1851.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 | $400.68M | $372.69M | $354.86M | $286.19M | — | +7.5% |
| Operating revenue | $400.68M | $372.69M | $354.86M | $286.19M | — | +7.5% |
| Cost of revenue | $179.24M | $162.72M | $141.75M | $123.96M | — | +10.1% |
| Gross profit | $221.44M | $209.96M | $213.11M | $162.24M | — | +5.5% |
| Selling, general & admin | $54.58M | $59.28M | $56.35M | $57.11M | — | -7.9% |
| Total operating expense | $51.80M | $55.29M | $51.15M | $52.97M | — | -6.3% |
| Operating income | $169.64M | $154.68M | $161.96M | $109.26M | — | +9.7% |
| Net interest income | -$6.89M | -$1.64M | -$14.64M | -$28.73M | — | -320.6% |
| Pre-tax income | $163.05M | $153.83M | $148.76M | $85.20M | — | +6.0% |
| Tax provision | $480.00K | $625.00K | $730.00K | $196.00K | — | -23.2% |
| Net income | $162.57M | $153.21M | $148.03M | $85.01M | — | +6.1% |
| Net income to common | $162.57M | $153.21M | $148.03M | $85.01M | — | +6.1% |
| Basic EPS | — | 0.31 | 0.30 | 0.17 | 0.08 | — |
| Diluted EPS | — | 0.31 | 0.30 | 0.17 | 0.08 | — |
| EBIT | $170.40M | $157.31M | $164.38M | $114.33M | — | +8.3% |
| EBITDA | $222.43M | $203.79M | $209.19M | $152.80M | — | +9.1% |
| Basic shares | — | 500.00M | 500.00M | 500.00M | 500.00M | — |
| Diluted shares | — | 500.00M | 500.00M | 500.00M | 500.00M | — |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $243.50M | $271.72M | $215.71M | $199.85M | -10.4% |
| Cash & short-term investments | $250.69M | $271.72M | $215.71M | $199.85M | -7.7% |
| Accounts receivable | $1.33M | $1.82M | $1.63M | $13.17M | -27.2% |
| Inventory | $884.00K | $1.16M | $1.25M | $1.10M | -23.7% |
| Total current assets | $263.75M | $283.06M | $224.53M | $221.61M | -6.8% |
| Property, plant & equipment | $1.26B | $1.24B | $1.17B | $1.12B | +2.2% |
| Goodwill & intangibles | $66.44M | $65.21M | $66.03M | $66.95M | +1.9% |
| Total assets | $1.60B | $1.59B | $1.46B | $1.41B | +0.5% |
| Total current liabilities | $384.54M | $457.54M | $392.98M | $499.48M | -16.0% |
| Current debt | $70.00M | $120.00M | $70.00M | $142.91M | -41.7% |
| Long-term debt | $109.79M | $189.79M | $269.79M | $257.62M | -42.2% |
| Total debt | $180.49M | $311.01M | $339.95M | $401.29M | -42.0% |
| Total liabilities | $494.58M | $648.53M | $674.70M | $772.22M | -23.7% |
| Retained earnings | $832.86M | $687.44M | $550.36M | $416.69M | +21.2% |
| Shareholder equity | $1.10B | $937.91M | $784.70M | $636.67M | +17.3% |
| Working capital | -$120.79M | -$174.48M | -$168.45M | -$277.87M | +30.8% |
| Net tangible assets | $1.03B | $872.70M | $718.67M | $569.72M | +18.5% |
| Shares issued | 500.00M | 500.00M | 500.00M | 500.00M | 0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $163.05M | $153.83M | $148.76M | $85.20M | +6.0% |
| Depreciation & amortisation | $52.03M | $46.48M | $44.81M | $38.47M | +11.9% |
| Change in working capital | -$11.35M | $2.80M | $30.37M | $64.36M | -505.0% |
| Operating cash flow | $211.40M | $205.69M | $237.36M | $212.00M | +2.8% |
| Capital expenditure | -$93.62M | -$108.19M | -$141.00M | -$153.37M | +13.5% |
| Investing cash flow | -$140.64M | -$108.18M | -$140.99M | -$153.37M | -30.0% |
| Financing cash flow | -$138.14M | -$41.77M | -$81.75M | -$19.67M | -230.7% |
| Free cash flow | $117.78M | $97.50M | $96.36M | $58.63M | +20.8% |
| End cash position | $203.50M | $271.72M | $215.71M | $199.85M | -25.1% |
Newly listed companies often have nothing on file until their first annual report.
| Line item | 2025-12-31 | 2024-12-31 | YoY |
|---|---|---|---|
| Cash & equivalents | $243.50M | $271.72M | -10.4% |
| Cash & short-term investments | $250.69M | $271.72M | -7.7% |
| Accounts receivable | $1.33M | $1.82M | -27.2% |
| Inventory | $884.00K | $1.16M | -23.7% |
| Total current assets | $263.75M | $283.06M | -6.8% |
| Property, plant & equipment | $1.26B | $1.24B | +2.2% |
| Goodwill & intangibles | $66.44M | $65.21M | +1.9% |
| Total assets | $1.60B | $1.59B | +0.5% |
| Total current liabilities | $384.54M | $457.54M | -16.0% |
| Current debt | $70.00M | $120.00M | -41.7% |
| Long-term debt | $109.79M | $189.79M | -42.2% |
| Total debt | $180.49M | $311.01M | -42.0% |
| Total liabilities | $494.58M | $648.53M | -23.7% |
| Retained earnings | $832.86M | $687.44M | +21.2% |
| Shareholder equity | $1.10B | $937.91M | +17.3% |
| Working capital | -$120.79M | -$174.48M | +30.8% |
| Net tangible assets | $1.03B | $872.70M | +18.5% |
| Shares issued | 500.00M | 500.00M | 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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