Denox Environmental & Technology Holdings (HKSE:01452) EBITDA: HK$-17.9 Mil (TTM As of Dec. 2025)

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HKSE:01452 Denox Environmental & Technology Holdings Ltd HKSE:01452
43 GF Score
Price HK$0.20
GF Value HK$0.15
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Denox Environmental & Technology Holdings EBITDA?

Denox Environmental & Technology Holdings HKSE:01452 43 EBITDA is HK$-17.9 Mil as of Dec. 2025. GuruFocus rates HKSE:01452 with a GF Score™ of 43/100 and a GF Value™ of HK$0.15 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Denox Environmental & Technology Holdings's EBITDA for the six months ended in Dec. 2025 was HK$-10.6 Mil. Its EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-17.9 Mil.

During the past 3 years, the average EBITDA Growth Rate was 17.10% per year. During the past 5 years, the average EBITDA Growth Rate was 1.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA Growth Rate using EBITDA data.

During the past 12 years, the highest 3-Year average EBITDA Growth Rate of Denox Environmental & Technology Holdings was 31.20% per year. The lowest was -28.30% per year. And the median was 15.50% per year.

Denox Environmental & Technology Holdings's EBITDA per Share for the six months ended in Dec. 2025 was HK$-0.02. Its EBITDA per share for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-0.03.

During the past 3 years, the average EBITDA per Share Growth Rate was 22.20% per year. During the past 5 years, the average EBITDA per Share Growth Rate was 5.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA per share growth rate using EBITDA per Share data.

During the past 12 years, the highest 3-Year average EBITDA per Share Growth Rate of Denox Environmental & Technology Holdings was 30.90% per year. The lowest was -21.50% per year. And the median was 15.50% per year.

Denox Environmental & Technology Holdings  (HKSE:01452) EBITDA Explanation

EBITDA is a cash flow measure that ignores changes in working capital. EBITDA minus Depreciation, and Amortization (DA) equals Operating Income. Operating Income is profit before interest and taxes. Of course, Interest and taxes need to be paid.

While depreciation and amortization expenses do not need to be paid in cash, assets - especially tangible assets - do need to be replaced over time. EBITDA is not a measure of profit in any sense. EBITDA is a measure of cash generation by a business where the uses of that cash may be more or less discretionary depending on the nature of the business.

The EBITDA of a TV station is largely discretionary. Owners may use much of the EBITDA generated by a TV station as they see fit. The EBITDA of a railroad is largely non-discretionary. Owners must use much of the EBITDA generated by a railroad to replace the physical assets of the railroad or the business will literally fall apart over time.

EBITDA can be thought of as the cash a business generates that is available to:

Add more inventory
Add more receivables
Replace property, plant, and equipment
Add more property, plant, and equipment
Pay interest
Pay taxes
And finally: pay owners

EBITDA is widely used in financial analysis because Depreciation and Amortization are not present day cash expenses.. Depreciation and amortization are the spreading out of the costs of assets over the time in which those assets provide benefits. Today's depreciation and amortization expenses relate to assets bought in the past. The assets being expensed may or may not need to be replaced in the future. And the cost to replace the assets may be more or less than it was in the past. For this reason, the depreciation and amortization expenses a company records in the present year may have no relationship to the actual cash costs needed to maintain its assets in future years.

A company's depreciation expense depends on both its expectations about the assets it owns and its choice of accounting methods. Two companies owning identical assets may have different depreciation expenses because they have different expectations about the useful lives of those assets and because they make different accounting choices.

Analysts use EBITDA to remove this element of personal choice from a company's accounting statements. The use of EBITDA is an attempt to make the results of different companies more comparable and uniform.


Be Aware

Although depreciation is not a cash cost it is a real business cost because the company has to pay for the fixed assets when they purchase them. Both Warren Buffett and Charlie Munger hate the idea of EBITDA because in this calculation, depreciation is not counted as an expense.

EBITDA over Revenue is a good metric for comparing the operating efficiencies between companies because EBITDA is less vulnerable to companies' accounting choices. For this reason, EBITDA is used in ranking the Predictability of Companies. Also Price-to-EBITDA is sometimes used in valuations.


Denox Environmental & Technology Holdings EBITDA Related Terms


Denox Environmental & Technology Holdings EBITDA Historical Data

* Premium members only.

The historical data trend for Denox Environmental & Technology Holdings's EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Denox Environmental & Technology Holdings EBITDA Chart

Denox Environmental & Technology Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.56 -16.92 -18.91 -30.75 -9.64

Denox Environmental & Technology Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -16.85 -10.17 -29.15 -7.30 -10.61

HKSE:01452 vs VLTO, ZWS, CECO: EBITDA Comparison

For the Pollution & Treatment Controls subindustry, Denox Environmental & Technology Holdings's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Denox Environmental & Technology Holdings EV-to-EBITDA vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Denox Environmental & Technology Holdings's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Denox Environmental & Technology Holdings's EV-to-EBITDA falls into.


HKSE:01452
43GF Score
Denox Environmental & Technology Holdings Ltd HKSE:01452
EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is what the company earns before it expenses interest, taxes, depreciation and amortization.

Denox Environmental & Technology Holdings's EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Denox Environmental & Technology Holdings's EBITDA was directly provided by GuruFocus' data source Morningstar. For the fiscal year ended in Dec. 2025, Denox Environmental & Technology Holdings's EBITDA was HK$-9.6 Mil.

Denox Environmental & Technology Holdings's EBITDA for the quarter that ended in Dec. 2025 is calculated as

Denox Environmental & Technology Holdings's EBITDA was directly provided by GuruFocus' data source Morningstar. For the quarter ended in Dec. 2025, Denox Environmental & Technology Holdings's EBITDA was HK$-10.6 Mil.

EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-17.9 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sometimes companies may have already deducted Depreciation and Amortization from Gross Profit. In this case Depreciation and Amortization needs to be added back when calculating EBITDA.

Frequently Asked Questions Learn more about EBITDA →
What does a EBITDA of HK$-17.9 Mil mean?
Denox Environmental & Technology Holdings (HKSE:01452) has a EBITDA of HK$-17.9 Mil as of Dec. 2025. Ebitda is the difference between operating revenue and operating expenses not including depreciation and amortization. View historical data on Denox Environmental & Technology Holdings.
Is Denox Environmental & Technology Holdings' EBITDA too high?
Denox Environmental & Technology Holdings' current EBITDA is HK$-17.9 Mil. Overall, Denox Environmental & Technology Holdings has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Denox Environmental & Technology Holdings' EBITDA compare to VLTO and ZWS?
Denox Environmental & Technology Holdings' EBITDA of HK$-17.9 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA for an Industrial Products company?
A good EBITDA depends on the Industrial Products industry context. However, EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA mean?
A high EBITDA can signal that a stock is expensive relative to its fundamentals. Ebitda is the difference between operating revenue and operating expenses not including depreciation and amortization. View historical data on Denox Environmental & Technology Holdings. Denox Environmental & Technology Holdings's current EBITDA is HK$-17.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Denox Environmental & Technology Holdings stock overvalued right now?
Based on GuruFocus' analysis, Denox Environmental & Technology Holdings (HKSE:01452) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.15, compared to a current price of HK$0.20 — trading 32.7% above its estimated fair value. The current EBITDA is HK$-17.9 Mil. Denox Environmental & Technology Holdings' overall GF Score™ is 43/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA calculated?
EBITDA is calculated from a company's financial statements. For Denox Environmental & Technology Holdings (HKSE:01452), the current EBITDA is HK$-17.9 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Denox Environmental & Technology Holdings (HKSE:01452) Overvalued in 2026?

Based on GuruFocus' analysis, Denox Environmental & Technology Holdings stock appears to be overvalued. The current stock price of HK$0.20 is trading 32.7% above its estimated GF Value™ of HK$0.15. GuruFocus considers Denox Environmental & Technology Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:01452:

  • EBITDA: HK$-17.9 Mil
  • GF Value™: HK$0.15 vs. price of HK$0.20 (32.7% above fair value)
  • GF Score™: 43/100 with 5 warning signs

No single metric tells the full story. See the HKSE:01452 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Denox Environmental & Technology Holdings Business Description

Address No. 128 Western South Fourth Ring Road, Room 1506-1, Block 2, 12th Floor, Fengtai District, Beijing, CHN, 100070
Denox Environmental & Technology Holdings Ltd is a China-based firm. The company is mainly engaged in developing and producing products related to air pollution control. Its main products are plate-type DeNOx catalysts, honey-comb DeNOx catalysts, and DeNOx catalysts for diesel-powered vehicles. The company derives the majority of its revenue from the PRC, and also has its presence in Southeast Asia and Europe.
43GF Score

Get the complete analysis for HKSE:01452

EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.20
Price
HK$0.15
GF Value