Zhejiang Weiming Environment Protection Co., Ltd.: history, ownership, mission, how it works & makes money

A Brief History of Zhejiang Weiming Environment Protection Co., Ltd.

Zhejiang Weiming Environment Protection Co., Ltd. was founded in 2000 in Hangzhou, Zhejiang Province, China. The company specializes in the design, manufacturing, and implementation of environmental protection equipment and technologies. Over the years, Weiming has expanded its operations and product offerings, focusing on wastewater treatment, air pollution control, and solid waste management solutions.

In 2011, Weiming successfully completed its initial public offering on the Shenzhen Stock Exchange, marking a significant milestone in its corporate history. The IPO raised approximately ¥1.1 billion to fuel further development and expansion. Since then, the company has continually reinforced its commitment to innovation and environmental sustainability.

By 2015, Weiming had established numerous partnerships and joint ventures, both domestically and internationally, enhancing its competitive edge in the environmental sector. The company entered into collaborations with various universities and research institutions to advance its technological capabilities.

As of 2022, Zhejiang Weiming reported total revenues of approximately ¥2.8 billion, reflecting a growth rate of 15% compared to the previous year. Net income for the same period was reported at ¥450 million, resulting in a net profit margin of approximately 16%.

The company has consistently invested in research and development, spending around ¥200 million annually, which represents about 7% of total revenue. This investment has led to the development of several proprietary technologies that are now patent-protected.

Below is a table summarizing key financial data for Zhejiang Weiming Environment Protection Co., Ltd. over recent years:

In 2023, the company announced plans to expand its production facilities and invest in new technologies aimed at reducing emissions and improving waste processing efficiency. This strategic move is projected to increase production capacity by 20% within the next two years.

Zhejiang Weiming's commitment to sustainability is reflected in its projects, including major municipal wastewater treatment plants and industrial air pollution control systems. The company has successfully completed over 300 projects throughout China, establishing itself as a key player in the environmental protection industry.

A Who Owns Zhejiang Weiming Environment Protection Co., Ltd.

Zhejiang Weiming Environment Protection Co., Ltd. is a publicly traded company on the Shenzhen Stock Exchange under the ticker symbol 300116. As of the latest financial disclosures, the ownership structure is composed mainly of institutional investors and individual shareholders, reflecting the broader trend in public companies.

According to the most recent data from the company's annual report for the fiscal year ending December 31, 2022, the top five shareholders are as follows:

As of the end of Q3 2023, Zhejiang Weiming reported a total of 1.48 billion shares outstanding. The company has demonstrated consistent growth, with revenues reaching approximately ¥3.01 billion ($460 million) in 2022, reflecting a year-over-year increase of 15%.

The company's market capitalization was approximately ¥11.4 billion ($1.74 billion) as of September 2023, with the stock trading at around ¥7.68 per share. Throughout 2023, the stock has experienced volatility, with a 52-week range between ¥6.50 and ¥8.30.

In addition to the primary shareholders, Zhejiang Weiming has also attracted interest from various investment funds, which have increased their stakes in recent quarters. Notably, the company announced a planned capital increase aimed at expanding its operations in waste management and environmental protection technologies.

Financial analysis from the last earnings call indicated that Zhejiang Weiming's net profit margin stood at 10.5% for the fiscal year 2022, with earnings per share (EPS) reported at ¥1.24. The return on equity (ROE) was measured at 12.7%, showcasing efficient management of shareholder equity.

Overall, Zhejiang Weiming is well-positioned in the environmental protection sector, capitalizing on increasing regulatory focus on sustainability and waste management in China. The ownership distribution reflects a solid backing from major institutional investors, alongside significant public ownership, which is common for companies in this growth sector.

Zhejiang Weiming Environment Protection Co., Ltd. Mission Statement

Zhejiang Weiming Environment Protection Co., Ltd. focuses on developing innovative and sustainable solutions for environmental protection. The company's mission is to lead the industry in providing advanced technologies and services that contribute to ecological safety and resource conservation.

As an established player in the environmental management sector, Weiming Environment Protection is dedicated to improving air and water quality, waste treatment, and renewable energy utilization. The company aims to effectively balance economic growth with ecological preservation.

The mission statement emphasizes their commitment to research and development, aiming for technological advancement that aligns with global environmental standards. Their core values revolve around sustainability, quality, and social responsibility.

Weiming's commitment to environmental sustainability is reflected in their innovative projects, such as the integration of smart technology into waste management systems, which enhance efficiency and reduce carbon footprints.

Additionally, the company actively participates in government initiatives aimed at improving ecological safety, showcasing their dedication to aligning with national policies on environmental protection.

As a result of their mission, Zhejiang Weiming Environment Protection Co., Ltd. has established itself as a trusted partner in the environmental sector, recognized for its contributions to sustainable development and corporate social responsibility.

How Zhejiang Weiming Environment Protection Co., Ltd. Works

Zhejiang Weiming Environment Protection Co., Ltd. is a leading player in the environmental protection sector in China, primarily engaged in the design, construction, and operation of waste water treatment facilities. The company focuses on developing advanced technologies in waste water treatment and resource recovery.

As of 2022, Zhejiang Weiming reported revenues of approximately ¥1.68 billion, showcasing a growth rate of 12% compared to the previous year. The company’s net profit for the same period was around ¥180 million, reflecting a profit margin of 10.7%.

The operational aspect of the company revolves around its proprietary technologies and innovative approaches to waste management and treatment. Their systems are designed to maximize efficiency and minimize environmental impact. The company has implemented several projects across various provinces, including Jiangsu, Guangdong, and Zhejiang, contributing to a cumulative waste treatment capacity of over 1 million cubic meters per day.

The company utilizes various waste treatment technologies including biological treatment, membrane separation, and chemical precipitation. These technologies are integral to achieving compliance with stringent environmental regulations and improving water quality.

In 2023, Zhejiang Weiming expanded its footprint by entering partnerships with several municipal governments, which focused on enhancing urban water management strategies. The total value of contracts signed in 2023 exceeded ¥500 million, illustrating the company's growing influence in public infrastructure projects.

Additionally, Zhejiang Weiming's commitment to research and development is reflected in its annual spending, which in 2022 amounted to ¥80 million, representing 4.8% of total revenues. This investment is crucial for fostering innovation and maintaining a competitive edge in the renewable energy and water treatment sectors.

In terms of stock performance, as of October 2023, Zhejiang Weiming's share price was approximately ¥15.50, with a market capitalization of ¥6.2 billion. The company’s stock has appreciated by 15% year-to-date, reflecting positive investor sentiment and confidence in its growth trajectory.

The strategic vision of Zhejiang Weiming emphasizes sustainable development. The company aims to expand its waste-to-resource initiatives, further supporting China's broader goals in environmental sustainability and public health. Their efforts include not only wastewater treatment but also solid waste disposal and overall resource recovery systems, enhancing their service offerings to clients across multiple sectors.

As a publicly traded entity, Zhejiang Weiming is closely monitored by investors and analysts alike. The transparency in their operations and proactive corporate governance policies are commendable, evidenced by their consistent performance in the China Securities Regulatory Commission's compliance assessments.

How Zhejiang Weiming Environment Protection Co., Ltd. Makes Money

Zhejiang Weiming Environment Protection Co., Ltd. operates primarily in the environmental protection and waste management sectors. The company generates revenue through several key segments, including waste treatment, resource recycling, and environmental consulting services.

Revenue Breakdown by Segment

In its waste treatment segment, Zhejiang Weiming focuses on municipal solid waste and hazardous waste management. The company employs advanced technologies for incineration and landfill management, resulting in substantial operational efficiencies. In 2022, the operational capacity reached approximately 3 million tons of waste treated.

Cost Structure

The cost structure of Zhejiang Weiming includes fixed and variable costs associated with its operational activities. The following table outlines the significant cost components for the fiscal year 2022.

The company’s operational costs, which include fees for using incineration and landfill facilities, account for a significant portion of expenses. Advances in technology have helped reduce these costs over the years, creating better margins in the waste treatment segment.

Profitability Metrics

Zhejiang Weiming reported a net profit of approximately ¥300 million for the fiscal year 2022, resulting in a net profit margin of 10%. The company has shown strong growth trends, with a year-on-year revenue increase of 15%.

Market Position and Competitors

Within the environmental protection market, Zhejiang Weiming competes with several key players, including China Everbright International and Veolia Environment. As of the end of 2022, Zhejiang Weiming's market share stood at approximately 10% in the waste management sector in China.

Future Growth Projections

Analysts forecast that the company's revenue will grow by 20% annually over the next five years, driven by increased investments in renewable energy and sustainable waste management practices. Furthermore, the government’s commitment to enhancing environmental protection regulations is likely to bolster demand for the company’s services.