Also trades as: 6862.HK (HKSE) · $vol 25M

$1.15

+0.00 (+0.00%)

OTC · Consumer Cyclical · Restaurants · Tech Score Sell · Power 40 · $6.2B mcap · 1.74B float · 0.0012% daily turnover · Short 54% of daily vol

Revenue

$42.1B -1.5% ▼

5Y CAGR: +8.0%

Gross Profit

$9.4B -22.8% ▼

5Y CAGR: +7.0%

Operating Income

$4.8B -19.9% ▼

5Y CAGR: -0.3%

Net Income

$3.9B -16.2% ▼

5Y CAGR: +66.4%

EPS (Diluted)

$0.70 -19.5% ▼

5Y CAGR: +64.3%

EBITDA

$7.0B -26.3% ▼

5Y CAGR: +10.6%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$39.1B	$31.0B	$41.5B	$42.8B	$42.1B
YoY Growth	+36.6%	-20.6%	+33.6%	+3.1%	-1.5%
Cost of Revenue	$32.9B	$23.1B	$32.0B	$30.6B	$32.8B
Gross Profit	$8.3B	$7.9B	$9.4B	$12.1B	$9.4B
Gross Margin	21.1%	25.4%	22.8%	28.3%	22.2%
R&D Expenses	$125M	$141M	$0	$460M	$0
SG&A Expenses	$354M	$286M	$445M	$500M	$4.5B
Operating Expenses	$8.0B	$286M	$445M	$6.1B	$4.5B
Operating Income	$5.5B	$6.1B	$9.0B	$6.0B	$4.8B
Operating Margin	14.1%	19.6%	21.7%	14.1%	11.5%
Interest Expense	$583M	$474M	$351M	$275M	$232M
Income Before Tax	-$3.1B	$2.1B	$5.8B	$6.6B	$5.7B
Tax Expense	$178M	$480M	$1.3B	$1.9B	$1.7B
Net Income	-$4.2B	$1.4B	$4.5B	$4.7B	$3.9B
Net Margin	-10.6%	4.4%	10.9%	11.0%	9.4%
EPS (Diluted)	$-0.78	$0.25	$0.83	$0.87	$0.70
EBITDA	$2.1B	$6.4B	$9.1B	$9.5B	$7.0B
Shares Outstanding	5.31B	5.42B	5.42B	5.42B	5.42B

Line Item	FY2022 Q4	FY2023 Q2	FY2023 Q4	FY2024 Q2	FY2024 Q4	FY2025 Q2	FY2025 Q4	FY2026 Q2
Revenue	$15.9B	$18.9B	$22.6B	$21.5B	$21.3B	$20.7B	$22.1B	$22.0B
Cost of Revenue	$10.6B	$14.4B	$17.6B	$16.6B	$14.0B	$16.3B	$17.0B	$17.0B
Gross Profit	$5.3B	$4.5B	$4.9B	$4.9B	$7.2B	$4.4B	$5.1B	$5.0B
Gross Margin	33.4%	23.8%	21.9%	22.6%	34.1%	21.2%	23.2%	22.8%
R&D Expenses	$141M	$0	$0	$0	$460M	$0	$0	$0
SG&A Expenses	$484M	$163M	$282M	$291M	$209M	$456M	$2.5B	$1.1B
Operating Expenses	$2.4B	$1.6B	$282M	$291M	$5.8B	$456M	$2.5B	$1.1B
Operating Income	$2.0B	$2.6B	$4.7B	$4.6B	$1.5B	$3.9B	$2.7B	$3.9B
Operating Margin	12.7%	13.9%	20.6%	21.3%	7.0%	19.0%	12.0%	17.7%
Interest Expense	$289M	$0	$0	$0	$275M	$0	$46M	$82M
Income Before Tax	$1.9B	$2.8B	$3.0B	$2.9B	$3.7B	$2.6B	$3.1B	$2.5B
Tax Expense	$350M	$555M	$783M	$855M	$1.1B	$872M	$883M	$782M
Net Income	$1.3B	$2.3B	$2.2B	$2.0B	$2.7B	$1.8B	$2.3B	$1.7B
Net Margin	8.2%	12.0%	9.9%	9.5%	12.6%	8.5%	10.2%	7.9%
EPS (Diluted)	$0.24	$0.42	$0.41	$0.38	$0.49	$0.32	$0.42	$0.32
EBITDA	$4.5B	$3.8B	$4.0B	$3.8B	$5.7B	$3.1B	$3.7B	$4.8B
Shares Outstanding	5.42B	5.42B	5.42B	5.42B	5.42B	5.42B	5.42B	5.42B

HDALF OTC