China Environmental Technology Holdings Limited (HK:0646)
:0646
Top Page
China Environmental Technology Holdings Limited
(0646)
Select Model
Select Model
Rating:46Neutral
Price Target:
HK$0.15
▼(-11.76% Downside)
Action:ReiteratedDate:10/16/25
The overall stock score is primarily impacted by the company's poor financial performance, characterized by persistent losses and negative equity. Technical analysis provides a neutral outlook, while valuation is unattractive due to a negative P/E ratio and lack of dividend yield.
Positive Factors
Revenue Growth
A near-80% top-line increase year-over-year demonstrates meaningful demand traction and sales momentum. Over a 2–6 month horizon this growth provides capacity to absorb fixed costs, supports scaling of operations, and creates optionality to improve margins if revenue quality sustains.
Negative Factors
Negative Shareholders' Equity
Material negative equity signals balance-sheet insolvency risk and undermines creditor and investor confidence. It produces a negative debt-to-equity ratio, limits access to traditional financing, and creates persistent refinancing or recapitalization needs that threaten long-term financial flexibility.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
A near-80% top-line increase year-over-year demonstrates meaningful demand traction and sales momentum. Over a 2–6 month horizon this growth provides capacity to absorb fixed costs, supports scaling of operations, and creates optionality to improve margins if revenue quality sustains.
Read all positive factors
China Environmental Technology Holdings Limited (0646) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$51.75M
Dividend YieldN/A
Average Volume (3M)39.04K
Price to Earnings (P/E)―
Beta (1Y)0.05
Revenue Growth4.13%
EPS Growth-5.11%
CountryHK
Employees67
SectorIndustrials
Sector Strength72
IndustryWaste Management
Share Statistics
EPS (TTM)-0.07
Shares Outstanding342,697,940
10 Day Avg. Volume35,120
30 Day Avg. Volume39,040
Financial Highlights & Ratios
PEG Ratio0.05
Price to Book (P/B)-0.10
Price to Sales (P/S)2.14
P/FCF Ratio-6.57
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
China Environmental Technology Holdings Limited Business Overview & Revenue Model
Company Description
China Environmental Technology Holdings Limited, an investment holding company, provides wastewater treatment plants construction and operation services, and trades in machinery and equipment in the People's Republic of China. The company operates...
How the Company Makes Money
The company generates revenue through multiple streams, primarily from the sale and installation of its waste management and water treatment systems, as well as ongoing maintenance and consulting services. Key revenue streams include contracts for...
China Environmental Technology Holdings Limited Financial Statement Overview
Summary
Income Statement
35
Negative
Balance Sheet
20
Very Negative
Cash Flow
10
Very Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 18.62M | 28.23M | 15.72M | 38.40M | 44.61M | 53.50M |
| Gross Profit | 3.53M | 7.78M | 6.53M | 13.61M | 16.30M | 17.38M |
| EBITDA | -21.62M | -6.06M | -14.38M | 4.12M | -24.81M | -30.54M |
| Net Income | -37.23M | -30.74M | -43.16M | -25.01M | -53.64M | -68.05M |
Balance Sheet | ||||||
| Total Assets | 31.92M | 37.23M | 40.57M | 34.88M | 50.74M | 75.57M |
| Cash, Cash Equivalents and Short-Term Investments | 1.71M | 892.00K | 2.06M | 790.00K | 1.11M | 1.19M |
| Total Debt | 166.31M | 162.92M | 217.52M | 215.52M | 214.23M | 205.58M |
| Total Liabilities | 637.43M | 610.17M | 652.20M | 610.79M | 615.82M | 613.25M |
| Stockholders Equity | -610.53M | -576.18M | -616.99M | -581.58M | -571.16M | -541.53M |
Cash Flow | ||||||
| Free Cash Flow | -5.13M | -9.18M | -2.11M | -14.38M | -8.99M | -13.96M |
| Operating Cash Flow | -4.89M | -8.93M | -2.11M | -14.38M | -8.99M | -13.74M |
| Investing Cash Flow | -242.00K | -240.00K | 1.00K | 5.00K | -313.00K | -104.00K |
| Financing Cash Flow | -249.00K | 8.10M | -241.00K | 1.43M | 8.67M | 9.10M |
China Environmental Technology Holdings Limited Technical Analysis
Negative
0.17
Price Trends
0.15
Negative
0.16
Negative
0.16
Negative
Market Momentum
>-0.01
Negative
48.26
Neutral
89.29
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0646, the sentiment is Negative. The current price of 0.17 is above the 20-day moving average (MA) of 0.15, above the 50-day MA of 0.15, and above the 200-day MA of 0.16, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 48.26 is Neutral, neither overbought nor oversold. The STOCH value of 89.29 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0646.
China Environmental Technology Holdings Limited Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
57 Neutral | HK$68.04M | 2.72 | -0.77% | ― | 2.94% | -56.79% | |
52 Neutral | HK$40.32M | -6.31 | -3.09% | ― | -72.66% | -127.43% | |
48 Neutral | HK$40.80M | 10.19 | -12.22% | ― | -57.27% | -190.00% | |
47 Neutral | HK$91.64M | -1.85 | -224.73% | ― | -2.08% | -647.01% | |
46 Neutral | HK$51.75M | -1.06 | ― | ― | 4.13% | -5.11% | |
44 Neutral | HK$65.93M | 18.02 | -11.46% | ― | 12.29% | 51.28% |
* Industrials Sector Average
HK:0646
China Environmental Technology Holdings Limited
0.15
-0.07
-32.89%
HK:0923
Integrated Waste Solutions Group Holdings Limited
0.02
<0.01
35.71%
HK:8201
PPS International (Holdings) Ltd.
0.13
0.07
106.56%
HK:8309
Man Shing Global Holdings Limited
0.07
<0.01
6.25%
HK:8320
Allied Sustainability and Environmental Consultants Group Limited
0.09
>-0.01
-9.00%
HK:8472
Lapco Holdings Limited
0.35
-0.05
-12.50%
China Environmental Technology Holdings Limited Corporate Events
China Environmental Technology Tightens Governance With Updated Nomination Committee Mandate
Dec 31, 2025
China Environmental Technology Holdings Limited has updated the terms of reference for its Nomination Committee as of 31 December 2025, formalising the committee’s role in overseeing director nomination policy, succession planning, and the s...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.