Freetech Road Recycling Technology (Holdings) Ltd.

Freetech Road Recycling Technology (Holdings) Ltd.

HHKEX:6888
0.07
HKD
+0.00
(-1.37%)
178.35MMarket 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
0.69
0.36
0.58
0.47
0.45
0.49
0.46
0.51
0.5
0.47
0.19
0.19
0.12
- -
Basic EPS, GAAP
0.2
0.05
0.06
0.04
-0.25
-0.13
- -
0.03
0.03
-0.03
0.01
0.01
-0.05
- -
Free Cash Flow per Basic Share
-0.09
-0.09
0.05
-0.19
0.02
-0.04
0.08
0.04
0.03
-0.01
-0.03
-0.02
-0.03
- -
Dividend per Share
0.07
0.06
0.02
0.02
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
1.11
1.08
1.06
1.02
0.84
0.65
0.65
0.72
0.76
0.67
0.71
0.7
0.68
0.7
Tangible Book Value per Share
1.1
1.03
1
0.89
0.78
0.6
0.64
0.71
0.75
0.66
0.71
0.7
0.68
0.7
Basic Weighted Avg Shares
916
1,079
1,063
1,062
1,062
1,062
1,062
1,060
1,019
1,019
1,011
1,000
1,162
996
Sales/Revenue/Turnover
629
390
617
496
476
522
487
542
512
478
188
188
134
- -
Operating Margin (%)
34.13
11.35
9.14
8.65
-2.71
-0.87
0.04
4.03
2.37
-1.84
10.51
1.54
-42.65
- -
Depreciation Expense
19
24
35
44
51
32
27
30
33
29
23
27
19
- -
Net Income, GAAP
183
58
65
43
-265
-139
4
32
32
-32
12
13
-56
- -
Effective Tax Rate (%)
18.16
17.5
15.35
19.39
- -
- -
33.36
14.24
11.16
- -
13.83
52.21
- -
- -
Profit Margin (%)
29.03
14.98
10.46
8.7
-55.73
-26.63
0.85
5.84
6.24
-6.79
6.21
6.68
-41.72
- -
Working Capital
1,020
877
816
623
434
240
258
336
533
457
486
474
412
474
LT Debt
22
- -
- -
- -
- -
- -
3
1
- -
3
1
- -
3
- -
Total Equity
1,214
1,214
1,241
1,190
979
729
729
807
864
755
763
709
666
709
Return on Invested Capital (%)
21.89
2.93
3.59
2.48
- -
- -
2.21
5.21
6.68
- -
1.38
0.21
- -
- -
Return on Capital (%)
23.62
5.2
5.09
3.34
- -
- -
0.39
3.91
2.54
- -
-0.26
0.66
- -
- -
Return on Common Equity (%)
25.81
4.95
5.58
3.85
-26.51
-17.33
0.59
4.29
4.01
-4.21
1.62
1.78
-8.16
- -

Capital Structure

HKD

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
ST Debt
101
100
118
LT Borrowings
- -
- -
- -
LT Finance Leases
1
1
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,004
1,002
1,002
Market Capitalization
185
171
178

Working Capital

HKD

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
Total Current Assets
941
840
733
Cash, Cash Equivalents & STI
247
246
279
Accounts Receivable, Net
104
63
85
Inventories
177
176
167
Total Current Liabilities
455
364
259
Payables & Accruals
- -
- -
- -
ST Debt
101
100
118
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-5.43%
-3.52%
-5.96%
Free Cash Flow
-82.26%
86.12%
145.59%
Net Income, GAAP
-110.83%
-174.71%
-544.49%
Sales/Revenue/Turnover
-11.09%
-20.32%
-28.81%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
188
2024
- -
- -
188
2025
- -
- -
134

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.01
2024
- -
- -
0.01
2025
- -
- -
-0.05

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

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

Company Description

CEO
Wai Pan Sze
Full Time Employees
283
Sector
Non-energy minerals
Industry
Construction materials
Address
Citicorp Centre Hong Kong Hong Kong
IPO Date
Jun 26, 2013
Business
Freetech Road Recycling Technology (Holdings) Limited (6888.HK) develops, manufactures and sells road maintenance equipment, engineering maintenance services and related recycling technologies for road maintenance and repair. The company offers core products including intelligent road recycling equipment such as the FTX3000 cold in-place recycling machine and FTXH high-performance cold recycling mixing plant; foam asphalt stabilization equipment; hot in-place recycling equipment; road surface damage rapid repair equipment; and intelligent road maintenance integrated solutions; alongside engineering services encompassing road maintenance projects, recycling material supply and technical consulting. It operates primarily in the road construction and maintenance industry, serving government departments, state-owned enterprises and private contractors in China and select international markets including Southeast Asia and Africa. Founded in 2002 and headquartered in Tai Po, Hong Kong, the company maintains production facilities in Zhuhai, Guangdong Province. Recent developments include securing multiple strategic contracts for road recycling projects in 2024 and expanding its intelligent maintenance technology portfolio with new IoT-integrated equipment launches amid China's push for sustainable infrastructure.