Want to see HK:1857 full AI Analyst Report?
Top Page
China Everbright Water
(1857)
Select Model
Select Model
Rating:67Neutral
Price Target:
HK$1.50
â–˛(13.64% Upside)
Action:Reiterated
Date:08/24/26
The score is driven primarily by solid profitability and improved TTM cash generation, plus very attractive valuation (low P/E and high dividend yield). These positives are moderated by ongoing revenue contraction, meaningful leverage with modest ROE, and limited cash-flow coverage relative to debt; technicals add only a modest tailwind.
Positive Factors
Resilient profitability
Strong gross and net margins indicate the business retains pricing, operating, or contract advantages despite weaker revenue. This profitability base can support ongoing investment and provide resilience across the 2–6 month outlook.
Negative Factors
Sustained revenue contraction
Persistent revenue contraction signals weaker project additions, commissioning, utilization, or tariffs. If the trend continues, it can reduce operating leverage, constrain reinvestment and make currently strong margins harder to sustain.
Read all positive and negative factors
Positive Factors
Negative Factors
Resilient profitability
Strong gross and net margins indicate the business retains pricing, operating, or contract advantages despite weaker revenue. This profitability base can support ongoing investment and provide resilience across the 2–6 month outlook.
Read all positive factors
China Everbright Water (1857) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$3.75B
Dividend Yield8.08%
Average Volume (3M)243.51K
Price to Earnings (P/E)4.6
Beta (1Y)0.31
Revenue Growth-34.10%
EPS Growth-20.55%
CountryHK
Employees1,926
SectorUtilities
Sector Strength65
IndustryRegulated Water
Share Statistics
EPS (TTM)0.28
Shares Outstanding2,860,876,700
10 Day Avg. Volume159,300
30 Day Avg. Volume243,510
Financial Highlights & Ratios
PEG Ratio-0.31
Price to Book (P/B)0.34
Price to Sales (P/S)0.82
P/FCF Ratio6.69
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
China Everbright Water Business Overview & Revenue Model
Company Description
China Everbright Water Limited is an investment holding company that specializes in providing comprehensive water environmental management services across Mainland China and Germany. Its extensive offerings include the treatment of wastewater for ...
How the Company Makes Money
The company primarily makes money by developing and operating water infrastructure projects under long-term project agreements and then earning contracted fees tied to the delivery of treatment capacity and/or treated-water volumes. Key revenue st...
China Everbright Water Financial Statement Overview
Summary
Income Statement
63
Positive
Balance Sheet
56
Neutral
Cash Flow
61
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.47B | 5.36B | 6.85B | 6.70B | 6.73B | 6.91B |
| Gross Profit | 2.22B | 2.36B | 2.62B | 2.82B | 2.56B | 2.80B |
| EBITDA | 1.90B | 1.92B | 2.20B | 2.47B | 2.22B | 2.25B |
| Net Income | 796.27M | 858.16M | 1.02B | 1.19B | 1.01B | 1.20B |
Balance Sheet | ||||||
| Total Assets | 40.10B | 38.20B | 35.89B | 34.22B | 33.45B | 32.97B |
| Cash, Cash Equivalents and Short-Term Investments | 1.85B | 2.31B | 1.86B | 1.98B | 3.07B | 2.50B |
| Total Debt | 18.03B | 18.08B | 16.39B | 15.41B | 15.27B | 14.45B |
| Total Liabilities | 23.83B | 23.93B | 21.90B | 20.77B | 20.45B | 19.81B |
| Stockholders Equity | 14.72B | 12.83B | 12.64B | 12.21B | 11.77B | 11.87B |
Cash Flow | ||||||
| Free Cash Flow | 1.02B | 654.26M | -439.48M | -584.50M | -1.01B | -1.18B |
| Operating Cash Flow | 1.04B | 686.73M | -57.94M | -528.78M | -639.63M | -669.14M |
| Investing Cash Flow | -111.94M | -286.30M | -296.43M | -16.64M | -353.94M | -1.14B |
| Financing Cash Flow | -1.12B | -37.41M | 358.23M | 163.41M | 1.79B | 2.32B |
China Everbright Water Technical Analysis
Negative
1.32
Price Trends
1.29
Negative
1.30
Negative
1.36
Negative
Market Momentum
<0.01
Positive
42.49
Neutral
47.78
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1857, the sentiment is Negative. The current price of 1.32 is above the 20-day moving average (MA) of 1.31, above the 50-day MA of 1.29, and below the 200-day MA of 1.36, indicating a bearish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 42.49 is Neutral, neither overbought nor oversold. The STOCH value of 47.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1857.
China Everbright Water Peers Comparison
UnderperformOutperform
Sector (66)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | HK$3.75B | 4.62 | 5.70% | 8.08% | -34.10% | -20.55% | |
66 Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% | |
65 Neutral | S$850.60M | 5.28 | 10.04% | 6.38% | 5.25% | 11.02% | |
63 Neutral | S$10.85B | 18.10 | 10.86% | 4.46% | 7.75% | -41.04% | |
62 Neutral | S$404.38M | 2.89 | 6.52% | 7.01% | ― | ― | |
42 Neutral | S$284.08M | -8.13 | -5.73% | ― | 17.62% | -326.67% | |
41 Neutral | S$11.46M | -1.30 | -181.99% | 1.82% | -54.24% | 41.22% |
* Utilities Sector Average
HK:1857
China Everbright Water
1.29
-0.09
-6.66%
SG:BHK
SIIC Environment Holdings
0.16
-0.01
-5.92%
SG:5IG
Gallant Venture
0.05
-0.03
-35.80%
SG:U96
Sembcorp Industries
6.00
0.13
2.30%
SG:BWM
Zheneng Jinjiang Environment Holding Co., Ltd.
0.58
0.15
36.15%
SG:TWL
Memiontec Holdings Ltd.
0.01
>-0.01
-28.57%
China Everbright Water Corporate Events
China Everbright Water Sets Interest Payment Date for RMB1 Billion 2023 MTNs
Aug 17, 2026
China Everbright Water Limited has confirmed the interest payment schedule for its 2023 third tranche medium term notes issued in the Chinese Mainland’s national inter-bank bond market. The RMB1 billion notes, placed with institutional inves...
China Everbright Water to Pay Interest on 2025 Medium-Term Notes After Interim Dividend
Aug 14, 2026
China Everbright Water has confirmed the upcoming interest payment on its 2025 third tranche medium-term notes, a RMB700 million issue placed with institutional investors in the Chinese Mainland inter-bank bond market in June 2025. The notes allow...
China Everbright Water Reports Resale Results for 2023 Medium Term Notes
Aug 11, 2026
China Everbright Water Limited has announced the results of the resale option exercise for its 2023 third tranche medium term notes, traded under code 23 MTN003. The notes, issued with a face value of RMB100, were made available for resale by note...
China Everbright Water Posts Lower Interim Earnings but Keeps Dividend Unchanged
Aug 11, 2026
China Everbright Water reported a sharp 27% year‑on‑year decline in revenue to HK$2.39 billion for the six months ended 30 June 2026, reflecting weaker activity across its water projects, though direct costs and operating expenses fell...
China Everbright Water Issues Cautious FY2026 Interim Results Presentation
Aug 11, 2026
China Everbright Water Limited has released an interim results presentation for FY2026, outlining background information intended to support oral discussion with investors and other stakeholders. The document emphasizes that its contents are infor...
China Everbright Water Declares Interim Dividend for First Half of 2026
Aug 11, 2026
China Everbright Water Limited has declared an interim ordinary cash dividend of HKD 0.0609 per share for the six months ended 30 June 2026, payable in Hong Kong dollars. The dividend will be distributed to shareholders on 14 September 2026, with ...
China Everbright Water Dissolves Strategy Committee, Centralises Strategic Oversight Under Board
Aug 11, 2026
China Everbright Water Limited has announced the dissolution of its Strategy Committee, effective 11 August 2026, as part of efforts to streamline and optimise its corporate governance structure and decision-making processes. The functions and res...
China Everbright Water Clarifies Board and Committee Structure
Aug 11, 2026
China Everbright Water Limited announced the current composition of its board of directors, confirming one executive director, Mr. Xiong Jianping, and four independent non-executive directors, Ms. Hao Gang, Mr. Ng Joo Hee Peter, Mr. Soh Kok Leong,...
China Everbright Water Sets August Board Meeting to Approve Interim Results
Jul 28, 2026
China Everbright Water Limited has scheduled a board meeting for 11 August 2026 to review and approve the unaudited financial results for the six months ended 30 June 2026 and to authorize their release. The board will also consider the payment of...
China Everbright Water Reshapes Board and Leadership After Chairman’s Retirement
Jul 17, 2026
China Everbright Water has announced a series of leadership and governance changes effective 17 July 2026, triggered by the retirement of non-executive director and chairman Luan Zusheng. Luan has stepped down from the board, from chairing the Str...
China Everbright Water Details Board and Committee Structure
Jul 17, 2026
China Everbright Water Limited has announced the current composition of its board, featuring executive director Xiong Jianping and four independent non-executive directors, Hao Gang, Ng Joo Hee Peter, Soh Kok Leong and Chan Pui Shan Sandy. The dis...
Everbright Water Raises RMB 1.5 Billion in Oversubscribed AAA-Rated Medium-Term Notes
Jul 14, 2026
China Everbright Water Limited, an environmental protection company focused on water environment management and listed in Singapore and Hong Kong, has been expanding its presence in China’s domestic debt markets. The group has secured regist...
China Everbright Water Completes RMB1.5 Billion Medium-Term Note Issuance in China
Jul 14, 2026
China Everbright Water Limited has completed the issuance of its 2026 First Tranche Medium Term Notes in the Chinese Mainland’s national inter-bank bond market, raising RMB1.5 billion from institutional investors. The notes, issued at par wi...
China Everbright Water Fully Sees Resale of 2023 Second Tranche MTNs
Jul 6, 2026
China Everbright Water Limited has announced the results of the resale option for its 2023 second tranche medium term notes, identified as 23 MTN002. Noteholders exercised the resale option between 29 June and 3 July 2026 at a resale price of RMB1...
China Everbright Water Moves to Adjust Terms on RMB1.5 Billion Medium-Term Notes
Jun 26, 2026
China Everbright Water has announced regulatory details in relation to its 2023 second tranche medium-term notes, a RMB1.5 billion issuance placed with institutional investors in China’s national inter-bank bond market in July 2023. The note...
China Everbright Water exits Qingdao PPP wastewater project amid regulatory changes
Jun 5, 2026
China Everbright Water has terminated a previously announced concession project for the phase II development and phase I upgrading of a wastewater treatment plant at Zhangcun River in Qingdao’s Laoshan District. The move follows changes in C...
China Everbright Water Sets Interest Payment on RMB700 Million 2025 MTNs
Jun 2, 2026
China Everbright Water has announced the upcoming interest payment on its 2025 third tranche medium term notes, issued in the Chinese Mainland’s national inter-bank bond market with a principal amount of RMB700 million. The notes, placed wit...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.