Share This

Public company info - Kunming Dianchi Water Treatment Co. Ltd.-H shares , 03768.HK
Input the stock code or the company name     Search  
 
 Profile   Information   Data   Financial Ratios   Profit Loss   Cash Flow   Balance   Earnings   Dividend 

Kunming Dianchi Water Treatment Co. Ltd.-H shares, 03768.HK - Company Profile
Chairman Guo Yumei
Share Issued (share) 340,000,000
Par Currency Renminbi
Par Value 1.0
Industry Water Supply
Corporate Profile Business Summary: The group is principally engaged in the development, design, construction, operation and maintenance of water supply and wastewater treatment facilities in the PRC. Performance for the year: For the year ended 31 December 2019, the Group’s: revenue amounted to approximately RMB1,834 million, representing an increase of 28.2% from 2018; profit before tax amounted to approximately RMB438 million, representing an increase of 5.5% from 2018; profit attributable to equity holders of the Company amounted to approximately RMB368 million, representing an increase of 5.7% from 2018; and earnings per share amounted to approximately RMB0.36, representing an increase of 5.9% from 2018 Business Review The Group principally adopts the TOO, TOT and BOT project models, with a focus on the TOO model. For the year ended 31 December 2019, our TOO projects contributed 45.9% of our total revenue. Our TOT projects contributed 5.9% of our total revenue and our BOT projects contributed 22.1% of our total revenue. We also adopt the BOO and BT project models for some of our projects. For the TOO and TOT models, we acquire concessions to operate existing facilities at agreed prices from the relevant local governments. For the BOT model, we finance, construct and operate our own facilities. After the expiration of the relevant concessions, we either obtained new concessions from or transferred the relevant facilities back to the relevant local governments, depending on project types. As of 31 December 2019, we had a total of 46 plants (39 wastewater treatment plants and 7 running water plants) under concession agreements, of which 39 plants were in operation and 7 plants were under construction. Among the 39 plants in operation, 14 were TOO projects, 20 were TOT projects, 3 were BOT projects and 2 were BOO projects. During the Reporting Period, the utilization rate of our facilities was above the industry average and the volume of wastewater treated was maintained at a high level. For the year ended 31 December 2019, the total volume of wastewater treated was 622.8 million m3 with an average facility utilization rate of 93.7%. Wastewater Treatment Projects As of 31 December 2019, we had a total of 34 wastewater treatment plants in operation (including 14 in Kunming and 20 in other areas of China), with a total wastewater treatment capacity of 1.83 million m3 per day. We also had 5 wastewater treatment plants under construction in Yunnan Province, the PRC and in Laos, respectively. Additionally, our management services facilities had total designed wastewater treatment capacity of 0.4 million m3 per day. With our technologically advanced facilities, independently developed patents and strong management skills, we were able to maintain low costs while providing high quality wastewater treatment services. As of 31 December 2019, 97% of our designed wastewater treatment capacity reached the National Class I Category A discharge standard. During the Reporting Period, the Company continued to develop its business. On 26 September 2019, the Company entered into the Concession Agreement of the First and Second Sewage Treatment Plant Projects TOT+BOT of Zhaotong Central City ( 《昭通中心城市第一、二污水處理廠項目TOT+BOT特許經營協議》 ) (the “Concession Agreement”) with the Zhaoyang District Housing and Urban-Rural Construction Bureau of Zhaotong City of Yunnan Province (雲南省昭通市昭陽區住房和城鄉建設局). Pursuant to the Concession Agreement, the Company intended to invest approximately RMB661 million to conduct asset revitalization, upgrade and renovation for the First Sewage Treatment Plant of Zhaotong and conduct main pipeline construction, sludge disposal project, reclaimed water reuse project and related supporting sewage pipeline network supporting project for the newly constructed Second Sewage Treatment Plant. Reclaimed Water Business For our reclaimed water business, as of 31 December 2019, we had 7 of our wastewater treatment plants producing reclaimed water, with a total designed daily production capacity of 52,000 m3. Customers of our reclaimed water include commercial and industrial establishments, enterprises and public institutions in Kunming. During the Reporting Period, reclaimed water supply was 11,735,808 m3, representing an increase of approximately 33% compared with 2018. We expect this growth momentum to continue as we expand our reclaimed water business. In recent years, with the construction of sponge cities in China, the construction of sponge cities has also commenced in Kunming City, Yunnan Province. Closely following the national policy and the demand of urban development, we actively entered into the rainwater resources utilization market on the basis of stepping up the expansion of the original reclaimed water business, and gradually formed a new development pattern of coordinated development of reclaimed water and rainwater resources utilization. During the Reporting Period, the Company entered into the Concession Service Agreement for Reclaimed Water in Kunming (《昆明市再生水特許經營服 務 協 議》 )(“Service Agreement”) with Kunming Water Resources Bureau. Pursuant to the Service Agreement, the Company was authorized to carry out concession service for use of reclaimed water within the urban planning areas of Wuhua, Panlong, Xishan, Guandu and Dianchi Tourist Resort as well as the areas permitted for provision of reclaimed water service by the reclaimed water supply facilities newly built, modified and expanded, acquired and managed under entrustment by the Company within the administrative districts of Kunming according to the relevant planning requirements for use of reclaimed water in Kunming which shall be valid for a term of 30 years from 23 September 2019 to 22 September 2049. During the period of the concession service, in order to achieve the target scale of reclaimed water in Kunming, the estimated amount of investment by the Company will be approximately RMB2.0 billion. At the same time, the Company carried out a number of cooperation projects in Xishuang Banna and Dali on reclaimed water and rainwater resources utilization to continuously improve urban water environment. Running Water Business For our running water business, as of 31 December 2019, we had 5 running water plants in the PRC, and 2 running water plant under construction. During the Reporting Period, the supply of running water increased by approximately 14% compared with the year of 2018. We expect that following the construction of urbanization and the construction of water supply facilities, the running water business will grow further. Prospects: After experiencing the lowest global economic growth rate in 10 years in 2019, in 2020, factors such as the spread of the novel coronavirus epidemic globally, oil price wars, prevail of trade protectionism, increase in downward pressure on the global economy and pessimism in the market, the lack of confidence on risks and investment in international financial markets and deeply affected by social turmoil in some countries, etc. will affect future world economic trends. However, on the premise that the international trade situation has stabilized, as the world’s second largest economy, the basic trend of China’s stable economy and long-term improvement in 2020 has not changed. As China ’s relations with neighboring countries improves, promoting the “Belt and Road” Initiative will become a positive factor for the stable development of domestic and foreign economies. East Asia will remain the region with the fastest global economic growth and the largest contribution to global economic growth. Emerging economies are expected to become the main engine of the world’s economic growth in 2020 and the role of “stabilizer” and “promoter” of China’s economy is particularly exciting. At present, the environmental protection industry has entered a period of intensive policy, a period of accelerated industrial integration, a period driven by technological innovation and a period of market differentiation. At the same time, the year of 2020 will be the key year for the Company to be responsible for the “three-year tackling” governance project of Dianchi Lake. The Company will be based in Kunming, Yunnan, to focus on international operation. Market positioning is committed to becoming a comprehensive service provider of ecological environmental protection governance by relying on domestic ecological environmental protection governance market, integrated extension and overseas capital markets. The Company will learn advanced environmental protection technologies in developed countries and optimized iteration will be further applied to industrialization. The Company will also actively participate in global ecological environmental protection governance market competition to strive to become a multinational environmental protection listed company with certain international influence. Facing the opportunities and challenges brought by new trends, the Company will focus on advancing the research on industry benchmarks within the framework of the five-year strategic plan, promote the Company’s comprehensive innovation and acceleration and optimize human resources to strengthen financial control, innovate financing models and improve risk management system. The Company will also establish a diversified investment system, extend industrial chain, build environmental protection investment pattern by implementing a vertical integration strategy, deeply cultivating existing businesses and markets, taking into account horizontal integration strategies and increasing the strength of development of South and Southeast Asian markets. While conducting initial internationalization, a standardized management system has been comprehensively built to improve management efficiency. The Company will combine existing business resources through providing ecological environmental protection and treatment planning and water purification treatment project framework design, investment cooperation and eco-environmental protection and treatment comprehensive services by integrating operation and maintenance. The Company will continue to pay attention to environmental protection industry chain projects and relevant market opportunities of merger and acquisition, strive to create new profit growth points and further enhance the Company’s operating performance and overall value.

Information from the financial statements of listed companies

Mobile | Full
Forum rule | About Us | Contact Info | Terms & Conditions | Privacy Statment | Disclaimer | Site Map
Copyright (C) 2024Suntek Computer Systems Limited. All rights reserved
Disclaimer : In the preparation of this website, 88iv endeavours to offer the most current, correct and clearly expressed information to the public. Nevertheless, inadvertent errors in information and in software may occur. In particular but without limiting anything here, 88iv disclaims any responsibility and accepts no liability (whether in tort, contract or otherwise) for any direct or indirect loss or damage arising from any inaccuracies, omissions or typographical errors that may be contained in this website. 88iv also does not warrant the accuracy, completeness, timeliness or fitness for purpose of the information contained in this website.