1. Hong Kong Stocks

  2. •

    Utilities

  3. •

    Water utilities
China Water Affairs Group Limited

China Water Affairs Group Limited

0.46
EUR
+0.00
(-0.22%)
886.56MMarket Cap
Dec 02Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
1.93
2.02
3.14
3.79
4.83
5.16
5.42
6.5
8.01
8.7
7.88
7.14
6.33
- -
Basic EPS, GAAP
0.2
0.26
0.4
0.57
0.73
0.85
1.02
1.06
1.17
1.14
0.94
0.66
0.6
- -
Free Cash Flow per Basic Share
-0.33
-0.39
-0.09
-0.34
-0.93
-0.98
0.19
-0.75
-0.24
-0.71
-1.45
0.09
-0.96
- -
Dividend per Share
0.05
0.06
0.07
0.09
0.24
0.27
0.3
0.31
0.32
0.18
0.34
0.28
0.28
- -
Book Value per Share
2.51
3.14
3.46
3.7
4.46
4.95
5.3
6.63
7.95
7.96
7.83
8.09
9.26
9.26
Tangible Book Value per Share
1.82
-1.86
-2.63
-3.58
-4.46
-5.87
-6.47
-7.92
-9.2
-10.8
-12.57
-13.78
-14.7
-14.7
Basic Weighted Avg Shares
1,423
1,417
1,508
1,505
1,571
1,609
1,605
1,592
1,618
1,632
1,632
1,632
1,632
1,629
Sales/Revenue/Turnover
2,747
2,859
4,740
5,708
7,580
8,302
8,694
10,346
12,950
14,195
12,859
11,656
10,336
- -
Operating Margin (%)
24.43
28.11
29.54
30.61
33.29
33.19
34.52
33.48
31.02
30.28
30.21
26.92
27.06
- -
Depreciation Expense
315
308
290
331
405
485
620
730
881
1,023
1,058
1,123
1,200
- -
Net Income, GAAP
281
371
608
854
1,141
1,369
1,639
1,692
1,894
1,857
1,534
1,075
986
- -
Effective Tax Rate (%)
29.21
31.04
26.93
29.72
28.45
23.15
20.77
24.58
23.98
23.16
23.1
26.26
23.01
- -
Profit Margin (%)
10.24
12.97
12.83
14.96
15.05
16.49
18.86
16.36
14.62
13.08
11.93
9.22
9.54
- -
Working Capital
957
122
1,409
2,550
359
1,313
953
-1,670
-2,749
-3,292
-3,872
-3,790
-4,988
-4,988
LT Debt
3,524
3,024
5,076
8,123
7,432
11,494
13,633
13,496
14,510
15,950
18,211
19,858
18,796
18,796
Total Equity
5,696
7,213
8,446
8,963
11,154
12,902
14,099
16,950
20,483
21,172
21,453
21,873
25,333
25,333
Return on Invested Capital (%)
6.01
6.57
8.24
8.59
8.75
8.91
8.08
7.83
7.6
7.36
6.34
5.16
4.33
- -
Return on Capital (%)
0.85
1.02
1.71
2.8
3.43
3.42
3.73
2.97
2.97
2.53
2.25
1.58
1.48
- -
Return on Common Equity (%)
8.14
9.19
12.41
15.69
17.84
18.09
19.9
17.8
16.13
14.3
11.9
8.28
6.98
- -

Capital Structure

HKD

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
5,783
8,093
7,834
LT Borrowings
19,449
16,411
18,376
LT Finance Leases
408
406
420
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,628
1,627
1,627
Market Capitalization
11,085
9,271
8,033

Working Capital

HKD

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
17,620
17,914
18,507
Cash, Cash Equivalents & STI
4,777
4,358
4,317
Accounts Receivable, Net
2,670
3,188
3,123
Inventories
673
1,392
732
Total Current Liabilities
21,409
23,888
23,495
Payables & Accruals
- -
- -
- -
ST Debt
5,783
8,093
7,834
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.9%
8.66%
15.82%
Free Cash Flow
-115.78%
-203.51%
-1,146.4%
Net Income, GAAP
7.14%
-9.12%
-8.23%
Sales/Revenue/Turnover
9.12%
0.94%
-11.32%
Total Cash Common Dividend
27.08%
6.69%
-0.19%

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
12,859
2025
- -
- -
11,656
2026
- -
- -
10,336

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.94
2025
- -
- -
0.66
2026
- -
- -
0.6

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.34
2025
- -
- -
0.28
2026
- -
- -
0.28

Company Description

Company Profile APIChatGPT
CEO
Duan Chuan Liang
Full Time Employees
9,800
Sector
Utilities
Industry
Water utilities
Address
Central Plaza Hong Kong Hong Kong
IPO Date
Oct 11, 1999
Website
chinawatergroup.com
Similar Companies
American Water Works Company, Inc. (NYSE:AWK)
Veolia Environnement SA (EURONEXT:VIE)
Companhia de Saneamento Basico do Estado de Sao Paulo SABESP (B3:SBSP3)
Power and Water Utility Company for Jubail and Yanbu (Marafiq) (TADAWUL:2083)
Essential Utilities, Inc. (NYSE:WTRG)
WHA Utilities and Power Public Company Limited (SET:WHAUP)
Business
China Water Affairs Group Limited is an investment holding company principally engaged in water supply, environmental protection, and property development and investment businesses in the People's Republic of China. The company operates through City Water Supply; Pipeline Direct Drinking Water Supply; Environmental Protection, including sewage treatment, drainage operation and construction, solid and hazardous waste management, environmental sanitation, and water environment management; Main Contractor Construction for municipal public works; and Property Development and Investment segments, providing comprehensive services such as water supply operations and construction, installation and maintenance of pipelines and water meters, sewage treatment, and value-added services like water resources projects. Founded in 1999 and formerly known as China Silver Dragon Group Limited until its name change in December 2004, China Water Affairs Group Limited is headquartered in Wan Chai, Hong Kong, with operations management centers in Beijing and Shenzhen, serving over 30 million people across 24 provinces, direct-administered municipalities, and autonomous regions in Mainland China through more than 60 water supply projects and numerous wastewater treatment facilities. In recent developments, the company, together with Chairman Duan Chuan-liang and Sharp Profit Investments Limited, completed a mandatory unconditional cash offer in September 2025 to acquire additional shares and options in Kangda International Environmental Company Limited, increasing its control to approximately 54.01% of Kangda's issued share capital for around HKD 330 million, enhancing its position in environmental services; additionally, it repurchased 5,610,000 ordinary shares for HKD 32.5 million as disclosed in its 2025 Annual Report to optimize capital structure, and successfully launched RMB 1 billion AA-rated blue bonds in early 2025 to fund sustainable projects including sewage treatment and pipeline repairs in Hunan Ningxiang.