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Shenzhen Investment Holdings Bay Area Development Company Limited

Shenzhen Investment Holdings Bay Area Development Company Limited

0737.HK
Shenzhen Investment Holdings Bay Area Development Company LimitedHK flagHong Kong Stock Exchange
1.86
HKD
- -
- -
6.20BMarket Cap
Shenzhen Investment Holdings Bay Area Development Company Limited
0737.HK
(Hong Kong Stock Exchange)

Recent

price

1.86

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
1.02
1.07
1.08
- -
- -
- -
- -
- -
- -
- -
- -
0.2
0.26
0.31
0.29
0.26
0.16
Revenue per Share
0.28
0.29
0.28
0.18
0.18
0.17
0.17
0.2
0.21
0.2
0.22
0.23
0.09
0.17
0.15
0.15
0.12
Basic EPS, GAAP
0.38
0.43
0.42
-0.21
-0.01
-0.01
-0.01
-0.01
-0.01
-0.01
-0.02
-0.21
-0.17
0.05
0.1
0.18
- -
Free Cash Flow per Basic Share
0.31
0.26
0.3
0.29
0.29
0.17
0.35
0.58
0.21
0.2
0.1
0.28
0.17
0.09
0.2
0.15
0.06
Dividend per Share
0.87
0.86
0.84
0.88
0.88
0.88
0.88
0.91
0.09
0.09
0.51
0.56
0.48
0.56
0.52
0.67
0.53
Book Value per Share
-1.25
-1.53
-1.84
-1.77
2.36
2.37
2.18
1.8
1.68
1.58
1.79
1.96
0.55
0.62
0.62
0.79
0.57
Tangible Book Value per Share
2,962
2,962
2,962
3,082
3,082
3,082
3,082
3,082
3,082
3,082
3,082
3,082
3,082
3,082
3,082
3,082
3,080
Basic Weighted Avg Shares
3,026
3,169
3,188
- -
- -
- -
- -
- -
- -
- -
- -
614
790
945
879
786
501
Sales/Revenue/Turnover
37.96
39.06
38.97
- -
- -
- -
- -
- -
- -
- -
- -
37.04
14.26
24.19
32.66
30.38
22.59
Operating Margin (%)
295
361
397
- -
- -
- -
- -
- -
- -
- -
1
220
184
238
280
341
- -
Depreciation Expense
836
847
836
553
553
520
511
623
656
612
689
711
279
528
461
468
357
Net Income, GAAP
23.04
29.48
30.25
7.5
7.5
7.36
5.64
5.54
5.91
6.43
19.77
16.29
27.27
17.14
16.49
16.03
16.97
Effective Tax Rate (%)
27.62
26.72
26.23
- -
- -
- -
- -
- -
- -
- -
- -
115.96
35.28
55.94
52.41
59.45
71.25
Profit Margin (%)
953
1,934
1,656
992
1,482
1,228
665
460
388
-243
416
1,150
-402
-1,152
-2,094
-2,025
-1,401
Working Capital
4,605
6,870
7,017
500
198
- -
- -
- -
- -
- -
754
1,057
2,825
2,219
1,428
1,340
2,197
LT Debt
7,304
7,371
7,338
7,621
7,286
7,299
6,719
5,557
5,175
4,870
11,282
11,559
7,386
7,703
7,639
7,850
7,593
Total Equity
7.19
6.43
5.63
-0.27
-0.4
-0.45
-0.52
-0.63
-0.61
-0.68
-0.32
1.46
0.66
1.64
2
1.61
- -
Return on Invested Capital (%)
13.55
11.06
9.77
7.48
15.39
16.42
17.53
21.96
41.24
138.38
22.04
9.87
3.85
6.58
5.23
4.66
14.43
Return on Capital (%)
58.97
33.08
33.28
21.25
20.38
19.2
18.88
22.59
42.65
226.17
74.73
43.28
17.41
32.78
27.56
25.43
210.31
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Mar'24
Jun'24
ST Debt
- -
1,925
LT Borrowings
- -
2,196
LT Finance Leases
- -
1
Preferred Equity and Hybrid Capital
- -
- -
Shares Outstanding
- -
3,082
Market Capitalization
4,807
5,046

Working Capital

FRC

•

in mil. unless spec.
Mar'24
Jun'24
Total Current Assets
- -
1,228
Cash, Cash Equivalents & STI
- -
979
Accounts Receivable, Net
- -
71
Inventories
- -
- -
Total Current Liabilities
- -
2,629
Payables & Accruals
- -
- -
ST Debt
- -
1,925
Deferred Revenue
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.62%
-5.48%
2.77%
Free Cash Flow
121.75%
235.81%
86.96%
Net Income, GAAP
5.22%
4.17%
1.44%
Sales/Revenue/Turnover
- -
- -
-10.58%
Total Cash Common Dividend
23.9%
35.74%
-25.6%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
879
2025
- -
- -
- -
- -
786
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.15
2025
- -
- -
- -
- -
0.15
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.2
2025
- -
- -
- -
- -
0.15
2026
- -
- -
- -
- -
- -
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Business
Shenzhen Investment Holdings Bay Area Development Company Limited (0737.HK), formerly Hopewell Highway Infrastructure Limited, is an investment holding company principally engaged in the development, operation, and management of toll expressways and bridges in the People's Republic of China; it operates through key segments including the Coastal Expressway (Shenzhen Section), Guangzhou-Shenzhen Superhighway (GS Superhighway), Guangzhou-Zhuhai West Superhighway (GZ West Superhighway), and Xintang Interchange, focusing on infrastructure projects, correlated services, and land development and utilization along the GS Superhighway within the Guangdong-Hong Kong-Macao Greater Bay Area. The company manages major toll road assets such as the Guangzhou-Shenzhen Superhighway, linking Guangzhou to the Hong Kong-Shenzhen border via 23 interchanges connected to Shenzhen Baoan Airport and Pearl River east coast expressways; the Guangzhou-Zhuhai West Superhighway; and the Guangshen Coastal Expressway, while advancing residential and commercial development at sites like Xintang Interchange and Grand Park City, where it launched two blocks for pre-sale in the first half of 2025 generating approximately RMB703 million in contract sales. Incorporated in the Cayman Islands in 2003 and headquartered in Wan Chai, Hong Kong, the company lists on the Hong Kong Stock Exchange with counters 737 (HKD) and 80737 (RMB); it became controlled by Shenzhen Expressway Corporation Limited in January 2022 following a change in controlling shareholder, prompting its renaming. Recent developments include a January 2025 capital increase in GSZ Company, a joint venture with Guangdong Highway Construction (45%-55% ownership) to RMB7.3 billion for advancing the Beijing-Hong Kong-Macao Expressway (Guangzhou-Shenzhen Section) reconstruction and expansion project; approval in June 2025 for the Shenzhen section expansion with an estimated RMB21.4 billion investment; and ongoing studies for integrated expansion and land development at Dongguan and Shenzhen interchanges including Machong, Chang'an, and Tongle, alongside construction deals announced in September 2025. The company, a subsidiary of Shenzhen Investment International Capital Holdings Infrastructure Co., Ltd., targets regional connectivity and urban development in the Greater Bay Area amid efforts to enhance cross-border flows of goods, services, and capital.