Want to see HK:3768 full AI Analyst Report?
Kunming Dianchi Water Treatment Co., Ltd. Class H (3768) AI Stock Analysis
Top Page
Kunming Dianchi Water Treatment Co., Ltd. Class H
(HKEX:3768)
The score is most constrained by financial quality risks—especially highly volatile and recently negative operating/free cash flow—alongside declining revenue and softer net profitability. Technicals also remain weak with the stock trading below major moving averages and negative MACD. Offsetting these risks, the valuation is supportive due to a very low P/E.
Kunming Dianchi Water Treatment Co., Ltd. Class H (3768) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 303.59M
- Dividend Yield
- ―
- Average Volume (3M)
- 48.48K
- Price to Earnings (P/E)
- 2.4
- Beta (1Y)
- 0.34
- Revenue Growth
- -6.02%
- EPS Growth
- -54.26%
- Country
- Hong Kong
- Employees
- 981
- Sector
- Utilities
- Sector Strength
- 66
- Industry
- Regulated Water
Kunming Dianchi Water Treatment Co., Ltd. Class H Business Overview & Revenue Model
Company Description
Kunming Dianchi Water Treatment Co., Ltd., along with its various subsidiaries, is a comprehensive enterprise dedicated to water infrastructure development and management across the People's Republic of China. The company is involved in the entire li...
Kunming Dianchi Water Treatment Co., Ltd. Class H Financial Statement Overview
Summary
Operating profitability is relatively solid (gross margin improved to ~48% by 2025 and EBIT margin stayed in the low-to-mid 30s), and leverage has improved (debt-to-equity down to ~0.96). However, revenue has declined each year from 2022–2025, net margin fell to ~13.3% in 2025, and cash generation is a major weakness with negative operating cash flow (-524m) and negative free cash flow (-527m) in 2025.
Income Statement
62PositiveBalance Sheet
55NeutralCash Flow
28Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.38B | 1.48B | 1.59B | 1.81B | 2.07B | 2.32B |
| Gross Profit | 636.47M | 706.89M | 713.65M | 798.24M | 857.27M | 724.78M |
| EBITDA | 649.17M | 729.31M | 817.36M | 918.92M | 890.23M | 915.83M |
| Net Income | 108.92M | 196.21M | 263.22M | 316.51M | 322.25M | 338.28M |
Balance Sheet | ||||||
| Total Assets | 13.50B | 13.44B | 12.38B | 12.06B | 11.70B | 12.07B |
| Cash, Cash Equivalents and Short-Term Investments | 45.50M | 96.57M | 130.58M | 353.89M | 371.49M | 1.80B |
| Total Debt | 5.07B | 5.19B | 4.59B | 5.27B | 5.89B | 6.41B |
| Total Liabilities | 8.02B | 8.00B | 7.14B | 7.09B | 7.04B | 7.63B |
| Stockholders Equity | 5.47B | 5.43B | 5.23B | 4.97B | 4.65B | 4.43B |
Cash Flow | ||||||
| Free Cash Flow | -408.08M | -527.23M | 132.63M | 135.22M | -671.96M | -776.48M |
| Operating Cash Flow | -418.22M | -524.16M | 293.82M | 220.95M | -302.63M | -716.96M |
| Investing Cash Flow | -49.59M | -66.83M | 75.67M | 303.83M | -96.54M | 230.91M |
| Financing Cash Flow | 410.88M | 613.65M | -532.84M | -480.55M | -973.54M | 1.24B |
Kunming Dianchi Water Treatment Co., Ltd. Class H Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:3768, the sentiment is Negative. The current price of 0.29 is below the 20-day moving average (MA) of 0.32, below the 50-day MA of 0.35, and below the 200-day MA of 0.55, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 33.76 is Neutral, neither overbought nor oversold. The STOCH value of 16.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:3768.
Kunming Dianchi Water Treatment Co., Ltd. Class H Peers Comparison
Overall Rating
HK:613664Neutral
HK:228163Neutral
HK:037160Neutral- HK:376854Neutral
HK:085553Neutral
HK:683937Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 66Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% |
| HK:6136 | 64Neutral | HKD 1.61B | 4.24 | 5.09% | 0.71% | 3.75% | 94.39% |
| HK:2281 | 63Neutral | HKD 502.93M | 4.00 | 3.42% | 7.86% | -6.72% | -41.93% |
| HK:0371 | 60Neutral | HKD 14.27B | 10.13 | 5.29% | 10.35% | -5.30% | -2.36% |
| HK:3768 | 54Neutral | HKD 303.59M | 2.36 | 2.00% | ― | -6.02% | -54.26% |
| HK:0855 | 53Neutral | HKD 6.36B | 6.49 | 6.84% | 6.67% | -11.32% | -8.06% |
| HK:6839 | 37Underperform | HKD 90.68M | -0.04 | 92.48% | ― | -13.43% | 4.03% |
* Utilities Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:3768 | Kunming Dianchi Water Treatment Co., Ltd. Class H | 0.29 | -0.51 | -63.13% | |
| HK:0371 | Beijing Enterprises Water Group | 1.43 | -0.93 | -39.49% | |
| HK:0855 | China Water Affairs Group | 3.90 | -2.13 | -35.33% | |
| HK:6136 | Kangda International Environmental Co Ltd | 0.70 | 0.24 | 51.84% | |
| HK:6839 | Yunnan Water Investment Co., Limited Class H | 0.08 | -0.10 | -58.01% | |
| HK:2281 | Luzhou Xinglu Water (Group) Co., Ltd. Class H | 0.58 | -0.15 | -20.52% |
Kunming Dianchi Water Treatment Co., Ltd. Class H Corporate Events
Kunming Dianchi Water Treatment’s Controlling Shareholder Faces Extended Judicial Share Freeze
Kunming Dianchi Water Treatment has disclosed that the People’s Court of Panlong District in Kunming ordered the company to assist in enforcing a judicial freeze on shares held by its controlling shareholder, Kunming Dianchi Investment, related...
Kunming Dianchi Water Treatment Profit Plunges on Weaker Revenue and Higher Impairments
Kunming Dianchi Water Treatment reported interim revenue of RMB582.6 million for the six months to 30 June 2026, down 13.1 percent year on year, as weaker top-line performance and higher impairment losses weighed on results. Net profit attributable t...
Kunming Dianchi Water Treatment Warns of Earnings Hit from Lost VAT Break and Tax Surcharges
Kunming Dianchi Water Treatment Co., Ltd. has issued a supplemental announcement to its earlier profit warning, explaining that a downgrade of its 2025 tax credit rating to Grade C has caused it to lose eligibility for a key VAT exemption from 1 Janu...
Kunming Dianchi Water Treatment Sets Board Meeting to Review Interim Results and Dividend
Kunming Dianchi Water Treatment Co., Ltd. has scheduled a board meeting for 21 August 2026 to review and approve the unaudited consolidated interim results for the six months ended 30 June 2026. The board will also consider whether to recommend an in...
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.
Date of analysis: Sep 11, 2026