Shenzhen International Holdings (0152) AI Stock Analysis

• Market Cap: $19.48B
• Dividend Yield: 7.51%
• Average Volume (3M): 4.00M
• Price to Earnings (P/E): 6.7
• Beta (1Y): 0.65
• Revenue Growth: -24.13%
• EPS Growth: 50.09%
• Country: HK
• Employees: 8,960
• Sector: Industrials
• Sector Strength: 75
• Industry: Industrial - Infrastructure Operations
• EPS (TTM): 0.22
• Shares Outstanding: 2,443,735,600
• 10 Day Avg. Volume: 2,908,394
• 30 Day Avg. Volume: 3,998,417
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 4.82
• Enterprise Value/Revenue: 6.03
• Enterprise Value/Gross Profit: 26.39
• Enterprise Value/Ebitda: 18.40
• 1Y Price Target: $9.00
• Price Target Upside: 13.04% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 74 Outperform
• Price Target: HK$9.00 ▲(13.07% Upside)

The stock's attractive valuation with a low P/E ratio and high dividend yield significantly boosts its score. Strong technical indicators support a positive outlook. However, financial performance concerns around revenue and cash flow impact the overall score.

Shenzhen International Holdings Business Overview & Revenue Model

Company Description

Shenzhen International Holdings Limited, an investment holding company, invests in, constructs, and operates logistic infrastructure facilities primarily in the People's Republic of China. It operates through two segments, Toll roads and General Environmental Protection Business, and Logistic Business. The Toll roads and General Environmental Protection Business segment develops, operates, and manages toll highways. This segment also engages in the sale of wind turbine equipment; kitchen waste disposal projects construction; and operation and sale of wind power stations. The company's Logistic Business segment constructs, operates, and manages logistics parks and centers, and integrated logistics hubs; and provides third-party logistics services, logistic information services, and financial services; port and related services; and logistic park transformation and upgrading services. It also operates two general bulk cargo terminals and depots in Nanjing Xiba Port that provides various services, such as loading and unloading, lightering, train loading and unloading, and warehousing. In addition, the company provides electronic information exchange, transmission, and value-added information sharing services; supply chain management services; project investment and enterprise management consulting services; and real estate development and investment management services, as well as operates Longda and Shenzhen Expressway in Shenzhen. Further, it offers logistics and transportation ancillary services, and cargo transportation and warehousing services. Additionally, it provides technical development, sales, maintenance, and technology service of computer hardware, software, and network systems; and monetary and financial leasing, property leasing and management, freight forwarding, and other services. The company is headquartered in Tsimshatsui East, Hong Kong.

How the Company Makes Money

Shenzhen International Holdings generates revenue primarily through its toll road operations, where it collects toll fees from vehicles using its network of highways and expressways. Additionally, the company earns income from its logistics parks by leasing space to businesses for storage and distribution purposes. Its port operations contribute to revenue through docking fees, cargo handling, and related services. The company may also engage in strategic partnerships and collaborations to enhance its logistics capabilities and expand its market presence, which can contribute to its overall earnings.

Shenzhen International Holdings Financial Statement Overview

Summary

Overall financial performance showed improvement in profitability metrics such as net profit margin and return on equity. However, concerns about sustainable growth arise due to a decline in revenue and free cash flow, along with a slight increase in leverage.

Income Statement

The company experienced a decline in total revenue from 2023 to 2024, with a decrease in gross profit margin from 36.76% to 22.85%. The net profit margin improved from 9.27% in 2023 to 18.45% in 2024, indicating enhanced efficiency in cost management. However, the decline in revenue is a concern for future growth prospects.

Balance Sheet

The debt-to-equity ratio increased from 1.78 in 2023 to 1.89 in 2024, indicating higher leverage. However, the equity ratio remained stable at around 23.91%. Return on Equity improved from 6.02% to 8.84%, showing better profitability with the equity base.

Cash Flow

The company faced a significant decline in free cash flow from -4486.42 million in 2023 to -5412.91 million in 2024, indicating potential liquidity issues. Operating cash flow to net income ratio decreased, suggesting less cash generation from operating activities relative to net income.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	15.57B	20.52B	15.53B	18.54B	19.45B
Gross Profit	3.56B	7.55B	4.15B	5.57B	6.46B
EBITDA	5.10B	9.42B	9.54B	13.22B	13.12B
Net Income	2.87B	1.90B	1.94B	6.09B	6.04B
Balance Sheet
Total Assets	136.00B	130.49B	133.49B	123.71B	113.19B
Cash, Cash Equivalents and Short-Term Investments	9.98B	9.78B	14.05B	9.45B	13.52B
Total Debt	61.38B	56.35B	57.21B	41.78B	32.90B
Total Liabilities	81.47B	75.52B	78.30B	60.66B	54.71B
Stockholders Equity	32.50B	31.58B	31.25B	40.20B	36.72B
Cash Flow
Free Cash Flow	-5.41B	-4.49B	2.90B	-4.41B	-5.53B
Operating Cash Flow	4.38B	5.55B	10.13B	3.67B	631.76M
Investing Cash Flow	-5.64B	-6.47B	-7.84B	-8.15B	-7.97B
Financing Cash Flow	2.71B	-2.05B	-444.80M	3.05B	4.54B

Shenzhen International Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 7.96
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0152, the sentiment is Positive. The current price of 7.96 is below the 20-day moving average (MA) of 8.05, above the 50-day MA of 7.81, and above the 200-day MA of 6.96, indicating a neutral trend. The MACD of 0.05 indicates Positive momentum. The RSI at 53.86 is Neutral, neither overbought nor oversold. The STOCH value of 62.96 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0152.

Shenzhen International Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0152	74 Outperform	$19.48B	6.66	8.96%	7.51%	-24.13%	50.09%
Sector *	66 Neutral	£2.68B	13.05	3.30%	3.25%	2.40%	-22.21%
AUHEF	―	$3.43B	8.64	14.00%	6.19%	―	―
GZITF	―	$821.14M	8.97	5.94%	5.20%	―	―
JEXYF	―	$8.98B	9.63	13.04%	5.17%	―	―
SEXHF	―	$2.24B	8.99	8.46%	6.49%	―	―
SHZNF	―	$3.25B	12.96	5.52%	3.92%	―	―

Shenzhen International Holdings Corporate Events

SZ Expressway Subscribes to RMB1 Billion in Structured Deposits

Shenzhen International Holdings, through its subsidiary SZ Expressway, has announced the subscription of two structured deposit products, each valued at RMB500 million, with Jiangsu Bank. These investments are principal-guaranteed with floating returns, offering a return rate between 1.2% and 3.1%. The transactions, completed within a short timeframe, have implications under the Hong Kong Listing Rules, classifying them as discloseable transactions for SZ International due to the aggregate percentage ratios exceeding 5% but remaining under 25%. This move reflects SZ International’s strategic financial management and investment approach, potentially impacting its financial positioning and stakeholder interests.

Shenzhen International Advances Transformation with New Land Transfer Agreement

Shenzhen International Holdings has entered into a Land Transfer Agreement for Phase I of the Reserved Land in the South China Logistics Park, marking a significant step in its transformation project. This agreement involves the transfer of land use rights for a site area of approximately 21,967.48 square meters, with a gross floor area of about 126,520 square meters, for a price of approximately RMB266 million. The project aims to shift the land use from logistics to a comprehensive model centered on the digital economy, enhancing the company’s long-term sustainable development and financial performance.

Shenzhen International’s SZ Expressway Subscribes to RMB1.6 Billion Structured Deposits

Shenzhen International Holdings, through its subsidiary SZ Expressway, has announced the subscription of two structured deposit products from the Bank of Communications, totaling RMB1.6 billion. These transactions, completed within a short timeframe, have been classified as discloseable under the Hong Kong Stock Exchange’s Listing Rules due to their aggregate size, necessitating reporting and announcement requirements but exempting them from shareholder approval. This move reflects SZ Expressway’s strategic financial management, potentially impacting its liquidity and investment portfolio.

Shenzhen International Announces Scrip Dividend Scheme Details

Shenzhen International Holdings has announced the calculation of the market value for its Scrip Shares related to the final dividend for the year ended 31 December 2024. The market value is determined to be HK$7.102, based on the average closing price per share over a specified period. Shareholders have the option to receive their final dividend in cash, Scrip Shares, or a combination of both, except for those residing in certain U.S. states who will receive cash only. The issuance of Scrip Shares could potentially increase the company’s share count by approximately 8.42%, impacting shareholder value and market positioning.

Shenzhen International Holdings Announces 2024 Dividend Update

Shenzhen International Holdings Limited announced an update regarding its 2024 Annual Results, specifically detailing the cash dividend with a scrip option for shareholders. The final dividend declared is HKD 0.598 per share, with a scrip conversion price set at HKD 7.102. Shareholders have until 10 June 2025 to elect their preferred option, with the payment date scheduled for 20 June 2025. This announcement reflects the company’s commitment to providing shareholder value and maintaining financial stability.

Shenzhen International Holdings Passes Key Resolutions at AGM

Shenzhen International Holdings Limited announced the successful passage of all resolutions at their Annual General Meeting held on May 9, 2025. Key resolutions included the approval of audited financial statements, the declaration of a final dividend with options for scrip shares or cash, and the re-election of several directors. The company also granted mandates to the Board for share buybacks and the issuance of new shares. These resolutions are expected to strengthen the company’s governance and financial strategies, potentially impacting shareholder value positively.