1. People's Republic of China Stocks

  2. •

    Utilities

  3. •

    Regulated Water
Chengdu Xingrong Environment Co., Ltd.

Chengdu Xingrong Environment Co., Ltd.

000598.SZ
Chengdu Xingrong Environment Co., Ltd.CN flagShenzhen Stock Exchange
6.65
CNY
-0.02
- -
19.84BMarket Cap
Chengdu Xingrong Environment Co., Ltd.
000598.SZ
(Shenzhen Stock Exchange)

Recent

price

6.65

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.65
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
3.04
3.04
3.1
Revenue per Share
0.17
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
0.67
0.67
0.69
Basic EPS, GAAP
-0.01
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
-0.31
0.11
-1.4
Free Cash Flow per Basic Share
0.12
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
0.35
0.36
0.37
Dividend per Share
0.3
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
5.18
5.64
5.33
Book Value per Share
0.83
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
2.16
2.76
2.4
Tangible Book Value per Share
2,491
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
2,978
2,981
2,975
Basic Weighted Avg Shares
1,610
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
9,049
9,068
9,233
Sales/Revenue/Turnover
34.37
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
32.4
33.16
32.91
Operating Margin (%)
223
253
254
290
356
392
436
590
670
722
809
1,055
1,233
1,324
1,534
1,712
- -
Depreciation Expense
419
599
726
746
752
825
874
896
988
1,081
1,298
1,494
1,618
1,843
1,996
2,005
2,043
Net Income, GAAP
15.49
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
14.99
16.11
16.28
Effective Tax Rate (%)
26.03
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
22.06
22.11
22.13
Profit Margin (%)
76
368
-377
268
416
150
-1,164
-635
-1,962
-883
-2,521
-2,106
-732
-2,217
-2,845
-914
-2,048
Working Capital
1,129
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
12,195
14,190
13,083
LT Debt
3,329
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
19,553
21,390
20,090
Total Equity
12.68
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
7.85
7.11
7.46
Return on Invested Capital (%)
23.81
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
8.09
7.34
7.73
Return on Capital (%)
73.84
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
13.57
12.43
13.51
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
2,652
2,685
2,697
LT Borrowings
12,175
13,521
13,071
LT Finance Leases
19
17
12
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,984
2,984
2,984
Market Capitalization
22,525
20,171
21,451

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
8,851
9,270
8,329
Cash, Cash Equivalents & STI
4,300
4,454
3,359
Accounts Receivable, Net
3,280
3,527
3,584
Inventories
227
232
239
Total Current Liabilities
11,696
10,504
10,377
Payables & Accruals
- -
- -
- -
ST Debt
2,652
2,685
2,697
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.92%
10.15%
9.39%
Free Cash Flow
12.15%
-35.11%
-136.57%
Net Income, GAAP
9.43%
9.21%
0.45%
Sales/Revenue/Turnover
11.75%
11.35%
0.21%
Total Cash Common Dividend
16.53%
14.56%
2.97%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,846
2,162
2,205
2,836
9,049
2025
2,023
2,169
2,520
- -
9,068
2026
2,087
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.15
- -
- -
- -
0.67
2025
0.17
- -
- -
- -
0.67
2026
0.18
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
- -
- -
- -
0.35
2025
0.05
- -
- -
- -
0.36
2026
0.04
- -
- -
- -
- -
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Business
Chengdu Xingrong Environment Co., Ltd. (000598.SZ) provides comprehensive water and environmental protection services in China, primarily engaging in tap water production and supply; sewage treatment and reclaimed water utilization; sludge disposal; landfill leachate treatment; waste incineration power generation; and kitchen waste disposal. The company operates through six segments including Sewage Processing, Tap Water Production and Sales, Sewage Pipe Network Operations, Water Supply and Drainage Network Engineering, Landfill Leachate Treatment, and Waste Incineration Power Generation, integrating investment, research and development, design, construction, operation, and technical services across the full industrial chain. Additional services encompass municipal pipeline construction, water supply engineering, drainage engineering, engineering surveying, and equipment maintenance and manufacturing. Founded in 1996 and headquartered in Chengdu, Sichuan Province, the company serves urban and rural domestic sewage treatment, industrial wastewater management, and municipal waste solutions, targeting government entities, residential customers, and industrial clients primarily in China. As a state-owned enterprise controlled by Chengdu Environmental Investment Group Co., Ltd. under the Chengdu State-owned Assets Supervision and Administration Commission, it maintains a strong focus on ecological protection and resource recycling. In recent developments, the company completed the acquisition of a 60% majority stake in Dongying Jinmo Environmental Technology Co., Ltd. from Tianjin MOTIMO Membrane Technology Group Co., Ltd., enhancing its membrane technology and wastewater treatment capabilities. Its wholly-owned subsidiary secured a 663 million yuan bid for the construction of the High-tech West District Water Quality Purification Center project in September 2025, marking a significant related-party infrastructure contract. Earlier in 2024, subsidiaries under Chengdu Environment Investment Group, including Chengdu Xingrong Renewable Energy Co., Ltd., signed a memorandum of cooperation for waste-to-energy projects in Uzbekistan, expanding international partnerships.