Denox Environmental & Technology Holdings Limited logo

Denox Environmental & Technology Holdings Limited

1452.HK

HKSEIndustrialsIndustrial - Pollution & Treatment Controls

Latest quote

HK$0.167

+HK$0.005 · +3.09%

Aug 24, 11:17 AM HKTData delayed

1452.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Denox Environmental & Technology Holdings Limited functions as an investment holding entity, specializing in the design, development, production, and sale of DeNOx catalysts. These include both plate-type and honeycomb variants, which are distributed across the People's Republic of China and international markets. The company's plate-type DeNOx catalysts are primarily supplied to coal-fired power generation facilities, engineering, procurement, and construction (EPC) service providers, and industrial boiler manufacturers. Furthermore, Denox dedicates resources to developing catalysts for vehicles powered by diesel and natural gas. The company was founded in 2010 and maintains its headquarters in Beijing, People's Republic of China.

Industry
Industrial - Pollution & Treatment Controls
Sector
Industrials
Headquarters
CN
CEO
Shu Zhao
Listed since
Nov 12, 2015
Employees
189

Market position

Day range

Current HK$0.167

52-week range

Current HK$0.167

Open
HK$0.158
Previous close
HK$0.162
Volume
38K
0.11× average
Average volume
361.74K
Average daily volume
Market cap
99.01M HKD
Beta
1.29
Market reference 1
50-day average
HK$0.1727
-3.29% below average
200-day average
HK$0.1392
+20.01% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
2.41M CNY
P/E (TTM)
-4.91×
P/B (TTM)
0.76×
P/S (TTM)
0.45×
EV / EBITDA
-0.19×
Earnings yield
-28.20%
Free cash flow yield
38.65%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
24.62%
Operating margin
-9.83%
Net margin
-9.12%
Return on equity
-15.50%
Return on assets
-3.40%
Return on invested capital
-14.57%

Financial health

Debt / equity
0.13×
Current ratio
1.2×
Altman Z-score
-0.16
Piotroski F-score
4 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends32%5%-21%-47%Gross margin, FY2021: 17.10%Gross margin, FY2022: 21.32%Gross margin, FY2023: 19.41%Gross margin, FY2024: 25.20%Gross margin, FY2025: 24.62%Operating margin, FY2021: -40.63%Operating margin, FY2022: -40.14%Operating margin, FY2023: -22.58%Operating margin, FY2024: -33.57%Operating margin, FY2025: -9.83%Net margin, FY2021: -17.21%Net margin, FY2022: -37.48%Net margin, FY2023: -20.12%Net margin, FY2024: -34.26%Net margin, FY2025: -9.12%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 17.10%. Gross margin FY2022 21.32%. Gross margin FY2023 19.41%. Gross margin FY2024 25.20%. Gross margin FY2025 24.62%. Operating margin FY2021 -40.63%. Operating margin FY2022 -40.14%. Operating margin FY2023 -22.58%. Operating margin FY2024 -33.57%. Operating margin FY2025 -9.83%. Net margin FY2021 -17.21%. Net margin FY2022 -37.48%. Net margin FY2023 -20.12%. Net margin FY2024 -34.26%. Net margin FY2025 -9.12%.

Income trends

Revenue

189.26M CNY+73.69%

Operating income

−18.6M CNY+49.17%

Net income

−17.27M CNY+53.74%
Income trends across reported periods211.91M CNY121.28M CNY30.65M CNY−59.99M CNYRevenue, FY2021: 71.46M CNYRevenue, FY2022: 62.79M CNYRevenue, FY2023: 126.39M CNYRevenue, FY2024: 108.96M CNYRevenue, FY2025: 189.26M CNYOperating income, FY2021: −29.04M CNYOperating income, FY2022: −25.2M CNYOperating income, FY2023: −28.54M CNYOperating income, FY2024: −36.58M CNYOperating income, FY2025: −18.6M CNYNet income, FY2021: −12.3M CNYNet income, FY2022: −23.53M CNYNet income, FY2023: −25.43M CNYNet income, FY2024: −37.33M CNYNet income, FY2025: −17.27M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 71.46M CNY. Revenue FY2022 62.79M CNY. Revenue FY2023 126.39M CNY. Revenue FY2024 108.96M CNY. Revenue FY2025 189.26M CNY. Operating income FY2021 −29.04M CNY. Operating income FY2022 −25.2M CNY. Operating income FY2023 −28.54M CNY. Operating income FY2024 −36.58M CNY. Operating income FY2025 −18.6M CNY. Net income FY2021 −12.3M CNY. Net income FY2022 −23.53M CNY. Net income FY2023 −25.43M CNY. Net income FY2024 −37.33M CNY. Net income FY2025 −17.27M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue189.26M CNY108.96M CNY126.39M CNY62.79M CNY71.46M CNY
Cost of goods sold142.66M CNY81.5M CNY101.86M CNY49.4M CNY59.24M CNY
Gross profit46.59M CNY27.46M CNY24.53M CNY13.39M CNY12.22M CNY
Research and development9.08M CNY8.05M CNY7.48M CNY5.75M CNY6.89M CNY
Selling, general, and administrative52.12M CNY55.45M CNY45.47M CNY33.28M CNY33.53M CNY
Operating expenses65.19M CNY64.04M CNY53.06M CNY38.19M CNY39.48M CNY
Interest income2.48M CNY1.46M CNY1.85M CNY321K CNY87K CNY
Interest expense961.45K CNY577K CNY493K CNY256K CNY279K CNY
Depreciation and amortization6.21M CNY5.9M CNY7.66M CNY5.94M CNY4.85M CNY
Operating income−18.6M CNY−36.58M CNY−28.54M CNY−25.2M CNY−29.04M CNY
Net income−17.27M CNY−37.33M CNY−25.43M CNY−23.53M CNY−12.3M CNY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-0.05

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.050-0.04-0.09Q2 '21Q4 '21Q3 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual 0.007, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual -0.038, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 29, 2022: actual -0.02, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 30, 2023: actual -0.035, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 30, 2023: actual -0.021, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 27, 2024: actual -0.035, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 28, 2024: actual -0.017, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 28, 2025: actual -0.051, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates86.03M66.63M47.22M27.81MQ2 '21Q4 '21Q3 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual 37.36M HKD, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual 49.39M HKD, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 29, 2022: actual 40.79M HKD, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 30, 2023: actual 31.83M HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 30, 2023: actual 56.55M HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 27, 2024: actual 82.02M HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 28, 2024: actual 56.13M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 28, 2025: actual 60.32M HKD, estimate —, surprise —, Comparison unavailable.

1452.HK peers

Continue in GoAI

Research 1452.HK

research.disclaimer