Zhejiang Expressway Co logo

576 - Zhejiang Expressway Co Share Price

HK$5.64 -0.1  -1.1%

Last Trade - 22/09/20

Sector
Industrials
Size
Mid Cap
Market Cap £2.47bn
Enterprise Value £3.03bn
Revenue £996.7m
Position in Universe 420th / 5994
Bullish
Bearish
Unlock 576 Revenue
Momentum
Relative Strength (%)
1m +2.23%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -25.7%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2014 2015 2016 2017 2018 2019 2020E 2021E CAGR / Avg
9,460 10,725 9,735 9,626 11,192 11,955 10,947 13,652 +4.8%
+18.3 +28.3 +2.9 +4.3 +6.1 +8.0 -29.6 +61.4
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the six months ended 30 June 2020, Zhejiang Expressway Co., Ltd. revenues decreased 35% to RMB3.95B. Net income decreased 65% to RMB687.1M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income also reflects Finance costs increase of 6% to RMB968.2M (expense), Impairment of Financial Investment increase from RMB2.8M to RMB53.1M (expense).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Latest News & Insights for 576
Graphical History

Revenue

576 Revenue Unlock 576 Revenue

Net Income

576 Net Income Unlock 576 Revenue

Normalised EPS

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PE Ratio Range

576 PE Ratio Range Unlock 576 Revenue

Dividend Yield Range

576 Dividend Yield Range Unlock 576 Revenue
Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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DPS
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Net Profit
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
576 EPS Forecasts Unlock 576 Revenue
Profile Summary

Zhejiang Expressway Co., Limited is an investment holding company principally engaged in the operation and management of high-grade roads. Along with subsidiaries, the Company operates its business through three segments. The Toll Operation segment is engaged in the operation and management of high-grade roads, and the earning tolls from expressways. The Security segment is engaged in the provision of security brokerage, securities margin trading, security lending, security underwriting, asset management, advisory services and security trading. Other Business segment is engaged in real estate development, hotel operation and others.

Directors
Last Annual December 31st, 2019
Last Interim June 30th, 2020
Incorporated March 1, 1997
Public Since May 15, 1997
No. of Shareholders: n/a
No. of Employees: 7,740
Sector Industrials
Industry Transport Infrastructure
Index Hang Seng Composite , Hang Seng Composite Mid & SmallCap , Hang Seng Composite SmallCap ,
Exchange Stock Exchange of Hong Kong Limited
Shares in Issue 4,343,115,000
Free Float (0.0%)
Eligible for
ISAs
SIPPs
576 Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
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Latest News for 576
Upcoming Events for 576
Frequently Asked Questions for Zhejiang Expressway Co
What is the Zhejiang Expressway Co share price?

As of 22/09/20, shares in Zhejiang Expressway Co are trading at HK$5.64, giving the company a market capitalisation of £2.47bn. This share price information is delayed by 15 minutes.

How has the Zhejiang Expressway Co share price performed this year?

Shares in Zhejiang Expressway Co are currently trading at HK$5.64 and the price has moved by -17.06% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Zhejiang Expressway Co price has moved by -16.34% over the past year.

What are the analyst and broker recommendations for Zhejiang Expressway Co?

Of the analysts with advisory recommendations for Zhejiang Expressway Co, there are there are currently 0 "buy" , 0 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Zhejiang Expressway Co is Buy. You can view the full broker recommendation list by unlocking its StockReport.

When will Zhejiang Expressway Co next release its financial results?

Zhejiang Expressway Co is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-06-30
What is the Zhejiang Expressway Co dividend yield?

The Zhejiang Expressway Co dividend yield is 7.01% based on the trailing twelve month period.

Does Zhejiang Expressway Co pay a dividend?

Last year, Zhejiang Expressway Co paid a total dividend of 0.35, and it currently has a trailing dividend yield of 7.01%. Looking ahead, Zhejiang Expressway Co has not announced an ex-dividend date yet.

When does Zhejiang Expressway Co next pay dividends?

Zhejiang Expressway Co has yet to annouce their ex-dividend date. The historic dividend yield on Zhejiang Expressway Co shares is currently 7.01%.

How do I buy Zhejiang Expressway Co shares?

To buy shares in Zhejiang Expressway Co you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Zhejiang Expressway Co?

Shares in Zhejiang Expressway Co are currently trading at HK$5.64, giving the company a market capitalisation of £2.47bn.

Where are Zhejiang Expressway Co shares listed? Where are Zhejiang Expressway Co shares listed?

Here are the trading details for Zhejiang Expressway Co:

Country of listing: Hong Kong
Exchange: HKG
Ticker Symbol: 576
What kind of share is Zhejiang Expressway Co?

Based on an overall assessment of its quality, value and momentum, Zhejiang Expressway Co is currently classified as a Super Stock. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Zhejiang Expressway Co share price forecast 2020?

Shares in Zhejiang Expressway Co are currently priced at HK$5.64. At that level they are trading at 45.8% discount to the analyst consensus target price of 0.00.

Analysts covering Zhejiang Expressway Co currently have a consensus Earnings Per Share (EPS) forecast of 0.578 for the next financial year.

How can I tell whether the Zhejiang Expressway Co share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Zhejiang Expressway Co. Over the past six months, the relative strength of its shares against the market has been -17.37%. At the current price of HK$5.64, shares in Zhejiang Expressway Co are trading at -5.82% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Zhejiang Expressway Co PE Ratio?

The Zhejiang Expressway Co PE ratio based on its reported earnings over the past 12 months is 14.65. The shares are currently trading at HK$5.64.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Zhejiang Expressway Co?

Zhejiang Expressway Co's management team is headed by:

Tony Zheng - DGM
Jianhu Luo - GMG
Dehua Wang - CFO
Benmeng Dai - NED
Wai Tsang Lee - NID
Tao Cheng - EDR
Yimin Zhu - DGM
Xiuhua Zhang - DGM
Zhihong Yu - CHM
Ji Yu - NED
Bin Chen - NID
Yingjie Yuan - NED
Who are the major shareholders of Zhejiang Expressway Co?

Here are the top five shareholders of Zhejiang Expressway Co based on the size of their shareholding:

BlackRock Institutional Trust Company, N.A. Investment Advisor
Percentage owned: 5.59% (80.1m shares)
Cohen & Steers Capital Management, Inc. Investment Advisor/Hedge Fund
Percentage owned: 4.79% (68.7m shares)
The Vanguard Group, Inc. Investment Advisor/Hedge Fund
Percentage owned: 3.57% (51.3m shares)
Robeco Institutional Asset Management B.V. Investment Advisor/Hedge Fund
Percentage owned: 1.88% (26.9m shares)
Vanguard Total International Stock Index Fund Mutual Fund
Percentage owned: 1.8% (25.8m shares)
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