Denox Environmental & Technology Holdings Limited (1452) AI Stock Analysis

• Market Cap: HK$53.36M
• Dividend Yield: N/A
• Average Volume (3M): 114.63K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.54
• Revenue Growth: -15.12%
• EPS Growth: -20.67%
• Country: HK
• Employees: 184
• Sector: Industrials
• Sector Strength: 84
• Industry: Industrial - Pollution & Treatment Controls
• EPS (TTM): -0.05
• Shares Outstanding: 592,844,400
• 10 Day Avg. Volume: 46,100
• 30 Day Avg. Volume: 114,633
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 50 Neutral
• Price Target: HK$0.00 ▼(-100.00% Downside)

The overall stock score of 50 reflects significant financial challenges due to consistent losses and negative cash flows, despite positive technical indicators suggesting short-term momentum. The current valuation is unattractive due to a negative P/E ratio and no dividend yield.

Denox Environmental & Technology Holdings Limited Business Overview & Revenue Model

Company Description

Denox Environmental & Technology Holdings Limited, an investment holding company, designs, develops, manufactures, and sells plate-type DeNOx catalysts, honey-comb DeNOx catalysts, and DeNOx catalysts in the People's Republic of China and internationally. The company sells its plate-type DeNOx catalysts to coal-fired power plants; engineering, procurement, and construction services providers; and boiler manufacturers. It also develops catalysts for diesel-powered vehicles and natural gas-powered vehicles. Denox Environmental & Technology Holdings Limited was founded in 2010 and is headquartered in Beijing, the People's Republic of China.

How the Company Makes Money

Denox Environmental & Technology Holdings Limited generates revenue through the sale and installation of its environmental protection products and systems. The company's key revenue streams include contracts with industrial clients who require air pollution control systems and waste management solutions to comply with environmental regulations. Denox may also engage in partnerships with government bodies and other organizations to deliver large-scale environmental projects. Additionally, the company might derive income from maintenance services, technology licensing, and consultancy services related to environmental protection. These diverse streams allow Denox to capture various market opportunities within the environmental sector.

Denox Environmental & Technology Holdings Limited Financial Statement Overview

Summary

Denox Environmental & Technology Holdings Limited faces significant financial challenges, with consistent net losses and negative cash flows. While the company has a low debt profile, its inability to generate positive operating income or cash flow raises concerns about long-term sustainability. The company's asset base is stable, but declining equity and profitability metrics suggest a need for strategic improvements.

Income Statement

The company has shown mixed revenue growth over the years, with a recent decline from 2023 to 2024. Gross profit margin has been relatively stable but low, with consistent net losses indicating challenges in achieving profitability. The EBIT and EBITDA margins are negative, highlighting operational inefficiencies.

Balance Sheet

The debt-to-equity ratio is low, indicating limited leverage, which is a positive sign. However, stockholders' equity has been declining, and the return on equity is negative due to net losses. The equity ratio remains stable, suggesting a solid asset base, but overall financial health is weakened by consistent losses.

Cash Flow

The company has struggled with negative operating and free cash flows, indicating difficulties in generating cash from operations. The free cash flow growth rate is negative, further emphasizing cash flow challenges. The operating and free cash flow to net income ratios are not meaningful due to negative values.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	108.96M	126.39M	62.79M	71.46M	64.78M
Gross Profit	27.46M	24.53M	13.39M	12.22M	15.69M
EBITDA	-30.68M	-17.29M	-15.64M	-20.09M	-10.77M
Net Income	-37.33M	-25.43M	-23.04M	-4.38M	-24.57M
Balance Sheet
Total Assets	436.92M	371.13M	314.40M	325.79M	315.73M
Cash, Cash Equivalents and Short-Term Investments	59.80M	72.49M	24.02M	71.36M	84.97M
Total Debt	19.67M	6.27M	2.94M	5.93M	3.79M
Total Liabilities	305.77M	207.16M	125.72M	118.27M	80.29M
Stockholders Equity	131.16M	163.97M	188.68M	207.52M	221.45M
Cash Flow
Free Cash Flow	-19.78M	-4.15M	-8.20M	-32.05M	-27.63M
Operating Cash Flow	-11.28M	-3.81M	-5.76M	-27.59M	-2.27M
Investing Cash Flow	-23.20M	26.14M	-45.41M	13.61M	-32.85M
Financing Cash Flow	8.59M	-2.30M	-856.00K	1.97M	-1.65M

Denox Environmental & Technology Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.09
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1452, the sentiment is Positive. The current price of 0.09 is below the 20-day moving average (MA) of 0.09, above the 50-day MA of 0.09, and above the 200-day MA of 0.08, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 45.37 is Neutral, neither overbought nor oversold. The STOCH value of 56.25 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1452.

Denox Environmental & Technology Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2377	74 Outperform	HK$783.72M	3.68	7.52%	5.17%	-1.20%	-3.75%
0556	72 Outperform	HK$376.20M	20.00	1.50%	―	11.97%	804.76%
1527	66 Neutral	HK$283.50M	3.09	9.30%	5.33%	17.99%	97.50%
Sector *	58 Neutral	HK$13.55B	5.55	-2.78%	5.86%	2.50%	-57.10%
1452	50 Neutral	HK$53.36M	―	-25.29%	―	-15.12%	-20.67%
E1T	―	€2.27M	1.16	-3.39%	―	―	―
0646	30 Underperform	HK$60.31M	―		―	79.56%	43.36%

Denox Environmental & Technology Holdings Limited Corporate Events

Denox Environmental & Technology Holdings Limited Reallocates Remaining Net Proceeds

Denox Environmental & Technology Holdings Limited has announced a change in the allocation of its remaining net proceeds amounting to RMB10.6 million. Originally intended for research and development, these funds will now be redirected towards working capital and general corporate purposes. This strategic reallocation is aimed at better aligning with the current business environment and supporting the company’s operational needs, with an expected full utilization by the first quarter of 2027. The reallocation reflects the company’s adaptive approach to market conditions and its commitment to maintaining operational efficiency.

Denox Updates Nomination Committee Terms to Boost Governance

Denox Environmental & Technology Holdings Limited has updated the terms of reference for its Nomination Committee, emphasizing compliance with the Hong Kong Stock Exchange’s Listing Rules. The committee will be composed mainly of independent non-executive directors, ensuring diversity with at least one member of a different gender. This move aims to enhance governance and operational transparency, potentially strengthening the company’s industry position and stakeholder trust.

Denox Environmental & Technology Holdings Announces Unanimous AGM Results

Denox Environmental & Technology Holdings Limited announced the results of its Annual General Meeting held on June 20, 2025. All proposed resolutions, including the re-election of directors, re-appointment of auditors, and granting of mandates for share issuance and buy-back, were passed with overwhelming support. This outcome reflects strong shareholder confidence in the company’s governance and strategic direction.