XSHG600269
Market cap1.80bUSD
Dec 25, Last price
5.64CNY
1D
0.71%
1Q
17.01%
Jan 2017
12.13%
Name
Jiangxi Ganyue Expressway Co Ltd
Chart & Performance
Profile
Jiangxi Ganyue Expressway CO.,LTD., together with its subsidiaries, operates and manages expressways in China. It operates and manages 800 kilometers of expressways connecting Changjiu, Changzhang, Changtai, Jiujing, Wenhou, Penghu, Changfeng, and Fenghuang. The company also provides highway mechanical and electrical engineering construction, operation, and maintenance services. In addition, it engages in the refined oil sales and real estate businesses; and research and development of mechanical and electrical products, such as cover roads, tunnels, bridges toll systems, monitoring systems, and traffic safety facilities for transportation and application software. The company was founded in 1998 and is based in Nanchang, China.
Valuation
Title CNY in thousands, except ratios and share amounts | FY | 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 | 2014‑12 | |
Income | ||||||||||
Revenues | 7,492,169 10.86% | 6,758,397 5.11% | 6,429,550 26.92% | |||||||
Cost of revenue | 5,410,640 | 4,843,360 | 4,150,285 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 2,081,529 | 1,915,037 | 2,279,265 | |||||||
NOPBT Margin | 27.78% | 28.34% | 35.45% | |||||||
Operating Taxes | 466,039 | 334,150 | 374,964 | |||||||
Tax Rate | 22.39% | 17.45% | 16.45% | |||||||
NOPAT | 1,615,489 | 1,580,887 | 1,904,301 | |||||||
Net income | 1,177,303 69.16% | 695,973 -21.99% | 892,110 69.37% | |||||||
Dividends | (694,199) | (280,249) | (467,081) | |||||||
Dividend yield | 7.17% | 3.54% | 5.83% | |||||||
Proceeds from repurchase of equity | ||||||||||
BB yield | ||||||||||
Debt | ||||||||||
Debt current | 1,501,108 | 3,796,438 | 1,215,047 | |||||||
Long-term debt | 1,868,272 | 4,462,998 | 7,081,130 | |||||||
Deferred revenue | 750,599 | 768,986 | 467,352 | |||||||
Other long-term liabilities | 2,703,663 | 2,863,256 | 3,087,036 | |||||||
Net debt | (670,021) | 4,735,763 | 3,624,295 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 2,469,200 | 2,575,133 | 3,381,184 | |||||||
CAPEX | (2,306,526) | |||||||||
Cash from investing activities | (2,081,481) | |||||||||
Cash from financing activities | 222,565 | |||||||||
FCF | 3,931,569 | (251,533) | 3,280,435 | |||||||
Balance | ||||||||||
Cash | 3,380,614 | 2,412,789 | 3,791,335 | |||||||
Long term investments | 658,786 | 1,110,883 | 880,547 | |||||||
Excess cash | 3,664,792 | 3,185,753 | 4,350,404 | |||||||
Stockholders' equity | 15,890,512 | 17,853,812 | 17,272,454 | |||||||
Invested Capital | 22,630,857 | 27,164,699 | 25,407,322 | |||||||
ROIC | 6.49% | 6.01% | 7.26% | |||||||
ROCE | 7.88% | 6.29% | 7.63% | |||||||
EV | ||||||||||
Common stock shares outstanding | 2,354,605 | 2,335,407 | 2,335,407 | |||||||
Price | 4.11 21.24% | 3.39 -1.17% | 3.43 0.29% | |||||||
Market cap | 9,677,428 22.24% | 7,917,030 -1.17% | 8,010,446 0.29% | |||||||
EV | 10,872,046 | 14,534,628 | 13,476,148 | |||||||
EBITDA | 3,167,455 | 3,061,570 | 3,421,671 | |||||||
EV/EBITDA | 3.43 | 4.75 | 3.94 | |||||||
Interest | 5,261 | 513,315 | 560,785 | |||||||
Interest/NOPBT | 0.25% | 26.80% | 24.60% |