GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
C

Capital Environment Holdings 3989.HK · HKD

Industrials · HKEX · 🇭🇰 Hong Kong

Compare

0.08

0.00%

Close of 9 Nov 2026, in HKD

Search any instrument

Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in CNY, from our data supplier.

FY2025

Revenue

CN¥3.61bn

FY2016FY2025

Net income

CN¥267.4m

FY2016FY2025

Free cash flow

−CN¥269.7m

FY2016FY2025

Shareholders' equity

CN¥6.95bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueCN¥3.61bnCN¥3.67bnCN¥4.75bnCN¥5.34bnCN¥6.28bnCN¥8.90bnCN¥6.91bnCN¥5.41bnCN¥4.07bnCN¥3.15bn
Gross profitCN¥1.32bnCN¥1.31bnCN¥1.61bnCN¥1.62bnCN¥1.90bnCN¥2.25bnCN¥1.83bnCN¥1.40bnCN¥1.17bnCN¥926.1m
Research and developmentCN¥49.0mCN¥53.2mCN¥49.8mCN¥92.2mCN¥34.2mCN¥9.4m———CN¥8.3m
Operating incomeCN¥900.3mCN¥696.7mCN¥961.0mCN¥927.6mCN¥1.40bnCN¥1.54bnCN¥1.08bnCN¥722.2mCN¥547.2mCN¥360.6m
Net incomeCN¥267.4mCN¥234.1mCN¥332.3mCN¥1.97bnCN¥594.7mCN¥541.5mCN¥352.5mCN¥212.8mCN¥172.7mCN¥51.1m
Diluted earnings per share0.020.020.020.140.040.040.020.010.010.00

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsCN¥21.21bnCN¥20.88bnCN¥23.62bnCN¥23.45bnCN¥30.48bnCN¥28.02bnCN¥21.70bnCN¥17.33bnCN¥12.44bnCN¥11.15bn
Cash and short-term investmentsCN¥493.4mCN¥659.3mCN¥2.67bnCN¥3.43bnCN¥3.28bnCN¥4.16bnCN¥2.27bnCN¥2.80bnCN¥1.04bnCN¥886.1m
Total liabilitiesCN¥13.92bnCN¥13.89bnCN¥15.83bnCN¥15.67bnCN¥21.49bnCN¥19.64bnCN¥15.60bnCN¥11.74bnCN¥7.24bnCN¥6.15bn
DebtCN¥10.94bnCN¥10.67bnCN¥10.52bnCN¥10.16bnCN¥14.05bnCN¥13.04bnCN¥10.66bnCN¥7.89bnCN¥4.70bnCN¥3.72bn
Shareholders' equityCN¥6.95bnCN¥6.66bnCN¥7.49bnCN¥7.56bnCN¥7.23bnCN¥6.55bnCN¥4.22bnCN¥3.92bnCN¥3.74bnCN¥3.61bn
Shares outstanding14,318m14,295m14,295m14,295m14,295m14,295m14,295m14,295m14,295m14,295m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations−CN¥255.5mCN¥297.5m−CN¥448.6m−CN¥270.1m−CN¥518.3mCN¥119.7m−CN¥823.2m−CN¥118.1mCN¥63.5mCN¥306.1m
Capital spending−CN¥14.2m−CN¥242.0m−CN¥338.0m−CN¥336.1m−CN¥502.6m−CN¥672.9m−CN¥589.5m−CN¥505.0m−CN¥498.2m−CN¥475.3m
Free cash flow−CN¥269.7mCN¥55.5m−CN¥786.6m−CN¥606.3m−CN¥1.02bn−CN¥553.2m−CN¥1.41bn−CN¥623.1m−CN¥434.7m−CN¥169.2m
Dividends paid——−CN¥152.2m−CN¥1.83bn−CN¥1.83bn−CN¥1.83bn−CN¥32.5m−CN¥19.6m−CN¥171.7m−CN¥487.2m

Latest quarters

By quarter end

Jun 2026Dec 2025Jun 2025Dec 2024Jun 2024Dec 2023Jun 2023Dec 2022
RevenueCN¥1.83bnCN¥1.80bnCN¥1.88bnCN¥1.88bnCN¥1.79bnCN¥2.17bnCN¥2.22bnCN¥2.49bn
Gross profitCN¥726.4mCN¥639.8mCN¥706.0mCN¥660.1mCN¥649.0mCN¥737.7mCN¥755.8mCN¥803.4m
Operating incomeCN¥419.0mCN¥471.3mCN¥429.5mCN¥300.7mCN¥396.0mCN¥428.8mCN¥486.0mCN¥496.9m
Net incomeCN¥208.2mCN¥84.9mCN¥188.2mCN¥63.5mCN¥170.7mCN¥135.0mCN¥175.1m−CN¥1.67bn
Diluted earnings per share0.010.010.010.000.010.010.01-0.12
Cash from operations—CN¥21.0mCN¥169.0mCN¥408.0m−CN¥111.0mCN¥10.0m−CN¥459.0m−CN¥302.0m
Capital spending—−CN¥7.0m−CN¥6.0m−CN¥43.0m−CN¥10.0m−CN¥36.0m−CN¥9.0m−CN¥142.0m
Free cash flow—CN¥14.0mCN¥163.0mCN¥365.0m−CN¥121.0m−CN¥26.0m−CN¥468.0m−CN¥444.0m
Total assetsCN¥21.44bnCN¥21.21bnCN¥24.54bnCN¥20.88bnCN¥20.59bnCN¥23.62bnCN¥23.49bnCN¥23.45bn
Cash and short-term investmentsCN¥430.7mCN¥493.4mCN¥2.59bnCN¥659.3mCN¥506.7mCN¥2.67bnCN¥1.19bnCN¥1.76bn
DebtCN¥1.26bnCN¥10.94bnCN¥12.75bnCN¥10.65bnCN¥10.60bnCN¥12.24bnCN¥12.25bnCN¥11.83bn
Shareholders' equityCN¥7.15bnCN¥6.95bnCN¥7.98bnCN¥6.66bnCN¥6.60bnCN¥7.49bnCN¥7.33bnCN¥7.56bn

Financial ratios

Data as of 1 Nov 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin36.6%35.7%34.0%30.2%30.3%25.3%
Operating margin25.0%20.5%17.9%19.1%22.3%17.3%
Net margin7.4%6.4%7.0%36.9%9.5%6.1%
Return on equity3.9%3.5%4.4%26.0%8.2%8.3%
Return on assets1.3%1.1%1.4%8.4%2.0%1.9%
Free cash flow yield-21.1%47.2%-8.3%5.0%-1.2%59.5%
Revenue growth-1.6%-10.1%-11.2%-15.0%-29.4%28.8%
Earnings growth14.2%-18.0%-83.1%231.2%9.8%53.6%
Current ratio2.79x1.37x1.79x1.33x0.87x0.71x
Debt to equity1.57x1.60x1.64x1.56x2.06x2.07x
Equity ratio32.7%31.9%31.7%32.2%23.7%23.4%
Interest coverage2.35x1.77x1.68x1.64x2.45x2.42x
R&D as a share of sales1.4%1.5%1.0%1.7%0.5%0.1%
Buybacks as a share of market value-0.2%0.0%0.0%0.0%0.0%0.0%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-12.3%-16.5%1.6%
Operating income-1.0%-10.2%8.4%
Net income-48.6%-13.2%3.8%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin36.2%33.8%30.8%29.4%
Operating margin22.0%20.1%19.8%17.3%
Net margin6.9%16.1%12.1%8.9%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings3.35.04.11.04.22.85.110.225.866.5
Price to sales0.20.30.30.40.40.20.30.41.11.1

Dividends and splits

Per share, in the currency the company pays

Paid for 0 years. Last went ex-dividend on 7 Jul 2023.

FY2023FY2008FY2007FY2006
Paid in the year0.010.020.020.019

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.