Want to see HK:0152 full AI Analyst Report?
Top Page
Shenzhen International Holdings
(0152)
Select Model
Select Model
Rating:55Neutral
Price Target:
HK$5.00
â–¼(-0.79% Downside)
Action:Reiterated
Date:08/06/26
The score is held back primarily by financial performance risks—especially persistently negative free cash flow alongside rising leverage—and a weak-to-neutral technical setup. These are partly offset by an attractive valuation profile (low P/E and high dividend yield).
Positive Factors
Recurring infrastructure and logistics platform
The company combines recurring toll-road income with logistics parks and services, creating diversified exposure to essential transport infrastructure and logistics demand across China.
Negative Factors
Rising leverage
Higher debt and elevated leverage increase refinancing and interest burdens, reducing financial flexibility and making shareholder returns more sensitive to operating performance and funding conditions.
Read all positive and negative factors
Positive Factors
Negative Factors
Recurring infrastructure and logistics platform
The company combines recurring toll-road income with logistics parks and services, creating diversified exposure to essential transport infrastructure and logistics demand across China.
Read all positive factors
Shenzhen International Holdings (0152) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$12.82B
Dividend Yield8.61%
Average Volume (3M)5.79M
Price to Earnings (P/E)8.3
Beta (1Y)0.67
Revenue Growth14.56%
EPS Growth-44.01%
CountryHK
Employees8,740
SectorIndustrials
Sector Strength72
IndustryIndustrial - Infrastructure Operations
Share Statistics
EPS (TTM)0.92
Shares Outstanding2,451,065,700
10 Day Avg. Volume6,582,852
30 Day Avg. Volume5,793,142
Financial Highlights & Ratios
PEG Ratio-0.40
Price to Book (P/B)0.59
Price to Sales (P/S)1.29
P/FCF Ratio-3.84
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$6.72Price Target Upside33.40% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)0.89
Revenue Forecast (FY)HK$18.66B
Shenzhen International Holdings Business Overview & Revenue Model
Company Description
Shenzhen International Holdings Limited operates as an investment holding company, primarily focusing on the investment, construction, and management of logistics infrastructure across the People's Republic of China. Its operations are broadly div...
How the Company Makes Money
The company makes money primarily through (1) toll road operations and related infrastructure income and (2) logistics and logistics-park-related businesses.
1) Toll road and infrastructure income: Shenzhen International invests in and operates t...
Shenzhen International Holdings Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
48
Neutral
Cash Flow
34
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 16.35B | 15.57B | 20.52B | 15.53B | 18.54B |
| Gross Profit | 3.44B | 3.56B | 7.55B | 4.15B | 5.57B |
| EBITDA | 9.27B | 5.10B | 9.42B | 9.54B | 13.22B |
| Net Income | 2.25B | 2.87B | 1.90B | 1.35B | 3.67B |
Balance Sheet | |||||
| Total Assets | 152.33B | 136.00B | 130.49B | 133.49B | 123.71B |
| Cash, Cash Equivalents and Short-Term Investments | 13.05B | 9.98B | 9.78B | 16.86B | 12.03B |
| Total Debt | 70.99B | 61.38B | 56.35B | 57.21B | 54.97B |
| Total Liabilities | 89.69B | 81.47B | 75.52B | 78.30B | 60.66B |
| Stockholders Equity | 35.58B | 32.50B | 31.58B | 31.25B | 41.20B |
Cash Flow | |||||
| Free Cash Flow | -5.50B | -5.41B | -4.49B | 2.90B | -4.41B |
| Operating Cash Flow | 4.51B | 4.38B | 5.55B | 10.13B | 3.67B |
| Investing Cash Flow | -11.13B | -5.64B | -6.47B | -7.84B | -8.15B |
| Financing Cash Flow | 6.74B | 2.71B | -2.05B | -444.80M | 8.30B |
Shenzhen International Holdings Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | HK$32.16B | 14.61 | 15.04% | 4.70% | -17.37% | 6.37% | |
64 Neutral | HK$67.46B | 13.35 | 11.22% | 5.65% | -7.89% | 4.70% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
63 Neutral | HK$22.73B | 19.70 | 4.77% | 4.16% | -1.39% | -16.72% | |
61 Neutral | HK$5.81B | 9.32 | 4.55% | 7.20% | 9.30% | -17.27% | |
60 Neutral | HK$18.92B | 11.68 | 7.89% | 7.08% | 7.83% | -5.65% | |
55 Neutral | HK$12.82B | 8.31 | 4.33% | 8.61% | 14.56% | -44.01% |
* Industrials Sector Average
HK:0152
Shenzhen International Holdings
5.34
-2.52
-32.05%
HK:0995
Anhui Expressway Company
16.16
5.41
50.31%
HK:1052
Yuexiu Transport Infrastructure
3.47
-0.54
-13.55%
HK:0177
Jiangsu Expressway Co
9.91
1.15
13.14%
HK:0107
Sichuan Expressway Co
4.81
0.49
11.28%
HK:0548
Shenzhen Expressway Co
6.75
-0.30
-4.24%
Shenzhen International Holdings Corporate Events
Shenzhen International Subsidiary Posts 2026 Interim Results Preview
Aug 25, 2026
Shenzhen International Holdings has announced that its subsidiary, Shenzhen Expressway Corporation Limited, has released a preliminary announcement of its 2026 interim results, ahead of the full interim report to be published on the Shanghai and H...
Shenzhen International Awards RMB683 Million Contract for South China Project Phase 1
Aug 25, 2026
Shenzhen International Holdings, via wholly owned unit Longshen International, has awarded a major construction contract to China Construction No. 8 for Phase 1 of the Reserved Land in its South China Transformation Project. The project covers a t...
Shenzhen International Sets Board Date to Approve 2026 Interim Results
Aug 18, 2026
Shenzhen International Holdings has scheduled a board meeting for 28 August 2026 to review and approve its unaudited interim results for the six months ended 30 June 2026. The announcement signals that the company is moving toward the release of m...
Shenzhen International Expects Interim Loss on Property Revaluations and Associate Downturn
Aug 7, 2026
Shenzhen International Holdings has warned investors that it expects to post a loss attributable to shareholders of HK$190 million to HK$240 million for the six months ended 30 June 2026, reversing from a profit of about HK$490 million a year earl...
Shenzhen International Overhauls Board Committees With New Independent Director
Jul 30, 2026
Shenzhen International Holdings has refreshed its board’s independent oversight with the appointment of Dr. Cheng Chuange as an independent non-executive director, chairman of the nomination committee and member of the audit committee, effec...
Shenzhen International Reshapes Board and Governance Structure
Jul 30, 2026
Shenzhen International Holdings Limited is a Bermudaincorporated, Hong Konglisted infrastructure group focused on logistics, transportation and related urban projects in mainland China and the Greater Bay Area. Its business is directed by a board ...
Shenzhen International Updates Bermuda Registered Office and Share Registrar Address
Jul 29, 2026
Shenzhen International Holdings Limited is a Bermuda-incorporated company listed in Hong Kong, operating as an investment holding vehicle with interests typically spanning infrastructure and related services. Its shares are traded under stock code...
Shenzhen International Raises RMB1 Billion in Third Tranche of 2026 Medium-Term Notes
Jul 20, 2026
Shenzhen International Holdings Limited has completed the issuance of its 2026 Medium-term Notes Tranche 3, raising RMB1,000 million with a five-year term and a coupon rate of 1.72%. This new tranche forms part of a broader RMB10,000 million debt ...
Shenzhen International Subsidiary Places RMB800 Million in Jiangsu Bank Structured Deposits
Jul 17, 2026
Shenzhen Expressway, a 47.30% subsidiary of Shenzhen International Holdings, has subscribed to two principal-guaranteed structured deposit products issued by Jiangsu Bank, each with a value of RMB400 million. The first product, subscribed on 31 Ma...
Shenzhen International Raises RMB2 Billion via Second 2026 Medium-term Note Tranche
Jul 6, 2026
Shenzhen International Holdings has completed the issuance of its 2026 Medium-term Notes Tranche 2, raising RMB2,000 million in the onshore Chinese bond market. The notes carry a 1.53% coupon and a three-year term, adding to earlier tranches issue...
Shenzhen International’s Stake in Shenzhen Airlines Halves as Air China Takes Control
Jun 5, 2026
Shenzhen International Holdings has outlined the second stage of a RMB16 billion phased capital injection into its associate Shenzhen Airlines, confirming it will again abstain from contributing new capital. Under the planned transaction, Air Chin...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.