0.22
+1.83%
Close of 9 Nov 2026, in HKD
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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in HKD, from our data supplier.
Revenue
HK$303.4m
FY2016FY2025
Net income
−HK$17.1m
FY2016FY2025
Free cash flow
−HK$14.9m
FY2016FY2025
Shareholders' equity
HK$66.6m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$303.4m | HK$234.8m | HK$47.0m | HK$51.8m | HK$95.7m | HK$109.4m | HK$167.1m | HK$282.2m | HK$230.9m | HK$155.5m |
| Operating income | −HK$14.0m | −HK$12.0m | −HK$33.4m | −HK$29.9m | −HK$23.0m | −HK$18.4m | −HK$38.5m | −HK$7.6m | −HK$4.3m | −HK$6.1m |
| Net income | −HK$17.1m | HK$45.6m | −HK$103.2m | −HK$64.1m | −HK$19.8m | −HK$17.3m | −HK$38.7m | −HK$8.2m | −HK$4.8m | −HK$6.4m |
| Diluted earnings per share | -0.01 | 0.03 | -0.08 | -0.06 | -0.01 | -0.01 | -0.03 | -0.01 | -0.01 | -0.01 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$75.0m | HK$90.5m | HK$107.6m | HK$233.9m | HK$310.1m | HK$42.7m | HK$92.9m | HK$132.4m | HK$113.6m | HK$107.9m |
| Cash and short-term investments | HK$68.5m | HK$83.6m | HK$98.1m | HK$111.6m | HK$37.5m | HK$4.3m | HK$6.8m | HK$8.7m | HK$7.1m | HK$5.9m |
| Total liabilities | HK$8.4m | HK$6.8m | HK$71.3m | HK$92.0m | HK$102.4m | HK$13.9m | HK$46.9m | HK$70.8m | HK$59.4m | HK$49.4m |
| Debt | HK$2.2m | HK$600,000 | HK$3.2m | HK$8.3m | HK$14.0m | HK$1.0m | HK$9.2m | HK$20.8m | HK$24.2m | HK$25.6m |
| Shareholders' equity | HK$66.6m | HK$83.7m | HK$36.3m | HK$141.9m | HK$207.7m | HK$28.8m | HK$46.0m | HK$61.6m | HK$54.2m | HK$58.5m |
| Shares outstanding | 1,327m | 1,327m | 1,327m | 1,327m | 1,327m | 1,327m | 1,313m | 1,059m | 922m | 922m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −HK$14.9m | −HK$9.6m | −HK$5.5m | HK$83.8m | HK$5.1m | HK$3.7m | HK$6.0m | −HK$9.1m | −HK$503,000 | HK$288,000 |
| Capital spending | — | −HK$298,000 | — | −HK$62,000 | −HK$23,500 | −HK$189,000 | −HK$375,000 | −HK$1.1m | −HK$448,000 | −HK$314,000 |
| Free cash flow | −HK$14.9m | −HK$9.9m | −HK$5.5m | HK$83.7m | HK$5.1m | HK$3.5m | HK$5.7m | −HK$10.2m | −HK$951,000 | −HK$26,000 |
Latest quarters
By quarter end
| Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | Jun 2022 | Dec 2021 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$163.4m | HK$140.0m | HK$107.3m | HK$127.6m | HK$47.0m | HK$10.8m | HK$51.8m | HK$4.5m |
| Operating income | −HK$8.0m | −HK$6.3m | −HK$6.6m | −HK$5.1m | −HK$41.3m | −HK$17.9m | −HK$31.5m | −HK$862,000 |
| Net income | −HK$10.3m | −HK$6.8m | −HK$6.8m | HK$52.5m | −HK$103.2m | −HK$17.8m | −HK$64.1m | −HK$487,000 |
| Diluted earnings per share | -0.01 | -0.01 | -0.01 | 0.04 | -0.08 | -0.01 | -0.06 | -0.00 |
| Total assets | HK$75.0m | HK$80.7m | HK$90.5m | HK$94.3m | HK$107.6m | HK$206.8m | HK$233.9m | HK$39.5m |
| Cash and short-term investments | HK$68.5m | HK$75.3m | HK$83.6m | HK$91.7m | HK$98.1m | HK$109.4m | HK$111.6m | HK$8.7m |
| Debt | HK$1.2m | HK$107,000 | HK$124,000 | HK$584,000 | HK$1.6m | HK$3.4m | — | — |
| Shareholders' equity | HK$66.6m | HK$75.7m | HK$83.7m | HK$90.5m | HK$36.3m | HK$123.1m | HK$141.9m | HK$26.1m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 80.3% | 22.6% | 6.0% |
| Operating income | -22.3% | -5.2% | 7.1% |
| Net income | -35.6% | -0.2% | 10.1% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -4.8% | -14.0% | -15.5% | -10.5% |
| Net margin | 5.3% | -21.8% | -20.9% | -13.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -23.2 | 1.3 | -0.5 | -0.8 | -6.0 | -6.7 | -5.1 | -41.8 | -242.1 | -55.0 |
| Price to sales | 1.3 | 0.3 | 1.0 | 0.9 | 1.3 | 1.1 | 1.2 | 1.2 | 5.0 | 2.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 26 Oct 2010.
| FY2011 | FY2001 | |
|---|---|---|
| Paid in the year | 0.01 | 0.003 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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