Capital Environment Holdings Limited logo

Capital Environment Holdings Limited

3989.HK

HKSEIndustrialsWaste Management

Latest quote

HK$0.082

+HK$0.002 · +2.50%

Aug 24, 11:48 AM HKT

3989.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Capital Environment Holdings, an investment vehicle, primarily delivers environmental services, focusing on comprehensive waste management and transforming refuse into energy across mainland China and New Zealand. Their involvement in waste-to-energy initiatives spans the entire lifecycle, encompassing technological innovation, engineering, system integration, financial backing, advisory services, as well as the ongoing operation and upkeep of these facilities. Beyond this, the firm provides solutions for handling kitchen and hazardous waste, manages refuse collection and transport, offers sweeping and general waste management, and delivers technical support. Additionally, they undertake the recycling and dismantling of electronic waste. The company further engages in rehabilitating and operating landfill sites, alongside generating electricity through biomass incineration. Its active and pilot project portfolio includes 26 waste-to-energy plants, 7 landfill sites, 6 anaerobic digestion facilities, 17 waste logistics and transport ventures, 9 hazardous material processing units, 2 electronic appliance dismantling centers, and 2 biomass power plants. Established in 2004, the company was initially named New Environmental Energy Holdings Limited before adopting its current moniker, Capital Environment Holdings Limited, in May 2014. Its main office is situated in Central, Hong Kong.

Industry
Waste Management
Sector
Industrials
Headquarters
CN
CEO
Chaoyang Guo
Listed since
Jul 13, 2006
Employees
3,330

Market position

Day range

Current HK$0.082

52-week range

Current HK$0.082

Open
HK$0.077
Previous close
HK$0.08
Volume
10.71M
3.31× average
Average volume
3.24M
Average daily volume
Market cap
1.17B HKD
Beta
0.41
Market reference 1
50-day average
HK$0.0857
-4.34% below average
200-day average
HK$0.0902
-9.08% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
3.68×
P/B (TTM)
0.14×
P/S (TTM)
0.27×
Dividend yield
0.00%

Profitability & efficiency

Gross margin
36.64%
Operating margin
24.52%
Net margin
7.43%

Financial health

Debt / equity
1.58×
Altman Z-score
1.2
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 trends40%28%16%3%Gross margin, FY2021: 30.31%Gross margin, FY2022: 30.24%Gross margin, FY2023: 34.02%Gross margin, FY2024: 35.70%Gross margin, FY2025: 36.63%Operating margin, FY2021: 22.46%Operating margin, FY2022: 17.36%Operating margin, FY2023: 20.24%Operating margin, FY2024: 19.00%Operating margin, FY2025: 24.95%Net margin, FY2021: 9.47%Net margin, FY2022: 36.86%Net margin, FY2023: 7.00%Net margin, FY2024: 6.39%Net margin, FY2025: 7.41%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 30.31%. Gross margin FY2022 30.24%. Gross margin FY2023 34.02%. Gross margin FY2024 35.70%. Gross margin FY2025 36.63%. Operating margin FY2021 22.46%. Operating margin FY2022 17.36%. Operating margin FY2023 20.24%. Operating margin FY2024 19.00%. Operating margin FY2025 24.95%. Net margin FY2021 9.47%. Net margin FY2022 36.86%. Net margin FY2023 7.00%. Net margin FY2024 6.39%. Net margin FY2025 7.41%.

Income trends

Revenue

3.61B CNY-1.59%

Operating income

900.34M CNY+29.22%

Net income

267.4M CNY+14.21%
Income trends across reported periods5.91B CNY3.85B CNY1.78B CNY−282.06M CNYRevenue, FY2021: 5.4B CNYRevenue, FY2022: 4.59B CNYRevenue, FY2023: 4.08B CNYRevenue, FY2024: 3.67B CNYRevenue, FY2025: 3.61B CNYOperating income, FY2021: 1.21B CNYOperating income, FY2022: 796.58M CNYOperating income, FY2023: 825.29M CNYOperating income, FY2024: 696.73M CNYOperating income, FY2025: 900.34M CNYNet income, FY2021: 510.75M CNYNet income, FY2022: 1.69B CNYNet income, FY2023: 285.38M CNYNet income, FY2024: 234.12M CNYNet income, FY2025: 267.4M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 5.4B CNY. Revenue FY2022 4.59B CNY. Revenue FY2023 4.08B CNY. Revenue FY2024 3.67B CNY. Revenue FY2025 3.61B CNY. Operating income FY2021 1.21B CNY. Operating income FY2022 796.58M CNY. Operating income FY2023 825.29M CNY. Operating income FY2024 696.73M CNY. Operating income FY2025 900.34M CNY. Net income FY2021 510.75M CNY. Net income FY2022 1.69B CNY. Net income FY2023 285.38M CNY. Net income FY2024 234.12M CNY. Net income FY2025 267.4M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue3.61B CNY3.67B CNY4.08B CNY4.59B CNY5.4B CNY
Cost of goods sold2.29B CNY2.36B CNY2.69B CNY3.2B CNY3.76B CNY
Gross profit1.32B CNY1.31B CNY1.39B CNY1.39B CNY1.64B CNY
Research and development48.98M CNY53.22M CNY79.14M CNY29.34M CNY
Selling, general, and administrative372.27M CNY407.83M CNY408.68M CNY448.44M CNY394.05M CNY
Operating expenses421.25M CNY612.37M CNY561.48M CNY591.02M CNY423.39M CNY
Interest income5.51M CNY38.36M CNY11.17M CNY131.41M CNY333.38M CNY
Interest expense383.51M CNY423.91M CNY433.7M CNY532.71M CNY491.71M CNY
Depreciation and amortization275.81M CNY281.87M CNY294.52M CNY275.52M CNY430.28M CNY
Operating income900.34M CNY696.73M CNY825.29M CNY796.58M CNY1.21B CNY
Net income267.4M CNY234.12M CNY285.38M CNY1.69B CNY510.75M CNY

Company facts updated Aug 24, 2026.

Earnings

Latest fiscal-year EPS
0.019
FY2025 · +14.02% year over year
Latest fiscal-year revenue
3.61B CNY
FY2025 · -1.59% year over year

Annual EPS trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual EPS trend0.05-0-0.05-0.1FY21FY22FY23FY24FY25

Annual revenue trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual revenue trend5.57B4.86B4.14B3.43BFY21FY22FY23FY24FY25

Corporate actions

Annual dividends per share

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

HK$0.0645

2008 complete year0.0% since 2007

Corporate action history

Dividend

Ex-dividend Jul 7, 2023

HK$0.01

Special

Record Jul 10, 2023 · Payment Jul 28, 2023

Dividend

Ex-dividend Oct 20, 2008

HK$0.0194

Semi-Annual

Record Oct 21, 2008 · Payment Nov 6, 2008

Dividend

Ex-dividend May 20, 2008

HK$0.0452

Semi-Annual

Record May 21, 2008 · Payment Jun 23, 2008

Dividend

Ex-dividend Oct 12, 2007

HK$0.0194

Semi-Annual

Record Oct 15, 2007 · Payment Nov 1, 2007

Dividend

Ex-dividend May 2, 2007

HK$0.0452

Semi-Annual

Record May 3, 2007 · Payment May 21, 2007

Dividend

Ex-dividend Oct 16, 2006

HK$0.0194

Semi-Annual

Record Oct 17, 2006 · Payment Nov 2, 2006

3989.HK peers

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Funds reporting this stock among their holdings, ordered by reported position size.

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