Beijing Enterprises Holdings（BJEB）株式概要北京企業控股有限公司は投資持株会社で、中国本土、ドイツ、および国際的にガス、水、環境、醸造などの事業を展開している。 詳細BJEB ファンダメンタル分析スノーフレーク・スコア評価3/6将来の成長1/6過去の実績1/6財務の健全性0/6配当金4/6報酬株価収益率（ 6.8 x） German市場（ 17 x）を下回っています。収益は年間2.58%増加すると予測されています 同業他社や業界と比較して、良好な取引価格 リスク分析利払いは収益で十分にカバーされない 5.15%の配当はフリーキャッシュフローで十分にカバーされていない すべてのリスクチェックを見るBJEB 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 Value€Current Price€3.4224.8% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture099b2016201920222025202620282031Revenue CN¥99.0bEarnings CN¥5.7bAdvancedSet Fair ValueView all narrativesBeijing Enterprises Holdings Limited 競合他社MVV EnergieSymbol: XTRA:MVV1Market cap: €2.0bMainovaSymbol: DB:MNV6Market cap: €2.7bLechwerkeSymbol: DB:LECMarket cap: €2.4bEnagásSymbol: BME:ENGMarket cap: €4.5b価格と性能株価の高値、安値、推移の概要Beijing Enterprises Holdings過去の株価現在の株価HK$3.4252週高値HK$3.9852週安値HK$3.30ベータ0.561ヶ月の変化-1.16%3ヶ月変化-10.94%1年変化-7.57%3年間の変化-7.57%5年間の変化21.28%IPOからの変化154.17%最新ニュースBoard Change • May 20Less 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, none were independent directors. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Non-Executive Director Maggie Chan was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.お知らせ • Mar 26Beijing Enterprises Holdings Limited, Annual General Meeting, May 28, 2026Beijing Enterprises Holdings Limited, Annual General Meeting, May 28, 2026.お知らせ • Mar 12Beijing Enterprises Holdings Limited to Report Fiscal Year 2025 Results on Mar 26, 2026Beijing Enterprises Holdings Limited announced that they will report fiscal year 2025 results on Mar 26, 2026お知らせ • Aug 15Beijing Enterprises Holdings Limited to Report First Half, 2025 Results on Aug 28, 2025Beijing Enterprises Holdings Limited announced that they will report first half, 2025 results on Aug 28, 2025お知らせ • Jun 05Beijing Enterprises Holdings Limited Approves Final Dividend or the Year Ended 31 December 2024, Payable on August 8, 2025Beijing Enterprises Holdings Limited at its AGM held on June 5, 2025 approved the final dividend for the year ended 31 December 2024 will be paid in cash on 8 August 2025 to each Shareholder whose name appears on the register of members of the Company as at 17 June 2025. Shareholders can also make an election to receive all of the 2024 Final Dividend in Renminbi ("RMB") (the Company only arranges for Shareholders to receive all of the 2024 Final Dividend in RMB, save in case of HKSCC Nominees Limited, which may elect to receive part of its entitlement in RMB). If an election is made, the 2024 Final Dividend will be converted into RMB at the exchange rate of HKD 1.0:RMB 0.916522, being the average benchmark exchange rate of HKD to RMB announced by the People's Bank of China for the five business days prior to and including the date of the AGM, and such dividend will be paid at RMB 0.7057219 per share.お知らせ • Mar 27+ 1 more updateBeijing Enterprises Holdings Limited, Annual General Meeting, Jun 05, 2025Beijing Enterprises Holdings Limited, Annual General Meeting, Jun 05, 2025.最新情報をもっと見るRecent updatesBoard Change • May 20Less 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, none were independent directors. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Non-Executive Director Maggie Chan was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.お知らせ • Mar 26Beijing Enterprises Holdings Limited, Annual General Meeting, May 28, 2026Beijing Enterprises Holdings Limited, Annual General Meeting, May 28, 2026.お知らせ • Mar 12Beijing Enterprises Holdings Limited to Report Fiscal Year 2025 Results on Mar 26, 2026Beijing Enterprises Holdings Limited announced that they will report fiscal year 2025 results on Mar 26, 2026お知らせ • Aug 15Beijing Enterprises Holdings Limited to Report First Half, 2025 Results on Aug 28, 2025Beijing Enterprises Holdings Limited announced that they will report first half, 2025 results on Aug 28, 2025お知らせ • Jun 05Beijing Enterprises Holdings Limited Approves Final Dividend or the Year Ended 31 December 2024, Payable on August 8, 2025Beijing Enterprises Holdings Limited at its AGM held on June 5, 2025 approved the final dividend for the year ended 31 December 2024 will be paid in cash on 8 August 2025 to each Shareholder whose name appears on the register of members of the Company as at 17 June 2025. Shareholders can also make an election to receive all of the 2024 Final Dividend in Renminbi ("RMB") (the Company only arranges for Shareholders to receive all of the 2024 Final Dividend in RMB, save in case of HKSCC Nominees Limited, which may elect to receive part of its entitlement in RMB). If an election is made, the 2024 Final Dividend will be converted into RMB at the exchange rate of HKD 1.0:RMB 0.916522, being the average benchmark exchange rate of HKD to RMB announced by the People's Bank of China for the five business days prior to and including the date of the AGM, and such dividend will be paid at RMB 0.7057219 per share.お知らせ • Mar 27+ 1 more updateBeijing Enterprises Holdings Limited, Annual General Meeting, Jun 05, 2025Beijing Enterprises Holdings Limited, Annual General Meeting, Jun 05, 2025.お知らせ • Mar 13Beijing Enterprises Holdings Limited to Report Fiscal Year 2024 Results on Mar 27, 2025Beijing Enterprises Holdings Limited announced that they will report fiscal year 2024 results on Mar 27, 2025お知らせ • Dec 31Beijing Enterprises Holdings Limited Announces Change of Executive Directors, Company SecretaryThe board of directors of Beijing Enterprises Holdings Limited announced that as Mr. JIANG Xinhao has reached his retirement age, he has tendered his resignation as an Executive Director and the Vice Chairman of the Board of the Company and ceased to be a Member of the Investment The Board also announces that as Mr. TAM Chun Fai has reached his retirement age, he has tendered his resignation as an Executive Director and the Company Secretary of the Company. The Board further announces that Mr. TUNG Woon Cheung Eric ("Mr. Tung") has been appointed as an Executive Director and the Company Secretary of the Company and the Authorised Representative with effect from 1 January 2025. Mr. TUNG Woon Cheung Eric, aged 54, serves as an Executive Director, the Chief Financial Officer and Company Secretary of Beijing Enterprises Water Group Limited. Mr. Tung graduated from York University, Toronto, Canada with a bachelor's honours degree in administrative studies. He is a Hong Kong Certified Public Accountant and a U.S. licensed practice Certified Public Accountant. He is currently an Independent Non-executive Director of South China Financial Holdings Limited (stock code: 619), GR Life Style Company Limited (formerly known as GR Properties Limited) (stock code: 108) and Jinke Smart Services Group Co. Ltd. (stock code: 9666). Mr. Tung joined the Company in June 2000.Declared Dividend • Sep 01First half dividend of HK$0.85 announcedShareholders will receive a dividend of HK$0.85. Ex-date: 11th September 2024 Payment date: 1st November 2024 Dividend yield will be 32%, which is higher than the industry average of 4.4%. Sustainability & Growth Dividend is covered by earnings (38% 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 8.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 57% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Aug 30First half 2024 earnings released: EPS: CN¥2.50 (vs CN¥3.32 in 1H 2023)First half 2024 results: EPS: CN¥2.50 (down from CN¥3.32 in 1H 2023). Revenue: CN¥42.3b (down 2.8% from 1H 2023). Net income: CN¥3.15b (down 25% from 1H 2023). Profit margin: 7.4% (down from 9.6% in 1H 2023). Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.お知らせ • Aug 29Beijing Enterprises Holdings Limited Announces Interim Dividend for the Six Months Ended 30 June 2024, Payable on 01 November 2024Beijing Enterprises Holdings Limited announced interim dividend of HKD 0.85 per share for the six months ended 30 June 2024. Ex-dividend date is 11 September 2024. Record date is 16 September 2024. Payment date is 01 November 2024.お知らせ • Aug 15Beijing Enterprises Holdings Limited to Report First Half, 2024 Results on Aug 29, 2024Beijing Enterprises Holdings Limited announced that they will report first half, 2024 results on Aug 29, 2024お知らせ • Jun 08Beijing Enterprises Holdings Limited Approves Final Cash Dividend for the Year Ended December 31, 2023, Payable on 9 August 2024Beijing Enterprises Holdings Limited approved the final dividend of HKD 0.67 per share for the year ended 31 December 2023 (the "2023 Final Dividend") will be paid in cash in Hong Kong dollars on 9 August 2024 to each shareholder whose name appears on the register of members of the Company as at 17 June 2024, unless an election is made by such shareholder to receive all (but not part) of the 2023 Final Dividend in Renminbi ("RMB"). If an election is made, the 2023 Final Dividend will be converted into RMB at the exchange rate of HKD 1.0: RMB 0.90963, being the average benchmark exchange rate of HKD to RMB announced by the People's Bank of China for the five business days prior to and including the date of the AGM, and such dividend will be paid at RMB 0.6094521 per share. To make such election, shareholders should complete the dividend currency election form, which is expected to be despatched to shareholders on or about 25 June 2024, and return it to the share registrar of the Company, Tricor Tengis Limited, at 17/F, Far East Finance Centre, 16 Harcourt Road, Hong Kong, not later than 4:30 p.m. on 10 July 2024. If no election is made by a shareholder or no duly completed dividend currency election form in respect of that shareholder is received by the Company's share registrar by the deadline mentioned above, such shareholder will automatically receive the 2023 Final Dividend in HK$.Upcoming Dividend • Jun 04Upcoming dividend of HK$0.67 per shareEligible shareholders must have bought the stock before 11 June 2024. Payment date: 09 August 2024. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 5.6%. Within top quartile of German dividend payers (4.6%). Lower than average of industry peers (6.5%).Reported Earnings • May 02Full year 2023 earnings released: EPS: CN¥4.36 (vs CN¥5.16 in FY 2022)Full year 2023 results: EPS: CN¥4.36 (down from CN¥5.16 in FY 2022). Revenue: CN¥82.3b (up 3.7% from FY 2022). Net income: CN¥5.50b (down 16% from FY 2022). Profit margin: 6.7% (down from 8.2% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 2% per year.Valuation Update With 7 Day Price Move • Apr 03Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to €2.72, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 12x in the Gas Utilities industry in Europe. Total returns to shareholders of 13% over the past three years.New Risk • Mar 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.5x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.3% average weekly change).お知らせ • Mar 28+ 1 more updateBeijing Enterprises Holdings Limited, Annual General Meeting, Jun 06, 2024Beijing Enterprises Holdings Limited, Annual General Meeting, Jun 06, 2024.お知らせ • Mar 14Beijing Enterprises Holdings Limited to Report Fiscal Year 2023 Results on Mar 27, 2024Beijing Enterprises Holdings Limited announced that they will report fiscal year 2023 results on Mar 27, 2024Board Change • Nov 02Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Maggie Chan was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Oct 27Beijing Enterprises Holdings Limited Announces Executive Changes with Effect from October 26, 2023Beijing Enterprises Holdings Limited announced that due to the change in work arrangements, Mr. DAI Xiaofeng has tendered his resignation as Executive Director and Chairman of the Board of the Company and ceased to be Member of the Remuneration Committee, Chairman of the Nomination Committee, Chairman of the Investment Committee of the Company and an authorised representative of the Company with effect from 26 October 2023. The Board further announces that Mr. YANG Zhichang has been appointed as Executive Director and Chairman of the Board, Member of the Remuneration Committee, Chairman of the Nomination Committee and Chairman of the Investment Committee of the Company and the Authorised Representative with effect from 26 October 2023. Mr. YANG Zhichang, aged 53, also serves as Vice General Manager of Beijing Enterprises Group Company Limited. Mr. Yang graduated from the department of management engineering of Beijing University of Posts and Telecommunications with posts and telecommunications management engineering qualification in 1991 and obtains a doctorate degree in management from the department of industrial economics from Chinese Social Science Post-graduate Faculty with enterprise management qualification in 2009. He worked at Beijing University of Posts and Telecommunications from 1991 to 2001. He was a deputy general manager of the sales department of Beijing Oriental Plaza of China Southern Securities Co. from 2001 to 2002. He was a director and vice president of Beijing Zhengtong Network Communication Co. Ltd. from 2002 to 2006. He was a manager of the investment development department of Beijing Holdings Limited from 2006 to 2010. From 2010 to 2019, he was a manager of the strategic development department, a manager and an assistant to general manager of the reform and development department of BE Group. From 2019 to 2022, he was an assistant to general manager of BE Group and a director and a general manager of BHL. He has been a Vice General Manager of BE Group since 2022.Upcoming Dividend • Sep 15Upcoming dividend of HK$0.93 per share at 7.3% yieldEligible shareholders must have bought the stock before 22 September 2023. Payment date: 27 October 2023. Payout ratio is a comfortable 36% but the company is not cash flow positive. Trailing yield: 7.3%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (5.0%).お知らせ • Aug 31Beijing Enterprises Holdings Limited Approves Interim Dividend for the Six Months Ended 30 June 2023, Payable on 27 October 2023Beijing Enterprises Holdings Limited approved interim dividend of HKD 0.93 per share for the six months ended 30 June 2023. Ex-dividend date is 22 September 2023. Record date is 28 September 2023. Payment date is 27 October 2023.Reported Earnings • Aug 31First half 2023 earnings released: EPS: HK$3.69 (vs HK$3.99 in 1H 2022)First half 2023 results: EPS: HK$3.69 (down from HK$3.99 in 1H 2022). Revenue: HK$48.4b (up 5.2% from 1H 2022). Net income: HK$4.65b (down 7.6% from 1H 2022). Profit margin: 9.6% (down from 11% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 1.1% decline forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 7% per year and the company’s share price has also increased by 7% per year.お知らせ • Aug 18Beijing Enterprises Holdings Limited to Report First Half, 2023 Results on Aug 30, 2023Beijing Enterprises Holdings Limited announced that they will report first half, 2023 results on Aug 30, 2023Board Change • Jul 18Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Maggie Chan was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Jul 08Beijing Enterprises Holdings Limited Announces Appointment of GENG Chao as Executive DirectorThe board of directors of Beijing Enterprises Holdings Limited announced that Mr. GENG Chao has been appointed as Executive Director of the Company with effect from 8 July 2023. Mr. GENG Chao, aged 48, also serves as the chairman of and the chairman of Beijing Yanjing Brewery Co. Ltd. Mr. Geng graduated from the Liberation Army Engineer Corps Engineering Institute with construction engineering qualification in 1998 and obtain a master's degree in law from Peking University in 2009. He worked at the Policy and Regulation Division and Comprehensively Deepening the Reform of Municipal State- owned Enterprises Work Office of the State-owned Assets Supervision and Administration Commission of People's Government of Beijing Municipality from 2004 to 2018. He served as Director of the State-owned Assets Supervision and Administration Commission of People's Government of Shunyi District, Beijing Municipality from 2018 to 2020.Upcoming Dividend • Jun 23Upcoming dividend of HK$1.10 per share at 5.4% yieldEligible shareholders must have bought the stock before 30 June 2023. Payment date: 24 July 2023. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 5.4%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (4.7%).Reported Earnings • Apr 02Full year 2022 earnings released: EPS: HK$6.00 (vs HK$7.86 in FY 2021)Full year 2022 results: EPS: HK$6.00 (down from HK$7.86 in FY 2021). Revenue: HK$92.3b (up 15% from FY 2021). Net income: HK$7.57b (down 24% from FY 2021). Profit margin: 8.2% (down from 12% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 2 years, compared to a 1.4% decline forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 3% per year.Upcoming Dividend • Sep 15Upcoming dividend of HK$0.50 per shareEligible shareholders must have bought the stock before 22 September 2022. Payment date: 27 October 2022. Payout ratio is a comfortable 20% but the company is not cash flow positive. Trailing yield: 5.4%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (4.8%).Reported Earnings • Sep 01First half 2022 earnings released: EPS: HK$3.99 (vs HK$5.00 in 1H 2021)First half 2022 results: EPS: HK$3.99 (down from HK$5.00 in 1H 2021). Revenue: HK$46.0b (up 14% from 1H 2021). Net income: HK$5.03b (down 20% from 1H 2021). Profit margin: 11% (down from 16% in 1H 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to stay flat compared to a 15% decline forecast for the Gas Utilities industry in Germany. 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 12% per year, which means it is significantly lagging earnings.お知らせ • Sep 01+ 1 more updateBeijing Enterprises Holdings Limited Appoints Chan Man Ki Maggie as Independent Non-Executive DirectorThe board of directors of Beijing Enterprises Holdings Limited announces that Ms. CHAN Man Ki Maggie ("Ms. Chan") has been appointed as Independent Non-Executive Director of the Company, Member of the Nomination Committee and Member of the Investment Committee with effect from 1September 2022.Ms. CHAN Man Ki Maggie, M.H., J.P., aged 53, obtained her Bachelor degree in Laws and Postgraduate Certificate in Laws from the University of Hong Kong in 1991 and 1992respectively. She is the founder and managing partner of CMK lawyers, a law firm in Hong Kong, and has over 27 years of experience in providing legal advices and services as a solicitor in Hong Kong. Ms. Chan is an Accredited Mediator and a China-Appointed Attesting Officer in Hong Kong. She is also the founding president of The Small and Medium Law Firms Association of Hong Kong. Furthermore, Ms. Chan is a Specially Invited Mediator of Guangdong Court for Cross-border Commercial Dispute Resolution in the Guangdong-Hong Kong-Macao Greater Bay Area, a Mediator of Shenzhen Qianhai International Commercial Mediation Centre, and an Arbitrator of China Guangzhou Arbitration Commission, Shenzhen Court of International Arbitration, Qingdao Arbitration Commission and South China International Arbitration Centre (Hong Kong). She is also an independent non-executive director of Wine's Link International Holdings Limited and China State Construction Development Holdings Limited. Ms. Chan has also undertaken various community positions in Hong Kong including being an Ex-officio Member of Election Committee and Chairman of Appeal Tribunal Panel(Building Ordinance). She was awarded the Medal of Honor in 2012 and Justice of the Peace in 2015 by the Government of the Hong Kong Special Administrative Region. Ms. Chan was also conferred with Honorary Fellow by City University of Hong Kong in 2013.She was elected as a Hong Kong Deputy to the National People's Congress of the PRC(the 13th session) in 2017, an executive member of the All-China Women's Federation Executive Committee in 2018, a president of All-China Women's Federation Hong Kong Delegates Association Ltd. in 2021 and a Legislative Council Member of the Hong Kong Special Administrative Region in 2022.お知らせ • Aug 24Beijing Enterprises Holdings Limited to Report First Half, 2022 Results on Aug 31, 2022Beijing Enterprises Holdings Limited announced that they will report first half, 2022 results on Aug 31, 2022お知らせ • Jul 12Beijing Enterprises Holdings Limited Announces Executive ChangesThe board of directors (the "Board") of Beijing Enterprises Holdings Limited announced that Due to retirement, Mr. LI Yongcheng has tendered his resignation as Executive Director, Chairman of the Board, Member of the Remuneration Committee, Chairman of the Nomination Committee and Chairman of the Investment Committee; Mr. DAI Xiaofeng, being Executive Director of the Company, has been re- designated as Executive Director and Chairman of the Board, Member of the Remuneration Committee, Chairman of the Nomination Committee and Chairman of the Investment Committee. The abovementioned Board changes will take effect on 11 July 2022.Upcoming Dividend • Jul 01Upcoming dividend of HK$0.85 per shareEligible shareholders must have bought the stock before 08 July 2022. Payment date: 26 July 2022. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 4.5%. Within top quartile of German dividend payers (4.5%). Lower than average of industry peers (5.2%).お知らせ • Apr 28Beijing Enterprises Holdings Limited Announces Resignation of Zhao Xiaodong as Executive Director and Vice Chairman of the BoardThe board of directors of Beijing Enterprises Holdings Limited announced that due to adjustment of personal work positions, Mr. ZHAO Xiaodong has tendered his resignation as Executive Director and Vice Chairman of the Board of the Company with effect from 26 April 2022.Board Change • Apr 27Less 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. 6 non-independent directors. Independent Non-Executive Director Sun Say Yu was the last independent director to join the board, commencing their role in 2014. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Apr 01Beijing Enterprises Holdings Limited, Annual General Meeting, Jun 17, 2022Beijing Enterprises Holdings Limited, Annual General Meeting, Jun 17, 2022. Agenda: To consider the payment of a final dividend of HKD 85 cents per share for the year ended 31 December 2021.Reported Earnings • Apr 01Full year 2021 earnings released: EPS: HK$7.86 (vs HK$4.19 in FY 2020)Full year 2021 results: EPS: HK$7.86 (up from HK$4.19 in FY 2020). Revenue: HK$80.4b (up 18% from FY 2020). Net income: HK$9.92b (up 88% from FY 2020). Profit margin: 12% (up from 7.7% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 1.7% compared to a 4.6% decline forecast for the industry in Germany. 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 18% per year, which means it is significantly lagging earnings.お知らせ • Apr 01Beijing Enterprises Holdings Limited Declares Final Dividend for the Financial Year Ended 31 December 2021, Payable on 26 July 2022Beijing Enterprises Holdings Limited declared final dividend of HKD 0.85 per share for the financial year ended 31 December 2021. Ex-dividend date is 8 July 2022. Record date is 15 July 2022. Payment date is 26 July 2022.Valuation Update With 7 Day Price Move • Mar 16Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €2.48, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 13x in the Gas Utilities industry in Europe. Total loss to shareholders of 44% over the past three years.Valuation Update With 7 Day Price Move • Sep 11Investor sentiment improved over the past weekAfter last week's 18% share price gain to €3.28, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 13x in the Gas Utilities industry in Europe. Total loss to shareholders of 13% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €4.71 per share.Reported Earnings • Sep 03First half 2021 earnings released: EPS HK$5.00 (vs HK$2.83 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: HK$40.4b (up 26% from 1H 2020). Net income: HK$6.32b (up 77% from 1H 2020). Profit margin: 16% (up from 11% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 10% per year.Upcoming Dividend • Jul 01Upcoming dividend of HK$0.74 per shareEligible shareholders must have bought the stock before 08 July 2021. Payment date: 26 July 2021. Trailing yield: 4.1%. Within top quartile of German dividend payers (3.2%). Lower than average of industry peers (6.0%).Executive Departure • Jun 08Independent Non-Executive Director Chi Ching Sze has left the companyOn the 1st of June, Chi Ching Sze's tenure as Independent Non-Executive Director ended after 8.2 years in the role. We don't have any record of a personal shareholding under Chi Ching's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 5.33 years.Reported Earnings • Apr 17Full year 2020 earnings released: EPS HK$4.19 (vs HK$6.38 in FY 2019)The company reported a poor full year result with weaker earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: HK$68.4b (flat on FY 2019). Net income: HK$5.29b (down 34% from FY 2019). Profit margin: 7.7% (down from 12% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings.Reported Earnings • Apr 02Full year 2020 earnings released: EPS HK$4.19 (vs HK$6.38 in FY 2019)The company reported a poor full year result with weaker earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: HK$68.4b (flat on FY 2019). Net income: HK$5.29b (down 34% from FY 2019). Profit margin: 7.7% (down from 12% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings.お知らせ • Mar 20Beijing Enterprises Holdings Limited to Report Fiscal Year 2020 Results on Mar 31, 2021Beijing Enterprises Holdings Limited announced that they will report fiscal year 2020 results on Mar 31, 2021お知らせ • Feb 03+ 1 more updateBeijing Enterprises Holdings Limited Announces Board ChangesThe board of directors of Beijing Enterprises Holdings Limited announced that: Hou has also ceased to act as Chairman of the Nomination Committee, Chairman of the Remuneration Committee and Chairman of the Investment Committee; Mr. LI Yongcheng Executive Director and Vice Chairman of the Board of the Company, has been re-designated as Executive Director and Chairman of the Board of the Company. Also, as Chairman of the Board, Mr. Li has been appointed as Chairman of the Nomination Committee, Chairman of the Remuneration Committee and Chairman of the Investment Committee;) Mr. JIANG Xinhao Executive Director and Vice President of the Company, has been re-designated as Executive Director and Vice Chairman of the Board. Mr. Jiang's role as Member of the Investment Committee remains unchanged; Mr. DAI Xiaofeng ("Mr. Dai"), Vice President of the Company, has been re-designated as Executive Director of the Company. The aforementioned changes take effect on 2 February 2021.Executive Departure • Feb 03Chairman & CEO Zibo Hou has left the companyOn the 2nd of February, Zibo Hou's tenure as Chairman & CEO of the company ended after 3.4 years in the role. We don't have any record of a personal shareholding under Zibo's name. Zibo is the only executive to leave the company over the last 12 months. Under Zibo's leadership, the company delivered a total shareholder return of -33%.Is New 90 Day High Low • Jan 20New 90-day high: €2.98The company is up 16% from its price of €2.58 on 22 October 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Gas Utilities industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.16 per share.Reported Earnings • Sep 30First half earnings releasedOver the last 12 months the company has reported total profits of HK$6.88b, down 15% from the prior year. Total revenue was HK$65.6b over the last 12 months, down 3.1% from the prior year.Is New 90 Day High Low • Sep 25New 90-day low: €2.58The company is down 15% from its price of €3.02 on 26 June 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Gas Utilities industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €6.05 per share.お知らせ • Aug 12Beijing Enterprises Holdings Limited to Report First Half, 2020 Results on Aug 31, 2020Beijing Enterprises Holdings Limited announced that they will report first half, 2020 results on Aug 31, 2020株主還元BJEBDE Gas UtilitiesDE 市場7D-1.2%3.7%2.8%1Y-7.6%24.0%1.4%株主還元を見る業界別リターン: BJEB過去 1 年間で24 % の収益を上げたGerman Gas Utilities業界を下回りました。リターン対市場: BJEBは、過去 1 年間で1.4 % のリターンを上げたGerman市場を下回りました。価格変動Is BJEB's price volatile compared to industry and market?BJEB volatilityBJEB Average Weekly Movement4.1%Gas Utilities Industry Average Movement3.5%Market Average Movement6.0%10% most volatile stocks in DE Market12.8%10% least volatile stocks in DE Market2.7%安定した株価: BJEB 、 German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: BJEB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199734,000Bin Xiongwww.behl.com.hk投資持株会社である北京企業控股有限公司は、中国本土、ドイツ、および海外でガス、水、環境、醸造などの事業を展開している。ガス事業部門は、パイプライン天然ガスおよびガス関連機器の販売、天然ガス送電サービスおよび修理・メンテナンスサービスの提供、地下建設プロジェクトの調査・計画、ガスパイプラインおよび関連機器の設置などを行っている。また、都市ガスプロジェクトの開発・運営、産業用エンドユーザーへのLNG供給、CNG・LNGの売買・販売、自動車用CNG・LNGスタンドの運営、石油・ガスの生産・販売も行っている。水事業部門は、下水・水処理プラントやその他のインフラ施設の建設、改修プロジェクトの建設サービスの提供、下水処理、再生水の処理・配水サービス、コンサルタントサービスの提供、下水処理に関する技術ノウハウのライセンス供与などを行っている。環境事業部門は、廃棄物焼却施設の建設・運営、廃棄物処理サービス、電力販売、廃棄物焼却熱・熱供給事業を行っている。醸造事業部門は、醸造製品の製造、流通、販売を行っている。法人その他事業は、コンサルティングや不動産投資サービスを提供している。また、ビールの製造・販売、保証付社債の発行も行っている。同社は1997年に設立され、香港の湾仔に本拠を置く。Beijing Enterprises Holdings Limited は Beijing Enterprises Group (BVI) Company Limited の子会社である。もっと見るBeijing Enterprises Holdings Limited 基礎のまとめBeijing Enterprises Holdings の収益と売上を時価総額と比較するとどうか。BJEB 基礎統計学時価総額€4.34b収益（TTM）€640.41m売上高(TTM)€11.05b6.8xPER（株価収益率0.4xP/SレシオBJEB 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BJEB 損益計算書（TTM）収益CN¥87.23b売上原価CN¥75.30b売上総利益CN¥11.93bその他の費用CN¥6.87b収益CN¥5.06b直近の収益報告Dec 31, 2025次回決算日該当なし一株当たり利益（EPS）4.02グロス・マージン13.67%純利益率5.80%有利子負債／自己資本比率76.8%BJEB 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5.2%現在の配当利回り36%配当性向BJEB 配当は確実ですか？BJEB 配当履歴とベンチマークを見るBJEB 、いつまでに購入すれば配当金を受け取れますか？Beijing Enterprises Holdings 配当日配当落ち日Jun 02 2026配当支払日Aug 07 2026配当落ちまでの日数6 days配当支払日までの日数72 daysBJEB 配当は確実ですか？BJEB 配当履歴とベンチマークを見る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2026/05/26 09:11終値2026/05/26 00:00収益2025/12/31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Beijing Enterprises Holdings Limited 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。27 アナリスト機関Ying LouBarclaysNEIL BEVERIDGEBernsteinCissy GuanBofA Global Research24 その他のアナリストを表示
Board Change • May 20Less 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, none were independent directors. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Non-Executive Director Maggie Chan was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
お知らせ • Mar 26Beijing Enterprises Holdings Limited, Annual General Meeting, May 28, 2026Beijing Enterprises Holdings Limited, Annual General Meeting, May 28, 2026.
お知らせ • Mar 12Beijing Enterprises Holdings Limited to Report Fiscal Year 2025 Results on Mar 26, 2026Beijing Enterprises Holdings Limited announced that they will report fiscal year 2025 results on Mar 26, 2026
お知らせ • Aug 15Beijing Enterprises Holdings Limited to Report First Half, 2025 Results on Aug 28, 2025Beijing Enterprises Holdings Limited announced that they will report first half, 2025 results on Aug 28, 2025
お知らせ • Jun 05Beijing Enterprises Holdings Limited Approves Final Dividend or the Year Ended 31 December 2024, Payable on August 8, 2025Beijing Enterprises Holdings Limited at its AGM held on June 5, 2025 approved the final dividend for the year ended 31 December 2024 will be paid in cash on 8 August 2025 to each Shareholder whose name appears on the register of members of the Company as at 17 June 2025. Shareholders can also make an election to receive all of the 2024 Final Dividend in Renminbi ("RMB") (the Company only arranges for Shareholders to receive all of the 2024 Final Dividend in RMB, save in case of HKSCC Nominees Limited, which may elect to receive part of its entitlement in RMB). If an election is made, the 2024 Final Dividend will be converted into RMB at the exchange rate of HKD 1.0:RMB 0.916522, being the average benchmark exchange rate of HKD to RMB announced by the People's Bank of China for the five business days prior to and including the date of the AGM, and such dividend will be paid at RMB 0.7057219 per share.
お知らせ • Mar 27+ 1 more updateBeijing Enterprises Holdings Limited, Annual General Meeting, Jun 05, 2025Beijing Enterprises Holdings Limited, Annual General Meeting, Jun 05, 2025.
Board Change • May 20Less 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, none were independent directors. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Non-Executive Director Maggie Chan was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
お知らせ • Mar 26Beijing Enterprises Holdings Limited, Annual General Meeting, May 28, 2026Beijing Enterprises Holdings Limited, Annual General Meeting, May 28, 2026.
お知らせ • Mar 12Beijing Enterprises Holdings Limited to Report Fiscal Year 2025 Results on Mar 26, 2026Beijing Enterprises Holdings Limited announced that they will report fiscal year 2025 results on Mar 26, 2026
お知らせ • Aug 15Beijing Enterprises Holdings Limited to Report First Half, 2025 Results on Aug 28, 2025Beijing Enterprises Holdings Limited announced that they will report first half, 2025 results on Aug 28, 2025
お知らせ • Jun 05Beijing Enterprises Holdings Limited Approves Final Dividend or the Year Ended 31 December 2024, Payable on August 8, 2025Beijing Enterprises Holdings Limited at its AGM held on June 5, 2025 approved the final dividend for the year ended 31 December 2024 will be paid in cash on 8 August 2025 to each Shareholder whose name appears on the register of members of the Company as at 17 June 2025. Shareholders can also make an election to receive all of the 2024 Final Dividend in Renminbi ("RMB") (the Company only arranges for Shareholders to receive all of the 2024 Final Dividend in RMB, save in case of HKSCC Nominees Limited, which may elect to receive part of its entitlement in RMB). If an election is made, the 2024 Final Dividend will be converted into RMB at the exchange rate of HKD 1.0:RMB 0.916522, being the average benchmark exchange rate of HKD to RMB announced by the People's Bank of China for the five business days prior to and including the date of the AGM, and such dividend will be paid at RMB 0.7057219 per share.
お知らせ • Mar 27+ 1 more updateBeijing Enterprises Holdings Limited, Annual General Meeting, Jun 05, 2025Beijing Enterprises Holdings Limited, Annual General Meeting, Jun 05, 2025.
お知らせ • Mar 13Beijing Enterprises Holdings Limited to Report Fiscal Year 2024 Results on Mar 27, 2025Beijing Enterprises Holdings Limited announced that they will report fiscal year 2024 results on Mar 27, 2025
お知らせ • Dec 31Beijing Enterprises Holdings Limited Announces Change of Executive Directors, Company SecretaryThe board of directors of Beijing Enterprises Holdings Limited announced that as Mr. JIANG Xinhao has reached his retirement age, he has tendered his resignation as an Executive Director and the Vice Chairman of the Board of the Company and ceased to be a Member of the Investment The Board also announces that as Mr. TAM Chun Fai has reached his retirement age, he has tendered his resignation as an Executive Director and the Company Secretary of the Company. The Board further announces that Mr. TUNG Woon Cheung Eric ("Mr. Tung") has been appointed as an Executive Director and the Company Secretary of the Company and the Authorised Representative with effect from 1 January 2025. Mr. TUNG Woon Cheung Eric, aged 54, serves as an Executive Director, the Chief Financial Officer and Company Secretary of Beijing Enterprises Water Group Limited. Mr. Tung graduated from York University, Toronto, Canada with a bachelor's honours degree in administrative studies. He is a Hong Kong Certified Public Accountant and a U.S. licensed practice Certified Public Accountant. He is currently an Independent Non-executive Director of South China Financial Holdings Limited (stock code: 619), GR Life Style Company Limited (formerly known as GR Properties Limited) (stock code: 108) and Jinke Smart Services Group Co. Ltd. (stock code: 9666). Mr. Tung joined the Company in June 2000.
Declared Dividend • Sep 01First half dividend of HK$0.85 announcedShareholders will receive a dividend of HK$0.85. Ex-date: 11th September 2024 Payment date: 1st November 2024 Dividend yield will be 32%, which is higher than the industry average of 4.4%. Sustainability & Growth Dividend is covered by earnings (38% 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 8.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 57% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Aug 30First half 2024 earnings released: EPS: CN¥2.50 (vs CN¥3.32 in 1H 2023)First half 2024 results: EPS: CN¥2.50 (down from CN¥3.32 in 1H 2023). Revenue: CN¥42.3b (down 2.8% from 1H 2023). Net income: CN¥3.15b (down 25% from 1H 2023). Profit margin: 7.4% (down from 9.6% in 1H 2023). Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
お知らせ • Aug 29Beijing Enterprises Holdings Limited Announces Interim Dividend for the Six Months Ended 30 June 2024, Payable on 01 November 2024Beijing Enterprises Holdings Limited announced interim dividend of HKD 0.85 per share for the six months ended 30 June 2024. Ex-dividend date is 11 September 2024. Record date is 16 September 2024. Payment date is 01 November 2024.
お知らせ • Aug 15Beijing Enterprises Holdings Limited to Report First Half, 2024 Results on Aug 29, 2024Beijing Enterprises Holdings Limited announced that they will report first half, 2024 results on Aug 29, 2024
お知らせ • Jun 08Beijing Enterprises Holdings Limited Approves Final Cash Dividend for the Year Ended December 31, 2023, Payable on 9 August 2024Beijing Enterprises Holdings Limited approved the final dividend of HKD 0.67 per share for the year ended 31 December 2023 (the "2023 Final Dividend") will be paid in cash in Hong Kong dollars on 9 August 2024 to each shareholder whose name appears on the register of members of the Company as at 17 June 2024, unless an election is made by such shareholder to receive all (but not part) of the 2023 Final Dividend in Renminbi ("RMB"). If an election is made, the 2023 Final Dividend will be converted into RMB at the exchange rate of HKD 1.0: RMB 0.90963, being the average benchmark exchange rate of HKD to RMB announced by the People's Bank of China for the five business days prior to and including the date of the AGM, and such dividend will be paid at RMB 0.6094521 per share. To make such election, shareholders should complete the dividend currency election form, which is expected to be despatched to shareholders on or about 25 June 2024, and return it to the share registrar of the Company, Tricor Tengis Limited, at 17/F, Far East Finance Centre, 16 Harcourt Road, Hong Kong, not later than 4:30 p.m. on 10 July 2024. If no election is made by a shareholder or no duly completed dividend currency election form in respect of that shareholder is received by the Company's share registrar by the deadline mentioned above, such shareholder will automatically receive the 2023 Final Dividend in HK$.
Upcoming Dividend • Jun 04Upcoming dividend of HK$0.67 per shareEligible shareholders must have bought the stock before 11 June 2024. Payment date: 09 August 2024. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 5.6%. Within top quartile of German dividend payers (4.6%). Lower than average of industry peers (6.5%).
Reported Earnings • May 02Full year 2023 earnings released: EPS: CN¥4.36 (vs CN¥5.16 in FY 2022)Full year 2023 results: EPS: CN¥4.36 (down from CN¥5.16 in FY 2022). Revenue: CN¥82.3b (up 3.7% from FY 2022). Net income: CN¥5.50b (down 16% from FY 2022). Profit margin: 6.7% (down from 8.2% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 2% per year.
Valuation Update With 7 Day Price Move • Apr 03Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to €2.72, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 12x in the Gas Utilities industry in Europe. Total returns to shareholders of 13% over the past three years.
New Risk • Mar 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.5x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.3% average weekly change).
お知らせ • Mar 28+ 1 more updateBeijing Enterprises Holdings Limited, Annual General Meeting, Jun 06, 2024Beijing Enterprises Holdings Limited, Annual General Meeting, Jun 06, 2024.
お知らせ • Mar 14Beijing Enterprises Holdings Limited to Report Fiscal Year 2023 Results on Mar 27, 2024Beijing Enterprises Holdings Limited announced that they will report fiscal year 2023 results on Mar 27, 2024
Board Change • Nov 02Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Maggie Chan was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Oct 27Beijing Enterprises Holdings Limited Announces Executive Changes with Effect from October 26, 2023Beijing Enterprises Holdings Limited announced that due to the change in work arrangements, Mr. DAI Xiaofeng has tendered his resignation as Executive Director and Chairman of the Board of the Company and ceased to be Member of the Remuneration Committee, Chairman of the Nomination Committee, Chairman of the Investment Committee of the Company and an authorised representative of the Company with effect from 26 October 2023. The Board further announces that Mr. YANG Zhichang has been appointed as Executive Director and Chairman of the Board, Member of the Remuneration Committee, Chairman of the Nomination Committee and Chairman of the Investment Committee of the Company and the Authorised Representative with effect from 26 October 2023. Mr. YANG Zhichang, aged 53, also serves as Vice General Manager of Beijing Enterprises Group Company Limited. Mr. Yang graduated from the department of management engineering of Beijing University of Posts and Telecommunications with posts and telecommunications management engineering qualification in 1991 and obtains a doctorate degree in management from the department of industrial economics from Chinese Social Science Post-graduate Faculty with enterprise management qualification in 2009. He worked at Beijing University of Posts and Telecommunications from 1991 to 2001. He was a deputy general manager of the sales department of Beijing Oriental Plaza of China Southern Securities Co. from 2001 to 2002. He was a director and vice president of Beijing Zhengtong Network Communication Co. Ltd. from 2002 to 2006. He was a manager of the investment development department of Beijing Holdings Limited from 2006 to 2010. From 2010 to 2019, he was a manager of the strategic development department, a manager and an assistant to general manager of the reform and development department of BE Group. From 2019 to 2022, he was an assistant to general manager of BE Group and a director and a general manager of BHL. He has been a Vice General Manager of BE Group since 2022.
Upcoming Dividend • Sep 15Upcoming dividend of HK$0.93 per share at 7.3% yieldEligible shareholders must have bought the stock before 22 September 2023. Payment date: 27 October 2023. Payout ratio is a comfortable 36% but the company is not cash flow positive. Trailing yield: 7.3%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (5.0%).
お知らせ • Aug 31Beijing Enterprises Holdings Limited Approves Interim Dividend for the Six Months Ended 30 June 2023, Payable on 27 October 2023Beijing Enterprises Holdings Limited approved interim dividend of HKD 0.93 per share for the six months ended 30 June 2023. Ex-dividend date is 22 September 2023. Record date is 28 September 2023. Payment date is 27 October 2023.
Reported Earnings • Aug 31First half 2023 earnings released: EPS: HK$3.69 (vs HK$3.99 in 1H 2022)First half 2023 results: EPS: HK$3.69 (down from HK$3.99 in 1H 2022). Revenue: HK$48.4b (up 5.2% from 1H 2022). Net income: HK$4.65b (down 7.6% from 1H 2022). Profit margin: 9.6% (down from 11% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 1.1% decline forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 7% per year and the company’s share price has also increased by 7% per year.
お知らせ • Aug 18Beijing Enterprises Holdings Limited to Report First Half, 2023 Results on Aug 30, 2023Beijing Enterprises Holdings Limited announced that they will report first half, 2023 results on Aug 30, 2023
Board Change • Jul 18Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Maggie Chan was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Jul 08Beijing Enterprises Holdings Limited Announces Appointment of GENG Chao as Executive DirectorThe board of directors of Beijing Enterprises Holdings Limited announced that Mr. GENG Chao has been appointed as Executive Director of the Company with effect from 8 July 2023. Mr. GENG Chao, aged 48, also serves as the chairman of and the chairman of Beijing Yanjing Brewery Co. Ltd. Mr. Geng graduated from the Liberation Army Engineer Corps Engineering Institute with construction engineering qualification in 1998 and obtain a master's degree in law from Peking University in 2009. He worked at the Policy and Regulation Division and Comprehensively Deepening the Reform of Municipal State- owned Enterprises Work Office of the State-owned Assets Supervision and Administration Commission of People's Government of Beijing Municipality from 2004 to 2018. He served as Director of the State-owned Assets Supervision and Administration Commission of People's Government of Shunyi District, Beijing Municipality from 2018 to 2020.
Upcoming Dividend • Jun 23Upcoming dividend of HK$1.10 per share at 5.4% yieldEligible shareholders must have bought the stock before 30 June 2023. Payment date: 24 July 2023. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 5.4%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (4.7%).
Reported Earnings • Apr 02Full year 2022 earnings released: EPS: HK$6.00 (vs HK$7.86 in FY 2021)Full year 2022 results: EPS: HK$6.00 (down from HK$7.86 in FY 2021). Revenue: HK$92.3b (up 15% from FY 2021). Net income: HK$7.57b (down 24% from FY 2021). Profit margin: 8.2% (down from 12% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 2 years, compared to a 1.4% decline forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 3% per year.
Upcoming Dividend • Sep 15Upcoming dividend of HK$0.50 per shareEligible shareholders must have bought the stock before 22 September 2022. Payment date: 27 October 2022. Payout ratio is a comfortable 20% but the company is not cash flow positive. Trailing yield: 5.4%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (4.8%).
Reported Earnings • Sep 01First half 2022 earnings released: EPS: HK$3.99 (vs HK$5.00 in 1H 2021)First half 2022 results: EPS: HK$3.99 (down from HK$5.00 in 1H 2021). Revenue: HK$46.0b (up 14% from 1H 2021). Net income: HK$5.03b (down 20% from 1H 2021). Profit margin: 11% (down from 16% in 1H 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to stay flat compared to a 15% decline forecast for the Gas Utilities industry in Germany. 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 12% per year, which means it is significantly lagging earnings.
お知らせ • Sep 01+ 1 more updateBeijing Enterprises Holdings Limited Appoints Chan Man Ki Maggie as Independent Non-Executive DirectorThe board of directors of Beijing Enterprises Holdings Limited announces that Ms. CHAN Man Ki Maggie ("Ms. Chan") has been appointed as Independent Non-Executive Director of the Company, Member of the Nomination Committee and Member of the Investment Committee with effect from 1September 2022.Ms. CHAN Man Ki Maggie, M.H., J.P., aged 53, obtained her Bachelor degree in Laws and Postgraduate Certificate in Laws from the University of Hong Kong in 1991 and 1992respectively. She is the founder and managing partner of CMK lawyers, a law firm in Hong Kong, and has over 27 years of experience in providing legal advices and services as a solicitor in Hong Kong. Ms. Chan is an Accredited Mediator and a China-Appointed Attesting Officer in Hong Kong. She is also the founding president of The Small and Medium Law Firms Association of Hong Kong. Furthermore, Ms. Chan is a Specially Invited Mediator of Guangdong Court for Cross-border Commercial Dispute Resolution in the Guangdong-Hong Kong-Macao Greater Bay Area, a Mediator of Shenzhen Qianhai International Commercial Mediation Centre, and an Arbitrator of China Guangzhou Arbitration Commission, Shenzhen Court of International Arbitration, Qingdao Arbitration Commission and South China International Arbitration Centre (Hong Kong). She is also an independent non-executive director of Wine's Link International Holdings Limited and China State Construction Development Holdings Limited. Ms. Chan has also undertaken various community positions in Hong Kong including being an Ex-officio Member of Election Committee and Chairman of Appeal Tribunal Panel(Building Ordinance). She was awarded the Medal of Honor in 2012 and Justice of the Peace in 2015 by the Government of the Hong Kong Special Administrative Region. Ms. Chan was also conferred with Honorary Fellow by City University of Hong Kong in 2013.She was elected as a Hong Kong Deputy to the National People's Congress of the PRC(the 13th session) in 2017, an executive member of the All-China Women's Federation Executive Committee in 2018, a president of All-China Women's Federation Hong Kong Delegates Association Ltd. in 2021 and a Legislative Council Member of the Hong Kong Special Administrative Region in 2022.
お知らせ • Aug 24Beijing Enterprises Holdings Limited to Report First Half, 2022 Results on Aug 31, 2022Beijing Enterprises Holdings Limited announced that they will report first half, 2022 results on Aug 31, 2022
お知らせ • Jul 12Beijing Enterprises Holdings Limited Announces Executive ChangesThe board of directors (the "Board") of Beijing Enterprises Holdings Limited announced that Due to retirement, Mr. LI Yongcheng has tendered his resignation as Executive Director, Chairman of the Board, Member of the Remuneration Committee, Chairman of the Nomination Committee and Chairman of the Investment Committee; Mr. DAI Xiaofeng, being Executive Director of the Company, has been re- designated as Executive Director and Chairman of the Board, Member of the Remuneration Committee, Chairman of the Nomination Committee and Chairman of the Investment Committee. The abovementioned Board changes will take effect on 11 July 2022.
Upcoming Dividend • Jul 01Upcoming dividend of HK$0.85 per shareEligible shareholders must have bought the stock before 08 July 2022. Payment date: 26 July 2022. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 4.5%. Within top quartile of German dividend payers (4.5%). Lower than average of industry peers (5.2%).
お知らせ • Apr 28Beijing Enterprises Holdings Limited Announces Resignation of Zhao Xiaodong as Executive Director and Vice Chairman of the BoardThe board of directors of Beijing Enterprises Holdings Limited announced that due to adjustment of personal work positions, Mr. ZHAO Xiaodong has tendered his resignation as Executive Director and Vice Chairman of the Board of the Company with effect from 26 April 2022.
Board Change • Apr 27Less 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. 6 non-independent directors. Independent Non-Executive Director Sun Say Yu was the last independent director to join the board, commencing their role in 2014. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 01Beijing Enterprises Holdings Limited, Annual General Meeting, Jun 17, 2022Beijing Enterprises Holdings Limited, Annual General Meeting, Jun 17, 2022. Agenda: To consider the payment of a final dividend of HKD 85 cents per share for the year ended 31 December 2021.
Reported Earnings • Apr 01Full year 2021 earnings released: EPS: HK$7.86 (vs HK$4.19 in FY 2020)Full year 2021 results: EPS: HK$7.86 (up from HK$4.19 in FY 2020). Revenue: HK$80.4b (up 18% from FY 2020). Net income: HK$9.92b (up 88% from FY 2020). Profit margin: 12% (up from 7.7% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 1.7% compared to a 4.6% decline forecast for the industry in Germany. 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 18% per year, which means it is significantly lagging earnings.
お知らせ • Apr 01Beijing Enterprises Holdings Limited Declares Final Dividend for the Financial Year Ended 31 December 2021, Payable on 26 July 2022Beijing Enterprises Holdings Limited declared final dividend of HKD 0.85 per share for the financial year ended 31 December 2021. Ex-dividend date is 8 July 2022. Record date is 15 July 2022. Payment date is 26 July 2022.
Valuation Update With 7 Day Price Move • Mar 16Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €2.48, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 13x in the Gas Utilities industry in Europe. Total loss to shareholders of 44% over the past three years.
Valuation Update With 7 Day Price Move • Sep 11Investor sentiment improved over the past weekAfter last week's 18% share price gain to €3.28, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 13x in the Gas Utilities industry in Europe. Total loss to shareholders of 13% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €4.71 per share.
Reported Earnings • Sep 03First half 2021 earnings released: EPS HK$5.00 (vs HK$2.83 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: HK$40.4b (up 26% from 1H 2020). Net income: HK$6.32b (up 77% from 1H 2020). Profit margin: 16% (up from 11% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 10% per year.
Upcoming Dividend • Jul 01Upcoming dividend of HK$0.74 per shareEligible shareholders must have bought the stock before 08 July 2021. Payment date: 26 July 2021. Trailing yield: 4.1%. Within top quartile of German dividend payers (3.2%). Lower than average of industry peers (6.0%).
Executive Departure • Jun 08Independent Non-Executive Director Chi Ching Sze has left the companyOn the 1st of June, Chi Ching Sze's tenure as Independent Non-Executive Director ended after 8.2 years in the role. We don't have any record of a personal shareholding under Chi Ching's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 5.33 years.
Reported Earnings • Apr 17Full year 2020 earnings released: EPS HK$4.19 (vs HK$6.38 in FY 2019)The company reported a poor full year result with weaker earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: HK$68.4b (flat on FY 2019). Net income: HK$5.29b (down 34% from FY 2019). Profit margin: 7.7% (down from 12% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Apr 02Full year 2020 earnings released: EPS HK$4.19 (vs HK$6.38 in FY 2019)The company reported a poor full year result with weaker earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: HK$68.4b (flat on FY 2019). Net income: HK$5.29b (down 34% from FY 2019). Profit margin: 7.7% (down from 12% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings.
お知らせ • Mar 20Beijing Enterprises Holdings Limited to Report Fiscal Year 2020 Results on Mar 31, 2021Beijing Enterprises Holdings Limited announced that they will report fiscal year 2020 results on Mar 31, 2021
お知らせ • Feb 03+ 1 more updateBeijing Enterprises Holdings Limited Announces Board ChangesThe board of directors of Beijing Enterprises Holdings Limited announced that: Hou has also ceased to act as Chairman of the Nomination Committee, Chairman of the Remuneration Committee and Chairman of the Investment Committee; Mr. LI Yongcheng Executive Director and Vice Chairman of the Board of the Company, has been re-designated as Executive Director and Chairman of the Board of the Company. Also, as Chairman of the Board, Mr. Li has been appointed as Chairman of the Nomination Committee, Chairman of the Remuneration Committee and Chairman of the Investment Committee;) Mr. JIANG Xinhao Executive Director and Vice President of the Company, has been re-designated as Executive Director and Vice Chairman of the Board. Mr. Jiang's role as Member of the Investment Committee remains unchanged; Mr. DAI Xiaofeng ("Mr. Dai"), Vice President of the Company, has been re-designated as Executive Director of the Company. The aforementioned changes take effect on 2 February 2021.
Executive Departure • Feb 03Chairman & CEO Zibo Hou has left the companyOn the 2nd of February, Zibo Hou's tenure as Chairman & CEO of the company ended after 3.4 years in the role. We don't have any record of a personal shareholding under Zibo's name. Zibo is the only executive to leave the company over the last 12 months. Under Zibo's leadership, the company delivered a total shareholder return of -33%.
Is New 90 Day High Low • Jan 20New 90-day high: €2.98The company is up 16% from its price of €2.58 on 22 October 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Gas Utilities industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.16 per share.
Reported Earnings • Sep 30First half earnings releasedOver the last 12 months the company has reported total profits of HK$6.88b, down 15% from the prior year. Total revenue was HK$65.6b over the last 12 months, down 3.1% from the prior year.
Is New 90 Day High Low • Sep 25New 90-day low: €2.58The company is down 15% from its price of €3.02 on 26 June 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Gas Utilities industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €6.05 per share.
お知らせ • Aug 12Beijing Enterprises Holdings Limited to Report First Half, 2020 Results on Aug 31, 2020Beijing Enterprises Holdings Limited announced that they will report first half, 2020 results on Aug 31, 2020
