S
0.26
-3.70%
Close of 6 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$828.5m
FY2016FY2025
Net income
−HK$32.2m
FY2016FY2025
Free cash flow
−HK$77.0m
FY2016FY2025
Shareholders' equity
—
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$828.5m | HK$702.3m | HK$704.9m | HK$876.7m | HK$701.7m | HK$912.8m | HK$1.22bn | HK$1.00bn | HK$1.07bn | HK$1.08bn |
| Gross profit | HK$93.8m | HK$74.9m | HK$109.2m | HK$158.8m | HK$130.4m | HK$160.5m | HK$264.6m | HK$245.7m | HK$267.8m | HK$233.9m |
| Operating income | −HK$47.4m | −HK$53.3m | −HK$16.1m | HK$9.9m | −HK$1.9m | −HK$30.0m | HK$71.9m | HK$72.0m | HK$89.1m | HK$66.2m |
| Net income | −HK$32.2m | −HK$28.4m | −HK$30.6m | HK$9.1m | HK$9.6m | −HK$165.9m | HK$72.1m | HK$64.1m | HK$70.9m | HK$55.4m |
| Diluted earnings per share | -0.12 | -0.11 | -0.12 | 0.03 | 0.04 | -0.63 | 0.27 | 0.24 | 0.27 | 0.21 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | — | — | HK$945.2m | HK$1.04bn | HK$1.07bn | HK$1.03bn | HK$1.21bn | HK$1.13bn | HK$1.11bn | HK$1.13bn |
| Cash and short-term investments | — | — | HK$328.8m | HK$324.1m | HK$317.0m | HK$308.8m | HK$358.8m | HK$391.4m | HK$426.9m | HK$360.6m |
| Total liabilities | — | — | HK$222.8m | HK$258.9m | HK$297.4m | HK$277.7m | HK$259.9m | HK$190.0m | HK$177.8m | HK$200.4m |
| Debt | — | — | HK$49.2m | HK$60.8m | HK$65.6m | HK$73.7m | HK$46.5m | — | — | — |
| Shareholders' equity | — | — | HK$722.4m | HK$781.5m | HK$770.1m | HK$755.1m | HK$953.4m | HK$937.8m | HK$932.4m | HK$924.8m |
| Shares outstanding | 263m | 263m | 263m | 263m | 263m | 263m | 263m | 263m | 263m | 263m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −HK$66.7m | −HK$25.8m | HK$33.5m | HK$45.2m | HK$44.0m | HK$51.3m | HK$137.6m | HK$157.3m | HK$160.1m | HK$114.1m |
| Capital spending | −HK$10.3m | −HK$11.3m | −HK$9.3m | −HK$16.7m | −HK$24.8m | −HK$54.5m | −HK$62.0m | −HK$109.8m | −HK$35.0m | −HK$69.6m |
| Free cash flow | −HK$77.0m | −HK$37.2m | HK$24.2m | HK$28.5m | HK$19.3m | −HK$3.3m | HK$75.6m | HK$47.5m | HK$125.1m | HK$44.5m |
| Dividends paid | −HK$3.9m | −HK$7.9m | −HK$7.9m | −HK$7.9m | — | −HK$30.2m | −HK$47.3m | −HK$65.7m | −HK$60.4m | −HK$64.4m |
Latest quarters
By quarter end
| Sept 2025 | Mar 2025 | Sept 2024 | Mar 2024 | Sept 2023 | Mar 2023 | Sept 2022 | Mar 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$420.9m | HK$419.6m | HK$408.8m | HK$351.0m | HK$351.3m | HK$331.5m | HK$373.5m | HK$407.3m |
| Gross profit | HK$44.4m | HK$41.1m | HK$52.7m | HK$23.9m | HK$51.0m | HK$55.3m | HK$53.9m | HK$76.4m |
| Operating income | −HK$27.6m | −HK$25.4m | −HK$14.9m | −HK$31.6m | −HK$3.5m | −HK$6.4m | −HK$1.2m | HK$5.0m |
| Net income | −HK$20.4m | −HK$20.9m | −HK$11.3m | −HK$26.1m | −HK$2.3m | −HK$29.4m | −HK$1.2m | HK$3.0m |
| Diluted earnings per share | -0.08 | -0.08 | -0.04 | -0.10 | -0.01 | -0.11 | -0.00 | 0.01 |
| Total assets | — | — | — | HK$906.0m | HK$947.7m | HK$945.2m | HK$995.7m | HK$1.04bn |
| Cash and short-term investments | — | — | — | HK$274.5m | HK$319.8m | HK$328.8m | HK$307.8m | HK$324.1m |
| Debt | — | — | — | HK$45.5m | HK$49.6m | HK$43.2m | HK$45.6m | HK$50.9m |
| Shareholders' equity | — | — | — | HK$670.4m | HK$698.9m | HK$722.4m | HK$745.6m | HK$781.5m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -1.9% | -1.9% | -3.7% |
| Operating income | — | 9.6% | — |
| Net income | — | -27.9% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 11.0% | 14.0% | 15.4% | 19.2% |
| Operating margin | -6.6% | -3.4% | -2.9% | 2.3% |
| Net margin | -4.0% | -2.6% | -5.0% | 0.9% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -2.9 | -4.0 | -7.0 | 28.6 | 32.5 | -2.0 | 7.5 | 10.9 | 12.1 | 13.2 |
| Price to sales | 0.1 | 0.2 | 0.3 | 0.3 | 0.5 | 0.4 | 0.4 | 0.7 | 0.8 | 0.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 21 Aug 2024.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.015 | 0.03 | 0.03 | 0.03 | 0.115 | 0.145 | 0.145 | 0.145 |
- 1-to-1 reverse split · 16 Aug 2005
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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