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Qilu Expressway Co., Ltd. Class H

Qilu Expressway Co., Ltd. Class H

HHKEX:1576
1.67
HKD
+0.00
(-0.30%)
3.60BMarket Cap
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
0.43
0.5
0.52
0.53
0.82
0.84
1
1.47
2.8
3.51
1.19
- -
Basic EPS, GAAP
0.13
0.22
0.26
0.24
0.3
0.31
0.43
0.39
0.26
0.24
0.19
- -
Free Cash Flow per Basic Share
0.25
0.37
0.32
0.36
0.54
0.52
0.61
-0.38
-1.73
-1.9
-0.17
- -
Dividend per Share
0.12
0.06
0.14
0.22
0.13
0.16
0.18
0.18
0.18
0.15
0.1
- -
Book Value per Share
1.28
1.49
1.65
1.77
2.47
1.45
1.7
2.8
2.96
3.04
3.12
3.12
Tangible Book Value per Share
-0.82
-0.51
-0.26
0.41
-0.5
-1.36
-0.99
-0.3
-2.27
-5.16
-4.87
-4.87
Basic Weighted Avg Shares
2,000
2,000
2,000
1,726
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
Sales/Revenue/Turnover
862
1,000
1,045
922
1,632
1,690
1,995
2,931
5,609
7,022
2,375
- -
Operating Margin (%)
50.28
65.76
67.36
59.69
55.23
54.76
62.93
36.96
12.54
8.99
30.14
- -
Depreciation Expense
188
191
184
186
377
400
345
301
284
245
714
- -
Net Income, GAAP
250
443
528
409
596
621
853
782
525
485
383
- -
Effective Tax Rate (%)
25.1
25.03
25.15
24.98
25.09
24.96
25.26
25.1
25.18
24.17
25.47
- -
Profit Margin (%)
29.04
44.33
50.54
44.32
36.5
36.74
42.77
26.67
9.36
6.9
16.13
- -
Working Capital
-194
-48
60
967
279
-344
-72
1,305
183
-2,790
-1,770
-1,770
LT Debt
1,285
925
540
245
1,643
2,799
2,297
3,495
6,624
9,832
10,503
10,503
Total Equity
1,939
2,257
2,477
3,532
4,949
2,899
3,392
5,728
6,052
6,225
6,427
6,427
Return on Invested Capital (%)
- -
13.94
15.35
11.55
12.25
10.48
15.16
10.3
4.55
3.16
3.14
- -
Return on Capital (%)
- -
14
16.36
11.82
12.34
10.75
15.45
10.95
4.98
3.49
3.4
- -
Return on Common Equity (%)
- -
21.37
22.43
13.6
14.05
15.82
27.13
17.37
9.11
8.07
6.21
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
844
893
539
LT Borrowings
9,768
10,468
10,429
LT Finance Leases
64
68
74
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,000
2,000
2,000
Market Capitalization
4,322
3,924
3,235

Working Capital

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
2,062
1,916
1,587
Cash, Cash Equivalents & STI
900
321
448
Accounts Receivable, Net
537
540
558
Inventories
26
57
48
Total Current Liabilities
4,852
4,022
3,357
Payables & Accruals
- -
- -
- -
ST Debt
844
893
539
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
16.51%
19.53%
3.25%
Free Cash Flow
22.82%
25.65%
-91.02%
Net Income, GAAP
9.12%
-6.49%
-20.98%
Sales/Revenue/Turnover
20.47%
23.07%
-66.18%
Total Cash Common Dividend
- -
- -
-33.33%

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
5,609
2024
- -
- -
7,022
2025
- -
- -
2,375

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.26
2024
- -
- -
0.24
2025
- -
- -
0.19

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.18
2024
- -
- -
0.15
2025
- -
- -
0.1

Company Description

Company Profile APIChatGPT
CEO
Peng Duan
Full Time Employees
678
Sector
Industrial services
Industry
Engineering & construction
Address
Zn 3, Hanyu Financial & Business Centre Jinan SD China 100000
IPO Date
Jul 19, 2018
Website
qlecl.com
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Business
Qilu Expressway Company Limited Qilu Expressway Company Limited (1576.HK) is a China-based company principally engaged in the construction, maintenance, operation and management of expressways in Shandong Province. The company operates key toll road assets including the Jihe Expressway (G35, approximately 153.6 kilometers connecting Jinan to Heze), Deshang Expressway (G0321, Liaocheng section) and Shennan Expressway (S28), totaling 240.8 kilometers; it also provides ancillary services such as leasing of communication signal transmission pipelines and billboards along highways, provision of outdoor advertising, sales of construction materials and industrial products, highway maintenance projects, municipal greening, and construction contracting through subsidiaries like Shandong Shunguang Industrial Development Company Limited, Shandong Gangtong Construction Co., Ltd., Qilu Expressway (Shandong) Assembly Co., Ltd., Qilu Expressway (Shandong) Investment Management Company Limited, and Qilu Expressway (Shandong) Energy Technology Company Limited. Founded in 2004 and headquartered in Jinan, Shandong Province, the company primarily serves the domestic Chinese market, focusing on the Bohai Economic Rim and connections to major economic zones like the Yangtze River Delta and Pearl River Delta; it functions as a Hong Kong-listed entity under Shandong Hi-Speed Group with around 672 employees and 10 functional headquarters departments overseeing operations. Recent developments include the announcement of a final cash dividend for the year ended December 31, 2024, payable on August 29, 2025, alongside an extraordinary general meeting scheduled for December 12, 2025, in Jinan, and the renewal of the Financial Services Framework Agreement with Shandong Hi-Speed dated November 23, 2023, supporting ongoing operational synergies; the company reported revenue of HKD 7.64 billion and net income of HKD 527.35 million for the trailing twelve months as of recent filings, with a focus on enhancing expressway efficiency amid China's infrastructure priorities.