Also trades as: 2039.HK (HKSE) · $vol 5M

¥8.60 ($1.28)

+0.05 (+0.58%)

SHZ · Industrials · Manufacturing - Metal Fabrication · Tech Score Sell · Power 34 · ¥37.8B mcap · 2.35B float · 1.79% daily turnover

Revenue

$156.3B -12.0% ▼

5Y CAGR: +10.7%

Gross Profit

$18.4B -16.5% ▼

5Y CAGR: +6.8%

Operating Income

$5.9B -9.4% ▼

5Y CAGR: -4.4%

Net Income

$221M -92.6% ▼

5Y CAGR: -47.1%

EPS (Diluted)

$0.02 -96.2% ▼

5Y CAGR: -53.7%

EBITDA

$10.4B -12.2% ▼

5Y CAGR: +9.6%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$163.7B	$141.5B	$127.8B	$177.7B	$156.3B
YoY Growth	+73.9%	-13.5%	-9.7%	+39.0%	-12.0%
Cost of Revenue	$135.1B	$120.0B	$110.6B	$155.7B	$138.0B
Gross Profit	$28.6B	$21.6B	$17.2B	$22.0B	$18.4B
Gross Margin	17.5%	15.2%	13.4%	12.4%	11.7%
R&D Expenses	$2.3B	$2.5B	$2.4B	$2.7B	$2.8B
SG&A Expenses	$3.3B	$3.4B	$3.8B	$3.4B	$9.0B
Operating Expenses	$15.1B	$14.1B	$14.4B	$15.4B	$12.4B
Operating Income	$13.5B	$7.5B	$2.8B	$6.6B	$5.9B
Operating Margin	8.2%	5.3%	2.2%	3.7%	3.8%
Interest Expense	$1.5B	$1.5B	$2M	$2.2B	$1.6B
Income Before Tax	$13.3B	$6.9B	$2.8B	$6.6B	$2.8B
Tax Expense	$4.9B	$2.3B	$971M	$2.4B	$1.5B
Net Income	$6.7B	$3.2B	$421M	$3.0B	$221M
Net Margin	4.1%	2.3%	0.3%	1.7%	0.1%
EPS (Diluted)	$1.24	$0.85	$0.08	$0.53	$0.02
EBITDA	$19.6B	$11.7B	$7.9B	$11.9B	$10.4B
Shares Outstanding	5.39B	5.39B	5.39B	5.61B	11.04B

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$49.9B	$48.7B	$36.0B	$40.1B	$41.0B	$39.6B	$32.7B	$46.2B
Cost of Revenue	$43.1B	$41.7B	$31.7B	$34.8B	$36.3B	$34.6B	$28.9B	$40.8B
Gross Profit	$6.8B	$7.0B	$4.4B	$5.3B	$4.7B	$5.0B	$3.8B	$5.4B
Gross Margin	13.6%	14.3%	12.1%	13.2%	11.4%	12.5%	11.5%	11.7%
R&D Expenses	$695M	$888M	$494M	$690M	$724M	$880M	$586M	$971M
SG&A Expenses	$2.3B	-$3.3B	$2.2B	$2.3B	$2.4B	$2.2B	$2.1B	$2.3B
Operating Expenses	$4.7B	$4.6B	$3.1B	$3.7B	$3.3B	$3.8B	$2.8B	$3.5B
Operating Income	$2.1B	$2.3B	$1.2B	$1.6B	$1.4B	$1.1B	$1.0B	$1.9B
Operating Margin	4.2%	4.8%	3.4%	4.0%	3.3%	2.8%	3.1%	4.1%
Interest Expense	$504M	$480M	$398M	$399M	$335M	$377M	$272M	$256M
Income Before Tax	$2.1B	$2.3B	$1.2B	$1.6B	$905M	-$887M	$615M	$1.4B
Tax Expense	$738M	$841M	$514M	$520M	$274M	$171M	$203M	$393M
Net Income	$962M	$1.1B	$544M	$734M	$287M	-$1.3B	$209M	$531M
Net Margin	1.9%	2.4%	1.5%	1.8%	0.7%	-3.4%	0.6%	1.1%
EPS (Diluted)	$0.18	$0.19	$0.10	$0.13	$0.05	$-0.27	$0.04	$0.10
EBITDA	$4.5B	$3.2B	$2.4B	$2.6B	$1.2B	$750M	$887M	$3.1B
Shares Outstanding	5.37B	5.61B	5.60B	5.37B	5.96B	5.05B	5.92B	5.46B

000039.SZ SHZ