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6839.HK HKEX Water & Related Utilities

6839.Hk

HK$0,11
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Mcap
P/E
EV / Rev
Div yield
Op margin
-40,3 %
ROE
-22,0 %
Net margin
-78,3 %
Debt / equity
2,55
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

The company operates in the water and related utilities sector, providing essential utility services to residential and commercial customers in China.

Business. The company operates in the water and related utilities sector, providing essential utility services to residential and commercial customers in China.

Classification92 %
SectorUtilities
IndustryWater & Related Utilities
ActivityUtilities
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
not yet wired
Profitability
-22,0 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 6839.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities · THIS SECTOR−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 6839.HK. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    The company operates in the water and related utilities sector, providing essential utility services to residential and commercial customers in China.

    Classification92 %
    SectorUtilities
    IndustryWater & Related Utilities
    ActivityUtilities
    AI synthesis
    GENERATED

    The company's capital structure is highly leveraged, with a debt-to-equity ratio of 2.55, indicating significant reliance on debt financing. Its liquidity position is weak, as evidenced by a current ratio of 0.69, and it holds only 806.76 million CNY in cash and equivalents, which is insufficient to cover its long-term debt of 21.45 billion CNY. The negative net cash position further exacerbates liquidity concerns.

    Profitability is severely underperforming, with a return on equity of -22.04% and a return on assets of -4.37%, both well below the typical performance metrics for the water utilities industry. The company reported a net loss of 1.86 billion CNY, and its operating income was negative at 955.78 million CNY, indicating operational inefficiencies and cost overruns.

    The company's revenue is concentrated in a single geographic market, with all disclosed revenue generated in China. There is no public breakdown of revenue by business segment, but the company's operations are likely centered on water supply and related utility services. This lack of diversification increases exposure to local economic and regulatory risks.

    The company's growth trajectory is negative, with a net loss in the most recent reporting period and no indication of improvement in the near term. Analyst estimates for revenue and earnings are based on historical performance and do not suggest a recovery in the current fiscal year. The company's financial performance is unlikely to meet industry benchmarks in the next fiscal year.

    The company faces significant financial risk due to its high debt load and negative operating performance. The risk assessment indicates a medium liquidity risk, with the company's cash reserves insufficient to cover its obligations. There is currently no indication of dilution pressure, but the company's financial position may necessitate equity issuance in the future.

    Recent financial filings show a continued decline in profitability, with a net loss of 1.86 billion CNY and a negative operating income of 955.78 million CNY. There are no recent earnings call transcripts or management commentary available to provide insight into the company's strategic response to its financial challenges.

    Key takeaways
    • The company is highly leveraged with a debt-to-equity ratio of 2.55, indicating significant financial risk.
    • It reported a net loss of 1.86 billion CNY and a negative operating income of 955.78 million CNY, reflecting poor operational performance.
    • The company's liquidity position is weak, with a current ratio of 0.69 and insufficient cash to cover long-term debt.
    • Revenue is entirely concentrated in China, increasing exposure to local economic and regulatory risks.
    • There is no indication of near-term improvement in profitability or liquidity based on recent financial results.

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    HK$0,11
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    HK$8.42B
    Net cash
    -HK$20.64B
    Current ratio
    0.7
    Debt / equity
    2.5
    ROA
    -4.4%
    ROE
    -22.0%
    Cash conversion
    CapEx / revenue
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin-40,3 %Bottom quartile
    Net Margin-78,3 %Bottom quartile
    ROE-22,0 %Bottom quartile
    D/E2,55Bottom quartile

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Return On Assets
      net_income / total_assets
    Source documents
    • 6839.HK Market data — financials · 2026-05-27
    • Yunnan Water Investment Co Ltd Market data — analyst estimates · 2026-05-27

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    6839.HKCanonical
    HKEX · HKD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage