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Shenzhen Investment Holdings Bay Area Development Company
(0737)
Shenzhen Investment Holdings Bay Area Development Company (0737) vs. iShares MSCI Hong Kong ETF (EWH)
Shenzhen Investment Holdings Bay Area Development Company Business Overview & Revenue Model
Shenzhen Investment Holdings Bay Area Development Company Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 792.65M | 879.49M | 944.78M | 789.70M | 613.51M | 0.00 |
| Gross Profit | 331.49M | 344.98M | 300.82M | 189.89M | 257.47M | 0.00 |
| EBITDA | 462.16M | 557.89M | 457.35M | 718.76M | 1.22B | -35.20M |
| Net Income | 469.99M | 460.92M | 528.48M | 278.57M | 711.43M | 688.66M |
Balance Sheet | ||||||
| Total Assets | 13.17B | 12.80B | 12.41B | 12.22B | 14.74B | 6.62B |
| Cash, Cash Equivalents and Short-Term Investments | 1.46B | 1.11B | 1.01B | 925.46M | 2.21B | 1.56B |
| Total Debt | 4.59B | 4.54B | 4.05B | 3.98B | 1.94B | 1.08B |
| Total Liabilities | 5.45B | 5.16B | 4.71B | 4.83B | 2.09B | 1.62B |
| Stockholders Equity | 4.54B | 4.55B | 4.75B | 4.54B | 8.36B | 4.98B |
Cash Flow | ||||||
| Free Cash Flow | 492.32M | 294.04M | 159.08M | -231.09M | -183.59M | -52.04M |
| Operating Cash Flow | 517.38M | 568.94M | 467.85M | 87.18M | -183.05M | -50.90M |
| Investing Cash Flow | 124.22M | 47.65M | 234.53M | 310.00M | 1.22B | -19.44M |
| Financing Cash Flow | -398.24M | -366.89M | -696.19M | -1.78B | -8.75M | 533.27M |
Shenzhen Investment Holdings Bay Area Development Company Technical Analysis
Shenzhen Investment Holdings Bay Area Development Company Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | HK$7.61B | 3.91 | 5.94% | 5.26% | 7.04% | 7.64% | |
69 Neutral | HK$6.04B | 8.87 | 10.13% | 8.67% | -20.64% | -16.80% | |
64 Neutral | HK$3.62B | 4.89 | 10.92% | 6.05% | -21.80% | -8.00% | |
64 Neutral | HK$3.40B | 3.80 | 10.26% | 5.25% | 3.78% | -17.34% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
62 Neutral | HK$20.17B | 13.25 | 8.89% | 5.82% | -20.02% | 42.97% | |
56 Neutral | HK$23.59B | 8.38 | 5.84% | 3.72% | 7.13% | -52.33% |
Shenzhen Investment Holdings Bay Area Development Company Corporate Events
Shenzhen Investment Holdings Bay Area Development’s deemed subsidiary GSZ Company has awarded Poly Changda the LG TJ1 Section construction contract for the Luogang Interchange Reconstruction Project through an open tender conducted via the Guangzhou Public Resources Trading Center, at a contract price of RMB775.2 million for a 2.456 km road section involving roadbed, pavement, bridges, tunnels and associated utility relocation over a 42‑month construction period. As the deal size triggers discloseable and connected transaction thresholds under the Hong Kong Listing Rules, the company has clarified that, although Poly Changda is an associate of a substantial shareholder and thus a connected party at the subsidiary level, the board (including independent non-executive directors) considers the terms fair, on normal commercial terms and in the ordinary course of business, meaning the transaction is subject only to reporting and announcement requirements without needing independent shareholder approval, which underscores management’s confidence in the project’s strategic fit and governance compliance.
The most recent analyst rating on (HK:0737) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Shenzhen Investment Holdings Bay Area Development Company stock, see the HK:0737 Stock Forecast page.
Shenzhen Investment Holdings Bay Area Development Company reported largely stable unaudited toll revenue performance for November 2025 across its core expressway portfolio, with the GS Superhighway’s monthly toll revenue flat year-on-year at about RMB 247.8 million, the GZ West Superhighway down 6% to roughly RMB 99.8 million, and the Coastal Expressway (Shenzhen Section) up 5% to about RMB 74.2 million. The company attributed the divergent trends in toll revenue to changes in the surrounding road network affecting traffic volumes on each route, and cautioned that the disclosed figures are provisional, derived from internal unaudited records and subject to adjustment under the integrated toll collection system, meaning investors should treat the data as reference only and avoid placing undue reliance on the monthly comparison.
The most recent analyst rating on (HK:0737) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Shenzhen Investment Holdings Bay Area Development Company stock, see the HK:0737 Stock Forecast page.
Shenzhen Investment Holdings Bay Area Development Company’s project subsidiary GSZ Company has awarded Poly Changda a RMB1.45 billion contract, following an open tender via the Guangzhou Public Resources Trading Center, to undertake construction works for the SZ TJ2 section of the approved Shenzhen Road Section R&E Project. The deal qualifies as a major transaction under Hong Kong’s listing rules and, because Poly Changda is an associate of a substantial shareholder of GSZ Company, it is also treated as a connected transaction at the subsidiary level; however, the board, including independent non-executive directors, has deemed the terms fair, on normal commercial terms and in the ordinary course of business, and secured written approval from controlling shareholder SIIC, eliminating the need for a general meeting while the company prepares a circular with further details for shareholders, underscoring both regulatory compliance and continued capital commitment to its core road infrastructure business.
The most recent analyst rating on (HK:0737) stock is a Buy with a HK$2.00 price target. To see the full list of analyst forecasts on Shenzhen Investment Holdings Bay Area Development Company stock, see the HK:0737 Stock Forecast page.
In October 2025, Shenzhen Investment Holdings Bay Area Development Company reported a decline in toll revenues across its major expressways due to changes in the surrounding road network. The GS Superhighway saw a slight decrease of 0.5% in monthly toll revenue, while the GZ West Superhighway and the Coastal Expressway experienced more significant declines of 6% and 11%, respectively. These changes highlight the impact of external factors on the company’s operations and may influence future strategic decisions.
The most recent analyst rating on (HK:0737) stock is a Buy with a HK$2.00 price target. To see the full list of analyst forecasts on Shenzhen Investment Holdings Bay Area Development Company stock, see the HK:0737 Stock Forecast page.
In September 2025, Shenzhen Investment Holdings Bay Area Development Company Limited reported a decline in toll revenues across its three major expressways, with the GS Superhighway, GZ West Superhighway, and Coastal Expressway experiencing decreases of 5%, 12%, and 6% respectively. The changes in the surrounding road network impacted traffic volumes, leading to varied year-on-year revenue changes. These provisional statistics, compiled from unaudited internal records, highlight potential challenges in maintaining revenue levels amidst infrastructure changes, urging stakeholders to exercise caution when interpreting these figures.
The most recent analyst rating on (HK:0737) stock is a Buy with a HK$2.00 price target. To see the full list of analyst forecasts on Shenzhen Investment Holdings Bay Area Development Company stock, see the HK:0737 Stock Forecast page.
Shenzhen Investment Holdings Bay Area Development Company Limited reported its unaudited financial results for the nine months ending September 30, 2025. The company experienced a decline in average daily toll revenue across its GS Superhighway and GZ West Superhighway by 2% and 13% respectively, while the Coastal Expressway saw an 11% increase. Traffic volume remained relatively stable with minor fluctuations, indicating a mixed performance in operational metrics. The results highlight the company’s ongoing challenges and opportunities within the infrastructure sector, impacting its revenue streams and market positioning.
The most recent analyst rating on (HK:0737) stock is a Buy with a HK$2.00 price target. To see the full list of analyst forecasts on Shenzhen Investment Holdings Bay Area Development Company stock, see the HK:0737 Stock Forecast page.
Shenzhen Investment Holdings Bay Area Development Company Limited, a company listed on the Hong Kong Stock Exchange, has announced a change in its board of directors. Ms. Siyan Chen has resigned as a non-executive director due to other work commitments, effective October 24, 2025. She has confirmed no disputes with the company. Ms. Xiao Yang, with over a decade of experience in corporate investment and infrastructure financing, has been appointed as the new non-executive director. Her appointment is expected to bring valuable expertise to the company’s operations.
The most recent analyst rating on (HK:0737) stock is a Buy with a HK$2.00 price target. To see the full list of analyst forecasts on Shenzhen Investment Holdings Bay Area Development Company stock, see the HK:0737 Stock Forecast page.
Shenzhen Investment Holdings Bay Area Development Company Limited has announced the composition of its Board of Directors and the roles of its members. The board includes executive, non-executive, and independent non-executive directors, with specific members serving on the audit, remuneration, and nomination committees. This announcement provides clarity on the governance structure, which is crucial for stakeholders to understand the company’s leadership dynamics.
The most recent analyst rating on (HK:0737) stock is a Buy with a HK$2.00 price target. To see the full list of analyst forecasts on Shenzhen Investment Holdings Bay Area Development Company stock, see the HK:0737 Stock Forecast page.