---
title: "Grandblue Environment Co.,Ltd. (600323.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/600323.SH.md"
symbol: "600323.SH"
name: "Grandblue Environment Co.,Ltd."
industry: "Water Utilities"
datetime: "2026-05-20T10:40:02.576Z"
locales:
  - [en](https://longbridge.com/en/quote/600323.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/600323.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/600323.SH.md)
---

# Grandblue Environment Co.,Ltd. (600323.SH)

## Company Overview

Grandblue Environment Co., Ltd. engages in the water supply, drainage, solid waste treatment, and energy businesses in China. The company provides water intake, water production, water transmission, and drinking water services; and sewage treatment, and pipeline network operation and maintenance services, as well as manages and controls wastewater plants, draining pipeline networks, and pumping stations. It also engages in the waste incineration power generation, sludge disposal, fly ash disposal, ash landfill, waste landfill, solid waste environmental protection engineering, and sanitation; pipeline natural gas, bottled gas, hydrogen, and other multi-energy supply; and asset management businesses.

| Item | Detail |
|------|--------|
| Industry | Water Utilities |
| Exchange | CN Market |
| Website | [www.grandblue.cn](https://www.grandblue.cn) |

## Key Drivers
> *AI-analyzed key factors driving this stock's performance*


## Longbridge Financial Score™: C
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-05-20T04:30:09.000Z

**Overall: C (0.41)**

**Industry**: Water Utilities

| Metric | Value |
|--------|-------|
| Industry Ranking | 3 / 23 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Blend - Stocks in which the company has both growth and mature businesses.
- **Scale**: Mid - The company has stable operation of a large-cap stock and the high return of a small-cap stock.

**Multi Score**: C

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 27.37% |  |
| Net Profit YoY | 25.19% |  |
| P/B Ratio | 1.66 |  |
| Dividend Ratio | 3.40% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 25214535999.30 |  |
| Revenue | 15019385405.78 |  |

#### Multi Score Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 14.69% | A |
| Profit Margin | 14.22% | B |
| Gross Margin | 38.01% | B |
| Revenue YoY | 27.37% | A |
| Net Profit YoY | 25.19% | B |
| Total Assets YoY | 53.41% | A |
| Net Assets YoY | 17.33% | B |
| Cash Flow Margin | 183.29% | B |
| OCF YoY | 27.37% | A |
| Turnover | 0.29 | D |
| Gearing Ratio | 68.97% | D |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Grandblue Environment Co.,Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "27.37%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "25.19%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "1.66",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "3.40%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "25214535999.30",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "15019385405.78",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "14.69%",
          "rating": "A"
        },
        {
          "name": "Profit Margin",
          "value": "14.22%",
          "rating": "B"
        },
        {
          "name": "Gross Margin",
          "value": "38.01%",
          "rating": "B"
        },
        {
          "name": "Revenue YoY",
          "value": "27.37%",
          "rating": "A"
        },
        {
          "name": "Net Profit YoY",
          "value": "25.19%",
          "rating": "B"
        },
        {
          "name": "Total Assets YoY",
          "value": "53.41%",
          "rating": "A"
        },
        {
          "name": "Net Assets YoY",
          "value": "17.33%",
          "rating": "B"
        },
        {
          "name": "Cash Flow Margin",
          "value": "183.29%",
          "rating": "B"
        },
        {
          "name": "OCF YoY",
          "value": "27.37%",
          "rating": "A"
        },
        {
          "name": "Turnover",
          "value": "0.29",
          "rating": "D"
        },
        {
          "name": "Gearing Ratio",
          "value": "68.97%",
          "rating": "D"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 11.81 | 4/23 | 12.85 | 12.55 | 12.12 |
| PB | 1.66 | 15/23 | 1.69 | 1.64 | 1.55 |
| PS (TTM) | 1.68 | 6/23 | 1.88 | 1.83 | 1.75 |
| Dividend Yield | 3.40% | 5/23 | 3.65% | 3.48% | 2.91% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | BESTOO (001376.SZ) | B | C | B | B | C | B |
| 02 | Kingfore Energy (001210.SZ) | B | B | C | B | B | B |
| 03 | GRANDBLUE ENV (600323.SH) | B | A | D | D | B | C |
| 04 | Chongqing Water (601158.SH) | C | C | D | C | B | C |
| 05 | XREC (000598.SZ) | B | C | D | D | C | C |

## Institutional View

### Analyst Rating Distribution

> As of 2026-04-28T16:00:00.000Z

Total Analysts: **5**

| Rating | Count | Percentage |
|--------|-------|-----------| 
| Buy | 4 | 80% |
| Overweight | 1 | 20% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 30.49 |
| Highest Target | 42.98 |
| Lowest Target | 38.85 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/600323.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/600323.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/600323.SH/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/600323.SH/filings.md)

---

> **Disclaimer: This article is for reference only and does not constitute any investment advice.**