1. Hong Kong Stocks

  2. •

    Utilities

  3. •

    Water utilities
China Water Affairs Group Limited

China Water Affairs Group Limited

0.47
EUR
+0.00
(-1.05%)
888.18MMarket Cap
Dec 02Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
1.93
2.02
3.14
3.79
4.83
5.16
5.42
6.5
8.01
8.7
7.88
7.14
6.33
- -
Basic EPS, GAAP
0.2
0.26
0.4
0.57
0.73
0.85
1.02
1.06
1.17
1.14
0.94
0.66
0.6
- -
Free Cash Flow per Basic Share
-0.33
-0.39
-0.09
-0.34
-0.93
-0.98
0.19
-0.75
-0.24
-0.71
-1.45
0.09
-0.96
- -
Dividend per Share
0.05
0.06
0.07
0.09
0.24
0.27
0.3
0.31
0.32
0.18
0.34
0.28
0.28
- -
Book Value per Share
2.51
3.14
3.46
3.7
4.46
4.95
5.3
6.63
7.95
7.96
7.83
8.09
9.26
9.26
Tangible Book Value per Share
1.82
-1.86
-2.63
-3.58
-4.46
-5.87
-6.47
-7.92
-9.2
-10.8
-12.57
-13.78
-14.7
-14.7
Basic Weighted Avg Shares
1,423
1,417
1,508
1,505
1,571
1,609
1,605
1,592
1,618
1,632
1,632
1,632
1,632
1,629
Sales/Revenue/Turnover
2,747
2,859
4,740
5,708
7,580
8,302
8,694
10,346
12,950
14,195
12,859
11,656
10,336
- -
Operating Margin (%)
24.43
28.11
29.54
30.61
33.29
33.19
34.52
33.48
31.02
30.28
30.21
26.92
27.06
- -
Depreciation Expense
315
308
290
331
405
485
620
730
881
1,023
1,058
1,123
1,200
- -
Net Income, GAAP
281
371
608
854
1,141
1,369
1,639
1,692
1,894
1,857
1,534
1,075
986
- -
Effective Tax Rate (%)
29.21
31.04
26.93
29.72
28.45
23.15
20.77
24.58
23.98
23.16
23.1
26.26
23.01
- -
Profit Margin (%)
10.24
12.97
12.83
14.96
15.05
16.49
18.86
16.36
14.62
13.08
11.93
9.22
9.54
- -
Working Capital
957
122
1,409
2,550
359
1,313
953
-1,670
-2,749
-3,292
-3,872
-3,790
-4,988
-4,988
LT Debt
3,524
3,024
5,076
8,123
7,432
11,494
13,633
13,496
14,510
15,950
18,211
19,858
18,796
18,796
Total Equity
5,696
7,213
8,446
8,963
11,154
12,902
14,099
16,950
20,483
21,172
21,453
21,873
25,333
25,333
Return on Invested Capital (%)
6.01
6.57
8.24
8.59
8.75
8.91
8.08
7.83
7.6
7.36
6.34
5.16
4.33
- -
Return on Capital (%)
0.85
1.02
1.71
2.8
3.43
3.42
3.73
2.97
2.97
2.53
2.25
1.58
1.48
- -
Return on Common Equity (%)
8.14
9.19
12.41
15.69
17.84
18.09
19.9
17.8
16.13
14.3
11.9
8.28
6.98
- -

Capital Structure

HKD

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
5,783
8,093
7,834
LT Borrowings
19,449
16,411
18,376
LT Finance Leases
408
406
420
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,628
1,627
1,627
Market Capitalization
10,715
9,598
8,047

Working Capital

HKD

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
17,620
17,914
18,507
Cash, Cash Equivalents & STI
4,777
4,358
4,317
Accounts Receivable, Net
2,670
3,188
3,123
Inventories
673
1,392
732
Total Current Liabilities
21,409
23,888
23,495
Payables & Accruals
- -
- -
- -
ST Debt
5,783
8,093
7,834
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.9%
8.66%
15.82%
Free Cash Flow
-115.78%
-203.51%
-1,146.4%
Net Income, GAAP
7.14%
-9.12%
-8.23%
Sales/Revenue/Turnover
9.12%
0.94%
-11.32%
Total Cash Common Dividend
27.08%
6.69%
-0.19%

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
12,859
2025
- -
- -
11,656
2026
- -
- -
10,336

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.94
2025
- -
- -
0.66
2026
- -
- -
0.6

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.34
2025
- -
- -
0.28
2026
- -
- -
0.28

Company Description

Company Profile APIChatGPT
CEO
Duan Chuan Liang
Full Time Employees
9,800
Sector
Utilities
Industry
Water utilities
Address
Central Plaza Hong Kong Hong Kong KY1-1111
IPO Date
Oct 11, 1999
Website
chinawatergroup.com
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Business
China Water Affairs Group Limited operates as an investment holding company, primarily involved in water infrastructure and services, environmental protection, and property ventures across the People's Republic of China. The company structures its diverse operations through several key divisions. These encompass City Water Supply, Pipeline Direct Drinking Water Supply, Environmental Protection, Main Contractor Construction, and Property Development and Investment segments. Within the City Water Supply division, the enterprise delivers comprehensive services including water supply operations, infrastructure development, installation, and ongoing maintenance. The Pipeline Direct Drinking Water Supply segment concentrates on establishing and managing direct drinking water systems, along with associated construction and upkeep. The Environmental Protection sector is dedicated to sewage treatment, drainage system operations and construction, the handling of solid and hazardous waste, broader environmental sanitation, and holistic water environment management initiatives. The Main Contractor Construction segment focuses on delivering municipal public construction services. Furthermore, its Property Development and Investment arm is engaged in developing and selling real estate properties, as well as holding investments for long-term rental income. The company has recently emphasized a strategic shift towards enhancing core water operations, particularly the burgeoning direct drinking water sector, aiming for technological innovation and green, low-carbon development. Notable financial activity includes a proposed final dividend of HK 15 cents per share for FY2024-25, alongside a share repurchase plan in November 2025. The company also successfully launched RMB 1 billion AA-rated Blue Bonds in January 2025 to optimize its financial structure. Formerly known as China Silver Dragon Group Limited, the organization adopted its current name in December 2004. China Water Affairs Group Limited maintains its corporate headquarters in Wan Chai, Hong Kong.