Chengdu Xingrong Environment Co., Ltd.

000598.SZ

000598.SZChengdu Xingrong Environment Co., Ltd.

Shenzhen

6.36

CNY

+0.05

(+0.79%)

0.64EPS

9.94P/E

18.88BMarket Cap

Oct 24Next Earn

Upgrade to Unlock Non-US CompaniesTo view real-time data and analysis of companies outside of the United States, upgrade your account to our premium subscription.

Upgrade

ISIN

CNE000000HN4

Return %

Stock

S&P500

19.10

25.87

10.03

25.85

34.18

86.66

Use logarithmic scale

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	TTM
Revenue per Share	0.77	0.86	0.84	0.91	1.04	1.01	1.25	1.39	1.61	1.8	2.27	2.57	2.72	2.9
Basic EPS, GAAP	0.24	0.29	0.26	0.25	0.28	0.29	0.3	0.33	0.36	0.43	0.5	0.54	0.62	0.65
Free Cash Flow per Basic Share	0.14	-0.19	-0.14	-0.04	-0.1	-0.43	0.17	-0.11	-0.37	-0.5	-0.36	-0.3	-0.36	-1.76
Dividend per Share	0.11	0.09	0.08	0.06	0.08	0.09	0.12	0.14	0.14	0.18	0.22	0.25	0.28	0.34
Book Value per Share	0.72	0.96	1.7	1.84	2.12	2.31	2.55	2.77	3.04	3.38	3.78	4.21	4.71	4.85
Tangible Book Value per Share	1.02	1.23	1.66	1.69	1.95	2.14	2.09	2.34	1.94	1.68	1.21	1.44	1.56	1.81
Basic Weighted Avg Shares	2,534	2,503	2,867	3,009	2,945	3,015	2,986	2,994	3,004	2,986	2,968	2,972	2,971	2,968
Sales/Revenue/Turnover	1,962	2,152	2,417	2,725	3,062	3,058	3,731	4,160	4,838	5,373	6,751	7,630	8,087	8,615
Operating Margin (%)	39.39	41.81	37.97	33.91	31.58	30.48	32.24	32.22	30.49	31.57	30.69	29.76	31.34	32.23
Depreciation Expense	253	254	290	356	392	436	590	670	722	809	1,055	1,233	1,324	- -
Net Income, GAAP	599	726	746	752	825	874	896	988	1,081	1,298	1,494	1,618	1,843	1,924
Effective Tax Rate (%)	15.46	14.26	14.98	16.88	13.82	16.27	15.81	16.05	16.03	15.52	14.8	13.79	13.4	14.12
Profit Margin (%)	30.54	33.73	30.85	27.61	26.93	28.58	24.01	23.75	22.35	24.16	22.13	21.2	22.8	22.34
Working Capital	368	-377	268	416	150	-1,164	-635	-1,962	-883	-2,521	-2,106	-732	-2,217	-1,015
LT Debt	984	1,072	1,024	1,988	2,152	3,201	3,455	3,067	6,042	5,716	7,906	9,707	10,756	13,216
Total Equity	3,850	4,356	6,801	7,506	8,315	9,153	10,184	11,153	11,995	13,198	14,344	15,735	17,792	18,421
Return on Invested Capital (%)	12.36	12.51	10.75	8.48	8.05	6.76	7.46	7.36	7.14	7.33	8.17	8.07	7.94	7.92
Return on Capital (%)	22.37	19.21	15.64	11.55	10.74	10.07	8.7	8.49	8.04	8.43	8.92	8.4	8.43	8.24
Return on Common Equity (%)	46.36	34.24	20.47	14.46	14	13.24	12.29	12.42	12.41	13.51	14.02	13.63	13.92	14.04

Capital Structure

•

in mil. unless spec.

Working Capital

•

in mil. unless spec.

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)	10 years	5 years	1 year
Sales/Revenue/Turnover	13.05%	14.41%	5.99%
Net Income, GAAP	9.61%	13.36%	13.97%
Free Cash Flow	34.96%	48.95%	19.91%
Total Cash Common Dividend	15.27%	14.49%	8.62%
Total Equity	10.1%	9.81%	13.07%

Growth Rates

•

in mil. unless spec.

Quarterly Revenue

•

in mil. unless spec.

Quarterly Earnings Per Share

•

in mil. unless spec.

Quarterly Dividends Per Share

•

in mil. unless spec.

Company Description

CEO: Mr. Lei Yang
Full Time Employees: 4,867
Sector: Utilities
Industry: Regulated Water
Address: No. 1000, Jincheng Road Chengdu People's Republic of China 610041
IPO Date: Invalid Date
Website: www.cdxrec.com
Business: Chengdu Xingrong Environment Co., Ltd. provides water utilities and environmental services in China. The company produces, distributes, and markets tap water; and operates and manages sewage treatment services comprising municipal sewage, rural sewage, and industrial wastewater. It also engages in the investment, design, construction, operation management, technical development and consultation, and technical services of reclaimed water-related projects, as well as maintenance and repair of reclaimed water facilities; and sale of reclaimed water. In addition, the company is involved in the design, construction, and consulting of water supply and drainage services; and provision of pipeline technical services, such as water supply pipeline leakage control engineering, drainage pipeline inspection, repair and cleaning, pressure pipeline leak point positioning, underground pipeline detection, engineering measurement, data test of pipe networks, and other related technical and consultation services. It operates 8 waterworks, 13 sewage treatment plants, 2 waste-to-energy plants, 2 leachate treatment plants, and 1 sewage sludge treatment plant. The company was formerly known as Chengdu Xingrong Investment Co., Ltd. and changed its name to Chengdu Xingrong Environment Co., Ltd. in June 2015. Chengdu Xingrong Environment Co., Ltd. was founded in 1995 and is based in Chengdu, China.

	Dec'23	Mar'24	Jun'24
ST Debt	1,554	1,653	1,113
LT Borrowings	10,747	13,688	13,211
LT Finance Leases	10	4	5
Preferred Equity and Hybrid Capital	- -	- -	- -
Shares Outstanding	2,986	2,985	2,985
Market Capitalization	16,508	18,637	22,317

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	TTM
Revenue per Share	0.77	0.86	0.84	0.91	1.04	1.01	1.25	1.39	1.61	1.8	2.27	2.57	2.72	2.9
Basic EPS, GAAP	0.24	0.29	0.26	0.25	0.28	0.29	0.3	0.33	0.36	0.43	0.5	0.54	0.62	0.65
Free Cash Flow per Basic Share	0.14	-0.19	-0.14	-0.04	-0.1	-0.43	0.17	-0.11	-0.37	-0.5	-0.36	-0.3	-0.36	-1.76
Dividend per Share	0.11	0.09	0.08	0.06	0.08	0.09	0.12	0.14	0.14	0.18	0.22	0.25	0.28	0.34
Book Value per Share	0.72	0.96	1.7	1.84	2.12	2.31	2.55	2.77	3.04	3.38	3.78	4.21	4.71	4.85
Tangible Book Value per Share	1.02	1.23	1.66	1.69	1.95	2.14	2.09	2.34	1.94	1.68	1.21	1.44	1.56	1.81
Basic Weighted Avg Shares	2,534	2,503	2,867	3,009	2,945	3,015	2,986	2,994	3,004	2,986	2,968	2,972	2,971	2,968
Sales/Revenue/Turnover	1,962	2,152	2,417	2,725	3,062	3,058	3,731	4,160	4,838	5,373	6,751	7,630	8,087	8,615
Operating Margin (%)	39.39	41.81	37.97	33.91	31.58	30.48	32.24	32.22	30.49	31.57	30.69	29.76	31.34	32.23
Depreciation Expense	253	254	290	356	392	436	590	670	722	809	1,055	1,233	1,324	- -
Net Income, GAAP	599	726	746	752	825	874	896	988	1,081	1,298	1,494	1,618	1,843	1,924
Effective Tax Rate (%)	15.46	14.26	14.98	16.88	13.82	16.27	15.81	16.05	16.03	15.52	14.8	13.79	13.4	14.12
Profit Margin (%)	30.54	33.73	30.85	27.61	26.93	28.58	24.01	23.75	22.35	24.16	22.13	21.2	22.8	22.34
Working Capital	368	-377	268	416	150	-1,164	-635	-1,962	-883	-2,521	-2,106	-732	-2,217	-1,015
LT Debt	984	1,072	1,024	1,988	2,152	3,201	3,455	3,067	6,042	5,716	7,906	9,707	10,756	13,216
Total Equity	3,850	4,356	6,801	7,506	8,315	9,153	10,184	11,153	11,995	13,198	14,344	15,735	17,792	18,421
Return on Invested Capital (%)	12.36	12.51	10.75	8.48	8.05	6.76	7.46	7.36	7.14	7.33	8.17	8.07	7.94	7.92
Return on Capital (%)	22.37	19.21	15.64	11.55	10.74	10.07	8.7	8.49	8.04	8.43	8.92	8.4	8.43	8.24
Return on Common Equity (%)	46.36	34.24	20.47	14.46	14	13.24	12.29	12.42	12.41	13.51	14.02	13.63	13.92	14.04

	Dec'23	Mar'24	Jun'24
Total Current Assets	7,723	9,571	7,644
Accounts Receivable, Net	2,699	3,005	3,092
Cash, Cash Equivalents & STI	3,908	5,423	3,464
Inventories	228	260	246
Total Current Liabilities	9,940	8,900	8,658
Payables & Accruals	- -	- -	- -
ST Debt	1,554	1,653	1,113
Deferred Revenue	- -	- -	- -

Year	Q1	Q2	Q3	Q4	FY
2022	1,442	1,718	1,782	2,688	7,630
2023	1,582	1,898	2,211	2,396	8,087
2024	1,846	2,162	- -	- -	- -

Year	Q1	Q2	Q3	Q4	FY
2022	0.02	- -	- -	- -	0.25
2023	0.03	- -	- -	- -	0.28
2024	0.03	- -	- -	- -	- -

Chengdu Xingrong Environment Co., Ltd.

Growth Rates

(avg. rate of change)

Company Description

Growth Rates

(avg. rate of change)

Capital Structure

Working Capital

Quarterly Dividends Per Share

Year

Quarterly Earnings Per Share

Year

Quarterly Revenue

Year