1232.HK
Price
Day trading desk
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on 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 | $452.68M | $796.38M | $2.39B | $2.66B | — | -43.2% |
| Operating revenue | $452.68M | $796.38M | $2.39B | $2.66B | — | -43.2% |
| Cost of revenue | $412.87M | $823.76M | $2.32B | $2.79B | — | -49.9% |
| Gross profit | $39.82M | -$27.38M | $71.35M | -$132.01M | — | +245.4% |
| Selling, general & admin | $157.02M | $182.01M | $256.80M | $228.30M | — | -13.7% |
| Total operating expense | $156.99M | $181.24M | $255.67M | $227.08M | — | -13.4% |
| Operating income | -$117.17M | -$208.62M | -$184.32M | -$359.09M | — | +43.8% |
| Net interest income | -$27.69M | -$62.23M | -$306.47M | -$277.94M | — | +55.5% |
| Pre-tax income | -$405.52M | -$777.18M | -$859.94M | -$918.28M | — | +47.8% |
| Tax provision | $181.58M | -$1.53M | $75.06M | $77.03M | — | +11,937.3% |
| Net income | -$584.29M | -$823.94M | -$1.04B | -$1.05B | — | +29.1% |
| Net income to common | -$584.29M | -$823.94M | -$1.04B | -$1.05B | — | +29.1% |
| Basic EPS | — | -4.58 | -5.75 | -5.86 | -11.00 | — |
| Diluted EPS | — | -4.58 | -0.58 | -0.59 | -1.10 | — |
| EBIT | -$377.63M | -$709.91M | -$541.46M | -$620.23M | — | +46.8% |
| EBITDA | -$318.60M | -$649.23M | -$476.72M | -$556.28M | — | +50.9% |
| Basic shares | — | 179.90M | 1.80B | 1.80B | 1.80B | — |
| Diluted shares | — | 179.90M | 179.90M | 179.90M | 1.80B | — |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $69.87M | $97.88M | $209.26M | $193.22M | -28.6% |
| Cash & short-term investments | $69.87M | $97.88M | $209.26M | $193.22M | -28.6% |
| Accounts receivable | $84.86M | $64.59M | $39.01M | $61.29M | +31.4% |
| Inventory | $2.28B | $2.45B | $3.51B | $5.17B | -7.2% |
| Total current assets | $5.46B | $3.26B | $4.62B | $6.73B | +67.7% |
| Property, plant & equipment | $116.87M | $412.87M | $460.54M | $557.58M | -71.7% |
| Total assets | $7.46B | $8.12B | $10.00B | $12.31B | -8.1% |
| Total current liabilities | $7.57B | $6.89B | $7.78B | $9.02B | +9.9% |
| Current debt | $586.43M | $3.84B | $4.00B | $4.90B | -84.7% |
| Long-term debt | $39.30M | $217.37M | $326.40M | $261.00M | -81.9% |
| Total debt | $705.53M | $4.19B | $4.48B | $5.35B | -83.1% |
| Total liabilities | $7.85B | $7.93B | $9.03B | $10.38B | -1.0% |
| Retained earnings | -$1.61B | -$1.03B | -$191.35M | $848.00M | -57.4% |
| Shareholder equity | -$674.81M | -$93.40M | $733.00M | $1.79B | -622.5% |
| Working capital | -$2.11B | -$3.63B | -$3.16B | -$2.30B | +42.0% |
| Net tangible assets | -$674.81M | -$93.40M | $733.00M | $1.79B | -622.5% |
| Shares issued | 179.90M | 1.80B | 1.80B | 1.80B | -90.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Net income | -$405.52M | -$777.18M | -$859.94M | -$918.28M | — | +47.8% |
| Depreciation & amortisation | $59.04M | $60.68M | $64.74M | $63.96M | — | -2.7% |
| Stock-based compensation | — | — | — | $0 | $52.00K | — |
| Change in working capital | $288.28M | $161.12M | $666.71M | $269.32M | — | +78.9% |
| Operating cash flow | $142.66M | -$15.54M | $382.91M | -$193.62M | — | +1,018.3% |
| Capital expenditure | -$15.00K | -$11.69M | -$129.00K | -$111.00K | — | +99.9% |
| Investing cash flow | $11.47M | $15.40M | $6.36M | $587.03M | — | -25.5% |
| Share buybacks | — | — | — | $0 | -$1.54M | — |
| Financing cash flow | -$175.03M | -$111.41M | -$373.48M | -$549.14M | — | -57.1% |
| Free cash flow | $142.65M | -$27.23M | $382.78M | -$193.73M | — | +623.9% |
| End cash position | $76.87M | $97.88M | $209.26M | $193.22M | — | -21.5% |
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 | $69.87M | $86.83M | $97.88M | -19.5% |
| Cash & short-term investments | $69.87M | $86.83M | $97.88M | -19.5% |
| Accounts receivable | $84.86M | $68.95M | $64.59M | +23.1% |
| Inventory | $2.28B | $2.43B | $2.45B | -6.5% |
| Total current assets | $5.46B | $5.86B | $3.26B | -6.7% |
| Property, plant & equipment | $116.87M | $144.48M | $412.87M | -19.1% |
| Total assets | $7.46B | $7.92B | $8.12B | -5.9% |
| Total current liabilities | $7.57B | $7.51B | $6.89B | +0.9% |
| Current debt | $586.43M | $408.25M | $3.84B | +43.6% |
| Long-term debt | $39.30M | $226.54M | $217.37M | -82.7% |
| Total debt | $705.53M | $738.16M | $4.19B | -4.4% |
| Total liabilities | $7.85B | $7.95B | $7.93B | -1.2% |
| Retained earnings | -$1.61B | -$1.24B | -$1.03B | -29.9% |
| Shareholder equity | -$674.81M | -$307.46M | -$93.40M | -119.5% |
| Working capital | -$2.11B | -$1.65B | -$3.63B | -27.7% |
| Net tangible assets | -$674.81M | -$307.46M | -$93.40M | -119.5% |
| Shares issued | 179.90M | 179.90M | 1.80B | 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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