Also trades as: LGFRY (OTC) · $vol 1M · LNGPF (OTC) · $vol 0M

HK$5.46 ($0.70)

-0.23 (-4.04%)

Weekly Expected Move ±9.2%

HK$4 HK$5 HK$5 HK$6 HK$6

HKSE · Real Estate · Real Estate - Development · Tech Score Sell · Power 35 · HK$37.5B mcap · 2.12B float · 1.01% daily turnover

Revenue

$94.9B -25.5% ▼

5Y CAGR: -12.4%

Gross Profit

$9.0B -55.9% ▼

5Y CAGR: -30.1%

Operating Income

$2.9B -75.3% ▼

5Y CAGR: -41.2%

Net Income

$995M -90.4% ▼

5Y CAGR: -45.1%

EPS (Diluted)

$0.14 -91.1% ▼

5Y CAGR: -47.0%

EBITDA

$6.3B -48.2% ▼

5Y CAGR: -31.6%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$223.4B	$250.6B	$180.7B	$127.5B	$94.9B
YoY Growth	+21.0%	+12.2%	-27.9%	-29.5%	-25.5%
Cost of Revenue	$166.8B	$197.5B	$150.2B	$107.1B	$85.9B
Gross Profit	$56.5B	$53.0B	$30.6B	$20.4B	$9.0B
Gross Margin	25.3%	21.2%	16.9%	16.0%	9.5%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$16.3B	$12.1B	$10.8B	$8.7B	$0
Operating Expenses	$16.3B	$12.1B	$10.8B	$8.6B	$6.1B
Operating Income	$40.3B	$40.9B	$19.8B	$11.9B	$2.9B
Operating Margin	18.0%	16.3%	11.0%	9.3%	3.1%
Interest Expense	$932M	$1.0B	$942M	$863M	$869M
Income Before Tax	$47.6B	$45.8B	$24.7B	$18.7B	$5.1B
Tax Expense	$15.8B	$13.0B	$7.6B	$6.6B	$4.1B
Net Income	$23.9B	$24.4B	$12.9B	$10.4B	$995M
Net Margin	10.7%	9.7%	7.1%	8.2%	1.0%
EPS (Diluted)	$3.99	$4.05	$2.06	$1.57	$0.14
EBITDA	$40.7B	$41.4B	$20.2B	$12.1B	$6.3B
Shares Outstanding	5.98B	6.01B	6.23B	6.61B	6.82B

Line Item	FY2022 Q4	FY2023 Q2	FY2023 Q4	FY2024 Q2	FY2024 Q4	FY2025 Q2	FY2025 Q4	FY2026 Q2
Revenue	$155.8B	$62.0B	$118.7B	$46.9B	$80.6B	$58.8B	$38.6B	$39.8B
Cost of Revenue	$122.9B	$48.1B	$102.0B	$37.2B	$69.8B	$51.3B	$36.5B	$35.4B
Gross Profit	$32.9B	$13.9B	$16.7B	$9.6B	$10.8B	$7.4B	$2.0B	$4.4B
Gross Margin	21.1%	22.4%	14.1%	20.6%	13.4%	12.6%	5.2%	11.1%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$5.9B	$5.3B	$5.5B	$4.2B	$4.5B	$3.2B	$3.3B	$2.8B
Operating Expenses	$3.3B	$1.5B	$9.2B	$4.2B	$4.5B	$3.2B	$3.3B	$2.8B
Operating Income	$27.0B	$8.6B	$11.2B	$5.4B	$6.3B	$4.2B	-$1.3B	$1.7B
Operating Margin	17.3%	13.9%	9.4%	11.6%	7.8%	7.1%	-3.4%	4.2%
Interest Expense	$0	$0	$0	$0	$186M	$359M	$405M	$420M
Income Before Tax	$29.9B	$12.4B	$12.4B	$9.1B	$9.6B	$6.4B	-$1.1B	$3.9B
Tax Expense	$8.0B	$3.1B	$4.5B	$2.2B	$4.4B	$2.4B	$1.8B	$1.5B
Net Income	$16.9B	$8.1B	$4.8B	$5.9B	$4.5B	$3.2B	-$2.2B	$2.0B
Net Margin	10.8%	13.0%	4.0%	12.5%	5.6%	5.5%	-5.7%	4.9%
EPS (Diluted)	$2.79	$1.31	$0.76	$0.90	$0.68	$0.48	$-0.32	$0.28
EBITDA	$27.3B	$8.8B	$11.4B	$5.6B	$6.5B	$4.3B	-$1.2B	$1.8B
Shares Outstanding	6.05B	6.16B	6.32B	6.54B	6.68B	6.76B	6.87B	6.91B

0960.HK HKSE