Chengdu Expressway Co., Ltd. logo

Chengdu Expressway Co., Ltd.

1785.HK

HKSEIndustrialsIndustrial - Infrastructure Operations

Latest quote

HK$1.98

HK$0.00 · 0.00%

Aug 21, 2:25 PM HKT

1785.HK company overview

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Company profile

Company website

Chengdu Expressway Co., Ltd. is primarily involved in the construction, operation, and upkeep of highway infrastructure within China's Sichuan province, specifically in the Chengdu region. Its operations are divided into two main divisions: Expressway and Energy. As of March 24, 2022, the company's portfolio encompassed ownership of five major expressways: the Chengguan, Chengpeng, Chengwenqiong, Qiongming, and Chengdu Airport Expressways. Additionally, it held an equity stake in the Chengbei Exit Expressway. Cumulatively, its managed network spanned 202.37 kilometers. Beyond its core road business, the Energy segment includes retailing refined oil products, operating compressed natural gas (CNG) refueling stations, and managing electric vehicle charging infrastructure. Founded in 1998 and headquartered in Chengdu, China, the firm was originally known as Chengdu Chengguan Expressway Co., Ltd. before adopting its current name in 2016. It operates as a subsidiary of Chengdu Expressway Construction and Development Co., Ltd.

Industry
Industrial - Infrastructure Operations
Sector
Industrials
Headquarters
CN
CEO
Xiao Wu
Listed since
Jan 15, 2019
Employees
2,339

Market position

Volume
13K
0.64× average
Average volume
20.45K
Average daily volume
Market cap
3.28B HKD
Beta
0.1
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
4.88B CNY
P/E (TTM)
5.46×
P/B (TTM)
0.55×
P/S (TTM)
0.98×
EV / EBITDA
4.22×
Earnings yield
17.65%
Free cash flow yield
-12.58%
Dividend yield
7.04%

Profitability & efficiency

Gross margin
37.51%
Operating margin
27.20%
Net margin
18.16%
Return on equity
10.81%
Return on assets
5.14%
Return on invested capital
5.94%

Financial health

Debt / equity
0.71×
Current ratio
1.6×

Earnings

Latest EPS result
0.15

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.190.130.070.01Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q3 '25Q3 '25
Q4 2023, reported Oct 31, 2023: actual 0.128, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 28, 2024: actual 0.068, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Apr 29, 2024: actual 0.091, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 28, 2024: actual 0.098, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Oct 29, 2024: actual 0.135, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 26, 2025: actual 0.017, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 25, 2025: actual 0.067, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Sep 30, 2025: actual 0.148, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates963.35M876.8M790.26M703.71MQ4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q3 '25Q3 '25
Q4 2023, reported Oct 31, 2023: actual 868.42M HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 28, 2024: actual 760M HKD, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Apr 29, 2024: actual 740.76M HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 28, 2024: actual 779.13M HKD, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Oct 29, 2024: actual 827.44M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 26, 2025: actual 805.76M HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 25, 2025: actual 748.46M HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Sep 30, 2025: actual 926.3M HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

HK$0.1088

2025 complete year-26.1% since 2021

2026 partial: HK$0.1395

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend May 18, 2026

HK$0.1395

Annual

Record May 20, 2026 · Payment Jul 14, 2026

Dividend

Ex-dividend May 19, 2025

HK$0.1088

Annual

Record May 20, 2025 · Payment Jul 15, 2025

Dividend

Ex-dividend May 30, 2024

HK$0.1845

Annual

Record May 31, 2024 · Payment Jul 26, 2024

Dividend

Ex-dividend May 16, 2023

HK$0.2022

Annual

Record May 17, 2023 · Payment Jul 11, 2023

Dividend

Ex-dividend May 17, 2022

HK$0.1677

Annual

Record May 18, 2022 · Payment Jul 12, 2022

Dividend

Ex-dividend Jun 16, 2021

HK$0.1472

Annual

Record Jun 17, 2021 · Payment Aug 9, 2021

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