YCIC Eco-Technology Co.,Ltd.
002200.SZ · SHZ
Company research
YCIC Eco-Technology Co., Ltd. (002200.SZ) is a China-based company listed on the Shenzhen Stock Exchange, principally engaged in ecological landscape, eco-environmental protection, and ecological habitat businesses. The company's core operations span engineering construction and municipal public utilities, landscaping project design and construction, garden maintenance, ecological restoration, environmental governance, soil and water conservation, as well as soil remediation, heavy metal treatment, and sewage treatment services. It also offers engineering technical consultation services, produces and leases ornamental plants and bonsai, and provides environmental planning, investigation, and evaluation services. Founded in 1996 and headquartered in Kunming, Yunnan Province, the company is controlled by Yunnan Communications Investment Group and operates exclusively within the domestic Chinese market.
Research reports
Uses a suite of intrinsic valuation models to estimate fair value at 2,168 KRW versus a market price of 2,365 KRW, concluding the shares are about 8% overvalued with negative net margin and ROE despite a high quality score of 95/100. The narrative frames a cautious stance, stressing that the market already discounts strong expectations and that entry price discipline is critical even for a high-quality business.
AppleTree Fund (appletree.fund) · June 9, 2026交投生态-002200-机构调研汇总Summarizes a 2026-06-09 performance briefing, highlighting a return to profitability in Q1 2026 (revenue of roughly 1.37 billion CNY and net profit of 0.14 billion CNY), improved gross margin and a reduced asset-liability ratio of 47.42% alongside an annual revenue target above 8 billion CNY. The note is constructive on order quality, backlog around 20 billion CNY, “ecology+” expansion areas, post-restructuring capital injection plans, and restored financing channels, presenting an optimistic view of the company’s strategic trajectory and balance-sheet repair.