06657.HK
Baiwang Co., Ltd.
HKSE · Technology · Software - Application · CN
HKD 14.46
−0.28%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 1.4B | 728.6M | 659.2M | 713.0M | 525.8M |
| Cost of Revenue | 813.9M | 420.5M | 395.8M | 431.0M | 374.6M |
| Gross Profit | 590.3M | 308.1M | 263.4M | 282.0M | 236.8M |
| Operating Expenses | |||||
| R&D Expense | 212.4M | 135.0M | 179.9M | 188.0M | 144.3M |
| SG&A Expense | 438.4M | 193.5M | 252.0M | 55.8M | 49.1M |
| General & Admin Expense | 152.4M | 98.7M | 91.8M | 22.1M | 14.7M |
| Selling & Marketing Expense | 175.1M | 95.0M | 160.2M | 33.7M | 34.4M |
| Other Expenses | 92.7M | 13.4M | 34.3M | 343.4M | 133.2M |
| Total Operating Expenses | 743.4M | 342.0M | 466.2M | 587.1M | 326.6M |
| Cost and Expenses | 1.6B | 762.5M | 862.0M | 1.0B | 638.1M |
| Operating Income (EBIT) | (153.2M) | (33.9M) | (202.8M) | (305.1M) | (112.3M) |
| Non-Operating | |||||
| Interest Income | 4.1M | 3.4M | 2.4M | 6.9M | 10.3M |
| Interest Expense | 414.1K | 503.6K | 361.0K | 1.0M | 1.6M |
| Net Interest Income | 3.7M | 2.9M | 2.1M | 5.9M | 8.7M |
| Other Non-Op Income/Expense | 44.1M | 23.9M | (298.0M) | (54.1M) | (43.7M) |
| Non-Operating Income (excl Interest) | (7.9M) | (8.9M) | (24.7M) | 53.0M | (16.3M) |
| EBT (Pre-Tax Income) | (109.1M) | (10.0M) | (500.9M) | (359.2M) | (156.0M) |
| Income Tax Expense | 281.0K | 24.0K | 457.0K | 116.0K | 199.0K |
| Bottom Line | |||||
| Net Income | (109.0M) | (9.6M) | (501.2M) | (358.0M) | (153.5M) |
| Earnings from Cont. Ops | (109.4M) | (10.0M) | (501.3M) | (359.3M) | (156.2M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (109.0M) | (9.6M) | (501.2M) | (358.0M) | (153.5M) |
| Per Share | |||||
| Basic EPS | (HK$0.47) | (HK$0.04) | (HK$2.73) | (HK$2.56) | (HK$1.10) |
| Diluted EPS | (HK$0.47) | (HK$0.04) | (HK$2.73) | (HK$2.56) | (HK$1.10) |
| Revenue Per Share | HK$6.22 | HK$3.23 | HK$3.60 | HK$5.09 | HK$3.76 |
| Shares | |||||
| Basic Shares Outstanding | 225.9M | 225.9M | 183.3M | 140.0M | 140.0M |
| Diluted Shares Outstanding | 225.9M | 225.9M | 183.3M | 140.0M | 140.0M |
| Profitability Metrics | |||||
| EBITDA | (137.8M) | (21.0M) | (173.6M) | (339.7M) | (91.8M) |
| D&A | 7.5M | 4.0M | 4.6M | 18.5M | 4.3M |
| EBIT | (145.3M) | (25.0M) | (178.2M) | (358.2M) | (96.1M) |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026