Beijing SinoHytec Reports Significant Q3 Loss Amid Increased R&D Focus

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2025.10.30 12:11
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Beijing SinoHytec Co., Ltd. (HK:2402) reported a significant Q3 loss for 2025, with operating income down 80.60% year-over-year and a net loss attributable to shareholders. The company also saw a decrease in total assets and owner’s equity. Despite these challenges, R&D investment as a proportion of operating income increased, reflecting a commitment to innovation. Adjustments in accounting for government grants affected net profit calculations. The company focuses on hydrogen fuel cell systems and aims to support the clean energy transition. Current market cap is HK$7.68B with a strong buy sentiment.

Beijing SinoHytec Co., Ltd. Class H ( (HK:2402) ) has issued an update.

Beijing SinoHytec Co., Ltd. has released its third quarterly report for 2025, revealing a significant decline in operating income by 80.60% compared to the same period last year. The company reported a net loss attributable to shareholders, with a notable decrease in total assets and owner’s equity. Despite the financial challenges, the proportion of research and development investment in operating income increased, indicating a continued focus on innovation. The report highlights adjustments due to changes in accounting for government grants, impacting the net profit calculations.

More about Beijing SinoHytec Co., Ltd. Class H

Beijing SinoHytec Co., Ltd. operates in the energy sector, focusing on the development and production of hydrogen fuel cell systems. The company is primarily engaged in the research, development, and commercialization of hydrogen energy solutions, aiming to contribute to the clean energy transition.

Average Trading Volume: 1,901,742

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$7.68B