Zhejiang Expressway Co., Ltd. (HKG:0576)

Zhejiang Expressway Statistics

Total Valuation

HKG:0576 has a market cap or net worth of HKD 42.87 billion. The enterprise value is 100.95 billion.

Market Cap	42.87B
Enterprise Value	100.95B

Important Dates

The next estimated earnings date is Wednesday, March 25, 2026.

Earnings Date	Mar 25, 2026
Ex-Dividend Date	Apr 29, 2025

Share Statistics

HKG:0576 has 6.04 billion shares outstanding. The number of shares has decreased by -0.40% in one year.

Current Share Class	2.02B
Shares Outstanding	6.04B
Shares Change (YoY)	-0.40%
Shares Change (QoQ)	-1.30%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	8.74%
Float	1.56B

Valuation Ratios

The trailing PE ratio is 7.05 and the forward PE ratio is 6.65.

PE Ratio	7.05
Forward PE	6.65
PS Ratio	2.04
PB Ratio	0.42
P/TBV Ratio	0.80
P/FCF Ratio	16.21
P/OCF Ratio	12.11
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 7.89, with an EV/FCF ratio of 38.17.

EV / Earnings	16.60
EV / Sales	4.81
EV / EBITDA	7.89
EV / EBIT	11.63
EV / FCF	38.17

Financial Position

The company has a current ratio of 1.37, with a Debt / Equity ratio of 0.41.

Current Ratio	1.37
Quick Ratio	0.18
Debt / Equity	0.41
Debt / EBITDA	3.65
Debt / FCF	15.67
Interest Coverage	4.29

Financial Efficiency

Return on equity (ROE) is 10.28% and return on invested capital (ROIC) is 5.09%.

Return on Equity (ROE)	10.28%
Return on Assets (ROA)	1.67%
Return on Invested Capital (ROIC)	5.09%
Return on Capital Employed (ROCE)	5.08%
Weighted Average Cost of Capital (WACC)	4.39%
Revenue Per Employee	2.04M
Profits Per Employee	592,021
Employee Count	10,358
Asset Turnover	0.08
Inventory Turnover	n/a

Taxes

In the past 12 months, HKG:0576 has paid 2.17 billion in taxes.

Income Tax	2.17B
Effective Tax Rate	19.65%

Stock Price Statistics

The stock price has increased by +22.09% in the last 52 weeks. The beta is 0.22, so HKG:0576's price volatility has been lower than the market average.

Beta (5Y)	0.22
52-Week Price Change	+22.09%
50-Day Moving Average	7.20
200-Day Moving Average	7.21
Relative Strength Index (RSI)	41.82
Average Volume (20 Days)	13,767,629

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, HKG:0576 had revenue of HKD 21.00 billion and earned 6.08 billion in profits. Earnings per share was 1.01.

Revenue	21.00B
Gross Profit	7.46B
Operating Income	7.24B
Pretax Income	11.05B
Net Income	6.08B
EBITDA	11.18B
EBIT	7.24B
Earnings Per Share (EPS)	1.01

Balance Sheet

The company has 30.70 billion in cash and 41.44 billion in debt, with a net cash position of -10.74 billion or -1.78 per share.

Cash & Cash Equivalents	30.70B
Total Debt	41.44B
Net Cash	-10.74B
Net Cash Per Share	-1.78
Equity (Book Value)	101.18B
Book Value Per Share	8.92
Working Capital	62.87B

Cash Flow

In the last 12 months, operating cash flow was 3.54 billion and capital expenditures -894.49 million, giving a free cash flow of 2.64 billion.

Operating Cash Flow	3.54B
Capital Expenditures	-894.49M
Free Cash Flow	2.64B
FCF Per Share	0.44

Margins

Gross margin is 35.52%, with operating and profit margins of 34.47% and 28.96%.

Gross Margin	35.52%
Operating Margin	34.47%
Pretax Margin	52.64%
Profit Margin	28.96%
EBITDA Margin	53.24%
EBIT Margin	34.47%
FCF Margin	12.59%

Dividends & Yields

This stock pays an annual dividend of 0.44, which amounts to a dividend yield of 6.23%.

Dividend Per Share	0.44
Dividend Yield	6.23%
Dividend Growth (YoY)	18.36%
Years of Dividend Growth	1
Payout Ratio	34.64%
Buyback Yield	0.40%
Shareholder Yield	6.63%
Earnings Yield	14.18%
FCF Yield	6.17%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

Altman Z-Score	n/a
Piotroski F-Score	5