Qingdao Daneng Environmental Protection Equipment Co., Ltd. Class A

Qingdao Daneng Environmental Protection Equipment Co., Ltd. Class A

SSSE:688501
13.17
CNY
-0.33
(-2.44%)
2.39BMarket Cap
Oct 29Next Earn
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
5.12
4.54
4.08
4.3
4.26
4.46
5.94
7.67
11.65
- -
Basic EPS, GAAP
0.26
0.42
0.36
0.37
0.38
0.34
0.5
0.54
1.01
- -
Free Cash Flow per Basic Share
0.29
-0.14
-0.34
-0.43
-0.5
0.02
-0.33
-3.01
0.04
- -
Dividend per Share
0.06
0.06
0.06
0.09
0.08
0.17
0.13
0.28
0.28
0.08
Book Value per Share
2.73
3.16
3.51
3.89
4.4
4.64
5.1
5.56
6.45
6.56
Tangible Book Value per Share
2.52
2.95
3.3
3.62
4.21
4.44
4.91
4.78
5.66
5.79
Basic Weighted Avg Shares
130
129
130
130
147
171
173
171
172
173
Sales/Revenue/Turnover
666
587
529
558
628
762
1,029
1,314
2,009
- -
Operating Margin (%)
8.62
13.8
100
14.6
14.49
14.56
13.14
13.04
12.55
- -
Depreciation Expense
7
7
2
8
10
14
18
28
37
- -
Net Income, GAAP
34
55
46
48
56
59
87
93
175
- -
Effective Tax Rate (%)
11
12.53
12.66
10.9
10.63
10.7
6.84
17.03
14.36
- -
Profit Margin (%)
5.16
9.33
8.75
8.56
8.9
7.68
8.42
7.08
8.71
- -
Working Capital
261
305
321
342
574
559
634
742
593
624
LT Debt
- -
- -
- -
- -
4
1
2
8
129
162
Total Equity
352
408
455
510
770
826
910
995
1,164
1,185
Return on Invested Capital (%)
- -
10.57
8.19
7.5
7.36
6.78
8.05
7.17
11.33
- -
Return on Capital (%)
- -
11.55
8.8
7.9
6.39
5.25
7.66
7.53
11.15
- -
Return on Common Equity (%)
- -
14.39
10.75
9.99
8.87
7.52
10.33
10.12
16.83
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
513
530
620
LT Borrowings
127
143
161
LT Finance Leases
1
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
174
174
174
Market Capitalization
3,283
2,980
2,385

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,133
2,173
2,301
Cash, Cash Equivalents & STI
370
314
308
Accounts Receivable, Net
635
683
810
Inventories
731
760
728
Total Current Liabilities
1,540
1,554
1,677
Payables & Accruals
- -
- -
- -
ST Debt
513
530
620
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
18.97%
16.94%
Free Cash Flow
- -
-164.96%
-101.24%
Net Income, GAAP
- -
33.05%
88.16%
Sales/Revenue/Turnover
- -
29.92%
52.9%
Total Cash Common Dividend
- -
50.08%
1.8%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
148
366
255
545
1,314
2025
619
567
- -
540
2,009
2026
370
482
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
0.1
0.06
0.34
0.54
2025
0.4
0.23
- -
0.29
1.01
2026
0.16
0.14
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.03
0.19
0.03
0.28
2025
0.03
0.03
- -
0.03
0.28
2026
0.03
0.02
- -
- -
- -

Company Description

CEO
Yan Hui Liu
Full Time Employees
1,297
Sector
Producer manufacturing
Industry
Industrial machinery
Address
Jiaobei Office Industrial Park Qingdao SD China 266313
IPO Date
Jul 16, 2021
Website
daneng.cc
Business
Qingdao Daneng Environmental Protection Equipment Co., Ltd. (688501.SS) designs, manufactures and sells energy-saving and environmental protection equipment primarily for coal-fired power plants and industrial applications in China. Founded in 2006 and headquartered at No. 3 Daneng Road, Jiaobei Industrial Park, Jiaozhou City, Qingdao, Shandong Province, the company offers slag energy saving and environmental protection treatment systems including dry slag and wet slag treatment systems, pneumatic conveying systems, CFB slag systems, pyrites handling systems and submerged scraper conveyors; flue gas energy saving and environmental protection treatment systems such as low temperature economizers, elimination of colored smoke plumes and shedding of condensation particles; clean energy consumption systems comprising electrode boilers and heat storage tanks; desulfurization wastewater environmental protection treatment systems; energy-saving and environmentally friendly treatment systems for the metallurgical industry including steel slag systems; full load denitrification systems; high thermal conductivity modified PPS pipes; and spare parts like rotary ash coolers, dry drag chain conveyors, bucket elevators and ash silos. The company serves customers in electricity, heat, chemical industry, metallurgy, waste disposal and new energy sectors across the domestic market with approximately 1,156 employees and operations focused on pollutant prevention and control for slag, dust, flue gas, fine particulate matter, NOx, SOx and desulfurization wastewater as well as boiler slag and flue gas waste heat recovery. In recent developments, the company partnered with Singapore's SP Group in 2023-2024 to invest in and build a 90-megawatt aquavoltaic farm in Shandong projected to produce 162 million kilowatt-hours of green electricity annually and connect to a green hydrogen production facility; additionally, Yantai Moon Co., Ltd. signed but later cancelled an agreement to acquire a 19.6% stake, while 2024 financials showed revenue growth of 27.67% to CNY 1.314 billion and net profit up 7.26% to CNY 92.97 million amid expansions in renewable energy subsidies and clean heating systems.