Reported Earnings • Aug 16
First half 2026 earnings released: EPS: HK$0.18 (vs HK$0.20 in 1H 2025) First half 2026 results: EPS: HK$0.18 (down from HK$0.20 in 1H 2025). Revenue: HK$2.39b (down 27% from 1H 2025). Net income: HK$517.6m (down 8.2% from 1H 2025). Profit margin: 22% (up from 17% in 1H 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Water Utilities industry in Europe. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Declared Dividend • Aug 13
First half dividend of S$0.01 announced Shareholders will receive a dividend of S$0.01. Ex-date: 27th August 2026 Payment date: 14th September 2026 Dividend yield will be 10%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (33% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 59% to shift the payout ratio to a potentially unsustainable range, which is more than the 7.4% EPS decline seen over the last 5 years. Duyuru • Jul 28
China Everbright Water Limited to Report First Half, 2026 Results on Aug 11, 2026 China Everbright Water Limited announced that they will report first half, 2026 results on Aug 11, 2026 Board Change • May 20
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. Independent Non-Executive Director Gang Hao is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Duyuru • Apr 22
China Everbright Water Limited Approves Final One-Tier Tax Exempt Dividend for the Financial Year Ended December 31, 2025 China Everbright Water Limited at the annual general meeting of the Company held on 22 April 2026 approved declaration of a final one-tier tax exempt dividend of Hong kong Cents 4.22 (equivalent to Singapore cents 0.69) per ordinary share for the financial year ended 31 December 2025. Duyuru • Feb 27
China Everbright Water Limited, Annual General Meeting, Apr 22, 2026 China Everbright Water Limited, Annual General Meeting, Apr 22, 2026. Duyuru • Jan 28
China Everbright Water Limited Announces Cessation of Wang Yuexing as Executive Director and Member of the Strategy Committee , Effective February 2, 2026 China Everbright Water Limited, together with its subsidiaries, the " Group ") announced that due to internal management restructuring, Mr. Wang Yuexing (" Mr. Wang ") will relinquish his roles as an executive Director, the Vice President and a member of the Strategy Committee of the Company with effect from 2 February 2026. Thereafter, Mr. Wang will continue to provide support to the Company in his capacity as a Senior Advisor. Duyuru • Jan 26
China Everbright Water Limited to Report Fiscal Year 2025 Results on Feb 27, 2026 China Everbright Water Limited announced that they will report fiscal year 2025 results on Feb 27, 2026 Declared Dividend • Aug 18
First half dividend of S$0.0099 announced Shareholders will receive a dividend of S$0.0099. Ex-date: 27th August 2025 Payment date: 12th September 2025 Dividend yield will be 10%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (34% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 49% per year over the past 9 years. However, payments have been volatile during that time. Earnings per share has grown by 4.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Board Change • Aug 18
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. Independent Non-Executive Director Gang Hao is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Duyuru • Jul 29
China Everbright Water Limited to Report First Half, 2025 Results on Aug 12, 2025 China Everbright Water Limited announced that they will report first half, 2025 results on Aug 12, 2025 Duyuru • Jan 24
China Everbright Water Limited to Report Fiscal Year 2024 Results on Feb 25, 2025 China Everbright Water Limited announced that they will report fiscal year 2024 results on Feb 25, 2025 Reported Earnings • Aug 18
First half 2024 earnings released: EPS: HK$0.20 (vs HK$0.22 in 1H 2023) First half 2024 results: EPS: HK$0.20 (down from HK$0.22 in 1H 2023). Revenue: HK$3.35b (up 8.8% from 1H 2023). Net income: HK$581.1m (down 8.1% from 1H 2023). Profit margin: 17% (down from 21% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Global Water Utilities industry. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 2% per year. Declared Dividend • Aug 15
First half dividend of S$0.011 announced Shareholders will receive a dividend of S$0.011. Ex-date: 27th August 2024 Payment date: 11th September 2024 Dividend yield will be 11%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (31% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 27% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 8.0% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Duyuru • Jul 30
China Everbright Water Limited to Report First Half, 2024 Results on Aug 13, 2024 China Everbright Water Limited announced that they will report first half, 2024 results on Aug 13, 2024 New Risk • May 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.8% average weekly change). Reported Earnings • Apr 04
Full year 2023 earnings released: EPS: HK$0.41 (vs HK$0.35 in FY 2022) Full year 2023 results: EPS: HK$0.41 (up from HK$0.35 in FY 2022). Revenue: HK$6.70b (flat on FY 2022). Net income: HK$1.19b (up 18% from FY 2022). Profit margin: 18% (up from 15% in FY 2022). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 1% per year. Board Change • Apr 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Peter Ng was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Duyuru • Mar 14
China Everbright Water Limited Announces CFO Changes, Effective 18 March 2024 The board of directors of China Everbright Water Limited announced that due to changes in work arrangements, Mr. Luo Junling will resign as the Chief Financial Officer of the Company with effect from 18 March 2024. The Board announced that Mr. Song Libin will be appointed as the CFO with effect from 18 March 2024. Mr. Song, aged 41, has extensive experience in accounting management. Mr. Song is currently the Deputy General Manager of the finance department of China Everbright Environment Group Limited and will resign from this position with effect from 18 March 2024. Prior to joining Everbright Environment, he was the Deputy Financial Director of Southwest Regional Liquefied Petroleum Gas Operation Centre of China Gas Holdings Limited and the Financial Director of Guangxi Zhongyou Energy Co. Ltd. under China Gas. Mr. Song holds a Bachelor's degree in Management and Law from Tiangong University. He has also completed an Advanced Finance Programme at the University of International Business and Economics. He is a Certified Public Accountant in China. Duyuru • Mar 13
China Everbright Water Limited Announces Management Changes, Effective 18 March 2024 The board (the "Board") of directors (the "Directors") of China Everbright Water Limited (the "Company", together with its subsidiaries, the "Group") announced that due to changes in work arrangements, Mr. Luo Junling ("Mr. Luo") will resign as an executive Director and a member of the Strategy Committee and the Alternate Authorised Representative to Mr. Luan Zusheng with effect from 18 March 2024. The Board announced that Mr. Wang Yuexing ("Mr. Wang") will be appointed as an executive Director and a member of the Strategy Committee and the Alternate Authorised Representative to Mr. Luan Zusheng with effect from 18 March 2024. Mr. Wang, aged 54, has extensive experience in engineering construction and operations management. Mr. Wang is currently the Vice President of the Company, and is also a director and/or the general manager of several subsidiaries of the Company, including but not limited to Everbright Water (Ji'nan) Limited and Everbright Water (Ji'nan Licheng) Limited. Mr. Wang was formerly the Deputy General Manager of Everbright Environmental Protection Technological Development (Beijing) Limited and Everbright Environmental Protection Engineering (Shenzhen) Limited, and the Plant Manager of Ji'nan Waste Water Treatment Project (Plant 1). Mr. Wang joined the Group in February 2016. Mr. Wang holds a Master's degree in Environmental Engineering from Tsinghua University, a Master of Business Administration degree from Shandong University and a Bachelor's degree in Civil Engineering from South China University of Technology. Mr. Wang also holds the titles of Certified Cost Engineer and Certified Senior Engineer in China. Declared Dividend • Feb 29
Final dividend of S$0.0099 announced Shareholders will receive a dividend of S$0.0099. Ex-date: 2nd May 2024 Payment date: 24th May 2024 Dividend yield will be 11%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (30% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 27% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 10% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Duyuru • Feb 28
China Everbright Water Limited, Annual General Meeting, Apr 26, 2024 China Everbright Water Limited, Annual General Meeting, Apr 26, 2024. Agenda: To consider dividend. Reported Earnings • Feb 28
Full year 2023 earnings released: EPS: HK$0.41 (vs HK$0.35 in FY 2022) Full year 2023 results: EPS: HK$0.41 (up from HK$0.35 in FY 2022). Revenue: HK$6.70b (flat on FY 2022). Net income: HK$1.19b (up 18% from FY 2022). Profit margin: 18% (up from 15% in FY 2022). Revenue is forecast to grow 6.6% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Global Water Utilities industry. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 5% per year. New Risk • Feb 26
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 Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Paying a dividend despite having no free cash flows. Upcoming Dividend • Aug 17
Upcoming dividend of S$0.011 per share at 8.2% yield Eligible shareholders must have bought the stock before 24 August 2023. Payment date: 08 September 2023. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 8.2%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (4.7%). Reported Earnings • Aug 13
First half 2023 earnings released: EPS: HK$0.22 (vs HK$0.18 in 1H 2022) First half 2023 results: EPS: HK$0.22 (up from HK$0.18 in 1H 2022). Revenue: HK$3.08b (down 11% from 1H 2022). Net income: HK$632.2m (up 22% from 1H 2022). Profit margin: 21% (up from 15% in 1H 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Global Water Utilities industry. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has remained flat. Duyuru • Aug 12
China Everbright Water Limited Proposes Interim Dividend for the Six Months Ended 30 June 2023, Payable on 31 December 2023 China Everbright Water Limited proposed interim dividend of HKD 0.0663 per share for the Interim Dividend for the six months ended 30 June 2023. Ex-dividend date 24 August 2023, Record date 25 August 2023 and Payment date 08 September 2023. Duyuru • Jul 29
China Everbright Water Limited to Report First Half, 2023 Results on Aug 10, 2023 China Everbright Water Limited announced that they will report first half, 2023 results on Aug 10, 2023 Duyuru • Jun 17
Everbright Water Secures Jiangyin High-tech Zone WWT Phase I Stage 1 EPCO Project China Everbright Water Limited announced that a consortium led by Everbright Water (the Consortium) has recently secured Jiangyin High-tech Zone Waste Water Treatment Plant ("Jiangyin High-tech Plant" or the "Plant") Phase I Stage 1 EPCO (Design, Procurement, Construction and Operation) Project (the Project). Securing the Project further reinforces Everbright Water's business development strategy to focus on and venture into new business areas and new models by tapping on its traditional business strengths. The Consortium will provide full-cycle services that cover design, procurement, construction and operation for Jiangyin High-tech Plant Phase I Stage 1. Everbright Water will be responsible for the provision of operation and management services of the Plant Phase I Stage 1 and be entitled to collect the waste water treatment service fee with an operation period of eight years; while its subsidiary, Xuzhou Municipal Engineering Design Institute Co. Ltd., will be responsible for the design of the Project. The other member of the Consortium will be responsible for the procurement and construction of the Project. The engineering, procurement and construction contract value for the Project amounts to approximately RMB297 million (excluding the waste water treatment service fee to be collected and charged by Everbright Water). With a total designed industrial waste water treatment capacity of 60,000 m 3/day, Jiangyin High- tech Plant will be implemented in two phases. Among which, Jiangyin High-tech Plant Phase I has a designed industrial waste water treatment capacity of 30,000 m3/day. Jiangyin High-tech Plant Phase I Stage 1 will complete all civil engineering works of the Plant Phase I, procure and install all necessary equipment for the Plant Phase I Stage 1, and establish a supplementary network of waste water collection pipelines and tailwater wetland for an ecological buffer zone. As the first dedicated industrial waste water treatment plant in Jiangyin High-tech Zone, Jiangyin High-tech Plant will mainly provide electronic industrial waste water treatment services to the enterprises located in Jiangyin High-tech Zone's Microelectronics Integrated Circuit Industrial Park. Such industrial park mainly focuses on the development of chip design, integrated circuit packaging and testing, new optical display, optical communication, intelligent fusion terminals, key components and modules, cloud computing and other fields. The industrial park is committed to becoming a leading industrial cluster at home and abroad. The major water quality indicators of the Plant Phase I will comply with the Environmental Quality Standards for Surface Water (GB 3838-2002) ("Surface Water Standards") for Category IV, among which the indicators of NH3-N and TP will comply with the Surface Water Standards for Category III, while other indicators will comply with the national Grade 1A standard according to the Discharge Standard of Pollutants for Municipal Wastewater Treatment Plant (GB 18918-2002). Being the second project secured by Everbright Water based on the EPCO model, the Project not only marks the Company's active exploration and practices of the new model, but also complements the Company's experience in providing services covering waste water pollution management and control, treatment technologies, operations management for the electronics and semiconductor industries. This will also enhance the Company's capability in providing holistic industrial waste water treatment services in the areas of integrated circuit silicon wafer, chip and packaging and testing. The relevant experience and capability will lay a solid foundation for the Company to further tap into the industrial waste water treatment field, ramp up its expansion efforts, and solidify and enhance its market position in the future. Reported Earnings • Mar 01
Full year 2022 earnings released: EPS: HK$0.35 (vs HK$0.42 in FY 2021) Full year 2022 results: EPS: HK$0.35 (down from HK$0.42 in FY 2021). Revenue: HK$6.73b (down 2.7% from FY 2021). Net income: HK$1.01b (down 16% from FY 2021). Profit margin: 15% (down from 17% in FY 2021). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Duyuru • Jan 28
China Everbright Water Limited to Report Fiscal Year 2022 Results on Feb 28, 2023 China Everbright Water Limited announced that they will report fiscal year 2022 results on Feb 28, 2023 Duyuru • Sep 24
China Everbright Water Limited Announces Executive Changes China Everbright Water Limited announced that Ms. Peng Pei has resigned as (i) the joint company secretary and (ii) an alternate authorised representative of the Company (the "Alternate Authorised Representative") to Mr. Tao Junjie ("Mr. Tao"), who is an authorised representative of the Company (the "Authorised Representative") under Rule 3.05 of the Rules Governing the Listing of Securities (the "SEHK Listing Rules") on The Stock Exchange of Hong Kong Limited (the "SEHK"), with effect from 24 September 2022 to pursue other career opportunities. The Board is also announced that, in replacement of Ms. Peng, Ms. Kwan Yun Fui ("Ms. Kwan") has been appointed as (i) the Joint Company Secretary and (ii) the Alternate Authorised Representative to Mr. Tao, with effect from 24 September 2022. Ms. Ho Wing Tsz Wendy ("Ms. Ho") will continue to serve as the other Joint Company Secretary. Ms. Kwan has been primarily responsible for the legal and corporate secretarial matters of the Company since she joined the Company in July 2017. Ms. Kwan has more than 10 years of working experience as a practicing lawyer and an in-house legal counsel. Prior to joining the Company, she was a practising lawyer at Messrs Shook Lin & Bok in Kuala Lumpur, Malaysia. Her areas of practice included corporate banking and finance, corporate real estate, and other corporate and commercial matters. Ms. Kwan holds a Postgraduate Diploma in Bar Vocational Studies and a Bachelor of Law (Honours) degree from Cardiff University, United Kingdom. She is also admitted as a Barrister-at-law, England and Wales and an advocate and solicitor of the High Court in Malaya. Ms. Kwan is also an associate of Chartered Secretaries Institute of Singapore and The Chartered Governance Institute, Singapore Division. Ms. Ho is an executive director of the corporate services division of Tricor Services Limited, a global professional services provider specialising in integrated business, corporate and investor services. Ms. Ho has over 25 years of working experience in the corporate secretarial field. She is a fellow member of both The Hong Kong Chartered Governance Institute and The Chartered Governance Institute. Buying Opportunity • Aug 20
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 3.0%. The fair value is estimated to be €0.24, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 5.5% in 2 years. Earnings is forecast to grow by 12% in the next 2 years. Reported Earnings • Aug 12
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down HK$548.2m from profit in 1H 2021). Profit margin: (down from 18% in 1H 2021). The decrease in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 2.0%, compared to a 6.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Duyuru • Aug 12
China Everbright Water Limited Announces Interim (Semi-Annual) Dividend for the Six Months Ended 30 June 2022, Payable on September 9, 2022 China Everbright Water Limited announced Interim (Semi-annual) dividend of HKD 0.0545 per share for the six months ended 30 June 2022. Ex-dividend date 25 August 2022, Record date 26 August 2022 and Payment date 09 September 2022. Duyuru • Jul 30
China Everbright Water Limited to Report First Half, 2022 Results on Aug 11, 2022 China Everbright Water Limited announced that they will report first half, 2022 results on Aug 11, 2022 Buying Opportunity • Apr 29
Now 28% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be €0.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 18%. For the next 3 years, revenue is forecast to grow by 2.6% per annum. Earnings is also forecast to grow by 6.5% per annum over the same time period. Duyuru • Apr 27
China Everbright Water Limited declares One-Tier Tax Exempt final Dividend for the Financial Year Ended December 31, 2021 China Everbright Water Limited at its annual general meeting held on 26 April 2022, declared One-Tier Tax Exempt final dividend of 6.83 Hong Kong cents (equivalent to 1.19 Singapore cents) per ordinary share for the financial year ended December 31, 2021. Upcoming Dividend • Apr 21
Upcoming dividend of S$0.012 per share Eligible shareholders must have bought the stock before 28 April 2022. Payment date: 18 May 2022. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 7.0%. Within top quartile of German dividend payers (3.9%). Higher than average of industry peers (3.5%). Buying Opportunity • Mar 08
Now 27% undervalued Over the last 90 days, the stock is up 7.6%. The fair value is estimated to be HK$0.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% per annum over the last 3 years. Earnings per share has grown by 18% per annum over the last 3 years. Reported Earnings • Mar 01
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: HK$0.42 (up from HK$0.36 in FY 2020). Revenue: HK$6.91b (up 22% from FY 2020). Net income: HK$1.20b (up 17% from FY 2020). Profit margin: 17% (in line with FY 2020). Revenue exceeded analyst estimates by 7.4%. Over the next year, revenue is forecast to grow 3.4%, compared to a 3.8% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Duyuru • Jan 30
China Everbright Water Limited to Report Fiscal Year 2021 Results on Feb 28, 2022 China Everbright Water Limited announced that they will report fiscal year 2021 results on Feb 28, 2022 Duyuru • Apr 29
China Everbright Water Limited Approves One-Tier Tax Exempt Final Dividend for the Financial Year Ended December 31, 2020 China Everbright Water Limited at its annual general meeting held on 27 April 2021, approved One-Tier Tax Exempt final dividend of 6.07 Hong Kong cents (equivalent to 1.04 Sing cents) per ordinary share for the financial year ended December 31, 2020. Upcoming Dividend • Apr 22
Upcoming dividend of S$0.01 per share Eligible shareholders must have bought the stock before 29 April 2021. Payment date: 17 May 2021. Trailing yield: 8.0%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (4.2%). Reported Earnings • Mar 25
Full year 2020 earnings released: EPS HK$0.36 (vs HK$0.30 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: HK$5.66b (up 2.0% from FY 2019). Net income: HK$1.02b (up 23% from FY 2019). Profit margin: 18% (up from 15% in FY 2019). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 26
Full year 2020 earnings released The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: HK$5.66b (up 2.0% from FY 2019). Net income: HK$1.02b (up 23% from FY 2019). Profit margin: 18% (up from 15% in FY 2019). Analyst Estimate Surprise Post Earnings • Feb 26
Revenue misses expectations Revenue missed analyst estimates by 2.2%. Over the next year, revenue is forecast to grow 12%, compared to a 6.5% growth forecast for the Water Utilities industry in Germany. Duyuru • Feb 26
China Everbright Water Limited, Annual General Meeting, Apr 27, 2021 China Everbright Water Limited, Annual General Meeting, Apr 27, 2021. Agenda: To propose final dividend. Duyuru • Jan 27
China Everbright Water Limited to Report Fiscal Year 2020 Results on Feb 25, 2021 China Everbright Water Limited announced that they will report fiscal year 2020 results on Feb 25, 2021 Duyuru • Jan 26
China Everbright Water Limited Secures Huai'an Huaiyin Eastern District WWT Project Phase II China Everbright Water Limited announced that the Company has recently entered into a supplementary agreement in relation to Huaiyin Eastern District Waste Water Treatment Project Phase II with the Housing and Urban-Rural Development Bureau of Huaiyin District of Huai'an City, Jiangsu Province. The Project Phase II commands an investment of approximately RMB 150 million. Huaiyin Eastern District Project Phase II will be invested in, constructed and operated based on a BOT (Build-Operate-Transfer) model. Its concession period will expire concurrently with the Project Phase I in July 2050. The Project Phase II has a designed daily waste water treatment capacity of 50,000 m3, and the discharged water will comply with the national Grade 1A standard according to the Discharge Standard of Pollutants for Municipal Wastewater Treatment Plant (GB18918-2002). In August 2019, Everbright Water signed a concession agreement with the Huaiyin Housing and Development Bureau in relation to Huaiyin Eastern District Project. Pursuant to the agreement, the Project will be implemented in three phases based on a BOT model, with a total designed daily waste water treatment capacity of 150,000 m3. With an investment of approximately RMB 156 million and a designed daily waste water treatment capacity of 50,000 m 3, the Project Phase I already commenced operation in 2020, with the discharged water complying with the national Grade 1A standard. Signing the supplementary agreement in relation to the Project Phase II marks the enhanced collaboration between Everbright Water and Huai'an City in the water sector. With stronger water treatment capability, the Company aims to further improve the local water environment and water ecosystem. Duyuru • Jul 31
China Everbright Water Limited to Report First Half, 2020 Results on Aug 12, 2020 China Everbright Water Limited announced that they will report first half, 2020 results on Aug 12, 2020