Waste Sector Earnings Diverge: Yiqiu Up 510%-800%, Zhongzai Loss; 15th Plan Backs 200 No-Waste Cities
The solid waste treatment industry is showing pronounced earnings divergence in 2026 interim results. Resource recovery companies benefited from higher metal prices: Yiqiu Resources forecasts a net profit increase of 510% to 800%, while Dongjiang Environmental narrowed its loss by 2.94% to 10.13% versus 2025. Traditional waste and sanitation firms faced structural pressure, with Zhongzai Environmental expecting a loss. Hanlan Environment posted a 34.25% revenue rise and 24.63% profit gain. The new 15th Five-Year Plan for solid waste pollution control supports about 200 zero-waste city projects.
As listed companies' 2026 interim results forecasts are released intensively, the solid waste treatment industry shows structural divergence. A review of forecasts and flash reports from multiple listed companies, including Genon Environmental, Zhongshan Public Utilities, and Hanlan Environment, shows that benefiting from rising metal commodity prices, companies in the resource recovery segment generally achieved high year-on-year profit growth. Meanwhile, some traditional solid waste companies focused on appliance dismantling and municipal sanitation saw relatively flat performance, affected by structural adjustments in policy-related income and accounts receivable cycles. Specifically, Yiqiu Resources forecasts a net profit increase of 510% to 800% year on year, while Zhongzai Environmental forecasts a loss.
Why this event matters
The event has a measured impact on 1 industry. The strongest current signal is mixed for Resource Recycling, with intensity 65/100 and 85% confidence over a medium term horizon.
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.