576 Stock Overview
Zhejiang Expressway Co., Ltd., an investment holding company, constructs, operates, maintains, and manages roads in the People’s Republic of China.
| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 4/6 |
| Dividends | 5/6 |
Rewards
Risk Analysis
Zhejiang Expressway Co., Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$5.05 |
| 52 Week High | HK$7.09 |
| 52 Week Low | HK$4.72 |
| Beta | 0.45 |
| 1 Month Change | -15.41% |
| 3 Month Change | -8.68% |
| 1 Year Change | -23.83% |
| 3 Year Change | -23.72% |
| 5 Year Change | -39.59% |
| Change since IPO | 102.00% |
Recent News & Updates
Recent updates
We Think Zhejiang Expressway (HKG:576) Is Taking Some Risk With Its Debt
May 05
Zhejiang Expressway (HKG:576) Ticks All The Boxes When It Comes To Earnings Growth
Apr 05Zhejiang Expressway (HKG:576) Use Of Debt Could Be Considered Risky
Jan 12Is Zhejiang Expressway (HKG:576) Using Too Much Debt?
Sep 12If You Like EPS Growth Then Check Out Zhejiang Expressway (HKG:576) Before It's Too Late
Jun 09Does Zhejiang Expressway (HKG:576) Have A Healthy Balance Sheet?
May 18These 4 Measures Indicate That Zhejiang Expressway (HKG:576) Is Using Debt Extensively
Feb 13Does Zhejiang Expressway (HKG:576) Have A Healthy Balance Sheet?
Nov 12Zhejiang Expressway (HKG:576) Has A Somewhat Strained Balance Sheet
Aug 04Is Zhejiang Expressway (HKG:576) Using Too Much Debt?
May 06Zhejiang Expressway Co., Ltd.'s (HKG:576) Intrinsic Value Is Potentially 42% Above Its Share Price
Apr 15Forecast: Analysts Think Zhejiang Expressway Co., Ltd.'s (HKG:576) Business Prospects Have Improved Drastically
Mar 28Zhejiang Expressway Co., Ltd.'s (HKG:576) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Mar 15Zhejiang Expressway's (HKG:576) Shareholders Are Down 22% On Their Shares
Feb 08
Is Zhejiang Expressway Co., Ltd. (HKG:576) The Right Choice For A Smart Dividend Investor?
Jan 24Is Zhejiang Expressway Co., Ltd. (HKG:576) Trading At A 49% Discount?
Jan 10Zhejiang Expressway (HKG:576) Seems To Be Using A Lot Of Debt
Dec 28Zhejiang Expressway Co., Ltd. (HKG:576) On An Uptrend: Could Fundamentals Be Driving The Stock?
Dec 15Is Now An Opportune Moment To Examine Zhejiang Expressway Co., Ltd. (HKG:576)?
Nov 30Shareholder Returns
| 576 | HK Infrastructure | HK Market | |
|---|---|---|---|
| 7D | -0.4% | 0.5% | -0.7% |
| 1Y | -23.8% | -7.1% | -13.4% |
Return vs Industry: 576 underperformed the Hong Kong Infrastructure industry which returned -7.1% over the past year.
Return vs Market: 576 underperformed the Hong Kong Market which returned -13.4% over the past year.
Price Volatility
| 576 volatility | |
|---|---|
| 576 Average Weekly Movement | 5.9% |
| Infrastructure Industry Average Movement | 4.5% |
| Market Average Movement | 7.5% |
| 10% most volatile stocks in HK Market | 14.9% |
| 10% least volatile stocks in HK Market | 3.8% |
Stable Share Price: 576 has not had significant price volatility in the past 3 months.
Volatility Over Time: 576's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1997 | 10,653 | Wei Wu | www.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
| 576 fundamental statistics | |
|---|---|
| Market cap | HK$30.27b |
| Earnings (TTM) | HK$5.65b |
| Revenue (TTM) | HK$18.35b |
5.4x
P/E Ratio1.6x
P/S RatioIs 576 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 576 income statement (TTM) | |
|---|---|
| Revenue | CN¥16.97b |
| Cost of Revenue | CN¥9.77b |
| Gross Profit | CN¥7.20b |
| Other Expenses | CN¥1.97b |
| Earnings | CN¥5.22b |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
Apr 30, 2024
| Earnings per share (EPS) | 0.87 |
| Gross Margin | 42.42% |
| Net Profit Margin | 30.79% |
| Debt/Equity Ratio | 139.0% |
How did 576 perform over the long term?
See historical performance and comparisonDividends
6.9%
Current Dividend Yield28%
Payout RatioDoes 576 pay a reliable dividends?
See 576 dividend history and benchmarks| Zhejiang Expressway dividend dates | |
|---|---|
| Ex Dividend Date | May 10 2024 |
| Dividend Pay Date | Jul 05 2024 |
| Days until Ex dividend | 16 days |
| Days until Dividend pay date | 72 days |
Does 576 pay a reliable dividends?
See 576 dividend history and benchmarks