K 
0.41
-8.99%
Close of 9 Nov 2026, in HKD
Search any instrument
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$87.6m
FY2017FY2026
Net income
−HK$24.3m
FY2017FY2026
Free cash flow
−HK$12.9m
FY2017FY2026
Shareholders' equity
HK$58.1m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$87.6m | HK$129.6m | HK$175.2m | HK$245.3m | HK$751.8m | HK$933.8m | HK$374.9m | HK$203.0m | HK$225.6m | HK$125.6m |
| Gross profit | HK$229,999 | −HK$43.7m | −HK$31.0m | −HK$29.0m | HK$29.7m | HK$41.7m | HK$40.8m | HK$1.8m | HK$2.8m | HK$4.6m |
| Operating income | −HK$21.7m | −HK$56.1m | −HK$42.4m | −HK$63.8m | −HK$9.5m | HK$8.6m | HK$8.2m | −HK$22.8m | −HK$27.7m | −HK$33.5m |
| Net income | −HK$24.3m | −HK$57.6m | −HK$51.6m | −HK$74.1m | −HK$18.3m | HK$1.1m | HK$1.0m | −HK$29.1m | −HK$25.2m | −HK$33.8m |
| Diluted earnings per share | -0.05 | -0.12 | -0.11 | -0.19 | -0.05 | 0.00 | 0.00 | -0.06 | -0.06 | -0.08 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$206.9m | HK$273.9m | HK$202.0m | HK$440.0m | HK$658.0m | HK$682.9m | HK$418.8m | HK$327.3m | HK$237.5m | HK$244.5m |
| Cash and short-term investments | HK$1.1m | HK$48.5m | HK$84.5m | HK$58.8m | HK$57.9m | HK$6.4m | HK$71.1m | HK$71.8m | HK$12.6m | HK$12.1m |
| Total liabilities | HK$148.8m | HK$358.2m | HK$227.8m | HK$439.0m | HK$582.9m | HK$589.4m | HK$326.4m | HK$235.9m | HK$112.5m | HK$94.3m |
| Debt | HK$69.1m | HK$54.1m | HK$25.7m | HK$211.7m | HK$281.7m | HK$192.0m | HK$143.1m | HK$118.2m | HK$58.3m | HK$47.2m |
| Shareholders' equity | HK$58.1m | −HK$84.2m | −HK$25.8m | HK$1.0m | HK$75.1m | HK$93.5m | HK$92.4m | HK$91.4m | HK$125.0m | HK$150.2m |
| Shares outstanding | 479m | 480m | 480m | 400m | 400m | 400m | 400m | 496m | 400m | 400m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −HK$11.9m | −HK$6.5m | HK$52.9m | HK$42.7m | HK$16.3m | −HK$79.3m | HK$6.6m | −HK$20.9m | −HK$4.4m | −HK$8.5m |
| Capital spending | −HK$1.1m | −HK$4,000 | −HK$178,000 | −HK$6,000 | −HK$1.8m | −HK$3.0m | −HK$2.4m | −HK$7.0m | −HK$3.0m | −HK$4.5m |
| Free cash flow | −HK$12.9m | −HK$6.5m | HK$52.7m | HK$42.7m | HK$14.6m | −HK$82.3m | HK$4.2m | −HK$28.0m | −HK$7.4m | −HK$13.0m |
Latest quarters
By quarter end
| Mar 2026 | Sept 2025 | Mar 2025 | Sept 2024 | Mar 2024 | Sept 2023 | Mar 2023 | Sept 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$59.3m | HK$28.3m | HK$54.5m | HK$75.1m | HK$99.6m | HK$75.5m | HK$108.0m | HK$137.3m |
| Gross profit | −HK$1.5m | HK$1.4m | −HK$32.8m | −HK$10.9m | HK$33.5m | HK$368,000 | −HK$9.3m | −HK$22.2m |
| Operating income | −HK$14.7m | −HK$6.9m | −HK$59.2m | −HK$44.4m | −HK$11.2m | −HK$18.4m | −HK$27.1m | −HK$47.0m |
| Net income | −HK$14.1m | −HK$10.2m | −HK$12.8m | −HK$44.8m | −HK$28.0m | −HK$23.5m | −HK$27.9m | −HK$46.2m |
| Diluted earnings per share | -0.03 | -0.02 | -0.03 | -0.09 | -0.06 | -0.06 | -0.07 | -0.12 |
| Cash from operations | −HK$40.0m | HK$27.0m | HK$5.0m | −HK$12.0m | HK$45.0m | HK$7.0m | HK$20.0m | HK$23.0m |
| Capital spending | — | −HK$1.0m | — | — | — | — | — | — |
| Free cash flow | — | HK$26.0m | — | — | — | — | — | — |
| Total assets | HK$206.9m | HK$195.8m | HK$273.9m | HK$137.0m | HK$202.0m | HK$357.1m | HK$440.0m | HK$555.1m |
| Cash and short-term investments | HK$1.1m | HK$2.6m | HK$48.5m | HK$72.1m | HK$84.5m | HK$53.6m | HK$58.8m | HK$61.3m |
| Debt | HK$69.1m | HK$50.5m | HK$54.1m | HK$18.0m | HK$25.7m | HK$112.5m | HK$211.7m | HK$261.6m |
| Shareholders' equity | HK$58.1m | HK$69.4m | −HK$84.2m | −HK$70.2m | −HK$25.8m | −HK$22.5m | HK$1.0m | HK$28.9m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -29.1% | -37.7% | -15.9% |
| Operating income | -30.2% | — | — |
| Net income | -31.0% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | -20.0% | -16.2% | -1.4% | 2.5% |
| Operating margin | -35.8% | -28.8% | -8.0% | -5.6% |
| Net margin | -37.7% | -32.5% | -9.7% | -7.3% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -8.0 | -2.8 | -1.6 | -4.3 | -5.7 | 181.1 | 152.6 | -23.9 | -32.1 | -13.7 |
| Price to sales | 2.2 | 1.3 | 0.5 | 1.3 | 0.1 | 0.2 | 0.4 | 3.4 | 3.6 | 3.7 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.