G 
0.13
0.00%
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$2.83bn
FY2016FY2025
Net income
HK$15.4m
FY2016FY2025
Free cash flow
HK$57.9m
FY2016FY2025
Shareholders' equity
HK$148.0m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$2.83bn | HK$2.93bn | HK$2.46bn | HK$3.99bn | HK$5.24bn | HK$6.25bn | HK$1.24bn | HK$1.21bn | HK$1.51bn | HK$2.50bn |
| Gross profit | HK$58.6m | HK$84.9m | HK$12.8m | HK$115.0m | HK$80.6m | HK$145.4m | HK$57.7m | HK$68.7m | HK$62.7m | HK$75.5m |
| Research and development | — | — | — | — | — | HK$999,000 | HK$9.3m | HK$9.1m | HK$2.8m | HK$2.8m |
| Operating income | HK$49.6m | HK$48.2m | −HK$36.3m | HK$64.4m | HK$23.6m | HK$9.1m | −HK$94.3m | −HK$15.9m | −HK$14.2m | −HK$1.4m |
| Net income | HK$15.4m | HK$18.2m | −HK$85.3m | −HK$13.6m | HK$7.2m | −HK$19.0m | −HK$145.5m | −HK$22.4m | −HK$145,000 | HK$19.9m |
| Diluted earnings per share | 0.02 | 0.03 | -0.19 | -0.04 | 0.02 | -0.03 | -0.02 | -0.04 | -0.00 | 0.16 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$667.6m | HK$679.9m | HK$664.3m | HK$880.7m | HK$858.8m | HK$1.04bn | HK$733.2m | HK$837.7m | HK$1.04bn | HK$968.7m |
| Cash and short-term investments | HK$144.5m | HK$86.7m | HK$66.3m | HK$134.0m | HK$149.9m | HK$42.5m | HK$273.4m | — | — | — |
| Total liabilities | HK$519.6m | HK$575.6m | HK$567.3m | HK$703.2m | HK$704.7m | HK$907.2m | HK$581.9m | HK$523.6m | HK$734.4m | HK$644.4m |
| Debt | HK$105.5m | HK$105.6m | HK$106.6m | HK$224.7m | HK$3.9m | HK$266.3m | HK$266.8m | HK$549.1m | HK$517.6m | HK$371.5m |
| Shareholders' equity | HK$148.0m | HK$108.3m | HK$97.0m | HK$177.5m | HK$154.2m | HK$131.8m | HK$151.3m | HK$314.0m | HK$304.7m | HK$324.3m |
| Shares outstanding | 622m | 622m | 450m | 375m | 375m | 622m | 6,397m | 622m | 622m | 126m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | HK$57.9m | HK$51.8m | −HK$14.9m | HK$24.1m | HK$99.5m | −HK$130.3m | −HK$11.8m | −HK$100.3m | HK$70.5m | −HK$18.2m |
| Capital spending | −HK$14,000 | −HK$119,000 | −HK$251,000 | −HK$1.1m | −HK$3.6m | −HK$1.4m | −HK$50.8m | −HK$62.1m | −HK$40.3m | −HK$2.9m |
| Free cash flow | HK$57.9m | HK$51.7m | −HK$15.2m | HK$23.0m | HK$95.9m | −HK$131.6m | −HK$62.6m | −HK$162.4m | HK$30.2m | −HK$21.0m |
Latest quarters
By quarter end
| Sept 2025 | Mar 2025 | Sept 2024 | Mar 2024 | Sept 2023 | Mar 2023 | Sept 2022 | Mar 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$1.24bn | HK$1.39bn | HK$1.44bn | HK$1.42bn | HK$1.52bn | HK$1.15bn | HK$1.31bn | HK$1.50bn |
| Gross profit | HK$1.6m | HK$29.5m | HK$29.1m | HK$67.1m | HK$17.9m | HK$29.1m | −HK$16.3m | HK$32.3m |
| Operating income | HK$12.8m | HK$31.1m | HK$18.5m | HK$48.0m | −HK$3.5m | HK$318,000 | −HK$36.6m | HK$7.6m |
| Net income | HK$4.7m | HK$13.2m | HK$2.2m | HK$30.3m | −HK$12.1m | −HK$18.7m | −HK$66.6m | −HK$54.1m |
| Diluted earnings per share | 0.01 | 0.02 | 0.00 | 0.05 | -0.03 | -0.04 | -0.18 | -0.14 |
| Cash from operations | HK$21.0m | HK$36.0m | HK$21.0m | HK$30.0m | HK$21.0m | −HK$29.0m | HK$14.0m | HK$29.0m |
| Total assets | HK$741.1m | HK$667.6m | HK$755.4m | HK$679.9m | HK$689.9m | HK$664.3m | HK$713.7m | HK$880.7m |
| Cash and short-term investments | HK$77.6m | HK$144.5m | HK$119.3m | HK$86.7m | — | HK$66.3m | HK$106.2m | HK$134.0m |
| Debt | HK$12.2m | HK$105.5m | HK$207.5m | HK$105.6m | HK$207.1m | HK$106.6m | HK$111.1m | HK$224.7m |
| Shareholders' equity | HK$155.8m | HK$148.0m | HK$139.9m | HK$108.3m | HK$76.9m | HK$97.0m | HK$92.9m | HK$177.5m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -10.8% | -14.6% | 4.8% |
| Operating income | -8.4% | 40.2% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 2.5% | 2.2% | 2.1% | 2.3% |
| Operating margin | 1.7% | 1.0% | 0.7% | -0.3% |
| Net margin | 0.6% | -0.5% | -0.3% | -1.1% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 5.6 | 4.0 | -0.7 | -7.7 | 29.1 | -42.4 | -88.3 | -55.8 | -15912.4 | 187.2 |
| Price to sales | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 10.4 | 1.0 | 1.5 | 1.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 6 Sept 2012.
| FY2013 | |
|---|---|
| Paid in the year | 0.12 |
- 20-to-1 reverse split · 12 Apr 2023
- 5-for-1 split · 3 May 2016
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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