Shenzhen Investment Holdings Bay Area Development Company Limited
0737Company Overview
Shenzhen Investment Holdings Bay Area Development Co., Ltd. (the “Company”, previously known as Hopewell Highway Infrastructure Limited) was incorporated in the Cayman Islands and has been listed on the Hong Kong Stock Exchange Limited since August 6, 2003, with stock codes 737 (HKD counter) and 80737 (RMB counter). Shenzhen Investment Holdings Co., Ltd. is the ultimate parent company of the Company. The company mainly operates expressway business, and its development strategy focuses on infrastructure construction and related businesses within the Guangdong-Hong Kong-Macao Greater Bay Area, as well as land development and utilization along the Guangzhou-Shenzhen Expressway.
Shariah Compliance Benchmarks:
- Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
- Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
This stock does not meet all Shariah compliance criteria according to AAOIFI standards.
Name | Shenzhen Investment Holdings Bay Area Development Company Limited |
Ticker | 0737 |
Main Business | Infrastructure Operations |
Type | Common Stock |
Industry | Infrastructure Operations |
Country | HK |
Market Cap | $0.54 B |
Shariah Analysis Breakdown
Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
---|---|---|---|
Toll Highway Project-Guangzhou-Shenzhen Highway | $626.1 | $0.0 | - |
Toll Freeway Project - Guangzhou-Zhuhai West Highway | $308.2 | $0.0 | - |
Toll Freeway Project-Yanjiang Expressway | $296.3 | $0.0 | - |
Land Development and Utilization Project - Xintang Interchange | $29.5 | $0.0 | - |
Interest income | $51.4 | $51.4 | - |
Total | $1,311.6 | $51.4 | 3.77% (passed) |
Liability Item | Value ($M) | % of Market Cap |
---|---|---|
bank loans and overdrafts | $254,901,960.8 | 47.47% |
long term bank loan | $309,523,809.5 | 57.64% |
Total Interest-Bearing Debt | $564,425,770.3 | 105.10% |
Market Capitalization | $537,025,641.0 | 100.00% |
Compliance Status | Threshold: 33% | failed |