---
title: "Xinjiang Tianye Water Saving Irrigation System Company Limited (00840.HK)"
type: "quote"
locale: "en"
url: "https://longbridge.com/en/quote/00840.HK.md"
symbol: "00840.HK"
name: "Xinjiang Tianye Water Saving Irrigation System Company Limited"
industry: "Agricultural and Farm Machinery"
---

# Xinjiang Tianye Water Saving Irrigation System Company Limited (00840.HK)

| Item | Detail |
|------|--------|
| Industry | Agricultural and Farm Machinery |
| Location | HK Market |
| Website | [www.tianyejieshui.com.cn](https://www.tianyejieshui.com.cn) |

## Company Profile

Xinjiang Tianye Water Saving Irrigation System Company Limited designs, manufactures, and sells drip tapes, PVC/PE pipelines, and drip assemblies for use in agricultural water saving irrigation systems in the People's Republic of China. The company is also involved in provision of installation servi...

## Financial Score

> *Longbridge Financial Score™ — Proprietary multi-factor rating model by [Longbridge](https://longbridge.com). This score is independently calculated by Longbridge and is not affiliated with any third-party rating agency.*
> Updated: 2026-02-16T04:30:10.000Z

**Overall: D (0.75)**

**Industry**: Agricultural and Farm Machinery

| Metric | Value |
|--------|-------|
| Industry Ranking | 2 / 2 |
| Industry Median | D |
| Industry Average | D |

- **Style**: Value - Stocks where the company's main business is in a mature stage.
- **Scale**: Small - The company's operation has a high degree of growth and volatility, making it easy to achieve high investment returns.

### Score Analysis

**Style Score**: 

#### Growth Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | -65.23% |  |
| Net Profit YoY | -1846.04% |  |

#### Value Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| P/B Ratio | 0.26 |  |
| Dividend Ratio | 0.00% |  |


**Size Score**: 

#### Market Cap Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 103.88M |  |

#### Revenue Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue | 868.50M |  |


**Multi Score**: D

#### Profit Score: E

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | -17.72% | E |
| Profit Margin | -8.94% | D |
| Gross Margin | 7.70% | E |

#### Growth Score: E

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | -65.23% | E |
| Net Profit YoY | -1846.04% | E |
| Total Assets YoY | -15.37% | E |
| Net Assets YoY | -13.46% | E |

#### Cash Score: E

| Indicator | Value | Rating |
|-----------|-------|--------|
| Cash Flow Margin | -1118.14% | E |
| OCF YoY | -65.23% | E |

#### Operating Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| Turnover | 0.62 | B |

#### Debt Score: D

| Indicator | Value | Rating |
|-----------|-------|--------|
| Gearing Ratio | 66.12% | D |


```chart-data:radar
{
  "title": "Longbridge Financial Score - Xinjiang Tianye Water Saving Irrigation System Company Limited",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Profit",
      "grade": "E",
      "indicators": [
        {
          "name": "ROE",
          "value": "-17.72%",
          "rating": "E"
        },
        {
          "name": "Profit Margin",
          "value": "-8.94%",
          "rating": "D"
        },
        {
          "name": "Gross Margin",
          "value": "7.70%",
          "rating": "E"
        }
      ]
    },
    {
      "name": "Growth",
      "grade": "E",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-65.23%",
          "rating": "E"
        },
        {
          "name": "Net Profit YoY",
          "value": "-1846.04%",
          "rating": "E"
        },
        {
          "name": "Total Assets YoY",
          "value": "-15.37%",
          "rating": "E"
        },
        {
          "name": "Net Assets YoY",
          "value": "-13.46%",
          "rating": "E"
        }
      ]
    },
    {
      "name": "Cash",
      "grade": "E",
      "indicators": [
        {
          "name": "Cash Flow Margin",
          "value": "-1118.14%",
          "rating": "E"
        },
        {
          "name": "OCF YoY",
          "value": "-65.23%",
          "rating": "E"
        }
      ]
    },
    {
      "name": "Operating",
      "grade": "B",
      "indicators": [
        {
          "name": "Turnover",
          "value": "0.62",
          "rating": "B"
        }
      ]
    },
    {
      "name": "Security",
      "grade": "D",
      "indicators": [
        {
          "name": "Gearing Ratio",
          "value": "66.12%",
          "rating": "D"
        }
      ]
    }
  ]
}
```

### Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
|------|------|--------|--------|-----------|----------|------|--------|
| 01 | FIRST TRACTOR (HK.38) | B | D | B | C | C | C |
| 02 | TIANYE WATER (HK.840) | E | E | B | D | E | D |

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | -1.25 | 2/2 | - | - | - |
| PB | 0.24 | 1/2 | 0.28 | 0.25 | 0.19 |
| PS (TTM) | 0.11 | 1/2 | 0.13 | 0.07 | 0.05 |
| Dividend Yield | 0.00% | - | - | - | - |

## References

- [Company Overview](https://longbridge.com/en/quote/00840.HK/overview.md) - Shareholders, executives, business segments
- [Financials](https://longbridge.com/en/quote/00840.HK/norm.md) - Income statement, balance sheet, cash flow, distribution plan
- [Topics & Discussions](https://longbridge.com/en/quote/00840.HK/topics.md) - Community topics and discussions

---

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