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
Beijing SinoHytec Co., Ltd.
2402.HK
(Hong Kong Stock Exchange)

Recent

price

13.40

P/E

ratio

- -

div

yld

- -

ROIC.AI

2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
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
Revenue per Share
- -
0.01
1.52
- -
0.24
0.18
0.46
-0.14
-0.83
-0.85
-1.48
-1.97
-3.06
-2.06
Basic EPS, GAAP
- -
-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
Free Cash Flow per Basic Share
- -
- -
- -
- -
0.01
0.02
0.03
0.05
0.03
0.03
0.07
0.09
0.07
0.08
Dividend 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
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
Tangible Book Value per Share
- -
30
35
50
119
127
140
163
195
196
164
232
219
233
Basic Weighted Avg Shares
5
15
54
138
201
368
554
572
629
738
801
367
259
285
Sales/Revenue/Turnover
-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
Operating Margin (%)
1
1
3
4
6
10
20
25
42
75
92
110
115
- -
Depreciation Expense
-3
- -
54
- -
29
23
64
-23
-162
-167
-243
-456
-671
-478
Net Income, GAAP
- -
- -
- -
209.39
12.55
14.93
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-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
Profit Margin (%)
10
10
13
198
474
456
732
1,826
1,755
1,432
2,019
1,522
1,272
1,404
Working Capital
- -
- -
- -
- -
- -
- -
- -
28
4
34
21
22
2
16
LT Debt
6
11
140
320
681
749
1,146
2,421
2,893
2,744
3,407
2,843
2,170
2,643
Total Equity
- -
- -
- -
-2.22
2.98
5.36
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
1.68
26.82
15.95
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
3.12
457.14
-0.94
57.63
27.1
49.93
-14.24
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

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
- -
- -
- -
- -
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.