Announcement • Apr 29
ZONQING Environmental Limited, Annual General Meeting, May 29, 2026 ZONQING Environmental Limited, Annual General Meeting, May 29, 2026, at 10:00 China Standard Time. Location: 11/f, zhongqing building, no. 5888, fuzhi road, jingyue high-tech industrial development zone, changchun city, changchun city, China Reported Earnings • Apr 03
Full year 2025 earnings released: EPS: CN¥0.03 (vs CN¥0.048 in FY 2024) Full year 2025 results: EPS: CN¥0.03 (down from CN¥0.048 in FY 2024). Revenue: CN¥1.64b (down 6.0% from FY 2024). Net income: CN¥22.0m (down 45% from FY 2024). Profit margin: 1.3% (down from 2.3% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 52% per year, which means it is significantly lagging earnings. New Risk • Mar 24
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.4x net interest cover). Share price has been highly volatile over the past 3 months (19% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Profit margins are more than 30% lower than last year (2.0% net profit margin). Market cap is less than US$100m (HK$325.9m market cap, or US$41.6m). Announcement • Mar 18
ZONQING Environmental Limited to Report Fiscal Year 2025 Results on Mar 31, 2026 ZONQING Environmental Limited announced that they will report fiscal year 2025 results on Mar 31, 2026 Valuation Update With 7 Day Price Move • Mar 03
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to HK$1.01, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 10x in the Commercial Services industry in Hong Kong. Total loss to shareholders of 69% over the past three years. New Risk • Mar 02
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$726.0m (US$92.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.4x net interest cover). Share price has been highly volatile over the past 3 months (15% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (2.0% net profit margin). Market cap is less than US$100m (HK$726.0m market cap, or US$92.8m). Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to HK$1.28, the stock trades at a trailing P/E ratio of 26.8x. Average trailing P/E is 10x in the Commercial Services industry in Hong Kong. Total loss to shareholders of 64% over the past three years. New Risk • Jan 14
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 14% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.4x net interest cover). Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (2.0% net profit margin). Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to HK$1.57, the stock trades at a trailing P/E ratio of 33.1x. Average trailing P/E is 10x in the Commercial Services industry in Hong Kong. Total loss to shareholders of 57% over the past three years. Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to HK$1.66, the stock trades at a trailing P/E ratio of 35.7x. Average trailing P/E is 10x in the Commercial Services industry in Hong Kong. Total loss to shareholders of 43% over the past three years. Buy Or Sell Opportunity • Nov 07
Now 25% undervalued after recent price drop Over the last 90 days, the stock has fallen 64% to HK$2.00. The fair value is estimated to be HK$2.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Meanwhile, the company has become profitable. New Risk • Oct 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.4x net interest cover). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Profit margins are more than 30% lower than last year (2.0% net profit margin). Valuation Update With 7 Day Price Move • Oct 20
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to HK$3.56, the stock trades at a trailing P/E ratio of 76.9x. Average trailing P/E is 9x in the Commercial Services industry in Hong Kong. Total returns to shareholders of 73% over the past three years. Buy Or Sell Opportunity • Oct 16
Now 28% overvalued Over the last 90 days, the stock has fallen 47% to HK$3.43. The fair value is estimated to be HK$2.67, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Oct 01
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to HK$3.23, the stock trades at a trailing P/E ratio of 69.6x. Average trailing P/E is 9x in the Commercial Services industry in Hong Kong. Total returns to shareholders of 51% over the past three years. Reported Earnings • Aug 23
First half 2025 earnings released: EPS: CN¥0.036 (vs CN¥0.042 in 1H 2024) First half 2025 results: EPS: CN¥0.036 (down from CN¥0.042 in 1H 2024). Revenue: CN¥761.9m (down 1.8% from 1H 2024). Net income: CN¥29.3m (down 14% from 1H 2024). Profit margin: 3.8% (down from 4.4% in 1H 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth. New Risk • Aug 22
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 398% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.9x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.0% net profit margin). Announcement • Aug 12
ZONQING Environmental Limited to Report First Half, 2025 Results on Aug 21, 2025 ZONQING Environmental Limited announced that they will report first half, 2025 results on Aug 21, 2025 Announcement • Jun 29
Zonqing Environmental Limited Announces Appointment of Lyu Hongyan as A Member of the Nomination Committee with Effect from 27 June 2025 The board of directors of ZONQING Environmental Limited announced that, Ms. Lyu Hongyan, a non-executive Director of the Company, has been appointed as a member of the nomination committee of the Company with effect from 27 June 2025. Announcement • Apr 12
ZONQING Environmental Limited, Annual General Meeting, May 27, 2025 ZONQING Environmental Limited, Annual General Meeting, May 27, 2025, at 10:00 China Standard Time. Location: 11/f, zhongqing building, no. 5888, fuzhi road, jingyue high-tech industrial development zone, changchun city, jilin province, China Reported Earnings • Apr 01
Full year 2024 earnings released: EPS: CN¥0.05 (vs CN¥0.16 in FY 2023) Full year 2024 results: EPS: CN¥0.05 (down from CN¥0.16 in FY 2023). Revenue: CN¥1.74b (down 26% from FY 2023). Net income: CN¥40.0m (down 70% from FY 2023). Profit margin: 2.3% (down from 5.7% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has increased by 104% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Mar 25
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (8.0% operating cash flow to total debt). Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Announcement • Mar 17
ZONQING Environmental Limited to Report Fiscal Year 2024 Results on Mar 31, 2025 ZONQING Environmental Limited announced that they will report fiscal year 2024 results on Mar 31, 2025 Valuation Update With 7 Day Price Move • Feb 26
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to HK$8.32, the stock trades at a trailing P/E ratio of 48.4x. Average trailing P/E is 7x in the Commercial Services industry in Hong Kong. Total returns to shareholders of 983% over the past three years. Reported Earnings • Aug 26
First half 2024 earnings released: EPS: CN¥0.042 (vs CN¥0.045 in 1H 2023) First half 2024 results: EPS: CN¥0.042 (down from CN¥0.045 in 1H 2023). Revenue: CN¥775.6m (down 15% from 1H 2023). Net income: CN¥34.3m (down 7.7% from 1H 2023). Profit margin: 4.4% (up from 4.1% in 1H 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has increased by 130% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 09
ZONQING Environmental Limited to Report First Half, 2024 Results on Aug 23, 2024 ZONQING Environmental Limited announced that they will report first half, 2024 results on Aug 23, 2024 Valuation Update With 7 Day Price Move • Jul 31
Investor sentiment deteriorates as stock falls 70% After last week's 70% share price decline to HK$8.80, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 8x in the Commercial Services industry in Hong Kong. Total returns to shareholders of 335% over the past three years. Announcement • Apr 11
ZONBONG LANDSCAPE Environmental Limited, Annual General Meeting, Jun 14, 2024 ZONBONG LANDSCAPE Environmental Limited, Annual General Meeting, Jun 14, 2024, at 10:00 China Standard Time. Agenda: To consider share subdivision; and to consider other matters. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to HK$30.75, the stock trades at a trailing P/E ratio of 57.8x. Average trailing P/E is 7x in the Commercial Services industry in Hong Kong. Total returns to shareholders of 1,371% over the past three years. New Risk • Apr 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (2.9% operating cash flow to total debt). Earnings have declined by 24% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). Reported Earnings • Mar 31
Full year 2023 earnings released: EPS: CN¥0.49 (vs CN¥0.38 loss in FY 2022) Full year 2023 results: EPS: CN¥0.49 (up from CN¥0.38 loss in FY 2022). Revenue: CN¥2.36b (up 261% from FY 2022). Net income: CN¥135.2m (up CN¥240.5m from FY 2022). Profit margin: 5.7% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 123% per year, which means it is well ahead of earnings. Announcement • Mar 29
ZONBONG LANDSCAPE Environmental Limited Proposes Final Dividend for the Year Ended December 31, 2023, Payable on 19 July 2024 ZONBONG LANDSCAPE Environmental Limited proposed final dividend of RMB 0.071 per share for the year ended December 31, 2023. Ex-dividend date is 02 July 2024. Record date is 08 July 2024. Payment date is 19 July 2024. Announcement • Mar 16
ZONBONG LANDSCAPE Environmental Limited to Report Fiscal Year 2023 Results on Mar 28, 2024 ZONBONG LANDSCAPE Environmental Limited announced that they will report fiscal year 2023 results on Mar 28, 2024 Reported Earnings • Sep 01
First half 2023 earnings released: EPS: CN¥0.14 (vs CN¥0.15 loss in 1H 2022) First half 2023 results: EPS: CN¥0.14 (up from CN¥0.15 loss in 1H 2022). Revenue: CN¥909.8m (up 300% from 1H 2022). Net income: CN¥37.1m (up CN¥78.2m from 1H 2022). Profit margin: 4.1% (up from net loss in 1H 2022). Announcement • Aug 23
ZONBONG LANDSCAPE Environmental Limited Provides Consolidated Earnings Guidance for the Six Months Ended 30 June 2023 ZONBONG LANDSCAPE Environmental Limited provided consolidated earnings guidance for the six months ended 30 June 2023. For the period, the Group expects to record a profit after taxation ranging from approximately RMB 35.0 million to RMB 45.0 million for the Reporting Period as compared to a loss after taxation of approximately RMB 41.5 million for the corresponding period in 2022. Such turnaround was primarily due to the increase in revenue attributable from construction services as a result of the acquisition of Jilin Modern Zhongqing City Construction Co. Ltd. and its subsidiaries, which was completed in June 2023. Announcement • Aug 18
ZONBONG LANDSCAPE Environmental Limited to Report First Half, 2023 Results on Aug 30, 2023 ZONBONG LANDSCAPE Environmental Limited announced that they will report first half, 2023 results on Aug 30, 2023 New Risk • Jul 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 9.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 49% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.3% average weekly change). Reported Earnings • Apr 01
Full year 2022 earnings released: CN¥0.38 loss per share (vs CN¥0.10 profit in FY 2021) Full year 2022 results: CN¥0.38 loss per share (down from CN¥0.10 profit in FY 2021). Revenue: CN¥653.4m (down 27% from FY 2021). Net loss: CN¥105.3m (down 469% from profit in FY 2021). Announcement • Dec 07
ZONBONG LANDSCAPE Environmental Limited Announces Resignation of Mr. Wang Xudong as Executive Director and Chief Operating Officer The board (the "Board") of directors of ZONBONG LANDSCAPE Environmental Limited announces that with effect from 6 December 2022, Mr. Wang Xudong ("Mr. Wang") has resigned as an executive director and chief operating officer of the Company due to his other personal career development. Board Change • Nov 16
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Non-Executive Director Paul Gao was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Announcement • Oct 29
ZONBONG LANDSCAPE Environmental Limited, Annual General Meeting, Nov 17, 2022 ZONBONG LANDSCAPE Environmental Limited, Annual General Meeting, Nov 17, 2022, at 10:00 China Standard Time. Location: 11/F, Zhongqing Building, No. 5888, Fuzhi Road, Jingyue High-tech Industrial Development Zone, Changchun City, Jilin Province, PRC Jilin China Announcement • Oct 08
ZONBONG LANDSCAPE Environmental Limited Announces Board Changes The board of directors of the ZONBONG LANDSCAPE Environmental Limited announced that Mr. Liu Haitao has retired as the chairman of Board and has been re-designated as the vice-chairman of the Board with effect from 7 October 2022. Mr. Liu will continue to be an executive Director and the chief executive officer of the Company after the change. Mr. Sun Juqing ("Mr. Sun"), a non-executive Director, has succeeded Mr. Liu as the Chairman with effect from 7 October 2022. Biographical details of Mr. Sun are set out as follows: Mr. Sun, aged 52, was appointed as a non-executive Director of the Company on 24 September 2019. He has more than 20 years of experience in the construction industry. Mr. Sun has held directorships in Zonbong Huize Landscape Environmental Construction Limited since December 2012 and in Jilin Zonbong Ecological Environmental Limited since September 2018, both being subsidiaries of the Company. Prior to joining the Group, Mr. Sun served as the deputy general manager of Changchun Chengjian Road and Bridge Limited a company providing construction services for municipal projects and sculpture engineering, from June 1992 to December 2005. He successively served in several positions with Zhongqing Construction Limited Liability Company including deputy general manager from January 2006 to September 2010 and the chairman of the board from July 2010 to February 2017. He has also been the chairman of the board of Zongqing Investment Holding Group Limited Liability Company from November 2014 to May 2016 and since February 2017. Mr. Sun received a bachelor's degree in civil engineering by way of correspondence education in July 2005 from the Jilin Architecture and Civil Engineering Institute. Mr. Sun obtained the qualification certificate of senior engineer in road and bridge engineering issued by the Jilin Provincial Personnel Department on 1 January 2005. Mr. Liu, an executive Director and the chief executive officer of the Company, has been re-designated as the Vice-Chairman with effect from 7 October 2022 following his retirement as the Chairman. Mr. Liu, aged 47, was appointed as a Director on 8 March 2019 and was redesignated as an Executive Director on 24 September 2019. He is responsible for formulating and implementing business and operation strategies of the Group, as well as making major business and operational decisions for the Group. Mr. Liu has more than 20 years of management experience in the construction industry. Mr. Liu currently holds directorships in the following members of the Group: Zonbong Landscape as a director since April 2010 and as the chairman of the board since December 2012; Beijing Zhongke Zonbong Ecological Technology Limited as an executive director since April 2016; Jilin Zonbong as a director and the chairman of the board since September 2018; and Zonbong Garden Environment Co., Limited as a director since April 2019. Prior to joining the Group, from July 1996 to December 2002, he served as the head of the procurement department at Changchun Chengjian Road and Bridge Limited, a company providing construction services for municipal projects and sculpture engineering. From January 2003 to December 2008, he worked as the deputy general manager at ZCLLC and was mainly responsible for procurement management. He was assigned to Zonbong Landscape by ZCLLC as the general manager from December 2008 to April 2010, and has served as its director since April 2010. Mr. Liu graduated from Changchun University in July 1996 with a bachelor's degree in computer science. He also received his bachelor's degree in civil engineering by way of correspondence education from the Jilin Architecture and Civil Engineering Institute in July 2004 an d his EMBA (Executive Master of Business Administration) degree from Jilin University in December 2015. Mr. Liu obtained the qualification certificate of senior engineer in road and bridge engineering issued by the Jilin Provincial Personnel Department on 1 January 2007 and that of chief senior engineer in road and bridge engineering from the Human Resources and Social Security Department of Jilin Province on 1 January 2017. Reported Earnings • Sep 02
First half 2022 earnings released: CN¥0.15 loss per share (vs CN¥0.06 profit in 1H 2021) First half 2022 results: CN¥0.15 loss per share (down from CN¥0.06 profit in 1H 2021). Revenue: CN¥227.3m (down 37% from 1H 2021). Net loss: CN¥41.1m (down 352% from profit in 1H 2021). Announcement • Aug 19
ZONBONG LANDSCAPE Environmental Limited to Report First Half, 2022 Results on Aug 30, 2022 ZONBONG LANDSCAPE Environmental Limited announced that they will report first half, 2022 results on Aug 30, 2022 Announcement • Aug 16
ZONBONG LANDSCAPE Environmental Limited Provides Group Earnings Guidance for the Six Months Ended 30 June 2022 ZONBONG LANDSCAPE Environmental Limited provided group earnings guidance for the six months ended 30 June 2022. The Board informed the shareholders of the Company and potential investors that based on a preliminary review of the unaudited consolidated management accounts of the Group for the six months ended 30 June 2022 and other information currently available to the Company, the Group expected to record a loss of not less than RMB 40.0 million for the six months ended 30 June 2022 as compared to a profit after taxation of approximately RMB 16.5 million for the corresponding period in 2021. Valuation Update With 7 Day Price Move • Aug 03
Investor sentiment improved over the past week After last week's 16% share price gain to HK$5.51, the stock trades at a trailing P/E ratio of 45.7x. Average trailing P/E is 12x in the Commercial Services industry in Hong Kong. Total returns to shareholders of 171% over the past year. Valuation Update With 7 Day Price Move • Jul 20
Investor sentiment improved over the past week After last week's 19% share price gain to HK$5.01, the stock trades at a trailing P/E ratio of 41.5x. Average trailing P/E is 11x in the Commercial Services industry in Hong Kong. Total returns to shareholders of 149% over the past year. Valuation Update With 7 Day Price Move • Jun 13
Investor sentiment improved over the past week After last week's 16% share price gain to HK$4.80, the stock trades at a trailing P/E ratio of 39.5x. Average trailing P/E is 9x in the Commercial Services industry in Hong Kong. Total returns to shareholders of 124% over the past year. Reported Earnings • May 30
Full year 2021 earnings released: EPS: CN¥0.10 (vs CN¥0.31 in FY 2020) Full year 2021 results: EPS: CN¥0.10 (down from CN¥0.31 in FY 2020). Revenue: CN¥896.7m (down 11% from FY 2020). Net income: CN¥28.5m (down 58% from FY 2020). Profit margin: 3.2% (down from 6.8% in FY 2020). The decrease in margin was driven by lower revenue. Announcement • May 28
Zonbong Landscape Environmental Limited, Annual General Meeting, Jun 29, 2022 Zonbong Landscape Environmental Limited, Annual General Meeting, Jun 29, 2022, at 10:00 China Standard Time. Location: 11/F, Zhongqing Building, No. 5888, Fuzhi Road, Jingyue High-tech Industrial Development Zone, Changchun City, Jilin Province,PRC Changchun China Agenda: To receive, consider and adopt the audited consolidated financial statements of the Company and its subsidiaries, and the reports of the directors of the Company (the"Directors") and auditor of the Company for the year ended 31 December 2021; to re-appoint KPMG as the auditor of the Company and to authorise the board of Directors (the "Board") to fix the auditor's remuneration until the conclusions of the next annual general meeting of the Company; to re-elect the following retiring Directors; and to consider other matters if any. Valuation Update With 7 Day Price Move • May 19
Investor sentiment improved over the past week After last week's 24% share price gain to HK$3.57, the stock trades at a trailing P/E ratio of 29.6x. Average trailing P/E is 9x in the Commercial Services industry in Hong Kong. Total returns to shareholders of 63% over the past year. Announcement • May 17
Zonbong Landscape Environmental Limited to Report Fiscal Year 2021 Final Results on May 30, 2022 Zonbong Landscape Environmental Limited announced that they will report fiscal year 2021 final results on May 30, 2022 Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment improved over the past week After last week's 17% share price gain to HK$2.77, the stock trades at a trailing P/E ratio of 22.6x. Average trailing P/E is 10x in the Commercial Services industry in Hong Kong. Total returns to shareholders of 34% over the past year. Board Change • Apr 27
Less than half of directors are independent There are 8 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 8 new directors. 1 experienced director. No highly experienced directors. 3 independent directors (6 non-independent directors). Chairman & CEO Haitao Liu is the most experienced director on the board, commencing their role in 2019. Independent Non-Executive Director Paul Gao was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Apr 01
Full year 2021 earnings released: EPS: CN¥0.10 (vs CN¥0.31 in FY 2020) Full year 2021 results: EPS: CN¥0.10 (down from CN¥0.31 in FY 2020). Revenue: CN¥896.7m (down 11% from FY 2020). Net income: CN¥28.5m (down 58% from FY 2020). Profit margin: 3.2% (down from 6.8% in FY 2020). Valuation Update With 7 Day Price Move • Dec 14
Investor sentiment deteriorated over the past week After last week's 16% share price decline to HK$2.61, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 10x in the Commercial Services industry in Hong Kong. Reported Earnings • Oct 03
First half 2021 earnings released: EPS CN¥0.06 (vs CN¥0.096 in 1H 2020) The company reported a soft first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: CN¥362.1m (up 1.2% from 1H 2020). Net income: CN¥16.3m (down 23% from 1H 2020). Profit margin: 4.5% (down from 5.9% in 1H 2020). The decrease in margin was driven by higher expenses. Reported Earnings • Sep 03
First half 2021 earnings released: EPS CN¥0.06 (vs CN¥0.077 in 1H 2020) The company reported a soft first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: CN¥362.1m (up 1.2% from 1H 2020). Net income: CN¥16.3m (down 23% from 1H 2020). Profit margin: 4.5% (down from 5.9% in 1H 2020). The decrease in margin was driven by higher expenses. Reported Earnings • Mar 28
Full year 2020 earnings released The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥1.00b (up 12% from FY 2019). Net income: CN¥68.5m (up 38% from FY 2019). Profit margin: 6.8% (up from 5.5% in FY 2019). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment improved over the past week After last week's 36% share price gain to CN¥2.59, the stock trades at a trailing P/E ratio of 12.4x, up from the previous P/E ratio of 9.1x. Average P/E is 9x in the Construction industry in Hong Kong. Announcement • Mar 13
Zonbong Landscape Environmental Limited to Report Fiscal Year 2020 Results on Mar 26, 2021 Zonbong Landscape Environmental Limited announced that they will report fiscal year 2020 results on Mar 26, 2021 Announcement • Jan 06
Zonbong Landscape Environmental Limited has completed an IPO in the amount of HKD 137.5 million. Zonbong Landscape Environmental Limited has completed an IPO in the amount of HKD 137.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 68,750,000
Price\Range: HKD 2
Discount Per Security: HKD 0.06
Transaction Features: Regulation S 
