Hongcheng Environment Unit's Consortium Bags 360 Million Yuan Water Treatment Plant Project
Jiangxi Hongcheng Environment (600461.SH): Wholly-owned subsidiary awarded the concession rights transfer project for the integrated water environment comprehensive governance plant network phase one project in the main urban area of Lepin City.
On December 17, Gelonghui reported that Jiangxi Hongcheng Environment (600461.SH) announced that its wholly-owned subsidiary, Jiangxi Hongcheng Water Industry Eco-friendly Concept Co., Ltd. (Other consortium members: Jiangxi Hongcheng Environmental Construction Engineering Co., Ltd., Nam Cheong City Planning and Design Research Institute Group Co., Ltd., Jiangxi Province Survey and Design Research Institute Co., Ltd.), has won the bid through the bidding process for the project of granting the operation rights of the integrated water environment comprehensive治理 in the main urban area of Lepin City (Project number: JXTC2024030276C1). The total investment for the project's bidding is 359.5503 million yuan, and the project is a concession.
Express News | Jiangxi Hongcheng Environment: Awarded a project worth 0.36 billion yuan.
Jiangxi hongcheng environment (600461.SH): The fundraising project has been completed and the remaining raised funds will be permanently supplemented into working capital.
On December 9, Glory Holdings announced that jiangxi hongcheng environment (600461.SH) completed the fundraising project, which includes the Phase II expansion project of the Niu Hang Water Plant, the construction and renovation project of the water supply pipeline network for the Jiulong Lake group in nam cheong, the construction and renovation project of the water supply pipeline network for the Yaohu New District in nam cheong, and the Phase II project of the sewerage treatment plant in nam cheong County. The above projects have reached the predetermined usable status and met the completion criteria. As of December 8, 2024, the total surplus fundraising amount for this completion project is approximately 19.4917 million yuan (including interest and financial management income after deducting handling fees). The company plans to permanently supplement the surplus fundraising amount into working capital.
haitong sec: The eco-friendly concept industry receivables in 24Q3 are still a core issue, looking forward to the debt-to-equity policy driving valuation repair.
Based on the current revenue growth rate, the accounts receivable issues in the eco-friendly concept industry are expected to worsen in the first three quarters of 2024, and the accounts receivable related to municipal utilities are substantial, so attention should be paid to the implementation of debt reduction policies that may provide room for valuation recovery in the eco-friendly concept industry.
Jiangxi Hongcheng Environmental Co., Ltd. Report for the Third Quarter of 2024
Express News | In the coming week, 3,599 AB share companies including wuhan sanzhen industry holding, jiangxi hongcheng environment will disclose their performance.
Jiangxi Hongcheng Environment (600461.SH) released its performance for the first three quarters, with a net income of 0.922 billion yuan, a year-on-year increase of 3.82%.
Jiangxi Hongcheng Environment (600461.SH) disclosed its third quarter report for 2024, achieving a revenue of 56...
Express News | Guojun Environment: Debt restructuring measures are expected to improve the collection of receivables from environmental companies. Select benefiting symbols.
Jiangxi Hongcheng Environment (600461): A leading comprehensive environmental operator in Jiangxi with sustained and stable high dividends.
Investment Highlights: The company is backed by the Nam Cheong State-owned Assets Supervision and Administration Commission, which has injected high-quality assets into the group multiple times, and has now grown into a leading integrated environmental operator. As of 24H1, the actual controller, Nam Cheong State-owned Assets Supervision and Administration Commission, holds 47.19% of the shares in Nanchang Municipal Public Utilities. Relying on the group
Express News | The largest increase in margin financing balance this week: Hangzhou Tiedian's margin financing balance: 0.024 billion yuan, with a balance increase of 30.68%; Hongcheng Environment's margin financing balance: 0.031 billion yuan, with a balance increase o
Haitong Securities: The operational quality of the eco-friendly concept industry continues to improve. It is recommended to pay attention to the waste incineration and water affairs sectors.
Due to the macroeconomic recovery falling short of expectations and the downward trend in commodity prices, the eco-friendly industry's revenue and profit in the first half of 2024 are relatively under pressure, with a narrower year-on-year growth rate of cash flow. However, the increasing proportion of net income attributable to shareholders still indicates a continuous improvement in operational quality.
Guosheng Securities: Environmental industry transformation and upgrading, seizing new opportunities in water affairs and solid waste resource utilization.
The industry is undergoing transformation and upgrading, seizing the new opportunities of water affairs and solid waste resource utilization. Currently, the environmental protection sector is undergoing severe differentiation. I am bullish on companies with outstanding technical capabilities and excellent cash flow, as well as high-quality state-owned enterprises with low valuation and high dividends.
gf sec: Top solid waste water affairs companies can still maintain a compound growth rate of 10% and an average dividend yield of 3%.
The profit ability, cash flow level, and debt structure of the multidimensional comparative dividend assets in the solid waste + water affairs sector are not inferior to traditional dividend assets, and the valuation level is even lower.
Hongcheng Environment's Unit Bags Water Treatment Plant Franchise for 360 Million Yuan
jiangxi hongcheng environment (600461.SH): The consortium won the bid for the concession project of the first phase of the integrated network of the main urban area water environment comprehensive management plant in Le Ping City.
On September 6, Guolong announced that Jiangxi Hongcheng Environmental (600461.SH) has received the "Bid Winning Notice" (No.: JXTC2024030276C1) from Jiangxi Province Mechanical and Electrical Equipment Tendering Co., Ltd., confirming the consortium of Jiangxi Hongcheng Water Environmental Protection Co., Ltd./Jiangxi Hongcheng Environmental Construction Engineering Co., Ltd./Nanchang Urban Planning Design Research Institute Group Co., Ltd./Jiangxi Provincial Survey and Design Institute Co., Ltd. as the franchisee of the first phase of the integrated urban water environment comprehensive management plant network in the main urban area of Leping City.
Express News | Jiangxi Hongcheng Environment: Wholly-owned subsidiary Hongcheng Environmental Protection won the bid for a water environmental governance project worth 0.36 billion yuan.
Jiangxi Hongcheng Environment (600461): Non-deductible net income attributable to parent company increased by 10.5% year-on-year, with steady performance growth.
Event Description: Jiangxi Hongcheng Environment released its 2024 interim report. In the first half of 2024, the company achieved a revenue of 3.95 billion yuan, a year-on-year growth of 1.89%. The net income attributable to the parent company was 0.605 billion yuan, a year-on-year growth of 3.38%. The non-recurring net income attributable to the parent company
Jiangxi Hongcheng Environment (600461): Steady performance growth, improving quality and efficiency to build a complete industry chain.
In the first half of 2024, the company achieved double growth in revenue and profit. The company achieved adjusted revenue of 3.95 billion yuan in 2024H1, with a year-on-year increase of 1.9%, and a net income attributable to shareholders of 0.6 billion yuan, with a year-on-year increase of 3.4%. Both revenue and profit have steadily increased.
Jiangxi Hongcheng Environment's H1 Profit Grows 3%; Shares Fall 6%