6978.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 | $132.82M | $154.24M | $177.33M | $176.22M | -13.9% |
| Selling, general & admin | $41.04M | $44.54M | $53.22M | $97.71M | -7.9% |
| Total operating expense | $155.80M | $169.41M | $224.33M | $268.83M | -8.0% |
| Operating income | -$155.80M | -$169.41M | -$224.33M | -$268.83M | +8.0% |
| Net interest income | -$6.28M | -$6.42M | -$5.51M | -$2.93M | +2.3% |
| Pre-tax income | -$230.91M | -$186.42M | -$335.48M | -$321.10M | -23.9% |
| Tax provision | $0 | $926.00K | $0 | $0 | -100.0% |
| Net income | -$230.78M | -$186.91M | -$334.82M | -$318.11M | -23.5% |
| Net income to common | -$230.78M | -$186.91M | -$334.82M | -$318.11M | -23.5% |
| Basic EPS | -0.42 | -0.33 | -0.60 | -0.57 | -26.9% |
| Diluted EPS | -0.42 | -0.33 | -0.60 | -0.57 | -26.9% |
| EBIT | -$224.10M | -$178.92M | -$326.96M | -$314.96M | -25.2% |
| EBITDA | -$168.80M | -$118.05M | -$273.56M | -$270.89M | -43.0% |
| Basic shares | 549.00M | 559.68M | 559.68M | 559.68M | -1.9% |
| Diluted shares | 549.00M | 559.68M | 559.68M | 559.68M | -1.9% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $54.46M | $46.96M | $52.16M | $58.45M | — | +16.0% |
| Cash & short-term investments | $154.57M | $57.49M | $176.97M | $79.46M | — | +168.8% |
| Inventory | $4.52M | $5.54M | $4.92M | $7.21M | — | -18.5% |
| Total current assets | $171.59M | $87.49M | $213.89M | $118.11M | — | +96.1% |
| Property, plant & equipment | $407.00M | $451.60M | $500.76M | $527.25M | — | -9.9% |
| Goodwill & intangibles | $17.90M | $19.55M | $41.88M | $42.49M | — | -8.4% |
| Total assets | $602.94M | $564.04M | $846.28M | $879.44M | — | +6.9% |
| Total current liabilities | $490.85M | $430.21M | $530.27M | $208.47M | — | +14.1% |
| Current debt | $336.82M | $268.10M | $326.84M | — | — | +25.6% |
| Long-term debt | — | — | $326.84M | $1.00M | $0 | — |
| Total debt | $440.26M | $384.56M | $457.17M | $149.81M | — | +14.5% |
| Total liabilities | $620.14M | $580.50M | $675.39M | $373.07M | — | +6.8% |
| Retained earnings | -$2.04B | -$1.81B | -$1.62B | -$1.29B | — | -12.8% |
| Shareholder equity | -$13.93M | -$13.30M | $173.62M | $508.44M | — | -4.7% |
| Working capital | -$319.26M | -$342.71M | -$316.38M | -$90.36M | — | +6.8% |
| Net tangible assets | -$31.83M | -$32.85M | $131.73M | $465.95M | — | +3.1% |
| Shares issued | 617.50M | 559.68M | 559.68M | 559.68M | — | +10.3% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Net income | -$230.91M | -$186.42M | -$335.48M | -$321.10M | — | -23.9% |
| Depreciation & amortisation | $55.30M | $60.87M | $53.40M | $44.07M | — | -9.2% |
| Stock-based compensation | — | — | $0 | $4.29M | $48.95M | — |
| Change in working capital | $13.18M | $22.16M | $12.31M | $45.09M | — | -40.5% |
| Operating cash flow | -$97.29M | -$125.74M | -$163.63M | -$180.92M | — | +22.6% |
| Capital expenditure | -$14.63M | -$28.06M | -$22.54M | -$96.57M | — | +47.9% |
| Investing cash flow | -$98.07M | $141.10M | -$116.60M | $23.38M | — | -169.5% |
| Financing cash flow | $203.20M | -$20.59M | $273.92M | -$36.06M | — | +1,087.0% |
| Free cash flow | -$111.92M | -$153.81M | -$186.17M | -$277.49M | — | +27.2% |
| End cash position | $54.46M | $46.96M | $52.16M | $58.45M | — | +16.0% |
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 | $54.46M | $21.05M | $46.96M | +158.7% |
| Cash & short-term investments | $154.57M | $21.05M | $57.49M | +634.2% |
| Inventory | $4.52M | $5.42M | $5.54M | -16.7% |
| Total current assets | $171.59M | $40.76M | $87.49M | +321.0% |
| Property, plant & equipment | $407.00M | $424.46M | $451.60M | -4.1% |
| Goodwill & intangibles | $17.90M | $18.57M | $19.55M | -3.6% |
| Total assets | $602.94M | $488.90M | $564.04M | +23.3% |
| Total current liabilities | $490.85M | $496.54M | $430.21M | -1.1% |
| Current debt | $336.82M | $338.63M | $268.10M | -0.5% |
| Total debt | $440.26M | $450.36M | $384.56M | -2.2% |
| Total liabilities | $620.14M | $634.38M | $580.50M | -2.2% |
| Retained earnings | -$2.04B | -$1.94B | -$1.81B | -5.3% |
| Shareholder equity | -$13.93M | -$142.40M | -$13.30M | +90.2% |
| Working capital | -$319.26M | -$455.78M | -$342.71M | +30.0% |
| Net tangible assets | -$31.83M | -$160.97M | -$32.85M | +80.2% |
| Shares issued | 617.50M | 559.68M | 559.68M | +10.3% |
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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