Also trades as: 1997.HK (HKSE) · $vol 19M

$4.15

+0.00 (+0.00%)

OTC · Real Estate · Real Estate - Services · Tech Score Buy · Power 53 · $12.6B mcap · 1.55B float · 0.0001% daily turnover · Short 100% of daily vol

Revenue

$12.8B -0.8% ▼

5Y CAGR: -3.8%

Gross Profit

$9.6B -7.5% ▼

5Y CAGR: -3.0%

Operating Income

$9.3B -3.6% ▼

5Y CAGR: -1.3%

Net Income

-$4.3B -577.7% ▼

EPS (Diluted)

$-1.40 -582.8% ▼

EBITDA

-$1.4B -133.0% ▼

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$16.0B	$12.5B	$13.3B	$12.9B	$12.8B
YoY Growth	+3.4%	-22.3%	+6.8%	-3.0%	-0.8%
Cost of Revenue	$5.3B	$2.5B	$2.6B	$2.6B	$3.3B
Gross Profit	$10.7B	$10.0B	$10.7B	$10.3B	$9.6B
Gross Margin	66.7%	80.1%	80.3%	80.1%	74.6%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$1.3B	$857M	$445M	$412M	$0
Operating Expenses	$1.6B	$1.1B	$691M	$649M	$217M
Operating Income	$9.1B	$8.8B	$10.0B	$9.7B	$9.3B
Operating Margin	56.5%	71.0%	75.1%	75.1%	72.9%
Interest Expense	$662M	$1.8B	$2.3B	$2.0B	$1.4B
Income Before Tax	$6.0B	-$7.6B	$5.8B	$2.1B	-$3.1B
Tax Expense	$1.6B	$1.4B	$1.1B	$1.2B	$1.3B
Net Income	$4.4B	-$8.9B	$4.8B	$891M	-$4.3B
Net Margin	27.4%	-71.1%	35.8%	6.9%	-33.2%
EPS (Diluted)	$1.45	$-2.92	$1.57	$0.29	$-1.40
EBITDA	$7.0B	-$6.2B	$8.3B	$4.3B	-$1.4B
Shares Outstanding	3.04B	3.04B	3.04B	3.04B	390M

Line Item	FY2022 Q4	FY2023 Q2	FY2023 Q4	FY2024 Q2	FY2024 Q4	FY2025 Q2	FY2025 Q4	FY2026 Q2
Revenue	$6.2B	$6.5B	$6.8B	$6.5B	$6.4B	$6.4B	$6.4B	$6.3B
Cost of Revenue	$1.4B	$1.3B	$1.5B	$1.2B	$1.4B	$1.4B	$1.7B	$1.6B
Gross Profit	$4.9B	$5.2B	$5.4B	$5.3B	$5.0B	$5.1B	$4.7B	$4.7B
Gross Margin	77.7%	80.1%	78.6%	81.5%	78.6%	78.9%	74.0%	74.7%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$232M	$128M	$318M	$272M	$153M	$262M	$188M	$257M
Operating Expenses	$5.3B	$972M	$319M	$384M	$265M	$371M	$70M	$132M
Operating Income	$4.4B	$4.9B	$5.0B	$4.9B	$4.8B	$4.7B	$4.7B	$4.6B
Operating Margin	70.3%	76.3%	73.9%	75.6%	74.5%	73.1%	72.9%	72.6%
Interest Expense	$862M	$1.1B	$1.2B	$0	$2.0B	$823M	$655M	$575M
Income Before Tax	-$6.7B	$2.6B	$3.4B	-$460M	$2.5B	-$1.8B	-$1.2B	$419M
Tax Expense	$686M	$626M	$511M	$607M	$571M	$628M	$630M	$640M
Net Income	-$7.4B	$1.8B	$3.0B	-$1.1B	$1.9B	-$2.4B	-$1.9B	-$176M
Net Margin	-118.2%	27.9%	43.3%	-16.2%	30.3%	-37.6%	-28.9%	-2.8%
EPS (Diluted)	$-2.43	$0.59	$0.98	$-0.35	$0.64	$-0.79	$-0.61	$-0.06
EBITDA	$2.3B	$2.6B	$5.7B	$5.0B	-$721M	$4.8B	-$473M	$1.1B
Shares Outstanding	3.04B	3.04B	3.04B	3.04B	3.04B	3.04B	3.04B	387M

WRFRF OTC