Zhejiang Expressway Co., Ltd. ZHEXF

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Price alert · ZHEXF

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0.93 USD +0.20 +27.15%

At close · Oct 30

0.9282 Day range 0.9282
0.71 52-week range 1.10
YTD
+4.29%
1 year
-6.24%
Open
0.9282
Prev close
0.73
Mkt cap
5.73B
Vol
3.32K
Avg vol
5.03K
EPS
0.12
P/E
7.74
More statistics
Low
0.9282
High
0.9282

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Financial health

Altman Z-Score

0.42 Distress zone

Bankruptcy-risk model: below 1.81 distress, above 2.99 safe.

Piotroski F-Score

4 / 9 Average

Nine pass/fail tests of profitability, leverage and efficiency.

FMP rating

B3 / 5 overall

  • DCF 1
  • Return on Equity 3
  • Return on Assets 2
  • Debt / Equity 1
  • P/E 4
  • P/B 5

Valuation

P/E 7.4×
FY 2016: 10.4×FY 2017: 9.6×FY 2018: 6.9×FY 2019: 7.0×FY 2020: 9.6×FY 2021: 5.7×FY 2022: 4.7×FY 2023: 4.7×FY 2024: 5.2×FY 2025: 7.4×
FY 2016 5y median 5.2× FY 2025
P/S 1.9×
FY 2016: 3.3×FY 2017: 3.2×FY 2018: 2.5×FY 2019: 2.3×FY 2020: 1.9×FY 2021: 1.6×FY 2022: 1.8×FY 2023: 1.4×FY 2024: 1.6×FY 2025: 1.9×
FY 2016 5y median 1.6× FY 2025
P/B 0.7×
FY 2016: 1.7×FY 2017: 1.5×FY 2018: 1.1×FY 2019: 1.3×FY 2020: 1.0×FY 2021: 1.0×FY 2022: 0.9×FY 2023: 0.6×FY 2024: 0.6×FY 2025: 0.7×
FY 2016 5y median 0.7× FY 2025
P/FCF 14.9×
FY 2016: 7.5×FY 2017: -26.6×FY 2018: 11.4×FY 2019: -42.0×FY 2020: -37.2×FY 2021: 14.2×FY 2022: 4.4×FY 2023: 2.9×FY 2024: 3.5×FY 2025: 14.9×
FY 2016 5y median 4.4× FY 2025
EV/EBITDA 5.1×
FY 2016: 6.1×FY 2017: 6.3×FY 2018: 4.2×FY 2019: 5.9×FY 2020: 10.2×FY 2021: 9.2×FY 2022: 8.7×FY 2023: 7.7×FY 2024: 6.0×FY 2025: 5.1×
FY 2016 5y median 7.7× FY 2025
EV/Sales 2.8×
FY 2016: 4.2×FY 2017: 4.1×FY 2018: 3.8×FY 2019: 4.8×FY 2020: 5.9×FY 2021: 5.5×FY 2022: 5.4×FY 2023: 4.9×FY 2024: 4.8×FY 2025: 2.8×
FY 2016 5y median 4.9× FY 2025
FCF Yield 6.7%
FY 2016: 13.3%FY 2017: -3.8%FY 2018: 8.7%FY 2019: -2.4%FY 2020: -2.7%FY 2021: 7.0%FY 2022: 22.6%FY 2023: 34.9%FY 2024: 28.7%FY 2025: 6.7%
FY 2016 5y median 22.6% FY 2025

Profitability

Gross Margin 34.3%
FY 2016: 52.8%FY 2017: 51.6%FY 2018: 51.0%FY 2019: 44.1%FY 2020: 35.4%FY 2021: 41.5%FY 2022: 38.9%FY 2023: 42.4%FY 2024: 40.1%FY 2025: 34.3%
FY 2016 5y median 40.1% FY 2025
Operating Margin 33.3%
FY 2016: 54.9%FY 2017: 50.1%FY 2018: 54.5%FY 2019: 48.0%FY 2020: 34.2%FY 2021: 40.3%FY 2022: 37.8%FY 2023: 41.3%FY 2024: 39.6%FY 2025: 33.3%
FY 2016 5y median 39.6% FY 2025
Net Margin 27.0%
FY 2016: 31.2%FY 2017: 33.3%FY 2018: 36.7%FY 2019: 31.0%FY 2020: 19.4%FY 2021: 29.3%FY 2022: 33.8%FY 2023: 30.8%FY 2024: 30.5%FY 2025: 27.0%
FY 2016 5y median 30.5% FY 2025
ROE 10.3%
FY 2016: 16.6%FY 2017: 15.5%FY 2018: 15.4%FY 2019: 17.2%FY 2020: 10.0%FY 2021: 17.5%FY 2022: 17.3%FY 2023: 13.1%FY 2024: 11.9%FY 2025: 10.3%
FY 2016 5y median 13.1% FY 2025
ROIC 2.5%
FY 2016: 8.3%FY 2017: 6.9%FY 2018: 6.3%FY 2019: 5.5%FY 2020: 3.4%FY 2021: 4.0%FY 2022: 4.0%FY 2023: 4.1%FY 2024: 3.8%FY 2025: 2.5%
FY 2016 5y median 4.0% FY 2025
ROA 1.8%
FY 2016: 4.1%FY 2017: 4.3%FY 2018: 4.4%FY 2019: 3.5%FY 2020: 1.9%FY 2021: 2.7%FY 2022: 2.8%FY 2023: 2.5%FY 2024: 2.5%FY 2025: 1.8%
FY 2016 5y median 2.5% FY 2025

Growth (YoY)

Revenue 6.5%
FY 2016: -22.2%FY 2017: -1.1%FY 2018: -0.6%FY 2019: 24.9%FY 2020: 4.2%FY 2021: 30.6%FY 2022: -5.7%FY 2023: 10.7%FY 2024: 6.5%FY 2025: 6.5%
FY 2016 FY 2025
Operating Income -10.4%
FY 2016: -5.1%FY 2017: -9.7%FY 2018: 8.0%FY 2019: 10.0%FY 2020: -25.6%FY 2021: 53.8%FY 2022: -11.7%FY 2023: 21.1%FY 2024: 2.1%FY 2025: -10.4%
FY 2016 FY 2025
EPS (diluted) -7.7%
FY 2016: 1.4%FY 2017: 1.4%FY 2018: 8.5%FY 2019: 6.5%FY 2020: -32.9%FY 2021: 87.3%FY 2022: 4.9%FY 2023: -2.8%FY 2024: -13.3%FY 2025: -7.7%
FY 2016 FY 2025
Free Cash Flow -69.3%
FY 2016: 239.5%FY 2017: -127.5%FY 2018: 283.0%FY 2019: -130.5%FY 2020: 1.7%FY 2021: 393.1%FY 2022: 224.4%FY 2023: 38.7%FY 2024: -2.9%FY 2025: -69.3%
FY 2016 FY 2025

Financial Health

Current Ratio 1.3×
FY 2016: 1.2×FY 2017: 1.7×FY 2018: 1.6×FY 2019: 1.4×FY 2020: 1.3×FY 2021: 1.3×FY 2022: 1.4×FY 2023: 1.5×FY 2024: 1.3×FY 2025: 1.3×
FY 2016 5y median 1.3× FY 2025
Quick Ratio 1.3×
FY 2016: 1.2×FY 2017: 1.7×FY 2018: 1.6×FY 2019: 1.4×FY 2020: 1.3×FY 2021: 1.3×FY 2022: 1.4×FY 2023: 1.5×FY 2024: 1.3×FY 2025: 1.3×
FY 2016 5y median 1.3× FY 2025
Debt / Equity 2.2×
FY 2016: 0.9×FY 2017: 0.7×FY 2018: 0.8×FY 2019: 1.8×FY 2020: 2.4×FY 2021: 3.0×FY 2022: 2.7×FY 2023: 2.1×FY 2024: 1.7×FY 2025: 2.2×
FY 2016 5y median 2.2× FY 2025
Net Debt / EBITDA 1.5×
FY 2016: 1.4×FY 2017: 1.4×FY 2018: 1.3×FY 2019: 3.1×FY 2020: 6.9×FY 2021: 6.5×FY 2022: 5.9×FY 2023: 5.5×FY 2024: 4.0×FY 2025: 1.5×
FY 2016 5y median 5.5× FY 2025
Interest Coverage 4.3×
FY 2016: 8.0×FY 2017: 8.8×FY 2018: 6.8×FY 2019: 3.5×FY 2020: 2.0×FY 2021: 3.4×FY 2022: 3.1×FY 2023: 3.3×FY 2024: 4.1×FY 2025: 4.3×
FY 2016 5y median 3.4× FY 2025

Dividends

Dividend Yield 6.2%
FY 2016: 3.8%FY 2017: 5.0%FY 2018: 6.5%FY 2019: 6.0%FY 2020: 6.5%FY 2021: 5.8%FY 2022: 6.1%FY 2023: 6.8%FY 2024: 6.8%FY 2025: 6.2%
FY 2016 5y median 6.2% FY 2025
Payout Ratio 44.4%
FY 2016: 40.0%FY 2017: 48.0%FY 2018: 45.0%FY 2019: 43.8%FY 2020: 63.7%FY 2021: 32.2%FY 2022: 31.5%FY 2023: 31.4%FY 2024: 35.0%FY 2025: 44.4%
FY 2016 5y median 32.2% FY 2025

Annual · latest fiscal year ends 2025-12-31