1845.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 | $204.79M | $241.62M | $253.45M | $348.93M | — | -15.2% |
| Operating revenue | $204.79M | $241.62M | $253.45M | $348.93M | — | -15.2% |
| Cost of revenue | $161.37M | $183.59M | $192.72M | $284.73M | — | -12.1% |
| Gross profit | $43.43M | $58.03M | $60.73M | $64.20M | — | -25.2% |
| Research & development | $10.51M | $12.51M | $11.23M | $22.33M | — | -16.0% |
| Selling, general & admin | $66.70M | $62.75M | $57.19M | $60.39M | — | +6.3% |
| Total operating expense | $76.34M | $74.64M | $66.66M | $79.45M | — | +2.3% |
| Operating income | -$32.92M | -$16.62M | -$5.93M | -$15.25M | — | -98.1% |
| Net interest income | -$2.38M | -$2.02M | -$1.73M | -$1.74M | — | -18.0% |
| Pre-tax income | -$69.48M | -$56.76M | $680.00K | -$75.16M | — | -22.4% |
| Tax provision | $7.54M | -$1.49M | $1.95M | $2.87M | — | +605.1% |
| Net income | -$63.15M | -$48.57M | $1.75M | -$72.35M | — | -30.0% |
| Net income to common | -$63.15M | -$48.57M | $1.75M | -$72.35M | — | -30.0% |
| Basic EPS | — | -0.04 | 0.00 | -0.05 | -0.01 | — |
| Diluted EPS | — | -0.04 | 0.00 | -0.05 | -0.01 | — |
| EBIT | -$66.01M | -$53.92M | $3.25M | -$72.36M | — | -22.4% |
| EBITDA | -$41.03M | -$30.22M | $19.69M | -$55.63M | — | -35.8% |
| Basic shares | — | 1.33B | 1.33B | 1.33B | 1.33B | — |
| Diluted shares | — | 1.33B | 1.33B | 1.33B | 1.33B | — |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $95.80M | $49.77M | $73.61M | $69.04M | +92.5% |
| Cash & short-term investments | $95.80M | $49.77M | $73.61M | $69.04M | +92.5% |
| Accounts receivable | $193.06M | $251.06M | $196.62M | $172.86M | -23.1% |
| Inventory | $5.68M | $12.13M | $8.47M | $9.42M | -53.2% |
| Total current assets | $419.28M | $463.79M | $535.51M | $502.91M | -9.6% |
| Property, plant & equipment | $270.46M | $269.12M | $266.31M | $167.09M | +0.5% |
| Goodwill & intangibles | $8.26M | $24.37M | $26.07M | $27.77M | -66.1% |
| Total assets | $706.13M | $773.67M | $843.16M | $743.98M | -8.7% |
| Total current liabilities | $265.71M | $276.76M | $307.61M | $242.74M | -4.0% |
| Current debt | $36.99M | $39.31M | $32.90M | $42.97M | -5.9% |
| Long-term debt | $37.83M | $22.49M | $0 | $0 | +68.2% |
| Total debt | $80.66M | $65.87M | $43.38M | $53.23M | +22.5% |
| Total liabilities | $307.91M | $301.64M | $315.34M | $250.74M | +2.1% |
| Retained earnings | -$52.04M | $11.44M | $59.25M | $57.69M | -555.1% |
| Shareholder equity | $309.20M | $372.34M | $421.13M | $419.38M | -17.0% |
| Working capital | $153.58M | $187.02M | $227.90M | $260.17M | -17.9% |
| Net tangible assets | $300.93M | $347.97M | $395.06M | $391.60M | -13.5% |
| Shares issued | 1.33B | 1.33B | 1.33B | 1.33B | 0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Net income | -$69.48M | -$56.76M | $680.00K | -$75.16M | — | -22.4% |
| Depreciation & amortisation | $24.98M | $23.70M | $16.44M | $16.73M | — | +5.4% |
| Stock-based compensation | — | — | $0 | $306.00K | $624.00K | — |
| Change in working capital | $76.17M | $861.00K | $24.41M | $34.84M | — | +8,746.6% |
| Operating cash flow | $72.27M | $7.21M | $34.18M | $35.63M | — | +903.0% |
| Capital expenditure | -$46.48M | -$57.46M | -$33.60M | -$16.68M | — | +19.1% |
| Investing cash flow | -$36.89M | -$53.98M | -$18.13M | -$20.23M | — | +31.7% |
| Financing cash flow | $10.64M | $22.93M | -$11.48M | -$15.54M | — | -53.6% |
| Free cash flow | $25.80M | -$50.25M | $578.00K | $18.95M | — | +151.3% |
| End cash position | $95.80M | $49.77M | $73.61M | $69.04M | — | +92.5% |
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 | $95.80M | $65.92M | $49.77M | +45.3% |
| Cash & short-term investments | $95.80M | $65.92M | $49.77M | +45.3% |
| Accounts receivable | $193.06M | $217.63M | $251.06M | -11.3% |
| Inventory | $5.68M | $10.41M | $12.13M | -45.4% |
| Total current assets | $419.28M | $442.01M | $463.79M | -5.1% |
| Property, plant & equipment | $270.46M | $282.30M | $269.12M | -4.2% |
| Goodwill & intangibles | $8.26M | $23.52M | $24.37M | -64.9% |
| Total assets | $706.13M | $762.91M | $773.67M | -7.4% |
| Total current liabilities | $265.71M | $258.46M | $276.76M | +2.8% |
| Current debt | $36.99M | $43.35M | $39.31M | -14.7% |
| Long-term debt | $37.83M | $37.61M | $22.49M | +0.6% |
| Total debt | $80.66M | $86.61M | $65.87M | -6.9% |
| Total liabilities | $307.91M | $300.16M | $301.64M | +2.6% |
| Retained earnings | -$52.04M | $4.09M | $11.44M | -1,371.2% |
| Shareholder equity | $309.20M | $365.00M | $372.34M | -15.3% |
| Working capital | $153.58M | $183.55M | $187.02M | -16.3% |
| Net tangible assets | $300.93M | $341.48M | $347.97M | -11.9% |
| Shares issued | 1.33B | 1.33B | 1.33B | 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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