1. People's Republic of China Stocks

  2. •

    Industrials

  3. •

    Industrial - Infrastructure Operations
Jiangsu Expressway Company Limited

Jiangsu Expressway Company Limited

JEXYY
Jiangsu Expressway Company LimitedUS flagOther OTC
23.59
USD
- -
- -
5.94BMarket Cap
Jiangsu Expressway Company Limited
JEXYY
(Other OTC)

Recent

price

23.59

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
26.82
29.38
30.95
30.23
35.06
34.78
36.53
37.54
39.58
40.01
31.89
56.62
52.62
60.31
92.1
80.55
65.33
Revenue per Share
9.86
9.65
9.26
10.75
8.84
9.95
13.28
14.24
17.38
16.67
9.78
16.99
14.78
17.52
19.64
18.24
13.24
Basic EPS, GAAP
13
14.53
12.01
11.29
13.22
14.65
19.37
-8.6
8.62
3.63
-4.4
3.67
5.91
14.24
-17.81
-3.43
-27.35
Free Cash Flow per Basic Share
7.52
8.37
8.42
8.41
10.9
10.76
10.01
10.35
11.41
10.82
12.12
12.56
13.51
13.52
13.22
13.18
2.21
Dividend per Share
3.49
3.6
3.71
3.89
4.17
4.06
4.41
4.67
5.19
5.67
5.6
6.36
6.34
6.75
7.66
8.23
8.6
Book Value per Share
-0.36
-0.09
0.41
0.77
-0.62
-0.35
0.18
0.71
1.16
1.91
-1.5
-1.01
-1.43
-1.17
-1.86
-2.42
-2.17
Tangible Book Value per Share
252
252
252
252
252
252
252
252
252
252
252
252
252
252
252
252
252
Basic Weighted Avg Shares
6,756
7,401
7,796
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
16,460
Sales/Revenue/Turnover
51.06
45.76
42.92
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
23.92
Operating Margin (%)
919
997
977
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
- -
Depreciation Expense
2,484
2,430
2,333
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
3,336
Net Income, GAAP
23.79
24.01
24.3
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
20.03
Effective Tax Rate (%)
36.77
32.83
29.93
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
20.27
Profit Margin (%)
-1,569
-899
-1,504
-718
-3,371
-5,387
-2,828
-4,121
-951
-7,095
-6,496
-4,938
-4,259
-813
-7,793
-4,729
-1,251
Working Capital
3,078
2,465
950
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
28,565
LT Debt
18,024
18,608
19,155
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
57,203
Total Equity
10.59
10.5
10.43
11.07
9.45
11.35
11.88
11.07
9.66
8.79
4.88
6.56
4.98
6.1
6.13
5.6
3.64
Return on Invested Capital (%)
10.97
10.83
10.55
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
4.45
Return on Capital (%)
14.48
13.61
12.67
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
8.04
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
3,235
2,635
LT Borrowings
- -
25,647
28,536
LT Finance Leases
- -
30
30
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5,038
5,038
5,038
Market Capitalization
819,715
909,163
866,563

Working Capital

FRC

•

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

Growth Rates

FRC

•

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

FRC

•

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
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4.95
- -
- -
- -
19.64
2025
4.81
- -
- -
- -
18.24
2026
5.42
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.83
- -
- -
- -
13.22
2025
1.1
- -
- -
- -
13.18
2026
1.05
- -
- -
- -
- -
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Business
Jiangsu Expressway Company Limited (JEXYY) operates as a leading toll road developer and operator in China, primarily engaged in the investment, construction, operation, and management of expressways; toll collection services; road maintenance; and related infrastructure projects including service areas, advertising, and real estate development along its highway networks. The company manages a portfolio of key expressways such as the Ningjingguang, Shanghai-Nanjing, and Suzhou sections, along with ancillary services like fuel stations, hotels, and commercial properties; it also provides engineering services, property leasing, and electronic toll collection systems. Founded in 1992 and headquartered in Nanjing, Jiangsu Province, China, Jiangsu Expressway serves domestic markets across eastern China with a focus on the Yangtze River Delta region, operating through subsidiaries and joint ventures without notable parent company affiliations. In recent developments within the last two years, the company expanded its network through strategic acquisitions and partnerships, including investments in new toll road sections and enhancements to smart highway technologies amid China's infrastructure push; it reported steady traffic growth post-pandemic recovery and launched digital upgrades for tolling efficiency in 2024-2025. No major name changes, reorganizations, or funding rounds were announced recently, but operational shifts emphasized sustainability initiatives and integration with national high-speed rail corridors to boost connectivity. These changes position Jiangsu Expressway to capitalize on rising vehicle volumes and government-backed transport expansions.