Shenzhen International Holdings Ltd (0152) fair value: what the stock is really worth
As of Sep 24, 2026: fair value of Shenzhen International Holdings Ltd HK$13.34, price HK$5.14, upside +159.5%, quality 44 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? Yes
- Good quality? No
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Shenzhen International Holdings Ltd
0152 · HKCheap, value-trap riskThe stock looks deeply undervalued, but low quality raises value-trap risk.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range HK$3.67 – HK$9.81 · fair‑value band HK$10.84 – HK$19.08 · the HK$5.14 price screens below the HK$13.34 fair value. Dashed = 300-day average. As of Sep 24, 2026.
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Company profile
Shenzhen International Holdings Limited, an investment holding company, invests in, constructs, and operates logistics infrastructure facilities primarily in the People's Republic of China. The company operates through Toll Roads and General Environmental Protection Business and Logistic Business segments.
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Shenzhen International Holdings Limited, an investment holding company, invests in, constructs, and operates logistics infrastructure facilities primarily in the People's Republic of China. The company operates through Toll Roads and General Environmental Protection Business and Logistic Business segments. The Toll roads and General Environmental Protection Business segment develops, operates, and manages toll highways. This segment also engages in the sale of wind turbine equipment; kitchen waste disposal projects construction; and operation and sale of wind power stations. The Logistic Business segment constructs, operates, and manages logistics centers and integrated logistics hubs; and provides third-party logistics services, logistics information services, financial services; port and related services; and logistics park transformation and upgrading services. It also operates two general bulk cargo terminals and depots in Nanjing Xiba Port that provide various services, such as loading and unloading, lightering, train loading and unloading, and warehousing. In addition, the company provides electronic information exchange, transmission, and value-added information-sharing services; supply chain management services; project investment and enterprise management consulting services; and real estate development and investment management services, as well as construction, operation, and management of expressways. Further, it engages in logistics and transportation ancillary services; auxiliary activities of railway transportation; cargo transportation and warehousing services; and research and development, production, and sales of wind power generation systems, as well as invests in and operates wind farms, and operates as freight forwarder and container cargo transport agent. The company was incorporated in 1990 and is based in Tsim Sha Tsui, Hong Kong.
Stock analysis
Shenzhen International Holdings Ltd (0152) currently trades at HK$5.14, while our model-based Fair Value estimate is HK$13.34, implying the stock looks roughly 61.5% undervalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of HK$21.71 per share, and 13 of the 16 models we run sit above the HK$5.14 price.
Bear case: the Economic Profit group reads lowest at HK$1.99, and 3 of the 16 models stay below the price. Evidence for this calculation is low.
Scenario range: HK$10.84 (bear) to HK$19.08 (bull), the price of HK$5.14 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 44/100 (below-average quality), in the Industrials sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Shenzhen International Holdings Ltd reported revenue of HK$16.3B in FY2025 versus HK$18.5B in FY2021, a compound −3.1%/yr. Reported net income was HK$2.2B in FY2025, compounding −11.5%/yr from FY2021.
Key figures
Market cap HK$12.6B (≈ $1.6B) · P/E ratio 5.8 · P/S ratio 0.80 · EPS (TTM) HK$0.4109 · Dividend yield 8.9% · Net margin 13.8% · Return on equity 5.0% · Return on assets (EBIT) 5.0%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The last reported earnings sit well below what analysts expect (earnings in transition, for example after write-downs or an earnings dip); whether the stock is cheap or expensive hinges on the expected recovery actually arriving. Read the fair value with that caveat.
The share trades about 41% below its 52-week high and 2% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at 10% fair-value upside, at 160%, 0152 screens cheaper than that median.
Fair Value models
All 16 models by family
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Set up alert →Quality Score breakdown
Of which business quality 40 · Market factors (momentum, volatility) 27
Revenue & earnings trend
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Compare Shenzhen International Holdings Ltd with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Infrastructure Operations · 68 stocks
Valuation Multiplesvs Infrastructure Operations median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Industrials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: Industrials
- Undervalued stocks: Hong Kong Stocks
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Infrastructure Operations stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Transurban Group TCL | A$13.20 | A$4.00 | −70% |
| China Merchants Expressway Network & Technology Holdings 001965 | ¥9.80 | ¥13.02 | +33% |
| Jiangsu Expressway Company 600377 | ¥12.58 | ¥14.47 | +15% |
| Shandong Hi-speed Company 600350 | ¥10.03 | ¥7.88 | −21% |
| Guangdong Provincial Expressway Development Co 000429 | ¥12.53 | ¥13.78 | +10% |
| Anhui Expressway Company 600012 | ¥15.43 | ¥16.97 | +10% |
| Shenzhen Expressway Corporation 600548 | ¥8.04 | ¥9.51 | +18% |
| IRB Infrastructure Developers Limited IRB | ₹18.03 | ₹19.95 | +11% |
| Sichuan Expressway Company 601107 | ¥6.01 | ¥6.61 | +10% |
| CUBEINVIT CUBEINVIT | ₹156.44 | ₹44.34 | −72% |
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Key figures of Shenzhen International Holdings Ltd
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