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Largest Waste & Environmental Services Public Companies in China
Benchmark revenue and EBITDA valuation multiples for public comps like
Canmax Technologies, GEM, Weiming Group, China Everbright and Fujian Longking.
 | Canmax Technologies Co Ltd is engaged in Research and development, production and sales of new energy lithium battery materials products, anti-static ultra-clean technology products and medical equipment products. | $12 | +320% | $10B | $10B | 8.9x | 56.1x | ||
| GEM Co Ltd is engaged in Waste battery recycling and power battery material manufacturing business, cobalt, nickel, and tungsten recycling and cemented carbide manufacturing business, renewable resources business, and environmental management business. | $1 | +18% | $6B | $9B | 1.7x | 11.3x | ||
| Zhejiang Weiming Environment Protection Co Ltd is a China-based company engaged in the solid waste disposal business. It is focused on solid waste-related technological development, equipment manufacturing and sales, project investment, project construction, and operational management. The company is also engaged in waste incineration power generation projects. The company's products include waste incineration grates, boilers, and flue gas treatment systems. | $2 | -23% | $4B | $5B | 5.5x | 9.7x | ||
| China Everbright Environment Group Ltd engages in construction and operation of environmental energy and water projects such as waste-to-energy plants, food and kitchen waste treatment projects, and sludge treatment and disposal projects. It also provides waste sorting, renewable resources utilization, and sanitation operation services. The company has several segments including Environmental energy project construction and operation, Greentech project construction and operation, Environmental water project construction and operation, and Others. | $1 | +30% | $4B | $14B | 3.9x | 10.6x | ||
| Fujian Longking Co Ltd is a atmospheric environmental protection equipment manufacturing company.It researches, develops, manufactures, and sells electrostatic precipitators, flue gas desulfuration units, air pollution control equipment, and other environmental protection products. | $2 | +42% | $3B | $4B | 2.1x | 12.8x | ||
| Shenzhen Expressway Corp Ltd is a Company engaged in the construction, operation, management, and investment of toll highways and environmental protection in China. Environmental protection mainly includes recycling and treating solid waste and clean energy power generation. The group has identified two reporting segments, namely the toll road segment and the environmental protection segment. The toll road segment takes charge of the operation and management of toll roads in Mainland China. The environmental protection segment operates and manages environmentally related infrastructure, mainly including solid waste treatment, clean energy, and other related fields. The majority of its revenue is derived from the Toll segment. | $1 | -13% | $3B | $6B | 4.7x | 8.8x | ||
| China Tianying Inc is an environmental protection and new energy enterprise. The company is engaged in the investment, build, operation and maintenance of MSW incineration power generation and steam manufacture, sludge treatment, food waste treatment, hazardous waste treatment, construction waste treatment, wastewater treatment and others. Its services include Research and Design, Urban Services, Disposal and Recycling, Equipment and Platforms and New Energy. | $1 | -- | $2B | $3B | 4.5x | 13.5x | ||
| Shanghai Environment Group Ltd is a solid waste integrated service provider. It deals with the disposal and disposal of municipal solid waste, municipal sewage, hazardous waste, municipal sludge, kitchen waste and contaminated soil. Further, the group is engaged in providing high-efficiency, high-tech, high-standard one-stop services and package solutions such as including consulting, investment, construction, and operations to governments and customers. Geographically the business activities are carried out through China. | $1 | -4% | $1B | $3B | 3.1x | 11.5x | ||
| WF International Ltd is engaged in the provision of supply, installation, fitting-out and maintenance services for HVAC system and floor heating systems. It provides the supply, installation and fitting-out services for HVAC systems for large-scaled commercial projects consisting of offices, hotels, manufactures, airports and hospitals, such as the International Finance Square HVAC projects across China, Chengdu Vanke Charm City, Chengdu Raffles Plaza, Chengdu Yinshi Plaza, Chengdu Metro No. Ten Line, and Panzhihua Jinhai Hotel. | $6 | +122% | $7M | $7M | 0.6x | (2.6x) | ||
| Decent Holding Inc through its subsidiary specializes in the provision of wastewater treatment by cleansing the industrial wastewater, ecological river restoration and river ecosystem management by enhancing the water quality, as well as microbial products used for pollutant removal and water quality enhancement. Its main services and products include (1) wastewater treatment, (2) river water quality management, and (3) microbial products for water quality enhancement and pollutant cleansing purposes. The company's focus is on research and development (R&D) to sharpen its innovation edge. | $3 | +146% | $6M | $6M | 0.4x | (160.0x) | ||
| Median | $2 | +30% | $3B | $4B | 3.5x | 11.0x |
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