China Merchants Shekou Industrial Zone Holdings Co., Ltd. Class A

China Merchants Shekou Industrial Zone Holdings Co., Ltd. Class A

SSZSE:001979
7.55
CNY
+0.08
(+1.07%)
-0.09EPS
1,027.46P/E
57.97BMarket Cap
Oct 30Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
6.37
8.23
8.93
8.03
9.6
10.95
12.12
15.45
17.97
17.6
18
16.39
12.09
16.38
Basic EPS, GAAP
0.51
0.58
0.88
1.21
1.6
1.89
1.99
1.46
1.16
0.41
0.65
0.37
0.08
0.01
Free Cash Flow per Basic Share
0.48
-1.08
0.11
-1.86
-0.99
0.96
0.71
2.79
1.79
1.55
2.56
2.41
0.49
- -
Dividend per Share
0.56
0.54
0.71
0.6
1.07
1.37
1.71
1.78
1.58
1.27
1.09
1.02
0.69
0.7
Book Value per Share
2.57
3.04
6.3
7.15
9
9.6
12.01
12.76
13.72
13.14
13.21
12.25
10.83
10.81
Tangible Book Value per Share
2.41
2.91
6.21
7.06
8.91
9.51
11.88
12.64
13.49
12.69
12.77
11.84
10.45
10.44
Basic Weighted Avg Shares
5,463
5,525
5,512
7,919
7,910
8,064
8,057
8,392
8,942
10,400
9,722
10,915
12,797
9,207
Sales/Revenue/Turnover
34,782
45,486
49,222
63,574
75,938
88,278
97,672
129,621
160,643
183,003
175,008
178,948
154,728
150,783
Operating Margin (%)
42.59
22.67
22.33
21.3
25.33
26.67
21.25
17.97
15.76
11.63
8.57
7.31
7.05
5.96
Depreciation Expense
568
634
612
671
850
880
1,150
1,428
2,002
2,632
3,111
3,432
4,046
- -
Net Income, GAAP
2,786
3,205
4,850
9,581
12,656
15,240
16,033
12,253
10,372
4,264
6,319
4,039
1,024
58
Effective Tax Rate (%)
30.25
32.07
22.71
26.11
26.13
26.84
27.82
29.85
33.45
42.48
34.9
53.92
86.41
126.6
Profit Margin (%)
8.01
7.05
9.85
15.07
16.67
17.26
16.42
9.45
6.46
2.33
3.61
2.26
0.66
0.04
Working Capital
45,861
56,367
83,679
91,154
122,896
123,799
182,562
201,581
224,980
231,277
237,936
227,857
218,656
210,705
LT Debt
25,075
32,756
39,926
47,286
71,632
78,421
87,366
102,926
136,117
163,082
173,142
175,068
186,612
174,085
Total Equity
40,071
45,400
62,163
77,952
95,697
108,831
227,642
253,110
276,755
284,440
296,690
286,745
271,379
272,887
Return on Invested Capital (%)
8.49
7.52
7.47
9.42
8.94
8.93
6.13
4.16
3.4
1.83
1.81
0.8
0.14
-0.15
Return on Capital (%)
-0.32
0.54
2.78
6.66
6.88
6.44
5.65
2.73
1.98
0.38
1.15
1.08
0.36
-0.02
Return on Common Equity (%)
21.05
20.76
15.29
18.59
19.83
20.73
18.76
12.49
9.89
4.05
5.71
3.5
0.98
0.06

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
61,885
62,090
69,555
LT Borrowings
184,481
184,207
172,071
LT Finance Leases
2,131
2,104
2,013
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
9,016
9,016
9,016
Market Capitalization
77,899
75,825
57,973

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
586,531
587,921
591,904
Cash, Cash Equivalents & STI
86,127
85,249
98,449
Accounts Receivable, Net
3,470
5,362
6,028
Inventories
362,324
366,084
354,495
Total Current Liabilities
367,875
365,139
381,199
Payables & Accruals
- -
- -
- -
ST Debt
61,885
62,090
69,555
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
19%
1.54%
-5.36%
Free Cash Flow
-255.47%
-9.49%
-76.35%
Net Income, GAAP
-0.51%
-27.36%
-74.65%
Sales/Revenue/Turnover
13.04%
4.44%
-13.53%
Total Cash Common Dividend
11.68%
-9.44%
-20.56%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
23,747
27,525
26,737
100,938
178,948
2025
20,448
31,037
- -
64,962
154,728
2026
23,667
31,117
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.12
0.13
0.16
0.37
2025
0.04
0.11
- -
-0.16
0.08
2026
- -
0.05
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.06
0.24
0.56
0.23
1.02
2025
0.14
0.18
- -
0.22
0.69
2026
0.13
0.17
- -
- -
- -

Company Description

CEO
Li Ming Nie
Full Time Employees
49,135
Sector
Finance
Industry
Real estate development
Address
China Merchants Shekou Plaza Shenzhen GD China 518000
IPO Date
Dec 30, 2015
Business
China Merchants Shekou Industrial Zone Holdings Co., Ltd. functions as a prominent entity in comprehensive urban development, operating across diverse sectors worldwide. The company's main activities encompass the conception, construction, and management of residential and commercial properties, along with the cultivation and operation of various industrial zones. Additionally, it maintains a presence within the cruise industry, managing related facilities and services. Formed in 1979 and headquartered in Shenzhen, China, the organization is a key subsidiary of China Merchants Group Limited.