Loading...
XSHE001965
Market cap12bUSD
Dec 24, Last price  
13.43CNY
1D
2.83%
1Q
8.83%
IPO
6.76%
Name

China Merchants Expressway Network Technology Holdings Co Ltd

Chart & Performance

D1W1MN
XSHE:001965 chart
P/E
13.54
P/S
9.41
EPS
0.99
Div Yield, %
4.29%
Shrs. gr., 5y
1.99%
Rev. gr., 5y
7.56%
Revenues
9.73b
+17.29%
4,448,681,9004,585,271,9005,053,238,3005,340,664,3036,759,340,1688,185,073,8787,068,918,7148,626,031,5768,297,090,0079,731,355,008
Net income
6.77b
+39.19%
2,716,633,1003,281,393,7002,938,635,0003,368,195,0023,910,056,9774,326,608,0882,222,601,8214,972,822,2934,861,499,3476,766,648,808
CFO
4.44b
+14.43%
2,521,304,2002,334,685,8002,306,003,3692,979,392,7453,683,496,3494,309,530,4923,216,272,5814,616,253,0853,878,052,7584,437,621,271
Dividend
Jul 30, 20240.531 CNY/sh
Earnings
May 30, 2025

Profile

China Merchants Expressway Network & Technology Holdings Co.,Ltd. invests in and operates expressways in China. The company operates expressways under the Beijing-Tianjin-Tangshan Expressway, Yongtaiwen Expressway, Beilun Port Expressway, Jiurui Expressway, Guixing Expressway, Guiyang Expressway, Yangping Expressway, Guilin Lingsan Expressway, Edong Bridge, Chongqing-Guizhou Expressway, Shanghai-Chongqing Expressway, Bofu Expressway, and Guihuang Highway names. It is also involved in the traffic and ecology technology, and intelligent transportation businesses. The company was formerly known as China Merchants Huajian Highway Investment Co.,Ltd. and changed its name to China Merchants Expressway Network & Technology Holdings Co.,Ltd. in September 2016. The company was founded in 1965 and is based in Beijing, China. China Merchants Expressway Network & Technology Holdings Co.,Ltd. is a subsidiary of China Merchants Group Limited
URL
http://www.cmhighway.com
IPO date
Dec 25, 2017
Employees
Domiciled in
CN
Incorporated in
CN

Valuation

Title
CNY in thousands, except ratios and share amounts
FYFYFYFYFYFYFYFYFYFY
2023‑122022‑122021‑122020‑122019‑122018‑122017‑122016‑122015‑122014‑12
Income
Revenues
9,731,355
17.29%
8,297,090
-3.81%
8,626,032
22.03%
Cost of revenue
6,538,476
5,763,071
5,390,727
Unusual Expense (Income)
NOPBT
3,192,879
2,534,019
3,235,304
NOPBT Margin
32.81%
30.54%
37.51%
Operating Taxes
388,380
360,871
397,416
Tax Rate
12.16%
14.24%
12.28%
NOPAT
2,804,499
2,173,149
2,837,888
Net income
6,766,649
39.19%
4,861,499
-2.24%
4,972,822
123.74%
Dividends
(3,932,968)
(2,137,668)
Dividend yield
5.90%
4.00%
Proceeds from repurchase of equity
(1)
BB yield
0.00%
Debt
Debt current
2,744,987
2,784,578
3,305,774
Long-term debt
50,963,397
32,982,885
21,362,273
Deferred revenue
161,754
184,763
Other long-term liabilities
1,069,247
983,664
721,536
Net debt
(1,982,165)
(16,008,909)
(29,119,029)
Cash flow
Cash from operating activities
4,437,621
3,878,053
4,616,253
CAPEX
(538,880)
Cash from investing activities
(1,820,470)
Cash from financing activities
(285,087)
FCF
3,552,067
88,289
3,189,057
Balance
Cash
8,931,170
4,375,191
6,391,833
Long term investments
46,759,379
47,401,181
47,395,243
Excess cash
55,203,981
51,361,517
53,355,774
Stockholders' equity
45,237,402
32,880,593
29,343,189
Invested Capital
91,511,193
71,316,145
58,889,426
ROIC
3.44%
3.34%
4.78%
ROCE
2.23%
2.35%
3.54%
EV
Common stock shares outstanding
6,823,970
6,874,129
6,878,039
Price
9.77
25.74%
7.77
1.30%
7.67
11.32%
Market cap
66,670,188
24.82%
53,411,979
1.25%
52,754,560
11.96%
EV
81,772,934
44,533,957
29,439,984
EBITDA
5,751,931
4,327,708
5,100,662
EV/EBITDA
14.22
10.29
5.77
Interest
1,335,757
1,167,126
1,047,447
Interest/NOPBT
41.84%
46.06%
32.38%