CompanyGraph
What stands out
- Earnings significantly exceed cash generation
At a glance
- Depends onMidstream position: 5 outgoing, 4 incoming connections
- ScaleMarket cap is $5.37B, above the global median of $1.15B
- PositionOperating margin is 24.6%, higher than 95% of its Communication Equipment peers (median 4.7%)
- Interpretations1 currently firing — 1
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Sign inWhat the company actually pays, and whether its own cash supports it.
Dividends view
Yield
0.53%Below 5Y avg (0.78%)
Annual Rate
CNY 0.15Paid annual
Payout Ratio
20.6%Sustainable
Last Ex-Dividend
Jul 9, 2026
The reported statements, read against the company's own industry.
What stands out
- Earnings significantly exceed cash generation
Financials view
Market Capitalization
35.86BCNY5.37B · vs all stocks (USD)
Trailing P/E
62.78xvs Communication Equipment peers
Revenue (TTM)
3.36BCNY503.95M · vs all stocks (USD)
Profit Margin
17.00%vs Communication Equipment peers
Beta
0.6360xvs all stocks
52-Week Change
-1.48%vs all stocks
Market Capitalization
35.86BCNY5.37B · vs all stocks (USD)
Enterprise Value
35.02BCNY5.25B · vs all stocks (USD)
Trailing P/E
62.78xvs Communication Equipment peers
Forward P/E
45.84xvs Communication Equipment peers
Price to Sales (TTM)
10.66xvs Communication Equipment peers
Price to Book (MRQ)
5.31xvs Communication Equipment peers
Enterprise to Revenue
10.41xvs Communication Equipment peers
Enterprise to EBITDA
45.43xvs Communication Equipment peers
Gross Margin
46.76%vs Communication Equipment peers
Profit Margin
17.00%vs Communication Equipment peers
Operating Margin
24.58%vs Communication Equipment peers
Return on Assets (TTM)
4.43%vs Communication Equipment peers
Return on Equity (TTM)
8.79%vs Communication Equipment peers
Revenue (TTM)
3.36BCNY503.95M · vs all stocks (USD)
Revenue per Share (TTM)
3.02CNYUpdated Oct 23, 2026Quarterly Revenue Growth
-10.20%vs Communication Equipment peers
Gross Profit (TTM)
1.30BCNY194.56M · vs all stocks (USD)
EBITDA (TTM)
1.27BCNY190.65M · vs all stocks (USD)
Net Income (TTM)
571.89MCNY85.68M · vs all stocks (USD)
Quarterly Earnings Growth (YoY)
-21.30%vs Communication Equipment peers
Operating Cash Flow (TTM)
30.12MCNY4.51M · vs all stocks (USD)
Levered Free Cash Flow (TTM)
-133.56MCNY-20.01M · vs all stocks (USD)
Trailing Annual Dividend Rate
0.1520CNYUpdated Oct 23, 2026Trailing Annual Dividend Yield
0.53%vs all stocks
5-Year Average Dividend Yield
0.78%vs all stocks
Payout Ratio
20.64%vs Communication Equipment peers
Minority Interest (Equity)
315.26MCNYFY2025 · Dec 31, 2025Revenue
3.36BCNYFY2025 · Dec 31, 2025Cost of Goods Sold
2.09BCNYFY2025 · Dec 31, 2025Gross Profit
1.27BCNYFY2025 · Dec 31, 2025Operating Income
852.33MCNY127.70M · vs all stocks (USD)
Pre-tax Income
739.90MCNYFY2025 · Dec 31, 2025Income Tax Expense
100.05MCNYFY2025 · Dec 31, 2025Net Income
639.85MCNYFY2025 · Dec 31, 2025EBIT
745.98MCNYFY2025 · Dec 31, 2025EBITDA (Income Statement)
881.66MCNYFY2025 · Dec 31, 2025Research & Development
216.11MCNYFY2025 · Dec 31, 2025Selling, General & Administrative
64.78MCNYFY2025 · Dec 31, 2025Other Operating Expenses
34.46MCNYFY2025 · Dec 31, 2025Non-operating Interest Income
10.99MCNYFY2025 · Dec 31, 2025Non-operating Interest Expense
6.09MCNYFY2025 · Dec 31, 2025EPS (Basic)
0.5100CNYFY2025 · Dec 31, 2025EPS (Diluted)
0.5100CNYFY2025 · Dec 31, 2025Basic Shares Outstanding
1.23BSharesFY2025 · Dec 31, 2025Diluted Shares Outstanding
1.23BSharesFY2025 · Dec 31, 2025Net Income from Continuing Operations
639.85MCNYFY2025 · Dec 31, 2025Minority Interests (P&L)
-11.34MCNYFY2025 · Dec 31, 2025Preferred Stock Dividends
0.00CNYFY2025 · Dec 31, 2025Operating Cash Flow
-63.87MCNYFY2025 · Dec 31, 2025Free Cash Flow
-101.58MCNYFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
1.75BCNYFY2025 · Dec 31, 2025Starting Profit (CF Statement)
639.85MCNYFY2025 · Dec 31, 2025Other Non-cash Items
10.87MCNYFY2025 · Dec 31, 2025Change in Accounts Receivable (CF)
-659.99MCNYFY2025 · Dec 31, 2025Change in Other Assets/Liabilities
-54.60MCNYFY2025 · Dec 31, 2025Capital Expenditures
-37.71MCNYFY2025 · Dec 31, 2025Purchase of Investments
-8.91MCNYFY2025 · Dec 31, 2025Sale of Investments
16.15MCNYFY2025 · Dec 31, 2025Net Investing Cash Flow
-30.47MCNYFY2025 · Dec 31, 2025Long-term Debt Issuance
189.50MCNYFY2025 · Dec 31, 2025Long-term Debt Payments
-198.80MCNYFY2025 · Dec 31, 2025Common Dividends Paid
-319.93MCNYFY2025 · Dec 31, 2025Other Financing Charges
594.77MCNYFY2025 · Dec 31, 2025Net Financing Cash Flow
265.53MCNYFY2025 · Dec 31, 2025Shares Outstanding
1.24BSharesUpdated Oct 23, 2026Float Shares
403.96MSharesUpdated Oct 23, 2026% Held by Insiders
68.10%vs all stocks
% Held by Institutions
6.80%vs all stocks
Total Cash (MRQ)
1.35BCNY202.42M · vs all stocks (USD)
Total Cash per Share (MRQ)
1.09CNYUpdated Oct 23, 2026Total Debt (MRQ)
188.49MCNY28.24M · vs all stocks (USD)
Total Debt to Equity (MRQ)
0.0267xvs Communication Equipment peers
Current Ratio (MRQ)
2.57xvs Communication Equipment peers
Book Value per Share (MRQ)
5.44CNYUpdated Oct 23, 2026Total Assets
10.54BCNY1.58B · vs all stocks (USD)
Total Current Assets
9.40BCNYFY2025 · Dec 31, 2025Total Liabilities
3.58BCNYFY2025 · Dec 31, 2025Total Non-current Assets
1.15BCNYFY2025 · Dec 31, 2025Total Non-current Liabilities
92.77MCNYFY2025 · Dec 31, 2025Total Current Liabilities
3.49BCNYFY2025 · Dec 31, 2025Cash
9.27MCNYFY2025 · Dec 31, 2025Cash Equivalents
6.89MCNYFY2025 · Dec 31, 2025Cash & Cash Equivalents
1.76BCNYFY2025 · Dec 31, 2025Accounts Receivable
4.50BCNYFY2025 · Dec 31, 2025Inventory
1.82BCNYFY2025 · Dec 31, 2025Accounts Payable
2.69BCNYFY2025 · Dec 31, 2025Short-term Debt
167.98MCNYFY2025 · Dec 31, 2025Other Current Liabilities
49.99MCNYFY2025 · Dec 31, 2025Long-term Debt
13.72MCNYFY2025 · Dec 31, 2025Other Non-current Liabilities
22.46MCNYFY2025 · Dec 31, 2025Common Stock (Book)
1.24BCNYFY2025 · Dec 31, 2025Retained Earnings
3.03BCNYFY2025 · Dec 31, 2025Total Shareholders' Equity
6.96BCNY1.04B · vs all stocks (USD)
52-Week Low
19.36CNYUpdated Oct 23, 202652-Week High
34.97CNYUpdated Oct 23, 202652-Week Change
-1.48%vs all stocks
Beta
0.6360xvs all stocks
50-Day MA
27.71CNYUpdated Oct 23, 2026200-Day MA
26.48CNYUpdated Oct 23, 2026Avg 10-Day Volume
10.78MSharesUpdated Oct 23, 2026Avg 30-Day Volume
9.75MSharesUpdated Oct 23, 2026Diluted EPS (TTM)
0.4600CNYUpdated Oct 23, 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 patternsWhere is this company structurally exposed?
Receivables Heavy and Growing
Money owed by customers keeps growing, and is much of its current assets.
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.
Peer Positioning
Operating margin is 24.6%, higher than 95% of its Communication Equipment peers (median 4.7%)Significant
Operating margin: 0.25Industry median: 0.05Industry P95: 0.23Peers compared: 64.00
Structural Tensions
Earnings significantly exceed cash generationSignificant
Net Income (USD, TTM): 85,680,643.699Operating Cash Flow (USD, TTM): 4,512,617.353
Financial Health
Altman Z-Score 7.63: safe zoneNotable
Altman Z-Score: 7.63
Supply Chain
Midstream position: 5 outgoing, 4 incoming connectionsNotable
Outgoing: 5.00Incoming: 4.00
Scale
Market cap is $5.37B, above the global median of $1.15BNotable
Market cap (USD): 5,373,272,489.055Global Median: 1,150,342,212.262
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