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Grandblue Environment SHSE:600323 Stock Report

Last Price

CN¥22.65

Market Cap

CN¥18.8b

7D

1.8%

1Y

30.9%

Updated

20 Dec, 2024

Data

Company Financials +

Grandblue Environment Co., Ltd.

SHSE:600323 Stock Report

Market Cap: CN¥18.8b

600323 Stock Overview

Engages in the water supply, sewage treatment, solid waste treatment, and gas supply businesses in China. More details

600323 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance5/6
Financial Health1/6
Dividends5/6

Rewards

Trading at 41.3% below our estimate of its fair value

Earnings are forecast to grow 7.8% per year

Earnings grew by 14.4% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Debt is not well covered by operating cash flow

Dividend of 2.12% is not well covered by free cash flows


My Notes

Capture your thoughts, links and company narrative

Grandblue Environment Co., Ltd. Competitors

Harbin Hatou InvestmentLtd

SHSE:600864

CN¥14.6b

Chengdu Xingrong Environment

SZSE:000598

CN¥21.5b

Luenmei QuantumLtd

SHSE:600167

CN¥13.5b

Chongqing Water GroupLtd

SHSE:601158

CN¥24.0b

Price History & Performance

Summary of share price highs, lows and changes for Grandblue Environment
Historical stock prices
Current Share PriceCN¥22.65
52 Week HighCN¥23.98
52 Week LowCN¥14.15
Beta0.20
1 Month Change1.94%
3 Month Change20.03%
1 Year Change30.92%
3 Year Change6.74%
5 Year Change31.00%
Change since IPO311.96%

Recent News & Updates

Returns At Grandblue Environment (SHSE:600323) Appear To Be Weighed Down

Dec 06
Returns At Grandblue Environment (SHSE:600323) Appear To Be Weighed Down

Is Grandblue Environment Co., Ltd. (SHSE:600323) Trading At A 40% Discount?

Nov 21
Is Grandblue Environment Co., Ltd. (SHSE:600323) Trading At A 40% Discount?

Grandblue Environment's (SHSE:600323) Solid Earnings May Rest On Weak Foundations

Nov 04
Grandblue Environment's (SHSE:600323) Solid Earnings May Rest On Weak Foundations

Investors Aren't Buying Grandblue Environment Co., Ltd.'s (SHSE:600323) Earnings

Oct 20
Investors Aren't Buying Grandblue Environment Co., Ltd.'s (SHSE:600323) Earnings

Recent updates

Returns At Grandblue Environment (SHSE:600323) Appear To Be Weighed Down

Dec 06
Returns At Grandblue Environment (SHSE:600323) Appear To Be Weighed Down

Is Grandblue Environment Co., Ltd. (SHSE:600323) Trading At A 40% Discount?

Nov 21
Is Grandblue Environment Co., Ltd. (SHSE:600323) Trading At A 40% Discount?

Grandblue Environment's (SHSE:600323) Solid Earnings May Rest On Weak Foundations

Nov 04
Grandblue Environment's (SHSE:600323) Solid Earnings May Rest On Weak Foundations

Investors Aren't Buying Grandblue Environment Co., Ltd.'s (SHSE:600323) Earnings

Oct 20
Investors Aren't Buying Grandblue Environment Co., Ltd.'s (SHSE:600323) Earnings

Return Trends At Grandblue Environment (SHSE:600323) Aren't Appealing

Aug 14
Return Trends At Grandblue Environment (SHSE:600323) Aren't Appealing

Grandblue Environment's (SHSE:600323) Shareholders Will Receive A Bigger Dividend Than Last Year

Jul 23
Grandblue Environment's (SHSE:600323) Shareholders Will Receive A Bigger Dividend Than Last Year

Is Grandblue Environment (SHSE:600323) A Risky Investment?

Jul 17
Is Grandblue Environment (SHSE:600323) A Risky Investment?

Little Excitement Around Grandblue Environment Co., Ltd.'s (SHSE:600323) Earnings

May 23
Little Excitement Around Grandblue Environment Co., Ltd.'s (SHSE:600323) Earnings

Investors Met With Slowing Returns on Capital At Grandblue Environment (SHSE:600323)

Apr 18
Investors Met With Slowing Returns on Capital At Grandblue Environment (SHSE:600323)

Shareholder Returns

600323CN Water UtilitiesCN Market
7D1.8%-3.6%-3.5%
1Y30.9%6.3%10.9%

Return vs Industry: 600323 exceeded the CN Water Utilities industry which returned 6.3% over the past year.

Return vs Market: 600323 exceeded the CN Market which returned 10.9% over the past year.

Price Volatility

Is 600323's price volatile compared to industry and market?
600323 volatility
600323 Average Weekly Movement4.2%
Water Utilities Industry Average Movement6.4%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.8%
10% least volatile stocks in CN Market5.7%

Stable Share Price: 600323 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 600323's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199225,264Duo Jinwww.grandblue.cn

Grandblue Environment Co., Ltd. engages in the water supply, sewage treatment, solid waste treatment, and gas supply businesses in China. The company provides water supply services, including water intake, production, and delivery to end-customers; sewage treatment services, such as sewage treatment pipe network maintenance, pumping station management, and sewage treatment plant operation and management; and gas supply services. It also offers solid waste treatment services comprising garbage collection and transportation, sanitation cleaning, incineration power generation, as well as sludge, kitchen waste, leachate, fly ash, sludge, and hazardous waste treatment.

Grandblue Environment Co., Ltd. Fundamentals Summary

How do Grandblue Environment's earnings and revenue compare to its market cap?
600323 fundamental statistics
Market capCN¥18.84b
Earnings (TTM)CN¥1.65b
Revenue (TTM)CN¥12.31b

11.2x

P/E Ratio

1.5x

P/S Ratio

Is 600323 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
600323 income statement (TTM)
RevenueCN¥12.31b
Cost of RevenueCN¥8.85b
Gross ProfitCN¥3.46b
Other ExpensesCN¥1.81b
EarningsCN¥1.65b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.02
Gross Margin28.14%
Net Profit Margin13.40%
Debt/Equity Ratio121.8%

How did 600323 perform over the long term?

See historical performance and comparison

Dividends

2.1%

Current Dividend Yield

24%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 08:41
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Grandblue Environment Co., Ltd. is covered by 27 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nian YUBOCI Research Ltd.
Christeen SoCCB International Securities Limited
Ke XuChangjiang Securities Co. LTD.