Beijing Enterprises Water Group Limited

Beijing Enterprises Water Group Limited

1.46
HKD
-0.03
(-2.34%)
24.67BMarket Cap
Mar 31Next Earn
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
0.5
0.66
1.09
1.6
1.68
2.03
2.28
1.8
2.28
2.13
2.23
2.42
2.2
- -
Basic EPS, GAAP
0.09
0.13
0.2
0.3
0.31
0.39
0.42
0.31
0.36
0.13
0.18
0.18
0.17
- -
Free Cash Flow per Basic Share
-0.08
-0.03
-0.4
-0.33
-0.63
-0.54
-0.47
-0.38
-0.35
0.14
0.04
0.1
0.46
- -
Dividend per Share
0.03
0.04
0.06
0.09
0.1
0.13
0.15
0.12
0.14
0.12
0.13
0.14
0.15
- -
Book Value per Share
0.96
1.16
1.3
2.09
2.17
2.61
2.95
3.11
3.48
3.24
3.07
3.53
3.53
3.53
Tangible Book Value per Share
0.6
0.8
0.86
1.47
1.57
1.96
2.2
2.4
2.29
1.89
1.75
2.01
1.94
1.94
Basic Weighted Avg Shares
7,756
8,643
8,715
8,712
8,763
9,332
9,918
9,993
10,013
10,082
10,009
10,028
10,028
10,028
Sales/Revenue/Turnover
3,908
5,708
9,468
13,915
14,748
18,966
22,633
17,989
22,789
21,485
22,286
24,270
22,062
- -
Operating Margin (%)
24.92
28.65
28.31
27.21
24.17
28.86
26.66
25.43
25.25
17.19
22.36
20.86
21.12
- -
Depreciation Expense
75
134
145
242
282
394
478
489
732
1,196
1,492
1,716
1,654
- -
Net Income, GAAP
661
1,148
1,722
2,633
2,754
3,637
4,143
3,132
3,603
1,274
1,807
1,811
1,686
- -
Effective Tax Rate (%)
23.5
22.27
21.94
20.9
16.46
22.85
22.68
19.24
21.12
28.49
23.93
21.84
19.85
- -
Profit Margin (%)
16.92
20.1
18.18
18.92
18.67
19.18
18.3
17.41
15.81
5.93
8.11
7.46
7.64
- -
Working Capital
2,173
2,340
267
1,091
-2,891
-3,501
-11,019
-7,430
-8,283
-3,657
-1,921
-1,897
1,660
1,660
LT Debt
9,340
12,500
17,088
25,102
24,641
36,475
39,811
41,145
51,498
58,351
56,401
60,505
57,264
57,264
Total Equity
9,715
12,208
14,227
21,462
22,993
29,155
37,355
40,519
52,112
52,207
49,202
55,962
56,055
56,055
Return on Invested Capital (%)
5.43
7.02
7.31
7.64
6.26
7.45
6.99
5.06
5.39
3.16
3.76
3.88
3.1
- -
Return on Capital (%)
5.34
6.18
6.72
7.41
6.26
7.12
6.41
4.47
4.33
1.8
2.53
2.49
1.9
- -
Return on Common Equity (%)
9.73
12.61
16.06
17.77
14.74
16.68
15.32
10.32
10.83
3.77
5.73
5.47
4.76
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
15,185
13,811
18,659
LT Borrowings
60,359
61,408
57,134
LT Finance Leases
146
159
131
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
10,028
10,028
10,028
Market Capitalization
23,652
21,690
22,167

Working Capital

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
41,372
43,933
46,261
Cash, Cash Equivalents & STI
9,009
8,648
9,567
Accounts Receivable, Net
11,376
11,690
11,589
Inventories
359
459
341
Total Current Liabilities
43,269
41,154
44,600
Payables & Accruals
- -
- -
- -
ST Debt
15,185
13,811
18,659
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.83%
7.39%
0.17%
Free Cash Flow
31.4%
54.63%
340.18%
Net Income, GAAP
6.46%
-2.89%
-6.92%
Sales/Revenue/Turnover
10.49%
4.9%
-9.1%
Total Cash Common Dividend
12.2%
6.12%
4.86%

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
22,286
2024
- -
- -
24,270
2025
- -
- -
22,062

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.18
2024
- -
- -
0.18
2025
- -
- -
0.17

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.13
2024
- -
- -
0.14
2025
- -
- -
0.15

Company Description

CEO
Zhu Pin Wang
Full Time Employees
81,250
Sector
Industrial services
Industry
Engineering & construction
Address
Central Plaza Hong Kong Hong Kong
IPO Date
Apr 19, 1993
Website
bewg.net
Business
Beijing Enterprises Water Group Limited is an investment holding company primarily engaged in water treatment services. Its main products and services include the construction and operation of sewage and reclaimed water treatment plants; seawater desalination plants; construction services for comprehensive water renovation projects; water distribution and sale of piped water; technical and consultancy services; and the sale of machineries related to sewage treatment and construction. The company also provides urban resources services such as urban environmental governance, hazardous waste treatment, waste electrical and electronic equipment treatment, recycling, and reuse products. Its operations extend across the People's Republic of China, Malaysia, Australia, Botswana, Singapore, Portugal, New Zealand, and Saudi Arabia. Beijing Enterprises Water Group operates through four primary segments: Sewage and Reclaimed Water Treatment and Construction Services; Water Distribution Services; Technical and Consultancy Services and Sale of Machineries; and Urban Resources Services. In the last one to two years, the company has focused on an asset-light transformation strategy and organizational restructuring by adopting a three-tier organizational structure comprising headquarters, major regions, and districts. It has enhanced operational services with increased entrustment operation projects, improved research and development, especially in equipment integration and advanced water treatment technologies, facilitating plant performance and capacity expansion. The company successfully applied its "prefabricated water plant" technology to reduce construction periods and costs for customers. It also recorded sustained reduction in administrative expenses and finance costs while maintaining positive free cash flow for three consecutive years. Founded in 1992 and headquartered in Wan Chai, Hong Kong, Beijing Enterprises Water Group Limited is a leading professional provider of water and environmental protection services encompassing investment, design, construction, operation, technical services, and capital operation within the water industry value chain. Its extensive water plant portfolio covers major provinces, autonomous regions, and municipalities across mainland China, with additional international projects. The company is affiliated with Beijing Enterprises Group and continues strategic developments in urban water treatment and environmental services markets globally.

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