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    Other transportation
Jiangsu Expressway Co. Ltd. Class A

Jiangsu Expressway Co. Ltd. Class A

1.04
EUR
- -
- -
Oct 28Next Earn
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
1.05
1.22
1.21
1.27
1.3
1.37
1.39
1.11
1.97
1.83
2.09
3.2
2.8
- -
Basic EPS, GAAP
0.37
0.31
0.35
0.46
0.49
0.6
0.58
0.34
0.59
0.51
0.61
0.68
0.63
- -
Free Cash Flow per Basic Share
0.39
0.46
0.51
0.67
-0.3
0.3
0.13
-0.15
0.13
0.21
0.49
-0.62
-0.12
- -
Dividend per Share
0.29
0.38
0.37
0.35
0.36
0.4
0.38
0.42
0.44
0.47
0.47
0.46
0.46
0.09
Book Value per Share
2.7
2.9
2.82
3.06
3.24
3.6
3.93
3.89
4.42
4.4
4.68
5.32
5.71
5.72
Tangible Book Value per Share
0.53
-0.43
-0.24
0.12
0.49
0.81
1.33
-1.04
-0.7
-0.99
-0.81
-1.29
-1.68
-1.91
Basic Weighted Avg Shares
7,257
7,258
7,257
7,257
7,257
7,257
7,257
7,258
7,257
7,257
7,257
7,257
7,257
6,148
Sales/Revenue/Turnover
7,614
8,831
8,761
9,201
9,456
9,969
10,078
8,032
14,261
13,256
15,192
23,198
20,289
- -
Operating Margin (%)
46.39
41.4
43.83
48.2
51.14
49.94
50.79
37.73
33.33
29.94
34.86
24.52
28.54
- -
Depreciation Expense
964
1,413
1,356
1,297
1,417
1,465
1,565
1,628
2,171
2,046
2,524
2,541
2,598
- -
Net Income, GAAP
2,708
2,228
2,507
3,346
3,588
4,377
4,200
2,464
4,280
3,724
4,413
4,947
4,594
- -
Effective Tax Rate (%)
23.48
26.02
10.54
22.19
21.83
20.82
22.12
22.11
23.17
18.18
18.73
18.15
21.03
- -
Profit Margin (%)
35.56
25.23
28.61
36.37
37.94
43.9
41.67
30.68
30.01
28.09
29.05
21.32
22.64
- -
Working Capital
-718
-3,371
-5,387
-2,828
-4,121
-951
-7,095
-6,496
-4,938
-4,259
-813
-7,793
-4,729
-2,043
LT Debt
1,262
6,667
4,839
5,930
7,844
11,672
9,333
13,542
21,971
26,046
27,452
20,374
25,677
30,083
Total Equity
20,098
21,700
21,186
22,942
25,895
29,354
32,683
33,049
37,638
37,950
40,889
49,734
54,981
55,379
Return on Invested Capital (%)
11.15
8.05
10.38
11.79
10.82
10.99
9.51
5.21
7.71
5.79
6.56
6.83
5.93
- -
Return on Capital (%)
11.81
8.36
10.23
12.55
11.39
11.53
9.88
5.71
8.84
7.09
7.24
7.27
6.17
- -
Return on Common Equity (%)
14.15
10.97
12.08
15.68
15.69
17.63
15.36
8.68
14.21
11.64
13.39
13.63
11.48
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
3,235
2,635
2,282
LT Borrowings
25,647
28,536
30,053
LT Finance Leases
30
30
30
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
7,257
7,257
7,257
Market Capitalization
- -
- -
- -

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
6,747
8,537
10,055
Cash, Cash Equivalents & STI
2,452
4,389
5,696
Accounts Receivable, Net
2,100
2,156
2,155
Inventories
1,876
1,811
1,790
Total Current Liabilities
11,476
9,788
12,097
Payables & Accruals
- -
- -
- -
ST Debt
3,235
2,635
2,282
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.16%
10.93%
10.55%
Free Cash Flow
-87.9%
-57.49%
-80.73%
Net Income, GAAP
10.15%
16.83%
-7.13%
Sales/Revenue/Turnover
11.93%
25.05%
-12.54%
Total Cash Common Dividend
2.23%
1.75%
-0.29%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,473
6,487
4,099
9,140
23,198
2025
4,782
4,624
- -
7,308
20,289
2026
4,528
4,766
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.17
0.3
0.27
0.16
0.68
2025
0.17
0.24
- -
0.15
0.63
2026
0.19
0.16
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.05
0.52
0.05
0.46
2025
0.04
0.04
- -
0.02
0.46
2026
0.04
0.02
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Feng Wang
Full Time Employees
4,463
Sector
Transportation
Industry
Other transportation
Address
No. 6 Xianlin Avenue Nanjing JS China 210049
IPO Date
Jun 27, 1997
Website
jsexpressway.com
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Business
Jiangsu Expressway Company Limited engages in the investment, construction, operation, and management of toll roads and bridges primarily within Jiangsu Province, China. Its core assets include expressways such as the Jiangsu section of the Shanghai-Nanjing Expressway, Ningchang, Zhenli, Guangjing, Xicheng, Xiyi, Zhendan, Sujiahang, and Changjia Expressways, in addition to key bridge projects like Jiangyin Yangtze River Bridge and Wufengshan Bridge. The company provides supporting services including passenger transportation, operation of service zones, advertising, agriculture, technology promotion, clean energy power generation and sales, petroleum product sales, and property development and management. Founded in 1992 and headquartered in Nanjing, Jiangsu, it serves a broad customer base across its extensive expressway network. Recent major developments include Jiangsu Expressway's strategic capital injection of approximately RMB 2.6 billion into its Danjin Expressway unit, aimed at infrastructure expansion and enhancement. The company has adopted electronic toll collection alongside manual methods to improve traffic efficiency. In 2025, Jiangsu Expressway is initiating significant corporate governance changes, including the abolition of its Supervisory Committee and amendments to its Articles of Association to strengthen compliance and governance structures. It also approved an ordinary final cash dividend for the fiscal year ended 2024, reflecting robust financial performance. The company continues expanding its infrastructure footprint with substantial capital allocation toward new expressway projects and capacity enhancements, aligning with its mission of quality service, safety, and sustainability across its Jiangsu operations. Jiangsu Expressway is a subsidiary of Jiangsu Communications Holding Co., Ltd and operates an integrated transportation infrastructure business critical to regional connectivity and economic development in eastern China. The company combines traditional toll road operations with diversified ancillary businesses including passenger transport services and environmental energy initiatives, positioning it as a comprehensive expressway operator with a focus on innovation and sustainable growth. Its governance and operational adjustments in 2025 reflect ongoing efforts to adapt to evolving market and regulatory demands while maintaining leadership in the expressway sector.