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Beijing Enterprises Environment Group

DB:BJG
Snowflake Description

Fair value with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BJG
DB
HK$1B
Market Cap
  1. Home
  2. DE
  3. Commercial Services
Company description

Beijing Enterprises Environment Group Limited, an investment holding company, engages in the solid waste treatment business in Mainland China. The last earnings update was 20 days ago. More info.


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BJG Share Price and Events
7 Day Returns
-3.4%
DB:BJG
2.9%
DE Commercial Services
2.3%
DE Market
1 Year Returns
-3.4%
DB:BJG
-7.5%
DE Commercial Services
-7.2%
DE Market
BJG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Beijing Enterprises Environment Group (BJG) -3.4% -5.6% 15.1% -3.4% -56.3% -65.1%
DE Commercial Services 2.9% 1.7% 10.5% -7.5% 3.2% -44.2%
DE Market 2.3% 3.1% 8.8% -7.2% 9.3% 12.3%
1 Year Return vs Industry and Market
  • BJG outperformed the Commercial Services industry which returned -7.5% over the past year.
  • BJG outperformed the Market in Germany which returned -7.2% over the past year.
Price Volatility
BJG
Industry
5yr Volatility vs Market

Value

 Is Beijing Enterprises Environment Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Beijing Enterprises Environment Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Beijing Enterprises Environment Group.

DB:BJG Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 13.5%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:BJG
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6.7%
Commercial Services Unlevered Beta Simply Wall St/ S&P Global 0.73
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.735 (1 + (1- 25%) (318.65%))
1.998
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.998 * 6.65%)
13.52%

Discounted Cash Flow Calculation for DB:BJG using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Beijing Enterprises Environment Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:BJG DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (HKD, Millions) Source Present Value
Discounted (@ 13.52%)
2019 139.41 Est @ 2.45% 122.81
2020 141.90 Est @ 1.78% 110.12
2021 143.76 Est @ 1.32% 98.28
2022 145.19 Est @ 0.99% 87.44
2023 146.29 Est @ 0.76% 77.61
2024 147.17 Est @ 0.6% 68.78
2025 147.89 Est @ 0.49% 60.89
2026 148.50 Est @ 0.41% 53.86
2027 149.03 Est @ 0.36% 47.62
2028 149.50 Est @ 0.32% 42.08
Present value of next 10 years cash flows HK$769.49
DB:BJG DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= HK$149.50 × (1 + 0.23%) ÷ (13.52% – 0.23%)
HK$1,127.63
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= HK$1,127.63 ÷ (1 + 13.52%)10
HK$317.38
DB:BJG Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= HK$769.49 + HK$317.38
HK$1,086.87
Equity Value per Share
(HKD)
= Total value / Shares Outstanding
= HK$1,086.87 / 1,500.36
HK$0.72
DB:BJG Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:BJG represents 0.1037x of SEHK:154
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.1037x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (HKD) x Listing Adjustment Factor
= HK$ 0.72 x 0.1037
€0.08
Value per share (EUR) From above. €0.08
Current discount Discount to share price of €0.08
= -1 x (€0.08 - €0.08) / €0.08
-11.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Beijing Enterprises Environment Group is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Beijing Enterprises Environment Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Beijing Enterprises Environment Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:BJG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in HKD HK$0.18
SEHK:154 Share Price ** SEHK (2019-04-17) in HKD HK$0.81
Europe Commercial Services Industry PE Ratio Median Figure of 105 Publicly-Listed Commercial Services Companies 17.12x
Germany Market PE Ratio Median Figure of 422 Publicly-Listed Companies 19.43x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Beijing Enterprises Environment Group.

DB:BJG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:154 Share Price ÷ EPS (both in HKD)

= 0.81 ÷ 0.18

4.59x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Beijing Enterprises Environment Group is good value based on earnings compared to the Europe Commercial Services industry average.
  • Beijing Enterprises Environment Group is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Beijing Enterprises Environment Group's expected growth come at a high price?
Raw Data
DB:BJG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 4.59x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
13%per year
Europe Commercial Services Industry PEG Ratio Median Figure of 54 Publicly-Listed Commercial Services Companies 1.37x
Germany Market PEG Ratio Median Figure of 272 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Beijing Enterprises Environment Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Beijing Enterprises Environment Group's assets?
Raw Data
DB:BJG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in HKD HK$1.77
SEHK:154 Share Price * SEHK (2019-04-17) in HKD HK$0.81
Germany Commercial Services Industry PB Ratio Median Figure of 8 Publicly-Listed Commercial Services Companies 2.06x
Germany Market PB Ratio Median Figure of 570 Publicly-Listed Companies 1.87x
DB:BJG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:154 Share Price ÷ Book Value per Share (both in HKD)

= 0.81 ÷ 1.77

0.46x

* Primary Listing of Beijing Enterprises Environment Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Beijing Enterprises Environment Group is good value based on assets compared to the DE Commercial Services industry average.
X
Value checks
We assess Beijing Enterprises Environment Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Commercial Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Commercial Services industry average (and greater than 0)? (1 check)
  5. Beijing Enterprises Environment Group has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Beijing Enterprises Environment Group expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Beijing Enterprises Environment Group, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
13%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Beijing Enterprises Environment Group expected to grow at an attractive rate?
  • Beijing Enterprises Environment Group's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Beijing Enterprises Environment Group's earnings growth is expected to exceed the Germany market average.
  • Unable to compare Beijing Enterprises Environment Group's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:BJG Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:BJG Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 13%
Germany Commercial Services Industry Earnings Growth Rate Market Cap Weighted Average 31.6%
Germany Commercial Services Industry Revenue Growth Rate Market Cap Weighted Average 3.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:BJG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in HKD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:BJG Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2018-12-31 1,270 265
2018-09-30 1,240 250
2018-06-30 1,211 468 235
2018-03-31 1,150 461 212
2017-12-31 1,089 454 190
2017-09-30 878 150
2017-06-30 667 -675 109
2017-03-31 535 -775 87
2016-12-31 402 -875 64
2016-06-30 1,329 260 81
2016-03-31 1,288 265 76

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Beijing Enterprises Environment Group's earnings are expected to grow by 13% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Beijing Enterprises Environment Group is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:BJG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Beijing Enterprises Environment Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:BJG Past Financials Data
Date (Data in HKD Millions) EPS *
2018-12-31 0.18
2018-09-30 0.17
2018-06-30 0.16
2018-03-31 0.14
2017-12-31 0.13
2017-09-30 0.10
2017-06-30 0.07
2017-03-31 0.06
2016-12-31 0.04
2016-06-30 0.05
2016-03-31 0.05

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Beijing Enterprises Environment Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Beijing Enterprises Environment Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Beijing Enterprises Environment Group has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Beijing Enterprises Environment Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Beijing Enterprises Environment Group's growth in the last year to its industry (Commercial Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Beijing Enterprises Environment Group has delivered over 20% year on year earnings growth in the past 5 years.
  • Beijing Enterprises Environment Group's 1-year earnings growth is less than its 5-year average (39.3% vs 53.5%)
  • Beijing Enterprises Environment Group's earnings growth has exceeded the Europe Commercial Services industry average in the past year (39.3% vs 16%).
Earnings and Revenue History
Beijing Enterprises Environment Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Beijing Enterprises Environment Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:BJG Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 1,270.14 265.01 121.36
2018-09-30 1,240.34 249.82 113.82
2018-06-30 1,210.55 234.63 106.29
2018-03-31 1,149.71 212.47 101.88
2017-12-31 1,088.87 190.31 97.48
2017-09-30 877.71 149.65 81.11
2017-06-30 666.55 108.99 79.01
2017-03-31 534.51 86.67 73.43
2016-12-31 402.47 64.36 67.86
2016-06-30 1,328.81 81.18 47.72
2016-03-31 1,287.76 76.11 39.48
2015-12-31 1,246.71 71.04 31.25
2015-06-30 162.95 22.52 29.60
2015-03-31 135.73 16.21 28.95
2014-12-31 108.52 9.91 28.30
2014-06-30 -52.56 4.91 2.04
2014-03-31 -26.28 -6.06 12.17
2013-12-31 -17.04 22.30
2013-09-30 213.73 -20.56 71.61
2013-06-30 234.40 -16.64 71.20
2013-03-31 221.39 -17.73 71.14
2012-12-31 208.39 -18.83 71.09
2012-09-30 199.41 32.74 71.74
2012-06-30 190.43 84.32 72.40

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Beijing Enterprises Environment Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Beijing Enterprises Environment Group used its assets less efficiently than the Europe Commercial Services industry average last year based on Return on Assets.
  • Beijing Enterprises Environment Group has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Beijing Enterprises Environment Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Commercial Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Beijing Enterprises Environment Group has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Beijing Enterprises Environment Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Beijing Enterprises Environment Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Beijing Enterprises Environment Group's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Beijing Enterprises Environment Group's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Beijing Enterprises Environment Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Beijing Enterprises Environment Group Company Filings, last reported 3 months ago.

DB:BJG Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 2,955.28 3,872.54 1,610.72
2018-09-30 2,955.28 3,872.54 1,610.72
2018-06-30 2,972.82 3,812.68 2,063.22
2018-03-31 2,972.82 3,812.68 2,063.22
2017-12-31 2,802.09 3,691.63 1,968.35
2017-09-30 2,802.09 3,691.63 1,968.35
2017-06-30 2,530.95 3,666.29 2,004.30
2017-03-31 2,530.95 3,666.29 2,004.30
2016-12-31 2,344.98 3,581.70 1,960.31
2016-06-30 2,085.02 785.12 1,949.32
2016-03-31 2,085.02 785.12 1,949.32
2015-12-31 2,098.93 783.39 1,862.37
2015-06-30 2,055.05 781.65 1,730.35
2015-03-31 2,055.05 781.65 1,730.35
2014-12-31 2,060.89 779.95 1,708.45
2014-06-30 2,011.42 87.18 1,150.91
2014-03-31 2,011.42 87.18 1,150.91
2013-12-31 929.06 272.54 1,195.33
2013-09-30 929.06 272.54 1,195.33
2013-06-30 924.74 269.45 1,127.22
2013-03-31 924.74 269.45 1,127.22
2012-12-31 715.18 0.00 665.64
2012-09-30 715.18 0.00 665.64
2012-06-30 708.71 0.00 644.37
  • Beijing Enterprises Environment Group's level of debt (131%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (28.7% vs 131% today).
  • Debt is not well covered by operating cash flow (12.1%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 11.9x coverage).
X
Financial health checks
We assess Beijing Enterprises Environment Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Beijing Enterprises Environment Group has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Beijing Enterprises Environment Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Beijing Enterprises Environment Group dividends.
If you bought €2,000 of Beijing Enterprises Environment Group shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Beijing Enterprises Environment Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Beijing Enterprises Environment Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:BJG Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Germany Commercial Services Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 3.3%
Germany Market Average Dividend Yield Market Cap Weighted Average of 325 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Beijing Enterprises Environment Group has not reported any payouts.
  • Unable to verify if Beijing Enterprises Environment Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Beijing Enterprises Environment Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Beijing Enterprises Environment Group has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Beijing Enterprises Environment Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Beijing Enterprises Environment Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Beijing Enterprises Environment Group has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Beijing Enterprises Environment Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jian Ke
COMPENSATION HK$120,000
AGE 49
CEO Bio

Mr. Jian Ke has been a Vice President of Beijing Enterprises Holdings Ltd. since April 2011. Mr. Ke serves as the Chief Executive Officer of Beijing Development Hong Kong Ltd. He serves as Vice Chairman of Beijing Development Hong Kong Ltd. and has been its Executive Director since August 29, 2013. He has been Executive Director of Beijing Enterprises Water Group Limited since June 2, 2011. He was appointed as Vice Chairman, Chief Executive Officer and an Executive Director of Beijing Enterprises Environment Group Limited. He has extensive experience in finance and corporate administration. He joined Beijing Enterprises Holdings, Ltd. in 1997. He is a PRC Senior Accountant, Certified Tax Agent and Senior International Finance Manager. Mr. Ke has Bachelor's Degree in Economics from Beijing College of Finance and Commerce and MBA from Murdoch University, Australia.

CEO Compensation
  • Jian's compensation has been consistent with company performance over the past year.
  • Jian's remuneration is lower than average for companies of similar size in Germany.
Management Team

Meng E

TITLE
Executive Chairman of the Board
COMPENSATION
HK$130K
AGE
59

Jian Ke

TITLE
Vice Chairman & CEO
COMPENSATION
HK$120K
AGE
49

Brian Ng

TITLE
Executive Director
COMPENSATION
HK$122K
AGE
62

Ning Sha

TITLE
VP & Executive Director
COMPENSATION
HK$120K
AGE
47
TENURE
10.1 yrs

Robin Wong

TITLE
Financial Controller & Company Secretary
AGE
51

Jicheng Li

TITLE
Chief Executive of VST
AGE
53
Board of Directors Tenure

Average tenure and age of the Beijing Enterprises Environment Group board of directors in years:

11.3
Average Tenure
60
Average Age
  • The average tenure for the Beijing Enterprises Environment Group board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Meng E

TITLE
Executive Chairman of the Board
COMPENSATION
HK$130K
AGE
59
TENURE
11.3 yrs

Jian Ke

TITLE
Vice Chairman & CEO
COMPENSATION
HK$120K
AGE
49

Brian Ng

TITLE
Executive Director
COMPENSATION
HK$122K
AGE
62

Ning Sha

TITLE
VP & Executive Director
COMPENSATION
HK$120K
AGE
47
TENURE
8.7 yrs

Lizuo Jin

TITLE
Independent Non-Executive Director
COMPENSATION
HK$150K
AGE
60
TENURE
14.6 yrs

Guocang Huan

TITLE
Independent Non-Executive Director
COMPENSATION
HK$150K
AGE
68
TENURE
11.3 yrs

Jianping Wang

TITLE
Independent Non-Executive Director
COMPENSATION
HK$150K
AGE
60
TENURE
11.3 yrs

Yongfeng Nie

TITLE
Independent Non-Executive Director
COMPENSATION
HK$150K
AGE
73
TENURE
5.3 yrs

Ming Cheung

TITLE
Independent Non-Executive Director
COMPENSATION
HK$150K
AGE
56
TENURE
4.7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Beijing Enterprises Environment Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Beijing Enterprises Environment Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Beijing Enterprises Environment Group Limited, an investment holding company, engages in the solid waste treatment business in Mainland China. The company is involved in the construction and operation of household waste incineration plants, as well as hazardous and medical waste treatment activities; and the sale of electricity and steam generated from waste incineration. It also provides construction and consultancy services; and invests in properties. The company was formerly known as Beijing Development (Hong Kong) Limited and changed its name to Beijing Enterprises Environment Group Limited in July 2016. Beijing Enterprises Environment Group Limited was incorporated in 1963. The company is based in Wanchai, Hong Kong. The company is considered a Red Chip company due to its listing on the Hong Kong Stock Exchange. Beijing Enterprises Environment Group Limited is a subsidiary of Idata Finance Trading Limited.

Details
Name: Beijing Enterprises Environment Group Limited
BJG
Exchange: DB
Founded: 1963
HK$137,090,291
1,500,360,150
Website: http://www.beegl.com.hk
Address: Beijing Enterprises Environment Group Limited
Central Plaza,
66th Floor,
Wanchai,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 154 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 02. Jan 1992
DB BJG Ordinary Shares Deutsche Boerse AG DE EUR 02. Jan 1992
Number of employees
Current staff
Staff numbers
1,171
Beijing Enterprises Environment Group employees.
Industry
Environmental and Facilities Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/17 23:08
End of day share price update: 2019/04/17 00:00
Last earnings filing: 2019/03/28
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.