CDTGNasdaqSanitary ServicesUS GAAP · USD

CDT Environmental Technology Investment Holdings Ltd

CDT Environmental Technology Investment Holdings Ltd is a Shenzhen-based environmental technology company focused on sewage and waste-water treatment in China. Its business spans the design, manufacture, installation, operation, and maintenance of treatment systems, together with related treatment services for municipal and industrial customers.

Liikevaihto18,2milj. USD
−38,8 %v/v
Liikevoitto (EBIT)−11,7milj. USD
−683,1 %v/v
EBIT-marginaali−63,9%
−70,6 %-yks.v/v
Nettotulos−10,2milj. USD
−801,7 %v/v
Vapaa kassavirta−1,5milj. USD
+25,0 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2021–2025

−20−10010203040milj. USD2021: 24 milj. USD2021: EBIT 7,6 milj. USD20212022: 29 milj. USD2022: EBIT 6,4 milj. USD20222023: 34 milj. USD2023: EBIT 8,6 milj. USD20232024: 30 milj. USD2024: EBIT 2,0 milj. USD20242025: 18 milj. USD2025: EBIT −12 milj. USD202518−12
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Sewage treatment systems45 %

Engineered systems for treating municipal and other wastewater streams.

Wastewater equipment sales20 %

Manufactured treatment equipment and related components sold into projects.

Installation and commissioning15 %

On-site integration, setup, and start-up of treatment facilities.

Operation and maintenance services15 %

Ongoing facility operation, servicing, and maintenance contracts.

Other environmental solutions5 %

Adjacency services and project-related environmental technology work.

Tuotteet

Raportoitu · osuus liikevaihdosta
94,8%FY2025100 %
  • Sewage Treatment Systems94,8 %
  • Sewage Treatment Services and Others5,2 %

Lähde: 20-F FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

CDT sells primarily to municipal end markets in China, where local governments and public utilities need wastewater infrastructure and ongoing plant operations. It also serves industrial and other infrastructure customers that require treatment systems, turnkey project delivery, and long-term operating support. The business model depends on customers that value complete engineering solutions rather than stand-alone equipment purchases.

Municipal governments

Buy sewage treatment systems and services for public infrastructure and compliance.

Public utilities and water operators

Procure installation, operations, and maintenance for wastewater facilities.

Industrial customers

Purchase treatment systems and services to manage process wastewater.

Project owners and contractors

Use CDT for engineered solutions and project execution on treatment plants.

Strategia

CDT’s strategy centers on using its wastewater engineering base to win municipal projects and deepen long-term customer relationships through operations and maintenance. The company also highlights strategic partnerships and a new energy development direction linked to China’s dual-carbon goals, which can broaden its addressable market beyond core sewage treatment work. Backlog and project bidding remain important to near-term execution because the business is project-led and depends on converting pipeline opportunities into contracted work.

Grow municipal project winsLyhyt aikaväli

Project awards drive equipment, installation, and service revenue in a project-led market.

Expand recurring servicesKeskipitkä aikaväli

Operations and maintenance can stabilize revenue versus one-time project delivery.

Broaden into dual-carbon and new energy adjacencyKeskipitkä aikaväli

Adjacencies can diversify the revenue base and reduce dependence on one end market.

Maantiede

CDT’s business is concentrated in China, with headquarters in Shenzhen and project activity across the country. The company states that it has completed more than 150 plants in China, indicating a nationally distributed operating footprint rather than one single local market. Its exposure is therefore tied to Chinese municipal spending, environmental regulation, and regional project execution conditions.

Riskit

CDT is exposed to project concentration, because wastewater businesses often rely on a limited number of municipal contracts and timely project execution. It also faces policy, funding, and competitive risks tied to Chinese infrastructure spending and environmental regulation, while its U.S.-listed structure adds capital markets and compliance sensitivity. As a project-and-service business, delays, cancellations, or weak bid conversion can materially affect revenue timing and backlog conversion.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Municipal project concentration1Project execution and acceptance risk2Regulatory and policy dependence3Listing and capital markets compliance4
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Municipal project concentrationVaikutus: KorkeaTodennäköisyys: Korkea

    Revenue depends on a limited set of public infrastructure buyers and contract awards.

    Kohdistuu: China municipal end markets

  2. Project execution and acceptance riskVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Engineering and installation work can be delayed by site conditions, approvals, or testing.

    Kohdistuu: Turnkey wastewater projects

  3. Regulatory and policy dependenceVaikutus: KeskitasoTodennäköisyys: Korkea

    Demand is influenced by environmental compliance standards and public infrastructure budgets.

    Kohdistuu: China environmental policy

  4. Listing and capital markets complianceVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    As a Nasdaq-listed foreign issuer, the company must maintain market and reporting compliance.

    Kohdistuu: Nasdaq listing

Kysy Clarifolta: CDT Environmental Technology Investment Holdings Ltd

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition on multi-element projects

Contracts can include design, manufacturing, installation, and services with different timing of recognition.

Vaikutus: Can shift revenue between periods and affect margins

Accounts receivable and credit losses

Project businesses often invoice on milestones and may carry balances before cash collection.

Vaikutus: Affects reported earnings and working capital

Contract estimates and provisions

Completion estimates, claims, and warranty obligations can require management judgment.

Vaikutus: Can change project profitability and liabilities

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 28.9.2026

CDT Environmental Technology Investment Holdings Ltd (CDTG) liikevaihto, tulos ja tunnusluvut 2025 – Clarifo