Zhejiang Tengy Environmental Technology

SEHK:1527

Snowflake Description

Excellent balance sheet and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.

1527

SEHK

HK$409M

Market Cap

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Last updated 2019/04/25 13:52

Company description

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Zhejiang Tengy Environmental Technology has significant price volatility in the past 3 months.

1527 Share Price and Events

7 Day Returns

-3.2%

SEHK:1527

-3.9%

HK Machinery

-1.3%

HK Market

1 Year Returns

-29.5%

SEHK:1527

11.2%

HK Machinery

-5.7%

HK Market

1527 Shareholder Return

	7 Day	30 Day	90 Day	1 Year	3 Year	5 Year
Zhejiang Tengy Environmental Technology (1527)	-3.2%	-13.4%	-20.3%	-29.5%	-51.6%	-
HK Machinery	-3.9%	5.6%	24.2%	11.2%	66.1%	42%
HK Market	-1.3%	3.2%	9.8%	-5.7%	27%	20.8%

1 Year Return vs Industry and Market

1527 underperformed the Machinery industry which returned 11.2% over the past year.
1527 underperformed the Market in Hong Kong which returned -5.7% over the past year.

Price Volatility

1527

Industry

5yr Volatility vs Market

Related Companies

Sorry, no analysis for Zhejiang Tengy Environmental Technology's competitors could be found in our database.

Value

Is Zhejiang Tengy Environmental Technology 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

It is not possible to calculate the future cash flow value for Zhejiang Tengy Environmental Technology. This is due to cash flow or dividend data being unavailable. The share price is HK$3.03.

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 Zhejiang Tengy Environmental Technology's earnings, growth and assets is considered below, and whether this is a fair price.

Price based on past earnings

Are Zhejiang Tengy Environmental Technology's earnings available for a low price, and how does this compare to other companies in the same industry?

Raw Data

SEHK:1527 PE (Price to Earnings) Ratio Data Sources
Data Point	Source	Value
Earnings Per Share *	Company Filings (2018-12-31) in CNY	CN¥0.23
SEHK:1527 Share Price **	SEHK (2019-04-25) in HKD	HK$3.03
SEHK:1527 Share Price converted to CNY reporting currency	Exchange rate (HKD/ CNY) 0.857	CN¥2.6
Hong Kong Machinery Industry PE Ratio	Median Figure of 32 Publicly-Listed Machinery Companies	10.19x
Hong Kong Market PE Ratio	Median Figure of 1,476 Publicly-Listed Companies	12.09x

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

** Primary Listing of Zhejiang Tengy Environmental Technology.

SEHK:1527 PE (Price to Earnings) Ratio Calculation
	Calculation	Outcome
PE Ratio	= SEHK:1527 Share Price ÷ EPS (both in CNY) = 2.6 ÷ 0.23	11.22x

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

Zhejiang Tengy Environmental Technology is overvalued based on earnings compared to the HK Machinery industry average.
Zhejiang Tengy Environmental Technology is good value based on earnings compared to the Hong Kong market.

Price based on expected Growth

Does Zhejiang Tengy Environmental Technology's expected growth come at a high price?

Raw Data

SEHK:1527 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point	Source	Value
PE Ratio	See PE Ratio Section	11.22x
Net Income Annual Growth Rate	See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts	11.4%per year
Hong Kong Machinery Industry PEG Ratio	Median Figure of 11 Publicly-Listed Machinery Companies	0.91x
Hong Kong Market PEG Ratio	Median Figure of 465 Publicly-Listed Companies	0.86x

*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 Zhejiang Tengy Environmental Technology, we can't assess if its growth is good value.

Price based on value of assets

What value do investors place on Zhejiang Tengy Environmental Technology's assets?

Raw Data

SEHK:1527 PB (Price to Book) Ratio Data Sources
Data Point	Source	Value
Book Value per Share	Company Filings (2018-12-31) in CNY	CN¥5.34
SEHK:1527 Share Price *	SEHK (2019-04-25) in HKD	HK$3.03
SEHK:1527 Share Price converted to CNY reporting currency	Exchange rate (HKD/ CNY) 0.857	CN¥2.6
Hong Kong Machinery Industry PB Ratio	Median Figure of 46 Publicly-Listed Machinery Companies	0.89x
Hong Kong Market PB Ratio	Median Figure of 2,150 Publicly-Listed Companies	1.02x

SEHK:1527 PB (Price to Book) Ratio Calculation
	Calculation	Outcome
PB Ratio	= SEHK:1527 Share Price ÷ Book Value per Share (both in CNY) = 2.6 ÷ 5.34	0.49x

* Primary Listing of Zhejiang Tengy Environmental Technology.

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

Zhejiang Tengy Environmental Technology is good value based on assets compared to the HK Machinery industry average.

Value checks

We assess Zhejiang Tengy Environmental Technology's value by looking at:

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. )
Is the PE ratio less than the market average, and/ or less than the Machinery industry average (and greater than 0)? (2 checks)
Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
Is the PB ratio less than the Machinery industry average (and greater than 0)? (1 check)

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

Future Performance

How is Zhejiang Tengy Environmental Technology expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

No analysts cover Zhejiang Tengy Environmental Technology, 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!

11.4%

Expected annual growth in earnings.

Earnings growth vs Low Risk Savings

Is Zhejiang Tengy Environmental Technology expected to grow at an attractive rate?

Zhejiang Tengy Environmental Technology's earnings growth is expected to exceed the low risk savings rate of 2%.

Growth vs Market Checks

Zhejiang Tengy Environmental Technology's earnings growth is positive but not above the Hong Kong market average.
Unable to compare Zhejiang Tengy Environmental Technology's revenue growth to the Hong Kong market average as no estimate data is available.

Annual Growth Rates Comparison

Raw Data

SEHK:1527 Future Growth Rates Data Sources
Data Point	Source	Value (per year)
SEHK:1527 Future Earnings Growth Rate	Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts	11.4%
Hong Kong Machinery Industry Earnings Growth Rate	Market Cap Weighted Average	13%
Hong Kong Machinery Industry Revenue Growth Rate	Market Cap Weighted Average	10.1%
Hong Kong Market Earnings Growth Rate	Market Cap Weighted Average	11.9%
Hong Kong Market Revenue Growth Rate	Market Cap Weighted Average	11.2%

*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

SEHK:1527 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 CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1527 Future Estimates Data
Date (Data in CNY Millions)	Revenue	Cash Flow	Net Income *	Avg. No. Analysts

SEHK:1527 Past Financials Data
Date (Data in CNY Millions)	Revenue	Cash Flow	Net Income *
2018-12-31	859	-76	31
2018-09-30	846		58
2018-06-30	833	-2	84
2018-03-31	812	-12	84
2017-12-31	792	3	83
2017-09-30	831		81
2017-06-30	870	6	80
2017-03-31	913	6	93
2016-12-31	956	6	105
2016-09-30	1,024	-46	122
2016-06-30	1,050	-99	132
2016-03-31	996	-84	110

*GAAP earnings excluding extraordinary items.

High Growth Checks

Zhejiang Tengy Environmental Technology's earnings are expected to grow by 11.4% yearly, however this is not considered high growth (20% yearly).
Unable to determine if Zhejiang Tengy Environmental Technology 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

SEHK:1527 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 Zhejiang Tengy Environmental Technology Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1527 Future Estimates Data
Date (Data in CNY Millions)	EPS *	EPS High Estimate	EPS Low Estimate	Avg. No. Analysts

SEHK:1527 Past Financials Data
Date (Data in CNY Millions)	EPS *
2018-12-31	0.23
2018-09-30	0.43
2018-06-30	0.62
2018-03-31	0.62
2017-12-31	0.62
2017-09-30	0.60
2017-06-30	0.59
2017-03-31	0.69
2016-12-31	0.78
2016-09-30	0.94
2016-06-30	1.05
2016-03-31	0.95

*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 Zhejiang Tengy Environmental Technology will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Future performance checks

We assess Zhejiang Tengy Environmental Technology's future performance by looking at:

Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Hong Kong market? (1 check)
Is the annual earnings growth rate expected to be above 20%? (1 check)
Is the annual revenue growth rate expected to be above 20%? (1 check)
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.
Zhejiang Tengy Environmental Technology has a total score of 1/6, 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 Zhejiang Tengy Environmental Technology 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 Zhejiang Tengy Environmental Technology's growth in the last year to its industry (Machinery).

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.

Zhejiang Tengy Environmental Technology's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
Zhejiang Tengy Environmental Technology's 1-year earnings growth is negative, it can't be compared to the 5-year average.
Zhejiang Tengy Environmental Technology's 1-year earnings growth is negative, it can't be compared to the HK Machinery industry average.

Earnings and Revenue History

Zhejiang Tengy Environmental Technology'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 Zhejiang Tengy Environmental Technology Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1527 Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions)	Revenue	Net Income *	G+A Expenses
2018-12-31	858.82	31.24	92.27
2018-09-30	845.81	57.61	91.04
2018-06-30	832.81	83.98	89.81
2018-03-31	812.48	83.57	91.24
2017-12-31	792.15	83.16	92.68
2017-09-30	830.89	81.48	102.48
2017-06-30	869.62	79.79	112.28
2017-03-31	913.03	92.64	107.90
2016-12-31	956.43	105.50	103.53
2016-09-30	1,023.77	122.39	77.93
2016-06-30	1,049.98	131.78	68.92
2016-03-31	995.58	110.34	61.30
2015-12-31	919.98	96.47	49.28
2015-03-31	801.08	83.60	33.52
2014-12-31	781.91	74.19	33.80
2013-12-31	594.06	25.83	34.31
2012-12-31	553.54	20.90	27.46

*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.

Zhejiang Tengy Environmental Technology has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Zhejiang Tengy Environmental Technology used its assets less efficiently than the HK Machinery industry average last year based on Return on Assets.
Zhejiang Tengy Environmental Technology's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).

Past performance checks

We assess Zhejiang Tengy Environmental Technology's performance over the past 5 years by checking for:

Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the Machinery industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
Zhejiang Tengy Environmental Technology has a total score of 0/6, 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 Zhejiang Tengy Environmental Technology'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 Zhejiang Tengy Environmental Technology's finances.

The net worth of a company is the difference between its assets and liabilities.

Net Worth

Zhejiang Tengy Environmental Technology is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Zhejiang Tengy Environmental Technology has no long term commitments.

Balance sheet

This treemap shows a more detailed breakdown of Zhejiang Tengy Environmental Technology'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.

High level of physical assets or inventory.
Debt is covered by short term assets, assets are 12.3x 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 Zhejiang Tengy Environmental Technology Company Filings, last reported 3 months ago.

SEHK:1527 Past Debt and Equity Data
Date (Data in CNY Millions)	Total Equity	Total Debt	Cash & Short Term Investments
2018-12-31	721.23	109.00	16.43
2018-09-30	721.23	109.00	16.43
2018-06-30	723.12	114.00	57.83
2018-03-31	723.12	114.00	57.83
2017-12-31	689.99	110.00	47.71
2017-09-30	689.99	110.00	47.71
2017-06-30	765.77	110.00	136.91
2017-03-31	765.77	110.00	136.91
2016-12-31	606.83	119.00	160.83
2016-09-30	724.29	119.00	160.83
2016-06-30	669.32	119.00	139.60
2016-03-31	669.32	119.00	139.60
2015-12-31	611.29	174.00	209.94
2015-03-31	255.90	174.04	5.73
2014-12-31	240.76	173.00	3.29
2013-12-31	216.57	138.00	15.17
2012-12-31	190.74	123.00	5.91

Zhejiang Tengy Environmental Technology's level of debt (15.1%) compared to net worth is satisfactory (less than 40%).
The level of debt compared to net worth has been reduced over the past 5 years (63.7% vs 15.1% today).
Operating cash flow is negative therefore debt is not well covered.
Interest payments on debt are well covered by earnings (EBIT is 9.6x coverage).

Show me more healthy companies in the Machinery industry

Financial health checks

We assess Zhejiang Tengy Environmental Technology's financial health by checking for:

Are short term assets greater than short term liabilities? (1 check)
Are short term assets greater than long term liabilities? (1 check)
Has the debt to equity ratio increased in the past 5 years? (1 check)
Is the debt to equity ratio over 40%? (1 check)
Is the debt covered by operating cash flow? (1 check)
Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)

For companies that are loss making and have been so on average in the past we replace the last 2 checks with:

Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
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 Zhejiang Tengy Environmental Technology'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

Current annual income from Zhejiang Tengy Environmental Technology dividends.

If you bought HK$2,000 of Zhejiang Tengy Environmental Technology shares you are expected to receive HK$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 Zhejiang Tengy Environmental Technology's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
Unable to evaluate Zhejiang Tengy Environmental Technology'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

SEHK:1527 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
Hong Kong Machinery Industry Average Dividend Yield	Market Cap Weighted Average of 24 Stocks	4.8%
Hong Kong Market Average Dividend Yield	Market Cap Weighted Average of 966 Stocks	3.4%
Hong Kong Minimum Threshold Dividend Yield	10th Percentile	1.1%
Hong Kong Bottom 25% Dividend Yield	25th Percentile	2%
Hong Kong Top 25% Dividend Yield	75th Percentile	5.4%

Industry and Market average data is calculated daily.

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

SEHK:1527 Future Dividends Estimate Data
Date (Data in CN¥)	Dividend per Share (annual)	Avg. No. Analysts

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

Unable to perform a dividend volatility check as Zhejiang Tengy Environmental Technology has not reported any payouts.
Unable to verify if Zhejiang Tengy Environmental Technology's dividend has been increasing as the company has not reported any payouts.

Current Payout to shareholders

What portion of Zhejiang Tengy Environmental Technology's earnings are paid to the shareholders as a dividend.

Unable to calculate sustainability of dividends as Zhejiang Tengy Environmental Technology 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.

Income/ dividend checks

We assess Zhejiang Tengy Environmental Technology's dividend by checking for:

Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
Is current dividend yield above the bottom 25% of dividend payers? (1 check)
Is current dividend yield above the top 25% of dividend payers? (1 check)
Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
If they have paid a dividend for 10 years has it increased in this time? (1 check)
How sustainable is the dividend, can Zhejiang Tengy Environmental Technology afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)

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

Management

What is the CEO of Zhejiang Tengy Environmental Technology'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

Yu Bian

COMPENSATION	CN¥506,000
AGE	35
TENURE AS CEO	1.3 years

CEO Bio

Mr. Yu Bian has been the Chairman and Executive Director at Zhejiang Tengy Environmental Technology Co.,Ltd since December 28, 2009 and has been its General Manager since January 5, 2018. Mr. Bian has approximately 11 years of experience in the business of provision of atmospheric pollution control solutions. Mr. Bian has been an Executive Director of Zhuji City Tianjie Electronic and Technology Co., Ltd., Zhuji City Tianjie Installation Engineering Co., Ltd and Turpan Environmental Technology Co., Ltd since June 2009, March 2008 and July 2013 respectively. Mr. Bian has worked as a Director of Tengy Group Limited, also known as Tianjie Group Co., Ltd since August 2003. He was responsible for the overall strategies, planning and business development of TGL. He focused on the management of the business of the provision of atmospheric pollution control solutions carried on by TGL prior to the establishment of Zhejiang Tengy Environmental Technology Co.,Ltd in December 2009. From September 2005 to December 2007, he has served in various positions such as General Commander and General Manager in different departments in the subsidiaries of TGL such as Zhejiang Tianjie Special Steel Co., Ltd., Zhejiang Tianjie New Materials Co., Ltd. and Zhejiang Tianjie Magnetic Materials Co., Ltd., which were principally engaged in manufacturing, processing and marketing of steel blade and he was mainly responsible for the overall operation and production management. Mr. Bian graduated with a bachelor’s degree in mechanical engineering and automation from Zhejiang University in June 2005. He obtained his master of science degree in corporate and international finance from University of Durham in the United Kingdom in January 2008.

CEO Compensation

Yu's compensation has been consistent with company performance over the past year.
Yu's remuneration is lower than average for companies of similar size in Hong Kong.

Management Team Tenure

Average tenure and age of the Zhejiang Tengy Environmental Technology management team in years:

1.6

Average Tenure

Average Age

The average tenure for the Zhejiang Tengy Environmental Technology management team is less than 2 years, this suggests a new team.

Management Team

Yu Bian

TITLE

Chairman & GM

COMPENSATION

CN¥506K

AGE

35

TENURE

1.3 yrs

Shu Bian

TITLE

Deputy GM of Administration Department & Executive Director

COMPENSATION

CN¥184K

AGE

37

TENURE

4.6 yrs

Weican Bian

TITLE

Deputy GM & Executive Director

COMPENSATION

CN¥212K

AGE

58

Jinxin Qiu

TITLE

Deputy General Manager

COMPENSATION

CN¥352K

AGE

56

TENURE

1.9 yrs

Fengdi Wu

TITLE

Chief Financial Officer

AGE

35

TENURE

1.2 yrs

Xinhua Chen

TITLE

Chairman of Supervisors & Head of the Procurement Department

AGE

55

Qiong Shen

TITLE

Joint Company Secretary

AGE

34

TENURE

4.4 yrs

Hon Kit Wong

TITLE

Joint Company Secretary

AGE

28

TENURE

1.2 yrs

Board of Directors Tenure

Average tenure and age of the Zhejiang Tengy Environmental Technology board of directors in years:

4.6

Average Tenure

Average Age

The tenure for the Zhejiang Tengy Environmental Technology board of directors is about average.

Board of Directors

Jianguang Bian

TITLE

Vice-Chairman of the Board

COMPENSATION

CN¥150K

AGE

63

TENURE

9.3 yrs

Yu Bian

TITLE

Chairman & GM

COMPENSATION

CN¥506K

AGE

35

TENURE

9.3 yrs

Shu Bian

TITLE

Deputy GM of Administration Department & Executive Director

COMPENSATION

CN¥184K

AGE

37

TENURE

2.8 yrs

Weican Bian

TITLE

Deputy GM & Executive Director

COMPENSATION

CN¥212K

AGE

58

TENURE

9.3 yrs

Xinhua Chen

TITLE

Chairman of Supervisors & Head of the Procurement Department

AGE

55

Bing Zhang

TITLE

Independent Non-Executive Director

COMPENSATION

CN¥60K

AGE

36

TENURE

4.6 yrs

Jonas Fung

TITLE

Independent Non-Executive Director

AGE

37

TENURE

1.1 yrs

Yuanyuan Zhang

TITLE

Non-Executive Director

COMPENSATION

CN¥184K

AGE

37

TENURE

9.3 yrs

Jiancheng Chen

TITLE

Non-Executive Director

AGE

55

TENURE

1.3 yrs

Jiannan Li

TITLE

Independent Non Executive Director

TENURE

0.6 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 (HK$)	Value (HK$)
13. Aug 18	Sell	Er Jun Shou	Individual			25. Jul 18	25. Jul 18	-4,000,000	HK$4.40	HK$-17,600,008

Management checks

We assess Zhejiang Tengy Environmental Technology's management by checking for:

Is the CEO's compensation unreasonable compared to market cap? (1 check)
Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
Is the average tenure of the management team less than 2 years? (1 check)
Is the average tenure of the board of directors team less than 3 years? (1 check)

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

Did Zhejiang Tengy Environmental Technology Co., Ltd (HKG:1527) Insiders Sell Shares?

We often see insiders buying up shares in companies that perform well over the long term. … So we'll take a look at whether insiders have been buying or selling shares in Zhejiang Tengy Environmental Technology Co., Ltd (HKG:1527). … The Last 12 Months Of Insider Transactions At Zhejiang Tengy Environmental Technology.

Simply Wall St - 2 weeks ago – Full article

Introducing Zhejiang Tengy Environmental Technology (HKG:1527), The Stock That Dropped 38% In The Last Three Years

Unfortunately, that's been the case for longer term Zhejiang Tengy Environmental Technology Co., Ltd (HKG:1527) shareholders, since the share price is down 38% in the last three years, falling well short of the market return of around 45%. … And over the last year the share price fell 23%, so we doubt many shareholders are delighted. … During the three years that the share price fell, Zhejiang Tengy Environmental Technology's earnings per share (EPS) dropped by 9.4% each year.

Simply Wall St - 1 month ago – Full article

What Investors Should Know About Zhejiang Tengy Environmental Technology Co., Ltd's (HKG:1527) Financial Strength

Investors are always looking for growth in small-cap stocks like Zhejiang Tengy Environmental Technology Co., Ltd (HKG:1527), with a market cap of HK$532m. … However, an important fact which most ignore is: how financially healthy is the business?

Simply Wall St - 2 months ago – Full article

Could Zhejiang Tengy Environmental Technology Co., Ltd's (HKG:1527) Investor Composition Influence The Stock Price?

The big shareholder groups in Zhejiang Tengy Environmental Technology Co., Ltd (HKG:1527) have power over the company. … Zhejiang Tengy Environmental Technology is a smaller company with a market capitalization of HK$513m, so it may still be flying under the radar of many institutional investors. … Our analysis of the ownership of the company, below, shows that.

Simply Wall St - 2 months ago – Full article

Is Zhejiang Tengy Environmental Technology Co., Ltd (HKG:1527) Struggling With Its 15% Return On Capital Employed?

Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … What is Return On Capital Employed (ROCE)? … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.

Simply Wall St - 3 months ago – Full article

Are Insiders Selling Zhejiang Tengy Environmental Technology Co., Ltd (HKG:1527) Stock?

So we'll take a look at whether insiders have been buying or selling shares in Zhejiang Tengy Environmental Technology Co., Ltd (HKG:1527). … The Last 12 Months Of Insider Transactions At Zhejiang Tengy Environmental Technology. … That means that even when the share price was below the current price of HK$4.44, an insider wanted to cash in some shares.

Simply Wall St - 4 months ago – Full article

Here's What Zhejiang Tengy Environmental Technology Co Ltd's (HKG:1527) P/E Ratio Is Telling Us

To keep it practical, we'll show how Zhejiang Tengy Environmental Technology Co Ltd's (HKG:1527) P/E ratio could help you assess the value on offer. … Zhejiang Tengy Environmental Technology has a price to earnings ratio of 6.02, based on the last twelve months. … Price to Earnings Ratio = Share Price (in reporting currency) ÷ Earnings per Share (EPS)

Simply Wall St - 4 months ago – Full article

Is Zhejiang Tengy Environmental Technology Co Ltd's (HKG:1527) Balance Sheet Strong Enough To Weather A Storm?

However, an important fact which most ignore is: how financially healthy is the business? … So, understanding the company's financial health becomes. … Here are a few basic checks that are good enough to have a broad overview of the company’s financial strength.

Simply Wall St - 5 months ago – Full article

Zhejiang Tengy Environmental Technology Co Ltd (HKG:1527): The Return Story

and want a simplistic look at the return on Zhejiang Tengy Environmental Technology Co Ltd (HKG:1527) stock. … Thus, to understand how your money can grow by investing in Zhejiang Tengy Environmental Technology, you need to look at what the company returns to owners for the use of their capital, which can be done in many ways but today we will use return on capital employed (ROCE) … See our latest analysis for Zhejiang Tengy Environmental Technology

Simply Wall St - 6 months ago – Full article

Zhejiang Tengy Environmental Technology Co Ltd (HKG:1527): How Does It Impact Your Portfolio?

Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Before we go on, it's worth noting that Warren Buffett pointed out in his 2014 letter to shareholders that 'volatility is far from synonymous with risk.' Having said that, beta can still be rather useful.

Simply Wall St - 8 months ago – Full article

Company Info

Description

Zhejiang Tengy Environmental Technology Co., Ltd, together with its subsidiaries, engages in the design, development, manufacture, installation, and sale of environmental pollution prevention equipment and electronic products in Mainland China and internationally. The company offers electrostatic precipitators, bag filter precipitators, electrostatic-bag composite precipitators, and wet electrostatic precipitators. Its precipitators are installed at coal-fired power plants, metallurgical plants, paper mills, and other industrial production plants. The company also offers installation services. Its customers include project owners of power plants and industrial production plants, or contractors who undertake the construction work of power plants and industrial production plants. The company was founded in 1995 and is headquartered in Zhuji, China. Zhejiang Tengy Environmental Technology Co., Ltd is a subsidiary of Tengy Group Limited.

Details

Name:	Zhejiang Tengy Environmental Technology Co., Ltd
Ticker:	1527
Exchange:	SEHK
Founded:	1995
Market Cap:	HK$409,050,000
Shares outstanding:	135,000,000
Website:	http://www.tengy.com
Address:	Zhejiang Tengy Environmental Technology Co., Ltd TENGY Industrial Park, Paitou Town, Zhuji, Zhejiang Province, China

Listings

	Exchange Symbol	Ticker Symbol	Security	Exchange	Country	Currency	Listed on
	SEHK	1527	Foreign Shares-Foreign Listed Shares	The Stock Exchange of Hong Kong Ltd.	HK	HKD	12. Oct 2015

Number of employees

Current staff

617

Zhejiang Tengy Environmental Technology employees.

Industry

Industry:	Industrial Machinery
Sector:	Capital Goods

Company Analysis and Financial Data Status

Area	Date (UTC time)
Company Analysis updated:	2019/04/25 13:52
End of day share price update:	2019/04/25 00:00
Last estimates confirmation:	2018/03/23
Last earnings filing:	2019/04/15
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.

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