Weigang Environmental Technology Holding Group Limited (HKG:1845)

Hong Kong · Delayed Price · Currency is HKD

0.2650

-0.0250 (-8.62%)

Oct 6, 2026, 9:46 AM HKT

HKG:1845 Financials Overview

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	206.89	204.79	241.62	253.45	348.93	561.7
Revenue Growth	1.03%	-15.24%	-4.67%	-27.36%	-37.88%	4.64%
Gross Profit	45.09	43.43	58.03	60.73	53.91	76.91
Operating Income	-39.95	-37.11	-26.48	0.02	-43.27	-9.6
Net Income	-68.08	-63.15	-48.57	1.75	-72.35	-12.41
Earnings Per Share	-0.05	-0.05	-0.04	0.00	-0.05	-0.01
EPS Growth	-	-	-	-	-	-

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Oilfield Auxiliary Services	147.72	144.12	156.41	125.77	64.52	49.62
Solid Waste Treatment	59.17	60.67	85.21	127.68	284.41	512.08
Total	206.89	204.79	241.62	253.45	348.93	561.7

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	164.51	95.8	49.77	73.62	69.04	79.21
Total Debt	65.67	80.66	65.87	43.38	53.23	54.92
Net Cash (Debt)	98.83	15.14	-16.1	30.24	15.81	24.29
Net Cash Growth	552.80%	-	-	91.25%	-34.90%	-12.27%
Net Cash Per Share	0.07	0.01	-0.01	0.02	0.01	0.02

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	56.27	72.27	7.21	34.18	35.63	22.57
Capital Expenditures	-22.78	-46.48	-57.46	-33.55	-16.61	-47.27
Free Cash Flow	33.49	25.8	-50.25	0.63	19.02	-24.71
Free Cash Flow Growth	29.82%	-	-	-96.70%	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	21.79%	21.20%	24.02%	23.96%	15.45%	13.69%
Operating Margin	-19.31%	-18.12%	-10.96%	0.01%	-12.40%	-1.71%
Pretax Margin	-36.07%	-33.93%	-23.49%	0.27%	-21.54%	-1.87%
Profit Margin	-32.91%	-30.83%	-20.10%	0.69%	-20.73%	-2.21%
FCF Margin	16.19%	12.60%	-20.80%	0.25%	5.45%	-4.40%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 6, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	-	-	-	165.10	-	-
P/FCF Ratio	10.00	6.22	-	461.34	16.13	-
PS Ratio	1.62	0.78	1.04	1.14	0.88	0.68