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Zheneng Jinjiang Environment Holding Co., Ltd.
(SGX:BWM)
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Rating:68Neutral
Price Target:
S$0.73
▲(62.22% Upside)
Action:Reiterated
Date:09/30/26
The score is driven primarily by attractive valuation (low P/E and strong dividend yield). Financial performance is improved on profitability and recent revenue acceleration, but is held back by meaningful leverage and inconsistent cash conversion. Technicals are supportive versus moving averages, though elevated RSI and a slightly negative/flat MACD temper the momentum outlook.
Positive Factors
Revenue and Profitability Improvement
The sharp TTM revenue acceleration, combined with healthy gross and net margins, indicates stronger operating performance and improved earnings power. If maintained, this scale and profitability can support reinvestment in environmental infrastructure while strengthening the company’s competitive position over coming quarters.
Negative Factors
Meaningful Leverage
Debt of roughly 1.5 times equity reduces financial flexibility and leaves the company more exposed if operating conditions weaken or financing costs rise. Leverage can also constrain capital allocation, making it harder to fund new projects or absorb weaker performance without additional financing.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue and Profitability Improvement
The sharp TTM revenue acceleration, combined with healthy gross and net margins, indicates stronger operating performance and improved earnings power. If maintained, this scale and profitability can support reinvestment in environmental infrastructure while strengthening the company’s competitive position over coming quarters.
Read all positive factors
Zheneng Jinjiang Environment Holding Co., Ltd. (BWM) vs. iShares MSCI Singapore ETF (EWS)
Market Cap
S$981.47M
Dividend Yield5.44%
Average Volume (3M)124.57K
Price to Earnings (P/E)6.1
Beta (1Y)0.36
Revenue Growth5.25%
EPS Growth11.02%
CountrySG
Employees2,514
SectorUtilities
Sector Strength65
IndustryRenewable Utilities
Share Statistics
EPS (TTM)0.58
Shares Outstanding1,454,024,700
10 Day Avg. Volume345,450
30 Day Avg. Volume124,570
Financial Highlights & Ratios
PEG Ratio0.30
Price to Book (P/B)0.44
Price to Sales (P/S)0.93
P/FCF Ratio30.20
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
Zheneng Jinjiang Environment Holding Co., Ltd. Business Overview & Revenue Model
Company Description
Zheneng Jinjiang Environment Holding Company Limited, established in 1998 and headquartered in Hangzhou, People's Republic of China, is an energy enterprise focused on environmental solutions. The company's core business involves generating and se...
How the Company Makes Money
The company’s earnings primarily come from operating waste-to-energy projects and related environmental services. Key revenue streams typically include: (1) Waste treatment service fees (tipping fees): payments received for accepting and processin...
Zheneng Jinjiang Environment Holding Co., Ltd. Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
58
Neutral
Cash Flow
52
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.00B | 3.78B | 3.73B | 3.75B | 4.07B | 4.10B |
| Gross Profit | 1.46B | 1.40B | 1.34B | 1.13B | 1.16B | 1.05B |
| EBITDA | 2.05B | 2.03B | 2.05B | 1.56B | 1.57B | 1.55B |
| Net Income | 818.95M | 724.78M | 618.48M | 281.65M | 325.02M | 432.46M |
Balance Sheet | ||||||
| Total Assets | 24.64B | 24.22B | 23.11B | 21.95B | 21.47B | 20.37B |
| Cash, Cash Equivalents and Short-Term Investments | 696.77M | 2.06B | 600.38M | 462.43M | 627.05M | 387.80M |
| Total Debt | 12.52B | 12.18B | 12.23B | 11.31B | 11.25B | 10.49B |
| Total Liabilities | 16.31B | 16.01B | 15.39B | 14.78B | 14.60B | 13.84B |
| Stockholders Equity | 8.23B | 8.09B | 7.60B | 7.05B | 6.71B | 6.40B |
Cash Flow | ||||||
| Free Cash Flow | 364.47M | 116.58M | 60.75M | 381.34M | 367.19M | -771.46M |
| Operating Cash Flow | 1.57B | 1.53B | 1.29B | 1.32B | 1.43B | 322.75M |
| Investing Cash Flow | -752.61M | -1.09B | -1.20B | -863.38M | -783.12M | -1.05B |
| Financing Cash Flow | -637.27M | -522.15M | 44.35M | -626.54M | -411.66M | 760.92M |
Zheneng Jinjiang Environment Holding Co., Ltd. Technical Analysis
Positive
0.45
Price Trends
0.58
Positive
0.58
Positive
0.55
Positive
Market Momentum
0.02
Negative
75.08
Negative
88.17
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:BWM, the sentiment is Positive. The current price of 0.45 is below the 20-day moving average (MA) of 0.60, below the 50-day MA of 0.58, and below the 200-day MA of 0.55, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 75.08 is Negative, neither overbought nor oversold. The STOCH value of 88.17 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SG:BWM.
Zheneng Jinjiang Environment Holding Co., Ltd. Peers Comparison
UnderperformOutperform
Sector (66)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | S$472.39M | 6.66 | 18.01% | 0.37% | ― | ― | |
68 Neutral | S$981.47M | 6.14 | 10.04% | 5.44% | 5.25% | 11.02% | |
66 Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% | |
63 Neutral | S$10.38B | 17.71 | 10.86% | 4.56% | 7.75% | -41.04% | |
62 Neutral | S$396.65M | 2.95 | 6.52% | 7.14% | ― | ― | |
58 Neutral | S$599.53M | 4.60 | 5.70% | 7.86% | -36.35% | -23.32% | |
41 Neutral | S$10.32M | -1.04 | -181.99% | 1.82% | -54.24% | 41.22% |
* Utilities Sector Average
SG:BWM
Zheneng Jinjiang Environment Holding Co., Ltd.
0.68
0.26
63.07%
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0.15
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China Everbright Water
0.22
-0.02
-8.90%
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5.92
-0.02
-0.35%
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0.01
>-0.01
-23.08%
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0.58
0.09
19.79%
Zheneng Jinjiang Environment Holding Co., Ltd. Corporate Events
Zheneng Jinjiang Environment Proposes S$64.6m Special Dividend Amid Takeover Scheme
Sep 29, 2026
Zheneng Jinjiang Environment Holding Company Limited, incorporated in the Cayman Islands and listed in Singapore, operates within the environmental services industry and has historically maintained a pattern of dividend distributions to return val...
Zheneng Jinjiang Environment Provides Cautious Update on Potential Share Transaction
Sep 11, 2026
Zheneng Jinjiang Environment Holding Co., Ltd. has issued an update on a potential transaction involving its shares, noting that confidential discussions with interested parties are still ongoing. The board emphasized that no decision has been mad...
Zheneng Jinjiang Tightens Control Covenants in US$87m Loan Restructuring
Aug 18, 2026
Zheneng Jinjiang Environment Holding Company Limited has amended and restated the financing terms for its Indonesian subsidiary PT Indo Green Power, converting its previous dual-currency syndicated term loans into two U.S. dollar facilities totali...
Zheneng Jinjiang Environment Updates Market on Uncertain Share Transaction Talks
Aug 12, 2026
Zheneng Jinjiang Environment Holding Co., Ltd., an environmental services-focused holding company incorporated in the Cayman Islands, maintains a listed share base that draws both institutional and retail investors. Its business model and capital-...
Zheneng Jinjiang Environment Warns Investors as Talks on Possible Share Deal Continue
Jul 10, 2026
Zheneng Jinjiang Environment Holding Co., Ltd. has issued an update stating that confidential discussions regarding a potential transaction involving its shares remain ongoing, with no decisions made and no agreements yet entered into. The company...
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.