1938.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 | $2.35B | $2.94B | $2.65B | $2.36B | -20.0% |
| Operating revenue | $2.35B | $2.94B | $2.65B | $2.36B | -20.0% |
| Cost of revenue | $1.92B | $2.42B | $2.10B | $1.89B | -20.9% |
| Gross profit | $435.53M | $517.41M | $554.21M | $470.62M | -15.8% |
| Selling, general & admin | $305.27M | $325.24M | $335.56M | $300.89M | -6.1% |
| Total operating expense | $263.95M | $302.21M | $328.90M | $69.25M | -12.7% |
| Operating income | $171.58M | $215.20M | $225.31M | $401.37M | -20.3% |
| Net interest income | -$91.92M | -$110.05M | -$94.37M | -$40.90M | +16.5% |
| Pre-tax income | $95.08M | $166.51M | $39.08M | $162.47M | -42.9% |
| Tax provision | -$151.23M | -$46.16M | -$144.70M | -$569.00K | -227.6% |
| Net income | $246.31M | $212.67M | $183.78M | $163.03M | +15.8% |
| Net income to common | $246.31M | $212.67M | $183.78M | $163.03M | +15.8% |
| Basic EPS | 0.24 | 0.21 | 0.18 | 0.16 | +14.3% |
| Diluted EPS | 0.24 | 0.21 | 0.18 | 0.16 | +14.3% |
| EBIT | $188.66M | $276.73M | $133.63M | $207.11M | -31.8% |
| EBITDA | $272.40M | $357.75M | $175.16M | $282.97M | -23.9% |
| Basic shares | 1.01B | 1.01B | 1.01B | 1.01B | 0.0% |
| Diluted shares | 1.01B | 1.01B | 1.01B | 1.01B | 0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $21.45M | $53.32M | $32.19M | $16.13M | -59.8% |
| Cash & short-term investments | $21.45M | $53.32M | $32.19M | $16.13M | -59.8% |
| Accounts receivable | $470.87M | $352.92M | $288.47M | $378.86M | +33.4% |
| Inventory | $2.13B | $2.63B | $2.61B | $2.62B | -18.8% |
| Total current assets | $3.17B | $3.69B | $3.53B | $3.70B | -14.1% |
| Property, plant & equipment | $2.40B | $2.46B | $2.53B | $2.49B | -2.6% |
| Total assets | $5.92B | $6.51B | $6.42B | $6.55B | -9.0% |
| Total current liabilities | $3.46B | $4.11B | $4.37B | $3.63B | -15.9% |
| Current debt | $1.04B | $1.02B | $1.68B | $965.05M | +1.3% |
| Long-term debt | $677.86M | $841.14M | $153.28M | $810.20M | -19.4% |
| Total debt | $1.71B | $1.86B | $1.83B | $1.78B | -8.1% |
| Total liabilities | $4.43B | $5.27B | $5.35B | $5.62B | -16.0% |
| Retained earnings | $338.54M | -$674.87M | -$893.96M | -$1.08B | +150.2% |
| Shareholder equity | $1.50B | $1.24B | $1.08B | $930.94M | +20.7% |
| Working capital | -$292.40M | -$427.36M | -$845.74M | $76.83M | +31.6% |
| Net tangible assets | $1.50B | $1.24B | $1.08B | $930.94M | +20.7% |
| Shares issued | 1.01B | 1.01B | 1.01B | 1.01B | 0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $95.08M | $166.51M | $39.08M | $162.47M | -42.9% |
| Depreciation & amortisation | $83.74M | $81.02M | $41.54M | $75.86M | +3.4% |
| Change in working capital | $41.18M | -$25.77M | $257.77M | $73.77M | +259.8% |
| Operating cash flow | $154.12M | $205.87M | $431.07M | $154.07M | -25.1% |
| Capital expenditure | -$30.92M | -$62.33M | -$96.26M | -$13.31M | +50.4% |
| Investing cash flow | -$4.19M | -$55.82M | -$8.68M | $38.17M | +92.5% |
| Financing cash flow | -$197.65M | -$78.47M | -$366.03M | -$149.10M | -151.9% |
| Free cash flow | $123.20M | $143.54M | $334.81M | $140.76M | -14.2% |
| End cash position | $21.45M | $53.32M | $32.19M | $16.13M | -59.8% |
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 | $21.45M | $44.60M | $53.32M | -51.9% |
| Cash & short-term investments | $21.45M | $44.60M | $53.32M | -51.9% |
| Accounts receivable | $470.87M | $500.30M | $352.92M | -5.9% |
| Inventory | $2.13B | $2.08B | $2.63B | +2.3% |
| Total current assets | $3.17B | $3.49B | $3.69B | -9.2% |
| Property, plant & equipment | $2.40B | $2.39B | $2.46B | +0.4% |
| Total assets | $5.92B | $6.29B | $6.51B | -5.9% |
| Total current liabilities | $3.46B | $3.79B | $4.11B | -8.9% |
| Current debt | $1.04B | $952.87M | $1.02B | +8.8% |
| Long-term debt | $677.86M | $744.24M | $841.14M | -8.9% |
| Total debt | $1.71B | $1.70B | $1.86B | +1.0% |
| Total liabilities | $4.43B | $4.84B | $5.27B | -8.5% |
| Retained earnings | $338.54M | -$503.13M | -$674.87M | +167.3% |
| Shareholder equity | $1.50B | $1.45B | $1.24B | +3.0% |
| Working capital | -$292.40M | -$307.19M | -$427.36M | +4.8% |
| Net tangible assets | $1.50B | $1.45B | $1.24B | +3.0% |
| Shares issued | 1.01B | 1.01B | 1.01B | 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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