Denox Environmental & Technology Holdings Limited (HKG:1452)

Hong Kong · Delayed Price · Currency is HKD

0.1800

-0.0080 (-4.26%)

Oct 8, 2026, 11:16 AM HKT

HKG:1452 Financials Overview

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	229.96	189.26	108.96	126.39	62.79	71.46
Revenue Growth	21.51%	73.69%	-13.79%	101.29%	-12.13%	10.32%
Gross Profit	74.11	46.59	27.46	24.53	13.39	12.22
Operating Income	-11.66	-18.6	-36.58	-28.54	-25.2	-28.68
Net Income	-15.25	-17.27	-37.33	-25.43	-23.53	-12.3
Earnings Per Share	-0.03	-0.03	-0.06	-0.05	-0.05	-0.02
EPS Growth	-	-	-	-	-	-

Revenue by Geography

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
The PRC	155.45	100.08	125.94	59.25	69.49
Southeast Asia	24.21	1.88	0.45	3.54	1.16
Europe	9.6	7	-	-	0.82
Total	189.26	108.96	126.39	62.79	71.46

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	77.2	76.17	63.32	72.49	72.76	74.34
Total Debt	6.98	14.8	19.67	6.27	2.94	5.93
Net Cash (Debt)	70.22	61.38	43.65	66.22	69.81	68.41
Net Cash Growth	14.41%	40.61%	-34.08%	-5.15%	2.05%	-16.18%
Net Cash Per Share	0.12	0.10	0.07	0.13	0.14	0.14

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	49.01	25.98	-11.28	-3.81	-5.56	-27.59
Capital Expenditures	-7.12	-5.71	-8.5	-0.34	-2.45	-4.46
Free Cash Flow	41.9	20.27	-19.78	-4.15	-8	-32.05
Free Cash Flow Growth	106.70%	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	32.23%	24.62%	25.20%	19.41%	21.32%	17.11%
Operating Margin	-5.07%	-9.83%	-33.57%	-22.58%	-40.14%	-40.14%
Pretax Margin	-6.63%	-9.12%	-34.26%	-20.12%	-37.48%	-27.22%
Profit Margin	-6.63%	-9.12%	-34.26%	-20.12%	-37.48%	-17.21%
FCF Margin	18.22%	10.71%	-18.15%	-3.28%	-12.74%	-44.85%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 8, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
P/FCF Ratio	3.00	3.02	-	-	-	-
PS Ratio	0.55	0.32	0.36	0.23	0.53	1.11