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Kunming Dianchi Water Treatment Co., Ltd. Class H

Kunming Dianchi Water Treatment Co., Ltd. Class H

HHKEX:3768
0.30
HKD
0.00
(0.00%)
823.29MMarket Cap
Kunming Dianchi Water Treatment Co., Ltd. Class H
HKEX:3768
(Hong Kong Exchange)

Recent

price

0.30

P/E

ratio

- -

div

yld

- -

ROIC.AI

2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
1.02
1.15
0.89
1.29
1.39
1.78
1.87
2.25
2.01
1.76
1.55
1.44
- -
Revenue per Share
0.34
0.33
0.27
0.33
0.34
0.36
0.34
0.33
0.31
0.31
0.26
0.19
- -
Basic EPS, GAAP
-0.32
0.55
-0.11
-0.03
-1.01
-0.38
-0.78
-0.75
-0.65
0.13
0.25
-0.51
- -
Free Cash Flow per Basic Share
- -
0.35
- -
0.11
0.16
0.17
0.18
0.17
0.1
- -
- -
- -
- -
Dividend per Share
2.26
2.16
2.43
3.6
3.78
3.97
4.14
4.3
4.52
4.83
5.08
5.27
5.27
Book Value per Share
1.89
1.75
2.35
3.46
3.61
3.33
3.4
3.58
3.59
3.91
3.92
4.07
4.07
Tangible Book Value per Share
720
720
1,029
948
1,029
1,029
1,029
1,029
1,029
1,029
1,029
1,029
1,029
Basic Weighted Avg Shares
735
825
915
1,224
1,430
1,834
1,919
2,318
2,066
1,807
1,594
1,480
- -
Sales/Revenue/Turnover
42.24
37.98
42.47
35.38
32.73
28.7
27.45
25.46
36.03
38.62
40.47
44.76
- -
Operating Margin (%)
141
150
175
182
216
239
253
268
232
275
289
280
- -
Depreciation Expense
246
238
275
313
349
368
349
338
322
317
263
196
- -
Net Income, GAAP
11.65
11.25
15.66
15.66
15.77
15.54
15.66
14.4
11.79
16.76
16.04
16.65
- -
Effective Tax Rate (%)
33.39
28.8
30.06
25.58
24.38
20.09
18.16
14.6
15.6
17.51
16.51
13.26
- -
Profit Margin (%)
53
-59
-466
761
767
2,613
683
-330
92
115
1,320
1,689
1,689
Working Capital
289
1,171
742
1,092
1,765
3,867
3,082
2,193
2,523
2,005
2,098
2,162
2,162
LT Debt
2,328
2,219
2,499
3,706
3,901
4,094
4,272
4,436
4,658
4,977
5,242
5,435
5,435
Total Equity
- -
7.21
7.89
7.69
6.4
6.19
4.01
4.47
5.58
4.91
4.36
3.44
- -
Return on Invested Capital (%)
- -
7.71
8.35
7.98
7.49
6.43
5.93
5.5
5.09
5.13
4.7
3.81
- -
Return on Capital (%)
- -
10.45
11.67
10.11
9.18
9.23
8.35
7.78
7.1
6.58
5.16
3.68
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
2,491
2,406
3,031
LT Borrowings
2,098
2,391
2,162
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,029
1,029
1,029
Market Capitalization
600
573
740

Working Capital

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
6,016
6,556
6,838
Cash, Cash Equivalents & STI
131
159
93
Accounts Receivable, Net
4,472
4,946
5,404
Inventories
6
7
7
Total Current Liabilities
4,696
4,661
5,149
Payables & Accruals
- -
- -
- -
ST Debt
2,491
2,406
3,031
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.01%
4.93%
3.67%
Free Cash Flow
257.94%
-68.96%
-301.33%
Net Income, GAAP
-1.06%
-10.35%
-25.46%
Sales/Revenue/Turnover
7.28%
-4.32%
-7.19%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
1,807
2024
- -
- -
1,594
2025
- -
- -
1,480

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.31
2024
- -
- -
0.26
2025
- -
- -
0.19

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -
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Business
Kunming Dianchi Water Treatment Co., Ltd. (3768.HK) designs, develops, constructs, operates, and maintains water supply and wastewater treatment facilities primarily in the People's Republic of China. The company operates through three main segments: Wastewater Treatment, encompassing domestic wastewater treatment and reclaimed water production; Water Supply, focusing on running water and reclaimed water distribution to commercial, industrial, and governmental customers; and Others, including management services for trial operations, transportation, logistics, leasing, training, solid waste treatment, soil restoration, construction management, watershed management, clean energy initiatives, scientific research cooperation, project incubation, water quality testing, chemical product manufacturing and sales, and thermal production activities. It executes projects under build-own-operate, transfer-own-operate, transfer-operate-transfer, and build-operate-transfer concession arrangements. Founded in 1989 and headquartered at Wastewater Treatment Plant No. 7, Hubin Road, Kunming Dianchi National Tourist Resort, Kunming, Yunnan Province, China, the company serves the regulated water utilities sector with approximately 1,115 employees and focuses on the domestic market. Kunming Dianchi Water Treatment Co., Ltd. is a subsidiary of Kunming Dianchi Investment Co., Ltd., its controlling shareholder. In recent developments, the company secured an EPC contract valued at approximately RMB69.3 million in July 2025 for the expansion and renovation of Kunming No. 7 and No. 8 Water Purification Plants, in partnership with China Railway No.10 Engineering and Beijing General Municipal Engineering Design & Research Institute. It entered a New Framework Agreement with controlling shareholder Kunming Dianchi Investment and announced an Entrusted Loan Transaction extension, providing RMB200 million to Kunming Development from July 2025 to June 2026 to support financing cooperation. Additional changes include board and committee reshuffles, such as the appointment of Dr. Chan Ho Wah Terence as independent non-executive director and Ms. Lian Zhaoju as executive director in September 2025, alongside the resignation of company secretary Mr. Chiu Ming King in November 2025.