Beijing Enterprises Water H1 revenue falls 6% on portfolio shift

Beijing Enterprises Water

26/08/2026 05:11

Overview
China water utility's half-year revenue declined year-over-year
Net income attributable to shareholders fell 23% from prior year period
Company proposed interim dividend of HK5.54 cents per share, down from previous year

Outlook
Company did not provide specific financial outlook

Result Drivers
COST CONTROL - Co said it continued to reduce administrative expenses and financing costs
DIGITAL TRANSFORMATION - Co advanced use of process-control AI to improve wastewater treatment operations
PORTFOLIO SHIFT – Revenue fell 6% to RMB9.87 bln as an asset-light focus reduced BOT construction and prior-year disposals cut technical-services sales

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
RMB 9.87 bln
 
H1 Net Income Attributable
 
RMB 688 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the water & related utilities peer group is "buy"
Wall Street's median 12-month price target for Beijing Enterprises Water Group Ltd is HK$3.05, about 48.8% above its August 25 closing price of HK$2.05
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 15 three months ago

Reuters Recommended Reads
Aug 25 - China's Tianjin Capital Environmental Protection H1 revenue rises
Aug 24 - UK's Burnham drops Thames Water administration plan, The Times reports
Aug 25 - China's Suntien Green Energy H1 revenue, profit down on weak gas demand

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)