CECEP Guozhen Environmental Protection Technology Co Ltd

The company's capital structure is characterized by a debt-to-equity ratio of 2.01, indicating a significant reliance on debt financing. Its liquidity position is assessed as medium, with a current ratio of 0.98, suggesting limited short-term liquidity cushion. The operating cash flow of 123,026,160 CNY supports ongoing operations, but the negative net cash position after subtracting total debt highlights potential liquidity constraints.

Profitability metrics show a return on equity of 2.73% and a return on assets of 0.73%, both below the industry median for environmental services and equipment firms. The net income of 117,557,040 CNY is supported by a gross profit of 329,087,040 CNY, but the operating margin of 13.68% (152,964,190 CNY / 1,118,037,870 CNY) suggests moderate efficiency in converting revenue to operating profit.

The company's revenue is concentrated in a single disclosed segment, with no geographic breakdown provided in the available data. This lack of diversification may expose the company to regional or sector-specific risks.

The company's growth trajectory is uncertain, with no specific revenue growth projections provided in the available data. The capital expenditure of -462,188,100 CNY indicates a net outflow for investments, which may support future growth but could also strain liquidity in the short term.

Risk factors include a medium liquidity risk due to the current ratio of 0.98 and a negative net cash position after subtracting total debt. The dilution risk is assessed as low, with no near-term pressure expected based on the current share structure.

Recent events include analyst estimates with a mean price target of 9.67 CNY and a mean recommendation of 2.00, indicating a neutral outlook. No recent filings or transcripts are available to provide additional context on strategic or operational developments.

Net margin of 10.5% ranks above the 75th percentile of peers, demonstrating strong bottom-line efficiency relative to the industry.

Analyst consensus suggests 15.9% upside potential, with a mean price target of 9.67 CNY versus the current 8.34 CNY price.

Cash conversion ratio of 1.05 exceeds the 0.95 cohort median, suggesting relatively efficient translation of earnings into cash flow.

Debt-to-equity ratio of 2.01 places the company in the bottom quartile, signaling significantly higher leverage risk than peers.

Revenue declined at a 4.8% CAGR over four years, indicating a persistent contraction in top-line growth momentum.

The company carries a high credit risk flag, suggesting potential difficulties in meeting financial obligations or securing favorable financing.

Long-term debt increased to 9.1 billion CNY in FY2026, rising steadily from 8.0 billion CNY in FY2023 despite falling revenues.

Revenue ¥3.67B, −4,3% YoY; Operating income +1,1% YoY.

• ▍Revenue ¥3.67B, −4,3% YoY
• ▍Operating income +1,1% YoY
• ▍Net income −2,9% YoY
• ▍Free cash flow −147,7% YoY
• ▍Net margin 9.7%

Revenue ¥3.84B, −7,0% YoY; Operating income −8,6% YoY.

• ▍Revenue ¥3.84B, −7,0% YoY
• ▍Operating income −8,6% YoY
• ▍Net income −6,5% YoY
• ▍Free cash flow +37,7% YoY
• ▍Net margin 9.6%

Revenue ¥4.13B, +0,7% YoY; Operating income −11,2% YoY.

• ▍Revenue ¥4.13B, +0,7% YoY
• ▍Operating income −11,2% YoY
• ▍Net income −3,1% YoY
• ▍Free cash flow −71,4% YoY
• ▍Net margin 9.5%

Revenue ¥4.10B, −8,4% YoY; Operating income +14,6% YoY.

• ▍Revenue ¥4.10B, −8,4% YoY
• ▍Operating income +14,6% YoY
• ▍Net income +10,4% YoY
• ▍Free cash flow −34,1% YoY
• ▍Net margin 9.9%

Revenue ¥4.48B; Operating income ¥496.7M.

• ▍Revenue ¥4.48B
• ▍Operating income ¥496.7M
• ▍Net margin 8.2%