Also trades as: 2638.HK (HKSE) · $vol 2M · HKVTY (OTC) · $vol 0M

$0.67

+0.00 (+0.00%)

OTC · Utilities · Regulated Electric · Tech Score Sell · Power 47 · $5.9B mcap · 2.27B float · 0.0002% daily turnover · Short 100% of daily vol

Revenue

$12.1B +0.5% ▲

5Y CAGR: +3.1%

Gross Profit

$6.1B -5.8% ▼

5Y CAGR: +3.8%

Operating Income

$5.0B -9.4% ▼

5Y CAGR: +3.7%

Net Income

$3.1B -1.1% ▼

5Y CAGR: +2.4%

EPS (Diluted)

$0.36 +2.9% ▲

5Y CAGR: +3.0%

EBITDA

$8.5B -2.8% ▼

5Y CAGR: +3.6%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$11.3B	$10.8B	$11.4B	$12.1B	$12.1B
YoY Growth	+9.2%	-4.9%	+5.7%	+5.7%	+0.5%
Cost of Revenue	$5.5B	$5.4B	$5.4B	$5.6B	$6.0B
Gross Profit	$5.8B	$5.4B	$6.0B	$6.5B	$6.1B
Gross Margin	51.5%	50.3%	52.8%	53.6%	50.2%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$312M	$348M	$341M	$385M	$1.1B
Operating Expenses	$1.0B	$920M	$1.0B	$971M	$1.1B
Operating Income	$4.8B	$4.5B	$5.0B	$5.5B	$5.0B
Operating Margin	42.7%	41.8%	43.6%	45.5%	41.0%
Interest Expense	$800M	$961M	$1.4B	$1.4B	$1.3B
Income Before Tax	$3.7B	$3.6B	$3.8B	$3.9B	$3.8B
Tax Expense	$735M	$629M	$646M	$741M	$686M
Net Income	$2.9B	$3.0B	$3.2B	$3.1B	$3.1B
Net Margin	25.9%	27.4%	27.7%	25.8%	25.4%
EPS (Diluted)	$0.33	$0.33	$0.36	$0.35	$0.36
EBITDA	$8.0B	$7.6B	$8.1B	$8.8B	$8.5B
Shares Outstanding	8.84B	8.84B	8.84B	8.84B	8.84B

Line Item	FY2022 Q4	FY2023 Q2	FY2023 Q4	FY2024 Q2	FY2024 Q4	FY2025 Q2	FY2025 Q4	FY2026 Q2
Revenue	$5.9B	$5.2B	$6.2B	$5.6B	$6.5B	$5.6B	$6.6B	$5.9B
Cost of Revenue	$3.0B	$2.6B	$3.0B	$2.6B	$3.0B	$2.7B	$3.3B	$2.9B
Gross Profit	$2.9B	$2.6B	$3.1B	$3.0B	$3.5B	$2.8B	$3.2B	$3.0B
Gross Margin	49.8%	49.6%	50.7%	53.1%	54.0%	51.0%	49.5%	50.5%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$337M	$288M	$314M	$301M	$325M	$315M	$547M	$417M
Operating Expenses	$337M	$288M	$314M	$467M	$504M	$497M	$547M	$417M
Operating Income	$2.6B	$2.3B	$2.7B	$2.5B	$3.0B	$2.3B	$2.7B	$2.6B
Operating Margin	44.1%	44.1%	43.3%	44.7%	46.2%	42.1%	41.1%	43.5%
Interest Expense	$711M	$820M	$540M	$856M	$552M	$678M	$606M	$612M
Income Before Tax	$2.4B	$1.3B	$2.0B	$1.3B	$2.6B	$1.3B	$2.1B	$2.0B
Tax Expense	$360M	$301M	$345M	$333M	$408M	$306M	$380M	$360M
Net Income	$2.1B	$982M	$2.2B	$947M	$2.2B	$1.0B	$1.7B	$1.7B
Net Margin	34.9%	18.8%	35.2%	17.0%	33.4%	18.0%	26.2%	27.8%
EPS (Diluted)	$0.23	$0.11	$0.25	$0.11	$0.24	$0.11	$0.24	$0.11
EBITDA	$4.2B	$3.7B	$4.5B	$4.1B	$4.8B	$4.1B	$4.6B	$4.2B
Shares Outstanding	8.84B	8.84B	8.84B	8.84B	8.84B	8.84B	8.84B	8.84B

HKCVF OTC