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CN Stock MarketDetailed Quotes
000429 Guangdong Provincial Expressway Development
- 14.28
- +0.10+0.71%
Market Closed Apr 1 15:00 CST
29.86BMarket Cap19.12P/E (TTM)
14.32High13.99Low86.65KlotVolume14.20Open14.18Pre Close122.69MTurnover0.67%Turnover Ratio19.12P/E (Static)2.09BShares14.9852wk High2.85P/B18.61BFloat Cap9.3452wk Low15.60Limit Up1.30BShs Float14.98Historical High12.76Limit Down2.33%Amplitude-1.68Historical Low0.55Dividend TTM14.16Avg Price39.03KlotAsk3.83%Div YieldTTM100Lot Size44.48KlotBid
Guangdong Provincial Expressway Development News
Investors in Guangdong Provincial Expressway Development (SZSE:000429) Have Seen Splendid Returns of 170% Over the Past Five Years
Guangdong Provincial Expressway Development (000429.SZ): Received a government document clarifying that the Guangfo Expressway will be managed by the government.
Guangdong Provincial Expressway Development (000429.SZ) announced that the company has received relevant government documents, clarifying that the Guangfo Expressway will be administrated by the government...
Guangdong Expressway A (000429.SZ): Guangfo Company plans to reverse the bad debt provision for the advanced maintenance expenses of the Guangfo Expressway that have been accrued.
On March 14, Gelonghui reported that Yuexiu Highway A (000429.SZ) announced it has received a government document stating that the Guangfo Expressway will be managed by the government. After conducting an audit settlement procedure, the operation and maintenance expenses advanced by Guangfo Expressway Co., Ltd. (referred to as "Guangfo Company") will be paid to Guangfo Company by the relevant units. The company holds a 75% stake in Guangfo Company, which intends to reverse the bad debt provisions for the advanced maintenance expenses of the Guangfo Expressway that have been accrued. The impact of this matter on the company's financial condition is yet to be further assessed, and the actual impact will ultimately depend on the amount determined by the audit settlement. Investors are kindly advised to pay attention.
Guangdong Provincial Expressway Development Co., Ltd. (SZSE:000429) Just Reported And Analysts Have Been Cutting Their Estimates
Guangdong Provincial Expressway to Invest in Major Highway Expansion
Guangdong Expressway A (000429.SZ): In 2024, the toll revenue on the Guangzhu East Road section is expected to decrease year-on-year due to changes in the road network.
On March 5, GRN reported that Guangdong High-speed A (000429.SZ) stated in a recent investor relations activity that the opening of the Shenzhen-Zhongshan Channel has altered the structure of the regional road network. In 2024, the toll income from the Guangzhudong section will decline year-on-year due to this change in the road network; it is expected that the impact will continue in 2025, and the overall degree of impact will need to be tracked and assessed further.
Guangdong Expressway A (000429.SZ): The upgrade and expansion plan for the Huiyan Expressway is expected to be completed in 2025.
On March 5th, Gelonghui reported that Guangdong Expressway A (000429.SZ) recently stated in an investor relations activity that the Huizhou-Yanxin Expressway renovation and expansion plan is expected to be completed by 2025, and the Huizhou-Yanxin Company will apply to the government for an adjustment of the toll rates as required.
Research Reports on Investment Opportunities | China Merchants: The expansion and renovation work of Guangdong Provincial Expressway Development is about to start, and the completion of the expansion and renovation is expected to bring additional growth.
China Merchants' Research Reports indicate that Guangdong Provincial Expressway Development (000429.SZ) is expected to achieve net income of 1.56 billion yuan in 2024, a year-on-year decrease of 4.4%, with Q4 net income at 0.21 billion yuan, down 25.9% year-on-year. The performance is in line with expectations. The revenue from the highway main business has slightly declined, impacted by traffic diversion and reconstruction of some road assets; the gross margin of the main business remains stable, while investment income has decreased due to the completion and capitalization of reconstruction projects. The company continues to benefit from regional economic growth and the future increase in traffic flow and toll revenue brought by the reconstruction of core road assets. Currently, among the participated and controlled road assets, the Guangzhou-Zhuhai segment of the Jingzhu Expressway is undergoing reconstruction, and Guangzhou-Hui.
Guangdong Expressway A: 2024 Annual Report
Guangdong Expressway A: 2024 Annual Report Summary
Guangdong Expressway A (000429.SZ): The net income for the 2024 fiscal year is expected to decrease by 4.39% to 1.562 billion yuan, proposing a cash dividend of 5.23 yuan per share.
On March 3, Gelonghui reported that Guangdong Expressway A (000429.SZ) published its annual report for 2024. In 2024, the company achieved revenue of 4.57 billion yuan, a year-on-year decrease of 6.34%; net income attributable to shareholders of the listed company was 1.562 billion yuan, a year-on-year decrease of 4.39%; net income attributable to shareholders of the listed company, after excluding non-recurring gains and losses, was 1.645 billion yuan, a year-on-year decrease of 3.55%; basic EPS was 0.75 yuan; it plans to distribute a cash dividend of 5.23 yuan per 10 shares (including tax) to all shareholders.
Private Companies in Guangdong Provincial Expressway Development Co., Ltd. (SZSE:000429) Are Its Biggest Bettors, and Their Bets Paid off as Stock Gained 4.8% Last Week
Is Guangdong Provincial Expressway Development (SZSE:000429) A Risky Investment?
Guangdong Expressway A: 2024 Annual Results Report
Guangdong Expressway A (000429.SZ) performance brief: In the fiscal year 2024, the net income attributable to shareholders is 1.562 billion yuan, a decrease of 4.39% year-on-year.
On January 22, Gelonghui reported that Guangdong Highway A (000429.SZ) announced its performance report for the 2024 fiscal year, with total operating revenue of 4.57 billion yuan, a decrease of 6.34% year-on-year; net income attributable to shareholders of the listed company was 1.562 billion yuan, down 4.39% year-on-year; net income attributable to shareholders of the listed company, excluding non-recurring gains and losses, was 1.645 billion yuan, a decrease of 3.55% year-on-year; and basic EPS was 0.75 yuan. As of December 31, 2024, the total assets in the consolidated financial statements of the company amounted to 22.442 billion yuan, an increase of 1.073 billion yuan compared to the beginning of the period, representing a growth rate of 5.
Despite the Downward Trend in Earnings at Guangdong Provincial Expressway Development (SZSE:000429) the Stock Grows 7.8%, Bringing Three-year Gains to 121%
China Merchants: The performance and dividend stability are strong; under the expectation of interest rate cuts, the 2025 road Industry has strong allocation value.
Highways have characteristics of strong performance stability, high and stable dividend rates. Under the expectation of interest rate cuts over the next 25 years, highways have strong allocation value as core dividend Assets.
Calculating The Fair Value Of Guangdong Provincial Expressway Development Co., Ltd. (SZSE:000429)
Guangdong Expressway A (000429.SZ): The Huizhao Expressway expansion project will be implemented according to the adjusted investment scale, with the mainline scheduled to be completed by 2024.
Gelonghui November 22nd丨 Guangdong Expressway A (000429.SZ) stated in the investor relations event: (1) One section of the Beijing-Zhuhai Expressway Guangzhou-Zhuhai section expansion project (Zhongshan City to Zhuhai section) was completed and opened to traffic in September 2024, with the remaining sections scheduled to be completed in 2027; (2) The Jiangzhong Expressway expansion project has been fully completed and opened to traffic, and is currently applying for adjustment of toll standards and determination of toll years; (3) The Guangzhou-Zhaoqing Expressway expansion project is being implemented as planned; (4) The Huizhou-Yantian Expressway expansion project will be implemented according to the revised investment scale, with the mainline scheduled to be completed and opened to traffic within 2024. (5) Guangzhou-Huizhou Expressway
Guangdong Provincial Expressway Development Co., Ltd. (SZSE:000429) Stock Most Popular Amongst Private Companies Who Own 60%, While Individual Investors Hold 28%