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Shandong Hi-speed Co Ltd

Shandong Hi-speed Co Ltd

600350 · SHG · Industrials / Infrastructure Operations

11.22CNY+0.08 (+0.72%)

Price History

Full chart

Market Stats

Previous Close11.14
Open11.09
Day Range11.09 – 11.37
52-Week Range8.55 – 13.49
Volume8.80M
Market Cap49.12B
P/E (TTM)19.92
Forward P/E5.75
EPS0.51
Dividend Yield4.13%
Beta0.05
50-Day Avg10.57
200-Day Avg10.59

About

Shandong Hi-speed Company Limited engages in the investment and operation of transportation infrastructure in China. The company operates and manages road and bridge assets. It is also involved in reconstruction and expansion of bridges, underpasses, grade-separated interchanges, overpasses, culverts, service areas, parking area, and toll stations, as well as expressway. The company was formerly known as Shandong Expressway Company Limited and changed its name to Shandong Hi-speed Company Limited in April 2012. Shandong Hi-speed Company Limited was founded in 1999 and is headquartered in Jinan, China. Shandong Hi-speed Company Limited is a subsidiary of Shandong High-Speed Group Co., Ltd.

Company Details

  • SectorIndustrials
  • IndustryInfrastructure Operations
  • CEOMr. Hao Wang
  • Employees10.56K
  • HeadquartersNo. 5006, Olympic Sports Middle Road, Jinan, China, 250101, China
  • Websitehttps://www.sdecl.com.cn

Leadership

  • Mr. Hao WangGM & Vice Chairman · b. 1971
  • Mr. Liang ZhouChief Accountant · b. 1971
  • Mr. Rongchang SuiSecretary & Director · b. 1974
  • Mr. Jun ZhangDeputy General Manager · b. 1973
  • Mr. Hongyi WangDeputy General Manager · b. 1981

Financials

Income Statement

Currency: CNY1998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue625.95M671.30M741.30M792.57M1.40B1.55B2.06B2.62B2.52B3.15B3.67B3.67B3.94B5.95B5.22B5.83B6.42B6.97B8.46B8.13B6.83B10.41B13.00B16.20B22.38B26.55B28.49B23.93B
Growth (%)-+7.24%+10.43%+6.92%+76.81%+10.35%+33.47%+26.74%-3.79%+25.32%+16.24%+0.09%+7.39%+50.96%-12.16%+11.61%+10.03%+8.69%+21.31%-3.94%-15.98%+52.51%+24.86%+24.61%+38.11%+18.62%+7.34%-16.03%
Cost of Revenue130.74M133.95M222.29M229.09M552.07M692.64M879.78M1.35B941.41M1.20B1.54B1.70B1.69B2.54B1.89B1.96B2.27B2.45B4.08B3.50B3.45B5.76B8.26B9.21B14.98B18.48B21.07B16.03B
Gross Profit495.22M537.35M519.01M563.49M849.28M853.72M1.18B1.26B1.58B1.95B2.13B1.97B2.25B3.41B3.34B3.87B4.15B4.52B4.38B4.63B3.38B4.65B4.74B6.99B7.40B8.07B7.42B7.89B
Gross Margin79.11%80.05%70.01%71.10%60.60%55.21%57.37%48.27%62.59%61.80%58.09%53.64%57.16%57.33%63.84%66.37%64.66%64.80%51.83%56.97%49.45%44.66%36.47%43.16%33.06%30.38%26.05%32.99%
Operating Expense151.26M144.57M148.85M142.20M178.88M180.68M228.57M212.13M226.48M256.90M463.78M568.91M571.11M724.75M513.82M876.74M891.95M925.36M385.70M34.98M-1.65B162.81M995.50M1.84B1.70B2.64B2.11B1.63B
Operating Income343.96M392.78M370.16M421.29M670.40M673.04M955.50M1.05B1.35B1.69B1.67B1.40B1.68B2.69B2.82B2.99B3.26B3.59B4.00B4.60B5.02B4.49B3.75B5.15B5.70B5.43B5.31B6.27B
Operating Margin54.95%58.51%49.93%53.15%47.84%43.52%46.30%40.16%53.59%53.65%45.44%38.13%42.67%45.15%54.00%51.34%50.76%51.53%47.27%56.54%73.57%43.10%28.82%31.79%25.45%20.45%18.65%26.20%
EBITDA398.09M442.04M571.29M637.83M853.26M858.43M1.29B1.36B1.69B2.02B2.44B2.35B2.59B4.11B4.01B4.48B4.82B5.06B4.89B5.46B3.99B5.77B6.80B9.10B9.14B9.80B9.03B11.17B
EBITDA Margin63.60%65.85%77.07%80.48%60.89%55.51%62.35%52.17%67.20%63.99%66.68%64.14%65.81%69.09%76.70%76.84%75.14%72.53%57.85%67.20%58.47%55.43%52.30%56.17%40.83%36.91%31.70%46.67%
Net Income353.75M376.27M375.20M391.37M475.31M466.64M620.80M685.70M897.70M1.16B1.24B1.05B1.25B1.98B1.97B2.32B2.59B2.70B3.09B2.70B2.94B3.13B2.28B3.05B3.04B3.30B3.20B3.21B
Net Income Margin56.51%56.05%50.61%49.38%33.92%30.18%30.08%26.21%35.67%36.92%33.86%28.68%31.75%33.24%37.75%39.82%40.37%38.66%36.51%33.26%43.11%30.02%17.54%18.84%13.58%12.42%11.22%13.40%
R&D---------------3.76M4.56M5.54M2.62M2.97M2.10M40.25M67.63M135.70M415.76M484.27M493.24M537.56M
R&D as % of Total Revenue---------------0.06%0.07%0.08%0.03%0.04%0.03%0.39%0.52%0.84%1.86%1.82%1.73%2.25%
Interest Expense57.24M53.13M49.94M42.84M17.95M10.84M11.95M11.09M11.03M225126.41M169.76M127.31M238.87M298.40M395.07M492.02M334.30M663.66M629.97M1.00B1.38B1.70B2.02B2.32B2.36B2.19B2.06B
Interest Expense % of Total Revenue9.14%7.91%6.74%5.40%1.28%0.70%0.58%0.42%0.44%0.00%3.45%4.63%3.23%4.02%5.71%6.77%7.67%4.79%7.84%7.75%14.66%13.23%13.09%12.48%10.38%8.89%7.68%8.61%

Balance Sheet

Currency: CNY1998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets3.53B6.17B6.28B6.27B7.28B7.55B8.31B8.96B10.33B11.66B14.28B13.88B14.44B23.21B31.29B39.07B44.01B44.43B45.43B50.84B68.60B80.36B92.92B125.91B137.05B151.72B161.69B163.17B
Total Liabilities1.75B1.76B1.83B1.76B1.37B1.17B1.44B1.74B2.65B3.32B5.38B4.49B4.06B6.76B13.02B18.31B21.55B20.24B20.24B23.77B39.28B45.97B56.62B79.10B84.79B96.78B104.39B104.15B
Total Equity1.77B4.41B4.46B4.52B5.91B6.38B6.86B7.21B7.67B8.32B8.87B9.37B10.32B16.39B17.62B19.33B21.18B22.95B24.92B26.61B27.26B32.12B31.45B37.20B39.66B30.50B43.29B44.49B
Cash15.00M85.08M273.66M420.11M710.65M1.11B1.98B1.52B1.48B1.47B326.45M179.97M995.35M1.10B966.36M1.10B2.13B2.19B5.73B2.91B1.47B1.68B2.26B4.73B4.92B4.44B2.76B2.42B
Total Debt1.16B1.10B831.19M754.80M237.00M225.00M237.00M175.00M1.19B1.76B3.46B1.58B1.65B2.35B6.77B11.55B14.47B11.50B14.86B20.18B30.54B35.30B41.53B56.20B56.84B60.02B62.92B-
Net Debt1.14B1.01B557.53M334.69M-473.65M-880.96M-1.74B-1.34B-286.69M291.06M3.13B1.40B652.65M1.25B5.80B10.45B12.35B9.31B9.13B17.27B29.07B33.61B39.27B51.47B51.92B55.58B60.16B58.71B

Cash Flow

Currency: CNY2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow595.74M581.01M715.40M787.10M985.87M1.11B1.14B1.52B1.94B1.87B2.21B1.06B1.32B1.83B2.69B3.31B6.69B3.47B3.89B5.50B4.31B9.79B5.11B6.68B6.84B7.00B
Investing Cash Flow-87.43M-1.67M-834.01M-85.59M-102.92M-1.19B-1.57B-1.31B-3.56B-932.90M-590.53M-1.57B-1.03B-903.45M-2.82B-46.55M-3.34B-9.93B-8.37B-9.01B-4.65B-6.80B-8.85B-9.83B-7.76B-
Financing Cash Flow-319.73M-432.88M373.89M-297.94M-29.59M-426.55M462.81M-221.76M437.76M-1.10B-787.99M619.87M-420.25M-795.42M1.15B-3.19B175.70M3.64B3.00B3.71B762.62M-830.65M4.08B2.30B-737.11M-
Capital Expenditure6.43M5.38M837.83M83.61M180.02M1.12B1.60B1.31B2.52B941.87M596.13M355.63M462.89M429.48M687.65M953.00M4.43B5.41B7.31B8.74B6.59B8.42B6.73B7.14B8.62B4.77B
Free Cash Flow589.31M575.63M-122.42M703.48M805.85M-6.02M-457.66M205.63M-572.14M927.76M1.61B705.78M854.09M1.40B2.01B2.35B2.26B-1.94B-3.42B-3.24B-2.29B1.37B-1.62B-1.13B-1.78B2.23B
Dividends Paid66.28M365.22M369.33M297.19M30.88M327.44M620.73M442.49M671.66M697.30M427.57M511.10M1.07B1.31B2.11B1.82B1.64B1.62B2.21B1.07B1.96B1.97B1.94B1.95B4.86B4.75B
FCF to OCF98.92%99.07%-17.11%89.38%81.74%-0.54%-40.16%13.53%-29.45%49.62%72.99%66.49%64.85%76.56%74.47%71.18%33.78%-55.75%-88.01%-58.84%-53.04%14.00%-31.60%-16.99%-25.97%31.89%
Dividend Paid to FCF11.25%63.45%-301.68%42.25%3.83%-5442.70%-135.63%215.19%-117.39%75.16%26.53%72.42%125.07%93.29%105.40%77.14%72.65%-83.42%-64.56%-33.02%-85.54%143.57%-119.98%-172.07%-273.34%212.75%

Earnings

Report DateDec 31, 2002Mar 31, 2007Jun 30, 2007Sep 30, 2007Dec 31, 2007May 28, 2008Sep 3, 2008Oct 28, 2008Feb 25, 2009Apr 21, 2009Sep 2, 2009Oct 28, 2009Mar 3, 2010Jun 2, 2010Aug 14, 2010Oct 30, 2010Mar 2, 2011Apr 28, 2011Aug 23, 2011Nov 30, 2011Feb 29, 2012Apr 20, 2012Aug 29, 2012Oct 26, 2012Feb 27, 2013Apr 26, 2013Aug 23, 2013Nov 27, 2013Mar 28, 2014May 28, 2014Sep 3, 2014Oct 31, 2014Mar 27, 2015Apr 24, 2015Aug 29, 2015Oct 30, 2015Mar 26, 2016Apr 29, 2016Aug 4, 2016Oct 28, 2016Mar 30, 2017Apr 29, 2017Aug 31, 2017Oct 27, 2017Mar 30, 2018Apr 27, 2018Aug 30, 2018Oct 25, 2018Mar 28, 2019Apr 26, 2019Aug 28, 2019Oct 24, 2019Apr 24, 2020Aug 25, 2020Oct 29, 2020Mar 30, 2021Apr 28, 2021Aug 24, 2021Oct 29, 2021Mar 30, 2022Apr 27, 2022Aug 26, 2022Oct 27, 2022Mar 30, 2023Apr 27, 2023
EPS Estimate-------0.11-0.08-0.11--0.080.09-0.100.13--0.11-0.15-0.080.11-0.12---0.10------0.160.220.160.150.160.090.160.130.200.070.100.110.09----0.10--------
EPS Actual0.030.070.090.090.090.080.120.090.070.060.070.080.110.070.090.090.120.090.100.120.100.080.120.120.090.090.120.130.110.070.130.160.150.080.130.150.220.110.160.250.040.120.140.180.000.100.120.070.050.120.200.110.190.120.220.120.120.140.140.190.130.150.130.100.10
Surprise--------18.18%--25.00%--27.27%--12.50%0.00%--10.00%-23.08%---27.27%--20.00%-12.50%9.09%--8.33%---50.00%------56.25%-81.82%-25.00%-6.67%12.50%-100.00%-37.50%-7.69%-65.00%-28.57%20.00%81.82%22.22%----20.00%--------
Timing-------After-hours-After-hours-Pre-market--Pre-marketPre-market-After-hoursAfter-hours--After-hours-After-hours-After-hoursAfter-hours-After-hours--Pre-marketAfter-hoursAfter-hoursPre-marketAfter-hours-After-hoursPre-marketAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursPre-market

Key Statistics & Ratios

Market Cap49.12B
Enterprise Value114.89B
Trailing P/E19.92
Forward P/E5.75
PEG Ratio0.93
Price / Sales2.03
Price / Book1.06
EPS0.51
Book Value6.06
Revenue (TTM)24.15B
Gross Profit (TTM)7.86B
EBITDA9.61B
Profit Margin12.78%
Operating Margin22.72%
Return on Equity6.58%
Return on Assets2.28%
Shares Outstanding4.83B
Shares Float635.46M
Beta0.05
Dividend Yield4.13%
Dividend Rate0.42
Payout Ratio163.11%

Dividends

20231×
0.40Jun 15, 2023
20221×
0.40Jun 15, 2022
20211×
0.38Aug 10, 2021
20201×
0.38Jul 10, 2020
20191×
0.22Aug 15, 2019
20181×
0.18Jun 15, 2018
20171×
0.20Jul 14, 2017
20161×
0.18Jul 14, 2016
20151×
0.19Jul 14, 2015
20141×
0.15Jul 4, 2014
20131×
0.13Jul 23, 2013
20121×
0.15Jul 30, 2012
20111×
0.10May 11, 2011
20101×
0.09Jun 29, 2010
20091×
0.17Jul 24, 2009
20081×
0.16Jul 11, 2008
20071×
0.13Jul 6, 2007
20062×
0.13Jun 6, 20061.03Apr 21, 2006
20051×
0.10Jul 5, 2005
20041×
0.04Jun 29, 2004
20031×
0.11Jun 20, 2003

Stock Splits

  • Apr 21, 200613:10