2511.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 | $0 | $0 | $0 | $0 | — |
| Operating revenue | $0 | $0 | $0 | $0 | — |
| Research & development | $164.47M | $363.52M | $311.57M | $182.65M | -54.8% |
| Selling, general & admin | $59.10M | $81.23M | $136.67M | $43.43M | -27.2% |
| Total operating expense | $215.06M | $406.40M | $438.34M | $218.07M | -47.1% |
| Operating income | -$215.06M | -$406.40M | -$438.34M | -$218.07M | +47.1% |
| Net interest income | $6.64M | $16.22M | $23.70M | $10.94M | -59.1% |
| Pre-tax income | -$231.88M | -$381.52M | -$939.23M | -$190.21M | +39.2% |
| Tax provision | $219.00K | $269.00K | $76.00K | $32.00K | -18.6% |
| Net income | -$232.10M | -$381.79M | -$939.31M | -$190.24M | +39.2% |
| Net income to common | -$232.10M | -$381.79M | -$939.31M | -$190.24M | +39.2% |
| Basic EPS | -0.51 | -0.84 | -3.62 | -0.75 | +39.3% |
| Diluted EPS | -0.51 | -0.84 | -3.62 | -0.75 | +39.3% |
| EBIT | -$229.52M | -$379.99M | -$938.83M | -$189.78M | +39.6% |
| EBITDA | -$223.26M | -$374.09M | -$937.00M | -$188.50M | +40.3% |
| Basic shares | 479.74M | 452.08M | 259.69M | 254.83M | +6.1% |
| Diluted shares | 479.74M | 452.08M | 259.69M | 254.83M | +6.1% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $232.39M | $310.75M | $608.21M | $412.34M | -25.2% |
| Cash & short-term investments | $502.72M | $490.52M | $735.70M | $840.20M | +2.5% |
| Total current assets | $532.19M | $513.37M | $778.75M | $851.02M | +3.7% |
| Property, plant & equipment | $17.57M | $23.89M | $14.98M | $4.81M | -26.4% |
| Total assets | $551.34M | $559.93M | $795.04M | $855.82M | -1.5% |
| Total current liabilities | $98.29M | $109.95M | $79.81M | $1.32B | -10.6% |
| Current debt | $32.50M | $46.93M | $3.50M | $8.15M | -30.8% |
| Long-term debt | $77.50M | $9.96M | $0 | — | +678.5% |
| Total debt | $126.87M | $77.91M | $16.43M | $10.77M | +62.8% |
| Total liabilities | $186.67M | $135.76M | $92.26M | $1.33B | +37.5% |
| Retained earnings | -$2.32B | -$2.08B | -$1.70B | -$757.00M | -11.8% |
| Shareholder equity | $307.01M | $424.17M | $702.77M | -$470.53M | -27.6% |
| Working capital | $433.90M | $403.43M | $698.94M | -$468.70M | +7.6% |
| Net tangible assets | $307.01M | $424.17M | $702.77M | -$470.53M | -27.6% |
| Shares issued | 571.33M | 514.77M | 514.77M | 514.77M | +11.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | -$231.88M | -$381.52M | -$939.23M | -$190.21M | +39.2% |
| Depreciation & amortisation | $6.26M | $5.90M | $1.83M | $1.27M | +6.1% |
| Stock-based compensation | $27.09M | $96.93M | $93.49M | $25.62M | -72.0% |
| Change in working capital | $9.77M | $3.94M | -$11.48M | $24.79M | +148.1% |
| Operating cash flow | -$166.91M | -$298.47M | -$356.62M | -$172.38M | +44.1% |
| Capital expenditure | -$74.00K | -$4.29M | -$801.00K | -$183.00K | +98.3% |
| Investing cash flow | -$102.90M | -$54.66M | $315.36M | -$415.66M | -88.3% |
| Share buybacks | — | — | $0 | -$501.00K | — |
| Financing cash flow | $199.72M | $49.00M | $361.10M | $46.03M | +307.6% |
| Free cash flow | -$166.98M | -$302.75M | -$357.42M | -$172.56M | +44.8% |
| End cash position | $232.39M | $310.75M | $608.21M | $273.05M | -25.2% |
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 | $232.39M | $215.51M | $310.75M | +7.8% |
| Cash & short-term investments | $502.72M | $467.01M | $490.52M | +7.6% |
| Total current assets | $532.19M | $506.22M | $513.37M | +5.1% |
| Property, plant & equipment | $17.57M | $20.68M | $23.89M | -15.0% |
| Total assets | $551.34M | $528.48M | $559.93M | +4.3% |
| Total current liabilities | $98.29M | $147.34M | $109.95M | -33.3% |
| Current debt | $32.50M | $80.34M | $46.93M | -59.5% |
| Long-term debt | $77.50M | $0 | $9.96M | — |
| Total debt | $126.87M | $99.47M | $77.91M | +27.5% |
| Total liabilities | $186.67M | $160.66M | $135.76M | +16.2% |
| Retained earnings | -$2.32B | -$2.20B | -$2.08B | -5.7% |
| Shareholder equity | $307.01M | $315.51M | $424.17M | -2.7% |
| Working capital | $433.90M | $358.88M | $403.43M | +20.9% |
| Net tangible assets | $307.01M | $315.51M | $424.17M | -2.7% |
| Shares issued | 571.33M | 514.77M | 514.77M | +11.0% |
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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