Xin Lang Zheng Quan·2025-11-13 03:21Core Viewpoint - Shenzhen Expressway's stock price has declined by 23.69% this year, with a recent drop of 2.04% in intraday trading, reflecting ongoing challenges in the market [1][2]. Company Overview - Shenzhen Expressway, established on December 30, 1996, and listed on December 25, 2001, primarily engages in the investment, construction, and management of toll roads [2]. - The company's revenue sources include toll fees (62.51%), construction services under franchise agreements (11.76%), kitchen waste treatment operations (9.33%), wind power generation (7.37%), and other services [2]. Financial Performance - For the period from January to September 2025, Shenzhen Expressway reported a revenue of 6.05 billion yuan, representing a year-on-year growth of 3.24%, and a net profit attributable to shareholders of 1.47 billion yuan, up 7.01% year-on-year [3]. - The company has distributed a total of 14.54 billion yuan in dividends since its A-share listing, with 2.83 billion yuan distributed over the past three years [4]. Shareholder Information - As of September 30, 2025, the number of shareholders increased to 20,800, with an average of 83,524 circulating shares per shareholder, reflecting increases of 5.16% and 14.17% respectively [3]. - Among the top ten circulating shareholders, Huatai-PB SSE Dividend ETF holds 34.63 million shares, an increase of 1.93 million shares from the previous period [4].