Shenzhen International Holdings (0152) AI Stock Analysis

• Market Cap: HK$19.28B
• Dividend Yield: 7.58%
• Average Volume (3M): 5.45M
• Price to Earnings (P/E): 7.0
• Beta (1Y): 0.64
• Revenue Growth: -22.68%
• EPS Growth: 9.22%
• Country: HK
• Employees: 8,960
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Infrastructure Operations
• EPS (TTM): 0.20
• Shares Outstanding: 2,443,735,600
• 10 Day Avg. Volume: 3,519,019
• 30 Day Avg. Volume: 5,452,332
• PEG Ratio: 0.12
• Price to Book (P/B): 0.54
• Price to Sales (P/S): 1.12
• P/FCF Ratio: -3.22
• 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: HK$8.47
• Price Target Upside: 7.34% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 63 Neutral
• Price Target: HK$8.50 ▲(7.73% Upside)

The overall stock score is driven primarily by a solid valuation with a low P/E ratio and high dividend yield, suggesting potential undervaluation and attractive income returns. However, financial performance concerns, particularly declining revenue and free cash flow, along with neutral technical indicators, moderate the overall score.

Shenzhen International Holdings Business Overview & Revenue Model

Company Description

Shenzhen International Holdings Limited (0152) is a Hong Kong-based investment holding company primarily engaged in the logistics and transportation infrastructure sector. The company operates through various segments, including toll roads, logistics parks, port operations, and other logistics services, facilitating efficient movement of goods and services across China and internationally.

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

Shenzhen International Holdings shows improvement in profitability metrics such as net profit margin and return on equity. However, the decline in revenue and free cash flow raises concerns about sustainable growth and liquidity. The balance sheet shows increased leverage, which could pose risks if not managed carefully.

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: Neutral
• Last Price: 7.89
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0152, the sentiment is Neutral. The current price of 7.89 is below the 20-day moving average (MA) of 8.13, below the 50-day MA of 8.06, and above the 200-day MA of 7.28, indicating a neutral trend. The MACD of -0.03 indicates Positive momentum. The RSI at 40.87 is Neutral, neither overbought nor oversold. The STOCH value of 17.24 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:0152.

Shenzhen International Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0177	81 Outperform	HK$64.55B	9.46	―	5.73%	25.33%	-1.45%
0995	75 Outperform	HK$23.93B	9.78	―	5.71%	5.50%	―
0107	73 Outperform	HK$17.31B	8.02	―	7.01%	-20.02%	42.97%
0548	71 Outperform	HK$24.86B	12.33	―	3.66%	4.99%	-45.04%
1052	70 Neutral	HK$7.66B	10.09	5.54%	5.46%	7.04%	7.64%
0152	63 Neutral	HK$19.28B	7.02	8.61%	7.58%	-22.68%	9.22%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

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.