Anhui Expressway Company Limited Class A

Anhui Expressway Company Limited Class A

1.84
EUR
0.00
(0.00%)
0.13EPS
12.64P/E
3.47BMarket Cap
Oct 30Next 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
1.14
1.15
1.19
1.23
1.4
1.46
1.45
1.44
1.92
2.55
3.25
3.78
3.25
3.05
Basic EPS, GAAP
0.42
0.42
0.46
0.46
0.54
0.55
0.54
0.43
0.74
0.71
0.81
0.94
0.91
1.01
Free Cash Flow per Basic Share
0.19
0.45
0.32
0.6
0.33
0.34
0.29
0.56
0.82
0.3
0.26
0.33
0.65
- -
Dividend per Share
0.23
0.26
0.23
0.23
0.23
0.23
0.25
0.23
0.25
0.57
0.56
0.6
0.62
0.19
Book Value per Share
3.46
3.73
3.98
4.26
4.6
4.94
5.27
5.64
5.59
5.85
6.21
8.03
6.1
6
Tangible Book Value per Share
-0.91
-0.75
-0.51
-0.23
-0.27
-0.09
-0.21
-1.1
-0.87
-0.75
-1.16
-1.34
-3.24
-3.4
Basic Weighted Avg Shares
2,039
2,039
2,039
2,039
2,039
2,039
2,039
2,039
2,039
2,039
2,039
2,039
2,070
1,795
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
5,482
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
47.23
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
1,817
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
28.69
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
33.14
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
24
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
13,803
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
13,860
Return on Invested Capital (%)
8.83
8.41
9.53
8.31
9.31
8.89
7.9
5.7
9.63
7.52
8.23
8.22
6.82
6.54
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
7.4
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
14.71

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
709
775
821
LT Borrowings
13,114
13,711
13,803
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,100
2,100
2,100
Market Capitalization
23,997
27,129
26,862

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
5,551
4,037
4,422
Cash, Cash Equivalents & STI
5,372
3,558
4,257
Accounts Receivable, Net
- -
- -
- -
Inventories
4
5
4
Total Current Liabilities
2,999
2,966
4,397
Payables & Accruals
- -
- -
- -
ST Debt
709
775
821
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

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

CNY

•

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
1,653
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.26
0.21
0.2
0.27
0.94
2025
0.27
0.25
- -
0.23
0.91
2026
0.26
0.28
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.09
0.03
0.51
0.04
0.6
2025
0.03
0.04
- -
0.05
0.62
2026
0.05
0.05
- -
- -
- -

Company Description

CEO
Yong Yu
Full Time Employees
2,085
Sector
Transportation
Industry
Other transportation
Address
520 Wangjiang West Road Hefei AN China 230088
IPO Date
Nov 13, 1996
Business
Anhui Expressway Company Limited (600012.SS) operates as a leading toll road operator in China, primarily engaged in the investment, construction, operation, and management of expressways; toll collection services; and related infrastructure development. The company manages a portfolio of key expressways including the Hefei-Chizhou, Chuzhou-Anhui Provincial Boundary, and Shouxian-Lu'an highways, along with service area operations, road maintenance, and ancillary businesses such as advertising, real estate leasing, and fuel stations along its routes. Founded in 1996 and headquartered in Hefei, Anhui province, it focuses on the transportation infrastructure sector, serving vehicular traffic across eastern and central China with a network spanning over 1,000 kilometers in Anhui and adjacent regions. In recent developments, the company expanded its operations through strategic asset injections and partnerships, including the 2024 acquisition of additional toll road sections to enhance network connectivity; launched digital tolling initiatives with provincial authorities for improved efficiency; and reported robust funding from bond issuances supporting maintenance and expansion projects amid China's infrastructure push. These changes position Anhui Expressway for sustained revenue growth from traffic volume increases and service diversification.