0.16
+15.94%
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$166.7m
FY2016FY2025
Net income
HK$21.3m
FY2016FY2025
Free cash flow
HK$7.1m
FY2016FY2025
Shareholders' equity
HK$280.6m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$166.7m | HK$121.6m | HK$113.3m | HK$203.7m | HK$103.1m | HK$59.0m | HK$77.5m | HK$79.0m | HK$79.0m | HK$100.3m |
| Research and development | HK$498,000 | HK$3.2m | — | — | — | — | HK$38,000 | — | — | — |
| Operating income | HK$45.2m | HK$24.7m | HK$12.6m | HK$21.1m | HK$25.4m | HK$5.7m | HK$19.1m | −HK$59.2m | −HK$56.4m | HK$18.0m |
| Net income | HK$21.3m | −HK$8.7m | −HK$8.3m | −HK$16.3m | HK$6.1m | −HK$5.0m | HK$9.6m | −HK$139.7m | −HK$61.1m | HK$10.3m |
| Diluted earnings per share | 0.02 | -0.01 | -0.01 | -0.01 | 0.01 | -0.00 | 0.01 | -0.13 | -0.05 | 0.01 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$515.3m | HK$516.7m | HK$526.1m | HK$531.1m | HK$528.8m | HK$477.4m | HK$479.9m | HK$475.9m | HK$628.9m | HK$681.1m |
| Cash and short-term investments | HK$67.9m | HK$35.2m | HK$30.2m | HK$34.6m | HK$77.3m | HK$58.9m | HK$79.2m | HK$67.4m | HK$35.5m | HK$25.1m |
| Total liabilities | HK$240.1m | HK$263.9m | HK$247.2m | HK$228.2m | HK$145.7m | HK$102.2m | HK$102.2m | HK$101.5m | HK$107.1m | HK$111.5m |
| Debt | HK$80.3m | HK$202.6m | HK$184.9m | HK$168.4m | HK$74.8m | HK$23.0m | HK$25.7m | HK$39.2m | HK$39.2m | HK$32.4m |
| Shareholders' equity | HK$280.6m | HK$258.8m | HK$284.4m | HK$295.5m | HK$352.9m | HK$345.1m | HK$345.8m | HK$350.5m | HK$492.8m | HK$542.0m |
| Shares outstanding | 1,113m | 1,107m | 1,107m | 1,107m | 1,107m | 1,107m | 1,107m | 1,111m | 1,111m | 1,013m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | HK$11.9m | HK$1.9m | −HK$24.7m | −HK$80.5m | −HK$7.6m | HK$6.2m | HK$34.7m | HK$45.6m | HK$1.9m | −HK$8.5m |
| Capital spending | −HK$4.8m | −HK$811,000 | −HK$5.9m | −HK$3.9m | −HK$3.7m | −HK$6.7m | −HK$17.4m | −HK$12.5m | −HK$6.4m | −HK$3.5m |
| Free cash flow | HK$7.1m | HK$1.1m | −HK$30.7m | −HK$84.5m | −HK$11.3m | −HK$497,000 | HK$17.3m | HK$33.1m | −HK$4.6m | −HK$12.1m |
| Dividends paid | — | — | — | — | −HK$6.3m | −HK$10.3m | −HK$5.5m | −HK$5.5m | −HK$5.5m | −HK$9.5m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$57.6m | HK$85.9m | HK$80.8m | HK$75.9m | HK$45.7m | HK$67.8m | HK$45.5m | HK$115.5m |
| Operating income | HK$10.1m | HK$24.1m | HK$21.0m | HK$23.8m | HK$891,000 | HK$8.4m | HK$4.6m | HK$14.1m |
| Net income | HK$6.7m | HK$9.3m | HK$11.9m | HK$203,000 | −HK$8.9m | −HK$138,000 | −HK$8.1m | −HK$1.7m |
| Diluted earnings per share | 0.01 | 0.01 | 0.01 | 0.00 | -0.01 | -0.00 | -0.01 | -0.00 |
| Cash from operations | — | HK$6.0m | HK$5.0m | HK$5.0m | −HK$8.0m | −HK$53.0m | HK$16.0m | −HK$21.0m |
| Capital spending | — | — | −HK$4.0m | — | — | −HK$3.0m | −HK$2.0m | −HK$3.0m |
| Free cash flow | — | — | HK$1.0m | — | — | −HK$56.0m | HK$14.0m | −HK$24.0m |
| Total assets | HK$499.0m | HK$515.3m | HK$547.6m | HK$516.7m | HK$495.0m | HK$526.1m | HK$539.6m | HK$531.1m |
| Cash and short-term investments | HK$71.0m | HK$67.9m | HK$87.3m | HK$35.2m | HK$15.3m | HK$30.2m | HK$47.1m | HK$34.6m |
| Debt | HK$43.9m | HK$79.6m | HK$132.9m | HK$202.6m | HK$65.2m | HK$184.9m | HK$168.4m | HK$153.8m |
| Shareholders' equity | HK$280.0m | HK$280.6m | HK$280.1m | HK$258.8m | HK$256.1m | HK$284.4m | HK$299.8m | HK$308.5m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -6.5% | 23.1% | 1.4% |
| Operating income | 28.9% | 51.5% | 2.0% |
| Net income | — | — | -6.0% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 24.2% | 17.1% | 17.5% | 7.5% |
| Net margin | 4.4% | -2.0% | -1.4% | -12.2% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 7.8 | -20.6 | -8.3 | -10.8 | 22.2 | -19.4 | 15.7 | -1.1 | -6.5 | 51.9 |
| Price to sales | 1.0 | 1.5 | 0.6 | 0.9 | 1.3 | 1.6 | 1.9 | 1.9 | 5.1 | 5.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 9 Sept 2021.
| FY2021 | FY2020 | FY2016 | FY2015 | |
|---|---|---|---|---|
| Paid in the year | 0.005 | 0.01 | 0.01 | 0.02 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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