Zhejiang Expressway Co Ltd Class H 00576
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Trading Information
- Previous Close Price
- HKD 5.23
- Day Range
- HKD 5.15–5.27
- 52-Week Range
- HKD 4.72–6.25
- Bid/Ask
- HKD 5.18 / HKD 5.19
- Market Cap
- HKD 31.05 Bil
- Volume/Avg
- 6.7 Mil / 9.1 Mil
Key Statistics
- Price/Earnings (Normalized)
- 5.38
- Price/Sales
- 1.36
- Dividend Yield (Trailing)
- 6.80%
- Dividend Yield (Forward)
- 6.80%
- Total Yield
- 6.74%
Company Profile
Zhejiang Expressway Co Ltd is a Chinese infrastructure company which, through its subsidiaries, develops, maintains, and operates high-grade roads. The company organizes itself into three segments: toll road business, securities business, and other business. The company derives the majority of revenue and earnings from the toll road business. The securities business, the next segment, provides brokerage services, including advisory, margin lending, and asset management. The company earns the entirety of revenue domestically.
- Sector
- Industrials
- Industry
- Infrastructure Operations
- Stock Style Box
- Large Value
- Total Number of Employees
- 10,653
- Website
- https://www.zjec.com.cn
Comparables
Valuation
|
Metric
|
00576
|
600269
|
601518
|
|---|---|---|---|
Price/Earnings (Normalized) | 5.38 | 9.74 | 9.54 |
Price/Book Value | 0.71 | 0.64 | 0.99 |
Price/Sales | 1.36 | 1.55 | 3.54 |
Price/Cash Flow | 2.59 | 4.48 | 5.28 |
Price/Earnings
00576
600269
601518
Financial Strength
|
Metric
|
00576
|
600269
|
601518
|
|---|---|---|---|
Quick Ratio | 0.96 | — | 1.65 |
Current Ratio | 1.48 | — | 1.96 |
Interest Coverage | 4.56 | — | 202.55 |
Quick Ratio
00576
600269
601518
Profitability
|
Metric
|
00576
|
600269
|
601518
|
|---|---|---|---|
Return on Assets (Normalized) | 2.67% | 3.05% | 9.22% |
Return on Equity (Normalized) | 15.74% | 6.26% | 12.08% |
Return on Invested Capital (Normalized) | 6.03% | 5.24% | 11.23% |
Return on Assets
00576
600269
601518
Infrastructure Operations Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
FER
| Ferrovial SE | — | Ldd | $27.4 Bil | |
TRAUF
| Transurban Group | — | Sbbf | $26.0 Bil | |
JEXYF
| Jiangsu Expressway Co Ltd Class H | — | Tyldw | $7.6 Bil | |
JEXYY
| Jiangsu Expressway Co Ltd ADR | — | Jbtr | $7.6 Bil | |
MAQAF
| Atlas Arteria Ltd | — | Svtmc | $5.3 Bil | |
VRRM
| Verra Mobility Corp Class A | — | Mvyshpy | $4.5 Bil | |
PUODY
| Promotora Y Operadora de Infraestructura SAB de CV ADR | — | Tyw | $4.1 Bil | |
ZHEXF
| Zhejiang Expressway Co Ltd Class H | — | Sql | $4.0 Bil | |
SHZNY
| Shenzhen Expressway Corp Ltd ADR | — | Zxwy | $2.9 Bil | |
PTJSF
| PT Jasa Marga (Persero) Tbk Class B | — | Phggn | $2.3 Bil |