1939.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 | 2026 | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $107.44M | $62.05M | $57.85M | $72.76M | — | +73.2% |
| Operating revenue | $107.44M | $62.05M | $57.85M | $72.76M | — | +73.2% |
| Cost of revenue | $64.42M | $13.57M | $11.07M | $19.44M | — | +374.8% |
| Gross profit | $43.02M | $48.48M | $46.78M | $53.32M | — | -11.3% |
| Selling, general & admin | $61.78M | $63.48M | $67.30M | $59.19M | — | -2.7% |
| Total operating expense | $60.63M | $64.71M | $72.70M | $61.57M | — | -6.3% |
| Operating income | -$17.61M | -$16.22M | -$25.92M | -$8.25M | — | -8.6% |
| Net interest income | -$473.00K | -$1.06M | -$819.00K | -$861.00K | — | +55.5% |
| Pre-tax income | -$21.00M | -$20.36M | -$26.39M | -$8.48M | — | -3.1% |
| Tax provision | $716.00K | -$868.00K | $537.00K | -$197.00K | — | +182.5% |
| Net income | -$21.77M | -$19.46M | -$26.89M | -$8.29M | — | -11.8% |
| Net income to common | -$21.77M | -$19.46M | -$26.89M | -$8.29M | — | -11.8% |
| Basic EPS | — | -0.04 | -0.05 | -0.02 | 0.02 | — |
| Diluted EPS | — | -0.04 | -0.05 | -0.02 | 0.02 | — |
| EBIT | -$20.37M | -$18.60M | -$25.34M | -$7.44M | — | -9.5% |
| EBITDA | -$14.13M | -$11.68M | -$18.60M | $331.00K | — | -20.9% |
| Basic shares | — | 500.00M | 500.00M | 500.00M | 500.00M | — |
| Diluted shares | — | 500.00M | 500.00M | 500.00M | 500.00M | — |
| Line item | 2026 | 2025 | 2024 | 2023 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $96.26M | $76.46M | $48.74M | $67.28M | +25.9% |
| Cash & short-term investments | $96.26M | $84.42M | $51.24M | $67.28M | +14.0% |
| Accounts receivable | $101.75M | $76.61M | $91.25M | $125.53M | +32.8% |
| Inventory | $132.45M | $132.35M | $128.59M | $129.25M | +0.1% |
| Total current assets | $436.74M | $381.39M | $368.14M | $444.77M | +14.5% |
| Property, plant & equipment | $8.91M | $8.25M | $18.32M | $9.35M | +8.0% |
| Goodwill & intangibles | $468.00K | $1.25M | $2.25M | $3.79M | -62.5% |
| Total assets | $449.77M | $394.96M | $396.64M | $466.00M | +13.9% |
| Total current liabilities | $139.97M | $141.84M | $121.02M | $168.46M | -1.3% |
| Current debt | $12.80M | $14.52M | $14.60M | $18.60M | -11.9% |
| Long-term debt | $14.97M | $22.81M | $27.00M | $30.73M | -34.3% |
| Total debt | $34.72M | $43.80M | $52.25M | $53.44M | -20.7% |
| Total liabilities | $159.59M | $170.38M | $157.69M | $202.91M | -6.3% |
| Shareholder equity | $287.02M | $221.30M | $235.64M | $259.32M | +29.7% |
| Working capital | $296.77M | $239.55M | $247.12M | $276.32M | +23.9% |
| Net tangible assets | $286.55M | $220.05M | $233.39M | $255.53M | +30.2% |
| Shares issued | 511.88M | 500.00M | 500.00M | 500.00M | +2.4% |
| Line item | 2026 | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|---|
| Net income | -$21.00M | -$20.36M | -$26.39M | -$8.48M | — | -3.1% |
| Depreciation & amortisation | $6.24M | $6.92M | $6.75M | $7.77M | — | -9.7% |
| Stock-based compensation | $2.74M | $5.35M | -$9.37M | $0 | — | -48.7% |
| Change in working capital | -$48.24M | $40.00M | $16.18M | -$15.68M | — | -220.6% |
| Operating cash flow | -$53.97M | $37.16M | -$6.16M | -$16.52M | — | -245.2% |
| Capital expenditure | -$427.00K | -$110.00K | -$4.77M | -$725.00K | — | -288.2% |
| Investing cash flow | $1.73M | $590.00K | -$4.55M | -$549.00K | — | +193.2% |
| Dividends paid | — | — | — | -$5.00M | -$5.00M | — |
| Financing cash flow | $76.59M | -$9.56M | -$6.88M | -$18.65M | — | +901.1% |
| Free cash flow | -$54.39M | $37.05M | -$10.93M | -$17.25M | — | -246.8% |
| End cash position | $96.26M | $76.46M | $48.74M | $67.28M | — | +25.9% |
Newly listed companies often have nothing on file until their first annual report.
| Line item | 2026-03-31 | 2025-09-30 | 2025-03-31 | YoY |
|---|---|---|---|---|
| Cash & equivalents | $96.26M | $66.62M | $76.46M | +44.5% |
| Cash & short-term investments | $96.26M | $74.58M | $84.42M | +29.1% |
| Accounts receivable | $101.75M | $152.53M | $76.61M | -33.3% |
| Inventory | $132.45M | $137.16M | $132.35M | -3.4% |
| Total current assets | $436.74M | $441.94M | $381.39M | -1.2% |
| Property, plant & equipment | $8.91M | $6.59M | $8.25M | +35.3% |
| Goodwill & intangibles | $468.00K | $771.00K | $1.25M | -39.3% |
| Total assets | $449.77M | $453.61M | $394.96M | -0.8% |
| Total current liabilities | $139.97M | $200.53M | $141.84M | -30.2% |
| Current debt | $12.80M | $13.94M | $14.52M | -8.2% |
| Long-term debt | $14.97M | $20.70M | $22.81M | -27.7% |
| Total debt | $34.72M | $39.54M | $43.80M | -12.2% |
| Total liabilities | $159.59M | $227.02M | $170.38M | -29.7% |
| Retained earnings | — | $119.24M | — | — |
| Shareholder equity | $287.02M | $223.01M | $221.30M | +28.7% |
| Working capital | $296.77M | $241.41M | $239.55M | +22.9% |
| Net tangible assets | $286.55M | $222.24M | $220.05M | +28.9% |
| Shares issued | 511.88M | 500.00M | 500.00M | +2.4% |
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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