Also trades as: 601939.SS (SHH) · $vol 202M · CICHY (OTC) · $vol 2M · CICHF (OTC) · $vol 0M · CNCB.VI (VIE) · $vol 0M

HK$9.55 ($1.22)

-0.27 (-2.70%)

Weekly Expected Move ±3.3%

HK$9 HK$9 HK$10 HK$10 HK$10

HKSE · Financial Services · Banks - Diversified · Tech Score Buy · Power 56 · HK$2.30T mcap · 94.38B float · 0.259% daily turnover

Revenue

$1.33T +118.1% ▲

5Y CAGR: +11.9%

Gross Profit

$616.2B -17.8% ▼

5Y CAGR: -4.0%

Operating Income

$370.8B -6.3% ▼

5Y CAGR: +2.1%

Net Income

$330.1B -1.6% ▼

5Y CAGR: +4.0%

EPS (Diluted)

$1.30 -0.8% ▼

5Y CAGR: +4.2%

EBITDA

$390.6B -5.8% ▼

5Y CAGR: -15.7%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$822.6B	$821.3B	$622.3B	$607.9B	$1.33T
YoY Growth	+9.0%	-0.2%	-24.2%	-2.3%	+118.1%
Cost of Revenue	$0	$0	-$785.7B	$651.7B	$709.8B
Gross Profit	$822.6B	$821.3B	$1.41T	$749.6B	$616.2B
Gross Margin	100.0%	100.0%	226.2%	123.3%	46.5%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$209.9B	$213.2B	$208.2B	$95.1B	$138.6B
Operating Expenses	$276.8B	$285.5B	$208.2B	$365.2B	$245.8B
Operating Income	$377.0B	$910.2B	$414.2B	$395.7B	$370.8B
Operating Margin	45.8%	110.8%	66.5%	65.1%	28.0%
Interest Expense	$451.9B	$526.8B	$630.1B	$651.7B	$565.5B
Income Before Tax	$378.4B	$382.0B	$389.4B	$384.4B	$370.4B
Tax Expense	$74.5B	$58.9B	$56.9B	$48.1B	$39.8B
Net Income	$302.5B	$324.7B	$332.7B	$335.6B	$330.1B
Net Margin	36.8%	39.5%	53.5%	55.2%	24.9%
EPS (Diluted)	$1.19	$1.28	$1.33	$1.31	$1.30
EBITDA	$0	$935.7B	-$4.3B	$414.6B	$390.6B
Shares Outstanding	250.01B	250.01B	250.01B	261.29B	250.01B

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$183.2B	$180.6B	$190.1B	$140.4B	$329.6B	$327.4B	$345.8B	$356.4B
Cost of Revenue	-$167.6B	$0	$146.3B	$0	$161.0B	$150.3B	$194.4B	$131.5B
Gross Profit	$350.8B	$180.6B	$190.1B	$140.4B	$168.7B	$177.0B	$151.4B	$224.9B
Gross Margin	191.5%	100.0%	100.0%	100.0%	51.2%	54.1%	43.8%	63.1%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$48.7B	$75.6B	$42.5B	$48.4B	$0	-$68.3B	$43.5B	-$3.9B
Operating Expenses	$183.2B	$82.7B	$48.4B	$89.9B	$62.1B	$87.4B	$53.3B	$61.8B
Operating Income	$294.1B	$97.9B	$141.7B	$50.5B	$106.6B	$89.7B	$98.3B	$98.4B
Operating Margin	160.5%	54.2%	74.5%	36.0%	32.3%	27.4%	28.4%	27.6%
Interest Expense	$166.4B	$154.4B	$146.3B	$146.2B	$146.9B	$138.9B	$133.3B	$130.9B
Income Before Tax	$104.6B	$86.7B	$93.6B	$88.9B	$107.1B	$89.6B	$98.1B	$98.8B
Tax Expense	$12.6B	$7.6B	$9.8B	$10.0B	$11.3B	$9.6B	$12.3B	$13.9B
Net Income	$91.5B	$79.8B	$83.4B	$78.7B	$95.3B	$80.3B	$85.5B	$82.9B
Net Margin	49.9%	44.2%	43.9%	56.1%	28.9%	24.5%	24.7%	23.3%
EPS (Diluted)	$0.35	$0.31	$0.33	$0.31	$0.38	$0.32	$0.32	$0.32
EBITDA	$274.8B	$0	$0	$96.5B	$106.6B	$89.6B	$104.9B	$98.0B
Shares Outstanding	261.29B	261.29B	252.58B	252.58B	250.01B	250.01B	261.60B	261.60B

0939.HK HKSE