6988.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 | $11.68M | $113.31M | $5.08B | $3.72B | — | -89.7% |
| Operating revenue | $11.68M | $113.31M | $5.08B | $3.72B | — | -89.7% |
| Cost of revenue | $6.48M | $112.26M | $4.62B | $3.29B | — | -94.2% |
| Gross profit | $5.21M | $1.05M | $459.57M | $436.96M | — | +396.3% |
| Research & development | $6.41M | $3.17M | $70.01M | $52.77M | — | +102.2% |
| Selling, general & admin | $142.80M | $1.00B | $1.08B | $714.05M | — | -85.8% |
| Total operating expense | $149.15M | $1.01B | $1.15B | $777.10M | — | -85.2% |
| Operating income | -$143.94M | -$1.00B | -$687.51M | -$340.13M | — | +85.7% |
| Net interest income | $4.24M | $6.22M | $6.66M | $10.97M | — | -31.8% |
| Pre-tax income | -$165.79M | -$1.11B | -$793.10M | -$331.89M | — | +85.0% |
| Tax provision | $12.00K | $70.00K | $141.00K | $7.23M | — | -82.9% |
| Net income | -$161.92M | -$1.07B | -$784.17M | -$339.45M | — | +84.8% |
| Net income to common | -$161.92M | -$1.07B | -$784.17M | -$339.45M | — | +84.8% |
| Basic EPS | — | -0.45 | -0.33 | -0.15 | 0.11 | — |
| Diluted EPS | — | -0.45 | -0.33 | -0.15 | 0.11 | — |
| EBIT | -$165.08M | -$1.11B | -$790.80M | -$330.11M | — | +85.1% |
| EBITDA | -$147.72M | -$1.08B | -$749.86M | -$299.86M | — | +86.3% |
| Basic shares | — | 2.37B | 2.37B | 2.26B | 2.16B | — |
| Diluted shares | — | 2.37B | 2.37B | 2.26B | 2.16B | — |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $188.29M | $212.88M | $325.97M | $533.94M | — | -11.6% |
| Cash & short-term investments | $189.43M | $230.40M | $327.96M | $576.00M | — | -17.8% |
| Accounts receivable | $23.05M | $346.65M | $723.83M | $1.26B | — | -93.4% |
| Inventory | — | $0 | $108.68M | $40.25M | $0 | — |
| Total current assets | $273.15M | $727.39M | $1.71B | $2.38B | — | -62.4% |
| Property, plant & equipment | $31.08M | $42.61M | $95.10M | $107.90M | — | -27.1% |
| Goodwill & intangibles | $399.00K | $789.00K | $2.22M | $3.83M | — | -49.4% |
| Total assets | $354.35M | $822.23M | $1.87B | $2.80B | — | -56.9% |
| Total current liabilities | $87.20M | $390.57M | $220.24M | $309.74M | — | -77.7% |
| Total debt | $7.65M | $22.17M | $41.36M | $43.08M | — | -65.5% |
| Total liabilities | $88.59M | $403.07M | $292.69M | $384.04M | — | -78.0% |
| Retained earnings | -$1.98B | -$1.82B | -$747.46M | $42.08M | — | -8.9% |
| Shareholder equity | $475.81M | $502.64M | $1.60B | $2.41B | — | -5.3% |
| Working capital | $185.95M | $336.82M | $1.49B | $2.07B | — | -44.8% |
| Net tangible assets | $475.41M | $501.86M | $1.60B | $2.41B | — | -5.3% |
| Shares issued | 2.37B | 2.37B | 2.37B | 2.37B | — | 0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Net income | -$165.79M | -$1.11B | -$793.10M | -$331.89M | — | +85.0% |
| Depreciation & amortisation | $17.36M | $28.29M | $40.94M | $30.25M | — | -38.6% |
| Stock-based compensation | $197.00K | $2.76M | $6.30M | $70.66M | — | -92.9% |
| Change in working capital | $60.65M | $909.91M | $414.86M | -$289.81M | — | -93.3% |
| Operating cash flow | -$65.46M | -$54.54M | -$237.76M | -$526.29M | — | -20.0% |
| Capital expenditure | -$14.24M | -$277.00K | -$18.90M | -$35.10M | — | -5,039.7% |
| Investing cash flow | $8.10M | -$10.46M | $41.03M | -$91.95M | — | +177.4% |
| Share buybacks | — | — | — | $0 | -$11.95M | — |
| Financing cash flow | $34.48M | -$18.46M | -$18.06M | $587.17M | — | +286.8% |
| Free cash flow | -$79.69M | -$54.81M | -$256.66M | -$561.39M | — | -45.4% |
| End cash position | $188.29M | $212.88M | $325.97M | $533.94M | — | -11.6% |
Newly listed companies often have nothing on file until their first annual report.
| Line item | 2025-12-31 | 2024-12-31 | YoY |
|---|---|---|---|
| Cash & equivalents | $188.29M | $212.88M | -11.6% |
| Cash & short-term investments | $189.43M | $230.40M | -17.8% |
| Accounts receivable | $23.05M | $346.65M | -93.4% |
| Inventory | — | $0 | — |
| Total current assets | $273.15M | $727.39M | -62.4% |
| Property, plant & equipment | $31.08M | $42.61M | -27.1% |
| Goodwill & intangibles | $399.00K | $789.00K | -49.4% |
| Total assets | $354.35M | $822.23M | -56.9% |
| Total current liabilities | $87.20M | $390.57M | -77.7% |
| Total debt | $7.65M | $22.17M | -65.5% |
| Total liabilities | $88.59M | $403.07M | -78.0% |
| Retained earnings | -$1.98B | -$1.82B | -8.9% |
| Shareholder equity | $475.81M | $502.64M | -5.3% |
| Working capital | $185.95M | $336.82M | -44.8% |
| Net tangible assets | $475.41M | $501.86M | -5.3% |
| Shares issued | 2.37B | 2.37B | 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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