| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.07B | 1.09B | 1.20B | 1.26B | 1.36B | 1.14B |
| Gross Profit | 277.18M | 253.12M | 291.35M | 289.44M | 406.55M | 401.80M |
| EBITDA | 61.54M | 21.07M | 123.91M | 246.65M | 272.78M | 278.95M |
| Net Income | 39.97M | -50.83M | 49.44M | 161.03M | 246.09M | 252.23M |
Balance Sheet | ||||||
| Total Assets | 3.59B | 3.50B | 3.44B | 3.60B | 3.22B | 2.90B |
| Cash, Cash Equivalents and Short-Term Investments | 271.13M | 157.85M | 233.43M | 364.52M | 264.18M | 309.34M |
| Total Debt | 699.08M | 656.04M | 539.39M | 598.27M | 366.38M | 304.80M |
| Total Liabilities | 1.17B | 1.11B | 960.29M | 1.12B | 861.10M | 785.62M |
| Stockholders Equity | 2.41B | 2.38B | 2.47B | 2.46B | 2.35B | 2.10B |
Cash Flow | ||||||
| Free Cash Flow | -43.82M | -66.70M | 98.96M | -233.05M | -24.98M | 4.22M |
| Operating Cash Flow | 16.30M | 17.92M | 193.63M | -121.35M | 135.63M | 149.32M |
| Investing Cash Flow | -28.17M | -50.77M | -31.88M | -101.32M | -151.80M | -197.21M |
| Financing Cash Flow | 91.26M | 44.46M | -148.13M | 233.69M | -54.16M | -94.80M |
Hebei Yichen Industrial Group Corporation Limited has agreed to acquire 86.22% of a target company engaged in the electricity business for RMB135 million, a move that will make the target and its subsidiaries consolidated subsidiaries of Hebei Yichen upon completion and deepen the group’s participation in the power sector. The transaction is classified as both a discloseable and connected transaction under Hong Kong listing rules because certain vendors belong to the controlling shareholders group or are deemed connected persons, triggering requirements for an extraordinary general meeting, independent board committee and financial adviser review, and shareholder approval, with a circular detailing the deal and EGM arrangements expected to be dispatched by 31 March 2026.
The most recent analyst rating on (HK:1596) stock is a Hold with a HK$0.72 price target. To see the full list of analyst forecasts on Hebei Yichen Industrial Group Corporation Limited Class H stock, see the HK:1596 Stock Forecast page.
Hebei Yichen Industrial Group Corporation Limited has announced the current composition of its board of directors, which includes five executive directors, one non-executive director and three independent non-executive directors, led by chairman Zhang Haijun. The company has also detailed the membership and leadership of its five board committees—Audit, Remuneration, Nomination, Corporate Governance and Strategy—assigning chair and member roles among directors to clarify oversight responsibilities and reinforce its corporate governance framework for investors and other stakeholders.
Hebei Yichen Industrial Group Corporation Limited has formalised terms of reference for its Board Nomination Committee, which is composed of at least three directors, with a requirement for gender diversity and a majority of independent non-executive directors. The updated framework clarifies the committee’s constitution, membership criteria, and leadership structure, signalling an effort to strengthen corporate governance and board oversight through more structured and diverse director nomination processes.
Hebei Yichen Industrial Group Corporation Limited has strengthened its governance framework by naming existing independent non-executive director Jip Ki Chi as lead independent non-executive director, effective 30 December 2025. The role is designed to improve communication among independent directors, the wider board and in particular minority shareholders, in line with the amended Hong Kong Corporate Governance Code that took effect in July 2025. Separately, the company reshuffled its nomination committee, with executive director Wu Jinyu stepping down and executive director Ma Xuehui joining the committee, a move the board says will enhance diversity and further improve corporate governance, leaving the body composed of three members: Wang Fuju, Ma Xuehui and Zhang Liguo.