The net profit of the Anhui Wantong Expressway (00995) in the first quarter was 460 million yuan, an increase of 0.05% over the previous year
According to the Zhitong Finance App, Anhui Wantong Expressway (00995) released its report for the first quarter of 2024, with operating revenue of 1,287 billion yuan (RMB, same below), up 12.38% year on year; net profit attributable to shareholders of listed companies was 460 million yuan, up 0.05% year on year; basic earnings per share were 0.2771 yuan.
安徽皖通高速公路:二零二四年第一季度報告
Is Anhui Expressway Company Limited (HKG:995) Worth HK$9.3 Based On Its Intrinsic Value?
Key Insights Anhui Expressway's estimated fair value is HK$7.54 based on 2 Stage Free Cash Flow to Equity Anhui Expressway is estimated to be 23% overvalued based on current share price of HK$9.29
Anhui Wantong Expressway (00995.HK) held a board meeting on April 26 to review and approve the first quarter results
Gelonghui, April 15, 丨 Anhui Wantong Expressway (00995.HK) announced that a board meeting will be held on April 26, 2024 (Friday) to review and approve the unaudited results of the company and its subsidiaries for the first quarter ended March 31, 2024 and other related matters (if any).
Hong Kong Stock Concept Tracking | “Infrastructure and Utility Franchise Management Measures” May Implementing Agencies Optimistic About Expressway Sector Valuation Repair (with concept stocks)
On April 8, the National Development and Reform Commission issued the revised “Administrative Measures on Infrastructure and Utility Franchises”, which will take effect in May 2024. Most highways use the franchise model and are most related to the “Measures”. The agency believes that if the “Toll Road Administration Regulations” follow the “Measures” and raise the operating period, the yield of highway renovation and expansion projects is expected to increase, and the long-term value of highway companies is expected to increase. Companies with short term, low PE, and expansion plans have relatively benefited. The overall PE valuation of Hong Kong stock highways is lower than that of A-share highways, or more cost-effective. Changjiang Securities released a research report pointing out that traceability back to the roots and construction is too expensive
Changes in Hong Kong stocks | Guangzhou-Shenzhen Railway Co., Ltd. (00525) rose nearly 9%, leading the way stock sector business and stable dividends, many companies announced shareholder return plans
Highway stocks had the highest gains in early trading. As of press release, Guangzhou-Shenzhen Railway shares (00525) rose 8.43% to HK$1.93; Anhui Wantong Expressway (00995) rose 5.14% to HK$8.8; Jiangsu Ninghu Expressway (00177) rose 4.49% to HK$7.91; and Zhejiang Shanghai-Hangzhou—Hangzhou (00576) rose 4.31% to HK$5.08.
Anhui Expressway's 2023 Profit Jumps 15%
Anhui Expressway (SHA:600012, HKG:0995) posted a profit attributable to shareholders of 1.66 billion yuan, or 0.9995 yuan per share, in 2023, jumping around 15% from the year-ago profit of 1.45 billio
Is Anhui Expressway (HKG:995) Using Too Much Debt?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says 'The biggest investment risk is not the volatility of prices, but whether you will
Anhui Wantong Expressway (00995) announced 2023 results, net profit of about 1.66 billion yuan to mother, an increase of 14.87% year-on-year
The Anhui Wantong Expressway (00995) announced its 2023 results, with revenue of about 6.631 billion yuan, a year-on-year increase...
安徽皖通高速公路:2023年度業績公告
Wantong Express (600012.SH) announced its 2023 annual results, with net profit of 1.66 billion yuan, an increase of 14.87% over the previous year
Zhitong Finance App News, Wantong Express (600012.SH) released its 2023 annual report. The company's revenue was 6.631 billion yuan, up 27.37% year on year; net profit attributable to shareholders of listed companies was 1.66 billion yuan, up 14.87% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 1,736 billion yuan, up 21.82% year on year; basic earnings per share were 1.0008 yuan/share. It is proposed to pay a cash dividend of RMB 6.01 (tax included) for every 10 shares. The increase in revenue was mainly due to the construction of the Group's Xuanguang PPP renovation and expansion project during the reporting period
Anhui Wantong Expressway (00995) Affiliated to Traffic Control Engineering signed a mechanical and electrical engineering agreement for the Guangde to Xuancheng section renovation and expansion section of the Shanghai-Chongqing National Expressway
The Anhui-Wantong Expressway (00995) issued an announcement. On March 18, 2024, the company's subsidiary announced...
Anhui Expressway's Subsidiary Signs Expressway Reconstruction Deal
Anhui Expressway (SHA:600012, HKG:0995) subsidiary, Anhui Guangxuan Expressway, signed a deal with Anhui Transportation Construction Engineering Group to reconstruct and extend a section of the Huyu N
Anhui Wantong Expressway (00995.HK) plans to hold a board meeting on March 28 to consider and approve the annual results
Gelonghui March 13 | Anhui Wantong Expressway (00995.HK) announced that a board meeting will be held on March 28, 2024 (Thursday) to review and approve (including) the audited annual results, profit distribution plans (if applicable) and other related matters of the Company and its subsidiaries for the financial year ended 31 December 2023.
ANHUIEXPRESSWAY: Date of Board Meeting
Anhui Wantong Expressway (00995) plans to establish the Hefei Administration Office as a branch
The Anhui-Wantong Expressway (00995) issued an announcement, and the company's board of directors reviewed and approved “On the Establishment of the Hefei Administration Office...
Zhongtai Securities: The advantages of dividend assets highlight that the highway, railway and port sectors are worth focusing on
Quality returns are expected to improve, and dividend assets are stable, moderate and positive.
Is Anhui Expressway Company Limited's (HKG:995) Latest Stock Performance A Reflection Of Its Financial Health?
Anhui Expressway's (HKG:995) stock is up by a considerable 17% over the past three months. Given that the market rewards strong financials in the long-term, we wonder if that is the case in this ins
Changes in Hong Kong stocks | Highway stocks fall collectively, institutions say dividend rates fall as stock prices rise, sectors are still preferred for high dividends
The Zhitong Finance App learned that highway stocks fell collectively. As of press release, the Sichuan-Cheng-Chongqing Expressway (00107) fell 5.11% to HK$2.6; the Anhui Wantong Expressway (00995) fell 4.83% to HK$8.28; the Jiangsu Ning—Shanghai Expressway (00177) fell 4.08% to HK$8; and the Zhejiang Shanghai-Hangzhou—Hangzhou (00576) fell 3.9% to HK$5.91. According to the news, Cathay Pacific Junan pointed out that since the beginning of the year, high dividends have continued to be favored by the market, and excess highway revenue continues to lead the transportation sector, including the Wan-Tong Expressway, the Ninghai Expressway, the Shandong Expressway, the Guangdong Expressway,
[Broker Focus] HSBC Research raises the target price of the Anhui Wantong Expressway (00995) by 9% and is expected to carry out further asset acquisitions and increase dividend payout ratio
Jinwu Financial News | According to the HSBC Global Research and Development Report, road passenger traffic and freight volume in Anhui Province are expected to increase 44% and 6% year-on-year respectively in fiscal year 2023, and traffic volume will grow steadily. The Anhui Provincial Department of Transportation also predicts that highway traffic will increase steadily by about 13% during the Spring Festival travel season. The Hening Expressway, the main asset of the Anhui Wantong Expressway (00995), is in a period of growth. Operating costs are relatively low, and the return on equity (ROE) is expected to be higher than that of its peers. The bank anticipates that the company will carry out further asset acquisitions and increase the dividend payout ratio in fiscal year 2024. The highway widening project in Anhui Province is progressing smoothly
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