Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
600012.SS
HoldFLAGAnhui Expressway Company Limited · Industrials · China · $4.2B · Avg Vol: $18M/d
Anhui Expressway has strong momentum M70 and value V53, but quality at Q48 is below the calibrated floor, so stage one fails.
COMPANY DESCRIPTION
Anhui Expressway Company Limited holds concession rights to construct, operate, and manage major toll expressways and bridges in Anhui Province, China. The company's toll roads form critical links in the national transport network connecting eastern and central China. Its competitive moat is a natural geographic monopoly with stable, regulated cash flows driven by regional economic growth and rising vehicle ownership.
FINANCIAL SUMMARY (CNY)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5.2B | 6.6B | 7.7B | 6.7B | 8.9% | 5.5B | 6.6B | 7.2B | 3.7% |
| EPS (CNY) | 0.87 | 1.00 | 1.15 | 1.12 | 8.6% | 1.10 | 1.31 | 1.26 | 6.5% |
| Shares | 1.7B | 1.7B | 1.7B | 1.7B | +3.0% | — | — | — | — |
| Debt | 6.7B | 6.5B | 8.2B | 13.8B | 27.3% | 14.5B | — | — | — |
| Equity | 11.9B | 12.7B | 16.4B | 12.8B | 2.4% | — | — | — | — |
| Op CF | 1.9B | 2.7B | 3.0B | 3.5B | 22.2% | 3.4B | — | — | — |
| Inv CF | -2.5B | -3.1B | -2.0B | -3.0B | — | — | — | — | — |
| Fin CF | 83.3M | -1.5B | 136.7M | 831.9M | — | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of 600012.SS are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 600012.SS | Anhui Expressway Company Limited(you) | $4.2B | 53 | Hold |
| 0576.HK | Zhejiang Expressway Co., Ltd. | $5.0B | 61 | Hold |
| 0548.HK | Shenzhen Expressway Corporation Limited | $2.2B | 54 | Hold |
| 601107.SS | Sichuan Expressway Company Limited | $2.6B | 46 | Hold |
| 600377.SS | Jiangsu Expressway Company Limited | $9.2B | 51 | Hold |
| 000429.SZ | Guangdong Provincial Expressway Development Co., Ltd. | $4.2B | 71 | Buy |
| 001965.SZ | China Merchants Expressway Network & Technology Holdings Co.,Ltd. | $9.8B | 48 | Hold |
| 600269.SS | Jiangxi Ganyue Expressway CO.,LTD. | $1.3B | 57 | Hold |
| 000885.SZ | CEVIA Enviro Inc. | $1.2B | 54 | Hold |
| 000828.SZ | Dongguan Development (Holdings) Co., Ltd. | $1.5B | 61 | Hold |
Peer medians: ROE 5.8% · P/E 31.9x · Gross margin 22.5%