China Merchants Shekou Industrial Zone Holdings Co., Ltd. (SHE:001979)

SHE:001979 Financials Overview

Financials in millions CNY. Fiscal year is January - December.

Revenue & Profits

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue Revenue Growth	158,027	154,728	178,948	175,008	183,003	160,643
Revenue Growth	-11.80%	-13.53%	2.25%	-4.37%	13.92%	23.93%
Gross Profit Gross Profit Growth	17,897	18,019	22,561	25,527	31,587	39,201
Operating Income Operating Income Growth	6,870	7,476	9,345	12,548	17,241	23,549
Net Income Net Income Growth	-200.41	719.72	3,326	6,319	4,264	10,372
Earnings Per Share EPS Growth	-0.02	0.08	0.37	0.65	0.41	1.16
EPS Growth	-	-78.38%	-43.08%	58.54%	-64.66%	-20.55%

Revenue by Segment

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Asset Operation Asset Operation Growth	8,042	7,584	7,559	7,822	4,524	4,799
Property Service Property Service Growth	20,487	20,050	18,957	16,084	14,960	12,065
Business Development Business Development Growth	133,133	130,909	156,409	154,236	165,564	145,352
Offset between Intersegments Offset between Intersegments Growth	-3,635	-3,815	-3,978	-3,135	-2,044	-1,572
Total Total Growth	158,027	154,728	178,948	175,008	183,003	160,643

Cash & Debt

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Investments Cash & Investments Growth	98,449	86,127	100,352	88,927	86,436	79,628
Total Debt Total Debt Growth	253,978	261,580	247,935	249,144	243,288	215,135
Net Cash (Debt) Net Cash Growth	-155,528	-175,452	-147,583	-160,217	-156,852	-135,506
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share Net Cash Per Share Growth	-18.91	-19.50	-16.42	-16.48	-15.08	-15.15

Cash Flow & CapEx

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Cash Flow Operating Cash Flow Growth	35,834	9,693	31,964	31,431	22,174	25,977
Capital Expenditures CapEx Growth	-2,982	-3,483	-5,703	-6,591	-32,274	-10,007
Free Cash Flow Free Cash Flow Growth	32,852	6,211	26,261	24,840	-10,100	15,970
Free Cash Flow Growth	38.52%	-76.35%	5.72%	-	-	-31.72%

Margins

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Gross Margin	11.33%	11.64%	12.61%	14.59%	17.26%	24.40%
Operating Margin	4.35%	4.83%	5.22%	7.17%	9.42%	14.66%
Pretax Margin	2.47%	3.35%	5.08%	7.99%	8.64%	14.22%
Profit Margin	-0.13%	0.46%	1.86%	3.61%	2.33%	6.46%
FCF Margin	20.79%	4.01%	14.67%	14.19%	-5.52%	9.94%

Dividends

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 13, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Dividend Per Share Dividend Per Share Growth	0.051	0.051	0.194	0.320	0.230	0.540
Dividend Per Share Growth	-73.67%	-73.67%	-39.35%	39.13%	-57.41%	-15.63%
Dividend Yield	0.75%	0.60%	1.95%	3.58%	1.98%	4.55%

Valuation

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 13, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
PE Ratio	-	108.23	27.90	13.66	22.92	9.95
Forward PE	49.16	19.12	14.63	11.41	8.36	8.83
P/FCF Ratio	1.86	12.54	3.53	3.48	-	6.47
PS Ratio	0.39	0.50	0.52	0.49	0.53	0.64

Data Source: S&P Global Market Intelligence Last updated: Aug 28, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 12, 2026

Data Sources Report a data error