Fairvalue-Calculator Fairvalue-Calculator
EN DE

Henan Zhongyuan Expressway Company (600020) Fair Value & Analysis

Industrials · CN · Market cap 8.9B CNY

Price¥3.82
Fair Value¥5.83
Upside+52.6%
Quality95/100
Evidence: High Range ¥4.40 – ¥7.34

Fair value as of: Jun 24, 2026

Analysis

Henan Zhongyuan Expressway Company (600020) currently trades at ¥3.82, while our model-based Fair Value estimate is ¥5.83 — implying the stock looks roughly 52.6% undervalued today. We read business quality at 95/100 (high quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

About the company

Henan Zhongyuan Expressway Company Limited engages in investment, construction, operation, and management of expressways in China. The company operates Airport Expressway, the Zhengzhou-Zhumadian section of the Beijing-Hong Kong-Macau Expressway, the Zhengzhou-Yaoshan section of the Zhengluan Expressway, Zhengmin Expressway, Shangdeng Expressway, and the Yongcheng Section of Deshang Expressway. It also involved in the project investment, investment management, and investment consulting business; real estate development and sales; civil engineering construction; housing rental; and property management businesses, as well as property services. Henan Zhongyuan Expressway Company Limited was founded in 2000 and is based in Zhengzhou, China.

Open the full interactive analysis →

Similar stocks

China Merchants Expressway Network & Technology Holdings (001965) -25% Jiangsu Expressway Company (600377) +0% Shandong Hi-speed Company (600350) -44% Impulsora del Desarrollo y el Empleo en América Latina, S.A. (IDEALB1) +13% Promotora y Operadora de Infraestructura, S. A. B. de C. V. (PUODY) +174% Motiva Infraestrutura de Mobilidade S.A (MOTV3) +18%

Frequently asked questions

Is Henan Zhongyuan Expressway Company (600020) undervalued?
As of Jun 24, 2026, our model estimates a fair value of ¥5.83 versus a price of ¥3.82 — about +53% (undervalued). Model-based estimate, not financial advice.
What is the fair value of 600020?
Our 21-model fair value for Henan Zhongyuan Expressway Company is ¥5.83 (as of Jun 24, 2026), built from audited fundamentals. The current price is ¥3.82.
What is the quality score of 600020?
Henan Zhongyuan Expressway Company has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.