Zhejiang Expressway Co., Ltd.

576 CNE1000004S4

Highways & Rail Tracks

Market Closed - Hong Kong S.E. Other stock markets 04:08:17 2024-05-07 am EDT			5-day change	1st Jan Change
5.11 ^HKD	+0.39%		-0.39%	-1.92%

Apr. 30	Zhejiang Expressway Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
Apr. 02	Zhejiang Expressway's Unit to Acquire Over 19% Stake in Asset Manager	MT

Zhejiang Expressway Co., Ltd. entered into a share transfer agreement to acquire a 55% stake in Jiaxing Zhajiasu Expressway Co., Ltd from Zhou Minghai and Shi Guoliang for approximately CNY 770 million.

May 09, 2021

Zhejiang Expressway Co., Ltd. (SEHK:576) entered into a share transfer agreement to acquire a 55% stake in Jiaxing Zhajiasu Expressway Co., Ltd from Zhou Minghai and Shi Guoliang for approximately CNY 770 million on May 7, 2021. As of May 7, 2021, Zhou Minghai owns 85% stake and Shi Guoliang owns 15% stake in Jiaxing Zhajiasu Expressway Co., Ltd.

Latest news about Zhejiang Expressway Co., Ltd.

Zhejiang Expressway Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 30	CI
Zhejiang Expressway's Unit to Acquire Over 19% Stake in Asset Manager	Apr. 01	MT
Zhejiang Expressway Co., Ltd. Proposes Final Dividend for the Year Ended 31 December 2023, Payable on 05 July 2024	Mar. 26	CI
Zhejiang Expressway's Attributable Profit Almost Flat in 2023, Revenue Grows 11%; Shares Plunge 16%	Mar. 26	MT
Zhejiang Expressway Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 25	CI
Zhejiang Expressway Arms Award Multiple Highway Contracts	Feb. 09	MT
Zhejiang Expressway Inks Deals To Operate Chinese Highways	Jan. 15	MT
Zhejiang Expressway Co., Ltd. announced that it has received $17.432602 million in funding	Dec. 21	CI
Zhejiang Expressway Rights Issue Oversubscribed	Dec. 13	MT
Zhejiang Expressway Co., Ltd. announced that it expects to receive $17.432602 million in funding	Dec. 12	CI
Zhejiang Expressway Shareholders to Vote Dec. 28 on Issue of Additional Conversion Shares	Dec. 07	MT
Zhejiang Expressway Co., Ltd. Announces Change of Registered Address	Nov. 29	CI
Zhejiang Expressway Floats JV to Acquire Highway Assets in China	Nov. 27	MT
Zhejiang Expressway Co., Ltd. and China Merchants Expressway Network & Technology Holdings Co.,Ltd. entered into the Equity Acquisition Agreement to acquire 60% stake in Hunan Yonglan Expressway Co., Ltd. from Guangdong Liantai Communications Investment Co., Ltd. for CNY 2.67 billion.	Nov. 24	CI
Zhejiang Expressway Co., Ltd. and China Merchants Expressway Enter into the Jv Agreement	Nov. 24	CI
Zhejiang Expressway Eyes 6.2 Billion Yuan from Rights Offering	Nov. 20	MT
Zhejiang Expressway Taps Controlling Shareholder's Unit for 18.3 Million Yuan Expressway Maintenance Service	Nov. 13	MT
Zhejiang Expressway Secures Regulatory Nod for 6.5 Billion Rights Issue	Nov. 06	MT
Zhejiang Expressway's Nine-Month Profit Rises on Higher Revenue	Nov. 01	MT
Zhejiang Expressway Co., Ltd. Announces Executive Changes with Effect from October 31, 2023	23-10-31	CI
Zhejiang Expressway Sees Up 6.3 Billion Yuan in Nine-Month Profit	23-10-25	MT
Zhejiang Expressway Co., Ltd. Elects Li Wei as Executive Director	23-10-13	CI
Zhejiang Expressway's Controlling Shareholder Disposes of Two Units for 832.9 Million Yuan	23-09-29	MT
Zhejiang Expressway Co., Ltd. agreed to acquire 15% stake in Zhejiang Wenzhou Yongtaiwen Expressway Co., Ltd from Zhejiang Communications Investment Group Co., Ltd for approximately CNY820 million.	23-09-27	CI
Zhejiang Expressway Co., Ltd. Announces Management Changes	23-09-27	CI

Chart Zhejiang Expressway Co., Ltd.

Duration

Period

More charts

Company Profile

Zhejiang Expressway Co., Limited is an investment holding company principally engaged in the operation and management of high-grade roads. Along with subsidiaries, the Company operates its business through three segments. The Toll Operation segment is engaged in the operation and management of high-grade roads, and the earning tolls from expressways. The Security segment is engaged in the provision of security brokerage, securities margin trading, security lending, security underwriting, asset management, advisory services and security trading. Other Business segment is engaged in real estate development, hotel operation and others.

Sector

Highways & Rail Tracks

Calendar

2024-05-07 - Annual General Meeting

More about the company

Income Statement Evolution

More financial data

Ratings for Zhejiang Expressway Co., Ltd.

Trading Rating

Investor Rating

ESG Refinitiv

C+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

4.693 CNY

Average target price

5.882 CNY

Spread / Average Target

+25.33%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

Sector Highway Operators

	1st Jan change	Capi.
ZHEJIANG EXPRESSWAY CO., LTD.	-1.92%	3.9B
TRANSURBAN GROUP	-7.00%	25.61B
MUNDYS S.P.A.	+0.22%	20.21B
CHINA MERCHANTS EXPRESSWAY NETWORK & TECHNOLOGY HOLDINGS CO.,LTD.	+16.07%	10.73B
SALIK COMPANY	+12.54%	7.21B
JIANGSU EXPRESSWAY COMPANY LIMITED	+11.40%	7.26B
IMPULSORA DEL DESARROLLO Y EL EMPLEO EN AMÉRICA LATINA, S.A.B. DE C.V.	+5.41%	6.6B
SHANDONG HI-SPEED COMPANY LIMITED	+26.22%	5.88B
GRUPO CCR S.A.	-11.85%	4.97B
ATLAS ARTERIA LIMITED	-6.23%	5.16B

Highway Operators