CompanyGraph
What stands out
- Earnings significantly exceed cash generation
At a glance
- Depends onMidstream position: 5 outgoing, 4 incoming connections
- ScaleLevered free cash flow is -$416.81M, lower than 95% of all stocks globally
- FinancialsAltman Z-Score 4.07: safe zone
- Interpretations1 currently firing — 1
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Sign inWhat the company actually pays, and whether its own cash supports it.
Dividends view
Yield
0.63%Below 5Y avg (0.78%)
Annual Rate
CNY 0.19Paid annual
Payout Ratio
25.4%Sustainable
Last Ex-Dividend
May 25, 2026
The reported statements, read against the company's own industry.
What stands out
- Earnings significantly exceed cash generation
Financials view
Market Capitalization
24.92BCNY3.70B · vs all stocks (USD)
Trailing P/E
62.80xvs Communication Equipment peers
Revenue (TTM)
21.00BCNY3.11B · vs all stocks (USD)
Profit Margin
2.71%vs Communication Equipment peers
52-Week Change
25.31%vs all stocks
Market Capitalization
24.92BCNY3.70B · vs all stocks (USD)
Enterprise Value
31.35BCNY4.65B · vs all stocks (USD)
Trailing P/E
62.80xvs Communication Equipment peers
Forward P/E
33.91xvs Communication Equipment peers
Price to Sales (TTM)
1.23xvs Communication Equipment peers
Price to Book (MRQ)
3.53xvs Communication Equipment peers
Enterprise to Revenue
1.49xvs Communication Equipment peers
Enterprise to EBITDA
22.39xvs Communication Equipment peers
Gross Margin
31.92%vs Communication Equipment peers
Profit Margin
2.71%vs Communication Equipment peers
Operating Margin
10.50%vs Communication Equipment peers
Return on Assets (TTM)
3.77%vs Communication Equipment peers
Return on Equity (TTM)
11.06%vs Communication Equipment peers
Revenue (TTM)
21.00BCNY3.11B · vs all stocks (USD)
Revenue per Share (TTM)
27.93CNYUpdated Aug 19, 2026Quarterly Revenue Growth
26.40%vs Communication Equipment peers
Gross Profit (TTM)
6.55BCNY971.58M · vs all stocks (USD)
EBITDA (TTM)
887.55MCNY131.62M · vs all stocks (USD)
Net Income (TTM)
569.64MCNY84.48M · vs all stocks (USD)
Quarterly Earnings Growth (YoY)
97.60%vs Communication Equipment peers
Operating Cash Flow (TTM)
-997.63MCNY-147.95M · vs all stocks (USD)
Levered Free Cash Flow (TTM)
-2.81BCNY-416.81M · vs all stocks (USD)
Trailing Annual Dividend Rate
0.1923CNYUpdated Aug 19, 2026Trailing Annual Dividend Yield
0.63%vs all stocks
5-Year Average Dividend Yield
0.78%vs all stocks
Payout Ratio
25.41%vs Communication Equipment peers
Minority Interest (Equity)
3.11BCNYFY2025 · Dec 31, 2025Revenue
19.16BCNYFY2025 · Dec 31, 2025Cost of Goods Sold
12.98BCNYFY2025 · Dec 31, 2025Gross Profit
6.18BCNYFY2025 · Dec 31, 2025Operating Income
1.06BCNY157.01M · vs all stocks (USD)
Pre-tax Income
961.63MCNYFY2025 · Dec 31, 2025Income Tax Expense
120.21MCNYFY2025 · Dec 31, 2025Net Income
841.43MCNYFY2025 · Dec 31, 2025EBIT
1.00BCNYFY2025 · Dec 31, 2025EBITDA (Income Statement)
1.45BCNYFY2025 · Dec 31, 2025Research & Development
2.44BCNYFY2025 · Dec 31, 2025Selling, General & Administrative
613.09MCNYFY2025 · Dec 31, 2025Other Operating Expenses
82.83MCNYFY2025 · Dec 31, 2025Non-operating Interest Income
55.20MCNYFY2025 · Dec 31, 2025Non-operating Interest Expense
41.93MCNYFY2025 · Dec 31, 2025EPS (Basic)
0.5430CNYFY2025 · Dec 31, 2025EPS (Diluted)
0.5430CNYFY2025 · Dec 31, 2025Basic Shares Outstanding
752.97MSharesFY2025 · Dec 31, 2025Diluted Shares Outstanding
752.97MSharesFY2025 · Dec 31, 2025Net Income from Continuing Operations
841.43MCNYFY2025 · Dec 31, 2025Minority Interests (P&L)
-432.56MCNYFY2025 · Dec 31, 2025Preferred Stock Dividends
0.00CNYFY2025 · Dec 31, 2025Operating Cash Flow
1.06BCNYFY2025 · Dec 31, 2025Free Cash Flow
736.08MCNYFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
3.57BCNYFY2025 · Dec 31, 2025Starting Profit (CF Statement)
841.43MCNYFY2025 · Dec 31, 2025Other Non-cash Items
115.85MCNYFY2025 · Dec 31, 2025Change in Accounts Receivable (CF)
-317.47MCNYFY2025 · Dec 31, 2025Change in Other Assets/Liabilities
422.56MCNYFY2025 · Dec 31, 2025Capital Expenditures
-326.29MCNYFY2025 · Dec 31, 2025Purchase of Investments
-424.59MCNYFY2025 · Dec 31, 2025Sale of Investments
476.11MCNYFY2025 · Dec 31, 2025Other Investing Activity
-340.17MCNYFY2025 · Dec 31, 2025Net Investing Cash Flow
-614.94MCNYFY2025 · Dec 31, 2025Long-term Debt Issuance
1.10BCNYFY2025 · Dec 31, 2025Long-term Debt Payments
-1.04BCNYFY2025 · Dec 31, 2025Common Dividends Paid
-175.56MCNYFY2025 · Dec 31, 2025Other Financing Charges
-90.47MCNYFY2025 · Dec 31, 2025Net Financing Cash Flow
-205.17MCNYFY2025 · Dec 31, 2025Shares Outstanding
761.40MSharesUpdated Aug 19, 2026Float Shares
553.74MSharesUpdated Aug 19, 2026% Held by Insiders
31.54%vs all stocks
% Held by Institutions
8.91%vs all stocks
Total Cash (MRQ)
2.40BCNY356.05M · vs all stocks (USD)
Total Cash per Share (MRQ)
3.18CNYUpdated Aug 19, 2026Total Debt (MRQ)
5.01BCNY742.87M · vs all stocks (USD)
Total Debt to Equity (MRQ)
0.4813xvs Communication Equipment peers
Current Ratio (MRQ)
1.57xvs Communication Equipment peers
Book Value per Share (MRQ)
9.59CNYUpdated Aug 19, 2026Total Assets
17.49BCNY2.59B · vs all stocks (USD)
Total Current Assets
12.74BCNYFY2025 · Dec 31, 2025Total Liabilities
7.41BCNYFY2025 · Dec 31, 2025Total Non-current Assets
4.75BCNYFY2025 · Dec 31, 2025Total Non-current Liabilities
147.10MCNYFY2025 · Dec 31, 2025Total Current Liabilities
7.26BCNYFY2025 · Dec 31, 2025Cash
4.19BCNYFY2025 · Dec 31, 2025Cash Equivalents
33.22MCNYFY2025 · Dec 31, 2025Cash & Cash Equivalents
4.22BCNYFY2025 · Dec 31, 2025Other Short-term Investments
50.16MCNYFY2025 · Dec 31, 2025Accounts Receivable
3.25BCNYFY2025 · Dec 31, 2025Inventory
4.02BCNYFY2025 · Dec 31, 2025Accounts Payable
3.55BCNYFY2025 · Dec 31, 2025Short-term Debt
1.75BCNYFY2025 · Dec 31, 2025Other Current Liabilities
72.69MCNYFY2025 · Dec 31, 2025Long-term Debt
88.30MCNYFY2025 · Dec 31, 2025Other Non-current Liabilities
798.13KCNYFY2025 · Dec 31, 2025Common Stock (Book)
585.70MCNYFY2025 · Dec 31, 2025Retained Earnings
4.88BCNYFY2025 · Dec 31, 2025Total Shareholders' Equity
10.08BCNY1.50B · vs all stocks (USD)
Treasury Stock
76.30MCNYFY2025 · Dec 31, 202552-Week Low
16.88CNYUpdated Aug 19, 202652-Week High
36.98CNYUpdated Aug 19, 202652-Week Change
25.31%vs all stocks
50-Day MA
25.21CNYUpdated Aug 19, 2026200-Day MA
22.83CNYUpdated Aug 19, 2026Avg 10-Day Volume
94.16MSharesUpdated Aug 19, 2026Avg 30-Day Volume
129.22MSharesUpdated Aug 19, 2026Diluted EPS (TTM)
0.5400CNYUpdated Aug 19, 20261 interpretation 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.
Screen for these patternsHow does this company use capital?
Revenue Growing With Receivables Growing
Revenue has risen three years, and what customers owe has risen with it.
Reads
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.
Structural Tensions
Earnings significantly exceed cash generationSignificant
Net Income (USD, TTM): 84,477,555.053Operating Cash Flow (USD, TTM): -147,948,588.32
Financial Health
Altman Z-Score 4.07: safe zoneNotable
Altman Z-Score: 4.07
Supply Chain
Midstream position: 5 outgoing, 4 incoming connectionsNotable
Outgoing: 5.00Incoming: 4.00
Scale
Levered free cash flow is -$416.81M, lower than 95% of all stocks globallySignificant
Levered free cash flow (USD): -416,808,022.17Global P5: -219,013,500
Market cap is $3.7B, above the global median of $1.15BNotable
Market cap (USD): 3,695,007,389.816Global Median: 1,146,734,693.424
Revenue is $3.11B, above the global median of $520.53MNotable
Revenue (USD): 3,114,199,089.562Global Median: 520,528,949.311
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