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

Zhejiang Expressway Statistics

Total Valuation

HKG:0576 has a market cap or net worth of HKD 39.85 billion. The enterprise value is 110.32 billion.

Market Cap	39.85B
Enterprise Value	110.32B

Important Dates

The last earnings date was Thursday, April 30, 2026.

Earnings Date	Apr 30, 2026
Ex-Dividend Date	May 8, 2026

Share Statistics

HKG:0576 has 6.04 billion shares outstanding. The number of shares has increased by 0.15% in one year.

Current Share Class	2.02B
Shares Outstanding	6.04B
Shares Change (YoY)	+0.15%
Shares Change (QoQ)	-0.76%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	7.95%
Float	1.66B

Valuation Ratios

The trailing PE ratio is 6.77 and the forward PE ratio is 6.21.

PE Ratio	6.77
Forward PE	6.21
PS Ratio	1.69
PB Ratio	0.37
P/TBV Ratio	0.68
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 8.17, with an EV/FCF ratio of -55.78.

EV / Earnings	18.82
EV / Sales	4.69
EV / EBITDA	8.17
EV / EBIT	12.09
EV / FCF	-55.78

Financial Position

The company has a current ratio of 1.30, with a Debt / Equity ratio of 0.45.

Current Ratio	1.30
Quick Ratio	0.14
Debt / Equity	0.45
Debt / EBITDA	4.08
Debt / FCF	-24.85
Interest Coverage	4.18

Financial Efficiency

Return on equity (ROE) is 9.29% and return on invested capital (ROIC) is 4.63%.

Return on Equity (ROE)	9.29%
Return on Assets (ROA)	1.52%
Return on Invested Capital (ROIC)	4.63%
Return on Capital Employed (ROCE)	4.86%
Weighted Average Cost of Capital (WACC)	3.97%
Revenue Per Employee	2.02M
Profits Per Employee	501,915
Employee Count	11,680
Asset Turnover	0.07
Inventory Turnover	n/a

Taxes

In the past 12 months, HKG:0576 has paid 2.21 billion in taxes.

Income Tax	2.21B
Effective Tax Rate	19.70%

Stock Price Statistics

The stock price has increased by +4.27% in the last 52 weeks. The beta is 0.17, so HKG:0576's price volatility has been lower than the market average.

Beta (5Y)	0.17
52-Week Price Change	+4.27%
50-Day Moving Average	7.20
200-Day Moving Average	7.28
Relative Strength Index (RSI)	35.26
Average Volume (20 Days)	8,027,180

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 23.54 billion and earned 5.86 billion in profits. Earnings per share was 0.98.

Revenue	23.54B
Gross Profit	7.88B
Operating Income	7.66B
Pretax Income	11.23B
Net Income	5.86B
EBITDA	11.80B
EBIT	7.66B
Earnings Per Share (EPS)	0.98

Balance Sheet

The company has 28.25 billion in cash and 49.14 billion in debt, with a net cash position of -20.90 billion or -3.46 per share.

Cash & Cash Equivalents	28.25B
Total Debt	49.14B
Net Cash	-20.90B
Net Cash Per Share	-3.46
Equity (Book Value)	108.39B
Book Value Per Share	9.74
Working Capital	61.03B

Cash Flow

In the last 12 months, operating cash flow was -215.63 million and capital expenditures -1.76 billion, giving a free cash flow of -1.98 billion.

Operating Cash Flow	-215.63M
Capital Expenditures	-1.76B
Depreciation & Amortization	4.21B
Net Borrowing	13.81B
Free Cash Flow	-1.98B
FCF Per Share	-0.33

Margins

Gross margin is 33.48%, with operating and profit margins of 32.52% and 24.90%.

Gross Margin	33.48%
Operating Margin	32.52%
Pretax Margin	47.68%
Profit Margin	24.90%
EBITDA Margin	50.12%
EBIT Margin	32.52%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of 0.46, which amounts to a dividend yield of 6.75%.

Dividend Per Share	0.46
Dividend Yield	6.75%
Dividend Growth (YoY)	7.32%
Years of Dividend Growth	1
Payout Ratio	44.68%
Buyback Yield	-0.15%
Shareholder Yield	6.71%
Earnings Yield	14.71%
FCF Yield	-4.96%

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	3