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    Water utilities
Taizhou Water Group Co., Ltd. Class H

Taizhou Water Group Co., Ltd. Class H

HHKEX:1542
0.51
HKD
-0.01
(-1.92%)
319.56MMarket Cap
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.05
2.31
3.36
3.14
2.42
2.6
2.71
3.03
3
3.03
- -
Basic EPS, GAAP
0.41
0.9
0.74
0.62
0.52
0.6
0.28
-0.42
-0.48
-0.36
- -
Free Cash Flow per Basic Share
2.18
0.71
-1.2
-3.18
-2.73
-2.64
-0.7
-0.28
-0.58
-0.17
- -
Dividend per Share
- -
- -
- -
- -
0.16
0.17
0.17
0.08
- -
- -
- -
Book Value per Share
1.74
2.05
2.6
3.82
4.18
4.62
4.72
4.36
3.85
5.4
3.85
Tangible Book Value per Share
1.48
1.74
2.29
3.56
4.18
4.61
4.72
4.36
3.84
5.38
3.84
Basic Weighted Avg Shares
200
200
150
150
200
200
200
200
200
200
200
Sales/Revenue/Turnover
410
463
504
472
484
520
543
606
601
606
- -
Operating Margin (%)
30.02
34.96
35.64
32.8
34.3
35.08
28.82
11.3
9.55
12.64
- -
Depreciation Expense
79
73
72
60
60
62
95
212
205
202
- -
Net Income, GAAP
82
180
110
93
103
120
56
-84
-96
-72
- -
Effective Tax Rate (%)
28.95
26.52
25.21
25.6
25.61
24.54
37.63
- -
- -
- -
- -
Profit Margin (%)
20.11
38.88
21.9
19.6
21.3
23.12
10.31
-13.85
-15.91
-11.8
- -
Working Capital
877
323
171
95
-76
-631
-897
-719
-593
-394
-593
LT Debt
1,327
942
982
1,479
1,964
2,653
3,094
3,332
3,495
3,240
3,495
Total Equity
453
482
645
902
1,019
1,130
1,167
1,078
978
1,282
978
Return on Invested Capital (%)
- -
5.96
7.8
5.67
4.58
4.19
2.37
- -
- -
- -
- -
Return on Capital (%)
- -
8.08
6.76
4.46
3.66
3.37
2.04
- -
- -
- -
- -
Return on Common Equity (%)
- -
47.57
23.78
14.41
12.88
13.68
5.99
-9.25
-11.64
-7.73
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
ST Debt
227
228
176
LT Borrowings
3,332
3,415
3,495
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
200
200
200
Market Capitalization
407
529
300

Working Capital

CNY

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
Total Current Assets
640
572
506
Cash, Cash Equivalents & STI
448
349
321
Accounts Receivable, Net
147
177
143
Inventories
5
5
5
Total Current Liabilities
1,360
1,229
1,099
Payables & Accruals
- -
- -
- -
ST Debt
227
228
176
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
5.68%
31.04%
Free Cash Flow
- -
-19.97%
-71.17%
Net Income, GAAP
- -
-59.66%
-25.11%
Sales/Revenue/Turnover
- -
4.72%
0.93%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
606
2024
- -
- -
601
2025
- -
- -
606

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.42
2024
- -
- -
-0.48
2025
- -
- -
-0.36

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.08
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Jun Yang
Full Time Employees
265
Sector
Utilities
Industry
Water utilities
Address
No. 308, Yin Quan Road Taizhou ZJ China 318020
IPO Date
Dec 31, 2019
Website
zjtzwater.com
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Business
Taizhou Water Group Co., Ltd. Taizhou Water Group Co., Ltd. engages primarily in water supply services in Mainland China, offering raw water, municipal water, pipeline direct drinking water, packaged drinking water, and tap water directly to end-users; it also provides installation of water pipelines, centralized water production and supply, bottled drinking spring water production, water transmission, water system management, water network maintenance, and sewage treatment operations. The company, founded in 1999 and headquartered at No. 308 Yin Quan Road, Xicheng Street, Huangyan District, Taizhou, Zhejiang Province, primarily serves the domestic market with approximately 256 employees and operates key facilities including the Taizhou Water Supply System Phases I through IV, boasting a designed raw water supply capacity of about 1,220,000 cubic meters per day. Its principal activities generated revenue of HK$601 million from water supply and pipeline installation in the latest reported period, underscoring its leading position in raw and municipal water supply within Taizhou. Recent financial disclosures highlight ongoing operations amid market challenges, including a market capitalization of HK$270 million and net losses reflecting broader utility sector dynamics as of late 2025, with no major acquisitions, partnerships, or strategic shifts publicly announced in the past 1-2 years.