Hainan Expressway Co., Ltd Class A

Hainan Expressway Co., Ltd Class A

SSZSE:000886
4.30
CNY
-0.01
(-0.23%)
0.22EPS
19.24P/E
4.03BMarket 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
0.5
0.3
0.21
0.36
0.59
0.47
0.17
0.12
0.12
0.17
0.13
0.23
0.66
0.98
Basic EPS, GAAP
0.13
0.04
-0.24
0.06
0.09
0.17
0.06
0.09
0.05
0.25
0.09
0.06
0.16
0.21
Free Cash Flow per Basic Share
0.06
-0.1
-0.04
0.09
0.37
0.23
- -
-0.15
-0.16
-0.19
-0.41
-0.77
-0.27
- -
Dividend per Share
- -
0.05
- -
- -
- -
0.05
0.05
0.05
0.05
0.05
0.05
0.07
0.01
0.02
Book Value per Share
2.77
2.76
2.52
2.59
2.69
2.81
2.82
2.86
2.86
3.06
3.09
3.07
3.24
3.29
Tangible Book Value per Share
2.5
2.53
2.26
2.37
2.51
2.67
2.72
2.77
2.76
2.94
2.98
2.96
3.14
3.16
Basic Weighted Avg Shares
985
993
990
988
993
977
1,039
1,031
1,027
1,001
984
992
991
986
Sales/Revenue/Turnover
496
300
212
351
583
462
174
120
127
169
124
233
657
966
Operating Margin (%)
23.31
-1.51
-9.8
15.82
20.97
18.89
-6.53
-21.72
-38.29
-39.99
-76.77
-38.81
-12.36
-4.64
Depreciation Expense
59
59
57
50
52
52
39
16
10
11
26
13
36
- -
Net Income, GAAP
132
40
-236
63
94
166
62
93
51
250
91
62
155
209
Effective Tax Rate (%)
20.97
23.32
- -
26.84
27.1
21.08
27.72
33.35
47.19
19.36
17.34
5.33
- -
- -
Profit Margin (%)
26.62
13.26
-110.98
18.02
16.17
35.96
35.86
77.14
40.51
147.88
72.89
26.42
23.53
21.65
Working Capital
1,649
1,679
1,497
1,556
1,727
1,837
1,783
1,669
1,818
1,875
1,767
1,509
1,400
1,400
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
1
1
18
147
366
620
Total Equity
2,745
2,736
2,502
2,573
2,664
2,781
2,793
2,834
2,828
3,030
3,058
3,068
3,256
3,365
Return on Invested Capital (%)
4.73
1.21
- -
2.45
3.59
6.18
2.07
3.3
1.77
7.74
2.5
1.81
- -
- -
Return on Capital (%)
4.7
1.27
- -
2.56
3.6
5.88
2.24
3.3
1.82
8.56
2.99
1.98
- -
- -
Return on Common Equity (%)
4.95
1.46
-9.03
2.5
3.61
6.11
2.24
3.3
1.82
8.55
2.98
2.02
4.96
6.67

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
83
84
88
LT Borrowings
365
480
577
LT Finance Leases
1
- -
43
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
989
989
989
Market Capitalization
6,783
5,567
4,034

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,088
1,999
2,412
Cash, Cash Equivalents & STI
361
383
686
Accounts Receivable, Net
417
359
463
Inventories
922
899
896
Total Current Liabilities
688
652
1,012
Payables & Accruals
- -
- -
- -
ST Debt
83
84
88
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.7%
2.86%
6.12%
Free Cash Flow
344.06%
31.44%
-64.65%
Net Income, GAAP
38.25%
79.58%
151.42%
Sales/Revenue/Turnover
29.96%
56.41%
182.35%
Total Cash Common Dividend
- -
-7.72%
-81.94%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
18
23
93
98
233
2025
57
113
- -
344
657
2026
145
364
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
-0.01
0.01
0.02
0.06
2025
-0.01
-0.02
- -
0.17
0.16
2026
-0.02
0.09
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.01
0.02
0.07
2025
- -
- -
- -
- -
0.01
2026
- -
- -
- -
- -
- -

Company Description

CEO
Long Dang
Full Time Employees
1,340
Sector
Industrial services
Industry
Engineering & construction
Address
Highway Building Haikou HA China 570203
IPO Date
Jan 23, 1998
Business
Hainan Expressway Co., Ltd. (000886.SZ) operates as a leading infrastructure company in China, primarily engaged in the investment, construction, operation, and maintenance of expressways; transportation infrastructure projects; real estate development; cultural tourism; hotel management; property services; advertising; digital economy initiatives; sales of transportation building materials and deep-sea aquaculture products; and contract construction project management services. Founded in 1993 and headquartered at Highway Building, No. 16 Lantian Road, Haikou, Hainan Province, the company listed on the Shenzhen Stock Exchange in 1998 as the first listed entity in China's national highway industry and focuses operations principally on Hainan Province while targeting tourism, commercial, and regional economic development markets. In recent developments, Hainan Expressway agreed in July 2025 to acquire the remaining 51% stake in Hainan Transportation Control Petrochemical Co., Ltd. from Hainan Transportation Investment Commercial Group Co., Ltd., achieving full ownership upon completion; signed a letter of intent on July 1, 2025, for major asset restructuring involving 51.0019% equity in Hainan Jiangkong Petrochemical Co., Ltd. via cash payment to create a wholly-owned subsidiary; and entered an equity transfer agreement for an additional 2.54% stake in Hainan United Asset Management, reflecting strategic expansions in petrochemical, asset management, and related infrastructure sectors.