C 
0.98
+1.55%
Close of 9 Nov 2026, in HKD
Search any instrument
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$366.9m
FY2016FY2025
Net income
−HK$388.5m
FY2016FY2025
Free cash flow
−HK$280.2m
FY2016FY2025
Shareholders' equity
HK$11.91bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$366.9m | HK$336.8m | HK$474.4m | HK$1.45bn | HK$1.16bn | HK$3.29bn | HK$1.36bn | HK$996.9m | HK$1.62bn | HK$3.90bn |
| Research and development | — | — | HK$0 | HK$1 | HK$3 | HK$0 | HK$1 | — | — | — |
| Operating income | HK$51.7m | −HK$68.0m | HK$91.3m | HK$1.03bn | HK$537.8m | HK$2.88bn | HK$1.05bn | HK$614.3m | HK$788.9m | HK$1.84bn |
| Net income | −HK$388.5m | −HK$2.11bn | HK$76.8m | HK$1.15bn | −HK$3.52bn | HK$622.2m | HK$790.2m | HK$1.02bn | HK$3.71bn | HK$6.36bn |
| Diluted earnings per share | -0.20 | -1.11 | 0.04 | 0.60 | -1.84 | 0.33 | 0.41 | 0.53 | 1.94 | 3.33 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$14.77bn | HK$15.70bn | HK$18.55bn | HK$19.43bn | HK$21.60bn | HK$37.47bn | HK$48.31bn | HK$48.69bn | HK$56.06bn | HK$45.78bn |
| Cash and short-term investments | HK$2.25bn | HK$2.11bn | HK$592.2m | HK$2.78bn | HK$3.72bn | HK$3.58bn | HK$7.93bn | HK$605.9m | HK$570.6m | HK$1.07bn |
| Total liabilities | HK$2.84bn | HK$3.61bn | HK$4.31bn | HK$5.43bn | HK$7.20bn | HK$8.69bn | HK$14.72bn | HK$4.44bn | HK$5.54bn | HK$3.79bn |
| Debt | HK$2.48bn | HK$2.97bn | HK$3.93bn | HK$4.98bn | HK$5.52bn | HK$7.39bn | HK$13.57bn | HK$13.75bn | HK$16.47bn | HK$14.59bn |
| Shareholders' equity | HK$11.91bn | HK$12.07bn | HK$14.21bn | HK$13.98bn | HK$14.38bn | HK$28.76bn | HK$33.57bn | HK$34.06bn | HK$36.39bn | HK$29.80bn |
| Shares outstanding | 1,908m | 1,908m | 1,908m | 1,908m | 1,908m | 1,908m | 1,908m | 1,908m | 1,908m | 1,908m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −HK$276.4m | HK$336.5m | HK$249.7m | −HK$140.1m | HK$1.41bn | HK$7.84bn | HK$946.7m | HK$3.17bn | HK$5.47bn | −HK$210.2m |
| Capital spending | −HK$3.8m | −HK$14.4m | −HK$21.8m | −HK$79.3m | −HK$28.8m | −HK$143.1m | −HK$32.4m | −HK$2.1m | −HK$5.1m | −HK$8.4m |
| Free cash flow | −HK$280.2m | HK$322.1m | HK$227.8m | −HK$219.4m | HK$1.38bn | HK$7.70bn | HK$914.2m | HK$3.16bn | HK$5.46bn | −HK$218.6m |
| Dividends paid | −HK$76.3m | — | — | — | −HK$19.1m | −HK$38.2m | −HK$209.8m | −HK$209.8m | −HK$4.75bn | −HK$9.70bn |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$151.1m | HK$188.5m | HK$42.7m | HK$41.8m | HK$183.9m | HK$238.7m | HK$240.1m | HK$276.3m |
| Operating income | HK$8.1m | HK$36.8m | −HK$99.1m | −HK$141.6m | HK$73.6m | HK$50.8m | HK$44.8m | HK$57.2m |
| Net income | −HK$200.5m | HK$22.2m | −HK$410.7m | −HK$1.69bn | −HK$422.3m | −HK$69.8m | HK$146.6m | HK$281.7m |
| Diluted earnings per share | -0.11 | 0.01 | -0.22 | -0.88 | -0.22 | -0.04 | 0.08 | 0.15 |
| Cash from operations | — | HK$19.0m | −HK$305.0m | HK$150.0m | HK$56.0m | −HK$257.0m | HK$203.0m | HK$139.0m |
| Capital spending | — | −HK$19.0m | −HK$305.0m | −HK$14.0m | −HK$56.0m | −HK$21.0m | −HK$203.0m | −HK$79.0m |
| Free cash flow | — | HK$0 | −HK$610.0m | HK$136.0m | HK$0 | −HK$278.0m | HK$0 | HK$60.0m |
| Total assets | HK$13.83bn | HK$14.77bn | HK$14.13bn | HK$15.70bn | HK$18.19bn | HK$18.55bn | HK$18.67bn | HK$19.43bn |
| Cash and short-term investments | HK$1.54bn | HK$2.25bn | HK$1.62bn | HK$2.11bn | HK$836.8m | HK$1.08bn | HK$1.45bn | HK$2.78bn |
| Debt | HK$1.41bn | HK$2.48bn | HK$1.78bn | HK$2.97bn | HK$4.16bn | HK$3.93bn | HK$3.98bn | HK$5.01bn |
| Shareholders' equity | HK$11.68bn | HK$11.91bn | HK$12.07bn | HK$12.07bn | HK$13.70bn | HK$14.21bn | HK$14.27bn | HK$13.98bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -36.7% | -35.5% | -14.1% |
| Operating income | -63.1% | -55.3% | -26.1% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -2.3% | 42.1% | 64.0% | 59.5% |
| Net margin | -354.8% | -48.3% | -58.8% | 92.9% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -6.0 | -1.1 | 30.3 | 4.2 | -1.6 | 11.6 | 14.9 | 16.0 | 6.5 | 2.8 |
| Price to sales | 6.4 | 6.8 | 4.9 | 3.3 | 4.7 | 2.2 | 8.7 | 16.3 | 14.8 | 4.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 1 years. Last went ex-dividend on 27 Aug 2025.
| FY2025 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.04 | 0.01 | 0.02 | 0.11 | 0.11 | 0.259 | 0.073 | 0.356 |
- 1-to-1 reverse split · 20 Aug 2008
- 1-to-1 reverse split · 20 Aug 2007
- 1-to-1 reverse split · 7 May 2007
- 1-to-1 reverse split · 25 Aug 2006
- 1-to-1 reverse split · 25 May 2006
- 1-to-1 reverse split · 18 Oct 2002
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.