Employees: 2,339
Size Chengdu Expressway (1785.HK) is a Hong Kong Industrials company (Engineering & Construction) with a market value of $395M, the 821st largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$1.91 on 6 Nov 2026.
Performance Over six months the shares fell 8.2%, against -11.9% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 9th highest of 19 in its peer set.
Growth Revenue grew 1.7% over the last twelve months (peer median -0.9%); the operating margin is 26.9% (peer median 4.1%).
Valuation It trades at 2.0× enterprise value to sales against a peer median of 1.4× (8th most expensive of 19).
Capital Return on invested capital runs 1.8 points above its cost of capital (5.0% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$3.21B | HK$3.17B | HK$3.15B | HK$3.19B | HK$3.01B |
| Revenue growth | — | 0% | -1% | +6% | — |
| Gross profit | HK$1.19B | HK$1.13B | HK$1.11B | HK$1.11B | HK$968M |
| EBITDA | n/a | HK$1.29B | HK$1.30B | HK$1.36B | HK$1.21B |
| Net income | HK$612M | HK$599M | HK$563M | HK$684M | HK$570M |
| Free cash flow | -HK$817M | -HK$427M | HK$363M | HK$1.14B | HK$816M |
| Capital expenditure | HK$1.79B | HK$1.24B | HK$545M | HK$140M | HK$220M |
| Total debt | HK$4.50B | HK$3.96B | HK$2.71B | HK$3.02B | HK$3.31B |
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 | 1785.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -5.9% | -5.9% | 10th highest of 20 |
| 6-month return | -8.2% | -11.9% | 9th highest of 19 |
| Distance from 52-week high | -22.7% | -31.8% | 9th highest of 21 |
| Revenue growth (TTM) | +1.7% | -0.9% | 8th highest of 19 |
| Operating margin | 26.9% | 4.1% | 2nd highest of 19 |
| EV / Sales | 2.0× | 1.4× | 8th most expensive of 19 |
| ROIC minus cost of capital | +1.8 pp | -1.7 pp | 4th highest of 18 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| 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 |
| Da Yi Cheng Technology 7951.TWO | Taiwan | $398M | n/a | n/a | n/a | n/a | n/a | n/a |
| Superland 0368.HK | Hong Kong | $392M | +405% | -6% | 6% | 4.0× | n/a | n/a |
| Multiconsult MULTI.OL | Norway | $390M | -17% | +4% | 5% | 0.7× | -5.8% | +9.6% |
| Daiichi Kensetsu 1799.T | Japan | $401M | -16% | +15% | 10% | 0.7× | -6.4% | +1.8% |
| YCIC Eco-Technology 002200.SZ | China | $401M | -22% | +41% | 0% | 3.0× | 34.5% | +14.0% |
| Steady Energy STEADY.HE | Finland | $388M | n/a | n/a | n/a | n/a | n/a | n/a |
| Anhui Gourgen Traffic Construction 603815.SS | China | $404M | -40% | -32% | -29% | 1.4× | n/a | n/a |
| Hangzhou Freely Communication 603602.SS | China | $386M | -14% | +11% | -6% | 1.5× | -14.4% | +18.7% |
| Zhong Fu Tong 300560.SZ | China | $405M | -18% | +15% | -1% | 2.8× | n/a | n/a |
| Daiho 1822.T | Japan | $405M | +2% | +1% | 5% | 0.3× | -12.7% | -2.9% |
| Tomoe 1921.T | Japan | $408M | -5% | +3% | 14% | 2.1× | -2.9% | +8.5% |
| Shanxi Installation 2520.HK | Hong Kong | $408M | +25% | -16% | 3% | 1.4× | n/a | n/a |
| Fujian Tendering 301136.SZ | China | $409M | -39% | -5% | -4% | 3.0× | n/a | n/a |
| Tekken 1815.T | Japan | $381M | -2% | -5% | 3% | 0.6× | n/a | n/a |
| Kawada Technologies 3443.T | Japan | $411M | -17% | -11% | 8% | 0.5× | -10.4% | -0.1% |
| Qilu Expressway 1576.HK | Hong Kong | $412M | -10% | -53% | 29% | 6.6× | 5.5% | +6.3% |
| Trevi Finanziaria Industriale TFIN.MI | Italy | $378M | +68% | -6% | 10% | 0.7× | -2.8% | +6.0% |