Zhejiang Expressway (0576) Releases 2025 Third Quarter Financial Results

Bulletin Express10-31

According to the latest announcement, Zhejiang Expressway (0576) reported revenue of RMB14.13 billion for the nine months ended September 30, 2025, compared to RMB12.98 billion in the same period last year. Operating costs rose from RMB7.53 billion to RMB9.10 billion, leading to a gross profit of RMB5.03 billion. Securities investment gains reached RMB2.48 billion, up from RMB1.03 billion a year earlier, while net profit for the period climbed from RMB5.20 billion to RMB6.17 billion. Basic earnings per share stood at 69.91 RMB cents, compared with 68.87 RMB cents for the corresponding period in 2024.

Non‑current assets increased from RMB71.26 billion at the end of 2024 to RMB72.98 billion by September 30, 2025, and current assets grew from RMB145.92 billion to RMB214.41 billion. The company also reported net current assets of RMB57.52 billion, compared with RMB37.66 billion at the end of 2024. Total assets less current liabilities amounted to RMB130.50 billion, while non‑current liabilities stood at RMB37.92 billion, resulting in equity attributable to owners of RMB49.27 billion.

In terms of cash flow, the company generated RMB3.04 billion from operating activities, used RMB9.71 billion in investing activities, and recorded RMB13.83 billion from financing activities. The net increase in cash and cash equivalents was RMB7.17 billion, positioning the balance at RMB28.09 billion as of September 30, 2025.

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