B 
Beijing SPC Environment Protection Tech Co 002573.SZ · CNY
Industrials · Shenzhen · 🇨🇳 China
2.88
-1.03%
Close of 9 Nov 2026, in CNY
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in CNY, from our data supplier.
Revenue
CN¥9.11bn
FY2016FY2025
Net income
−CN¥420.8m
FY2016FY2025
Free cash flow
CN¥1.08bn
FY2016FY2025
Shareholders' equity
CN¥5.47bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥9.11bn | CN¥8.72bn | CN¥8.61bn | CN¥8.03bn | CN¥6.88bn | CN¥4.70bn | CN¥3.38bn | CN¥4.09bn | CN¥4.09bn | CN¥3.39bn |
| Gross profit | CN¥1.44bn | CN¥1.45bn | CN¥1.47bn | CN¥1.80bn | CN¥1.55bn | CN¥808.8m | CN¥756.3m | CN¥1.17bn | CN¥1.20bn | CN¥1.27bn |
| Research and development | CN¥132.9m | CN¥182.8m | CN¥169.0m | CN¥179.6m | CN¥168.9m | CN¥125.3m | CN¥72.6m | CN¥61.1m | CN¥98.4m | CN¥55.9m |
| Operating income | CN¥623.9m | −CN¥231.0m | CN¥238.4m | CN¥639.6m | CN¥723.3m | CN¥296.4m | CN¥411.7m | CN¥622.8m | CN¥721.9m | CN¥833.0m |
| Net income | −CN¥420.8m | −CN¥378.2m | CN¥127.4m | CN¥447.7m | CN¥568.2m | CN¥340.9m | CN¥379.9m | CN¥524.9m | CN¥651.7m | CN¥744.2m |
| Diluted earnings per share | -0.30 | -0.27 | 0.09 | 0.32 | 0.40 | 0.32 | 0.35 | 0.49 | 0.61 | 0.70 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥24.11bn | CN¥24.79bn | CN¥24.56bn | CN¥23.67bn | CN¥21.59bn | CN¥16.48bn | CN¥10.62bn | CN¥10.73bn | CN¥12.66bn | CN¥11.22bn |
| Cash and short-term investments | — | CN¥925.9m | CN¥1.26bn | CN¥1.58bn | CN¥1.77bn | CN¥542.2m | CN¥426.0m | CN¥380.7m | CN¥1.04bn | CN¥1.37bn |
| Total liabilities | CN¥17.24bn | CN¥17.32bn | CN¥16.72bn | CN¥16.05bn | CN¥14.69bn | CN¥9.81bn | CN¥5.79bn | CN¥5.91bn | CN¥8.01bn | CN¥7.21bn |
| Debt | CN¥5.08bn | CN¥9.40bn | CN¥9.50bn | CN¥10.78bn | CN¥9.22bn | CN¥4.73bn | CN¥1.75bn | CN¥3.34bn | CN¥3.20bn | CN¥3.77bn |
| Shareholders' equity | CN¥5.47bn | CN¥5.92bn | CN¥6.40bn | CN¥6.41bn | CN¥6.09bn | CN¥6.34bn | CN¥4.90bn | CN¥4.65bn | CN¥4.23bn | CN¥3.63bn |
| Shares outstanding | 1,419m | 1,408m | 1,407m | 1,399m | 1,404m | 1,082m | 1,082m | 1,081m | 1,073m | 1,066m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥1.50bn | CN¥1.49bn | CN¥876.9m | CN¥1.05bn | CN¥289.7m | CN¥554.7m | CN¥1.35bn | CN¥1.06bn | −CN¥75.8m | CN¥84.9m |
| Capital spending | −CN¥427.2m | −CN¥569.0m | −CN¥920.0m | −CN¥1.05bn | −CN¥539.7m | −CN¥567.3m | −CN¥195.9m | −CN¥294.5m | −CN¥662.0m | −CN¥2.19bn |
| Free cash flow | CN¥1.08bn | CN¥922.8m | −CN¥43.1m | CN¥7.9m | −CN¥250.0m | −CN¥12.6m | CN¥1.15bn | CN¥767.6m | −CN¥737.8m | −CN¥2.11bn |
| Dividends paid | −CN¥379.5m | −CN¥554.8m | −CN¥573.1m | −CN¥567.6m | −CN¥651.4m | −CN¥162.2m | −CN¥249.3m | −CN¥277.6m | −CN¥223.6m | −CN¥220.3m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥2.03bn | CN¥1.68bn | CN¥3.03bn | CN¥2.00bn | CN¥2.19bn | CN¥1.90bn | CN¥2.83bn | CN¥1.96bn |
| Gross profit | CN¥310.7m | CN¥296.5m | CN¥497.3m | CN¥321.4m | CN¥342.8m | CN¥280.1m | CN¥384.9m | CN¥308.2m |
| Operating income | CN¥110.6m | CN¥141.3m | CN¥232.1m | CN¥69.4m | CN¥27.2m | CN¥23.3m | −CN¥397.9m | CN¥5.7m |
| Net income | CN¥24.6m | CN¥21.6m | −CN¥440.3m | CN¥7.1m | CN¥3.7m | CN¥8.8m | −CN¥437.6m | −CN¥12.0m |
| Diluted earnings per share | 0.02 | 0.02 | -0.31 | 0.00 | 0.00 | 0.01 | -0.31 | -0.01 |
| Cash from operations | — | — | — | CN¥366.0m | CN¥261.0m | CN¥12.0m | CN¥887.0m | CN¥432.0m |
| Capital spending | −CN¥55.0m | −CN¥51.0m | −CN¥298.0m | −CN¥58.0m | −CN¥16.0m | −CN¥53.0m | −CN¥259.0m | −CN¥132.0m |
| Free cash flow | — | — | — | CN¥308.0m | CN¥245.0m | −CN¥41.0m | CN¥628.0m | CN¥300.0m |
| Total assets | CN¥23.60bn | CN¥23.94bn | CN¥24.11bn | CN¥24.26bn | CN¥24.47bn | CN¥24.60bn | CN¥24.79bn | CN¥25.60bn |
| Cash and short-term investments | — | — | — | CN¥829.0m | CN¥768.4m | CN¥870.9m | CN¥925.9m | CN¥1.17bn |
| Debt | CN¥5.56bn | CN¥5.36bn | CN¥5.08bn | CN¥6.56bn | CN¥8.93bn | CN¥9.00bn | CN¥9.29bn | CN¥10.08bn |
| Shareholders' equity | CN¥5.52bn | CN¥5.49bn | CN¥5.47bn | CN¥5.94bn | CN¥5.93bn | CN¥5.93bn | CN¥5.92bn | CN¥6.31bn |
Financial ratios
Data as of 15 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 15.8% | 16.6% | 17.1% | 22.4% | 22.6% | 17.2% |
| Operating margin | -0.0% | 2.6% | 8.0% | 13.9% | 16.0% | 12.7% |
| Net margin | -4.6% | -4.3% | 1.5% | 5.6% | 8.3% | 7.3% |
| Return on equity | -7.7% | -6.4% | 2.0% | 7.0% | 9.3% | 5.4% |
| Return on assets | -1.7% | -1.5% | 0.5% | 1.9% | 2.6% | 2.1% |
| Free cash flow yield | 45.2% | 48.6% | 42.4% | 49.9% | 19.6% | 34.5% |
| Revenue growth | 4.5% | 1.2% | 7.2% | 16.8% | 46.3% | 39.3% |
| Earnings growth | 11.3% | -396.9% | -71.5% | -21.2% | 66.7% | -10.3% |
| Current ratio | 0.87x | 0.88x | 1.10x | 1.16x | 1.21x | 1.01x |
| Debt to equity | 0.93x | 1.57x | 1.46x | 1.64x | 1.41x | 0.44x |
| Equity ratio | 22.7% | 23.9% | 26.1% | 27.1% | 28.2% | 38.5% |
| Interest coverage | -0.00x | 0.50x | 1.61x | 2.31x | 2.84x | 2.11x |
| R&D as a share of sales | 1.5% | 2.1% | 2.0% | 2.2% | 2.5% | 2.7% |
| Buybacks as a share of market value | -0.8% | -0.1% | -0.6% | 0.4% | -29.8% | -0.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 4.3% | 14.2% | 14.9% |
| Operating income | -0.8% | 16.1% | 0.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 16.2% | 17.9% | 18.5% | 21.8% |
| Operating margin | 2.2% | 3.7% | 5.0% | 8.6% |
| Net margin | -4.5% | -0.6% | 1.5% | 5.5% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -12.6 | -14.8 | 54.7 | 17.4 | 18.0 | 17.1 | 18.4 | 14.9 | 37.4 | 25.0 |
| Price to sales | 0.6 | 0.6 | 0.8 | 1.0 | 1.5 | 1.2 | 2.1 | 1.9 | 6.0 | 5.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 18 Jul 2024.
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.101 | 0.10 | 0.10 | 0.10 | 0.15 | 0.10 | 0.10 | 0.10 |
- 2-for-1 split · 27 May 2015
- 9-for-5 split · 6 Jun 2013
- 2-for-1 split · 19 Sept 2011
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.