Fenbi Ltd. ^2469.HK

Finances

	2024	2023	2022	2021	2020	2019
Revenue	2.790 B ^{-7.66 %}	3.021 B ^{7.50 %}	2.810 B ^{-18.03 %}	3.429 B ^{60.81 %}	2.132 B ^{83.75 %}	1.160 B
Net income	239.570 M ^{27.05 %}	188.566 M ^{109.03 %}	-2.087 B ^{-2.02 %}	-2.046 B ^{-322.31 %}	-484.472 M ^{-414.45 %}	154.070 M
Income before tax	262.039 M ^{27.85 %}	204.953 M ^{110.02 %}	-2.046 B ^{0.60 %}	-2.058 B ^{-297.92 %}	-517.167 M ^{-381.01 %}	184.036 M
Income before tax ratio	0.09 ^{38.46 %}	0.07 ^{109.32 %}	-0.73 ^{-21.26 %}	-0.60 ^{-147.45 %}	-0.24 ^{-252.93 %}	0.16
EBITDA	266.728 M ^{-14.37 %}	311.488 M ^{116.63 %}	-1.873 B ^{-7.33 %}	-1.745 B ^{-317.02 %}	-418.547 M ^{-296.87 %}	212.603 M
Net income ratio	0.09 ^{37.59 %}	0.06 ^{108.40 %}	-0.74 ^{-24.46 %}	-0.60 ^{-162.62 %}	-0.23 ^{-271.13 %}	0.13
Ratio EBITDA	0.10 ^{-7.26 %}	0.10 ^{115.47 %}	-0.67 ^{-30.93 %}	-0.51 ^{-159.33 %}	-0.20 ^{-207.14 %}	0.18
Gross profit ratio	0.52 ^{1.00 %}	0.52 ^{6.92 %}	0.49 ^{98.14 %}	0.25 ^{6.73 %}	0.23 ^{-50.28 %}	0.46
Weighted average shs out dil	2.195 B ^{-1.39 %}	2.226 B ^{6.16 %}	2.097 B ^{187.85 %}	728.623 M ^{-65.26 %}	2.097 B ^{0.00 %}	2.097 B
Weighted average shs out	2.178 B ^{-7.60 %}	2.357 B ^{12.39 %}	2.097 B ^{187.85 %}	728.624 M ^{-65.26 %}	2.097 B ^{0.00 %}	2.097 B
EPS diluted	0.11 ^{29.87 %}	0.08 ^{108.47 %}	-1.00 ^{64.41 %}	-2.81 ^{-1 121.74 %}	-0.23 ^{-412.93 %}	0.07
Earnings per share	0.11 ^{37.50 %}	0.08 ^{108.00 %}	-1.00 ^{64.41 %}	-2.81 ^{-1 121.74 %}	-0.23 ^{-412.93 %}	0.07
Gross profit	1.464 B ^{-6.74 %}	1.570 B ^{14.95 %}	1.366 B ^{62.42 %}	840.867 M ^{71.63 %}	489.932 M ^{-8.64 %}	536.242 M
Income tax expense	22.469 M ^{37.11 %}	16.387 M ^{-62.05 %}	43.181 M ^{461.11 %}	-11.958 M ^{63.43 %}	-32.695 M ^{-209.11 %}	29.966 M
Cost of revenue	1.326 B ^{-8.66 %}	1.451 B ^{0.47 %}	1.445 B ^{-44.17 %}	2.588 B ^{57.58 %}	1.642 B ^{163.13 %}	624.073 M
General and administrative expenses	411.400 M ^{-12.74 %}	471.478 M ^{-13.28 %}	543.689 M ^{136.61 %}	229.782 M ^{88.51 %}	121.893 M ^{381.70 %}	25.305 M
Selling and marketing expenses	630.874 M ^{-6.39 %}	673.908 M ^{30.41 %}	516.762 M ^{-26.61 %}	704.125 M ^{486.23 %}	120.111 M ^{178.05 %}	43.197 M
Other expenses	-26.636 M ^{-235.85 %}	-7.931 M ^{55.82 %}	-17.950 M ^{-101.29 %}	1.393 B ^{118.45 %}	637.734 M ^{239.34 %}	187.933 M
Operating expenses	1.237 B ^{-10.95 %}	1.389 B ^{12.08 %}	1.239 B ^{-40.69 %}	2.089 B ^{108.08 %}	1.004 B ^{178.50 %}	360.552 M
Cost and expenses	2.563 B ^{-9.78 %}	2.840 B ^{1.76 %}	2.791 B ^{-40.32 %}	4.677 B ^{76.74 %}	2.646 B ^{168.76 %}	984.625 M
Research and development expenses	221.129 M ^{-12.02 %}	251.354 M ^{27.86 %}	196.592 M ^{-31.49 %}	286.959 M ^{130.69 %}	124.389 M ^{19.47 %}	104.117 M
Selling general and administrative expenses	1.042 B ^{-9.00 %}	1.145 B ^{8.01 %}	1.060 B ^{159.13 %}	409.234 M ^{69.10 %}	242.004 M ^{253.28 %}	68.502 M
Interest income	43.240 M ^{-9.82 %}	47.951 M ^{421.49 %}	9.195 M ^{312.52 %}	2.229 M ^{64.26 %}	1.357 M ^{17.69 %}	1.153 M
Interest expense	4.865 M ^{-20.01 %}	6.082 M ^{-49.43 %}	12.027 M ^{-39.87 %}	20.003 M ^{176.44 %}	7.236 M ^{410.30 %}	1.418 M
Depreciation and amortization	39.633 M ^{-60.55 %}	100.453 M ^{-37.30 %}	160.203 M ^{-45.23 %}	292.487 M ^{220.06 %}	91.384 M ^{236.60 %}	27.149 M
Operating income	227.211 M ^{25.52 %}	181.014 M ^{845.59 %}	19.143 M ^{101.53 %}	-1.248 B ^{-144.18 %}	-511.288 M ^{-374.82 %}	186.048 M
Operating income ratio	0.08 ^{35.94 %}	0.06 ^{779.59 %}	0.01 ^{101.87 %}	-0.36 ^{-51.85 %}	-0.24 ^{-249.56 %}	0.16
Total other income expenses net	34.828 M ^{45.49 %}	23.939 M ^{101.16 %}	-2.065 B ^{-153.83 %}	-813.416 M ^{-13 735.96 %}	-5.879 M ^{-192.20 %}	-2.012 M
	2024	2023	2022	2021	2020	2019

	2024	2023	2022	2021	2020	2019
Net debt	-855.385 M ^{-54.61 %}	-553.269 M ^{37.35 %}	-883.124 M ^{-21.95 %}	-724.179 M ^{-2 758.41 %}	-25.335 M ^{73.26 %}	-94.750 M
Total investments	353.345 M ^{-63.00 %}	954.864 M ^{1 462.69 %}	61.104 M ^{502.66 %}	10.139 M ^{-97.12 %}	351.639 M ^{25.50 %}	280.181 M
Total debt	90.568 M ^{-23.42 %}	118.261 M ^{-28.01 %}	164.278 M ^{-62.29 %}	435.688 M ^{41.77 %}	307.315 M ^{358.45 %}	67.033 M
Accumulated other comprehensive income loss	0.000 ^{100.00 %}	-9.351 B ^{-3.73 %}	-9.015 B ^{-6.38 %}	-8.474 B ^{0.55 %}	-8.521 B ^{-15 344.65 %}	55.898 M
Retained earnings	-4.108 B ^{4.64 %}	-4.308 B ^{4.46 %}	-4.509 B ^{-86.47 %}	-2.418 B ^{-557.22 %}	-367.889 M ^{-415.56 %}	116.583 M
Common stock	148.000 K ^{-1.33 %}	150.000 K ^{219.15 %}	47.000 K ^{0.00 %}	47.000 K ^{11.90 %}	42.000 K	0.000
Total equity	1.203 B ^{-5.07 %}	1.268 B ^{111.67 %}	-10.863 B ^{-31.92 %}	-8.235 B ^{-25.22 %}	-6.576 B ^{-3 802.15 %}	177.631 M
Other non current liabilities	10.690 M	0.000 ^{-100.00 %}	11.670 B ^{33.28 %}	8.756 B	0.000	0.000
Long term debt	40.859 M ^{-43.00 %}	71.683 M ^{-29.48 %}	101.650 M ^{-62.06 %}	267.904 M ^{-95.92 %}	6.570 B ^{16 090.25 %}	40.577 M
Total non current liabilities	51.549 M ^{-29.64 %}	73.269 M ^{-99.38 %}	11.772 B ^{30.45 %}	9.024 B ^{37.36 %}	6.570 B ^{16 090.25 %}	40.577 M
Other current liabilities	537.658 M ^{-53.17 %}	1.148 B ^{92.06 %}	597.856 M ^{-36.60 %}	943.058 M ^{-9.19 %}	1.039 B ^{332.84 %}	239.932 M
Deferred revenue	0.000	0.000	0.000 ^{-100.00 %}	191.358 M ^{8.39 %}	176.542 M ^{37.20 %}	128.674 M
Short term debt	49.709 M ^{111.53 %}	-430.989 M ^{-788.17 %}	62.628 M ^{-62.67 %}	167.784 M ^{30.32 %}	128.752 M ^{386.66 %}	26.456 M
Total current liabilities	621.926 M ^{-20.42 %}	781.495 M ^{7.85 %}	724.599 M ^{-46.44 %}	1.353 B ^{-1.66 %}	1.376 B ^{221.63 %}	427.686 M
Total liabilities	673.475 M ^{-21.21 %}	854.764 M ^{-93.16 %}	12.496 B ^{20.43 %}	10.377 B ^{30.61 %}	7.945 B ^{1 596.72 %}	468.263 M
Other non current assets	49.654 M ^{316.14 %}	11.932 M ^{-9.68 %}	13.211 M ^{-62.50 %}	35.234 M ^{156.28 %}	13.748 M ^{22.31 %}	11.240 M
Long term investments	200.123 M	0.000	0.000	0.000	0.000	0.000
Intangible assets	2.994 M ^{715.80 %}	367.000 K ^{-58.01 %}	874.000 K ^{-0.91 %}	882.000 K ^{27.64 %}	691.000 K ^{-10.26 %}	770.000 K
GoodWill	0.000	0.000	0.000	0.000	0.000	0.000
Goodwill and intangible assets	2.994 M ^{715.80 %}	367.000 K ^{-58.01 %}	874.000 K ^{-0.91 %}	882.000 K ^{27.64 %}	691.000 K ^{-10.26 %}	770.000 K
Property plant equipment net	172.085 M ^{-28.37 %}	240.241 M ^{-17.71 %}	291.946 M ^{-55.82 %}	660.785 M ^{40.09 %}	471.694 M ^{429.69 %}	89.051 M
Total non current assets	424.856 M ^{45.27 %}	292.456 M ^{-14.86 %}	343.498 M ^{-54.90 %}	761.709 M ^{44.78 %}	526.126 M ^{420.60 %}	101.061 M
Other current assets	44.495 M ^{-35.98 %}	69.499 M ^{16.69 %}	59.560 M ^{-36.73 %}	94.134 M ^{23.04 %}	76.507 M ^{68.17 %}	45.493 M
Short term investments	153.222 M ^{-83.95 %}	954.864 M ^{1 462.69 %}	61.104 M ^{502.66 %}	10.139 M ^{-97.12 %}	351.639 M ^{25.50 %}	280.181 M
cash and cash equivalents	945.953 M ^{40.87 %}	671.530 M ^{-35.89 %}	1.047 B ^{-9.70 %}	1.160 B ^{248.67 %}	332.650 M ^{105.61 %}	161.783 M
Cash and short term investments	1.223 B ^{-24.81 %}	1.626 B ^{46.72 %}	1.109 B ^{-5.26 %}	1.170 B ^{70.98 %}	684.289 M ^{54.83 %}	441.964 M
Total current assets	1.452 B ^{-20.65 %}	1.830 B ^{41.86 %}	1.290 B ^{-6.56 %}	1.381 B ^{63.80 %}	842.807 M ^{54.69 %}	544.833 M
Inventory	77.042 M ^{26.33 %}	60.987 M ^{-35.24 %}	94.173 M ^{8.00 %}	87.197 M ^{18.07 %}	73.849 M ^{40.30 %}	52.636 M
Net receivables	107.590 M ^{47.04 %}	73.172 M ^{163.41 %}	27.779 M ^{-4.79 %}	29.177 M ^{257.47 %}	8.162 M ^{72.19 %}	4.740 M
Tax assets	0.000 ^{-100.00 %}	39.916 M ^{6.54 %}	37.467 M ^{-42.19 %}	64.808 M ^{62.05 %}	39.993 M	0.000
Other assets	0.000	0.000	0.000	0.000	0.000	0.000
Account payables	34.559 M ^{14.12 %}	30.283 M ^{37.59 %}	22.010 M ^{-22.58 %}	28.431 M ^{150.98 %}	11.328 M ^{-14.77 %}	13.291 M
Tax payables	0.000 ^{-100.00 %}	33.980 M ^{-19.30 %}	42.105 M ^{89.97 %}	22.164 M ^{8.44 %}	20.439 M ^{5.72 %}	19.333 M
Deferred revenue non current	0.000 ^{-100.00 %}	1.539 M ^{9.30 %}	1.408 M	0.000	0.000	0.000
Minority interest	0.000	0.000	0.000	0.000	0.000	0.000
Capital lease obligations	90.568 M ^{-23.42 %}	118.261 M ^{-28.01 %}	164.278 M ^{-62.29 %}	435.688 M ^{41.77 %}	307.315 M ^{358.45 %}	67.033 M
Preferred stock	0.000	0.000 ^{-100.00 %}	9.015 B ^{6.38 %}	8.474 B ^{-0.55 %}	8.521 B	0.000
Other total stockholders equity	5.311 B ^{-64.42 %}	14.926 B ^{334.90 %}	-6.354 B ^{-9.24 %}	-5.817 B ^{6.31 %}	-6.208 B	0.000
Deferred tax liabilities non current	0.000 ^{-100.00 %}	47.000 K ^{123.81 %}	21.000 K	0.000	0.000	0.000
Other liabilities	0.000	0.000	0.000	0.000	0.000	0.000
Total assets	1.877 B ^{-11.57 %}	2.123 B ^{29.93 %}	1.634 B ^{-23.75 %}	2.142 B ^{56.49 %}	1.369 B ^{111.94 %}	645.894 M
	2024	2023	2022	2021	2020	2019

	2024	2023	2022	2021	2020	2019
Deferred income tax	0.000	0.000	0.000 ^{100.00 %}	-40.913 M ^{-392.28 %}	-8.311 M ^{56.96 %}	-19.311 M
Stock based compensation	122.962 M ^{-51.15 %}	251.711 M ^{24.81 %}	201.680 M ^{-38.05 %}	325.542 M ^{167.63 %}	121.637 M ^{474.55 %}	21.171 M
Change in working capital	-158.030 M ^{-382.12 %}	56.016 M ^{111.59 %}	-483.432 M ^{-95.14 %}	-247.732 M ^{-132.35 %}	765.703 M ^{249.57 %}	219.042 M
Accounts receivables	21.390 M ^{142.71 %}	-50.082 M ^{-191.20 %}	54.914 M ^{194.90 %}	-57.865 M ^{-0.47 %}	-57.597 M ^{-1 572.32 %}	3.912 M
Inventory	-19.777 M ^{-159.59 %}	33.186 M ^{575.72 %}	-6.976 M ^{47.74 %}	-13.348 M ^{37.08 %}	-21.213 M ^{-220.67 %}	17.580 M
Accounts payables	0.000	0.000 ^{100.00 %}	-54.914 M ^{-194.90 %}	57.865 M ^{0.47 %}	57.597 M ^{1 572.32 %}	-3.912 M
Other working capital	-159.643 M ^{-318.95 %}	72.912 M ^{115.30 %}	-476.456 M ^{-103.28 %}	-234.384 M ^{-129.79 %}	786.916 M ^{290.60 %}	201.462 M
Other non cash items	-12.021 M ^{52.47 %}	-25.294 M ^{-101.21 %}	2.083 B ^{156.09 %}	813.416 M ^{13 735.96 %}	5.879 M ^{192.20 %}	2.012 M
Net cash provided by operating activities	290.958 M ^{-50.50 %}	587.839 M ^{799.87 %}	-83.992 M ^{90.82 %}	-915.129 M ^{-299.32 %}	459.125 M ^{5.77 %}	434.099 M
Investments in property plant and equipment	-18.311 M ^{67.45 %}	-56.254 M ^{-55.77 %}	-36.114 M ^{83.53 %}	-219.292 M ^{-61.75 %}	-135.571 M ^{-881.62 %}	-13.811 M
Acquisitions net	2.443 M	0.000	0.000 ^{-100.00 %}	289.000 K ^{141.29 %}	-700.000 K ^{-205.42 %}	664.000 K
Purchases of investments	-1.882 B ^{25.26 %}	-2.518 B ^{26.66 %}	-3.434 B ^{6.98 %}	-3.691 B ^{-244.34 %}	-1.072 B ^{-43.77 %}	-745.640 M
Sales maturities of investments	2.362 B ^{43.01 %}	1.652 B ^{-51.29 %}	3.391 B ^{-16.32 %}	4.052 B ^{301.09 %}	1.010 B ^{114.84 %}	470.280 M
Other investing activites	5.764 M ^{-50.36 %}	11.612 M ^{-72.47 %}	42.181 M ^{190.66 %}	14.512 M ^{45.48 %}	9.975 M ^{2 745.89 %}	-377.000 K
Net cash used for investing activites	469.446 M ^{151.50 %}	-911.537 M ^{-2 377.54 %}	-36.792 M ^{-123.51 %}	156.516 M ^{183.26 %}	-187.977 M ^{34.93 %}	-288.884 M
Debt repayment	-54.699 M ^{5.59 %}	-57.940 M ^{31.75 %}	-84.891 M ^{46.24 %}	-157.904 M ^{-57.46 %}	-100.281 M ^{-46.29 %}	-68.550 M
Common stock issued	0.000 ^{-100.00 %}	173.114 M	0.000	0.000	0.000	0.000
Common stock repurchased	-443.961 M ^{-149.73 %}	-177.776 M	0.000 ^{100.00 %}	-754.310 M	0.000	0.000
Dividends paid	0.000	0.000	0.000	0.000	0.000	0.000
Other financing activites	0.000 ^{100.00 %}	-11.894 M ^{-3 278.98 %}	-352.000 K ^{-100.02 %}	1.770 B	0.000 ^{100.00 %}	-22.176 M
Net cash used provided by financing activities	-498.660 M ^{-569.38 %}	-74.496 M ^{12.61 %}	-85.243 M ^{-105.29 %}	1.612 B ^{1 707.92 %}	-100.281 M ^{-10.53 %}	-90.726 M
Effect of forex changes on cash	12.679 M ^{-43.20 %}	22.322 M ^{-76.14 %}	93.562 M ^{451.64 %}	-26.607 M	0.000 ^{100.00 %}	-1.747 M
Net change in cash	274.423 M ^{173.01 %}	-375.872 M ^{-234.21 %}	-112.465 M ^{-113.60 %}	827.217 M ^{384.13 %}	170.867 M ^{223.97 %}	52.742 M
Cash at beginning of period	671.530 M ^{-35.89 %}	1.047 B ^{-9.70 %}	1.160 B ^{248.67 %}	332.650 M ^{105.61 %}	161.783 M ^{48.37 %}	109.041 M
Cash at end of period	945.953 M ^{40.87 %}	671.530 M ^{-35.89 %}	1.047 B ^{-9.70 %}	1.160 B ^{248.67 %}	332.650 M ^{105.61 %}	161.783 M
Operating cash flow	290.958 M ^{-50.50 %}	587.839 M ^{799.87 %}	-83.992 M ^{90.82 %}	-915.129 M ^{-299.32 %}	459.125 M ^{5.77 %}	434.099 M
Capital expenditure	-21.217 M ^{62.28 %}	-56.254 M ^{-55.77 %}	-36.114 M ^{83.53 %}	-219.292 M ^{-61.75 %}	-135.571 M ^{-881.62 %}	-13.811 M
Free CashFlow	269.741 M ^{-49.26 %}	531.585 M ^{542.60 %}	-120.106 M ^{89.41 %}	-1.134 B ^{-450.61 %}	323.554 M ^{-23.02 %}	420.288 M
	2024	2023	2022	2021	2020	2019

	2025-06-30	2024-12-31	2024-06-30	2023-12-31	2023-06-30	2022-12-31	2022-06-30	2021-12-31	2021-06-30
Revenue	1.492 B ^{28.69 %}	1.159 B ^{-28.90 %}	1.630 B ^{21.77 %}	1.339 B ^{-20.41 %}	1.682 B ^{23.76 %}	1.359 B ^{-6.32 %}	1.451 B ^{-5.97 %}	1.543 B ^{-18.15 %}	1.885 B
Net income	226.651 M ^{693.81 %}	-38.169 M ^{-113.74 %}	277.739 M ^{159.35 %}	107.090 M ^{31.44 %}	81.476 M ^{104.80 %}	-1.697 B ^{-333.15 %}	-391.770 M ^{64.40 %}	-1.100 B ^{-16.39 %}	-945.513 M
Income before tax	235.712 M ^{1 033.48 %}	-25.251 M ^{-108.79 %}	287.290 M ^{122.27 %}	129.252 M ^{70.74 %}	75.701 M ^{104.49 %}	-1.684 B ^{-366.24 %}	-361.249 M ^{66.79 %}	-1.088 B ^{-12.10 %}	-970.282 M
Income before tax ratio	0.16 ^{825.35 %}	-0.02 ^{-112.36 %}	0.18 ^{82.53 %}	0.10 ^{114.52 %}	0.04 ^{103.63 %}	-1.24 ^{-397.67 %}	-0.25 ^{64.68 %}	-0.70 ^{-36.96 %}	-0.51
EBITDA	225.418 M ^{879.45 %}	-28.920 M ^{-110.26 %}	281.801 M ^{156.19 %}	109.997 M ^{-11.38 %}	124.124 M ^{56.30 %}	79.416 M ^{-35.15 %}	122.468 M ^{126.76 %}	-457.720 M ^{35.13 %}	-705.602 M
Net income ratio	0.15 ^{561.42 %}	-0.03 ^{-119.33 %}	0.17 ^{112.99 %}	0.08 ^{65.14 %}	0.05 ^{103.88 %}	-1.25 ^{-362.34 %}	-0.27 ^{62.14 %}	-0.71 ^{-42.20 %}	-0.50
Ratio EBITDA	0.15 ^{705.67 %}	-0.02 ^{-114.43 %}	0.17 ^{110.39 %}	0.08 ^{11.34 %}	0.07 ^{26.29 %}	0.06 ^{-30.78 %}	0.08 ^{128.45 %}	-0.30 ^{20.74 %}	-0.37
Gross profit ratio	0.54 ^{7.80 %}	0.50 ^{-7.52 %}	0.54 ^{1.56 %}	0.53 ^{4.86 %}	0.51 ^{2.22 %}	0.50 ^{4.74 %}	0.48 ^{41.43 %}	0.34 ^{96.34 %}	0.17
Weighted average shs out dil	2.163 B ^{2.12 %}	2.118 B ^{-3.84 %}	2.203 B ^{-5.05 %}	2.320 B ^{8.78 %}	2.133 B ^{192.72 %}	728.623 M ^{0.00 %}	728.623 M ^{0.00 %}	728.623 M ^{0.00 %}	728.623 M
Weighted average shs out	2.267 B ^{21.78 %}	1.861 B ^{-14.12 %}	2.167 B ^{-19.05 %}	2.677 B ^{31.43 %}	2.037 B ^{179.69 %}	728.299 M ^{0.39 %}	725.500 M ^{-0.43 %}	728.624 M ^{0.18 %}	727.318 M
EPS diluted	0.10 ^{585.44 %}	-0.02 ^{-116.35 %}	0.13 ^{172.73 %}	0.05 ^{20.94 %}	0.04 ^{101.65 %}	-2.32 ^{-329.63 %}	-0.54 ^{64.47 %}	-1.52 ^{-16.92 %}	-1.30
Earnings per share	0.11 ^{677.17 %}	-0.02 ^{-114.35 %}	0.13 ^{220.50 %}	0.04 ^{0.00 %}	0.04 ^{101.71 %}	-2.34 ^{-333.33 %}	-0.54 ^{64.47 %}	-1.52 ^{-16.92 %}	-1.30
Gross profit	805.748 M ^{38.74 %}	580.775 M ^{-34.24 %}	883.203 M ^{23.67 %}	714.143 M ^{-16.54 %}	855.680 M ^{26.51 %}	676.394 M ^{-1.87 %}	689.311 M ^{32.99 %}	518.324 M ^{60.70 %}	322.543 M
Income tax expense	9.061 M ^{-29.86 %}	12.918 M ^{35.25 %}	9.551 M ^{-56.90 %}	22.162 M ^{283.76 %}	5.775 M ^{-54.38 %}	12.660 M ^{-58.52 %}	30.521 M ^{138.24 %}	12.811 M ^{-48.28 %}	24.769 M
Cost of revenue	686.204 M ^{18.61 %}	578.536 M ^{-22.58 %}	747.267 M ^{19.59 %}	624.842 M ^{-24.41 %}	826.653 M ^{21.03 %}	683.003 M ^{-10.33 %}	761.721 M ^{-25.67 %}	1.025 B ^{-34.43 %}	1.563 B
General and administrative expenses	182.352 M ^{-14.76 %}	213.919 M ^{8.32 %}	197.481 M ^{30.24 %}	151.631 M ^{-52.59 %}	319.847 M ^{14.74 %}	278.767 M ^{5.23 %}	264.922 M ^{-53.04 %}	564.143 M ^{1.51 %}	555.743 M
Selling and marketing expenses	306.263 M ^{-1.38 %}	310.563 M ^{-3.04 %}	320.311 M ^{-13.35 %}	369.653 M ^{21.49 %}	304.255 M ^{15.41 %}	263.620 M ^{4.14 %}	253.142 M ^{-20.46 %}	318.272 M ^{-17.51 %}	385.853 M
Other expenses	-9.784 M ^{27.56 %}	-13.507 M ^{-2.88 %}	-13.129 M	0.000	0.000	0.000	0.000	0.000	0.000
Operating expenses	586.704 M ^{-5.96 %}	623.882 M ^{1.79 %}	612.885 M ^{-0.32 %}	614.854 M ^{-22.36 %}	791.885 M ^{-66.49 %}	2.363 B ^{126.06 %}	1.045 B ^{-34.59 %}	1.598 B ^{24.57 %}	1.283 B
Cost and expenses	1.273 B ^{5.86 %}	1.202 B ^{-11.60 %}	1.360 B ^{9.72 %}	1.240 B ^{-23.41 %}	1.619 B ^{-46.86 %}	3.046 B ^{68.57 %}	1.807 B ^{-31.11 %}	2.623 B ^{-7.83 %}	2.846 B
Research and development expenses	107.873 M ^{-4.46 %}	112.907 M ^{4.33 %}	108.222 M ^{-0.04 %}	108.262 M ^{-24.34 %}	143.092 M ^{28.63 %}	111.244 M ^{30.34 %}	85.348 M ^{-51.31 %}	175.292 M ^{56.98 %}	111.667 M
Selling general and administrative expenses	488.615 M ^{-6.84 %}	524.482 M ^{1.29 %}	517.792 M ^{-0.67 %}	521.284 M ^{-16.47 %}	624.102 M ^{15.07 %}	542.387 M ^{4.69 %}	518.064 M ^{-39.65 %}	858.439 M ^{-11.10 %}	965.572 M
Interest income	0.000	0.000	0.000	0.000 ^{-100.00 %}	11.906 M ^{395.26 %}	2.404 M ^{-54.09 %}	5.236 M ^{-33.50 %}	7.874 M ^{-20.46 %}	9.900 M
Interest expense	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Depreciation and amortization	9.373 M ^{-27.30 %}	12.893 M ^{0.00 %}	12.893 M ^{-29.76 %}	18.356 M ^{-13.73 %}	21.277 M ^{-21.26 %}	27.022 M ^{-14.20 %}	31.495 M ^{-17.38 %}	38.119 M ^{-4.42 %}	39.881 M
Operating income	219.044 M ^{608.14 %}	-43.107 M ^{-115.95 %}	270.318 M ^{194.97 %}	91.641 M ^{-10.90 %}	102.847 M ^{96.30 %}	52.394 M ^{-42.41 %}	90.973 M ^{118.35 %}	-495.839 M ^{33.49 %}	-745.483 M
Operating income ratio	0.15 ^{494.85 %}	-0.04 ^{-122.43 %}	0.17 ^{142.24 %}	0.07 ^{11.95 %}	0.06 ^{58.62 %}	0.04 ^{-38.52 %}	0.06 ^{119.51 %}	-0.32 ^{18.73 %}	-0.40
Total other income expenses net	16.668 M ^{-6.65 %}	17.856 M ^{5.21 %}	16.972 M ^{-54.87 %}	37.611 M ^{599.74 %}	5.375 M ^{100.32 %}	-1.673 B ^{-269.86 %}	-452.222 M ^{20.81 %}	-571.058 M ^{-135.63 %}	-242.358 M
	2025-06-30	2024-12-31	2024-06-30	2023-12-31	2023-06-30	2022-12-31	2022-06-30	2021-12-31	2021-06-30

	2025-06-30	2024-12-31	2024-06-30	2023-12-31	2023-06-30	2022-12-31	2022-06-30	2021-12-31	2021-06-30
Net debt	-903.927 M ^{-5.67 %}	-855.385 M ^{-49.85 %}	-570.834 M ^{-3.17 %}	-553.269 M ^{53.83 %}	-1.198 B ^{-35.69 %}	-883.124 M ^{9.37 %}	-974.455 M ^{-34.56 %}	-724.179 M ^{-205.83 %}	684.289 M
Total investments	361.062 M ^{2.18 %}	353.345 M ^{-27.11 %}	484.744 M ^{-36.19 %}	759.618 M ^{163.91 %}	287.831 M ^{371.05 %}	61.104 M	0.000 ^{-100.00 %}	10.139 M ^{-99.26 %}	1.369 B
Total debt	69.625 M ^{-23.12 %}	90.568 M ^{-23.64 %}	118.610 M ^{0.30 %}	118.261 M ^{-13.71 %}	137.050 M ^{-16.57 %}	164.278 M ^{-41.13 %}	279.074 M ^{-35.95 %}	435.688 M	0.000
Accumulated other comprehensive income loss	-9.731 B ^{-3.25 %}	-9.424 B ^{-0.42 %}	-9.385 B ^{-0.37 %}	-9.351 B ^{-6.72 %}	-8.763 B ^{2.80 %}	-9.015 B ^{-2.60 %}	-8.786 B ^{-3.68 %}	-8.474 B ^{-28.87 %}	-6.576 B
Retained earnings	-3.881 B ^{5.52 %}	-4.108 B ^{-1.94 %}	-4.030 B ^{6.83 %}	-4.325 B ^{2.31 %}	-4.427 B ^{1.81 %}	-4.509 B ^{-60.44 %}	-2.810 B ^{-16.22 %}	-2.418 B	0.000
Common stock	149.000 K ^{0.68 %}	148.000 K ^{-2.63 %}	152.000 K ^{1.33 %}	150.000 K ^{1.35 %}	148.000 K ^{214.89 %}	47.000 K ^{0.00 %}	47.000 K ^{0.00 %}	47.000 K	0.000
Total equity	1.471 B ^{22.21 %}	1.203 B ^{-5.23 %}	1.270 B ^{0.16 %}	1.268 B ^{0.11 %}	1.266 B ^{111.66 %}	-10.863 B ^{-21.53 %}	-8.938 B ^{-8.55 %}	-8.235 B ^{-25.22 %}	-6.576 B
Other non current liabilities	2.253 M ^{-78.92 %}	10.690 M ^{1 079.91 %}	906.000 K	0.000	0.000 ^{-100.00 %}	11.670 B ^{21.37 %}	9.615 B ^{9.81 %}	8.756 B	0.000
Long term debt	23.804 M ^{-41.74 %}	40.859 M ^{-40.07 %}	68.175 M ^{-4.89 %}	71.683 M ^{-15.22 %}	84.555 M ^{-16.82 %}	101.650 M ^{-41.00 %}	172.296 M ^{-35.69 %}	267.904 M	0.000
Total non current liabilities	26.057 M ^{-49.45 %}	51.549 M ^{-25.38 %}	69.081 M ^{-5.72 %}	73.269 M ^{-14.62 %}	85.813 M ^{-99.27 %}	11.772 B ^{20.27 %}	9.788 B ^{8.46 %}	9.024 B	0.000
Other current liabilities	502.350 M ^{-6.57 %}	537.658 M ^{-10.90 %}	603.443 M ^{-10.02 %}	670.654 M ^{273.26 %}	179.674 M ^{-69.95 %}	597.856 M ^{-29.05 %}	842.620 M ^{-25.72 %}	1.134 B	0.000
Deferred revenue	0.000	0.000	0.000 ^{-100.00 %}	477.567 M ^{-3.23 %}	493.514 M	0.000	0.000 ^{-100.00 %}	191.358 M	0.000
Short term debt	45.821 M ^{-7.82 %}	49.709 M ^{-1.44 %}	50.435 M ^{111.70 %}	-430.989 M ^{2.27 %}	-441.019 M ^{-804.19 %}	62.628 M ^{-41.35 %}	106.778 M ^{-36.36 %}	167.784 M	0.000
Total current liabilities	566.238 M ^{-8.95 %}	621.926 M ^{-8.81 %}	682.026 M ^{-12.73 %}	781.495 M ^{-2.25 %}	799.461 M ^{10.33 %}	724.599 M ^{-36.66 %}	1.144 B ^{-15.44 %}	1.353 B	0.000
Total liabilities	592.295 M ^{-12.05 %}	673.475 M ^{-10.34 %}	751.107 M ^{-12.13 %}	854.764 M ^{-3.45 %}	885.274 M ^{-92.92 %}	12.496 B ^{14.31 %}	10.932 B ^{5.35 %}	10.377 B	0.000
Other non current assets	71.414 M ^{43.82 %}	49.654 M ^{-4.45 %}	51.969 M ^{-74.66 %}	205.122 M ^{1 786.18 %}	10.875 M ^{-17.68 %}	13.211 M ^{-35.68 %}	20.538 M ^{-41.71 %}	35.234 M ^{105.15 %}	-684.289 M
Long term investments	200.098 M ^{-0.01 %}	200.123 M ^{0.03 %}	200.066 M ^{202.47 %}	-195.246 M	0.000	0.000	0.000	0.000	0.000
Intangible assets	2.696 M ^{-9.95 %}	2.994 M ^{778.01 %}	341.000 K ^{-7.08 %}	367.000 K ^{-6.85 %}	394.000 K ^{-54.92 %}	874.000 K ^{5.68 %}	827.000 K ^{-6.24 %}	882.000 K	0.000
GoodWill	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Goodwill and intangible assets	2.696 M ^{-9.95 %}	2.994 M ^{778.01 %}	341.000 K ^{-7.08 %}	367.000 K ^{-6.85 %}	394.000 K ^{-54.92 %}	874.000 K ^{5.68 %}	827.000 K ^{-6.24 %}	882.000 K	0.000
Property plant equipment net	144.841 M ^{-15.83 %}	172.085 M ^{-12.66 %}	197.030 M ^{-18.68 %}	242.297 M ^{-0.18 %}	242.740 M ^{-16.85 %}	291.946 M ^{-32.72 %}	433.916 M ^{-34.33 %}	660.785 M	0.000
Total non current assets	419.049 M ^{-1.37 %}	424.856 M ^{-5.46 %}	449.406 M ^{53.67 %}	292.456 M ^{-4.62 %}	306.638 M ^{-10.73 %}	343.498 M ^{-30.85 %}	496.768 M ^{-34.78 %}	761.709 M ^{211.31 %}	-684.289 M
Other current assets	156.697 M ^{252.17 %}	44.495 M ^{-63.83 %}	123.011 M ^{77.00 %}	69.499 M ^{7.66 %}	64.553 M ^{8.38 %}	59.560 M ^{-21.51 %}	75.885 M ^{-19.39 %}	94.134 M	0.000
Short term investments	160.964 M ^{5.05 %}	153.222 M ^{-46.18 %}	284.678 M ^{-70.19 %}	954.864 M ^{231.74 %}	287.831 M ^{371.05 %}	61.104 M	0.000 ^{-100.00 %}	10.139 M ^{-99.26 %}	1.369 B
cash and cash equivalents	973.552 M ^{2.92 %}	945.953 M ^{37.21 %}	689.444 M ^{2.67 %}	671.530 M ^{-49.71 %}	1.335 B ^{27.49 %}	1.047 B ^{-16.44 %}	1.254 B ^{8.08 %}	1.160 B ^{269.50 %}	-684.289 M
Cash and short term investments	1.331 B ^{8.84 %}	1.223 B ^{-4.60 %}	1.282 B ^{-21.18 %}	1.626 B ^{0.20 %}	1.623 B ^{46.43 %}	1.109 B ^{-11.57 %}	1.254 B ^{7.14 %}	1.170 B ^{70.98 %}	684.289 M
Total current assets	1.644 B ^{13.21 %}	1.452 B ^{-7.60 %}	1.572 B ^{-14.13 %}	1.830 B ^{-0.81 %}	1.845 B ^{43.02 %}	1.290 B ^{-13.80 %}	1.497 B ^{8.40 %}	1.381 B ^{101.74 %}	684.289 M
Inventory	65.573 M ^{-14.89 %}	77.042 M ^{28.62 %}	59.897 M ^{-1.79 %}	60.987 M ^{-25.08 %}	81.404 M ^{-13.56 %}	94.173 M ^{6.13 %}	88.732 M ^{1.76 %}	87.197 M	0.000
Net receivables	90.632 M ^{-15.76 %}	107.590 M ^{0.87 %}	106.666 M ^{45.77 %}	73.172 M ^{-3.50 %}	75.829 M ^{172.97 %}	27.779 M ^{-64.55 %}	78.365 M ^{168.58 %}	29.177 M	0.000
Tax assets	0.000	0.000	0.000 ^{-100.00 %}	39.916 M ^{-24.16 %}	52.629 M ^{40.47 %}	37.467 M ^{-9.69 %}	41.487 M ^{-35.98 %}	64.808 M	0.000
Other assets	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Account payables	18.067 M ^{-47.72 %}	34.559 M ^{22.78 %}	28.148 M ^{-7.05 %}	30.283 M ^{-4.55 %}	31.728 M ^{44.15 %}	22.010 M ^{-86.88 %}	167.808 M ^{490.23 %}	28.431 M	0.000
Tax payables	0.000	0.000	0.000 ^{-100.00 %}	33.980 M ^{-19.19 %}	42.050 M ^{-0.13 %}	42.105 M ^{57.21 %}	26.782 M ^{20.84 %}	22.164 M	0.000
Deferred revenue non current	0.000	0.000	0.000 ^{-100.00 %}	1.539 M ^{22.34 %}	1.258 M ^{-10.65 %}	1.408 M ^{40.80 %}	1.000 M	0.000	0.000
Minority interest	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Capital lease obligations	69.625 M ^{-23.12 %}	90.568 M ^{-23.64 %}	118.610 M ^{0.30 %}	118.261 M ^{-13.71 %}	137.050 M ^{-16.57 %}	164.278 M ^{-41.13 %}	279.074 M ^{-35.95 %}	435.688 M	0.000
Preferred stock	0.000	0.000	0.000	0.000 ^{-100.00 %}	8.763 B ^{-2.80 %}	9.015 B ^{2.60 %}	8.786 B ^{3.68 %}	8.474 B	0.000
Other total stockholders equity	15.082 B ^{2.63 %}	14.696 B ^{0.07 %}	14.685 B ^{-1.73 %}	14.944 B ^{3.37 %}	14.456 B ^{445.85 %}	2.648 B ^{0.00 %}	2.648 B ^{0.00 %}	2.648 B	0.000
Deferred tax liabilities non current	0.000	0.000	0.000 ^{-100.00 %}	47.000 K ^{103.74 %}	-1.258 M ^{-6 090.48 %}	21.000 K	0.000	0.000	0.000
Other liabilities	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Total assets	2.063 B ^{9.91 %}	1.877 B ^{-7.13 %}	2.021 B ^{-4.79 %}	2.123 B ^{-1.35 %}	2.152 B ^{31.71 %}	1.634 B ^{-18.05 %}	1.993 B ^{-6.95 %}	2.142 B	0.000
	2025-06-30	2024-12-31	2024-06-30	2023-12-31	2023-06-30	2022-12-31	2022-06-30	2021-12-31	2021-06-30

	2025-06-30	2024-12-31	2024-06-30	2023-12-31	2023-06-30	2022-12-31	2022-06-30	2021-12-31	2021-06-30
Deferred income tax	0.000	0.000	0.000	0.000	0.000 ^{100.00 %}	-184.012 M	0.000	0.000	0.000
Stock based compensation	44.808 M ^{-13.17 %}	51.604 M ^{-27.68 %}	71.358 M ^{42.72 %}	50.000 M ^{-75.21 %}	201.711 M ^{70.23 %}	118.492 M ^{42.44 %}	83.188 M ^{-80.67 %}	430.298 M ^{2 984.23 %}	-14.919 M
Change in working capital	0.000 ^{100.00 %}	-46.273 M	0.000 ^{100.00 %}	-70.519 M	0.000 ^{100.00 %}	-344.458 M	0.000 ^{100.00 %}	-354.788 M ^{-272.13 %}	206.116 M
Accounts receivables	0.000 ^{-100.00 %}	21.390 M	0.000 ^{100.00 %}	-50.082 M	0.000 ^{-100.00 %}	70.961 M	0.000 ^{-100.00 %}	119.407 M ^{167.36 %}	-177.272 M
Inventory	0.000 ^{100.00 %}	-19.777 M	0.000 ^{-100.00 %}	33.186 M	0.000 ^{100.00 %}	-5.441 M	0.000 ^{-100.00 %}	42.510 M ^{176.10 %}	-55.858 M
Accounts payables	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Other working capital	0.000 ^{100.00 %}	-47.886 M	0.000 ^{100.00 %}	-53.623 M	0.000 ^{100.00 %}	-409.978 M	0.000 ^{100.00 %}	-516.705 M ^{-217.63 %}	439.246 M
Other non cash items	-93.902 M ^{-205.38 %}	89.106 M ^{157.69 %}	-154.462 M ^{-295.96 %}	78.823 M ^{102.73 %}	38.881 M ^{-97.54 %}	1.578 B ^{492.44 %}	266.429 M ^{9.98 %}	242.256 M ^{-26.48 %}	329.490 M
Net cash provided by operating activities	213.278 M ^{279.04 %}	56.268 M ^{-76.02 %}	234.690 M ^{10.39 %}	212.592 M ^{-43.35 %}	375.247 M ^{365.44 %}	-141.369 M ^{-346.39 %}	57.377 M ^{109.13 %}	-628.602 M ^{-119.39 %}	-286.527 M
Investments in property plant and equipment	-3.088 M ^{74.76 %}	-12.233 M ^{-101.27 %}	-6.078 M ^{86.93 %}	-46.499 M ^{-376.67 %}	-9.755 M ^{37.08 %}	-15.504 M ^{24.39 %}	-20.505 M ^{42.61 %}	-35.731 M ^{80.50 %}	-183.272 M
Acquisitions net	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Purchases of investments	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Sales maturities of investments	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Other investing activites	-152.020 M ^{-146.85 %}	324.456 M ^{98.69 %}	163.301 M ^{125.65 %}	-636.709 M ^{-191.30 %}	-218.574 M ^{-367.76 %}	-46.728 M ^{-201.70 %}	45.945 M ^{-93.47 %}	703.961 M ^{314.33 %}	-328.442 M
Net cash used for investing activites	-155.108 M ^{-149.68 %}	312.223 M ^{98.59 %}	157.223 M ^{123.01 %}	-683.208 M ^{-199.22 %}	-228.329 M ^{-266.90 %}	-62.232 M ^{-344.62 %}	25.440 M ^{-96.19 %}	668.230 M ^{230.59 %}	-511.714 M
Debt repayment	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Common stock issued	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Common stock repurchased	0.000 ^{100.00 %}	-88.359 M ^{75.15 %}	-355.602 M ^{-186.14 %}	-124.274 M ^{-132.28 %}	-53.502 M	0.000	0.000	0.000	0.000
Dividends paid	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Other financing activites	-26.626 M ^{16.75 %}	-31.985 M ^{-40.82 %}	-22.714 M ^{20.72 %}	-28.651 M ^{-121.72 %}	131.931 M ^{473.23 %}	-35.348 M ^{29.16 %}	-49.895 M ^{12.69 %}	-57.146 M ^{-103.42 %}	1.670 B
Net cash used provided by financing activities	-26.626 M ^{77.88 %}	-120.344 M ^{68.19 %}	-378.316 M ^{-147.39 %}	-152.925 M ^{-294.99 %}	78.429 M ^{321.88 %}	-35.348 M ^{29.16 %}	-49.895 M ^{12.69 %}	-57.146 M ^{-103.42 %}	1.670 B
Effect of forex changes on cash	-3.945 M	0.000 ^{-100.00 %}	4.317 M ^{110.72 %}	-40.258 M ^{-164.33 %}	62.580 M ^{90.66 %}	32.822 M ^{-45.96 %}	60.740 M ^{398.15 %}	-20.372 M ^{-226.74 %}	-6.235 M
Net change in cash	0.000	0.000 ^{-100.00 %}	8.957 M ^{102.70 %}	-331.900 M ^{-330.54 %}	143.964 M ^{239.68 %}	-103.064 M ^{-320.08 %}	46.831 M ^{347.19 %}	-18.945 M ^{-104.38 %}	432.554 M
Cash at beginning of period	0.000	0.000 ^{-100.00 %}	8.957 M	0.000	0.000 ^{-100.00 %}	1.254 B	0.000 ^{-100.00 %}	1.198 B	0.000
Cash at end of period	0.000	0.000 ^{-100.00 %}	8.957 M ^{102.70 %}	-331.900 M ^{-330.54 %}	143.964 M ^{-87.49 %}	1.150 B ^{2 356.63 %}	46.831 M ^{-96.03 %}	1.179 B ^{172.52 %}	432.554 M
Operating cash flow	213.278 M ^{279.04 %}	56.268 M ^{-76.02 %}	234.690 M ^{10.39 %}	212.592 M ^{-43.35 %}	375.247 M ^{365.44 %}	-141.369 M ^{-346.39 %}	57.377 M ^{109.13 %}	-628.602 M ^{-119.39 %}	-286.527 M
Capital expenditure	-3.088 M ^{74.76 %}	-12.233 M ^{-101.27 %}	-6.078 M ^{86.93 %}	-46.499 M ^{-376.67 %}	-9.755 M ^{37.08 %}	-15.504 M ^{24.39 %}	-20.505 M ^{42.61 %}	-35.731 M ^{80.50 %}	-183.272 M
Free CashFlow	210.190 M ^{377.32 %}	44.035 M ^{-80.74 %}	228.612 M ^{37.64 %}	166.093 M ^{-54.56 %}	365.492 M ^{332.99 %}	-156.873 M ^{-525.45 %}	36.872 M ^{105.55 %}	-664.333 M ^{-41.41 %}	-469.799 M
	2025	2024	2024	2023	2023	2022	2022	2021	2021

Date	Form 10K
2024	https://www1.hkexnews.hk/search/titlesearch.xhtml
2023	https://www1.hkexnews.hk/search/titlesearch.xhtml
2022	https://www1.hkexnews.hk/search/titlesearch.xhtml
2021	https://www1.hkexnews.hk/search/titlesearch.xhtml
2020	https://www1.hkexnews.hk/search/titlesearch.xhtml
2019	https://www1.hkexnews.hk/search/titlesearch.xhtml

Fenbi Ltd. 2469.HK

Finances

Fenbi Ltd. ^2469.HK