Beijing Enterprises Urban Resources Unit’s Consortium Secures 624.1 Million Yuan Urban Public Service Marketization Service Project
June 3, 2023
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Beijing Enterprises ($SEHK:00392) is a leading Chinese enterprise group with a long history of providing innovative and quality services. Recently, the company’s subsidiary, Beijing Enterprises Urban Environmental Services Group, secured the 624.1 million yuan urban public service marketization service project. This includes the provision of comprehensive services related to sewage processing, garbage sorting and disposal, as well as other public works by means of outsourcing, subcontracting, and other forms of marketization.
The consortium is made up of several companies affiliated with Beijing Enterprises, such as Beijing Urban Construction Group and Beijing Environmental Protection Company. The successful marketization of urban public services will further enhance the quality of life for residents of Beijing and surrounding areas.
Market Price
This was reflected in the stock market as BEIJING ENTERPRISES stock opened at HK$31.6 and closed at HK$30.9, down by 0.5% from previous closing price of 31.0. The project aims to promote the marketization of urban public services, including environmental protection services, transportation services, and parking services. The consortium, led by Beijing Enterprises Urban Resources Unit, also includes several other major players in the industry.
This project will help promote the efficiency of public service market in Beijing and improve the overall urban environment. This is a positive development for the company and its partners and is expected to have a positive impact on the company’s future performance. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Beijing Enterprises. More…
| Total Revenues | Net Income | Net Margin |
| 92.3k | 7.57k | 7.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Beijing Enterprises. More…
| Operations | Investing | Financing |
| 6.17k | -9.73k | 331.86 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Beijing Enterprises. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 221.07k | 118.03k | 71.35 |
Key Ratios Snapshot
Some of the financial key ratios for Beijing Enterprises are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 10.8% | 1.0% | 12.4% |
| FCF Margin | ROE | ROA |
| -7.9% | 7.7% | 3.2% |
Analysis
At GoodWhale, we have done an in-depth fundamental analysis of BEIJING ENTERPRISES. Our Risk Rating evaluates the business and financial aspects of the company and has determined that it is a medium risk investment. We have detected two risk warnings in the income sheet and balance sheet of BEIJING ENTERPRISES. To access the full analysis, make sure to register on goodwhale.com. We provide a comprehensive view of the company’s performance and its possible risks. More…
Peers
Beijing Enterprises Holdings Ltd is in a competitive market with ENN Natural Gas Co Ltd, NK Co Ltd and Puncak Niaga Holdings Bhd. All of these companies are vying for market share and seeking to differentiate themselves from their competitors. Beijing Enterprises Holdings Ltd has been making strides to differentiate itself in the market and gain an edge over its competitors.
– ENN Natural Gas Co Ltd ($SHSE:600803)
ENN Natural Gas Co Ltd is a Chinese energy company focused on natural gas production and distribution. The company has a market cap of 56.77B as of 2023, indicating that it is a major player in the natural gas industry. With a Return on Equity (ROE) of 57.03%, ENN Natural Gas Co Ltd is able to generate a substantial return on its shareholders’ capital, which indicates the company’s strong growth potential and stability of operations. The company has a wide presence in the natural gas industry in China and provides natural gas to industrial and residential consumers.
– NK Co Ltd ($KOSE:085310)
NKK Co Ltd is a multinational conglomerate with a wide range of businesses, including steel production, engineering, energy, and electronics. As of 2023, the company has a market cap of 74.07B, reflecting its strong presence in the global market. The company also boasts a Return on Equity (ROE) of 9.87%, which indicates that the company is generating high returns on investments relative to the equity it has available. The company’s strong financial performance demonstrates its ability to effectively manage its resources and create value for its shareholders.
– Puncak Niaga Holdings Bhd ($KLSE:6807)
Puncak Niaga Holdings Bhd is a Malaysian-based investment holding company. It has interests in water and wastewater treatment, engineering services, oil and gas, construction, as well as other related businesses. As of 2023, the company has a market capitalization of 114.05M. This is the total market value of the company’s outstanding shares. In addition, Puncak Niaga Holdings Bhd has a Return on Equity (ROE) of -0.08%. This is a measure of how effective the company is in generating profits from its equity base.
Summary
Beijing Enterprises Urban Resources Group has recently won a 624.1 million yuan public service project, indicating a positive investment sentiment in the company. The project will help to develop the urban public services marketization, which will further strengthen the company’s fundamentals. This news can be seen as an opportunity for investors to tap into the potential returns from the company, who may benefit from increased profits, price appreciation and other potential benefits. As such, it is worth considering investing in BEIJING ENTERPRISES as a long-term strategy.
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