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Shandong Hi-Speed Group subsidiary building and operating toll expressways and bridges in Shandong province.
Shandong Hi-Speed Group subsidiary building and operating toll expressways and bridges in Shandong province.
Construction contracts are tendered and booked as the work progresses, while toll revenue on its expressways recurs and depends on traffic and government-set toll rates.
In one line: A regional toll-road builder/operator like a Chinese Transurban.
Moat: narrow (regulatory licence, installed base). Government-granted toll concessions on established expressway routes.
Headquarters: Jinan, Shandong, China · Employees: 30,033
Size Shandong Hi-speed Road&bridge (000498.SZ) is a China Industrials company (Engineering & Construction) with a market value of $1.65B, the 1503rd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥6.63 on 6 Nov 2026.
Performance Over six months the shares gained 19.7%, against -4.3% for the median peer and -16.4% for the China market (cap-weighted) — 5th highest of 21 in its peer set.
Growth Revenue fell 8.7% over the last twelve months (peer median +1.6%); the operating margin is 6.7% (peer median 4.3%).
Valuation It trades at 4.9× forward earnings against a peer median of 19.0× (cheapest of 17).
Capital Return on invested capital runs 0.8 points below its cost of capital (5.0% WACC).
Next results Next results expected around 27 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥64.0B | CN¥68.5B | CN¥71.3B | CN¥72.9B | CN¥70.6B |
| Revenue growth | — | -4% | -2% | +3% | — |
| Gross profit | CN¥10.7B | CN¥9.64B | CN¥9.24B | CN¥9.26B | CN¥8.37B |
| EBITDA | n/a | CN¥5.34B | CN¥4.92B | CN¥5.21B | CN¥5.38B |
| Net income | CN¥1.87B | CN¥2.23B | CN¥2.32B | CN¥2.29B | CN¥2.70B |
| Free cash flow | -CN¥3.11B | -CN¥493M | -CN¥5.08B | -CN¥5.45B | -CN¥151M |
| Capital expenditure | CN¥1.27B | CN¥1.01B | CN¥112M | CN¥1.57B | CN¥488M |
| Total debt | CN¥55.1B | CN¥50.6B | CN¥49.5B | CN¥44.1B | CN¥29.0B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Shandong Hi-speed Road&bridge 000498.SZ | $1.65B | +20% | -9% | 7% | 4.9× | n/a |
| Shandong Hi-speed 600350.SS | $8.06B | +4% | -4% | 20% | 18.0× | 4.7% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 000498.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +8.3% | -1.7% | 3rd highest of 21 |
| 6-month return | +19.7% | -4.3% | 5th highest of 21 |
| Distance from 52-week high | -3.1% | -26.8% | 2nd highest of 21 |
| Revenue growth (TTM) | -8.7% | +1.6% | 7th lowest of 21 |
| Operating margin | 6.7% | 4.3% | 8th highest of 21 |
| Forward P/E | 4.9× | 19.0× | cheapest of 17 |
| ROIC minus cost of capital | -0.8 pp | +1.4 pp | 7th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Shandong Hi-speed Road&bridge 000498.SZ | China | $1.65B | +20% | -9% | 7% | 4.9× | n/a | n/a |
| Japan Elevator Service 6544.T | Japan | $1.65B | -9% | +17% | 19% | 29.3× | 4.0% | +18.6% |
| China Aluminum International Engineering 601068.SS | China | $1.68B | -34% | -10% | 4% | 41.2× | 10.9% | +0.1% |
| Implenia IMPN.SW | Switzerland | $1.61B | +12% | -8% | 2% | 15.0× | 6.0% | -2.7% |
| Envision Greenwise 1783.HK | Hong Kong | $1.68B | +38% | +183% | 3% | n/a | n/a | n/a |
| MIRAIT ONE 1417.T | Japan | $1.60B | -24% | +5% | 6% | 10.4× | -5.7% | +5.4% |
| NCC NCC-A.ST | Sweden | $1.69B | -3% | -17% | 3% | 22.2× | -1.6% | +0.7% |
| Chudenko 1941.T | Japan | $1.71B | +3% | +9% | 12% | 11.0× | -8.6% | +4.3% |
| Burkhalter BRKN.SW | Switzerland | $1.71B | -27% | -2% | 6% | 21.5× | -1.3% | +19.0% |
| China CAMC Engineering 002051.SZ | China | $1.58B | -15% | +14% | 5% | 40.3× | n/a | n/a |
| SHO BOND 1414.T | Japan | $1.71B | -6% | -2% | 23% | 16.3× | -7.5% | +2.2% |
| Zhejiang Youpon Integrated Ceiling 002718.SZ | China | $1.58B | +12% | -18% | -5% | n/a | n/a | n/a |
| Tasmea TEA.AX | Australia | $1.73B | +49% | +136% | 8% | 18.9× | 4.6% | +59.3% |
| Suzhou Gold Mantis Construction and Decoration 002081.SZ | China | $1.74B | -25% | -8% | 3% | 29.6× | 12.2% | -11.1% |
| Engineers India ENGINERSIN.NS | India | $1.74B | +12% | +6% | 20% | 25.2× | 29.6% | +4.6% |
| Kier KIE.L | United Kingdom | $1.75B | +53% | +7% | 3% | 12.7× | -6.3% | +5.9% |
| Dl E&c 375500.KS | South Korea | $1.53B | -48% | -17% | 4% | 5.2× | -8.3% | -5.3% |
| Guangdong Construction Engineering 002060.SZ | China | $1.79B | -15% | -11% | 3% | 8.0× | n/a | n/a |
| Badger Infrastructure Solutions BDGI.TO | Canada | $1.80B | -10% | +16% | 8% | 19.2× | 21.0% | +15.8% |
| Ruentex Engineering & Construction 2597.TW | Taiwan | $1.50B | +5% | +20% | 14% | n/a | -5.0% | +16.8% |
| China Next-Gen Commerce and Supply Chain 3928.HK | Hong Kong | $1.81B | +47% | -26% | -17% | n/a | n/a | n/a |