---
title: "Anhui Expressway (600012.SH) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/600012.SH/norm.md"
symbol: "600012.SH"
name: "Anhui Expressway"
parent: "https://longbridge.com/en/quote/600012.SH.md"
datetime: "2026-05-20T16:59:10.849Z"
locales:
  - [en](https://longbridge.com/en/quote/600012.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/600012.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/600012.SH/norm.md)
---

# Anhui Expressway (600012.SH) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | 0.3140 | 0.2358 | 0.3024 | 0.2451 | 0.3323 |
| ROE | 16.40% | 12.69% | 16.96% | 13.62% | 17.33% |
| Revenue | 1.57B | 1.34B | 1.64B | 919.71M | 2.82B |
| Net income | 536.43M | 400.22M | 516.75M | 409.32M | 551.15M |
| Operating income | 777.05M | 676.94M | 777.89M | 556.79M | 727.49M |
| Gross margin | 52.69% | 57.63% | 50.50% | 66.44% | 27.64% |
| Net margin | 34.08% | 29.96% | 31.42% | 44.51% | 19.54% |
| Profit quality | 109.00% | 68.87% | 75.74% | 84.47% | 83.59% |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 31.56B | 30.41B | 29.06B | 30.14B | 29.00B |
| Leverage | 2.13 | 2.14 | 2.09 | 2.26 | 2.13 |
| BVPS | 7.82 | 7.49 | 7.28 | 6.99 | 7.30 |
| Turnover | 0.1808 | 0.2321 | 0.2690 | 0.2798 | 0.3280 |
| Cash & STI | 3.56B | 5.37B | 4.66B | 5.65B | 4.97B |
| Inv & Rec | 4.58M | 4.49M | 4.14M | 4.24M | 4.45M |
| LT assets | 2.13B | 2.59B | 2.54B | 2.59B | 1.84B |
| Net debt | 10.93B | 8.45B | 8.65B | 8.13B | 8.34B |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | 712.90M | 982.92M | 1.03B | 659.15M | 870.33M |
| Investing CF | -2.27B | -1.22B | -511.76M | -679.12M | -633.15M |
| Financing CF | 580.21M | 1.21B | -1.58B | 743.67M | 452.99M |
| Free CF | -267.99M | 2.30B | -1.83B | 1.09B | 814.12M |
| OCF coverage | 130.56% | 67.44% | 41.22% | 67.16% | 118.15% |
| Repaid & issued | 772.00M | 2.33B | 440.00M | 631.65M | 5.08B |
| CapEx | -354.25M | -339.08M | -473.62M | -721.78M | -667.45M |

## Distribution Plan

**Dividend Yield**: 3.76

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.604CNY | 2025-07-29 | 2025-07-30 | 2025-07-30 |
| Cash Dividend: 
0.601CNY | 2024-07-11 | 2024-07-12 | 2024-07-12 |
| Cash Dividend: 
0.55CNY | 2023-07-18 | 2023-07-19 | 2023-07-19 |