002034.SHE Wangneng Environment Co Ltd
- Market cap
- CNY 7.51B
- P/E
- 8.4x
- P/B
- 0.81x
- ROE
- 9.5%
- Dividend yield
- 4.65%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002034.SHE undervalued?
Graham number002034.SHE trades 44.9% 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?
Wangneng Environment Co Ltd fundamental analysis
No fundamental analysis for Wangneng Environment Co Ltd yet.
Wangneng Environment Co Ltd stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Wangneng Environment Co Ltd
Wangneng Environment Co.,Ltd provides solid waste solutions in China. It engages in the investment, construction, and operation of waste incineration power generation, food waste recycling, wastewater treatment, sludge treatment, and rubber recycling. The company was formerly known as Zhejiang Mizuda printing&dyeing group co.,Ltd and changed its name to Wangneng Environment Co.,Ltd in January 2018. Wangneng Environment Co.,Ltd was founded in 1993 and is headquartered in Huzh…
Full company profileWangneng Environment 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.
Wangneng Environment 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 | 769M | 769M | 836M | 1.17B | 1.70B | 3.00B | 3.35B | 3.18B | 3.17B | 3.24B | 3.50B |
| Gross Profit | 263M | 362M | 436M | 615M | 846M | 1.12B | 1.21B | 1.11B | 1.22B | 1.36B | 1.56B |
| Operating Income | 154M | 320M | 359M | 492M | 569M | 710M | 753M | 630M | 658M | 1.14B | 1.32B |
| EBITDA | 464M | 576M | 620M | 850M | 1.16B | 1.48B | 1.65B | 1.56B | 1.62B | 1.82B | 1.23B |
| Net Income | 138M | 235M | 306M | 421M | 522M | 670M | 728M | 602M | 561M | 721M | 863M |
| EPS | 0.46 | 0.72 | 0.74 | 1.01 | 1.25 | 1.39 | 1.54 | 1.29 | 1.09 | 1.66 | 1.67 |
| Balance Sheet | |||||||||||
| Total Assets | 1.09B | 4.92B | 6.21B | 9.05B | 12.0B | 12.7B | 14.5B | 14.4B | 14.5B | 14.0B | 14.1B |
| Total Liabilities | 243M | 1.58B | 2.55B | 4.92B | 7.22B | 7.27B | 8.22B | 7.92B | 7.71B | 6.67B | 4.85B |
| Shareholders' Equity | 837M | 3.33B | 3.64B | 4.10B | 4.76B | 5.38B | 6.08B | 6.40B | 6.68B | 7.21B | 9.12B |
| Cash & Short-term Investments | 299M | 1.16B | 836M | 840M | 1.76B | 1.02B | 884M | 418M | 676M | 559M | 905M |
| Total Debt | 902M | 700M | 1.61B | 3.38B | 5.25B | 5.23B | 5.96B | 5.35B | 5.14B | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 29.7M | 438M | 619M | 713M | 962M | 1.30B | 1.51B | 1.26B | 1.60B | 1.76B | - |
| Capital Expenditure | 25.3M | 603M | 1.66B | 2.32B | 1.67B | 1.45B | 1.62B | 1.00B | 801M | 599M | 587M |
| Free Cash Flow | 4.44M | -164M | -1.04B | -1.60B | -708M | -147M | -116M | 256M | 796M | 1.17B | 953M |
| Ratios | |||||||||||
| ROE | 16.5% | 7.1% | 8.4% | 10.3% | 11.0% | 12.4% | 12.0% | 9.4% | 8.4% | 10.0% | 9.5% |
| ROA | 12.7% | 4.8% | 4.9% | 4.7% | 4.3% | 5.3% | 5.0% | 4.2% | 3.9% | 5.1% | 6.1% |
| Net Profit Margin | 18.0% | 30.6% | 36.6% | 36.0% | 30.7% | 22.3% | 21.7% | 19.0% | 17.7% | 22.2% | 24.7% |
| Debt to Equity | 1.08x | 0.21x | 0.44x | 0.82x | 1.10x | 0.97x | 0.98x | 0.84x | 0.77x | - | - |
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.
Wangneng Environment Co Ltd dividends
- Dividend yield
- 4.65%
- Forward dividend
- -
- Payout ratio
- 48.4%
- Ex-dividend date
- Oct 21, 2025
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 349M | 0.80 | 48.4% |
| 2024 | CNY 385M | 0.74 | 68.6% |
| 2023 | CNY 503M | 1.08 | 83.5% |
| 2022 | CNY 129M | 0.27 | 17.7% |
| 2021 | CNY 211M | 0.44 | 31.5% |
| 2020 | CNY 42.1M | 0.10 | 8.1% |
| 2019 | CNY 41.7M | 0.10 | 9.9% |
| 2018 | CNY 119M | 0.29 | 38.8% |
| 2017 | CNY 34.5M | 0.11 | 14.7% |
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: 1.7:1 on Jun 4, 2018.
Who owns Wangneng Environment Co Ltd
- Insiders 48.92%
- Institutions 5.85%
- Public & others 45.23%
- Shares outstanding 517M
- Free float 267M
Wangneng Environment Co Ltd company profile
- Company name
- Wangneng Environment Co Ltd
- Ticker
- 002034.SHE
- ISIN
- CNE000001KW7
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Aug 11, 2004
- Sector
- Industrials
- Industry
- Textiles, Apparel & Luxury Goods
- Employees
- 2,307
- Fiscal year end
- December
- Address
- No. 899, Huanshan Road, Huzhou, China, 313000
- Phone
- 86 57 2220 8888
- Website
- wannaenergy.com
About Wangneng Environment Co Ltd
Wangneng Environment Co.,Ltd provides solid waste solutions in China. It engages in the investment, construction, and operation of waste incineration power generation, food waste recycling, wastewater treatment, sludge treatment, and rubber recycling. The company was formerly known as Zhejiang Mizuda printing&dyeing group co.,Ltd and changed its name to Wangneng Environment Co.,Ltd in January 2018. Wangneng Environment Co.,Ltd was founded in 1993 and is headquartered in Huzhou, China.
Wangneng Environment Co Ltd management
4- Mr. Xiaoming JiangDeputy GM, CFO, Accounting Supervisor & Director · born 1982
- Mr. Fei ZhouDeputy General Manager · born 1982
- Ms. Chunna Lin CPABoard Secretary · born 1984
- Mr. Ping SongGM & Non Independent Director · born 1966