Also trades as: 0686.HK (HKSE) · $vol 0M

$0.11

+0.00 (+0.00%)

OTC · Utilities · Renewable Utilities · Tech Score Sell · Power 46 · $241.9M mcap · 641M float · 0.0000% daily turnover · Short 100% of daily vol

Revenue

$7.0B +25.9% ▲

5Y CAGR: +26.5%

Gross Profit

$6.7B +23.6% ▲

5Y CAGR: +25.7%

Operating Income

$2.9B +21.9% ▲

5Y CAGR: +17.4%

Net Income

$86M +104.8% ▲

EPS (Diluted)

$0.04 +1942.1% ▲

EBITDA

$5.6B +24.6% ▲

5Y CAGR: +23.9%

View Full Income Statement

Line Item	FY2020	FY2021	FY2022	FY2023	FY2024
Revenue	$2.1B	$2.8B	$4.1B	$5.6B	$7.0B
YoY Growth	-0.9%	+31.5%	+45.7%	+35.3%	+25.9%
Cost of Revenue	$42M	$83M	$123M	$188M	$360M
Gross Profit	$2.1B	$2.7B	$4.0B	$5.4B	$6.7B
Gross Margin	98.0%	97.1%	97.0%	96.6%	94.9%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$56M	$72M	$88M	$666M	$172M
Operating Expenses	$141M	$239M	$404M	$3.0B	$3.7B
Operating Income	$2.0B	$2.5B	$3.6B	$2.4B	$2.9B
Operating Margin	91.5%	88.6%	87.2%	42.9%	41.5%
Interest Expense	$967M	$985M	$1.5B	$1.9B	$2.3B
Income Before Tax	$344M	$751M	$623M	$654M	$714M
Tax Expense	$82M	$101M	$151M	$182M	$157M
Net Income	$241M	$564M	$269M	$42M	$86M
Net Margin	11.2%	20.0%	6.5%	0.8%	1.2%
EPS (Diluted)	$0.01	$0.03	$0.01	$0.00	$0.04
EBITDA	$1.9B	$2.5B	$3.4B	$4.5B	$5.6B
Shares Outstanding	21.49B	22.43B	22.43B	22.19B	22.18B

Line Item	FY2022 Q4	FY2023 Q2	FY2023 Q4	FY2024 Q2	FY2024 Q4	FY2025 Q2	FY2025 Q4	FY2026 Q2
Revenue	$2.1B	$2.7B	$2.9B	$3.3B	$3.7B	$4.1B	$3.6B	$3.7B
Cost of Revenue	$905M	$1.2B	$1.4B	$1.6B	-$1.2B	$232M	$2.5B	$2.5B
Gross Profit	$1.2B	$1.5B	$1.5B	$1.7B	$3.5B	$3.9B	$1.1B	$1.3B
Gross Margin	56.8%	54.5%	51.0%	51.9%	95.1%	94.3%	29.7%	34.1%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$111M	$126M	$440M	$303M	$550M	$365M	$289M	$173M
Operating Expenses	$129M	$153M	$566M	$303M	$550M	$365M	$349M	$237M
Operating Income	$1.1B	$1.3B	$929M	$1.5B	$1.4B	$3.5B	$716M	$1.0B
Operating Margin	50.7%	48.8%	31.7%	44.8%	38.5%	85.4%	19.9%	27.7%
Interest Expense	$809M	$1.1B	$915M	$196M	$2.1B	$1.1B	$1.1B	$931M
Income Before Tax	$245M	$329M	$325M	$434M	$280M	$448M	-$16M	$67M
Tax Expense	$72M	$99M	$87M	$142M	$15M	$155M	$241M	$135M
Net Income	$87M	$112M	-$65M	$16M	$70M	$173M	-$326M	-$118M
Net Margin	4.1%	4.2%	-2.2%	0.5%	1.9%	4.2%	-9.1%	-3.2%
EPS (Diluted)	$0.00	$0.01	$-0.00	$0.00	$0.02	$0.08	$-0.15	$-0.05
EBITDA	$1.7B	$2.3B	$2.0B	$2.6B	$4.1B	$3.1B	$2.6B	$2.9B
Shares Outstanding	22.40B	22.40B	22.03B	22.36B	22.18B	2.20B	2.23B	2.20B

PVLTF OTC