DXST
DXST
Decent Holding Inc.Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q4-2025 | $7.45M ▲ | $1.55M ▼ | $156.96K ▲ | 2.11% ▲ | $0.24 ▲ | $366.94K ▲ |
| Q2-2025 | $5.5M ▼ | $1.98M ▲ | $-479.17K ▼ | -8.71% ▼ | $-0.74 ▼ | $-405.16K ▼ |
| Q4-2024 | $9.32M ▲ | $104.32K ▼ | $2.12M ▲ | 22.74% ▲ | $3.25 ▲ | $2.56M ▲ |
| Q2-2024 | $2.22M ▼ | $602.96K ▲ | $-15.85K ▼ | -0.71% ▼ | $-0.03 ▼ | $16.25K ▼ |
| Q2-2023 | $7.34M | $315.39K | $1.9M | 25.88% | $3 | $2.26M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q4-2025 | $572.81K ▼ | $17.18M ▲ | $9.45M ▲ | $7.73M ▲ |
| Q2-2025 | $838.41K ▲ | $13.51M ▲ | $6.07M ▼ | $7.44M ▲ |
| Q4-2024 | $407.03K ▼ | $11.24M ▲ | $6.22M ▲ | $5.02M ▲ |
| Q2-2024 | $909.76K ▼ | $6.05M ▲ | $3.22M ▲ | $2.83M ▲ |
| Q4-2023 | $1.33M | $5.34M | $2.53M | $2.81M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q4-2025 | $156.96K ▲ | $-2.84M ▼ | $1.62M ▲ | $917.26K ▼ | $-265.61K ▼ | $-2.84M ▼ |
| Q2-2025 | $-479.17K ▼ | $-612.55K ▼ | $-1.95M ▼ | $3.02M ▲ | $431.38K ▲ | $-613.14K ▼ |
| Q4-2024 | $2.12M ▲ | $-42.89K ▲ | $-41.79K ▲ | $-429.37K ▼ | $407.03K ▲ | $-45.33K ▲ |
| Q2-2024 | $-15.85K ▼ | $-319.43K ▼ | $-75.69K ▼ | $-37.25K ▲ | $0 | $-395.12K ▼ |
| Q2-2023 | $1.9M | $812.12K | $10.1K | $-1.78M | $0 | $811.24K |
5-Year Trend Analysis
A comprehensive look at Decent Holding Inc.'s financial evolution and strategic trajectory over the past five years.
Key positives for DXST include a meaningful revenue base with moderate gross margins, a solid equity cushion, low overall debt, and a net cash position that reduces financial stress. The company also possesses genuine technological capabilities in microbial environmental treatment, backed by patents, software, and years of project experience, and has demonstrated a willingness to innovate and diversify through its move into AI‑enabled senior care. Together, these factors suggest technical depth, some financial resilience, and multiple potential avenues for growth.
The main concerns center on the lack of current profitability, sizeable operating cash burn, and dependence on external financing to sustain operations. High overhead relative to gross profit, a large receivables position, and meaningful short‑term obligations all add execution risk around cost control and cash collection. Strategically, the shift into senior care introduces complexity and exposes the company to new competitors and regulatory regimes, raising the possibility of distraction or capital misallocation if the new venture fails to scale profitably.
Looking ahead, DXST’s trajectory will likely be shaped by its ability to tighten operating discipline, improve cash conversion, and prove that both its environmental and senior care platforms can generate attractive, repeatable returns. The company starts from a position of modest financial strength and clear technological assets, but it also faces real operational and strategic challenges. Outcomes could vary widely: if management can balance growth with financial discipline, the business may gradually move toward a more sustainable model, while continued cash burn or missteps in diversification would keep pressure on both the balance sheet and long‑term prospects.
About Decent Holding Inc.
https://www.dxshengtai.comDecent 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.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q4-2025 | $7.45M ▲ | $1.55M ▼ | $156.96K ▲ | 2.11% ▲ | $0.24 ▲ | $366.94K ▲ |
| Q2-2025 | $5.5M ▼ | $1.98M ▲ | $-479.17K ▼ | -8.71% ▼ | $-0.74 ▼ | $-405.16K ▼ |
| Q4-2024 | $9.32M ▲ | $104.32K ▼ | $2.12M ▲ | 22.74% ▲ | $3.25 ▲ | $2.56M ▲ |
| Q2-2024 | $2.22M ▼ | $602.96K ▲ | $-15.85K ▼ | -0.71% ▼ | $-0.03 ▼ | $16.25K ▼ |
| Q2-2023 | $7.34M | $315.39K | $1.9M | 25.88% | $3 | $2.26M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q4-2025 | $572.81K ▼ | $17.18M ▲ | $9.45M ▲ | $7.73M ▲ |
| Q2-2025 | $838.41K ▲ | $13.51M ▲ | $6.07M ▼ | $7.44M ▲ |
| Q4-2024 | $407.03K ▼ | $11.24M ▲ | $6.22M ▲ | $5.02M ▲ |
| Q2-2024 | $909.76K ▼ | $6.05M ▲ | $3.22M ▲ | $2.83M ▲ |
| Q4-2023 | $1.33M | $5.34M | $2.53M | $2.81M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q4-2025 | $156.96K ▲ | $-2.84M ▼ | $1.62M ▲ | $917.26K ▼ | $-265.61K ▼ | $-2.84M ▼ |
| Q2-2025 | $-479.17K ▼ | $-612.55K ▼ | $-1.95M ▼ | $3.02M ▲ | $431.38K ▲ | $-613.14K ▼ |
| Q4-2024 | $2.12M ▲ | $-42.89K ▲ | $-41.79K ▲ | $-429.37K ▼ | $407.03K ▲ | $-45.33K ▲ |
| Q2-2024 | $-15.85K ▼ | $-319.43K ▼ | $-75.69K ▼ | $-37.25K ▲ | $0 | $-395.12K ▼ |
| Q2-2023 | $1.9M | $812.12K | $10.1K | $-1.78M | $0 | $811.24K |
5-Year Trend Analysis
A comprehensive look at Decent Holding Inc.'s financial evolution and strategic trajectory over the past five years.
Key positives for DXST include a meaningful revenue base with moderate gross margins, a solid equity cushion, low overall debt, and a net cash position that reduces financial stress. The company also possesses genuine technological capabilities in microbial environmental treatment, backed by patents, software, and years of project experience, and has demonstrated a willingness to innovate and diversify through its move into AI‑enabled senior care. Together, these factors suggest technical depth, some financial resilience, and multiple potential avenues for growth.
The main concerns center on the lack of current profitability, sizeable operating cash burn, and dependence on external financing to sustain operations. High overhead relative to gross profit, a large receivables position, and meaningful short‑term obligations all add execution risk around cost control and cash collection. Strategically, the shift into senior care introduces complexity and exposes the company to new competitors and regulatory regimes, raising the possibility of distraction or capital misallocation if the new venture fails to scale profitably.
Looking ahead, DXST’s trajectory will likely be shaped by its ability to tighten operating discipline, improve cash conversion, and prove that both its environmental and senior care platforms can generate attractive, repeatable returns. The company starts from a position of modest financial strength and clear technological assets, but it also faces real operational and strategic challenges. Outcomes could vary widely: if management can balance growth with financial discipline, the business may gradually move toward a more sustainable model, while continued cash burn or missteps in diversification would keep pressure on both the balance sheet and long‑term prospects.

CEO
Haicheng Xu
Compensation Summary
(Year )
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2026-03-16 | Reverse | 1:25 |
Ratings Snapshot
Rating : C

