Shenzhen Intl stock reports a profit reversal despite revenue growth

Published on 10/07/2026 at 04:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Shenzhen Intl stock was trading at HKD 5.05 on October 7, 2026, 45.70 percent below its 52-week high. Five analysts show a Buy consensus with a HKD 7.618 average target.

Shenzhen Intl, BMG8086V1467, Illustration mit AI erstellt.

Shenzhen Intl (ISIN BMG8086V1467) was trading at HKD 5.05 on the Hong Kong Stock Exchange on October 7, 2026, at 9:36 a.m. HKT, down HKD 0.01, or 0.10 percent, from the previous close. The latest interim figures show a sharp split between rising revenue and falling earnings.

Revenue rises as profit reverses

According to GMT Eight on August 28, 2026, Shenzhen International reported revenue of HKD 8.23 billion for the six months ended June 30, 2026, up 23.4 percent year over year. The company recorded a loss attributable to ordinary shareholders of HKD 221 million, compared with a profit of HKD 490 million in the same period of 2025.

The revenue increase came mainly from port supply chain operations and new logistics projects. Earnings were pressured by fair value losses on investment properties and losses from joint ventures, turning the interim result from profit to loss.

Logistics expansion carries the story

Logistics operations generated HKD 1.179 billion in revenue during the first half of 2026, an increase of 19 percent from the prior-year period, according to GMT Eight. By June 30, the group had operations in 43 cities, managed 63 logistics port projects and covered 8.61 million square meters of operational area.

The operating footprint offers a counterweight to the earnings reversal, but the interim figures also show the cost of developing new projects. Port and related services generated HKD 2.775 billion of revenue, while profit attributable to shareholders in that segment fell 12 percent to HKD 10.59 million.

Analysts see valuation upside

AASTOCKS reported on October 2, 2026, that HSBC Global Research cut its target price from RMB 10.3 to RMB 7 while maintaining a Buy rating. HSBC also reduced its 2026 and 2027 profit forecasts by 43 percent and 78 percent, respectively, while raising its 2028 estimate by 13 percent.

The currency difference between HSBC's RMB target and the Hong Kong share price rules out a direct target-to-price comparison. A separate Marketscreener consensus lists five analysts at Buy, with an average target of HKD 7.618 and a displayed spread of 43.07 percent above its HKD 5.325 reference price on September 17, 2026.

Stock remains below yearly high

Shenzhen Intl stock was trading at HKD 5.05 on October 7, 2026, with a 52-week range of HKD 4.92 to HKD 9.30. The price stood 45.70 percent below the yearly high, while market capitalization was HKD 12.4 billion and volume was 19,000 shares.