1. Hong Kong Stocks

  2. •

    Industrial services

  3. •

    Environmental services
Capital Environment Holdings Limited

Capital Environment Holdings Limited

HHKEX:3989
0.08
HKD
+0.00
(-1.23%)
1.06BMarket Cap
Capital Environment Holdings Limited
HKEX:3989
(Hong Kong Exchange)

Recent

price

0.08

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
0.12
0.01
0.01
0.06
0.14
0.22
0.19
0.24
0.33
0.42
0.53
0.38
0.32
0.29
0.26
- -
- -
Revenue per Share
-0.47
-0.14
-0.04
-0.02
-0.01
0.01
- -
0.01
0.01
0.02
0.03
0.04
0.11
0.02
0.02
- -
- -
Basic EPS, GAAP
-0.32
-0.03
-0.03
-0.07
-0.08
-0.02
-0.02
-0.05
-0.09
-0.13
-0.14
-0.13
-0.09
-0.05
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
0.03
0.01
- -
- -
- -
- -
- -
0.01
- -
- -
- -
Dividend per Share
0.04
0.03
0.02
0.07
0.24
0.33
0.22
0.22
0.24
0.25
0.39
0.43
0.45
0.45
0.47
- -
0.48
Book Value per Share
0.03
0.03
0.02
0.05
-0.39
-0.05
-0.05
-0.06
-0.06
-0.08
0.02
-0.05
0.17
0.11
0.13
- -
0.14
Tangible Book Value per Share
1,346
1,946
2,683
3,997
5,650
12,256
14,295
14,295
14,295
14,295
14,295
14,295
14,295
14,295
14,295
14,295
14,295
Basic Weighted Avg Shares
166
16
14
221
771
2,639
2,708
3,495
4,648
5,938
7,647
5,396
4,589
4,077
3,667
- -
- -
Sales/Revenue/Turnover
-157.76
-363.83
-389.17
25.3
2.01
13.12
11.44
13.5
13.8
16.1
17.68
23.92
21.28
25.25
26.16
- -
- -
Operating Margin (%)
17
4
3
3
26
243
266
275
281
375
454
512
306
295
265
- -
- -
Depreciation Expense
-633
-263
-118
-97
-55
158
44
148
183
303
465
511
1,629
285
234
- -
- -
Net Income, GAAP
- -
- -
- -
- -
- -
12.41
29.21
21.34
29.76
32.83
36.2
31.41
28.07
12.68
20.14
- -
- -
Effective Tax Rate (%)
-380.21
-1,615.65
-835.11
-44.04
-7.08
5.98
1.62
4.24
3.93
5.1
6.08
9.47
35.49
7
6.39
- -
- -
Profit Margin (%)
53
-142
19
110
-3,310
1,167
348
-1,768
1,617
1,538
-2,466
-895
1,536
2,802
1,964
- -
810
Working Capital
411
233
517
474
510
2,935
3,257
1,553
6,549
9,371
7,153
10,011
7,874
9,108
7,607
- -
6,073
LT Debt
61
51
41
531
2,474
4,365
4,292
4,465
4,804
5,241
7,189
7,717
6,684
6,696
6,991
- -
7,188
Total Equity
- -
- -
- -
- -
- -
4.88
2.84
4.29
4.25
4.73
4.46
4.12
3.43
4.66
3.67
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
1.93
1.02
2
2.41
3.23
4.34
3.74
3.04
4.06
3.08
- -
- -
Return on Capital (%)
-270.24
-424.95
-206.24
-45.7
-6.25
6.91
1.39
4.7
5.56
8.67
10.06
8.63
25.64
4.42
3.58
- -
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Jun'24
Dec'24
Jun'25
ST Debt
1,336
3,060
4,880
LT Borrowings
9,262
7,607
6,061
LT Finance Leases
- -
- -
11
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
14,295
14,295
14,295
Market Capitalization
1,064
1,249
965

Working Capital

CNY

•

in mil. unless spec.
Jun'24
Dec'24
Jun'25
Total Current Assets
6,924
7,211
7,561
Cash, Cash Equivalents & STI
2,179
2,325
2,224
Accounts Receivable, Net
2,531
2,580
2,757
Inventories
80
90
96
Total Current Liabilities
3,425
5,247
6,752
Payables & Accruals
- -
- -
- -
ST Debt
1,336
3,060
4,880
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
- -
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
3,667
2025
- -
- -
- -
2026
- -
- -
- -

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.02
2025
- -
- -
- -
2026
- -
- -
- -

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -
Similar Companies
Waste Management, Inc. (NYSE:WM)
Republic Services, Inc. (NYSE:RSG)
PureCycle Technologies, Inc. (NASDAQ:PCT)
Decent Holding Inc. (NASDAQ:DXST)
Enviro Infra Engineers Limited (NSE:EIEL)
GFL Environmental Inc. Subordinate voting shares, no par value (NYSE:GFL)
Business
Capital Environment Holdings Limited, an investment holding company incorporated in 2004 and headquartered in Hong Kong with principal operations in Mainland China, provides comprehensive waste management solutions and environmental infrastructure services, specializing in waste treatment technologies including technology development, design, system integration, project investment, consultancy, operation, and maintenance of waste treatment facilities and waste-to-energy projects; kitchen waste and hazardous waste treatment; municipal solid waste treatment and recycling; waste collection and transportation; waste management; construction waste treatment technical services; recycling and disassembly of waste electrical and electronic equipment; environment restoration; restoration and operation of waste accumulation sites; waste-to-energy generation; and biomass incineration power generation. The company serves municipal governments and industrial clients across various regions in China, operating approximately 3,300 employees and focusing on build-operate-transfer projects in waste incineration power generation and sanitation. In recent developments, the company completed construction of new build-operate-transfer projects through subsidiaries such as Puer Capital Environmental Energy Co., Ltd., adding significant intangible assets in the first half of 2025; secured additional contracts including a 140 million yuan ecological restoration project by its technology unit in June 2025 and a Pu'er City project in May 2025; formed a strategic partnership with Xin'ao Energy for biogas utilization from waste incineration anaerobic fermentation to advance green energy under the dual-carbon strategy in July 2025; and underwent executive changes including the appointment of Guo Chaoyang as executive director and CEO transitions in September 2025.