Decent Holding Inc.(DXST)Earnings, Financials & Key Ratios
DXST•NASDAQ
$2.03
$82M mkt cap·15.6× P/E·Price updated May 6, 2026
AboutDecent Holding Inc., through its subsidiaries, provides industrial wastewater treatment services in the People's Republic of China. It also provides ecological river restoration and river ecosystem management services. In addition, the company offers microbial products, including COD decreasing, algae removal, and ammonia nitrogen decreasing bacteria, as well as river conditioner that are used to enhance water quality, remove pollutants, and treat black odor water. The company was founded in 2011 and is based in Yantai, the People's Republic of China. Decent Holding Inc. is a subsidiary of Decent Limited.Show more
- Revenue$12M+22.2%
- EBITDA$3M+14.8%
- Net Income$2M+13.1%
- EPS (Diluted)0.13+18.2%
- Gross Margin27.83%-18.2%
- EBITDA Margin22.2%-6.1%
- Operating Margin21.41%-6.9%
- Net Margin18.22%-7.4%
- ROE53.71%-44.6%
- ROIC59.23%-52.3%
- Debt/Equity0.01-79.8%
DXST Key Insights
Decent Holding Inc. (DXST) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Company is almost debt free
- ✓Excellent 3Y average ROE of 64.3%
- ✓Healthy 5Y average net margin of 16.2%
- ✓Efficient asset utilization: 1.0x turnover
✗Weaknesses
- ✗Weak Piotroski F-Score: 3/9
- ✗Negative free cash flow
- ✗Weak momentum: RS Rating 2 (bottom 2%)
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
DXST Price & Volume
Decent Holding Inc. (DXST) stock price & volume — 10-year historical chart
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DXST Growth Metrics
Decent Holding Inc. (DXST) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years54.37%
TTM-
Profit CAGR
10 Years-
5 Years-
3 Years59.65%
TTM-
EPS CAGR
10 Years-
5 Years-
3 Years59.9%
TTM-
Return on Capital
10 Years67.61%
5 Years67.61%
3 Years71.51%
Last Year62.67%
DXST Peer Comparison
Decent Holding Inc. (DXST) competitors in Water and Wastewater Treatment Services — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 BTBT | 621.7M | 1.93 | 9.65 | 264.59% | 21.41% | 0.03 | ||
 HIVE | 732.64M | 2.94 | -125.64 | 0.71% | 3.3% | 0.12 | ||
 MARA | 4.95B | 13.03 | -3.53 | 38.2% | -30.54% | 1.05 | ||
 RIOT | 8.98B | 23.68 | -12.14 | 71.89% | -28.78% | 0.10 | ||
 CLSK | 3.71B | 14.50 | 12.95 | 102.21% | -33.25% | -13.75% | 0.38 | |
 HUT | 12.08B | 108.94 | -50.91 | -90.71% | -17.66% | 0.25 | ||
 COIN | 56.86B | 197.96 | 44.49 | 1.03% | 20.08% | 0.52 | ||
 MSTR | 51.87B | 186.82 | -12.27 | 2.97% | -25.66% | -25.66% | 0.16 |
Compare DXST vs Peers
Decent Holding Inc. (DXST) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
DXST Income Statement
Decent Holding Inc. (DXST) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Oct'21 | Oct'22 | Oct'23 | Oct'24 | TTM |
|---|---|---|---|---|---|
| Sales/Revenue | 3.14M | 3.59M | 9.45M | 11.54M | 24.38M |
| Revenue Growth % | - | 14.52% | 162.89% | 22.18% | - |
| Cost of Goods Sold | 1.75M | 1.94M | 6.23M | 8.33M | 17.11M |
| COGS % of Revenue | 55.66% | 53.98% | 65.96% | 72.17% | - |
| Gross Profit | 1.39M▲ 0% | 1.65M▲ 18.9% | 3.22M▲ 94.4% | 3.21M▼ 0.1% | 7.26M▲ 0% |
| Gross Margin % | 44.34% | 46.02% | 34.04% | 27.83% | 29.8% |
| Gross Profit Growth % | - | 18.86% | 94.43% | -0.1% | - |
| Operating Expenses | 699.47K | 1.16M | 1.04M | 741.47K | 3M |
| OpEx % of Revenue | 22.29% | 32.15% | 11.05% | 6.42% | - |
| Selling, General & Admin | 617.87K | 1.09M | 921.26K | 678.65K | 2.9M |
| SG&A % of Revenue | 19.69% | 30.46% | 9.75% | 5.88% | - |
| Research & Development | 81.59K | 60.88K | 122.44K | 28.98K | 96.18K |
| R&D % of Revenue | 2.6% | 1.69% | 1.3% | 0.25% | - |
| Other Operating Expenses | 0 | 0 | 0 | 33.84K | 0 |
| Operating Income | 692.02K▲ 0% | 498.52K▼ 28.0% | 2.17M▲ 335.7% | 2.47M▲ 13.8% | 4.26M▲ 0% |
| Operating Margin % | 22.05% | 13.87% | 22.99% | 21.41% | 17.49% |
| Operating Income Growth % | - | -27.96% | 335.67% | 13.77% | - |
| EBITDA | 696.77K | 519.32K | 2.23M | 2.56M | 4.43M |
| EBITDA Margin % | 22.2% | 14.45% | 23.63% | 22.2% | 18.18% |
| EBITDA Growth % | - | -25.47% | 329.88% | 14.77% | - |
| D&A (Non-Cash Add-back) | 4.75K | 20.8K | 60.55K | 91.38K | 167.68K |
| EBIT | 688.72K | 518.12K | 2.18M | 2.48M | 4.27M |
| Net Interest Income | -93.05K | -85.33K | -597 | 12.34K | 21.18K |
| Interest Income | 165 | 1.34K | 5.42K | 12.34K | 27.25K |
| Interest Expense | 93.22K | 86.67K | 6.02K | 0 | 6.06K |
| Other Income/Expense | -96.52K | -67.07K | 4.62K | 13.18K | -3.98K |
| Pretax Income | 595.51K▲ 0% | 431.45K▼ 27.5% | 2.18M▲ 404.5% | 2.48M▲ 14.1% | 4.26M▲ 0% |
| Pretax Margin % | 18.98% | 12.01% | 23.04% | 21.52% | 17.48% |
| Income Tax | 78.61K | 59.01K | 316.93K | 380.77K | 737.56K |
| Effective Tax Rate % | 13.2% | 13.68% | 14.56% | 15.33% | 17.31% |
| Net Income | 516.89K▲ 0% | 372.44K▼ 27.9% | 1.86M▲ 399.3% | 2.1M▲ 13.1% | 3.52M▲ 0% |
| Net Margin % | 16.47% | 10.36% | 19.68% | 18.22% | 14.45% |
| Net Income Growth % | - | -27.95% | 399.31% | 13.11% | - |
| Net Income (Continuing) | 516.89K | 372.44K | 1.86M | 2.1M | 3.52M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.03▲ 0% | 0.02▼ 28.0% | 0.11▲ 380.3% | 0.13▲ 18.2% | 0.22▲ 0% |
| EPS Growth % | - | -27.99% | 380.35% | 18.18% | - |
| EPS (Basic) | 0.03 | 0.02 | 0.11 | 0.13 | - |
| Diluted Shares Outstanding | 16.25M | 16.25M | 16.25M | 16.25M | 16.25M |
| Basic Shares Outstanding | 16.25M | 16.25M | 16.25M | 16.25M | 16.25M |
| Dividend Payout Ratio | - | - | - | - | - |
DXST Balance Sheet
Decent Holding Inc. (DXST) balance sheet — assets, liabilities & shareholders' equity
| Line item | Oct'21 | Oct'22 | Oct'23 | Oct'24 | TTM |
|---|---|---|---|---|---|
| Total Current Assets | 6.65M | 7.49M | 4.2M | 9.77M | 12.99M |
| Cash & Short-Term Investments | 747.86K | 1.97M | 1.33M | 407.03K | 838.41K |
| Cash Only | 747.86K | 1.97M | 1.33M | 407.03K | 838.41K |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 3.35M | 1.73M | 2.35M | 9.36M | 10.96M |
| Days Sales Outstanding | 389.18 | 176.05 | 90.68 | 295.92 | 96.36 |
| Inventory | 2.44M | 1.69M | 187 | 134 | 129 |
| Days Inventory Outstanding | 509.49 | 318.19 | 0.01 | 0.01 | 17.96 |
| Other Current Assets | 0 | 0 | 0 | 0 | 1.19M |
| Total Non-Current Assets | 140.79K | 869.34K | 1.14M | 1.46M | 529.12K |
| Property, Plant & Equipment | 56.22K | 415.33K | 442.02K | 353.64K | 275.58K |
| Fixed Asset Turnover | 55.82x | 8.65x | 21.37x | 32.64x | 68.79x |
| Goodwill | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 6.64K | 6.26K | 6.09K | 5.79K |
| Long-Term Investments | 0 | 1.5K | 1.5K | 1.5K | 1.5K |
| Other Non-Current Assets | 0 | 329.75K | 545.88K | 966.29K | 2.28M |
| Total Assets | 6.79M▲ 0% | 8.36M▲ 23.2% | 5.34M▼ 36.1% | 11.24M▲ 110.4% | 13.51M▲ 0% |
| Asset Turnover | 0.46x | 0.43x | 1.77x | 1.03x | 2.53x |
| Asset Growth % | - | 23.17% | -36.13% | 110.37% | 102% |
| Total Current Liabilities | 5.55M | 7.25M | 2.49M | 6.21M | 6.07M |
| Accounts Payable | 387.58K | 3.52K | 87.59K | 1.85M | 1.11M |
| Days Payables Outstanding | 81 | 0.66 | 5.13 | 81.14 | 19.45 |
| Short-Term Debt | 1.69M | 1.81M | 75.33K | 0 | 16.11K |
| Deferred Revenue (Current) | 2.61M | 4.44M | 0 | 0 | 4.38M |
| Other Current Liabilities | 0 | 0 | -54.54K | 41.17K | 20.07K |
| Current Ratio | 1.20x | 1.03x | 1.69x | 1.57x | 1.57x |
| Quick Ratio | 0.76x | 0.80x | 1.69x | 1.57x | 1.57x |
| Cash Conversion Cycle | 817.66 | 493.58 | 85.56 | 214.79 | 94.87 |
| Total Non-Current Liabilities | 499.61K | 90.81K | 40.69K | 13.55K | 6.63K |
| Long-Term Debt | 499.61K | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 90.81K | 40.69K | 13.55K | 127.68K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 6.05M | 7.34M | 2.53M | 6.22M | 6.07M |
| Total Debt | 2.19M | 1.96M | 116.02K | 41.83K | 22.75K |
| Net Debt | 1.44M | -1.22K | -1.21M | -365.21K | -815.67K |
| Debt / Equity | 2.97x | 1.92x | 0.04x | 0.01x | 0.01x |
| Debt / EBITDA | 3.14x | 3.78x | 0.05x | 0.02x | 0.01x |
| Net Debt / EBITDA | 2.07x | -0.00x | -0.54x | -0.14x | -0.14x |
| Interest Coverage | 7.42x | 5.75x | 360.96x | - | 703.60x |
| Total Equity | 738.42K▲ 0% | 1.02M▲ 38.4% | 2.81M▲ 175.4% | 5.02M▲ 78.3% | 7.44M▲ 0% |
| Equity Growth % | - | 38.42% | 175.38% | 78.26% | 220.61% |
| Book Value per Share | 0.05 | 0.06 | 0.17 | 0.31 | 0.46 |
| Total Shareholders' Equity | 738.42K | 1.02M | 2.81M | 5.02M | 7.44M |
| Common Stock | 1.5K | 1.5K | 1.5K | 1.5K | 1.63K |
| Retained Earnings | -423.81K | -9.33K | 1.66M | 3.55M | 3.05M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -47.86K | -178.66K | -57.58K | 256.2K | 142.12K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
DXST Cash Flow Statement
Decent Holding Inc. (DXST) cash flow — operating, investing & free cash flow history
| Line item | Oct'21 | Oct'22 | Oct'23 | Oct'24 | TTM |
|---|---|---|---|---|---|
| Cash from Operations | 651.16K | 1.39M | 1.58M | -362.32K | -362.32K |
| Operating CF Margin % | 20.75% | 38.7% | 16.77% | -3.14% | - |
| Operating CF Growth % | - | 113.61% | 13.9% | -122.87% | -231.1% |
| Net Income | 516.89K | 372.44K | 1.86M | 2.1M | 3.52M |
| Depreciation & Amortization | 4.75K | 20.8K | 60.55K | 91.38K | 167.68K |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes | 78.61K | -39.63K | -27.99K | 10.05K | -87.9K |
| Other Non-Cash Items | 256.34K | 413.98K | 230.84K | 28.85K | 723.21K |
| Working Capital Changes | -205.43K | 623.34K | -538.77K | -2.6M | -4.49M |
| Change in Receivables | -282.8K | 135.73K | -783.5K | -6.76M | -8.84M |
| Change in Inventory | -30.26K | 479.33K | 1.78M | -127 | 1.82M |
| Change in Payables | 372.19K | -371.39K | 87.08K | 1.75M | 1.13M |
| Cash from Investing | -872.44K | 599.61K | -143.03K | -117.48K | -2.05M |
| Capital Expenditures | -3.39K | -254.83K | -153.79K | -78.13K | -79.59K |
| CapEx % of Revenue | 0.11% | 7.09% | 1.63% | 0.68% | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - |
| Other Investing | -869.04K | 854.44K | 10.76K | -39.35K | -1.97M |
| Cash from Financing | 958.9K | -544.36K | -2.1M | -466.61K | 775.23K |
| Debt Issued (Net) | 1.52M | -129.59K | -1.89M | -23.66K | -1.82M |
| Equity Issued (Net) | 0 | 0 | 0 | -417.49K | -417.49K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -558.22K | -414.76K | -209.81K | -25.47K | 3.01M |
| Net Change in Cash | 746.48K▲ 0% | 1.22M▲ 63.1% | -639.9K▼ 152.6% | -918.43K▼ 43.5% | 838.41K▲ 0% |
| Free Cash Flow | 647.76K▲ 0% | 1.13M▲ 74.2% | 1.43M▲ 26.8% | -440.45K▼ 130.8% | -242.35K▲ 0% |
| FCF Margin % | 20.64% | 31.4% | 15.14% | -3.82% | -0.99% |
| FCF Growth % | - | 74.22% | 26.75% | -130.79% | - |
| FCF per Share | 0.04 | 0.07 | 0.09 | -0.03 | -0.03 |
| FCF Conversion (FCF/Net Income) | 1.26x | 3.73x | 0.85x | -0.17x | -0.07x |
| Interest Paid | 93.22K | 86.67K | 6.02K | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 |
DXST Key Ratios
Decent Holding Inc. (DXST) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|
| Return on Equity (ROE) | 42.31% | 96.94% | 53.71% | 47.34% |
| Return on Invested Capital (ROIC) | 23.35% | 124.06% | 59.23% | 59.23% |
| Gross Margin | 46.02% | 34.04% | 27.83% | 29.8% |
| Net Margin | 10.36% | 19.68% | 18.22% | 14.45% |
| Debt / Equity | 1.92x | 0.04x | 0.01x | 0.01x |
| Interest Coverage | 5.75x | 360.96x | - | 703.60x |
| FCF Conversion | 3.73x | 0.85x | -0.17x | -0.07x |
| Revenue Growth | 14.52% | 162.89% | 22.18% | - |
DXST Frequently Asked Questions
Decent Holding Inc. (DXST) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Decent Holding Inc. (DXST) reported $24.4M in revenue for fiscal year 2024. This represents a 677% increase from $3.1M in 2021.
Decent Holding Inc. (DXST) grew revenue by 22.2% over the past year. This is strong growth.
Yes, Decent Holding Inc. (DXST) is profitable, generating $3.5M in net income for fiscal year 2024 (18.2% net margin).
Dividend & Returns
Decent Holding Inc. (DXST) has a return on equity (ROE) of 53.7%. This is excellent, indicating efficient use of shareholder capital.
Decent Holding Inc. (DXST) had negative free cash flow of $0.2M in fiscal year 2024, likely due to heavy capital investments.
Explore More DXST
Decent Holding Inc. (DXST) financial analysis — history, returns, DCA and operating performance tools
Total Return Calculator
Historical returns with dividends reinvested
DCA Calculator
Dollar cost averaging vs lump sum
Dividend History
Yield, growth, payout safety & DRIP
Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates