tiprankstipranks
Advertisement
Advertisement

Dynagreen Books RMB197.71 Million Impairment on Huludao Hazardous Waste Project

Story Highlights
  • Dynagreen recorded a RMB197.71 million impairment on its loss‑making Huludao hazardous waste project after testing showed future cash flows below book value.
  • The non‑cash impairment will hit 2025 earnings but is not expected to disrupt Dynagreen’s cash flow or expansion of its core waste incineration business.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Dynagreen Books RMB197.71 Million Impairment on Huludao Hazardous Waste Project

Claim 55% Off TipRanks

Dynagreen Environmental Protection Group Co., Ltd. Class H ( (HK:1330) ) has provided an announcement.

Dynagreen Environmental Protection Group has recognized a substantial asset impairment related to its Huludao Industrial Waste Treatment and Disposal Center, the company’s only hazardous waste project, following an end‑of‑year impairment test under Chinese accounting standards. The RMB197.71 million write‑down, driven by industry overcapacity and the project’s failure to secure a landfill operating license, reflects continued weak profitability after earlier impairments totaling RMB198.84 million.

The impairment, based on an independent appraisal showing future cash flows below the project’s book value of RMB254.46 million, will be fully charged to the company’s 2025 profit or loss. Dynagreen emphasized that the non‑cash provision will not materially affect its normal operations or cash flow, nor will it impede the growth of its core waste incineration business, suggesting limited immediate impact on its broader strategic positioning.

The most recent analyst rating on (HK:1330) stock is a Hold with a HK$5.50 price target. To see the full list of analyst forecasts on Dynagreen Environmental Protection Group Co., Ltd. Class H stock, see the HK:1330 Stock Forecast page.

More about Dynagreen Environmental Protection Group Co., Ltd. Class H

Dynagreen Environmental Protection Group Co., Ltd. is a PRC-incorporated environmental services provider focused on waste treatment, with its principal business centered on waste incineration. The company also operates hazardous waste treatment facilities, reflecting a broader exposure to the industrial waste management segment in China’s environmental protection industry.

Average Trading Volume: 2,674,771

Technical Sentiment Signal: Buy

Current Market Cap: HK$13.33B

Learn more about 1330 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1