¥1.22 ($0.18)

+0.01 (+0.83%)

SHH · Industrials · Airlines, Airports & Air Services · Tech Score Strong Sell · Power 30 · ¥52.7B mcap · 20.52B float · 1.35% daily turnover

Revenue

$65.2B +11.2% ▲

5Y CAGR: -2.1%

Gross Profit

$4.8B -21.1% ▼

5Y CAGR: -2.0%

Operating Income

-$1.3B -98.8% ▼

Net Income

-$921M -396.4% ▼

EPS (Diluted)

$-0.02 -404.3% ▼

EBITDA

$8.1B -1.2% ▼

5Y CAGR: -1.5%

View Full Income Statement

Line Item	FY2020	FY2021	FY2022	FY2023	FY2024
Revenue	$29.4B	$34.0B	$22.9B	$58.6B	$65.2B
YoY Growth	-59.4%	+15.6%	-32.8%	+156.5%	+11.2%
Cost of Revenue	$41.5B	$42.0B	$34.6B	$52.5B	$60.4B
Gross Profit	-$12.1B	-$8.0B	-$11.8B	$6.1B	$4.8B
Gross Margin	-41.1%	-23.6%	-51.4%	10.5%	7.4%
R&D Expenses	$119M	$91M	$59M	$30M	$36M
SG&A Expenses	$1.8B	$1.7B	$817M	$1.6B	$1.9B
Operating Expenses	$59.5B	-$11.6B	$16.6B	$6.8B	$6.2B
Operating Income	-$71.6B	$3.5B	-$28.4B	-$676M	-$1.3B
Operating Margin	-243.4%	10.3%	-124.1%	-1.2%	-2.1%
Interest Expense	$8.6B	$2.9B	$4.5B	$4.1B	$4.1B
Income Before Tax	-$71.3B	$4.0B	-$27.8B	-$531M	-$1.2B
Tax Expense	-$2.6B	$2M	-$6.4B	-$759M	$84M
Net Income	-$64.0B	$4.7B	-$20.2B	$311M	-$921M
Net Margin	-217.7%	13.9%	-88.6%	0.5%	-1.4%
EPS (Diluted)	$-3.83	$0.26	$-0.59	$0.01	$-0.02
EBITDA	-$11.7B	-$7.3B	-$9.2B	$8.2B	$8.1B
Shares Outstanding	16.81B	33.24B	34.09B	44.41B	43.87B

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$20.0B	$13.5B	$17.6B	$15.5B	$20.4B	$15.0B	$18.5B	$17.0B
Cost of Revenue	$16.8B	$14.2B	$15.8B	$15.1B	$16.6B	$15.8B	$16.3B	$18.5B
Gross Profit	$3.2B	-$643M	$1.8B	$422M	$3.8B	-$807M	$2.2B	-$1.5B
Gross Margin	15.9%	-4.8%	10.2%	2.7%	18.6%	-5.4%	11.9%	-8.8%
R&D Expenses	$9M	$11M	$3M	$6M	$4M	$5M	$1M	$2M
SG&A Expenses	$1.4B	-$430M	$832M	$173M	$965M	$548M	$912M	$751M
Operating Expenses	$290M	$2.7B	$1.6B	$658M	$1.0B	$692M	$530M	$800M
Operating Income	$2.9B	-$3.3B	$243M	-$237M	$2.8B	-$1.5B	$1.7B	-$2.3B
Operating Margin	14.5%	-24.8%	1.4%	-1.5%	13.7%	-10.0%	9.0%	-13.5%
Interest Expense	$1.0B	$966M	$1.0B	$1.0B	$1.0B	$936M	$963M	$986M
Income Before Tax	$2.9B	-$3.3B	$253M	-$242M	$3.0B	-$334M	$1.7B	-$1.6B
Tax Expense	-$56K	$84M	$2M	$1M	-$540K	$675M	$2M	$6M
Net Income	$2.8B	-$3.1B	$272M	-$215M	$2.8B	-$865M	$1.7B	-$1.5B
Net Margin	14.1%	-22.9%	1.5%	-1.4%	13.7%	-5.8%	9.3%	-8.5%
EPS (Diluted)	$0.07	$-0.07	$0.01	$-0.01	$0.06	$-0.02	$0.04	$-0.03
EBITDA	$3.7B	$469M	$2.2B	$1.7B	$4.0B	$3.6B	$2.7B	$411M
Shares Outstanding	43.22B	43.54B	43.22B	43.22B	43.22B	43.22B	43.24B	43.22B

600221.SS SHH