China Environmental Technology and Bioenergy Holdings Limited logo

China Environmental Technology and Bioenergy Holdings Limited

1237.HK

HKSEConsumer CyclicalFurnishings, Fixtures & Appliances

Latest quote

HK$0.805

+HK$0.015 · +1.90%

Aug 24, 1:10 PM HKTData delayed

1237.HK company overview

Historical prices · Market data may be delayed.

Company profile

Company website

Operating as an investment holding company, China Environmental Technology and Bioenergy Holdings Limited is primarily engaged in the manufacturing and global distribution of a diverse range of wooden products, reaching markets across the People's Republic of China, North America, Europe, the broader Asia Pacific region, and Australasia. Its business activities are structured into three core divisions: the production and sale of wooden items, the retail of outdoor wooden merchandise, and the manufacturing and commercialization of renewable energy products. The company's extensive wooden product portfolio includes large-scale timber structures such as villas for leisure resorts, tourist attractions, and parks, alongside non-residential timber sheds like pavilions and gazebos designed for recreational or storage purposes. It also supplies raw timber logs and produces complete timber houses with their associated components. For recreational use, it offers items like play swings, sand tables, and outdoor rocking chairs for children, suitable for public parks and private gardens. Its furniture selection spans outdoor tables and chairs, as well as indoor items such as beds and cabinets. Furthermore, the company provides landscaping products including flower carts, railings, and litter bins for gardens and scenic spots, in addition to pet-home products like birdhouses, dog kennels, rabbit hutches, and hamster cages. Beyond manufacturing, the firm actively participates in timber trading and contributes to environmental efforts by recycling and producing biomass pellet fuels. It also maintains a direct retail channel for its outdoor wooden products through company-operated stores. Established in 1995, the company is headquartered in Zhangping, China. It adopted its current name, China Environmental Technology and Bioenergy Holdings Limited, in June 2016, having previously operated as Merry Garden Holdings Limited.

Industry
Furnishings, Fixtures & Appliances
Sector
Consumer Cyclical
Headquarters
CN
CEO
Zheyan Wu
Listed since
Jul 6, 2012
Employees
378

Market position

Volume
10K
0.18× average
Average volume
56.6K
Average daily volume
Market cap
77.31M HKD
Beta
0.66
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
33.69M CNY
P/E (TTM)
1.45×
P/B (TTM)
0.07×
P/S (TTM)
0.14×
EV / EBITDA
1.4×
Earnings yield
53.07%
Free cash flow yield
34.68%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
7.30%
Operating margin
0.00%
Net margin
9.32%
Return on equity
4.87%
Return on assets
3.28%
Return on invested capital
-0.84%

Financial health

Debt / equity
0.3×
Current ratio
2.88×
Altman Z-score
1.3
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 trends23%12%0%-11%Gross margin, FY2021: 20.01%Gross margin, FY2022: 11.58%Gross margin, FY2023: 6.78%Gross margin, FY2024: 12.14%Gross margin, FY2025: 7.30%Operating margin, FY2021: -0.71%Operating margin, FY2022: -8.30%Operating margin, FY2023: -7.90%Operating margin, FY2024: -4.46%Operating margin, FY2025: -2.42%Net margin, FY2021: 7.85%Net margin, FY2022: -1.41%Net margin, FY2023: -0.79%Net margin, FY2024: 0.73%Net margin, FY2025: 9.32%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 20.01%. Gross margin FY2022 11.58%. Gross margin FY2023 6.78%. Gross margin FY2024 12.14%. Gross margin FY2025 7.30%. Operating margin FY2021 -0.71%. Operating margin FY2022 -8.30%. Operating margin FY2023 -7.90%. Operating margin FY2024 -4.46%. Operating margin FY2025 -2.42%. Net margin FY2021 7.85%. Net margin FY2022 -1.41%. Net margin FY2023 -0.79%. Net margin FY2024 0.73%. Net margin FY2025 9.32%.

Income trends

Revenue

479.55M CNY+17.07%

Operating income

−11.59M CNY+36.58%

Net income

44.7M CNY+1398.52%
Income trends across reported periods672.74M CNY414.07M CNY155.4M CNY−103.28M CNYRevenue, FY2021: 608.07M CNYRevenue, FY2022: 465.04M CNYRevenue, FY2023: 297.53M CNYRevenue, FY2024: 409.62M CNYRevenue, FY2025: 479.55M CNYOperating income, FY2021: −4.32M CNYOperating income, FY2022: −38.61M CNYOperating income, FY2023: −23.52M CNYOperating income, FY2024: −18.28M CNYOperating income, FY2025: −11.59M CNYNet income, FY2021: 47.71M CNYNet income, FY2022: −6.56M CNYNet income, FY2023: −2.36M CNYNet income, FY2024: 2.98M CNYNet income, FY2025: 44.7M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 608.07M CNY. Revenue FY2022 465.04M CNY. Revenue FY2023 297.53M CNY. Revenue FY2024 409.62M CNY. Revenue FY2025 479.55M CNY. Operating income FY2021 −4.32M CNY. Operating income FY2022 −38.61M CNY. Operating income FY2023 −23.52M CNY. Operating income FY2024 −18.28M CNY. Operating income FY2025 −11.59M CNY. Net income FY2021 47.71M CNY. Net income FY2022 −6.56M CNY. Net income FY2023 −2.36M CNY. Net income FY2024 2.98M CNY. Net income FY2025 44.7M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue479.55M CNY409.62M CNY297.53M CNY465.04M CNY608.07M CNY
Cost of goods sold444.54M CNY359.9M CNY277.35M CNY411.16M CNY486.39M CNY
Gross profit35.01M CNY49.72M CNY20.18M CNY53.87M CNY121.68M CNY
Research and development10.75M CNY10.64M CNY8.94M CNY14.67M CNY19.52M CNY
Selling, general, and administrative58.91M CNY52.82M CNY46.49M CNY83.56M CNY109.02M CNY
Operating expenses46.6M CNY68M CNY43.69M CNY72.7M CNY100.27M CNY
Interest income50.27M CNY22.52M CNY16.19M CNY7.82M CNY3.6M CNY
Interest expense6.67M CNY3.86M CNY1.36M CNY1.01M CNY1.25M CNY
Depreciation and amortization29M CNY31.47M CNY33.03M CNY35.38M CNY37.88M CNY
Operating income−11.59M CNY−18.28M CNY−23.52M CNY−38.61M CNY−4.32M CNY
Net income44.7M CNY2.98M CNY−2.36M CNY−6.56M CNY47.71M CNY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
0.06

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.10.02-0.07-0.15Q2 '21Q4 '21Q3 '22Q2 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual 0.064, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual 0.065, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 31, 2022: actual 0.029, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Apr 1, 2023: actual -0.11, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 31, 2023: actual 0.027, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 28, 2024: actual -0.056, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 31, 2024: actual -0.02, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 31, 2025: actual 0.055, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates460.24M343.86M227.49M111.12MQ2 '21Q4 '21Q3 '22Q2 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual 302.69M HKD, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual 435.83M HKD, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 31, 2022: actual 352.21M HKD, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Apr 1, 2023: actual 186.98M HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 31, 2023: actual 194.03M HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 28, 2024: actual 130.73M HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 31, 2024: actual 200.27M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 31, 2025: actual 237.36M HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

HK$0.2273

2015 complete year-61.5% since 2013

Corporate action history

Dividend

Ex-dividend May 14, 2015

HK$0.0001

Annual

Record May 15, 2015 · Payment Jul 17, 2015

Dividend

Ex-dividend May 19, 2014

HK$0.0003

Annual

Record May 20, 2014 · Payment Jul 18, 2014

Dividend

Ex-dividend May 14, 2013

HK$0.0003

Annual

Record May 15, 2013 · Payment Jul 18, 2013

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