road king infrastructure ltd
(1098:Stock Exchange of Hong Kong Limited)
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Road King Infrastructure Limited, an investment holding company, engages in the investment, development, operation, and management of toll roads and property projects in the People’s Republic of China. It operates in two segments, Toll Road, and Property Development and Investment. The Toll Road segment is involved in the development, operation, and management of toll roads through the infrastructure joint ventures. The Property Development and Investment segment engages in the development of properties for sale and for rental income potential and/or capital appreciation. The company has a toll road portfolio of 11 toll road projects spanning approximately 652 kilometers in 6 provinces of the People’s Republic of China. Road King Infrastructure Limited is based in Tsimshatsui, Hong Kong.
Last Reported Date: 03/19/13
road king infrastructure ltd (1098) Top Compensated Officers
road king infrastructure ltd (1098) Key Developments
Road King Infrastructure Ltd. at its AGM held on May 8, 2013, has declare a final dividend of HKD 0.30 per share for the year ended December 31, 2012.
Road King Infrastructure Ltd. board of directors announced that the property sales of the company together with its subsidiaries and a joint venture company for the three months ended March 31, 2013 was RMB 3,630 million. These comprised contracted sales of RMB 3,000 million, representing an increase of 57% as compared with RMB 1,910 million for the same period of last year, and subscribed sales of RMB 630 million. The Board also announced that the average daily traffic volume and toll revenue of the toll road projects in the first quarter of 2013 was 181,000 vehicles and RMB 430 million respectively.
Road King Infrastructure Ltd. announced audited consolidated cash flow results for the year ended December 31, 2012. For the year, net cash from operating activities was HKD 1,647,180,000 against net cash used in operating activities of HKD 2,238,573,000 in the same period a year ago. Purchases of property, plant and equipment was HKD 12,360,000 against HKD 13,997,000 in the same period a year ago.
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Industry Analysis
1098
Industry Average
| Valuation | 1098 | Industry Range |
| Price/Earnings | 6.5x |
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| Price/Sales | 0.6x |
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| Price/Book | 0.5x |
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| Price/Cash Flow | 6.5x |
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| TEV/Sales | NM | Not Meaningful |
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To contact ROAD KING INFRASTRUCTURE LTD, please visit www.roadking.com.hk. Company data is provided by Capital IQ. Please use this form to report any data issues.
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