Also trades as: 2688.HK (HKSE) · $vol 30M · XNGSY (OTC) · $vol 1M

$6.51

+0.58 (+9.78%)

OTC · Utilities · Regulated Gas · Tech Score Neutral · Power 51 · $7.2B mcap · 716M float · 0.0000% daily turnover · Short 95% of daily vol

Revenue

$109.0B -0.8% ▼

5Y CAGR: +8.8%

Gross Profit

$12.9B -3.4% ▼

5Y CAGR: +1.0%

Operating Income

$7.4B -14.9% ▼

5Y CAGR: -1.9%

Net Income

$5.8B -3.9% ▼

5Y CAGR: -1.7%

EPS (Diluted)

$5.17 -3.4% ▼

5Y CAGR: -1.5%

EBITDA

$10.0B -21.3% ▼

5Y CAGR: -0.1%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$93.1B	$110.1B	$113.9B	$109.9B	$109.0B
YoY Growth	+30.0%	+18.2%	+3.5%	-3.5%	-0.8%
Cost of Revenue	$79.1B	$94.3B	$99.5B	$96.4B	$96.1B
Gross Profit	$14.1B	$15.8B	$14.3B	$13.4B	$12.9B
Gross Margin	15.1%	14.3%	12.6%	12.2%	11.9%
R&D Expenses	$55M	$819M	$553M	$421M	$0
SG&A Expenses	$4.8B	$5.4B	$5.3B	$1.6B	$5.5B
Operating Expenses	$4.9B	$6.3B	$5.9B	$4.7B	$5.5B
Operating Income	$9.2B	$9.5B	$8.5B	$8.7B	$7.4B
Operating Margin	9.8%	8.6%	7.4%	7.9%	6.8%
Interest Expense	$528M	$654M	$792M	$761M	$578M
Income Before Tax	$11.4B	$9.1B	$10.0B	$8.8B	$8.4B
Tax Expense	$2.4B	$2.4B	$2.3B	$1.9B	$1.7B
Net Income	$7.8B	$5.9B	$6.8B	$6.0B	$5.8B
Net Margin	8.3%	5.3%	6.0%	5.5%	5.3%
EPS (Diluted)	$6.86	$5.19	$6.04	$5.35	$5.17
EBITDA	$11.3B	$12.7B	$11.6B	$12.7B	$10.0B
Shares Outstanding	1.13B	1.13B	1.13B	1.12B	1.11B

Line Item	FY2022 Q4	FY2023 Q2	FY2023 Q4	FY2024 Q2	FY2024 Q4	FY2025 Q2	FY2025 Q4	FY2026 Q2
Revenue	$51.7B	$54.1B	$59.7B	$54.6B	$55.3B	$55.7B	$55.3B	$56.2B
Cost of Revenue	$42.9B	$47.0B	$52.6B	$48.1B	$48.3B	$49.2B	$48.6B	$49.7B
Gross Profit	$8.9B	$7.2B	$7.2B	$6.5B	$6.9B	$6.5B	$6.7B	$6.6B
Gross Margin	17.1%	13.2%	12.0%	11.8%	12.6%	11.6%	12.2%	11.7%
R&D Expenses	$819M	$0	$553M	$0	$421M	$0	$0	$0
SG&A Expenses	$3.0B	$2.6B	$2.7B	$2.6B	$2.6B	$2.6B	$2.7B	$2.7B
Operating Expenses	$4.4B	$1.9B	$3.9B	$2.6B	$3.0B	$2.6B	$2.7B	$2.7B
Operating Income	$5.9B	$4.5B	$3.9B	$3.9B	$3.9B	$3.8B	$4.0B	$3.9B
Operating Margin	11.4%	8.4%	6.6%	7.1%	7.1%	6.9%	7.3%	6.9%
Interest Expense	$0	$0	$0	$0	$202M	$176M	$301M	$244M
Income Before Tax	$4.2B	$5.1B	$5.0B	$4.0B	$4.8B	$3.8B	$4.7B	$4.0B
Tax Expense	$1.1B	$1.3B	$1.0B	$978M	$943M	$893M	$883M	$955M
Net Income	$2.8B	$3.3B	$3.5B	$2.6B	$3.4B	$2.4B	$3.4B	$2.6B
Net Margin	5.3%	6.2%	5.8%	4.7%	6.2%	4.4%	6.2%	4.7%
EPS (Diluted)	$2.44	$2.95	$3.09	$2.29	$3.06	$2.19	$3.01	$2.38
EBITDA	$7.1B	$5.9B	$5.7B	$5.3B	$5.7B	$5.4B	$4.9B	$3.9B
Shares Outstanding	1.13B	1.13B	1.13B	1.12B	1.12B	1.11B	1.13B	1.11B

XNGSF OTC