Guangdong Provincial Expressway Development Co., Ltd.

Shenzhen Stock Exchange 000429.SZ

Guangdong Provincial Expressway Development Co., Ltd. Free Cash Flow for the year ending December 31, 2023: USD 322.88 M

Guangdong Provincial Expressway Development Co., Ltd. Free Cash Flow is USD 322.88 M for the year ending December 31, 2023, a 18.72% change year over year. Free cash flow is the amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
  • Guangdong Provincial Expressway Development Co., Ltd. Free Cash Flow for the year ending December 31, 2022 was USD 271.97 M, a -45.24% change year over year.
  • Guangdong Provincial Expressway Development Co., Ltd. Free Cash Flow for the year ending December 31, 2021 was USD 496.70 M, a 64.06% change year over year.
  • Guangdong Provincial Expressway Development Co., Ltd. Free Cash Flow for the year ending December 31, 2020 was USD 302.75 M, a 80.89% change year over year.
  • Guangdong Provincial Expressway Development Co., Ltd. Free Cash Flow for the year ending December 31, 2019 was USD 167.36 M, a 7.51% change year over year.
Key data
Date Free Cash Flow Operating Cash Flow Net Cash Used For Investing Activities Net Cash Used Provided By Financing Activities
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Shenzhen Stock Exchange: 000429.SZ

Guangdong Provincial Expressway Development Co., Ltd.

CEO Mr. Chunhua Wang
IPO Date Feb. 20, 1998
Location China
Headquarters Litong Plaza
Employees 3,006
Sector Industrials
Industries
Description

Guangdong Provincial Expressway Development Co., Ltd., through its subsidiaries, develops and operates expressways and bridges in the People's Republic of China. The company is also involved in the toll collection, management, and maintenance of the Guangfo Expressway, the Fokai Expressway, the Jingzhu Expressway Guangzhu section, and Guanghui Expressway. In addition, it invests in technological industries; and offers related consulting services. Further, the company provides fueling, gas station, salvation, vehicle maintenance, vehicle transport, and catering support services, as well as develops and invests in warehousing; and supplies spare parts and components. As of December 31, 2021, it operated 306.78 kilometers (km) of share-controlled expressway and 295.88 km of share-participation expressway. The company was formerly known as Guangdong Fokai Expressway Co., Ltd. and changed its name to Guangdong Provincial Expressway Development Co., Ltd. in June 1993. Guangdong Provincial Expressway Development Co., Ltd. was founded in 1993 and is headquartered in Guangzhou, the People's Republic of China. Guangdong Provincial Expressway Development Co., Ltd. is a subsidiary of Guangdong Communication Group Co., Ltd.

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StockViz Staff

January 15, 2025

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