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← CockpitCompetitor Analysis › 000544.SZ Zhongyuan Environmental Protection Co., Ltd. Class AOpen in the cockpit ↗

Zhongyuan Environmental Protection Co., Ltd. Class A000544.SZCompetitor analysis, valuation and peers

China · CNY·Industrials›Environmental Services

Henan state-owned water and wastewater treatment utility operating municipal treatment plants.

≈ A regional Chinese water utility like a smaller American Water WorksMomentum strong 67
Mkt cap
$1.05B
US dollars, full cap
Free float
95%
of shares outstanding
$/day
$3.04M
20-day average traded
Fwd P/E
5.1×
forward earnings
ROIC−WACC
-1.1 pp
WACC 5.0%
Hurdle
n/a
no reverse DCF
Next earnings
136 days
22 Mar 2027
Close · CNYCN¥7.15
1D-0.3%
1W+2.0%
1M-1.4%
3M-4.8%
6M-15.4%
YTD-14.1%
1Y-20.6%
ATR %1.5%
52w lowhigh25.2% off high

What Zhongyuan Environmental Protection does

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.

Products and services

  • Wastewater treatment operation

Customers

  • Henan municipal governments

Where it sits in the supply chain

  • Environmental services
  • Water/wastewater treatment
  • Municipal utility operation

What could go right

  • Henan municipal water investment

What could go wrong

  • Government tariff/subsidy policy risk

Moat: narrow (regulatory licence, installed base). Regulated municipal water-treatment concessions provide utility-like, recurring revenue.

Headquarters: Zhengzhou, Henan, China · Employees: 2,390

Named competitors

Zhongyuan Environmental Protection at a glance

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).

Relative performance

9010011 May 202611 Aug 20266 Nov 2026Peer median 85000544.SZ 84
Six months, rebased to 100: Zhongyuan Environmental Protection against the median of its 20 peers (local-currency closes).

Zhongyuan Environmental Protection financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥5.25BCN¥5.54BCN¥5.44BCN¥7.76BCN¥7.80B
Revenue growth—+2%-30%0%—
Gross profitCN¥3.03BCN¥2.57BCN¥2.39BCN¥2.12BCN¥1.61B
EBITDAn/aCN¥2.39BCN¥2.35BCN¥2.13BCN¥1.70B
Net incomeCN¥946MCN¥1.08BCN¥999MCN¥860MCN¥714M
Free cash flow-CN¥2.20B-CN¥1.91B-CN¥1.48B-CN¥3.37B-CN¥3.43B
Capital expenditureCN¥2.67BCN¥2.48BCN¥872MCN¥1.34BCN¥1.01B
Total debtCN¥30.3BCN¥28.7BCN¥23.2BCN¥20.0BCN¥15.8B

Quarterly statements and history in the cockpit →

Zhongyuan Environmental Protection competitor charts

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.

Performance: 6-month against 1-month return

-20%-10%0%-10%0%+10%97933011753012650020343008158422301127601200ONT301305600217SCHP000035688057002973BFSA3011096005266803600168000544.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Zhongyuan Environmental Protection is the large dot.

Fundamentals: revenue growth against valuation

0%+20%+40%10×20×30×97933011750020343008158422301127601200301305SCHP000035002973BFSA000544.SZRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Zhongyuan Environmental Protection is the large dot.

Zhongyuan Environmental Protection competitors and peer comparison

Head to head with its named competitors (000544.SZ vs 600874.SS)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq 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%

How Zhongyuan Environmental Protection compares with its peers

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.

Zhongyuan Environmental Protection against its 20 peers (data as of 6 Nov 2026)
Measure000544.SZPeer medianRank 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 margin32.0%14.8%highest of 19
Forward P/E5.1×14.2×cheapest of 14
ROIC minus cost of capital-1.1 pp-0.6 pp9th lowest of 19

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Zhongyuan Environmental Protection 000544.SZChina$1.05B-15%0%32%5.1×n/an/a
Daiseki 9793.TJapan$1.02B-20%+4%21%14.0×-7.6%+6.9%
China Sciences Ecorizon Tech 301175.SZChina$1.01B-7%+42%25%18.1×n/an/a
Huaxin Resources Technology 301265.SZChina$1,000M-14%+13%7%n/an/an/a
Wangneng Environment 002034.SZChina$1.12B-15%0%30%9.6×-13.6%+14.1%
EIT Environmental Development 300815.SZChina$962M-25%+4%13%10.7×-7.0%+12.3%
Cleanaway 8422.TWTaiwan$937M-20%+5%30%21.0×n/an/a
Wuhan Tianyuan 301127.SZChina$1.31B-5%+5%17%31.1×n/an/a
Shanghai Environment 601200.SSChina$1.40B-16%-10%18%14.7×-2.6%+6.8%
Onterris ONTUnited States$770M-1%-1%1%n/a44.1%+20.4%
Shenzhen Lions King Hi-Tech 301305.SZChina$758M-22%+19%18%13.4×n/an/a
China Resources and Environment 600217.SSChina$719M-24%-19%-8%n/a-13.6%-2.2%
Seche Environnement SCHP.PAFrance$689M-7%+2%6%19.9×4.8%+13.3%
China Tianying 000035.SZChina$1.64B-30%-1%16%21.9×n/an/a
Jiangxi JDL Environmental Protection 688057.SSChina$662M+28%-22%-6%n/a-5.3%-19.8%
QiaoYin City Management 002973.SZChina$661M-14%-12%10%14.0×8.9%+4.9%
Befesa BFSA.DEGermany$1.67B+6%-2%n/a13.0×3.1%+14.4%
Hunan Junxin Environmental Protection 301109.SZChina$1.73B-9%+1%n/a14.2×n/an/a
Zhejiang Feida Environmental Science & Technology 600526.SSChina$596M-18%+3%7%n/a-5.3%+9.5%
ECOVE Environment 6803.TWOTaiwan$545M-12%+6%18%n/a-4.5%+11.4%
Wuhan Sanzhen Industry 600168.SSChina$539M-13%-3%8%n/an/an/a

Questions

Who are Zhongyuan Environmental Protection's main competitors?
Named competitors: Tianjin Capital Environmental Protection Group (600874.SS). The cockpit's measured peer set (industry) also includes Daiseki (9793.T), China Sciences Ecorizon Tech (301175.SZ), Huaxin Resources Technology (301265.SZ), Wangneng Environment (002034.SZ), EIT Environmental Development (300815.SZ), Cleanaway (8422.TW).
Is Zhongyuan Environmental Protection expensive compared with its peers?
On forward p/e it trades at 5.1× against a peer median of 14.2×, cheapest of 14 in its peer set.
How has Zhongyuan Environmental Protection stock performed?
Over six months to 6 Nov 2026 the shares returned -15.4% against -14.4% for the median peer; over one year -20.6%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.