Announcement • Jul 23
Beijing GeoEnviron Engineering & Technology, Inc. (SHSE:603588) announces an Equity Buyback for CNY 200 million worth of its shares. Beijing GeoEnviron Engineering & Technology, Inc. (SHSE:603588) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 200 million worth of its class A shares. The shares will be repurchased at price not exceeding CNY 24 per shares. The share repurchase is to maintain the Company’s value and shareholder rights. The repurchase program will be funded from company's own funds and self-raised funds. The plan will be valid for 3 months from the Company's Directorate's Approval Date. Valuation Update With 7 Day Price Move • Jul 11
Investor sentiment deteriorates as stock falls 25% After last week's 25% share price decline to CN¥14.81, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 14x in the Commercial Services industry in China. Total returns to shareholders of 66% over the past three years. Announcement • Jun 30
Beijing GeoEnviron Engineering & Technology, Inc. to Report First Half, 2026 Results on Aug 18, 2026 Beijing GeoEnviron Engineering & Technology, Inc. announced that they will report first half, 2026 results on Aug 18, 2026 Valuation Update With 7 Day Price Move • Jun 25
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥19.60, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 15x in the Commercial Services industry in China. Total returns to shareholders of 132% over the past three years. Announcement • May 30
Beijing GeoEnviron Engineering & Technology, Inc. (SHSE:603588) proposed to acquire an additional 16.11% stake in Greentech Technology International Limited (SEHK:195) for HKD 55 million. Beijing GeoEnviron Engineering & Technology, Inc. (SHSE:603588) proposed to acquire an additional 16.11% stake in Greentech Technology International Limited (SEHK:195) for HKD 55 million on May 29, 2026. A cash consideration valued at HKD 0.25 per share will be paid by Beijing GeoEnviron Engineering & Technology for 220 million shares. Upon completion, Beijing GeoEnviron Engineering & Technology, Inc. will own 16.82% stake in Greentech Technology International Limited. The transaction will be financed through internal resources.
Lego Corporate Finance Limited acted as financial advisor for Beijing GeoEnviron Engineering & Technology, Inc. Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Li Liu 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. Announcement • Mar 30
Beijing GeoEnviron Engineering & Technology, Inc. to Report Q1, 2026 Results on Apr 10, 2026 Beijing GeoEnviron Engineering & Technology, Inc. announced that they will report Q1, 2026 results on Apr 10, 2026 Announcement • Mar 12
Beijing GeoEnviron Engineering & Technology, Inc., Annual General Meeting, Apr 02, 2026 Beijing GeoEnviron Engineering & Technology, Inc., Annual General Meeting, Apr 02, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Beijing China Announcement • Dec 26
Beijing GeoEnviron Engineering & Technology, Inc. to Report Fiscal Year 2025 Results on Mar 13, 2026 Beijing GeoEnviron Engineering & Technology, Inc. announced that they will report fiscal year 2025 results on Mar 13, 2026 Announcement • Sep 30
Beijing GeoEnviron Engineering & Technology, Inc. to Report Q3, 2025 Results on Oct 16, 2025 Beijing GeoEnviron Engineering & Technology, Inc. announced that they will report Q3, 2025 results on Oct 16, 2025 Announcement • Jun 30
Beijing GeoEnviron Engineering & Technology, Inc. to Report First Half, 2025 Results on Jul 25, 2025 Beijing GeoEnviron Engineering & Technology, Inc. announced that they will report first half, 2025 results on Jul 25, 2025 Announcement • Mar 28
Beijing GeoEnviron Engineering & Technology, Inc. to Report Q1, 2025 Results on Apr 15, 2025 Beijing GeoEnviron Engineering & Technology, Inc. announced that they will report Q1, 2025 results on Apr 15, 2025 Announcement • Mar 20
Beijing GeoEnviron Engineering & Technology, Inc., Annual General Meeting, Apr 09, 2025 Beijing GeoEnviron Engineering & Technology, Inc., Annual General Meeting, Apr 09, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Beijing China Announcement • Dec 27
Beijing GeoEnviron Engineering & Technology, Inc. to Report Fiscal Year 2024 Results on Mar 20, 2025 Beijing GeoEnviron Engineering & Technology, Inc. announced that they will report fiscal year 2024 results on Mar 20, 2025 Valuation Update With 7 Day Price Move • Oct 11
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥4.91, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 15x in the Commercial Services industry in China. Total loss to shareholders of 61% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥3.34 per share. Upcoming Dividend • Oct 04
Upcoming dividend of CN¥0.33 per share Eligible shareholders must have bought the stock before 11 October 2024. Payment date: 11 October 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 5.7%. Within top quartile of Chinese dividend payers (2.2%). Higher than average of industry peers (1.6%). Announcement • Sep 30
Beijing GeoEnviron Engineering & Technology, Inc. to Report Q3, 2024 Results on Oct 25, 2024 Beijing GeoEnviron Engineering & Technology, Inc. announced that they will report Q3, 2024 results on Oct 25, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥4.98, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Commercial Services industry in China. Total loss to shareholders of 64% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥3.13 per share. Announcement • Jun 28
Beijing GeoEnviron Engineering & Technology, Inc. to Report First Half, 2024 Results on Aug 23, 2024 Beijing GeoEnviron Engineering & Technology, Inc. announced that they will report first half, 2024 results on Aug 23, 2024 Announcement • May 15
Beijing GeoEnviron Engineering & Technology, Inc., Annual General Meeting, Jun 05, 2024 Beijing GeoEnviron Engineering & Technology, Inc., Annual General Meeting, Jun 05, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Beijing China Reported Earnings • Apr 27
First quarter 2024 earnings released: EPS: CN¥0.13 (vs CN¥0.14 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.13 (down from CN¥0.14 in 1Q 2023). Revenue: CN¥3.13b (up 80% from 1Q 2023). Net income: CN¥194.0m (down 5.9% from 1Q 2023). Profit margin: 6.2% (down from 12% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Commercial Services industry in China. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings. Announcement • Mar 29
Beijing GeoEnviron Engineering & Technology, Inc. to Report Q1, 2024 Results on Apr 26, 2024 Beijing GeoEnviron Engineering & Technology, Inc. announced that they will report Q1, 2024 results on Apr 26, 2024 Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥4.72, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 11x in the Commercial Services industry in China. Total loss to shareholders of 46% over the past three years. Announcement • Dec 30
Beijing GeoEnviron Engineering & Technology, Inc. to Report Fiscal Year 2023 Results on Apr 26, 2024 Beijing GeoEnviron Engineering & Technology, Inc. announced that they will report fiscal year 2023 results on Apr 26, 2024 Announcement • Sep 30
Beijing GeoEnviron Engineering & Technology, Inc. to Report Q3, 2023 Results on Oct 30, 2023 Beijing GeoEnviron Engineering & Technology, Inc. announced that they will report Q3, 2023 results on Oct 30, 2023 New Risk • Aug 29
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 30% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (30% accrual ratio). Announcement • Jun 28
Beijing GeoEnviron Engineering & Technology, Inc. to Report First Half, 2023 Results on Aug 29, 2023 Beijing GeoEnviron Engineering & Technology, Inc. announced that they will report first half, 2023 results on Aug 29, 2023 Reported Earnings • Apr 26
First quarter 2023 earnings released: EPS: CN¥0.14 (vs CN¥0.13 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.14 (up from CN¥0.13 in 1Q 2022). Revenue: CN¥1.74b (up 11% from 1Q 2022). Net income: CN¥206.3m (up 21% from 1Q 2022). Profit margin: 12% (up from 11% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Commercial Services industry in China. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 8% per year. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 5 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Fengchao Cheng was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 30
Third quarter 2022 earnings released: EPS: CN¥0.12 (vs CN¥0.15 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.12 (down from CN¥0.15 in 3Q 2021). Revenue: CN¥2.19b (up 3.8% from 3Q 2021). Net income: CN¥158.2m (down 18% from 3Q 2021). Profit margin: 7.2% (down from 9.1% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Commercial Services industry in China. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 15% per year. Reported Earnings • Jul 12
Second quarter 2022 earnings released: EPS: CN¥0.21 (vs CN¥0.21 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.21. Revenue: CN¥2.43b (up 15% from 2Q 2021). Net income: CN¥274.4m (up 1.2% from 2Q 2021). Profit margin: 11% (down from 13% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 29%, compared to a 16% growth forecast for the industry in China. Reported Earnings • Apr 29
First quarter 2022 earnings released: EPS: CN¥0.16 (vs CN¥0.11 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.16 (up from CN¥0.11 in 1Q 2021). Revenue: CN¥1.57b (up 24% from 1Q 2021). Net income: CN¥170.3m (up 43% from 1Q 2021). Profit margin: 11% (up from 9.4% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 19%, compared to a 15% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 18% per year. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. 3 independent directors (7 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.18 (vs CN¥0.17 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥2.11b (up 25% from 3Q 2020). Net income: CN¥193.1m (up 34% from 3Q 2020). Profit margin: 9.1% (up from 8.5% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 19
Second quarter 2021 earnings released: EPS CN¥0.26 (vs CN¥0.18 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥2.11b (up 16% from 2Q 2020). Net income: CN¥271.3m (up 36% from 2Q 2020). Profit margin: 13% (up from 11% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Apr 09
First quarter 2021 earnings released: EPS CN¥0.15 (vs CN¥0.11 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥1.26b (up 56% from 1Q 2020). Net income: CN¥119.2m (up 69% from 1Q 2020). Profit margin: 9.4% (up from 8.7% 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 23% per year whereas the company’s share price has increased by 20% per year. Reported Earnings • Mar 13
Full year 2020 earnings released: EPS CN¥0.76 (vs CN¥0.62 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥6.81b (up 34% from FY 2019). Net income: CN¥557.4m (up 35% from FY 2019). Profit margin: 8.2% (up from 8.1% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Analyst Estimate Surprise Post Earnings • Mar 13
Revenue beats expectations Revenue exceeded analyst estimates by 9.8%. Over the next year, revenue is forecast to grow 2.5%, compared to a 30% growth forecast for the Commercial Services industry in China. Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥16.60, the stock is trading at a trailing P/E ratio of 22.9x, up from the previous P/E ratio of 19.2x. This compares to an average P/E of 25x in the Commercial Services industry in China. Total returns to shareholders over the past three years are 42%. Is New 90 Day High Low • Feb 23
New 90-day high: CN¥16.60 The company is up 13% from its price of CN¥14.67 on 25 November 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is down 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.82 per share. Is New 90 Day High Low • Jan 29
New 90-day low: CN¥12.44 The company is down 12% from its price of CN¥14.21 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is down 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.89 per share. Is New 90 Day High Low • Jan 11
New 90-day low: CN¥12.46 The company is down 19% from its price of CN¥15.30 on 14 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services 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¥1.91 per share. Is New 90 Day High Low • Dec 24
New 90-day low: CN¥13.39 The company is down 7.0% from its price of CN¥14.46 on 25 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Commercial Services industry, which is also down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.21 per share. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥511.5m, up 29% from the prior year. Total revenue was CN¥6.22b over the last 12 months, up 32% from the prior year. Is New 90 Day High Low • Oct 25
New 90-day low: CN¥13.70 The company is down 2.0% from its price of CN¥13.92 on 27 July 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.96 per share. 
