Zheneng Jinjiang Environment Holding Co., Ltd. (BWM) AI Stock Analysis

• Market Cap: S$647.04M
• Dividend Yield: N/A
• Average Volume (3M): 163.17K
• Price to Earnings (P/E): 4.7
• Beta (1Y): 0.67
• Revenue Growth: 6.50%
• EPS Growth: 231.23%
• Country: SG
• Employees: 2,492
• Sector: Utilities
• Sector Strength: 65
• Industry: Renewable Utilities
• EPS (TTM): 0.04
• Shares Outstanding: 1,454,024,700
• 10 Day Avg. Volume: 30,320
• 30 Day Avg. Volume: 163,170
• PEG Ratio: 0.05
• Price to Book (P/B): 0.47
• Price to Sales (P/S): 0.97
• P/FCF Ratio: 59.36
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 63 Neutral
• Price Target: S$0.50 ▲(11.11% Upside)

The overall stock score is primarily influenced by the company's strong valuation metrics, including a low P/E ratio and high dividend yield, which suggest potential undervaluation. However, financial performance concerns, particularly around cash flow and leverage, along with neutral technical indicators, moderate the overall score.

Zheneng Jinjiang Environment Holding Co., Ltd. Business Overview & Revenue Model

Company Description

Zheneng Jinjiang Environment Holding Company Limited engages in the generation and sale of electricity and steam in the People's Republic of China. The company operates through Waste-To-Energy Project Construction and Operation; and Project Technical and Management Service, Equipment Selection and Sale, and EMC Business segments. It is involved in the operation of waste-to-energy plants; project management, technical consulting, and advisory services and energy management, as well as contracting business; and construction services under service concession arrangement. As of December 31, 2023, it operated 27 waste-to-energy facilities, 3 kitchen waste treatment facilities, and 8 waste resource recycling facilities in the People's Republic of China with a total installed waste treatment capacity of 44,405 tons/day; and a total installed capacity of 915 MW. The company was formerly known as China Jinjiang Environment Holding Company Limited and changed its name to Zheneng Jinjiang Environment Holding Company Limited in November 2019. Zheneng Jinjiang Environment Holding Company Limited was founded in 1998 and is based in Hangzhou, the People's Republic of China.

How the Company Makes Money

BWM generates revenue through several key streams, primarily from the operation of waste management facilities, including landfills and incineration plants that convert waste into energy. The company also earns income from the treatment and recycling of municipal and industrial waste. Additionally, BWM engages in public-private partnerships with local governments to secure long-term contracts for waste management services, which provide a stable revenue base. The company further benefits from selling electricity generated from its waste-to-energy projects, as well as from environmental consulting and technology services offered to businesses and municipalities. Strategic collaborations with other firms in the energy and environmental sectors also enhance its market position and revenue potential.

Zheneng Jinjiang Environment Holding Co., Ltd. Financial Statement Overview

Summary

The company demonstrates strong operational efficiency with robust EBIT and EBITDA margins. However, it faces challenges with declining revenue growth and high leverage, which could impact financial stability. The cash flow situation is concerning, with negative free cash flow and low coverage ratios, indicating potential liquidity issues.

Income Statement

The company shows a mixed performance in its income statement. While the gross profit margin and net profit margin are relatively healthy, there is a notable decline in revenue growth rate, indicating potential challenges in maintaining revenue levels. The EBIT and EBITDA margins are strong, suggesting efficient operational management. However, the negative revenue growth rate is a concern that needs addressing.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio, which indicates significant leverage and potential financial risk. The return on equity is modest, reflecting moderate profitability relative to shareholder equity. The equity ratio is stable, but the high leverage could pose risks if not managed carefully.

Cash Flow

Cash flow analysis shows a concerning trend with negative free cash flow and a low operating cash flow to net income ratio. Although there is a significant improvement in free cash flow growth, the overall cash flow position remains weak, which could impact the company's ability to invest in future growth.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	696.41M	3.73B	3.75B	4.07B	4.10B	624.12M
Gross Profit	267.13M	1.34B	1.13B	1.16B	1.05B	180.58M
EBITDA	361.93M	2.05B	1.56B	1.57B	1.55B	220.39M
Net Income	136.38M	618.48M	281.65M	325.02M	432.46M	66.15M
Balance Sheet
Total Assets	23.99B	23.11B	21.95B	21.47B	20.37B	3.59B
Cash, Cash Equivalents and Short-Term Investments	516.29M	600.38M	462.43M	627.05M	387.80M	73.10M
Total Debt	12.94B	12.23B	11.31B	11.25B	10.49B	1.77B
Total Liabilities	16.13B	15.39B	14.78B	14.60B	13.84B	2.36B
Stockholders Equity	7.73B	7.60B	7.05B	6.71B	6.40B	1.21B
Cash Flow
Free Cash Flow	-49.19M	60.75M	381.34M	367.19M	-771.46M	-214.82M
Operating Cash Flow	242.25M	1.29B	1.32B	1.43B	322.75M	86.78M
Investing Cash Flow	-288.29M	-1.20B	-863.38M	-783.12M	-1.05B	-275.36M
Financing Cash Flow	22.78M	44.35M	-626.54M	-411.66M	760.92M	171.31M

Zheneng Jinjiang Environment Holding Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.45
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:BWM, the sentiment is Negative. The current price of 0.45 is above the 20-day moving average (MA) of 0.45, below the 50-day MA of 0.45, and above the 200-day MA of 0.44, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 48.51 is Neutral, neither overbought nor oversold. The STOCH value of <0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SG:BWM.

Zheneng Jinjiang Environment Holding Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
5GD	―	S$335.47M	13.50	6.52%	―	-5.31%	-47.29%
Sector *	―	$17.65B	18.10	5.60%	3.62%	6.62%	11.55%
BWM	―	S$647.04M	4.71	10.29%	―	6.50%	231.23%
YSV	―	S$16.94M	0.09	―	―	-17.57%	―

Zheneng Jinjiang Environment Holding Co., Ltd. Corporate Events

Zheneng Jinjiang Environment Conducts EGM with Remote Participation

Zheneng Jinjiang Environment Holding Co., Ltd., incorporated in the Cayman Islands, held an Extraordinary General Meeting (EGM) on August 21, 2025, in Singapore. The meeting was chaired by Mr. Ang Swee Tian, the Lead Independent Director, as the Chairman, Mr. Wei Dongliang, joined via video conference from China. The EGM involved voting on a resolution by way of poll, in compliance with the Singapore Exchange’s requirements, with Boardroom Corporate & Advisory Services Pte. Ltd. as the polling agent and DrewCorp Services Pte Ltd as the independent scrutineer.