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Zhejiang Weiming Environment Protection Co Ltd
SSE:603568

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Zhejiang Weiming Environment Protection Co Ltd
SSE:603568
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Price: 21.47 CNY 1.23% Market Closed
Market Cap: ¥36.7B

EV/IC

1.7
Current
6%
Cheaper
vs 3-y average of 1.8

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
1.7
=
Enterprise Value
¥40.6B
/
Invested Capital
¥24.8B

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
1.7
=
Enterprise Value
¥40.6B
/
Invested Capital
¥24.8B

Valuation Scenarios

Zhejiang Weiming Environment Protection Co Ltd is trading below its 3-year average

If EV/IC returns to its 3-Year Average (1.8), the stock would be worth ¥22.94 (7% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-11%
Maximum Upside
+17%
Average Upside
7%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 1.7 ¥21.47
0%
3-Year Average 1.8 ¥22.94
+7%
5-Year Average 1.9 ¥24.97
+16%
Industry Average 1.5 ¥19.12
-11%
Country Average 1.9 ¥25.01
+17%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close

Market Distribution

In line with most companies in China
Percentile
45th
Based on 7 566 companies
45th percentile
1.7
Low
0 — 1.1
Typical Range
1.1 — 3.4
High
3.4 —
Distribution Statistics
China
Min 0
30th Percentile 1.1
Median 1.9
70th Percentile 3.4
Max 1 129 391.6

Zhejiang Weiming Environment Protection Co Ltd
Glance View

Zhejiang Weiming Environment Protection Co Ltd, founded at the turn of the millennium, is a burgeoning force in the world of environmental sustainability. This company, planted firmly in the industrious soil of China, has dedicated itself to waste-to-energy (WtE) solutions—a domain offering both environmental benefits and economic viability. Through its core operation of converting municipal solid waste into renewable energy, Weiming supplies cleaner power to an energy-hungry society while simultaneously tackling the pressing issue of waste management. By building and operating its own state-of-the-art facilities, the company not only reduces landfill dependency but also capitalizes on the byproducts of incineration, such as heat energy and valuable materials that can be recycled. Weiming's business model marries environmental responsibility with savvy financial engineering. The revenue streams are diverse: beyond the sale of generated electricity, it also earns via waste treatment fees paid by municipalities eager to find sustainable waste disposal solutions. Additionally, by utilizing advanced technology and efficient practices, Weiming ensures that emission levels remain environmentally compliant and socially acceptable, which is crucial in gaining operational licenses and public trust. The company's ability to innovate in a sector ripe for transformation captures the dual interests of investors seeking stability and growth in a world increasingly tuned into ecological imperatives. This positions Zhejiang Weiming not only as a pivotal player in environmental protection within China but also as a forward-thinking entity in the global green economy landscape.

Intrinsic Value
27.57 CNY
Undervaluation 22%
Intrinsic Value
Price ¥21.47
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