Guangdong Provincial Expressway Development Co., Ltd.

Shenzhen Stock Exchange 000429.SZ

Guangdong Provincial Expressway Development Co., Ltd. Return on Capital Employed (ROCE) for the year ending December 31, 2023: 15.01%

Guangdong Provincial Expressway Development Co., Ltd. Return on Capital Employed (ROCE) is 15.01% for the year ending December 31, 2023, a 17.78% change year over year. Return on capital employed assesses profitability against invested capital; higher ROCE signals efficient capital use.

Guangdong Provincial Expressway Development Co., Ltd. Return on Capital Employed (ROCE) for the year ending December 31, 2022 was 12.74%, a -29.92% change year over year.
Guangdong Provincial Expressway Development Co., Ltd. Return on Capital Employed (ROCE) for the year ending December 31, 2021 was 18.18%, a 55.18% change year over year.
Guangdong Provincial Expressway Development Co., Ltd. Return on Capital Employed (ROCE) for the year ending December 31, 2020 was 11.72%, a -36.38% change year over year.
Guangdong Provincial Expressway Development Co., Ltd. Return on Capital Employed (ROCE) for the year ending December 31, 2019 was 18.42%, a 7.80% change year over year.

Key data

Date	Return on Capital Employed (ROCE)	Interest Coverage Ratio	Debt to Equity Ratio	Return on Common Equity

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 Trucking & Road Freight Air Freight Airlines Automobiles & Vehicles Automotive Parts Autonomous Driving Container Shipping Infrastructure

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.

Key trends

Past 5 years