Also trades as: 0520.HK (HKSE) · $vol 0M

$0.14

+0.00 (+0.00%)

OTC · Consumer Cyclical · Restaurants · Tech Score Sell · Power 39 · $144.6M mcap · 652M float · 0.0000% daily turnover · Short 100% of daily vol

Revenue

$3.7B -22.4% ▼

5Y CAGR: -7.6%

Gross Profit

$512M -63.9% ▼

5Y CAGR: -18.4%

Operating Income

-$212M -36.3% ▼

Net Income

-$293M +26.9% ▲

EPS (Diluted)

$-0.28 +26.3% ▲

EBITDA

$391M -14.8% ▼

5Y CAGR: -4.9%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$6.2B	$4.7B	$5.9B	$4.8B	$3.7B
YoY Growth	+12.6%	-23.1%	+24.8%	-19.7%	-22.4%
Cost of Revenue	$4.7B	$3.8B	$4.1B	$3.3B	$3.2B
Gross Profit	$1.5B	$938M	$1.8B	$1.4B	$512M
Gross Margin	23.7%	19.8%	30.3%	29.8%	13.9%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$468M	$185M	$246M	$198M	$723M
Operating Expenses	$1.6B	$1.2B	$1.8B	$1.6B	$723M
Operating Income	$1.4B	$881M	$42M	-$155M	-$212M
Operating Margin	22.5%	18.6%	0.7%	-3.3%	-5.7%
Interest Expense	$93M	$79M	$72M	$71M	$50M
Income Before Tax	-$214M	-$351M	-$124M	-$389M	-$277M
Tax Expense	$69M	-$20M	$70M	$9M	$12M
Net Income	-$293M	-$353M	-$199M	-$401M	-$293M
Net Margin	-4.8%	-7.4%	-3.4%	-8.4%	-7.9%
EPS (Diluted)	$-0.27	$-0.33	$-0.19	$-0.38	$-0.28
EBITDA	$932M	$691M	$877M	$459M	$391M
Shares Outstanding	1.07B	1.06B	1.04B	1.04B	1.05B

Line Item	FY2022 Q4	FY2023 Q2	FY2023 Q4	FY2024 Q2	FY2024 Q4	FY2025 Q2	FY2025 Q4	FY2026 Q2
Revenue	$2.6B	$2.9B	$3.1B	$2.4B	$2.4B	$1.9B	$1.8B	$1.5B
Cost of Revenue	$2.0B	$2.2B	$2.5B	$1.9B	$1.9B	$1.5B	$1.6B	$1.2B
Gross Profit	$560M	$609M	$635M	$496M	$478M	$436M	$205M	$255M
Gross Margin	21.7%	21.3%	20.6%	20.7%	20.1%	22.4%	11.3%	17.1%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$28M	$31M	$40M	$29M	$35M	$30M	$439M	$277M
Operating Expenses	$578M	$566M	$40M	$29M	$35M	$30M	$409M	$277M
Operating Income	-$47M	$51M	$594M	$466M	$442M	$406M	-$204M	-$22M
Operating Margin	-1.8%	1.8%	19.3%	19.5%	18.6%	20.9%	-11.2%	-1.5%
Interest Expense	$0	$0	$0	$0	$21M	$20M	$24M	$21M
Income Before Tax	-$48M	$7M	-$131M	-$267M	-$122M	-$76M	-$205M	-$34M
Tax Expense	$5M	$5M	$65M	$7M	$3M	$5M	$7M	$2M
Net Income	-$74M	$2M	-$202M	-$273M	-$128M	-$84M	-$213M	-$36M
Net Margin	-2.8%	0.1%	-6.5%	-11.4%	-5.4%	-4.3%	-11.7%	-2.4%
EPS (Diluted)	$-0.07	$0.00	$-0.19	$-0.26	$-0.12	$-0.08	$-0.20	$-0.03
EBITDA	$154M	$226M	$194M	$77M	$83M	$80M	$92M	$203M
Shares Outstanding	1.04B	1.04B	1.04B	1.04B	1.04B	1.05B	1.05B	1.05B

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