Want to see HK:0604 full AI Analyst Report?
Top Page
Shenzhen Investment
(0604)
Select Model
Select Model
Rating:44Neutral
Price Target:
HK$0.46
â–¼(-36.67% Downside)
Action:Reiterated
Date:10/27/26
Overall score reflects weak technical conditions (price below all major moving averages, bearish MACD, very low RSI/Stoch) combined with only partial fundamental improvement: strong 2025 cash-flow recovery and revenue rebound are offset by wider losses and margin compression, with leverage still elevated. Valuation provides limited support due to negative P/E and no dividend yield data.
Positive Factors
Revenue rebound
The strong 2025 revenue recovery indicates renewed delivery, sales or recognition activity across the property portfolio. If sustained, a larger top line can improve operating scale, support project execution and provide a broader base from which earnings can recover.
Negative Factors
Widening net losses
Widening losses show that the revenue rebound has not yet translated into sustainable earnings. Continued negative profitability can erode equity, limit internally generated funding and reduce the company’s ability to absorb weaker property demand or project-level setbacks.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue rebound
The strong 2025 revenue recovery indicates renewed delivery, sales or recognition activity across the property portfolio. If sustained, a larger top line can improve operating scale, support project execution and provide a broader base from which earnings can recover.
Read all positive factors
Shenzhen Investment (0604) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$4.14B
Dividend Yield8.82%
Average Volume (3M)6.71M
Price to Earnings (P/E)―
Beta (1Y)1.11
Revenue Growth78.67%
EPS Growth-11.80%
CountryHK
Employees18,443
SectorGeneral
Sector StrengthN/A
IndustryReal Estate - Development
Share Statistics
EPS (TTM)-0.42
Shares Outstanding8,898,793,000
10 Day Avg. Volume8,544,261
30 Day Avg. Volume6,706,732
Financial Highlights & Ratios
PEG Ratio-0.01
Price to Book (P/B)0.20
Price to Sales (P/S)0.17
P/FCF Ratio0.88
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.07
Revenue Forecast (FY)HK$15.21B
Shenzhen Investment Business Overview & Revenue Model
Company Description
Shenzhen Investment Limited, an investment holding company, invests in, develops, and manages real estate properties in Mainland China. It operates through five segments: Property Development, Property Investment, Property Management, Manufacture,...
How the Company Makes Money
The company primarily makes money through (1) property development and sales: it develops residential and commercial projects and recognizes revenue largely from selling completed (or qualifying) properties to buyers, with earnings driven by contr...
Shenzhen Investment Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
46
Neutral
Cash Flow
62
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 40.21B | 40.36B | 15.57B | 15.83B | 31.54B | 32.05B |
| Gross Profit | 6.27B | 6.56B | 4.44B | 5.11B | 10.69B | 12.43B |
| EBITDA | 553.18M | 2.24B | 2.97B | 3.39B | 8.68B | 10.77B |
| Net Income | -3.73B | -4.37B | -1.82B | -261.40M | 2.09B | -2.72B |
Balance Sheet | ||||||
| Total Assets | 145.59B | 144.60B | 171.17B | 174.41B | 163.47B | 162.77B |
| Cash, Cash Equivalents and Short-Term Investments | 12.06B | 8.64B | 5.79B | 11.05B | 11.67B | 19.92B |
| Total Debt | 39.04B | 40.95B | 65.12B | 60.96B | 51.40B | 58.76B |
| Total Liabilities | 98.86B | 101.16B | 125.85B | 126.93B | 113.91B | 108.40B |
| Stockholders Equity | 36.32B | 35.64B | 38.55B | 42.34B | 44.63B | 49.17B |
Cash Flow | ||||||
| Free Cash Flow | 1.93B | 8.02B | -2.76B | 3.95B | -14.26B | -7.68B |
| Operating Cash Flow | 2.64B | 8.82B | -1.84B | 4.40B | -13.24B | -7.33B |
| Investing Cash Flow | -1.59B | -1.95B | -1.39B | 353.24M | 308.95M | 494.34M |
| Financing Cash Flow | -42.07M | -7.93B | -1.82B | -5.22B | 7.59B | 9.52B |
Shenzhen Investment Technical Analysis
Negative
0.72
Price Trends
0.62
Negative
0.65
Negative
0.73
Negative
Market Momentum
-0.04
Positive
14.80
Positive
6.87
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0604, the sentiment is Negative. The current price of 0.72 is above the 20-day moving average (MA) of 0.57, above the 50-day MA of 0.62, and below the 200-day MA of 0.73, indicating a bearish trend. The MACD of -0.04 indicates Positive momentum. The RSI at 14.80 is Positive, neither overbought nor oversold. The STOCH value of 6.87 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0604.
Shenzhen Investment Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | HK$4.48B | -4.43 | -3.56% | 6.55% | -65.47% | -149.64% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
54 Neutral | HK$15.77B | -11.58 | -14.82% | 1.66% | 76.41% | -1330.18% | |
51 Neutral | HK$5.77B | -6.42 | -2.27% | 1.64% | -16.52% | -406.41% | |
49 Neutral | HK$4.95B | 36.23 | 0.78% | 6.27% | -46.68% | 7.94% | |
44 Neutral | HK$4.14B | -1.11 | -10.38% | 8.82% | 78.67% | -11.80% | |
43 Neutral | HK$4.22B | -5.14 | -2.19% | 2.35% | 0.12% | -5006.82% |
* General Sector Average
HK:0604
Shenzhen Investment
0.47
-0.39
-45.93%
HK:0173
K Wah International Holdings
1.83
-0.40
-17.79%
HK:0034
Kowloon Development Co
3.79
0.19
5.42%
HK:0119
Poly Property Group Co
1.11
-0.72
-39.32%
HK:0028
Tian An China Investments Co
3.06
-1.34
-30.51%
HK:1396
Guangdong - Hong Kong Greater Bay Area Holdings Ltd.
9.96
3.84
62.75%
Shenzhen Investment Corporate Events
Shenzhen Investment Boosts Upper Hills Traffic with International Debut Brands and Cultural Events
Oct 19, 2026
Shenzhen Investment has reported third-quarter 2026 business progress centered on the commercial performance of its Upper Hills project in Shenzhen. The complex continued to expand its international brand mix, adding China’s first Coach Play...
Shenzhen Investment Tightens Loan Terms With New Shareholder-Loan Covenant
Sep 22, 2026
Shenzhen Investment has amended the terms of its HK$1.5 billion three-year term loan facility with a bank, adding a new event of default linked to the level of shareholder loans across the group. Under the revised agreement, the facility can be te...
Shenzhen Investment Restructures Connected Deals via Property Transfer and Ends Development Pact
Sep 4, 2026
Shenzhen Investment has arranged for its subsidiary Shenye Wansheng to transfer commercial and office properties to Zhongshan Wanye, settling RMB113.18 million of consideration owed by controlling shareholder Shum Yip Group for a 35.17% equity sta...
Shenzhen Investment Sets Up Sustainability Committee to Bolster ESG Oversight
Aug 27, 2026
Shenzhen Investment Limited has established a Sustainability Committee effective 27 August 2026 to strengthen oversight of its environmental, social and governance strategy. The new committee will guide corporate social responsibility initiatives,...
Shenzhen Investment Sets Up Board-Level Sustainability Committee
Aug 27, 2026
Shenzhen Investment has established a Sustainability Committee by resolution of its board on 27 August 2026, setting out formal terms of reference for the new governance body. The committee will have at least three members, including one independe...
Shenzhen Investment Reshapes Board Roles and Governance Committees
Aug 27, 2026
Shenzhen Investment Limited has updated its board composition and clarified the roles and functions of its directors, naming Mr. Wang Yuwen as chairman alongside three other executive directors and three independent non-executive directors. The co...
Shenzhen Investment Swings to Heavy Interim Loss Despite Flat Revenue
Aug 27, 2026
Shenzhen Investment Limited is a Hong Kong-incorporated property group engaged in real estate investment, development and asset management, with a focus on mainland China’s residential and commercial markets. Its fortunes are closely linked ...
Shenzhen Investment Flags Narrowed Interim Loss Despite Margin Pressure
Aug 17, 2026
Shenzhen Investment Limited has warned that it expects to report an unaudited consolidated net loss attributable to equity shareholders of between HK$1.9 billion and HK$2.1 billion for the six months ended 30 June 2026, narrowing from a loss of ab...
Shenzhen Investment Sets Board Meeting to Approve 2026 Interim Results
Aug 13, 2026
Shenzhen Investment Limited has scheduled a board meeting for 27 August 2026 to review and approve the interim results of the company and its subsidiaries for the six months ended 30 June 2026, and to authorize their publication. The board will al...
Shenzhen Investment Ties New Loan Covenants to State Ownership and Shareholder Support
Jul 31, 2026
Shenzhen Investment Limited has entered into a new HK$400 million term loan facility with a bank, maturing in up to three years, which includes default triggers tied to the continued majority ownership and control of the company by Shum Yip and, i...
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.