Zhejiang Expressway Ratios and Metrics

Market cap in millions HKD. Fiscal year is January - December.

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb '26 Feb 24, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Market Capitalization	41,844	33,505	31,226	26,102	30,185	28,447
Market Cap Growth	25.79%	7.30%	19.63%	-13.53%	6.11%	-7.75%
Enterprise Value	99,923	17,871	15,799	72,450	70,355	61,808
Last Close Price	6.93	5.25	4.57	4.57	4.97	4.41
PE Ratio	6.88	5.72	5.43	4.46	5.16	9.91
Forward PE	6.48	5.80	4.79	5.35	5.31	6.49
PS Ratio	1.99	1.74	1.67	1.51	1.51	1.92
PB Ratio	0.41	0.43	0.47	0.47	0.55	0.65
P/TBV Ratio	0.78	1.22	1.55	3.91	34.79	-
P/FCF Ratio	15.82	3.81	3.32	3.67	12.69	-
P/OCF Ratio	11.82	3.47	2.89	2.96	8.71	191.19
PEG Ratio	-	6.23	6.23	6.23	6.23	6.23
EV/Sales Ratio	4.76	0.93	0.85	4.18	3.52	4.18
EV/EBITDA Ratio	7.81	1.58	1.37	6.85	5.95	7.32
EV/EBIT Ratio	11.51	2.38	2.05	11.07	8.74	12.21
EV/FCF Ratio	37.79	2.03	1.68	10.18	29.57	-
Debt / Equity Ratio	0.41	1.09	1.40	1.62	1.81	1.59
Debt / EBITDA Ratio	3.65	7.47	7.93	8.43	8.26	8.14
Debt / FCF Ratio	15.67	9.75	9.90	12.69	41.41	-
Net Debt / Equity Ratio	0.11	0.28	0.23	0.24	0.39	0.56
Net Debt / EBITDA Ratio	0.96	1.95	1.35	1.25	1.79	2.89
Net Debt / FCF Ratio	4.06	2.50	1.66	1.86	8.90	-29.36
Asset Turnover	0.08	0.09	0.09	0.08	0.10	0.10
Inventory Turnover	-	8.52	10.21	19.15	25.69	22.83
Quick Ratio	0.18	0.79	0.88	0.85	0.85	0.73
Current Ratio	1.37	1.35	1.48	1.44	1.34	1.26
Return on Equity (ROE)	10.27%	10.67%	12.07%	13.45%	15.46%	9.79%
Return on Assets (ROA)	1.67%	2.08%	2.20%	1.97%	2.63%	2.22%
Return on Invested Capital (ROIC)	5.09%	6.76%	8.73%	8.10%	8.48%	5.95%
Return on Capital Employed (ROCE)	5.10%	6.50%	6.70%	6.50%	8.30%	6.80%
Earnings Yield	14.53%	17.47%	18.43%	22.43%	19.37%	10.09%
FCF Yield	6.32%	26.25%	30.10%	27.27%	7.88%	-2.92%
Dividend Yield	6.16%	7.80%	7.71%	9.27%	9.26%	9.56%
Payout Ratio	34.64%	35.03%	31.45%	31.51%	32.20%	63.72%
Buyback Yield / Dilution	0.40%	-22.83%	-1.79%	-5.16%	-3.71%	3.90%
Total Shareholder Return	6.63%	-15.03%	5.92%	4.11%	5.55%	13.46%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.