HK$0.21 ($0.03)

+0.00 (+0.48%)

Weekly Expected Move ±5.4%

HK$0 HK$0 HK$0 HK$0 HK$0

HKSE · Consumer Cyclical · Auto - Parts · Tech Score Sell · Power 42 · HK$266.7M mcap · 445M float · 0.062% daily turnover

Analysis Technicals Weather Peers

Revenue

$4.6B -24.5% ▼

5Y CAGR: +21.8%

Gross Profit

$181M -1.3% ▼

5Y CAGR: +8.1%

Operating Income

$57M +583.5% ▲

Net Income

$20M -48.6% ▼

EPS (Diluted)

$0.02 -48.7% ▼

EBITDA

$278M +289.3% ▲

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$1.5B	$1.7B	$5.3B	$6.1B	$4.6B
YoY Growth	-14.6%	+13.0%	+223.2%	+13.9%	-24.5%
Cost of Revenue	$1.4B	$1.6B	$5.2B	$5.9B	$4.4B
Gross Profit	$76M	$102M	$176M	$184M	$181M
Gross Margin	5.2%	6.2%	3.3%	3.0%	3.9%
R&D Expenses	$95M	$44M	$0	$101M	$0
SG&A Expenses	$217M	$156M	$143M	$183M	$125M
Operating Expenses	$403M	$223M	$262M	$273M	$125M
Operating Income	-$326M	-$121M	-$86M	-$12M	$57M
Operating Margin	-22.3%	-7.3%	-1.6%	-0.2%	1.2%
Interest Expense	$58M	$62M	$57M	$48M	$37M
Income Before Tax	-$400M	-$111M	$49M	$42M	$29M
Tax Expense	-$7M	$5M	$7M	$4M	$9M
Net Income	-$393M	-$116M	$41M	$38M	$20M
Net Margin	-26.9%	-7.0%	0.8%	0.6%	0.4%
EPS (Diluted)	$-0.31	$-0.09	$0.03	$0.03	$0.02
EBITDA	-$2M	$135M	$371M	$72M	$278M
Shares Outstanding	1.28B	1.28B	1.28B	1.28B	1.28B

Line Item	FY2022 Q4	FY2023 Q2	FY2023 Q4	FY2024 Q2	FY2024 Q4	FY2025 Q2	FY2025 Q4	FY2026 Q2
Revenue	$1.2B	$2.2B	$3.1B	$2.6B	$3.5B	$2.8B	$1.9B	$1.2B
Cost of Revenue	$1.1B	$2.1B	$3.0B	$2.5B	$3.4B	$2.7B	$1.9B	$1.1B
Gross Profit	$73M	$107M	$69M	$110M	$74M	$132M	$54M	$84M
Gross Margin	6.2%	4.8%	2.2%	4.2%	2.1%	4.7%	2.8%	7.0%
R&D Expenses	$44M	$0	$113M	$78M	$23M	$0	$64M	$0
SG&A Expenses	$123M	$90M	$58M	$97M	$86M	$104M	$34M	$86M
Operating Expenses	$117M	$52M	$171M	$87M	$109M	$104M	$98M	$86M
Operating Income	-$58M	$7M	-$103M	$23M	-$35M	$28M	-$45M	-$2M
Operating Margin	-5.0%	0.3%	-3.3%	0.9%	-1.0%	1.0%	-2.3%	-0.1%
Interest Expense	$0	$0	$0	$26M	$18M	$18M	$18M	$21M
Income Before Tax	-$76M	$25M	$23M	$24M	$19M	$18M	$12M	$24M
Tax Expense	$2M	$4M	$4M	$2M	$3M	$1M	$8M	$3M
Net Income	-$78M	$22M	$19M	$22M	$16M	$16M	$4M	$18M
Net Margin	-6.7%	1.0%	0.6%	0.8%	0.5%	0.6%	0.2%	1.5%
EPS (Diluted)	$-0.06	$0.02	$0.02	$0.02	$0.01	$0.01	$0.00	$0.01
EBITDA	-$51M	$54M	$12M	$56M	$15M	$62M	$41M	$80M
Shares Outstanding	1.28B	1.28B	1.28B	1.28B	1.28B	1.28B	1.28B	1.28B

1148.HK HKSE