登录新浪财经APP 搜索【信披】查看更多考评等级 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 重要内容提示: ● 截至公告披露日，公司控股股东济南高新城市建设发展有限公司（简称"高新城建"）及其一致行动人 持有公司255,878,689股，占公司总股本28.92%，累计冻结和司法标记数量为159,079,912股，占控股股 东合计持股数量的62.17%，占公司总股本的17.99%；累计被轮候冻结数量为142,307,521股，占控股股 东合计持股数量的55.62%，占公司总股本的16.09%。 截至公告披露日，公司控股股东所持公司股份累计被冻结/司法标记情况如下： ■ 注：1.上述"累计被冻结数量"未包含轮候冻结数量，高新城建持有的公司股份因与枣庄银行股份有限公 司债权转让合同纠纷等案件被轮候冻结和司法标记。具体内容详见公司于2025年1月16日披露的《关于 控股股东所持部分股份被司法标记和轮候冻结的公告》。 2.因物业服务合同纠纷案件，济南通港经贸有限公司持有的公司股份被冻结，该案件已和解并履行完 毕，目前正办理被冻结股 ...

Financial Performance - The company's net profit attributable to shareholders reached RMB 605.1 million for the year ended December 31, 2024, representing a year-on-year increase of 0.2%[11] - Total revenue increased by 0.3% year-on-year to RMB 7.596 billion, while gross profit decreased by 3.2% to RMB 2.618 billion[11] - The company's basic and diluted earnings per share were both RMB 23.49, reflecting a slight increase of 0.2% compared to the previous year[15] - The pre-tax profit for the year was RMB 1.213 billion, a decrease of 12.9% from the previous year[15] - The company reported a significant increase in profit for the fourth quarter, with a year-on-year growth of 80.9% to RMB 172.1 million[15] - The company reported a net profit after tax of RMB 951,642,000 for the year ended December 31, 2024[65] - The company reported a net profit after tax of RMB 1,019,656,000 for the year ended December 31, 2023[66] Revenue and Segments - Total revenue for the year ended December 31, 2024, reached RMB 7,595,654,000, with significant contributions from water and sludge treatment (RMB 5,856,893,000) and water supply (RMB 1,066,939,000) segments[65] - The operating profit for the reported segments totaled RMB 1,904,194,000, with water and sludge treatment generating RMB 1,650,220,000 in operating profit[65] - The water and sludge treatment segment's revenue increased by 16.44% to RMB 5.8569 billion in 2024, while the solid waste power generation segment's revenue decreased by 31.18% to RMB 671.8 million[127] Expenses and Profitability - Administrative expenses rose by 14.0% year-on-year to RMB 657 million, impacting overall profitability[15] - Financial expenses amounted to RMB 779,461,000, impacting overall profitability[65] - The company incurred financial expenses of RMB 779,461 thousand for the twelve months ended December 31, 2024, down from RMB 834,254 thousand in 2023, indicating a decrease of 6.6%[22] - The gross profit for Q4 2024 was RMB 629 million, an increase of 28.4% compared to RMB 490 million in Q4 2023. However, the annual gross profit decreased by 3.2% to RMB 2.618 billion from RMB 2.704 billion in 2023[113] Assets and Liabilities - Cash and cash equivalents stood at RMB 2.92 billion as of December 31, 2024, indicating a healthy liquidity position[11] - Group current assets increased to RMB 10,778,160 thousand in 2024 from RMB 9,270,986 thousand in 2023, representing an increase of approximately 16.2%[17] - Group total assets rose to RMB 44,956,498 thousand in 2024, up from RMB 42,607,940 thousand in 2023, reflecting a growth of about 5.5%[19] - Group current liabilities decreased to RMB 9,264,203 thousand in 2024 from RMB 10,258,345 thousand in 2023, a reduction of approximately 9.7%[19] - Group non-current liabilities increased to RMB 19,609,785 thousand in 2024, compared to RMB 17,059,139 thousand in 2023, marking an increase of about 14.9%[19] Cash Flow - The net cash generated from operating activities for the twelve months ended December 31, 2024, was RMB 565,089 thousand, compared to RMB 1,901,197 thousand in 2023, indicating a decrease of 70.3%[24] - The net cash used in investing activities for the twelve months ended December 31, 2024, was RMB 1,707,236 thousand, compared to RMB 1,433,995 thousand in 2023, showing an increase of 19.0%[24] - The cash inflow from financing activities for the three months ended December 31, 2024, was RMB 453,049 thousand, a significant increase from an outflow of RMB 122,170 thousand in the same period of 2023[24] Equity and Dividends - The company declared dividends amounting to RMB 82,431 thousand to equity shareholders during the period ending June 30, 2024[30] - The total annual dividend for 2024 is CNY 82.431 million, a decrease from CNY 202.703 million in 2023[149] - As of December 31, 2024, total equity is projected to be RMB 16,082,510 thousand, with a profit of 172,091 thousand for the period[34] Governance and Compliance - The company maintained compliance with corporate governance codes throughout the reporting period[13] - The company has not reported any significant changes in management positions related to directors or major shareholders' relatives[150] - The company confirmed that there are no issues that would lead to material misstatements in the financial statements as of December 31, 2024[143] Market and Economic Outlook - The Chinese economy is expected to grow by 5% in 2024, with favorable policies for the environmental protection industry continuing to emerge, providing significant development opportunities[130] - The National People's Congress approved a resolution to increase local government debt limits by CNY 6 trillion to replace hidden debts, with CNY 800 billion allocated annually for five years starting in 2024[131] - The People's Bank of China and the Ministry of Ecology and Environment emphasized the importance of green finance, aiming to support pollution prevention and upgrade wastewater treatment facilities[133]

Financial Performance - The net profit attributable to shareholders for the first nine months of 2024 reached RMB 499.6 million, representing a year-on-year decline of 14.4%[5]. - Total revenue decreased by 17.0% year-on-year to RMB 5.272 billion[5]. - Gross profit fell by 10.2% year-on-year to RMB 1.989 billion[5]. - The company reported a basic earnings per share of RMB 6.92, down 13.5% compared to the previous year[9]. - The total comprehensive income for the period was RMB 271.3 million, a decrease of 11.0% year-on-year[9]. - Administrative expenses increased by 25.5% year-on-year to RMB 407.7 million[9]. - The company reported a pre-tax profit of RMB 995,178 thousand for the nine months ended September 30, 2024, compared to RMB 1,255,879 thousand for the same period in 2023, reflecting a decrease of approximately 20.7%[13]. - The company reported a profit of RMB 206,033 thousand for the period ending September 30, 2023[23]. - The profit attributable to owners for Q3 2024 was RMB 178.2 million, a decline of 13.5% from RMB 206 million in Q3 2023[67]. Cash Flow and Liquidity - Cash and cash equivalents as of September 30, 2024, amounted to RMB 2.77 billion, indicating a healthy liquidity position[5]. - The group's cash and cash equivalents stood at RMB 2,771,712 thousand as of September 30, 2024, compared to RMB 2,885,781 thousand as of December 31, 2023, showing a decrease of about 3.9%[10]. - The cash flow from operating activities for the nine months ended September 30, 2024, was RMB 37,670 thousand, a significant decline from RMB 718,035 thousand for the same period in 2023, representing a decrease of approximately 94.7%[14]. - The net cash used in investing activities for the nine months ended September 30, 2024, was RMB (808,885) thousand, compared to RMB (1,695,441) thousand for the same period in 2023, indicating a reduction in cash outflow by approximately 52.3%[14]. - The net cash generated from financing activities for the nine months ended September 30, 2024, was RMB 721,427 thousand, a significant increase from RMB 32,712 thousand for the same period in 2023, reflecting a growth of approximately 2,107.5%[14]. Assets and Liabilities - As of September 30, 2024, the total current assets of the group amounted to RMB 10,587,022 thousand, an increase from RMB 9,270,986 thousand as of December 31, 2023, representing a growth of approximately 14.2%[10]. - The total non-current assets of the group were RMB 33,156,213 thousand as of September 30, 2024, slightly decreasing from RMB 33,336,954 thousand as of December 31, 2023, indicating a decline of about 0.5%[11]. - The total liabilities of the group reached RMB 27,782,044 thousand as of September 30, 2024, compared to RMB 27,317,484 thousand at the end of the previous fiscal year, reflecting an increase of approximately 1.7%[12]. - The group's current liabilities totaled RMB 8,432,086 thousand as of September 30, 2024, down from RMB 10,258,345 thousand at the end of the previous fiscal year, a decrease of approximately 17.8%[11]. - The group's total assets amounted to RMB 43,743,235 thousand as of September 30, 2024, an increase from RMB 42,607,940 thousand at the end of the previous fiscal year, representing a growth of approximately 2.7%[11]. Equity and Retained Earnings - The total equity attributable to the owners of the company was RMB 10,526,328 thousand as of September 30, 2024, up from RMB 10,131,507 thousand as of December 31, 2023, marking an increase of around 3.9%[11]. - The group's retained earnings increased to RMB 4,371,275 thousand as of September 30, 2024, from RMB 3,955,497 thousand as of December 31, 2023, marking an increase of around 10.5%[11]. - As of September 30, 2024, the total equity of the company was RMB 6,613,451 thousand, reflecting a decrease from RMB 6,651,037 thousand as of June 30, 2024[24]. - The group declared dividends amounting to RMB 82,431 thousand to equity shareholders[18]. - The company declared dividends amounting to RMB 82,431 thousand during the reporting period[24]. Operational Performance - The operating profit for reportable segments totaled RMB 1,294,113 thousand for the nine months ended September 30, 2024, compared to RMB 1,809,030 thousand for the same period in 2023, indicating a decrease of about 28%[34]. - The net profit after tax for the water and sludge treatment segment was RMB 779,551 thousand for the nine months ended September 30, 2024, compared to RMB 924,519 thousand for the same period in 2023, a decline of about 16%[34]. - The company reported a total of RMB 3,932,075 thousand in revenue from the water and sludge treatment segment for the nine months ended September 30, 2024, compared to RMB 3,553,155 thousand for the same period in 2023, representing an increase of approximately 11%[34]. - The construction revenue for Q3 2024 was RMB 453.8 million, a significant drop of 47.3% from RMB 861.9 million in Q3 2023[68]. - The operating and maintenance revenue from franchise arrangements for Q3 2024 totaled RMB 1.3248 billion, a slight increase of 0.3% from RMB 1.3207 billion in Q3 2023[69]. Governance and Compliance - The company has complied with all provisions of the Corporate Governance Code during the reporting period[7]. - The company has not made any adjustments to its accounting policies during the reporting period[28]. - The company has maintained the same accounting policies and methods for the current financial year as those used in the audited financial statements for the year ended December 31, 2023[63]. - There have been no changes in accounting policies or methods during the reporting period[64]. - The company has received confirmation from all directors and executives regarding the absence of any material misstatements in the financial statements as of September 30, 2024[90]. Market and Economic Environment - The macroeconomic environment in China continues to show robust growth, providing significant development opportunities for the environmental protection industry[86]. - The company is positioned to capitalize on national policies promoting green and low-carbon development, which will support steady growth in its core business[86]. - The company has commenced operations at the Baoshan Renewable Energy Utilization Center, capable of processing 3,800 tons of waste daily, contributing to waste treatment and resource utilization in Shanghai[88].

Company Overview - SIIC Environment Holdings Ltd. operates approximately 245 wastewater treatment and water supply projects, 5 solid waste incineration projects, and 14 sludge treatment projects across 20 municipalities and provinces in China[5]. - The company aims to expand its market share and scale in water and solid waste treatment, while exploring opportunities in industrial wastewater treatment, seawater desalination, and renewable energy[5]. - SIIC Environment is backed by strong mergers and acquisitions capabilities, positioning itself as a leading operator in the environmental industry in China[4]. - The company has shown tremendous growth, continuously increasing its market share in China's environmental market[5]. - SIIC Environment is committed to protecting the planet and conserving natural resources as part of its corporate mission[4]. - The company was successfully listed on the Mainboard of SEHK in 2018, enhancing its visibility and investment potential[5]. - SIIC Environment's strategic investor, China Energy Conservation and Environmental Protection Group, is a state-owned enterprise focused on energy conservation and environmental protection[5]. - The company has a strong operational history of over 15 years in the environmental protection industry in China[5]. - The company is actively pursuing new technologies and strategies to enhance its service offerings in the environmental sector[5]. Project Capacities and Operations - The company reported a daily capacity of 100,000 tonnes for the Dongguan City Dalang Songshanhu Southern WWTP Project, which is currently in operation and undergoing upgrades[15]. - The wastewater treatment capacity for the Huizhou City Meihu Water Purification Center Project is 200,000 tonnes, with 100% completion for both the 1st and 2nd phases[16]. - The company has a 75.5% interest in the Dongguan City Shijie Shayao WWTP Project, which has a daily capacity of 60,000 tonnes and is under government construction[15]. - The wastewater treatment projects in Fujian province include a 12,500 tonnes capacity for the Arxi County Longmen Town WWTP Project, with 100% construction completed for the 1st phase[15]. - The company is expanding its market presence with multiple projects in Guangdong, including the Pinghu WWTP Project with a capacity of 25,000 tonnes, which is currently in operation[16]. - The company has a strategic focus on upgrading existing facilities to meet Class I Standard B requirements, as seen in the Dongguan City Dalang project[15]. - The wastewater treatment projects are aligned with local discharge limits, ensuring compliance with environmental standards[16]. - The company is actively involved in the construction of new projects, with several in the pipeline across various provinces, indicating a robust growth strategy[15]. Financial Performance - The Group's revenue for 2QFY2024 was RMB1,695.4 million, a decrease of 19.3% compared to RMB2,100.1 million in 2QFY2023[49]. - Profit for the period was RMB303.2 million in 2QFY2024, down 13.8% from RMB351.6 million in 2QFY2023[49]. - Profit attributable to owners of the Company was RMB195.2 million in 2QFY2024, representing a decrease of 14.2% from RMB227.3 million in 2QFY2023[50]. - Construction revenue was RMB272.2 million in 2QFY2024, a significant decrease of 59.5% compared to RMB672.7 million in 2QFY2023[52]. - Operating and maintenance income from service concession arrangements totaled RMB1,303.5 million in 2QFY2024, an increase of 0.5% from RMB1,296.9 million in 2QFY2023[55]. - Other revenue decreased to RMB69.1 million in 2QFY2024, down 16.0% from RMB82.3 million in 2QFY2023[59]. - For the six months ended June 30, 2024, total revenue was RMB3,323.5 million, a decrease of 17.3% compared to RMB4,018.8 million for the same period in 2023[49]. - The Group's gross profit (GP) was RMB666.2 million in 2QFY2024, a decrease of RMB95.6 million or 12.5% compared to RMB761.8 million in 2QFY2023[61]. - Gross profit margin (GPM) improved to 39.3% in 2QFY2024, an increase of 3.0% from 36.3% in 2QFY2023[61]. Assets and Liabilities - Current assets as of June 30, 2024, amounted to RMB10.17 billion, representing an increase of 9.6% compared to RMB9.27 billion as of December 31, 2023[76]. - Non-current assets as of June 30, 2024, amounted to RMB33.15 billion, showing a slight decrease of 0.6% compared to RMB33.34 billion as of December 31, 2023[76]. - Current liabilities as of June 30, 2024, amounted to RMB8.96 billion, representing a decrease of 12.7% compared to RMB10.26 billion as of December 31, 2023[76]. - Non-current liabilities as of June 30, 2024, amounted to RMB18.66 billion, representing an increase of 9.4% compared to RMB17.06 billion as of December 31, 2023[76]. - Total borrowings amounted to approximately RMB21.23 billion as of June 30, 2024, an increase from RMB20.26 billion as of December 31, 2023[78]. - Total equity attributable to owners of the Company increased to RMB10,352,738 as of June 30, 2024, compared to RMB10,131,507 as of December 31, 2023[84]. Corporate Governance and Compliance - The company has appointed Deloitte & Touche LLP as its auditor starting from the financial year ending December 31, 2024, enhancing its governance structure[10]. - The company’s board currently comprises four executive directors and three independent non-executive directors, with the chairman not considered independent[116]. - The company has complied with the Singapore Code of Corporate Governance 2018 and the HK Corporate Governance Code, except for certain provisions regarding board composition[116]. - The Company is actively seeking suitable candidates to join the Board as Independent Non-Executive Directors to enhance independence and diversity[118]. - The Company has established a Lead Independent Director to address shareholder concerns regarding independence[118]. - The remuneration committee comprises four members, three of whom are independent, ensuring a formal and transparent procedure for developing remuneration policies[120]. Strategic Initiatives and Future Outlook - The Group aims to establish 100 exemplary low-carbon sewage treatment plants by the end of 2025, enhancing energy resource recycling[128]. - The digital transformation of water affairs is targeted to achieve significant results by 2027 and a comprehensive breakthrough by 2030[130]. - The Group plans to focus on water treatment and resource recycling, expand market presence, and pursue mergers and acquisitions[133]. - The Group will leverage its dual-listing advantages in Singapore and Hong Kong to develop business in Southeast Asia's "Belt and Road" countries[133]. - The Group is committed to reducing carbon dioxide emissions from sewage treatment projects to support national carbon neutrality goals[128]. - The Group will continue to optimize its business layout and expand market share in China's water and environmental protection industries[126]. - The Group is actively promoting technological innovation and digital empowerment to drive sustainable development[133].

新加坡證券交易所有限公司（「新交所」）、香港交易及結算所有限公司及香港聯合交易所 有限公司（「聯交所」）對本公告的內容概不負責，對其準確性或完整性亦不發表任何聲明， 並明確表示，概不對本公告全部或任何部分內容而産生或因依賴該等內容而引致的任何損失 承擔任何責任。 SIIC ENVIRONMENT HOLDINGS LTD. 上海實業環境控股有限公司* （在新加坡共和國註冊成立的有限公司） （香港股份代號：807） （新加坡股份代號：BHK） 截止2024年6月30日第二季度和前6個月 未經審計簡明中期財務報表和紅利公告 本海外監管公告乃根據證券及期貨條例第XIVA部及香港聯合交易所有限公司證券上市 規則第13.10B條之規定作出。 本季度報告乃依照新加坡證券交易所有限公司的有關規定及香港聯合交易所有限公司 證券上市規則編製。本業績公告所載之財務資料乃根據新加坡財務報告準則（國際） 及國際財務報告準則編製且未經核數師審計及審閱。上海實業環境控股有限公司股東 及公眾投資者在買賣本公司股份時應審慎操作。 承董事會命 上海實業環境控股有限公司 執行董事 汲廣林先生 新加坡和香港，2024年8月8日 於本公告日期，主席 ...

新加坡證券交易所有限公司（「新交所」）、香港交易及結算所有限公司及香港聯合交易所 有限公司（「聯交所」）對本公告的內容概不負責，對其準確性或完整性亦不發表任何聲明， 並明確表示，概不對本公告全部或任何部分內容而産生或因依賴該等內容而引致的任何損失 承擔任何責任。 SIIC ENVIRONMENT HOLDINGS LTD. 上海實業環境控股有限公司* （在新加坡共和國註冊成立的有限公司） （香港股份代號：807） （新加坡股份代號：BHK） 截止2024年3月31日第一季度和前3個月 未經審計簡明中期財務報表和紅利公告 本海外監管公告乃根據證券及期貨條例第XIVA部及香港聯合交易所有限公司證券上市 規則第13.10B條之規定作出。 本季度報告乃依照新加坡證券交易所有限公司的有關規定及香港聯合交易所有限公司 證券上市規則編製。本業績公告所載之財務資料乃根據新加坡財務報告準則（國際） 及國際財務報告準則編製且未經核數師審計及審閱。上海實業環境控股有限公司股東 及公眾投資者在買賣本公司股份時應審慎操作。 承董事會命 上海實業環境控股有限公司 執行董事 朱大治先生 新加坡和香港，2024年5月13日 於本公告日期，主 ...

Financial Performance - In FY2023, SIIC Environment's revenue reached RMB 7.573 billion, with a net profit attributable to shareholders of RMB 604 million[14]. - The Group achieved a revenue of RMB 7.6 billion, a profit attributable to owners of the Company of RMB 604 million, and an EBITDA of RMB 2.7 billion for FY2023, reflecting a CAGR of 6.2%, 0.2%, and 7.0% respectively since FY2019[31]. - The Group reported a revenue decrease of 8.8% from RMB 8.3 billion in 2022 to RMB 7.6 billion in 2023[40]. - Gross profit increased by 2.7% to RMB 2.7 billion in FY2023 compared to RMB 2.6 billion in FY2022[40]. - Profit for the year attributable to owners of the Company decreased by 22.6% from RMB 780 million in 2022 to RMB 604 million in 2023[40]. - Total assets increased to RMB 42.6 billion and net assets reached RMB 15.3 billion in FY2023, showing significant growth over the years[31]. - The Group's revenue composition from operating and service income and financial income from service concession arrangements grew at a CAGR of 11.9% from RMB 2.9 billion in 2019 to RMB 4.3 billion in 2023[36]. Operational Highlights - The Group was awarded five quality wastewater treatment projects during the year, with a total designed capacity of nearly 200,000 tonnes per day[14]. - SIIC Environment operates approximately 250 wastewater treatment and water supply projects, 5 solid waste incineration projects, and 13 sludge treatment projects across 20 regions in China[9]. - In FY2023, the Group's wastewater treatment volume increased by 2.2% year-on-year to 2,525 million tonnes, and the average treatment fee rose by 7.8% to RMB1.87/tonne[22]. - Revenue from water and sludge treatment grew by 6.55% to RMB5,030 million, while gross profit increased by 2.7% to RMB2,704 million[22]. - The Group acquired 5 new wastewater treatment projects and signed agreements for 17 projects involving upgrades, expansions, and tariff increases[21]. Financial Management - The Group's financial expenses increased due to international market changes, prompting proactive measures to manage liquidity risks and ensure financial stability[18]. - The company plans to optimize its financing structure by replacing short-term borrowings with long-term borrowings at lower interest rates[18]. - The Group plans to enhance fund recovery efforts and shorten recovery cycles due to slowed receivables recovery impacted by local government debt in China[21]. - The Group maintained a healthy liquidity position throughout 2023, with ongoing credit assessments to reduce exposure to credit risk[67]. - The Group's cash and cash equivalents amounted to approximately RMB 2,885.8 million as of December 31, 2023, compared to RMB 2,512.6 million in the previous year[66]. Corporate Governance - The new management team has been introduced to enhance corporate governance and improve management systems[17]. - The Group is committed to integrating ESG principles into its operations and enhancing its governance structure to support sustainable development[24]. - The Board consists of eight members, overseeing key operational initiatives and corporate governance practices[92]. - The Group's financial performance is subject to board approval for significant matters such as mergers, acquisitions, and major investments[95]. - The Group aims to enhance long-term shareholder value through effective corporate governance practices[150]. Strategic Initiatives - The company aims to expand its market share and efficiency in water and solid waste treatment, while exploring opportunities in industrial wastewater treatment and renewable energy[8]. - The Group is committed to aligning with China's "dual carbon" policy and has seen increased attention to environmental protection initiatives[16]. - The Group will focus on expanding in the Guangdong-Hong Kong-Macao Greater Bay Area and the Yangtze River Economic Belt to increase market share[27]. - The Group's strategic positioning allows it to consolidate its leading position in China's environmental market[8]. - The Group is actively pursuing new reclamation programs, such as the Huangqiao Industrial Park WWTP Project, which includes a water reclamation component with a capacity of 3,000 tonnes[71]. Risk Management - The Group established a Risk and Investment Management Committee (RIMC) to oversee the overall risk management framework and ESG matters, reporting directly to the Board[199]. - The internal control system is designed to provide reasonable assurance against material misstatement or loss, focusing on financial, operational, compliance, and information technology risks[199]. - The effectiveness of the Group's risk management and internal control systems is reviewed at least annually[199]. - Management regularly reviews business and operational activities to identify significant risks and appropriate measures to control and mitigate these risks[200]. - The RIMC and Management are responsible for ongoing monitoring of risk management and internal control systems[199]. Leadership and Management Changes - Mr. Zhou Yuding was appointed as the Executive Director and Chairman of the Board on February 23, 2024, responsible for overall corporate strategies and development[98]. - Mr. Zhu Dazhi has been the Chief Executive Officer since September 28, 2023, overseeing the Group's strategy, business operations, and financial matters[101]. - Mr. Jiang Kai was appointed as an Executive Director on October 20, 2023, responsible for financial and financing-related matters[103]. - The management team has over 20 years of experience in their respective fields, enhancing the company's operational capabilities[103][104][105]. - The company is actively expanding its leadership team to strengthen governance and financial management[104][105].

Financial Performance - The net profit attributable to shareholders for the year 2023 was RMB 604 million, a decrease of 22.6% compared to the previous year[6]. - Total revenue for 2023 decreased by 8.8% to RMB 7.5729 billion[6]. - Gross profit increased by 2.7% to RMB 2.7044 billion compared to the previous year[6]. - Revenue for the three months ended December 31, 2023, was RMB 1,223,933 thousand, a decrease of 51.4% compared to RMB 2,516,089 thousand for the same period in 2022[10]. - The company reported a pre-tax profit of RMB 137,641 thousand for the three months ended December 31, 2023, a decrease of 64.3% from RMB 386,017 thousand in the previous year[10]. - The company’s net profit attributable to owners for the three months ended December 31, 2023, was RMB 95,137 thousand, a decrease of 65.8% from RMB 278,007 thousand in the same period last year[10]. - The company’s diluted earnings per share for the year was RMB 0.80, down 90.1% from RMB 8.12 in the previous year[10]. - The group's pre-tax profit for the year ended December 31, 2023, was RMB 1,393,520 thousand, a decrease from RMB 1,485,950 thousand in 2022, representing a decline of about 6.2%[13]. - The after-tax profit for the year ended December 31, 2023, was RMB 1,019,656,000, compared to RMB 1,121,781,000 in 2022, representing a decrease of about 9.1%[45]. Assets and Liabilities - Total assets as of December 31, 2023, amounted to RMB 42,607,940 thousand, an increase from RMB 40,545,215 thousand as of December 31, 2022[11]. - The company's total current assets reached RMB 9,270,986 thousand, up from RMB 8,325,150 thousand in 2022[11]. - The group's total current liabilities as of December 31, 2023, amounted to RMB 10,258,345 thousand, up from RMB 7,887,162 thousand in 2022, marking an increase of approximately 30.0%[12]. - The group's non-current liabilities totaled RMB 17,059,139 thousand as of December 31, 2023, down from RMB 17,843,481 thousand in 2022, indicating a decrease of about 4.4%[12]. - The total liabilities for the reportable segments were RMB 27,317,484,000 as of December 31, 2023, compared to RMB 25,730,643,000 in 2022, marking an increase of about 6.2%[47]. Cash Flow - The group's cash generated from operating activities for the year ended December 31, 2023, was RMB 1,901,197 thousand, compared to a cash outflow of RMB 1,394,655 thousand in 2022, indicating a significant turnaround[13]. - The group's cash flow from operating activities before changes in working capital was RMB 2,660,905 thousand for the year ended December 31, 2023, compared to RMB 2,555,296 thousand in 2022, reflecting an increase of about 4.1%[13]. - The group's cash flow from operating activities for the three months ended December 31, 2023, was RMB 392,649 thousand, compared to a cash outflow of RMB 311,684 thousand in the same period last year[14]. - Net cash inflow from operating activities for the 12 months of 2023 was RMB 1.9012 billion, while excluding changes in receivables under service concession arrangements, the net cash inflow was RMB 1.9772 billion[92]. Dividends - The company declared dividends to non-controlling interests amounting to RMB 4,000 thousand during the reporting period[16]. - The company declared dividends to equity shareholders amounting to RMB 69,801 during the period[20]. - The group announced a final cash dividend of RMB 0.006 per share, subject to approval at the upcoming annual general meeting[97]. - Total annual dividends for 2023 amounted to RMB 202,703 thousand, compared to RMB 192,118 thousand in 2022, reflecting an increase[104]. Segment Performance - Revenue from water and sludge treatment segment was RMB 5,030,061,000 in 2023, compared to RMB 4,720,907,000 in 2022, reflecting an increase of about 6.6%[44]. - The revenue from the solid waste power generation segment decreased to RMB 976,180,000 in 2023 from RMB 1,753,946,000 in 2022, a decline of approximately 44.4%[44]. - The operating profit for the reportable segments was RMB 2,102,176,000 for 2023, compared to RMB 2,050,796,000 in 2022, indicating a slight increase of 2.5%[45]. Financial Position - As of December 31, 2023, the group's cash and cash equivalents amounted to RMB 2.89 billion, indicating a healthy financial position[6]. - The group's total equity as of December 31, 2023, was RMB 15,290,456 thousand, an increase from RMB 14,814,572 thousand in 2022, indicating a growth of approximately 3.2%[12]. - The net asset value per share for the group as of December 31, 2023, is RMB 393.35, an increase from RMB 381.09 as of December 31, 2022[61]. - The total equity attributable to the owners of the company for the year ended December 31, 2023, is RMB 20,634,000, compared to RMB 209,184,000 for the year ended December 31, 2022[62]. Risks and Management - The company faces various financial risks, including foreign currency risk, interest rate risk, liquidity risk, and credit risk, which are managed by the board and executed by management[41]. - The business has not been significantly affected by seasonal or cyclical factors during the fiscal period[42]. Accounting Policies - The company has not made any changes to its accounting policies or faced any retrospective adjustments due to the adoption of new standards during the reporting period[39]. - The financial statements are prepared in RMB, as the majority of the company's operations are conducted in China[38]. - The company has assessed goodwill for impairment as of December 31, 2023, and determined that no impairment provision is necessary[40].

Financial Performance - For the nine months ended September 30, 2023, the group reported a net profit attributable to shareholders of RMB 583.4 million, an increase of 2.2% compared to the same period last year[6]. - Total revenue for the nine months increased by 9.7% to RMB 6.349 billion, driven by higher service concession operation maintenance income and construction revenue from ongoing projects[6]. - Gross profit rose by 14.6% to RMB 2.214 billion, primarily due to new service concession arrangements[6]. - The group experienced a 12.6% increase in profit before tax, reaching RMB 443.5 million for the nine months[9]. - The basic earnings per share for the period was RMB 8.00, reflecting a 0.5% increase compared to RMB 7.96 in the previous year[9]. - Other income surged by 80.5% to RMB 32.98 million, contributing positively to overall financial performance[9]. - The group’s total comprehensive income for the period amounted to RMB 304.8 million, a significant increase of 247.9% compared to the previous year[9]. - The net profit after tax for the nine months ended September 30, 2023, was RMB 924,519 thousand, up from RMB 843,774 thousand for the same period in 2022, which is an increase of approximately 9.6%[35]. Financial Position - As of September 30, 2023, the group's cash and cash equivalents stood at RMB 2.5 billion, indicating a healthy financial position[6]. - As of September 30, 2023, total assets amounted to RMB 42,906,024 thousand, an increase from RMB 40,545,215 thousand as of December 31, 2022, representing a growth of approximately 5.3%[10]. - Current assets reached RMB 9,093,538 thousand, up from RMB 8,325,150 thousand, indicating a year-over-year increase of about 9.2%[10]. - Total liabilities stood at RMB 27,560,656 thousand, compared to RMB 25,730,643 thousand, reflecting an increase of approximately 7.1%[11]. - Total equity rose to RMB 15,345,368 thousand from RMB 14,814,572 thousand, representing an increase of about 3.6%[11]. - Current liabilities totaled RMB 10,574,420 thousand, up from RMB 7,887,162 thousand, indicating a significant increase of approximately 34%[11]. - Non-current liabilities decreased slightly to RMB 16,986,236 thousand from RMB 17,843,481 thousand, a reduction of about 4.8%[11]. Cash Flow and Investments - The net cash generated from operating activities for the nine months ended September 30, 2023, was RMB 1,647,824 thousand, an increase from RMB 1,127,693 thousand in the same period of 2022, reflecting a growth of approximately 46.1%[12]. - The group incurred a net cash outflow from investing activities of RMB 1,695,441 thousand for the nine months ended September 30, 2023, compared to RMB 269,384 thousand for the same period in 2022, representing a significant increase in investment expenditures[13]. - The financing activities resulted in a net cash outflow of RMB 2,770,461 thousand for the nine months ended September 30, 2023, compared to RMB 1,760,406 thousand in the same period of 2022, indicating increased borrowing and repayment activities[13]. Segment Performance - The company operates in three main segments: Water and Sludge Treatment, Water Supply, and Solid Waste Power Generation, with significant contributions to overall revenue from these segments[34]. - Construction revenue for Q3 2023 was RMB 861.9 million, and RMB 2.1489 billion for the first nine months, compared to RMB 772.6 million and RMB 2.0396 billion in the same periods of 2022[67]. - Revenue from service concession arrangements for Q3 2023 was RMB 1.3207 billion, and RMB 3.822 billion for the first nine months, up from RMB 1.1861 billion and RMB 3.4175 billion in 2022[68]. Administrative and Financial Management - Administrative expenses decreased by 4.9% to RMB 133.2 million, indicating improved cost management[9]. - The company faced various financial risks, including foreign currency risk, interest rate risk, liquidity risk, and credit risk, which are managed by the board and executed by the CFO and management[32]. - The company reported a total depreciation and amortization expense of RMB 314,115 thousand for the nine months ended September 30, 2023, compared to RMB 275,030 thousand for the same period in 2022, showing an increase in depreciation costs[35]. Dividends and Shareholder Returns - The company declared dividends of RMB 132,902 thousand to equity shareholders during the period[17]. - The company declared an interim dividend of SGD 0.005 per share, which was fully paid on September 28, 2023[51]. - The company did not declare any dividends for the current financial year, indicating a focus on capital expenditures and investment projects[86].

Company Overview - SIIC Environment Holdings Ltd. operates approximately 250 wastewater treatment and water supply projects, 5 solid waste incineration projects, and 13 sludge treatment projects across 20 municipalities and provinces in China[5]. - The company is headquartered in Singapore and listed on both the SGX-ST and SEHK, indicating a strong international presence[4]. - The company has a strong operational history of over 15 years in the environmental protection industry in China[5]. - SIIC Environment is backed by strong mergers and acquisitions capabilities, positioning itself as a leading operator and investor in the environmental industry in China[3]. Market Expansion and Strategy - The company aims to expand its market share and efficiency in the water and environmental protection industry, focusing on industrial wastewater treatment, seawater desalination, and soil remediation[6]. - The company is actively exploring opportunities in renewable energy and pollution prevention as part of its future expansion plans[6]. - The company is actively pursuing strategic partnerships and expansions to bolster its service offerings in the environmental sector[22]. - The company is focusing on expanding its wastewater treatment capabilities in Henan province, with several projects in various phases of completion[24][25]. Project Capacities and Operations - The company reported a daily capacity of 150,000 tonnes for the Dongguan Sanzhou WINTP Project, with a 35.5% interest currently in operation[22]. - The wastewater treatment capacity for the Huizhou City Meihu Water Purification Center Project is 200,000 tonnes, with 100% operational status and an upgrade to Superior Class II Standard A planned[22]. - The company has multiple wastewater treatment projects across various provinces, with daily capacities ranging from 20,000 to 340,000 tonnes[23][24][25]. - The Beihai Economic Development Zone WWTP O&M Project has a daily capacity of 45,000 tonnes and is currently 55% in operation[23]. Financial Performance - The Group's revenue increased from RMB3,686.9 million in 1HFY2022 to RMB4,018.8 million in 1HFY2023, representing a growth of 9.0%[52]. - Gross profit rose from RMB1,244.6 million in 1HFY2022 to RMB1,437.7 million in 1HFY2023, an increase of 15.5%[63]. - Profit for the period amounted to RMB593.6 million in 1HFY2023, up 8.4% compared to 1HFY2022[52]. - The company reported a net cash used in investing activities of RMB 966,674 for the six months ended June 30, 2023, compared to RMB 255,015 in the same period of 2022, indicating a substantial increase in investment outflows[155]. Environmental Commitment - SIIC Environment is committed to protecting the planet and conserving natural resources while pursuing company growth[3]. - The company aims to meet local discharge limits with its projects, adhering to Class I and Class II water quality standards[22]. - The Group is committed to integrating ESG principles into its development plans and optimizing ESG performance through technology iterations[130]. Governance and Compliance - The Group complied with the Singapore Code of Corporate Governance 2018 and the HK Corporate Governance Code during the six months ended 30 June 2023, with some exceptions noted[122]. - The Board currently consists of one Non-Executive Director, five Executive Directors, and three Independent Non-Executive Directors, with the Non-Executive Chairman not considered independent[123]. - The Group's directors confirmed compliance with relevant securities transaction regulations throughout the six months ended June 30, 2023[125]. Future Outlook - The Chinese economy showed resilience in the first half of 2023, with the central government advancing "carbon peak" and "carbon neutrality" goals[127]. - The introduction of national water policies is expected to enhance the quality of the water environment in the Yangtze River Basin, creating opportunities for the Group's sewage treatment business[128]. - The Group plans to explore new high-quality projects and M&A opportunities, particularly in the Guangdong-Hong Kong-Macao Greater Bay Area and the Yangtze River Economic Belt, to increase market share[132].