Zheneng Jinjiang Environment Holding Co., Ltd.

Zheneng Jinjiang Environment Holding Co., Ltd.

SSGX:BWM
0.69
SGD
+0.00
(-0.72%)
436.21MMarket 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
1.05
1.04
1.59
2.42
2.23
2.24
2.68
2.12
2.82
2.8
2.58
2.57
2.63
- -
Basic EPS, GAAP
0.23
0.3
0.36
0.55
0.49
0.42
0.11
0.22
0.3
0.22
0.19
0.43
0.5
- -
Free Cash Flow per Basic Share
-0.1
-0.19
-0.23
-0.25
-0.94
-1.65
-0.71
-0.73
-0.53
0.25
0.26
0.04
0.08
- -
Dividend per Share
- -
0.01
0.01
- -
0.25
0.26
- -
- -
- -
- -
- -
0.07
0.13
- -
Book Value per Share
2.1
2.32
2.72
3.63
3.88
3.8
3.91
4.11
4.4
4.62
4.85
5.26
5.64
4.83
Tangible Book Value per Share
1.5
1.57
1.68
2.15
2.01
1.88
1.44
1.44
1.45
1.38
1.66
2.15
2.6
1.51
Basic Weighted Avg Shares
1,217
1,217
1,217
1,089
1,218
1,351
1,445
1,454
1,454
1,454
1,454
1,452
1,439
1,456
Sales/Revenue/Turnover
1,277
1,270
1,936
2,632
2,715
3,031
3,878
3,085
4,101
4,074
3,750
3,731
3,785
- -
Operating Margin (%)
28.77
41.84
39.52
37.5
32.3
27.73
18.1
22.87
21.95
26.03
26.01
33.05
34.3
- -
Depreciation Expense
196
217
240
316
369
404
485
557
607
666
702
784
816
- -
Net Income, GAAP
277
361
444
598
601
565
153
327
432
325
282
618
725
- -
Effective Tax Rate (%)
20.36
27.95
30.69
28.92
27.76
23.2
46.45
30.81
22.58
29.07
33.58
25.12
21.08
- -
Profit Margin (%)
21.71
28.45
22.91
22.71
22.14
18.64
3.95
10.6
10.54
7.98
7.51
16.58
19.15
- -
Working Capital
-792
-910
-415
-892
437
340
-3,415
-1,135
-2,131
-2,043
-1,192
-998
-826
-731
LT Debt
519
1,030
2,250
2,008
3,465
5,102
2,790
6,096
5,777
6,345
7,138
6,955
7,651
7,520
Total Equity
2,842
3,098
3,495
4,591
4,891
5,603
5,815
6,103
6,538
6,875
7,169
7,715
8,209
7,136
Return on Invested Capital (%)
- -
8.4
9.15
9.63
7.67
6.98
2.4
3.01
4.19
4.25
2.92
4.6
4.98
- -
Return on Capital (%)
- -
9.31
9.28
10.09
8.48
6.75
2.36
4
4.38
3.42
2.85
4.92
4.9
- -
Return on Common Equity (%)
- -
13.44
14.48
15.45
13.13
11.06
2.74
5.61
6.99
4.96
4.09
8.45
9.24
- -

Capital Structure

CNY

•

in mil. unless spec.
Sep'22
Dec'22
Jun'23
ST Debt
4,988
4,904
3,738
LT Borrowings
6,030
6,345
7,520
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,454
1,454
1,454
Market Capitalization
2,018
2,208
2,341

Working Capital

CNY

•

in mil. unless spec.
Sep'22
Dec'22
Jun'23
Total Current Assets
4,769
5,122
5,010
Cash, Cash Equivalents & STI
200
627
379
Accounts Receivable, Net
2,500
2,810
2,921
Inventories
69
108
98
Total Current Liabilities
7,235
7,166
5,741
Payables & Accruals
- -
- -
- -
ST Debt
4,988
4,904
3,738
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.18%
6.12%
6.4%
Free Cash Flow
19.85%
-32.67%
91.91%
Net Income, GAAP
20.05%
26.18%
17.19%
Sales/Revenue/Turnover
8.35%
5.05%
1.44%
Total Cash Common Dividend
- -
- -
84.53%

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
3,731
2025
- -
- -
3,785
2026
- -
- -
- -

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.43
2025
- -
- -
0.5
2026
- -
- -
- -

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.07
2025
- -
- -
0.13
2026
- -
- -
- -

Company Description

CEO
Dongliang Wei
Full Time Employees
2,514
Sector
Utilities
Industry
Electric utilities
Address
Tower A, Hangyue Commercial Center Hangzhou ZH China 310011
IPO Date
Aug 3, 2016
Business
Zheneng Jinjiang Environment Holding Company Limited operates as a leader in China's waste-to-energy (WTE) industry, focusing primarily on the planning, development, construction, operation, and management of waste-to-energy facilities. The company offers a comprehensive portfolio of products and services including waste-to-energy project construction and operation; project technical and management services; equipment selection and sales; energy management contracting (EMC); and ancillary services such as technical consulting and advisory. It operates 27 waste-to-energy plants, 3 kitchen waste treatment facilities, and 8 waste resource recycling centers across China, with a total installed waste treatment capacity of 44,405 tons per day and a total installed electricity generation capacity of 915 megawatts. The company also extends its business scope to sludge treatment, animal carcass processing, and other urban ecological complex services aimed at green and sustainable development. Founded in 1998 and headquartered in Hangzhou, China, Zheneng Jinjiang Environment was originally named China Jinjiang Environment Holding Company Limited before rebranding in November 2019. The company is recognized for pioneering and industrializing differential-density circulating fluidized bed technology and moving grate technology in the domestic WTE sector. Recent major developments include an ongoing equity buyback plan representing 10% of its issued share capital to enhance shareholder value. Strategically, the company is expanding its overseas presence through its Indonesian subsidiary PT Indo Green Power, which secured an $85 million USD facility alongside local financing to construct, own, and operate a WTE facility in Palembang, Indonesia, with daily waste processing capacity of 1,000 tons. Additionally, the company completed a significant internal restructuring of its Indonesian subsidiary to streamline overseas operations. Over the past five years, Zheneng Jinjiang Environment has increased its waste treatment capacity by 16.7% and electricity generation capacity by approximately 28.3%, with plans to further grow daily waste processing capacity by 36% over the next decade through new facility commissioning and technological upgrades. The company serves the environmental protection industry segment, targeting urban municipal governments and commercial customers requiring integrated waste treatment and renewable energy generation solutions throughout China and expanding into Southeast Asia. It is rated Ba2 by Moody's and BB by S&P, reflecting stable credit outlooks. Zheneng Jinjiang Environment remains a prominent player in China's environmental services and renewable energy sectors with a commitment to innovation, sustainability, and regional expansion.