00257 EB ENVIRONMENT
- 3.490
- +0.020+0.58%
EB ENVIRONMENT News
CINNO Research: In the first half of the year, China's new energy industry investment reached 2.1 trillion yuan, a 57% year-on-year decrease.
According to the statistics from CINNO Research, the total investment in China's (including Taiwan) new energy projects from January to June 2024 reached 2.1 trillion RMB, a decrease of 57.1% compared to the same period last year.
Minsheng Securities: The overall performance of the electric new sector is under pressure. Pay attention to investment opportunities from the dual perspective of supply and demand.
The photovoltaic sector achieved a total revenue of 551.355 billion yuan in 24H1, a year-on-year decrease of 18.30%; the net income attributable to the mother was 3.216 billion yuan, a year-on-year decrease of 95.49%, and the decrease in profit was mainly due to the fact that the main chain enterprises were basically in a loss state.
CHINA EVER INTL To Go Ex-Dividend On September 24th, 2024 With 0.17953 USD Dividend Per Share
[Brokerage Focus] Sealand maintains a 'shareholding' rating for EB Environment (00257), indicating significant improvement in its cash flow and better-than-expected government subsidy payments.
King Witness Financial News | Sealand Securities released a research report that in the first half of 2024, eb environment (00257) achieved revenue of 15.612 billion Hong Kong dollars, a 4% year-on-year decrease; achieved a net income attributable to the mother of 2.454 billion Hong Kong dollars, a 12% year-on-year decrease; the board of directors announced to distribute an interim dividend of 14 Hong Kong cents per share for the six months ending on June 30, 2024, which is the same as the same period last year; the dividend payout ratio is 35%, a 4 percentage point increase year-on-year. The bank pointed out that in the first half of 2024, the company's household waste treatment volume reached 28 million tons, a 9% year-on-year increase; the agricultural and forestry waste treatment volume was about 3.9 million tons, a 4% year-on-year growth.
[Brokerage Focus] Soochow Securities maintains a "buy" rating on EB Environment (00257), citing its optimization of profit structure and the potential for valuation recovery.
Jingu Financial News | Soochow Securities issued a research report, stating that in H1 2024, EB Environment (00257) achieved a total revenue of 15.612 billion HKD, a year-on-year decrease of 4%, and a net income of 2.454 billion HKD attributable to the parent company, a year-on-year decrease of 12%. In H1 2024, with the decrease in the scale of construction in the solid waste sector, the company's construction revenue was 3.58 billion HKD (-13%, same below), accounting for 23% of the main revenue (-2pct), operating revenue of 9.46 billion HKD (-0.3%), accounting for 61% of the main revenue (+3pct), and financial revenue of 2.57 billion HKD (-4%), accounting for 16% of the main revenue (-1%
Citigroup: Reiterates a 'buy' rating on eb environment (00257), with a target price lowered to 4.4 Hong Kong dollars.
Citigroup has lowered its net profit forecast for EB Environment (00257) from the current year to 2026 by 9% to 11%.
Guosheng Securities: Domestic photovoltaic demand hits bottom and rebounds, targeting high premium markets in the Middle East and overseas
Growth remains an important support factor in this round of the photovoltaic downturn cycle.
EB Environment released its interim performance results, with shareholders' attributable net profit of HKD 2.454 billion, a year-on-year decrease of 12%.
EB Environment (00257) released its interim performance for the six months ended June 30, 2024. The Group's revenue was HKD 15.612 billion, a decrease of 4% compared to the previous year. Shareholders' attributable profit was HKD 2.454 billion, a decrease of 12% compared to the previous year. Earnings per share were 39.95 Hong Kong cents, with an interim dividend of 14.0 Hong Kong cents per share.
EB Environment (00257) releases interim performance, with a shareholders' share of 2.454 billion Hong Kong dollars, a year-on-year decrease of 12%, maintaining a solid leading position in the industry.
EB Environment (00257) announced its interim performance for the six months ended June 30, 2024, with a group income of 156...
Express News | China Everbright Environment - Hy Revenue Decreased by 4% to HK$15.61 Bln
Express News | China Everbright Environment - Hy Profit Attributable Decreased by 12% to HK$2.45 Bln
Express News | China Everbright Environment - Interim Dividend of HK14.0 Cents per Share
EB ENVIRONMENT: ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2024
Huaan securities: the extreme interpretation of the photovoltaic "cyclical property", or has entered the last stage of the downward cycle.
Currently, the photovoltaic sector is more focused on the stabilization and rebound of β. Production, demand, clearance, and price exploration for future market stimulation points. Subsequent positive factors will gradually accumulate in the sector.
Brokerage focuses on Sealand Securities' first 'shareholding' rating for EB Environment (00257), pointing out that the dividend yield far exceeds that of peers.
Jinwu Finance | Sealand Securities released research reports indicating that Eb Environment (00257) is a leading company in the eco-friendly industry with a wide range of business operations, and its waste incineration processing capacity reaches 0.1589 million tons per day. The company has gradually matured from the expansion period to the operation period, with steady growth in operating revenue and cash flow reaching the inflection point. In addition, the company's dividend payout ratio has been consistently high, and its dividend yield is far better than other companies in the same industry. The bank believes that the company's cash flow has significantly improved, the government subsidies received exceeded expectations, and the quality of financial statements is expected to improve significantly. With its high dividend payout ratio and dividend yield far exceeding other companies in the same industry, the company has a high investment value. It is expected that the company's 2024-20
CSC: Low-carbon transformation of coal-fired power plants increases demand for green hydrogen, focus on electrolyzer going offshore industry chain benefits symbol.
CSC released a research report stating that in July, a low-carbon action plan that includes adding ammonia to fuel was implemented, which will contribute to the demand for green hydrogen starting in 2025.
Thailand To Become Second In Southeast Asia To Tax Carbon Emissions
[Brokerage Focus] Huayuan Securities maintains a "buy" rating on EB Environment(00257), with expected positive free cash flow.
Jingu finance | Huayuan Securities issued a research report, stating that the recent fluctuation of share price of Eb environment (00257) is large. The bank believes that: 1) the number of projects under construction continues to decrease, and the garbage power generation industry has entered the stock operation period, with the company's operation service revenue accounting for over 50% in 2023. 2) Capital expenditures are decreasing, and the company's free cash flow is expected to turn positive. 3) The scale of national subsidy arrears is relatively large, and if they are recovered successively, the company's cash flow will further improve. 4) With the changes of macroeconomic environment at home and abroad, the bank analyzes that the re-pricing of risk by the market may be the core driving force for sector rotation in the future for a long period of time, and low covariance and long-term assets are expected to hold.
Hong Kong stock market dynamics | Water affairs related stocks rise again, with abundant industry operating cash flow. Rise in water prices is expected to increase corporate profits.
Water affairs related stocks rose again. As of press time, bj ent water rose 3.81% to HKD 2.45; china water rose 3.05% to HKD 5.07; eb environment rose 2.45% to HKD 3.76.
Hua Yuan Securities maintains a "buy" rating on EB Environment (00257) and focuses on solid waste investment opportunities under the diffusion of low covariance market.
Guangda Environment (00257) has maintained an average dividend yield of around 30%, with current dividend yields for 2024-2026 at 5.7%, 5.9%, and 6.2%. It is recommended to pay attention to the dividend value.
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