Hangzhou Dadi Haiyang Environmental Protection Co., Ltd. (SHE:301068)

China · Delayed Price · Currency is CNY

21.01

-0.91 (-4.15%)

At close: Oct 23, 2026

SHE:301068 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Revenue	1,325	1,374	1,412	937.5	800.05	527.49
Revenue Growth	-19.88%	-2.67%	50.62%	17.18%	51.67%	10.32%
Gross Profit	193.62	141.48	293.86	165.32	172.11	141.49
Operating Income	54.29	-2.72	184.93	68.15	48.37	53.46
Net Income	38.56	-31.89	137.42	55.47	55.26	51.6
Earnings Per Share	0.28	-0.23	0.98	0.39	0.39	0.45
EPS Growth	-32.58%	-	149.81%	0.46%	-13.16%	-39.69%

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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Investments	141.86	287.46	309.74	147.07	104.6	138.97
Total Debt	558.19	678.99	426.61	247.73	153.25	111.16
Net Cash (Debt)	-416.33	-391.53	-116.87	-100.66	-48.65	27.81
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-2.98	-2.82	-0.83	-0.71	-0.34	0.24

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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Operating Cash Flow	190.99	183.19	209.98	24	62.55	76.97
Capital Expenditures	-20.81	-21.01	-68.74	-32.59	-94.08	-111.79
Free Cash Flow	170.18	162.18	141.24	-8.59	-31.53	-34.82
Free Cash Flow Growth	4.66%	14.83%	-	-	-	-

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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Gross Margin	14.62%	10.29%	20.81%	17.63%	21.51%	26.82%
Operating Margin	4.10%	-0.20%	13.10%	7.27%	6.05%	10.13%
Pretax Margin	3.96%	-0.73%	11.82%	6.38%	6.83%	9.37%
Profit Margin	2.91%	-2.32%	9.73%	5.92%	6.91%	9.78%
FCF Margin	12.85%	11.80%	10.00%	-0.92%	-3.94%	-6.60%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 24, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Dividend Per Share	0.200	-	0.300	0.148	0.118	0.071
Dividend Per Share Growth	0%	-	102.84%	25.02%	66.62%	-
Dividend Yield	0.95%	-	1.28%	0.82%	0.81%	0.39%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 24, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
PE Ratio	76.19	-	23.90	46.04	37.34	49.86
Forward PE	-	21.58	21.58	21.58	-	-
P/FCF Ratio	17.44	22.68	23.25	-	-	-
PS Ratio	2.24	2.68	2.33	2.72	2.58	4.88