G
3.95
+1.80%
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$259.6m
FY2019FY2026
Net income
−HK$60.8m
FY2019FY2026
Free cash flow
HK$34.1m
FY2019FY2026
Shareholders' equity
HK$211.6m
FY2019FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$259.6m | HK$530.7m | HK$585.2m | HK$541.6m | HK$456.4m | HK$440.4m | HK$513.2m | HK$447.9m |
| Gross profit | HK$4.1m | HK$2.1m | HK$41.8m | HK$65.5m | HK$57.7m | HK$53.9m | HK$46.0m | HK$31.5m |
| Operating income | −HK$15.3m | −HK$53.9m | HK$20.6m | HK$56.3m | HK$38.9m | HK$53.6m | HK$31.9m | HK$19.2m |
| Net income | −HK$60.8m | −HK$53.5m | HK$19.1m | HK$49.3m | HK$31.3m | HK$46.0m | HK$25.8m | HK$15.7m |
| Diluted earnings per share | -0.06 | -0.05 | 0.02 | 0.05 | 0.03 | 0.05 | 0.03 | 0.02 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Total assets | HK$247.6m | HK$321.1m | HK$384.6m | HK$358.3m | HK$199.2m | HK$187.2m | HK$177.7m | HK$164.4m |
| Cash and short-term investments | — | HK$18.8m | HK$81.9m | HK$97.9m | HK$27.5m | HK$18.7m | HK$6.8m | HK$27.2m |
| Total liabilities | HK$36.1m | HK$48.7m | HK$58.8m | HK$51.6m | HK$56.7m | HK$76.1m | HK$113.0m | HK$124.3m |
| Debt | — | HK$8.8m | HK$370,000 | HK$5.6m | HK$353,000 | HK$2.6m | HK$37.5m | HK$31.4m |
| Shareholders' equity | HK$211.6m | HK$272.3m | HK$325.8m | HK$306.8m | HK$142.5m | HK$111.2m | HK$64.7m | HK$40.2m |
| Shares outstanding | 1,000m | 1,000m | 1,000m | 1,000m | 1,000m | 1,000m | 1,000m | 1,000m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | HK$34.6m | −HK$71.7m | −HK$10.4m | −HK$40.3m | HK$14.4m | HK$58.9m | −HK$18.8m | −HK$49.1m |
| Capital spending | −HK$506,000 | −HK$273,000 | −HK$2.4m | −HK$2.5m | −HK$868,000 | −HK$1.3m | −HK$332,000 | −HK$502,000 |
| Free cash flow | HK$34.1m | −HK$72.0m | −HK$12.9m | −HK$42.9m | HK$13.5m | HK$57.6m | −HK$19.1m | −HK$49.6m |
| Dividends paid | — | — | — | — | — | — | −HK$1.3m | — |
Latest quarters
By quarter end
| Sept 2025 | Mar 2025 | Sept 2024 | Mar 2024 | Sept 2023 | Mar 2023 | Sept 2022 | Mar 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$155.9m | HK$265.3m | HK$265.3m | HK$302.3m | HK$282.8m | HK$278.9m | HK$262.7m | HK$203.0m |
| Gross profit | HK$799,000 | −HK$761,000 | HK$2.9m | HK$12.6m | HK$29.3m | HK$33.5m | HK$32.0m | HK$27.1m |
| Operating income | −HK$8.9m | −HK$45.9m | −HK$8.0m | HK$1.5m | HK$19.0m | HK$19.5m | HK$40.5m | HK$18.2m |
| Net income | −HK$9.0m | −HK$46.3m | −HK$7.2m | HK$2.5m | HK$16.6m | HK$13.0m | HK$36.3m | HK$14.5m |
| Diluted earnings per share | -0.01 | -0.05 | -0.01 | 0.00 | 0.02 | 0.02 | 0.04 | 0.01 |
| Cash from operations | — | −HK$42.0m | −HK$29.0m | −HK$23.0m | HK$12.0m | −HK$36.0m | −HK$4.0m | HK$24.0m |
| Capital spending | — | — | — | — | −HK$1.0m | −HK$1.0m | — | — |
| Free cash flow | — | — | — | — | HK$11.0m | −HK$37.0m | — | — |
| Total assets | HK$297.7m | HK$321.1m | HK$368.6m | HK$384.6m | HK$364.7m | HK$358.3m | HK$249.2m | — |
| Cash and short-term investments | HK$22.2m | HK$18.8m | — | HK$81.9m | HK$104.2m | HK$97.9m | HK$25.4m | — |
| Debt | HK$13.6m | HK$8.8m | — | HK$370,000 | — | HK$5.6m | HK$15.2m | — |
| Shareholders' equity | HK$263.3m | HK$272.3m | HK$318.7m | HK$325.8m | HK$323.4m | HK$306.8m | HK$178.8m | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -21.7% | -10.0% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 0.8% | 5.9% | 8.0% | — |
| Operating margin | -8.8% | 0.4% | 3.6% | — |
| Net margin | -14.5% | -2.4% | 1.1% | — |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Price to earnings | -65.7 | -7.3 | 25.7 | 9.7 | 16.6 |
| Price to sales | 15.4 | 0.7 | 0.8 | 0.9 | 1.1 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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