Xin Lang Cai Jing·2025-10-23 02:05Core Viewpoint - Shenzhen Expressway's stock price has shown fluctuations, with a year-to-date decline of 21.65%, while recent trading periods indicate slight recoveries [1] Company Overview - Shenzhen Expressway Group Co., Ltd. was established on December 30, 1996, and listed on December 25, 2001. The company primarily engages in the investment, construction, and management of toll roads [2] - The main revenue sources include toll fees (62.51%), construction services under franchise agreements (11.76%), kitchen waste treatment project operations (9.33%), wind power generation (7.37%), and other services [2] - As of June 30, the number of shareholders increased by 12.80% to 19,800, with an average of 73,159 circulating shares per person, a decrease of 11.51% [2] Financial Performance - For the first half of 2025, Shenzhen Expressway reported a revenue of 3.919 billion yuan, a year-on-year increase of 4.30%, and a net profit attributable to shareholders of 960 million yuan, up 24.04% [2] - Cumulatively, the company has distributed 14.537 billion yuan in dividends since its A-share listing, with 2.826 billion yuan distributed over the past three years [3] Shareholding Structure - As of June 30, 2025, major shareholders include Huatai-PB Shanghai Composite Dividend ETF, E Fund CSI Dividend ETF, and招商中证红利ETF, with notable increases in holdings [3]