Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
600033.SS
Strong BuyFLAGFujian Expressway Development Co.,Ltd · Industrials · China · $1.4B · Avg Vol: $13M/d
Fujian Expressway is cheap at V80 with adequate quality, but momentum at M45 is below the calibrated floor and nothing corroborates. Toll roads are exactly the contracted-cash-flow asset this rate regime favours, which makes the market's persistent disagreement the thing to explain.
COMPANY DESCRIPTION
Fujian Expressway Development Co.,Ltd is responsible for the investment, construction, and toll operations of major expressways within Fujian province. The company benefits from a natural geographic monopoly over critical transport corridors, ensuring highly stable cash flows and high dividend potential. Its operations are closely tied to the regional economic growth of southeastern China.
FINANCIAL SUMMARY (CNY)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.7B | 3.0B | 3.0B | 3.0B | 4.5% | 3.0B | 3.3B | 7.1% |
| EPS (CNY) | 0.31 | 0.33 | 0.28 | 0.35 | 4.1% | 0.33 | 0.35 | 0.7% |
| Shares | 2.7B | 2.7B | 2.7B | 2.7B | 0.0% | 2.7B | — | — |
| Debt | 1.9B | 1.5B | 1.5B | 829.1M | -24.6% | 824.9M | — | — |
| Equity | 10.8B | 11.1B | 11.7B | 12.4B | 4.8% | — | — | — |
| Op CF | 1.8B | 2.1B | 2.1B | 2.8B | 16.5% | 2.7B | — | — |
| Inv CF | -233.3M | -639.0M | -547.3M | -831.3M | — | — | — | — |
| Fin CF | -1.1B | -1.1B | -691.7M | -1.0B | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of 600033.SS are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 600033.SS | Fujian Expressway Development Co.,Ltd(you) | $1.4B | 82 | Strong Buy |
| 0995.HK | Anhui Expressway Company Limited | $3.4B | 79 | Buy |
| 000828.SZ | Dongguan Development (Holdings) Co., Ltd. | $1.5B | 61 | Hold |
| 601518.SS | Jilin Expressway Co., Ltd. | $785M | 94 | Strong Buy |
| 600269.SS | Jiangxi Ganyue Expressway CO.,LTD. | $1.3B | 57 | Hold |
| 0107.HK | Sichuan Expressway Company Limited | $1.8B | 57 | Hold |
| 000885.SZ | CEVIA Enviro Inc. | $1.2B | 54 | Hold |
| 000429.SZ | Guangdong Provincial Expressway Development Co., Ltd. | $4.2B | 71 | Buy |
| 0177.HK | Jiangsu Expressway Company Limited | $6.1B | 77 | Buy |
| 000755.SZ | Shanxi Hi-speed Group Co., Ltd. | $1.0B | 52 | Hold |
Peer medians: ROE 5.8% · P/E 32.3x · Gross margin 22.7%