H 
0.12
+13.21%
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$227.7m
FY2016FY2025
Net income
−HK$9.4m
FY2016FY2025
Free cash flow
−HK$58.4m
FY2016FY2025
Shareholders' equity
HK$518.6m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$227.7m | HK$188.7m | HK$293.2m | HK$191.0m | HK$247.2m | HK$113.2m | HK$94.0m | HK$187.3m | HK$125.9m | HK$116.0m |
| Gross profit | HK$43.4m | HK$36.0m | HK$60.8m | HK$34.5m | HK$47.2m | HK$23.5m | HK$27.4m | HK$44.7m | HK$40.9m | HK$47.6m |
| Research and development | HK$535,000 | HK$510,000 | HK$465,000 | HK$514,000 | — | — | — | — | — | — |
| Operating income | HK$1.9m | −HK$12.8m | HK$19.0m | HK$8.7m | HK$9.3m | −HK$8.4m | −HK$3.4m | −HK$14.8m | −HK$4.7m | HK$27.4m |
| Net income | −HK$9.4m | −HK$32.7m | −HK$5.6m | −HK$4.2m | HK$5.0m | −HK$10.1m | HK$8.9m | −HK$16.6m | −HK$8.2m | HK$24.2m |
| Diluted earnings per share | -0.01 | -0.02 | -0.00 | -0.01 | 0.01 | -0.04 | 0.03 | -0.07 | -0.03 | 0.09 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$621.7m | HK$468.8m | HK$480.9m | HK$340.2m | HK$317.9m | HK$263.6m | HK$154.5m | HK$160.0m | HK$201.6m | HK$173.1m |
| Cash and short-term investments | HK$64.5m | HK$62.2m | HK$40.4m | HK$52.5m | HK$21.9m | HK$49.2m | HK$33.2m | HK$105.8m | HK$134.5m | HK$154.2m |
| Total liabilities | HK$88.5m | HK$117.2m | HK$117.4m | HK$91.8m | HK$74.0m | HK$41.0m | HK$15.5m | HK$29.3m | HK$49.3m | HK$16.5m |
| Debt | HK$48.2m | HK$75.6m | HK$74.5m | HK$44.0m | HK$41.5m | HK$3.8m | HK$5.2m | −HK$873,000 | — | −HK$726,000 |
| Shareholders' equity | HK$518.6m | HK$340.9m | HK$354.4m | HK$244.0m | HK$242.1m | HK$222.6m | HK$138.9m | HK$130.7m | HK$147.2m | HK$156.6m |
| Shares outstanding | 1,633m | 1,459m | 1,296m | 289m | 342m | 273m | 268m | 250m | 268m | 268m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −HK$58.4m | −HK$1.4m | −HK$154.3m | HK$11.6m | −HK$75.5m | −HK$40.5m | −HK$75.7m | −HK$23.8m | −HK$9.8m | HK$26.4m |
| Capital spending | — | −HK$3.1m | — | −HK$303,000 | — | −HK$35.7m | −HK$12,000 | −HK$730,000 | −HK$14.9m | −HK$3.4m |
| Free cash flow | −HK$58.4m | −HK$4.5m | −HK$154.3m | HK$11.3m | −HK$75.5m | −HK$76.2m | −HK$75.7m | −HK$24.5m | −HK$24.8m | HK$23.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$119.9m | HK$60.0m | HK$103.5m | HK$51.8m | HK$62.1m | HK$62.1m | HK$31.7m | HK$31.7m |
| Gross profit | HK$26.9m | HK$13.7m | HK$15.5m | HK$8.1m | HK$14.1m | HK$14.1m | HK$5.6m | HK$5.6m |
| Operating income | HK$10.4m | HK$5.2m | −HK$10.6m | −HK$4.2m | HK$4.9m | HK$4.9m | −HK$12.6m | −HK$12.6m |
| Net income | HK$2.9m | HK$1.5m | −HK$6.0m | −HK$3.0m | −HK$1.7m | −HK$1.7m | −HK$17.8m | −HK$17.8m |
| Diluted earnings per share | 0.00 | 0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.01 | -0.01 |
| Cash from operations | — | — | HK$61.0m | HK$35.0m | −HK$120.0m | −HK$56.0m | HK$30.0m | HK$14.0m |
| Capital spending | — | — | −HK$55.0m | −HK$27.0m | −HK$55.0m | — | −HK$3.0m | −HK$1.0m |
| Free cash flow | — | — | HK$6.0m | HK$8.0m | −HK$175.0m | — | HK$27.0m | HK$13.0m |
| Total assets | HK$646.3m | HK$646.3m | HK$621.7m | HK$621.7m | HK$701.3m | HK$701.3m | HK$468.8m | HK$468.8m |
| Cash and short-term investments | HK$66.1m | HK$66.6m | HK$64.5m | HK$64.8m | HK$81.2m | HK$81.2m | HK$230.8m | HK$230.8m |
| Debt | HK$48.3m | HK$48.3m | HK$48.2m | HK$48.2m | HK$97.3m | HK$76.4m | HK$75.6m | HK$75.3m |
| Shareholders' equity | HK$539.4m | HK$539.4m | HK$518.6m | HK$518.6m | HK$535.3m | HK$535.3m | HK$340.9m | HK$340.9m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 6.0% | 15.0% | 3.6% |
| Operating income | -40.0% | — | -22.6% |
| Net income | 31.1% | -1.5% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 19.1% | 19.4% | 19.5% | 24.0% |
| Operating margin | -2.6% | 1.9% | 1.4% | 2.4% |
| Net margin | -10.1% | -5.8% | -4.5% | -1.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -65.2 | -6.7 | -19.1 | -9.8 | 31.0 | -13.1 | 66.5 | -26.1 | -100.6 | 35.6 |
| Price to sales | 2.7 | 1.2 | 0.4 | 0.2 | 0.6 | 1.2 | 6.3 | 2.3 | 6.5 | 7.4 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 2-to-1 reverse split · 16 Feb 2023
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.