1868.HK
Price
Trailing performance
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
3 more panels on 1868.HK open with an account.
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 | YoY |
|---|---|---|---|---|---|
| Total revenue | $750.64M | $746.14M | $786.11M | $927.51M | +0.6% |
| Operating revenue | $750.64M | $746.14M | $786.11M | $927.51M | +0.6% |
| Cost of revenue | $450.52M | $424.07M | $440.24M | $579.86M | +6.2% |
| Gross profit | $300.11M | $322.07M | $345.87M | $347.65M | -6.8% |
| Selling, general & admin | $326.21M | $331.21M | $352.87M | $306.50M | -1.5% |
| Total operating expense | $320.58M | $331.01M | $352.81M | $304.79M | -3.2% |
| Operating income | -$20.46M | -$8.94M | -$6.94M | $42.86M | -128.9% |
| Net interest income | $31.37M | $32.61M | $25.69M | $14.41M | -3.8% |
| Pre-tax income | $11.94M | $48.07M | $41.38M | $100.66M | -75.2% |
| Tax provision | $4.10M | $10.15M | $13.71M | $14.88M | -59.6% |
| Net income | $7.25M | $37.18M | $26.82M | $48.77M | -80.5% |
| Net income to common | $7.25M | $37.18M | $26.82M | $48.77M | -80.5% |
| Basic EPS | 0.00 | 0.02 | 0.01 | 0.02 | -80.3% |
| Diluted EPS | 0.00 | 0.02 | 0.01 | 0.02 | -80.3% |
| EBIT | $13.52M | $49.26M | $42.91M | $104.01M | -72.6% |
| EBITDA | $36.92M | $74.12M | $65.56M | $133.02M | -50.2% |
| Basic shares | 2.09B | 2.09B | 2.09B | 2.09B | -0.0% |
| Diluted shares | 2.09B | 2.09B | 2.09B | 2.09B | -0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $637.10M | $607.21M | $498.10M | $783.26M | — | +4.9% |
| Cash & short-term investments | $637.10M | $619.48M | $514.49M | $801.26M | — | +2.8% |
| Accounts receivable | $109.31M | $111.57M | $108.74M | $128.69M | — | -2.0% |
| Inventory | $170.96M | $143.23M | $154.05M | $176.17M | — | +19.4% |
| Total current assets | $1.39B | $1.41B | $1.33B | $1.30B | — | -1.0% |
| Property, plant & equipment | $71.28M | $48.59M | $62.38M | $91.94M | — | +46.7% |
| Goodwill & intangibles | $104.75M | $113.20M | $111.88M | $110.82M | — | -7.5% |
| Total assets | $1.88B | $1.89B | $1.82B | $1.73B | — | -0.3% |
| Total current liabilities | $211.05M | $223.28M | $197.07M | $196.83M | — | -5.5% |
| Current debt | — | — | — | $0 | $36.66M | — |
| Long-term debt | — | — | — | — | $0 | — |
| Total debt | $57.29M | $33.07M | $43.03M | $49.74M | — | +73.3% |
| Total liabilities | $284.85M | $271.40M | $254.23M | $246.71M | — | +5.0% |
| Retained earnings | -$934.78M | -$944.41M | -$981.59M | -$1.01B | — | +1.0% |
| Shareholder equity | $1.59B | $1.61B | $1.55B | $1.47B | — | -1.2% |
| Working capital | $1.18B | $1.18B | $1.14B | $1.10B | — | -0.2% |
| Net tangible assets | $1.48B | $1.49B | $1.44B | $1.36B | — | -0.7% |
| Shares issued | 2.09B | 2.09B | 2.09B | 2.09B | — | 0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Net income | $11.94M | $48.07M | $41.38M | $64.61M | — | -75.2% |
| Depreciation & amortisation | $23.40M | $24.86M | $22.64M | $29.01M | — | -5.9% |
| Stock-based compensation | — | — | — | — | $0 | — |
| Change in working capital | -$58.34M | $30.80M | $109.16M | $22.50M | — | -289.4% |
| Operating cash flow | -$36.09M | $59.25M | $107.50M | $116.31M | — | -160.9% |
| Capital expenditure | -$6.91M | -$9.69M | -$10.18M | -$10.07M | — | +28.7% |
| Investing cash flow | $65.13M | $194.36M | -$569.16M | -$65.96M | — | -66.5% |
| Share buybacks | -$87.00K | $0 | — | — | — | — |
| Financing cash flow | -$11.41M | -$10.68M | -$10.83M | -$52.25M | — | -6.9% |
| Free cash flow | -$43.00M | $49.56M | $97.33M | $106.24M | — | -186.8% |
| End cash position | $489.19M | $486.48M | $236.84M | $706.56M | — | +0.6% |
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 | $637.10M | $607.76M | $607.21M | +4.8% |
| Cash & short-term investments | $637.10M | $617.92M | $619.48M | +3.1% |
| Accounts receivable | $109.31M | $91.30M | $111.57M | +19.7% |
| Inventory | $170.96M | $161.99M | $143.23M | +5.5% |
| Total current assets | $1.39B | $1.39B | $1.41B | +0.5% |
| Property, plant & equipment | $71.28M | $42.14M | $48.59M | +69.1% |
| Goodwill & intangibles | $104.75M | $109.26M | $113.20M | -4.1% |
| Total assets | $1.88B | $1.85B | $1.89B | +1.7% |
| Total current liabilities | $211.05M | $197.85M | $223.28M | +6.7% |
| Total debt | $57.29M | $27.43M | $33.07M | +108.9% |
| Total liabilities | $284.85M | $240.60M | $271.40M | +18.4% |
| Retained earnings | -$934.78M | -$939.46M | -$944.41M | +0.5% |
| Shareholder equity | $1.59B | $1.60B | $1.61B | -0.9% |
| Working capital | $1.18B | $1.19B | $1.18B | -0.6% |
| Net tangible assets | $1.48B | $1.49B | $1.49B | -0.6% |
| Shares issued | 2.09B | 2.09B | 2.09B | 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
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.