Also trades as: 6969.HK (HKSE) · $vol 15M

$1.11

+0.00 (+0.00%)

OTC · Consumer Defensive · Tobacco · Tech Score Buy · Power 64 · $6.9B mcap · 1.82B float · 0.0009% daily turnover · Short 94% of daily vol

Revenue

$13.9B +17.7% ▲

5Y CAGR: +6.8%

Gross Profit

$4.6B +3.2% ▲

5Y CAGR: -3.0%

Operating Income

$1.1B +0.3% ▲

5Y CAGR: -19.1%

Net Income

$1.0B -20.5% ▼

5Y CAGR: -15.5%

EPS (Diluted)

$0.17 -19.0% ▼

5Y CAGR: -16.5%

EBITDA

$1.4B -31.6% ▼

5Y CAGR: -15.8%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$13.8B	$12.1B	$11.2B	$11.8B	$13.9B
YoY Growth	+37.4%	-11.7%	-8.0%	+5.6%	+17.7%
Cost of Revenue	$6.4B	$6.9B	$6.8B	$7.4B	$9.3B
Gross Profit	$7.4B	$5.3B	$4.4B	$4.4B	$4.6B
Gross Margin	53.6%	43.3%	39.1%	37.4%	32.8%
R&D Expenses	$671M	$1.4B	$1.5B	$1.6B	$1.4B
SG&A Expenses	$1.1B	$1.5B	$1.4B	$1.8B	$2.1B
Operating Expenses	$1.7B	$2.8B	$2.9B	$3.3B	$3.5B
Operating Income	$6.1B	$3.0B	$1.5B	$1.1B	$1.1B
Operating Margin	44.4%	24.5%	13.1%	9.1%	7.7%
Interest Expense	$25M	$29M	$27M	$38M	$26M
Income Before Tax	$6.2B	$3.0B	$1.9B	$1.7B	$1.4B
Tax Expense	$922M	$444M	$291M	$352M	$403M
Net Income	$5.3B	$2.5B	$1.6B	$1.3B	$1.0B
Net Margin	38.4%	20.7%	14.7%	11.0%	7.5%
EPS (Diluted)	$0.85	$0.41	$0.27	$0.21	$0.17
EBITDA	$6.3B	$3.2B	$2.2B	$2.0B	$1.4B
Shares Outstanding	6.19B	6.18B	6.17B	6.14B	6.22B

Line Item	FY2022 Q4	FY2023 Q2	FY2023 Q4	FY2024 Q2	FY2024 Q4	FY2025 Q2	FY2025 Q4	FY2026 Q2
Revenue	$3.3B	$5.1B	$6.0B	$5.0B	$6.8B	$6.0B	$8.1B	$7.1B
Cost of Revenue	$6.8B	$3.2B	$3.6B	$3.1B	$4.3B	$3.7B	$5.6B	$4.9B
Gross Profit	-$3.5B	$1.9B	$2.5B	$1.9B	$2.5B	$2.3B	$2.5B	$2.2B
Gross Margin	-106.2%	36.6%	41.2%	38.7%	36.4%	37.9%	30.7%	30.9%
R&D Expenses	$1.4B	$615M	$868M	$760M	$812M	$723M	$746M	$778M
SG&A Expenses	$1.5B	$674M	$720M	$713M	$1.1B	$1.1B	$1.1B	$962M
Operating Expenses	$3.5B	$1.3B	$1.6B	$1.5B	$1.9B	$1.8B	$1.8B	$1.7B
Operating Income	-$6.5B	$567M	$901M	$476M	$596M	$453M	$674M	$461M
Operating Margin	-198.2%	11.1%	14.9%	9.4%	8.8%	7.5%	8.3%	6.5%
Interest Expense	$3M	$0	$27M	$0	$38M	$0	$13M	$13M
Income Before Tax	$453M	$796M	$1.1B	$812M	$843M	$699M	$764M	$861M
Tax Expense	$31M	$79M	$213M	$128M	$223M	$207M	$204M	$296M
Net Income	$422M	$717M	$928M	$683M	$620M	$492M	$562M	$564M
Net Margin	12.9%	14.0%	15.3%	13.6%	9.2%	8.2%	6.9%	7.9%
EPS (Diluted)	$0.07	$0.12	$0.15	$0.11	$0.10	$0.08	$0.09	$0.09
EBITDA	-$6.5B	$682M	$1.6B	$601M	$1.4B	$553M	$821M	$613M
Shares Outstanding	6.08B	6.17B	6.17B	6.15B	6.14B	6.19B	6.24B	6.14B

SMORF OTC