Henan Jinyuan Hydrogenated Chemicals Co., Ltd. Class H

Henan Jinyuan Hydrogenated Chemicals Co., Ltd. Class H

HHKEX:2502
0.49
HKD
0.00
(0.00%)
410.93MMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.13
1.55
2.36
3.81
3.25
2.72
- -
Basic EPS, GAAP
0.03
0.08
0.14
0.09
-0.02
-0.04
- -
Free Cash Flow per Basic Share
-0.02
0.05
0.21
-0.07
0.01
0.08
- -
Dividend per Share
0.01
0.02
0.02
0.1
0.02
- -
- -
Book Value per Share
0.42
0.48
0.61
1.07
1.03
1
1
Tangible Book Value per Share
0.35
0.42
0.57
1.03
1
0.96
0.96
Basic Weighted Avg Shares
956
956
956
612
956
956
956
Sales/Revenue/Turnover
1,079
1,480
2,255
2,330
3,102
2,599
- -
Operating Margin (%)
6.77
8.12
10.75
4.35
0.69
-0.65
- -
Depreciation Expense
51
61
62
59
80
80
- -
Net Income, GAAP
29
72
138
55
-16
-34
- -
Effective Tax Rate (%)
27.29
28.34
16.9
16.75
3.91
- -
- -
Profit Margin (%)
2.7
4.9
6.13
2.36
-0.52
-1.32
- -
Working Capital
-123
-64
93
169
134
107
107
LT Debt
21
15
78
120
106
69
69
Total Equity
506
555
720
1,127
1,092
1,051
1,051
Return on Invested Capital (%)
- -
14.06
26.44
7.3
1.49
- -
- -
Return on Capital (%)
- -
11.28
11.94
2.86
-1.97
- -
- -
Return on Common Equity (%)
- -
16.85
26.56
6.85
-1.6
-3.54
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
233
278
221
LT Borrowings
103
89
66
LT Finance Leases
3
3
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
956
956
956
Market Capitalization
485
354
369

Working Capital

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
591
552
483
Cash, Cash Equivalents & STI
353
376
357
Accounts Receivable, Net
31
31
35
Inventories
145
81
51
Total Current Liabilities
457
433
376
Payables & Accruals
- -
- -
- -
ST Debt
233
278
221
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
17.84%
-3.7%
Free Cash Flow
- -
38.02%
533.23%
Net Income, GAAP
- -
32.82%
113.72%
Sales/Revenue/Turnover
- -
21.95%
-16.23%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
2,330
2024
- -
- -
3,102
2025
- -
- -
2,599

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.09
2024
- -
- -
-0.02
2025
- -
- -
-0.04

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.1
2024
- -
- -
0.02
2025
- -
- -
- -

Company Description

CEO
Zeng Guang Wang
Full Time Employees
392
Sector
Utilities
Industry
Gas distributors
Address
West First Ring Road South Jiyuan HN China
IPO Date
Dec 20, 2023
Website
jyqnkj.com
Business
Henan Jinyuan Hydrogenated Chemicals Co., Ltd. is a prominent enterprise in the People's Republic of China, primarily involved in the production, processing, distribution, and commercialization of hydrogenated benzene-based chemical compounds and various energy solutions. The company's chemical offerings encompass essential products such as pure benzene, toluene, and xylene, crucial for various industrial applications. In its energy segment, it supplies liquefied natural gas (LNG) and coal gas. Beyond manufacturing, Henan Jinyuan also engages in the trading and retail of LNG and refined oil products, operates fuel and natural gas stations, provides steam services, and offers comprehensive multimodal transportation, warehousing, and distribution for coal products. Its diverse clientele includes manufacturers of nylon and fertilizers, refined oil producers, other chemical entities, industrial consumers, and retail and trading partners. Established on November 23, 2012, and headquartered in Jiyuan, China, the company operates as a wholly-owned subsidiary of Henan Jinma Energy Company Limited. Henan Jinyuan marked a significant milestone by listing on the Main Board of the Hong Kong Stock Exchange on December 20, 2023. The company has recently expanded its capabilities, having commissioned a 200,000 tonnes per annum crude benzene hydrorefining facility in 2023, and inaugurated the largest hydrogen refueling station in Henan Province, capable of servicing a large fleet of hydrogen heavy trucks daily. It anticipates a crude benzene refining capacity of 0.4 million tons annually following further expansions in late 2023, reinforcing its commitment to resource efficiency and a circular economy. For the first half of 2025, the company expects to report a loss, mainly due to a narrowing of gross profit margins for its primary hydrogenated benzene-based chemical products.