Also trades as: 600027.SS (SHH) · $vol 87M · 1071.HK (HKSE) · $vol 4M · HPIFF (OTC) · $vol 0M

$15.35

+0.00 (+0.00%)

OTC · Utilities · Regulated Electric · Tech Score Neutral · Power 59 · $5.9B mcap · 134M float · 0.0000% daily turnover · Short 73% of daily vol

Revenue

$122.6B +8.5% ▲

5Y CAGR: +6.2%

Gross Profit

$14.0B +41.3% ▲

5Y CAGR: -0.9%

Operating Income

$9.2B +10.8% ▲

5Y CAGR: -6.6%

Net Income

$5.9B +3.5% ▲

5Y CAGR: +5.9%

EPS (Diluted)

$14.40 -14.3% ▼

5Y CAGR: +1.3%

EBITDA

$22.0B -3.2% ▼

5Y CAGR: -1.7%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$104.4B	$107.1B	$117.2B	$113.0B	$122.6B
YoY Growth	+15.1%	+2.5%	+9.5%	-3.6%	+8.5%
Cost of Revenue	$110.9B	$106.6B	$109.6B	$103.1B	$108.6B
Gross Profit	-$6.4B	$460M	$7.5B	$9.9B	$14.0B
Gross Margin	-6.2%	0.4%	6.4%	8.8%	11.4%
R&D Expenses	$3M	$0	$0	$0	$109M
SG&A Expenses	$1.8B	$1.6B	$1.7B	$1.8B	$2.2B
Operating Expenses	$1.9B	$1.6B	$1.8B	$1.6B	$4.8B
Operating Income	-$1.0B	$3.9B	$5.7B	$8.3B	$9.2B
Operating Margin	-1.0%	3.6%	4.9%	7.4%	7.5%
Interest Expense	$4.2B	$4.1B	$3.6B	$3.2B	$3.1B
Income Before Tax	-$8.4B	-$1.1B	$5.8B	$8.9B	$10.4B
Tax Expense	-$1.7B	-$512M	$1.0B	$2.0B	$2.4B
Net Income	-$6.8B	-$638M	$4.5B	$5.7B	$5.9B
Net Margin	-6.5%	-0.6%	3.9%	5.0%	4.8%
EPS (Diluted)	$-20.40	$-1.94	$10.50	$16.80	$14.40
EBITDA	$4.7B	$8.0B	$16.1B	$22.7B	$22.0B
Shares Outstanding	329M	329M	431M	341M	413M

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$31.6B	$28.2B	$26.6B	$33.4B	$35.7B	$26.9B	$30.5B	$23.8B
Cost of Revenue	$28.5B	$26.0B	$23.7B	$29.8B	$30.6B	$24.5B	$26.6B	$21.3B
Gross Profit	$3.1B	$2.2B	$2.9B	$3.6B	$5.2B	$2.4B	$3.9B	$2.5B
Gross Margin	9.9%	7.9%	10.7%	10.7%	14.5%	9.0%	12.6%	10.5%
R&D Expenses	$0	$0	$0	$0	$3M	$105M	$3M	$4M
SG&A Expenses	$414M	$735M	$312M	$518M	$577M	$823M	$385M	$405M
Operating Expenses	$475M	$1.1B	$112M	$444M	$1.1B	$3.1B	$727M	$738M
Operating Income	$2.7B	$1.1B	$2.7B	$3.1B	$4.1B	-$701M	$3.1B	$1.8B
Operating Margin	8.4%	3.9%	10.3%	9.4%	11.4%	-2.6%	10.2%	7.4%
Interest Expense	$809M	$778M	$705M	$920M	$776M	$713M	$0	$0
Income Before Tax	$2.8B	$1.5B	$2.8B	$3.2B	$4.1B	$275M	$3.0B	$2.3B
Tax Expense	$498M	$722M	$497M	$492M	$818M	$557M	$572M	$523M
Net Income	$1.9B	$546M	$1.9B	$2.0B	$2.5B	-$519M	$1.8B	$1.3B
Net Margin	6.1%	1.9%	7.3%	5.9%	7.1%	-1.9%	5.9%	5.5%
EPS (Diluted)	$4.80	$1.60	$4.80	$4.80	$6.60	$-1.80	$4.20	$3.30
EBITDA	-$19M	$1.5B	$2.3B	$5.3B	$4.3B	$10.1B	$3.1B	$5.1B
Shares Outstanding	403M	341M	403M	403M	387M	413M	413M	402M

HPIFY OTC