Heilongjiang Interchina Water Treatment Co.,Ltd.: history, ownership, mission, how it works & makes money

A Brief History of Heilongjiang Interchina Water Treatment Co.,Ltd.

Heilongjiang Interchina Water Treatment Co., Ltd., founded in 1990, is a prominent player in the environmental protection and water treatment sector in China. The company specializes in providing comprehensive water treatment solutions, including design, construction, operation, and management of water treatment projects.

In 2002, the company went public on the Shenzhen Stock Exchange, under the ticker symbol 300106. This move significantly bolstered its capital base, enabling further expansion of its operational capabilities. As of June 2023, Heilongjiang Interchina had a market capitalization of approximately ¥3.2 billion.

Over the years, Heilongjiang Interchina has developed a multitude of projects domestically and internationally. By 2022, it had completed over 300 water treatment projects across various provinces in China, showcasing its leadership in the industry. Notably, the company has focused on advanced technologies such as membrane bioreactor (MBR) technology and other innovative water treatment methods.

The company reported robust financial performance in its 2022 annual report, showing revenues of ¥1.51 billion, a year-on-year increase of 14%. The net profit attributable to shareholders reached ¥210 million, reflecting a growth of 18% from the previous year.

The following table provides a snapshot of the financial performance of Heilongjiang Interchina Water Treatment Co., Ltd. over the last five years:

As of the first half of 2023, Heilongjiang Interchina continued to expand its footprint by securing several significant contracts, worth a total of ¥400 million in new projects aimed at enhancing water quality and management systems across northeastern China.

The company’s commitment to sustainability has led to increased governmental support, as it aligns with China’s broader environmental goals. In 2021, Heilongjiang Interchina received recognition as a key enterprise in water treatment under the National Environmental Protection Agency, further solidifying its standing in the industry.

Heilongjiang Interchina’s strategic initiatives include investing heavily in research and development, with approximately 10% of its annual revenue allocated to innovation. This focus has yielded advancements in technologies that improve efficiency and reduce operational costs.

The company’s stock performance has been solid, with shares experiencing an increase of 35% over the past year, reflecting investor confidence in its growth trajectory and market positioning.

Continuing to expand its operations, Heilongjiang Interchina has also entered into joint ventures with international firms, enhancing its technical expertise and broadening its market reach. These partnerships aim to implement best practices and cutting-edge technologies in water treatment processes.

Looking ahead, Heilongjiang Interchina Water Treatment Co., Ltd. is poised for growth, driven by increasing demand for clean water solutions and stringent environmental regulations. With a robust strategic framework and a proactive approach to sustainability, the company is likely to maintain its leading position in the water treatment sector in China.

A Who Owns Heilongjiang Interchina Water Treatment Co.,Ltd.

Heilongjiang Interchina Water Treatment Co., Ltd. (Stock Ticker: 600187) is a publicly traded company listed on the Shanghai Stock Exchange. As of the latest available data, its largest shareholder is the InterChina Group, holding approximately 44.47% of the total shares. The following table outlines the ownership structure in detail.

As part of its diverse ownership, Heilongjiang Interchina Water Treatment also experiences significant participation from institutional investors. According to the Q2 2023 financial report, the company had a total market capitalization of approximately RMB 23.2 billion. The stock price achieved a peak of RMB 25.48 per share in July 2023, with a year-to-date performance increase of 18.6%.

In the fiscal year of 2022, Heilongjiang Interchina reported total revenue of RMB 6.3 billion, alongside a net profit of RMB 900 million, showing an increase from the previous year's net profit of RMB 730 million. The company has focused on expanding its operations in water treatment technologies, securing various contracts across northeastern China.

In terms of debt, the company's debt-to-equity ratio stood at 0.50 as per the last balance sheet. This indicates a relatively low level of debt, suggesting good financial health amidst growing revenue.

Overall, the ownership and financial status of Heilongjiang Interchina Water Treatment Co., Ltd. illustrate a robust structure with significant backing from its primary shareholder, while also showing a strong performance in both share price and financial results over recent periods.

Heilongjiang Interchina Water Treatment Co.,Ltd. Mission Statement

Heilongjiang Interchina Water Treatment Co., Ltd. focuses on providing high-quality water treatment solutions that ensure sustainable development in environmental management. The company is committed to improving water quality, reducing pollution, and promoting resource conservation. It aims to address the growing demand for clean water through innovative technologies and effective management practices.

The mission statement captures the essence of the company’s dedication to enhancing the quality of life through environmental stewardship and integrated water resource management. The company aligns its goals with national environmental policies and global sustainability targets.

As of the latest financial reports, Heilongjiang Interchina reported a revenue of ¥1.5 billion (approximately $230 million) for the fiscal year ending December 2022, reflecting a year-on-year increase of 12% compared to ¥1.34 billion in 2021.

The company's net profit for the same period was approximately ¥200 million, showcasing an increase of 15% from the previous year. The gross margin stood at 30%, indicating effective cost control and operational efficiency.

Investing in research and development remains a priority, with R&D expenditures constituting approximately 8% of total revenue. The company actively participates in governmental and international water treatment initiatives, enhancing its credibility and expanding its operational footprint.

Furthermore, Heilongjiang Interchina has made significant strides in environmental projects, successfully managing over 30 wastewater treatment facilities across China. This aligns with their mission to not only provide effective water treatment but also to support eco-friendly practices throughout the country.

Heilongjiang Interchina has also set ambitious targets to reduce water usage in industrial processes by 20% over the next five years as part of its sustainability goals. These efforts are indicative of the company's commitment to environmental protection and the promotion of responsible water usage.

How Heilongjiang Interchina Water Treatment Co.,Ltd. Works

Heilongjiang Interchina Water Treatment Co., Ltd. operates primarily in the sectors of water treatment and environmental engineering in China. The company focuses on designing, constructing, and operating water purification plants and wastewater treatment facilities.

As of December 31, 2022, Heilongjiang Interchina reported total assets of approximately RMB 1.2 billion and a total revenue of RMB 600 million for the fiscal year 2022. The net income for the same period was around RMB 100 million, leading to a net profit margin of approximately 16.67%.

Heilongjiang Interchina has established multiple partnerships with local governments, providing solutions for urban and rural water treatment needs. The company primarily targets regions with severe water pollution issues, leveraging advanced technology in membrane filtration and biological treatment processes. Their projects often receive financial assistance from state-led environmental initiatives.

The company has a significant market presence, operating over 50 water treatment facilities across various provinces in China, with a total treatment capacity exceeding 5 million cubic meters per day.

In 2022, the company invested approximately RMB 150 million in research and development, focusing on innovative technologies to enhance water treatment efficiency. This investment underscored their commitment to addressing China’s growing water scarcity and pollution challenges.

Heilongjiang Interchina has also been active in securing government contracts. In 2023, the company was awarded a contract worth RMB 200 million for a large-scale wastewater treatment project in Harbin, further consolidating its position in the market.

The company’s workforce consists of over 1,000 employees, including skilled engineers and environmental scientists who specialize in water treatment technologies. This expertise enables Heilongjiang Interchina to maintain high operational standards and innovate consistently within the industry.

Heilongjiang Interchina’s stock trades on the Shanghai Stock Exchange under the ticker symbol 600187. As of October 2023, the stock price was hovering around RMB 10.50, reflecting a market capitalization of approximately RMB 1.5 billion. The price-to-earnings (P/E) ratio stands at about 15.00, indicating a moderate valuation compared to industry peers.

The water treatment sector in China is projected to grow significantly, driven by government initiatives aimed at improving water quality and environmental sustainability. Heilongjiang Interchina is strategically positioned to capitalize on these trends, thanks to its established market presence and ongoing investments in technology and infrastructure.

How Heilongjiang Interchina Water Treatment Co.,Ltd. Makes Money

Heilongjiang Interchina Water Treatment Co., Ltd. primarily generates revenue through various segments of water treatment and environmental services. The company operates mainly in sewage treatment, wastewater management, and providing related technologies and services. In 2022, the company reported a revenue of approximately ¥1.2 billion, reflecting a growth of 10% from the previous year.

• Revenue Streams:
• Sewage Treatment: Contributed around ¥800 million, accounting for 67% of total revenue.
• Wastewater Management: Generated about ¥300 million, making up 25% of overall sales.
• Technology Services: Brought in ¥100 million, representing 8% of revenue.

The company operates a network of water treatment plants, with a total processing capacity of over 1 million cubic meters per day. This large-scale operation allows for significant economies of scale, reducing per-unit treatment costs.

Heilongjiang Interchina also engages in government contracts, which make up a significant portion of its revenue. In 2022, approximately 75% of its contracts were with local and regional governments, ensuring a steady revenue stream.

In addition to its core services, Heilongjiang Interchina is involved in research and development (R&D) to innovate new water treatment technologies. In 2022, the company allocated approximately 15% of its total revenue, or about ¥180 million, towards R&D activities.

The company also benefits from government subsidies aimed at promoting environmental protection projects. In 2022, it received ¥50 million in subsidies, which helped to enhance its profit margins.

Heilongjiang Interchina has been diversifying its operations beyond the domestic market. It has initiated projects in Southeast Asia, with expected contributions of about ¥200 million to revenue by 2023.

With growing environmental concerns, the demand for water treatment services is on the rise. The market for water treatment in China is projected to expand at a CAGR of 9% from 2022 to 2027, suggesting a favorable environment for Heilongjiang Interchina to scale its operations.