China Everbright Environment Group Limited · HKEX:257
China Everbright Environment — China Everbright International — H1 2012 Earnings Presentation
27 slides from China Everbright Environment's earnings presentation, Aug 22, 2012
Slide 1: 2012 Interim Results Presentation
China Everbright International Limited ( Stock code: 257) 2012 Interim Results Presentation 22 August 2012 China Everbright International Limited ( Stock code: 257) Agenda Results Highlights Financial Review Energy Conservation & Emission Reduction Business Review Business Overview Corporate Positio
Slide 2: Results Highlights (1)
China Everbright International Limited ( Stock code: 257) Results Highlights 3 China Everbright International Limited ( Stock code: 257) Results Highlights ( 1 ) Continued to register substantial growth in profit Profit attributable to equity shareholders was HK$605 million, increased by 72% Basic e
Slide 3: Results Highlights (2) and (3)
China Everbright International Limited ( Stock code: 257) Results Highlights ( 2 ) Achieved remarkable results in market expansion Up till now, the Group has secured 8 projects (including 4 projects secured in 1H 2012), commanding a total investment of RMB4.1 billion Expanded businesses into new pro
Slide 4: Results Highlights (4) and (5)
China Everbright International Limited ( Stock code: 257) Results Highlights ( 4 ) New heights of projects in construction 20 projects under construction or in preparatory stage in 1H 2012 Commanding a total investment of RMB6.93 billion (Amounted to RMB5.31 billion after deduction of the biomass po
Slide 5: Results Highlights (6) and (7)
China Everbright International Limited ( Stock code: 257) Results Highlights ( 6 ) Benefitted from the favourable Government policies Set the benchmark power tariff of waste-to-energy projects across the country at RMB0.65/kWh The environmental protection equipment manufacturing project has received
Slide 6: Results Highlights (8) and (9)
China Everbright International Limited ( Stock code: 257) Results Highlights ( 8 ) Enhanced financial capability In possession of abundant cash on hand, increased by 16% to HK$2.2 billion Maintained a reasonable gearing level and a healthy financial position Broadened the financing channels and well
Slide 7: Financial Review
China Everbright International Limited ( Stock code: 257) Financial Review 13 China Everbright International Limited ( Stock code: 257) Financial Review For the six months ended (HK $’000) 30 June Change 2012 2011 Turnover 1,387,552 1,749,453 (21%) Gross profit 704,603 646,425 9% Gross margin 51% 37
Slide 8: Turnover Analysis by Activity; EBITDA Analysis
China Everbright International Limited ( Stock code: 257) Turnover Analysis of Environmental Protection and Alternative Energy Businesses – By Activity (HK$’000) 1,135,945 1H 2011 Environmental Energy 1H 2011 Environmental Water 1,200,000 1H 2011 Alternative Energy 281,867 1,000,000 (25%) 1H 2012 En
Slide 9: Profit Attributable to Shareholders
China Everbright International Limited ( Stock code: 257) Profit on disposal of discontinued operation Profit on disposal of subsidiaries: HK$209,768,000 Net profit up to the date of disposal: HK$40,328,000 Total: HK$250,096,000 Fuzhou Qingzhou Bridge was the Group’s only non-core business In May 20
Slide 10: Key Financial Figures; Enhanced Financial Strength
China Everbright International Limited ( Stock code: 257) Key Financial Figures As at As at 30/06/2012 31/12/2011 Change Total assets (HK$ ’Mil) 14,549 13,880 5% Total liabilities (HK$ ’Mil) 7,698 7,218 7% Shareholders’ equity (HK$ ’Mil) 6,541 6,190 6% Cash on hand (HK$ ’Mil) 2,212 1,900 16% Current
Slide 11: Energy Conservation & Emission Reduction (1)
China Everbright International Limited ( Stock code: 257) Energy Conservation and Emission Reduction 21 China Everbright International Limited ( Stock code: 257) Energy Conservation & Emission Reduction ( 1 ) (tonne) 788,828 800,000 CO2 Emission Reduction 629,280 600,000 490,788 400,000 348,926 181,
Slide 12: Energy Conservation & Emission Reduction (2) and (3)
China Everbright International Limited ( Stock code: 257) Energy Conservation & Emission Reduction ( 2 ) (million kWh) 776 800 Green Electricity Power 615 584 600 481 400 260 200 157 58 0 2006 2007 2008 2009 2010 2011 1H 2012 (Year) 1H 2012 In 1H 2012, green electricity generated by waste-to-energy,
Slide 13: Business Overview; Energy (1)
China Everbright International Limited ( Stock code: 257) Business Overview Environmental Energy Environmental Water Alternative Energy Environmental Protection Equipment Manufacturing Environmental Protection Industrial Park 25 China Everbright International Limited ( Stock code: 257) Environmental
Slide 14: Environmental Energy (2); Environmental Water (1)
China Everbright International Limited ( Stock code: 257) Environmental Energy ( 2 ) Designed capacity annual household waste processing capacity of approximately 6.44 million tonnes annual on-grid electricity generation capacity of approximately 1.867 billion kWh other solid waste landfill capacity
Slide 15: Environmental Water (2); Alternative Energy (1)
China Everbright International Limited ( Stock code: 257) Environmental Water ( 2 ) Designed capacity Annual waste water treatment capacity of 657 million m3 Annual reusable water supply of 22.33 million m3 Annual surface water supply of 36.5 million m3 29 China Everbright International Limited ( St
Slide 16: Alternative Energy (2); Equipment Manufacturing (1)
China Everbright International Limited ( Stock code: 257) Alternative Energy ( 2 ) Designed capacity – annual agricultural waste treatment capacity of 1.643 million tonnes and annual electricity generation of 1.167 billion kWh, of which landfill methane-to-energy: 27 million kWh leachate methane-to-
Slide 17: Environmental Equipment Manufacturing (2) and (3)
China Everbright International Limited ( Stock code: 257) Environmental Equipment Manufacturing ( 2 ) Entering a new business sector Focusing on international high-end technology in order to tackle with the bottleneck caused by existing equipment constraints Obtained approval for a subsidy of RMB9.7
Slide 18: Environmental Protection Industrial Park; Engineering
China Everbright International Limited ( Stock code: 257) Environmental Protection Industrial Park 7 Environmental Protection Industrial Parks Commanding a total investment of approximately HK$20 billion 35 China Everbright International Limited ( Stock code: 257) Environmental Protection Engineerin
Slide 19: Environmental Protection Technology; Corporate Positioning
China Everbright International Limited ( Stock code: 257) Environmental Protection Technology National High Tech Enterprise Obtained numerous invention and application patents Possess numerous significant R&D results 8 Major R&D Topics 37 China Everbright International Limited ( Stock code: 257) Cor
Slide 20: Corporate Positioning (2); Q&A
China Everbright International Limited ( Stock code: 257) Corporate Positioning ( 2 ) To become a business conglomerate which has integrated technology development, construction and operation management To become the leading player in the green environmental protection and alternative energy industr
Slide 21: Thank You; Appendix
China Everbright International Limited ( Stock code: 257) Thank You 41 China Everbright International Limited ( Stock code: 257) Appendix 42
Slide 22: Environmental Energy (1) and (2)
China Everbright International Limited ( Stock code: 257) Environmental Energy ( 1 ) Operating Projects: Daily processing Total Investment Project Name capacity (tonne) (RMB’mil) Suzhou Waste-to-energy Project Phase I 1,050 489 Suzhou Waste-to-energy Project Phase II 1,000 450 Yixing Waste-to-energy
Slide 23: Environmental Energy (3); Industrial Park
China Everbright International Limited ( Stock code: 257) Environmental Energy ( 3 ) Projects under construction or in preparatory stage: Daily processing Total Investment Project Name capacity (tonne) (RMB’mil) Sanya Waste-to-energy Project 700 426 Boluo Waste-to-energy Project 700 417 Shouguang Wa
Slide 24: Environmental Water (1) and (2)
China Everbright International Limited ( Stock code: 257) Environmental Water ( 1 ) Operating Projects: Daily waste water Total investment Project Name treatment capacity (RMB ’mil) (m3) Qingdao Waste Water Treatment Project 220,000 356 (Haibohe Plant & Maidao Plant and upgrade project) Zibo Waste W
Slide 25: Environmental Water (3) and (4)
China Everbright International Limited ( Stock code: 257) Environmental Water ( 3 ) Transferred Project: Daily waste water Total investment Project Name treatment capacity (m3) (RMB ’mil) Xinyi BT Project Phase I 10,000 63 Sub-total 10,000 63 49 China Everbright International Limited ( Stock code: 2
Slide 26: Alternative Energy (1) and (2)
China Everbright International Limited ( Stock code: 257) Alternative Energy ( 1 ) Operating Projects: Average annual Project Name electricity generation Total investment (RMB ’mil) capacity (kWh) Suzhou Landfill Methane-to-energy Project 18,000,000 28 Phase I Suzhou Landfill Methane-to-energy Proje
Slide 27: Alternative Energy (3) and (4)
China Everbright International Limited ( Stock code: 257) Alternative Energy ( 3 ) Projects in preparatory stage: Average annual electricity Total investment Project Name generation capacity (kWh) (RMB ’mil) Zibo Ceramic Park Heat Pump Project Service area: 187,000 m2 93 Xinyi Biomass Power Generati
China Everbright International — H1 2012 Earnings Presentation on 6ix