000685.SHE Zhongshan Public Utilities Group Co Ltd
- Market cap
- CNY 15.4B
- P/E
- 5.7x
- P/B
- 0.76x
- ROE
- 13.5%
- Dividend yield
- 6.05%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 000685.SHE undervalued?
Graham number000685.SHE trades 56.1% below its Graham number.
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Zhongshan Public Utilities Group Co Ltd fundamental analysis
No fundamental analysis for Zhongshan Public Utilities Group Co Ltd yet.
Zhongshan Public Utilities Group Co Ltd stock price
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About Zhongshan Public Utilities Group Co Ltd
Zhongshan Public Utilities Group Co.,Ltd., together with its subsidiaries, engages in the environmental water, solid waste, new energy, engineering construction, and auxiliary businesses in China and internationally. The company is involved in the urban water supply comprising water quality monitoring, engineering design, construction installation, information technology, and water treatment technology research and development and other related businesses, sewage treatment a…
Full company profileZhongshan Public Utilities Group Co Ltd financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Zhongshan Public Utilities Group Co Ltd annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 1.46B | 1.76B | 2.04B | 2.22B | 2.18B | 2.37B | 3.62B | 5.20B | 5.68B | 4.61B | 4.60B |
| Gross Profit | 474M | 532M | 611M | 652M | 697M | 758M | 736M | 1.04B | 1.07B | 1.05B | 1.35B |
| Operating Income | 1.05B | 1.19B | 816M | 1.14B | 1.42B | 1.55B | 1.11B | 1.06B | 1.27B | 396M | 761M |
| EBITDA | 453M | 507M | 604M | 580M | 729M | 786M | 690M | 911M | 953M | 2.91B | 3.19B |
| Net Income | 963M | 1.08B | 686M | 1.05B | 1.37B | 1.47B | 1.07B | 967M | 1.20B | 1.88B | 2.70B |
| EPS | 0.65 | 0.73 | 0.47 | 0.71 | 0.93 | 0.99 | 0.73 | 0.66 | 0.82 | 1.27 | 1.84 |
| Balance Sheet | |||||||||||
| Total Assets | 15.1B | 16.0B | 17.2B | 19.1B | 21.0B | 22.5B | 25.5B | 29.0B | 32.4B | 36.6B | 39.7B |
| Total Liabilities | 3.55B | 3.63B | 4.55B | 5.67B | 6.59B | 7.04B | 9.54B | 12.4B | 14.6B | 17.3B | 19.0B |
| Shareholders' Equity | 11.3B | 12.1B | 12.3B | 13.1B | 14.1B | 15.1B | 15.7B | 16.4B | 17.5B | 18.7B | 20.0B |
| Cash & Short-term Investments | 1.42B | 1.44B | 1.68B | 1.48B | 1.67B | 2.50B | 2.07B | 2.18B | 1.71B | 1.72B | 1.64B |
| Total Debt | 1.65B | 2.30B | 1.87B | 3.50B | 4.13B | 3.18B | 3.60B | 6.36B | 8.36B | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 432M | 586M | 575M | 832M | 586M | 519M | 302M | 606M | -249M | 298M | - |
| Capital Expenditure | 269M | 321M | 667M | 852M | 556M | 169M | 888M | 1.46B | 811M | 1.09B | 958M |
| Free Cash Flow | 163M | 243M | -92.2M | -19.4M | 30.2M | 350M | -586M | -855M | -1.06B | -794M | -364M |
| Ratios | |||||||||||
| ROE | 8.5% | 8.9% | 5.6% | 8.0% | 9.8% | 9.7% | 6.8% | 5.9% | 6.8% | 10.1% | 13.5% |
| ROA | 6.4% | 6.8% | 4.0% | 5.5% | 6.5% | 6.5% | 4.2% | 3.3% | 3.7% | 5.1% | 6.8% |
| Net Profit Margin | 65.8% | 61.5% | 33.7% | 47.1% | 63.0% | 61.8% | 29.6% | 18.6% | 21.1% | 40.7% | 58.7% |
| Debt to Equity | 0.15x | 0.19x | 0.15x | 0.27x | 0.29x | 0.21x | 0.23x | 0.39x | 0.48x | - | - |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Total Debt
- Short and long-term borrowings.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
- Debt to Equity
- Total debt divided by shareholders' equity.
Zhongshan Public Utilities Group Co Ltd dividends
- Dividend yield
- 6.05%
- Forward dividend
- 0.39 CNY
- Payout ratio
- 49.5%
- Ex-dividend date
- Jul 15, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 930M | 0.63 | 49.5% |
| 2024 | CNY 546M | 0.37 | 45.6% |
| 2023 | CNY 559M | 0.38 | 57.8% |
| 2022 | CNY 616M | 0.42 | 57.4% |
| 2021 | CNY 585M | 0.40 | 39.9% |
| 2020 | CNY 543M | 0.37 | 39.5% |
| 2019 | CNY 205M | 0.14 | 19.6% |
| 2018 | CNY 441M | 0.30 | 64.2% |
| 2017 | CNY 439M | 0.30 | 40.5% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 18:10 on Jul 7, 2015.
Who owns Zhongshan Public Utilities Group Co Ltd
- Insiders 52.44%
- Institutions 12.62%
- Public & others 34.94%
- Shares outstanding 1.47B
- Free float 811M
Zhongshan Public Utilities Group Co Ltd company profile
- Company name
- Zhongshan Public Utilities Group Co Ltd
- Ticker
- 000685.SHE
- ISIN
- CNE0000006B7
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Jan 14, 1997
- Sector
- Utilities
- Industry
- Water Utilities
- Employees
- 6,825
- Fiscal year end
- December
- Address
- Caixing Building, Zhongshan, China, 528403
- Phone
- 86 760 8838 0011
- Website
- zpug.net
About Zhongshan Public Utilities Group Co Ltd
Zhongshan Public Utilities Group Co.,Ltd., together with its subsidiaries, engages in the environmental water, solid waste, new energy, engineering construction, and auxiliary businesses in China and internationally. The company is involved in the urban water supply comprising water quality monitoring, engineering design, construction installation, information technology, and water treatment technology research and development and other related businesses, sewage treatment and reuse, drainage facility operation, flood control management, municipal and power industry, and new energy power generation and grid franchise projects; and financial investment, market operation, port passenger transportation, and other, as well as photovoltaic power generation, and electrochemical energy storage businesses. It also engages in market leasing management; sale of materials; agency sale of tickets; municipal engineering, building construction engineering, power engineering, water conservancy and hydropower engineering, water supply and drainage network construction, water treatment, and gas engineering, and; and garbage disposal and sanitation services. The company was formerly known as Zhongshan Public Utilities Science and Technology Company Limited and changed its name to Zhongshan Public Utilities Group Co.,Ltd. in August 2008. Zhongshan Public Utilities Group Co.,Ltd. was founded in 1992 and is headquartered in Zhongshan, China.
Zhongshan Public Utilities Group Co Ltd management
5- Mr. Jingyi GuoChairman & Acting GM · born 1975
- Ms. Fei Mei ZhouBoard Secretary & CFO · born 1985
- Ms. Jialei WangDeputy GM & Non-Independent Director · born 1985
- Mr. Jian Liu MingDeputy General Manager · born 1993
- Cheng DongAccounting Supervisor