# Zhejiang Expressway Co., Ltd. (ZHEXF)

> Industrials · CN · Reports in CNY

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/ZHEXF/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2026 | ¥ 5.27B | ¥ 1.30B | N/A | N/A | N/A |
| 2025 | ¥ 19.67B | ¥ 5.31B | ¥ 4.45B | ¥ 112.21B | ¥ 50.41B |
| 2024 | ¥ 18.15B | ¥ 5.53B | ¥ 8.30B | ¥ 78.80B | ¥ 46.04B |
| 2023 | ¥ 17.20B | ¥ 5.31B | ¥ 8.68B | ¥ 82.47B | ¥ 39.79B |
| 2022 | ¥ 14.94B | ¥ 5.39B | ¥ 6.14B | ¥ 50.14B | ¥ 30.92B |
| 2021 | ¥ 16.60B | ¥ 4.86B | ¥ 1.98B | ¥ 54.51B | ¥ 27.15B |
| 2020 | ¥ 12.89B | ¥ 2.50B | ¥ -724.63M | ¥ 41.03B | ¥ 24.12B |
| 2019 | ¥ 12.41B | ¥ 3.85B | ¥ -622.20M | ¥ 38.47B | ¥ 21.59B |
| 2018 | ¥ 13.64B | ¥ 4.69B | ¥ 2.31B | ¥ 18.19B | ¥ 22.83B |
| 2017 | ¥ 10.63B | ¥ 3.54B | ¥ -1.22B | ¥ 14.11B | ¥ 20.65B |
| 2016 | ¥ 10.95B | ¥ 3.42B | ¥ 4.77B | ¥ 16.64B | ¥ 18.32B |
| 2015 | ¥ 14.35B | ¥ 3.43B | ¥ -3.45B | ¥ 14.58B | ¥ 16.74B |
| 2014 | ¥ 10.56B | ¥ 2.74B | ¥ 2.80B | ¥ 2.43B | ¥ 17.00B |
| 2013 | ¥ 9.28B | ¥ 2.25B | ¥ 860.42M | ¥ 1.84B | ¥ 15.97B |
| 2012 | ¥ 8.12B | ¥ 2.04B | ¥ 1.86B | ¥ 1.00B | ¥ 15.52B |
| 2011 | ¥ 7.99B | ¥ 2.24B | ¥ 2.84B | ¥ 1.46B | ¥ 15.18B |
| 2010 | ¥ 8.46B | ¥ 2.42B | ¥ 3.30B | ¥ 1.82B | ¥ 14.72B |
| 2009 | ¥ 8.16B | ¥ 2.43B | ¥ 4.05B | ¥ 622.38M | ¥ 14.18B |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | 2.23 |
| Liabilities / Eq | 3.98 |
| Current Ratio | 1.32 |

## Debt coverage

| Indicator | Value |
| --- | --- |
| Gross Debt / Earnings | 24.96 |
| Gross Debt / FCF | 31.97 |

## Other views

- [Metrics](https://sponda.capital/en/ZHEXF.md)
- [Charts](https://sponda.capital/en/ZHEXF/charts.md)
- [Compare](https://sponda.capital/en/ZHEXF/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-23.