2325.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 | $601.39M | $711.88M | $891.50M | $3.76B | — | -15.5% |
| Operating revenue | $601.39M | $711.88M | $891.50M | $3.76B | — | -15.5% |
| Cost of revenue | $418.57M | $500.81M | $565.71M | $2.45B | — | -16.4% |
| Gross profit | $182.82M | $211.07M | $325.79M | $1.31B | — | -13.4% |
| Selling, general & admin | $304.66M | $445.04M | $342.49M | $698.68M | — | -31.5% |
| Total operating expense | $304.27M | $444.03M | $333.69M | $678.87M | — | -31.5% |
| Operating income | -$121.46M | -$232.96M | -$7.91M | $628.86M | — | +47.9% |
| Net interest income | -$25.97M | -$39.12M | -$34.23M | -$15.13M | — | +33.6% |
| Pre-tax income | $6.97M | -$791.19M | -$86.81M | $443.42M | — | +100.9% |
| Tax provision | $3.08M | $1.96M | $15.08M | $69.47M | — | +56.9% |
| Net income | $2.92M | -$791.68M | -$102.26M | $377.31M | — | +100.4% |
| Net income to common | $2.92M | -$791.68M | -$102.26M | $377.31M | — | +100.4% |
| Basic EPS | — | -1.33 | -0.17 | 0.66 | 0.62 | — |
| Diluted EPS | — | -1.33 | -0.17 | 0.66 | 0.62 | — |
| EBIT | $41.85M | -$741.91M | -$43.25M | $463.27M | — | +105.6% |
| EBITDA | $85.10M | -$668.52M | $25.07M | $619.32M | — | +112.7% |
| Basic shares | — | 595.86M | 611.14M | 574.79M | 613.19M | — |
| Diluted shares | — | 595.86M | 611.14M | 574.79M | 613.19M | — |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $1.52B | $1.32B | $1.24B | $787.74M | +15.2% |
| Cash & short-term investments | $1.70B | $1.73B | $1.87B | $1.43B | -1.7% |
| Accounts receivable | $346.50M | $624.47M | $1.51B | $2.43B | -44.5% |
| Inventory | $13.93M | $16.07M | $18.02M | $41.32M | -13.3% |
| Total current assets | $2.22B | $2.66B | $3.84B | $4.17B | -16.6% |
| Property, plant & equipment | $131.20M | $176.33M | $254.63M | $281.88M | -25.6% |
| Goodwill & intangibles | $143.92M | $143.10M | $148.25M | $152.77M | +0.6% |
| Total assets | $2.73B | $3.23B | $4.53B | $4.91B | -15.3% |
| Total current liabilities | $1.39B | $1.92B | $2.19B | $1.98B | -27.3% |
| Current debt | $511.34M | $902.58M | $1.15B | $363.67M | -43.3% |
| Long-term debt | $172.31M | $151.34M | $193.59M | $328.12M | +13.9% |
| Total debt | $692.31M | $1.07B | $1.39B | $786.12M | -35.5% |
| Total liabilities | $1.57B | $2.08B | $2.41B | $2.37B | -24.4% |
| Retained earnings | -$39.09M | -$42.01M | $749.67M | $852.50M | +7.0% |
| Shareholder equity | $1.16B | $1.14B | $2.11B | $2.53B | +1.0% |
| Working capital | $824.13M | $743.02M | $1.65B | $2.19B | +10.9% |
| Net tangible assets | $1.01B | $1.00B | $1.96B | $2.38B | +1.1% |
| Shares issued | 621.25M | 621.25M | 621.25M | 621.25M | 0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $6.97M | -$791.19M | -$86.81M | $443.42M | +100.9% |
| Depreciation & amortisation | $43.25M | $73.39M | $68.32M | $156.05M | -41.1% |
| Stock-based compensation | $2.14M | $23.59M | $0 | — | -90.9% |
| Change in working capital | $344.57M | $354.90M | $301.54M | -$892.78M | -2.9% |
| Operating cash flow | $301.61M | $258.84M | $333.84M | $137.37M | +16.5% |
| Capital expenditure | -$55.38M | -$30.46M | -$62.21M | -$317.64M | -81.8% |
| Investing cash flow | $313.56M | $354.02M | -$153.94M | -$1.25B | -11.4% |
| Share buybacks | $0 | -$173.72M | -$188.52M | $0 | +100.0% |
| Dividends paid | — | -$10.96M | -$121.93M | -$48.13M | — |
| Financing cash flow | -$414.36M | -$535.63M | $276.48M | $1.10B | +22.6% |
| Free cash flow | $246.23M | $228.38M | $271.63M | -$180.27M | +7.8% |
| End cash position | $1.52B | $1.32B | $1.24B | $787.74M | +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 | $1.52B | $1.19B | $1.32B | +28.3% |
| Cash & short-term investments | $1.70B | $1.69B | $1.73B | +0.8% |
| Accounts receivable | $346.50M | $588.43M | $624.47M | -41.1% |
| Inventory | $13.93M | $16.73M | $16.07M | -16.7% |
| Total current assets | $2.22B | $2.49B | $2.66B | -11.0% |
| Property, plant & equipment | $131.20M | $312.30M | $176.33M | -58.0% |
| Goodwill & intangibles | $143.92M | $2.73M | $143.10M | +5,173.8% |
| Total assets | $2.73B | $3.06B | $3.23B | -10.6% |
| Total current liabilities | $1.39B | $1.71B | $1.92B | -18.7% |
| Current debt | $511.34M | $762.62M | $902.58M | -33.0% |
| Long-term debt | $172.31M | $240.94M | $151.34M | -28.5% |
| Total debt | $692.31M | $1.02B | $1.07B | -31.9% |
| Total liabilities | $1.57B | $1.96B | $2.08B | -19.7% |
| Retained earnings | -$39.09M | -$97.35M | -$42.01M | +59.8% |
| Shareholder equity | $1.16B | $1.10B | $1.14B | +5.4% |
| Working capital | $824.13M | $777.55M | $743.02M | +6.0% |
| Net tangible assets | $1.01B | $1.09B | $1.00B | -7.5% |
| Shares issued | 621.25M | 621.25M | 621.25M | 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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