Board Change • May 20
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Executive Director Yining Li was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 30
Beijing Enterprises Environment Group Limited, Annual General Meeting, May 26, 2026 Beijing Enterprises Environment Group Limited, Annual General Meeting, May 26, 2026, at 11:30 China Standard Time. Location: 66th floor, central plaza, 18 harbour road, wanchai, Hong Kong Announcement • Mar 11
Beijing Enterprises Environment Group Limited to Report Fiscal Year 2025 Results on Mar 25, 2026 Beijing Enterprises Environment Group Limited announced that they will report fiscal year 2025 results on Mar 25, 2026 Announcement • Aug 15
Beijing Enterprises Environment Group Limited to Report First Half, 2025 Results on Aug 28, 2025 Beijing Enterprises Environment Group Limited announced that they will report first half, 2025 results on Aug 28, 2025 Announcement • Apr 30
Beijing Enterprises Environment Group Limited, Annual General Meeting, Jun 04, 2025 Beijing Enterprises Environment Group Limited, Annual General Meeting, Jun 04, 2025, at 11:00 China Standard Time. Location: 66th flr, central plaza, 18 harbour road, wanchai, Hong Kong Announcement • Mar 14
Beijing Enterprises Environment Group Limited to Report Fiscal Year 2024 Results on Mar 27, 2025 Beijing Enterprises Environment Group Limited announced that they will report fiscal year 2024 results on Mar 27, 2025 Buy Or Sell Opportunity • Oct 03
Now 22% undervalued Over the last 90 days, the stock has risen 7.1% to €0.037. The fair value is estimated to be €0.048, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.8%. Reported Earnings • Aug 30
First half 2024 earnings released: EPS: CN¥0.095 (vs CN¥0.09 in 1H 2023) First half 2024 results: EPS: CN¥0.095 (up from CN¥0.09 in 1H 2023). Revenue: CN¥803.2m (down 27% from 1H 2023). Net income: CN¥141.9m (up 5.4% from 1H 2023). Profit margin: 18% (up from 12% in 1H 2023). The increase in margin was driven by lower expenses. 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 17% per year, which means it is significantly lagging earnings. Announcement • Aug 15
Beijing Enterprises Environment Group Limited to Report First Half, 2024 Results on Aug 28, 2024 Beijing Enterprises Environment Group Limited announced that they will report first half, 2024 results on Aug 28, 2024 Announcement • Jun 15
Hainan Gerun Investment Company Limited agreed to acquire 51% stake in Beijing Beikong Ecology & Construction Group Co., Ltd. from Beijing Enterprises Environment Group Limited (SEHK:154) for CNY 41.5 million. Hainan Gerun Investment Company Limited agreed to acquire 51% stake in Beijing Beikong Ecology & Construction Group Co., Ltd. from Beijing Enterprises Environment Group Limited (SEHK:154) for CNY 41.5 million on June 7, 2024. Hainan Gerun Investment Company Limited entered an agreement to acquire 51% stake in Beijing Beikong Ecology & Construction Group Co., Ltd. from Beijing Enterprises Environment Group Limited (SEHK:154) on June 13, 2024. Hainan Gerun has paid the transaction price to China Beijing Equity Exchange (CBEX). As of February 29, 2024, Beijing Beikong Ecology & Construction Group Co., Ltd. reported total assets of CNY 308.41 million. The net proceeds of approximately CNY 40.2 million from the disposal will be used as the general working capital of Beijing Enterprises Environment Group Limited. Announcement • May 26
Beijing Enterprises Environment Group Limited, Annual General Meeting, Jun 27, 2024 Beijing Enterprises Environment Group Limited, Annual General Meeting, Jun 27, 2024, at 11:00 China Standard Time. Location: 66th floor, central plaza, 18 harbour road, wanchai, Hong Kong New Risk • Mar 29
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 11% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.5x net interest cover). Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Market cap is less than US$100m (€59.5m market cap, or US$64.2m). Reported Earnings • Mar 28
Full year 2023 earnings released: EPS: HK$0.13 (vs HK$0.23 in FY 2022) Full year 2023 results: EPS: HK$0.13 (down from HK$0.23 in FY 2022). Revenue: HK$1.93b (down 25% from FY 2022). Net income: HK$191.0m (down 46% from FY 2022). Profit margin: 9.9% (down from 14% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Mar 14
Beijing Enterprises Environment Group Limited to Report Fiscal Year 2023 Results on Mar 27, 2024 Beijing Enterprises Environment Group Limited announced that they will report fiscal year 2023 results on Mar 27, 2024 Announcement • Feb 01
Beijing Enterprises Environment Group Limited Announces Board and Committee Changes The board of directors of Beijing Enterprises Environment Group Limited announced that due to the change in work arrangements, Mr. Ke Jian (‘Mr. Ke’) has tendered his resignation as Chairman of the Board and Executive Director of the Company, and ceased to be Chairman of the Nomination Committee and Member of the Remuneration Committee of the Company with effect from 1 February 2024. Mr. Ke and the Board have confirmed that he had no disagreement with the Board, and there is no other matter that needs to be brought to the attention of the shareholders of the Company in respect of his resignation. The Board further announced that: Mr. Chen Xinguo (‘Mr. Chen’), existing Executive Director and Chief Executive Officer of the Company, has been appointed as Chairman of the Board, Chairman of the Nomination Committee and Member of the Remuneration Committee of the Company; and Mr. Li Ai (‘Mr. Li’) has been appointed as Executive Director and Vice President of the Company, with effect from 1 February 2024. Mr. Li, aged 44, is a PRC practising lawyer, obtained a bachelor's degree in law in the PRC in 2001 and a master's degree in law from the Faculty of Law of the University of Wollongong, Australia in 2008. Prior to joining the Company, Mr. Li worked in the State-owned Assets Supervision and Administration Commission of the Beijing Municipal People's Government from 2009 to 2017, and successively served as the Vice President and General Manager of the Western Region of Beijing Enterprises Water Group Limited from 2017 to 2023. Mr. Li has extensive experience in the development of state-owned enterprises, corporate operations, risk management, etc. With effect from 1 February 2024, Mr. Chen assumes the positions of Chairman of the Board and Chief Executive Officer. This arrangement deviates from code provision C.2.1 as set out in Appendix C1 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the ‘Listing Rules’) which recommends that the roles of chairman and chief executive should be separate and should not be performed by the same individual. However, the Board considers that such arrangement can bring benefits to the Company's business development and management at present, and will not impair the balance of power and authority between the Board and the management of the Company. Reported Earnings • Sep 01
First half 2023 earnings released: EPS: HK$0.10 (vs HK$0.093 in 1H 2022) First half 2023 results: EPS: HK$0.10 (up from HK$0.093 in 1H 2022). Revenue: HK$1.23b (up 5.2% from 1H 2022). Net income: HK$149.5m (up 7.7% from 1H 2022). Profit margin: 12% (in line with 1H 2022). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Aug 18
Beijing Enterprises Environment Group Limited to Report First Half, 2023 Results on Aug 30, 2023 Beijing Enterprises Environment Group Limited announced that they will report first half, 2023 results on Aug 30, 2023 New Risk • Jul 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.8% 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 Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Market cap is less than US$100m (€75.1m market cap, or US$82.7m). Buying Opportunity • Jun 17
Now 24% undervalued Over the last 90 days, the stock is up 3.6%. The fair value is estimated to be €0.057, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 23%. Buying Opportunity • Jun 02
Now 21% undervalued Over the last 90 days, the stock is up 10%. The fair value is estimated to be €0.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 23%. Reported Earnings • Apr 02
Full year 2022 earnings released: EPS: HK$0.23 (vs HK$0.18 in FY 2021) Full year 2022 results: EPS: HK$0.23 (up from HK$0.18 in FY 2021). Revenue: HK$2.56b (up 6.0% from FY 2021). Net income: HK$353.2m (up 34% from FY 2021). Profit margin: 14% (up from 11% in FY 2021). 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 but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Oct 01
Beijing Enterprises Environment Group Ordinary Shares to Be Deleted from OTC Equity Beijing Enterprises Environment Group Limited Ordinary Shares will be deleted from OTC Equity effective from October 03, 2022, due to Inactive Security. Reported Earnings • Sep 01
First half 2022 earnings released: EPS: HK$0.093 (vs HK$0.092 in 1H 2021) First half 2022 results: EPS: HK$0.093 (up from HK$0.092 in 1H 2021). Revenue: HK$1.17b (up 22% from 1H 2021). Net income: HK$138.8m (flat on 1H 2021). Profit margin: 12% (down from 14% in 1H 2021). 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 11% per year, which means it is significantly lagging earnings. Announcement • Aug 19
Beijing Enterprises Environment Group Limited to Report First Half, 2022 Results on Aug 31, 2022 Beijing Enterprises Environment Group Limited announced that they will report first half, 2022 results on Aug 31, 2022 Reported Earnings • Apr 01
Full year 2021 earnings released: EPS: HK$0.18 (vs HK$0.086 in FY 2020) Full year 2021 results: EPS: HK$0.18 (up from HK$0.086 in FY 2020). Revenue: HK$2.42b (up 35% from FY 2020). Net income: HK$264.1m (up 105% from FY 2020). Profit margin: 11% (up from 7.2% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 16% per year. Reported Earnings • Sep 03
First half 2021 earnings released: EPS HK$0.092 (vs HK$0.062 in 1H 2020) The company reported a solid first half result with improved earnings and revenues, although profit margins were flat. First half 2021 results: Revenue: HK$956.1m (up 60% from 1H 2020). Net income: HK$138.6m (up 50% from 1H 2020). Profit margin: 14% (in line with 1H 2020). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 02
Full year 2020 earnings released: EPS HK$0.086 (vs HK$0.15 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: HK$1.79b (up 29% from FY 2019). Net income: HK$129.0m (down 42% from FY 2019). Profit margin: 7.2% (down from 16% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 15% per year. Announcement • Mar 19
Beijing Enterprises Environment Group Limited to Report Fiscal Year 2020 Results on Mar 31, 2021 Beijing Enterprises Environment Group Limited announced that they will report fiscal year 2020 results on Mar 31, 2021 Announcement • Dec 25
Beijing Enterprises Environment Group Limited Announces Continuing Connected Transactions in Relation to the Second Renewal of the Deposit Services Master Agreement Beijing Enterprises Environment Group Limited announced that, the 2018 Deposit Services Master Agreement will expire on 31 December 2020. In order to regulate such transactions that will continue to take place, the Company and BG Finance entered into the 2021 Deposit Services Master Agreement on 23 December 2020 whereby the Company and BG Finance will continue to carry out the transactions under the 2018 Deposit Services Master Agreement for three years from 1 January 2021 to 31 December 2023, and save as the Renewed Caps, with the terms and conditions substantially the same as those under the 2018 Deposit Services Master Agreement. The term of the 2021 Deposit Services Master Agreement shall commence on 1 January 2021 and shall continue up to and including 31 December 2023. Subject to the compliance with the Listing Rules and/or upon the expiration of 2021 Deposit Services Master Agreement, it may be renewed, varied or modified by the Company and BG Finance by agreement in writing. The rates at which interest will accrue on any deposit placed by the Group with BG Finance under the 2021 Deposit Services Master Agreement will not be lower than (i) the benchmark interest rate prescribed by the People's Bank of China; (ii) the interest rates offered by commercial banks in Hong Kong and mainland China to the Group; and (iii) the interest rates offered by BG Finance to other members of BEGCL for the same type of deposits at the same period. The Group has to maintain deposits and other bank balances with financial institutions in Hong Kong and mainland China from time to time as part of its treasury activities and in order to satisfy its business needs in the ordinary and usual course of business. The 2021 Deposit Services will be conducted on normal commercial terms and the deposit interest rates offered by BG Finance to the Group will be equal to or more favourable to the Group than those offered by commercial banks in Hong Kong and mainland China to the Group for comparable deposits. The 2021 Deposit Services Master Agreement is therefore expected not only to provide the Group with a new mean of financing but also to improve the efficiency of the use of its funds through higher interest income and lower costs of financing. The Group also expects to be in a better position to manage the security of its funds since BG Finance is not considered to be exposed to any significant capital risk. For the avoidance of doubt, the 2021 Deposit Services Master Agreement does not preclude the Group from using the services of other financial institutions. The Group still has the freedom to select any major and independent commercial banks in Hong Kong and mainland China as its financial services providers as it thinks fit and appropriate for the benefit of the Group. Announcement • Aug 22
Beijing Enterprises Environment Group Limited to Report First Half, 2020 Results on Aug 31, 2020 Beijing Enterprises Environment Group Limited announced that they will report first half, 2020 results on Aug 31, 2020 
