Shandong Hi-Speed Holdings Group Limited (0412) AI Stock Analysis

• Market Cap: HK$103.90B
• Dividend Yield: N/A
• Average Volume (3M): 7.59M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.78
• Revenue Growth: 2.58%
• EPS Growth: 89.83%
• Country: HK
• Employees: 1,992
• Sector: Financial
• Sector Strength: 75
• Industry: Financial - Capital Markets
• EPS (TTM): -0.01
• Shares Outstanding: 6,019,431,000
• 10 Day Avg. Volume: 7,314,242
• 30 Day Avg. Volume: 7,585,566
• PEG Ratio: -20.47
• Price to Book (P/B): 20.79
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 204.93
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 57 Neutral
• Price Target: ―

Shandong Hi-Speed Holdings has strong revenue growth and operational efficiency but is hindered by high leverage and inconsistent cash flow. The technical analysis indicates positive momentum, which is a strong point. However, the negative P/E ratio and lack of dividend yield severely impact the valuation, resulting in an overall moderate stock score.

Shandong Hi-Speed Holdings Group Limited Business Overview & Revenue Model

Company Description

Shandong Hi-Speed Holdings Group Limited (0412) is a diversified investment holding company based in Hong Kong. The company operates primarily in the sectors of finance, infrastructure, and real estate. Its core services include investment in financial institutions, infrastructure projects such as toll roads and bridges, and property development and management. Shandong Hi-Speed Holdings leverages its expertise to manage and operate its investments effectively, aiming to achieve sustainable growth for its stakeholders.

How the Company Makes Money

Shandong Hi-Speed Holdings Group Limited generates revenue through a multi-faceted business model. Its primary revenue streams include toll collection from its investments in infrastructure projects like highways and bridges, interests, and dividends from financial investments, and sales and leasing income from its real estate development projects. Additionally, the company enters into strategic partnerships and joint ventures to optimize the returns on its investments. These ventures enable the company to share risks and benefits, thereby enhancing its revenue potential. Significant factors contributing to its earnings include its strategic location in the economically vibrant region of Shandong and its ability to attract investment and development projects that align with regional and national economic goals.

Shandong Hi-Speed Holdings Group Limited Financial Statement Overview

Summary

Shandong Hi-Speed Holdings demonstrates solid revenue growth and operational efficiency, but faces challenges with high leverage and inconsistent cash flow performance. The company's financial health is supported by strong revenue and gross margins, but the substantial debt burden and equity erosion pose risks to financial stability. Future performance will depend on the company's ability to manage its debt levels and improve cash flow consistency.

Income Statement

The company shows a strong revenue growth trajectory, increasing from HK$894.1M in 2019 to HK$5.58B in 2024, with a notable jump from 2022 onwards. Gross profit margins have remained stable around 40-50% over recent years, indicating consistent cost management. However, net profit margins have been relatively low due to significant debt servicing costs. The EBIT and EBITDA margins are healthy, showcasing operational efficiency.

Balance Sheet

The balance sheet reflects a high debt-to-equity ratio, which increased from 1.25 in 2019 to 7.36 in 2024, indicating a significant reliance on debt financing. The equity ratio has decreased over time, reflecting reduced shareholder equity relative to total assets. However, the company maintains substantial cash reserves, which provide a buffer against potential liquidity issues.

Cash Flow

Cash flow from operations has been volatile, with significant negative figures in the past, but improvements are seen in recent years. The free cash flow position has been erratic, reflecting the challenges in managing capital expenditures and operational cash generation. The ratio of operating cash flow to net income is unavailable for the latest period, indicating potential concerns in cash-based profitability.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	5.58B	5.53B	4.19B	1.07B	1.27B
Gross Profit	2.68B	2.44B	2.26B	738.63M	808.18M
EBITDA	3.74B	2.84B	2.66B	394.79M	679.73M
Net Income	353.52M	324.56M	170.29M	11.06M	-18.31M
Balance Sheet
Total Assets	66.17B	72.74B	68.96B	22.95B	24.97B
Cash, Cash Equivalents and Short-Term Investments	9.08B	11.43B	11.79B	10.60B	13.51B
Total Debt	44.97B	49.86B	47.25B	13.99B	14.87B
Total Liabilities	48.42B	53.85B	53.38B	14.34B	15.31B
Stockholders Equity	6.11B	6.11B	7.07B	8.53B	9.47B
Cash Flow
Free Cash Flow	0.00	1.70B	5.26B	-12.12B	-3.15B
Operating Cash Flow	0.00	3.33B	6.16B	-12.06B	-3.12B
Investing Cash Flow	0.00	-4.49B	464.86M	10.17B	-1.69B
Financing Cash Flow	0.00	2.60B	-3.50B	-1.77B	1.54B

Shandong Hi-Speed Holdings Group Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 17.26
• 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:0412, the sentiment is Positive. The current price of 17.26 is above the 20-day moving average (MA) of 16.38, above the 50-day MA of 13.44, and above the 200-day MA of 7.80, indicating a bullish trend. The MACD of 1.13 indicates Positive momentum. The RSI at 64.77 is Neutral, neither overbought nor oversold. The STOCH value of 68.49 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0412.

Shandong Hi-Speed Holdings Group Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1088	78 Outperform	$812.79B	11.14	12.78%	0.23%	-7.73%	-6.97%
1199	68 Neutral	$25.03B	9.25	5.64%	0.93%	5.93%	-3.64%
1171	61 Neutral	HK$125.58B	6.17	22.05%	1.15%	2.87%	―
Sector *	58 Neutral	HK$92.24B	5.77	-3.20%	4.64%	5.50%	-56.25%
0333	58 Neutral	HK$91.82M	―	-1.92%	―	20.02%	90.55%
0386	58 Neutral	$730.00B	12.43		1.68%	-7.72%	-26.66%
0412	57 Neutral	HK$103.90B	―		―	2.58%	89.83%

Shandong Hi-Speed Holdings Group Limited Corporate Events

Shandong Hi-Speed Holdings Announces 2025 AGM and Key Resolutions

Shandong Hi-Speed Holdings Group Limited has announced its upcoming annual general meeting scheduled for June 6, 2025, in Hong Kong. The meeting will address several key resolutions, including the consideration of the company’s audited financial statements for 2024, the re-election of certain directors, and the re-appointment of Crowe (HK) CPA Limited as the company’s auditor. Additionally, the meeting will discuss authorizing the board to manage directors’ remunerations and the potential issuance of additional company shares. These resolutions are crucial for the company’s governance and strategic planning, potentially impacting its operational and financial direction.

Shandong Hi-Speed Proposes Bye-law Amendments for Enhanced Meeting Flexibility

Shandong Hi-Speed Holdings Group Limited has announced proposed amendments to its existing bye-laws to allow for electronic and hybrid general meetings, aligning with the latest regulatory requirements. These changes aim to enhance shareholder participation and streamline meeting processes, potentially impacting the company’s governance and operational efficiency.

Shandong Hi-Speed Holdings Reports Strong Financial Growth in 2024

Shandong Hi-Speed Holdings Group Limited announced its annual financial results for the year ending December 31, 2024, reporting a significant increase in revenue and profit compared to the previous year. The company’s revenue rose to RMB 5,580,913,000, up from RMB 4,998,261,000 in 2023, while the profit attributable to owners of the company increased to RMB 53,911,000 from RMB 13,643,000. This growth reflects improved operational efficiency and strategic financial management, positioning the company strongly within its industry and offering positive implications for stakeholders.

Shandong Hi-Speed Holdings to Review Annual Results and Dividend

Shandong Hi-Speed Holdings Group Limited has announced that its board of directors will meet on March 27, 2025, to discuss and approve the company’s annual results for the year ending December 31, 2024. The meeting will also consider the declaration of a final dividend, which could have implications for shareholders and the company’s financial strategy.

Shandong Hi-Speed Holdings Adopts RMB for Financial Reporting

Shandong Hi-Speed Holdings Group Limited has announced a change in its presentation currency from Hong Kong dollars (HKD) to Renminbi (RMB) for its consolidated financial statements. This decision aligns with the company’s primary business operations and asset denomination in Mainland China, aiming to provide shareholders and potential investors a clearer understanding of its financial performance. The change will be applied retrospectively, with the first RMB-presented financial statements covering the year ending December 31, 2024, and comparative figures for 2023 being restated in RMB. The company anticipates no material impact on its financial statements due to this currency presentation change.

Shandong Hi-Speed Holdings Closes Cash Offer for SHNE Shares

Shandong Hi-Speed Holdings Group Limited announced the closure of its mandatory unconditional cash offer to acquire shares of Shandong Hi-Speed New Energy Group Limited. The offer closed with 13 valid acceptances, covering approximately 3.69% of SHNE’s issued share capital, resulting in a total consideration of HK$147,626,991.36. The settlement process for the accepted shares is underway, with payments to be dispatched to shareholders within seven business days.