Anhui Expressway Company Limited / Fundamentals

    Income statement

    Net revenue
    €937.07M
    Cost of goods sold
    €616.41M
    Gross profit
    €320.65M
    SG&A expenses
    €4.85M
    R&D expenses
    €0.00
    EBITDA
    €316.28M
    D&A
    €4.22M
    EBIT
    €290.74M
    Interest expenses
    €25.91M
    EBT
    €291.15M
    Tax expenses
    €70.14M
    Net income
    €219.16M

    Cash flow statement

    Net deferred tax
    €0.00
    Non-cash items
    €213.93M
    Changes in working capital
    €0.00
    Operating cash flow
    €263.46M
    Capex
    €410.97M
    Other investing cash flow
    €71.00M
    Net investing cash flow
    -€410.63M
    Total cash dividends paid
    -€146.18M
    Issuance of common stock
    €0.00
    Debt repayment
    €814.43M
    Other financing cash flow
    -€499.58M
    Net financing cash flow
    €168.66M
    Foreign exchange effects
    €0.00
    Net change in cash
    €78.74M
    Cash at end of period
    €430.26M
    Free cash flow
    €674.43M

    Balance sheet

    Cash and cash equivalents
    €680.47M
    Cash and short-term investments
    €680.47M
    Total receivables
    €54.64M
    Inventory
    €511.17K
    Other current assets
    €2.69M
    Total current assets
    €738.31M
    Property, plant & equipment
    €273.90M
    Goodwill
    €0.00
    Intangible assets
    €2.39B
    Long-term investments
    €211.99M
    Other non-current assets
    €0.00
    Total non-current assets
    €2.89B
    Total assets
    €3.63B
    Accounts payable
    €170.21M
    Short-term debt
    €0.00
    Other current liabilities
    €226.72M
    Total current liabilities
    €406.51M
    Long-term debt
    €1.60B
    Deferred tax liabilities
    €1.97M
    Other non-current liabilities
    €0.00
    Total non-current liabilities
    €1.61B
    Total liabilities
    €2.02B
    Common stock
    €205.79M
    Retained earnings
    €1.18B
    Other equity
    -€70.06K
    Total equity
    €1.61B
    Total liabilities and shareholders' equity
    €3.63B

    Company information

    Market capitalization
    €3.25B
    Employees
    1.9K
    Enterprise Value
    €34.33B

    Company ratios

    Gross margin
    34.2% Even with peer group: 36.5%
    EBITDA margin
    33.8% Worse than peer group: 44.7%
    EBIT margin
    31.0% Even with peer group: 27.2%
    EBT margin
    31.1% Even with peer group: 28.9%
    Net margin
    23.4% Even with peer group: 22.6%
    ROE
    13.6% Better than peer group: 8.0%
    ROA
    6.0% Even with peer group: 4.5%
    Asset turnover
    25.8% Even with peer group: 26.0%
    FCF margin
    -15.7% Worse than peer group: -2.9%
    FCF yield
    -4.5%
    Efficiency ratio
    66.2%
    Net sales per employee
    €484.02K
    Net income per employee
    €113.20K

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