Ganyue Expressway disclosed a performance forecast, expecting net profit attributable to the parent for the first half of 2026 to be between 180 million yuan and 260 million yuan, a year-on-year decline of 65.96% to 76.43%. Deducted non-recurring net profit is expected to be between 430 million yuan and 620 million yuan, a year-on-year decline of 0.91% to 31.27%. The company stated that the significant drop in net profit attributable to the parent was mainly due to a sharp year-on-year decline in fair value changes of financial assets held, while the decline in deducted non-recurring net profit was due to increased depreciation of highway assets and reduced profits from competitive businesses. Based on the closing price on July 14, the company's price-to-earnings ratio is approximately 12.49 to 13.93 times, the price-to-book ratio is approximately 0.5 times, and the price-to-sales ratio is approximately 1.56 times.
Jiangxi Ganyue Expressway Co LtdCompany expects net profit attributable to parent to drop 65.96%-76.43% YoY due to decline in fair value changes of financial assets and increased depreciation.