Also trades as: 0728.HK (HKSE) · $vol 38M

¥6.28 ($0.94)

+0.01 (+0.16%)

SHH · Communication Services · Telecommunications Services · Tech Score Neutral · Power 49 · ¥574.7B mcap · 34.84B float · 0.379% daily turnover

Analysis Technicals Weather Peers

Revenue

$523.2B -1.2% ▼

5Y CAGR: +5.9%

Gross Profit

$146.6B -44.8% ▼

5Y CAGR: -6.8%

Operating Income

$38.1B -4.2% ▼

5Y CAGR: +5.9%

Net Income

$33.2B +0.5% ▲

5Y CAGR: +9.7%

EPS (Diluted)

$0.36 +0.0% ▲

5Y CAGR: +6.7%

EBITDA

$144.2B +24.4% ▲

5Y CAGR: +6.7%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$439.6B	$481.4B	$513.6B	$529.4B	$523.2B
YoY Growth	+11.7%	+9.5%	+6.7%	+3.1%	-1.2%
Cost of Revenue	$209.4B	$232.4B	$253.2B	$263.9B	$376.6B
Gross Profit	$230.2B	$249.1B	$260.3B	$265.5B	$146.6B
Gross Margin	52.4%	51.7%	50.7%	50.2%	28.0%
R&D Expenses	$6.8B	$10.4B	$13.1B	$14.5B	$15.4B
SG&A Expenses	$61.2B	$64.3B	$66.8B	$66.7B	$91.1B
Operating Expenses	$199.2B	$215.7B	$223.2B	$225.7B	$108.5B
Operating Income	$30.9B	$33.4B	$37.1B	$39.8B	$38.1B
Operating Margin	7.0%	6.9%	7.2%	7.5%	7.3%
Interest Expense	$2.4B	$1.9B	$2.5B	$2.5B	$2.2B
Income Before Tax	$33.9B	$35.7B	$39.2B	$42.2B	$42.7B
Tax Expense	$7.7B	$8.0B	$8.8B	$9.2B	$9.5B
Net Income	$25.9B	$27.6B	$30.4B	$33.0B	$33.2B
Net Margin	5.9%	5.7%	5.9%	6.2%	6.3%
EPS (Diluted)	$0.28	$0.30	$0.33	$0.36	$0.36
EBITDA	$102.5B	$106.2B	$112.4B	$115.8B	$144.2B
Shares Outstanding	91.51B	91.51B	91.51B	91.51B	91.51B

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$130.7B	$130.7B	$135.5B	$133.9B	$124.8B	$129.7B	$131.4B	$127.6B
Cost of Revenue	$66.6B	$66.6B	$68.1B	$118.7B	$88.0B	$98.1B	$94.4B	$88.8B
Gross Profit	$64.1B	$64.1B	$67.4B	$15.3B	$36.8B	$31.6B	$37.0B	$38.8B
Gross Margin	49.1%	49.1%	49.7%	11.4%	29.5%	24.3%	28.1%	30.4%
R&D Expenses	$6.7B	$6.7B	$0	$5.5B	$4.3B	$6.4B	$1.8B	$3.4B
SG&A Expenses	$16.8B	$16.8B	$16.8B	$33.1B	$23.7B	$21.4B	$27.2B	$20.6B
Operating Expenses	$57.8B	$57.8B	$56.6B	-$4.2B	$28.6B	$28.9B	$29.6B	$24.9B
Operating Income	$6.3B	$6.3B	$10.7B	$19.5B	$8.2B	$2.7B	$7.3B	$13.9B
Operating Margin	4.8%	4.8%	7.9%	14.6%	6.6%	2.1%	5.6%	10.9%
Interest Expense	$602M	$1.2B	$543M	$520M	$500M	$491M	$440M	$411M
Income Before Tax	$7.0B	$7.0B	$11.3B	$18.3B	$9.9B	$3.2B	$9.3B	$16.4B
Tax Expense	$1.5B	$1.5B	$2.5B	$4.1B	$2.1B	$778M	$2.1B	$4.2B
Net Income	$5.6B	$5.6B	$8.9B	$14.2B	$7.8B	$2.4B	$7.4B	$12.2B
Net Margin	4.3%	4.3%	6.5%	10.6%	6.2%	1.9%	5.6%	9.6%
EPS (Diluted)	$0.06	$0.06	$0.10	$0.15	$0.08	$0.03	$0.08	$0.13
EBITDA	$19.5B	$19.5B	$36.7B	$30.0B	$9.6B	$30.4B	$9.8B	$40.5B
Shares Outstanding	91.51B	91.51B	91.51B	91.51B	91.51B	91.51B	91.51B	91.51B

601728.SS SHH