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Zhejiang Tengy Environmental Technology Co., Ltd. Class H
(1527)
Zhejiang Tengy Environmental Technology Co., Ltd. Class H (1527) vs. iShares MSCI Hong Kong ETF (EWH)
Zhejiang Tengy Environmental Technology Co., Ltd. Class H Business Overview & Revenue Model
Zhejiang Tengy Environmental Technology Co., Ltd. Class H Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 744.94M | 620.13M | 472.47M | 763.16M | 607.08M | Gross Profit |
| 218.18M | 140.82M | 67.44M | 110.99M | 110.95M | EBIT |
| 126.70M | 81.83M | -8.36M | 23.31M | 5.57M | EBITDA |
| 123.51M | 74.93M | 91.16M | 40.07M | 15.62M | Net Income Common Stockholders |
| 84.64M | 42.71M | 53.60M | 20.61M | 4.49M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 660.12M | 458.59M | 241.04M | 18.21M | 118.01M | Total Assets |
| 2.05B | 1.80B | 1.54B | 1.59B | 1.50B | Total Debt |
| 85.00M | 89.50M | 55.00M | 115.16M | 122.81M | Net Debt |
| -575.12M | -363.64M | -186.04M | 105.78M | 18.26M | Total Liabilities |
| 1.09B | 926.68M | 701.50M | 807.73M | 740.57M | Stockholders Equity |
| 954.82M | 870.18M | 834.22M | 780.62M | 760.00M |
| Cash Flow | Free Cash Flow | |||
| 0.00 | 197.79M | 61.68M | -32.82M | 128.83M | Operating Cash Flow |
| 0.00 | 252.97M | 67.21M | -13.04M | 129.52M | Investing Cash Flow |
| 0.00 | -64.94M | 215.28M | -82.00M | -44.95M | Financing Cash Flow |
| 0.00 | 23.25M | -51.50M | -106.50M | -18.55M |
Zhejiang Tengy Environmental Technology Co., Ltd. Class H Technical Analysis
Zhejiang Tengy Environmental Technology Co., Ltd. Class H Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | $59.57B | 12.75 | 8.13% | 3.72% | 15.29% | -9.20% | |
75 Outperform | HK$166.67B | 4.21 | 26.08% | 2.43% | -43.77% | ― | |
74 Outperform | HK$13.71B | 4.52 | 3.19% | ― | -5.52% | 6.15% | |
72 Outperform | HK$2.64B | 10.06 | 9.28% | 4.42% | 9.98% | 330.72% | |
66 Neutral | HK$186.30M | 2.03 | 9.30% | 5.33% | 17.99% | 97.50% | |
66 Neutral | $4.50B | 12.26 | 5.40% | 3.65% | 4.17% | -12.02% | |
51 Neutral | $24.78B | ― | -11.91% | ― | -56.32% | -272.70% |
Zhejiang Tengy Environmental Technology Co., Ltd. Class H Corporate Events
Zhejiang Tengy Environmental Technology Co., Ltd has announced its upcoming annual general meeting, scheduled for May 30, 2025, in Zhuji City, Zhejiang Province. The meeting will address several key resolutions, including the approval of the company’s financial statements for 2024, the appointment of new independent non-executive directors, and the re-election of existing board members and supervisors. Additionally, the re-appointment of ZHONGHUI ANDA CPA Limited as the independent auditor will be considered. These decisions are crucial for maintaining the company’s governance structure and ensuring continued compliance with financial and operational standards.
Zhejiang Tengy Environmental Technology Co., Ltd has announced proposed amendments to its Articles of Association in response to recent changes in Chinese laws and regulations, as well as updates to the Hong Kong Stock Exchange’s Listing Rules. These amendments are aimed at aligning the company’s governance with new shareholder protection standards and are subject to shareholder approval at the upcoming annual general meeting. Additionally, the company announced the resignation of two independent non-executive directors, Mr. Fung Kui Kei and Mr. Li Jiannan, who are stepping down to focus on personal commitments. The board expressed gratitude for their contributions.
Zhejiang Tengy Environmental Technology Co., Ltd has entered into a new lease agreement for office premises in Zhuji City, Zhejiang Province, China. The lease, which is a continuing connected transaction, is for a term of one year starting from October 1, 2024, with an annual rental amount of RMB450,000. This transaction is considered de minimis under the Listing Rules, meaning it is exempt from certain regulatory requirements, reflecting the company’s ongoing operational commitments and its strategic positioning within the industry.
Zhejiang Tengy Environmental Technology Co., Ltd has entered into a Lease Agreement with TGL for leasing plant and equipment for a year, starting from April 14, 2025, with an annual rental of RMB3.5 million. This transaction, involving a substantial shareholder, is classified as a continuing connected transaction under Chapter 14A of the Listing Rules, subject to reporting and annual review requirements but exempt from circular and independent shareholder approval due to its size.
Zhejiang Tengy Environmental Technology Co., Ltd reported a significant financial performance for the year ended December 31, 2024, with a revenue increase of approximately 20.1% to RMB744.9 million and a profit increase of 98.2% to RMB84.6 million. Despite the strong financial results, the company decided not to distribute a final dividend for the year, which may impact shareholder expectations but reflects a strategic decision to potentially reinvest in operations or manage financial stability.
Zhejiang Tengy Environmental Technology Co., Ltd has announced a positive profit alert, expecting a significant increase in net profit for the year ended December 31, 2024, reaching approximately RMB84.6 million, compared to RMB42.7 million in the previous year. This growth is attributed to a decrease in raw material costs, securing higher profit margins from large-scale projects, and despite an increase in administrative expenses. The final financial results are yet to be audited and will be published by the end of March 2025.
Zhejiang Tengy Environmental Technology Co., Ltd has announced a board meeting scheduled for March 28, 2025, to discuss and approve the audited annual results for the financial year ending December 31, 2024. The meeting will also consider the declaration and payment of final dividends, which could impact the company’s financial strategy and stakeholder returns.