Shenzhen Properties & Resources Development (Group) Co. Ltd. Class A

Shenzhen Properties & Resources Development (Group) Co. Ltd. Class A

2.97
HKD
-0.01
(-0.34%)
-0.10EPS
5.77BMarket Cap
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
0.67
0.53
0.45
0.85
1.2
1.4
1.64
1.7
2.03
1.54
1.23
1.13
0.99
2.35
Basic EPS, GAAP
0.12
0.17
0.06
0.15
0.26
0.29
0.34
0.33
0.42
0.22
0.19
-0.46
0.01
-0.05
Free Cash Flow per Basic Share
0.04
-0.01
0.11
0.93
-0.15
0.5
0.36
0.14
-0.77
0.04
-0.11
-0.59
-0.88
- -
Dividend per Share
0.01
0.07
0.06
0.02
0.04
0.08
0.18
0.17
0.2
0.25
0.17
0.16
0.1
0.26
Book Value per Share
0.75
0.86
0.87
1
1.21
1.6
1.3
1.54
1.9
1.83
1.93
1.39
1.41
1.37
Tangible Book Value per Share
0.7
0.82
0.83
0.96
1.21
1.6
1.3
1.54
1.9
1.82
1.93
1.39
1.4
1.37
Basic Weighted Avg Shares
2,413
2,414
2,414
2,414
2,413
2,413
2,414
2,414
2,413
2,414
2,413
2,413
2,412
1,050
Sales/Revenue/Turnover
1,619
1,268
1,077
2,059
2,905
3,377
3,962
4,104
4,911
3,709
2,965
2,734
2,383
2,467
Operating Margin (%)
25.43
26.86
11.53
27.62
22.2
24.68
28.66
27.62
27.76
17.17
9.41
2.49
9.69
6.29
Depreciation Expense
41
41
39
41
45
44
49
46
68
112
74
66
56
- -
Net Income, GAAP
301
417
157
355
623
698
818
799
1,025
537
464
-1,115
34
-57
Effective Tax Rate (%)
28.87
24.61
27.53
27.76
24.65
23.98
26.14
29.28
24.99
29.53
36.35
- -
96.14
1,817.02
Profit Margin (%)
18.58
32.91
14.56
17.23
21.45
20.67
20.64
19.46
20.88
14.49
15.65
-40.77
1.42
-2.31
Working Capital
1,333
1,698
1,666
1,522
2,090
2,527
4,258
5,858
6,293
6,214
4,775
6,538
7,018
5,502
LT Debt
116
178
145
- -
- -
1
2,194
3,617
3,608
3,697
1,410
4,766
4,240
3,390
Total Equity
1,804
2,075
2,101
2,411
2,923
3,882
3,267
3,781
4,637
4,471
4,704
3,230
3,234
3,141
Return on Invested Capital (%)
10.74
13.76
1.09
10.73
16.57
14.66
10.95
8.19
9.39
4.44
3.55
- -
0.04
1.19
Return on Capital (%)
14.39
18
6.63
14.15
22.67
20.52
22.19
15.42
13.94
7.08
5.77
- -
0.66
-23.41
Return on Common Equity (%)
18.2
21.54
7.51
15.74
23.37
20.55
23.3
23.23
24.65
11.93
10.23
-27.79
1
-1.71

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
4,315
3,976
4,992
LT Borrowings
4,230
4,747
3,385
LT Finance Leases
11
9
6
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,414
2,414
2,414
Market Capitalization
7,200
6,499
4,991

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
14,436
14,022
13,979
Cash, Cash Equivalents & STI
2,426
1,829
1,656
Accounts Receivable, Net
418
488
517
Inventories
11,104
11,132
11,203
Total Current Liabilities
7,417
7,012
8,477
Payables & Accruals
- -
- -
- -
ST Debt
4,315
3,976
4,992
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.18%
-1.39%
0.12%
Free Cash Flow
-61.06%
-137.85%
48.26%
Net Income, GAAP
-24.74%
-95.22%
-103.04%
Sales/Revenue/Turnover
12.39%
-9.1%
-12.83%
Total Cash Common Dividend
20.23%
-6.85%
-38.38%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
407
449
462
1,416
2,734
2025
493
595
- -
668
2,383
2026
556
649
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.01
-0.01
-1.88
-0.46
2025
- -
0.02
- -
- -
0.01
2026
-0.01
-0.07
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.39
0.08
0.09
0.16
2025
0.02
0.08
- -
0.14
0.1
2026
0.03
0.13
- -
- -
- -

Company Description

CEO
Li Li Cai
Full Time Employees
8,769
Sector
Finance
Industry
Real estate development
Address
International Trade Center Building Shenzhen GD China 518014
IPO Date
Mar 30, 1992
Business
ShenZhen Properties & Resources Development (Group) Ltd. (SZPRD) engages primarily in real estate development, property management services, industrial ecological operations, and ancillary businesses including catering and engineering supervision; it develops residential buildings, high-end apartments, office buildings, and industrial parks such as ITC Building, Huanggang Port, Tian'an International Building, Qianhai Port, and Jinling Holiday, while offering comprehensive property management for industrial parks, cultural tourism scenic spots, government agencies, rail transit, housing, hospitals, schools, and hotels; its industrial ecological operations encompass project development services, park operation services, supporting leasing, and space service ecosystems focused on science and technology parks; catering services operate through Shenzhen ITC Catering Co., Ltd., renowned for hosting dignitaries; and engineering supervision is provided by Shenzhen Property Engineering and Construction Supervision Co., Ltd., with Class A qualifications serving group projects. SZPRD, founded in 1982 and headquartered at Floors 39 and 42, International Trade Center Building, Renmin South Road, Luohu District, Shenzhen, Guangdong, China, operates principally in Shenzhen with projects extending to Dongguan, Xuzhou, Yangzhou, Shenyang, Haikou, Fuyuan Industrial Zone, and Huiyang Danshui; it serves residential, commercial, industrial, and institutional customers across South China, Southwest China, East China, North China, and the Vietnam-China Cooperation Zone; as a subsidiary of Shenzhen Investment Holdings Co., Ltd., the company listed its A and B shares (000011.SZ/200011.SZ) on the Shenzhen Stock Exchange in March 1992. In recent developments, SZPRD advances industry-city complexes through subsidiaries like Huangcheng Real Estate, Rongyao Real Estate, and Wuhe Urban Renewal, emphasizing stock optimization, incremental development, and urban renewal; its property management segment, led by International Trade Center Property Management, expanded managed area beyond 45 million square meters in 2024, ranking 27th nationally in comprehensive strength and achieving RMB1.594 billion in revenue; commercial operations progressed with the November 2024 launch of Guomao Spring (国贸春天) at Guomao Mall following renovation, alongside the July 2024 half-year operating summary meeting; real estate sales accelerated across projects like Jinling, Guangming Yutang Shangfu, Lake City, and Humen Binhai Harbour Palace amid market policy shifts.