Datang Environment Industry Group Co., Ltd. Class H

Datang Environment Industry Group Co., Ltd. Class H

HHKEX:1272
1.07
HKD
-0.03
(-2.73%)
2.73BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.37
2.71
4.75
3.3
2.7
2.89
2.16
2.3
1.78
1.79
1.93
1.94
1.82
- -
Basic EPS, GAAP
0.07
0.22
0.39
0.41
0.29
0.26
0.07
0.1
-0.07
0.09
0.18
0.19
0.19
- -
Free Cash Flow per Basic Share
0.02
0.09
-1.05
-0.11
-0.1
-0.11
-0.43
0.42
0.2
0.07
0.39
0.46
0.55
- -
Dividend per Share
0.09
- -
0.01
0.04
0.13
0.03
0.11
0.01
0.17
0.03
0.05
0.11
0.05
- -
Book Value per Share
0.38
0.54
1.19
2.1
2.27
2.4
2.36
2.43
2.32
2.38
2.52
2.6
2.74
2.6
Tangible Book Value per Share
0.29
0.51
1.16
2.07
2.22
2.33
2.28
2.34
2.23
2.3
2.45
2.53
2.67
2.53
Basic Weighted Avg Shares
2,400
2,400
1,812
2,469
2,968
2,968
2,968
2,968
2,968
2,968
2,968
2,968
2,968
2,968
Sales/Revenue/Turnover
5,688
6,499
8,610
8,156
8,024
8,588
6,415
6,821
5,288
5,323
5,720
5,771
5,401
- -
Operating Margin (%)
13.52
12.14
12.38
17.29
16.72
13.65
9.44
10.8
-1.04
8.92
14.01
15.2
15.47
- -
Depreciation Expense
231
275
323
432
516
573
777
787
685
625
662
682
680
- -
Net Income, GAAP
177
535
706
1,021
875
767
219
303
-208
272
522
549
573
- -
Effective Tax Rate (%)
16.24
16.97
15.96
14.25
15.14
16.45
19.06
34.49
- -
19.77
18.47
15.67
15.45
- -
Profit Margin (%)
3.11
8.24
8.2
12.51
10.9
8.93
3.41
4.44
-3.94
5.12
9.13
9.51
10.62
- -
Working Capital
110
654
931
2,994
2,128
1,977
1,884
1,851
1,093
404
2,014
2,218
2,033
2,218
LT Debt
2,781
2,281
3,373
3,466
3,017
2,906
3,323
2,879
2,163
889
1,964
1,451
393
1,451
Total Equity
1,318
1,687
3,627
6,415
6,926
7,319
7,234
7,339
6,756
6,897
7,282
7,510
7,940
7,510
Return on Invested Capital (%)
- -
12.29
13.74
12.71
10.24
7.97
3.3
2.84
- -
3.14
5.09
5.63
6.08
- -
Return on Capital (%)
- -
13.19
13
11.77
8.91
7.84
2.99
4.13
- -
3.7
5.39
5.49
5.51
- -
Return on Common Equity (%)
- -
39.66
27.71
20.96
13.48
11.06
3.1
4.26
-2.96
3.91
7.19
7.23
7.23
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
ST Debt
3,627
3,131
2,471
LT Borrowings
1,717
1,678
1,257
LT Finance Leases
247
247
194
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,968
2,968
2,968
Market Capitalization
2,438
2,209
2,565

Working Capital

CNY

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
Total Current Assets
10,753
9,860
8,552
Cash, Cash Equivalents & STI
1,811
1,554
1,006
Accounts Receivable, Net
7,464
6,965
6,366
Inventories
162
178
188
Total Current Liabilities
8,739
7,465
6,334
Payables & Accruals
- -
- -
- -
ST Debt
3,627
3,131
2,471
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.94%
1.72%
5.73%
Free Cash Flow
40.27%
77.6%
19.79%
Net Income, GAAP
-31.34%
-59.65%
4.44%
Sales/Revenue/Turnover
-3.87%
-3.97%
-6.41%
Total Cash Common Dividend
330.84%
485.31%
-51.85%

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
5,720
2024
- -
- -
5,771
2025
- -
- -
5,401

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.18
2024
- -
- -
0.19
2025
- -
- -
0.19

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.05
2024
- -
- -
0.11
2025
- -
- -
0.05

Company Description

CEO
Guang Xu
Full Time Employees
980
Sector
Commercial services
Industry
Miscellaneous commercial services
Address
No. 120 Zizhuyuan Road Beijing BE China 100097
IPO Date
Nov 15, 2016
Business
Datang Environment Industry Group Co., Ltd. delivers comprehensive environmental protection and energy efficiency solutions, primarily serving coal-fired power generation enterprises within the People's Republic of China, and expanding into Belt and Road regions such as India and Thailand. The company, a key subsidiary of China Datang Corporation Ltd., operates through distinct segments: Environmental Protection and Energy Conservation Solutions; Renewable Energy Engineering; Thermal Power Engineering; and Other Businesses. The Environmental Protection and Energy Conservation Solutions division is heavily focused on the concession operation of flue gas desulfurization (DeSOx) and denitrification (DeNOx) facilities for coal-fired power plants. It also encompasses the production and distribution of denitrification catalysts, an area where the company was recognized as the world's largest manufacturer of plate-type DeNOx catalysts by 2019 and continued this leadership in 2024. This segment further provides extensive engineering services for coal-fired power installations, covering everything from denitrification, desulfurization, and dust removal to ash and slag handling, along with broader environmental protection facilities and industrial site dust management. Additionally, it addresses water treatment services and energy conservation initiatives, including facility engineering and energy management contracting. This particular segment accounts for the majority of the company's revenue. Within Renewable Energy Engineering, the firm offers general contracting services for the construction of new wind power plants, biomass power plants, and photovoltaic power plants. The Thermal Power Engineering segment specializes in providing engineering, procurement, and construction (EPC) services for traditional thermal power plants. The Other Businesses category includes various specialized offerings, such as fiberglass chimney anti-corrosion treatments and general contracting for air cooling systems. This segment also contributes to the development of advanced pollution improvement technologies and delivers a range of testing, project management, and engineering technology services. Established in 2004 and headquartered in Beijing, Datang Environment Industry Group was listed on the Hong Kong Stock Exchange in November 2016. For the year ended December 31, 2024, the company reported revenue of RMB5,770.9 million, reflecting a 0.9% increase over the prior year, with gross profit rising by 7.4% to RMB1,229.4 million, achieving a gross profit margin of 21.3%. The company held its 2024 Annual General Meeting on June 27, 2025, where all proposed resolutions were passed, including the approval of a final dividend of RMB0.051 per share for 2024. In July 2025, it issued 500 million yuan in commercial paper to manage interest-bearing liabilities. The company also recently engaged in the formation of a joint venture focusing on emerging energy technologies, including hydrogen energy and carbon emission reduction, and disposed of certain concession assets in April 2025 due to unfavorable operating conditions. The company leverages its robust research and development capabilities, holding over 1,200 patents by 2019, to drive its technological leadership in environmental governance.