2197.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 | $3.50M | $38.42M | $39.26M | $0 | -90.9% |
| Operating revenue | $3.50M | $38.42M | $39.26M | $0 | -90.9% |
| Cost of revenue | $765.00K | $16.84M | $15.01M | $0 | -95.5% |
| Gross profit | $2.74M | $21.58M | $24.24M | $0 | -87.3% |
| Research & development | $182.34M | $183.39M | $649.88M | $1.47B | -0.6% |
| Selling, general & admin | $33.97M | $40.09M | $107.24M | $113.07M | -15.3% |
| Total operating expense | $219.81M | $263.50M | $896.33M | $1.86B | -16.6% |
| Operating income | -$217.07M | -$241.93M | -$872.09M | -$1.86B | +10.3% |
| Net interest income | $5.95M | $17.93M | -$2.60M | $2.58M | -66.8% |
| Pre-tax income | -$205.09M | -$903.43M | -$138.54M | -$2.45B | +77.3% |
| Tax provision | $0 | $0 | $0 | $0 | — |
| Net income | -$205.09M | -$903.43M | -$138.54M | -$2.45B | +77.3% |
| Net income to common | -$205.09M | -$903.43M | -$138.54M | -$2.45B | +77.3% |
| Basic EPS | -0.16 | -0.72 | -0.11 | -2.22 | +77.8% |
| Diluted EPS | -0.16 | -0.72 | -0.11 | -2.22 | +77.8% |
| EBIT | -$204.72M | -$897.67M | -$119.82M | -$2.45B | +77.2% |
| EBITDA | -$177.49M | -$857.35M | -$45.07M | -$2.39B | +79.3% |
| Basic shares | 1.26B | 1.25B | 1.24B | 1.10B | +0.5% |
| Diluted shares | 1.26B | 1.25B | 1.24B | 1.10B | +0.5% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $267.63M | $401.24M | $735.86M | $1.61B | -33.3% |
| Cash & short-term investments | $286.02M | $427.53M | $766.26M | $1.64B | -33.1% |
| Accounts receivable | $3.00K | $40.99M | $24.11M | $0 | -100.0% |
| Inventory | $9.86M | $11.03M | $696.98M | $2.38B | -10.6% |
| Total current assets | $335.83M | $663.21M | $1.90B | $4.39B | -49.4% |
| Property, plant & equipment | $94.47M | $116.18M | $162.06M | $241.74M | -18.7% |
| Goodwill & intangibles | $27.61M | $33.35M | $39.86M | $35.00M | -17.2% |
| Total assets | $457.92M | $812.74M | $2.10B | $4.69B | -43.7% |
| Total current liabilities | $1.75B | $1.91B | $2.28B | $2.83B | -8.2% |
| Current debt | $0 | $73.97M | $308.06M | $294.06M | -100.0% |
| Total debt | $10.61M | $89.64M | $334.45M | $354.37M | -88.2% |
| Total liabilities | $2.26B | $2.45B | $2.83B | $5.36B | -7.9% |
| Retained earnings | -$10.75B | -$10.54B | -$9.64B | -$9.50B | -1.9% |
| Shareholder equity | -$1.80B | -$1.64B | -$732.83M | -$668.14M | -9.8% |
| Working capital | -$1.41B | -$1.24B | -$377.48M | $1.56B | -13.7% |
| Net tangible assets | -$1.82B | -$1.67B | -$772.69M | -$703.13M | -9.3% |
| Shares issued | 1.30B | 1.30B | 1.30B | 1.29B | +0.1% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Net income | -$205.09M | -$903.43M | -$138.54M | -$2.45B | — | +77.3% |
| Depreciation & amortisation | $27.22M | $40.32M | $74.74M | $60.09M | — | -32.5% |
| Stock-based compensation | $6.69M | $16.28M | $53.52M | $95.02M | — | -58.9% |
| Change in working capital | -$11.84M | -$177.40M | -$2.49B | $56.63M | — | +93.3% |
| Operating cash flow | -$194.83M | -$288.49M | -$727.88M | -$1.69B | — | +32.5% |
| Capital expenditure | -$33.00K | -$1.63M | -$9.18M | -$105.56M | — | +98.0% |
| Investing cash flow | -$12.00K | $3.17M | -$6.16M | -$37.51M | — | -100.4% |
| Share buybacks | — | — | — | $0 | -$530.18M | — |
| Dividends paid | — | — | — | — | -$100.59M | — |
| Financing cash flow | $64.39M | -$51.50M | -$142.41M | $483.14M | — | +225.0% |
| Free cash flow | -$194.86M | -$290.11M | -$737.05M | -$1.80B | — | +32.8% |
| End cash position | $267.63M | $401.24M | $735.86M | $1.61B | — | -33.3% |
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 | $267.63M | $380.94M | $401.24M | -29.7% |
| Cash & short-term investments | $286.02M | $405.44M | $427.53M | -29.5% |
| Accounts receivable | $3.00K | $2.16M | $40.99M | -99.9% |
| Inventory | $9.86M | $11.76M | $11.03M | -16.1% |
| Total current assets | $335.83M | $459.79M | $663.21M | -27.0% |
| Property, plant & equipment | $94.47M | $103.99M | $116.18M | -9.1% |
| Goodwill & intangibles | $27.61M | $30.43M | $33.35M | -9.3% |
| Total assets | $457.92M | $594.21M | $812.74M | -22.9% |
| Total current liabilities | $1.75B | $1.76B | $1.91B | -0.7% |
| Current debt | $0 | $0 | $73.97M | — |
| Total debt | $10.61M | $13.05M | $89.64M | -18.7% |
| Total liabilities | $2.26B | $2.30B | $2.45B | -2.0% |
| Retained earnings | -$10.75B | -$10.64B | -$10.54B | -1.0% |
| Shareholder equity | -$1.80B | -$1.71B | -$1.64B | -5.3% |
| Working capital | -$1.41B | -$1.30B | -$1.24B | -8.5% |
| Net tangible assets | -$1.82B | -$1.74B | -$1.67B | -5.1% |
| Shares issued | 1.30B | 1.30B | 1.30B | +0.1% |
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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