Executive Summary
Zheneng Jinjiang Environment Holding Company Limited operates as a waste-to-energy project construction and operation business in the People’s Republic of China and India.
Rewards
Risk Analysis
Snowflake Analysis
Fair value with questionable track record.
Share Price & News
How has Zheneng Jinjiang Environment Holding's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BWM has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
8.7%
BWM
0.5%
SG Renewable Energy
-1.1%
SG Market
1 Year Return
-10.7%
BWM
-19.1%
SG Renewable Energy
-27.1%
SG Market
Return vs Industry: BWM exceeded the SG Renewable Energy industry which returned -19.1% over the past year.
Return vs Market: BWM exceeded the SG Market which returned -27.1% over the past year.
Shareholder returns
| BWM | Industry | Market | |
|---|---|---|---|
| 7 Day | 8.7% | 0.5% | -1.1% |
| 30 Day | -16.0% | -8.4% | -19.8% |
| 90 Day | -16.7% | -17.1% | -25.7% |
| 1 Year | -10.7%-10.7% | -16.5%-19.1% | -24.0%-27.1% |
| 3 Year | -35.7%-45.1% | -19.8%-26.7% | -19.3%-27.9% |
| 5 Year | n/a | -34.9%-44.0% | -18.0%-32.0% |
Price Volatility Vs. Market
How volatile is Zheneng Jinjiang Environment Holding's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
Does Zheneng Jinjiang Environment Holding Company Limited (SGX:BWM) Create Value For Shareholders?1 month ago | Simply Wall St
Imagine Owning Zheneng Jinjiang Environment Holding (SGX:BWM) And Wondering If The 31% Share Price Slide Is Justified2 months ago | Simply Wall St
Is Zheneng Jinjiang Environment Holding (SGX:BWM) A Risky Investment?Valuation
Is Zheneng Jinjiang Environment Holding undervalued compared to its fair value and its price relative to the market?
8.02x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate BWM's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate BWM's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: BWM is good value based on its PE Ratio (8x) compared to the Renewable Energy industry average (10.3x).
PE vs Market: BWM is good value based on its PE Ratio (8x) compared to the SG market (10.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BWM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BWM is good value based on its PB Ratio (0.6x) compared to the XA Renewable Energy industry average (0.9x).
Next Steps
Future Growth
How is Zheneng Jinjiang Environment Holding forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
11.9%
Forecasted Utilities 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 Zheneng Jinjiang Environment Holding 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 Zheneng Jinjiang Environment Holding 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.
- Zheneng Jinjiang Environment Holding competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Utilities industry.
Past Performance
How has Zheneng Jinjiang Environment Holding performed over the past 5 years?
5.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BWM has high quality earnings.
Growing Profit Margin: BWM's current net profit margins (13.6%) are lower than last year (19.7%).
Past Earnings Growth Analysis
Earnings Trend: BWM's earnings have grown by 5.3% per year over the past 5 years.
Accelerating Growth: BWM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BWM had negative earnings growth (-23.6%) over the past year, making it difficult to compare to the Renewable Energy industry average (13.6%).
Return on Equity
High ROE: BWM's Return on Equity (7.8%) is considered low.
Next Steps
Financial Health
How is Zheneng Jinjiang Environment Holding's financial position?
Financial Position Analysis
Short Term Liabilities: BWM's short term assets (CN¥3.6B) do not cover its short term liabilities (CN¥5.3B).
Long Term Liabilities: BWM's short term assets (CN¥3.6B) do not cover its long term liabilities (CN¥4.9B).
Debt to Equity History and Analysis
Debt Level: BWM's debt to equity ratio (111.7%) is considered high.
Reducing Debt: BWM's debt to equity ratio has increased from 57.7% to 111.7% over the past 5 years.
Debt Coverage: BWM's debt is not well covered by operating cash flow (9.2%).
Interest Coverage: BWM's interest payments on its debt are not well covered by EBIT (2.7x coverage).
Balance Sheet
Inventory Level: BWM has a high level of physical assets or inventory.
Debt Coverage by Assets: BWM's debt is not covered by short term assets (assets are 0.5x debt).
Next Steps
Dividend
What is Zheneng Jinjiang Environment Holding's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BWM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate BWM's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BWM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BWM's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: BWM is not paying a notable dividend for the SG market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BWM's dividend in 3 years as they are not forecast to pay a notable one for the SG market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.5yrs
Average management tenure
CEO
Chao Zhang (47yo)
2.42s
Tenure
Mr. Chao Zhang has been Chief Executive Officer of China Jinjiang Environment Holding Company Limited since November 10, 2017 and has been its Executive Director since April 30, 2018. From July 1994 to May ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 0.58yr | no data | no data | |
| CEO & Executive Director | 2.42yrs | no data | 0.11% CN¥825.0k | |
| Chief Financial Officer | 0.58yr | no data | no data | |
| Marketing Director | no data | no data | no data | |
| Deputy General Manager | no data | no data | 0.076% CN¥550.0k | |
| Deputy GM & Executive Director | 9.33yrs | no data | 0.14% CN¥1.1m | |
| Deputy General Manager | 7.08yrs | no data | 0.045% CN¥330.0k | |
| Chief Engineer | 0.58yr | no data | no data | |
| Financial Controller & Joint Company Secretary | no data | no data | no data | |
| Joint Company Secretary | no data | no data | no data |
1.5yrs
Average Tenure
46.5yo
Average Age
Experienced Management: BWM's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 0.58yr | no data | no data | |
| CEO & Executive Director | 2.42yrs | no data | 0.11% CN¥825.0k | |
| Deputy GM & Executive Director | 9.33yrs | no data | 0.14% CN¥1.1m | |
| Independent Director | 3.83yrs | no data | no data | |
| Lead Independent Director | no data | no data | 0.0055% CN¥40.0k | |
| Independent Director | 3.83yrs | no data | no data | |
| Independent Director | 3.83yrs | no data | no data |
3.8yrs
Average Tenure
62yo
Average Age
Experienced Board: BWM's board of directors are considered experienced (3.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 11.4%.
Top Shareholders
Company Information
Zheneng Jinjiang Environment Holding Company Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Zheneng Jinjiang Environment Holding Company Limited
- Ticker: BWM
- Exchange: SGX
- Founded: 1998
- Industry: Renewable Electricity
- Sector: Utilities
- Market Cap: S$727.012m
- Shares outstanding: 1.45b
- Website: https://www.jinjiang-env.com
Number of Employees
Location
- Zheneng Jinjiang Environment Holding Company Limited
- Jinjiang Building
- Level 19
- Hangzhou
- Zhejiang Province
- 310005
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BWM | SGX (Singapore Exchange) | Yes | Ordinary Shares | SG | SGD | Aug 2016 |
| 3UG | BST (Boerse-Stuttgart) | Yes | Ordinary Shares | DE | EUR | Aug 2016 |
Biography
Zheneng Jinjiang Environment Holding Company Limited operates as a waste-to-energy project construction and operation business in the People’s Republic of China and India. The company operates through Waste-To-Energy Project Construction and Operation; and Project Technical and Management Service, Equipment Selection, and EMC Business segments. It generates and sells electricity and steam. The company also provides waste treatment services; project management, technical consulting and advisory, equipment selection, and energy management contracting services; and construction services under service concession arrangement. In addition, it operates a thermal power plants. As of December 31, 2018, it operated 20 waste-to-energy facilities in 12 provinces, autonomous regions, and centrally-administered municipalities in China with a total waste treatment capacity of 29,240 tons/day and an installed electricity power generation capacity of 574 MW. The company was formerly known as China Jinjiang Environment Holding Company Limited and changed its name to Zheneng Jinjiang Environment Holding Company Limited in November 2019. Zheneng Jinjiang Environment Holding Company Limited was founded in 1998 and is based in Hangzhou, China.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/04/03 14:19 |
| End of Day Share Price | 2020/04/02 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.