Also trades as: XISHY (OTC) · $vol 0M · XNYIF (OTC) · $vol 0M

HK$1.89 ($0.24)

+0.01 (+0.53%)

Weekly Expected Move ±3.8%

HK$2 HK$2 HK$2 HK$2 HK$2

HKSE · Energy · Solar · Tech Score Sell · Power 33 · HK$17.2B mcap · 4.51B float · 1.37% daily turnover

Revenue

$22.6B +3.2% ▲

5Y CAGR: +12.9%

Gross Profit

$4.8B +39.3% ▲

5Y CAGR: -5.9%

Operating Income

$3.7B +57.9% ▲

5Y CAGR: -8.9%

Net Income

$916M -9.2% ▼

5Y CAGR: -27.5%

EPS (Diluted)

$0.10 -9.1% ▼

5Y CAGR: -28.9%

EBITDA

$6.0B +41.5% ▲

5Y CAGR: -2.4%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$16.1B	$20.5B	$26.6B	$21.9B	$22.6B
YoY Growth	+30.4%	+27.9%	+29.6%	-17.7%	+3.2%
Cost of Revenue	$8.5B	$14.4B	$19.5B	$18.4B	$17.8B
Gross Profit	$7.5B	$6.1B	$7.1B	$3.5B	$4.8B
Gross Margin	46.8%	29.8%	26.6%	15.8%	21.4%
R&D Expenses	$324M	$562M	$767M	$636M	$646M
SG&A Expenses	$599M	$945M	$1.3B	$1.1B	$576M
Operating Expenses	$1.1B	$1.0B	$1.2B	$1.1B	$1.2B
Operating Income	$6.4B	$5.1B	$5.9B	$2.3B	$3.7B
Operating Margin	39.7%	24.8%	22.1%	10.6%	16.2%
Interest Expense	$141M	$198M	$384M	$432M	$368M
Income Before Tax	$6.6B	$5.2B	$5.6B	$1.9B	$1.2B
Tax Expense	$987M	$835M	$871M	$526M	$534M
Net Income	$4.9B	$3.8B	$4.2B	$1.0B	$916M
Net Margin	30.7%	18.6%	15.7%	4.6%	4.0%
EPS (Diluted)	$0.56	$0.43	$0.47	$0.11	$0.10
EBITDA	$7.8B	$6.9B	$7.8B	$4.3B	$6.0B
Shares Outstanding	8.86B	8.91B	8.90B	8.94B	9.09B

Line Item	FY2022 Q4	FY2023 Q2	FY2023 Q4	FY2024 Q2	FY2024 Q4	FY2025 Q2	FY2025 Q4	FY2026 Q2
Revenue	$10.8B	$12.1B	$14.5B	$12.7B	$9.2B	$12.0B	$11.2B	$9.6B
Cost of Revenue	$8.0B	$9.5B	$10.1B	$9.3B	$9.2B	$9.8B	$8.3B	$8.6B
Gross Profit	$2.9B	$2.7B	$4.4B	$3.4B	$67M	$2.2B	$2.7B	$1.0B
Gross Margin	26.3%	22.0%	30.5%	26.8%	0.7%	18.3%	24.4%	10.9%
R&D Expenses	$323M	$317M	$449M	$327M	$309M	$307M	$352M	$308M
SG&A Expenses	$36M	$318M	$696M	$650M	$496M	$566M	$545M	$578M
Operating Expenses	$348M	$607M	$638M	$539M	$607M	$770M	$2.6B	$545M
Operating Income	$2.5B	$2.1B	$3.8B	$2.9B	-$540M	$1.4B	$204M	$504M
Operating Margin	23.1%	17.0%	26.1%	22.6%	-5.8%	11.9%	1.8%	5.2%
Interest Expense	$151M	$225M	$287M	$283M	$192M	$186M	$183M	$180M
Income Before Tax	$2.5B	$2.0B	$3.5B	$2.7B	-$726M	$1.3B	$30M	$356M
Tax Expense	$415M	$334M	$536M	$507M	$20M	$153M	$395M	$95M
Net Income	$1.9B	$1.4B	$2.8B	$2.0B	-$954M	$817M	$108M	$44M
Net Margin	17.7%	11.5%	19.3%	15.5%	-10.3%	6.8%	1.0%	0.5%
EPS (Diluted)	$0.21	$0.16	$0.31	$0.22	$-0.11	$0.09	$0.01	$0.00
EBITDA	$3.5B	$3.0B	$4.7B	$3.8B	$429M	$3.0B	$3.3B	$1.7B
Shares Outstanding	8.92B	8.90B	8.90B	8.91B	8.98B	9.08B	9.11B	9.15B

0968.HK HKSE