Also trades as: 3996.HK (HKSE) · $vol 6M

¥2.39 ($0.36)

+0.02 (+0.84%)

SHH · Industrials · Engineering & Construction · Tech Score Strong Sell · Power 34 · ¥83.6B mcap · 18.88B float · 3.12% daily turnover

Revenue

$452.3B +3.6% ▲

5Y CAGR: +10.8%

Gross Profit

$53.0B -1.7% ▼

5Y CAGR: +7.7%

Operating Income

$18.2B +23.0% ▲

5Y CAGR: +7.8%

Net Income

$5.8B -30.4% ▼

5Y CAGR: +4.6%

EPS (Diluted)

$0.14 -26.3% ▼

5Y CAGR: -1.4%

EBITDA

$28.8B +6.0% ▲

5Y CAGR: +9.3%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$322.3B	$366.4B	$406.0B	$436.7B	$452.3B
YoY Growth	+19.2%	+13.7%	+10.8%	+7.6%	+3.6%
Cost of Revenue	$280.3B	$321.4B	$355.3B	$382.8B	$399.3B
Gross Profit	$42.0B	$45.0B	$50.8B	$53.9B	$53.0B
Gross Margin	13.0%	12.3%	12.5%	12.3%	11.7%
R&D Expenses	$8.8B	$10.4B	$13.0B	$14.0B	$14.6B
SG&A Expenses	$14.1B	$15.1B	$16.2B	$16.9B	$17.9B
Operating Expenses	$27.4B	$31.3B	$36.7B	$39.1B	$34.7B
Operating Income	$14.6B	$13.8B	$14.0B	$14.8B	$18.2B
Operating Margin	4.5%	3.8%	3.5%	3.4%	4.0%
Interest Expense	$3.8B	$6.0B	$5.9B	$7.3B	$7.7B
Income Before Tax	$13.1B	$13.7B	$14.0B	$15.1B	$13.4B
Tax Expense	$3.5B	$3.3B	$2.8B	$3.3B	$3.6B
Net Income	$6.5B	$7.8B	$8.0B	$8.4B	$5.8B
Net Margin	2.0%	2.1%	2.0%	1.9%	1.3%
EPS (Diluted)	$0.19	$0.19	$0.18	$0.19	$0.14
EBITDA	$20.9B	$21.2B	$24.5B	$27.2B	$28.8B
Shares Outstanding	34.23B	41.69B	44.37B	44.19B	41.69B

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$100.9B	$141.6B	$100.4B	$111.7B	$111.0B	$129.4B	$102.0B	$106.3B
Cost of Revenue	$90.2B	$121.7B	$89.1B	$99.0B	$100.1B	$110.0B	$91.0B	$94.2B
Gross Profit	$10.6B	$19.8B	$11.2B	$12.7B	$11.0B	$19.4B	$11.0B	$12.1B
Gross Margin	10.5%	14.0%	11.2%	11.4%	9.9%	15.0%	10.8%	11.4%
R&D Expenses	$3.4B	$5.7B	$2.1B	$3.2B	$3.5B	$5.7B	$2.0B	$3.1B
SG&A Expenses	$4.1B	$4.9B	$4.3B	$3.5B	$4.0B	$6.2B	$4.1B	$3.9B
Operating Expenses	$8.4B	$13.4B	$7.9B	$9.6B	$7.9B	$13.4B	$6.4B	$7.5B
Operating Income	$2.2B	$6.5B	$3.3B	$3.1B	$3.1B	$6.0B	$4.6B	$4.6B
Operating Margin	2.2%	4.6%	3.3%	2.8%	2.8%	4.6%	4.5%	4.3%
Interest Expense	$1.6B	$1.7B	$1.6B	$1.7B	$1.5B	$2.1B	$1.7B	$2.1B
Income Before Tax	$2.3B	$6.6B	$3.4B	$3.2B	$1.9B	$4.9B	$3.2B	$2.6B
Tax Expense	$720M	$910M	$783M	$976M	$659M	$1.2B	$871M	$954M
Net Income	$822M	$4.8B	$1.6B	$1.2B	$354M	$2.7B	$1.5B	$824M
Net Margin	0.8%	3.4%	1.6%	1.1%	0.3%	2.1%	1.4%	0.8%
EPS (Diluted)	$0.02	$0.11	$0.04	$0.03	$0.01	$0.06	$0.03	$0.02
EBITDA	$4.8B	$9.2B	$6.6B	$6.8B	$3.6B	$10.0B	$4.9B	$7.4B
Shares Outstanding	41.69B	41.69B	41.69B	45.39B	41.69B	41.69B	44.24B	44.24B

601868.SS SHH