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Tianyuan Environmental Protection's first annual report: Revenue and net profit continue to grow and continue the trend of high-quality development

author:China Listed Companies Network
Tianyuan Environmental Protection's first annual report: Revenue and net profit continue to grow and continue the trend of high-quality development

China Listed Companies Network/Article

As a comprehensive service provider focusing on landfill leachate and high-difficulty wastewater treatment--- Wuhan Tianyuan Environmental Protection Co., Ltd. (stock abbreviation: Tianyuan Environmental Protection; Stock code: 301127. SZ) announced its first annual operating report since its listing on March 16, 2022.

Tianyuan Environmental Protection's first annual report: Revenue and net profit continue to grow and continue the trend of high-quality development

According to the 2021 annual report, the total assets of Tianyuan Environmental Protection at the end of the period were 2.472 billion yuan, an increase of 120.28% over the same period of the previous year, and the amount of net assets was 1.914 billion yuan, an increase of 209.00% year-on-year; The company's main revenue was 760 million yuan, up 38.19% year-on-year; Net profit attributable to listed companies was 160 million yuan, up 10.29% year-on-year; Earnings per share were 0.52, up 10.64% year-over-year. (It is worth noting that the above data are three years of continuous growth)

Tianyuan Environmental Protection focuses on comprehensive environmental management, extensively carries out water environment governance, solid waste treatment, environmental protection and new energy business, and is a professional environmental protection enterprise integrating environmental protection technology research and development, high-end environmental protection equipment manufacturing, investment, construction, operation and third-party services of environmental protection projects.

Tianyuan Environmental Protection has been deeply engaged in the environmental governance industry for more than ten years, and is one of the early enterprises specializing in landfill leachate treatment and high-difficulty sewage treatment in China, with environmental protection engineering professional contracting level 1, construction mechanical and electrical installation engineering professional contracting level 2, municipal public works construction general contracting level 3 qualification, with domestic garbage leachate treatment facilities operation service level 1 and urban centralized sewage treatment facilities operation service level 1, water pollution control level A certification certificate, obtained environmental management system, occupational health and safety management system, Quality management system, five-star after-sales service system certification, independent research and development of 8 core technologies, with 59 patents. The company is a well-known brand in the domestic landfill leachate treatment industry and is in the first echelon of the landfill leachate treatment industry.

In recent years, with the continuous introduction of relevant national environmental protection policies and the tightening of supervision, effective governance of the ecological environment governance industry has become the only way to ensure sustainable development. As a high-tech enterprise focusing on landfill leachate and difficult wastewater treatment, Tianyuan Environmental Protection has closely followed the development trend of the industry for more than ten years and has accumulated many local people's governments, environmental sanitation city management departments, public utilities and large urban investment state-owned enterprise customers.

It is worth mentioning that at the moment when the operating performance of Tianyuan Environmental Protection continues to grow, the state has issued important industry-related favorable policies to play a strong role in promoting the future development of Tianyuan Environmental Protection.

In May 2021, the National Development and Reform Commission and the Ministry of Housing and Urban-Rural Development issued the "14th Five-Year Plan for the Development of Urban Domestic Waste Classification and Treatment Facilities", which pointed out that the new domestic waste treatment facilities should be built according to the characteristics of the treatment scale, garbage moisture content, etc., and build leachate treatment facilities with corresponding capabilities.

The important implementation of this policy, the existing domestic garbage treatment facilities should be based on the accumulation of leachate and the operation of leachate treatment facilities, accelerate the filling of the leachate treatment capacity gap, and upgrade the leachate treatment facilities that do not meet the environmental protection standards or cannot be stably operated; In addition, the article also pointed out that it is necessary to promote the construction of a diversified treatment technology system for leachate, focus on increasing the technical research of efficient new processes, and change the traditional single membrane separation and treatment process.

In addition, on February 28 this year, the Ministry of Ecology and Environment issued the "National Standards on Public Solicitation (Draft for Comment)", which supplements the definitions of domestic garbage, biochemical landfills, landfill excavation, leachate recharge and disposal, groundwater collection and drainage systems, centralized sewage treatment implementation, leakage detection layer, urban sewage treatment plants, industrial sewage treatment plants, and direct and indirect discharges.

The traditional 30% concentrate recharge mode is difficult to sustain, and the full quantification of leachate is trending. The full quantitative model has driven the industry volume and price to rise together, the market space has expanded significantly, and the market space is expected to exceed 20 billion yuan / year. Due to the high price of concentrate disposal, the future use of the full quantitative model will directly promote the significant improvement of the leachate industry space, and have a positive role in promoting the development of the company.

In terms of research and development and core technology strength, Tianyuan Environmental Protection tightly grasps the strategic base point of technological innovation, masters more key core technologies, seizes the commanding heights of industry development, and completes the guidance of the market with technology and occupies the market with technology. Due to the difficulty of landfill leachate treatment and the rapid update of technology iteration, the company has continuously increased investment in technology research and development.

Tianyuan Environmental Protection's first annual report: Revenue and net profit continue to grow and continue the trend of high-quality development

Technology research and development continues to advance, new processes, new products continue to emerge.

Strongly supported by national policies, the market demand for providing equipment operation projects is sustainable. At the same time, the company has the advantages of outstanding core competitiveness, strong customer stickiness, and sufficient orders in hand, and the company's business is sustainable.

The report shows that the company has a general contracting project of Changge Chengbei Sewage Treatment Plant and supporting sewage pipe network to be built, and the project is expected to invest 182 million yuan; Mengzhou sludge and fixed waste incineration power generation project, the project is expected to invest 426 million yuan, etc.

It is worth mentioning that according to the latest news, on March 16, 2022, Tianyuan Environmental Protection issued an important announcement that the company received the "Notice of Winning the Bid" from Luzhai Huiyilian Urban Development and Investment Co., Ltd., and determined that the consortium of the company as the leader became the winning bidder of the general contracting project of the first sewage treatment plant renovation and expansion project in Luzhai County, and the winning bid amount was RMB 179,319,576.71.

On March 11, 2022, Tianyuan Environmental Protection announced that the company received the "Notice of Winning the Bid" from the Housing and Urban-Rural Development Bureau of Dali Economic and Technological Development Zone, and determined that the consortium of Tianyuan Environmental Protection as the lead person became the winning bidder of the sewage treatment plant and supporting pipe network project concession project in the patio area of Dali Economic and Technological Development Zone, with a winning bid amount of RMB 885.5176 million.

In the future, Tianyuan Environmental Protection will continue to maintain its dominant position in the field of landfill leachate treatment, improve the research and development level of water environment treatment technology and high-end equipment manufacturing capabilities, especially in the production of integrated modular equipment, and form industrialization and scale; Focus on the full quantitative treatment and resource utilization of landfill leachate, give full play to the advantages of technology and experience, and maintain the company's leading position in the industry; Continue to make use of operation management experience and technical advantages, vigorously develop third-party operation and maintenance services, become an all-round and whole-industry chain professional service provider in the field of leachate and water environment comprehensive treatment, and improve the company's long-term stable income.