HK$0.22 ($0.03)

-0.00 (-1.79%)

Weekly Expected Move ±11.0%

HK$0 HK$0 HK$0 HK$0 HK$0

HKSE · Consumer Cyclical · Auto - Dealerships · Tech Score Sell · Power 48 · HK$137.6M mcap · 139M float · 0.210% daily turnover

Analysis Technicals Weather Peers

Revenue

$8.7B -18.5% ▼

5Y CAGR: +1.4%

Gross Profit

$279M -51.8% ▼

5Y CAGR: -18.6%

Operating Income

$41M -77.5% ▼

5Y CAGR: -36.5%

Net Income

-$24M -142.3% ▼

EPS (Diluted)

$-0.04 -142.4% ▼

EBITDA

$205M -50.5% ▼

5Y CAGR: -17.1%

View Full Income Statement

Line Item	FY2020	FY2021	FY2022	FY2023	FY2024
Revenue	$8.5B	$10.0B	$10.1B	$10.7B	$8.7B
YoY Growth	+4.3%	+16.8%	+1.2%	+6.4%	-18.5%
Cost of Revenue	$7.7B	$8.8B	$9.2B	$10.2B	$8.5B
Gross Profit	$864M	$1.2B	$878M	$578M	$279M
Gross Margin	10.1%	11.7%	8.7%	5.4%	3.2%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$441M	$639M	$774M	$808M	$742M
Operating Expenses	$548M	$419M	$518M	$398M	$238M
Operating Income	$303M	$747M	$359M	$181M	$41M
Operating Margin	3.6%	7.5%	3.6%	1.7%	0.5%
Interest Expense	$41M	$20M	$38M	$48M	$32M
Income Before Tax	$420M	$727M	$321M	$133M	$9M
Tax Expense	$114M	$167M	$79M	$49M	$25M
Net Income	$235M	$456M	$172M	$57M	-$24M
Net Margin	2.8%	4.6%	1.7%	0.5%	-0.3%
EPS (Diluted)	$0.39	$0.86	$0.28	$0.09	$-0.04
EBITDA	$607M	$823M	$572M	$414M	$205M
Shares Outstanding	600M	529M	622M	622M	622M

Line Item	FY2022 Q4	FY2023 Q2	FY2023 Q4	FY2024 Q2	FY2024 Q4	FY2025 Q2	FY2025 Q4	FY2026 Q2
Revenue	$5.5B	$5.4B	$5.4B	$4.3B	$4.5B	$3.8B	$4.8B	$3.9B
Cost of Revenue	$5.1B	$5.0B	$5.1B	$4.1B	$4.4B	$3.8B	$4.5B	$3.6B
Gross Profit	$390M	$320M	$259M	$204M	$75M	$13M	$354M	$215M
Gross Margin	7.1%	6.0%	4.8%	4.8%	1.7%	0.3%	7.3%	5.6%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$449M	$400M	$408M	$379M	$363M	$334M	$402M	$363M
Operating Expenses	$315M	$224M	$192M	$119M	$119M	-$30M	$327M	$363M
Operating Income	$66M	$89M	$68M	$85M	-$44M	$43M	$27M	-$148M
Operating Margin	1.2%	1.7%	1.3%	2.0%	-1.0%	1.1%	0.6%	-3.8%
Interest Expense	$0	$0	$0	$0	$11M	$27M	$28M	$27M
Income Before Tax	$58M	$77M	$57M	$68M	-$59M	$13M	-$2M	-$105M
Tax Expense	$29M	$25M	$24M	$21M	$4M	$2M	$2M	$2M
Net Income	$12M	$36M	$21M	$34M	-$58M	$7M	-$4M	-$102M
Net Margin	0.2%	0.7%	0.4%	0.8%	-1.3%	0.2%	-0.1%	-2.6%
EPS (Diluted)	$0.02	$0.06	$0.03	$0.05	$-0.09	$0.01	$-0.01	$-0.17
EBITDA	$139M	$167M	$142M	$135M	$54M	$95M	$101M	-$40M
Shares Outstanding	622M	622M	622M	622M	622M	612M	611M	610M

6909.HK HKSE