1906.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 | YoY |
|---|---|---|---|---|---|
| Total revenue | $231.84M | $266.74M | $177.67M | $160.91M | -13.1% |
| Operating revenue | $231.84M | $266.74M | $177.67M | $160.91M | -13.1% |
| Cost of revenue | $164.67M | $187.87M | $136.00M | $129.27M | -12.3% |
| Gross profit | $67.17M | $78.86M | $41.67M | $31.64M | -14.8% |
| Selling, general & admin | $72.42M | $72.47M | $68.38M | $70.59M | -0.1% |
| Total operating expense | $70.47M | $70.68M | $64.16M | $66.08M | -0.3% |
| Operating income | -$3.31M | $8.18M | -$22.50M | -$34.43M | -140.4% |
| Net interest income | -$6.64M | -$6.91M | -$5.88M | -$4.51M | +3.8% |
| Pre-tax income | -$56.53M | -$16.66M | -$40.22M | -$71.33M | -239.2% |
| Tax provision | $264.00K | $68.00K | $4.99M | -$390.00K | +288.2% |
| Net income | -$56.79M | -$16.73M | -$45.27M | -$70.94M | -239.4% |
| Net income to common | -$56.79M | -$16.73M | -$45.27M | -$70.94M | -239.4% |
| Basic EPS | -0.04 | -0.01 | -0.04 | -0.06 | -200.0% |
| Diluted EPS | -0.04 | -0.01 | -0.04 | -0.06 | -200.0% |
| EBIT | -$49.79M | -$9.66M | -$34.24M | -$66.74M | -415.5% |
| EBITDA | -$34.94M | $5.78M | -$17.93M | -$48.84M | -704.3% |
| Basic shares | 1.47B | 1.31B | 1.28B | 1.28B | +12.3% |
| Diluted shares | 1.47B | 1.31B | 1.28B | 1.28B | +12.3% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $20.42M | $7.67M | $3.65M | $6.45M | +166.4% |
| Cash & short-term investments | $21.04M | $7.67M | $3.65M | $6.45M | +174.5% |
| Accounts receivable | $40.19M | $45.72M | $33.78M | $32.58M | -12.1% |
| Inventory | $62.77M | $91.59M | $83.37M | $109.88M | -31.5% |
| Total current assets | $143.33M | $154.97M | $128.66M | $165.25M | -7.5% |
| Property, plant & equipment | $221.46M | $221.44M | $230.90M | $347.28M | +0.0% |
| Goodwill & intangibles | $911.00K | $142.00K | $299.00K | $494.00K | +541.5% |
| Total assets | $623.01M | $644.80M | $588.08M | $571.50M | -3.4% |
| Total current liabilities | $217.00M | $214.74M | $187.39M | $191.20M | +1.1% |
| Current debt | $134.17M | $107.22M | $87.00M | $57.00M | +25.1% |
| Long-term debt | $87.54M | $53.74M | $42.00M | $80.00M | +62.9% |
| Total debt | $227.47M | $167.88M | $133.59M | $144.24M | +35.5% |
| Total liabilities | $325.01M | $289.27M | $275.40M | $281.56M | +12.4% |
| Retained earnings | -$140.36M | -$83.57M | -$66.84M | -$21.57M | -68.0% |
| Shareholder equity | $296.87M | $354.41M | $311.55M | $288.88M | -16.2% |
| Working capital | -$73.68M | -$59.76M | -$58.73M | -$25.95M | -23.3% |
| Net tangible assets | $295.96M | $354.27M | $311.25M | $288.38M | -16.5% |
| Shares issued | 1.47B | 1.47B | 1.28B | 1.28B | 0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | -$56.53M | -$16.66M | -$40.22M | -$71.33M | -239.2% |
| Depreciation & amortisation | $14.85M | $15.44M | $16.30M | $17.89M | -3.8% |
| Change in working capital | $15.19M | -$16.26M | $17.23M | $71.37M | +193.4% |
| Operating cash flow | $31.13M | $5.21M | $9.56M | $28.89M | +497.1% |
| Capital expenditure | -$58.02M | -$61.79M | -$16.29M | -$36.40M | +6.1% |
| Investing cash flow | -$57.68M | -$57.63M | -$10.10M | -$36.37M | -0.1% |
| Financing cash flow | $39.34M | $56.42M | -$2.29M | $5.11M | -30.3% |
| Free cash flow | -$26.89M | -$56.57M | -$6.73M | -$7.51M | +52.5% |
| End cash position | $20.42M | $7.67M | $3.65M | $6.45M | +166.4% |
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 | $20.42M | $7.59M | $7.67M | +169.1% |
| Cash & short-term investments | $21.04M | $8.22M | $7.67M | +156.1% |
| Accounts receivable | $40.19M | $36.12M | $45.72M | +11.3% |
| Inventory | $62.77M | $61.51M | $91.59M | +2.1% |
| Total current assets | $143.33M | $129.70M | $154.97M | +10.5% |
| Property, plant & equipment | $221.46M | $234.35M | $221.44M | -5.5% |
| Goodwill & intangibles | $911.00K | $987.00K | $142.00K | -7.7% |
| Total assets | $623.01M | $668.53M | $644.80M | -6.8% |
| Total current liabilities | $217.00M | $193.32M | $214.74M | +12.3% |
| Current debt | $134.17M | — | $107.22M | — |
| Long-term debt | $87.54M | — | $53.74M | — |
| Total debt | $227.47M | $213.55M | $167.88M | +6.5% |
| Total liabilities | $325.01M | $314.32M | $289.27M | +3.4% |
| Retained earnings | -$140.36M | -$82.40M | -$83.57M | -70.4% |
| Shareholder equity | $296.87M | $353.08M | $354.41M | -15.9% |
| Working capital | -$73.68M | -$63.63M | -$59.76M | -15.8% |
| Net tangible assets | $295.96M | $352.10M | $354.27M | -15.9% |
| Shares issued | 1.47B | 1.47B | 1.47B | 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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