28.08.2013 ZhongDe Waste Technology AG  DE000ZDWT018

DGAP-News: ZhongDe Waste Technology AG: Improved but still weak financial results in H1 2013 despite increased order backlog


 
DGAP-News: ZhongDe Waste Technology AG / Key word(s): Half Year Results ZhongDe Waste Technology AG: Improved but still weak financial results in H1 2013 despite increased order backlog 28.08.2013 / 14:40 --------------------------------------------------------------------- Results H1 2013 ZhongDe Waste Technology AG: Improved but still weak financial results in H1 2013 despite increased order backlog * Revenues went down by 48.4 per cent to 2.6 million Euros * EBIT improved by 18.1 per cent to -2.8 million Euros * Net Loss improved by 21.4 per cent to 3.2 million Euros * Significant increase of order backlog to 248.7 million Euros * Comfortable cash position of 95.0 million Euros Frankfurt, August 28, 2013 - The slow progress in the completion of the current BOT projects and the temporary suspension of some of ZhongDe's EPC projects had a negative impact on the results of the first six months 2013. With regard to the company's order backlog having increased by 75.2 per cent mainly due to the successful signing of the new large Wuhai EPC contract at the end of June 2013 as well as due to the BOT project in Lanzhou, ZhongDe looks cautiously optimistic into the future. In the first half-year 2013 ZhongDe's revenues went down year-on-year by 48.4 per cent to 2.6 million Euros (H1 2012: 4.9 million Euros). This decrease was mainly related to the slow progress of the construction of the three BOT projects in Zhoukou, Kunming and Xianning. Also the two EPC projects in Zhucheng and Dingzhou have been temporarily suspended. Gross profit decreased by 59.9 per cent to 0.2 million Euros (H1 2012: 0.4 million Euros) partly due to changes in the accounting method for BOT projects. Nevertheless, thanks to the strict reduction of selling and distribution costs by 72.2 per cent, ZhongDe could improve EBIT by 18.1 per cent to -2.8 million Euros (H1 2012: -3.5 million Euros) and reduce its net loss from 4.1 million Euros by 0.8 million Euros to 3.3 million Euros in the first half-year 2013. Strong order backlog and comfortable cash position ZhongDe's order backlog increased significantly by 75.2 per cent to 248.7 million Euros compared to June 30, 2012, which was mainly a result of the new contract of the Wuhai EPC project amounting to 42.0 million Euros as well as due to the BOT project in Lanzhou, which contributed with 140.4 million Euros to the order backlog since June 2012. With a cash position of 95.0 million Euros ZhongDe is still well prepared for further BOT investments and project financing. Also ZhongDe's equity remained stable amounting to 112.2 million Euros as of June 30, 2013 (December 31, 2012: 112.8 million Euros), representing an equity ratio of 54.7 per cent (31 December 2012: 56.2 per cent). Modest outlook With regard to the full year 2013, ZhongDe estimates to further benefit from the huge market potential for the energy-from-waste industry in China. All in all, ZhongDe expects the second half-year of 2013 to remain a transition period, in which the company expects to finalize its existing two BOT projects (Zhoukou and Xianning), start their trial operations, restart the suspended two EPC projects (Dingzhou and Zhucheng), and continue the preparation for the new projects in Lanzhou and Wuhai. Please find the complete H1 Report 2013 of ZhongDe Waste Technology AG on the company's website under the following link: http://www.zhongde-ag.com/investor_relations/publikationen.html About ZhongDe Group ZhongDe Group designs, invests, constructs, finances and operates energy-from-waste plants generating electricity from the incineration of solid municipal and industrial waste. ZhongDe realises either EPC (Engineering, Procurement and Construction) or BOT (Build, Operate and Transfer) projects, focusing on large-scale plants with waste disposal capacities of around 1,000 tons per day. Since 1996, ZhongDe Group has installed approximately 200 waste incinerators in 13 provinces throughout China. ZhongDe is one of the leading players in the project development and operation of energy-from-waste plants in China. Contact ZhongDe Waste Technology AG William Jiuhua Wang Executive Director and CFO E-Mail: [email protected] Ying Sun Investor Relations Messeturm 25th floor Friedrich-Ebert-Anlage 49 60308 Frankfurt am Main T: +49 69 50956 5655 F: +49 69 50956 5520 E-Mail: [email protected] Kirchhoff Consult AG Nicole Schüttforth Investor Relations Consultant T: +49 40 60 91 86 64 F: +49 40 60 91 86 60 E-Mail: [email protected] End of Corporate News --------------------------------------------------------------------- 28.08.2013 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: ZhongDe Waste Technology AG Messeturm 25th floor 60308 Frankfurt Germany Phone: + 49 69 50956 5655 Fax: + 49 69 50956 5520 E-mail: [email protected] Internet: www.zhongde-ag.de ISIN: DE000ZDWT018 WKN: ZDWT01 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 227891 28.08.2013


Die wichtigsten Finanzdaten auf einen Blick
  2016 2017 2018 2019 2020 2021 2022e
Umsatzerlöse1 0,00 0,00 0,00 0,00 0,00 0,00 0,00
EBITDA1,2 0,00 0,00 0,00 0,00 0,00 0,00 0,00
EBITDA-Marge3 0,00 0,00 0,00 0,00 0,00 0,00 0,00
EBIT1,4 0,00 0,00 0,00 0,00 0,00 0,00 0,00
EBIT-Marge5 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Jahresüberschuss1 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Netto-Marge6 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Cashflow1,7 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Ergebnis je Aktie8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Dividende8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de und Firmenangaben

1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer:

INVESTOR-INFORMATIONEN
©boersengefluester.de
WKN Kurs in € Einschätzung Börsenwert in Mio. €
0,000 0,00
KGV 2023e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
0,00 0,00 0,00 0,00
KBV KCV KUV EV/EBITDA
0,00 0,00 0,00 0,00
Dividende '20 in € Dividende '21e in € Div.-Rendite '21e
in %
Hauptversammlung
0,00 0,00 0,00
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
0,00% 0,00% 0,00% 0,00%
    
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu ZhongDe Waste Technology AG  ISIN: DE000ZDWT018 können Sie bei DGAP abrufen


Maschinen-/Anlagenbau , ZDWT01