Luzhou Xinglu Water (Group) (SEHK:2281) - Stock Price, News & Analysis

2281 Stock Overview

Operates as an integrated municipal water service provider in the People’s Republic of China.

2281 fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	4/6
Financial Health	3/6
Dividends	4/6

Rewards

Trading at 92.6% below our estimate of its fair value

Earnings grew by 20.9% over the past year

Risk Analysis

Earnings have declined by 1.5% per year over past 5 years

Does not have a meaningful market cap (HK$533M)

Unstable dividend track record

Has a high level of debt

Luzhou Xinglu Water (Group) Co., Ltd. Competitors

Jilin Province Chuncheng Heating

SEHK:1853

HK$658.0m

Kunming Dianchi Water Treatment

SEHK:3768

HK$668.9m

Kangda International Environmental

SEHK:6136

HK$727.5m

China Water Affairs Group

SEHK:855

HK$7.5b

Price History & Performance

Summary of all time highs, changes and price drops for Luzhou Xinglu Water (Group)
Historical stock prices
Current Share Price	HK$0.62
52 Week High	HK$0.76
52 Week Low	HK$0.48
Beta	0.096
11 Month Change	-7.46%
3 Month Change	8.77%
1 Year Change	5.08%
33 Year Change	-45.13%
5 Year Change	-53.73%
Change since IPO	-72.69%

Here's What To Make Of Luzhou Xinglu Water (Group)'s (HKG:2281) Decelerating Rates Of Return

Aug 19

Luzhou Xinglu Water (Group) (HKG:2281) Has Announced A Dividend Of CN¥0.055

Jul 03

Recent updates

Here's What To Make Of Luzhou Xinglu Water (Group)'s (HKG:2281) Decelerating Rates Of Return

Aug 19

Luzhou Xinglu Water (Group) (HKG:2281) Has Announced A Dividend Of CN¥0.055

Jul 03

Luzhou Xinglu Water (Group) (HKG:2281) Has More To Do To Multiply In Value Going Forward

May 13

Luzhou Xinglu Water (Group) (HKG:2281) Use Of Debt Could Be Considered Risky

Aug 30

Luzhou Xinglu Water (Group) (HKG:2281) Has Announced A Dividend Of CN¥0.055

Jun 12

Here's What To Make Of Luzhou Xinglu Water (Group)'s (HKG:2281) Decelerating Rates Of Return

Sep 01

What Type Of Returns Would Luzhou Xinglu Water (Group)'s(HKG:2281) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

Nov 24

Shareholder Returns

	2281	HK Water Utilities	HK Market
7D	-1.6%	-3.4%	-4.6%
1Y	5.1%	1.9%	13.8%

Return vs Industry: 2281 exceeded the Hong Kong Water Utilities industry which returned 4% over the past year.

Return vs Market: 2281 underperformed the Hong Kong Market which returned 16.5% over the past year.

Price Volatility

Is 2281's price volatile compared to industry and market?
2281 volatility
2281 Average Weekly Movement	5.2%
Water Utilities Industry Average Movement	7.3%
Market Average Movement	9.0%
10% most volatile stocks in HK Market	19.1%
10% least volatile stocks in HK Market	4.2%

Stable Share Price: 2281 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 2281's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1958	876	Qinan Chen	www.lzss.com

Luzhou Xinglu Water (Group) Co., Ltd., together with its subsidiaries, operates as an integrated municipal water service provider in the People’s Republic of China. The company operates in two segments, Tap Water Supply and Wastewater Treatment. It is involved in the water supply and wastewater treatment; trading; construction; software development and sale; and pipeline installation activities, as well as offers technology services.

Luzhou Xinglu Water (Group) Co., Ltd. Fundamentals Summary

How do Luzhou Xinglu Water (Group)'s earnings and revenue compare to its market cap?
2281 fundamental statistics
Market cap	HK$533.02m
Earnings (TTM)	HK$208.65m
Revenue (TTM)	HK$1.36b

2.6x

P/E Ratio

0.4x

P/S Ratio

Is 2281 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2281 income statement (TTM)
Revenue	CN¥1.26b
Cost of Revenue	CN¥843.08m
Gross Profit	CN¥419.94m
Other Expenses	CN¥225.94m
Earnings	CN¥194.00m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.23
Gross Margin	33.25%
Net Profit Margin	15.36%
Debt/Equity Ratio	99.7%

How did 2281 perform over the long term?

See historical performance and comparison

Dividends

8.7%

Current Dividend Yield

23%

Payout Ratio

2281 Stock Overview

Rewards

Risk Analysis

Luzhou Xinglu Water (Group) Co., Ltd. Competitors

SEHK:1853

HK$658.0m

SEHK:3768

HK$668.9m

SEHK:6136

HK$727.5m

SEHK:855

HK$7.5b

Price History & Performance

Recent News & Updates

First half 2024 earnings released: EPS: CN¥0.07 (vs CN¥0.09 in 1H 2023)

New major risk - Revenue and earnings growth

Here's What To Make Of Luzhou Xinglu Water (Group)'s (HKG:2281) Decelerating Rates Of Return

Luzhou Xinglu Water (Group) Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024

Luzhou Xinglu Water (Group) (HKG:2281) Has Announced A Dividend Of CN¥0.055

Upcoming dividend of CN¥0.05 per share

Recent updates

First half 2024 earnings released: EPS: CN¥0.07 (vs CN¥0.09 in 1H 2023)

New major risk - Revenue and earnings growth

Here's What To Make Of Luzhou Xinglu Water (Group)'s (HKG:2281) Decelerating Rates Of Return

Luzhou Xinglu Water (Group) Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024

Luzhou Xinglu Water (Group) (HKG:2281) Has Announced A Dividend Of CN¥0.055

Upcoming dividend of CN¥0.05 per share

Luzhou Xinglu Water (Group) (HKG:2281) Has More To Do To Multiply In Value Going Forward

New minor risk - Financial position

Dividend of CN¥0.05 announced

Luzhou Xinglu Water (Group) Co., Ltd., Annual General Meeting, Jun 28, 2024

Full year 2023 earnings released: EPS: CN¥0.24 (vs CN¥0.24 in FY 2022)

Luzhou Xinglu Water (Group) Co., Ltd. Proposes Final Ordinary Dividend for the Financial Year End 31 December 2023, Payable July 31, 2024

Luzhou Xinglu Water (Group) Co., Ltd. to Report Fiscal Year 2023 Results on Mar 27, 2024

Luzhou Xinglu Water (Group) Co., Ltd. Announces Director and Board Committees Changes

Luzhou Xinglu Water (Group) Co., Ltd. Announces Resignation of Liao Xingyue as General Manager

Luzhou Junyuan Asset Management Co., Ltd entered into the Equity Transfer Agreement to acquire 6.43% stake in Sichuan Xiangjiaba Irrigation Construction and Development Co.,Ltd. from Luzhou Xinglu Water (Group) Co., Ltd. (SEHK:2281) for CNY 52.8 million.

Luzhou Xinglu Water (Group) (HKG:2281) Use Of Debt Could Be Considered Risky

First half 2023 earnings released: EPS: CN¥0.092 (vs CN¥0.14 in 1H 2022)

Luzhou Xinglu Water (Group) Co., Ltd. to Report First Half, 2023 Results on Aug 25, 2023

Luzhou Xinglu Water (Group) Co., Ltd. Announces Board Changes

Upcoming dividend of HK$0.055 per share at 7.8% yield

Luzhou Xinglu Water (Group) (HKG:2281) Has Announced A Dividend Of CN¥0.055

Luzhou Xinglu Water (Group) Co., Ltd Approves Final Dividend for the Year Ended December 31, 2022, Payable on or before 28 July 2023

Now 21% undervalued after recent price drop

Now 21% undervalued after recent price drop

Now 21% undervalued after recent price drop

Full year 2022 earnings released

Now 21% undervalued

Less than half of directors are independent

Here's What To Make Of Luzhou Xinglu Water (Group)'s (HKG:2281) Decelerating Rates Of Return

First half 2022 earnings released: EPS: CN¥0.14 (vs CN¥0.22 in 1H 2021)

Luzhou Xinglu Water (Group) Co., Ltd. to Report First Half, 2022 Results on Aug 26, 2022

Upcoming dividend of HK$0.059 per share

Luzhou Xinglu Water (Group)'s (HKG:2281) Dividend Will Be Reduced To HK$0.059

Luzhou Xinglu Water (Group) Co., Ltd. Approves Final Dividend for the Financial Year End 31 December 2021, Payable on 29 July 2022

Less than half of directors are independent

Full year 2021 earnings released: EPS: CN¥0.28 (vs CN¥0.24 in FY 2020)

Luzhou Xinglu Water (Group) Co., Ltd., Annual General Meeting, Jun 10, 2022

Luzhou Xinglu Water (Group) Co., Ltd. Proposes Final Dividend for the Year Ended 31 December 2021, Payable on July 29, 2022

Luzhou Xinglu Water (Group) Co., Ltd. Announces Board and Committee Changes

Here's Why Luzhou Xinglu Water (Group) (HKG:2281) Has A Meaningful Debt Burden

First half 2021 earnings released: EPS CN¥0.14 (vs CN¥0.19 in 1H 2020)

Upcoming dividend of HK$0.073 per share

Luzhou Xinglu Water (Group) (HKG:2281) Is Due To Pay A Dividend Of HK$0.073

Luzhou Xinglu Water (Group) (HKG:2281) Is Reinvesting At Lower Rates Of Return

Full year 2020 earnings released: EPS CN¥0.24 (vs CN¥0.22 in FY 2019)

Full year 2020 earnings released

Luzhou Xinglu Water (Group) Co., Ltd. to Report Fiscal Year 2020 Results on Mar 30, 2021

A Look At Luzhou Xinglu Water (Group)'s (HKG:2281) Share Price Returns

Luzhou Xinglu Water (Group) Co., Ltd. Enters into the Xinglu Jutai Construction Service Agreement with Xinglu Jutai Construction

Is Luzhou Xinglu Water (Group) (HKG:2281) Likely To Turn Things Around?

New 90-day low: HK$0.95

Luzhou Xinglu Water (Group) Co., Ltd. Enters into the Luzhou Aviation Construction Service Agreement with Luzhou Aviation Development Company

What Did Luzhou Xinglu Water (Group)'s (HKG:2281) CEO Take Home Last Year?

New 90-day low: HK$1.00

Is Luzhou Xinglu Water (Group) Co., Ltd. (HKG:2281) A Risky Dividend Stock?

What Type Of Returns Would Luzhou Xinglu Water (Group)'s(HKG:2281) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

New 90-day low: HK$1.09

New 90-day low: HK$1.15