Also trades as: 600941.SS (SHH) · $vol 141M · CTM.F (FSX) · $vol 0M

HK$78.85 ($10.05)

+0.00 (+0.00%)

Weekly Expected Move ±0.9%

HK$77 HK$78 HK$79 HK$80 HK$80

HKSE · Communication Services · Telecommunications Services · Tech Score Neutral · Power 47 · HK$1.64T mcap · 6.62B float · 0.220% daily turnover

Analysis Technicals Weather Peers

Revenue

$1.02T -1.7% ▼

5Y CAGR: +5.9%

Gross Profit

$230.7B -23.6% ▼

5Y CAGR: -10.2%

Operating Income

$145.2B -17.7% ▼

5Y CAGR: +5.2%

Net Income

$133.5B -3.5% ▼

5Y CAGR: +4.4%

EPS (Diluted)

$6.14 -4.4% ▼

5Y CAGR: +3.1%

EBITDA

$330.2B +12.4% ▲

5Y CAGR: +4.8%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$848.3B	$937.3B	$1.01T	$1.04T	$1.02T
YoY Growth	+10.4%	+10.5%	+7.7%	+3.1%	-1.7%
Cost of Revenue	$604.2B	$677.1B	$724.6B	$739.0B	$792.3B
Gross Profit	$244.1B	$260.2B	$284.7B	$301.8B	$230.7B
Gross Margin	28.8%	27.8%	28.2%	29.0%	22.5%
R&D Expenses	$15.6B	$18.1B	$28.7B	$28.2B	$3.7B
SG&A Expenses	$105.6B	$109.0B	$118.0B	$126.3B	$77.8B
Operating Expenses	$92.1B	$98.9B	$116.6B	$125.5B	$85.5B
Operating Income	$152.0B	$161.3B	$168.1B	$176.3B	$145.2B
Operating Margin	17.9%	17.2%	16.7%	16.9%	14.2%
Interest Expense	$2.6B	$2.4B	$3.7B	$3.3B	$3.6B
Income Before Tax	$152.0B	$162.9B	$170.5B	$178.4B	$171.1B
Tax Expense	$35.9B	$37.3B	$38.6B	$39.9B	$37.4B
Net Income	$115.9B	$125.5B	$131.8B	$138.4B	$133.5B
Net Margin	13.7%	13.4%	13.1%	13.3%	13.1%
EPS (Diluted)	$5.67	$5.88	$6.16	$6.42	$6.14
EBITDA	$313.2B	$336.9B	$346.5B	$293.9B	$330.2B
Shares Outstanding	20.48B	21.34B	21.41B	21.54B	21.75B

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$244.7B	$249.3B	$263.8B	$280.0B	$250.8B	$251.8B	$264.1B	$270.4B
Cost of Revenue	$169.1B	$191.4B	$192.7B	$179.4B	$186.3B	$236.0B	$204.7B	$188.0B
Gross Profit	$75.6B	$57.9B	$71.0B	$100.6B	$64.5B	$15.7B	$59.4B	$82.4B
Gross Margin	30.9%	23.2%	26.9%	35.9%	25.7%	6.2%	22.5%	30.5%
R&D Expenses	$8.3B	$7.9B	$3.2B	$7.2B	$0	$0	$0	$0
SG&A Expenses	$33.2B	$24.6B	$34.0B	$34.7B	$12.2B	$29.8B	$14.5B	$13.7B
Operating Expenses	$36.6B	$23.1B	$32.0B	$33.3B	$12.2B	$29.8B	$14.5B	$13.7B
Operating Income	$39.0B	$34.8B	$39.0B	$67.3B	$52.2B	-$14.1B	$44.9B	$68.7B
Operating Margin	15.9%	14.0%	14.8%	24.0%	20.8%	-5.6%	17.0%	25.4%
Interest Expense	$801M	$797M	$832M	$838M	$890M	$1.1B	$875M	$832M
Income Before Tax	$39.4B	$35.9B	$39.3B	$67.8B	$39.7B	$28.4B	$37.2B	$61.3B
Tax Expense	$8.7B	$8.3B	$8.7B	$14.1B	$8.6B	$6.9B	$8.1B	$11.8B
Net Income	$30.7B	$27.5B	$30.6B	$53.6B	$31.1B	$21.4B	$29.1B	$49.4B
Net Margin	12.5%	11.0%	11.6%	19.1%	12.4%	8.5%	11.0%	18.3%
EPS (Diluted)	$1.39	$1.29	$1.42	$2.44	$1.44	$0.98	$1.33	$2.27
EBITDA	$76.5B	$60.5B	$70.8B	$94.4B	$84.1B	$76.7B	$85.4B	$116.2B
Shares Outstanding	21.57B	21.58B	21.57B	21.89B	21.61B	21.90B	21.73B	21.81B

0941.HK HKSE