1. People's Republic of China Stocks

  2. •

    Industrials

  3. •

    Industrial - Infrastructure Operations
Anhui Expressway Company Limited

Anhui Expressway Company Limited

AUHEF
Anhui Expressway Company LimitedUS flagOther OTC
1.27
USD
- -
- -
2.17BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.4
1.41
1.46
1.51
1.73
1.79
1.78
1.77
2.36
3.14
4
4.64
3.99
4.69
Basic EPS, GAAP
0.51
0.52
0.57
0.56
0.66
0.68
0.66
0.52
0.91
0.87
1
1.15
1.12
1.1
Free Cash Flow per Basic Share
0.23
0.55
0.39
0.74
0.4
0.42
0.35
0.69
1.01
0.37
0.32
0.4
0.79
- -
Dividend per Share
0.28
0.32
0.28
0.29
0.28
0.29
0.31
0.29
0.31
0.7
0.69
0.73
0.77
0.73
Book Value per Share
4.26
4.58
4.89
5.23
5.65
6.07
6.47
6.94
6.87
7.19
7.63
9.87
7.49
6.99
Tangible Book Value per Share
-1.12
-0.92
-0.63
-0.29
-0.34
-0.11
-0.26
-1.36
-1.06
-0.92
-1.43
-1.65
-3.98
-4.64
Basic Weighted Avg Shares
1,659
1,659
1,658
1,659
1,659
1,659
1,659
1,659
1,659
1,659
1,659
1,659
1,684
1,659
Sales/Revenue/Turnover
2,330
2,340
2,427
2,499
2,861
2,967
2,946
2,934
3,921
5,206
6,631
7,698
6,722
7,780
Operating Margin (%)
54.12
52.8
52.74
52.18
55.01
53.17
52.77
43.58
55.67
39.82
36.61
33.24
40.96
31.39
Depreciation Expense
588
616
619
690
687
723
715
940
931
942
922
1,062
1,359
- -
Net Income, GAAP
848
861
938
933
1,091
1,123
1,098
869
1,514
1,445
1,660
1,907
1,877
1,820
Effective Tax Rate (%)
24.11
25.94
23.27
27.04
29.52
29.14
32.11
30.99
27.08
28.47
25.96
24.13
28.72
24.09
Profit Margin (%)
36.39
36.8
38.64
37.34
38.14
37.85
37.25
29.63
38.62
27.75
25.03
24.78
27.93
23.39
Working Capital
-1,574
-513
153
1,330
1,126
1,262
641
2,401
1,687
3,836
2,807
4,106
2,552
2,755
LT Debt
577
851
1,053
1,650
1,667
1,563
1,813
1,642
4,726
6,202
5,960
7,881
13,114
13,303
Total Equity
7,894
8,450
8,907
9,420
10,030
10,581
11,570
12,141
11,945
13,505
14,115
17,903
14,205
13,362
Return on Invested Capital (%)
9.23
8.88
9.66
8.72
9.51
9.07
7.9
6.14
9.92
7.89
8.78
8.28
7.21
7.73
Return on Capital (%)
8.43
9.36
9.32
9.61
10.1
10.22
9.22
7.09
10.57
8.78
8.82
8.64
7.79
8.2
Return on Common Equity (%)
12.47
11.74
11.93
11.11
12.09
11.55
10.55
7.82
13.23
12.4
13.51
13.14
12.87
14.91

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
292
420
472
LT Borrowings
7,881
12,820
13,303
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,659
1,659
1,709
Market Capitalization
14,896
15,291
15,549

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
5,638
5,288
6,130
Cash, Cash Equivalents & STI
4,821
4,975
5,650
Accounts Receivable, Net
- -
- -
- -
Inventories
4
4
4
Total Current Liabilities
1,532
2,372
3,375
Payables & Accruals
- -
- -
- -
ST Debt
292
420
472
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.41%
4.43%
-20.66%
Free Cash Flow
22.21%
18.89%
99.32%
Net Income, GAAP
9.41%
19.57%
-1.57%
Sales/Revenue/Turnover
11.72%
19.44%
-12.68%
Total Cash Common Dividend
14.63%
28.57%
6.12%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,444
1,766
1,990
2,048
7,698
2025
2,821
920
1,336
- -
6,722
2026
1,574
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.32
- -
- -
- -
1.15
2025
0.33
- -
- -
- -
1.12
2026
0.31
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.11
- -
- -
- -
0.73
2025
0.03
- -
- -
- -
0.77
2026
0.06
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Xiaowen Wang
Full Time Employees
2,085
Sector
Industrials
Industry
Industrial - Infrastructure Operations
Address
520 Wangjiang West Road Hefei AN People's Republic of China 230088
IPO Date
Jan 5, 2010
Website
anhui-expressway.net
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Business
Anhui Expressway Company Limited engages principally in the investment, construction, operation, and management of toll roads within Anhui province in the People's Republic of China. Incorporated on August 15, 1996, and headquartered at 520 Wangjiang West Road, Hefei, Anhui province, the company operates a portfolio of expressways and related infrastructure, including the Hening Expressway (Hening section of G40 Shanghai-Shaanxi Expressway); Gaojie Expressway (G50 Shanghai-Chongqing Expressway Gaojie section); Xuanguang Expressway (G50 Shanghai-Chongqing Expressway Xuanguang section); Guangci Expressway (G50 Shanghai-Chongqing Expressway Guangci section); Ninghuai Expressway Tianchang section; Lianhuo Expressway Anhui section (G30 Lianhuo Expressway Anhui section); National Trunk 205 Tianchang Section New Line; Ningxuanhang Expressway; Anqing Yangtze River Highway Bridge; and Yuewu Expressway Anhui section, among others; it provides toll collection services, road maintenance, safety operations, and ancillary activities such as pawn loans. All operations focus on the Anhui provincial market, serving vehicular traffic with revenue derived exclusively from mainland China customers. In March 2025, the company completed the acquisition of 100% equity interests in Anhui Fuzhou Expressway Co., Ltd. and Anhui Sixu Expressway Co., Ltd. from Anhui Transportation Holding Group Co., Ltd. for CNY 4.77 billion, expanding its toll road assets. In October 2025, it entered into an agreement to acquire a 7% stake in Shandong Hi-Speed Group Co., Ltd. (SDHS) for approximately CNY 3.02 billion, aiming to deepen strategic cooperation in transportation infrastructure; earlier in 2025, it joined a consortium awarded the Bozhou-Dancheng Expressway Bozhou section project.