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China Water Industry Group Limited
(1129)
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Rating:40Underperform
Price Target:
HK$0.16
▼(-44.64% Downside)
Action:Downgraded
Date:06/03/26
The score is primarily held down by weak financial performance (sharp revenue decline, severe margin compression, and persistent losses) and bearish technicals (price below key moving averages with negative MACD). A modest offset comes from improved 2025 cash flow, but a negative P/E and lack of dividend data limit valuation support.
Positive Factors
Regulated water business
Operating in the regulated water sector provides structural demand stability and regulatory oversight that support predictable service contracts and long asset lives. This underpins steady utility-like revenue streams and high barriers to entry, supporting resilience over the next 2–6 months.
Negative Factors
Sharp revenue decline
Sustained and steep revenue contraction erodes scale economics and limits the firm’s ability to cover fixed costs and service obligations. Continued top-line decline makes margin recovery, cash generation, and operational turnaround materially harder over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Regulated water business
Operating in the regulated water sector provides structural demand stability and regulatory oversight that support predictable service contracts and long asset lives. This underpins steady utility-like revenue streams and high barriers to entry, supporting resilience over the next 2–6 months.
Read all positive factors
China Water Industry Group Limited (1129) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$103.05M
Dividend YieldN/A
Average Volume (3M)2.75M
Price to Earnings (P/E)―
Beta (1Y)0.55
Revenue Growth-56.43%
EPS Growth57.59%
CountryHK
Employees354
SectorUtilities
Sector Strength65
IndustryRegulated Water
Share Statistics
EPS (TTM)-0.45
Shares Outstanding632,193,900
10 Day Avg. Volume496,240
30 Day Avg. Volume2,747,000
Financial Highlights & Ratios
PEG Ratio0.01
Price to Book (P/B)0.26
Price to Sales (P/S)0.73
P/FCF Ratio14.82
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 Water Industry Group Limited Business Overview & Revenue Model
Company Description
China Water Industry Group Limited, an investment holding company, provides sewage treatment and related construction services in the People’s Republic of China. It operates through the Provision of Sewage Treatment and Related Construction Servic...
How the Company Makes Money
null...
China Water Industry Group Limited Financial Statement Overview
Summary
Income Statement
24
Negative
Balance Sheet
46
Neutral
Cash Flow
33
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 233.84M | 536.63M | 733.79M | 1.22B | 1.10B |
| Gross Profit | -21.05M | 87.13M | 184.20M | 357.61M | 420.53M |
| EBITDA | 16.10M | -80.23M | 27.64M | 264.53M | 300.42M |
| Net Income | -276.02M | -322.28M | -243.45M | -89.20M | -44.02M |
Balance Sheet | |||||
| Total Assets | 2.02B | 2.32B | 3.37B | 3.46B | 3.86B |
| Cash, Cash Equivalents and Short-Term Investments | 52.38M | 32.86M | 144.92M | 214.56M | 308.05M |
| Total Debt | 661.01M | 807.10M | 982.23M | 769.90M | 849.86M |
| Total Liabilities | 1.14B | 1.26B | 1.73B | 1.56B | 1.94B |
| Stockholders Equity | 646.89M | 796.20M | 1.13B | 1.40B | 1.37B |
Cash Flow | |||||
| Free Cash Flow | 11.55M | -82.60M | -171.67M | -50.59M | -103.05M |
| Operating Cash Flow | 18.80M | 3.42M | 29.59M | 297.56M | 171.58M |
| Investing Cash Flow | 4.38M | 98.96M | -228.84M | -489.67M | -69.95M |
| Financing Cash Flow | -28.27M | -212.85M | 151.43M | 98.55M | -270.88M |
China Water Industry Group Limited Technical Analysis
Negative
0.28
Price Trends
0.27
Negative
0.33
Negative
0.46
Negative
Market Momentum
-0.03
Negative
29.08
Positive
-42.86
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1129, the sentiment is Negative. The current price of 0.28 is above the 20-day moving average (MA) of 0.18, above the 50-day MA of 0.27, and below the 200-day MA of 0.46, indicating a bearish trend. The MACD of -0.03 indicates Negative momentum. The RSI at 29.08 is Positive, neither overbought nor oversold. The STOCH value of -42.86 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1129.
China Water Industry Group Limited Peers Comparison
UnderperformOutperform
Sector (66)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | HK$1.80B | 6.30 | 2.82% | ― | 7.38% | 37.96% | |
66 Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% | |
63 Neutral | HK$7.15B | 7.30 | 6.61% | 5.22% | -11.32% | -8.09% | |
58 Neutral | HK$22.63B | 14.34 | 5.31% | 6.48% | -9.04% | -7.02% | |
55 Neutral | HK$488.83M | 2.13 | 3.64% | ― | -7.09% | -25.68% | |
42 Neutral | HK$110.97M | -0.05 | -514.90% | ― | -15.27% | -6.77% | |
40 Underperform | HK$103.05M | -0.36 | -36.69% | ― | -56.43% | 57.59% |
* Utilities Sector Average
HK:1129
China Water Industry Group Limited
0.16
-0.06
-26.24%
HK:0371
Beijing Enterprises Water Group
2.26
-0.03
-1.40%
HK:0855
China Water Affairs Group
4.38
-1.33
-23.29%
HK:6136
Kangda International Environmental Co Ltd
0.78
0.41
110.81%
HK:6839
Yunnan Water Investment Co., Limited Class H
0.09
-0.08
-47.75%
HK:3768
Kunming Dianchi Water Treatment Co., Ltd. Class H
0.48
-0.14
-22.13%
China Water Industry Group Limited Corporate Events
China Water Industry Group Ordered Wound Up as Hong Kong Court Triggers Trading Suspension
Jun 15, 2026
China Water Industry Group Limited has been ordered to be wound up by the High Court of Hong Kong in relation to a long-running winding-up petition, with the Official Receiver automatically appointed as Provisional Liquidator. As a result, the com...
China Water Industry Seeks Settlement as Court Adjourns Winding-Up Petition Hearing
Jun 8, 2026
China Water Industry Group Limited has updated investors on the status of a winding-up petition, confirming that the Hong Kong High Court has adjourned the hearing of the petition and a supporting creditor’s substitution application to 15 Ju...
China Water Industry Clarifies Discounted Rights Issue and Share Placing in 2025 Report
Jun 8, 2026
China Water Industry Group Limited has provided supplemental information to its 2025 annual report, detailing terms of a non-underwritten rights issue and a share placing conducted over the past year. The clarification aims to give investors great...
China Water Industry Sets 2026 AGM to Renew Mandates and Board Appointments
Jun 1, 2026
China Water Industry Group Limited has called its annual general meeting for 26 June 2026 in Hong Kong, where shareholders will review and adopt the audited consolidated financial statements and directors’ and auditors’ reports for the...
China Water Industry Extends Deadline for Convertible Bond Issuance
May 29, 2026
China Water Industry Group Limited has agreed with subscribers to extend the long stop date for issuing its previously announced convertible bonds under a specific mandate. The deadline for satisfying conditions under the subscription agreement ha...
China Water Industry Seeks Settlement as Winding-Up Petition Hearing Adjourned
May 27, 2026
China Water Industry Group Limited has updated investors on a winding-up petition currently before the High Court of Hong Kong, stating that the latest hearing on 27 May 2026 resulted in an adjournment of the case to 8 June 2026. The court has not...
China Water Industry Faces New Supporting Creditor in Winding-Up Petition
May 21, 2026
China Water Industry Group Limited has updated investors on the winding-up petition it faces, noting that three previously named supporting creditors are no longer creditors of the company and will not participate in future hearings. However, a ne...
China Water Industry Gets Adjournment in Winding-Up Petition Case
Apr 29, 2026
China Water Industry Group Limited has updated investors on the winding-up petition it faces, confirming that a court hearing on the case held on 29 April 2026 resulted in an adjournment to 27 May 2026. The company also disclosed that one of the s...
China Water Industry Wins Unanimous Shareholder Backing for Convertible Bond Issue
Apr 14, 2026
China Water Industry Group Limited secured shareholder approval at an extraordinary general meeting held in Hong Kong on 14 April 2026 to proceed with a new financing arrangement. Investors voted by poll to endorse a subscription agreement for the...
China Water Industry Agrees IFC Debt Rescheduling Tied to Convertible Bonds
Apr 10, 2026
China Water Industry Group has entered into a formal rescheduling deed with IFC to amend terms of an existing loan agreement, forming the core of a broader debt restructuring plan. The arrangement links loan repayment to a series of planned conver...
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.