CompanyGraph
What stands out
- Most companies in its industry are production businesses; this one is an attention business
At a glance
- Depends onMidstream position: 5 outgoing, 4 incoming connections
- PositionGross margin is -24.1%, lower than 95% of its Communication Equipment peers (median 30.8%)
- FinancialsAltman Z-Score -1.03: distress zone
What this company is and how it runs — written from structure, not news.
What stands out
- Most companies in its industry are production businesses; this one is an attention business
Sign in to view price data.
Sign inThe reported statements, read against the company's own industry.
Financials view
Market Capitalization
2.09BCNY312.26M · vs all stocks (USD)
Revenue (TTM)
358.86MCNY53.55M · vs all stocks (USD)
Profit Margin
-104.87%vs Communication Equipment peers
Beta
0.6970xvs all stocks
52-Week Change
-33.20%vs all stocks
Market Capitalization
2.09BCNY312.26M · vs all stocks (USD)
Enterprise Value
1.91BCNY285.22M · vs all stocks (USD)
Forward P/E
4.55xvs Communication Equipment peers
Price to Sales (TTM)
5.83xvs Communication Equipment peers
Price to Book (MRQ)
2.87xvs Communication Equipment peers
Enterprise to Revenue
5.33xvs Communication Equipment peers
Enterprise to EBITDA
-18.21xvs Communication Equipment peers
Gross Margin
-24.07%vs Communication Equipment peers
Profit Margin
-104.87%vs Communication Equipment peers
Operating Margin
-84.54%vs Communication Equipment peers
Return on Assets (TTM)
-7.35%vs Communication Equipment peers
Return on Equity (TTM)
-58.02%vs Communication Equipment peers
Revenue (TTM)
358.86MCNY53.55M · vs all stocks (USD)
Revenue per Share (TTM)
0.5930CNYUpdated Sep 20, 2026Quarterly Revenue Growth
-59.20%vs Communication Equipment peers
Gross Profit (TTM)
-18.60MCNY-2.77M · vs all stocks (USD)
EBITDA (TTM)
-104.95MCNY-15.66M · vs all stocks (USD)
Net Income (TTM)
-376.32MCNY-56.16M · vs all stocks (USD)
Quarterly Earnings Growth (YoY)
-40.25%vs Communication Equipment peers
Operating Cash Flow (TTM)
-28.71MCNY-4.28M · vs all stocks (USD)
Payout Ratio
0.00%vs Communication Equipment peers
Minority Interest (Equity)
-254.78MCNYFY2025 · Dec 31, 2025Revenue
392.24MCNYFY2025 · Dec 31, 2025Cost of Goods Sold
375.30MCNYFY2025 · Dec 31, 2025Gross Profit
16.94MCNYFY2025 · Dec 31, 2025Operating Income
-178.27MCNY-26.60M · vs all stocks (USD)
Pre-tax Income
-392.25MCNYFY2025 · Dec 31, 2025Income Tax Expense
-430.84KCNYFY2025 · Dec 31, 2025Net Income
-391.82MCNYFY2025 · Dec 31, 2025EBIT
-389.01MCNYFY2025 · Dec 31, 2025EBITDA (Income Statement)
-102.06MCNYFY2025 · Dec 31, 2025Research & Development
49.65MCNYFY2025 · Dec 31, 2025Selling, General & Administrative
33.09MCNYFY2025 · Dec 31, 2025Other Operating Expenses
1.71MCNYFY2025 · Dec 31, 2025Non-operating Interest Income
474.26KCNYFY2025 · Dec 31, 2025Non-operating Interest Expense
3.24MCNYFY2025 · Dec 31, 2025EPS (Basic)
-0.6129CNYFY2025 · Dec 31, 2025EPS (Diluted)
-0.6129CNYFY2025 · Dec 31, 2025Basic Shares Outstanding
604.75MSharesFY2025 · Dec 31, 2025Diluted Shares Outstanding
604.75MSharesFY2025 · Dec 31, 2025Net Income from Continuing Operations
-391.82MCNYFY2025 · Dec 31, 2025Minority Interests (P&L)
21.17MCNYFY2025 · Dec 31, 2025Preferred Stock Dividends
0.00CNYFY2025 · Dec 31, 2025Operating Cash Flow
-220.44MCNYFY2025 · Dec 31, 2025Free Cash Flow
-412.74MCNYFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
59.94MCNYFY2025 · Dec 31, 2025Starting Profit (CF Statement)
-391.82MCNYFY2025 · Dec 31, 2025Other Non-cash Items
59.04MCNYFY2025 · Dec 31, 2025Change in Accounts Receivable (CF)
-142.84MCNYFY2025 · Dec 31, 2025Change in Other Assets/Liabilities
255.18MCNYFY2025 · Dec 31, 2025Capital Expenditures
-192.31MCNYFY2025 · Dec 31, 2025Sale of Investments
200.00KCNYFY2025 · Dec 31, 2025Other Investing Activity
778.05KCNYFY2025 · Dec 31, 2025Net Investing Cash Flow
-191.33MCNYFY2025 · Dec 31, 2025Long-term Debt Issuance
72.86MCNYFY2025 · Dec 31, 2025Long-term Debt Payments
-128.20MCNYFY2025 · Dec 31, 2025Common Dividends Paid
-2.46MCNYFY2025 · Dec 31, 2025Other Financing Charges
287.71MCNYFY2025 · Dec 31, 2025Net Financing Cash Flow
229.91MCNYFY2025 · Dec 31, 2025Shares Outstanding
604.80MSharesUpdated Sep 20, 2026Float Shares
516.62MSharesUpdated Sep 20, 2026% Held by Insiders
16.36%vs all stocks
% Held by Institutions
0.25%vs all stocks
Total Cash (MRQ)
54.43MCNY8.12M · vs all stocks (USD)
Total Cash per Share (MRQ)
0.0900CNYUpdated Sep 20, 2026Total Debt (MRQ)
129.53MCNY19.33M · vs all stocks (USD)
Total Debt to Equity (MRQ)
0.2739xvs Communication Equipment peers
Current Ratio (MRQ)
0.8600xvs Communication Equipment peers
Book Value per Share (MRQ)
1.21CNYUpdated Sep 20, 2026Total Assets
1.56BCNY233.49M · vs all stocks (USD)
Total Current Assets
604.10MCNYFY2025 · Dec 31, 2025Total Liabilities
988.29MCNYFY2025 · Dec 31, 2025Total Non-current Assets
960.65MCNYFY2025 · Dec 31, 2025Total Non-current Liabilities
383.38MCNYFY2025 · Dec 31, 2025Total Current Liabilities
604.91MCNYFY2025 · Dec 31, 2025Cash
95.57MCNYFY2025 · Dec 31, 2025Cash Equivalents
1.23MCNYFY2025 · Dec 31, 2025Cash & Cash Equivalents
96.80MCNYFY2025 · Dec 31, 2025Accounts Receivable
128.39MCNYFY2025 · Dec 31, 2025Inventory
320.58MCNYFY2025 · Dec 31, 2025Accounts Payable
358.67MCNYFY2025 · Dec 31, 2025Short-term Debt
183.16MCNYFY2025 · Dec 31, 2025Other Current Liabilities
329.34KCNYFY2025 · Dec 31, 2025Long-term Debt
8.47MCNYFY2025 · Dec 31, 2025Other Non-current Liabilities
3.36MCNYFY2025 · Dec 31, 2025Common Stock (Book)
604.80MCNYFY2025 · Dec 31, 2025Retained Earnings
-1.93BCNYFY2025 · Dec 31, 2025Total Shareholders' Equity
576.47MCNY86.02M · vs all stocks (USD)
52-Week Low
2.65CNYUpdated Sep 20, 202652-Week High
6.90CNYUpdated Sep 20, 202652-Week Change
-33.20%vs all stocks
Beta
0.6970xvs all stocks
50-Day MA
3.18CNYUpdated Sep 20, 2026200-Day MA
4.36CNYUpdated Sep 20, 2026Avg 10-Day Volume
9.03MSharesUpdated Sep 20, 2026Avg 30-Day Volume
9.77MSharesUpdated Sep 20, 2026Diluted EPS (TTM)
-0.6200CNYUpdated Sep 20, 2026Shared 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 -24.1%, lower than 95% of its Communication Equipment peers (median 30.8%)Significant
Gross margin: -0.24Industry median: 0.31Industry P5: 0.08Peers compared: 107
Operating margin is -84.5%, lower than 95% of its Communication Equipment peers (median 2.6%)Significant
Operating margin: -0.85Industry median: 0.03Industry P5: -0.24Peers compared: 107
Profit margin is -104.9%, lower than 95% of its Communication Equipment peers (median 2%)Significant
Profit margin: -1.05Industry median: 0.02Industry P5: -0.67Peers compared: 107
Return on equity is -58%, lower than 95% of its Communication Equipment peers (median 1.6%)Significant
Return on equity: -0.58Industry median: 0.02Industry P5: -0.30Peers compared: 107
Structural Tensions
Most companies in its industry are production businesses; this one is an attention businessSignificant
Industry peers: 181Share on the common pattern %: 96.00
Financial Health
Altman Z-Score -1.03: distress zoneCritical
Altman Z-Score: -1.03
Supply Chain
Midstream position: 5 outgoing, 4 incoming connectionsNotable
Outgoing: 5.00Incoming: 4.00
Companies that share the same coordination system — how they create, deliver, or capture value.
Zhejiang Juli Culture Development Co. Ltd.
Tier 1AttentionThroughput-Bound ConversionProductionFlow
Falcon's Beyond Global Inc.
Tier 1AttentionThroughput-Bound ConversionProductionInterface
Hyundai Futurenet Co., Ltd.
Tier 1AttentionThroughput-Bound ConversionInterfaceProduction
Beijing Bashi Media Co., Ltd.
Tier 1AttentionThroughput-Bound ConversionInterfaceFlow
Eastern Media International Corporation
Tier 1AttentionThroughput-Bound ConversionFlowProduction
Zhewang Pictures Group Co., Ltd.
Tier 1AttentionThroughput-Bound ConversionFlowInterface
VGI Public Company Limited
Tier 1AttentionThroughput-Bound ConversionInterfaceSenseMaking
China Reform Culture Holdings Co. Ltd.
Tier 1AttentionThroughput-Bound ConversionInterfaceSenseMaking
Sk Etermax Co., Ltd.
Tier 1AttentionThroughput-Bound ConversionProduction
Suzhou Kingswood Education Technology Co., Ltd.
Tier 1AttentionThroughput-Bound ConversionInterfaceSenseMaking