China Dredging Environment Protection Holdings Limited logo

China Dredging Environment Protection Holdings Limited

0871.HK

HKSEIndustrialsEngineering & Construction

Latest quote

HK$0.049

+HK$0.001 · +2.08%

Aug 20, 2:18 PM HKTData delayed

0871.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

China Dredging Environment Protection Holdings Limited functions as an investment holding company, primarily providing a diverse array of dredging services throughout the People's Republic of China. The company's operations are organized into three principal divisions: Capital and Reclamation Dredging (CRD), Environmental Protection Dredging and Water Management (EPD & Water Management), and Other Marine Business. The CRD segment is dedicated to undertaking capital and land reclamation dredging projects, complemented by advisory services. Its EPD and Water Management division focuses on dredging and water management initiatives, alongside construction services specifically designed to improve environmental conditions and water quality, particularly within inland rivers. The Other Marine Business segment encompasses activities such as the installation of marine wind power equipment, heavy hoisting for docks and bridges, the laying of underwater pipelines, and other specialized marine operations. This segment also includes the management and leasing of shopping malls and factories, as well as hotel construction. Furthermore, the company manufactures and distributes dredging machinery, engages in property investment, development, and management, and provides financing services including lending and venture capital for the technology sector. Established in 2011, the company, headquartered in Yancheng, People's Republic of China, adopted its current name in January 2014, having previously operated as Xiangyu Dredging Holdings Limited.

Industry
Engineering & Construction
Sector
Industrials
Headquarters
CN
CEO
Yajun Liu
Listed since
Jun 20, 2011
Employees
418

Market position

Day range

Current HK$0.049

52-week range

Current HK$0.049

Open
HK$0.057
Previous close
HK$0.048
Volume
40K
0.15× average
Average volume
267.16K
Average daily volume
Market cap
73.69M HKD
Beta
0.35
Market reference 1
50-day average
HK$0.0596
-17.76% below average
200-day average
HK$0.0731
-33.01% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
363.84M CNY
P/E (TTM)
-0.64×
P/B (TTM)
2.19×
P/S (TTM)
0.21×
EV / EBITDA
4.08×
Earnings yield
-106.82%
Free cash flow yield
47.60%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
20.13%
Operating margin
0.86%
Net margin
-32.46%
Return on equity
-340.11%
Return on assets
-8.34%
Return on invested capital
0.44%

Financial health

Debt / equity
10.83×
Current ratio
0.47×
Altman Z-score
-1.28
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends33%-15%-63%-111%Gross margin, FY2021: 9.02%Gross margin, FY2022: 20.71%Gross margin, FY2023: 12.20%Gross margin, FY2024: 8.80%Gross margin, FY2025: 20.13%Operating margin, FY2021: -8.24%Operating margin, FY2022: -32.45%Operating margin, FY2023: -30.48%Operating margin, FY2024: -8.66%Operating margin, FY2025: 0.86%Net margin, FY2021: 5.83%Net margin, FY2022: -88.31%Net margin, FY2023: -61.48%Net margin, FY2024: -99.02%Net margin, FY2025: -32.46%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 9.02%. Gross margin FY2022 20.71%. Gross margin FY2023 12.20%. Gross margin FY2024 8.80%. Gross margin FY2025 20.13%. Operating margin FY2021 -8.24%. Operating margin FY2022 -32.45%. Operating margin FY2023 -30.48%. Operating margin FY2024 -8.66%. Operating margin FY2025 0.86%. Net margin FY2021 5.83%. Net margin FY2022 -88.31%. Net margin FY2023 -61.48%. Net margin FY2024 -99.02%. Net margin FY2025 -32.46%.

Income trends

Revenue

302.25M CNY-7.07%

Operating income

2.59M CNY+30.75M CNY

Net income

−98.12M CNY+69.53%
Income trends across reported periods460.17M CNY169.05M CNY−122.07M CNY−413.19M CNYRevenue, FY2021: 387.39M CNYRevenue, FY2022: 385.47M CNYRevenue, FY2023: 375.16M CNYRevenue, FY2024: 325.23M CNYRevenue, FY2025: 302.25M CNYOperating income, FY2021: −31.91M CNYOperating income, FY2022: −125.09M CNYOperating income, FY2023: −114.34M CNYOperating income, FY2024: −28.17M CNYOperating income, FY2025: 2.59M CNYNet income, FY2021: 22.59M CNYNet income, FY2022: −340.41M CNYNet income, FY2023: −230.67M CNYNet income, FY2024: −322.05M CNYNet income, FY2025: −98.12M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 387.39M CNY. Revenue FY2022 385.47M CNY. Revenue FY2023 375.16M CNY. Revenue FY2024 325.23M CNY. Revenue FY2025 302.25M CNY. Operating income FY2021 −31.91M CNY. Operating income FY2022 −125.09M CNY. Operating income FY2023 −114.34M CNY. Operating income FY2024 −28.17M CNY. Operating income FY2025 2.59M CNY. Net income FY2021 22.59M CNY. Net income FY2022 −340.41M CNY. Net income FY2023 −230.67M CNY. Net income FY2024 −322.05M CNY. Net income FY2025 −98.12M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue302.25M CNY325.23M CNY375.16M CNY385.47M CNY387.39M CNY
Cost of goods sold241.42M CNY296.61M CNY329.41M CNY305.63M CNY352.46M CNY
Gross profit60.83M CNY28.63M CNY45.75M CNY79.84M CNY34.93M CNY
Selling, general, and administrative58.24M CNY49.65M CNY46.52M CNY42.35M CNY43.82M CNY
Operating expenses58.24M CNY56.79M CNY157.95M CNY200.52M CNY66.83M CNY
Interest income1.4M CNY417K CNY1.02M CNY374K CNY11K CNY
Interest expense17.82M CNY21.39M CNY24.98M CNY26.21M CNY33.07M CNY
Depreciation and amortization86.65M CNY89.31M CNY91.56M CNY90.63M CNY90.69M CNY
Operating income2.59M CNY−28.17M CNY−114.34M CNY−125.09M CNY−31.91M CNY
Net income−98.12M CNY−322.05M CNY−230.67M CNY−340.41M CNY22.59M CNY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-0.21

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.20.04-0.12-0.28Q2 '21Q4 '21Q3 '22Q2 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual 0.161, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual -0.118, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 31, 2022: actual -0.014, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Apr 2, 2023: actual -0.244, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Sep 1, 2023: actual -0.004, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 28, 2024: actual -0.166, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 31, 2024: actual -0.023, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 31, 2025: actual -0.206, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates854.78M618.3M381.81M145.32MQ2 '21No estimateQ4 '21No estimateQ3 '22No estimateQ2 '23No estimateQ3 '23MissQ1 '24MissQ3 '24No estimateQ1 '25No estimate
Q2 2021, reported Jun 30, 2021: actual 176.26M HKD, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual 294.56M HKD, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 31, 2022: actual 202.21M HKD, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Apr 2, 2023: actual 242.29M HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Sep 1, 2023: actual 238.66M HKD, estimate 804.13M HKD, surprise -70.32%, Miss. Q1 2024, reported Mar 28, 2024: actual 170.97M HKD, estimate 804.13M HKD, surprise -78.74%, Miss. Q3 2024, reported Aug 31, 2024: actual 176.22M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 31, 2025: actual 171.43M HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Corporate action history

Dividend

Ex-dividend Sep 18, 2012

HK$0.02

Irregular

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