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Operator of toll expressways and related construction/materials businesses in Shanxi province.
Operator of toll expressways and related construction/materials businesses in Shanxi province.
Collects tolls on provincial expressways under government concession, so revenue follows traffic volumes, notably coal trucks. A provincial government transport holding company controls it.
Moat: narrow (regulatory licence). Regional concession-based toll-road monopoly in Shanxi.
Headquarters: Taiyuan, Shanxi, China · Employees: 643
Size Shanxi Hi-speed (000755.SZ) is a China Industrials company (Other Transportation) with a market value of $1.07B, the 2171st largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥4.87 on 6 Nov 2026.
Performance Over six months the shares fell 3.2%, against -8.4% for the median peer and -16.4% for the China market (cap-weighted) — 9th highest of 21 in its peer set.
Growth Revenue grew 3.3% over the last twelve months (peer median +6.3%); the operating margin is 47.2% (peer median 12.8%).
Valuation It trades at 7.3× enterprise value to sales against a peer median of 3.7× (5th most expensive of 21).
Price implies For today's price to make sense, revenue must grow about -7% a year for seven years (Req g). Recent delivered growth is +8%, so the hurdle is -16 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 3.3 points above its cost of capital (5.0% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥1.64B | CN¥1.62B | CN¥1.61B | CN¥1.71B | CN¥1.67B |
| Revenue growth | — | +1% | -6% | +2% | — |
| Gross profit | CN¥1.24B | CN¥846M | CN¥879M | CN¥905M | CN¥885M |
| EBITDA | n/a | CN¥1.30B | CN¥1.36B | CN¥1.44B | CN¥1.40B |
| Net income | CN¥490M | CN¥465M | CN¥467M | CN¥459M | CN¥459M |
| Free cash flow | CN¥1.10B | CN¥1.16B | CN¥1.25B | CN¥1.14B | CN¥1.24B |
| Capital expenditure | CN¥27.4M | CN¥22.7M | CN¥24.7M | CN¥26.4M | CN¥28.4M |
| Total debt | CN¥5.45B | CN¥6.08B | CN¥6.57B | CN¥7.31B | CN¥7.72B |
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 | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Shanxi Hi-speed 000755.SZ | $1.07B | -3% | +3% | 47% | 7.3× | -7.2% |
| Henan Zhongyuan Expressway 600020.SS | $1.43B | +5% | -11% | 20% | 7.3× | 5.9% |
| Anhui Expressway 600012.SS | $4.29B | +13% | -14% | 42% | 6.5× | -5.4% |
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 | 000755.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +2.5% | -1.2% | 6th highest of 21 |
| 6-month return | -3.2% | -8.4% | 9th highest of 21 |
| Distance from 52-week high | -25.1% | -24.8% | 11th highest of 21 |
| Revenue growth (TTM) | +3.3% | +6.3% | 9th lowest of 21 |
| Operating margin | 47.2% | 12.8% | 3rd highest of 21 |
| EV / Sales | 7.3× | 3.7× | 5th most expensive of 21 |
| Growth the price implies (Req g, 7 yrs) | -7.2% | 1.9% | 5th least demanding of 16 |
| Growth delivered (Del g) | +8.4% | +8.3% | 8th highest of 16 |
| Hurdle (Req g minus delivered) | -15.6 pp | -7.7 pp | 5th least demanding of 16 |
| ROIC minus cost of capital | +3.3 pp | -1.6 pp | 5th highest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Shanxi Hi-speed 000755.SZ | China | $1.07B | -3% | +3% | 47% | 7.3× | -7.2% | +8.4% |
| StorageVault Canada SVI.TO | Canada | $1.09B | -4% | +9% | 23% | 10.8× | 21.9% | +16.6% |
| Dazhong Transportation (Group) 600611.SS | China | $1.02B | -12% | -12% | -9% | 4.5× | 5.8% | -3.3% |
| CTS International Logistics 603128.SS | China | $1.02B | -5% | +15% | 3% | 0.4× | -5.1% | +5.0% |
| Guangxi Wuzhou Communications 600368.SS | China | $1.01B | +8% | -40% | 48% | 10.0× | n/a | n/a |
| Sichuan Haite High-Tech 002023.SZ | China | $948M | -31% | +14% | -28% | 4.3× | 31.4% | +10.4% |
| Jiangsu Tongxingbao Intelligent Transportation Tech 301339.SZ | China | $948M | -17% | +9% | 20% | 2.7× | -4.9% | +17.9% |
| Xizang Tianlu 600326.SS | China | $1.24B | -35% | -8% | 0% | 3.5× | 24.9% | -13.0% |
| Beijing Capital International Airport 0694.HK | Hong Kong | $914M | -21% | +6% | 0% | 2.7× | 40.5% | +8.7% |
| Xiamen International Airport 600897.SS | China | $892M | -12% | +33% | 28% | 1.4× | -16.5% | +11.4% |
| SBS Transit S61.SI | Singapore | $866M | -2% | +2% | 4% | 0.5× | -10.6% | +4.3% |
| Nishi-Nippon Railroad 9031.T | Japan | $1.37B | 0% | +10% | 7% | 1.1× | n/a | n/a |
| Jilin Expressway 601518.SS | China | $822M | -1% | -13% | 48% | 2.6× | -20.5% | +10.0% |
| Xiandai Investment 000900.SZ | China | $822M | -14% | -6% | 20% | 6.0× | 2.8% | -14.7% |
| Ningxia Western Venture Industrial 000557.SZ | China | $807M | -21% | +7% | 9% | 2.4× | 0.2% | +8.3% |
| Henan Zhongyuan Expressway 600020.SS | China | $1.43B | +5% | -11% | 20% | 7.3× | 5.9% | +5.4% |
| Shenzhen International 0152.HK | Hong Kong | $1.49B | -35% | +15% | 11% | 5.8× | n/a | n/a |
| Jiangsu Lianyungang Port 601008.SS | China | $765M | -13% | +5% | 15% | 4.0× | 1.9% | +9.7% |
| Fujian Expressway Development 600033.SS | China | $1.51B | +1% | -3% | 47% | 4.0× | -16.1% | +5.6% |
| AZ-COM Maruwa 9090.T | Japan | $760M | -1% | +9% | 5% | 0.7× | n/a | n/a |
| Shreeji Shipping Global SHREEJISPG.NS | India | $1.53B | +111% | +21% | 24% | 19.1× | n/a | n/a |