Henan state-owned water and wastewater treatment utility operating municipal treatment plants.
Henan state-owned water and wastewater treatment utility operating municipal treatment plants.
In one line: A regional Chinese water utility like a smaller American Water Works.
Moat: narrow (regulatory licence, installed base). Regulated municipal water-treatment concessions provide utility-like, recurring revenue.
Headquarters: Zhengzhou, Henan, China · Employees: 2,390
Size Zhongyuan Environmental Protection (000544.SZ) is a China Industrials company (Environmental Services) with a market value of $1.05B, the 2211th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥7.15 on 6 Nov 2026.
Performance Over six months the shares fell 15.4%, against -14.4% for the median peer and -16.4% for the China market (cap-weighted) — 10th lowest of 21 in its peer set.
Growth Revenue was unchanged over the last twelve months (peer median +1.7%); the operating margin is 32.0% (peer median 14.8%).
Valuation It trades at 5.1× forward earnings against a peer median of 14.2× (cheapest of 14).
Capital Return on invested capital runs 1.1 points below its cost of capital (5.0% WACC).
Next results Next results expected around 22 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥5.25B | CN¥5.54B | CN¥5.44B | CN¥7.76B | CN¥7.80B |
| Revenue growth | — | +2% | -30% | 0% | — |
| Gross profit | CN¥3.03B | CN¥2.57B | CN¥2.39B | CN¥2.12B | CN¥1.61B |
| EBITDA | n/a | CN¥2.39B | CN¥2.35B | CN¥2.13B | CN¥1.70B |
| Net income | CN¥946M | CN¥1.08B | CN¥999M | CN¥860M | CN¥714M |
| Free cash flow | -CN¥2.20B | -CN¥1.91B | -CN¥1.48B | -CN¥3.37B | -CN¥3.43B |
| Capital expenditure | CN¥2.67B | CN¥2.48B | CN¥872M | CN¥1.34B | CN¥1.01B |
| Total debt | CN¥30.3B | CN¥28.7B | CN¥23.2B | CN¥20.0B | CN¥15.8B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Zhongyuan Environmental Protection 000544.SZ | $1.05B | -15% | 0% | 32% | 5.1× | n/a |
| Tianjin Capital Environmental Protection 600874.SS | $1.21B | -9% | -3% | 29% | 9.6× | -15.4% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 000544.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -1.4% | -2.5% | 11th highest of 21 |
| 6-month return | -15.4% | -14.4% | 10th lowest of 21 |
| Distance from 52-week high | -25.2% | -28.2% | 8th highest of 21 |
| Revenue growth (TTM) | 0.0% | +1.7% | 9th lowest of 21 |
| Operating margin | 32.0% | 14.8% | highest of 19 |
| Forward P/E | 5.1× | 14.2× | cheapest of 14 |
| ROIC minus cost of capital | -1.1 pp | -0.6 pp | 9th lowest of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Zhongyuan Environmental Protection 000544.SZ | China | $1.05B | -15% | 0% | 32% | 5.1× | n/a | n/a |
| Daiseki 9793.T | Japan | $1.02B | -20% | +4% | 21% | 14.0× | -7.6% | +6.9% |
| China Sciences Ecorizon Tech 301175.SZ | China | $1.01B | -7% | +42% | 25% | 18.1× | n/a | n/a |
| Huaxin Resources Technology 301265.SZ | China | $1,000M | -14% | +13% | 7% | n/a | n/a | n/a |
| Wangneng Environment 002034.SZ | China | $1.12B | -15% | 0% | 30% | 9.6× | -13.6% | +14.1% |
| EIT Environmental Development 300815.SZ | China | $962M | -25% | +4% | 13% | 10.7× | -7.0% | +12.3% |
| Cleanaway 8422.TW | Taiwan | $937M | -20% | +5% | 30% | 21.0× | n/a | n/a |
| Wuhan Tianyuan 301127.SZ | China | $1.31B | -5% | +5% | 17% | 31.1× | n/a | n/a |
| Shanghai Environment 601200.SS | China | $1.40B | -16% | -10% | 18% | 14.7× | -2.6% | +6.8% |
| Onterris ONT | United States | $770M | -1% | -1% | 1% | n/a | 44.1% | +20.4% |
| Shenzhen Lions King Hi-Tech 301305.SZ | China | $758M | -22% | +19% | 18% | 13.4× | n/a | n/a |
| China Resources and Environment 600217.SS | China | $719M | -24% | -19% | -8% | n/a | -13.6% | -2.2% |
| Seche Environnement SCHP.PA | France | $689M | -7% | +2% | 6% | 19.9× | 4.8% | +13.3% |
| China Tianying 000035.SZ | China | $1.64B | -30% | -1% | 16% | 21.9× | n/a | n/a |
| Jiangxi JDL Environmental Protection 688057.SS | China | $662M | +28% | -22% | -6% | n/a | -5.3% | -19.8% |
| QiaoYin City Management 002973.SZ | China | $661M | -14% | -12% | 10% | 14.0× | 8.9% | +4.9% |
| Befesa BFSA.DE | Germany | $1.67B | +6% | -2% | n/a | 13.0× | 3.1% | +14.4% |
| Hunan Junxin Environmental Protection 301109.SZ | China | $1.73B | -9% | +1% | n/a | 14.2× | n/a | n/a |
| Zhejiang Feida Environmental Science & Technology 600526.SS | China | $596M | -18% | +3% | 7% | n/a | -5.3% | +9.5% |
| ECOVE Environment 6803.TWO | Taiwan | $545M | -12% | +6% | 18% | n/a | -4.5% | +11.4% |
| Wuhan Sanzhen Industry 600168.SS | China | $539M | -13% | -3% | 8% | n/a | n/a | n/a |