0865.HK
Price
Trailing performance
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
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Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Fundamentals
Valuation & profitability ratios
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $91.28M | $76.74M | $278.29M | $262.15M | — | +19.0% |
| Operating revenue | $91.28M | $76.74M | $278.29M | $262.15M | — | +19.0% |
| Cost of revenue | $84.28M | $69.80M | $241.28M | $178.56M | — | +20.7% |
| Gross profit | $7.00M | $6.94M | $37.01M | $83.59M | — | +1.0% |
| Selling, general & admin | $15.07M | $16.86M | $23.51M | $28.26M | — | -10.6% |
| Total operating expense | $15.21M | $16.39M | $23.33M | $28.69M | — | -7.2% |
| Operating income | -$8.21M | -$9.45M | $13.68M | $54.90M | — | +13.2% |
| Net interest income | $2.05M | $2.72M | $2.04M | $2.47M | — | -24.5% |
| Pre-tax income | -$6.96M | -$17.21M | $16.01M | $45.83M | — | +59.5% |
| Tax provision | $1.00K | $24.10M | $8.42M | $13.60M | — | -100.0% |
| Net income | -$7.05M | -$40.59M | $4.51M | $31.32M | — | +82.6% |
| Net income to common | -$7.05M | -$40.59M | $4.51M | $31.32M | — | +82.6% |
| Basic EPS | — | -0.01 | 0.00 | 0.01 | 0.00 | — |
| Diluted EPS | — | -0.01 | 0.00 | 0.01 | 0.00 | — |
| EBIT | -$6.95M | -$17.20M | $16.02M | $45.84M | — | +59.6% |
| EBITDA | -$6.58M | -$16.54M | $17.14M | $47.59M | — | +60.3% |
| Basic shares | — | 5.84B | 5.84B | 5.84B | 5.84B | — |
| Diluted shares | — | 5.84B | 5.84B | 5.84B | 5.84B | — |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $95.68M | $65.47M | $153.16M | $133.20M | — | +46.1% |
| Cash & short-term investments | $95.68M | $65.47M | $153.16M | $133.20M | — | +46.1% |
| Accounts receivable | — | — | — | $0 | $0 | — |
| Inventory | $783.73M | $874.73M | $880.79M | $1.04B | — | -10.4% |
| Total current assets | $919.70M | $982.37M | $1.11B | $1.26B | — | -6.4% |
| Property, plant & equipment | $435.00K | $653.00K | $970.00K | $1.94M | — | -33.4% |
| Total assets | $1.02B | $1.09B | $1.20B | $1.36B | — | -6.4% |
| Total current liabilities | $257.79M | $321.14M | $378.52M | $512.53M | — | -19.7% |
| Current debt | — | $0 | $36.00M | $126.32M | $14.20M | — |
| Long-term debt | — | — | $0 | $30.59M | $25.80M | — |
| Total debt | $198.00K | $232.00K | $36.09M | $157.22M | — | -14.7% |
| Total liabilities | $267.75M | $331.20M | $397.47M | $561.94M | — | -19.2% |
| Retained earnings | -$277.45M | -$270.40M | -$229.62M | -$234.13M | — | -2.6% |
| Shareholder equity | $740.22M | $747.18M | $788.06M | $783.33M | — | -0.9% |
| Working capital | $661.90M | $661.22M | $731.31M | $744.37M | — | +0.1% |
| Net tangible assets | $740.22M | $747.18M | $788.06M | $783.33M | — | -0.9% |
| Shares issued | 5.84B | 5.84B | 5.84B | 5.84B | — | 0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | -$6.96M | -$17.21M | $16.01M | $45.83M | +59.5% |
| Depreciation & amortisation | $374.00K | $661.00K | $1.12M | $1.75M | -43.4% |
| Change in working capital | $40.16M | $2.14M | $661.00K | -$165.04M | +1,773.4% |
| Operating cash flow | $27.36M | -$7.06M | $12.16M | -$129.96M | +487.5% |
| Capital expenditure | -$12.00K | -$108.00K | -$110.00K | -$384.00K | +88.9% |
| Investing cash flow | $10.85M | $6.80M | $9.52M | $10.93M | +59.7% |
| Financing cash flow | -$8.09M | -$87.33M | -$1.94M | $21.01M | +90.7% |
| Free cash flow | $27.35M | -$7.17M | $12.05M | -$130.34M | +481.5% |
| End cash position | $95.68M | $65.47M | $153.16M | $133.20M | +46.1% |
Newly listed companies often have nothing on file until their first annual report.
| Line item | 2025-12-31 | 2025-06-30 | 2024-12-31 | YoY |
|---|---|---|---|---|
| Cash & equivalents | $95.68M | $84.23M | $65.47M | +13.6% |
| Cash & short-term investments | $95.68M | $84.23M | $65.47M | +13.6% |
| Inventory | $783.73M | $811.79M | $874.73M | -3.5% |
| Total current assets | $919.70M | $934.14M | $982.37M | -1.5% |
| Property, plant & equipment | $435.00K | $545.00K | $653.00K | -20.2% |
| Total assets | $1.02B | $1.04B | $1.09B | -1.9% |
| Total current liabilities | $257.79M | $273.57M | $321.14M | -5.8% |
| Current debt | — | — | $0 | — |
| Total debt | $198.00K | $259.00K | $232.00K | -23.6% |
| Total liabilities | $267.75M | $283.60M | $331.20M | -5.6% |
| Retained earnings | -$277.45M | -$272.85M | -$270.40M | -1.7% |
| Shareholder equity | $740.22M | $744.82M | $747.18M | -0.6% |
| Working capital | $661.90M | $660.57M | $661.22M | +0.2% |
| Net tangible assets | $740.22M | $744.82M | $747.18M | -0.6% |
| Shares issued | 5.84B | 5.84B | 5.84B | 0.0% |
Newly listed companies often have nothing on file until their first annual report.
Analyst targets & ownership
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Headlines
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