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Tianjin Capital Environmental Protection Group Co ( (HK:1065) ) just unveiled an update.
Tianjin Capital Environmental Protection Group Co. announced a significant recovery of accounts receivable, with a one-time payment of RMB1.989 billion from the Tianjin Water Bureau to settle historical arrears. This recovery is expected to enhance the company’s cash flow and positively impact its financial performance in 2025, as the company continues its efforts to manage accounts receivable and maintain transparency with investors.
The most recent analyst rating on (HK:1065) stock is a Buy with a HK$5.00 price target. To see the full list of analyst forecasts on Tianjin Capital Environmental Protection Group Co stock, see the HK:1065 Stock Forecast page.
More about Tianjin Capital Environmental Protection Group Co
Tianjin Capital Environmental Protection Group Co., a joint stock limited company incorporated in China, operates in the environmental protection industry. The company focuses on services related to sewage treatment and has a market focus on improving environmental infrastructure and services in collaboration with local governments.
YTD Price Performance: 27.70%
Average Trading Volume: 5,886,650
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$9.2B
See more insights into 1065 stock on TipRanks’ Stock Analysis page.