PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
Zhejiang Expressway Co Ltd (0576.HK)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN

CNE1000004S4

Sector

Industrials

IPO Date

May 15, 1997

Highlights

Market Cap

HK$31.65B

EPS (TTM)

HK$0.48

PE Ratio

4.93

Total Revenue (TTM)

HK$8.62B

Gross Profit (TTM)

HK$3.29B

EBITDA (TTM)

HK$4.66B

Year Range

HK$4.41 - HK$7.34

Target Price

HK$6.17

Share Price Chart


Loading data...

Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart

The chart shows the growth of an initial investment of HK$10,000 in Zhejiang Expressway Co Ltd, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-20.00%-10.00%0.00%10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
0.37%
12.35%
0576.HK (Zhejiang Expressway Co Ltd)
Benchmark (^GSPC)

Returns By Period

Zhejiang Expressway Co Ltd had a return of 10.99% year-to-date (YTD) and 20.72% in the last 12 months. Over the past 10 years, Zhejiang Expressway Co Ltd had an annualized return of 0.81%, while the S&P 500 had an annualized return of 11.73%, indicating that Zhejiang Expressway Co Ltd did not perform as well as the benchmark.


0576.HK

YTD

10.99%

1M

-1.10%

6M

0.37%

1Y

20.72%

5Y (annualized)

2.93%

10Y (annualized)

0.81%

^GSPC (Benchmark)

YTD

26.90%

1M

0.96%

6M

12.91%

1Y

31.46%

5Y (annualized)

14.06%

10Y (annualized)

11.73%

Monthly Returns

The table below presents the monthly returns of 0576.HK, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
202411.32%3.10%-16.05%2.19%6.66%3.13%-2.66%-1.95%8.15%-5.15%-0.78%10.99%
202312.48%-6.36%-1.42%4.17%-4.90%2.59%5.04%-6.24%-0.34%0.86%-9.11%5.25%-0.07%
2022-3.89%5.39%-6.53%-1.37%6.78%4.47%-7.14%-5.38%-10.54%-8.97%19.10%3.62%-8.01%
2021-4.28%7.98%1.77%4.21%-0.30%2.52%-5.06%3.96%-5.87%7.63%6.37%-5.44%12.71%
2020-10.14%-7.68%-8.32%7.96%0.00%0.55%5.11%-9.20%6.89%-5.55%4.55%18.66%-1.32%
201918.41%1.87%9.89%-6.56%-2.62%5.98%-7.41%-13.91%3.35%-5.16%6.53%3.65%10.28%
20187.80%-7.67%-6.32%1.00%-2.97%-10.83%0.32%-6.46%4.50%0.92%0.00%3.35%-16.65%
20175.81%11.49%16.38%-4.72%-2.03%11.60%-4.41%0.41%-0.82%-0.62%-3.01%-7.80%21.01%
2016-27.47%1.92%20.75%-4.57%-4.17%0.14%9.88%7.99%-5.43%-0.61%1.97%-9.92%-16.26%
20159.77%-3.54%7.76%20.04%-2.11%-8.09%-17.01%-6.83%1.08%14.80%-1.67%-1.06%7.56%
2014-4.78%-2.44%3.82%-5.09%19.76%2.22%6.62%-7.89%2.33%0.11%11.00%3.80%29.91%
201312.95%-5.52%-5.84%-0.49%12.78%-3.27%4.27%-1.52%10.02%1.13%1.12%1.52%27.96%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of 0576.HK is 58, suggesting that the investment has average results relative to other stocks in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.


The Risk-Adjusted Performance Rank of 0576.HK is 5858
Overall Rank
The Sharpe Ratio Rank of 0576.HK is 5858
Sharpe Ratio Rank
The Sortino Ratio Rank of 0576.HK is 5151
Sortino Ratio Rank
The Omega Ratio Rank of 0576.HK is 5757
Omega Ratio Rank
The Calmar Ratio Rank of 0576.HK is 6565
Calmar Ratio Rank
The Martin Ratio Rank of 0576.HK is 5757
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Zhejiang Expressway Co Ltd (0576.HK) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for 0576.HK, currently valued at 0.47, compared to the broader market-4.00-2.000.002.004.000.472.62
The chart of Sortino ratio for 0576.HK, currently valued at 0.86, compared to the broader market-4.00-2.000.002.004.000.863.48
The chart of Omega ratio for 0576.HK, currently valued at 1.15, compared to the broader market0.501.001.502.001.151.48
The chart of Calmar ratio for 0576.HK, currently valued at 0.56, compared to the broader market0.002.004.006.000.563.77
The chart of Martin ratio for 0576.HK, currently valued at 1.32, compared to the broader market-10.000.0010.0020.0030.001.3216.74
0576.HK
^GSPC

The current Zhejiang Expressway Co Ltd Sharpe ratio is 0.47. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Zhejiang Expressway Co Ltd with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio0.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
0.47
2.55
0576.HK (Zhejiang Expressway Co Ltd)
Benchmark (^GSPC)

Dividends

Dividend History

Zhejiang Expressway Co Ltd provided a 6.53% dividend yield over the last twelve months, with an annual payout of HK$0.35 per share.


4.00%5.00%6.00%7.00%8.00%HK$0.00HK$0.10HK$0.20HK$0.30HK$0.4020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
DividendHK$0.35HK$0.39HK$0.41HK$0.39HK$0.36HK$0.39HK$0.33HK$0.34HK$0.37HK$0.38HK$0.36HK$0.35

Dividend yield

6.53%7.56%7.31%6.08%5.93%6.01%5.31%4.34%5.43%4.39%4.27%5.17%

Monthly Dividends

The table displays the monthly dividend distributions for Zhejiang Expressway Co Ltd. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024HK$0.00HK$0.00HK$0.00HK$0.00HK$0.35HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.35
2023HK$0.00HK$0.00HK$0.00HK$0.00HK$0.39HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.39
2022HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.41HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.41
2021HK$0.00HK$0.00HK$0.00HK$0.39HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.39
2020HK$0.00HK$0.00HK$0.00HK$0.00HK$0.36HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.36
2019HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.39HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.39
2018HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.33HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.33
2017HK$0.00HK$0.00HK$0.00HK$0.00HK$0.31HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.04HK$0.34
2016HK$0.00HK$0.00HK$0.00HK$0.00HK$0.31HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.06HK$0.37
2015HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.31HK$0.00HK$0.00HK$0.00HK$0.07HK$0.00HK$0.00HK$0.38
2014HK$0.00HK$0.00HK$0.00HK$0.00HK$0.29HK$0.00HK$0.00HK$0.00HK$0.00HK$0.07HK$0.00HK$0.00HK$0.36
2013HK$0.28HK$0.00HK$0.00HK$0.00HK$0.07HK$0.00HK$0.00HK$0.35

Dividend Yield & Payout


Dividend Yield
5.0%10.0%15.0%6.5%
Zhejiang Expressway Co Ltd has a dividend yield of 6.53%, which means its dividend payment is significantly above the market average.
Payout Ratio
200.0%400.0%600.0%800.0%73.8%
Zhejiang Expressway Co Ltd has a payout ratio of 73.81%, which is above the market average. This might signify the company's strong earnings or financial health. However, it could also hint at a more mature business phase with potentially slower growth.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-25.82%
-0.68%
0576.HK (Zhejiang Expressway Co Ltd)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Zhejiang Expressway Co Ltd. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Zhejiang Expressway Co Ltd was 74.88%, occurring on Oct 27, 2008. Recovery took 1408 trading sessions.

The current Zhejiang Expressway Co Ltd drawdown is 25.82%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-74.88%Dec 31, 2007201Oct 27, 20081408Jul 10, 20141609
-74.44%Aug 14, 1997258Sep 1, 1998921Jun 6, 20021179
-53.54%Jun 5, 20151183Mar 23, 20201116Oct 7, 20242299
-40.35%May 22, 199728Jul 4, 199728Aug 13, 199756
-33.35%Mar 3, 200451May 17, 2004645Dec 27, 2006696

Volatility

Volatility Chart

The current Zhejiang Expressway Co Ltd volatility is 6.06%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%25.00%30.00%35.00%JulyAugustSeptemberOctoberNovemberDecember
6.06%
2.23%
0576.HK (Zhejiang Expressway Co Ltd)
Benchmark (^GSPC)

Financials

Financial Performance

The chart below illustrates the trends in the financial health of Zhejiang Expressway Co Ltd over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

Annual
Quarterly

0.0

Valuation

The Valuation section provides an assessment of the market value of Zhejiang Expressway Co Ltd compared to its peers in the Infrastructure Operations industry.


PE Ratio
20.040.060.080.0100.04.9
The chart displays the price to earnings (P/E) ratio for 0576.HK in comparison to other companies of the Infrastructure Operations industry. Currently, 0576.HK has a PE value of 4.9. This PE value is considered to be low compared to the rest of the industry.
PEG Ratio
1.02.03.04.05.06.00.0
The chart displays the price to earnings to growth (PEG) ratio for 0576.HK in comparison to other companies of the Infrastructure Operations industry. Currently, 0576.HK has a PEG value of 0.0. This PEG ratio is much higher than those of other companies of the industry. This might be an indicator of the company being overvalued.

Historical P/E Ratio Chart

The chart below displays the historical trend of the price-to-earnings (P/E) ratio for Zhejiang Expressway Co Ltd.


Loading data...

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab