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000598 CS​
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Chengdu Xingrong Environment Co., Ltd. Class A(000598 CS)

$7.17+0.101.41%(Market Open · 06:28:36 UTC · (15 min delay))
ProfileFinancialsChartingEmployees

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Financials & Metrics

FinancialsChartingEmployees
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Chengdu Xingrong Environment Co., Ltd. Class A — Company Profile

Chengdu Xingrong Environment Co., Ltd. is a key provider of water utility and environmental management services throughout China. The company's operations span the complete cycle of water services. It is responsible for the production, distribution, and retail of potable water, in addition to the comprehensive management and operation of wastewater treatment facilities for urban, rural, and industrial sources. Beyond these fundamental activities, Chengdu Xingrong Environment is deeply involved in all phases of reclaimed water projects. This includes capital investment, project design, construction, operational oversight, and ongoing maintenance and repair of the associated infrastructure. The company also offers technical development, consultation services, and the direct sale of treated reclaimed water. Furthermore, the company delivers specialized engineering and technical expertise. This encompasses the design, construction, and advisory services for water supply and drainage systems. Its advanced pipeline services cover crucial areas such as managing and controlling leaks in water supply networks, comprehensive inspection, cleaning, and restoration of drainage pipelines, precise localization of leaks in pressure pipelines, subterranean pipeline detection, engineering surveys, and detailed data analysis for pipe networks, among other related technical and consulting provisions. The company maintains a significant operational infrastructure, featuring eight water treatment plants, thirteen wastewater treatment plants, two facilities that convert waste to energy, two leachate processing plants, and a single plant dedicated to the treatment of sewage sludge. Established in Chengdu, China, in 1995, the company was previously known as Chengdu Xingrong Investment Co., Ltd. before officially rebranding to Chengdu Xingrong Environment Co., Ltd. in June 2015.

Sector
Utilities
Industry
Water Utilities
Exchange
CS
CEO
Yi Rao
Headquarters
Chengdu, SI, CN
IPO Date
May 29, 1996
Employees
5,338
Website
www.cdxrec.com

Key Metrics

Price
$7.06
Market Cap
$21.07B
Revenue (TTM)
$2.30B
Net Income (TTM)
$493.40M
EPS (TTM)
0.17
P/E (TTM)
10.27
P/B (TTM)
1.05
Dividend Yield
2.60%
ROE (TTM)
2.46%
ROA (TTM)
0.93%
Operating Margin
30.09%
Beta
-0.22

Dividends

Last Dividend
$0.19
Last Yield
0.03%

Summary

Chengdu Xingrong Environment Co., Ltd. is a key provider of water utility and environmental management services throughout China. The company's operations span the complete cycle of water services. It is responsible for the production, distribution, and retail of potable water, in addition to the comprehensive management and operation of wastewater treatment facilities for urban, rural, and industrial sources. Beyond these fundamental activities, Chengdu Xingrong Environment is deeply involved in all phases of reclaimed water projects. This includes capital investment, project design, construction, operational oversight, and ongoing maintenance and repair of the associated infrastructure. The company also offers technical development, consultation services, and the direct sale of treated reclaimed water. Furthermore, the company delivers specialized engineering and technical expertise. This encompasses the design, construction, and advisory services for water supply and drainage systems. Its advanced pipeline services cover crucial areas such as managing and controlling leaks in water supply networks, comprehensive inspection, cleaning, and restoration of drainage pipelines, precise localization of leaks in pressure pipelines, subterranean pipeline detection, engineering surveys, and detailed data analysis for pipe networks, among other related technical and consulting provisions. The company maintains a significant operational infrastructure, featuring eight water treatment plants, thirteen wastewater treatment plants, two facilities that convert waste to energy, two leachate processing plants, and a single plant dedicated to the treatment of sewage sludge. Established in Chengdu, China, in 1995, the company was previously known as Chengdu Xingrong Investment Co., Ltd. before officially rebranding to Chengdu Xingrong Environment Co., Ltd. in June 2015.

Website
www.cdxrec.com
Location
Chengdu, SI, CN
Phone86 28 8529 3300
Employees5,338
CEOYi Rao
Sector
Utilities
Industry
Water Utilities
IPO DateMay 29, 1996

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Key Stats

Trading

Px/Chg 1D$7.06 / +0.71%
Avg Volume26.02M
Beta-0.22
Mkt Cap21.07B
FD Mkt Cap21.34B

Float

Shrs Out/Float2.98B / 1.23B
Short Float0.00%
Days to Cover0.00
Stock Repurchased$0.00

Current Valuation

EV20.47B
EV/EBITDA6.55
EV/Sales2.21
P/B1.05
P/S2.27
FCF Yield0.38%
ROE2.46%
ROA0.93%
Current Ratio0.91

Dividend

Cash$0.19
Yield2.60%
Yield (TTM)2.60%

Estimates

P/E10.27
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgMar '23Mar '24Mar '25Mar '26Sep '26
PRICE-BASED RATIOS
Price / Earnings31.669.3910.4110.2085.6242.70
Price / Sales4.791.992.372.258.169.16
Price / Book Value1.071.031.151.120.981.05
Price / Free Cash Flow113.92313.24-18.16-22.2734.60262.21
ENTERPRISE VALUE METRICS
Enterprise Value26,530.722,117.027,189.629,682.233,196.620,468.3
Enterprise Value / Sales6.322.903.363.2813.178.90
Enterprise Value / EBITDA38.806.216.976.67144.6029.56
Enterprise Value / EBIT-49.569.3910.4510.05-307.2529.56

Financials

Full Financials
Millions CNY5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue7.7%6,751.07,629.78,086.59,048.79,067.6
Gross Income-2.2%2,674.52,919.93,251.03,730.52,443.0
EBITDA6%3,127.83,561.73,899.44,450.63,949.1
EBIT4%2,097.52,354.32,602.82,954.52,453.0
Net Income7.6%1,493.71,617.51,843.41,996.12,004.2
EPS (Diluted)7.6%0.500.540.620.670.67
BALANCE SHEET
Cash & ST Inv9.9%3,207.83,743.73,907.84,300.34,675.2
Total Assets10.3%34,511.338,385.343,555.048,448.551,036.4
Total Liabilities6.6%20,167.822,650.025,762.528,895.626,063.4
Total Shareholder Equity10%13,457.714,777.616,643.618,160.019,723.0
CASH FLOW
Net Operating Cash Flow7.9%2,727.33,315.13,388.93,680.83,700.7
Cap Ex-2.9%-3,783.5-4,196.7-4,446.0-4,594.7-3,366.5
Free Cash Flow—-1,056.2-881.6-1,057.1-913.9334.2

Enterprise Value Bridge

Millions CNY26 Oct '26
Price (As of 26 Oct '26)7.02
Basic Shares2,984.01
Market Cap20,947.7
Diluted Shares2,984.85
Fully Diluted Shares Outstanding2,984.85
Fully Diluted Market Cap20,953.6
+Consolidated Debt1,735.9
−In-the-Money Convertible Debt—
+Capital Leases10.8
+Operating Leases—
−Cash & Equivalents-4,034.5
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest1,699.7
+Pension Liabilities—
Enterprise Value20,348.9

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