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Guangdong Provincial Expressway Development Co., Ltd. Class A

Guangdong Provincial Expressway Development Co., Ltd. Class A

9.34
HKD
+0.05
(+0.54%)
1.00EPS
13.03P/E
32.48BMarket Cap
Oct 27Next 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
0.63
0.69
0.92
0.89
0.89
0.93
1.44
1.11
1.52
1.2
1.41
1.33
1.29
1.78
Basic EPS, GAAP
0.06
0.15
0.24
0.31
0.43
0.48
0.42
0.25
0.49
0.37
0.47
0.45
0.52
0.62
Free Cash Flow per Basic Share
0.15
0.35
0.55
0.45
0.51
0.31
0.66
0.58
0.91
0.54
0.66
0.35
0.33
- -
Dividend per Share
0.23
0.23
0.21
0.18
0.29
0.39
0.47
0.35
0.26
0.41
0.33
0.4
0.38
0.1
Book Value per Share
2.04
2.41
2.81
2.39
2.61
2.77
3.05
2.29
2.59
2.62
2.84
3.02
3.21
3.06
Tangible Book Value per Share
2.03
2.41
2.81
2.39
2.6
2.77
3.05
2.2
2.52
2.55
2.78
2.97
3.16
3.01
Basic Weighted Avg Shares
2,116
2,111
2,882
3,188
3,473
3,471
3,475
3,422
3,476
3,465
3,469
3,449
3,468
2,418
Sales/Revenue/Turnover
1,328
1,455
2,658
2,825
3,089
3,219
4,999
3,790
5,288
4,169
4,879
4,570
4,470
4,294
Operating Margin (%)
12.95
26.52
42.67
46.5
52.97
54.06
56.65
50.48
58.87
56.8
60.14
59.49
59.42
58.34
Depreciation Expense
677
577
846
892
826
810
1,211
1,036
1,276
1,052
1,159
1,072
1,031
- -
Net Income, GAAP
128
319
696
1,001
1,510
1,677
1,469
868
1,700
1,276
1,634
1,562
1,801
1,506
Effective Tax Rate (%)
- -
12.9
22.04
21.14
9.8
9.27
23.85
26.48
23.26
23.4
24
24.19
21.37
23.46
Profit Margin (%)
9.63
21.91
26.19
35.44
48.88
52.1
29.39
22.9
32.16
30.62
33.49
34.18
40.3
35.07
Working Capital
-467
-470
-609
1,127
413
-789
1,624
481
1,980
2,910
3,420
2,861
6,005
4,807
LT Debt
5,991
5,391
4,831
5,403
4,744
2,983
5,604
6,416
6,003
6,995
6,708
6,731
10,036
10,333
Total Equity
5,053
5,871
7,117
8,844
9,454
10,047
12,697
10,233
11,321
11,369
12,409
13,196
14,204
14,075
Return on Invested Capital (%)
- -
3.03
6.73
7.82
10.64
12.12
12.36
7.49
13.75
9.71
11.59
10.18
10.82
8.95
Return on Capital (%)
- -
5.45
6.35
7.82
10.18
10.77
5.58
3.12
6.81
5.12
5.99
5.63
5.31
4.41
Return on Common Equity (%)
3
6.89
12.81
14.16
17.44
18.02
14.59
9.39
20.1
14.14
17.27
15.38
16.69
13.89

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
553
520
666
LT Borrowings
10,036
10,655
10,324
LT Finance Leases
- -
- -
8
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3,462
3,462
3,462
Market Capitalization
27,097
27,572
28,098

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
7,267
7,848
7,522
Cash, Cash Equivalents & STI
6,545
7,044
6,827
Accounts Receivable, Net
97
127
91
Inventories
- -
- -
- -
Total Current Liabilities
1,262
1,603
2,715
Payables & Accruals
- -
- -
- -
ST Debt
553
520
666
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.86%
6.84%
7.64%
Free Cash Flow
6.08%
-2.58%
-7.42%
Net Income, GAAP
16.23%
21.98%
15.31%
Sales/Revenue/Turnover
7.78%
5.37%
-2.19%
Total Cash Common Dividend
13.09%
5.68%
-5.43%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,124
1,106
1,271
1,068
4,570
2025
1,050
1,068
- -
1,107
4,470
2026
1,078
1,041
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.12
0.21
0.24
0.1
0.45
2025
0.19
0.19
- -
0.12
0.52
2026
0.13
0.19
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.03
0.57
0.03
0.4
2025
0.02
0.02
- -
0.03
0.38
2026
0.02
0.03
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Rui Cheng
Full Time Employees
3,029
Sector
Industrial services
Industry
Engineering & construction
Address
Litong Plaza Guangzhou GD China 510623
IPO Date
Feb 20, 1998
Website
gpedcl.com
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Business
Guangdong Provincial Expressway Development Co., Ltd. engages in the investment, construction, and ongoing management of major expressways and bridges across the People's Republic of China. The company is deeply involved in operating and maintaining key transportation arteries, including the Guangfo, Fokai, Huiyan, Maozhan, Jiangzhong, Kangda, and Gankang Expressways, alongside the Jiujiang Bridge and the Guangzhu section of the Beijing-Zhuhai Expressway. Beyond its core infrastructure activities, the company diversifies its operations through investments in technology-driven industries and providing related advisory services. It also supports the public and commercial sectors with a range of auxiliary services such as vehicle rescue and maintenance, parking management, advertising solutions, property development along highway corridors, warehousing facilities, and the supply of essential spare parts. Established in February 1993 and headquartered in Guangzhou, China, the company operates as a subsidiary of Guangdong Communication Group Co., Ltd. Its operational strategy encompasses comprehensive toll collection and routine upkeep for the extensive road network under its purview. The company actively manages its portfolio, with recent events including the adoption of its Third Quarter 2025 report in late October 2025 and the receipt of performance compensation related to a significant asset restructuring from 2020 in mid-2024.