1925.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 | $882.12M | $1.00B | $806.55M | $718.67M | — | -11.9% |
| Operating revenue | $882.12M | $1.00B | $806.55M | $718.67M | — | -11.9% |
| Cost of revenue | $692.80M | $777.02M | $644.42M | $584.28M | — | -10.8% |
| Gross profit | $189.31M | $224.19M | $162.13M | $134.40M | — | -15.6% |
| Selling, general & admin | $159.45M | $132.12M | $105.46M | $90.51M | — | +20.7% |
| Total operating expense | $144.75M | $130.17M | $103.70M | $86.85M | — | +11.2% |
| Operating income | $44.56M | $94.03M | $58.43M | $47.55M | — | -52.6% |
| Net interest income | $797.00K | $3.90M | -$1.39M | -$1.52M | — | -79.6% |
| Pre-tax income | $43.07M | $132.44M | $77.46M | $56.37M | — | -67.5% |
| Tax provision | $7.30M | $13.78M | $16.66M | $3.74M | — | -47.0% |
| Net income | $35.88M | $118.60M | $60.65M | $52.60M | — | -69.7% |
| Net income to common | $35.88M | $118.60M | $60.65M | $52.60M | — | -69.7% |
| Basic EPS | — | 0.29 | 0.15 | 0.13 | 0.12 | — |
| Diluted EPS | — | 0.29 | 0.15 | 0.13 | 0.12 | — |
| EBIT | $51.94M | $137.48M | $81.24M | $59.82M | — | -62.2% |
| EBITDA | $88.60M | $160.67M | $101.75M | $74.67M | — | -44.9% |
| Basic shares | — | 405.04M | 405.04M | 405.04M | 405.04M | — |
| Diluted shares | — | 405.04M | 405.04M | 405.04M | 405.04M | — |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $526.94M | $327.46M | $170.21M | $143.22M | +60.9% |
| Cash & short-term investments | $539.59M | $369.44M | $270.80M | $349.78M | +46.1% |
| Accounts receivable | $130.15M | $163.71M | $151.19M | $120.66M | -20.5% |
| Inventory | $112.24M | $101.28M | $68.65M | $66.06M | +10.8% |
| Total current assets | $908.76M | $746.46M | $536.86M | $560.27M | +21.7% |
| Property, plant & equipment | $240.08M | $222.76M | $167.41M | $52.98M | +7.8% |
| Goodwill & intangibles | $32.97M | $33.96M | $41.64M | $41.49M | -2.9% |
| Total assets | $1.19B | $1.00B | $754.22M | $662.35M | +18.3% |
| Total current liabilities | $631.07M | $460.25M | $282.67M | $234.81M | +37.1% |
| Current debt | $474.45M | $270.92M | $90.00M | $135.00M | +75.1% |
| Long-term debt | — | $0 | $26.00M | $0 | — |
| Total debt | $489.00M | $290.64M | $117.12M | $135.20M | +68.2% |
| Total liabilities | $638.15M | $472.54M | $308.67M | $234.81M | +35.0% |
| Retained earnings | $395.82M | $362.60M | $251.14M | $197.74M | +9.2% |
| Shareholder equity | $547.76M | $529.95M | $444.76M | $426.91M | +3.4% |
| Working capital | $277.70M | $286.20M | $254.19M | $325.46M | -3.0% |
| Net tangible assets | $514.79M | $496.00M | $403.12M | $385.41M | +3.8% |
| Shares issued | 405.04M | 405.04M | 405.04M | 405.04M | 0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $43.07M | $132.44M | $77.46M | $56.37M | -67.5% |
| Depreciation & amortisation | $36.66M | $23.19M | $20.51M | $14.85M | +58.1% |
| Change in working capital | -$15.35M | -$108.08M | -$8.19M | $57.46M | +85.8% |
| Operating cash flow | $67.27M | $5.00M | $75.32M | $114.45M | +1,245.9% |
| Capital expenditure | -$60.42M | -$71.46M | -$84.98M | -$49.74M | +15.5% |
| Investing cash flow | -$28.79M | $40.42M | $30.76M | -$247.78M | -171.2% |
| Dividends paid | -$18.16M | -$33.25M | -$42.84M | — | +45.4% |
| Financing cash flow | $166.63M | $103.35M | -$70.30M | $48.67M | +61.2% |
| Free cash flow | $6.85M | -$66.46M | -$9.65M | $64.71M | +110.3% |
| End cash position | $526.94M | $327.46M | $170.21M | $127.89M | +60.9% |
Newly listed companies often have nothing on file until their first annual report.
| Line item | 2025-12-31 | 2024-12-31 | YoY |
|---|---|---|---|
| Cash & equivalents | $526.94M | $327.46M | +60.9% |
| Cash & short-term investments | $539.59M | $369.44M | +46.1% |
| Accounts receivable | $130.15M | $163.71M | -20.5% |
| Inventory | $112.24M | $101.28M | +10.8% |
| Total current assets | $908.76M | $746.46M | +21.7% |
| Property, plant & equipment | $240.08M | $222.76M | +7.8% |
| Goodwill & intangibles | $32.97M | $33.96M | -2.9% |
| Total assets | $1.19B | $1.00B | +18.3% |
| Total current liabilities | $631.07M | $460.25M | +37.1% |
| Current debt | $474.45M | $270.92M | +75.1% |
| Long-term debt | — | $0 | — |
| Total debt | $489.00M | $290.64M | +68.2% |
| Total liabilities | $638.15M | $472.54M | +35.0% |
| Retained earnings | $395.82M | $362.60M | +9.2% |
| Shareholder equity | $547.76M | $529.95M | +3.4% |
| Working capital | $277.70M | $286.20M | -3.0% |
| Net tangible assets | $514.79M | $496.00M | +3.8% |
| Shares issued | 405.04M | 405.04M | 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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