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Zhejiang Expressway SEHK:576 Stock Report

Last Price

HK$5.28

Market Cap

HK$31.8b

7D

1.7%

1Y

3.9%

Updated

21 Nov, 2024

Data

Company Financials +

Zhejiang Expressway Co., Ltd.

SEHK:576 Stock Report

Market Cap: HK$31.8b

Zhejiang Expressway Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Zhejiang Expressway
Historical stock prices
Current Share PriceHK$5.28
52 Week HighHK$7.34
52 Week LowHK$4.56
Beta0.42
11 Month Change-1.86%
3 Month Change1.34%
1 Year Change3.94%
33 Year Change-25.32%
5 Year Change-24.36%
Change since IPO111.20%

Recent News & Updates

Recent updates

We Think Zhejiang Expressway (HKG:576) Is Taking Some Risk With Its Debt

May 05
We Think Zhejiang Expressway (HKG:576) Is Taking Some Risk With Its Debt

Zhejiang Expressway (HKG:576) Ticks All The Boxes When It Comes To Earnings Growth

Apr 05
Zhejiang Expressway (HKG:576) Ticks All The Boxes When It Comes To Earnings Growth

Zhejiang Expressway (HKG:576) Use Of Debt Could Be Considered Risky

Jan 12
Zhejiang Expressway (HKG:576) Use Of Debt Could Be Considered Risky

Is Zhejiang Expressway (HKG:576) Using Too Much Debt?

Sep 12
Is Zhejiang Expressway (HKG:576) Using Too Much Debt?

If You Like EPS Growth Then Check Out Zhejiang Expressway (HKG:576) Before It's Too Late

Jun 09
If You Like EPS Growth Then Check Out Zhejiang Expressway (HKG:576) Before It's Too Late

Does Zhejiang Expressway (HKG:576) Have A Healthy Balance Sheet?

May 18
Does Zhejiang Expressway (HKG:576) Have A Healthy Balance Sheet?

These 4 Measures Indicate That Zhejiang Expressway (HKG:576) Is Using Debt Extensively

Feb 13
These 4 Measures Indicate That Zhejiang Expressway (HKG:576) Is Using Debt Extensively

Does Zhejiang Expressway (HKG:576) Have A Healthy Balance Sheet?

Nov 12
Does Zhejiang Expressway (HKG:576) Have A Healthy Balance Sheet?

Zhejiang Expressway (HKG:576) Has A Somewhat Strained Balance Sheet

Aug 04
Zhejiang Expressway (HKG:576) Has A Somewhat Strained Balance Sheet

Is Zhejiang Expressway (HKG:576) Using Too Much Debt?

May 06
Is Zhejiang Expressway (HKG:576) Using Too Much Debt?

Zhejiang Expressway Co., Ltd.'s (HKG:576) Intrinsic Value Is Potentially 42% Above Its Share Price

Apr 15
Zhejiang Expressway Co., Ltd.'s (HKG:576) Intrinsic Value Is Potentially 42% Above Its Share Price

Forecast: Analysts Think Zhejiang Expressway Co., Ltd.'s (HKG:576) Business Prospects Have Improved Drastically

Mar 28
Forecast: Analysts Think Zhejiang Expressway Co., Ltd.'s (HKG:576) Business Prospects Have Improved Drastically

Zhejiang Expressway Co., Ltd.'s (HKG:576) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?

Mar 15
Zhejiang Expressway Co., Ltd.'s (HKG:576) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?

Zhejiang Expressway's (HKG:576) Shareholders Are Down 22% On Their Shares

Feb 08
Zhejiang Expressway's (HKG:576) Shareholders Are Down 22% On Their Shares

Is Zhejiang Expressway Co., Ltd. (HKG:576) The Right Choice For A Smart Dividend Investor?

Jan 24
Is Zhejiang Expressway Co., Ltd. (HKG:576) The Right Choice For A Smart Dividend Investor?

Is Zhejiang Expressway Co., Ltd. (HKG:576) Trading At A 49% Discount?

Jan 10
Is Zhejiang Expressway Co., Ltd. (HKG:576) Trading At A 49% Discount?

Zhejiang Expressway (HKG:576) Seems To Be Using A Lot Of Debt

Dec 28
Zhejiang Expressway (HKG:576) Seems To Be Using A Lot Of Debt

Zhejiang Expressway Co., Ltd. (HKG:576) On An Uptrend: Could Fundamentals Be Driving The Stock?

Dec 15
Zhejiang Expressway Co., Ltd. (HKG:576) On An Uptrend: Could Fundamentals Be Driving The Stock?

Is Now An Opportune Moment To Examine Zhejiang Expressway Co., Ltd. (HKG:576)?

Nov 30
Is Now An Opportune Moment To Examine Zhejiang Expressway Co., Ltd. (HKG:576)?

Shareholder Returns

576HK InfrastructureHK Market
7D1.7%1.3%0.4%
1Y3.9%17.5%12.0%

Return vs Industry: 576 underperformed the Hong Kong Infrastructure industry which returned 17.5% over the past year.

Return vs Market: 576 underperformed the Hong Kong Market which returned 12% over the past year.

Price Volatility

Is 576's price volatile compared to industry and market?
576 volatility
576 Average Weekly Movement9.1%
Infrastructure Industry Average Movement5.7%
Market Average Movement8.9%
10% most volatile stocks in HK Market18.9%
10% least volatile stocks in HK Market4.3%

Stable Share Price: 576 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 576's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199710,500Wei Wuwww.zjec.com.cn

Zhejiang Expressway Co., Ltd., an investment holding company, constructs, operates, maintains, and manages roads in the People’s Republic of China. It operates through Toll Operation, Securities Operation, and Others segments. The Toll Operation segment operates and manages high grade roads; and collects expressway tolls.

Zhejiang Expressway Co., Ltd. Fundamentals Summary

How do Zhejiang Expressway's earnings and revenue compare to its market cap?
576 fundamental statistics
Market capHK$31.77b
Earnings (TTM)HK$5.83b
Revenue (TTM)HK$18.21b

5.4x

P/E Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
576 income statement (TTM)
RevenueCN¥16.94b
Cost of RevenueCN¥9.94b
Gross ProfitCN¥7.00b
Other ExpensesCN¥1.57b
EarningsCN¥5.43b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.91
Gross Margin41.32%
Net Profit Margin32.03%
Debt/Equity Ratio97.8%

How did 576 perform over the long term?

See historical performance and comparison

Dividends

6.5%

Current Dividend Yield

35%

Payout Ratio