Beijing Enterprises Holdings Limited · HKEX:392
Beijing Enterprises — H1 2025 Earnings Presentation
32 slides from Beijing Enterprises's earnings presentation, August 2025
Slide 1: Beijing Enterprises Holdings Limited 2025 Interim Report
LP LEES BEIJING ENTERPRISES HOLDINGS LIMITED 2025 Interim Report
Slide 2: Content
01 02 03 Results Interim Strategic Overview Highlights Outlook Content 04 05 06 Segment Chairman’s Q&A Analysis Speech 2
Slide 3: Results Overview
Results Overview Unit：（RMB Million） 1H2025 1H2024 Change% Revenue 44,529 42,325 5.2% Profit for the period 4,326 3,874 11.6% Profit attributable to 3,404 3,149 8.1% shareholders Recurring profit attributable to 3,279 3,149 4.1% shareholders Basic and diluted EPS (RMB) 2.71 2.50 8.4% Interim dividend
Slide 4: Content
01 02 03 Results Interim Strategic Overview Highlights Outlook Content 04 05 06 Segment Chairman’s Q&A Analysis Speech 4
Slide 5: Interim Highlights
Interim Highlights Domestic Yanjing Beijing Gas BE Water Environment EEW Brewery Beijing Gas secured a three-year BE Water capitalised on debt Domestic Environment achieved EEW GmbH in Germany Yanjing Brewery commenced the contract for the processing of 4.5 resolution policy opportunities to a signi
Slide 6: Interim Highlights
Interim Highlights Financial Highlights The Company continued to focus on its debt management objectives of “cost reduction and structural adjustment”, with interest expenses at the headquarters in the first half of the year decreasing by over RMB100 million year-on-year. Share price Highlights In t
Slide 7: Content
01 02 03 Results Interim Strategic Overview Highlights Outlook Content 04 05 06 Segment Chairman’s Q&A Analysis Speech 7
Slide 8: Strategic Outlook
Strategic Outlook Seize Corporate Strategy opportunities • Optimize financing • Remain committed to urban energy, water services, structure to consolidate environment and urban consumption capital cost advantages • Promote industrial upgrading and transformation • Enhance capital allocation to stren
Slide 9: Content
01 02 03 Results Interim Strategic Overview Highlights Outlook Content 04 05 06 Segment Chairman’s Q&A Analysis Speech 9
Slide 10: Gas Segment Business analysis and future outlook
Gas Segment Business analysis and future outlook
Slide 11: Business Progress of Beijing Gas
Business Progress of Beijing Gas Revenue Profit before taxation from Unit: RMB 100 million the natural gas distribution and trade business 325.64 9.72 Unit: RMB 100 million 306.62 8.59 6.2% 13.2% 2024 1H 2025 1H 2024 1H 2025 1H Principal business development in Beijing Residents 6% Commercial 4% Pip
Slide 12: Business Progress of Beijing Gas
Business Progress of Beijing Gas Leveraging the Nangang project, the LNG "Trade-Processing-Sales" industrial chain advantages have become increasingly prominent Sales Volume of LNG Continued to expand and optimize the scale of the resource pool, forming a International trade volume Unit: 10,000 tons
Slide 13: Business Progress of Beijing Gas
Business Progress of Beijing Gas PipeChina Group Beijing 40% 20% VCNG of Rosneft Pipeline Co. Oil sales volume Gas Transmission Volume 2.9 2.7 Unit: Million tons 497.8 Unit: 100 million cubic meters 450.1 10.6% 2024 1H 2025 1H 2024 1H 2025 1H BEHL’s share of net profit after taxation BEHL’s share of
Slide 14: Beijing Gas Outlook
Beijing Gas Outlook Focus on the development strategy of “deepening its presence in Beijing while expanding both inside and outside Beijing; focusing on energy with vertical integration” The gas sales volume of the principal business in Beijing The scale and industry influence of the natural gas rem
Slide 15: Business Progress of China Gas
Business Progress of China Gas Cumulative total as of Cumulative total as of Natural gas business LPG business 31 March 2025 31 March 2025 Receiving terminals 5 Residential subscribers 48,451,788 Large storage and logistics bases for Industrial subscribers 27,049 5 petrochemical products Commercial
Slide 16: China Gas Outlook
China Gas Outlook Integrated Energy Natural Gas Business LPG Business Business • Continue to build a fully • Continue to promote price pass- integrated LPG industry chain • Prioritize the development of through to increase dollar from upstream trading, biomass and integrated energy margin, and furth
Slide 17: Water Segment Business analysis and future outlook
Water Segment Business analysis and future outlook
Slide 18: Business Progress of BE Water
Business Progress of BE Water Revenue Cost & Expense Capital Expenditure Unit: RMB 100 million Unit: RMB 100 million Unit: RMB 100 million Others 18 41% Urban resource services 15.66 15.73 16 40% 40% Water supply services Sewage and reclaimed water treatment services 14 12.5 11.92 11.6 40% 12 10 39%
Slide 19: BE Water Outlook
BE Water Outlook Strengthen cash flow Improve operational management efficiency • Strengthen cash flow • Advance regional intensive • Accelerate the deployment of management and enhance fund management and the integration innovative technologies such as recovery efficiency of business and finance ar
Slide 20: Environmental Segment Business analysis and future outlook
Environmental Segment Business analysis and future outlook
Slide 21: Progress of Domestic Environmental Business
Progress of Domestic Environmental Business On-grid power generation Steam sales volume Waste treatment volume 18.6 Unit: Million tons volume Unit: GWH Unit: 10,000 tons 3.73 1,162 3.62 1,139 3.1% 2.0% 180% 6.6 2024 1H 2025 1H 2024 1H 2025 1H 2024 1H 2025 1H Revenue Profit before tax One-off items U
Slide 22: Domestic Environmental Business Outlook
Domestic Environmental Business Outlook Enhancing the quality and Expand diversified businesses such as collaborative disposal and heating 1 efficiency of existing asset Extend the industrial chain and cultivate new momentum in the market segments operations Deepen the practice of lean management 2
Slide 23: Progress of Overseas Environmental Business
Progress of Overseas Environmental Business Electricity Sales Price Waste Treatment Volume Energy Sales Amount Unit: Euro/MWH 2.51 2.52 Unit: Million Electricity Heat Steam Unit: GWH tons 123.28 2604 2685 95.39 -22.62% 1,233 1,231 524 565 847 889 2024 1H 2025 1H 2024 1H 2025 1H 2024 1H 2025 1H Reven
Slide 24: Overseas Environmental Business Outlook
Overseas Environmental Business Outlook Continue to monitor trends the solid waste electricity price market, formulate mid-to- long-term plans for the solid waste resource market and optimize its energy sales structure Continue expanding solid waste resource channels and achieve the operational laun
Slide 25: Beer Segment Business analysis and future outlook
Beer Segment Business analysis and future outlook
Slide 26: Business Progress of Yanjing Brewery
Business Progress of Yanjing Brewery Beer Sales Volume The market capitalisation and brand Unit: 10,000 kiloliters value continue to climb 2025 1H 235.2 2.03% ⚫ Yanjing Brewery’s brand value 2024 1H 230.5 reaches RMB 237.9 billion in 2025 Revenue Profit Before Tax Unit: RMB 100 million Unit: RMB 100
Slide 27: Yanjing Brewery Outlook
Yanjing Brewery Outlook 1 Multi-dimensional Market Strategy: Guided by consumer demand , continue to consolidate market foundation through production innovation and marketing model upgrades. Vigorously implement the big single product marketing strategy, promote the “Beer + Soft Drink” combination m
Slide 28: Content
01 02 03 Results Interim Strategic Overview Highlights Outlook Content 04 05 06 Segment Chairman’s Q&A Analysis Speech 28
Slide 29: Q&A Session
2025 Q&A Session
Slide 30: Content
01 02 03 Results Interim Strategic Overview Highlights Outlook Content 04 05 06 Segment Chairman’s Q&A Analysis Speech 30
Slide 31: Chairman's Speech
2025 Chairman's Speech
Slide 32: Disclaimer
Disclaimer This presentation and related discussions may contain forward-looking statements, including but not limited to companystrategies, business plans, market outlooks, financial goals, operating performance, industry trends, risk control andrelatedexpectations, assumptions or judgments about t
Beijing Enterprises Holdings — H1 2025 Earnings Presentation on 6ix