0.25
-1.96%
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$1.19bn
FY2017FY2026
Net income
HK$28.8m
FY2017FY2026
Free cash flow
−HK$36.3m
FY2017FY2026
Shareholders' equity
HK$602.1m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$1.19bn | HK$1.14bn | HK$1.08bn | HK$877.3m | HK$712.5m | HK$637.3m | HK$606.3m | HK$595.5m | HK$409.9m | HK$487.5m |
| Gross profit | HK$267.6m | HK$230.2m | HK$209.5m | HK$173.7m | HK$131.0m | HK$110.3m | HK$117.6m | HK$97.4m | HK$48.7m | HK$96.2m |
| Operating income | HK$61.5m | HK$54.4m | HK$37.2m | HK$44.1m | HK$30.7m | HK$35.7m | HK$27.0m | HK$33.3m | −HK$7.8m | HK$41.7m |
| Net income | HK$28.8m | HK$25.7m | HK$16.7m | HK$11.0m | HK$8.1m | HK$8.1m | HK$70.1m | HK$83.9m | −HK$11.2m | HK$30.4m |
| Diluted earnings per share | 0.03 | 0.03 | 0.02 | 0.01 | 0.01 | 0.01 | 0.10 | 0.13 | -0.02 | 0.07 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$1.11bn | HK$1.06bn | HK$954.5m | HK$865.1m | HK$777.5m | HK$701.3m | HK$573.3m | HK$509.5m | HK$329.5m | HK$248.3m |
| Cash and short-term investments | HK$272.1m | HK$376.0m | HK$306.6m | HK$216.9m | HK$107.4m | HK$106.8m | HK$46.6m | HK$53.0m | HK$38.3m | HK$27.4m |
| Total liabilities | HK$485.8m | HK$482.7m | HK$389.3m | HK$314.8m | HK$222.7m | HK$196.1m | HK$123.6m | HK$169.6m | HK$117.6m | HK$64.2m |
| Debt | HK$37.0m | HK$57.3m | HK$62.5m | HK$57.6m | HK$59.6m | HK$22.4m | HK$21.8m | HK$60.4m | HK$22.9m | HK$15.5m |
| Shareholders' equity | HK$602.1m | HK$562.6m | HK$537.7m | HK$531.0m | HK$531.0m | HK$483.6m | HK$442.0m | HK$327.8m | HK$205.9m | HK$179.5m |
| Shares outstanding | 878m | 878m | 878m | 878m | 878m | 877m | 719m | 632m | 525m | 412m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −HK$35.4m | HK$88.3m | HK$96.4m | HK$121.4m | −HK$39.9m | HK$49.0m | HK$10.4m | HK$36.0m | HK$16.7m | −HK$53.0m |
| Capital spending | −HK$888,000 | −HK$3.1m | −HK$2.8m | −HK$390,000 | −HK$169,000 | −HK$848,000 | −HK$775,000 | −HK$736,000 | −HK$1.5m | −HK$4.7m |
| Free cash flow | −HK$36.3m | HK$85.2m | HK$93.6m | HK$121.0m | −HK$40.1m | HK$48.1m | HK$9.6m | HK$35.3m | HK$15.2m | −HK$57.7m |
| Dividends paid | −HK$9.2m | −HK$8.8m | — | — | — | — | — | — | — | — |
Latest quarters
By quarter end
| Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Jun 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$676.7m | HK$338.4m | HK$517.3m | −HK$338.4m | HK$636.0m | HK$318.0m | HK$252.0m | HK$252.0m |
| Gross profit | HK$169.1m | HK$84.5m | HK$98.5m | −HK$84.5m | HK$123.2m | HK$62.8m | HK$52.3m | HK$52.3m |
| Operating income | HK$42.0m | HK$21.0m | HK$19.5m | HK$9.8m | HK$32.3m | HK$16.2m | HK$11.9m | HK$11.9m |
| Net income | HK$15.5m | HK$7.7m | HK$13.4m | −HK$7.7m | HK$3.7m | HK$1.8m | HK$11.0m | HK$11.0m |
| Diluted earnings per share | 0.02 | 0.01 | 0.02 | -0.01 | 0.00 | 0.00 | 0.01 | 0.01 |
| Cash from operations | HK$83.0m | HK$37.0m | −HK$118.0m | −HK$59.0m | HK$96.0m | HK$42.0m | HK$3.0m | HK$1.0m |
| Capital spending | — | — | — | — | −HK$1.0m | −HK$1.0m | — | — |
| Free cash flow | — | — | — | — | HK$95.0m | HK$41.0m | — | — |
| Total assets | HK$1.11bn | HK$1.11bn | HK$940.2m | HK$940.2m | HK$1.06bn | HK$1.06bn | HK$960.5m | HK$960.5m |
| Cash and short-term investments | HK$272.1m | HK$245.0m | HK$244.2m | HK$242.2m | HK$376.0m | HK$376.0m | HK$298.7m | HK$298.7m |
| Debt | HK$36.7m | HK$677,000 | HK$57.9m | HK$22.8m | HK$57.3m | HK$22.8m | HK$63.0m | HK$41.4m |
| Shareholders' equity | HK$602.1m | HK$602.1m | HK$576.6m | HK$576.6m | HK$562.6m | HK$562.6m | HK$573.1m | HK$573.1m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 10.8% | 13.4% | 9.0% |
| Operating income | 11.7% | 11.5% | 4.5% |
| Net income | 38.0% | 28.9% | -0.0% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 21.3% | 20.5% | 19.9% | 19.0% |
| Operating margin | 5.0% | 4.6% | 4.7% | 4.8% |
| Net margin | 2.3% | 1.9% | 1.7% | 3.6% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 7.8 | 9.9 | 10.2 | 17.6 | 21.1 | 36.8 | 3.0 | 3.5 | -47.9 | 12.1 |
| Price to sales | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.5 | 0.3 | 0.5 | 1.3 | 0.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 2 years. Last went ex-dividend on 2 Sept 2025.
| FY2026 | FY2025 | |
|---|---|---|
| Paid in the year | 0.011 | 0.01 |
- 10-to-1 reverse split · 8 Dec 2020
- 4-for-1 split · 5 Oct 2015
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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