Financial Performance - The company reported a basic earnings per share of -1.39 yuan for 2024, a significant decline of 595% compared to -0.20 yuan in 2023 [1] - Net profit for 2024 was -2.47 billion yuan, representing a 605.71% decrease from -0.35 billion yuan in 2023 [1] - Operating revenue decreased by 21.19% to 3.72 billion yuan in 2024, down from 4.72 billion yuan in 2023 [1] - The return on equity was -28.03% in 2024, a drastic drop from -3.42% in 2023 [1] - The net asset per share decreased by 24.69% to 4.27 yuan in 2024, compared to 5.67 yuan in 2023 [1] Shareholder Structure - The top ten unrestricted shareholders collectively hold 52.095 million shares, accounting for 34.3% of the circulating shares, a decrease of 570.77 thousand shares from the previous period [2] - Notable shareholders include Tibet Haina Bochuang Investment Holding Co., Ltd. with 19.1662 million shares (12.62%) and Anyi Deep Water Investment Partnership with 10.45 million shares (6.88%), both remaining unchanged [3] - Several shareholders exited the top ten list, including Liu Jinqi and Ganzhou Jiuxi Equity Investment Partnership, which indicates a shift in shareholder composition [3] Dividend Policy - The company has announced no distribution or capital increase for the current period [4]

联泰环保是国内污水处理领域的优秀民营企业之一，是专注于污水处理行业的区域性重要企业。联泰环 保以城市重大项目的投资建设为切入点，通过打造精品工程，积累了丰富的行业投资、建设及运营经 验。经过数年发展，联泰环保项目运营规模不断增大，在湖南和广东区域拥有多个投资运营项目。截至 2024年12月31日，联泰环保已建成投入运营的污水处理项目总处理规模(包括分散式污水处理站点)已达 137万吨/日。 4月28日晚间，联泰环保（603797）发布2024年年报和2025年一季报，2024年营业收入10.39亿元，净利 润1.8亿元。同时，公司披露2024年年度权益分派预案，拟每10股派0.9元，合计派发现金红利5189.45万 元。 今年一季度，联泰环保实现营业收入2.57亿元，净利润5390.42万元。 2024年，联泰环保及时适应市场情况变化，做好投资策略应变，灵活开展多形式合作，重点拓展区域轻 资产的委托运营业务。报告期内，公司获得多个新项目，包括常德高新区污水处理厂生态滤池运营项 目、汕头龙珠水质净化厂除臭技改项目等。同时，报告期内，联泰环保通过加强建设管理，有效统筹， 多方协调，确保资金到位，顺利完成项目建设目 ...

证券研究报告·公司点评报告·环境治理 金科环境（688466） 2024 年报&2025 一季报点评：25Q1 业绩同 增 33%，AI 产品化升级&工业应用场景持续 拓展 买入（维持） | [Table_EPS] 盈利预测与估值 | 2023A | 2024A | 2025E | 2026E | 2027E | | --- | --- | --- | --- | --- | --- | | 营业总收入（百万元） | 572.76 | 617.11 | 711.33 | 816.73 | 934.36 | | 同比（%） | (14.63) | 7.74 | 15.27 | 14.82 | 14.40 | | 归母净利润（百万元） | 70.77 | 66.79 | 85.55 | 103.54 | 124.53 | | 同比（%） | (7.83) | (5.62) | 28.08 | 21.03 | 20.28 | | EPS-最新摊薄（元/股） | 0.57 | 0.54 | 0.69 | 0.84 | 1.01 | | P/E（现价&最新摊薄） | 27.02 | 28.63 | 22.35 | 18 ...

重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、 误导性陈述或重大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息 的真实、准确、完整。 3.第一季度报告是否经审计 □是 R否 一、主要财务数据 登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：000544 证券简称：中原环保 公告编号：2025-26 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗 漏。 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □是 R否 注：1、营业收入变动的主要原因：公司PPP项目陆续进入运营期，建设期收入同比下降。 2、归属于上市公司股东的净利润变动的主要原因：公司营业收入同比减少；公司污水、污泥业务成本 有所增加。 （二） 非经常性损益项目和金额 R适用 □不适用 单位：元 其他符合非经常性损益定义的损益项目的具体情况 □适用 R不适用 公司不存在其他符合非经常性损益定义的损益项目的具体情况。 将《公开发行 ...

Core Insights - The company reported a robust financial performance for 2024, with total revenue reaching 9.049 billion yuan, an increase of 11.90% year-on-year, and a net profit attributable to shareholders of 1.996 billion yuan, up 8.28% year-on-year [1][2] Financial Performance - The company achieved earnings per share of 0.67 yuan, reflecting an 8.06% increase year-on-year [1] - Operating cash flow net amount reached 3.681 billion yuan, growing by 8.61% year-on-year [3] - Total assets increased to 48.448 billion yuan, marking an 11.24% year-on-year growth [1] Business Segments Performance - The wastewater treatment segment generated 3.641 billion yuan in revenue, a significant increase of 20.42% year-on-year, driven by operational enhancements and fee adjustments [2] - The water supply segment saw a 7.62% increase in water sales volume to 1.150 billion tons, with revenue reaching 2.620 billion yuan, up 7.26% year-on-year [2] - The waste incineration power generation segment achieved revenue of 774 million yuan, growing by 10.51% year-on-year, with a gross margin increase of 7.84 percentage points to 48.07% [2] Cost Management and Shareholder Returns - The company effectively managed accounts receivable and optimized financing structures to mitigate cost pressures associated with business expansion [3] - A cash dividend of 1.87 yuan per 10 shares is proposed, representing a 10% increase in total dividends year-on-year, reflecting management's confidence in future performance [3] Expansion and Capacity Growth - The company is focusing on consolidating regional advantages while expanding its national market presence, with new projects in multiple locations and successful acquisitions [4] - Total operational and under-construction water supply project capacity reached approximately 9.2 million tons per day, with waste incineration capacity at 12,000 tons per day [4] - The company is also expanding into emerging sectors such as reclaimed water utilization and kitchen waste disposal, with a current reclaimed water business scale of 1.3 million tons per day [4] Innovation and Technology - The company significantly increased R&D investment by 355% year-on-year to 54.88 million yuan, launching 57 projects and obtaining 33 new patents [5] - A smart management platform is being developed to enhance operational efficiency across various functions [5] Environmental and Social Responsibility - Several projects have been recognized as industry benchmarks, including a kitchen waste resource utilization project selected by the UN [6] - The company received multiple awards for its ESG practices, highlighting its commitment to social responsibility and environmental sustainability [6] Future Outlook - Industry experts anticipate growth opportunities for the company in 2025, driven by supportive policies and market reforms in the environmental sector [7] - The company is well-positioned with a strong project pipeline and a solid financial structure, supported by technological innovation and smart operations [7]

说的意见均不构成对具体证券在具体价位具体时点具体市场表现的判断或投资建议未经合法授权严禁录音转发及相关解读涉嫌违反上述情形的我们将保留追究法律责任的权利感谢您给予的理解和配合谢谢 各位领导好我是东欧环保研究员沈志文那么今天本场的话是光大环境的线上交流会那么也很高兴的邀请到了公司的IR总监李总IR王总来给咱们做这个线上的交流那这边的话我们也看到其实光大环境在2040年会迎来一个比较重要的节点在于自由金流的转正那么也预期未来之后的话公司这个随着基本开支下降金流价值也会更加的凸显 这边的话还是先请这个公司领导这边就去年的一个整体经营情况做一个介绍然后我们再开启问答交流环节有请嘉惠总总总好的好的非常感谢东吴的元宇老师和志文老师给我们一个这么好的交流环节那么其实呢各位关注我们公司的就与薪资可能也都知道我们3月18号也就是下礼拜二呢绿色环保 因为在广东省的话它的这个基础火力发电价相对来讲是有四毛以上也是比较高的所以各位也知道就是说每吨垃圾超过280的部分我们还是可以领基础火力发电价的话再加上它的处理费还是有93块多的确是比较吸引人的项目所以这个项目我们现在是已经签约另外一个其实是一个海南东方二期的启动 海南东方一期其实是 ...

Core Viewpoint - Shanghai Industrial Holdings (00363) maintains a high dividend payout ratio of 36.4% and an attractive dividend yield of 8% in 2024, despite a challenging macroeconomic environment, demonstrating a commitment to shareholder returns [1][10] Financial Performance - The company reported a revenue of HKD 28.918 billion, gross profit of HKD 7.9 billion, and net profit attributable to shareholders of HKD 2.808 billion for 2024, with gross and net profit margins of 27.32% and 9.71% respectively [1] - Earnings per share (EPS) stood at HKD 2.582, with a final dividend of HKD 0.52 per share and an annual dividend of HKD 0.94 per share [1] Business Segments - The company operates in four main sectors: infrastructure and environmental protection, real estate, consumer goods, and health, leveraging strong cash flow capabilities to enhance shareholder returns [1][10] - Infrastructure and environmental protection generated revenue of HKD 10.263 billion, maintaining stability with a revenue share increase of 3.7 percentage points to 35.5% [2] - Real estate revenue was HKD 15.152 billion, experiencing a decline in revenue share to 52.4% due to industry challenges, while consumer goods revenue grew by 9.4% to HKD 3.503 billion, increasing its revenue share by 2.3 percentage points to 12.1% [2] Profit Structure - The infrastructure and environmental protection segment contributed HKD 26.3 billion to net profit, with a compound annual growth rate (CAGR) of 16.9% over the past three years, accounting for 85% of total profit [3] - The consumer goods segment saw a profit of HKD 6.43 billion, growing by 71.5% with a CAGR of 44% over three years, contributing 20.8% to total profit [3] Cash Flow and Financial Stability - The company reported a net profit margin of 9.7% for 2024, with cash and cash equivalents exceeding HKD 20 billion, and total bank deposits reaching HKD 28.514 billion [6] - Capital expenditures are being approached cautiously, with signed capital commitments of HKD 3.338 billion, a decrease of HKD 4.882 billion compared to the previous year [6] Strategic Focus - The company is focusing on long-term growth in the infrastructure and environmental sectors, particularly in water treatment and waste management, aligning with dual carbon policies and energy transition opportunities [7][8] - The health sector is also a strategic focus, with the potential for significant growth driven by national health policies [9] Investment Appeal - The company has a strong track record of dividends, with a total of 53 distributions since 2000, amounting to HKD 21.382 billion, which is 1.67 times its market value [13] - The current price-to-book (PB) ratio is 0.27 and the price-to-earnings (PE) ratio is 4, indicating significant undervaluation compared to industry peers [13]

被担保人名称：五常市金水湾污水处理有限公司（以下简称"五常市金水湾"）、 望奎金河湾污水处理有限公司（以下简称"望奎金河湾"）、宾县金河湾污水处 理有限公司（以下简称"宾县金河湾"）、庆安县金河湾污水处理有限公司（以 下简称"庆安县金河湾"）、林甸县金河湾污水处理有限公司（以下简称"林甸 县金河湾"），以上 5 家公司合称"本次被担保对象"。 ●本次担保金额及已实际为其提供的担保余额 本次担保金额为 1,960 万元，已实际为其提供的担保余额 4,527 万元（包含 本次担保） ●本次担保是否有反担保：否 ●对外担保逾期的累计数量：0 元 一、 担保情况概述 证券代码：600796 股票简称：钱江生化 编号：临 2025—008 浙江钱江生物化学股份有限公司 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个别及连带责任。 ●重要内容提示: 浙江海云环保有限公司（以下简称"海云环保"）为浙江钱江生物化学股份 有限公司（以下简称"公司"）的全资子公司，海云环保持有哈尔滨北方环保工 程有限公司（以下简称"北方环保"）90%股份，本次被担保对象 ...

" 双 碳 " 战 略 工 业 绿 色 转 型 本届水处理领域的 绿智创新大会 由中国化工学会工业水处理专业委员会等权威机构联合主办， 以 "赋能新质生产力" 为核心，聚焦 钢铁、石化、新能源 等行业的 节水减污、节能提效 难 污水处理 等关键领域。 凯士比不仅生产高质量的水泵，更提供 覆盖整个水处理流程的智慧 解决方案 。 ▼ 方案矩阵 ，吸引了来自高校、科研院所、工业企业的众多专家学者。 大会通过 3场专题研讨与30+技术报告 ，构建了从传统工业升级，到新兴领域突破的 全景解决 题。 ▼ 上海凯士比泵有限公司 作为德国KSB集团与上海电气集团的 合资典范 ，与凯士比在华的核 心智造基地，已深耕中国市场近三十载。 蔡滢指出，水泵作为工业水处理系统的 "心脏" ，其性能直接影响系统的 效率、能耗及稳定性 凭借德国精工品质与本土化创新实力，凯士比已成为中国泵行业的领军品牌，凯士比上海提供 的产品、服务与解决方案广泛应用于 通用工业、能源发电、石化化工、市政水务、建筑楼宇、 凯士比上海业务发展经理蔡滢女士 在3月21日下午于"2025能源化工行业水处理技术研讨会"上 发表了 《双碳背景下水泵在工业水处理的高效可靠 ...

凯士比将参加 上海凯士比泵有限公司 《双碳背景下水泵在工业水处理的高效可靠应用》 关于凯士比上海 凯士比上海成立于1994年,坐落于上海闵行开发区,致力成为世界 级泵、系统、数字化产品及服务的供应商。我们的使命是通过不断创 新和本地化,持续绿色发展,改善人类的生活和环境,成为员工满意, 客户满意,股东满意,社会满意的企业。 凯士比 将 参加 2025重点工业行业水处理 技术创新与应用大会 。 会议将聚焦 同期举办 新能源废水处理 和 电子超纯水制备 技术研讨会，旨在推动水处理创新与产业升级，助力工业绿色转型。 在这里，您将深度了解 凯士比上海为工业水处理系统打造的高效泵组配置方案 。 诚邀莅临交流，共同探索工业水系统智慧化升级路径，助 力"双碳"目标下的水资源高效利用新范式。 相关推荐 长按二维码 关注"凯士比" 日 向 长按一维码 ...