Shenzhen HQVT Technology Co., Ltd. (HKG:1392)

Hong Kong · Delayed Price · Currency is HKD

27.60

+2.92 (11.83%)

Last updated: Sep 15, 2026, 3:59 PM HKT

Shenzhen HQVT Technology Financials Overview

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	856.45	668.52	522.57	117.06
Revenue Growth	631.61%	27.93%	346.40%	-
Gross Profit	171.56	149.39	98.17	14.31
Operating Income	17.45	32.77	42.49	-22.35
Net Income	26.85	29.35	40.41	-18.41
Earnings Per Share	3.18	3.49	5.09	-2.33
EPS Growth	-	-31.37%	-	-

Revenue by Geography

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Mainland China	849.57	662.55	517.57	110.19
Overseas	6.87	5.97	5	6.88
Total	856.45	668.52	522.57	117.06

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Investments	648.19	128.52	85.76	77.49
Total Debt	313.97	213.68	46.65	23.13
Net Cash (Debt)	334.22	-85.16	39.11	54.37
Net Cash Growth	514.75%	-	-28.07%	-
Net Cash Per Share	39.63	-10.13	4.92	6.88

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Operating Cash Flow	-95.44	-129.92	-6.49	69.57
Capital Expenditures	-81.37	-77.75	-33.99	-22.76
Free Cash Flow	-176.81	-207.67	-40.48	46.81
Free Cash Flow Growth	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Gross Margin	20.03%	22.35%	18.79%	12.22%
Operating Margin	2.04%	4.90%	8.13%	-19.09%
Pretax Margin	1.65%	4.11%	8.13%	-19.52%
Profit Margin	3.14%	4.39%	7.73%	-15.73%
FCF Margin	-20.64%	-31.06%	-7.75%	39.98%