Denox Environmental & Technology Holdings Limited

Denox Environmental & Technology Holdings Limited

HHKEX:1452
0.13
HKD
-0.02
(-12.58%)
41.44MMarket Cap
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
0.72
0.45
0.14
0.1
0.11
0.12
0.13
0.14
0.13
0.26
0.19
0.32
- -
Basic EPS, GAAP
0.24
0.08
-0.12
-0.15
-0.08
-0.08
-0.04
-0.02
-0.05
-0.05
-0.06
-0.03
- -
Free Cash Flow per Basic Share
0.08
-0.14
-0.14
-0.07
-0.08
-0.05
-0.06
-0.06
-0.02
-0.01
-0.03
0.03
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.16
0.9
0.8
0.64
0.57
0.5
0.45
0.42
0.38
0.33
0.22
0.19
0.22
Tangible Book Value per Share
0.13
0.87
0.73
0.57
0.52
0.49
0.44
0.42
0.38
0.33
0.22
0.19
0.22
Basic Weighted Avg Shares
301
334
500
500
499
495
494
494
494
494
586
593
593
Sales/Revenue/Turnover
217
150
70
48
54
62
65
71
63
126
109
189
- -
Operating Margin (%)
39.76
-5.28
-82.53
-148.69
-81.58
-70.63
-27.22
-38.15
-39.5
-21.4
-31.39
-5.92
- -
Depreciation Expense
7
6
26
28
18
9
7
7
8
8
8
8
- -
Net Income, GAAP
74
26
-60
-73
-40
-40
-21
-12
-24
-25
-37
-17
- -
Effective Tax Rate (%)
14.65
18.16
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
33.86
17.08
-86.58
-150.98
-72.96
-65.09
-32.46
-17.21
-37.48
-20.12
-34.26
-9.12
- -
Working Capital
15
383
305
242
221
199
157
152
139
122
90
79
90
LT Debt
- -
- -
- -
- -
- -
1
3
4
2
2
7
10
7
Total Equity
81
449
415
335
298
261
235
208
189
164
131
111
131
Return on Invested Capital (%)
- -
-2.24
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
9.64
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
9.64
-14.2
-20.17
-13.08
-15.08
-8.99
-5.73
-11.88
-14.42
-25.3
-14.24
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
ST Debt
4
13
13
LT Borrowings
2
2
- -
LT Finance Leases
- -
- -
7
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
494
593
593
Market Capitalization
29
44
39

Working Capital

CNY

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
Total Current Assets
325
374
387
Cash, Cash Equivalents & STI
68
66
60
Accounts Receivable, Net
23
15
17
Inventories
220
271
298
Total Current Liabilities
203
261
297
Payables & Accruals
- -
- -
- -
ST Debt
4
13
13
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-12.93%
-13.83%
-15.08%
Free Cash Flow
5.84%
13.08%
-202.46%
Net Income, GAAP
-35.7%
10.19%
-53.74%
Sales/Revenue/Turnover
10.62%
31.88%
73.69%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
126
2024
- -
- -
109
2025
- -
- -
189

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.05
2024
- -
- -
-0.06
2025
- -
- -
-0.03

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

CEO
Shu Zhao
Full Time Employees
189
Sector
Process industries
Industry
Chemicals: major diversified
Address
Room 1506-1 Beijing BE China 100070
IPO Date
Nov 12, 2015
Business
Denox Environmental & Technology Holdings Limited (1452.HK) is an investment holding company principally engaged in the design, development, manufacture and sale of DeNOx catalysts and related air pollution control products primarily in the People's Republic of China, with operations extending to Southeast Asia and Europe. Founded in 2010 and headquartered in Beijing, the company offers plate-type DeNOx catalysts suitable for coal-fired power plants, steel, cement, metallurgy, petrochemical and other industries; honeycomb DeNOx catalysts for similar stationary sources including waste incineration and gas power generation; vehicle DeNOx catalysts for diesel and natural gas-powered applications; emerging coated catalysts such as CO oxidation catalysts for metallurgical sectors, non-methane hydrocarbon (NMHC) catalysts, hydrogen cyanide (HCN) catalysts and dioxin treatment catalysts; as well as corrugated plate-type catalysts with enhanced performance in high-temperature and anti-poisoning applications; complemented by after-sales services including sample testing, installation guidance, system commissioning and catalyst recovery. The company maintains production bases in Hebei Gu'an Economic Development Zone and Jiangsu Wuxi Economic Development Zone, with an annual catalyst production capacity exceeding 50,000 cubic meters, and holds multiple utility model patents, invention patents and software registrations derived from technologies sourced from Germany and South Korea. In recent developments, the group signed an annual group procurement agreement with a major state-owned enterprise for plate-type catalysts in 2024, achieved breakthroughs in honeycomb catalysts for shipbuilding and waste incineration power sectors, launched commercial production of corrugated plate-type catalysts following localization of production equipment and processes, improved specifications for plate-type catalysts and high-temperature high-porosity variants, gained market recognition for dioxin catalysts, and strategically reduced investments in vehicle catalyst OEM research and development at year-end 2024 to redirect resources toward industrial coated catalyst lines including CO, NHMC and HCN products amid declining vehicle orders. For 2025, the company plans intensified marketing in emerging sectors like biomass and metallurgical power, cost optimizations via supplier expansion and equipment upgrades, and overseas strategy reviews while maintaining vehicle aftermarket sales on a self-sustaining basis.