The reported statements, read against the company's own industry.
What stands out
Valued far above the size of its business
Financials view
Market Capitalization
2.74BCNY
406.98M · vs all stocks (USD)
Updated Aug 19, 2026
Revenue (TTM)
79.05MCNY
11.74M · vs all stocks (USD)
Updated Aug 19, 2026
Profit Margin
-51.42%
vs Communication Equipment peers
Updated Aug 19, 2026
Beta
0.6260x
vs all stocks
Updated Aug 19, 2026
52-Week Change
-3.64%
vs all stocks
Updated Aug 19, 2026
Market Capitalization
2.74BCNY
406.98M · vs all stocks (USD)
Updated Aug 19, 2026
Enterprise Value
2.84BCNY
421.65M · vs all stocks (USD)
Updated Aug 19, 2026
Price to Sales (TTM)
34.67x
vs Communication Equipment peers
Updated Aug 19, 2026
Price to Book (MRQ)
318.00x
vs Communication Equipment peers
Updated Aug 19, 2026
Enterprise to Revenue
35.91x
vs Communication Equipment peers
Updated Aug 19, 2026
Enterprise to EBITDA
-66.45x
vs Communication Equipment peers
Updated Aug 19, 2026
Gross Margin
31.47%
vs Communication Equipment peers
Provider-reported. Gross Profit (TTM) ÷ Revenue (TTM) on this page gives 25.92%.Updated Aug 19, 2026
Profit Margin
-51.42%
vs Communication Equipment peers
Updated Aug 19, 2026
Operating Margin
-25.01%
vs Communication Equipment peers
Updated Aug 19, 2026
Return on Assets (TTM)
-12.78%
vs Communication Equipment peers
Updated Aug 19, 2026
Return on Equity (TTM)
-233.46%
vs Communication Equipment peers
Updated Aug 19, 2026
Revenue (TTM)
79.05MCNY
11.74M · vs all stocks (USD)
Updated Aug 19, 2026
Revenue per Share (TTM)
0.1830CNYUpdated Aug 19, 2026
Quarterly Revenue Growth
-67.20%
vs Communication Equipment peers
Updated Aug 19, 2026
Gross Profit (TTM)
20.49MCNY
3.04M · vs all stocks (USD)
Updated Aug 19, 2026
EBITDA (TTM)
-42.72MCNY
-6.35M · vs all stocks (USD)
Updated Aug 19, 2026
Net Income (TTM)
-40.65MCNY
-6.04M · vs all stocks (USD)
Updated Aug 19, 2026
Quarterly Earnings Growth (YoY)
-74.27%
vs Communication Equipment peers
Updated Aug 19, 2026
Operating Cash Flow (TTM)
-5.25MCNY
-780.24K · vs all stocks (USD)
Updated Aug 19, 2026
Levered Free Cash Flow (TTM)
2.40MCNY
356.44K · vs all stocks (USD)
Updated Aug 19, 2026
Payout Ratio
0.00%
vs Communication Equipment peers
Updated Aug 19, 2026
Minority Interest (Equity)
-1.47MCNYFY2025 · Dec 31, 2025
Revenue
116.77MCNYFY2025 · Dec 31, 2025
Cost of Goods Sold
87.54MCNYFY2025 · Dec 31, 2025
Gross Profit
29.23MCNYFY2025 · Dec 31, 2025
Operating Income
-14.80MCNY
-2.20M · vs all stocks (USD)
FY2025 · Dec 31, 2025
Pre-tax Income
-34.83MCNYFY2025 · Dec 31, 2025
Income Tax Expense
-79.77KCNYFY2025 · Dec 31, 2025
Net Income
-34.75MCNYFY2025 · Dec 31, 2025
EBIT
-30.49MCNYFY2025 · Dec 31, 2025
EBITDA (Income Statement)
-4.73MCNYFY2025 · Dec 31, 2025
Research & Development
15.49MCNYFY2025 · Dec 31, 2025
Selling, General & Administrative
9.77MCNYFY2025 · Dec 31, 2025
Other Operating Expenses
734.63KCNYFY2025 · Dec 31, 2025
Non-operating Interest Income
76.70KCNYFY2025 · Dec 31, 2025
Non-operating Interest Expense
4.35MCNYFY2025 · Dec 31, 2025
EPS (Basic)
-0.0806CNYFY2025 · Dec 31, 2025
EPS (Diluted)
-0.0806CNYFY2025 · Dec 31, 2025
Basic Shares Outstanding
430.87MSharesFY2025 · Dec 31, 2025
Diluted Shares Outstanding
430.87MSharesFY2025 · Dec 31, 2025
Net Income from Continuing Operations
-34.75MCNYFY2025 · Dec 31, 2025
Minority Interests (P&L)
24.93KCNYFY2025 · Dec 31, 2025
Preferred Stock Dividends
0.00CNYFY2025 · Dec 31, 2025
Operating Cash Flow
-36.44MCNYFY2025 · Dec 31, 2025
Free Cash Flow
-40.39MCNYFY2025 · Dec 31, 2025
Cash & Cash Equivalents (End of Period)
18.95MCNYFY2025 · Dec 31, 2025
Starting Profit (CF Statement)
-34.75MCNYFY2025 · Dec 31, 2025
Other Non-cash Items
4.88MCNYFY2025 · Dec 31, 2025
Change in Accounts Receivable (CF)
-53.33MCNYFY2025 · Dec 31, 2025
Change in Other Assets/Liabilities
46.76MCNYFY2025 · Dec 31, 2025
Capital Expenditures
-3.94MCNYFY2025 · Dec 31, 2025
Net Acquisitions
6.88KCNYFY2025 · Dec 31, 2025
Purchase of Investments
-1.65MCNYFY2025 · Dec 31, 2025
Sale of Investments
1.34MCNYFY2025 · Dec 31, 2025
Net Investing Cash Flow
-4.24MCNYFY2025 · Dec 31, 2025
Long-term Debt Issuance
83.00MCNYFY2025 · Dec 31, 2025
Long-term Debt Payments
-82.47MCNYFY2025 · Dec 31, 2025
Common Dividends Paid
-2.94MCNYFY2025 · Dec 31, 2025
Other Financing Charges
11.94MCNYFY2025 · Dec 31, 2025
Net Financing Cash Flow
9.53MCNYFY2025 · Dec 31, 2025
Shares Outstanding
430.86MSharesUpdated Aug 19, 2026
Float Shares
346.80MSharesUpdated Aug 19, 2026
% Held by Insiders
23.71%
vs all stocks
Updated Aug 19, 2026
% Held by Institutions
0.67%
vs all stocks
Updated Aug 19, 2026
Total Cash (MRQ)
41.90MCNY
6.22M · vs all stocks (USD)
Updated Aug 19, 2026
Total Cash per Share (MRQ)
0.0970CNYUpdated Aug 19, 2026
Total Debt (MRQ)
142.12MCNY
21.11M · vs all stocks (USD)
Updated Aug 19, 2026
Total Debt to Equity (MRQ)
19.63x
vs Communication Equipment peers
Updated Aug 19, 2026
Current Ratio (MRQ)
0.8220x
vs Communication Equipment peers
Updated Aug 19, 2026
Book Value per Share (MRQ)
0.0200CNYUpdated Aug 19, 2026
Total Assets
207.78MCNY
30.86M · vs all stocks (USD)
FY2025 · Dec 31, 2025
Total Current Assets
155.58MCNYFY2025 · Dec 31, 2025
Total Liabilities
196.56MCNYFY2025 · Dec 31, 2025
Total Non-current Assets
52.21MCNYFY2025 · Dec 31, 2025
Total Non-current Liabilities
8.96MCNYFY2025 · Dec 31, 2025
Total Current Liabilities
187.60MCNYFY2025 · Dec 31, 2025
Cash
21.81MCNYFY2025 · Dec 31, 2025
Cash Equivalents
27.16KCNYFY2025 · Dec 31, 2025
Cash & Cash Equivalents
21.84MCNYFY2025 · Dec 31, 2025
Accounts Receivable
94.40MCNYFY2025 · Dec 31, 2025
Inventory
16.75MCNYFY2025 · Dec 31, 2025
Accounts Payable
57.34MCNYFY2025 · Dec 31, 2025
Short-term Debt
101.41MCNYFY2025 · Dec 31, 2025
Other Current Liabilities
120.00KCNYFY2025 · Dec 31, 2025
Long-term Debt
6.40MCNYFY2025 · Dec 31, 2025
Other Non-current Liabilities
917.20KCNYFY2025 · Dec 31, 2025
Common Stock (Book)
430.86MCNYFY2025 · Dec 31, 2025
Retained Earnings
-633.36MCNYFY2025 · Dec 31, 2025
Total Shareholders' Equity
11.22MCNY
1.67M · vs all stocks (USD)
FY2025 · Dec 31, 2025
52-Week Low
5.08CNYUpdated Aug 19, 2026
52-Week High
11.42CNYUpdated Aug 19, 2026
52-Week Change
-3.64%
vs all stocks
Updated Aug 19, 2026
Beta
0.6260x
vs all stocks
Updated Aug 19, 2026
50-Day MA
7.55CNYUpdated Aug 19, 2026
200-Day MA
8.07CNYUpdated Aug 19, 2026
Avg 10-Day Volume
12.29MSharesUpdated Aug 19, 2026
Avg 30-Day Volume
15.52MSharesUpdated Aug 19, 2026
Diluted EPS (TTM)
-0.0900CNYUpdated Aug 19, 2026
1 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.
Ulcer Index Elevated, Drawdown From Peak Significant, 20-Week Volatility Elevated
It sits well below its peak, and the fall has been both deep and long.
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
Operating margin is -25%, lower than 95% of its Communication Equipment peers (median 2.6%)Significant