2400.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 | $5.76B | $5.01B | $3.39B | $3.43B | +15.0% |
| Operating revenue | $5.76B | $5.01B | $3.39B | $3.43B | +15.0% |
| Cost of revenue | $1.51B | $1.53B | $1.32B | $1.60B | -1.6% |
| Gross profit | $4.25B | $3.48B | $2.07B | $1.84B | +22.3% |
| Research & development | $981.40M | $919.45M | $1.02B | $1.28B | +6.7% |
| Selling, general & admin | $1.65B | $1.66B | $1.09B | $1.16B | -0.9% |
| Total operating expense | $2.58B | $2.56B | $2.06B | $2.40B | +1.1% |
| Operating income | $1.67B | $923.49M | $9.55M | -$564.93M | +81.1% |
| Net interest income | $40.52M | $14.13M | -$27.62M | -$19.30M | +186.7% |
| Pre-tax income | $1.72B | $935.38M | -$30.10M | -$559.83M | +83.8% |
| Tax provision | $62.41M | $44.89M | $35.26M | $14.18M | +39.0% |
| Net income | $1.54B | $811.53M | -$83.04M | -$553.50M | +89.2% |
| Net income to common | $1.54B | $811.53M | -$83.04M | -$553.50M | +89.2% |
| Basic EPS | 3.19 | 1.71 | -0.18 | -1.17 | +86.5% |
| Diluted EPS | 3.07 | 1.69 | -0.18 | -1.17 | +81.7% |
| EBIT | $1.73B | $954.11M | $84.08M | -$504.14M | +80.9% |
| EBITDA | $1.80B | $1.06B | $228.75M | -$324.19M | +70.9% |
| Basic shares | 480.87M | 474.25M | 461.33M | 471.99M | +1.4% |
| Diluted shares | 499.77M | 480.23M | 461.33M | 471.99M | +4.1% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $3.69B | $2.78B | $3.21B | $3.10B | — | +32.7% |
| Cash & short-term investments | $3.77B | $2.91B | $3.35B | $3.59B | — | +29.6% |
| Accounts receivable | $411.20M | $333.41M | $286.81M | $249.44M | — | +23.3% |
| Total current assets | $4.31B | $3.35B | $3.71B | $3.89B | — | +28.9% |
| Property, plant & equipment | $124.53M | $168.78M | $236.37M | $367.47M | — | -26.2% |
| Goodwill & intangibles | $522.78M | $241.12M | $256.94M | $295.31M | — | +116.8% |
| Total assets | $5.22B | $3.92B | $4.41B | $4.80B | — | +33.0% |
| Total current liabilities | $1.09B | $1.08B | $2.38B | $870.51M | — | +0.5% |
| Current debt | — | $0 | $1.55B | $23.53M | $22.00M | — |
| Long-term debt | — | — | $0 | $1.81B | $1.66B | — |
| Total debt | $122.38M | $159.17M | $1.76B | $2.10B | — | -23.1% |
| Total liabilities | $1.17B | $1.21B | $2.54B | $2.89B | — | -2.9% |
| Retained earnings | $1.38B | $43.60M | -$836.52M | -$770.54M | — | +3,064.6% |
| Shareholder equity | $3.81B | $2.51B | $1.71B | $1.89B | — | +51.6% |
| Working capital | $3.23B | $2.27B | $1.33B | $3.02B | — | +42.4% |
| Net tangible assets | $3.29B | $2.27B | $1.45B | $1.59B | — | +44.7% |
| Shares issued | 494.89M | 491.05M | 480.45M | 480.43M | — | +0.8% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $1.72B | $935.38M | -$30.10M | -$559.83M | +83.8% |
| Depreciation & amortisation | $77.82M | $101.22M | $144.67M | $179.95M | -23.1% |
| Stock-based compensation | $92.48M | $59.23M | $51.36M | $74.66M | +56.1% |
| Change in working capital | -$134.61M | $152.10M | -$68.22M | -$54.72M | -188.5% |
| Operating cash flow | $1.71B | $1.28B | $235.45M | -$327.88M | +33.8% |
| Capital expenditure | -$322.03M | -$27.60M | -$16.46M | -$91.10M | -1,066.6% |
| Investing cash flow | -$359.69M | $17.42M | $343.86M | $230.61M | -2,164.9% |
| Share buybacks | -$105.12M | -$48.55M | $0 | — | -116.5% |
| Dividends paid | -$179.35M | — | — | — | — |
| Financing cash flow | -$396.08M | -$1.74B | -$500.70M | -$148.15M | +77.3% |
| Free cash flow | $1.39B | $1.25B | $218.99M | -$418.98M | +11.0% |
| End cash position | $3.69B | $2.78B | $3.21B | $3.10B | +32.7% |
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 | $3.69B | $2.97B | $2.78B | +24.2% |
| Cash & short-term investments | $3.77B | $3.18B | $2.91B | +18.5% |
| Accounts receivable | $411.20M | $743.56M | $333.41M | -44.7% |
| Total current assets | $4.31B | $4.01B | $3.35B | +7.5% |
| Property, plant & equipment | $124.53M | $136.82M | $168.78M | -9.0% |
| Goodwill & intangibles | $522.78M | $222.28M | $241.12M | +135.2% |
| Total assets | $5.22B | $4.51B | $3.92B | +15.7% |
| Total current liabilities | $1.09B | $1.20B | $1.08B | -9.4% |
| Current debt | — | — | $0 | — |
| Total debt | $122.38M | $133.41M | $159.17M | -8.3% |
| Total liabilities | $1.17B | $1.30B | $1.21B | -10.0% |
| Retained earnings | $1.38B | $616.81M | $43.60M | +123.7% |
| Shareholder equity | $3.81B | $2.99B | $2.51B | +27.5% |
| Working capital | $3.23B | $2.81B | $2.27B | +14.8% |
| Net tangible assets | $3.29B | $2.77B | $2.27B | +18.8% |
| Shares issued | 494.89M | 493.04M | 491.05M | +0.4% |
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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