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China Environmental Technology Holdings Limited logo

China Environmental Technology Holdings Limited

0646.HK

HKSEIndustrialsEngineering & Construction

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Latest quote

HK$0.113

−HK$0.017 · -13.08%

Aug 25, 4:08 PM HKT

0646.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

China Environmental Technology Holdings Limited, an investment holding company, provides wastewater treatment plants construction and operation services in the People's Republic of China. The company operates through three segments: Wastewater Treatment; Healthcare; and Energy Management. It is involved in the development of water purification technology; and trading of wastewater treatment equipment, facilities, and machineries. The company also develops environmental protection related projects; and provides environmental protection technology, and equipment system integration, as well as offers environmental consultancy and project technical services. In addition, it develops medical information systems and medical technology; and provides healthcare management consulting services and related products. Further, the company engages in the electricity trading, power system operation, and management services; and provision of power generation, transmission, and supply business. China Environmental Technology Holdings Limited was founded in 1989 and is headquartered in Kowloon, Hong Kong.

Industry
Engineering & Construction
Sector
Industrials
Headquarters
HK
CEO
Zhong Ping Xu
Listed since
Mar 28, 2002
Employees
56

Market position

52-week range

Current HK$0.113

Open
HK$0.113
Previous close
HK$0.13
Volume
0
0× average
Average volume
98.28K
Average daily volume
Market cap
38.72M HKD
Beta
0.26
Market reference 1
50-day average
HK$0.1247
-9.41% below average
200-day average
HK$0.1403
-19.47% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
229.43M HKD
P/E (TTM)
-0.98×
P/B (TTM)
-0.06×
P/S (TTM)
1.83×
EV / EBITDA
-10.73×
Earnings yield
-94.38%
Free cash flow yield
-16.81%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
30.11%
Operating margin
-104.16%
Net margin
-186.05%
Return on equity
8.21%
Return on assets
-151.26%
Return on invested capital
8.35%

Financial health

Debt / equity
-0.28×
Current ratio
0.07×
Altman Z-score
-65.81
Piotroski F-score
1 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends73%-53%-180%-306%Gross margin, FY2021: 36.55%Gross margin, FY2022: 35.44%Gross margin, FY2023: 41.51%Gross margin, FY2024: 27.57%Gross margin, FY2025: 29.84%Operating margin, FY2021: -48.17%Operating margin, FY2022: 7.49%Operating margin, FY2023: -96.60%Operating margin, FY2024: -24.01%Operating margin, FY2025: -98.37%Net margin, FY2021: -120.25%Net margin, FY2022: -65.14%Net margin, FY2023: -274.56%Net margin, FY2024: -108.90%Net margin, FY2025: -170.72%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 36.55%. Gross margin FY2022 35.44%. Gross margin FY2023 41.51%. Gross margin FY2024 27.57%. Gross margin FY2025 29.84%. Operating margin FY2021 -48.17%. Operating margin FY2022 7.49%. Operating margin FY2023 -96.60%. Operating margin FY2024 -24.01%. Operating margin FY2025 -98.37%. Net margin FY2021 -120.25%. Net margin FY2022 -65.14%. Net margin FY2023 -274.56%. Net margin FY2024 -108.90%. Net margin FY2025 -170.72%.

Income trends

Revenue

30.69M HKD+8.73%

Operating income

−30.19M HKD-345.47%

Net income

−52.4M HKD-70.45%
Income trends across reported periods54.44M HKD15.13M HKD−24.17M HKD−63.47M HKDRevenue, FY2021: 44.61M HKDRevenue, FY2022: 38.4M HKDRevenue, FY2023: 15.72M HKDRevenue, FY2024: 28.23M HKDRevenue, FY2025: 30.69M HKDOperating income, FY2021: −21.49M HKDOperating income, FY2022: 2.88M HKDOperating income, FY2023: −15.19M HKDOperating income, FY2024: −6.78M HKDOperating income, FY2025: −30.19M HKDNet income, FY2021: −53.64M HKDNet income, FY2022: −25.01M HKDNet income, FY2023: −43.16M HKDNet income, FY2024: −30.74M HKDNet income, FY2025: −52.4M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 44.61M HKD. Revenue FY2022 38.4M HKD. Revenue FY2023 15.72M HKD. Revenue FY2024 28.23M HKD. Revenue FY2025 30.69M HKD. Operating income FY2021 −21.49M HKD. Operating income FY2022 2.88M HKD. Operating income FY2023 −15.19M HKD. Operating income FY2024 −6.78M HKD. Operating income FY2025 −30.19M HKD. Net income FY2021 −53.64M HKD. Net income FY2022 −25.01M HKD. Net income FY2023 −43.16M HKD. Net income FY2024 −30.74M HKD. Net income FY2025 −52.4M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue30.69M HKD28.23M HKD15.72M HKD38.4M HKD44.61M HKD
Cost of goods sold21.53M HKD20.45M HKD9.2M HKD24.79M HKD28.31M HKD
Gross profit9.16M HKD7.78M HKD6.53M HKD13.61M HKD16.3M HKD
Selling, general, and administrative30.68M HKD29.74M HKD27.85M HKD30.25M HKD37.79M HKD
Operating expenses39.35M HKD14.56M HKD21.71M HKD10.73M HKD37.79M HKD
Interest income1K HKD2K HKD1K HKD5K HKD4K HKD
Interest expense24.2M HKD25.99M HKD28.15M HKD27.9M HKD25.39M HKD
Depreciation and amortization139K HKD717K HKD807K HKD1.25M HKD3.31M HKD
Operating income−30.19M HKD−6.78M HKD−15.19M HKD2.88M HKD−21.49M HKD
Net income−52.4M HKD−30.74M HKD−43.16M HKD−25.01M HKD−53.64M HKD

Company facts updated Aug 25, 2026.

Earnings

Latest EPS result
-0.07

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates-0.02-0.09-0.16-0.22Q2 '21Q4 '21Q3 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual -0.101, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual -0.182, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 31, 2022: actual -0.047, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 31, 2023: actual -0.067, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 31, 2023: actual -0.068, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 28, 2024: actual -0.127, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 30, 2024: actual -0.028, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 28, 2025: actual -0.074, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates35.72M26.03M16.34M6.65MQ2 '21Q4 '21Q3 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual 33.65M HKD, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual 10.96M HKD, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 31, 2022: actual 27.44M HKD, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 31, 2023: actual 10.96M HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 31, 2023: actual 7.82M HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 28, 2024: actual 7.9M HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 30, 2024: actual 19.1M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 28, 2025: actual 9.13M HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Corporate action history

Stock split

Effective Sep 29, 2021

1:20

Stock split

Effective Mar 2, 2010

2:1

Stock split

Effective Feb 16, 2009

2:1

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