Shenzhen Investment Holdings H1 net income rises 21%

Shenzhen Investment Holdings Bay Area Development

14/08/2026 13:08

Overview
China toll road operator's H1 net income attributable rose 21% yr/yr to RMB283 mln
Company's share of net toll revenue fell 1% yr/yr amid mixed expressway performance
Company completed share allotment, introducing Shandong Hi-Speed as third largest shareholder

Outlook
Company did not provide specific financial outlook

Result Drivers
GS SUPERHIGHWAY DIVERSION - Toll revenue declined due to construction works and the cessation of cross-boundary freight vehicle clearance at Shenzhen Huanggang Port
COASTAL EXPRESSWAY GROWTH - Toll rvenue rose as travel demand increased and vehicles diverted from other routes under construction
GZ WEST SUPERHIGHWAY RECOVERY - Toll revenue resumed growth as diversion effects subsided and the economic environment stabilized

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Net Income Attributable
 
RMB 283 mln
 

Analyst Coverage
The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 13 three months ago

Reuters Recommended Reads
Aug 13 - Canada's Quarterhill Q2 revenue dips 1% as tolling activity slows
Aug 13 - Hong Kong's MTR Corp half-year revenue falls on international business decline
Aug 14 - Swedish builder Skanska signs $957 million contract to build light rail transit in California

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

Press Release s3://eap-prd-eu-west-1-source-content/eap_feed_proxy/fingerpost/HKSW/2026-08-14/91de2ce2-e3d8-444e-95d5-eddb3c9e0ba0.file
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)