XHKG
0177
Market cap9.54bUSD
Apr 03, Last price
9.58HKD
1D
0.00%
1Q
12.84%
Jan 2017
-2.24%
Name
Jiangsu Expressway Co Ltd
Chart & Performance
Profile
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 Expressway, Ningchang Expressway, Zhenli Expressway, Guangjing Expressway, Xicheng Expressway, Xiyi Expressway, Zhendan Expressway, Wufengshan Bridge, Jiangyin Bridge, and Sujiahang Expressway toll roads in Jiangsu Province, the People's Republic of China. As of December 31, 2021, it operated 17 road and bridge projects; and owned approximately 910 kilometers of roads and bridges. The company also offers passenger transportation; and ancillary services, including refueling, catering, retail, advertising, etc. In addition, it engages in the real estate development activities. The company was incorporated in 1992 and is headquartered in Nanjing, China. Jiangsu Expressway Company Limited is a subsidiary of JiangSu Communications Holding Co., Ltd.
Valuation
Title CNY in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | |||||||||
Revenues | 15,192,010 14.61% | 13,255,603 -3.89% | |||||||
Cost of revenue | 9,673,314 | 8,949,764 | |||||||
Unusual Expense (Income) | |||||||||
NOPBT | 5,518,697 | 4,305,839 | |||||||
NOPBT Margin | 36.33% | 32.48% | |||||||
Operating Taxes | 1,062,649 | 833,034 | |||||||
Tax Rate | 19.26% | 19.35% | |||||||
NOPAT | 4,456,047 | 3,472,805 | |||||||
Net income | 4,413,272 18.51% | 3,724,115 -12.99% | |||||||
Dividends | (3,406,618) | (2,317,364) | |||||||
Dividend yield | 6.60% | 5.60% | |||||||
Proceeds from repurchase of equity | |||||||||
BB yield | |||||||||
Debt | |||||||||
Debt current | 5,932,157 | 4,249,333 | |||||||
Long-term debt | 27,470,323 | 26,066,535 | |||||||
Deferred revenue | 61,767 | 73,861 | |||||||
Other long-term liabilities | 69,733 | 71,405 | |||||||
Net debt | 7,258,781 | 8,426,143 | |||||||
Cash flow | |||||||||
Cash from operating activities | 7,392,424 | 5,527,921 | |||||||
CAPEX | (3,804,377) | ||||||||
Cash from investing activities | (2,940,881) | ||||||||
Cash from financing activities | 1,206,430 | ||||||||
FCF | 4,413,419 | (4,592,831) | |||||||
Balance | |||||||||
Cash | 4,525,747 | 4,407,551 | |||||||
Long term investments | 21,617,951 | 17,482,174 | |||||||
Excess cash | 25,384,098 | 21,226,945 | |||||||
Stockholders' equity | 36,827,000 | 33,888,824 | |||||||
Invested Capital | 49,027,528 | 46,781,197 | |||||||
ROIC | 9.30% | 8.26% | |||||||
ROCE | 7.35% | 6.27% | |||||||
EV | |||||||||
Common stock shares outstanding | 5,037,748 | 5,037,748 | |||||||
Price | 10.25 24.70% | 8.22 -4.64% | |||||||
Market cap | 51,636,912 24.70% | 41,410,284 -4.64% | |||||||
EV | 65,796,914 | 55,845,951 | |||||||
EBITDA | 8,043,175 | 6,345,493 | |||||||
EV/EBITDA | 8.18 | 8.80 | |||||||
Interest | 1,076,089 | 1,098,642 | |||||||
Interest/NOPBT | 19.50% | 25.52% |