China Everbright Water Limited · SGX:U9E
China Everbright Water — Shareholder Meeting (April 2025)
32 slides from China Everbright Water's shareholder meeting presentation, Apr 22, 2025
Slide 1: China Everbright Water Limited Overseas Regulatory Announcement
Singapore Exchange Securities Trading Limited, Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever
Slide 2: 2025 Annual General Meeting
2025 Annual General Meeting April 2025 China Everbright Water Limited
Slide 3: Forward-looking Statement
Forward-looking Statement This presentation may contain forward-looking statements. Any such forward-looking statements are based on a number of assumptions about the operations of China Everbright Water Limited (“Everbright Water” or the “Company”, together with its subsidiaries, collectively the “
Slide 4: Contents
Contents 01. 02. 03. 04. 05. Financial Operating Business Q&A AGM Review Results Prospects Session Resolutions 3
Slide 5: Financial Review
01 Financial Review
Slide 6: Financial Review
Financial Review Full Year Ended 31 December Year-on-Year (HK$’000) (“YoY”) Change 2024 2023 (increase/(decrease)) Revenue 6,851,918 6,704,684 2% Gross Profit 2,617,462 2,822,383 （7%） Gross Profit Margin (%) 38 42 （4ppt*） EBITDA# 2,197,255 2,469,511 （11%） Profit Attributable to Equity Holders of the
Slide 7: Financial Review
Financial Review As at As at YoY Change (HK$’000) 31/12/2024 31/12/2023 (increase/(decrease)) Total Assets 35,889,362 34,220,661 5% Total Liabilities 21,897,684 20,768,319 5% Equity Attributable to Equity Holders of the Company 11,835,120 11,406,121 4% Gearing Ratio (%) (total liabilities/total asse
Slide 8: Financial Review
Financial Review As at As at YoY Change (HK$’000) 31/12/2024 31/12/2023 (increase/(decrease)) Short-term Borrowings 4,181,329 4,606,893 (9%) Long-term Borrowings 12,208,281 10,798,480 13% Total Borrowings# 16,389,610 15,405,373 6% Current Ratio (%) 132 121 11ppt* Unutilised Banking Facilities 3,627,
Slide 9: Revenue Analysis by Categories
Financial Review Revenue Analysis by Categories (HK$’000) for the Full-year Period 2,646,298 2,820,981 0% 3,104,693 1,097,011 2,066,019 1,097,182 436,790 287,628 2023 2024 2023 2024 2023 2024 2023 2024 Construction service revenue Operation income Finance income Sales of machineries and technical se
Slide 10: Proportion of Revenue in Each Category
Financial Review Proportion of Revenue in Each Category for the Full-year Period Sales of machineries and Sales of machineries and Technical service income 设备销售及技术服务收入 technical service income 设备销售及技术服务收入 7%占比 of7% total 4% 4% 占比of total 财务收入 Finance income Finance财务收入 income 16% 占比16% of total 16%
Slide 11: Revenue, EBITDA, Profit and EPS Trends
Financial Review Revenue EBITDA (HK$’000) (HK$’000) 6,912,371 6,727,967 6,704,684 6,851,918 2,469,511 5,663,292 2,245,235 2,180,523 2,197,255 1,931,379 2020 2021 2022 2023 2024 2020 2021 2022 2023 2024 Profit Attributable to Equity Holders of the Company Basic Earnings per Share (HK$’000) (HK$’000)
Slide 12: Total Assets, Gearing Ratio, Equity and ROE
Financial Review Total Assets Gearing Ratio (HK$’000) 35,889,362 60.1% 61.1% 60.7% 61.0% 32,969,256 33,446,151 34,220,661 57.6% 26,907,534 2020 2021 2022 2023 2024 2020 2021 2022 2023 2024 Equity Attributable to Equity Holders of the Company Return on Shareholders’ Equity (HK$’000) 10.6% 10.7% 10.6%
Slide 13: Operating Results
02 Operating Results
Slide 14: Positive Momentum in Market Expansion
2024 Operating Results – Positive Momentum in Market Expansion In 2024, Everbright Water adopted strategies that focused on strengthening its existing business areas and exploring new business fields while balancing both asset-light and asset-heavy businesses to foster synergistic growth. Market in
Slide 15: Stable Growth in Business Scale
2024 Operating Results – Stable Growth in Business Scale # Total Number of Business Footprint Investment Projects The Group had a business presence in over 60 districts, counties and The Group invested in and held cities across 13 provinces, 171 projects and undertook various municipalities and auto
Slide 16: Continued Enhancement of Operational Quality and Efficiency
2024 Operating Results – Continued Enhancement of Operational Quality and Efficiency In 2024, Everbright Water leveraged digitalisation, innovative models, the “Five Innovations” initiative*, and other key initiatives to enhance project operations management, diversify income streams, and improve ef
Slide 17: Smooth Progress in Construction Works
2024 Operating Results – Smooth Progress in Construction Works In 2024, Everbright Water focused on comprehensive management of projects under construction and in the planning stage, ensuring the orderly progress of all construction activities. The Group closely monitored the The Group intensified t
Slide 18: Continuous Empowerment through Technological Innovation
2024 Operating Results – Continuous Empowerment through Technological Innovation In 2024, Everbright Water focused on technology empowerment, driving technology research and innovation to address market pain points and challenges, while strengthening the application and commercialisation of technolo
Slide 19: Smooth Financing Channels
2024 Operating Results – Smooth Financing Channels Issuance of 2024 First Tranche Issuance of Medium Term Notes (“MTN”) Asset-Backed Securities (“ABS”) Principal amount RMB1.5 billion Principal amount RMB2 billion • Preference ABS: RMB1.9 billion Maturity period 5 years* • Subordinate ABS: RMB100 mi
Slide 20: Operating Results since 2025 – MTN Issuances
Operating Results since 2025 – MTN Issuances Issuance of 2025 First Tranche MTN Issuance of 2025 Second Tranche MTN Principal amount RMB1.5 billion Principal amount RMB1.0 billion Maturity period 5 years* Maturity period 5 years* Interest rate 1.78% Interest rate 1.90% Subscription rate 3.52 times S
Slide 21: Business Prospects
03 Business Prospects
Slide 22: Navigating China's Policy Landscape
Business Prospects – Navigating China’s Policy Landscape 26 September 11-12 December 21 January The Analysis and Spirits and guidance from Nine ministries, including the Research of Current China’s Central Economic Ministry of Ecology and Environment Economic Situation and Work Conference and the Mi
Slide 23: Seizing Opportunities in China's Macroeconomic Landscape
Business Prospects – Seizing Opportunities in China’s Macroeconomic Landscape China’s Economy on the Rise Implementing Implementing a more proactive and effective fiscal policy a moderately accommodative monetary policy The 2025 GDP growth target is set at approx. 5%. Optimise and innovate structura
Slide 24: Emerging Trends in China's Environmental Protection Sector
Business Prospects – Analysing Emerging Trends in China’s Environmental Protection Sector Improvement in • It is proposed to increase the local government debt ceiling by RMB6 trillion to swap WWT Service existing implicit debt (RMB2 trillion per annum from 2024 to 2026); Fees • Starting from 2024,
Slide 25: Emerging Trends in China's Environmental Protection Sector
Business Prospects – Analysing Emerging Trends in China’s Environmental Protection Sector Building a “Beautiful • By 2027, the proportion of counties with fully developed “Beautiful Countryside” Countryside” will reach 40%; and an additional 60,000 administrative villages will complete environmental
Slide 26: Driving Growth through Internal and External Enhancements
Business Prospects – Driving Growth through Internal and External Enhancements Driving endogenous growth Facilitating external development Enhancement of efforts to collect trade receivables Precise and effective expansion • To strengthen the implementation of emergency • To promote the simultaneous
Slide 27: Supporting Business through Comprehensive Management
Business Prospects – Supporting Business through Comprehensive Management Leveraging the “Dual Excellence” Comprehensive Management to Promote the Sustainable and Healthy Development of the Group Talent Development Safety and Environmental To focus on key positions, Management cultivate innovative t
Slide 28: Q&A Session
04 Q&A Session
Slide 29: AGM Resolutions
05 AGM Resolutions
Slide 30: AGM Resolutions
AGM Resolutions • Resolution 1: To receive and consider the Directors’ Statement and Audited Financial Statements of the Company for the financial year ended 31 December 2024 and the Auditors’ Report thereon. • Resolution 2: To declare and pay a final one-tier tax exempt dividend of 5.81 Hong Kong c
Slide 31: AGM Resolutions
AGM Resolutions • Resolution 5: To re-appoint KPMG LLP and KPMG as the Auditors of the Company in Singapore and Hong Kong respectively, to hold office until the conclusion of the next Annual General Meeting and to authorise the Board to fix their remunerations. • Resolution 6: Authority to allot and
Slide 32: Dedicated to Clear Water
EVERBRIGHT WATER EB tA _ DEDICATED TO CLEAR WATER
China Everbright Water — Shareholder Meeting (April 2025) on 6ix