0.12
-4.00%
Close of 5 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$4.70bn
FY2016FY2025
Net income
HK$60.3m
FY2016FY2025
Free cash flow
HK$58.0m
FY2016FY2025
Shareholders' equity
HK$1.03bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$4.70bn | HK$4.09bn | HK$3.61bn | HK$3.17bn | HK$4.26bn | HK$3.23bn | HK$3.00bn | HK$4.26bn | HK$4.18bn | HK$3.50bn |
| Gross profit | HK$1.10bn | HK$1.05bn | HK$919.7m | HK$586.5m | HK$717.0m | HK$623.8m | HK$605.3m | HK$772.0m | HK$829.2m | HK$821.5m |
| Research and development | HK$89.7m | HK$88.0m | HK$80.2m | HK$74.4m | HK$67.4m | HK$48.4m | HK$58.2m | HK$70.4m | HK$77.4m | HK$59.0m |
| Operating income | HK$167.2m | HK$244.6m | HK$172.4m | −HK$61.3m | HK$76.8m | HK$92.6m | −HK$62.3m | HK$395,000 | HK$41.6m | HK$96.9m |
| Net income | HK$60.3m | HK$138.1m | HK$62.6m | −HK$36.0m | HK$15.3m | HK$58.5m | −HK$216.5m | −HK$5.8m | HK$39.7m | HK$103.5m |
| Diluted earnings per share | 0.03 | 0.08 | 0.04 | -0.02 | 0.01 | 0.03 | -0.12 | -0.00 | 0.02 | 0.06 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$3.24bn | HK$2.56bn | HK$2.41bn | HK$2.24bn | HK$2.83bn | HK$2.51bn | HK$2.41bn | HK$2.90bn | HK$2.88bn | HK$2.54bn |
| Cash and short-term investments | HK$386.9m | HK$262.4m | HK$309.9m | HK$169.0m | HK$229.7m | HK$147.2m | HK$242.1m | HK$266.8m | HK$188.3m | HK$150.5m |
| Total liabilities | HK$2.16bn | HK$1.56bn | HK$1.49bn | HK$1.35bn | HK$1.82bn | HK$1.56bn | HK$1.54bn | HK$1.68bn | HK$1.57bn | HK$1.32bn |
| Debt | HK$1.06bn | HK$743.8m | HK$722.6m | HK$822.0m | HK$944.9m | HK$785.4m | HK$908.4m | HK$873.8m | HK$736.1m | HK$476.9m |
| Shareholders' equity | HK$1.03bn | HK$973.7m | HK$925.8m | HK$895.2m | HK$992.8m | HK$954.5m | HK$855.0m | HK$1.08bn | HK$1.16bn | HK$1.06bn |
| Shares outstanding | 1,750m | 1,750m | 1,750m | 1,750m | 1,750m | 1,750m | 1,750m | 1,750m | 1,750m | 1,750m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | HK$150.7m | HK$249.9m | HK$420.3m | HK$149.6m | HK$118.3m | HK$76.1m | HK$306.0m | HK$57.7m | −HK$25.0m | −HK$101.9m |
| Capital spending | −HK$92.8m | −HK$65.8m | −HK$62.2m | −HK$51.0m | −HK$48.6m | −HK$29.4m | −HK$70.2m | −HK$46.0m | −HK$135.4m | −HK$285.0m |
| Free cash flow | HK$58.0m | HK$184.1m | HK$358.1m | HK$98.6m | HK$69.7m | HK$46.7m | HK$235.9m | HK$11.7m | −HK$160.4m | −HK$386.9m |
| Dividends paid | −HK$31.5m | −HK$42.9m | −HK$22.2m | −HK$21.0m | −HK$4.9m | −HK$44.1m | −HK$19.4m | −HK$29.4m | −HK$33.1m | −HK$54.3m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$2.58bn | HK$2.80bn | HK$1.89bn | HK$2.09bn | HK$2.00bn | HK$2.02bn | HK$1.59bn | HK$1.53bn |
| Gross profit | HK$680.7m | HK$659.8m | HK$442.4m | HK$539.7m | HK$507.3m | HK$563.6m | HK$356.1m | HK$358.9m |
| Operating income | HK$63.2m | HK$113.9m | HK$53.3m | HK$128.7m | HK$115.8m | HK$87.7m | HK$67.9m | −HK$12.1m |
| Net income | HK$11.8m | HK$33.4m | HK$26.9m | HK$76.0m | HK$62.1m | HK$44.0m | HK$18.6m | HK$5.9m |
| Diluted earnings per share | 0.01 | 0.02 | 0.02 | 0.04 | 0.04 | 0.03 | 0.01 | 0.00 |
| Cash from operations | −HK$19.0m | HK$140.0m | HK$10.0m | HK$86.0m | HK$119.0m | HK$232.0m | HK$164.0m | HK$199.0m |
| Capital spending | −HK$38.0m | −HK$45.0m | −HK$47.0m | −HK$37.0m | −HK$28.0m | −HK$35.0m | −HK$26.0m | −HK$21.0m |
| Free cash flow | −HK$57.0m | HK$95.0m | −HK$37.0m | HK$49.0m | HK$91.0m | HK$197.0m | HK$138.0m | HK$178.0m |
| Total assets | HK$3.16bn | HK$3.24bn | HK$2.73bn | HK$2.56bn | HK$2.48bn | HK$2.41bn | HK$2.32bn | HK$2.24bn |
| Cash and short-term investments | HK$262.9m | HK$386.9m | HK$348.3m | HK$262.4m | HK$357.6m | HK$309.9m | HK$240.5m | HK$169.0m |
| Debt | HK$833.5m | HK$1.06bn | HK$891.3m | HK$743.8m | HK$507.0m | HK$722.6m | HK$772.4m | HK$822.0m |
| Shareholders' equity | HK$1.06bn | HK$1.03bn | HK$973.5m | HK$973.7m | HK$946.3m | HK$925.8m | HK$884.0m | HK$895.2m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 14.0% | 7.8% | 5.0% |
| Operating income | — | 12.5% | -2.9% |
| Net income | — | 0.6% | -10.0% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 24.5% | 23.5% | 21.7% | 21.6% |
| Operating margin | 4.7% | 3.4% | 3.0% | 2.4% |
| Net margin | 2.3% | 1.4% | 1.3% | 1.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 6.8 | 3.2 | 2.0 | -3.4 | 26.9 | 4.6 | -1.7 | -120.7 | 30.9 | 10.7 |
| Price to sales | 0.1 | 0.1 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.2 | 0.3 | 0.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 4 years. Last went ex-dividend on 12 Sept 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.018 | 0.023 | 0.004 | 0.004 | 0.01 | 0.01 | 0.031 | 0.04 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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