An air conditioning equipment includes a housing comprising a heat exchanger therein, a water container mounted to, and dismounted from a receiving portion of the housing and to collect a condensate generated by the heat exchanger, and a valve configured to selectively open and close a discharge port by being interfered with a portion of the water container according to the mounting and the dismounting of the water container to or from the receiving portion of the housing. The valve is inserted within the receiving portion of the housing through the discharge port in order to reduce a protruded length that is interfered by the portion of the water container.