Jiangsu Expressway Company Limited invests in, constructs, operates, and manages toll roads and bridges in the People’s Republic of China. More Details
6 star dividend payer with solid track record.
Share Price & News
How has Jiangsu Expressway's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: Insufficient data to determine JEXY.Y's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine JEXY.Y's volatility change over the past year.
7 Day Return
1 Year Return
Return vs Industry: JEXY.Y underperformed the US Infrastructure industry which returned 49.5% over the past year.
Return vs Market: JEXY.Y underperformed the US Market which returned 50.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Jiangsu Expressway's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Jiangsu Expressway undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: JEXY.Y ($23.85) is trading below our estimate of fair value ($56.67)
Significantly Below Fair Value: JEXY.Y is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: JEXY.Y is good value based on its PE Ratio (10.5x) compared to the Global Infrastructure industry average (15x).
PE vs Market: JEXY.Y is good value based on its PE Ratio (10.5x) compared to the US market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: JEXY.Y is poor value based on its PEG Ratio (1.7x)
Price to Book Ratio
PB vs Industry: JEXY.Y is overvalued based on its PB Ratio (1.3x) compared to the US Infrastructure industry average (0.9x).
How is Jiangsu Expressway forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: JEXY.Y's forecast earnings growth (6.4% per year) is above the savings rate (2%).
Earnings vs Market: JEXY.Y's earnings (6.4% per year) are forecast to grow slower than the US market (14.6% per year).
High Growth Earnings: JEXY.Y's earnings are forecast to grow, but not significantly.
Revenue vs Market: JEXY.Y's revenue (6.1% per year) is forecast to grow slower than the US market (9% per year).
High Growth Revenue: JEXY.Y's revenue (6.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: JEXY.Y's Return on Equity is forecast to be low in 3 years time (13.7%).
How has Jiangsu Expressway performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: JEXY.Y has high quality earnings.
Growing Profit Margin: JEXY.Y's current net profit margins (38.5%) are higher than last year (36.1%).
Past Earnings Growth Analysis
Earnings Trend: JEXY.Y's earnings have grown by 1.6% per year over the past 5 years.
Accelerating Growth: JEXY.Y's earnings growth over the past year (16.2%) exceeds its 5-year average (1.6% per year).
Earnings vs Industry: JEXY.Y earnings growth over the past year (16.2%) exceeded the Infrastructure industry 2.2%.
Return on Equity
High ROE: JEXY.Y's Return on Equity (10.7%) is considered low.
How is Jiangsu Expressway's financial position?
Financial Position Analysis
Short Term Liabilities: JEXY.Y's short term assets (CN¥8.6B) do not cover its short term liabilities (CN¥13.6B).
Long Term Liabilities: JEXY.Y's short term assets (CN¥8.6B) do not cover its long term liabilities (CN¥16.5B).
Debt to Equity History and Analysis
Debt Level: JEXY.Y's debt to equity ratio (73.6%) is considered high.
Reducing Debt: JEXY.Y's debt to equity ratio has increased from 55.3% to 73.6% over the past 5 years.
Debt Coverage: JEXY.Y's debt is not well covered by operating cash flow (15.8%).
Interest Coverage: JEXY.Y earns more interest than it pays, so coverage of interest payments is not a concern.
What is Jiangsu Expressway current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: JEXY.Y's dividend (6.04%) is higher than the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: JEXY.Y's dividend (6.04%) is in the top 25% of dividend payers in the US market (3.42%)
Stability and Growth of Payments
Stable Dividend: JEXY.Y's dividends per share have been stable in the past 10 years.
Growing Dividend: JEXY.Y's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (63.7%), JEXY.Y's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: JEXY.Y's dividends in 3 years are forecast to be covered by earnings (53.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Xiaoguang Cheng (42 yo)
Mr. Xiaoguang Cheng serves as the General Manager and Executive Director at Jiangsu Expressway Company Limited since March 20, 2020. He served as the head of investment development department of Jiangsu Co...
Experienced Management: JEXY.Y's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Experienced Board: JEXY.Y's board of directors are considered experienced (3.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Jiangsu Expressway Company Limited's company bio, employee growth, exchange listings and data sources
- Name: Jiangsu Expressway Company Limited
- Ticker: JEXY.Y
- Exchange: OTCPK
- Founded: 1992
- Industry: Highways and Railtracks
- Sector: Transportation
- Market Cap: HK$58.208b
- Listing Market Cap: HK$7.495b
- Shares outstanding: 5.04b
- Website: https://www.jsexpressway.com
Number of Employees
- Jiangsu Expressway Company Limited
- 6 Xianlin Avenue
- Jiangsu Province
Jiangsu Expressway Company Limited invests in, constructs, operates, and manages toll roads and bridges in the People’s Republic of China. The company operates the Jiangsu section of Shanghai-Nanjing Expre...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/17 23:33|
|End of Day Share Price||2021/05/11 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.