Shenzhen Expressway Corp (600548.SS) Stock Price

Shenzhen Expressway Corp Price

🇨🇳SSE·CLOSED
8.65CNY
Market closed
Today +/-
Today %

Shenzhen Expressway Corp (600548.SS) Stock | ISIN CNE0000019G9. The current Shenzhen Expressway Corp stock price is 8.65 CNY (2026). Revenue is 13.38 B CNY. Net income is 1.5 B CNY. The P/E ratio is 12.59. Market capitalization is 18.88 B CNY. Shenzhen Expressway Corp operates in the Industry sector.

Revenue has compounded at 13% per year over the past 19 years to 9.25 B CNY. Earnings per share have grown at 3.7% per year over the last 19 years. Shenzhen Expressway Corp's net margin stands at 10.4%, down from 25.4% several years earlier. Shenzhen Expressway Corp currently offers a dividend yield of about 6.36%. The payout ratio is around 56% of earnings. The dividend has grown at 8.8% per year over the past 19 years.

Shenzhen Expressway Corp stock price

Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Shenzhen Expressway Corp over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Shenzhen Expressway Corp stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Shenzhen Expressway Corp's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Shenzhen Expressway Corp Stock Price History
DateShenzhen Expressway Corp Price
Access this data via the Eulerpool API

Shenzhen Expressway Corp Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2005
911.5 M CNY
670.5 M CNY
485 M CNY
Jan 1, 2006
769.3 M CNY
477.5 M CNY
578.8 M CNY
Jan 1, 2007
1.1 B CNY
629.3 M CNY
606.3 M CNY
Jan 1, 2008
1.06 B CNY
500.8 M CNY
503.2 M CNY
Jan 1, 2009
1.44 B CNY
591.2 M CNY
540.2 M CNY
Jan 1, 2010
2.77 B CNY
1.24 B CNY
745.8 M CNY
Jan 1, 2011
2.95 B CNY
1.52 B CNY
875.1 M CNY
Jan 1, 2012
3.13 B CNY
1.39 B CNY
684.5 M CNY
Jan 1, 2013
3.28 B CNY
1.52 B CNY
719.7 M CNY
Jan 1, 2014
3.62 B CNY
1.68 B CNY
2.19 B CNY
Jan 1, 2015
3.42 B CNY
1.47 B CNY
1.55 B CNY
Jan 1, 2016
4.53 B CNY
1.8 B CNY
1.17 B CNY
Jan 1, 2017
5.21 B CNY
2.27 B CNY
1.38 B CNY
Jan 1, 2018
5.81 B CNY
2.66 B CNY
3.44 B CNY
Jan 1, 2019
6.39 B CNY
2.4 B CNY
2.56 B CNY

Shenzhen Expressway Corp Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jun 16, 2026, 6:13 AM
 
REVENUE (B CNY)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (B CNY)
NET INCOME (B CNY)
NET INCOME GROWTH (%)
DIV. (CNY)
DIV. GROWTH (%)
SHARES (B)
DOCUMENTS
202020212022202320242025e2026e2027e
8.0310.879.379.39.2512.3313.3813.9
25.635.45-13.79-0.82-0.5433.348.523.92
35.0434.8131.1134.5529.8122.3620.619.83
2.813.782.923.212.762.762.762.76
2.042.421.712.140.961.411.51.34
-20.4418.58-29.4325.37-55.0546.576.24-10.28
0.520.430.620.460.550.240.40.36
48.57-17.3144.19-25.8119.57-56.3666.67-10
2.182.182.032.182.182.182.182.18
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Shenzhen Expressway Corp generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Shenzhen Expressway Corp retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Shenzhen Expressway Corp's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Shenzhen Expressway Corp has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Shenzhen Expressway Corp's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Shenzhen Expressway Corp stock margins

The Shenzhen Expressway Corp margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Shenzhen Expressway Corp. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Shenzhen Expressway Corp.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2005
73.51 %
73.56 %
53.21 %
Jan 1, 2006
69.5 %
62.07 %
75.24 %
Jan 1, 2007
63.11 %
57.03 %
54.94 %
Jan 1, 2008
54.65 %
47.11 %
47.33 %
Jan 1, 2009
47.67 %
41.01 %
37.47 %
Jan 1, 2010
49.06 %
44.95 %
26.97 %
Jan 1, 2011
56.37 %
51.51 %
29.65 %
Jan 1, 2012
48.21 %
44.37 %
21.84 %
Jan 1, 2013
53.46 %
46.47 %
21.95 %
Jan 1, 2014
52.9 %
46.49 %
60.4 %
Jan 1, 2015
50.92 %
42.86 %
45.39 %
Jan 1, 2016
44.11 %
39.61 %
25.8 %
Jan 1, 2017
47.76 %
43.64 %
26.56 %
Jan 1, 2018
50.78 %
45.85 %
59.24 %
Jan 1, 2019
43.89 %
37.5 %
40.13 %

Shenzhen Expressway Corp Stock Revenue, EBIT, Earnings per Share

The Shenzhen Expressway Corp earnings per share therefore indicates how much revenue Shenzhen Expressway Corp has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2005
0.42 CNY
0.31 CNY
0.22 CNY
Jan 1, 2006
0.35 CNY
0.22 CNY
0.27 CNY
Jan 1, 2007
0.51 CNY
0.29 CNY
0.28 CNY
Jan 1, 2008
0.49 CNY
0.23 CNY
0.23 CNY
Jan 1, 2009
0.66 CNY
0.27 CNY
0.25 CNY
Jan 1, 2010
1.27 CNY
0.57 CNY
0.34 CNY
Jan 1, 2011
1.35 CNY
0.7 CNY
0.4 CNY
Jan 1, 2012
1.44 CNY
0.64 CNY
0.31 CNY
Jan 1, 2013
1.5 CNY
0.7 CNY
0.33 CNY
Jan 1, 2014
1.66 CNY
0.77 CNY
1 CNY
Jan 1, 2015
1.57 CNY
0.67 CNY
0.71 CNY
Jan 1, 2016
2.08 CNY
0.82 CNY
0.54 CNY
Jan 1, 2017
2.39 CNY
1.04 CNY
0.63 CNY
Jan 1, 2018
2.66 CNY
1.22 CNY
1.58 CNY
Jan 1, 2019
2.93 CNY
1.1 CNY
1.18 CNY

Shenzhen Expressway Corp business model & stock analysis

Shenzhen Expressway Co Ltd is a Chinese company specializing in the construction, development, operation, and management of highways and other transportation infrastructure. The company was founded in 1996 and has been listed on the Hong Kong Stock Exchange since 1997. Answer: Shenzhen Expressway Co Ltd is a Chinese company specializing in the construction, development, operation, and management of highways and other transportation infrastructure.

Shenzhen Expressway Corp SWOT Analysis

Strengths

Shenzhen Expressway Co Ltd possesses several strengths that contribute to its success:

  • Strong market presence as a leading toll road operator in China.
  • Extensive network of toll roads in key economic regions of China.
  • Well-established reputation for high-quality road infrastructure.
  • Ability to generate consistent and stable revenue through toll collection.
  • Experience and expertise in managing and maintaining toll road operations.
  • Strategic partnerships with government authorities and other industry players.

Weaknesses

Despite its strengths, Shenzhen Expressway Co Ltd also faces some weaknesses:

  • Dependency on toll collection for revenue, making it vulnerable to economic downturns.
  • Reliance on government policies and regulations for toll road operations and pricing.
  • Potential for increased competition from other toll road operators in the future.
  • Limited diversification in revenue sources, lacking in supplementary services.

Opportunities

Shenzhen Expressway Co Ltd can explore the following opportunities:

  • Expansion into new regions or countries with potential demand for toll road infrastructure.
  • Diversification of revenue by offering supplementary services such as rest areas, fuel stations, etc.
  • Exploration of strategic partnerships with technology companies to enhance toll collection systems.
  • Development of innovative solutions for traffic management and congestion reduction.
  • Adoption of sustainable practices and participation in environmental initiatives.

Threats

Shenzhen Expressway Co Ltd should be aware of the following threats:

  • Economic downturns or recessions may impact vehicle traffic and toll collection.
  • Changes in government policies and regulations can affect toll road operations and pricing.
  • Competition from other toll road operators for market share and revenue.
  • Emerging technology disrupting traditional toll collection methods and business models.
  • Public criticism and opposition to toll road developments due to environmental or social concerns.

Shenzhen Expressway Corp Eulerpool Fair Value

Shenzhen Expressway Corp historical P/E ratio, EBIT multiple, and P/S ratio

Shenzhen Expressway Corp annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Shenzhen Expressway Corp shares outstanding

The number of shares was Shenzhen Expressway Corp in 2025 — This indicates how many shares 2.182 B is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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Number of stocks
Details
Date
Number of stocks
Jan 1, 2005
2.18 B base_Shares
Jan 1, 2006
2.18 B base_Shares
Jan 1, 2007
2.18 B base_Shares
Jan 1, 2008
2.18 B base_Shares
Jan 1, 2009
2.18 B base_Shares
Jan 1, 2010
2.18 B base_Shares
Jan 1, 2011
2.18 B base_Shares
Jan 1, 2012
2.18 B base_Shares
Jan 1, 2013
2.18 B base_Shares
Jan 1, 2014
2.18 B base_Shares
Jan 1, 2015
2.18 B base_Shares
Jan 1, 2016
2.18 B base_Shares
Jan 1, 2017
2.18 B base_Shares
Jan 1, 2018
2.18 B base_Shares
Jan 1, 2019
2.18 B base_Shares

Shenzhen Expressway Corp Dividend History

24 years of dividend payments

YearAnnual DividendYoY ChangePayments
20250.24CNY 55.6%
Jul 15, 20250.24CNY 55.6%1/1
20240.55CNY 19.0%
20230.46CNY 25.5%
20220.62CNY 44.2%
20210.43CNY 17.3%
20200.52CNY 48.6%
20190.35CNY 16.7%
20180.3CNY 36.4%
20170.22CNY 35.3%
20160.34CNY 24.4%

Shenzhen Expressway Corp dividend history and estimates

In 2025, Shenzhen Expressway Corp paid a dividend amounting to 0.24 CNY. Dividend means that Shenzhen Expressway Corp distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
Special dividend
Details
Date
Dividend
Dividend (Estimate)
Special dividend
Jan 1, 2005
0.11 CNY
0 CNY
0 CNY
Jan 1, 2006
0.12 CNY
0 CNY
0 CNY
Jan 1, 2007
0.13 CNY
0 CNY
0 CNY
Jan 1, 2008
0.16 CNY
0 CNY
0 CNY
Jan 1, 2009
0.12 CNY
0 CNY
0 CNY
Jan 1, 2010
0.12 CNY
0 CNY
0 CNY
Invalid Date
0.16 CNY
0.16 CNY
0 CNY
Invalid Date
0.16 CNY
0.16 CNY
0 CNY
Invalid Date
0.13 CNY
0.13 CNY
0 CNY
Invalid Date
0.16 CNY
0.16 CNY
0 CNY
Invalid Date
0.45 CNY
0.45 CNY
0 CNY
Invalid Date
0.34 CNY
0.34 CNY
0 CNY
Jan 1, 2017
0.22 CNY
0 CNY
0 CNY
Jan 1, 2018
0.3 CNY
0 CNY
0 CNY
Invalid Date
0 CNY
0.35 CNY
0.35 CNY

Shenzhen Expressway Corp dividend payout ratio

In 2025, Shenzhen Expressway Corp had a payout ratio of 62.03%. The payout ratio indicates the percentage of the company's profits that Shenzhen Expressway Corp distributes as dividends.
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Payout ratio
Details
Date
Payout ratio
Jan 1, 2005
50 %
Jan 1, 2006
44.44 %
Jan 1, 2007
46.43 %
Jan 1, 2008
69.57 %
Jan 1, 2009
48 %
Jan 1, 2010
35.29 %
Jan 1, 2011
40 %
Jan 1, 2012
51.61 %
Jan 1, 2013
39.39 %
Jan 1, 2014
16 %
Jan 1, 2015
63.38 %
Jan 1, 2016
62.96 %
Jan 1, 2017
34.92 %
Jan 1, 2018
18.99 %
Jan 1, 2019
29.66 %
Price targets and forecasts for Shenzhen Expressway Corp are not yet available.

Shenzhen Expressway Corp Earnings Estimates

Shenzhen Expressway Corp Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
10/28/20100.08CNY1.01 BCNY2010 Q3
8/23/20100.08CNY-CNY2010 Q2
4/28/20100.07CNY-CNY2010 Q1

EESG©

Eulerpool ESG Scorecard© for the Shenzhen Expressway Corp stock

79/100
99
Environment
74
Social
64
Governance
E

Environment

20
Scope 1 - Direct Emissions4,040
Scope 2 - Indirect emissions from purchased energy62,854
Scope 3 - Indirect emissions within the value chain131
Total CO₂ emissions66,894
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees38.916
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Shenzhen Expressway Corp shareholder structure

% Name
33.48545%
Xing Tong Chan Industrial Development (Shenzhen) Co., Ltd.
Xing Tong Chan Industrial Development (Shenzhen) Co., Ltd.
18.85552%
Shenzhen Shen Guang Hui Highway Development Co., Ltd.
Shenzhen Shen Guang Hui Highway Development Co., Ltd.
11.13462%
Jiangsu YunShan Capital Management Co., Ltd.
Jiangsu YunShan Capital Management Co., Ltd.
4.17441%
China Merchants Expressway Network Technology Holdings Co., Ltd.
China Merchants Expressway Network Technology Holdings Co., Ltd.
1.78107%
Guangdong Road & Bridge Construction Development Company Ltd.
Guangdong Road & Bridge Construction Development Company Ltd.
1.7496%
Anhui Expressway Company Limited
Anhui Expressway Company Limited
1.58688%
Huatai-PineBridge Fund Management Co., Ltd.
Huatai-PineBridge Fund Management Co., Ltd.
0.47852%
Zhang (Pingying)
Zhang (Pingying)
0.18307%
Fullgoal Fund Management Co., Ltd.
Fullgoal Fund Management Co., Ltd.
0.15223%
China Southern Asset Management Co. Ltd.
China Southern Asset Management Co. Ltd.
...

Shenzhen Expressway Corp Executives and Management Board

XL

Mr. Xiang Wen Liao

(56)

President, Executive Director · since 2009

Compensation1.41 M CNY
BH

Ms. Bi Nan Huang

(53)

Vice President

Compensation1.29 M CNY
DW

Mr. De Liang Wen

(42)

Vice President

Compensation1.27 M CNY
MD

Mr. Meng Du

(50)

Vice President

Compensation1.27 M CNY
GZ

Ms. Gui Ping Zhao

(51)

Chief Accounting Officer, Secretary of the Board, Joint Company Secretary

Compensation1.27 M CNY

Shenzhen Expressway Corp Supply Chain

Frequently asked questions about Shenzhen Expressway Corp

The business model of Shenzhen Expressway Co Ltd focuses on the operation, management, and development of expressways and related infrastructure facilities. As a leading expressway company in the industry, Shenzhen Expressway Co Ltd primarily engages in toll collection, maintenance, and construction of expressways in China. The company operates and manages a vast network of expressways, including bridges, tunnels, and service areas, ensuring efficient transportation services for commuters and freight vehicles. Shenzhen Expressway Co Ltd's business model emphasizes the provision of high-quality and safe expressway services, contributing to the economic development and connectivity of regions it serves.

All fundamentals and in-depth analysis of Shenzhen Expressway Corp

Our stock analysis for Shenzhen Expressway Corp Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Shenzhen Expressway Corp Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.