
Niutech Energy
NiuTech Energy manufactures, researches, and develops pyrolysis processes for recycling scrap tires and waste plastic.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
N/A | N/A | IPO | |
Total Funding | 000k |

CNY | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | - | (26 %) | (52 %) | 95 % | (1 %) | (5 %) |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% EBITDA margin | 36 % | 39 % | 33 % | 29 % | 53 % | 26 % |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% profit margin | 27 % | 26 % | (11 %) | 9 % | 11 % | 11 % |
EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
R&D % of revenue | 4 % | 6 % | 10 % | 7 % | 8 % | 7 % |
Source: Company filings or news article
The story of Niutech Energy is a four-decade journey into solving a global problem: what to do with waste. The company began its focus on pyrolysis technology, a process for breaking down organic materials like scrap tires and waste plastics with heat, back in the late 1980s. This technology turns waste that would otherwise end up in landfills into usable energy products, laying the groundwork for a circular economy. The company, officially named Niutech Environment Technology Corporation and based in Jinan, China, spent years refining its process. They developed proprietary technologies to tackle key challenges in pyrolysis, such as preventing coking and ensuring stable, continuous operation. This focus on research and development led to over 100 patents and established them as a drafter of national industry standards in China. A significant moment in their journey came with their expansion into international markets, deploying their technology in countries like Germany, Denmark, the United States, and Thailand. This global reach demonstrated the viability and effectiveness of their solution on a larger scale. In a major milestone, Niutech went public, listing on the Shanghai Stock Exchange's STAR Market under the stock code 688309, which provided capital and solidified its position in the environmental technology sector.