Grandblue Environment（600323）株式概要藍碧環境有限公司は、中国における固形廃棄物処理、エネルギー、給水、排水など幅広い業務に携わっている。 詳細600323 ファンダメンタル分析スノーフレーク・スコア評価6/6将来の成長1/6過去の実績4/6財務の健全性5/6配当金6/6報酬当社が推定した公正価値より40.9%で取引されている 収益は年間8.32%増加すると予測されています 過去1年間で収益は25.2%増加しました 3.44%の高配当で安定した配当金を支払う 同業他社や業界と比較して、良好な取引価格 アナリストらは、株価が34.3%上昇するだろうとほぼ一致している。 リスク分析リスクチェックの結果、600323 、リスクは検出されなかった。すべてのリスクチェックを見る600323 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueCN¥Current PriceCN¥30.488.3% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture019b2016201920222025202620282031Revenue CN¥19.0bEarnings CN¥2.7bAdvancedSet Fair ValueView all narrativesGrandblue Environment Co., Ltd. 競合他社Beijing Capital Eco-Environment Protection GroupSymbol: SHSE:600008Market cap: CN¥22.5bChongqing Water GroupLtdSymbol: SHSE:601158Market cap: CN¥20.4bChengdu Xingrong EnvironmentSymbol: SZSE:000598Market cap: CN¥19.5bZhongshan Public Utilities GroupLtdSymbol: SZSE:000685Market cap: CN¥17.9b価格と性能株価の高値、安値、推移の概要Grandblue Environment過去の株価現在の株価CN¥30.4852週高値CN¥32.9952週安値CN¥23.52ベータ0.271ヶ月の変化3.71%3ヶ月変化8.35%1年変化24.87%3年間の変化57.76%5年間の変化27.53%IPOからの変化454.37%最新ニュースReported Earnings • Apr 24Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: CN¥2.42 (up from CN¥2.04 in FY 2024). Revenue: CN¥13.9b (up 17% from FY 2024). Net income: CN¥1.97b (up 19% from FY 2024). Profit margin: 14% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 7.9% p.a. on average during the next 2 years, compared to a 4.7% growth forecast for the Water Utilities industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 15% per year.Price Target Changed • Apr 21Price target increased by 14% to CN¥41.35Up from CN¥36.23, the current price target is an average from 2 analysts. New target price is 41% above last closing price of CN¥29.39. Stock is up 25% over the past year. The company is forecast to post earnings per share of CN¥2.41 for next year compared to CN¥2.04 last year.お知らせ • Mar 30Grandblue Environment Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026Grandblue Environment Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026お知らせ • Dec 26Grandblue Environment Co., Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026Grandblue Environment Co., Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026Reported Earnings • Oct 29Third quarter 2025 earnings released: EPS: CN¥0.78 (vs CN¥0.61 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.78 (up from CN¥0.61 in 3Q 2024). Revenue: CN¥3.97b (up 37% from 3Q 2024). Net income: CN¥638.0m (up 28% from 3Q 2024). Profit margin: 16% (down from 17% 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 5.8% growth forecast for the Water Utilities industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 15% per year.お知らせ • Sep 30Grandblue Environment Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025Grandblue Environment Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025最新情報をもっと見るRecent updatesReported Earnings • Apr 24Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: CN¥2.42 (up from CN¥2.04 in FY 2024). Revenue: CN¥13.9b (up 17% from FY 2024). Net income: CN¥1.97b (up 19% from FY 2024). Profit margin: 14% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 7.9% p.a. on average during the next 2 years, compared to a 4.7% growth forecast for the Water Utilities industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 15% per year.Price Target Changed • Apr 21Price target increased by 14% to CN¥41.35Up from CN¥36.23, the current price target is an average from 2 analysts. New target price is 41% above last closing price of CN¥29.39. Stock is up 25% over the past year. The company is forecast to post earnings per share of CN¥2.41 for next year compared to CN¥2.04 last year.お知らせ • Mar 30Grandblue Environment Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026Grandblue Environment Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026お知らせ • Dec 26Grandblue Environment Co., Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026Grandblue Environment Co., Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026Reported Earnings • Oct 29Third quarter 2025 earnings released: EPS: CN¥0.78 (vs CN¥0.61 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.78 (up from CN¥0.61 in 3Q 2024). Revenue: CN¥3.97b (up 37% from 3Q 2024). Net income: CN¥638.0m (up 28% from 3Q 2024). Profit margin: 16% (down from 17% 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 5.8% growth forecast for the Water Utilities industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 15% per year.お知らせ • Sep 30Grandblue Environment Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025Grandblue Environment Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025Major Estimate Revision • Jul 22Consensus revenue estimates increase by 15%The consensus outlook for revenues in fiscal year 2025 has improved. 2025 revenue forecast increased from CN¥12.5b to CN¥14.3b. EPS estimate increased from CN¥2.17 to CN¥2.36 per share. Net income forecast to grow 16% next year vs 9.6% growth forecast for Water Utilities industry in China. Consensus price target up from CN¥28.49 to CN¥32.41. Share price rose 2.1% to CN¥26.15 over the past week.Price Target Changed • Jul 19Price target increased by 14% to CN¥32.41Up from CN¥28.49, the current price target is an average from 2 analysts. New target price is 26% above last closing price of CN¥25.79. Stock is up 15% over the past year. The company is forecast to post earnings per share of CN¥2.29 for next year compared to CN¥2.04 last year.お知らせ • Jun 30Grandblue Environment Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025Grandblue Environment Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025Board Change • Jun 06Less than half of directors are independentFollowing 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. 5 non-independent directors. Independent Director Liang Jinqi was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.New Risk • May 18New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 20% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company.New Risk • Apr 17New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 20% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company.お知らせ • Apr 15Grandblue Environment Co., Ltd., Annual General Meeting, May 07, 2025Grandblue Environment Co., Ltd., Annual General Meeting, May 07, 2025, at 14:30 China Standard Time. Location: 10F, No. 23, Ronghe Road, Guicheng Subdistrict, Nanhai District, Foshan, Guangdong ChinaReported Earnings • Apr 11Full year 2024 earnings: EPS in line with expectations, revenues disappointFull year 2024 results: EPS: CN¥2.04 (up from CN¥1.75 in FY 2023). Revenue: CN¥11.9b (down 5.2% from FY 2023). Net income: CN¥1.66b (up 16% from FY 2023). Profit margin: 14% (up from 11% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.0% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Water Utilities industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 28Grandblue Environment Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025Grandblue Environment Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025分析記事 • Mar 12Grandblue Environment (SHSE:600323) Hasn't Managed To Accelerate Its ReturnsWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...分析記事 • Feb 24Grandblue Environment Co., Ltd. (SHSE:600323) Shares Could Be 36% Below Their Intrinsic Value EstimateKey Insights Using the 2 Stage Free Cash Flow to Equity, Grandblue Environment fair value estimate is CN¥35.37...分析記事 • Feb 09Grandblue Environment Co., Ltd.'s (SHSE:600323) Business And Shares Still Trailing The MarketWhen close to half the companies in China have price-to-earnings ratios (or "P/E's") above 37x, you may consider...分析記事 • Jan 08Grandblue Environment (SHSE:600323) Has A Somewhat Strained Balance SheetLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Price Target Changed • Dec 28Price target increased by 8.9% to CN¥27.91Up from CN¥25.62, the current price target is an average from 2 analysts. New target price is 19% above last closing price of CN¥23.40. Stock is up 35% over the past year. The company is forecast to post earnings per share of CN¥2.09 for next year compared to CN¥1.75 last year.お知らせ • Dec 27Grandblue Environment Co., Ltd. to Report Fiscal Year 2024 Results on Apr 11, 2025Grandblue Environment Co., Ltd. announced that they will report fiscal year 2024 results on Apr 11, 2025分析記事 • Dec 06Returns At Grandblue Environment (SHSE:600323) Appear To Be Weighed DownWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...分析記事 • Nov 21Is Grandblue Environment Co., Ltd. (SHSE:600323) Trading At A 40% Discount?Key Insights Grandblue Environment's estimated fair value is CN¥37.46 based on 2 Stage Free Cash Flow to Equity...分析記事 • Nov 04Grandblue Environment's (SHSE:600323) Solid Earnings May Rest On Weak FoundationsThe stock price didn't jump after Grandblue Environment Co., Ltd. ( SHSE:600323 ) posted decent earnings last week. We...Reported Earnings • Oct 28Third quarter 2024 earnings released: EPS: CN¥0.61 (vs CN¥0.58 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.61 (up from CN¥0.58 in 3Q 2023). Revenue: CN¥2.91b (down 4.2% from 3Q 2023). Net income: CN¥498.1m (up 4.6% from 3Q 2023). Profit margin: 17% (up from 16% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Water Utilities industry in China. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.分析記事 • Oct 20Investors Aren't Buying Grandblue Environment Co., Ltd.'s (SHSE:600323) EarningsGrandblue Environment Co., Ltd.'s ( SHSE:600323 ) price-to-earnings (or "P/E") ratio of 11.4x might make it look like a...お知らせ • Sep 30Grandblue Environment Co., Ltd. to Report Q3, 2024 Results on Oct 28, 2024Grandblue Environment Co., Ltd. announced that they will report Q3, 2024 results on Oct 28, 2024Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥21.85, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Water Utilities industry in China. Total loss to shareholders of 14% over the past three years.Price Target Changed • Aug 27Price target increased by 9.8% to CN¥25.62Up from CN¥23.33, the current price target is an average from 3 analysts. New target price is 23% above last closing price of CN¥20.81. Stock is up 11% over the past year. The company is forecast to post earnings per share of CN¥2.09 for next year compared to CN¥1.75 last year.Reported Earnings • Aug 26Second quarter 2024 earnings released: EPS: CN¥0.62 (vs CN¥0.47 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.62 (up from CN¥0.47 in 2Q 2023). Revenue: CN¥3.11b (flat on 2Q 2023). Net income: CN¥506.2m (up 33% from 2Q 2023). Profit margin: 16% (up from 12% in 2Q 2023). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Water Utilities industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.分析記事 • Aug 14Return Trends At Grandblue Environment (SHSE:600323) Aren't AppealingIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...分析記事 • Jul 23Grandblue Environment's (SHSE:600323) Shareholders Will Receive A Bigger Dividend Than Last YearGrandblue Environment Co., Ltd. ( SHSE:600323 ) has announced that it will be increasing its dividend from last year's...Declared Dividend • Jul 21Dividend increased to CN¥0.48Dividend of CN¥0.48 is 118% higher than last year. Ex-date: 24th July 2024 Payment date: 24th July 2024 Dividend yield will be 2.1%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (26% earnings payout ratio) and cash flows (38% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 32% over the next 3 years, which should provide support to the dividend and adequate earnings cover.分析記事 • Jul 17Is Grandblue Environment (SHSE:600323) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Price Target Changed • Jul 08Price target increased by 8.7% to CN¥24.75Up from CN¥22.77, the current price target is an average from 3 analysts. New target price is 9.8% above last closing price of CN¥22.54. Stock is up 18% over the past year. The company is forecast to post earnings per share of CN¥2.00 for next year compared to CN¥1.75 last year.お知らせ • Jun 28Grandblue Environment Co., Ltd. to Report First Half, 2024 Results on Aug 26, 2024Grandblue Environment Co., Ltd. announced that they will report first half, 2024 results on Aug 26, 2024お知らせ • Jun 08Grandblue Environment Co., Ltd., Annual General Meeting, Jun 28, 2024Grandblue Environment Co., Ltd., Annual General Meeting, Jun 28, 2024, at 14:30 China Standard Time. Location: 10F, No. 23, Ronghe Road, Guicheng Subdistrict, Nanhai District, Foshan, Guangdong China分析記事 • May 23Little Excitement Around Grandblue Environment Co., Ltd.'s (SHSE:600323) EarningsGrandblue Environment Co., Ltd.'s ( SHSE:600323 ) price-to-earnings (or "P/E") ratio of 10.2x might make it look like a...Reported Earnings • May 01First quarter 2024 earnings released: EPS: CN¥0.47 (vs CN¥0.38 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.47 (up from CN¥0.38 in 1Q 2023). Revenue: CN¥2.72b (down 3.1% from 1Q 2023). Net income: CN¥381.0m (up 23% from 1Q 2023). Profit margin: 14% (up from 11% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Water Utilities industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.分析記事 • Apr 18Investors Met With Slowing Returns on Capital At Grandblue Environment (SHSE:600323)If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Reported Earnings • Apr 03Full year 2023 earnings released: EPS: CN¥1.75 (vs CN¥1.41 in FY 2022)Full year 2023 results: EPS: CN¥1.75 (up from CN¥1.41 in FY 2022). Revenue: CN¥12.5b (down 2.6% from FY 2022). Net income: CN¥1.43b (up 25% from FY 2022). Profit margin: 11% (up from 8.9% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.9% p.a. on average during the next 2 years, compared to a 9.1% growth forecast for the Water Utilities 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 fallen by 14% per year, which means it is significantly lagging earnings.お知らせ • Mar 29Grandblue Environment Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Grandblue Environment Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024お知らせ • Dec 29Grandblue Environment Co., Ltd. to Report Fiscal Year 2023 Results on Apr 12, 2024Grandblue Environment Co., Ltd. announced that they will report fiscal year 2023 results on Apr 12, 2024Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: CN¥0.58 (vs CN¥0.39 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.58 (up from CN¥0.39 in 3Q 2022). Revenue: CN¥3.03b (down 13% from 3Q 2022). Net income: CN¥476.0m (up 50% from 3Q 2022). Profit margin: 16% (up from 9.2% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Water Utilities industry in Asia. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.お知らせ • Sep 30Grandblue Environment Co., Ltd. to Report Q3, 2023 Results on Oct 27, 2023Grandblue Environment Co., Ltd. announced that they will report Q3, 2023 results on Oct 27, 2023Reported Earnings • Aug 19Second quarter 2023 earnings released: EPS: CN¥0.47 (vs CN¥0.46 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.47. Revenue: CN¥3.13b (down 8.3% from 2Q 2022). Net income: CN¥379.7m (down 2.8% from 2Q 2022). Profit margin: 12% (in line with 2Q 2022). Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Water Utilities industry in Asia.お知らせ • Jun 28Grandblue Environment Co., Ltd. to Report First Half, 2023 Results on Aug 18, 2023Grandblue Environment Co., Ltd. announced that they will report first half, 2023 results on Aug 18, 2023Reported Earnings • Apr 08Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: CN¥1.41 (down from CN¥1.45 in FY 2021). Revenue: CN¥12.9b (up 9.3% from FY 2021). Net income: CN¥1.15b (down 1.5% from FY 2021). Profit margin: 8.9% (down from 9.9% in FY 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 6.1%. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Water Utilities industry in Asia. 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 1% per year, which means it is significantly lagging earnings.Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Jun Zhang 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.Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: CN¥0.39 (vs CN¥0.35 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.39 (up from CN¥0.35 in 3Q 2021). Revenue: CN¥3.47b (up 35% from 3Q 2021). Net income: CN¥318.1m (up 5.5% from 3Q 2021). Profit margin: 9.2% (down from 12% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Water Utilities industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 20Second quarter 2022 earnings released: EPS: CN¥0.46 (vs CN¥0.47 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.46. Revenue: CN¥3.41b (up 37% from 2Q 2021). Net income: CN¥390.5m (up 1.5% from 2Q 2021). Profit margin: 12% (down from 16% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 4.3% compared to a 13% growth forecast for the Water Utilities industry in China.Reported Earnings • Apr 30First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: CN¥0.20 (down from CN¥0.32 in 1Q 2021). Revenue: CN¥2.73b (up 32% from 1Q 2021). Net income: CN¥159.1m (down 34% from 1Q 2021). Profit margin: 5.8% (down from 12% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 26%. Earnings per share (EPS) missed analyst estimates by 11%. Over the next year, revenue is forecast to stay flat compared to a 15% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Price Target Changed • Apr 27Price target decreased to CN¥24.19Down from CN¥27.76, the current price target is an average from 7 analysts. New target price is 36% above last closing price of CN¥17.85. Stock is down 28% over the past year. The company is forecast to post earnings per share of CN¥1.77 for next year compared to CN¥1.45 last year.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 11 experienced directors. No highly experienced directors. 4 independent directors (8 non-independent directors). Chairman of the Board Guocan Chen was the last 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. Insufficient board refreshment.Major Estimate Revision • Apr 06Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from CN¥10.7b to CN¥12.6b. EPS estimate fell from CN¥1.97 to CN¥1.79. Net income forecast to grow 26% next year vs 15% growth forecast for Water Utilities industry in China. Consensus price target down from CN¥27.76 to CN¥23.76. Share price rose 5.4% to CN¥19.38 over the past week.Reported Earnings • Apr 01Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: CN¥1.45 (up from CN¥1.38 in FY 2020). Revenue: CN¥11.8b (up 57% from FY 2020). Net income: CN¥1.16b (up 10.0% from FY 2020). Profit margin: 9.9% (down from 14% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 26%. Earnings per share (EPS) missed analyst estimates by 11%. Over the next year, revenue is expected to shrink by 4.4% compared to a 8.6% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Price Target Changed • Jan 04Price target decreased to CN¥27.67Down from CN¥30.29, the current price target is an average from 8 analysts. New target price is 30% above last closing price of CN¥21.30. Stock is down 13% over the past year. The company is forecast to post earnings per share of CN¥1.64 for next year compared to CN¥1.38 last year.Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS CN¥0.35 (vs CN¥0.40 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¥2.57b (up 28% from 3Q 2020). Net income: CN¥301.6m (down 2.0% from 3Q 2020). Profit margin: 12% (down from 15% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Oct 12Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥22.51, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Water Utilities industry in China. Total returns to shareholders of 102% over the past three years.Valuation Update With 7 Day Price Move • Sep 24Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥27.20, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 13x in the Water Utilities industry in China. Total returns to shareholders of 103% over the past three years.Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS CN¥0.47 (vs CN¥0.42 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥2.49b (up 44% from 2Q 2020). Net income: CN¥384.8m (up 18% from 2Q 2020). Profit margin: 16% (down from 19% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Apr 28First quarter 2021 earnings released: EPS CN¥0.32 (vs CN¥0.18 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥2.07b (up 46% from 1Q 2020). Net income: CN¥242.2m (up 78% from 1Q 2020). Profit margin: 12% (up from 9.6% in 1Q 2020). The increase in margin was driven by higher revenue. 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 17% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Apr 01Full year 2020 earnings released: EPS CN¥1.38 (vs CN¥1.19 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥7.48b (up 22% from FY 2019). Net income: CN¥1.06b (up 16% from FY 2019). Profit margin: 14% (in line with FY 2019). 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 25% per year, which means it is tracking significantly ahead of earnings growth.Is New 90 Day High Low • Mar 01New 90-day high: CN¥26.50The company is up 8.0% from its price of CN¥24.61 on 01 December 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Water Utilities 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¥179 per share.Is New 90 Day High Low • Jan 26New 90-day low: CN¥21.88The company is down 15% from its price of CN¥25.61 on 28 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Water Utilities industry, which is down 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥179 per share.Is New 90 Day High Low • Dec 22New 90-day low: CN¥22.46The company is down 21% from its price of CN¥28.39 on 23 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Water Utilities industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥179 per share.Is New 90 Day High Low • Dec 01New 90-day low: CN¥24.15The company is down 20% from its price of CN¥30.06 on 02 September 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Water Utilities industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥148 per share.Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥945.0m, up 9.1% from the prior year. Total revenue was CN¥7.04b over the last 12 months, up 27% from the prior year.Is New 90 Day High Low • Oct 23New 90-day low: CN¥25.05The company is down 1.0% from its price of CN¥25.18 on 24 July 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Water Utilities industry, which is also down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥118 per share.お知らせ • Oct 20Grandblue Environment Co., Ltd. to Report Q3, 2020 Results on Oct 27, 2020Grandblue Environment Co., Ltd. announced that they will report Q3, 2020 results on Oct 27, 2020お知らせ • Jul 06Grandblue Environment Co., Ltd. to Report First Half, 2020 Results on Aug 14, 2020Grandblue Environment Co., Ltd. announced that they will report first half, 2020 results on Aug 14, 2020株主還元600323CN Water UtilitiesCN 市場7D0.07%-0.4%-0.04%1Y24.9%6.8%34.9%株主還元を見る業界別リターン: 600323過去 1 年間で6.8 % の収益を上げたCN Water Utilities業界を上回りました。リターン対市場: 600323は、過去 1 年間で34.9 % のリターンを上げたCN市場を下回りました。価格変動Is 600323's price volatile compared to industry and market?600323 volatility600323 Average Weekly Movement4.5%Water Utilities Industry Average Movement5.0%Market Average Movement6.4%10% most volatile stocks in CN Market10.1%10% least volatile stocks in CN Market4.2%安定した株価: 600323 、 CN市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 600323の 週次ボラティリティ ( 4% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト199223,443Duo Jinwww.grandblue.cn巍碧環境有限公司は、中国における固形廃棄物処理、エネルギー、給水、排水などの広範な業務に従事している。同社は、取水、水製造、送水、エンドユーザー・サービス、パイプライン・ネットワーク・メンテナンス、ポンプ場管理、下水処理場運営・管理などの排水サービス産業チェーン、下水ネットワーク・メンテナンス、ポンプ場管理、総合水環境管理などの下水処理サービス・プラント運営、ガス供給サービスを提供している。また、収集運搬センター、衛生サービス、焼却発電、廃棄物分類、衛生清掃、廃棄物収集運搬、衛生埋立地、浸出水、フライアッシュ処理、家庭廃棄物、生ごみ、汚泥、産業有害廃棄物、農業廃棄物からなる固形廃棄物処理サービスも提供している。さらに、同社は排水サービスを提供し、廃棄物のない都市建設のためのベンチマーク能力を開発している。同社は以前、南海開発有限公司として知られていた。Ltd.として知られていたが、2013年12月にGrandblue Environment Co.同社は1992年に設立され、中国の佛山に拠点を置いている。もっと見るGrandblue Environment Co., Ltd. 基礎のまとめGrandblue Environment の収益と売上を時価総額と比較するとどうか。600323 基礎統計学時価総額CN¥24.85b収益（TTM）CN¥2.13b売上高(TTM)CN¥14.99b11.7xPER（株価収益率1.7xP/Sレシオ600323 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計600323 損益計算書（TTM）収益CN¥14.99b売上原価CN¥9.83b売上総利益CN¥5.16bその他の費用CN¥3.03b収益CN¥2.13b直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）2.61グロス・マージン34.40%純利益率14.22%有利子負債／自己資本比率37.2%600323 の長期的なパフォーマンスは？過去の実績と比較を見る配当金3.4%現在の配当利回り40%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 12:10終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Grandblue Environment Co., Ltd. 5 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。11 アナリスト機関Ka SoCCB International Securities LimitedJiani LiuChina International Capital Corporation LimitedYou You LiuChina Stock Investment Research Co. Ltd. (GZ500..com)8 その他のアナリストを表示
Reported Earnings • Apr 24Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: CN¥2.42 (up from CN¥2.04 in FY 2024). Revenue: CN¥13.9b (up 17% from FY 2024). Net income: CN¥1.97b (up 19% from FY 2024). Profit margin: 14% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 7.9% p.a. on average during the next 2 years, compared to a 4.7% growth forecast for the Water Utilities industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 15% per year.
Price Target Changed • Apr 21Price target increased by 14% to CN¥41.35Up from CN¥36.23, the current price target is an average from 2 analysts. New target price is 41% above last closing price of CN¥29.39. Stock is up 25% over the past year. The company is forecast to post earnings per share of CN¥2.41 for next year compared to CN¥2.04 last year.
お知らせ • Mar 30Grandblue Environment Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026Grandblue Environment Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026
お知らせ • Dec 26Grandblue Environment Co., Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026Grandblue Environment Co., Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026
Reported Earnings • Oct 29Third quarter 2025 earnings released: EPS: CN¥0.78 (vs CN¥0.61 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.78 (up from CN¥0.61 in 3Q 2024). Revenue: CN¥3.97b (up 37% from 3Q 2024). Net income: CN¥638.0m (up 28% from 3Q 2024). Profit margin: 16% (down from 17% 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 5.8% growth forecast for the Water Utilities industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 15% per year.
お知らせ • Sep 30Grandblue Environment Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025Grandblue Environment Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025
Reported Earnings • Apr 24Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: CN¥2.42 (up from CN¥2.04 in FY 2024). Revenue: CN¥13.9b (up 17% from FY 2024). Net income: CN¥1.97b (up 19% from FY 2024). Profit margin: 14% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 7.9% p.a. on average during the next 2 years, compared to a 4.7% growth forecast for the Water Utilities industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 15% per year.
Price Target Changed • Apr 21Price target increased by 14% to CN¥41.35Up from CN¥36.23, the current price target is an average from 2 analysts. New target price is 41% above last closing price of CN¥29.39. Stock is up 25% over the past year. The company is forecast to post earnings per share of CN¥2.41 for next year compared to CN¥2.04 last year.
お知らせ • Mar 30Grandblue Environment Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026Grandblue Environment Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026
お知らせ • Dec 26Grandblue Environment Co., Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026Grandblue Environment Co., Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026
Reported Earnings • Oct 29Third quarter 2025 earnings released: EPS: CN¥0.78 (vs CN¥0.61 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.78 (up from CN¥0.61 in 3Q 2024). Revenue: CN¥3.97b (up 37% from 3Q 2024). Net income: CN¥638.0m (up 28% from 3Q 2024). Profit margin: 16% (down from 17% 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 5.8% growth forecast for the Water Utilities industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 15% per year.
お知らせ • Sep 30Grandblue Environment Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025Grandblue Environment Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025
Major Estimate Revision • Jul 22Consensus revenue estimates increase by 15%The consensus outlook for revenues in fiscal year 2025 has improved. 2025 revenue forecast increased from CN¥12.5b to CN¥14.3b. EPS estimate increased from CN¥2.17 to CN¥2.36 per share. Net income forecast to grow 16% next year vs 9.6% growth forecast for Water Utilities industry in China. Consensus price target up from CN¥28.49 to CN¥32.41. Share price rose 2.1% to CN¥26.15 over the past week.
Price Target Changed • Jul 19Price target increased by 14% to CN¥32.41Up from CN¥28.49, the current price target is an average from 2 analysts. New target price is 26% above last closing price of CN¥25.79. Stock is up 15% over the past year. The company is forecast to post earnings per share of CN¥2.29 for next year compared to CN¥2.04 last year.
お知らせ • Jun 30Grandblue Environment Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025Grandblue Environment Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025
Board Change • Jun 06Less than half of directors are independentFollowing 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. 5 non-independent directors. Independent Director Liang Jinqi was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
New Risk • May 18New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 20% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company.
New Risk • Apr 17New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 20% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company.
お知らせ • Apr 15Grandblue Environment Co., Ltd., Annual General Meeting, May 07, 2025Grandblue Environment Co., Ltd., Annual General Meeting, May 07, 2025, at 14:30 China Standard Time. Location: 10F, No. 23, Ronghe Road, Guicheng Subdistrict, Nanhai District, Foshan, Guangdong China
Reported Earnings • Apr 11Full year 2024 earnings: EPS in line with expectations, revenues disappointFull year 2024 results: EPS: CN¥2.04 (up from CN¥1.75 in FY 2023). Revenue: CN¥11.9b (down 5.2% from FY 2023). Net income: CN¥1.66b (up 16% from FY 2023). Profit margin: 14% (up from 11% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.0% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Water Utilities industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 28Grandblue Environment Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025Grandblue Environment Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025
分析記事 • Mar 12Grandblue Environment (SHSE:600323) Hasn't Managed To Accelerate Its ReturnsWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
分析記事 • Feb 24Grandblue Environment Co., Ltd. (SHSE:600323) Shares Could Be 36% Below Their Intrinsic Value EstimateKey Insights Using the 2 Stage Free Cash Flow to Equity, Grandblue Environment fair value estimate is CN¥35.37...
分析記事 • Feb 09Grandblue Environment Co., Ltd.'s (SHSE:600323) Business And Shares Still Trailing The MarketWhen close to half the companies in China have price-to-earnings ratios (or "P/E's") above 37x, you may consider...
分析記事 • Jan 08Grandblue Environment (SHSE:600323) Has A Somewhat Strained Balance SheetLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Price Target Changed • Dec 28Price target increased by 8.9% to CN¥27.91Up from CN¥25.62, the current price target is an average from 2 analysts. New target price is 19% above last closing price of CN¥23.40. Stock is up 35% over the past year. The company is forecast to post earnings per share of CN¥2.09 for next year compared to CN¥1.75 last year.
お知らせ • Dec 27Grandblue Environment Co., Ltd. to Report Fiscal Year 2024 Results on Apr 11, 2025Grandblue Environment Co., Ltd. announced that they will report fiscal year 2024 results on Apr 11, 2025
分析記事 • Dec 06Returns At Grandblue Environment (SHSE:600323) Appear To Be Weighed DownWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
分析記事 • Nov 21Is Grandblue Environment Co., Ltd. (SHSE:600323) Trading At A 40% Discount?Key Insights Grandblue Environment's estimated fair value is CN¥37.46 based on 2 Stage Free Cash Flow to Equity...
分析記事 • Nov 04Grandblue Environment's (SHSE:600323) Solid Earnings May Rest On Weak FoundationsThe stock price didn't jump after Grandblue Environment Co., Ltd. ( SHSE:600323 ) posted decent earnings last week. We...
Reported Earnings • Oct 28Third quarter 2024 earnings released: EPS: CN¥0.61 (vs CN¥0.58 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.61 (up from CN¥0.58 in 3Q 2023). Revenue: CN¥2.91b (down 4.2% from 3Q 2023). Net income: CN¥498.1m (up 4.6% from 3Q 2023). Profit margin: 17% (up from 16% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Water Utilities industry in China. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
分析記事 • Oct 20Investors Aren't Buying Grandblue Environment Co., Ltd.'s (SHSE:600323) EarningsGrandblue Environment Co., Ltd.'s ( SHSE:600323 ) price-to-earnings (or "P/E") ratio of 11.4x might make it look like a...
お知らせ • Sep 30Grandblue Environment Co., Ltd. to Report Q3, 2024 Results on Oct 28, 2024Grandblue Environment Co., Ltd. announced that they will report Q3, 2024 results on Oct 28, 2024
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥21.85, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Water Utilities industry in China. Total loss to shareholders of 14% over the past three years.
Price Target Changed • Aug 27Price target increased by 9.8% to CN¥25.62Up from CN¥23.33, the current price target is an average from 3 analysts. New target price is 23% above last closing price of CN¥20.81. Stock is up 11% over the past year. The company is forecast to post earnings per share of CN¥2.09 for next year compared to CN¥1.75 last year.
Reported Earnings • Aug 26Second quarter 2024 earnings released: EPS: CN¥0.62 (vs CN¥0.47 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.62 (up from CN¥0.47 in 2Q 2023). Revenue: CN¥3.11b (flat on 2Q 2023). Net income: CN¥506.2m (up 33% from 2Q 2023). Profit margin: 16% (up from 12% in 2Q 2023). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Water Utilities industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
分析記事 • Aug 14Return Trends At Grandblue Environment (SHSE:600323) Aren't AppealingIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
分析記事 • Jul 23Grandblue Environment's (SHSE:600323) Shareholders Will Receive A Bigger Dividend Than Last YearGrandblue Environment Co., Ltd. ( SHSE:600323 ) has announced that it will be increasing its dividend from last year's...
Declared Dividend • Jul 21Dividend increased to CN¥0.48Dividend of CN¥0.48 is 118% higher than last year. Ex-date: 24th July 2024 Payment date: 24th July 2024 Dividend yield will be 2.1%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (26% earnings payout ratio) and cash flows (38% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 32% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
分析記事 • Jul 17Is Grandblue Environment (SHSE:600323) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Price Target Changed • Jul 08Price target increased by 8.7% to CN¥24.75Up from CN¥22.77, the current price target is an average from 3 analysts. New target price is 9.8% above last closing price of CN¥22.54. Stock is up 18% over the past year. The company is forecast to post earnings per share of CN¥2.00 for next year compared to CN¥1.75 last year.
お知らせ • Jun 28Grandblue Environment Co., Ltd. to Report First Half, 2024 Results on Aug 26, 2024Grandblue Environment Co., Ltd. announced that they will report first half, 2024 results on Aug 26, 2024
お知らせ • Jun 08Grandblue Environment Co., Ltd., Annual General Meeting, Jun 28, 2024Grandblue Environment Co., Ltd., Annual General Meeting, Jun 28, 2024, at 14:30 China Standard Time. Location: 10F, No. 23, Ronghe Road, Guicheng Subdistrict, Nanhai District, Foshan, Guangdong China
分析記事 • May 23Little Excitement Around Grandblue Environment Co., Ltd.'s (SHSE:600323) EarningsGrandblue Environment Co., Ltd.'s ( SHSE:600323 ) price-to-earnings (or "P/E") ratio of 10.2x might make it look like a...
Reported Earnings • May 01First quarter 2024 earnings released: EPS: CN¥0.47 (vs CN¥0.38 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.47 (up from CN¥0.38 in 1Q 2023). Revenue: CN¥2.72b (down 3.1% from 1Q 2023). Net income: CN¥381.0m (up 23% from 1Q 2023). Profit margin: 14% (up from 11% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Water Utilities industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
分析記事 • Apr 18Investors Met With Slowing Returns on Capital At Grandblue Environment (SHSE:600323)If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Reported Earnings • Apr 03Full year 2023 earnings released: EPS: CN¥1.75 (vs CN¥1.41 in FY 2022)Full year 2023 results: EPS: CN¥1.75 (up from CN¥1.41 in FY 2022). Revenue: CN¥12.5b (down 2.6% from FY 2022). Net income: CN¥1.43b (up 25% from FY 2022). Profit margin: 11% (up from 8.9% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.9% p.a. on average during the next 2 years, compared to a 9.1% growth forecast for the Water Utilities 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 fallen by 14% per year, which means it is significantly lagging earnings.
お知らせ • Mar 29Grandblue Environment Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Grandblue Environment Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024
お知らせ • Dec 29Grandblue Environment Co., Ltd. to Report Fiscal Year 2023 Results on Apr 12, 2024Grandblue Environment Co., Ltd. announced that they will report fiscal year 2023 results on Apr 12, 2024
Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: CN¥0.58 (vs CN¥0.39 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.58 (up from CN¥0.39 in 3Q 2022). Revenue: CN¥3.03b (down 13% from 3Q 2022). Net income: CN¥476.0m (up 50% from 3Q 2022). Profit margin: 16% (up from 9.2% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Water Utilities industry in Asia. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
お知らせ • Sep 30Grandblue Environment Co., Ltd. to Report Q3, 2023 Results on Oct 27, 2023Grandblue Environment Co., Ltd. announced that they will report Q3, 2023 results on Oct 27, 2023
Reported Earnings • Aug 19Second quarter 2023 earnings released: EPS: CN¥0.47 (vs CN¥0.46 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.47. Revenue: CN¥3.13b (down 8.3% from 2Q 2022). Net income: CN¥379.7m (down 2.8% from 2Q 2022). Profit margin: 12% (in line with 2Q 2022). Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Water Utilities industry in Asia.
お知らせ • Jun 28Grandblue Environment Co., Ltd. to Report First Half, 2023 Results on Aug 18, 2023Grandblue Environment Co., Ltd. announced that they will report first half, 2023 results on Aug 18, 2023
Reported Earnings • Apr 08Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: CN¥1.41 (down from CN¥1.45 in FY 2021). Revenue: CN¥12.9b (up 9.3% from FY 2021). Net income: CN¥1.15b (down 1.5% from FY 2021). Profit margin: 8.9% (down from 9.9% in FY 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 6.1%. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Water Utilities industry in Asia. 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 1% per year, which means it is significantly lagging earnings.
Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Jun Zhang 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.
Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: CN¥0.39 (vs CN¥0.35 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.39 (up from CN¥0.35 in 3Q 2021). Revenue: CN¥3.47b (up 35% from 3Q 2021). Net income: CN¥318.1m (up 5.5% from 3Q 2021). Profit margin: 9.2% (down from 12% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Water Utilities industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 20Second quarter 2022 earnings released: EPS: CN¥0.46 (vs CN¥0.47 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.46. Revenue: CN¥3.41b (up 37% from 2Q 2021). Net income: CN¥390.5m (up 1.5% from 2Q 2021). Profit margin: 12% (down from 16% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 4.3% compared to a 13% growth forecast for the Water Utilities industry in China.
Reported Earnings • Apr 30First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: CN¥0.20 (down from CN¥0.32 in 1Q 2021). Revenue: CN¥2.73b (up 32% from 1Q 2021). Net income: CN¥159.1m (down 34% from 1Q 2021). Profit margin: 5.8% (down from 12% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 26%. Earnings per share (EPS) missed analyst estimates by 11%. Over the next year, revenue is forecast to stay flat compared to a 15% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Apr 27Price target decreased to CN¥24.19Down from CN¥27.76, the current price target is an average from 7 analysts. New target price is 36% above last closing price of CN¥17.85. Stock is down 28% over the past year. The company is forecast to post earnings per share of CN¥1.77 for next year compared to CN¥1.45 last year.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 11 experienced directors. No highly experienced directors. 4 independent directors (8 non-independent directors). Chairman of the Board Guocan Chen was the last 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. Insufficient board refreshment.
Major Estimate Revision • Apr 06Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from CN¥10.7b to CN¥12.6b. EPS estimate fell from CN¥1.97 to CN¥1.79. Net income forecast to grow 26% next year vs 15% growth forecast for Water Utilities industry in China. Consensus price target down from CN¥27.76 to CN¥23.76. Share price rose 5.4% to CN¥19.38 over the past week.
Reported Earnings • Apr 01Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: CN¥1.45 (up from CN¥1.38 in FY 2020). Revenue: CN¥11.8b (up 57% from FY 2020). Net income: CN¥1.16b (up 10.0% from FY 2020). Profit margin: 9.9% (down from 14% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 26%. Earnings per share (EPS) missed analyst estimates by 11%. Over the next year, revenue is expected to shrink by 4.4% compared to a 8.6% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Jan 04Price target decreased to CN¥27.67Down from CN¥30.29, the current price target is an average from 8 analysts. New target price is 30% above last closing price of CN¥21.30. Stock is down 13% over the past year. The company is forecast to post earnings per share of CN¥1.64 for next year compared to CN¥1.38 last year.
Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS CN¥0.35 (vs CN¥0.40 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¥2.57b (up 28% from 3Q 2020). Net income: CN¥301.6m (down 2.0% from 3Q 2020). Profit margin: 12% (down from 15% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Oct 12Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥22.51, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Water Utilities industry in China. Total returns to shareholders of 102% over the past three years.
Valuation Update With 7 Day Price Move • Sep 24Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥27.20, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 13x in the Water Utilities industry in China. Total returns to shareholders of 103% over the past three years.
Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS CN¥0.47 (vs CN¥0.42 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥2.49b (up 44% from 2Q 2020). Net income: CN¥384.8m (up 18% from 2Q 2020). Profit margin: 16% (down from 19% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Apr 28First quarter 2021 earnings released: EPS CN¥0.32 (vs CN¥0.18 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥2.07b (up 46% from 1Q 2020). Net income: CN¥242.2m (up 78% from 1Q 2020). Profit margin: 12% (up from 9.6% in 1Q 2020). The increase in margin was driven by higher revenue. 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 17% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Apr 01Full year 2020 earnings released: EPS CN¥1.38 (vs CN¥1.19 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥7.48b (up 22% from FY 2019). Net income: CN¥1.06b (up 16% from FY 2019). Profit margin: 14% (in line with FY 2019). 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 25% per year, which means it is tracking significantly ahead of earnings growth.
Is New 90 Day High Low • Mar 01New 90-day high: CN¥26.50The company is up 8.0% from its price of CN¥24.61 on 01 December 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Water Utilities 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¥179 per share.
Is New 90 Day High Low • Jan 26New 90-day low: CN¥21.88The company is down 15% from its price of CN¥25.61 on 28 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Water Utilities industry, which is down 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥179 per share.
Is New 90 Day High Low • Dec 22New 90-day low: CN¥22.46The company is down 21% from its price of CN¥28.39 on 23 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Water Utilities industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥179 per share.
Is New 90 Day High Low • Dec 01New 90-day low: CN¥24.15The company is down 20% from its price of CN¥30.06 on 02 September 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Water Utilities industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥148 per share.
Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥945.0m, up 9.1% from the prior year. Total revenue was CN¥7.04b over the last 12 months, up 27% from the prior year.
Is New 90 Day High Low • Oct 23New 90-day low: CN¥25.05The company is down 1.0% from its price of CN¥25.18 on 24 July 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Water Utilities industry, which is also down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥118 per share.
お知らせ • Oct 20Grandblue Environment Co., Ltd. to Report Q3, 2020 Results on Oct 27, 2020Grandblue Environment Co., Ltd. announced that they will report Q3, 2020 results on Oct 27, 2020
お知らせ • Jul 06Grandblue Environment Co., Ltd. to Report First Half, 2020 Results on Aug 14, 2020Grandblue Environment Co., Ltd. announced that they will report first half, 2020 results on Aug 14, 2020
