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Qilu Expressway Co., Ltd. Class H
(1576)
Qilu Expressway Co., Ltd. Class H (1576) vs. iShares MSCI Hong Kong ETF (EWH)
Qilu Expressway Co., Ltd. Class H Business Overview & Revenue Model
Qilu Expressway Co., Ltd. Class H Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 7.02B | 5.61B | 2.93B | 2.00B | 1.69B |
| Gross Profit | 740.59M | 811.98M | 1.16B | 1.32B | 983.13M |
| EBITDA | 900.36M | 1.07B | 1.38B | 1.59B | 1.30B |
| Net Income | 484.59M | 525.26M | 781.69M | 853.43M | 620.78M |
Balance Sheet | |||||
| Total Assets | 21.08B | 14.51B | 10.41B | 6.63B | 6.71B |
| Cash, Cash Equivalents and Short-Term Investments | 1.33B | 599.75M | 1.71B | 590.47M | 542.09M |
| Total Debt | 10.68B | 7.17B | 3.84B | 2.65B | 3.34B |
| Total Liabilities | 14.85B | 8.46B | 4.68B | 3.24B | 3.81B |
| Stockholders Equity | 6.08B | 5.92B | 5.61B | 3.39B | 2.90B |
Cash Flow | |||||
| Free Cash Flow | -3.81B | -3.47B | -761.91M | 1.21B | 1.03B |
| Operating Cash Flow | 853.80M | 964.30M | 730.48M | 1.35B | 1.14B |
| Investing Cash Flow | -4.14B | -4.30B | -3.14B | 336.47M | -2.73B |
| Financing Cash Flow | 3.10B | 3.06B | 2.51B | -1.17B | 271.42M |
Qilu Expressway Co., Ltd. Class H Technical Analysis
Qilu Expressway Co., Ltd. Class H Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | $76.65B | 9.65 | 13.04% | 0.50% | 61.18% | 9.48% | |
75 Outperform | HK$3.61B | 6.28 | 11.55% | 2.39% | -2.20% | -12.73% | |
75 Outperform | $28.90B | 11.26 | 14.00% | 0.41% | 49.94% | -3.27% | |
73 Outperform | $18.54B | 9.61 | 8.46% | 1.29% | -13.19% | 18.52% | |
71 Outperform | $25.73B | 12.86 | 5.52% | 0.57% | -5.91% | -54.35% | |
70 Outperform | HK$4.22B | 7.96 | 12.09% | 2.53% | 23.94% | -9.82% | |
58 Neutral | HK$14.94B | 4.62 | -2.78% | 5.07% | 3.80% | -54.55% |
Qilu Expressway Co., Ltd. Class H Corporate Events
Qilu Expressway Co., Ltd. has issued a profit warning for the first half of 2025, reporting a significant 61.98% decrease in revenue compared to the same period in 2024, primarily due to reduced construction business revenue. However, toll income increased by 70.03% following the completion of the Jihe Expressway reconstruction, which resumed two-way traffic. Despite the increase in toll income, the company’s net profit decreased by 21.62%, attributed to higher depreciation, amortization, and financial costs after the project completion. The financial information is preliminary and subject to change, urging stakeholders to exercise caution.
Qilu Expressway Co., Ltd. has announced a proposed revision of the annual caps for its 2024-2026 Continuing Connected Transactions Framework Agreements due to increased business activities and project requirements. The company has entered into Supplemental Agreements with Shandong Hi-Speed Group to accommodate these changes, which will require compliance with the Hong Kong Listing Rules, including obtaining Independent Shareholders’ approval for certain agreements.
Qilu Expressway Co., Ltd. has announced its intention to enter into Supplemental Agreements with Shandong Hi-Speed Group to revise the annual caps under the 2024-2026 Continuing Connected Transactions Framework Agreements. These revisions are aimed at supporting the company’s expansion in expressway operations, construction projects, and industrial product sales, reflecting its growing operational scale and enhanced qualifications. The proposed adjustments to annual caps are intended to accommodate increased demand and improve market competitiveness, subject to approval by the company’s general meeting.
Qilu Expressway Co., Ltd. announced the resignation of Mr. Kang Jian as a non-executive director due to work adjustments, effective July 4, 2025. The company expressed gratitude for his contributions. Concurrently, the company proposed the appointment of Mr. Wang Hongyi as a new non-executive director, pending approval at the general meeting. Mr. Wang brings extensive experience in financial and investment management, having held significant roles in various companies, including Shandong Hi-Speed Group and Weihai Bank.
Qilu Expressway Co., Ltd. has announced the composition of its board of directors and the roles within its four special committees. This organizational update highlights the leadership structure and governance framework, which could influence the company’s strategic direction and operational efficiency.
Qilu Expressway Co., Ltd. has announced an update to its final cash dividend for the year ended December 31, 2024. The dividend, declared at RMB 0.1 per share, will be paid in Hong Kong dollars at HKD 0.109495 per share, following an exchange rate of RMB 1 to HKD 1.094945. The payment is scheduled for August 29, 2025, with the record date set for July 8, 2025. This announcement reflects the company’s commitment to returning value to its shareholders and may influence investor sentiment positively.
Qilu Expressway Co., Ltd. successfully held its 2024 Annual General Meeting on June 26, 2025, where all proposed resolutions were passed with unanimous support. The resolutions included the approval of the company’s work reports, annual report, profit distribution plan, and the appointment of audit firms for 2025. The meeting was attended by a significant majority of shareholders, demonstrating strong shareholder engagement and support for the company’s strategic decisions.
Qilu Expressway Co., Ltd. held an Extraordinary General Meeting (EGM) on May 9, 2025, where shareholders approved the appointment of Mr. Chen Xiulin as an executive director and Mr. Liu Qiang as a shareholder representative supervisor. The meeting saw a high participation rate, with 91.79% of voting shares represented, and all resolutions were passed unanimously. This development is expected to strengthen the company’s leadership and governance, potentially impacting its strategic direction and operational efficiency.
Qilu Expressway Co., Ltd. has announced the list of its board of directors, detailing the roles and functions of each member. This announcement highlights the company’s governance structure, which includes executive, non-executive, and independent non-executive directors, as well as the composition of four special committees, indicating a robust framework for strategic decision-making and oversight.
Qilu Expressway Co., Ltd. reported a 13.74% decline in revenue for the first quarter of 2025 compared to the same period in 2024, primarily due to decreased construction business revenue. However, toll income increased significantly by approximately 70.60%, attributed to the completion of the Jihe Expressway reconstruction, which enabled the resumption of two-way traffic. Despite the revenue drop, the company’s net profit only slightly decreased by 1.16%, impacted by higher depreciation, amortization, and financial expenses related to the expressway project. The financial information provided has not been audited, and stakeholders are advised to exercise caution.