Dashboard
1
Weak Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 3.91%
- Poor long term growth as Net Sales has grown by an annual rate of 7.23% and Operating profit at 2.94% over the last 5 years
- High Debt Company with a Debt to Equity ratio (avg) at times
2
Flat results in Sep 25
3
With ROE of 7.98%, it has a very expensive valuation with a 0.82 Price to Book Value
4
Underperformed the market in the last 1 year
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-1.72%
0%
-1.72%
6 Months
-16.46%
0%
-16.46%
1 Year
-13.02%
0%
-13.02%
2 Years
6.65%
0%
6.65%
3 Years
1.01%
0%
1.01%
4 Years
35.02%
0%
35.02%
5 Years
15.56%
0%
15.56%
Henan Zhongyuan Expressway Co., Ltd. for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
7.23%
EBIT Growth (5y)
2.94%
EBIT to Interest (avg)
1.56
Debt to EBITDA (avg)
11.59
Net Debt to Equity (avg)
3.14
Sales to Capital Employed (avg)
0.13
Tax Ratio
36.12%
Dividend Payout Ratio
43.40%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
3.91%
ROE (avg)
6.61%
Valuation key factors
Factor
Value
P/E Ratio
10
Industry P/E
Price to Book Value
0.82
EV to EBIT
29.23
EV to EBITDA
16.20
EV to Capital Employed
0.96
EV to Sales
6.43
PEG Ratio
0.86
Dividend Yield
4.00%
ROCE (Latest)
3.28%
ROE (Latest)
7.98%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
No Trend
No Trend
OBV
No Trend
No Trend
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Quarterly Results Snapshot (Consolidated) - Mar'26 - YoY
Mar'26
Mar'25
Change(%)
Net Sales
1,438.60
1,299.10
10.74%
Operating Profit (PBDIT) excl Other Income
583.30
886.20
-34.18%
Interest
168.80
189.80
-11.06%
Exceptional Items
0.00
0.00
Consolidate Net Profit
367.10
355.80
3.18%
Operating Profit Margin (Excl OI)
405.50%
438.20%
-3.27%
USD in Million.
Net Sales
YoY Growth in quarter ended Mar 2026 is 10.74% vs 18.68% in Mar 2025
Consolidated Net Profit
YoY Growth in quarter ended Mar 2026 is 3.18% vs 25.28% in Mar 2025
Annual Results Snapshot (Consolidated) - Dec'25
Dec'25
Dec'24
Change(%)
Net Sales
6,581.20
6,952.80
-5.34%
Operating Profit (PBDIT) excl Other Income
2,298.90
2,927.20
-21.46%
Interest
733.00
897.60
-18.34%
Exceptional Items
146.70
-3.50
4,291.43%
Consolidate Net Profit
628.20
887.10
-29.18%
Operating Profit Margin (Excl OI)
165.40%
245.90%
-8.05%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2025 is -5.34% vs 22.31% in Dec 2024
Consolidated Net Profit
YoY Growth in year ended Dec 2025 is -29.18% vs 7.06% in Dec 2024
About Henan Zhongyuan Expressway Co., Ltd. 
Henan Zhongyuan Expressway Co., Ltd.
Transport Services
No Details Available.
Company Coordinates 
No Company Details Available






