Zhejiang Expressway Co., Ltd.

HKSE 0576.HK

Zhejiang Expressway Co., Ltd. Capital Expenditure for the year ending December 31, 2023: USD -198.97 M

Zhejiang Expressway Co., Ltd. Capital Expenditure is USD -198.97 M for the year ending December 31, 2023, a 13.40% change year over year. Capital expenditure is cash spent on acquiring or maintaining fixed assets, such as property, plants, and equipment (PP&E).

Zhejiang Expressway Co., Ltd. Capital Expenditure for the year ending December 31, 2022 was USD -229.75 M, a -52.70% change year over year.
Zhejiang Expressway Co., Ltd. Capital Expenditure for the year ending December 31, 2021 was USD -150.46 M, a -15.88% change year over year.
Zhejiang Expressway Co., Ltd. Capital Expenditure for the year ending December 31, 2020 was USD -129.84 M, a 12.29% change year over year.
Zhejiang Expressway Co., Ltd. Capital Expenditure for the year ending December 31, 2019 was USD -148.03 M, a -252.50% change year over year.

Key data

Date	Capital Expenditure	Free Cash Flow	Depreciation And Amortization	Deferred Income Tax

HKSE: 0576.HK

Zhejiang Expressway Co., Ltd.

CEO	Mr. Wei Wu
IPO Date	May 15, 1997
Location	China
Headquarters	No. 2 Mingzhu Intl. Business Ctr
Employees	10,653
Sector	Finance
Industries Investment Banking & Asset Management Airlines Automobiles & Vehicles Banking & Lending Hedge Funds Private Equity Stock Exchanges & Brokers Trucking & Road Freight

Description

Zhejiang Expressway Co., Ltd., an investment holding company, invests, develops, operates, maintains, and manages roads in the People's Republic of China. It operates through Toll Operation, Securities Operation, and Others segments. The Toll Operation segment operates and manages high grade roads; and collects expressway tolls. The Securities Operation segment offers securities and future broking, margin financing and securities lending, securities underwriting and sponsorship, asset management, advisory, and proprietary trading services. The Others segment engages in hotel operation, high grade road construction, investment in other financial institutions, and other ancillary activities. The company also offers vehicle towing, repair and emergency, and rescue services. Zhejiang Expressway Co., Ltd. was incorporated in 1997 and is based in Hangzhou, the People's Republic of China. Zhejiang Expressway Co., Ltd. is a subsidiary of Zhejiang Communications Investment Group Co., Ltd.

Key trends

Past 5 years