Also trades as: 0019.HK (HKSE) · $vol 14M · 0087.HK (HKSE) · $vol 2M · SWRAY (OTC) · $vol 0M · SWRBY (OTC) · $vol 0M · SWRBF (OTC) · $vol 0M

$11.05

+0.00 (+0.00%)

OTC · Industrials · Conglomerates · Tech Score Buy · Power 68 · $15.0B mcap · 479M float · 0.0000% daily turnover · Short 100% of daily vol

Revenue

$90.4B +10.3% ▲

5Y CAGR: +2.9%

Gross Profit

$33.7B +10.7% ▲

5Y CAGR: +2.0%

Operating Income

$10.9B +156.5% ▲

5Y CAGR: +7.4%

Net Income

$2.9B -32.0% ▼

EPS (Diluted)

$2.10 -31.4% ▼

EBITDA

$15.5B +17.9% ▲

5Y CAGR: +4.9%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$91.2B	$91.2B	$94.8B	$82.0B	$90.4B
YoY Growth	+16.4%	-0.1%	+4.0%	-13.6%	+10.3%
Cost of Revenue	$56.0B	$57.0B	$59.7B	$51.5B	$56.7B
Gross Profit	$35.3B	$34.2B	$35.1B	$30.5B	$33.7B
Gross Margin	38.7%	37.5%	37.1%	37.2%	37.3%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$23.5B	$23.5B	$23.4B	$20.8B	$22.9B
Operating Expenses	$23.2B	$22.4B	$4.5B	$26.2B	$22.9B
Operating Income	$12.1B	$11.8B	$30.6B	$4.2B	$10.9B
Operating Margin	13.3%	13.0%	32.3%	5.2%	12.0%
Interest Expense	$2.0B	$1.7B	$2.6B	$3.0B	$3.0B
Income Before Tax	$9.8B	$8.9B	$32.8B	$7.8B	$5.8B
Tax Expense	$3.1B	$3.0B	$2.9B	$3.1B	$2.3B
Net Income	$5.1B	$4.2B	$28.9B	$4.3B	$2.9B
Net Margin	5.6%	4.6%	30.4%	5.3%	3.2%
EPS (Diluted)	$0.66	$0.51	$3.99	$3.06	$2.10
EBITDA	$16.3B	$16.1B	$14.7B	$13.1B	$15.5B
Shares Outstanding	7.51B	7.47B	7.23B	1.41B	1.36B

Line Item	FY2022 Q4	FY2023 Q2	FY2023 Q4	FY2024 Q2	FY2024 Q4	FY2025 Q2	FY2025 Q4	FY2026 Q2
Revenue	$47.1B	$51.5B	$43.3B	$39.6B	$42.4B	$45.8B	$44.7B	$49.4B
Cost of Revenue	$29.8B	$32.3B	$27.3B	$24.5B	$27.0B	$28.5B	$28.2B	$32.0B
Gross Profit	$17.3B	$19.2B	$15.9B	$15.0B	$15.4B	$17.3B	$16.5B	$17.5B
Gross Margin	36.7%	37.3%	36.8%	38.0%	36.4%	37.7%	36.8%	35.3%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$12.3B	$12.5B	$10.9B	$9.6B	$11.2B	$11.4B	$11.4B	$11.1B
Operating Expenses	$12.3B	$12.5B	$10.9B	$10.1B	$16.1B	$15.4B	$11.4B	$11.1B
Operating Income	$5.0B	$6.7B	$5.0B	$4.9B	-$705M	$1.9B	$5.0B	$6.3B
Operating Margin	10.7%	13.0%	11.6%	12.5%	-1.7%	4.1%	11.3%	12.8%
Interest Expense	$1.2B	$1.6B	$1.8B	$0	$0	$1.2B	$1.5B	$1.5B
Income Before Tax	$4.9B	$4.0B	$26.3B	$9.8B	-$2.0B	$2.1B	$3.8B	$9.2B
Tax Expense	$1.7B	$1.6B	$1.3B	$1.7B	$1.4B	$1.1B	$1.2B	$1.5B
Net Income	$2.3B	$4.2B	$24.6B	$3.9B	$407M	$815M	$2.1B	$6.8B
Net Margin	4.9%	8.2%	56.9%	9.9%	1.0%	1.8%	4.8%	13.7%
EPS (Diluted)	$0.31	$0.58	$3.41	$2.74	$0.32	$0.56	$1.56	$4.94
EBITDA	$7.8B	$7.6B	$28.0B	$6.8B	$6.3B	$7.9B	$7.3B	$8.6B
Shares Outstanding	7.45B	7.25B	7.22B	1.43B	1.40B	1.37B	1.35B	1.37B

SWRAF OTC