Announcement • Jul 28
China Everbright Environment Group Limited to Report First Half, 2026 Results on Aug 28, 2026 China Everbright Environment Group Limited announced that they will report first half, 2026 results on Aug 28, 2026 Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Kai Man Fok was the last independent director to join the board, commencing their role in 2026. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Mar 20
China Everbright Environment Group Limited, Annual General Meeting, May 27, 2026 China Everbright Environment Group Limited, Annual General Meeting, May 27, 2026. Announcement • Jan 16
China Everbright Environment Group Limited to Report Fiscal Year 2025 Results on Mar 20, 2026 China Everbright Environment Group Limited announced that they will report fiscal year 2025 results on Mar 20, 2026 Announcement • Jul 18
China Everbright Environment Group Limited to Report First Half, 2025 Results on Aug 22, 2025 China Everbright Environment Group Limited announced that they will report first half, 2025 results on Aug 22, 2025 Announcement • May 29
China Everbright Environment Group Limited Approves Final Dividend for the Year Ended 31 December 2024 China Everbright Environment Group Limited at its Annual General Meeting Held on 29 May 2025, approved to declare a final dividend of HK 9.0 cents per share for the year ended 31 December 2024. Announcement • Jan 17
China Everbright Environment Group Limited to Report Fiscal Year 2024 Results on Mar 25, 2025 China Everbright Environment Group Limited announced that they will report fiscal year 2024 results on Mar 25, 2025 Announcement • Sep 27
China Everbright Environment Group Limited Announces Board and Board Committee Changes The board (the "Board") of directors (the "Director(s)") of China Everbright Environment Group Limited announced that, due to the age-related reason, Mr. Huang Haiqing ("Mr. Huang") resigned as the executive director (the "Executive Director") and Chairman of the Board (the "Chairman of the Board"), the chairman of the nomination committee (the "Nomination Committee"), a member of the remuneration committee (the "Remuneration Committee") and the authorised representative (the "Authorised Representative") of the Company under Rule 3.05 of the Rules Governing the Listing of Securities (the "Listing Rules") on The Stock Exchange of Hong Kong Limited (the "Stock Exchange"), with effect from 27 September 2024. Mr. Huang has been the Executive Director and Chairman of the Board since June 2022, he has demonstrated dedication and diligence in serving the Group during his tenure. The Board would like to take this opportunity to express its sincere gratitude to Mr. Huang for his valuable contributions to the Group. With effect from 27 September 2024, after considering the recommendation of the Nomination Committee, the Board appointed Mr. Wang Silian ("Mr. Wang") as the Executive Director and Chairman of the Board, the chairman of the Nomination Committee and a member of the Remuneration Committee. At the same time, the Board also appointed Mr. Wang as the Authorised Representative. Mr. Wang was also appointed in place of Mr. Huang as the non-executive director and chairman of the board of directors, and chairman of the nomination committee of China Everbright Greentech Limited, a subsidiary of the Company which is listed on the Main Board of the Stock Exchange. Mr. Wang, aged 51, prior to joining the Group, Mr. Wang was the vice chairman and president of China CYTS Tours Holding Co. Ltd. (the shares of which are listed on the Shanghai Stock Exchange ("SSE")) and the chairman of Bravolinks Integrated Marketing Co. Ltd. (the shares of which are listed on the National Equities Exchange and Quotations), both of which are connected persons of the Company. He was also the deputy general manager of the Human Resources Department of China Everbright Bank Company Limited (the shares of which are listed on the Stock Exchange and SSE), a subsidiary of China Everbright Group Ltd., which is an indirect controlling shareholder of the Company. Mr. Wang holds a master degree in military science from the Dalian Naval Academy of the People's Liberation Army Navy. Upcoming Dividend • Sep 16
Upcoming dividend of HK$0.14 per share Eligible shareholders must have bought the stock before 23 September 2024. Payment date: 18 October 2024. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 6.5%. Lower than top quartile of Hong Kong dividend payers (8.7%). Higher than average of industry peers (5.8%). Reported Earnings • Aug 28
First half 2024 earnings released: EPS: HK$0.40 (vs HK$0.45 in 1H 2023) First half 2024 results: EPS: HK$0.40 (down from HK$0.45 in 1H 2023). Revenue: HK$15.6b (down 4.2% from 1H 2023). Net income: HK$2.45b (down 12% from 1H 2023). Profit margin: 16% (down from 17% in 1H 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 3 years compared to a 6.1% growth forecast for the Commercial Services industry in Hong Kong. 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 12% per year, which means it has not declined as severely as earnings. Announcement • Aug 26
China Everbright Environment Group Limited Announces Interim Dividend for the Six Months Ended June 30, 2024, Payable on October 18, 2024 China Everbright Environment Group Limited announced interim dividend of HKD 0.14 per share for the six months ended June 30, 2024. Ex-dividend date is September 23, 2024; Record date is September 27, 2024; Payment date is October 18, 2024. Announcement • Jul 22
China Everbright Environment Group Limited to Report First Half, 2024 Results on Aug 26, 2024 China Everbright Environment Group Limited announced that they will report first half, 2024 results on Aug 26, 2024 Buy Or Sell Opportunity • Jul 16
Now 23% undervalued Over the last 90 days, the stock has risen 15% to HK$3.52. The fair value is estimated to be HK$4.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Earnings per share has declined by 16%. For the next 3 years, revenue is forecast to decline by 0.3% per annum. Earnings are forecast to grow by 1.7% per annum over the same time period. Buy Or Sell Opportunity • Jun 17
Now 21% undervalued Over the last 90 days, the stock has risen 18% to HK$3.60. The fair value is estimated to be HK$4.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Earnings per share has declined by 16%. For the next 3 years, revenue is forecast to grow by 0.03% per annum. Earnings are also forecast to grow by 2.7% per annum over the same time period. Announcement • May 31
China Everbright Environment Group Limited Approves Final Dividend for the Year Ended 31 December 2023 China Everbright Environment Group Limited at its AGM held on May 30, 2024 approved final dividend of HKD 8.0 cents per share for the year ended 31 December 2023. Announcement • Mar 28
China Everbright Environment Group Limited, Annual General Meeting, May 30, 2024 China Everbright Environment Group Limited, Annual General Meeting, May 30, 2024. Reported Earnings • Mar 28
Full year 2023 earnings released: EPS: HK$0.72 (vs HK$0.75 in FY 2022) Full year 2023 results: EPS: HK$0.72 (down from HK$0.75 in FY 2022). Revenue: HK$32.1b (down 14% from FY 2022). Net income: HK$4.43b (down 3.8% from FY 2022). Profit margin: 14% (up from 12% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 7.3% growth forecast for the Commercial Services industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 18% per year. Buy Or Sell Opportunity • Feb 16
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 1.9% to HK$2.73. The fair value is estimated to be HK$2.24, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.8% over the last 3 years. Earnings per share has declined by 9.3%. Revenue is forecast to grow by 2.7% in 2 years. Earnings are forecast to grow by 8.5% in the next 2 years. Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to HK$2.75, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 5x in the Commercial Services industry in Hong Kong. Total loss to shareholders of 25% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$4.57 per share. Announcement • Jan 19
China Everbright Environment Group Limited to Report Fiscal Year 2023 Results on Mar 27, 2024 China Everbright Environment Group Limited announced that they will report fiscal year 2023 results on Mar 27, 2024 Upcoming Dividend • Sep 18
Upcoming dividend of HK$0.14 per share at 8.1% yield Eligible shareholders must have bought the stock before 25 September 2023. Payment date: 20 October 2023. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 8.1%. Within top quartile of Hong Kong dividend payers (7.9%). Higher than average of industry peers (6.9%). Reported Earnings • Aug 30
First half 2023 earnings released: EPS: HK$0.45 (vs HK$0.46 in 1H 2022) First half 2023 results: EPS: HK$0.45 (down from HK$0.46 in 1H 2022). Revenue: HK$16.3b (down 24% from 1H 2022). Net income: HK$2.78b (flat on 1H 2022). Profit margin: 17% (up from 13% in 1H 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Commercial Services industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings. Announcement • Aug 30
China Everbright Environment Group Limited Announces Interim Dividend for the Six Months Ended 30 June 2023, Payable On, October 20, 2023 China Everbright Environment Group Limited announced interim dividend for the six months ended June 30, 2023. For the period, the company announced ordinary Interim (Semi-annual) dividend is HKD 0.14 per share. Ex-dividend date is September 25, 2023. Record date is September 29, 2023. The dividend will be payable on October 20, 2023. Announcement • May 25
China Everbright Environment Group Limited Approves Final Dividend for the Year Ended 31 December 2022 China Everbright Environment Group Limited announced that Annual General Meeting held on 24 May 2023, declare a final dividend of HK9.0 cents per share for the year ended 31 December 2022. Upcoming Dividend • May 23
Upcoming dividend of HK$0.09 per share at 5.6% yield Eligible shareholders must have bought the stock before 30 May 2023. Payment date: 26 June 2023. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 5.6%. Lower than top quartile of Hong Kong dividend payers (7.6%). In line with average of industry peers (5.9%). Reported Earnings • Mar 31
Full year 2022 earnings released: EPS: HK$0.75 (vs HK$1.11 in FY 2021) Full year 2022 results: EPS: HK$0.75 (down from HK$1.11 in FY 2021). Revenue: HK$37.3b (down 25% from FY 2021). Net income: HK$4.60b (down 32% from FY 2021). Profit margin: 12% (down from 14% in FY 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Commercial Services industry in Hong Kong. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Buying Opportunity • Mar 08
Now 21% undervalued Over the last 90 days, the stock is up 1.7%. The fair value is estimated to be HK$4.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 9.2%. Revenue is forecast to decline by 2.9% in 2 years. Earnings is forecast to grow by 8.8% in the next 2 years. Announcement • Jan 20
China Everbright Environment Group Limited to Report Fiscal Year 2022 Results on Mar 30, 2023 China Everbright Environment Group Limited announced that they will report fiscal year 2022 results on Mar 30, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Edwina Li was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Aug 29
Upcoming dividend of HK$0.15 per share Eligible shareholders must have bought the stock before 05 September 2022. Payment date: 06 October 2022. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 7.7%. Lower than top quartile of Hong Kong dividend payers (8.2%). Higher than average of industry peers (5.9%). Reported Earnings • Aug 19
First half 2022 earnings released: EPS: HK$0.46 (vs HK$0.63 in 1H 2021) First half 2022 results: EPS: HK$0.46 (down from HK$0.63 in 1H 2021). Revenue: HK$21.4b (down 19% from 1H 2021). Net income: HK$2.79b (down 28% from 1H 2021). Profit margin: 13% (down from 15% in 1H 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 8.6%, compared to a 14% growth forecast for the Commercial Services industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Upcoming Dividend • May 16
Upcoming dividend of HK$0.15 per share Eligible shareholders must have bought the stock before 23 May 2022. Payment date: 17 June 2022. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 7.4%. Lower than top quartile of Hong Kong dividend payers (7.8%). Higher than average of industry peers (5.4%). Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Xuquan Suo was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 10
Full year 2021 earnings released: EPS: HK$1.11 (vs HK$0.98 in FY 2020) Full year 2021 results: EPS: HK$1.11 (up from HK$0.98 in FY 2020). Revenue: HK$49.9b (up 16% from FY 2020). Net income: HK$6.80b (up 13% from FY 2020). Profit margin: 14% (in line with FY 2020). Over the next year, revenue is expected to shrink by 1.7% compared to a 8.1% growth forecast for the industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Board Change • Mar 22
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Xuquan Suo was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Executive Departure • Oct 12
CFO, VP & Executive Director Kam Chung Wong has left the company On the 5th of October, Kam Chung Wong's tenure as CFO, VP & Executive Director ended. As of June 2021, Kam Chung still personally held 2.74m shares (HK$11m worth at the time). Kam Chung is the only executive to leave the company over the last 12 months. Board Change • Oct 11
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Xuquan Suo was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Aug 27
Upcoming dividend of HK$0.19 per share Eligible shareholders must have bought the stock before 03 September 2021. Payment date: 04 October 2021. Trailing yield: 7.4%. Within top quartile of Hong Kong dividend payers (6.6%). Higher than average of industry peers (1.8%). Recent Insider Transactions • Aug 19
VP & Executive Director recently sold HK$1.3m worth of stock On the 16th of August, Yanguo Hu sold around 240k shares on-market at roughly HK$5.49 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Aug 15
First half 2021 earnings released: EPS HK$0.63 (vs HK$0.49 in 1H 2020) The company reported a solid first half result with improved earnings and revenues, although profit margins were weaker. First half 2021 results: Revenue: HK$26.5b (up 44% from 1H 2020). Net income: HK$3.89b (up 28% from 1H 2020). Profit margin: 15% (down from 17% in 1H 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Upcoming Dividend • May 17
Upcoming dividend of HK$0.16 per share Eligible shareholders must have bought the stock before 24 May 2021. Payment date: 18 June 2021. Trailing yield: 6.8%. Within top quartile of Hong Kong dividend payers (6.0%). Higher than average of industry peers (1.5%). Reported Earnings • Apr 12
Full year 2020 earnings released: EPS HK$0.98 (vs HK$0.85 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: HK$42.9b (up 14% from FY 2019). Net income: HK$6.02b (up 16% from FY 2019). Profit margin: 14% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Mar 13
New 90-day high: HK$5.38 The company is up 21% from its price of HK$4.43 on 11 December 2020. The Hong Kong market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$4.80 per share. Reported Earnings • Mar 12
Full year 2020 earnings released: EPS HK$0.98 (vs HK$0.85 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: HK$42.9b (up 14% from FY 2019). Net income: HK$6.02b (up 16% from FY 2019). Profit margin: 14% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Analyst Estimate Surprise Post Earnings • Mar 12
Revenue beats expectations Revenue exceeded analyst estimates by 2.9%. Over the next year, revenue is forecast to grow 2.9%, compared to a 43% growth forecast for the Commercial Services industry in Hong Kong. Is New 90 Day High Low • Jan 08
New 90-day high: HK$4.78 The company is up 3.0% from its price of HK$4.63 on 09 October 2020. The Hong Kong market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$5.18 per share. Is New 90 Day High Low • Oct 22
New 90-day low: HK$4.27 The company is down 4.0% from its price of HK$4.46 on 24 July 2020. The Hong Kong market is flat over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Commercial Services industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$4.74 per share. 
