Weigang Environmental Technology Holding Group Ltd.

Weigang Environmental Technology Holding Group Ltd.

HHKEX:1845
0.20
HKD
+0.00
(+1.01%)
179.82MMarket Cap
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
0.06
0.07
0.14
0.36
0.4
0.4
0.42
0.26
0.19
0.18
0.15
- -
Basic EPS, GAAP
0.01
0.01
0.02
0.04
0.05
-0.01
-0.01
-0.05
- -
-0.04
-0.05
- -
Free Cash Flow per Basic Share
0.01
-0.01
0.01
-0.06
-0.1
-0.08
-0.02
0.01
- -
-0.04
0.02
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.02
0.04
0.03
0.1
0.39
0.38
0.37
0.31
0.32
0.28
0.23
0.23
Tangible Book Value per Share
0.02
0.04
0.03
0.09
0.38
0.35
0.34
0.29
0.3
0.26
0.23
0.23
Basic Weighted Avg Shares
1,333
1,333
1,333
1,333
1,332
1,332
1,333
1,333
1,333
1,333
1,333
1,333
Sales/Revenue/Turnover
75
89
189
480
538
537
562
349
253
242
205
- -
Operating Margin (%)
32.55
29.08
27.71
20.12
20.52
5.52
4.97
-4.37
-2.34
-6.88
-16.07
- -
Depreciation Expense
- -
- -
- -
2
7
14
16
17
16
24
25
- -
Net Income, GAAP
16
20
30
50
67
-11
-12
-72
2
-49
-63
- -
Effective Tax Rate (%)
24.64
14.67
18.2
15.53
14.37
- -
- -
- -
287.35
- -
- -
- -
Profit Margin (%)
20.85
21.94
15.94
10.37
12.46
-2.04
-2.21
-20.73
0.69
-20.1
-30.83
- -
Working Capital
22
42
20
190
427
382
328
260
228
187
154
154
LT Debt
- -
- -
10
- -
4
13
3
8
7
25
42
42
Total Equity
33
52
35
159
574
595
571
493
528
472
398
398
Return on Invested Capital (%)
- -
50.08
86.14
77.58
23.53
- -
- -
- -
-0.88
- -
- -
- -
Return on Capital (%)
- -
45.79
63.18
43.99
14.64
- -
- -
- -
-0.01
- -
- -
- -
Return on Common Equity (%)
- -
45.79
68.99
59.57
20.65
-2.14
-2.49
-15.89
0.42
-12.24
-18.53
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
41
45
39
LT Borrowings
22
38
38
LT Finance Leases
2
4
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,333
1,333
1,333
Market Capitalization
267
159
162

Working Capital

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
464
442
419
Cash, Cash Equivalents & STI
50
66
96
Accounts Receivable, Net
251
218
193
Inventories
12
10
6
Total Current Liabilities
277
258
266
Payables & Accruals
- -
- -
- -
ST Debt
41
45
39
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
61.19%
-7.37%
-15.64%
Free Cash Flow
-1,030.94%
-1,859.43%
-151.34%
Net Income, GAAP
-238.55%
-489.67%
30%
Sales/Revenue/Turnover
21.65%
-16.1%
-15.24%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
253
2024
- -
- -
242
2025
- -
- -
205

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
-0.04
2025
- -
- -
-0.05

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

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

Company Description

CEO
Kai Yan Li
Full Time Employees
417
Sector
Industrial services
Industry
Environmental services
Address
No. 181 Science Boulevard Guangzhou GD China
IPO Date
Jan 3, 2019
Business
Weigang Environmental Technology Holding Group Limited engages in the research, design, integration, and commissioning of solid waste treatment systems, primarily for hazardous waste incineration, in the People's Republic of China. The company operates through two main segments: solid waste treatment, which includes hazardous waste incineration solutions, oil sludge thermal desorption treatment, pyrolysis treatment of solid waste, and cement plant parallel kiln co-treatment services; and oilfield auxiliary services encompassing petroleum transportation, meter maintenance, oil pipe repair, and water treatment. Founded in 1998 and headquartered in Guangzhou, China, the company serves customers in multiple provinces including Guangdong, Hubei, Zhejiang, Jiangxi, Xinjiang, and others, with ongoing projects featuring aggregate designed disposal capacities exceeding 131,000 tonnes per annum for hazardous waste incineration and operational facilities like the Yunfu and Maoming cement kiln co-treatment projects with combined capacities of 172,500 tonnes per annum. Recent developments include the formation of a joint venture, Jiangsu Weigang Resources Cycle Equipment Co., Ltd., in March 2025 with Changzhou Rongzhixiang Environmental Technology Co., Ltd., where a subsidiary contributes RMB14 million for a 70% stake to manufacture environmental protection equipment and advance chemical recycling technologies for waste plastics; an equity transfer in June 2024 to optimize internal structure and enhance project integration; and construction progress on a 220,000-tonne-per-annum pyrolysis solid waste treatment facility in Heshan, Guangdong, with trial operations planned for Q3 2025. In the first half of 2025, revenue totaled RMB80.7 million, primarily from hazardous waste incineration systems and oilfield services, reflecting expansions into resource recycling and operational enhancements amid market challenges.