Employees: 678
Size Qilu Expressway (1576.HK) is a Hong Kong Industrials company (Engineering & Construction) with a market value of $412M, the 810th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$1.61 on 6 Nov 2026.
Performance Over six months the shares fell 9.8%, against -9.7% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 10th highest of 19 in its peer set.
Growth Revenue fell 52.8% over the last twelve months (peer median +0.8%); the operating margin is 28.8% (peer median 5.8%).
Valuation It trades at 6.6× enterprise value to sales against a peer median of 1.4× (2nd most expensive of 20).
Price implies For today's price to make sense, revenue must grow about 6% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is -1 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 1.7 points below its cost of capital (5.0% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$2.70B | HK$2.58B | HK$7.61B | HK$6.20B | HK$3.41B |
| Revenue growth | — | -66% | +23% | +82% | — |
| Gross profit | HK$894M | HK$888M | HK$803M | HK$897M | HK$1.35B |
| EBITDA | HK$1.59B | HK$1.54B | HK$942M | HK$1.08B | HK$1.61B |
| Net income | HK$421M | HK$415M | HK$525M | HK$580M | HK$909M |
| Free cash flow | HK$249M | -HK$621M | -HK$4.14B | -HK$3.86B | -HK$975M |
| Capital expenditure | HK$2.10B | HK$1.89B | HK$5.05B | HK$4.90B | HK$1.74B |
| Total debt | n/a | HK$14.5B | HK$13.5B | HK$10.1B | HK$6.34B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 1576.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -5.3% | -6.0% | 7th highest of 20 |
| 6-month return | -9.8% | -9.7% | 10th highest of 19 |
| Distance from 52-week high | -15.4% | -32.3% | 3rd highest of 21 |
| Revenue growth (TTM) | -52.8% | +0.8% | lowest of 20 |
| Operating margin | 28.8% | 5.8% | highest of 20 |
| EV / Sales | 6.6× | 1.4× | 2nd most expensive of 20 |
| Growth the price implies (Req g, 7 yrs) | 5.5% | -6.0% | 4th most demanding of 12 |
| Growth delivered (Del g) | +6.3% | +8.5% | 6th lowest of 12 |
| Hurdle (Req g minus delivered) | -0.7 pp | -11.4 pp | 3rd most demanding of 12 |
| ROIC minus cost of capital | -1.7 pp | +0.5 pp | 7th lowest of 19 |
| EV / EBITDA | 11.2× | 7.4× | 2nd most expensive of 11 |
| Net debt / EBITDA | 9.0× | -1.1× | 2nd most indebted of 13 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Qilu Expressway 1576.HK | Hong Kong | $412M | -10% | -53% | 29% | 6.6× | 5.5% | +6.3% |
| Kawada Technologies 3443.T | Japan | $411M | -17% | -11% | 8% | 0.5× | -10.4% | -0.1% |
| LCC Projects LCCPROJECT.NS | India | $414M | n/a | +23% | 12% | 1.2× | 8.6% | +43.2% |
| Fujian Tendering 301136.SZ | China | $409M | -39% | -5% | -4% | 3.0× | n/a | n/a |
| Shanxi Installation 2520.HK | Hong Kong | $408M | +25% | -16% | 3% | 1.4× | n/a | n/a |
| Tomoe 1921.T | Japan | $408M | -5% | +3% | 14% | 2.1× | -2.9% | +8.5% |
| Daiho 1822.T | Japan | $405M | +2% | +1% | 5% | 0.3× | -12.7% | -2.9% |
| Zhong Fu Tong 300560.SZ | China | $405M | -18% | +15% | -1% | 2.8× | n/a | n/a |
| Anhui Gourgen Traffic Construction 603815.SS | China | $404M | -40% | -32% | -29% | 1.4× | n/a | n/a |
| YCIC Eco-Technology 002200.SZ | China | $401M | -22% | +41% | 0% | 3.0× | 34.5% | +14.0% |
| Daiichi Kensetsu 1799.T | Japan | $401M | -16% | +15% | 10% | 0.7× | -6.4% | +1.8% |
| Asanuma 1852.T | Japan | $425M | -9% | -4% | 5% | 0.3× | -17.6% | +4.8% |
| Wee Hur E3B.SI | Singapore | $425M | -18% | +22% | 26% | 2.1× | -14.2% | +9.2% |
| GE Power India GVPIL.NS | India | $427M | -10% | +19% | 23% | 3.1× | 17.8% | -17.6% |
| Da Yi Cheng Technology 7951.TWO | Taiwan | $398M | n/a | n/a | n/a | n/a | n/a | n/a |
| Chengdu Expressway 1785.HK | Hong Kong | $395M | -8% | +2% | 27% | 2.0× | n/a | n/a |
| Phoenix Asia PHOE | United States | $395M | +18% | -2% | -17% | 427.7× | n/a | n/a |
| Shape Australia SHA.AX | Australia | $395M | -14% | +30% | 3% | 0.4× | -1.0% | +16.6% |
| Nichireki 5011.T | Japan | $394M | 0% | +1% | 8% | 0.8× | n/a | n/a |
| TANSEISHA 9743.T | Japan | $432M | +1% | -7% | 6% | 0.5× | -6.0% | +9.1% |
| Superland 0368.HK | Hong Kong | $392M | +405% | -6% | 6% | 4.0× | n/a | n/a |