FS.COM Limited Class H

FS.COM Limited Class H

HHKEX:3355
34.16
HKD
-2.90
(-7.83%)
16.06BMarket Cap
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
4.97
5.53
6.53
7.41
- -
Basic EPS, GAAP
0.91
1.14
0.99
1.5
- -
Free Cash Flow per Basic Share
-0.1
0.61
-0.8
1.83
- -
Dividend per Share
0.15
- -
- -
0.5
- -
Book Value per Share
3.83
4.99
6
5.4
11.54
Tangible Book Value per Share
3.77
4.94
5.96
5.37
11.51
Basic Weighted Avg Shares
400
400
400
400
364
Sales/Revenue/Turnover
1,988
2,213
2,612
2,966
- -
Operating Margin (%)
18.82
21.48
18.03
23.49
- -
Depreciation Expense
59
68
105
131
- -
Net Income, GAAP
365
457
397
601
- -
Effective Tax Rate (%)
12.98
11.01
12.99
12.23
- -
Profit Margin (%)
18.33
20.64
15.21
20.28
- -
Working Capital
1,182
1,326
1,476
1,106
3,605
LT Debt
84
155
610
427
387
Total Equity
1,532
1,998
2,401
2,160
4,681
Return on Invested Capital (%)
- -
21.77
15.28
19.7
- -
Return on Capital (%)
- -
24.08
15.63
21.23
- -
Return on Common Equity (%)
- -
25.88
18.06
26.38
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Jun'26
ST Debt
209
75
LT Borrowings
333
309
LT Finance Leases
94
78
Preferred Equity and Hybrid Capital
- -
- -
Shares Outstanding
400
406
Market Capitalization
- -
13,900

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Jun'26
Total Current Assets
2,473
4,347
Cash, Cash Equivalents & STI
1,565
3,232
Accounts Receivable, Net
220
310
Inventories
473
560
Total Current Liabilities
1,367
742
Payables & Accruals
- -
- -
ST Debt
209
75
Deferred Revenue
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-10.03%
Free Cash Flow
- -
- -
-328.71%
Net Income, GAAP
- -
- -
51.4%
Sales/Revenue/Turnover
- -
- -
13.55%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
658
2,612
2025
- -
- -
2,966
2026
- -
- -
- -

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
0.13
0.99
2025
- -
- -
1.5
2026
- -
- -
- -

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
0.5
2026
- -
- -
- -

Company Description

CEO
Wei Xiang
Full Time Employees
2,442
Sector
Electronic technology
Industry
Telecommunications equipment
Address
China Resources Land Building, Tower C Shenzhen GD China 518000
IPO Date
Mar 23, 2026
Website
fs.com
Business
FS.COM Limited Shenzhen Fast Innovation Technology Co., Ltd. operates as a global provider of high-performance networking solutions, delivering a comprehensive range of fiber optic and data-center networking products and services to enterprise, data center, telecom, and cloud customers. The company focuses on decoupled hardware and cloud-based software platforms to enable scalable, AI-enabled networking architectures and intelligent management, with extensive R&D and manufacturing capabilities to support next-generation connectivity. Main products and services - High-performance networking hardware: switches, routers, optical transceivers, copper and fiber optic cabling, cable management systems, cabling solutions, and related infrastructure components - Optical transmission equipment: high-density fiber modules, 800G optical modules, silicon photonic transceivers, WDM/ DWDM solutions, long-haul and data-center transport devices - Data-center infrastructure solutions: modular and scalable data-center networking platforms, high-speed interconnects, rack-level and rack-to-rack solutions, and performance-optimized cabling systems - Network software and platform capabilities: cloud-based network management, automation tools, monitoring and analytics, and solution design validation services - Pre-sales and post-sales services: product demonstrations, design and testing validation, technical support, professional services, and after-sales assistance - Global delivery and logistics: worldwide distribution network, regional service capabilities, and localized support for multi-country deployments Latest major company changes - Public listing and capital-raising activity: FS.COM Limited announces plans to list on a major exchange, with anticipated net proceeds allocated to R&D for intelligent technology platforms, expansion of delivery capabilities in overseas markets, digitalization of business platforms, and working capital support - Strategic expansion and global layout: continues to deepen its global footprint by optimizing regional markets and delivery networks, enhancing resource allocation, and expanding localized service capabilities - Product and platform enhancements: ongoing development of advanced networking hardware and software platforms, including AI-ready modules and high-density cabling management solutions to meet evolving data-center and AI workloads - Corporate reorganization and governance: updates to corporate structure and governance aligned with international growth, including potential branding and localization initiatives to support a broader geographical footprint - Customer and market expansion: broadened service reach across more than 200 countries/regions and diversified its customer base across enterprise, service providers, and technology partners Additional context - Industry and segments: information technology hardware and networking equipment; data-center solutions; enterprise and telecom networking; cloud and AI-enabled networking platforms - Target markets: large-scale data centers, hyperscalers, enterprise IT departments, telecom operators, and system integrators - Geographic operations: global presence with active markets in Europe, Asia-Pacific, the Americas, Middle East and Africa; extensive manufacturing and R&D in Asia - Founding year and headquarters: established in the early 2010s; headquarters located in Shenzhen, China, with principal executive offices in Hong Kong and parallel regional hubs - Subsidiaries and parent relationships: operates through a corporate structure with regional subsidiaries to support international sales and service delivery; maintains parent company oversight through a public listing and disclosure framework Notes - This description reflects FS.COM Limited’s core activities as a provider of networking hardware and related services, its focus on scalable, cloud-enabled platforms, and its ongoing strategic initiatives to expand globally and enhance R&D and digital capabilities.