Shenghui Cleanness Group Holdings Limited

Shenghui Cleanness Group Holdings Limited

HHKEX:2521
0.94
HKD
+0.03
(+2.73%)
1.66BMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.29
0.35
0.37
0.49
0.41
0.37
- -
Basic EPS, GAAP
0.02
0.02
0.02
0.02
0.03
0.01
- -
Free Cash Flow per Basic Share
0.01
0.01
- -
- -
-0.04
-0.02
- -
Dividend per Share
- -
0.02
- -
- -
- -
- -
- -
Book Value per Share
0.09
0.09
0.11
0.18
0.22
0.23
0.24
Tangible Book Value per Share
0.09
0.09
0.11
0.18
0.22
0.23
0.24
Basic Weighted Avg Shares
1,625
1,625
1,625
1,279
1,632
1,862
1,950
Sales/Revenue/Turnover
466
564
594
630
674
695
- -
Operating Margin (%)
10.72
8.42
6.62
4.56
4.26
5.6
- -
Depreciation Expense
3
4
4
4
7
11
- -
Net Income, GAAP
31
40
34
28
49
27
- -
Effective Tax Rate (%)
18.67
12.36
13.74
13.9
16.89
- -
- -
Profit Margin (%)
6.72
7.08
5.79
4.43
7.31
3.82
- -
Working Capital
117
119
153
265
216
239
254
LT Debt
7
7
7
6
14
9
5
Total Equity
141
143
177
299
385
459
472
Return on Invested Capital (%)
- -
23.82
18.65
10.91
4.1
- -
- -
Return on Capital (%)
- -
26.1
20.26
11.59
13.34
- -
- -
Return on Common Equity (%)
- -
28.11
21.51
11.72
14.4
6.32
- -

Capital Structure

CNY

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
36
73
84
LT Borrowings
- -
- -
- -
LT Finance Leases
14
9
5
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,950
1,950
1,950
Market Capitalization
534
1,086
1,434

Working Capital

CNY

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
456
441
470
Cash, Cash Equivalents & STI
105
68
50
Accounts Receivable, Net
322
303
355
Inventories
- -
- -
- -
Total Current Liabilities
176
202
216
Payables & Accruals
- -
- -
- -
ST Debt
36
73
84
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
28.38%
19.32%
Free Cash Flow
- -
199.74%
-49.82%
Net Income, GAAP
- -
5.02%
-46.12%
Sales/Revenue/Turnover
- -
8.51%
3.17%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
674
2025
- -
- -
695
2026
- -
- -
- -

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.03
2025
- -
- -
0.01
2026
- -
- -
- -

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Cheng Hua Li
Full Time Employees
7,902
Sector
Commercial services
Industry
Miscellaneous commercial services
Address
Office Block Guangzhou GD China
IPO Date
Dec 5, 2023
Website
gzshqj.com
Business
Shenghui Cleanness Group Holdings Limited engages primarily in the provision of cleaning and maintenance services in the People's Republic of China. The company's core offerings include basic cleaning and maintenance services; garbage collection and transportation; waste collection and transportation; water tank cleaning; and ancillary services targeting airports, shopping malls, commercial buildings, residential properties, commercial complexes, streets, parks, and other public spaces. Additionally, Shenghui provides specialized cleaning services such as stone cleaning and restoration and high-altitude cleaning using mobile elevated platforms. The company also engages in resale and recycling activities related to waste materials. Founded in 2000 and headquartered in Guangzhou, China, Shenghui operates across 14 provincial-level regions and serves over 700 customers, leveraging industry experience of more than two decades. Recent major developments include the strategic acquisition of shares in Best Technology (Shenzhen) Inc. (BTI), a company specializing in recycling technology, which is intended to enhance Shenghui’s operational capabilities and expand its involvement in environmentally friendly initiatives. In October 2024, Shenghui, through its subsidiary, successfully co-developed equipment and completed trial production of pulp from post-consumer paper products using BTI’s patented technology featuring zero wastewater discharge. This innovation aligns with the company’s ESG commitments and supports government policies on material recycling. Shenghui plans to deploy this technology in bio-based industrial parks across Hong Kong, Macau, and Singapore, and integrate it with its existing waste collection business. The company also pursues organic growth through expanding cleaning services into new markets and exploring acquisitions within the Greater Bay Area to strengthen geographic coverage and infrastructure tender capabilities. As of 2024, Shenghui reported a revenue increase to approximately RMB 673.6 million, reflecting steady business growth and strategic repositioning toward environmental sustainability and service expansion. The company employs over 8,000 staff and maintains a diversified service portfolio covering commercial, residential, and public sectors across China.