Anuncio • Feb 21
Canvest Environmental Protection Group Company Limited to Report Fiscal Year 2024 Results on Mar 05, 2025 Canvest Environmental Protection Group Company Limited announced that they will report fiscal year 2024 results on Mar 05, 2025 Reported Earnings • Sep 29
First half 2024 earnings released: EPS: HK$0.18 (vs HK$0.25 in 1H 2023) First half 2024 results: EPS: HK$0.18 (down from HK$0.25 in 1H 2023). Revenue: HK$2.13b (down 28% from 1H 2023). Net income: HK$445.0m (down 27% from 1H 2023). Profit margin: 21% (in line with 1H 2023). Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Anuncio • Sep 12
Canvest Environmental Protection Group Company Limited Announces Chief Executive Officer Changes Canvest Environmental Protection Group Company Limited announced that Mr. Yuan Guozhen has resigned as the chief executive officer of the Company with effect from 12 September 2024 due to a re-designation of duties in the Group. Mr. Yuan will remain as an executive director of the Company. Mr. Yuan confirmed that he has no disagreement with the Board and there is no matter in respect of his resignation which needs to be brought to the attention of The Stock Exchange of Hong Kong Limited or the shareholders of the Company. The Board further announces that, Mr. Zhang Chao has been appointed as the CEO with effect from 12 September 2024. The biographical details of Mr. Zhang are set out below: Mr. Zhang, aged 52, joined Group in November 2020 and is currently the vice president of the Group. He is also currently a director of certain subsidiaries of the Company. He is responsible for the legal affairs and operation management of Group. Prior to joining Group, Mr. Zhang worked as the executive director and chief executive officer of China Jinjiang Environment Holding Company Limited, the shares of which are listed on the Mainboard of Singapore Stock Exchange. Prior to that, he was the general counsel and deputy general manager of China Energy Conservation and Environmental Protection Group. He is currently the vice-president of China Industrial Energy Conservation and Clean Production Association and has extensive experience in legal professional and energy conservation industry. Mr. Zhang graduated from the China University of Political Science and Law () with a bachelor of law degree in 1994 and obtained a master's degree in law from the Renmin University of China in 2002. He completed the EMBA programme of Tsinghua University in 2015. Reported Earnings • Aug 23
First half 2024 earnings released: EPS: HK$0.18 (vs HK$0.25 in 1H 2023) First half 2024 results: EPS: HK$0.18 (down from HK$0.25 in 1H 2023). Revenue: HK$2.13b (down 28% from 1H 2023). Net income: HK$445.0m (down 27% from 1H 2023). Profit margin: 21% (in line with 1H 2023). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Anuncio • Aug 21
Canvest Environmental Protection Group Company Limited Omits Interim Dividend for the Six Months Ended 30 June 2024 Canvest Environmental Protection Group Company Limited did not declare an interim dividend for the six months ended 30 June 2024 (six months ended 30 June 2023: HK 4.9 cents per ordinary share). Anuncio • Aug 09
Canvest Environmental Protection Group Company Limited to Report First Half, 2024 Results on Aug 21, 2024 Canvest Environmental Protection Group Company Limited announced that they will report first half, 2024 results on Aug 21, 2024 Anuncio • Jun 24
Canvest Environmental Protection Group Company Limited Announces Board Changes The Board of Canvest Environmental Protection Group Company Limited announced that Mr. Lui Ting Cheong Alexander has tendered his resignation and will resign from the position of non-executive Director and member of the strategy and sustainability committee of the Board with effect from 21 June 2024 due to his other business commitments. The Board further announced that following Mr. Lui's resignation, Mr. Chung Kwok Nam, an independent non-executive Director, has been appointed as a member of the Strategy and Sustainability Committee with effect from 21 June 2024. Upcoming Dividend • Jun 19
Upcoming dividend of HK$0.032 per share Eligible shareholders must have bought the stock before 25 June 2024. Payment date: 31 July 2024. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.9%). Anuncio • May 01
Canvest Environmental Protection Group Company Limited, Annual General Meeting, Jun 21, 2024 Canvest Environmental Protection Group Company Limited, Annual General Meeting, Jun 21, 2024, at 14:30 China Standard Time. Location: 24/F, Admiralty Center 1, 18 Harcourt Road Hong Kong Hong Kong Agenda: To receive and adopt the audited consolidated financial statements together with the report of directors and the independent auditor's report of the Company and its subsidiaries for the year ended 31 December 2023; to declare a final dividend for the year ended 31 December 2023; to reelect directors; to authorise the board of directors of the Company (the ``Board'') to fix the remuneration of directors; to re-appoint PricewaterhouseCoopers as auditor of the Company and to authorise the Board to fix their remuneration; to grant general mandate to repurchase shares; to grant general mandate to allot, issue and deal with additional Shares; to consider the proposed amendments to the existing Memorandum and Articles of Association of the Company; and to consider other matters. Declared Dividend • Mar 28
Final dividend of HK$0.032 announced Shareholders will receive a dividend of HK$0.032. Ex-date: 25th June 2024 Payment date: 31st July 2024 Dividend yield will be 8.1%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by both earnings (20% earnings payout ratio) and cash flows (33% cash payout ratio). The dividend has increased by an average of 18% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 60% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 26
Full year 2023 earnings released: EPS: HK$0.41 (vs HK$0.55 in FY 2022) Full year 2023 results: EPS: HK$0.41 (down from HK$0.55 in FY 2022). Revenue: HK$4.98b (down 40% from FY 2022). Net income: HK$1.00b (down 25% from FY 2022). Profit margin: 20% (up from 16% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Anuncio • Mar 26
Canvest Environmental Protection Group Company Limited Proposes Final Dividend for the Year Ended 31 December 2023, Payable on 31 July 2024 Canvest Environmental Protection Group Company Limited proposed final dividend of HKD 0.032 per share for the year ended 31 December 2023, payable on 31 July 2024. Ex-dividend date 25 June 2024 and Record date 28 June 2024. Date of shareholders' approval is 21 June 2024. Anuncio • Mar 02
Canvest Environmental Protection Group Company Limited to Report Fiscal Year 2023 Results on Mar 26, 2024 Canvest Environmental Protection Group Company Limited announced that they will report fiscal year 2023 results on Mar 26, 2024 New Risk • Nov 21
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 German stocks, typically moving 6.5% 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 Debt is not well covered by operating cash flow (6.8% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.5% average weekly change). Anuncio • Sep 15
Canvest Environmental Protection Group Company Limited Announces Management Appointments The board of directors of Canvest Environmental Protection Group Company Limited announced that Mr. Lee Tsung Wah Jonathan has been appointed as an independent non-executive director, a member of each of the audit committee, the remuneration committee, nomination committee and the corporate governance committee of the Company with effect from 14 September 2023. Mr. Lee, aged 58, is a partner in the corporate and securities department of Nixon Peabody CWL, Hong Kong office. Mr. Lee is a corporate lawyer with extensive experience in corporate finance, establishment of joint ventures, public takeovers, cross border acquisitions and divestments of equity interests and assets in private and listed companies. He received his Bachelor of Laws degree from University of London and has been a Hong Kong practising solicitor since 1998. Mr. Lee is currently a member of the Market Misconduct Tribunal, a member of the Consents Committee and the Greater China Legal Affairs Committee of the Law Society of Hong Kong. He is a former member of the Board of Review of the Inland Revenue Department, Standing Committee of the Chinese People's Political Consultative Conference (CPPCC) in Huangpu District, Guangzhou and a member of the Disciplinary Panel of the Hong Kong Institute of Certified Public Accountants. He was an independent non-executive director of Metaverse Yunji Technology Group Company Limited, from March 2020 to September 2021. Mr. Lee has entered into a director service agreement with the Company for a term of 3 years commencing from 14 September 2023, which may be terminated by not less than three months' notice in writing served by either party on the other or otherwise in accordance with the terms of the Service Agreement, subject to retirement by rotation and re-election in accordance with the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and the articles of association of the Company. Professor Sha Zhenquan has been appointed as chairman of the Nomination Committee with effect from 14 September 2023. Upcoming Dividend • Sep 04
Upcoming dividend of HK$0.049 per share at 2.3% yield Eligible shareholders must have bought the stock before 11 September 2023. Payment date: 30 November 2023. Payout ratio is a comfortable 20% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.6%). Anuncio • Aug 24
Canvest Environmental Protection Group Company Limited Declares Interim Dividend for the Six Months Ended 30 June 2023, Payable on 30 November 2023 Canvest Environmental Protection Group Company Limited declares interim dividend of HKD 0.049 per share for the six months ended 30 June 2023, payable on 30 November 2023. Record date 15 September 2023 and Ex-dividend date 11 September 2023. Reported Earnings • Aug 24
First half 2023 earnings released: EPS: HK$0.25 (vs HK$0.32 in 1H 2022) First half 2023 results: EPS: HK$0.25 (down from HK$0.32 in 1H 2022). Revenue: HK$2.98b (down 28% from 1H 2022). Net income: HK$610.3m (down 21% from 1H 2022). Profit margin: 21% (up from 19% in 1H 2022). The increase in margin was driven by lower expenses. Revenue is expected to decline by 3.9% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Germany are expected to grow by 6.2%. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Anuncio • Aug 10
Canvest Environmental Protection Group Company Limited to Report First Half, 2023 Results on Aug 23, 2023 Canvest Environmental Protection Group Company Limited announced that they will report first half, 2023 results on Aug 23, 2023 Anuncio • Jun 16
Canvest Environmental Protection Group Company Limited Announces Retirement of Chung Wing Yin as Independent Non-Executive Director Canvest Environmental Protection Group Company Limited Board announced that following the conclusion of the AGM, Mr. Chung Wing Yin has retired as independent non-executive Director of the Company, chairman of Nomination Committee, member of Audit Committee, Remuneration Committee and Corporate Governance Committee with effect from the conclusion of the AGM of the Company held on 15 June 2023. Upcoming Dividend • Jun 12
Upcoming dividend of HK$0.047 per share at 2.8% yield Eligible shareholders must have bought the stock before 19 June 2023. Payment date: 31 July 2023. Payout ratio is a comfortable 20% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (2.7%). Buying Opportunity • May 05
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 6.2%. The fair value is estimated to be €0.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to decline by 9.0% per annum. Earnings is forecast to grow by 7.6% per annum over the same time period. Reported Earnings • Mar 23
Full year 2022 earnings released: EPS: HK$0.55 (vs HK$0.54 in FY 2021) Full year 2022 results: EPS: HK$0.55 (up from HK$0.54 in FY 2021). Revenue: HK$8.25b (up 21% from FY 2021). Net income: HK$1.33b (flat on FY 2021). Profit margin: 16% (down from 20% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is expected to fall by 1.8% p.a. on average during the next 2 years compared to a 11% decline forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 5 highly experienced directors. 4 independent directors (6 non-independent directors). Independent & Non-Executive Director Kwok Nam Chung was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Upcoming Dividend • Sep 02
Upcoming dividend of HK$0.062 per share Eligible shareholders must have bought the stock before 09 September 2022. Payment date: 31 October 2022. Payout ratio is a comfortable 20% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.9%). Reported Earnings • Aug 24
First half 2022 earnings released: EPS: HK$0.32 (vs HK$0.25 in 1H 2021) First half 2022 results: EPS: HK$0.32 (up from HK$0.25 in 1H 2021). Revenue: HK$4.11b (up 53% from 1H 2021). Net income: HK$774.0m (up 26% from 1H 2021). Profit margin: 19% (down from 23% in 1H 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 18% compared to a 11% decline forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Anuncio • Aug 24
Canvest Environmental Protection Group Company Limited Declares Interim Dividend for the Six Months Ended 30 June 2022 Payable on 31 October 2022 Canvest Environmental Protection Group Company Limited declared interim Dividend HKD 0.062 per share for the Six Months Ended 30 June 2022 payable on 31 October 2022. Record date is 16 September 2022. Ex-dividend date is 09 September 2022. Upcoming Dividend • Jun 14
Upcoming dividend of HK$0.058 per share Eligible shareholders must have bought the stock before 21 June 2022. Payment date: 22 July 2022. Payout ratio is a comfortable 20% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.5%). Higher than average of industry peers (1.8%). Reported Earnings • Apr 28
Full year 2021 earnings released: EPS: HK$0.54 (vs HK$0.43 in FY 2020) Full year 2021 results: EPS: HK$0.54 (up from HK$0.43 in FY 2020). Revenue: HK$6.79b (up 36% from FY 2020). Net income: HK$1.32b (up 26% from FY 2020). Profit margin: 20% (down from 21% in FY 2020). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 4.4% compared to a 16% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. 2 highly experienced directors. 4 independent directors (6 non-independent directors). Independent & Non-Executive Director Kwok Nam Chung was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Anuncio • Apr 26
Canvest Environmental Protection Group Company Limited, Annual General Meeting, Jun 17, 2022 Canvest Environmental Protection Group Company Limited, Annual General Meeting, Jun 17, 2022, at 14:30 China Standard Time. Location: 24th Floor, Admiralty Centre 1, 18 Harcourt Road, Hong Kong Hong Kong Agenda: To receive and adopt the audited consolidated financial statements together with the report of directors and the independent auditor's report of the company and its subsidiaries for the year ended 31 December 2021; to declare a final dividend for the year ended 31 December 2021; and to discuss other matters. Anuncio • Mar 06
Canvest Environmental Protection Group Company Limited to Report Fiscal Year 2021 Results on Mar 22, 2022 Canvest Environmental Protection Group Company Limited announced that they will report fiscal year 2021 results on Mar 22, 2022 Reported Earnings • Sep 29
First half 2021 earnings released: EPS HK$0.25 (vs HK$0.19 in 1H 2020) The company reported a solid first half result with improved earnings and revenues, although profit margins were flat. First half 2021 results: Revenue: HK$2.70b (up 34% from 1H 2020). Net income: HK$616.1m (up 36% from 1H 2020). Profit margin: 23% (in line with 1H 2020). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 06
Upcoming dividend of HK$0.05 per share Eligible shareholders must have bought the stock before 13 September 2021. Payment date: 18 October 2021. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.5%). Reported Earnings • Aug 26
First half 2021 earnings released: EPS HK$0.25 (vs HK$0.19 in 1H 2020) The company reported a solid first half result with improved earnings and revenues, although profit margins were flat. First half 2021 results: Revenue: HK$2.70b (up 34% from 1H 2020). Net income: HK$616.1m (up 36% from 1H 2020). Profit margin: 23% (in line with 1H 2020). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jun 15
Upcoming dividend of HK$0.049 per share Eligible shareholders must have bought the stock before 22 June 2021. Payment date: 16 July 2021. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.9%). Reported Earnings • Apr 18
Full year 2020 earnings released: EPS HK$0.43 (vs HK$0.37 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: HK$4.99b (up 26% from FY 2019). Net income: HK$1.05b (up 18% from FY 2019). Profit margin: 21% (down from 23% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 25
Full year 2020 earnings released: EPS HK$0.43 (vs HK$0.37 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: HK$4.99b (up 26% from FY 2019). Net income: HK$1.05b (up 18% from FY 2019). Profit margin: 21% (down from 23% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Anuncio • Mar 09
Canvest Environmental Protection Group Company Limited to Report Fiscal Year 2020 Results on Mar 23, 2021 Canvest Environmental Protection Group Company Limited announced that they will report fiscal year 2020 results on Mar 23, 2021 Is New 90 Day High Low • Feb 26
New 90-day low: €0.32 The company is down 8.0% from its price of €0.35 on 27 November 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.66 per share. Is New 90 Day High Low • Jan 27
New 90-day low: €0.33 The company is down 6.0% from its price of €0.35 on 29 October 2020. The German market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.65 per share. Is New 90 Day High Low • Dec 28
New 90-day low: €0.34 The company is down 3.0% from its price of €0.35 on 29 September 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.77 per share. Is New 90 Day High Low • Dec 09
New 90-day low: €0.34 The company is down 6.0% from its price of €0.36 on 10 September 2020. The German market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.47 per share. Is New 90 Day High Low • Nov 07
New 90-day low: €0.34 The company is down 7.0% from its price of €0.37 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.50 per share. Is New 90 Day High Low • Sep 29
New 90-day low: €0.35 The company is down 8.0% from its price of €0.38 on 01 July 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.84 per share. Reported Earnings • Sep 24
First half earnings released Over the last 12 months the company has reported total profits of HK$943.5m, up 13% from the prior year. Total revenue was HK$3.95b over the last 12 months, down 1.6% from the prior year. Anuncio • Aug 07
Canvest Environmental Protection Group Company Limited to Report Q2, 2020 Results on Aug 20, 2020 Canvest Environmental Protection Group Company Limited announced that they will report Q2, 2020 results on Aug 20, 2020 
