BEIJING GEOENVIRON ENGINEERING & TECHNOLOGY, INC.

Financials Beijing GeoEnviron Engineering & Technology, Inc.

Equities

603588

CNE100001V11

Environmental Services & Equipment

End-of-day quote Shanghai S.E. Other stock markets 03:30:00 08/05/2024 am IST			5-day change	1st Jan Change
7 ^CNY	-0.71%		+6.38%	+7.03%

25/04	Beijing GeoEnviron Engineering & Technology, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
25/04	Beijing GeoEnviron Engineering & Technology, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Valuation

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	6,403	11,308	18,664	15,011	10,054	10,759	-	-
Enterprise Value (EV) ¹	6,403	11,308	18,664	15,011	10,054	10,759	10,759	10,759
P/E ratio	16.1 x	18.7 x	25.5 x	19.3 x	19.7 x	12 x	8.7 x	8.05 x
Yield	0.74%	0.5%	0.4%	0.51%	1.53%	2.43%	3.14%	3.57%
Capitalization / Revenue	1.26 x	1.66 x	2.38 x	1.71 x	0.95 x	0.8 x	0.69 x	0.64 x
EV / Revenue	1.26 x	1.66 x	2.38 x	1.71 x	0.95 x	0.8 x	0.69 x	0.64 x
EV / EBITDA	9.44 x	12 x	14.8 x	11.5 x	9.01 x	5.83 x	4.62 x	4.29 x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Price to Book	2.05 x	2.4 x	3.4 x	1.69 x	1.08 x	1.07 x	0.95 x	0.91 x
Nbr of stocks (in thousands)	10,51,468	12,58,213	12,74,718	15,25,519	15,37,359	15,37,051	-	-
Reference price ²	6.090	8.987	14.64	9.840	6.540	7.000	7.000	7.000
Announcement Date	28/04/20	12/03/21	27/04/22	24/04/23	25/04/24	-	-	-

¹CNY in Million²CNY

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	5,075	6,827	7,827	8,774	10,580	13,425	15,640	16,794
EBITDA ¹	678.5	941.9	1,261	1,306	1,116	1,845	2,328	2,507
EBIT ¹	566	725	908.6	835.4	564.8	1,009	1,416	1,498
Operating Margin	11.15%	10.62%	11.61%	9.52%	5.34%	7.52%	9.06%	8.92%
Earnings before Tax (EBT) ¹	562.2	718.8	884.6	828.9	559.6	1,002	1,412	1,492
Net income ¹	412	550.1	726.3	692.5	504.6	896.8	1,238	1,336
Net margin	8.12%	8.06%	9.28%	7.89%	4.77%	6.68%	7.92%	7.95%
EPS ²	0.3782	0.4808	0.5742	0.5100	0.3313	0.5833	0.8050	0.8700
Free Cash Flow	-	-	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-	-
Dividend per Share ²	0.0449	0.0449	0.0583	0.0500	0.1000	0.1700	0.2200	0.2500
Announcement Date	28/04/20	12/03/21	27/04/22	24/04/23	25/04/24	-	-	-

¹CNY in Million²CNY

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2022 Q1
Net sales	-
EBITDA	-
EBIT	-
Operating Margin	-
Earnings before Tax (EBT)	-
Net income ¹	170.3
Net margin	-
EPS	-
Dividend per Share	-
Announcement Date	27/04/22

¹CNY in Million

Estimates

Balance Sheet Analysis

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-	-	-
ROE (net income / shareholders' equity)	14%	14.3%	14.2%	10.3%	5.56%	9.05%	11%	11.4%
ROA (Net income/ Total Assets)	4.13%	4.15%	4.43%	3.46%	-	3.02%	3.59%	3.85%
Assets ¹	9,971	13,266	16,382	19,997	-	29,695	34,536	34,738
Book Value Per Share ²	2.980	3.750	4.300	5.820	6.050	6.530	7.350	7.730
Cash Flow per Share ²	0.7500	0.8600	0.4800	-0.2900	-0.6200	1.420	1.190	1.360
Capex ¹	1,667	2,577	1,959	2,491	1,501	1,247	1,015	1,118
Capex / Sales	32.84%	37.76%	25.03%	28.39%	14.19%	9.29%	6.49%	6.66%
Announcement Date	28/04/20	12/03/21	27/04/22	24/04/23	25/04/24	-	-	-

¹CNY in Million²CNY

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Beijing GeoEnviron Engineering & Technology, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

7 CNY

Average target price

8.543 CNY

Spread / Average Target

+22.05%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

Sector Other Environmental Services & Equipment

	1st Jan change	Capi.
BEIJING GEOENVIRON ENGINEERING & TECHNOLOGY, INC.	+7.03%	1.5B
WASTE MANAGEMENT, INC.	+17.52%	84.43B
REPUBLIC SERVICES, INC.	+14.01%	59.38B
VERALTO CORPORATION	+17.61%	24.01B
TETRA TECH, INC.	+26.67%	11.39B
FOMENTO DE CONSTRUCCIONES Y CONTRATAS, S.A.	-8.38%	6.14B
GEM CO., LTD.	+24.36%	4.92B
KURITA WATER INDUSTRIES LTD.	+14.11%	4.56B
CECEP ENVIRONMENTAL PROTECTION CO., LTD.	-4.21%	3.07B
BEIJING ORIGINWATER TECHNOLOGY CO., LTD.	-2.40%	2.48B

Other Environmental Services & Equipment