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Shenzhen Expressway Co Ltd

Shenzhen Expressway Co Ltd

600548 · SHG · Industrials / Infrastructure Operations

8.72CNY+0.11 (+1.28%)

Price History

Full chart

Market Stats

Previous Close8.61
Open8.57
Day Range8.54 – 8.73
52-Week Range7.93 – 10.54
Volume4.64M
Market Cap20.61B
P/E (TTM)20.82
Forward P/E15.13
EPS0.39
Dividend Yield3.00%
Beta0.32
50-Day Avg8.32
200-Day Avg8.77

About

Shenzhen Expressway Corporation Limited, together with its subsidiaries, primarily invests in, constructs, operates, and manages toll highways and roads, as well as other urban and transportation infrastructure in the People's Republic of China. It operates through Toll Road, Environmental Protection, and Others segments. The company offers recovery and solid waste management; clean energy power generation; construction management and highways operation management services for government and other enterprises; project development, road operation and maintenance, and construction consulting; entrusted management, advertising, finance leasing, and construction services under franchised arrangement services; property development and management; and electronic toll collection and clearing systems and services. It also provides environmental protection and infrastructure construction; capital market; wind power; kitchen waste disposal; commercial factoring; environmental and ecological monitoring agricultural science research; health, elderly care, and nursing; engineering; business and office; information technology; environment and facility; real estate; science and technology promotion and application; and real estate brokerage services. In addition, the company is involved in the leasing and management of apartments; manufacturing equipment; asphalt building materials; and ecological protection and environmental management industries. The company was incorporated in 1996 and is headquartered in Shenzhen, the People's Republic of China.

Company Details

  • SectorIndustrials
  • IndustryInfrastructure Operations
  • CEOMr. Xiang Wen Liao
  • Employees6.02K
  • HeadquartersHanking Center Tower, Shenzhen, China, 518057, China
  • Websitehttps://www.sz-expressway.com

Leadership

  • Mr. Xiang Wen LiaoPresident & Executive Director · b. 1968
  • Ms. Zhenyuan JinCFO & Executive Director · b. 1971
  • Ms. Guiping ZhaoChief Accountant & Company Secretary · b. 1973
  • Ms. Bi Nan HuangDeputy Administrative Officer & VP · b. 1971
  • Mr. Shou Yi ChenChief Engineer · b. 1971
  • Mr. Hai YaoExecutive Director · b. 1973
  • Mr. De Liang WenVice President · b. 1982
  • Mr. Meng DuVice President · b. 1974
  • Mr. Shaoliang WangVice President · b. 1973

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 Revenue388.70M450.81M515.40M604.52M646.13M598.14M705.78M911.48M769.29M3.81B1.06B1.44B2.96B2.86B3.13B3.28B3.62B3.42B4.53B5.21B5.81B6.39B8.03B10.89B9.37B9.30B9.25B9.24B
Growth (%)-+15.98%+14.33%+17.29%+6.88%-7.43%+18.00%+29.15%-15.60%+395.01%-72.08%+35.62%+105.63%-3.53%+9.61%+4.61%+10.40%-5.52%+32.50%+14.96%+11.45%+10.04%+25.61%+35.67%-13.93%-0.82%-0.53%-0.05%
Cost of Revenue89.65M103.09M104.47M154.48M164.25M137.90M156.36M206.50M272.83M338.67M445.38M706.58M1.10B1.18B1.51B1.53B1.71B1.68B2.53B2.71B2.86B3.59B5.21B7.12B6.45B6.08B6.49B6.55B
Gross Profit299.05M347.72M410.93M450.04M481.87M460.23M549.41M704.98M919.09M764.79M617.68M735.10M1.20B1.77B1.62B1.75B1.92B1.74B2.00B2.50B2.95B2.80B2.81B3.77B2.92B3.21B2.76B2.70B
Gross Margin76.94%77.13%79.73%74.45%74.58%76.94%77.85%77.34%119.47%20.08%58.10%50.99%40.52%61.86%51.80%53.46%52.90%50.92%44.11%47.97%50.78%43.89%35.03%34.66%31.15%34.57%29.82%29.18%
Operating Expense-27.17M6.31M69.16M65.78M109.11M78.88M140.79M130.00M319.23M95.95M55.92M167.17M139.70M193.02M192.74M600.27M456.53M106.46M380.68M623.85M-1.58B264.33M99.44M462.57M432.89M200.28M961.70M663.44M
Operating Income326.22M341.40M341.76M384.27M372.76M381.36M408.62M574.99M599.86M668.84M561.76M567.93M1.06B1.58B1.43B1.15B1.46B1.64B1.62B1.88B4.53B2.54B2.71B3.31B2.49B3.01B1.80B2.03B
Operating Margin83.93%75.73%66.31%63.57%57.69%63.76%57.90%63.08%77.98%17.56%52.84%39.39%35.81%55.11%45.66%35.15%40.29%47.81%35.71%36.00%78.05%39.75%33.80%30.41%26.54%32.42%19.42%22.00%
EBITDA323.06M374.63M455.51M558.44M552.07M1.14B653.90M934.59M856.27M1.01B752.51M956.05M1.67B2.42B2.24B2.51B2.67B2.37B3.00B3.84B4.31B3.87B3.97B5.22B4.51B4.90B4.37B4.51B
EBITDA Margin83.11%83.10%88.38%92.38%85.44%190.34%92.65%102.53%111.31%26.64%70.79%66.32%56.32%84.47%71.60%76.54%73.81%69.21%66.10%73.69%74.22%60.59%49.44%47.90%48.07%52.68%47.26%48.76%
Net Income293.84M323.60M343.64M401.94M351.35M852.04M484.56M485.04M559.24M673.60M503.19M540.22M745.81M875.15M684.53M719.69M2.19B1.55B1.17B1.38B3.44B2.56B2.05B2.61B2.02B2.33B1.15B1.15B
Net Income Margin75.59%71.78%66.67%66.49%54.38%142.45%68.66%53.21%72.70%17.69%47.33%37.47%25.16%30.60%21.84%21.95%60.41%45.39%25.80%26.56%59.24%40.13%25.60%24.00%21.51%25.04%12.38%12.44%
R&D------------------18.47M18.47M18.47M18.47M58.69M60.57M46.48M33.48M32.93M42.70M
R&D as % of Total Revenue------------------0.41%0.35%0.32%0.29%0.73%0.56%0.50%0.36%0.36%0.46%
Interest Expense--34.19M41.65M24.93M25.98M23.73M100.66M90.74M140.33M264.92M394.61M548.24M547.42M610.44M583.00M525.57M485.09M628.60M912.17M1.00B628.93M697.48M1.15B1.20B1.24B40.59M867.21M
Interest Expense % of Total Revenue--6.63%6.89%3.86%4.34%3.36%11.04%11.80%3.68%24.92%27.37%18.49%19.14%19.47%17.78%14.52%14.18%13.87%17.51%17.27%9.84%8.69%10.57%12.78%13.32%0.44%9.38%

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 Assets4.90B5.39B5.93B7.00B6.92B7.11B7.52B9.93B10.19B15.20B18.21B22.21B22.62B24.61B24.21B22.84B24.33B31.67B32.38B37.47B41.10B44.92B55.14B60.61B69.20B67.51B67.56B71.44B
Total Liabilities804.71M1.23B1.63B1.91B1.74B1.13B1.47B3.64B3.60B7.21B10.50B13.34B13.28B14.11B13.34B11.60B11.21B16.71B17.67B21.70B21.56B24.20B28.87B32.84B41.84B39.51B40.36B43.16B
Total Equity3.94B4.14B4.29B5.07B5.16B5.95B6.02B6.27B6.59B7.28B7.00B8.18B8.65B9.20B9.54B9.97B11.80B12.37B12.67B13.62B17.39B18.37B23.04B24.64B21.35B22.36B21.90B23.03B
Cash879.02M379.58M333.64M973.79M977.52M1.32B1.30B924.08M388.70M483.02M676.87M969.36M832.43M2.18B1.96B1.09B1.63B6.42B5.66B2.52B4.23B4.73B5.55B4.20B3.64B2.15B2.91B5.15B
Total Debt250.00M900.00M750.00M769.06M634.42M299.38M713.90M2.49B2.34B5.64B8.02B10.13B9.94B11.20B10.84B9.42B8.24B6.73B7.11B11.73B14.02B14.70B15.42B20.71B31.17B27.88B26.70B36.41B
Net Debt-629.02M520.42M416.36M-204.73M-343.10M-1.02B-583.91M1.57B1.95B5.16B7.35B9.16B9.10B9.03B8.88B8.32B6.60B306.12M1.44B9.20B9.80B9.96B9.87B16.52B27.53B25.73B23.79B31.26B

Cash Flow

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
Operating Cash Flow330.30M383.61M431.48M575.22M441.20M431.49M511.54M645.10M1.00B811.72M945.87M779.94M1.62B1.51B1.53B1.76B1.79B1.77B2.13B2.66B3.22B1.75B1.10B3.94B3.37B4.09B3.72B5.34B
Investing Cash Flow-475.93M-1.82B-295.97M-419.90M-207.06M872.21M-464.57M-2.34B-983.95M-3.46B-2.38B-1.85B-836.35M-740.86M-428.06M-505.05M494.87M583.62M-2.53B-6.99B957.94M-253.49M-4.43B-5.13B-3.44B-923.61M-36.15M-5.54B
Financing Cash Flow60.03M800.88M-131.98M484.65M-370.83M-832.11M-52.18M1.35B-528.65M2.79B1.50B1.02B-724.93M828.14M-1.32B-2.12B-2.12B2.57B-1.53B1.77B-3.48B-1.15B3.59B1.67B-2.34B-4.39B-2.81B2.28B
Capital Expenditure553.67M998.98M343.55M261.00M305.90M195.34M295.50M425.27M688.53M3.37B2.70B1.03B955.30M873.00M545.48M610.57M312.90M128.35M382.09M934.14M1.11B1.61B2.48B3.80B2.09B2.09B2.06B3.28B
Free Cash Flow-223.37M-615.38M87.93M314.22M135.30M236.15M216.04M219.83M316.35M-2.56B-1.75B-249.03M662.06M635.13M985.17M1.15B1.48B1.64B1.74B1.73B2.11B141.65M-1.38B143.13M1.28B2.00B1.66B2.06B
Dividends Paid117.23M177.52M151.39M245.09M260.87M287.65M441.35M328.87M387.02M488.24M713.00M696.11M694.32M791.71M886.40M840.92M833.41M1.43B1.07B1.04B1.29B1.55B1.20B1.36B1.35B2.45B2.42B619.24M
FCF to OCF-67.63%-160.42%20.38%54.63%30.67%54.73%42.23%34.08%31.48%-315.58%-185.16%-31.93%40.93%42.11%64.36%65.33%82.56%92.75%82.03%64.89%65.57%8.09%-125.68%3.63%37.93%48.86%44.60%38.58%
Dividend Paid to FCF-52.48%-28.85%172.18%78.00%192.81%121.81%204.29%149.60%122.34%-19.06%-40.71%-279.53%104.87%124.65%89.97%73.08%56.28%87.19%61.24%60.22%61.05%1093.04%-86.67%947.89%105.80%122.29%145.72%30.07%

Earnings

Report DateSep 30, 2007Apr 24, 2008Aug 8, 2008Oct 30, 2008Feb 25, 2009Apr 28, 2009Aug 28, 2009Oct 29, 2009Mar 19, 2010Apr 28, 2010Aug 20, 2010Oct 28, 2010Mar 25, 2011Apr 28, 2011Aug 12, 2011Oct 27, 2011Mar 28, 2012Apr 26, 2012Aug 17, 2012Oct 29, 2012Mar 25, 2013Apr 24, 2013Aug 16, 2013Oct 29, 2013Mar 19, 2014Apr 29, 2014Aug 19, 2014Nov 3, 2014Mar 20, 2015Apr 28, 2015Aug 21, 2015Oct 28, 2015Mar 18, 2016Apr 25, 2016Aug 20, 2016Oct 27, 2016Mar 17, 2017Apr 26, 2017Aug 18, 2017Oct 27, 2017Mar 23, 2018Apr 25, 2018Aug 14, 2018Oct 25, 2018Mar 22, 2019Apr 26, 2019Aug 23, 2019Oct 30, 2019Mar 18, 2020Apr 28, 2020Aug 21, 2020Oct 29, 2020Mar 24, 2021Apr 28, 2021Aug 25, 2021Oct 29, 2021Mar 29, 2022Apr 28, 2022Aug 26, 2022Oct 28, 2022Mar 24, 2023Apr 29, 2023
EPS Estimate---0.08-0.04-0.050.06-0.09-0.07--0.09-0.090.08--0.10-0.090.06-0.62----0.140.440.13------0.130.130.130.13------------------
EPS Actual0.090.070.080.070.030.050.090.060.040.080.090.100.080.090.080.160.080.110.080.070.050.080.100.120.090.110.670.140.080.120.130.14-0.120.120.170.150.100.160.180.220.120.180.260.250.880.210.510.260.16-0.060.080.270.650.250.290.300.290.170.160.51-0.080.20
Surprise----12.50%-25.00%-20.00%-33.33%-0.00%-14.29%--77.78%-22.22%0.00%---20.00%-33.33%50.00%-8.06%----0.00%-127.27%-7.69%-------7.69%38.46%100.00%92.31%------------------
Timing---After-hours-After-hours-After-hoursAfter-hours-After-hours-After-hours--Pre-market-Pre-marketPre-market--Pre-market-Pre-marketPre-market-After-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketPre-marketAfter-hoursPre-marketPre-market

Key Statistics & Ratios

Market Cap20.61B
Enterprise Value41.46B
Trailing P/E20.82
Forward P/E15.13
PEG Ratio30.86
Price / Sales2.29
Price / Book0.76
EPS0.39
Book Value9.07
Revenue (TTM)9.00B
Gross Profit (TTM)2.60B
EBITDA4.29B
Profit Margin12.32%
Operating Margin28.37%
Return on Equity3.54%
Return on Assets1.74%
Shares Outstanding1.79B
Shares Float731.03M
Beta0.32
Dividend Yield3.00%
Dividend Rate0.24
Payout Ratio62.09%

Dividends

20231×
0.46May 31, 2023
20221×
0.62Jul 15, 2022
20211×
0.43Jun 1, 2021
20201×
0.52Jul 10, 2020
20191×
0.36Jun 6, 2019
20181×
0.30Jun 15, 2018
20171×
0.22Jun 9, 2017
20161×
0.34Jun 3, 2016
20151×
0.20Jun 1, 2015
20141×
0.16May 27, 2014
20131×
0.13May 28, 2013
20121×
0.16Jun 14, 2012
20111×
0.16Jun 3, 2011
20101×
0.12May 28, 2010
20091×
0.12Jun 11, 2009
20081×
0.16Jun 16, 2008
20071×
0.13May 11, 2007
20062×
0.12Jun 27, 20061.06Feb 27, 2006
20051×
0.11Apr 22, 2005
20041×
0.19May 24, 2004
20031×
0.12Jun 17, 2003
20022×
0.08Jun 19, 20020.10Apr 26, 2002

Stock Splits

  • Feb 27, 200613:10