Shengyuan Environmental Protection

300867 · SHE · Industrials / Waste Management

15.15CNY-0.35 (-2.26%)

Price History

Full chart

Market Stats

Previous Close15.50

Open15.48

Day Range15.12 – 15.60

52-Week Range14.79 – 25.36

Volume2.56M

Market Cap4.54B

P/E (TTM)13.81

Forward P/E0.00

EPS1.21

Dividend Yield0.55%

Beta0.53

50-Day Avg16.99

200-Day Avg19.15

About

Shengyuan Environmental Protection Co.,Ltd. engages in the domestic waste incineration power generation and municipal sewage treatment in China. The company is involved in the collection and transportation of garbage. It operates 13 waste incineration power plants, 5 municipal wastewater treatment projects, and 1 municipal solid waste leachate treatment project. The company was founded in 1997 and is based in Quanzhou, China.

Company Details

SectorIndustrials
IndustryWaste Management
CEOMr. Hengbing Zhu
Employees1.62K
HeadquartersBaozhou Sewage Treatment Plant, Quanzhou, China, 362000, China
Websitehttps://www.chinasyep.com

Leadership

Mr. Hengbing ZhuMD, GM & Director · b. 1987
Mr. Yu HuangFinancial Director & CFO · b. 1976
Mr. Wenfeng LinDeputy GM & Director · b. 1981
Mr. Wenyu ChenBoard Secretary, Deputy GM & Director · b. 1976
Mr. Yun Bao WangDeputy General Manager · b. 1972

Financials

Income Statement

Currency: CNY	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	285.79M	426.72M	727.11M	888.34M	1.03B	2.30B	1.75B	1.75B	1.58B	1.56B
Growth (%)	-	+49.31%	+70.39%	+22.17%	+16.37%	+122.08%	-23.70%	-0.23%	-9.49%	-1.66%
Cost of Revenue	130.50M	217.01M	349.32M	478.56M	500.60M	1.58B	1.23B	1.20B	945.12M	881.71M
Gross Profit	155.30M	209.71M	377.78M	409.78M	533.13M	715.85M	523.07M	548.09M	636.66M	673.78M
Gross Margin	54.34%	49.14%	51.96%	46.13%	51.57%	31.18%	29.86%	31.36%	40.25%	43.32%
Operating Expense	41.24M	39.68M	29.52M	35.16M	42.84M	49.36M	90.99M	118.50M	112.18M	99.26M
Operating Income	114.05M	170.03M	348.26M	374.62M	490.28M	666.49M	432.08M	429.59M	524.49M	574.52M
Operating Margin	39.91%	39.85%	47.90%	42.17%	47.43%	29.03%	24.67%	24.58%	33.16%	36.93%
EBITDA	-	346.20M	569.36M	644.91M	630.16M	905.49M	676.91M	665.67M	710.85M	811.31M
EBITDA Margin	-	81.13%	78.30%	72.60%	60.96%	39.44%	38.65%	38.09%	44.94%	52.16%
Net Income	58.80M	63.79M	210.07M	217.40M	303.70M	471.54M	180.19M	146.52M	182.11M	248.23M
Net Income Margin	20.58%	14.95%	28.89%	24.47%	29.38%	20.54%	10.29%	8.38%	11.51%	15.96%
R&D	7.89M	7.95M	9.67M	10.77M	14.02M	14.10M	14.74M	22.30M	5.98M	5.45M
R&D as % of Total Revenue	2.76%	1.86%	1.33%	1.21%	1.36%	0.61%	0.84%	1.28%	0.38%	0.35%
Interest Expense	0	0	234.27M	271.49M	141.97M	159.47M	203.98M	195.08M	188.27M	157.44M
Interest Expense % of Total Revenue	0.00%	0.00%	32.22%	30.56%	13.73%	6.95%	11.65%	11.16%	11.90%	10.12%

Balance Sheet

Currency: CNY	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	2.44B	3.12B	3.77B	4.21B	6.93B	7.81B	8.41B	8.50B	8.70B	8.81B
Total Liabilities	1.87B	2.29B	2.70B	3.00B	4.21B	4.59B	5.04B	5.01B	5.03B	4.89B
Total Equity	574.06M	830.70M	1.07B	1.20B	2.73B	3.22B	3.36B	3.50B	3.67B	3.91B
Cash	61.77M	145.10M	145.30M	50.11M	256.93M	99.58M	363.32M	87.01M	159.39M	200.40M
Net Debt	-	1.21B	1.60B	1.81B	2.43B	3.06B	2.95B	3.08B	2.92B	2.83B

Cash Flow

Currency: CNY	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	179.26M	263.30M	457.75M	443.80M	483.24M	385.62M	767.57M	386.28M	505.63M	828.30M
Investing Cash Flow	-606.18M	-582.29M	-692.60M	-593.82M	-2.13B	-875.48M	-673.98M	-	-	-
Financing Cash Flow	438.69M	421.56M	238.25M	54.98M	1.86B	328.23M	178.91M	-	-	-
Capital Expenditure	604.95M	576.09M	688.86M	594.62M	1.43B	1.11B	840.44M	345.93M	427.65M	449.28M
Free Cash Flow	-	-312.79M	-231.11M	-150.82M	-950.90M	-722.99M	-72.87M	40.34M	77.98M	379.03M
Dividends Paid	38.86M	87.04M	120.05M	119.52M	146.81M	228.67M	267.25M	215.92M	194.75M	178.32M
FCF to OCF	-	-118.79%	-50.49%	-33.98%	-196.77%	-187.49%	-9.49%	10.44%	15.42%	45.76%
Dividend Paid to FCF	-	-27.83%	-51.94%	-79.25%	-15.44%	-31.63%	-366.74%	535.24%	249.74%	47.05%

Earnings

Report Date	Sep 30, 2020	Dec 31, 2020	Apr 26, 2021	Aug 19, 2021	Oct 27, 2021	Dec 31, 2021	Apr 27, 2022	Aug 24, 2022	Oct 25, 2022	Dec 31, 2022	Apr 19, 2023	Aug 24, 2023	Oct 22, 2023	Dec 31, 2023	Apr 23, 2024	Jun 30, 2024	Oct 27, 2024	Dec 31, 2024	Apr 28, 2025	Jun 30, 2025	Sep 30, 2025	Dec 31, 2025	Mar 31, 2026	Jun 30, 2026
EPS Estimate	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EPS Actual	0.45	0.23	0.45	0.88	0.26	0.14	0.27	0.18	0.14	0.08	0.08	0.19	0.14	0.05	0.16	0.21	0.17	0.13	0.23	0.19	0.36	0.14	0.41	0.31
Surprise	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Timing	-	-	Pre-market	After-hours	Pre-market	-	Pre-market	After-hours	Pre-market	-	Pre-market	Pre-market	After-hours	-	Pre-market	-	Pre-market	-	Pre-market	-	-	-	-	-

Key Statistics & Ratios

Market Cap4.54B

Enterprise Value8.28B

Trailing P/E13.81

Forward P/E0.00

Price / Sales2.84

Price / Book1.16

EPS1.21

Book Value15.04

Revenue (TTM)1.60B

Gross Profit (TTM)735.45M

EBITDA825.03M

Profit Margin20.60%

Operating Margin29.09%

Return on Equity8.43%

Return on Assets3.72%

Shares Outstanding271.74M

Shares Float157.50M

Beta0.53

Dividend Yield0.55%

Dividend Rate0.09

Payout Ratio7.58%

Dividends

20261×

0.09May 26, 2026

20251×

0.07Jun 27, 2025

20241×

0.05Jun 28, 2024

20231×

0.07Jun 19, 2023

20221×

0.17Jul 1, 2022

20211×

0.12Jul 7, 2021