Datang Environment Industry Group
Market Cap
HK$4.5b
Last Updated
2020/01/23 13:04 UTC
Data Sources
Company Financials
Executive Summary
Datang Environment Industry Group Co., Ltd.
Rewards
Risk Analysis
Snowflake Analysis
Undervalued with adequate balance sheet.
Similar Companies
Share Price & News
How has Datang Environment Industry Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1272 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0%
1272
-0.4%
HK Commercial Services
-1.4%
HK Market
1 Year Return
-28.6%
1272
41.2%
HK Commercial Services
3.5%
HK Market
Return vs Industry: 1272 underperformed the Hong Kong Commercial Services industry which returned 38.9% over the past year.
Return vs Market: 1272 underperformed the Hong Kong Market which returned 6.4% over the past year.
Shareholder returns
| 1272 | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | -0.4% | -1.4% |
| 30 Day | 11.1% | 8.6% | 1.8% |
| 90 Day | -10.7% | 12.5% | 6.0% |
| 1 Year | -23.4%-28.6% | 44.6%41.2% | 7.3%3.5% |
| 3 Year | -45.2%-53.8% | -28.9%-34.1% | 23.3%10.8% |
| 5 Year | n/a | -43.1%-49.2% | 19.2%-0.7% |
Price Volatility Vs. Market
How volatile is Datang Environment Industry Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Are Datang Environment Industry Group's (HKG:1272) Statutory Earnings A Good Reflection Of Its Earnings Potential?1 month ago | Simply Wall St
Does Datang Environment Industry Group Co., Ltd. (HKG:1272) Have A Good P/E Ratio?1 month ago | Simply Wall St
Here's Why Datang Environment Industry Group (HKG:1272) Is Weighed Down By Its Debt LoadValuation
Is Datang Environment Industry Group undervalued compared to its fair value and its price relative to the market?
37.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 1272 (HK$1.5) is trading below our estimate of fair value (HK$2.45)
Significantly Below Fair Value: 1272 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 1272 is good value based on its PE Ratio (9x) compared to the Commercial Services industry average (12.2x).
PE vs Market: 1272 is good value based on its PE Ratio (9x) compared to the Hong Kong market (10.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 1272's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 1272 is good value based on its PB Ratio (0.6x) compared to the HK Commercial Services industry average (1.2x).
Next Steps
Future Growth
How is Datang Environment Industry Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
26.8%
Forecasted Commercial Services industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Datang Environment Industry Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine whether Datang Environment Industry Group is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Datang Environment Industry Group competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Commercial Services industry.
Past Performance
How has Datang Environment Industry Group performed over the past 5 years?
-2.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1272 has high quality earnings.
Growing Profit Margin: 1272's current net profit margins (6.3%) are lower than last year (10.2%).
Past Earnings Growth Analysis
Earnings Trend: 1272's earnings have declined by -2.8% per year over the past 5 years.
Accelerating Growth: 1272's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 1272 had negative earnings growth (-46.8%) over the past year, making it difficult to compare to the Commercial Services industry average (9.3%).
Return on Equity
High ROE: 1272's Return on Equity (6.2%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Datang Environment Industry Group's financial position?
Financial Position Analysis
Short Term Liabilities: 1272's short term assets (CN¥12.2B) exceed its short term liabilities (CN¥10.4B).
Long Term Liabilities: 1272's short term assets (CN¥12.2B) exceed its long term liabilities (CN¥2.8B).
Debt to Equity History and Analysis
Debt Level: 1272's debt to equity ratio (78.3%) is considered high.
Reducing Debt: 1272's debt to equity ratio has reduced from 228.7% to 78.3% over the past 5 years.
Debt Coverage: 1272's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1272's interest payments on its debt are well covered by EBIT (3.6x coverage).
Balance Sheet
Inventory Level: 1272 has a high level of physical assets or inventory.
Debt Coverage by Assets: 1272's debt is covered by short term assets (assets are 2.2x debt).
Next Steps
Dividend
What is Datang Environment Industry Group's current dividend yield, its reliability and sustainability?
8.25%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 1272's dividend (8.28%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.17%).
High Dividend: 1272's dividend (8.28%) is in the top 25% of dividend payers in the Hong Kong market (6.02%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, 1272 has been paying a dividend for less than 10 years.
Growing Dividend: 1272 has only been paying a dividend for 3 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (74.1%), 1272's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
What is the CEO of Datang Environment Industry Group's salary, the management and board of directors tenure and is there insider trading?
1.4yrs
Average management tenure
CEO
Guoli Hou (56yo)
0.8yrs
Tenure
Mr. Guoli Hou has been Executive Director of Datang Environment Industry Group Co., Ltd. since October 31, 2019. Mr. Hou serves as General Manager of Datang Environment Industry Group Co., Ltd. since March ...
Management Age and Tenure
1.4yrs
Average Tenure
47yo
Average Age
Experienced Management: 1272's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Board Age and Tenure
1.2yrs
Average Tenure
55yo
Average Age
Experienced Board: 1272's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Song Chen (51yo)
Chief Accountant
- Tenure: 0.5yrs
Zhen Shen (47yo)
Non-Executive Director
- Tenure: 1.2yrs
- Compensation: CN¥37.00k
Hui Mao (44yo)
Deputy General Manager
- Tenure: 2.8yrs
Xiuguang Liang (40yo)
Deputy General Manager
- Tenure: 1.8yrs
Mei Zhu (52yo)
Deputy GM
- Tenure: 1.5yrs
Weihua Liu (58yo)
Deputy General Manager
- Tenure: 1.4yrs
Haitao Ren (46yo)
Deputy General Manager
- Tenure: 1.4yrs
Changqing Wang (47yo)
Deputy General Manager
- Tenure: 1.4yrs
Guoli Hou (56yo)
Executive Director & General Manager
- Tenure: 0.8yrs
Haijie Wang
Deputy General Manager
- Tenure: 0.8yrs
Board Members
Xiang Ye (55yo)
Independent Non-Executive Director
- Tenure: 4.6yrs
- Compensation: CN¥100.00k
Yaohua Jin (59yo)
Chairman
Zhuanjian Mao (66yo)
Independent Non-Executive Director
- Tenure: 4.6yrs
- Compensation: CN¥100.00k
Jiaxiang Gao (45yo)
Independent Non-Executive Director
- Tenure: 3.8yrs
- Compensation: CN¥100.00k
Zhenyu Li (44yo)
Non-Executive Director
- Tenure: 0.3yrs
Zhen Shen (47yo)
Non-Executive Director
- Tenure: 1.2yrs
- Compensation: CN¥37.00k
Li Chen (52yo)
Employee Representative Supervisor
- Tenure: 2yrs
Quancheng Liu (56yo)
Non-Executive Director
- Tenure: 0.3yrs
Guoli Hou (56yo)
Executive Director & General Manager
- Tenure: 0.8yrs
Ruixiang Liu (55yo)
Non-Executive Director
- Tenure: 0.3yrs
Company Information
Datang Environment Industry Group Co., Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Datang Environment Industry Group Co., Ltd.
- Ticker: 1272
- Exchange: SEHK
- Founded: 1984
- Industry: Environmental and Facilities Services
- Sector: Commercial Services
- Market Cap: HK$4.451b
- Shares outstanding: 2.97b
- Website: https://www.dteg.com.cn
Number of Employees
Location
- Datang Environment Industry Group Co., Ltd.
- No. 120 Zizhuyuan Road
- Haidian District
- Beijing
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 1272 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Foreign Shares Foreign Listed | HK | HKD | Nov 2016 |
Biography
Datang Environment Industry Group Co., Ltd. provides environmental protection and energy conservation solutions to coal-fired power generation enterprises in the People's Republic of China. The company operates through Environmental Protection and Energy Conservation Solutions; Renewable Energy Engineering; Thermal Power Engineering; and Other Businesses segments. The Environmental Protection and Energy Conservation Solutions segment engages in the flue gas desulfurization and denitrification facilities concession operation business for coal-fired power plants; the manufacture and sale of denitrification catalysts; engineering business for coal-fired power plants, including the engineering of denitrification, desulfurization, dust removal, ash and slag handling, other environmental protection facilities, and industrial site dust management related engineering; water treatment business; and energy conservation business, such as energy conservation engineering and energy management contract. The Renewable Energy Engineering segment provides engineering general contracting services for newly-built wind power plants, biomass power plants, and photovoltaic power plants. The Thermal Power Engineering segment offers engineering, procurement, and construction services for thermal power plants. The Other Businesses engages in the fiberglass chimney anti-corrosion, air cooling system engineering general contracting, and coal yard monitoring system upgrade. The company was founded in 1984 and is headquartered in Beijing, the People's Republic of China. Datang Environment Industry Group Co., Ltd. is a subsidiary of China Datang Corporation Ltd.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/01/23 13:04 |
| End of Day Share Price | 2020/01/22 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.