Beijing SinoHytec Co., Ltd.

Beijing SinoHytec Co., Ltd.

2402.HK
Beijing SinoHytec Co., Ltd.HK flagHong Kong Stock Exchange
13.40
HKD
+0.49
- -
599.58MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
0.51
1.53
2.76
1.69
2.9
3.95
3.52
3.23
3.76
4.87
1.58
1.18
1.22
Basic EPS, GAAP
- -
0.01
1.52
- -
0.24
0.18
0.46
-0.14
-0.83
-0.85
-1.48
-1.97
-3.06
-2.06
Free Cash Flow per Basic Share
- -
-0.08
-0.28
-2.12
-1.74
-1.49
-2.22
-2.21
-1.79
-2.53
-3.86
-0.23
-0.25
-0.14
Dividend per Share
- -
- -
- -
- -
0.01
0.02
0.03
0.05
0.03
0.03
0.07
0.09
0.07
0.08
Book Value per Share
- -
0.26
0.44
0.46
0.64
0.74
1.15
0.95
-0.03
-0.74
-1.96
-3.08
-6.27
-3.77
Tangible Book Value per Share
- -
0.18
3.68
6.22
5.62
5.79
7.45
13.88
13.67
12.57
18.92
10.92
8.82
10.08
Basic Weighted Avg Shares
- -
30
35
50
119
127
140
163
195
196
164
232
219
233
Sales/Revenue/Turnover
5
15
54
138
201
368
554
572
629
738
801
367
259
285
Operating Margin (%)
-57.13
2.35
4.23
3.59
9.19
13.56
9.92
11.83
-4.06
-14.06
-19.88
-78.02
-84.99
-103.66
Depreciation Expense
1
1
3
4
6
10
20
25
42
75
92
110
115
- -
Net Income, GAAP
-3
- -
54
- -
29
23
64
-23
-162
-167
-243
-456
-671
-478
Effective Tax Rate (%)
- -
- -
- -
209.39
12.55
14.93
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-62.87
1.43
99.29
-0.13
14.22
6.27
11.55
-3.94
-25.73
-22.59
-30.37
-124.48
-259.61
-167.99
Working Capital
10
10
13
198
474
456
732
1,826
1,755
1,432
2,019
1,522
1,272
1,404
LT Debt
- -
- -
- -
- -
- -
- -
- -
28
4
34
21
22
2
16
Total Equity
6
11
140
320
681
749
1,146
2,421
2,893
2,744
3,407
2,843
2,170
2,643
Return on Invested Capital (%)
- -
- -
- -
-2.22
2.98
5.36
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
1.68
26.82
15.95
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
3.12
457.14
-0.94
57.63
27.1
49.93
-14.24
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
789
675
488
LT Borrowings
10
10
10
LT Finance Leases
12
10
6
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
232
232
232
Market Capitalization
4,515
5,259
4,774

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
3,277
3,052
2,845
Cash, Cash Equivalents & STI
1,450
1,251
1,137
Accounts Receivable, Net
1,548
1,518
1,478
Inventories
193
197
161
Total Current Liabilities
1,755
1,600
1,441
Payables & Accruals
- -
- -
- -
ST Debt
789
675
488
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
41.4%
-0.35%
-23.7%
Free Cash Flow
109.35%
-4.42%
2.3%
Net Income, GAAP
-1,513.87%
160.49%
47.05%
Sales/Revenue/Turnover
28.87%
-9.59%
-29.49%
Total Cash Common Dividend
- -
24.22%
-25.71%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
13
141
163
50
367
2025
11
61
155
- -
259
2026
17
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.39
- -
- -
- -
-1.97
2025
-0.4
- -
- -
- -
-3.06
2026
-0.21
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
- -
- -
- -
0.09
2025
0.02
- -
- -
- -
0.07
2026
0.01
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Guoqiang Zhang
Full Time Employees
482
Sector
Consumer Cyclical
Industry
Auto - Parts
Address
Building B-6, Block C, Beijing BJ People's Republic of China 100192
IPO Date
Jan 13, 2023
Business
Beijing SinoHytec Co., Ltd. engages in the development and manufacture of hydrogen fuel cell systems and related components for heavy-duty and commercial vehicle applications, as well as stationary power, with a focus on integrating fuel cell stacks, modules, and balance-of-plant systems into turnkey powertrains and energy solutions; the company commercializes its technology through direct product sales, engineering services, after-sales support, and licensing arrangements, targeting OEMs, fleets, and integrators across China and select international markets; headquad is Shanghai-based and publicly listed on the Shanghai STAR Market under the ticker 688339.SS, with headquarters in Beijing, and it operates a vertically integrated product platform including PEM fuel cell stacks, bipolar plates, complete fuel cell engines, vehicle controllers, intelligent DC/DC converters, electrolyzers, CHP units, test systems, and associated IT and data services; founding year is 2012, and it concentrates on clean-energy propulsion and distributed power solutions as part of China’s hydrogen energy strategy; its geographic footprint covers domestic manufacturing and deployment efforts in China with ongoing partnerships and project engagements that extend its reach to commercial vehicle OEMs, logistics fleets, and municipal operators; subsidiaries and strategic relationships exist within its corporate structure to support scale-up, manufacturing capability expansion, and integrated service networks; the company’s latest major changes include ongoing partnerships with automotive OEMs and fleet operators to advance hydrogen fuel cell powertrains, continued capacity expansion to meet rising demand for heavy-duty and commercial vehicle applications, and new or expanded product offerings in power electronics, fuel cell laboratories testing platforms, and integrated lab-to-vehicle solutions to accelerate commercialization; in summary, SinoHytec supplies a comprehensive suite of hydrogen energy systems and components—stacks, engines, balance-of-plant systems, testing and IT solutions—alongside design, systems integration, after-sales services, and licensing collaborations, while pursuing strategic partnerships, capacity growth, and expanded market engagement to advance its role in the hydrogen economy.