Board Change • May 20
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Independent Non-Executive Director Penny Low was the last director to join the board, commencing their role in 2026. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Apr 15
Zheneng Jinjiang Environment Holding Company Limited, Annual General Meeting, Apr 29, 2026 Zheneng Jinjiang Environment Holding Company Limited, Annual General Meeting, Apr 29, 2026, at 10:00 Singapore Standard Time. Location: suntec singapore convention & exhibition centre, 1 raffles boulevard, suntec city, level 3, room 333, singapore 039593, Singapore Tillkännagivande • May 22
Zheneng Jinjiang Environment Holding Company Limited Approves Final Dividend for the Financial Year Ended 31 December 2024 Zheneng Jinjiang Environment Holding Company Limited at its Annual General Meeting held on 29 April 2025, approved the payment of a final dividend (tax not applicable) of 2.30 Singapore cents per ordinary share for Financial Year 2024. Tillkännagivande • Apr 14
Zheneng Jinjiang Environment Holding Company Limited, Annual General Meeting, Apr 29, 2025 Zheneng Jinjiang Environment Holding Company Limited, Annual General Meeting, Apr 29, 2025, at 09:00 Singapore Standard Time. Location: suntec singapore convention & exhibition centre, 1 raffles boulevard, suntec city, level 3, room 302, singapore 039593, Singapore Tillkännagivande • Feb 08
Zheneng Jinjiang Environment Holding Company Limited Provides Unaudited Consolidated Earnings Guidance for the Second Half and Full Year Ended December 31, 2024 Zheneng Jinjiang Environment Holding Company Limited provided unaudited consolidated earnings guidance for the year ended December 31, 2024. For the yea,r the company expects to record a significant increase in total comprehensive income in the second half year ("2H") and full year ended 31 December ("FY") 2024, as compared to total comprehensive income of RMB22.8 million and RMB319.6 million in 2H2023 and FY2023 respectively. The Group's expected significant increase in total comprehensive income in 2H2024 and FY2024 is mainly attributable to the absence in 2H2024 and FY2024 of significant impairment losses of RMB271.8 million in aggregate which were recorded as at 31 December 2023 given the difficulties and uncertainty associated with projects in India which were formerly owned by the Group (the "India Projects"). As announced by the Company on 1 June 2024, the Group has since disposed of its entire equity interests in the India Projects to an unrelated third party. New Risk • Sep 11
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.2% Last year net profit margin: 12% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.2x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.4% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (6.2% net profit margin). New Risk • Jul 31
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.3x net interest cover). Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Buy Or Sell Opportunity • Jul 25
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 15% to €0.20. The fair value is estimated to be €0.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has grown by 2.7%. Tillkännagivande • Apr 30
Zheneng Jinjiang Environment Holding Company Limited Announces Final Dividend for the Year Ended December 31, 2023 Zheneng Jinjiang Environment Holding Company Limited announced that the Share Transfer Book and the Register of Members of the Company will be closed on 10 May 2024 for the purpose of determining shareholders' entitlements to the tax-exempt (one-tier) final dividend of 1.30 Singapore cents per ordinary share for the financial year ended 31 December 2023, which was approved by shareholders of the Company at the Annual General Meeting of the Company held on 25 April 2024. Buy Or Sell Opportunity • Apr 26
Now 22% undervalued Over the last 90 days, the stock has risen 21% to €0.22. The fair value is estimated to be €0.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has grown by 2.7%. Reported Earnings • Apr 14
Full year 2023 earnings released: EPS: CN¥0.19 (vs CN¥0.22 in FY 2022) Full year 2023 results: EPS: CN¥0.19 (down from CN¥0.22 in FY 2022). Revenue: CN¥3.75b (down 7.9% from FY 2022). Net income: CN¥281.6m (down 13% from FY 2022). Profit margin: 7.5% (down from 8.0% in FY 2022). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Tillkännagivande • Apr 10
Zheneng Jinjiang Environment Holding Company Limited, Annual General Meeting, Apr 25, 2024 Zheneng Jinjiang Environment Holding Company Limited, Annual General Meeting, Apr 25, 2024, at 14:00 Singapore Standard Time. Location: Suntec Singapore Convention & Exhibition Centre, 1 Raffles Boulevard, Suntec City, Level 3, Room 326 Singapore Singapore Agenda: To adopt Directors' Statement and Audited Financial Statements for the financial year ended 31 December 2023; to approve final dividend of 1.30 Singapore cents per ordinary share for the financial year ended 31 December 2023; to re-elect of Mr Ang Swee Tian as a Director; to re-elect of Prof Ni Mingjiang as a Director; to approve Directors' Fees for the financial year ended 31 December 2023; to re-appointment of Messrs PricewaterhouseCoopers LLP as the Company's auditors and to authorise the Directors to fix their remuneration; and to consider and approve other matters of business. Tillkännagivande • Mar 27
Zheneng Jinjiang Environment Holding Company Limited Appoints Wang Ruihong as Executive Deputy Chairman, Effective from March 27, 2024 Zheneng Jinjiang Environment Holding Company Limited announced the appointment of Wang Ruihong as Executive Deputy Chairman. Executive. Mr. Wang will continue to oversee the general administrative management, market branding and legal compliance of the Group. Working Experience 1)Zhejiang Institute of Silk Textile (currently known as Zhejiang Sci-Tech University) - Deputy Director of Infrastructure Construction Department, Deputy Director of Finance Department, Director of State-Owned Asset Management Office (July 1985 to March 1999). 2)Hangzhou Jinjiang Group Co. Ltd. - Director of Finance Department and Accounting Department, Assistant to General Manager, Deputy General Manager and Chief Officer of Inspection and Evaluation Department and General Management Center (From March 1999 to 2013). 3)Hangzhou Jinjiang Group Co. Ltd. - Chief Director of Office (2013 to June 2016). 4)Zhejiang Huadong Aluminium Co. Ltd. - Chairman of the board of directors (December 2013 to June 2016). Professional Qualifications Bachelor's Degree in Economics (Infrastructure Construction Finance and Credit), Shanghai University of Finance and Economics -Registered Accountant, Zhejiang Province Department of Ministry -Advanced Economist (Corporate Management), Zhejiang Province Human Resources and Social Security Department. New Risk • Mar 04
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 26% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.3x net interest cover). Share price has been highly volatile over the past 3 months (27% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Buy Or Sell Opportunity • Mar 02
Now 33% undervalued Over the last 90 days, the stock has risen 31% to €0.20. The fair value is estimated to be €0.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has grown by 2.7%. Reported Earnings • Feb 29
Full year 2023 earnings released: EPS: CN¥0.19 (vs CN¥0.22 in FY 2022) Full year 2023 results: EPS: CN¥0.19 (down from CN¥0.22 in FY 2022). Revenue: CN¥3.75b (down 7.9% from FY 2022). Net income: CN¥281.6m (down 13% from FY 2022). Profit margin: 7.5% (down from 8.0% in FY 2022). The decrease in margin was driven by lower revenue. New Risk • Feb 25
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 7.3% per year over the past 5 years. Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Reported Earnings • Aug 10
First half 2023 earnings released: EPS: CN¥0.18 (vs CN¥0.064 in 1H 2022) First half 2023 results: EPS: CN¥0.18 (up from CN¥0.064 in 1H 2022). Revenue: CN¥1.99b (up 8.3% from 1H 2022). Net income: CN¥266.3m (up 185% from 1H 2022). Profit margin: 13% (up from 5.1% in 1H 2022). The increase in margin was primarily driven by higher revenue. Buying Opportunity • Jul 26
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 1.2%. The fair value is estimated to be €0.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has grown by 35%. Buying Opportunity • Jul 09
Now 20% undervalued Over the last 90 days, the stock is up 26%. The fair value is estimated to be €0.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has grown by 35%. Buying Opportunity • Jun 23
Now 21% undervalued Over the last 90 days, the stock is up 28%. The fair value is estimated to be €0.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has grown by 35%. Tillkännagivande • May 10
Zheneng Jinjiang Environment Holding Company Limited Announces Cessation of E Hongbiao, Deputy General Manager Zheneng Jinjiang Environment Holding Company Limited announced Cessation of Deputy General Manager, E Hongbiao. Date of change: May 09, 2023. Role And Responsibilities: Responsible for all technical-related matters of the Group. Other DirectorShips Past: Hangzhou Yuhang Jinjiang Environment Energy Co. Ltd. Wenling Green New Energy Co. Ltd. Wuhan Green Energy Co. Ltd. Wuhan Hankou Green Energy Co. Ltd. Yunnan Green Energy Co. Ltd. Zibo Environment Energy Co. Ltd. Zibo Green New Energy Co. Ltd. Gaomi Lilangmingde Co. Ltd. Jilin Xinxiang Co. Ltd. Suihua Green New Energy Co. Ltd. Qitaihe Green New Energy Co. Ltd. Lianyungang Sunrise Environmental Protection Industry Co. Ltd. Zhengzhou Xingjin Green Environment Energy Co. Ltd. Yinchuan Zhongke Environmental Electrical Co. Ltd. Wuhu L zhou Environment Energy Co. Ltd. Tianjin Sunrise Environmental Protection Science and Technology Development Co. Ltd. Luannan Jinhuan New Energy Co. Ltd. Leting Jinhuan New Energy Co. Ltd. Tangshan Jiasheng New Energy Co. Ltd. Hangzhou Zhenghui Construction Engineering Co. Ltd. Baoding Jinhuan New Energy Technology Co. Ltd.Other DirectorShips Present: Hangzhou Yuhang Jinjiang Environment Energy Co. Ltd. Wenling Green New Energy Co. Ltd. Wuhan Green Energy Co. Ltd. Wuhan Hankou Green Energy Co. Ltd. Yunnan Green Energy Co. Ltd. Zibo Environment Energy Co. Ltd. Zibo Green New Energy Co. Ltd. Gaomi Lilangmingde Co. Ltd. Jilin Xinxiang Co. Ltd. Suihua Green New Energy Co. Ltd. Qitaihe Green New Energy Co. Ltd. Lianyungang Sunrise Environmental Protection Industry Co. Ltd. Zhengzhou Xingjin Green Environment Energy Co. Ltd. Yinchuan Zhongke Environmental Electrical Co. Ltd. Wuhu L zhou Environment Energy Co. Ltd. Tianjin Sunrise Environmental Protection Science and Technology Development Co. Ltd. Luannan Jinhuan New Energy Co. Ltd. Leting Jinhuan New Energy Co. Ltd. Tangshan Jiasheng New Energy Co. Ltd. Hangzhou Zhenghui Construction Engineering Co. Ltd. Baoding Jinhuan New Energy Technology Co. Ltd. Shareholding Interest Details: 1,260,000 ordinary shares. Reason For Cessation: Mr. E Hongbiao has resigned on his own accord to pursue other personal interests. Buying Opportunity • May 03
Now 27% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be €0.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has grown by 35%. Reported Earnings • Mar 01
Full year 2022 earnings released: EPS: CN¥0.22 (vs CN¥0.30 in FY 2021) Full year 2022 results: EPS: CN¥0.22 (down from CN¥0.30 in FY 2021). Revenue: CN¥4.07b (flat on FY 2021). Net income: CN¥325.0m (down 26% from FY 2021). Profit margin: 8.0% (down from 11% in FY 2021). Reported Earnings • Nov 10
Third quarter 2022 earnings released: CN¥0.031 loss per share (vs CN¥0.045 profit in 3Q 2021) Third quarter 2022 results: CN¥0.031 loss per share (down from CN¥0.045 profit in 3Q 2021). Revenue: CN¥970.7m (up 23% from 3Q 2021). Net loss: CN¥45.8m (down 170% from profit in 3Q 2021). Tillkännagivande • Oct 19
Zheneng Jinjiang Environment Holding Company Limited Provides Consolidated Earnings Guidance for the Third Quarter Ended 30 September 2022 The Board of Directors of Zheneng Jinjiang Environment Holding Company Limited announced that based on the preliminary assessment of the latest unaudited consolidated management accounts, the Group expects to record: a net loss in the third quarter ended 30 September 2022, as compared to total comprehensive income of RMB 77.1 million in the third quarter ended 30 September 2021; and hence a significant decrease in total comprehensive income for the nine months period ended 30 September 2022, as compared to total comprehensive income of RMB 266.8 million in the nine months ended 30 September 2021. The Group's expected net loss in the third quarter ended 30 September 2022, and hence the resulting significant decrease in total comprehensive income for nine months period ended 30 September 2022 is attributable to the substantial unrealized foreign exchange loss recorded as at 30 September 2022 in relation to its USD denominated loans as a result of the appreciation of the United States Dollar against the Chinese Renminbi. Reported Earnings • Aug 06
Second quarter 2022 earnings released: CN¥0.008 loss per share (vs CN¥0.08 profit in 2Q 2021) Second quarter 2022 results: CN¥0.008 loss per share (down from CN¥0.08 profit in 2Q 2021). Revenue: CN¥971.5m (up 12% from 2Q 2021). Net loss: CN¥12.0m (down 110% from profit in 2Q 2021). Tillkännagivande • Jul 23
Zheneng Jinjiang Environment Holding Company Limited Announces Management Changes The Board of Directors of Zheneng Jinjiang Environment Holding Company Limited refers to its announcements dated 25 April 2022 in respect of the cessations of Mr. Tan Huay Lim and Mr. Hee Theng Fong as Non-Executive Independent Directors of the Company. Following the Cessations, the Board wishes to announce the following changes to the composition of the Board and the Board Committees with effect from 22 July 2022, which have been approved by the Board taking into consideration the recommendations by the Nominating Committee of the Company: the appointment of Dr. Kan Yaw Kiong (Ernest) as a Non-Executive Independent Director of the Company, Chairman of the Audit and Risk Management Committee and a member of the Remuneration Committee; the appointment of Prof. Ni Mingjiang, an existing Independent Director of the Company, as a member of the Audit and Risk Management Committee; and the appointment of Mr. Ang Swee Tian as Chairman of the Remuneration Committee. Consequent to the above changes, the composition of the Board of Directors, the Audit and Risk Management Committee, the Nominating Committee and the Remuneration Committee of the Company is as follows with effect from 22 July 2022: Board of Directors: Mr. Wei Dongliang (Executive Chairman), Mr. Wang Ruihong (Executive Director and Deputy General Manager), Mr. Ang Swee Tian (Lead Independent Director), Prof. Ni Mingjiang (Independent Director), Dr. Kan Yaw Kiong (Ernest) (Independent Director). Audit and Risk Management Committee: Dr. Kan Yaw Kiong (Ernest) (Chairman), Mr. Ang Swee Tian, Prof. Ni Mingjiang. Nominating Committee: Mr. Ang Swee Tian (Chairman), Mr. Wei Dongliang, Prof. Ni Mingjiang. Remuneration Committee: Mr. Ang Swee Tian (Chairman), Prof. Ni Mingjiang, Dr. Kan Yaw Kiong (Ernest). Reported Earnings • May 21
First quarter 2022 earnings released First quarter 2022 results: EPS: CN¥0.073. Revenue: CN¥867.8m (up 16% from 1Q 2021). Net income: CN¥105.5m (up 37% from 1Q 2021). Profit margin: 12% (up from 10% in 1Q 2021). The increase in margin was driven by higher revenue. Reported Earnings • Apr 12
Full year 2021 earnings released: EPS: CN¥0.30 (vs CN¥0.23 in FY 2020) Full year 2021 results: EPS: CN¥0.30 (up from CN¥0.23 in FY 2020). Revenue: CN¥4.06b (up 32% from FY 2020). Net income: CN¥438.0m (up 34% from FY 2020). Profit margin: 11% (in line with FY 2020). Tillkännagivande • Apr 09
Zheneng Jinjiang Environment Holding Company Limited, Annual General Meeting, Apr 25, 2022 Zheneng Jinjiang Environment Holding Company Limited, Annual General Meeting, Apr 25, 2022, at 15:00 Singapore Standard Time. Location: 1 Yinxiu Road, Level 19, Meeting Room 1930 Tower A, Hangyue Commercial Center, Gongshu District Hangzhou City Zhejiang Province China Agenda: To consider Adoption of Directors' Statement and Audited Financial Statements; to consider Re-election of Mr Wang Ruihong as a Director; to consider Re-election of Mr Hee Theng Fong as a Director; to consider Re-election of Mr Tan Huay Lim as a Director; to consider Approval of Directors' Fees for the Financial Year Ended 31 December 2021; to consider Re-appointment of Messrs PricewaterhouseCoopers LLP as the Company's auditors and to authorise the Directors to fix their remuneration; to consider Approval of the Proposed Renewal of the General Mandate for Interested Person Transactions; and to consider other matters. Reported Earnings • Mar 01
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: CN¥0.30 (up from CN¥0.23 in FY 2020). Revenue: CN¥4.06b (up 32% from FY 2020). Net income: CN¥438.0m (up 34% from FY 2020). Profit margin: 11% (in line with FY 2020). Revenue was in line with analyst estimates. Reported Earnings • Nov 03
Third quarter 2021 earnings released: EPS CN¥0.045 (vs CN¥0.078 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥790.1m (down 3.0% from 3Q 2020). Net income: CN¥65.5m (down 42% from 3Q 2020). Profit margin: 8.3% (down from 14% in 3Q 2020). The decrease in margin was primarily driven by higher expenses.