China Water Affairs Group Ltd

Chart & Performance

D1W1MN

P/E

5.24

P/S

0.62

EPS

0.94

Div Yield, %

6.91%

Shrs. gr., 5y

0.29%

Rev. gr., 5y

9.14%

Revenues

12.86b

-9.41%

Net income

1.53b

-17.41%

CFO

2.78b

-24.56%

Dividend

Sep 24, 20240.15 HKD/sh

Profile

China Water Affairs Group Limited, an investment holding company, engages in the water supply, environmental protection, and property businesses in the People's Republic of China. It operates through City Water Supply Operation and Construction, Environmental Protection, and Property Development and Investment segments. The City Water Supply Operation and Construction segment is involved in the provision of water supply operation and construction services. The Environmental Protection segment engages in the sewage treatment and drainage operation and construction, solid waste and hazardous waste, environmental sanitation, and water environment management businesses. The Property Development and Investment segment develops, sells, and invests in properties. It is also involved in the development and infrastructure of sightseeing area; provision of water environmental renovation infrastructure; constructs and operates drinking water; and investment, construction, and operation of water conservation and hydropower related projects, as well as energy conservation and environmental protection and hotel operations. The company was formerly known as China Silver Dragon Group Limited and changed its name to China Water Affairs Group Limited in December 2004. China Water Affairs Group Limited is headquartered in Wan Chai, Hong Kong.

URL

https://www.chinawatergroup.com/

IPO date

Oct 11, 1999

Employees

11,400

Domiciled in

Incorporated in

Valuation

Order:

Title HKD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title HKD in thousands, except ratios and share amounts	2024‑03	2023‑03	2022‑03	2021‑03	2020‑03	2019‑03	2018‑03	2017‑03	2016‑03	2015‑03
Income
Revenues	12,858,515 -9.41%	14,194,953 9.61%	12,949,828 25.17%
Cost of revenue	9,171,053	10,087,291	9,159,089
Unusual Expense (Income)
NOPBT	3,687,462	4,107,662	3,790,739
NOPBT Margin	28.68%	28.94%	29.27%
Operating Taxes	778,301	930,950	939,093
Tax Rate	21.11%	22.66%	24.77%
NOPAT	2,909,161	3,176,712	2,851,646
Net income	1,533,543 -17.41%	1,856,786 -1.94%	1,893,573 11.88%
Dividends	(554,990)	(293,818)	(522,343)
Dividend yield	7.41%	2.81%	3.73%
Proceeds from repurchase of equity
BB yield
Debt
Debt current	7,158,758	8,090,209	7,793,204
Long-term debt	18,581,978	16,071,164	14,593,585
Deferred revenue	445,274	317,692	328,489
Other long-term liabilities	818,436	1,300,583	1,212,686
Net debt	18,166,367	8,636,155	7,668,503
Cash flow
Cash from operating activities	2,777,301	3,681,645	3,883,543
CAPEX	(412,292)	(4,630,337)	(4,050,366)
Cash from investing activities	(5,433,838)	(4,157,973)	(4,475,558)
Cash from financing activities	605,348	1,727,915	2,609,853
FCF	2,739,694	3,275,058	2,267,223
Balance
Cash	5,296,467	8,152,401	7,678,580
Long term investments	2,277,902	7,372,817	7,039,706
Excess cash	6,931,443	14,815,470	14,070,795
Stockholders' equity	21,138,453	20,858,045	20,168,655
Invested Capital	41,154,618	28,963,394	27,626,800
ROIC	8.30%	11.23%	11.13%
ROCE	7.43%	9.12%	8.81%
EV
Common stock shares outstanding	1,632,322	1,632,322	1,632,322
Price	4.59 -28.39%	6.41 -25.29%	8.58 34.91%
Market cap	7,492,358 -28.39%	10,463,184 -25.29%	14,005,323 34.91%
EV	34,324,474	27,278,319	29,187,358
EBITDA	4,745,650	5,130,245	4,671,934
EV/EBITDA	7.23	5.32	6.25
Interest	724,654	1,160,840	891,036
Interest/NOPBT	19.65%	28.26%	23.51%