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China Merchants Expressway Network Technology Holdings Co Ltd
SZSE:001965

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China Merchants Expressway Network Technology Holdings Co Ltd Logo
China Merchants Expressway Network Technology Holdings Co Ltd
SZSE:001965
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Price: 9.48 CNY 0.85% Market Closed
Market Cap: ¥64.4B

P/B

0.9
Current
13%
Cheaper
vs 3-y average of 1

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
0.9
=
Market Cap
¥62B
/
Total Equity
¥74.3B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
0.9
=
Market Cap
¥62B
/
Total Equity
¥74.3B

Valuation Scenarios

China Merchants Expressway Network Technology Holdings Co Ltd is trading below its 3-year average

If P/B returns to its 3-Year Average (1), the stock would be worth ¥10.95 (16% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+182%
Average Upside
53%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 0.9 ¥9.48
0%
3-Year Average 1 ¥10.95
+16%
5-Year Average 0.9 ¥10.05
+6%
Industry Average 0.9 ¥10.27
+8%
Country Average 2.4 ¥26.77
+182%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

Lower than 86% of companies in China
Percentile
14th
Based on 7 605 companies
14th percentile
0.9
Low
0 — 1.5
Typical Range
1.5 — 3.9
High
3.9 —
Distribution Statistics
China
Min 0
30th Percentile 1.5
Median 2.4
70th Percentile 3.9
Max 1 172 445.9

China Merchants Expressway Network Technology Holdings Co Ltd
Glance View

In the bustling landscape of China’s infrastructure sector, China Merchants Expressway Network Technology Holdings Co., Ltd., often known simply as China Merchants Expressway, stands as a monumental player. Rooted in the dynamic flow of Chinese transportation networks, the company has built its empire on the construction, operation, and maintenance of expressways. By weaving an extensive web of toll roads across key economic arteries, it facilitates the vital movement of goods and people across regions, fueling the country's thriving economy. As cars and trucks traverse these smoothly paved routes, the company earns its revenue through toll fees, ensuring a steady cash flow crucial for its operations and expansions. This strategic positioning within the transport network not only supports the infrastructure development but also invites significant government backing and partnerships, further solidifying its influence in this sector. Beyond traditional toll operations, China Merchants Expressway has embraced a forward-thinking approach by integrating cutting-edge technology into its model. It has invested heavily in innovations like electronic toll collection systems and smart expressway management, transforming the way traffic is monitored and managed. This blend of technology enhances operational efficiency, reducing congestion and maximizing safety, while simultaneously cutting down costs associated with manual operations. The company's vision extends beyond mere transport facilitation; it seeks to be at the forefront of technological advancement in expressway management. This dual focus on infrastructure and innovation allows China Merchants Expressway not just to dominate the highways, but to also steer the evolving landscape of China’s transportation future, where smart technology meets traditional infrastructure.

Intrinsic Value
9.66 CNY
Undervaluation 2%
Intrinsic Value
Price ¥9.48
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