company background image
6000

Beijing Capital Eco-environment Protection GroupltdSHSE:600008 Stock Report

Market Cap

CN¥23.8b

7D

0.6%

1Y

6.6%

Updated

25 Nov, 2021

Data

Company Financials +
600008 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance5/6
Financial Health2/6
Dividends5/6

600008 Stock Overview

Beijing Capital Eco-environment Protection Group Co.,ltd., a water environmental company, engages in the water supply, solid waste treatment, and environmental protection businesses in China.

Beijing Capital Eco-environment Protection Groupltd Competitors

Veolia Environnement

ENXTPA:VIE

€19.8b

China Everbright Environment Group

SEHK:257

HK$32.9b

Beijing Enterprises Water Group

SEHK:371

HK$29.2b

Shanghai Environment Group

SHSE:601200

CN¥13.5b

Price History & Performance

Summary of all time highs, changes and price drops for Beijing Capital Eco-environment Protection Groupltd
Historical stock prices
Current Share PriceCN¥3.24
52 Week HighCN¥4.56
52 Week LowCN¥2.66
Beta0.50
1 Month Change-4.43%
3 Month Change-8.48%
1 Year Change6.58%
3 Year Change-6.09%
5 Year Change-23.94%
Change since IPO29.21%

Recent News & Updates

Shareholder Returns

600008CN Water UtilitiesCN Market
7D0.6%0.3%0.9%
1Y6.6%-3.5%9.4%

Return vs Industry: 600008 exceeded the CN Water Utilities industry which returned -2.4% over the past year.

Return vs Market: 600008 underperformed the CN Market which returned 10.2% over the past year.

Price Volatility

Is 600008's price volatile compared to industry and market?
600008 volatility
600008 Average Weekly Movement6.2%
Water Utilities Industry Average Movement5.9%
Market Average Movement6.2%
10% most volatile stocks in CN Market10.2%
10% least volatile stocks in CN Market3.6%

Stable Share Price: 600008 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 600008's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199917,261Yongzheng Liuhttps://www.capitalwater.cn

Beijing Capital Eco-environment Protection Group Co.,ltd., a water environmental company, engages in the water supply, solid waste treatment, and environmental protection businesses in China. It offers urban water and water security management; waste treatment; hazardous waste treatment; waste resources recycling; sanitation disposal; collection, storage, transportation, and disposal of solid waste; and drainage network services. The company is also involved in the treatment of water environment in 23 provinces with a water treatment capacity of 24 million tons/day and a solid waste treatment capacity of approximately 40,000 tons/day.

Beijing Capital Eco-environment Protection Groupltd Fundamentals Summary

How do Beijing Capital Eco-environment Protection Groupltd's earnings and revenue compare to its market cap?
600008 fundamental statistics
Market CapCN¥23.78b
Earnings (TTM)CN¥2.46b
Revenue (TTM)CN¥22.87b

9.7x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
600008 income statement (TTM)
RevenueCN¥22.87b
Cost of RevenueCN¥16.30b
Gross ProfitCN¥6.57b
ExpensesCN¥4.12b
EarningsCN¥2.46b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.33
Gross Margin28.73%
Net Profit Margin10.74%
Debt/Equity Ratio124.4%

How did 600008 perform over the long term?

See historical performance and comparison

Dividends

2.2%

Current Dividend Yield

21%

Payout Ratio

Valuation

Is Beijing Capital Eco-environment Protection Groupltd undervalued compared to its fair value and its price relative to the market?

9.68x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 600008 (CN¥3.24) is trading above our estimate of fair value (CN¥0.6)

Significantly Below Fair Value: 600008 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 600008 is good value based on its PE Ratio (9.7x) compared to the CN Water Utilities industry average (23.3x).

PE vs Market: 600008 is good value based on its PE Ratio (9.7x) compared to the CN market (37.2x).


Price to Earnings Growth Ratio

PEG Ratio: 600008 is poor value based on its PEG Ratio (1.8x)


Price to Book Ratio

PB vs Industry: 600008 is good value based on its PB Ratio (0.9x) compared to the CN Water Utilities industry average (1.5x).


Future Growth

How is Beijing Capital Eco-environment Protection Groupltd forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

5.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 600008's forecast earnings growth (5.3% per year) is above the savings rate (3.3%).

Earnings vs Market: 600008's earnings (5.3% per year) are forecast to grow slower than the CN market (25.2% per year).

High Growth Earnings: 600008's earnings are forecast to grow, but not significantly.

Revenue vs Market: 600008's revenue (11.4% per year) is forecast to grow slower than the CN market (19.1% per year).

High Growth Revenue: 600008's revenue (11.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 600008's Return on Equity is forecast to be low in 3 years time (7.2%).


Past Performance

How has Beijing Capital Eco-environment Protection Groupltd performed over the past 5 years?

31.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 600008 has high quality earnings.

Growing Profit Margin: 600008's current net profit margins (10.7%) are higher than last year (7.6%).


Past Earnings Growth Analysis

Earnings Trend: 600008's earnings have grown significantly by 31.3% per year over the past 5 years.

Accelerating Growth: 600008's earnings growth over the past year (85.9%) exceeds its 5-year average (31.3% per year).

Earnings vs Industry: 600008 earnings growth over the past year (85.9%) exceeded the Water Utilities industry 13.3%.


Return on Equity

High ROE: 600008's Return on Equity (7.2%) is considered low.


Financial Health

How is Beijing Capital Eco-environment Protection Groupltd's financial position?


Financial Position Analysis

Short Term Liabilities: 600008's short term assets (CN¥22.0B) do not cover its short term liabilities (CN¥26.0B).

Long Term Liabilities: 600008's short term assets (CN¥22.0B) do not cover its long term liabilities (CN¥41.2B).


Debt to Equity History and Analysis

Debt Level: 600008's net debt to equity ratio (104.5%) is considered high.

Reducing Debt: 600008's debt to equity ratio has reduced from 149.6% to 124.4% over the past 5 years.

Debt Coverage: 600008's debt is not well covered by operating cash flow (7.5%).

Interest Coverage: 600008's interest payments on its debt are well covered by EBIT (5.9x coverage).


Balance Sheet


Dividend

What is Beijing Capital Eco-environment Protection Groupltd current dividend yield, its reliability and sustainability?

2.16%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 600008's dividend (2.16%) is higher than the bottom 25% of dividend payers in the CN market (0.39%).

High Dividend: 600008's dividend (2.16%) is in the top 25% of dividend payers in the CN market (1.81%)


Stability and Growth of Payments

Stable Dividend: 600008's dividends per share have been stable in the past 10 years.

Growing Dividend: 600008's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (20.9%), 600008's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.2yrs

Average management tenure


CEO

Yongzheng Liu (52 yo)

0.83

Tenure

Mr. Yongzheng Liu serves as the Chairman of Beijing Capital Eco-environment Protection Group Co.,ltd. (formerly known as Beijing Capital Co.,Ltd). and is its General Manager since 2021.Mr. Liu serves as V...


Leadership Team

Experienced Management: 600008's management team is seasoned and experienced (5.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Beijing Capital Eco-environment Protection Group Co.,ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Beijing Capital Eco-environment Protection Group Co.,ltd.
  • Ticker: 600008
  • Exchange: SHSE
  • Founded: 1999
  • Industry: Water Utilities
  • Sector: Utilities
  • Market Cap: CN¥23.784b
  • Shares outstanding: 7.34b
  • Website: https://www.capitalwater.cn

Number of Employees


Location

  • Beijing Capital Eco-environment Protection Group Co.,ltd.
  • Building 2
  • New Dadu Hotel
  • Beijing
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/25 16:09
End of Day Share Price2021/11/25 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.