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← CockpitCompetitor Analysis › 0152.HK Shenzhen International Holdings LimitedOpen in the cockpit ↗

Shenzhen International Holdings Limited0152.HKCompetitor analysis, valuation and peers

Hong Kong · HKD·Industrials›Other Transportation

Shenzhen-based logistics and infrastructure conglomerate with interests in logistics parks, ports and toll roads.

≈ A diversified Chinese logistics-infrastructure holding companyMomentum weak 30
Mkt cap
$1.49B
US dollars, full cap
Free float
50%
of shares outstanding
$/day
$4.01M
20-day average traded
Fwd P/E
6.1×
forward earnings
ROIC−WACC
-4.1 pp
WACC 5.3%
Hurdle
n/a
no reverse DCF
Next earnings
145 days
31 Mar 2027
Close · HKDHK$4.76
1D-1.9%
1W-0.2%
1M-6.3%
3M-16.0%
6M-35.4%
YTD-44.9%
1Y-40.5%
ATR %3.0%
52w lowhigh48.8% off high

What Shenzhen International does

Shenzhen-based logistics and infrastructure conglomerate with interests in logistics parks, ports and toll roads.

Collects tolls on expressways it operates under government concessions, which grant the right to charge drivers for a fixed number of years, and rent and fees from logistics parks. The Shenzhen government's investment arm, Shenzhen Investment Holdings, is the controlling shareholder.

In one line: A diversified Chinese logistics-infrastructure holding company.

Products and services

  • Logistics park operations
  • Port investments
  • Expressway toll investments

Customers

  • Logistics/warehousing tenants
  • Freight/port users

Where it sits in the supply chain

  • Industrials
  • Logistics/infrastructure
  • Logistics parks, ports, toll roads

What could go right

  • Pearl River Delta logistics/trade growth

What could go wrong

  • Diversified holding-company complexity
  • Regional trade-cycle sensitivity

Moat: narrow (scale, installed base, regulatory licence). A diversified portfolio of logistics real estate and infrastructure concessions across the Pearl River Delta.

Headquarters: Shenzhen, China · Employees: 8,740

Named competitors

Shenzhen International at a glance

Size Shenzhen International (0152.HK) is a Hong Kong Industrials company (Other Transportation) with a market value of $1.49B, the 492nd largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$4.76 on 6 Nov 2026.

Performance Over six months the shares fell 35.4%, against -2.8% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 2nd lowest of 21 in its peer set.

Growth Revenue grew 14.6% over the last twelve months (peer median +4.0%); the operating margin is 11.0% (peer median 17.7%).

Valuation It trades at 6.1× forward earnings against a peer median of 14.2× (cheapest of 14).

Capital Return on invested capital runs 4.1 points below its cost of capital (5.3% WACC).

Next results Next results expected around 31 Mar 2027 (exchange calendar; dates can move).

Relative performance

8010011 May 202611 Aug 20266 Nov 2026Peer median 970152.HK 64
Six months, rebased to 100: Shenzhen International against the median of its 20 peers (local-currency closes).

Shenzhen International financials

Reported figures in HKD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueHK$17.9BHK$16.3BHK$15.6BHK$20.5BHK$15.5B
Revenue growth—+5%-24%+32%—
Gross profitHK$3.57BHK$3.44BHK$3.56BHK$7.55BHK$4.15B
EBITDAHK$5.43BHK$5.46BHK$5.15BHK$9.26BHK$6.24B
Net incomeHK$1.54BHK$2.25BHK$2.87BHK$1.90BHK$1.25B
Free cash flow-HK$4.32B-HK$6.15B-HK$7.17B-HK$7.53BHK$4.40B
Capital expenditureHK$6.89BHK$10.0BHK$9.79BHK$10.0BHK$7.23B
Total debtn/aHK$72.0BHK$64.7BHK$60.0BHK$54.8B

Quarterly statements and history in the cockpit →

Shenzhen International competitor charts

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.

Performance: 6-month against 1-month return

-40%-20%0%+20%+40%-10%0%+10%600033SHREEJISPG6000209003000828FGP2645HHFA600326002320WTENS8U6006116031280152.HK6-month return →1-month return →
Up and to the right = strong over both horizons. Shenzhen International is the large dot.

Fundamentals: revenue growth against valuation

-10%0%+10%20×40×60×6000209003000828FGP90312645600326002320WTENS8U0000896031280152.HKRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Shenzhen International is the large dot.

Shenzhen International competitors and peer comparison

Head to head with its named competitors (0152.HK vs 0144.HK vs 0548.HK)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Shenzhen International 0152.HK$1.49B-35%+15%11%6.1×n/a
China Merchants Port 0144.HK$8.93B+5%+14%38%9.3×4.1%
Shenzhen Expressway 0548.HK$2.91B-12%0%17%9.3×0.0%

How Shenzhen International compares with its peers

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.

Shenzhen International against its 20 peers (data as of 6 Nov 2026)
Measure0152.HKPeer medianRank in peer set
1-month return-6.3%0.0%5th lowest of 21
6-month return-35.4%-2.8%2nd lowest of 21
Distance from 52-week high-48.8%-15.7%3rd lowest of 21
Revenue growth (TTM)+14.6%+4.0%3rd highest of 21
Operating margin11.0%17.7%7th lowest of 21
Forward P/E6.1×14.2×cheapest of 14
ROIC minus cost of capital-4.1 pp+0.3 pp2nd lowest of 21
EV / EBITDA19.2×10.8×3rd most expensive of 11
Net debt / EBITDA11.9×3.0×most indebted of 11

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Shenzhen International 0152.HKHong Kong$1.49B-35%+15%11%6.1×n/an/a
Fujian Expressway Development 600033.SSChina$1.51B+1%-3%47%n/a-16.1%+5.6%
Shreeji Shipping Global SHREEJISPG.NSIndia$1.53B+111%+21%24%n/an/an/a
Henan Zhongyuan Expressway 600020.SSChina$1.43B+5%-11%20%9.4×5.9%+5.4%
Sotetsu 9003.TJapan$1.55B-4%+9%13%10.1×n/an/a
Dongguan Development (Holdings) 000828.SZChina$1.57B-3%-4%39%10.7×0.7%+4.4%
FirstGroup FGP.LUnited Kingdom$1.60B+40%-6%5%11.4×-7.6%+1.9%
Nishi-Nippon Railroad 9031.TJapan$1.37B0%+10%7%9.0×n/an/a
Evergreen Aviation Technologies 2645.TWTaiwan$1.67B-8%+10%17%16.2×-1.0%+11.2%
Hamburger Hafen und Logistik HHFA.DEGermany$1.72B-2%+3%7%n/an/an/a
Xizang Tianlu 600326.SSChina$1.24B-35%-8%0%26.3×24.9%-13.0%
Hainan Strait Shipping 002320.SZChina$1.88B-34%+4%23%70.1×-0.5%+36.7%
Tianjin Port 600717.SSChina$1.89B-2%-8%18%n/a-14.6%-1.6%
Westshore Terminals Investment WTE.TOCanada$1.90B+16%-16%33%26.3×11.9%-2.6%
Hutchison Port Holdings Trust NS8U.SISingapore$1.96B+7%+5%42%15.3×-10.5%+1.7%
NANKAI 9044.TJapan$2.03B0%+7%15%13.1×n/an/a
StorageVault Canada SVI.TOCanada$1.09B-4%+9%23%n/a21.9%+16.6%
Shanxi Hi-speed 000755.SZChina$1.07B-3%+3%47%n/a-7.2%+8.4%
Shenzhen Airport 000089.SZChina$2.08B-5%+5%17%14.2×-6.4%+11.4%
Dazhong Transportation (Group) 600611.SSChina$1.02B-12%-12%-9%n/a5.8%-3.3%
CTS International Logistics 603128.SSChina$1.02B-5%+15%3%15.0×-5.1%+5.0%

Questions

Who are Shenzhen International's main competitors?
Named competitors: China Merchants Port Holdings (0144.HK), Shenzhen Expressway (0548.HK). The cockpit's measured peer set (industry) also includes Fujian Expressway Development (600033.SS), Shreeji Shipping Global (SHREEJISPG.NS), Henan Zhongyuan Expressway (600020.SS), Sotetsu (9003.T), Dongguan Development (Holdings) (000828.SZ), FirstGroup (FGP.L).
Is Shenzhen International expensive compared with its peers?
On forward p/e it trades at 6.1× against a peer median of 14.2×, cheapest of 14 in its peer set.
How has Shenzhen International stock performed?
Over six months to 6 Nov 2026 the shares returned -35.4% against -2.8% for the median peer; over one year -40.5%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.