2889.HK

PATEO CONNECT Technology (Shanghai) Corporation 2889.HK

Finances

2024 2023 2022
Revenue 2.557 B 70.94 % 1.496 B 22.83 % 1.218 B
Net income -541.238 M -90.65 % -283.891 M 37.21 % -452.095 M
Income before tax -540.793 M -90.63 % -283.694 M 37.26 % -452.150 M
Income before tax ratio -0.21 -11.51 % -0.19 48.92 % -0.37
EBITDA -416.776 M -113.22 % -195.466 M 48.52 % -379.658 M
Net income ratio -0.21 -11.53 % -0.19 48.88 % -0.37
Ratio EBITDA -0.16 -24.73 % -0.13 58.09 % -0.31
Gross profit ratio 0.12 -23.80 % 0.15 9.94 % 0.14
Weighted average shs out dil 149.991 M 0.00 % 149.991 M 0.00 % 149.991 M
Weighted average shs out 149.991 M 0.00 % 149.991 M 0.00 % 149.991 M
EPS diluted -3.61 -91.01 % -1.89 37.21 % -3.01
Earnings per share -3.61 -91.01 % -1.89 37.21 % -3.01
Gross profit 301.002 M 30.25 % 231.088 M 35.04 % 171.122 M
Income tax expense 27.000 K -59.70 % 67.000 K 2 133.33 % 3.000 K
Cost of revenue 2.256 B 78.38 % 1.265 B 20.84 % 1.047 B
General and administrative expenses 61.275 M -6.35 % 65.431 M 13.55 % 57.621 M
Selling and marketing expenses 66.049 M 29.90 % 50.847 M 17.93 % 43.116 M
Other expenses 313.955 M 43.31 % 219.067 M 4.92 % 208.800 M
Operating expenses 669.926 M 14.50 % 585.102 M -2.02 % 597.179 M
Cost and expenses 2.926 B 58.17 % 1.850 B 12.53 % 1.644 B
Research and development expenses 228.647 M -8.45 % 249.757 M -13.17 % 287.642 M
Selling general and administrative expenses 127.324 M 9.50 % 116.278 M 15.43 % 100.737 M
Interest income 1.956 M 11.39 % 1.756 M -61.79 % 4.596 M
Interest expense 44.074 M 58.61 % 27.788 M 2.49 % 27.113 M
Depreciation and amortization 79.943 M 32.27 % 60.440 M 33.19 % 45.379 M
Operating income -368.924 M -4.21 % -354.014 M 16.91 % -426.057 M
Operating income ratio -0.14 39.04 % -0.24 32.36 % -0.35
Total other income expenses net -171.869 M -344.41 % 70.320 M 369.50 % -26.093 M
2024 2023 2022
2024 2023 2022
Net debt 735.380 M -13.02 % 845.467 M 954.54 % 80.174 M
Total investments 112.260 M -75.44 % 457.139 M 176.58 % 165.281 M
Total debt 1.712 B 55.32 % 1.103 B 65.04 % 668.037 M
Accumulated other comprehensive income loss 0.000 0.000 0.000
Retained earnings -1.555 B -53.40 % -1.013 B -38.91 % -729.583 M
Common stock 139.554 M 18.30 % 117.968 M 0.00 % 117.968 M
Total equity 1.546 B 158.15 % 598.904 M -26.72 % 817.262 M
Other non current liabilities 39.181 M 16.33 % 33.681 M 7.18 % 31.426 M
Long term debt 307.151 M 33.66 % 229.802 M 199.37 % 76.762 M
Total non current liabilities 429.925 M 61.52 % 266.168 M 70.55 % 156.065 M
Other current liabilities 315.241 M 26.07 % 250.051 M -0.13 % 250.383 M
Deferred revenue 0.000 0.000 0.000
Short term debt 1.405 B 61.02 % 872.703 M 47.60 % 591.275 M
Total current liabilities 2.332 B 35.91 % 1.716 B 30.61 % 1.314 B
Total liabilities 2.762 B 39.35 % 1.982 B 34.85 % 1.470 B
Other non current assets 126.132 M 1 885.08 % 6.354 M -42.26 % 11.005 M
Long term investments 0.000 0.000 0.000
Intangible assets 0.000 0.000 0.000
GoodWill 0.000 0.000 0.000
Goodwill and intangible assets 0.000 0.000 0.000
Property plant equipment net 600.399 M 31.08 % 458.033 M 65.14 % 277.354 M
Total non current assets 726.531 M 56.45 % 464.387 M 61.04 % 288.359 M
Other current assets 258.873 M 27.49 % 203.049 M 11.87 % 181.504 M
Short term investments 487.785 M 6.70 % 457.139 M 176.58 % 165.281 M
cash and cash equivalents 977.006 M 280.10 % 257.038 M -56.28 % 587.863 M
Cash and short term investments 1.465 B 105.10 % 714.177 M -5.17 % 753.144 M
Total current assets 3.581 B 69.22 % 2.116 B 5.90 % 1.999 B
Inventory 503.915 M 3.24 % 488.097 M 4.46 % 467.276 M
Net receivables 1.354 B 90.37 % 711.041 M 19.18 % 596.618 M
Tax assets 0.000 0.000 0.000
Other assets 0.000 0.000 0.000
Account payables 603.352 M 2.96 % 586.029 M 31.10 % 447.017 M
Tax payables 7.941 M 15.15 % 6.896 M -72.30 % 24.899 M
Deferred revenue non current 83.593 M 3 013.33 % 2.685 M -94.39 % 47.877 M
Minority interest 1.279 M 48.55 % 861.000 K 17.46 % 733.000 K
Capital lease obligations 116.935 M 23.55 % 94.647 M 22.83 % 77.053 M
Preferred stock 0.000 0.000 0.000
Other total stockholders equity 2.960 B 98.18 % 1.494 B 4.58 % 1.428 B
Deferred tax liabilities non current 0.000 0.000 0.000
Other liabilities 0.000 0.000 0.000
Total assets 4.308 B 66.92 % 2.581 B 12.85 % 2.287 B
2024 2023 2022
2024 2023 2022
Deferred income tax 0.000 0.000 0.000
Stock based compensation 157.186 M 140.48 % 65.363 M 6.04 % 61.638 M
Change in working capital -615.008 M -586.35 % -89.605 M 53.84 % -194.139 M
Accounts receivables -835.121 M -759.29 % -97.187 M 58.44 % -233.875 M
Inventory -51.019 M -9.97 % -46.395 M 75.78 % -191.575 M
Accounts payables 0.000 0.000 0.000
Other working capital 271.132 M 402.31 % 53.977 M -76.66 % 231.311 M
Other non cash items 212.883 M 1 022.57 % -23.075 M -130.54 % 75.547 M
Net cash provided by operating activities -705.789 M -160.85 % -270.571 M 41.65 % -463.725 M
Investments in property plant and equipment -175.612 M 4.01 % -182.945 M -3.09 % -177.455 M
Acquisitions net -113.003 M 0.000 0.000
Purchases of investments -85.000 M 58.83 % -206.465 M -30.67 % -158.000 M
Sales maturities of investments 0.000 -100.00 % 2.000 M 0.000
Other investing activites 58.317 M 347.32 % -23.580 M 44.74 % -42.674 M
Net cash used for investing activites -315.298 M 23.28 % -410.990 M -8.69 % -378.129 M
Debt repayment 501.306 M 19.36 % 420.005 M 1 016.00 % 37.635 M
Common stock issued 1.331 B 0.000 -100.00 % 1.345 B
Common stock repurchased 0.000 0.000 0.000
Dividends paid 0.000 0.000 0.000
Other financing activites -91.034 M -31.47 % -69.245 M -67.16 % -41.424 M
Net cash used provided by financing activities 1.741 B 396.37 % 350.760 M -73.86 % 1.342 B
Effect of forex changes on cash -10.000 K 58.33 % -24.000 K -141.38 % 58.000 K
Net change in cash 719.968 M 317.63 % -330.825 M -166.19 % 499.845 M
Cash at beginning of period 257.038 M -56.28 % 587.863 M 567.89 % 88.018 M
Cash at end of period 977.006 M 280.10 % 257.038 M -56.28 % 587.863 M
Operating cash flow -705.789 M -160.85 % -270.571 M 41.65 % -463.725 M
Capital expenditure -175.612 M 4.01 % -182.945 M -3.09 % -177.455 M
Free CashFlow -881.401 M -94.35 % -453.516 M 29.27 % -641.180 M
2024 2023 2022
Revenue
Net income
Income before tax
Income before tax ratio
EBITDA
Net income ratio
Ratio EBITDA
Gross profit ratio
Weighted average shs out dil
Weighted average shs out
EPS diluted
Earnings per share
Gross profit
Income tax expense
Cost of revenue
General and administrative expenses
Selling and marketing expenses
Other expenses
Operating expenses
Cost and expenses
Research and development expenses
Selling general and administrative expenses
Interest income
Interest expense
Depreciation and amortization
Operating income
Operating income ratio
Total other income expenses net
2025-05-31
Net debt 922.383 M
Total investments 106.574 M
Total debt 1.823 B
Accumulated other comprehensive income loss 0.000
Retained earnings -1.774 B
Common stock 139.554 M
Total equity 1.372 B
Other non current liabilities 40.907 M
Long term debt 359.391 M
Total non current liabilities 483.929 M
Other current liabilities 273.222 M
Deferred revenue 0.000
Short term debt 1.464 B
Total current liabilities 2.272 B
Total liabilities 2.756 B
Other non current assets 116.828 M
Long term investments 0.000
Intangible assets 0.000
GoodWill 0.000
Goodwill and intangible assets 0.000
Property plant equipment net 660.945 M
Total non current assets 777.773 M
Other current assets 440.972 M
Short term investments 591.659 M
cash and cash equivalents 900.734 M
Cash and short term investments 1.492 B
Total current assets 3.350 B
Inventory 591.599 M
Net receivables 825.048 M
Tax assets 0.000
Other assets 0.000
Account payables 530.766 M
Tax payables 4.216 M
Deferred revenue non current 83.631 M
Minority interest 1.083 M
Capital lease obligations 63.865 M
Preferred stock 0.000
Other total stockholders equity 3.006 B
Deferred tax liabilities non current 0.000
Other liabilities 0.000
Total assets 4.128 B
2025-05-31
Deferred income tax
Stock based compensation
Change in working capital
Accounts receivables
Inventory
Accounts payables
Other working capital
Other non cash items
Net cash provided by operating activities
Investments in property plant and equipment
Acquisitions net
Purchases of investments
Sales maturities of investments
Other investing activites
Net cash used for investing activites
Debt repayment
Common stock issued
Common stock repurchased
Dividends paid
Other financing activites
Net cash used provided by financing activities
Effect of forex changes on cash
Net change in cash
Cash at beginning of period
Cash at end of period
Operating cash flow
Capital expenditure
Free CashFlow