1875.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.
3 more panels on 1875.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 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $747.64M | $1.10B | $780.63M | $442.18M | — | -31.9% |
| Operating revenue | $747.64M | $1.10B | $780.63M | $442.18M | — | -31.9% |
| Cost of revenue | $358.67M | $315.90M | $206.64M | $71.56M | — | +13.5% |
| Gross profit | $388.98M | $782.43M | $573.99M | $370.62M | — | -50.3% |
| Research & development | $85.67M | $79.31M | $103.89M | $151.17M | — | +8.0% |
| Selling, general & admin | $401.58M | $688.09M | $509.33M | $266.54M | — | -41.6% |
| Total operating expense | $469.70M | $745.88M | $595.12M | $409.45M | — | -37.0% |
| Operating income | -$80.72M | $36.55M | -$21.13M | -$38.83M | — | -320.8% |
| Net interest income | -$9.68M | -$6.50M | -$2.20M | -$4.34M | — | -48.9% |
| Pre-tax income | -$100.37M | $34.76M | -$37.76M | -$50.05M | — | -388.8% |
| Tax provision | $0 | $0 | $1.00K | $0 | — | — |
| Net income | -$100.37M | $34.76M | -$37.76M | -$49.92M | — | -388.8% |
| Net income to common | -$100.37M | $34.76M | -$37.76M | -$49.92M | — | -388.8% |
| Basic EPS | — | 0.05 | -0.05 | -0.08 | -0.46 | — |
| Diluted EPS | — | 0.05 | -0.05 | -0.08 | -0.46 | — |
| EBIT | -$88.45M | $44.64M | -$32.58M | -$43.44M | — | -298.1% |
| EBITDA | -$9.25M | $110.05M | $10.45M | -$5.41M | — | -108.4% |
| Basic shares | — | 725.20M | 725.20M | 639.31M | 573.36M | — |
| Diluted shares | — | 725.20M | 725.20M | 639.31M | 573.36M | — |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $327.56M | $381.26M | $351.60M | $417.77M | -14.1% |
| Cash & short-term investments | $327.56M | $381.26M | $351.60M | $458.05M | -14.1% |
| Accounts receivable | $72.46M | $156.56M | $85.79M | $49.12M | -53.7% |
| Inventory | $105.78M | $108.66M | $126.01M | $94.82M | -2.7% |
| Total current assets | $560.92M | $743.28M | $693.17M | $676.80M | -24.5% |
| Property, plant & equipment | $669.72M | $725.83M | $699.23M | $549.83M | -7.7% |
| Goodwill & intangibles | $22.94M | $19.33M | $21.48M | $17.63M | +18.7% |
| Total assets | $1.26B | $1.51B | $1.43B | $1.26B | -16.5% |
| Total current liabilities | $273.51M | $415.36M | $382.49M | $275.35M | -34.2% |
| Current debt | $52.98M | $69.59M | $41.60M | $75.50M | -23.9% |
| Long-term debt | $329.64M | $324.43M | $302.69M | $212.13M | +1.6% |
| Total debt | $383.56M | $395.47M | $345.65M | $289.53M | -3.0% |
| Total liabilities | $633.47M | $779.12M | $739.41M | $546.59M | -18.7% |
| Retained earnings | -$1.75B | -$1.65B | -$1.68B | -$1.65B | -6.1% |
| Shareholder equity | $625.82M | $729.65M | $686.69M | $713.88M | -14.2% |
| Working capital | $287.40M | $327.91M | $310.69M | $401.45M | -12.4% |
| Net tangible assets | $602.87M | $710.32M | $665.21M | $696.25M | -15.1% |
| Shares issued | 772.79M | 772.79M | 772.79M | 772.79M | 0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | -$100.37M | $34.76M | -$37.76M | -$50.05M | -388.8% |
| Depreciation & amortisation | $79.20M | $65.42M | $43.03M | $38.04M | +21.1% |
| Stock-based compensation | -$2.08M | $6.01M | $10.64M | $16.11M | -134.7% |
| Change in working capital | $6.38M | $7.35M | $11.73M | $40.55M | -13.1% |
| Operating cash flow | $16.14M | $116.40M | $56.43M | $59.93M | -86.1% |
| Capital expenditure | -$43.07M | -$123.57M | -$203.20M | -$240.12M | +65.1% |
| Investing cash flow | -$43.07M | -$122.50M | -$164.10M | -$282.76M | +64.8% |
| Financing cash flow | -$25.66M | $34.18M | $38.23M | $481.24M | -175.1% |
| Free cash flow | -$26.93M | -$7.17M | -$146.77M | -$180.19M | -275.5% |
| End cash position | $327.56M | $381.26M | $351.60M | $417.77M | -14.1% |
Newly listed companies often have nothing on file until their first annual report.
| Line item | 2025-12-31 | 2024-12-31 | YoY |
|---|---|---|---|
| Cash & equivalents | $327.56M | $381.26M | -14.1% |
| Cash & short-term investments | $327.56M | $381.26M | -14.1% |
| Accounts receivable | $72.46M | $156.56M | -53.7% |
| Inventory | $105.78M | $108.66M | -2.7% |
| Total current assets | $560.92M | $743.28M | -24.5% |
| Property, plant & equipment | $669.72M | $725.83M | -7.7% |
| Goodwill & intangibles | $22.94M | $19.33M | +18.7% |
| Total assets | $1.26B | $1.51B | -16.5% |
| Total current liabilities | $273.51M | $415.36M | -34.2% |
| Current debt | $52.98M | $69.59M | -23.9% |
| Long-term debt | $329.64M | $324.43M | +1.6% |
| Total debt | $383.56M | $395.47M | -3.0% |
| Total liabilities | $633.47M | $779.12M | -18.7% |
| Retained earnings | -$1.75B | -$1.65B | -6.1% |
| Shareholder equity | $625.82M | $729.65M | -14.2% |
| Working capital | $287.40M | $327.91M | -12.4% |
| Net tangible assets | $602.87M | $710.32M | -15.1% |
| Shares issued | 772.79M | 772.79M | 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.