Zhejiang Tengy Environmental Technology Co., Ltd. Class H

Zhejiang Tengy Environmental Technology Co., Ltd. Class H

HHKEX:1527
2.29
HKD
+0.16
(+7.28%)
266.13MMarket Cap
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
7.82
8.54
7.08
5.87
6.36
5.38
4.5
5.65
3.5
4.59
5.52
5.58
- -
Basic EPS, GAAP
0.74
0.9
0.78
0.62
0.23
0.25
0.03
0.15
0.4
0.32
0.63
0.6
- -
Free Cash Flow per Basic Share
0.14
-0.72
0.03
-0.59
-0.59
0.08
0.95
-0.24
0.46
1.47
1.67
0.91
- -
Dividend per Share
0.47
0.03
- -
- -
- -
- -
- -
- -
- -
0.05
- -
- -
- -
Book Value per Share
1.78
3.71
4.5
5.11
5.34
5.6
5.63
5.78
6.18
6.45
7.07
7.68
7.68
Tangible Book Value per Share
1.78
3.63
4.35
5.11
5
5.27
5.32
5.49
6.17
6.33
6.96
7.57
7.57
Basic Weighted Avg Shares
100
108
135
135
135
135
135
135
135
135
135
135
135
Sales/Revenue/Turnover
782
920
956
792
859
727
607
763
472
620
745
754
- -
Operating Margin (%)
14.19
15.38
14.17
14.5
5.95
6.67
0.62
3.34
-2.58
11.23
15.78
15.52
- -
Depreciation Expense
4
5
10
8
9
7
8
8
8
4
6
5
- -
Net Income, GAAP
74
96
105
83
31
34
4
21
54
43
85
81
- -
Effective Tax Rate (%)
25.94
28.22
22.61
27.36
32.69
23.99
- -
19.87
29.25
30.05
21.55
19.63
- -
Profit Margin (%)
9.49
10.49
11.03
10.5
3.64
4.72
0.74
2.7
11.35
6.89
11.36
10.81
- -
Working Capital
112
397
503
527
557
589
507
456
638
587
680
759
759
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
241
501
607
690
721
756
760
781
834
870
955
1,036
1,036
Return on Invested Capital (%)
- -
17.76
14.9
11.73
4.77
5.33
- -
3.89
10.02
7.14
11.35
10.41
- -
Return on Capital (%)
- -
19.08
15.8
11.46
4.35
4.62
- -
2.9
6.61
5.37
8.73
7.76
- -
Return on Common Equity (%)
- -
26
19.04
12.83
4.43
4.64
0.59
2.68
6.64
5.01
9.28
8.18
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
85
114
114
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
135
135
135
Market Capitalization
119
174
239

Working Capital

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
1,770
1,878
2,093
Cash, Cash Equivalents & STI
660
699
817
Accounts Receivable, Net
544
475
350
Inventories
367
518
651
Total Current Liabilities
1,090
1,197
1,334
Payables & Accruals
- -
- -
- -
ST Debt
85
114
114
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.68%
6.43%
8.53%
Free Cash Flow
-110.88%
-44.81%
-45.4%
Net Income, GAAP
44.19%
118.66%
-3.77%
Sales/Revenue/Turnover
0.35%
8.04%
1.18%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
620
2024
- -
- -
745
2025
- -
- -
754

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.32
2024
- -
- -
0.63
2025
- -
- -
0.6

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

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

Company Description

CEO
Yu Bian
Full Time Employees
450
Sector
Producer manufacturing
Industry
Industrial machinery
Address
TENGY Industrial Park Zhuji ZH China 311825
IPO Date
Oct 12, 2015
Website
tengy.com
Business
Zhejiang Tengy Environmental Technology Co., Ltd, founded in 2009 and headquartered in Zhuji, Zhejiang Province, China, specializes in the design, development, manufacture, installation, and sale of environmental pollution prevention equipment and electronic products. The company provides a comprehensive range of atmospheric pollution control solutions, including electrostatic precipitators; bag electrostatic-bag composite precipitators; SO2 and NOx emission reduction precipitators; bag filters; pneumatic ash conveying systems; denitration devices; wet dust collectors; and desulfurization systems. These products are primarily installed in coal-fired power plants, metallurgical plants, paper mills, and various industrial production facilities. Additionally, Zhejiang Tengy offers engineering design, equipment procurement, installation services, and acts as a general contractor for air pollution control projects, serving project owners and construction contractors in Mainland China and internationally, with exports to over 20 countries including Russia, India, Indonesia, Thailand, and Japan. In recent years, Zhejiang Tengy has expanded its business scope and operational capabilities. Notably, in 2021 and 2023, the company engaged in strategic acquisitions to enhance its environmental technology portfolio, including acquiring stakes in renewable energy entities such as wind and solar power generation companies. In 2025, the company held board changes following its Extraordinary General Meeting, signaling governance adjustments aligned with its strategic growth. Operationally, Zhejiang Tengy has focused on transforming its product offerings from single products to integrated system engineering solutions, expanding from domestic markets to international markets, and reinforcing its position as a service-oriented enterprise with qualifications for general contracting of environmental pollution control projects. Zhejiang Tengy operates primarily within the environmental protection industry, targeting power generation sectors and industrial manufacturers that require pollution control and emission reduction solutions. As a recognized leading enterprise in China’s environmental pollution prevention equipment manufacturing sector, the company holds significant market share domestically and abroad. It continues to innovate with proprietary technologies in low-temperature electrostatic precipitators, wet electrostatic precipitators, ultra-clean electrostatic bag filters, SCR denitration, and flue gas bleaching. Zhejiang Tengy is publicly listed on the Hong Kong Stock Exchange under the ticker 1527.HK.