Shenzhen Express: 2024 Annual Report Summary

SZSI00:00 · Announcements

Shenzhen Express: 2024 Annual Report

SZSI00:00 · Announcements

2024 ANNUAL REPORT

SZSI00:00 · Announcements

2024 Annual Report Summary

SZSI00:00 · Announcements

SHENZHENEXPRESS (00548) will distribute a final dividend of 0.244 yuan per share on August 25.

SHENZHENEXPRESS (00548) announced that the company will distribute the final dividend on August 25, 2025...

Zhitong FinanceMar 21 20:42

SHENZHENEXPRESS (00548.HK) reported a revenue of 9.246 billion yuan for the year 2024 with a Net income decline of 50.80% year-on-year.

On March 21, Glonghui reported that SHENZHENEXPRESS (00548.HK) announced its annual performance. In 2024, the group achieved revenue of 9.246 billion yuan, a decrease of 0.53% year-on-year. Among this, toll revenue was approximately 5.053 billion yuan, revenue from Eco-friendly Concept businesses such as clean energy and solid waste resource processing was about 1.409 billion yuan, and Other revenue was around 2.783 billion yuan, accounting for 54.66%, 15.24%, and 30.10% of the group’s total revenue, respectively. The decline in revenue is primarily due to Yichang Company no longer being included in the consolidation scope from March 21, 2024, and fluctuations in wind resources for certain wind farm projects.

Gelonghui FinanceMar 21 20:17

SHENZHENEXPRESS: 2024 Annual Results Preliminary Announcement

HKEXMar 21 20:10 · Announcements

Express News | Shenzhen Expressway Corporation: Net income is expected to decline by 50.8% in 2024.

BreakingsMar 21 19:00

Express News | Shenzhen Expressway Corporation: BAY AREA DEV is expected to achieve revenue of approximately 0.879 billion yuan in 2024.

BreakingsMar 20 16:46

Shenzhen Expressway Raises 4.7 Billion Yuan via Share Placement

MT NewswiresMar 19 16:01

Anhui Expressway Subscribes to Shenzhen Expressway's Share Sale

MT NewswiresMar 19 12:22

Selected announcements｜Major Star Stocks have released their reports! Xiaomi's annual revenue reaches a historic high; China United Network Communications' annual Net income exceeds 20 billion yuan; FUYAO GLASS's profits are expected to increase by more t

Xpeng Autos reported a net loss of 5.79 billion yuan in 2024, a year-on-year decrease of 44.19%; ZTO Express's adjusted net income for 2024 is 10.15 billion yuan, with a nearly 50% growth in parcel delivery in Q4.

cls.cnMar 19 08:19

ANHUIEXPRESSWAY (00995) plans to subscribe to 38.1792 million shares of Shenzhen Expressway Corporation for 0.503 billion yuan.

ANHUIEXPRESSWAY (00995) released an announcement that the company recently signed an agreement with Shenzhen Expressway Group Co., Ltd...

Zhitong FinanceMar 18 20:03

Express News | Anhui Expressway: participating in the subscription of Shenzhen Expressway Corporation's A-shares private placement project.

BreakingsMar 18 18:25

Dongguan Development (000828.SZ): Signed a construction management agreement for the expansion and reconstruction project of the Dongguan-Shenzhen Expressway with the Municipal Road and Bridge Company.

On March 18, Gelonghui reported that Dongguan Development (000828.SZ) announced that to efficiently promote the implementation of the reconstruction and expansion project for the Dongguan to Shenzhen Expressway from Tangxia to Dongcheng section and Longlin branch line (referred to as "Shenzhen Expressway Corporation"), and to enhance the professionalism in project construction management, the company’s Board of Directors conducted careful research and intends to entrust the construction management work of this reconstruction and expansion project to Dongguan City Road and Bridge Investment and Construction Company (referred to as "City Road and Bridge Company"), and sign a entrusted construction management agreement with City Road and Bridge Company. The total amount of this related trade is 37.471684 million yuan, referencing the social investment project by the Dongguan municipal government.

Gelonghui FinanceMar 18 18:19

The State-owned Assets Supervision and Administration Commission of the State Council: unswervingly strengthen, optimize, and expand state-owned capital and state-owned enterprises.

The 2025 Issue 6 of the "Seeking Truth" magazine published a signed article by the Party Committee of the State-owned Assets Supervision and Administration Commission of the State Council titled "Unwaveringly Strengthening, Optimizing and Expanding State-owned Capital and State-owned Enterprises."

cls.cnMar 16 12:30

Shenzhen Expressway Corporation (600548.SH): The company has not yet integrated DeepSeek at the business level.

On March 14, Gelonghui reported that Shenzhen Expressway Corporation (600548.SH) stated on the investor interaction platform that the company is mainly engaged in the investment, construction, and operation management of toll roads and Eco-friendly Concept business, and that the company has not yet integrated with DeepSeek at the business level.

Gelonghui FinanceMar 14 18:18

Research Reports - Western Securities: Initially gives Shenzhen Expressway Corporation a "Shareholding" rating, with a Target Price of 12.55 yuan.

On March 13, Gelonghui reported that West Securities' Research Reports indicate that after the earnings forecast release for Shenzhen Expressway Corporation (600548.SH) in 2024, the market holds a relatively pessimistic expectation for the future development of the company's Business. The firm believes that the company's core Business is expected to grow positively in the future. ① Benefiting from the Shenzhong Channel's drainage effect on the company's riverside projects and the logistics project, coupled with the macroeconomic recovery and support from South China Greater Bay Area Concept policies, the company's highway Business is expected to grow steadily; ② The Eco-friendly Concept business is likely to enter a harvesting period, with both the clean energy power generation project and kitchen waste processing business having certain entry barriers. After nearly 10 years of exploration and development, it is expected to advance.

Gelonghui FinanceMar 13 16:58 · Ratings

Shenzhen Expressway Corporation (600548): A pioneer in South China’s roadways, deeply cultivating the main roadway business, the Eco-friendly Concept business is expected to enter a harvest period.

Abstract Content 【Core Conclusion】 It is believed that the company, as a veteran in the highway sector of South China, has a high quality of revenue in its main highway business and is expected to achieve stable growth. The prospects for the Eco-friendly Concept business are promising, with clean energy power generation and solid waste resource recycling business expected to be profitable in the future.

Western SecuritiesMar 13 16:12

SHENZHENEXPRESS (00548.HK) "25 SHENZHENEXPRESS 01" has a coupon rate of 2.29%.

On March 10th, Gelonghui reported that SHENZHENEXPRESS (00548.HK) announced that the issuer, Shenzhen Expressway Group Co., Ltd., has obtained registration approval from the China Securities Regulatory Commission (CSRC License [2024] No. 576) for the public issuance of CSI Enterprise bonds not exceeding 8 billion yuan to professional investors. The issuer and the lead underwriter conducted a rate inquiry for professional institutional investors offline on March 10, 2025. According to the book-building results, the final coupon rate of this bond "25 Shen Gao 01" has been set at 2.29%.

Gelonghui FinanceMar 10 21:32