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Henan Zhongyuan Expressway Co Ltd

Henan Zhongyuan Expressway Co Ltd

600020 · SHG · Industrials / Infrastructure Operations

4.17CNY+0.02 (+0.48%)

Price History

Full chart

Market Stats

Previous Close4.15
Open4.13
Day Range4.11 – 4.19
52-Week Range3.59 – 4.83
Volume14.63M
Market Cap8.70B
P/E (TTM)15.48
Forward P/E0.00
EPS0.25
Dividend Yield3.10%
Beta0.30
50-Day Avg3.83
200-Day Avg3.96

About

Henan Zhongyuan Expressway Company Limited engages in investment, construction, operation, and management of expressways in China. It operates through Highway Toll Road and Bridge Division; Real Estate Development Division; Investment Business Division; and Others segments. The company operates Airport Expressway, the Zhengzhou-Zhumadian section of the Beijing-Hong Kong-Macau Expressway, the Zhengzhou-Yaoshan section of the Zhengluan-Luan Expressway, Zhengzhou-Minquan Expressway, Shangqiu-Dengfeng Expressway, and Yongcheng section of Dezhou-Shangqiu Expressway. It is also involved in the project investment; investment management, and consulting business; real estate development and sales; software sales and technical services; civil engineering construction; housing rental; venture capital, human resources, and technology promotion and application; and property management businesses. Henan Zhongyuan Expressway Company Limited was founded in 2000 and is based in Zhengzhou, China.

Company Details

  • SectorIndustrials
  • IndustryInfrastructure Operations
  • CEOMs. Wang Lixue
  • Employees2.63K
  • HeadquartersNo. 100, Nongye East Road, Zhengzhou, China, 450016, China
  • Websitehttps://www.zygs.com

Leadership

  • Ms. Wang LixueChief Financial Officer · b. 1984
  • Ms. Yazi YangDeputy GM & Board Secretary · b. 1977
  • Mr. Qiang LiuDeputy General Manager · b. 1971
  • Li FengAccounting Supervisor
  • Mr. Changjian LiAssistant to General Manager · b. 1962

Financials

Income Statement

Currency: CNY2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue319.65M492.98M681.66M802.70M1.23B1.53B1.61B1.84B1.85B2.01B2.29B2.53B3.97B3.05B3.89B4.54B3.93B6.24B5.19B6.39B5.08B5.61B7.41B5.70B6.97B6.60B
Growth (%)-+54.22%+38.27%+17.76%+53.58%+24.29%+4.96%+14.32%+0.84%+8.28%+14.14%+10.47%+56.87%-23.17%+27.35%+16.83%-13.34%+58.60%-16.74%+22.95%-20.50%+10.44%+32.17%-23.04%+22.20%-5.31%
Cost of Revenue148.09M143.16M190.54M273.97M335.40M473.01M494.00M725.21M853.78M768.55M825.56M1.15B1.85B1.36B1.57B1.85B1.80B3.28B2.19B2.86B3.43B3.30B5.92B3.34B4.89B4.24B
Gross Profit171.56M349.81M491.12M528.73M897.39M1.06B1.11B1.11B1.00B1.24B1.54B1.48B2.12B1.69B2.32B2.69B2.14B2.96B3.00B3.53B1.64B2.31B1.49B2.37B2.08B2.36B
Gross Margin53.67%70.96%72.05%65.87%72.79%69.13%69.28%60.56%53.95%61.71%67.37%58.36%53.40%55.43%59.60%59.28%54.28%47.37%57.76%55.20%32.40%41.17%20.05%41.51%29.84%35.82%
Operating Expense74.71M93.29M116.80M111.84M122.66M111.83M274.75M127.63M634.74M113.97M866.02M1.08B399.22M1.31B1.21B1.21B1.22B1.48B1.87B1.61B1.36B1.32B1.30B1.27B880.52M134.69M
Operating Income96.85M256.52M374.32M416.89M774.74M947.42M839.56M985.73M365.49M1.12B677.71M397.48M1.72B381.85M1.11B1.48B913.29M1.47B1.13B1.91B285.58M983.88M183.51M1.09B1.20B2.23B
Operating Margin30.30%52.04%54.91%51.94%62.84%61.83%52.20%53.61%19.71%56.04%29.58%15.70%43.34%12.52%28.58%32.70%23.22%23.62%21.82%29.92%5.63%17.55%2.48%19.17%17.21%33.78%
EBITDA149.36M310.80M498.16M564.35M933.73M1.03B1.11B1.20B1.22B1.50B1.74B2.00B2.63B2.58B3.00B3.28B3.28B4.30B4.25B4.93B3.43B3.86B2.50B3.35B3.29B3.12B
EBITDA Margin46.72%63.05%73.08%70.31%75.74%67.02%69.07%65.43%65.95%74.70%75.93%78.91%66.27%84.67%77.33%72.18%83.40%68.88%81.75%77.13%67.61%68.79%33.74%58.67%47.19%47.25%
Net Income83.61M255.95M306.92M271.26M517.65M554.05M565.16M590.21M257.97M444.76M526.52M297.71M519.82M394.59M922.73M1.14B748.14M1.15B798.80M1.46B242.40M743.47M140.17M828.43M880.39M628.49M
Net Income Margin26.16%51.92%45.03%33.79%41.99%36.16%35.14%32.10%13.91%22.16%22.98%11.76%13.09%12.93%23.75%25.21%19.02%18.40%15.38%22.86%4.77%13.26%1.89%14.53%12.63%9.52%
R&D--750.00K---------3.67M2.24M876.00K968.00K2.20M300.00K200.00K-2.45M369.62K500.00K-500.00K5.02M
R&D as % of Total Revenue--0.11%---------0.09%0.07%0.02%0.02%0.06%0.00%0.00%-0.05%0.01%0.01%-0.01%0.08%
Interest Expense52.57M54.30M46.83M47.01M42.07M60.20M105.64M110.08M515.27M493.52M636.34M927.78M1.19B1.33B1.24B1.11B1.40B1.59B1.75B1.56B1.44B1.36B1.22B1.09B897.59M732.16M
Interest Expense % of Total Revenue16.45%11.02%6.87%5.86%3.41%3.93%6.57%5.99%27.79%24.58%27.77%36.65%29.89%43.54%32.01%24.37%35.49%25.50%33.60%24.41%28.41%24.23%16.46%19.07%12.88%11.10%

Balance Sheet

Currency: CNY2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets2.28B2.72B3.25B4.74B5.42B6.54B11.65B16.64B19.15B21.95B28.35B30.38B31.04B35.35B39.31B47.41B48.36B50.24B50.15B48.81B47.48B46.82B49.71B50.06B52.20B53.55B
Total Liabilities1.09B1.28B1.51B993.96M1.68B2.34B7.00B11.40B13.66B16.13B22.08B24.02B24.22B28.36B31.57B35.27B36.07B36.93B38.94B36.61B35.51B34.42B37.09B35.30B37.00B37.91B
Total Equity1.18B1.44B1.75B3.75B3.74B4.19B4.65B5.23B5.47B5.80B6.25B6.34B6.80B6.97B7.73B12.11B12.26B13.26B11.12B12.12B11.88B12.35B12.59B14.76B15.21B15.63B
Cash17.96M183.20M757.13M2.13B1.05B834.18M2.12B1.35B2.01B2.34B3.05B2.14B2.03B3.63B2.66B3.09B1.73B1.92B2.72B1.27B954.08M1.19B960.54M482.67M497.42M477.46M
Total Debt1.00B950.00M1.18B830.00M1.48B2.05B6.33B8.49B11.58B13.88B16.98B18.98B20.07B23.66B26.20B27.05B24.64B29.60B30.48B30.50B31.79B30.88B32.97B26.92B31.76B-
Net Debt982.04M766.80M422.87M-1.30B425.47M1.21B4.21B7.13B9.57B11.54B13.92B16.85B18.04B20.03B23.54B23.95B22.91B27.68B27.76B29.22B30.83B29.69B32.01B26.44B31.26B31.58B

Cash Flow

Currency: CNY2001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-491.30M471.44M721.29M1.01B967.39M977.72M1.22B761.27M2.33B1.85B1.86B2.18B2.54B2.57B3.37B2.92B4.61B3.24B2.27B2.84B1.98B2.53B2.11B2.46B
Investing Cash Flow--99.00M-431.13M-1.88B-1.64B-3.66B-3.50B-3.04B-2.18B-4.05B-3.55B-1.84B-2.63B-4.66B-5.85B-3.29B-3.67B304.54M-1.03B-1.03B-79.71M-3.63B-1.08B-2.91B-
Financing Cash Flow-181.63M1.33B78.48M416.63M3.98B1.75B2.47B1.76B2.43B784.44M-132.09M2.04B1.14B3.71B-1.45B940.06M-4.32B-3.74B-1.42B-2.56B1.45B-1.90B816.08M-
Capital Expenditure099.00M397.93M1.90B1.64B3.68B3.63B2.28B2.44B4.12B3.14B1.54B2.62B4.38B6.29B2.81B2.13B1.15B1.01B957.81M350.79M3.54B1.20B3.05B1.91B
Free Cash Flow-392.30M73.51M-1.18B-633.09M-2.71B-2.65B-1.06B-1.68B-1.78B-1.29B327.10M-438.15M-1.84B-3.72B563.02M781.10M3.46B2.23B1.31B2.49B-1.56B1.33B-941.93M550.38M
Dividends Paid-48.37M47.46M566.63M163.37M279.27M395.69M635.71M758.57M861.57M1.22B1.22B1.54B1.61B1.90B2.14B1.95B2.47B244.96M130.35M78.66M224.74M1.33B1.51B1.41B
FCF to OCF-79.85%15.59%-163.03%-62.79%-280.63%-271.29%-87.10%-220.30%-76.58%-70.00%17.55%-20.11%-72.40%-144.52%16.70%26.79%74.96%68.90%57.81%87.64%-78.75%52.59%-44.62%22.41%
Dividend Paid to FCF-12.33%64.57%-48.19%-25.81%-10.29%-14.92%-59.86%-45.23%-48.27%-94.61%372.54%-351.61%-87.50%-51.00%379.30%250.26%71.43%10.99%9.93%3.16%-14.39%99.95%-159.88%255.62%

Earnings

Report DateMar 31, 2007Jun 30, 2007Sep 30, 2007Dec 31, 2007May 28, 2008Jun 3, 2009Sep 2, 2009Dec 2, 2009Mar 3, 2010Jun 2, 2010Sep 1, 2010Dec 1, 2010Mar 2, 2011Jun 1, 2011Aug 31, 2011Nov 30, 2011Feb 29, 2012May 30, 2012Aug 29, 2012Oct 26, 2012Feb 27, 2013Apr 25, 2013Aug 13, 2013Nov 27, 2013Feb 26, 2014May 28, 2014Sep 3, 2014Dec 3, 2014Feb 25, 2015Jun 3, 2015Sep 2, 2015Dec 2, 2015Mar 2, 2016Jun 1, 2016Aug 24, 2016Oct 28, 2016Apr 19, 2017Aug 18, 2017Oct 30, 2017Feb 28, 2018Apr 26, 2018Aug 16, 2018Oct 31, 2018Apr 30, 2019Aug 24, 2019Oct 29, 2019Apr 30, 2020Aug 29, 2020Oct 31, 2020Apr 28, 2021Aug 30, 2021Nov 1, 2021Apr 30, 2022Aug 13, 2022Oct 29, 2022Apr 29, 2023Aug 12, 2023
EPS Estimate-------------------0.02-0.020.02----------------------------------
EPS Actual0.080.080.040.060.050.050.060.070.020.070.080.070.010.040.040.050.000.040.030.050.100.010.070.050.010.050.090.100.160.090.260.140.020.070.100.120.200.020.140.040.120.070.160.210.180.210.060.070.180.050.130.06-0.010.090.030.170.10
Surprise-------------------150.00%--50.00%250.00%----------------------------------
Timing-------------------After-hours-After-hoursAfter-hours-----------After-hoursPre-marketPre-marketPre-marketAfter-hours-After-hours-----------Pre-market----

Key Statistics & Ratios

Market Cap8.70B
Enterprise Value42.30B
Trailing P/E15.48
Forward P/E0.00
Price / Sales1.36
Price / Book0.56
EPS0.25
Book Value6.87
Revenue (TTM)6.42B
Gross Profit (TTM)1.58B
EBITDA2.28B
Profit Margin10.16%
Operating Margin37.06%
Return on Equity4.23%
Return on Assets1.38%
Shares Outstanding2.25B
Shares Float848.65M
Beta0.30
Dividend Yield3.10%
Dividend Rate0.12
Payout Ratio68.94%

Dividends

20231×
0.02May 29, 2023
20221×
0.10Jul 15, 2022
20211×
0.04Jul 15, 2021
20201×
0.06Jul 10, 2020
20191×
0.11Jul 12, 2019
20181×
0.17Jul 13, 2018
20171×
0.09Jul 4, 2017
20161×
0.16Jul 18, 2016
20151×
0.12Jun 18, 2015
20141×
0.06Jul 10, 2014
20131×
0.10Jul 2, 2013
20121×
0.01Jun 28, 2012
20111×
0.10Jul 27, 2011
20101×
0.06Jun 1, 2010
20091×
0.05Jun 12, 2009
20081×
0.02Jul 7, 2008
20062×
0.07Jun 30, 20060.92Jun 21, 2006
20051×
0.05Jul 27, 2005
20041×
0.23Jul 9, 2004

Stock Splits

  • Jun 28, 201221:20
  • Jun 12, 2009101:100
  • Jul 7, 200823:20
  • Jul 5, 2007117:100
  • Jun 30, 20063:2