1932.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 | $241.09M | $321.35M | $469.09M | $643.05M | — | -25.0% |
| Operating revenue | $241.09M | $321.35M | $469.09M | $643.05M | — | -25.0% |
| Cost of revenue | $140.51M | $192.03M | $311.55M | $500.52M | — | -26.8% |
| Gross profit | $100.58M | $129.32M | $157.54M | $142.53M | — | -22.2% |
| Selling, general & admin | $128.73M | $130.37M | $153.42M | $214.41M | — | -1.3% |
| Total operating expense | $115.86M | $152.52M | $148.51M | $180.09M | — | -24.0% |
| Operating income | -$15.28M | -$23.20M | $9.03M | -$37.56M | — | +34.1% |
| Net interest income | -$6.11M | -$9.04M | -$11.31M | -$5.66M | — | +32.5% |
| Pre-tax income | -$46.63M | -$49.59M | -$69.46M | -$98.46M | — | +6.0% |
| Tax provision | -$579.00K | -$1.60M | -$2.48M | $15.00K | — | +63.8% |
| Net income | -$45.98M | -$47.91M | -$67.11M | -$98.08M | — | +4.0% |
| Net income to common | -$45.98M | -$47.91M | -$67.11M | -$98.08M | — | +4.0% |
| Basic EPS | — | -0.05 | -0.07 | -0.10 | -0.06 | — |
| Diluted EPS | — | -0.05 | -0.07 | -0.10 | -0.06 | — |
| EBIT | -$39.40M | -$38.41M | -$56.22M | -$91.02M | — | -2.6% |
| EBITDA | -$23.41M | -$20.94M | -$32.99M | -$58.15M | — | -11.8% |
| Basic shares | — | 1.00B | 1.00B | 1.00B | 1.00B | — |
| Diluted shares | — | 1.00B | 1.00B | 1.00B | 1.00B | — |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $143.60M | $169.25M | $144.94M | $147.52M | -15.2% |
| Cash & short-term investments | $143.60M | $169.25M | $144.94M | $147.52M | -15.2% |
| Accounts receivable | $62.80M | $101.70M | $155.43M | $305.34M | -38.3% |
| Inventory | $17.33M | $18.66M | $27.35M | $43.12M | -7.1% |
| Total current assets | $280.95M | $365.31M | $496.43M | $660.20M | -23.1% |
| Property, plant & equipment | $114.92M | $124.31M | $148.78M | $236.67M | -7.6% |
| Total assets | $706.67M | $804.00M | $972.86M | $1.15B | -12.1% |
| Total current liabilities | $169.55M | $270.26M | $381.47M | $587.95M | -37.3% |
| Current debt | $27.27M | $88.08M | $120.75M | $237.26M | -69.0% |
| Long-term debt | $137.38M | $107.90M | $95.97M | $0 | +27.3% |
| Total debt | $167.93M | $202.09M | $222.99M | $246.00M | -16.9% |
| Total liabilities | $349.52M | $422.93M | $524.22M | $631.89M | -17.4% |
| Retained earnings | $9.70M | $56.81M | $103.99M | $171.10M | -82.9% |
| Shareholder equity | $353.06M | $377.09M | $444.46M | $518.07M | -6.4% |
| Working capital | $111.41M | $95.05M | $114.96M | $72.25M | +17.2% |
| Net tangible assets | $353.06M | $377.09M | $444.46M | $518.07M | -6.4% |
| Shares issued | 1.00B | 1.00B | 1.00B | 1.00B | 0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Net income | -$46.63M | -$49.59M | -$69.46M | -$98.46M | — | +6.0% |
| Depreciation & amortisation | $15.99M | $17.47M | $23.22M | $32.88M | — | -8.5% |
| Stock-based compensation | $100.00K | $425.00K | $1.68M | $5.61M | — | -76.5% |
| Change in working capital | $24.05M | -$26.36M | $73.84M | -$553.00K | — | +191.2% |
| Operating cash flow | -$1.31M | -$25.49M | $83.64M | -$37.13M | — | +94.8% |
| Capital expenditure | -$1.62M | -$735.00K | -$3.99M | -$21.74M | — | -120.7% |
| Investing cash flow | $8.88M | $76.28M | -$59.79M | -$18.50M | — | -88.4% |
| Dividends paid | — | — | — | — | -$10.00M | — |
| Financing cash flow | -$39.90M | -$21.09M | -$24.66M | $18.05M | — | -89.2% |
| Free cash flow | -$2.94M | -$26.23M | $79.65M | -$58.87M | — | +88.8% |
| End cash position | $143.60M | $169.25M | $143.79M | $147.52M | — | -15.2% |
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 | $143.60M | $115.35M | $169.25M | +24.5% |
| Cash & short-term investments | $143.60M | $115.35M | $169.25M | +24.5% |
| Accounts receivable | $62.80M | $76.05M | $101.70M | -17.4% |
| Inventory | $17.33M | $20.34M | $18.66M | -14.8% |
| Total current assets | $280.95M | $283.16M | $365.31M | -0.8% |
| Property, plant & equipment | $114.92M | $120.68M | $124.31M | -4.8% |
| Total assets | $706.67M | $716.97M | $804.00M | -1.4% |
| Total current liabilities | $169.55M | $223.79M | $270.26M | -24.2% |
| Current debt | $27.27M | $77.85M | $88.08M | -65.0% |
| Long-term debt | $137.38M | $82.40M | $107.90M | +66.7% |
| Total debt | $167.93M | $165.18M | $202.09M | +1.7% |
| Total liabilities | $349.52M | $350.10M | $422.93M | -0.2% |
| Retained earnings | $9.70M | $28.50M | $56.81M | -66.0% |
| Shareholder equity | $353.06M | $362.81M | $377.09M | -2.7% |
| Working capital | $111.41M | $59.37M | $95.05M | +87.6% |
| Net tangible assets | $353.06M | $362.81M | $377.09M | -2.7% |
| Shares issued | 1.00B | 1.00B | 1.00B | 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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