HK$2.42 ($0.31)

-0.07 (-2.62%)

Weekly Expected Move ±4.0%

HK$2 HK$2 HK$2 HK$3 HK$3

HKSE · Industrials · Manufacturing - Textiles · Tech Score Sell · Power 36 · HK$2.5B mcap · 279M float · 0.280% daily turnover

Revenue

$5.0B -0.8% ▼

5Y CAGR: +7.5%

Gross Profit

$1.3B -1.4% ▼

5Y CAGR: +9.7%

Operating Income

$637M -6.5% ▼

5Y CAGR: +13.0%

Net Income

$551M -9.3% ▼

5Y CAGR: +16.4%

EPS (Diluted)

$0.53 -8.6% ▼

5Y CAGR: +16.2%

EBITDA

$637M -36.9% ▼

5Y CAGR: +8.4%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$4.8B	$4.5B	$4.2B	$5.1B	$5.0B
YoY Growth	+37.2%	-6.3%	-6.5%	+20.5%	-0.8%
Cost of Revenue	$3.7B	$3.6B	$3.2B	$3.7B	$3.7B
Gross Profit	$1.1B	$850M	$1.0B	$1.4B	$1.3B
Gross Margin	23.2%	18.9%	23.9%	26.8%	26.6%
R&D Expenses	$99M	$101M	$85M	$107M	$0
SG&A Expenses	$539M	$469M	$486M	$568M	$588M
Operating Expenses	$650M	$568M	$571M	$675M	$700M
Operating Income	$462M	$282M	$432M	$682M	$637M
Operating Margin	9.6%	6.3%	10.3%	13.5%	12.7%
Interest Expense	$62M	$76M	$116M	$88M	$86M
Income Before Tax	$457M	$317M	$385M	$671M	$632M
Tax Expense	$55M	$33M	$36M	$80M	$65M
Net Income	$402M	$299M	$347M	$608M	$551M
Net Margin	8.4%	6.7%	8.3%	12.0%	11.0%
EPS (Diluted)	$0.39	$0.29	$0.33	$0.58	$0.53
EBITDA	$591M	$464M	$884M	$1.0B	$637M
Shares Outstanding	1.04B	1.04B	1.04B	1.04B	1.04B

Line Item	FY2022 Q4	FY2023 Q2	FY2023 Q4	FY2024 Q2	FY2024 Q4	FY2025 Q2	FY2025 Q4	FY2026 Q2
Revenue	$2.2B	$1.9B	$2.3B	$2.4B	$2.7B	$1.2B	$2.7B	$2.6B
Cost of Revenue	$1.8B	$1.5B	$1.7B	$1.7B	$2.0B	$855M	$2.0B	$1.9B
Gross Profit	$394M	$401M	$603M	$645M	$712M	$310M	$717M	$712M
Gross Margin	17.8%	21.0%	26.3%	27.0%	26.6%	26.6%	26.6%	27.1%
R&D Expenses	$47M	$40M	$45M	$51M	$56M	$28M	$57M	$57M
SG&A Expenses	$232M	$207M	$279M	$268M	$300M	$129M	$330M	$319M
Operating Expenses	$280M	$248M	$324M	$319M	$356M	$157M	$386M	$377M
Operating Income	$114M	$153M	$279M	$326M	$356M	$153M	$330M	$336M
Operating Margin	5.2%	8.0%	12.2%	13.7%	13.3%	13.2%	12.3%	12.8%
Interest Expense	$46M	$59M	$57M	$87M	$44M	$42M	$44M	$33M
Income Before Tax	$127M	$137M	$246M	$324M	$348M	$155M	$322M	$291M
Tax Expense	$12M	$19M	$17M	$41M	$39M	$20M	$26M	$31M
Net Income	$131M	$139M	$208M	$277M	$331M	$130M	$291M	$252M
Net Margin	5.9%	7.3%	9.1%	11.6%	12.4%	11.2%	10.8%	9.6%
EPS (Diluted)	$0.13	$0.13	$0.20	$0.27	$0.32	$0.13	$0.28	$0.24
EBITDA	$205M	$234M	$339M	$490M	$520M	$162M	$343M	$354M
Shares Outstanding	1.04B	1.04B	1.04B	1.04B	1.04B	1.04B	1.04B	1.04B

2111.HK HKSE