The reported statements, read against the company's own industry.
Financials view
Market Capitalization
25.45BCNY
3.77B · vs all stocks (USD)
Updated Aug 18, 2026
Revenue (TTM)
2.84BCNY
421.74M · vs all stocks (USD)
Updated Aug 18, 2026
Profit Margin
-43.52%
vs Communication Equipment peers
Updated Aug 18, 2026
Beta
0.4320x
vs all stocks
Updated Aug 18, 2026
52-Week Change
84.26%
vs all stocks
Updated Aug 18, 2026
Market Capitalization
25.45BCNY
3.77B · vs all stocks (USD)
Updated Aug 18, 2026
Enterprise Value
25.70BCNY
3.81B · vs all stocks (USD)
Updated Aug 18, 2026
Forward P/E
39.10x
vs Communication Equipment peers
Updated Aug 18, 2026
Price to Sales (TTM)
9.01x
vs Communication Equipment peers
Updated Aug 18, 2026
Price to Book (MRQ)
6.79x
vs Communication Equipment peers
Updated Aug 18, 2026
Enterprise to Revenue
9.04x
vs Communication Equipment peers
Updated Aug 18, 2026
Enterprise to EBITDA
-55.38x
vs Communication Equipment peers
Updated Aug 18, 2026
Gross Margin
7.92%
vs Communication Equipment peers
Provider-reported. Gross Profit (TTM) ÷ Revenue (TTM) on this page gives -3.13%.Updated Aug 18, 2026
Profit Margin
-43.52%
vs Communication Equipment peers
Updated Aug 18, 2026
Operating Margin
-16.33%
vs Communication Equipment peers
Updated Aug 18, 2026
Return on Assets (TTM)
-4.51%
vs Communication Equipment peers
Updated Aug 18, 2026
Return on Equity (TTM)
-25.73%
vs Communication Equipment peers
Updated Aug 18, 2026
Revenue (TTM)
2.84BCNY
421.74M · vs all stocks (USD)
Updated Aug 18, 2026
Revenue per Share (TTM)
1.80CNYUpdated Aug 18, 2026
Quarterly Revenue Growth
118.40%
vs Communication Equipment peers
Updated Aug 18, 2026
Gross Profit (TTM)
-89.01MCNY
-13.20M · vs all stocks (USD)
Updated Aug 18, 2026
EBITDA (TTM)
-463.98MCNY
-68.81M · vs all stocks (USD)
Updated Aug 18, 2026
Net Income (TTM)
-1.24BCNY
-183.56M · vs all stocks (USD)
Updated Aug 18, 2026
Quarterly Earnings Growth (YoY)
-6.78%
vs Communication Equipment peers
Updated Aug 18, 2026
Operating Cash Flow (TTM)
301.32MCNY
44.69M · vs all stocks (USD)
Updated Aug 18, 2026
Levered Free Cash Flow (TTM)
228.71MCNY
33.92M · vs all stocks (USD)
Updated Aug 18, 2026
Payout Ratio
0.00%
vs Communication Equipment peers
Updated Aug 18, 2026
Minority Interest (Equity)
735.63MCNYFY2025 · Dec 31, 2025
Revenue
2.50BCNYFY2025 · Dec 31, 2025
Cost of Goods Sold
2.55BCNYFY2025 · Dec 31, 2025
Gross Profit
-53.00MCNYFY2025 · Dec 31, 2025
Operating Income
-738.81MCNY
-109.57M · vs all stocks (USD)
FY2025 · Dec 31, 2025
Pre-tax Income
-1.44BCNYFY2025 · Dec 31, 2025
Income Tax Expense
-22.52MCNYFY2025 · Dec 31, 2025
Net Income
-1.42BCNYFY2025 · Dec 31, 2025
EBIT
-1.39BCNYFY2025 · Dec 31, 2025
EBITDA (Income Statement)
-585.56MCNYFY2025 · Dec 31, 2025
Research & Development
300.92MCNYFY2025 · Dec 31, 2025
Selling, General & Administrative
77.60MCNYFY2025 · Dec 31, 2025
Other Operating Expenses
24.03MCNYFY2025 · Dec 31, 2025
Non-operating Interest Income
33.88MCNYFY2025 · Dec 31, 2025
Non-operating Interest Expense
50.83MCNYFY2025 · Dec 31, 2025
EPS (Basic)
-0.8200CNYFY2025 · Dec 31, 2025
EPS (Diluted)
-0.8200CNYFY2025 · Dec 31, 2025
Basic Shares Outstanding
1.60BSharesFY2025 · Dec 31, 2025
Diluted Shares Outstanding
1.60BSharesFY2025 · Dec 31, 2025
Net Income from Continuing Operations
-1.42BCNYFY2025 · Dec 31, 2025
Minority Interests (P&L)
106.75MCNYFY2025 · Dec 31, 2025
Preferred Stock Dividends
0.00CNYFY2025 · Dec 31, 2025
Operating Cash Flow
-359.32MCNYFY2025 · Dec 31, 2025
Free Cash Flow
-405.05MCNYFY2025 · Dec 31, 2025
Cash & Cash Equivalents (End of Period)
1.73BCNYFY2025 · Dec 31, 2025
Starting Profit (CF Statement)
-1.42BCNYFY2025 · Dec 31, 2025
Other Non-cash Items
64.74MCNYFY2025 · Dec 31, 2025
Change in Accounts Receivable (CF)
299.29MCNYFY2025 · Dec 31, 2025
Change in Other Assets/Liabilities
692.03MCNYFY2025 · Dec 31, 2025
Capital Expenditures
45.73MCNYFY2025 · Dec 31, 2025
Net Acquisitions
95.42MCNYFY2025 · Dec 31, 2025
Sale of Investments
1.86MCNYFY2025 · Dec 31, 2025
Other Investing Activity
-7.63MCNYFY2025 · Dec 31, 2025
Net Investing Cash Flow
135.38MCNYFY2025 · Dec 31, 2025
Long-term Debt Issuance
876.81MCNYFY2025 · Dec 31, 2025
Long-term Debt Payments
-1.01BCNYFY2025 · Dec 31, 2025
Common Dividends Paid
-30.60MCNYFY2025 · Dec 31, 2025
Other Financing Charges
27.38MCNYFY2025 · Dec 31, 2025
Net Financing Cash Flow
-131.67MCNYFY2025 · Dec 31, 2025
Shares Outstanding
1.60BSharesUpdated Aug 18, 2026
Float Shares
883.06MSharesUpdated Aug 18, 2026
% Held by Insiders
25.71%
vs all stocks
Updated Aug 18, 2026
% Held by Institutions
2.38%
vs all stocks
Updated Aug 18, 2026
Total Cash (MRQ)
1.53BCNY
226.59M · vs all stocks (USD)
Updated Aug 18, 2026
Total Cash per Share (MRQ)
0.9560CNYUpdated Aug 18, 2026
Total Debt (MRQ)
881.07MCNY
130.66M · vs all stocks (USD)
Updated Aug 18, 2026
Total Debt to Equity (MRQ)
0.1962x
vs Communication Equipment peers
Updated Aug 18, 2026
Current Ratio (MRQ)
1.43x
vs Communication Equipment peers
Updated Aug 18, 2026
Book Value per Share (MRQ)
2.36CNYUpdated Aug 18, 2026
Total Assets
9.38BCNY
1.39B · vs all stocks (USD)
FY2025 · Dec 31, 2025
Total Current Assets
5.96BCNYFY2025 · Dec 31, 2025
Total Liabilities
4.76BCNYFY2025 · Dec 31, 2025
Total Non-current Assets
3.42BCNYFY2025 · Dec 31, 2025
Total Non-current Liabilities
341.76MCNYFY2025 · Dec 31, 2025
Total Current Liabilities
4.42BCNYFY2025 · Dec 31, 2025
Cash
46.38MCNYFY2025 · Dec 31, 2025
Cash Equivalents
1.81BCNYFY2025 · Dec 31, 2025
Cash & Cash Equivalents
1.86BCNYFY2025 · Dec 31, 2025
Accounts Receivable
1.82BCNYFY2025 · Dec 31, 2025
Inventory
1.40BCNYFY2025 · Dec 31, 2025
Accounts Payable
2.03BCNYFY2025 · Dec 31, 2025
Short-term Debt
647.01MCNYFY2025 · Dec 31, 2025
Other Current Liabilities
74.39MCNYFY2025 · Dec 31, 2025
Long-term Debt
180.23MCNYFY2025 · Dec 31, 2025
Other Non-current Liabilities
24.45MCNYFY2025 · Dec 31, 2025
Common Stock (Book)
358.38MCNYFY2025 · Dec 31, 2025
Retained Earnings
-1.85BCNYFY2025 · Dec 31, 2025
Total Shareholders' Equity
4.62BCNY
684.74M · vs all stocks (USD)
FY2025 · Dec 31, 2025
52-Week Low
7.37CNYUpdated Aug 18, 2026
52-Week High
40.65CNYUpdated Aug 18, 2026
52-Week Change
84.26%
vs all stocks
Updated Aug 18, 2026
Beta
0.4320x
vs all stocks
Updated Aug 18, 2026
50-Day MA
16.86CNYUpdated Aug 18, 2026
200-Day MA
23.22CNYUpdated Aug 18, 2026
Avg 10-Day Volume
64.58MSharesUpdated Aug 18, 2026
Avg 30-Day Volume
81.53MSharesUpdated Aug 18, 2026
Diluted EPS (TTM)
-0.7800CNYUpdated Aug 18, 2026
2 interpretations currently present — each is a set of fired observations whose alignment reads as one structural pattern. Click an observation to see the numbers behind it.
The price is falling, swinging wider than usual, and sits well below its peak.
Partial Recovery After Sharp Decline
A weak, thin-volume bounce inside a decline that is still far from recovered.
An interpretation is present only while every observation it reads stays fired (score ≥ 70). It describes what the aligned readings show — never a verdict, never a prediction.
Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Peer Positioning
Gross margin is 7.9%, lower than 95% of its Communication Equipment peers (median 30.1%)Significant