Loading...

You're on the old version of Simply Wall St. We will no longer be supporting this site, so we recommend you switch to our brand new platform.

Shenzhen Investment Holdings Bay Area Development

DB:HHI
Snowflake Description

Questionable track record with limited growth.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
HHI
DB
HK$8B
Market Cap
  1. Home
  2. DE
  3. Transportation
Company description

Shenzhen Investment Holdings Bay Area Development Company Limited, an investment holding company, develops, operates, and manages expressways in the People’s Republic of China. The last earnings update was 23 days ago. More info.


Add to Portfolio Compare Print
  • Shenzhen Investment Holdings Bay Area Development has significant price volatility in the past 3 months.
HHI Share Price and Events
7 Day Returns
0%
DB:HHI
11.3%
DE Infrastructure
9.9%
DE Market
1 Year Returns
-32.5%
DB:HHI
-43.8%
DE Infrastructure
-17.5%
DE Market
HHI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Shenzhen Investment Holdings Bay Area Development (HHI) 0% -7.6% -24% -32.5% -35.4% -26%
DE Infrastructure 11.3% -34% -49.8% -43.8% -42.3% -21.2%
DE Market 9.9% -16.6% -24.8% -17.5% -24.5% -28.1%
1 Year Return vs Industry and Market
  • HHI outperformed the Infrastructure industry which returned -43.8% over the past year.
  • HHI underperformed the Market in Germany which returned -17.5% over the past year.
Price Volatility
HHI
Industry
5yr Volatility vs Market

Value

 Is Shenzhen Investment Holdings Bay Area Development undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Shenzhen Investment Holdings Bay Area Development. This is due to cash flow or dividend data being unavailable. The share price is €0.316.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Shenzhen Investment Holdings Bay Area Development's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Shenzhen Investment Holdings Bay Area Development's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:HHI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in CNY CN¥0.20
SEHK:737 Share Price ** SEHK (2020-03-17) in HKD HK$2.71
SEHK:737 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.914 CN¥2.48
Europe Infrastructure Industry PE Ratio Median Figure of 38 Publicly-Listed Infrastructure Companies 10.3x
Germany Market PE Ratio Median Figure of 399 Publicly-Listed Companies 16.31x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Shenzhen Investment Holdings Bay Area Development.

DB:HHI PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:737 Share Price ÷ EPS (both in CNY)

= 2.48 ÷ 0.20

12.47x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Shenzhen Investment Holdings Bay Area Development is overvalued based on earnings compared to the Europe Infrastructure industry average.
  • Shenzhen Investment Holdings Bay Area Development is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Shenzhen Investment Holdings Bay Area Development's expected growth come at a high price?
Raw Data
DB:HHI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 12.47x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
Not available
Europe Infrastructure Industry PEG Ratio Median Figure of 18 Publicly-Listed Infrastructure Companies 1.17x
Germany Market PEG Ratio Median Figure of 255 Publicly-Listed Companies 1.18x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Shenzhen Investment Holdings Bay Area Development, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Shenzhen Investment Holdings Bay Area Development's assets?
Raw Data
DB:HHI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in CNY CN¥1.57
SEHK:737 Share Price * SEHK (2020-03-17) in HKD HK$2.71
SEHK:737 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.914 CN¥2.48
Germany Infrastructure Industry PB Ratio Median Figure of 5 Publicly-Listed Infrastructure Companies 0.9x
Germany Market PB Ratio Median Figure of 571 Publicly-Listed Companies 1.43x
DB:HHI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:737 Share Price ÷ Book Value per Share (both in CNY)

= 2.48 ÷ 1.57

1.57x

* Primary Listing of Shenzhen Investment Holdings Bay Area Development.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Shenzhen Investment Holdings Bay Area Development is overvalued based on assets compared to the DE Infrastructure industry average.
X
Value checks
We assess Shenzhen Investment Holdings Bay Area Development's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Infrastructure industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Infrastructure industry average (and greater than 0)? (1 check)
  5. Shenzhen Investment Holdings Bay Area Development has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Shenzhen Investment Holdings Bay Area Development expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
17.5%
Expected annual growth in earnings per share.
Earnings growth vs Low Risk Savings
Is Shenzhen Investment Holdings Bay Area Development expected to grow at an attractive rate?
  • Shenzhen Investment Holdings Bay Area Development's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Shenzhen Investment Holdings Bay Area Development's earnings growth is expected to exceed the Germany market average.
  • Unable to compare Shenzhen Investment Holdings Bay Area Development's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:HHI Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:HHI Future Earnings per Share Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 17.5%
Europe Infrastructure Industry Earnings Growth Rate Market Cap Weighted Average 4.4%
Europe Infrastructure Industry Revenue Growth Rate Market Cap Weighted Average 2%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.4%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:HHI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:HHI Future Estimates Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 2,328 -48 2
2021-12-31 2,264 -43 2
2020-12-31 1,671 -29 2
2020-03-31
DB:HHI Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2019-12-31 612
2019-06-30 -30 614
2019-03-31 -29 611
2018-12-31 -28 608
2018-06-30 -36 656
2018-03-31 -37 685
2017-12-31 -37 714
2017-09-30 -37 668
2017-06-30 -37 623
2017-03-31 0 -38 575

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Shenzhen Investment Holdings Bay Area Development's earnings are expected to grow by 17.5% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Shenzhen Investment Holdings Bay Area Development is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:HHI Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Shenzhen Investment Holdings Bay Area Development Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:HHI Future Estimates Data
Date (Data in CNY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 0.22 0.22 0.22 1.00
2021-12-31 0.22 0.22 0.22 1.00
2020-12-31 0.08 0.08 0.08 1.00
2020-03-31
DB:HHI Past Financials Data
Date (Data in CNY Millions) EPS *
2019-12-31 0.20
2019-06-30 0.20
2019-03-31 0.20
2018-12-31 0.20
2018-06-30 0.21
2018-03-31 0.22
2017-12-31 0.23
2017-09-30 0.22
2017-06-30 0.20
2017-03-31 0.19

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Shenzhen Investment Holdings Bay Area Development is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Shenzhen Investment Holdings Bay Area Development's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Shenzhen Investment Holdings Bay Area Development has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Shenzhen Investment Holdings Bay Area Development performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Shenzhen Investment Holdings Bay Area Development's growth in the last year to its industry (Infrastructure).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Shenzhen Investment Holdings Bay Area Development's year on year earnings growth rate has been positive over the past 5 years.
  • Shenzhen Investment Holdings Bay Area Development's 1-year earnings growth is less than its 5-year average (0.6% vs 5.9%)
  • Shenzhen Investment Holdings Bay Area Development's earnings growth has not exceeded the Europe Infrastructure industry average in the past year (0.6% vs 6.9%).
Earnings and Revenue History
Shenzhen Investment Holdings Bay Area Development's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Shenzhen Investment Holdings Bay Area Development Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:HHI Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 612.03 36.93
2019-06-30 613.93 38.48
2019-03-31 611.01 35.90
2018-12-31 608.09 33.32
2018-06-30 656.20 34.40
2018-03-31 685.13 37.80
2017-12-31 714.07 41.20
2017-09-30 668.37 40.89
2017-06-30 622.67 40.58
2017-03-31 0.04 575.44 40.86
2016-12-31 0.09 528.21 41.14
2016-09-30 0.63 519.77 40.65
2016-06-30 1.16 511.33 40.16
2016-03-31 1.50 510.07 39.25
2015-12-31 1.84 508.80 38.34
2015-09-30 1.78 514.22 38.76
2015-06-30 1.73 519.64 39.17
2015-03-31 1.89 511.53 38.39
2014-12-31 2.04 503.41 37.60
2014-09-30 2.03 528.12 37.95
2014-06-30 2.02 552.83 38.31
2014-03-31 2.02 577.28 40.53
2013-12-31 2.02 601.74 42.75
2013-09-30 2.12 601.24 42.73
2013-06-30 2.23 600.74 42.71

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Shenzhen Investment Holdings Bay Area Development has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Shenzhen Investment Holdings Bay Area Development used its assets more efficiently than the Europe Infrastructure industry average last year based on Return on Assets.
  • It is difficult to establish if Shenzhen Investment Holdings Bay Area Development improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Shenzhen Investment Holdings Bay Area Development's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Infrastructure industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Shenzhen Investment Holdings Bay Area Development has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Shenzhen Investment Holdings Bay Area Development's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Shenzhen Investment Holdings Bay Area Development's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Shenzhen Investment Holdings Bay Area Development's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Shenzhen Investment Holdings Bay Area Development's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Shenzhen Investment Holdings Bay Area Development's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Shenzhen Investment Holdings Bay Area Development Company Filings, last reported 3 months ago.

DB:HHI Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 4,870.08 280.97 50.61
2019-06-30 4,860.88 0.00 62.73
2019-03-31 4,860.88 0.00 62.73
2018-12-31 4,869.47 0.00 140.77
2018-06-30 5,175.29 0.00 693.03
2018-03-31 5,175.29 0.00 693.03
2017-12-31 5,243.57 0.00 417.83
2017-09-30 5,243.57 0.00 417.83
2017-06-30 5,557.16 0.00 470.01
2017-03-31 5,557.16 0.00 470.01
2016-12-31 5,469.33 0.00 523.28
2016-09-30 5,469.33 0.00 523.28
2016-06-30 6,719.17 0.00 653.13
2016-03-31 6,719.17 0.00 653.13
2015-12-31 6,720.30 266.42 837.76
2015-09-30 6,720.30 266.42 837.76
2015-06-30 7,299.09 236.56 575.32
2015-03-31 7,299.09 236.56 575.32
2014-12-31 7,297.61 955.88 1,177.43
2014-09-30 7,297.61 955.88 1,177.43
2014-06-30 7,285.81 698.48 817.22
2014-03-31 7,285.81 698.48 817.22
2013-12-31 7,349.65 1,274.01 1,419.60
2013-09-30 7,349.65 1,274.01 1,419.60
2013-06-30 7,620.60 1,201.82 1,484.34
  • Shenzhen Investment Holdings Bay Area Development's level of debt (5.8%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (13% vs 5.8% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Unable to confirm if the interest payments on Shenzhen Investment Holdings Bay Area Development's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Shenzhen Investment Holdings Bay Area Development's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Shenzhen Investment Holdings Bay Area Development has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Shenzhen Investment Holdings Bay Area Development's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
8.04%
Current annual income from Shenzhen Investment Holdings Bay Area Development dividends. Estimated to be 7.58% next year.
If you bought €2,000 of Shenzhen Investment Holdings Bay Area Development shares you are expected to receive €161 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Shenzhen Investment Holdings Bay Area Development's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.68%).
  • Shenzhen Investment Holdings Bay Area Development's dividend is above the markets top 25% of dividend payers in Germany (4.97%).
Upcoming dividend payment

Purchase Shenzhen Investment Holdings Bay Area Development before the 'Ex-dividend' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:HHI Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
Europe Infrastructure Industry Average Dividend Yield Market Cap Weighted Average of 31 Stocks 7.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 323 Stocks 3.8%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:HHI Future Dividends Estimate Data
Date (Data in CN¥) Dividend per Share (annual) Avg. No. Analysts
2022-12-31 0.23 2.00
2021-12-31 0.22 2.00
2020-12-31 0.11 2.00
2020-03-31
DB:HHI Past Annualized Dividends Data
Date (Data in CN¥) Dividend per share (annual) Avg. Yield (%)
2020-03-09 0.199 7.795
2019-08-08 0.197 5.892
2019-02-28 0.296 8.405
2018-10-30 0.313 9.022
2018-09-18 0.332 9.248
2017-10-26 0.302 7.673
2017-01-04 0.568 14.650
2016-10-26 0.564 15.723
2016-02-02 0.168 4.933
2015-09-16 0.168 5.473
2015-08-26 0.168 5.511
2015-01-05 0.174 5.725
2014-09-17 0.179 5.934
2014-08-26 0.179 5.787
2014-01-02 0.188 6.258
2013-09-16 0.180 6.008
2013-08-20 0.180 6.125
2012-09-13 0.268 8.467
2012-08-20 0.277 8.681
2012-02-23 0.291 9.251
2011-08-25 0.276 7.904
2011-02-24 0.254 6.080
2010-08-31 0.270 5.416
2010-02-04 0.304 6.504
2009-09-17 1.045 25.152
2009-08-26 1.049 25.033

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of Shenzhen Investment Holdings Bay Area Development's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (1x coverage).
Future Payout to shareholders
  • Dividends after 3 years are not well covered by earnings (1x coverage).
X
Income/ dividend checks
We assess Shenzhen Investment Holdings Bay Area Development's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Shenzhen Investment Holdings Bay Area Development afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Shenzhen Investment Holdings Bay Area Development has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Shenzhen Investment Holdings Bay Area Development's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Tianliang Zhang
COMPENSATION CN¥743,000
AGE 56
TENURE AS CEO 1.8 years
CEO Bio

Mr. Tianliang Zhang has been Executive Director and General Manager of Hopewell Highway Infrastructure Ltd since April 11, 2018. He is a director of various subsidiaries of Hopewell Highway Infrastructure Ltd April 11, 2018 (after the despatch of the Composite Document). He obtained a Bachelor of Laws degree at the Hubei University in July 1985, obtained a Master of Laws degree from the Central China Normal University in July 1987, and has obtained the qualification as a Senior Economist in 2001. In December 1991, Mr. ZHANG was as a Director Staff Member of the Three Divisions of the Policy Research Office of Hubei Provincial Government. In February 1993, Mr. ZHANG was a Director Staff Member of the Policy Research and Political Reform Office of CPC Shenzhen Municipal Party Committee and later became a Deputy Director General of the Policy Research and Political Reform Division of CPC Shenzhen Municipal Party Committee. In November 2002, Mr. ZHANG was the Deputy General Manager of Shenzhen Shahe Industry (Group) Co., Ltd. and became the Chairman of the Supervisory Board in November 2004. In February 2011, Mr. ZHANG was the director and the Secretary of the Disciplinary Committee of Shenzhen Changcheng Investment Holdings Company Limited. Mr. ZHANG was transferred to Shenzhen Wuzhou Guesthouse Company Limited in April 2014 as the Chairman and Secretary of the Party Committee.

CEO Compensation
  • Insufficient data for Tianliang to compare compensation growth.
  • Tianliang's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Shenzhen Investment Holdings Bay Area Development management team in years:

1.8
Average Tenure
49
Average Age
  • The average tenure for the Shenzhen Investment Holdings Bay Area Development management team is less than 2 years, this suggests a new team.
Management Team

Tianliang Zhang

TITLE
Executive Director & GM
COMPENSATION
CN¥743K
AGE
56
TENURE
1.8 yrs

Cheng Wu

TITLE
Executive Director & Deputy GM
COMPENSATION
CN¥724K
AGE
49
TENURE
1.8 yrs

Ji Liu

TITLE
Executive Director
COMPENSATION
CN¥724K
AGE
43
TENURE
1.8 yrs

Kenneth Leung

TITLE
Financial Controller and Qualified Accountant
AGE
56
TENURE
15.4 yrs

Ching Fan Koo

TITLE
Company Secretary
AGE
49
TENURE
3.3 yrs
Board of Directors Tenure

Average tenure and age of the Shenzhen Investment Holdings Bay Area Development board of directors in years:

1.8
Average Tenure
49
Average Age
  • The average tenure for the Shenzhen Investment Holdings Bay Area Development board of directors is less than 3 years, this suggests a new board.
Board of Directors

Zhengyu Liu

TITLE
Chairman of the Board
AGE
49
TENURE
1.8 yrs

Tianliang Zhang

TITLE
Executive Director & GM
COMPENSATION
CN¥743K
AGE
56
TENURE
1.8 yrs

Cheng Wu

TITLE
Executive Director & Deputy GM
COMPENSATION
CN¥724K
AGE
49
TENURE
1.8 yrs

Ji Liu

TITLE
Executive Director
COMPENSATION
CN¥724K
AGE
43
TENURE
1.8 yrs

Brian David Li

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥330K
AGE
44
TENURE
8.7 yrs

Anthony Ching

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥184K
AGE
49
TENURE
1.8 yrs

Tony Kan

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥170K
AGE
68
TENURE
1.8 yrs

Junye Cai

TITLE
Non-Executive Director
COMPENSATION
CN¥26K
AGE
35
TENURE
1.3 yrs

Jiyang Tang

TITLE
Non-Executive Director
AGE
47
TENURE
1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Shenzhen Investment Holdings Bay Area Development's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Shenzhen Investment Holdings Bay Area Development has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Shenzhen Investment Holdings Bay Area Development Company Limited, an investment holding company, develops, operates, and manages expressways in the People’s Republic of China. The company operates toll-expressway projects comprising Guangzhou-Shenzhen Superhighway, Phase I of the Western Delta Route, Phase II of the Western Delta Route, and Phase III of the Western Delta Route. It is also involved in loan financing activities. The company is based in Wan Chai, Hong Kong. Shenzhen Investment Holdings Bay Area Development Company Limited is a subsidiary of Shenzhen Investment Holdings Co., Ltd.

Details
Name: Shenzhen Investment Holdings Bay Area Development Company Limited
HHI
Exchange: DB
Founded:
HK$980,439,148
3,081,690,283
Website: http://www.sihbay.com
Address: Shenzhen Investment Holdings Bay Area Development Company Limited
Hopewell Centre,
Room 63-02,
Wan Chai,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 737 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 06. Aug 2003
OTCPK HHIL.F Ordinary Shares Pink Sheets LLC US USD 06. Aug 2003
DB HHI Ordinary Shares Deutsche Boerse AG DE EUR 06. Aug 2003
SHSC 737 Ordinary Shares Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect HK HKD 06. Aug 2003
SZSC 737 Ordinary Shares The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect HK HKD 06. Aug 2003
OTCPK SIHB.Y SPONSORED ADR Pink Sheets LLC US USD 21. Jan 2005
SEHK 80737 HKD0.10(CNY) The Stock Exchange of Hong Kong Ltd. HK CNY 29. Oct 2012
Number of employees
Current staff
Staff numbers
31
Shenzhen Investment Holdings Bay Area Development employees.
Industry
Highways and Railtracks
Transportation
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/31 21:45
End of day share price update: 2020/03/17 00:00
Last estimates confirmation: 2020/03/24
Last earnings filing: 2020/03/08
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.