Also trades as: 1186.HK (HKSE) · $vol 3M

¥6.02 ($0.90)

+0.07 (+1.18%)

SHH · Industrials · Engineering & Construction · Tech Score Sell · Power 33 · ¥81.7B mcap · 4.22B float · 1.02% daily turnover

Analysis Technicals Weather Peers

Revenue

$1.07T -6.2% ▼

5Y CAGR: +5.1%

Gross Profit

$107.6B -7.8% ▼

5Y CAGR: +6.1%

Operating Income

$32.3B -16.4% ▼

5Y CAGR: +3.2%

Net Income

$22.2B -14.9% ▼

5Y CAGR: +1.9%

EPS (Diluted)

$1.46 -15.6% ▼

5Y CAGR: +1.9%

EBITDA

$63.3B -3.9% ▼

5Y CAGR: +6.0%

View Full Income Statement

Line Item	FY2020	FY2021	FY2022	FY2023	FY2024
Revenue	$910.3B	$1.02T	$1.10T	$1.14T	$1.07T
YoY Growth	+9.6%	+12.0%	+7.5%	+3.8%	-6.2%
Cost of Revenue	$826.3B	$922.4B	$987.0B	$1.02T	$959.6B
Gross Profit	$84.0B	$97.6B	$109.3B	$116.7B	$107.6B
Gross Margin	9.2%	9.6%	10.0%	10.3%	10.1%
R&D Expenses	$18.6B	$20.3B	$25.0B	$26.7B	$25.7B
SG&A Expenses	$24.7B	$26.9B	$28.5B	$30.8B	$29.2B
Operating Expenses	$53.0B	$62.8B	$71.9B	$78.1B	$75.3B
Operating Income	$31.0B	$34.8B	$37.4B	$38.6B	$32.3B
Operating Margin	3.4%	3.4%	3.4%	3.4%	3.0%
Interest Expense	$9.7B	$7.8B	$8.3B	$7.5B	$12.1B
Income Before Tax	$31.5B	$35.2B	$37.8B	$38.8B	$32.5B
Tax Expense	$5.8B	$5.8B	$6.0B	$6.5B	$5.4B
Net Income	$22.4B	$24.7B	$26.7B	$26.1B	$22.2B
Net Margin	2.5%	2.4%	2.4%	2.3%	2.1%
EPS (Diluted)	$1.44	$1.60	$1.76	$1.73	$1.46
EBITDA	$49.1B	$54.3B	$63.7B	$65.8B	$63.3B
Shares Outstanding	14.14B	13.58B	13.58B	13.58B	15.22B

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$242.0B	$309.0B	$256.8B	$232.4B	$239.2B	$301.4B	$231.6B	$196.9B
Cost of Revenue	$219.5B	$270.9B	$237.5B	$208.6B	$218.6B	$265.2B	$213.4B	$175.6B
Gross Profit	$22.5B	$38.2B	$19.3B	$23.8B	$20.6B	$36.2B	$18.2B	$21.3B
Gross Margin	9.3%	12.4%	7.5%	10.3%	8.6%	12.0%	7.9%	10.8%
R&D Expenses	$6.5B	$10.6B	$2.9B	$4.6B	$5.7B	$10.4B	$2.4B	$3.8B
SG&A Expenses	$6.0B	$10.0B	$6.4B	$5.6B	$5.8B	-$17.3B	$5.7B	$5.4B
Operating Expenses	$16.5B	$29.6B	$11.9B	$16.1B	$12.4B	$20.9B	$9.2B	$12.2B
Operating Income	$6.0B	$8.6B	$7.4B	$7.7B	$8.2B	$15.3B	$8.9B	$9.1B
Operating Margin	2.5%	2.8%	2.9%	3.3%	3.4%	5.1%	3.9%	4.6%
Interest Expense	$2.7B	$2.7B	$2.6B	$3.1B	$3.2B	$4.2B	$3.0B	$3.5B
Income Before Tax	$5.9B	$8.7B	$7.4B	$7.9B	$5.1B	$6.5B	$6.0B	$6.1B
Tax Expense	$893M	$1.6B	$1.3B	$1.5B	$438M	$2.0B	$1.1B	$1.5B
Net Income	$3.8B	$6.5B	$5.2B	$5.6B	$5.3B	$2.4B	$4.4B	$4.3B
Net Margin	1.6%	2.1%	2.0%	2.4%	2.2%	0.8%	1.9%	2.2%
EPS (Diluted)	$0.28	$0.48	$0.38	$0.41	$0.39	$0.15	$0.32	$0.32
EBITDA	$14.5B	$16.4B	$14.3B	$16.5B	$7.9B	$17.8B	$9.0B	$14.9B
Shares Outstanding	13.58B	13.58B	13.58B	13.58B	13.58B	15.56B	13.58B	13.58B

601186.SS SHH