1985.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 | $1.30B | $1.49B | $1.23B | $1.17B | — | -12.8% |
| Operating revenue | $1.30B | $1.49B | $1.23B | $1.17B | — | -12.8% |
| Cost of revenue | $1.13B | $1.30B | $1.09B | $1.05B | — | -13.4% |
| Gross profit | $172.44M | $188.26M | $144.96M | $121.57M | — | -8.4% |
| Research & development | $351.00K | $4.71M | $0 | — | — | -92.5% |
| Selling, general & admin | $138.57M | $162.03M | $102.99M | $90.29M | — | -14.5% |
| Total operating expense | $136.55M | $166.74M | $102.99M | $84.35M | — | -18.1% |
| Operating income | $35.88M | $21.52M | $41.97M | $37.22M | — | +66.8% |
| Net interest income | -$3.28M | -$2.60M | $3.13M | $912.00K | — | -26.3% |
| Pre-tax income | $36.84M | $18.11M | $43.76M | $38.73M | — | +103.5% |
| Tax provision | $6.64M | $9.95M | $7.53M | $5.56M | — | -33.3% |
| Net income | $30.20M | $8.16M | $36.23M | $33.18M | — | +270.3% |
| Net income to common | $30.20M | $8.16M | $36.23M | $33.18M | — | +270.3% |
| Basic EPS | — | 0.03 | 0.12 | 0.11 | 0.11 | — |
| Diluted EPS | — | 0.03 | 0.12 | 0.11 | 0.11 | — |
| EBIT | $42.68M | $24.73M | $44.50M | $39.35M | — | +72.6% |
| EBITDA | $57.59M | $39.15M | $57.59M | $53.25M | — | +47.1% |
| Basic shares | — | 270.75M | 295.50M | 300.00M | 300.00M | — |
| Diluted shares | 300.00M | 270.75M | 295.50M | 300.00M | — | +10.8% |
| Line item | 2026 | 2025 | 2024 | 2023 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $68.06M | $160.92M | $159.80M | $248.27M | -57.7% |
| Cash & short-term investments | $87.32M | $170.40M | $165.19M | $253.43M | -48.8% |
| Accounts receivable | $187.86M | $189.34M | $159.30M | $117.62M | -0.8% |
| Inventory | $86.60M | $80.23M | $111.48M | $58.22M | +7.9% |
| Total current assets | $566.32M | $630.06M | $503.25M | $497.75M | -10.1% |
| Property, plant & equipment | $14.39M | $25.40M | $11.49M | $16.95M | -43.3% |
| Goodwill & intangibles | $9.43M | $619.00K | $0 | — | +1,423.6% |
| Total assets | $646.45M | $727.33M | $516.94M | $516.83M | -11.1% |
| Total current liabilities | $397.70M | $481.14M | $331.71M | $297.88M | -17.3% |
| Current debt | $85.32M | $22.51M | $11.00M | $0 | +279.1% |
| Long-term debt | $12.48M | $0 | — | — | — |
| Total debt | $118.75M | $70.06M | $20.57M | $12.61M | +69.5% |
| Total liabilities | $419.67M | $504.72M | $335.63M | $304.36M | -16.9% |
| Retained earnings | $106.40M | $76.19M | $63.04M | $64.31M | +39.6% |
| Shareholder equity | $226.78M | $222.62M | $181.31M | $212.47M | +1.9% |
| Working capital | $168.62M | $148.92M | $171.54M | $199.88M | +13.2% |
| Net tangible assets | $217.35M | $222.00M | $181.31M | $212.47M | -2.1% |
| Shares issued | 300.00M | 300.00M | 300.00M | 300.00M | 0.0% |
| Line item | 2026 | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|---|
| Net income | $36.84M | $18.11M | $43.76M | $38.73M | — | +103.5% |
| Depreciation & amortisation | $14.91M | $14.43M | $13.09M | $13.89M | — | +3.3% |
| Stock-based compensation | $5.71M | $38.40M | $0 | — | — | -85.1% |
| Change in working capital | -$24.77M | $122.88M | -$72.28M | $30.97M | — | -120.2% |
| Operating cash flow | $15.87M | $188.91M | -$24.62M | $75.68M | — | -91.6% |
| Capital expenditure | -$9.99M | -$7.59M | -$234.00K | -$2.29M | — | -31.7% |
| Investing cash flow | -$14.37M | -$60.99M | $4.26M | -$7.50M | — | +76.4% |
| Share buybacks | $0 | -$3.51M | -$29.89M | $0 | — | +100.0% |
| Dividends paid | -$30.00M | — | -$37.50M | -$31.50M | -$42.00M | — |
| Financing cash flow | -$94.37M | -$126.80M | -$68.10M | -$52.06M | — | +25.6% |
| Free cash flow | $5.88M | $181.32M | -$24.86M | $73.39M | — | -96.8% |
| End cash position | $68.06M | $160.92M | $159.80M | $248.27M | — | -57.7% |
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 | $68.06M | $66.03M | $160.92M | +3.1% |
| Cash & short-term investments | $87.32M | $70.60M | $170.40M | +23.7% |
| Accounts receivable | $187.86M | $163.06M | $189.34M | +15.2% |
| Inventory | $86.60M | $96.45M | $80.23M | -10.2% |
| Total current assets | $566.32M | $472.19M | $630.06M | +19.9% |
| Property, plant & equipment | $14.39M | $24.21M | $25.40M | -40.5% |
| Goodwill & intangibles | $9.43M | $619.00K | $619.00K | +1,423.6% |
| Total assets | $646.45M | $576.39M | $727.33M | +12.2% |
| Total current liabilities | $397.70M | $366.29M | $481.14M | +8.6% |
| Current debt | $85.32M | $76.95M | $22.51M | +10.9% |
| Long-term debt | $12.48M | — | $0 | — |
| Total debt | $118.75M | $115.49M | $70.06M | +2.8% |
| Total liabilities | $419.67M | $385.30M | $504.72M | +8.9% |
| Retained earnings | $106.40M | $78.62M | $76.19M | +35.3% |
| Shareholder equity | $226.78M | $191.09M | $222.62M | +18.7% |
| Working capital | $168.62M | $105.89M | $148.92M | +59.2% |
| Net tangible assets | $217.35M | $190.47M | $222.00M | +14.1% |
| Shares issued | 300.00M | 300.00M | 300.00M | 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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