SinoHytec
SinoHytec is a leading manufacturer of fuel cell systems in China.
Launch date
Employees
Market cap
$633m
Enterprise valuation
$565m (Public information from Sep 2024)
Share price
CNY19.14 688339.SS
Beijing China (HQ)
Financials
Estimates*
| CNY | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Revenues | 572m | 629m | 738m | 801m | 1.2b | 1.7b | 2.0b |
| % growth | 3 % | 10 % | 17 % | 8 % | 45 % | 50 % | 17 % |
| EBITDA | 104m | 29.8m | (32.4m) | (83.0m) | (127m) | 71.9m | 144m |
| % EBITDA margin | 18 % | 5 % | (4 %) | (10 %) | (11 %) | 4 % | 7 % |
| Profit | (22.5m) | (162m) | (166m) | (243m) | (294m) | (59.2m) | (1.7m) |
| % profit margin | (4 %) | (26 %) | (23 %) | (30 %) | (25 %) | (3 %) | - |
| EV / revenue | 32.0x | 29.5x | 9.5x | 7.8x | 4.5x | 2.7x | 2.4x |
| EV / EBITDA | 176.3x | 623.0x | -215.9x | -75.7x | -40.7x | 66.1x | 33.0x |
| R&D budget | 74.7m | 92.8m | 101m | 141m | - | - | - |
| R&D % of revenue | 13 % | 15 % | 14 % | 18 % | - | - | - |
| Date | Investors | Amount | Round |
|---|---|---|---|
* | N/A | - | |
* | N/A | - | |
* | N/A | - | |
* | N/A | - | |
* | CNY30.0m | Late VC | |
* | N/A | - | |
* | N/A | - | |
| N/A | N/A | IPO | |
| Total Funding | $4.1m | ||
