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Shenzhen Expressway Co (0548) AI Stock Analysis
Shenzhen Expressway Co
(HKEX:0548)
The score is primarily constrained by declining revenue, weak cash-flow momentum, modest capital efficiency, and bearish technical positioning. Reasonable valuation and a strong dividend yield provide support, but they do not fully offset the financial and momentum risks.
Shenzhen Expressway Co (0548) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 3.11B
- Dividend Yield
- 4.23%
- Average Volume (3M)
- 707.77K
- Price to Earnings (P/E)
- 17.7
- Beta (1Y)
- 0.16
- Revenue Growth
- -0.39%
- EPS Growth
- 9.97%
- Country
- Hong Kong
- Employees
- 6,955
- Sector
- Industrials
- Sector Strength
- 63
- Industry
- Industrial - Infrastructure Operations
Shenzhen Expressway Co Business Overview & Revenue Model
Company Description
Shenzhen Expressway Corporation Limited, together with its subsidiaries, primarily invests in, constructs, operates, and manages toll highways and roads, as well as other urban and transportation infrastructure in the People's Republic of China. It o...
Shenzhen Expressway Co Financial Statement Overview
Summary
Solid operating margins, positive cash flow, and improved leverage are offset by declining revenue, weaker profitability than in earlier years, low return on equity, and falling free cash flow.
Income Statement
62PositiveBalance Sheet
58NeutralCash Flow
55Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 8.94B | 9.26B | 9.25B | 9.30B | 9.37B | 10.87B |
| Gross Profit | 2.62B | 2.71B | 2.92B | 3.35B | 3.02B | 3.79B |
| EBITDA | 3.49B | 4.55B | 4.05B | 5.55B | 4.75B | 5.22B |
| Net Income | 1.23B | 1.15B | 1.15B | 2.33B | 2.02B | 2.61B |
Balance Sheet | ||||||
| Total Assets | 68.93B | 71.47B | 67.56B | 67.51B | 69.20B | 60.61B |
| Cash, Cash Equivalents and Short-Term Investments | 7.11B | 8.18B | 3.04B | 2.62B | 4.75B | 4.41B |
| Total Debt | 26.24B | 36.43B | 26.70B | 27.88B | 31.17B | 20.71B |
| Total Liabilities | 36.52B | 43.18B | 40.36B | 39.51B | 41.84B | 32.84B |
| Stockholders Equity | 27.59B | 23.04B | 21.90B | 22.36B | 21.35B | 24.64B |
Cash Flow | ||||||
| Free Cash Flow | 2.77B | 2.01B | 1.66B | 2.00B | 1.28B | 143.13M |
| Operating Cash Flow | 4.70B | 5.20B | 3.72B | 4.09B | 3.37B | 3.94B |
| Investing Cash Flow | -2.26B | -5.39B | -36.15M | -923.61M | -3.44B | -5.13B |
| Financing Cash Flow | -3.24B | 2.22B | -2.81B | -4.41B | -2.34B | 1.67B |
Shenzhen Expressway Co Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0548, the sentiment is Positive. The current price of 6.63 is above the 20-day moving average (MA) of 6.48, above the 50-day MA of 6.57, and below the 200-day MA of 6.79, indicating a neutral trend. The MACD of -0.03 indicates Negative momentum. The RSI at 55.76 is Neutral, neither overbought nor oversold. The STOCH value of 57.43 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0548.
Shenzhen Expressway Co Peers Comparison
Overall Rating
HK:099577Outperform
HK:017762Neutral
HK:178562Neutral
HK:010760Neutral
HK:157659Neutral- HK:054856Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:0995 | 77Outperform | HKD 34.68B | 15.81 | 16.49% | 4.54% | -17.37% | 6.37% |
| Sector * | 63Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
| HK:0177 | 62Neutral | HKD 75.88B | 15.03 | 10.81% | 5.00% | 7.60% | 4.14% |
| HK:1785 | 62Neutral | HKD 3.25B | 5.11 | 10.80% | 7.12% | 1.69% | 15.41% |
| HK:0107 | 60Neutral | HKD 20.88B | 12.80 | 7.99% | 6.94% | 7.83% | -2.71% |
| HK:1576 | 59Neutral | HKD 3.34B | 7.66 | 7.21% | 8.26% | -52.79% | -10.61% |
| HK:0548 | 56Neutral | HKD 22.85B | 17.67 | 5.07% | 4.23% | -0.39% | 9.97% |
* Industrials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:0548 | Shenzhen Expressway Co Class H | 6.63 | -0.41 | -5.87% | |
| HK:0995 | Anhui Expressway Company Class H | 16.71 | 4.33 | 34.93% | |
| HK:0177 | Jiangsu Expressway Co Class H | 11.19 | 2.05 | 22.46% | |
| HK:0107 | Sichuan Expressway Co Class H | 4.90 | -0.11 | -2.29% | |
| HK:1576 | Qilu Expressway Co., Ltd. Class H | 1.67 | 0.02 | 1.15% | |
| HK:1785 | Chengdu Expressway Co., Ltd. Class H | 1.96 | 0.08 | 4.14% |
Shenzhen Expressway Co Corporate Events
Shenzhen Expressway Boosts Q3 Profit Despite Softer Revenue and Operating Cash Flow
Shenzhen Expressway reported third-quarter 2026 revenue of RMB 2.12 billion, down slightly year-on-year, while net profit attributable to shareholders surged 24% to RMB 632.9 million, supported by non-recurring gains and improved profitability. For t...
Shenzhen Expressway Shareholders Approve Governance Changes and Director Fee Adjustment
Shenzhen Expressway Corporation Limited has reported that all resolutions proposed at its second extraordinary general meeting of 2026, as well as separate class meetings for A share and H share holders, were duly passed. The meetings, held in Shenzh...
Shenzhen Expressway Sets Out Board Line-Up and Governance Structure
Shenzhen Expressway Corporation Limited has announced the current composition of its board of directors, confirming a structure that includes executive, non-executive, and independent non-executive directors. The board is chaired by executive directo...
Shenzhen Expressway Sets Board Meeting to Approve Third-Quarter Results
Shenzhen Expressway Corporation Limited has scheduled a board meeting for 28 October 2026 to review and approve its unaudited third-quarter results for the three months ended 30 September 2026. The financial statements will be prepared in accordance...
Shenzhen Expressway Names Yao Hai Employee Representative Director
Shenzhen Expressway Corporation Limited has elected current executive director and deputy Party Committee secretary Mr. Yao Hai as the employee representative director for the tenth session of its board, following a meeting of employee representative...
Shenzhen Expressway Calls October EGM to Revise Governance and Elect New Board
Shenzhen Expressway Corporation Limited has called its Second Extraordinary General Meeting for 28 October 2026 in Shenzhen, where shareholders will vote on several governance-related matters. The agenda includes proposed amendments to the Articles o...
Shenzhen Expressway Calls 2026 A-Shareholders Meeting to Revise Governance Rules
Shenzhen Expressway Corporation Limited, a major operator of toll roads and transport infrastructure in Shenzhen and the wider Guangdong region, conducts its business through a listed joint stock structure under Hong Kong stock code 00548. The compan...
Shenzhen Expressway Calls 2026 H Shareholders’ Class Meeting to Amend Governance Rules
Shenzhen Expressway Corporation Limited has called the First Class Meeting 2026 of holders of H shares to be held in Shenzhen on 28 October 2026, immediately after the corresponding meeting of A share holders. The session will consider special resolu...
Shenzhen Expressway Posts Unaudited August Toll Revenue, Issues Data Caution
Shenzhen Expressway Corporation Limited reported unaudited toll revenue figures for August 2026 across its network of expressways in Guangdong and other provinces, highlighting significant contributions from major projects such as the Coastal Project...
Shenzhen Expressway Sets October Date and Register Closure for H-Share Meetings
Shenzhen Expressway Corporation Limited is a PRC-based expressway infrastructure operator listed in Hong Kong, where its H shares trade under stock code 00548 and are widely held by international investors through the city’s capital markets. Th...
Shenzhen Expressway Overhauls Governance Rules, Merging A and H Share Classes
Shenzhen Expressway Corporation Limited plans to amend its articles of association and the rules of procedures for shareholders’ meetings to align with updated PRC company law, regulatory measures on overseas listings, and the latest guidelines...
Shenzhen Expressway Proposes New Board Line-up for Tenth Session
Shenzhen Expressway Corporation Limited has nominated a slate of candidates for the tenth session of its board, including eight non-independent directors and four independent non-executive directors, to be submitted to shareholders for approval at an...
Shenzhen Expressway Clarifies Board and Committee Structure
Shenzhen Expressway Corporation Limited has announced the current composition of its board of directors, led by Chairman Liu Zheng Yu and President Liao Xiang Wen, along with executive, non-executive and independent non-executive members. The disclos...
Shenzhen Expressway Shareholders Approve New Chairman in Leadership Shake-Up
Shenzhen Expressway Corporation Limited, a PRC-based expressway operator listed on both A and H share markets in Hong Kong, manages highway and related infrastructure assets serving the Shenzhen region and beyond. The company adheres to Hong Kong Lis...
Shenzhen Expressway posts provisional July 2026 toll revenue data
Shenzhen Expressway Corporation Limited reported unaudited toll revenue figures for July 2026 across its expressway portfolio, highlighting key assets in the Shenzhen region such as the Outer Ring and Coastal projects, as well as major routes in othe...
Shenzhen Expressway Calls EGM to Elect New Board Director in 2026
Shenzhen Expressway Corporation Limited has called its first extraordinary general meeting of 2026 for 17 September in Shenzhen, where shareholders will vote on appointing Liu Zheng Yu as a director for the remainder of the board’s ninth sessio...
Shenzhen Expressway Sets September Date for First Extraordinary General Meeting 2026
Shenzhen Expressway Corporation Limited will convene its First Extraordinary General Meeting 2026 on 17 September 2026, with a circular to be dispatched to shareholders around 2 September 2026. The meeting will allow eligible shareholders of H shares...
Shenzhen Expressway Posts Lower Interim Profit as Investment Losses and Toll Expiry Bite
Shenzhen Expressway reported interim 2026 revenue of RMB3.65 billion, down 6.78% year on year, with gross margin slipping slightly to 36.41% and net profit attributable to shareholders falling 4.28% to RMB918.85 million. The decline was driven mainly...
Shenzhen Expressway sets late-August schedule for 2026 interim results briefings
Shenzhen Expressway Corporation Limited will hold its 2026 interim results presentations in late August, offering both onsite and online access to investors in Shenzhen and onsite access in Hong Kong. Management and an independent non-executive direc...
Shenzhen Expressway Schedules Board Meeting to Approve 2026 Interim Results
Shenzhen Expressway Corporation Limited has announced that its board of directors will convene a meeting on 25 August 2026 to review and approve the unaudited interim results for the six months ended 30 June 2026, alongside any other business matters...
Shenzhen Expressway Raises RMB1 Billion via Low-Cost Medium-Term Notes
Shenzhen Expressway Corporation Limited has issued its 2026 Phase III medium-term notes in China’s interbank market, raising RMB1 billion through a three-year instrument maturing on 10 August 2029. The notes carry an interest rate of 1.58%, are...
Shenzhen Expressway Posts Unaudited June Toll Revenue, Ends Shuiguan Extension Tolling
Shenzhen Expressway reported unaudited toll revenue for June 2026 across its expressway portfolio, highlighting major contributions from the Jihe East, Jihe West, Coastal and Outer Ring projects in Shenzhen, as well as significant revenue from the GS...
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.
Date of analysis: Oct 29, 2026