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SIIC Environment Secures a 50,000-tonne Project in Heilongjiang
and a 180,000-tonne Project Signed a Tariff Increase Agreement in Shanghai
This announcement is made voluntarily by SIIC ENVIRONMENT HOLDINGS LTD. (" SIIC Environment" or the " Company" ,
together with its subsidiaries, the " Group" ), a water treatment and environmental protection company listed on the Main Board
of the SGX-ST and the Main Board of the Hong Kong Stock Exchange, to update the shareholders of the Company and
potential investors on its latest business developments.
The Group is pleased to announce that it has won the bid for the Jiguan Project with designed capacity of 50,000 tonnes per
day in Heilongjiang, the People&rsquo s Republic of China (" PRC" ). It has also signed a tariff increase agreement for its Qingpu
Second WWTP Project in Shanghai.
Secures a 50,000-tonne WWTP Project
The Company&rsquo s indirect 57.9687% owned subsidiary, Longjiang Environmental Protection Group Co., Ltd., has won the bid for
Jixi City Jiguan District WWTP Project 3rd Phase (&ldquo Jiguan 3rd Project&rdquo ) and signed an agreement with Jiguan Housing and
Urban-Rural Development Bureau. Jiguan 3rd Project has a designed capacity of 50,000 tonnes per day and the discharge standard
is Class I Standard A. The concession period shall last for 30 years.
Signs tariff increase agreement for 180,000-tonne Project
The Group has also signed a supplementary water tariff increase agreement with the Shanghai Qingpu Water Authority regarding
Qingpu Second WWTP Project (&ldquo Qingpu Project&rdquo ) in Shanghai. Qingpu Project has a total designed capacity of 240,000 tonnes
per day, of which 180,000 tonnes are in operation and the remaining 60,000 tonnes are to be constructed. The agreement has
retrospective effect from 1 May 2021.
The above-mentioned projects are expected to contribute positively to the Group&rsquo s future performance. For investor relations inquiries,
please contact [email protected].
By Order of the Board SIIC ENVIRONMENT HOLDINGS LTD.
Executive Director Mr. Zhu Dazhi Hong Kong and Singapore,15 January 2024
and a 180,000-tonne Project Signed a Tariff Increase Agreement in Shanghai
This announcement is made voluntarily by SIIC ENVIRONMENT HOLDINGS LTD. (" SIIC Environment" or the " Company" ,
together with its subsidiaries, the " Group" ), a water treatment and environmental protection company listed on the Main Board
of the SGX-ST and the Main Board of the Hong Kong Stock Exchange, to update the shareholders of the Company and
potential investors on its latest business developments.
The Group is pleased to announce that it has won the bid for the Jiguan Project with designed capacity of 50,000 tonnes per
day in Heilongjiang, the People&rsquo s Republic of China (" PRC" ). It has also signed a tariff increase agreement for its Qingpu
Second WWTP Project in Shanghai.
Secures a 50,000-tonne WWTP Project
The Company&rsquo s indirect 57.9687% owned subsidiary, Longjiang Environmental Protection Group Co., Ltd., has won the bid for
Jixi City Jiguan District WWTP Project 3rd Phase (&ldquo Jiguan 3rd Project&rdquo ) and signed an agreement with Jiguan Housing and
Urban-Rural Development Bureau. Jiguan 3rd Project has a designed capacity of 50,000 tonnes per day and the discharge standard
is Class I Standard A. The concession period shall last for 30 years.
Signs tariff increase agreement for 180,000-tonne Project
The Group has also signed a supplementary water tariff increase agreement with the Shanghai Qingpu Water Authority regarding
Qingpu Second WWTP Project (&ldquo Qingpu Project&rdquo ) in Shanghai. Qingpu Project has a total designed capacity of 240,000 tonnes
per day, of which 180,000 tonnes are in operation and the remaining 60,000 tonnes are to be constructed. The agreement has
retrospective effect from 1 May 2021.
The above-mentioned projects are expected to contribute positively to the Group&rsquo s future performance. For investor relations inquiries,
please contact [email protected].
By Order of the Board SIIC ENVIRONMENT HOLDINGS LTD.
Executive Director Mr. Zhu Dazhi Hong Kong and Singapore,15 January 2024
Nice set of results - continuing to prove the sceptics wrong.
SIIC Environment Q3 net profit rises 0.5% on higher revenue from projects
WASTEWATER treatment company SIIC Environment : BHK -2% posted a 0.5 per cent rise in net profit to RMB206 million (S$38.5 million) for the third quarter ended Sep 30, 2023, from RMB205 million a year earlier.
Revenue over the same period rose 10.9 per cent to RMB2.3 billion, from RMB2.1 billion a year earlier.
Earnings per share for the quarter stood at RMB0.08, from RMB0.0796 the year before.
In its results release on Tuesday (Nov 14), the group noted that its construction revenue grew 11.6 per cent to RMB861.9 million in Q3.
&ldquo The group&rsquo s benchmark water treatment project, Xicen Water Purification Plant Project in Qingpu, Shanghai, together with several other construction projects have contributed to the increase in construction revenue,&rdquo it said.
It also said that it saw 11.3 per cent higher operating, maintenance and financial income for service concession agreements to RMB1.3 billion.
It attributed the higher revenue to the group&rsquo s solid waste treatment and power generation project, Shanghai Baoshan Renewable Energy Utilisation Centre, which commenced operations in the beginning of the year.
The group also saw higher volume and average price in water treatment and water supply.
It added that it has actively deployed high-quality projects and will keep expanding its wastewater and sludge treatment business as the business sees favourable policy support.
With the more challenging interest rate environment the market is looking more closely at relative valuation and gearing in picking winners and losers. Perhaps they see SIIC has a lower dividend yield and higher leverage than Everbright.
Latest is 0.197 and declining trend. But financials look good. Anything the concern for this counter?
last year result was out on 5 Aug w a dividend 0.5 cts
stock currently trading on a trailing p/e of 3.7 X and a dividend yield of 7.3% (full year)
company' s nta is 75.0 cts against current price of 20.5 cts.
for info only. vested
stock currently trading on a trailing p/e of 3.7 X and a dividend yield of 7.3% (full year)
company' s nta is 75.0 cts against current price of 20.5 cts.
for info only. vested
Tortoises inching up? become dragon fly hard 😂
Announcement swee. 20,000-tonne WWTP Projects Commenced Commercial Operation
The above-mentioned projects are expected to make positive contributions to the Group' s results
Announcement swee. 20,000-tonne WWTP Projects Commenced Commercial Operation
The above-mentioned projects are expected to make positive contributions to the Group' s results
MarcLim ( Date: 01-Mar-2023 21:00) Posted:
|
Nice. But why still below 20c?
Welcome to SGX 😆
Welcome to SGX 😆
Catrade ( Date: 25-Feb-2023 00:42) Posted:
|
SIIC Environment FY2022 Revenue Increases by 14.3% YOY to RMB8.304 Billion Net Profit Attributable to Shareholders up 10.5% YOY to RMB780 Million & bull FY2022 revenue amounted to RMB8.304 billion, a 14.3% year-on-year (YOY) increase
1. Net profit attributable to shareholders was RMB780 million, a 10.5% YOY increase
2. Operating and maintenance income and financial income from service concession arrangements amounted to RMB4.704 billion, a growth of 9.7% YOY, mainly due to an increase in wastewater treatment and water supply volumes, as well as the higher average wastewater treatment tariffs.
3. Construction revenue rose by 19.4% YOY to RMB2.969 billion, mainly due to the commencement of the commissioning phase of the Shanghai Baoshan Renewable Energy Utilization Center, which contributed higher construction revenue during the Reporting Period.
4. In terms of projects, the Group won 13 new projects, including water treatment projects with a total designed capacity of 367,200 tonnes per day. In addition, 7 wastewater treatment projects, with a total designed capacity of 880,000 tonnes per day, were awarded upgrades, expansions, tariff increases and extended operation and management (O& M) service periods.
5. 12 water treatment projects, with a total designed capacity of 1.13 million tonnes per day, were put into commercial operations
6. As of the end of FY2022, the Group had nearly 250 wastewater treatment and water supply projects, with a total capacity of 13.04 million tonnes per day
The Board has recommended a final dividend of SGD$0.01 per ordinary share and will seek approval from the Company' s shareholders at the annual general meeting.
1. Net profit attributable to shareholders was RMB780 million, a 10.5% YOY increase
2. Operating and maintenance income and financial income from service concession arrangements amounted to RMB4.704 billion, a growth of 9.7% YOY, mainly due to an increase in wastewater treatment and water supply volumes, as well as the higher average wastewater treatment tariffs.
3. Construction revenue rose by 19.4% YOY to RMB2.969 billion, mainly due to the commencement of the commissioning phase of the Shanghai Baoshan Renewable Energy Utilization Center, which contributed higher construction revenue during the Reporting Period.
4. In terms of projects, the Group won 13 new projects, including water treatment projects with a total designed capacity of 367,200 tonnes per day. In addition, 7 wastewater treatment projects, with a total designed capacity of 880,000 tonnes per day, were awarded upgrades, expansions, tariff increases and extended operation and management (O& M) service periods.
5. 12 water treatment projects, with a total designed capacity of 1.13 million tonnes per day, were put into commercial operations
6. As of the end of FY2022, the Group had nearly 250 wastewater treatment and water supply projects, with a total capacity of 13.04 million tonnes per day
The Board has recommended a final dividend of SGD$0.01 per ordinary share and will seek approval from the Company' s shareholders at the annual general meeting.
SIIC Environment Secures its First WWTP Project in Macau
This announcement is made by SIIC ENVIRONMENT HOLDINGS LTD. (" SIIC Environment" or the " Company" , together with its subsidiaries, the " Group" ), a water treatment and environmental protection company listed on the Main Board of the SGX-ST and the Main Board of the Hong Kong Stock Exchange, on a voluntary basis to keep shareholders and potential investors of the Company informed of its latest business developments.
The Group is pleased to announce that SIIC Environment recently secured its first wastewater treatment plant (&ldquo WWTP&rdquo ) project in the Macao Special Administrative Region (" Macau" ) of the People&rsquo s Republic of China (" PRC" ). The Project has a total designed capacity of 69,685 tons per day.
Nanfang Water Co., Ltd., an indirect wholly-owned subsidiary of SIIC Environment, has signed an agreement with the Government of the Macao Special Administrative Region and Companhia De Desenvolvimento De Tecnologias Greenfort LDA. em Consó rcio (前 衛 環 寶 科 技 發 展 有 限 公 司 ) regarding the operation and maintenance (O& M) services of the Taipa WWTP and the wastewater treatment facility at Macau International Airport (the " Macau Project" ). The Taipa WWTP in Macau has a designed treatment capacity of 69,000 tons per day .....
DYDD cheers.
This announcement is made by SIIC ENVIRONMENT HOLDINGS LTD. (" SIIC Environment" or the " Company" , together with its subsidiaries, the " Group" ), a water treatment and environmental protection company listed on the Main Board of the SGX-ST and the Main Board of the Hong Kong Stock Exchange, on a voluntary basis to keep shareholders and potential investors of the Company informed of its latest business developments.
The Group is pleased to announce that SIIC Environment recently secured its first wastewater treatment plant (&ldquo WWTP&rdquo ) project in the Macao Special Administrative Region (" Macau" ) of the People&rsquo s Republic of China (" PRC" ). The Project has a total designed capacity of 69,685 tons per day.
Nanfang Water Co., Ltd., an indirect wholly-owned subsidiary of SIIC Environment, has signed an agreement with the Government of the Macao Special Administrative Region and Companhia De Desenvolvimento De Tecnologias Greenfort LDA. em Consó rcio (前 衛 環 寶 科 技 發 展 有 限 公 司 ) regarding the operation and maintenance (O& M) services of the Taipa WWTP and the wastewater treatment facility at Macau International Airport (the " Macau Project" ). The Taipa WWTP in Macau has a designed treatment capacity of 69,000 tons per day .....
DYDD cheers.
MarcLim ( Date: 12-Feb-2023 18:49) Posted:
|
Look forward to it result? And dividend. Spare cash buy and hold 😜
Trending higher and higher from low 145-150.
Trending higher and higher from low 145-150.
Catrade ( Date: 04-Jan-2023 02:48) Posted:
|
Looking forwards to this ....
CleanNGreen ( Date: 01-Jan-2023 14:18) Posted:
|
Given the bright future of this industry, low PE, cheap P/BV and long earning history, i wouldn' t be surprised that the company might be taken private once the interest rate stabilizes and liquidity starts to flow back.
Catrade ( Date: 31-Dec-2022 08:52) Posted:
|
Indeed is good news for SIIC, but its share price doesn' t move. What is wrong with this SGX market? Its valuation is also very very cheap, plus this compomy gives good dividends half yearly....
SIIC Environment Secures its first WWTP Project in Sichuan Province
Full details at Sgx Co announcement:
https://links.sgx.com/1.0.0/corporate-announcements/CFVJPNA0JHURAQ6N/098ab50111a9d3d139aa941ae5402c2382f0bf5d8950adb3f83577222a6a89fe
Full details at Sgx Co announcement:
https://links.sgx.com/1.0.0/corporate-announcements/CFVJPNA0JHURAQ6N/098ab50111a9d3d139aa941ae5402c2382f0bf5d8950adb3f83577222a6a89fe
Multiple SIIC Environment Projects Signed Expansion and
Tariff Increase Agreements and Commenced Operation
This announcement is made by SIIC ENVIRONMENT HOLDINGS LTD. (" SIIC Environment" or the " Company" ,
together with its subsidiaries, the " Group" ), a water treatment and environmental protection company listed on
the Main Board of the SGX-ST and the Main Board of the Hong Kong Stock Exchange, on voluntary basis to
keep shareholders and potential investors of the Company informed of its latest business developments.
The Group is pleased to announce the following developments: expansion agreements have been signed in
relation to the Xiaocao' e Project and the Chongren Project in the People&rsquo s Republic of China, involving total
designed capacity of 70,000 tonnes per day the Yicheng Project and first phase of the Chongren Project of
total designed capacity 40,000 tonnes per day have commenced commercial operation and the Fengxin
Project has signed a tariff increase agreement.
Expansion Agreements Signed for 70,000-tonne WWTP Projects
The Company&rsquo s 92.15% indirectly owned subsidiary, Shanghai Fudan Water Engineering and Technology Co., Ltd.,
signed an agreement with the Yuyao Housing and Urban-Rural Development Bureau, regarding the expansion of
Yuyao City (Xiaocao&rsquo e) City Wastewater Treatment Plant (&ldquo WWTP&rdquo ) Project (" Xiaocao' e Project" ). The expansion
has a designed capacity of 50,000 tonnes per day and a discharge standard as Zhejiang Province Clean Discharge
standard. After the expansion is completed, the total designed capacity of the Xiaocao&rsquo e Project will reach
300,000 tonnes per day.
The Company&rsquo s 60% indirectly owned subsidiary, Ranhill (Chongren) Water Co. Ltd., signed an agreement
with the Jiangxi Chongren High Technology Industrial Park Management Committee, regarding the Jiangxi
Chongren High Technology Industrial Park WWTP Project (Expansion) (" Chongren Expansion Project" ).
The Chongren Expansion Project has a designed capacity of 20,000 tonnes per day and a discharge standard
as Class I Standard A.
40,000-tonne WWTP Projects Commenced Operation
Zaozhuang City Yicheng District WWTP Expansion Project 1st Phase (" Yicheng Project" ) commenced operation.
Yicheng Project has a designed capacity of 30,000 tonnes per day and a discharge standard as Class I Standard A.
Jiangxi Chongren Industrial Park WWTP Project 1st Phase (" Chongren Project 1st Phase" ) has completed upgrades
and commenced commercial operation, with discharge standard upgraded from Class I Standard B to Class I Standard A.
The upgrade project, with a designed capacity of 10,000 tonnes per day, was undertaken by the government.
One Project Signed Tariff Increase Agreement
The Company&rsquo s 60% indirectly owned subsidiary, Ranhill Water (Fengxin) Co., Ltd., signed an agreement with Jiangxi
Zhongjiang Textile Printing and Dyeing Co. Ltd., regarding the tariff increase for the Fengxin Industrial Park WWTP Project
(" Fengxin Project" ). The Fengxin Project observes Class I Standard A discharge standard.
The above-mentioned projects are expected to contribute positively to the Group&rsquo s future performance.
Tariff Increase Agreements and Commenced Operation
This announcement is made by SIIC ENVIRONMENT HOLDINGS LTD. (" SIIC Environment" or the " Company" ,
together with its subsidiaries, the " Group" ), a water treatment and environmental protection company listed on
the Main Board of the SGX-ST and the Main Board of the Hong Kong Stock Exchange, on voluntary basis to
keep shareholders and potential investors of the Company informed of its latest business developments.
The Group is pleased to announce the following developments: expansion agreements have been signed in
relation to the Xiaocao' e Project and the Chongren Project in the People&rsquo s Republic of China, involving total
designed capacity of 70,000 tonnes per day the Yicheng Project and first phase of the Chongren Project of
total designed capacity 40,000 tonnes per day have commenced commercial operation and the Fengxin
Project has signed a tariff increase agreement.
Expansion Agreements Signed for 70,000-tonne WWTP Projects
The Company&rsquo s 92.15% indirectly owned subsidiary, Shanghai Fudan Water Engineering and Technology Co., Ltd.,
signed an agreement with the Yuyao Housing and Urban-Rural Development Bureau, regarding the expansion of
Yuyao City (Xiaocao&rsquo e) City Wastewater Treatment Plant (&ldquo WWTP&rdquo ) Project (" Xiaocao' e Project" ). The expansion
has a designed capacity of 50,000 tonnes per day and a discharge standard as Zhejiang Province Clean Discharge
standard. After the expansion is completed, the total designed capacity of the Xiaocao&rsquo e Project will reach
300,000 tonnes per day.
The Company&rsquo s 60% indirectly owned subsidiary, Ranhill (Chongren) Water Co. Ltd., signed an agreement
with the Jiangxi Chongren High Technology Industrial Park Management Committee, regarding the Jiangxi
Chongren High Technology Industrial Park WWTP Project (Expansion) (" Chongren Expansion Project" ).
The Chongren Expansion Project has a designed capacity of 20,000 tonnes per day and a discharge standard
as Class I Standard A.
40,000-tonne WWTP Projects Commenced Operation
Zaozhuang City Yicheng District WWTP Expansion Project 1st Phase (" Yicheng Project" ) commenced operation.
Yicheng Project has a designed capacity of 30,000 tonnes per day and a discharge standard as Class I Standard A.
Jiangxi Chongren Industrial Park WWTP Project 1st Phase (" Chongren Project 1st Phase" ) has completed upgrades
and commenced commercial operation, with discharge standard upgraded from Class I Standard B to Class I Standard A.
The upgrade project, with a designed capacity of 10,000 tonnes per day, was undertaken by the government.
One Project Signed Tariff Increase Agreement
The Company&rsquo s 60% indirectly owned subsidiary, Ranhill Water (Fengxin) Co., Ltd., signed an agreement with Jiangxi
Zhongjiang Textile Printing and Dyeing Co. Ltd., regarding the tariff increase for the Fengxin Industrial Park WWTP Project
(" Fengxin Project" ). The Fengxin Project observes Class I Standard A discharge standard.
The above-mentioned projects are expected to contribute positively to the Group&rsquo s future performance.
Below are the yearly datas:
9 months profit is already S$114,2 millions, full year result is likely to cross the S$150.0 miliions figure.
From above its quite clear that current year will be it' s best in the past 4 years.
Above are for sharing only. Its not a buy/sell call.
Personally i am vested. Dyodd.
| SIIC x S$1000 | fy' 19 | FY' 20 | FY' 21 | 9M' 22 |
| revenue | 1251499 | 1,312,907 | 1,453,427 | 1,157,559 |
| net profit | 126052 | 133,422 | 141,231 | 114,202 |
9 months profit is already S$114,2 millions, full year result is likely to cross the S$150.0 miliions figure.
From above its quite clear that current year will be it' s best in the past 4 years.
Above are for sharing only. Its not a buy/sell call.
Personally i am vested. Dyodd.
Wow...NAV 74CENT!
This stock might shoot soon because
1) Taiwan china tension might relax soon due to the Taiwan opp party winning the election.
2) China might relax covid measures in spring 2023. Might shoot before that
3) China help the US to talk to North Korea recently. China and US relationship on road to recovery
1) Taiwan china tension might relax soon due to the Taiwan opp party winning the election.
2) China might relax covid measures in spring 2023. Might shoot before that
3) China help the US to talk to North Korea recently. China and US relationship on road to recovery
Reasons why I am vested:
1. Excellent dividend yield of around 8.8%
2. Low p/e w trailing p/e of around 2.8
3. trading far below it' s nav 74.8 cts
4. trading near historical low of 14.7 cts
5. profit trend is positive implying better results going forward
6. revenue trend is positive.
Scroll down if you wish to see the details.
Just sharing. Dyodd.
1. Excellent dividend yield of around 8.8%
2. Low p/e w trailing p/e of around 2.8
3. trading far below it' s nav 74.8 cts
4. trading near historical low of 14.7 cts
5. profit trend is positive implying better results going forward
6. revenue trend is positive.
Scroll down if you wish to see the details.
Just sharing. Dyodd.