Zhejiang Expressway Co (ZHEH)
market vs.
industry GROWTH & VALUE
| 12m Forecast Rolling | ||||
| PE Ratio (f) | 12.2 |
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| Price to Book Value | 1.36 |
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market vs.
industry QUALITY
| Year End 31st Dec | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | TTM | 2013E | 2014E | CAGR / Avg | |
| Revenue | CNYm | ||||||||||
| Operating Profit | CNYm | ||||||||||
| Net Profit | CNYm | ||||||||||
| EPS Reported | CNY | ||||||||||
| EPS Normalised | CNY | ||||||||||
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| Capex ps | CNY | ||||||||||
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| Last ex-div: 25th Jun, paid: 31st Jul more... Dividends | |||||||||||
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| Net Debt | CNYm | ||||||||||
| Book Value | CNYm | ||||||||||
| Average Shares | m | ||||||||||
| Book Value ps | CNY | +3.3% | |||||||||
FINANCIAL BRIEF: For the three months ended 31 March 2013, Zhejiang Expressway Co., Ltd. revenues increased 6% to RMB1.68B. Net income increased 6% to RMB440.1M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income also reflects Securities investment gains increase from RMB15.2M to RMB40.1M (income). Basic Earnings per Share excluding Extraordinary Items remained flat at RMB0.10. more »
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market vs.
industry RECENT HISTORY
| Latest interim period (ended 31st Mar '13) vs. prior year | ||||
| Sales Growth | % |
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BROKER CONSENSUS & FORECAST TREND
| Recommendation: | Strong Sell | Sell | Hold | Buy | Strong Buy |
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| No. of Analysts: | 0 | 0 | 10 | 5 | 3 |
Zhejiang Expressway Co., Ltd. is an investment holding company. The Company is an infrastructure company engaged in investing in, developing and operating high-grade roads. The Company’s principal activities consist of the operation, maintenance and management of high grade roads; the development and provision of certain ancillary services such as advertising, automobile servicing and fuel facilities; and the provision of securities broking services and trading. The Company operates in three segments: toll operation segment, engaged in the operation and management of high grade roads and the collection of the expressway tolls; service area and advertising businesses segment, engaged in the sale of food, restaurant operation, automobile servicing, operation of petrol stations and design and rental of advertising billboards along the expressways, and securities operation segment, engaged in the securities broking and trading.
Directors: Jisong Chen (Chmn.) 61, Junyi Wu (CFO) 44, Xiaozhang Zhan (Exec. Dir.) 49, Huikang Ding (Exec. Dir.) 58, Wenyao Jiang (Exec. Dir.) 47, Jingzhong Zhang (Exec. Dir.) 50, Tony Zheng (Secy.) 44,
No. of Employees: 6,127 No. of Shareholders: n/a
| Last Annual | December 31st, 2012 |
| Last Interim | March 31st, 2013 |
| Shares in Issue | 4,343,114,500 |
| Free Float | 1.43bn (33.0%) |
| Sector | Industrials |
| Industry | Transport Infrastructure |
| Index | |
| Exchange |
London Stock Exchange |
| Eligible for | an ISA? a SIPP? |
| Address | No112 FBlck A Huanglong Century Plza,Hangda Road, HANGZHOU, 310007, China |
| Web | http://www.zjec.com.cn |
| Phone | +86 571 87985588 |
| Contact | Tony ZHENG (Secy.) |
| Registrar | Hong Kong Registrars Limited |
| Auditors | Deloitte Touche Tohmatsu LLC |
