1. People's Republic of China Stocks

  2. •

    Industrials

  3. •

    Waste Management
Tianjin Capital Environmental Protection Group Company Limited

Tianjin Capital Environmental Protection Group Company Limited

1065.HK
Tianjin Capital Environmental Protection Group Company LimitedHK flagHong Kong Stock Exchange
3.58
HKD
+0.02
- -
8.13BMarket Cap
Tianjin Capital Environmental Protection Group Company Limited
1065.HK
(Hong Kong Stock Exchange)

Recent

price

3.58

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
1.03
1.08
1.16
1.24
1.31
1.35
1.37
1.52
1.71
2.02
2.36
3.21
3.07
2.97
3.05
3.04
2.25
Revenue per Share
0.19
0.19
0.19
0.2
0.22
0.23
0.31
0.36
0.35
0.36
0.4
0.49
0.51
0.55
0.51
0.55
0.42
Basic EPS, GAAP
-0.26
0.14
-0.12
-0.12
-0.02
1.28
-0.04
0.55
-0.79
-0.83
-0.71
0.07
0.17
-0.43
0.44
1.51
-0.27
Free Cash Flow per Basic Share
0.18
0.25
0.18
0.21
0.2
0.21
0.18
0.17
0.11
0.25
0.28
0.37
0.39
0.38
0.41
0.34
0.18
Dividend per Share
1.94
1.97
2.15
2.29
2.42
2.51
2.73
3.12
3.4
3.68
3.89
4.24
4.51
4.59
4.87
5.24
5.4
Book Value per Share
0.48
0.32
0.52
0.75
-1.42
-1.14
-0.86
-0.94
-2.63
-3.28
-3.1
-1.86
-0.64
-0.53
-0.09
0.87
1.12
Tangible Book Value per Share
1,427
1,452
1,416
1,409
1,401
1,437
1,430
1,412
1,432
1,409
1,425
1,415
1,473
1,573
1,583
1,568
1,570
Basic Weighted Avg Shares
1,468
1,562
1,637
1,750
1,828
1,934
1,959
2,148
2,448
2,851
3,364
4,536
4,522
4,665
4,827
4,760
3,537
Sales/Revenue/Turnover
36.86
36.82
34.78
32.46
34.12
30.53
32.5
39.04
35.43
29.43
32.26
25.61
29.12
33.56
33.74
31.96
33.23
Operating Margin (%)
228
257
288
338
334
317
323
340
391
509
573
630
598
660
757
758
- -
Depreciation Expense
271
276
269
282
308
331
443
508
501
507
570
693
751
865
807
862
655
Net Income, GAAP
24.99
25.57
26.35
25.59
26.67
29.72
24.8
27.77
24.19
15.98
15.6
19.76
16.17
18.33
16.85
20.38
21.82
Effective Tax Rate (%)
18.47
17.65
16.43
16.11
16.86
17.09
22.63
23.66
20.48
17.78
16.95
15.28
16.61
18.55
16.72
18.12
18.52
Profit Margin (%)
40
89
696
1,060
1,616
286
1,595
1,154
1,501
1,248
279
1,626
3,002
1,929
2,269
6,140
6,324
Working Capital
2,310
2,555
2,624
2,598
2,954
1,269
1,905
1,280
3,848
4,804
5,327
7,453
7,980
7,890
7,915
8,917
8,668
LT Debt
3,576
3,716
3,933
4,135
4,338
4,619
5,004
5,582
6,615
7,142
7,582
8,104
9,502
10,216
10,797
11,399
11,695
Total Equity
6.14
6.02
5.68
5.6
5.98
5.67
6.77
7.82
6.83
5.89
6.69
6.03
6.29
6.64
6.7
5.79
4.23
Return on Invested Capital (%)
6.43
6.79
6.97
6.9
6.8
7.02
8.54
8.69
7.24
6.05
6
6.48
6.33
6.52
5.72
5.48
4.3
Return on Capital (%)
10.04
9.81
9.11
8.99
9.32
9.45
11.81
12.24
10.81
10.09
10.63
12.01
11.88
12.48
10.82
10.84
7.97
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
1,367
1,474
LT Borrowings
- -
8,914
8,664
LT Finance Leases
- -
3
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
1,570
1,570
Market Capitalization
5,380
5,963
5,776

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
9,880
10,092
Cash, Cash Equivalents & STI
- -
4,718
4,284
Accounts Receivable, Net
- -
3,919
4,547
Inventories
- -
43
45
Total Current Liabilities
- -
3,740
3,768
Payables & Accruals
- -
- -
- -
ST Debt
- -
1,367
1,474
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.54%
8.58%
5.57%
Free Cash Flow
-210.9%
-59.35%
241.31%
Net Income, GAAP
10.63%
9.06%
6.83%
Sales/Revenue/Turnover
9.91%
7.95%
-1.4%
Total Cash Common Dividend
11.26%
7.06%
-18.56%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,080
1,138
1,171
1,438
4,827
2025
1,102
1,075
- -
1,313
4,760
2026
1,149
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.16
- -
- -
- -
0.51
2025
0.16
- -
- -
- -
0.55
2026
0.18
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.05
- -
- -
- -
0.41
2025
0.04
- -
- -
- -
0.34
2026
0.04
- -
- -
- -
- -
Similar Companies
Charah Solutions, Inc. (CHRA)
Grandtop Yongxing Group Co., Ltd. (601033.SS)
Antony Waste Handling Cell Ltd. (AWHCL.NS)
Eco Systems Limited (ESL.AX)
Tomra Systems ASA (TMRAF)
Suido Kiko Kaisha, Ltd. (6403.T)
Business
Tianjin Capital Environmental Protection Group Company Limited is a China-based environmental protection company principally engaged in sewage treatment, recycled water production, tap water supply, energy cooling and heating services, sludge treatment, hazardous waste treatment, and environmental protection equipment customization. The company also provides environmental technology products and services and undertakes construction, management, and entrusted operation of related facilities. Its key business segments include sewage water processing and sewage treatment plant construction, recycled water and auxiliary projects, heating and cooling supply services, tap water and water plant facilities construction, sales of environmental protection equipment, and other environmental services. The company operates primarily in the People's Republic of China and serves municipal utilities, industrial clients, and residential customers. It is a subsidiary of Tianjin Municipal Investment Company Limited and was incorporated in 1993, with its headquarters located in Tianjin, China. Recent major developments include the signing of an engineering consultation service agreement with Tianjin Infrastructure Consultant for the Phase II relocation and standard enhancement of the Xianyang Road Sewage Water Treatment Plant, expected to continue until December 2029. The company also advanced in water recycling asset acquisitions and approved a RMB40 million loan to its subsidiary. Furthermore, the company terminated the concession project for the Dasha Dam sewage treatment plants in Enshi City, reflecting strategic operational adjustments. These moves signal Tianjin Capital's ongoing focus on expanding and optimizing its environmental infrastructure projects and technology services. Tianjin Capital Environmental Protection Group emphasizes sustainable development through its diversified service offerings, including new energy cooling and heating supply, distributed photovoltaic power generation, and solid waste management, focusing on sludge disposal and resource utilization. This comprehensive approach positions the company as a key player in China's environmental sector, supporting municipal and industrial pollution control, water resource management, and renewable energy initiatives. With over 2,300 employees, the company continues to leverage innovative eco-technologies and infrastructure solutions aligned with national environmental goals.