Xinjiang Tianye Water Saving Irrigation System Co., Ltd. Class H

Xinjiang Tianye Water Saving Irrigation System Co., Ltd. Class H

HHKEX:840
0.16
HKD
+0.00
(-3.07%)
93.51MMarket Cap
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
1.33
1.35
1.28
1.29
1.42
1.03
1.2
1.41
2.16
2.83
4.27
2.88
1.63
- -
Basic EPS, GAAP
0.01
- -
-0.01
-0.11
- -
-0.09
-0.09
- -
-0.13
-0.15
-0.01
-0.08
-0.11
- -
Free Cash Flow per Basic Share
0.19
0.02
0.01
0.05
-0.06
-0.06
-0.09
0.05
0.06
0.13
0.22
0.22
0.08
- -
Dividend per Share
0.01
- -
- -
- -
- -
- -
- -
0.01
- -
0.03
0.02
0.01
0.01
- -
Book Value per Share
1.38
1.38
1.37
1.26
1.26
1.17
1.08
1.1
1
0.89
0.85
0.73
0.63
0.63
Tangible Book Value per Share
1.35
1.36
1.34
1.23
1.24
1.14
1.04
1.05
0.95
0.84
0.74
0.64
0.54
0.54
Basic Weighted Avg Shares
520
520
520
521
520
520
519
500
514
520
520
520
520
520
Sales/Revenue/Turnover
692
701
667
671
738
536
624
707
1,112
1,472
2,218
1,499
848
- -
Operating Margin (%)
1.76
0.7
-1.53
-5.63
1.08
-5.96
-2.56
1.21
-1.08
-3.25
0.73
-2.38
-3.49
- -
Depreciation Expense
17
20
21
1
1
3
5
5
4
7
38
28
34
- -
Net Income, GAAP
4
2
-7
-57
1
-48
-48
1
-67
-78
-7
-40
-55
- -
Effective Tax Rate (%)
42.52
62.92
- -
- -
21.49
- -
- -
- -
- -
- -
732.84
- -
- -
- -
Profit Margin (%)
0.52
0.3
-1.02
-8.54
0.18
-8.88
-7.68
0.09
-6.01
-5.31
-0.33
-2.64
-6.46
- -
Working Capital
523
537
529
484
483
439
377
387
368
310
302
306
227
227
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
44
41
44
93
44
44
Total Equity
731
732
723
664
666
617
568
582
564
498
476
410
357
357
Return on Invested Capital (%)
0.35
0.1
- -
- -
0.27
- -
- -
- -
- -
- -
1.31
- -
- -
- -
Return on Capital (%)
0.8
0.36
- -
- -
0.12
- -
- -
- -
- -
- -
-4.81
- -
- -
- -
Return on Common Equity (%)
0.51
0.29
-0.95
-8.41
0.21
-7.55
-8.22
0.12
-12.24
-15.83
-1.62
-9.61
-15.47
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'23
Jun'25
Dec'25
ST Debt
75
50
73
LT Borrowings
- -
50
- -
LT Finance Leases
44
52
44
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
520
520
520
Market Capitalization
85
85
84

Working Capital

CNY

•

in mil. unless spec.
Dec'23
Jun'25
Dec'25
Total Current Assets
1,026
966
1,093
Cash, Cash Equivalents & STI
343
360
478
Accounts Receivable, Net
162
240
220
Inventories
258
233
173
Total Current Liabilities
724
664
866
Payables & Accruals
- -
- -
- -
ST Debt
75
50
73
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-6.68%
-9.21%
-13.02%
Free Cash Flow
8.57%
29.88%
-63.71%
Net Income, GAAP
-1,307.21%
-1,996.17%
38.67%
Sales/Revenue/Turnover
7.74%
12.92%
-43.39%
Total Cash Common Dividend
- -
109.05%
-41.26%

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
2,218
2024
- -
- -
1,499
2025
- -
- -
848

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.01
2024
- -
- -
-0.08
2025
- -
- -
-0.11

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.02
2024
- -
- -
0.01
2025
- -
- -
0.01

Company Description

CEO
Wan Sen Yang
Full Time Employees
430
Sector
Producer manufacturing
Industry
Industrial conglomerates
Address
No. 36, Bei San Dong Road Hong Kong Hong Kong
IPO Date
Feb 28, 2006
Business
Xinjiang Tianye Water Saving Irrigation System Company Limited Xinjiang Tianye Water Saving Irrigation System Company Limited (0840.HK) designs, manufactures, sells, and installs water-saving irrigation systems and equipment primarily for agricultural applications in the People's Republic of China. The company offers a comprehensive range of core products including side-seam drip irrigation belts, built-in drip irrigation belts, pressure-compensated drip irrigation pipes, single-wing labyrinth drip irrigation tapes, inlaid drip irrigation tapes, large flow compensation drip irrigation tapes, PVC/PE pipelines and hoses, agricultural hard PVC pipes, PE hoses, filters, drip assemblies, and various pipe fittings; it also provides full installation services, land circulation, engineering projects, and is strategically developing digital agriculture and agricultural service businesses. Founded in 1999 and headquartered in Shihezi, Xinjiang, the company operates mainly in the domestic market with subsidiaries in locations such as Beijing, Liaoning, Gansu, and multiple sites in Xinjiang, targeting farmers, agricultural enterprises, and water conservancy projects with an emphasis on submembrane drip irrigation technology for crops like cotton, tomatoes, grains, and forage. In recent developments, its controlling shareholder Xinjiang Tianye (Group) Limited announced a proposed strategic restructuring in 2025 with the State-owned Assets Supervision and Administration Commission of Xinjiang Production and Construction Corps 8th Division to form a new holding company, Xinjiang Tianze Water Conservancy Investment and Development Co., Ltd., where the SASAC transfers 37.5% equity at zero cost in exchange for the group's full contribution of its stake in the company to enhance water conservancy positioning; the company is also aligning with national initiatives for high-standard farmland, water networks, and Belt and Road projects while phasing out obsolete capacity for high-value products.