Board Change • Jul 23
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Qiao Liu was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Jun 30
EIT Environmental Development Group Co.,Ltd to Report First Half, 2026 Results on Aug 28, 2026 EIT Environmental Development Group Co.,Ltd announced that they will report first half, 2026 results on Aug 28, 2026 Declared Dividend • Jun 08
Dividend of CN¥0.35 announced Shareholders will receive a dividend of CN¥0.35. Ex-date: 9th June 2026 Payment date: 9th June 2026 Dividend yield will be 1.8%, which is higher than the industry average of 1.7%. Sustainability & Growth Dividend is covered by earnings (25% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 28% per year over the past 6 years. However, payments have been volatile during that time. EPS is expected to grow by 32% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 29
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: CN¥1.40 (down from CN¥1.44 in FY 2024). Revenue: CN¥7.72b (up 7.2% from FY 2024). Net income: CN¥558.0m (down 3.0% from FY 2024). Profit margin: 7.2% (down from 8.0% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.0%. Earnings per share (EPS) also missed analyst estimates by 10%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Commercial Services industry in China. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Apr 29
EIT Environmental Development Group Co.,Ltd, Annual General Meeting, May 20, 2026 EIT Environmental Development Group Co.,Ltd, Annual General Meeting, May 20, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China Annonce • Mar 31
EIT Environmental Development Group Co.,Ltd to Report Q1, 2026 Results on Apr 29, 2026 EIT Environmental Development Group Co.,Ltd announced that they will report Q1, 2026 results on Apr 29, 2026 Annonce • Dec 31
EIT Environmental Development Group Co.,Ltd to Report Fiscal Year 2025 Results on Apr 29, 2026 EIT Environmental Development Group Co.,Ltd announced that they will report fiscal year 2025 results on Apr 29, 2026 Reported Earnings • Oct 30
Third quarter 2025 earnings released: EPS: CN¥0.28 (vs CN¥0.42 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.28 (down from CN¥0.42 in 3Q 2024). Revenue: CN¥1.93b (up 6.0% from 3Q 2024). Net income: CN¥111.1m (down 34% from 3Q 2024). Profit margin: 5.8% (down from 9.3% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Commercial Services industry in China. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Sep 30
EIT Environmental Development Group Co.,Ltd to Report Q3, 2025 Results on Oct 30, 2025 EIT Environmental Development Group Co.,Ltd announced that they will report Q3, 2025 results on Oct 30, 2025 Valuation Update With 7 Day Price Move • Sep 19
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥30.72, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 18x in the Commercial Services industry in China. Total returns to shareholders of 127% over the past three years. Price Target Changed • Aug 25
Price target increased by 24% to CN¥26.35 Up from CN¥21.30, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of CN¥27.07. Stock is up 135% over the past year. The company is forecast to post earnings per share of CN¥1.56 for next year compared to CN¥1.44 last year. Valuation Update With 7 Day Price Move • Aug 11
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥24.58, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 19x in the Commercial Services industry in China. Total returns to shareholders of 80% over the past three years. Annonce • Jul 02
EIT Environmental Development Group Co.,Ltd to Report First Half, 2025 Results on Aug 22, 2025 EIT Environmental Development Group Co.,Ltd announced that they will report first half, 2025 results on Aug 22, 2025 Declared Dividend • May 31
Dividend increased to CN¥0.38 Dividend of CN¥0.38 is 88% higher than last year. Ex-date: 6th June 2025 Payment date: 6th June 2025 Dividend yield will be 1.5%, which is lower than the industry average of 1.7%. Sustainability & Growth Dividend is covered by earnings (25% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 37% per year over the past 5 years. However, payments have been volatile during that time. EPS is expected to grow by 41% over the next 3 years, which should provide support to the dividend and adequate earnings cover. New Risk • May 28
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 Chinese stocks, typically moving 9.2% 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 High level of non-cash earnings (22% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.2% average weekly change). Valuation Update With 7 Day Price Move • May 28
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥22.32, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 16x in the Commercial Services industry in China. Total returns to shareholders of 56% over the past three years. Major Estimate Revision • May 07
Consensus EPS estimates fall by 11%, revenue upgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from CN¥7.85b to CN¥7.98b. EPS estimate fell from CN¥1.83 to CN¥1.63 per share. Net income forecast to grow 13% next year vs 30% growth forecast for Commercial Services industry in China. Consensus price target down from CN¥22.45 to CN¥21.30. Share price was steady at CN¥16.04 over the past week. Reported Earnings • May 02
Third quarter 2024 earnings released: EPS: CN¥0.42 (vs CN¥0.36 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.42 (up from CN¥0.36 in 3Q 2023). Revenue: CN¥1.82b (up 18% from 3Q 2023). Net income: CN¥169.0m (up 19% from 3Q 2023). Profit margin: 9.3% (up from 9.2% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Commercial Services industry in China. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 5% per year. Annonce • Apr 28
EIT Environmental Development Group Co.,Ltd, Annual General Meeting, May 19, 2025 EIT Environmental Development Group Co.,Ltd, Annual General Meeting, May 19, 2025, at 15:00 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥14.06, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 18x in the Commercial Services industry in China. Total loss to shareholders of 1.8% over the past three years. Annonce • Mar 31
EIT Environmental Development Group Co.,Ltd to Report Q1, 2025 Results on Apr 28, 2025 EIT Environmental Development Group Co.,Ltd announced that they will report Q1, 2025 results on Apr 28, 2025 Annonce • Dec 31
EIT Environmental Development Group Co.,Ltd to Report Fiscal Year 2024 Results on Apr 28, 2025 EIT Environmental Development Group Co.,Ltd announced that they will report fiscal year 2024 results on Apr 28, 2025 Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥18.56, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 16x in the Commercial Services industry in China. Total loss to shareholders of 8.4% over the past three years. Price Target Changed • Oct 31
Price target increased by 8.5% to CN¥18.44 Up from CN¥16.99, the current price target is an average from 3 analysts. New target price is 21% above last closing price of CN¥15.20. Stock is up 4.5% over the past year. The company is forecast to post earnings per share of CN¥1.57 for next year compared to CN¥1.31 last year. Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.42 (vs CN¥0.36 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.42 (up from CN¥0.36 in 3Q 2023). Revenue: CN¥1.82b (up 18% from 3Q 2023). Net income: CN¥169.0m (up 19% from 3Q 2023). Profit margin: 9.3% (up from 9.2% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Commercial Services industry in China. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Annonce • Sep 30
EIT Environmental Development Group Co.,Ltd to Report Q3, 2024 Results on Oct 29, 2024 EIT Environmental Development Group Co.,Ltd announced that they will report Q3, 2024 results on Oct 29, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to CN¥14.32, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 14x in the Commercial Services industry in China. Total loss to shareholders of 41% over the past three years. Price Target Changed • Aug 28
Price target decreased by 10% to CN¥18.05 Down from CN¥20.07, the current price target is an average from 3 analysts. New target price is 58% above last closing price of CN¥11.43. Stock is down 27% over the past year. The company is forecast to post earnings per share of CN¥1.64 for next year compared to CN¥1.31 last year. Reported Earnings • Aug 23
Second quarter 2024 earnings released: EPS: CN¥0.45 (vs CN¥0.45 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.45 (up from CN¥0.45 in 2Q 2023). Revenue: CN¥1.70b (up 13% from 2Q 2023). Net income: CN¥179.1m (flat on 2Q 2023). Profit margin: 11% (down from 12% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Commercial Services industry in China. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Annonce • Jun 29
EIT Environmental Development Group Co.,Ltd to Report First Half, 2024 Results on Aug 23, 2024 EIT Environmental Development Group Co.,Ltd announced that they will report first half, 2024 results on Aug 23, 2024 Declared Dividend • Jun 06
Dividend of CN¥0.20 announced Shareholders will receive a dividend of CN¥0.20. Ex-date: 12th June 2024 Payment date: 12th June 2024 Dividend yield will be 1.6%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (15% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 26% per year over the past 4 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. Annonce • Apr 28
EIT Environmental Development Group Co.,Ltd, Annual General Meeting, May 17, 2024 EIT Environmental Development Group Co.,Ltd, Annual General Meeting, May 17, 2024, at 15:00 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China Agenda: To consider 2023 work report of the board of directors; to consider 2023 annual accounts report; to consider 2023 profit distribution plan; to consider 2023 annual report and its summary; to consider Special report on the deposit and use of raised funds in 2023; to consider Amendments to the connected transaction management system; to consider Formulation of the management system for audit firm appointment; to consider 2023 work report of the supervisory committee; and to consider Purchase of wealth management products with some idle proprietary funds. Annonce • Apr 27
EIT Environmental Development Group Co.,Ltd Proposes Final Cash Dividend for the Year 2023 EIT Environmental Development Group Co.,Ltd announced on 26 April 2024 proposed final cash dividend/10 shares (tax included) of CNY 2.00000000 for the year 2023. Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: CN¥0.37 (vs CN¥0.35 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.37 (up from CN¥0.35 in 1Q 2023). Revenue: CN¥1.70b (up 20% from 1Q 2023). Net income: CN¥147.7m (up 5.6% from 1Q 2023). Profit margin: 8.7% (down from 9.9% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Commercial Services industry in China. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings. Annonce • Mar 30
EIT Environmental Development Group Co.,Ltd to Report Q1, 2024 Results on Apr 26, 2024 EIT Environmental Development Group Co.,Ltd announced that they will report Q1, 2024 results on Apr 26, 2024 Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥10.59, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 11x in the Commercial Services industry in China. Total loss to shareholders of 58% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥8.27 per share. Annonce • Dec 30
EIT Environmental Development Group Co.,Ltd to Report Fiscal Year 2023 Results on Apr 26, 2024 EIT Environmental Development Group Co.,Ltd announced that they will report fiscal year 2023 results on Apr 26, 2024 New Risk • Nov 01
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 22% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (22% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Annonce • Sep 30
EIT Environmental Development Group Co.,Ltd to Report Q3, 2023 Results on Oct 30, 2023 EIT Environmental Development Group Co.,Ltd announced that they will report Q3, 2023 results on Oct 30, 2023 Price Target Changed • Sep 05
Price target decreased by 10% to CN¥20.10 Down from CN¥22.38, the current price target is an average from 2 analysts. New target price is 26% above last closing price of CN¥15.89. Stock is up 11% over the past year. The company is forecast to post earnings per share of CN¥1.43 for next year compared to CN¥1.24 last year. Reported Earnings • Aug 29
Second quarter 2023 earnings released: EPS: CN¥0.45 (vs CN¥0.36 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.45 (up from CN¥0.36 in 2Q 2022). Revenue: CN¥1.51b (up 14% from 2Q 2022). Net income: CN¥177.7m (up 24% from 2Q 2022). Profit margin: 12% (up from 11% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Commercial Services industry in China. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings. Annonce • Jun 03
EIT Environmental Development Group Co.,Ltd Announces Implementation of Final Cash Dividend for 2022, Payable on 09 June 2023 EIT Environmental Development Group Co.,Ltd announced a cash dividend of CNY 5.70000000 (taxes included) per 10 A shares for 2022. Record date: 08 June 2023. Ex-date: 09 June 2023. Payment date: 09 June 2023. Annonce • May 18
EIT Environmental Development Group Co.,Ltd Approves Dividend for the Year 2022 EIT Environmental Development Group Co.,Ltd approves Cash dividend of (tax included) CNY 5.70000000 per 10 shares at its Annual General Meeting held on 16 May 2023. Reported Earnings • Apr 26
First quarter 2023 earnings released: EPS: CN¥0.42 (vs CN¥0.39 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.42 (up from CN¥0.39 in 1Q 2022). Revenue: CN¥1.42b (up 11% from 1Q 2022). Net income: CN¥139.9m (up 8.5% from 1Q 2022). Profit margin: 9.9% (in line with 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings. Board Change • Nov 16
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Independent Director Jinming Ling was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.33 (vs CN¥0.33 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.33 (up from CN¥0.33 in 3Q 2021). Revenue: CN¥1.34b (up 14% from 3Q 2021). Net income: CN¥109.4m (flat on 3Q 2021). Profit margin: 8.2% (down from 9.3% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Commercial Services industry in China. Price Target Changed • Oct 14
Price target decreased to CN¥24.41 Down from CN¥26.85, the current price target is an average from 2 analysts. New target price is 52% above last closing price of CN¥16.05. Stock is down 40% over the past year. The company is forecast to post earnings per share of CN¥1.72 for next year compared to CN¥1.43 last year. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CN¥0.43 (vs CN¥0.50 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.43 (down from CN¥0.50 in 2Q 2021). Revenue: CN¥1.33b (up 9.5% from 2Q 2021). Net income: CN¥143.0m (down 13% from 2Q 2021). Profit margin: 11% (down from 14% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 22%, compared to a 15% growth forecast for the Commercial Services industry in China. Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment deteriorated over the past week After last week's 18% share price decline to CN¥17.87, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 14x in the Commercial Services industry in China. Total loss to shareholders of 55% over the past year. Annonce • Jun 02
EIT Environmental Development Group Co.,Ltd Announces Final Profit Distribution Plan to Be Implemented on A Shares for the Year 2021, Payable on 09 June 2022 EIT Environmental Development Group Co.,Ltd announced final profit distribution plan to be implemented on A shares as cash dividend per ten shares (tax included) of CNY 2.56000000 for the year 2021, payable on 09 June 2022. Record date: 08 June 2022. Ex-date: 09 June 2022. Net cash dividend per ten shares after tax: CNY 2.30400000 (CNY 2.56000000 – CNY 0.25600000). Reported Earnings • Apr 28
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: EPS: CN¥0.47 (down from CN¥0.55 in 1Q 2021). Revenue: CN¥1.27b (up 7.7% from 1Q 2021). Net income: CN¥128.9m (down 14% from 1Q 2021). Profit margin: 10% (down from 13% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 7.3%. Earnings per share (EPS) also missed analyst estimates by 21%. Over the next year, revenue is forecast to grow 21%, compared to a 13% growth forecast for the industry in China. Price Target Changed • Apr 27
Price target decreased to CN¥32.23 Down from CN¥40.00, the current price target is an average from 3 analysts. New target price is 72% above last closing price of CN¥18.75. Stock is down 56% over the past year. The company is forecast to post earnings per share of CN¥1.97 for next year compared to CN¥1.71 last year. Board Change • Apr 27
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Independent Director Jinming Ling was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annonce • Apr 21
EIT Environmental Development Group Co.,Ltd Approves Cash Dividend for the Year 2021 EIT Environmental Development Group Co.,Ltd at the AGM held on April 19, 2022, approved the Cash dividend per 10 shares (tax included) of CNY 2.56000000 for the year 2021. Major Estimate Revision • Apr 04
Consensus EPS estimates fall by 25% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥6.29b to CN¥5.75b. EPS estimate also fell from CN¥2.64 per share to CN¥1.97 per share. Net income forecast to grow 22% next year vs 36% growth forecast for Commercial Services industry in China. Consensus price target down from CN¥40.00 to CN¥32.23. Share price was steady at CN¥23.55 over the past week. Reported Earnings • Mar 30
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: CN¥1.71 (down from CN¥2.33 in FY 2020). Revenue: CN¥4.83b (up 12% from FY 2020). Net income: CN¥472.5m (down 25% from FY 2020). Profit margin: 9.8% (down from 15% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 7.3%. Earnings per share (EPS) also missed analyst estimates by 21%. Over the next year, revenue is forecast to grow 15%, compared to a 17% growth forecast for the industry in China. Annonce • Mar 30
EIT Environmental Development Group Co.,Ltd Announces the Profit Distribution Proposal for 2021 On 29 March 2022, EIT Environmental Development Group Co.,Ltd announced the profit distribution proposal for 2021 as Cash dividend of CNY 2.56000000 per 10 shares (tax included). Reported Earnings • Oct 27
Third quarter 2021 earnings released: EPS CN¥0.39 (vs CN¥0.65 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥1.17b (up 7.0% from 3Q 2020). Net income: CN¥108.4m (down 40% from 3Q 2020). Profit margin: 9.3% (down from 17% in 3Q 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥31.85, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 13x in the Commercial Services industry in China. Total loss to shareholders of 43% over the past year. Valuation Update With 7 Day Price Move • Aug 31
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥39.54, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 12x in the Commercial Services industry in China. Total loss to shareholders of 42% over the past year. Reported Earnings • Aug 18
Second quarter 2021 earnings released: EPS CN¥0.59 (vs CN¥0.73 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥1.22b (up 13% from 2Q 2020). Net income: CN¥164.4m (down 19% from 2Q 2020). Profit margin: 14% (down from 19% in 2Q 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Aug 12
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥33.72, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Commercial Services industry in China. Total loss to shareholders of 44% over the past year. Annonce • Jun 02
EIT Environmental Development Group Co.,Ltd Announces Cash Dividend for 2020, Payable on 08 June 2021 EIT Environmental Development Group Co.,Ltd announced cash dividend/10 shares (tax included) of CNY 11.20000000 for 2020. Record date is 07 June 2021, ex-date is 08 June 2021 and payment date is 08 June 2021. Reported Earnings • May 01
First quarter 2021 earnings released: EPS CN¥1.09 (vs CN¥1.14 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥1.18b (up 20% from 1Q 2020). Net income: CN¥150.4m (up 3.6% from 1Q 2020). Profit margin: 13% (down from 15% in 1Q 2020). The decrease in margin was driven by higher expenses. Reported Earnings • Mar 30
Full year 2020 earnings released: EPS CN¥4.66 (vs CN¥3.01 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥4.32b (up 20% from FY 2019). Net income: CN¥631.0m (up 102% from FY 2019). Profit margin: 15% (up from 8.7% in FY 2019). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥95.97, the stock is trading at a trailing P/E ratio of 20.3x, up from the previous P/E ratio of 17.5x. This compares to an average P/E of 25x in the Commercial Services industry in China. Total return to shareholders over the past year is a loss of 13%. Is New 90 Day High Low • Mar 02
New 90-day high: CN¥97.97 The company is up 1.0% from its price of CN¥97.10 on 02 December 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Commercial Services industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥35.63 per share. Annonce • Feb 24
EIT Environmental Development Group Co.,Ltd to Report Fiscal Year 2020 Results on Mar 30, 2021 EIT Environmental Development Group Co.,Ltd announced that they will report fiscal year 2020 results on Mar 30, 2021 Is New 90 Day High Low • Jan 22
New 90-day low: CN¥78.32 The company is down 26% from its price of CN¥105 on 23 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is down 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥36.04 per share. Is New 90 Day High Low • Nov 25
New 90-day low: CN¥95.80 The company is down 30% from its price of CN¥137 on 27 August 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is down 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥139 per share. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥601.4m, up 118% from the prior year. Total revenue was CN¥4.11b over the last 12 months, up 21% from the prior year. Is New 90 Day High Low • Oct 23
New 90-day low: CN¥105 The company is down 11% from its price of CN¥118 on 24 July 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥146 per share. Annonce • Oct 20
EIT Environmental Development Group Co.,Ltd to Report Q3, 2020 Results on Oct 27, 2020 EIT Environmental Development Group Co.,Ltd announced that they will report Q3, 2020 results on Oct 27, 2020 Annonce • Sep 25
EIT Environmental Development Group Co.,Ltd announced that it expects to receive CNY 3 billion in funding EIT Environmental Development Group Co.,Ltd (SZSE:300815) announced a private placement of not more than 41,520,000 A shares for gross proceeds of CNY 3,000,000,000 on August 18, 2020. The shares have a par value CNY 1 each. The issue price is not less than 80% of the average price of the company's stocks 20 trading days before the first day of the issue period. The transaction will include participation from not more than 35 investors. The transaction has been approved in the 7th meeting of the 2nd directorate of the company and is subject to approval from company's shareholders meeting, Shenzhen Stock Exchange and China Securities Regulatory Commission. The resolution of this issuance is valid for 12 months from the date of deliberation and approval by the company's shareholders meeting. All securities issued in the transaction have a hold period of 6 months.
On September 23, 2020, the company announced that the Shenzhen Stock Exchange has accepted the application for issuance of shares by the company via (Shenzhen Stock Exchange (2020] No. 574). The transaction is still subject to review by Shenzhen Stock Exchange, and from China Securities Regulatory Commission. Is New 90 Day High Low • Sep 22
New 90-day low: CN¥116 The company is down 4.0% from its price of CN¥120 on 24 June 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services 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 CN¥145 per share. Annonce • Jul 24
EIT Environmental Development Group Co.,Ltd to Report First Half, 2020 Results on Aug 18, 2020 EIT Environmental Development Group Co.,Ltd announced that they will report first half, 2020 results on Aug 18, 2020 
