W
0.37
+1.37%
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$323.7m
FY2017FY2026
Net income
HK$10.4m
FY2017FY2026
Free cash flow
—
FY2017FY2026
Shareholders' equity
HK$19.1m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$323.7m | HK$228.6m | HK$422.4m | HK$304.4m | HK$294.1m | HK$224.1m | HK$650.8m | HK$848.6m | HK$770.1m | HK$635.1m |
| Operating income | HK$13.3m | HK$30.1m | HK$129.7m | HK$25.5m | −HK$44.0m | −HK$144.3m | −HK$53.2m | HK$67.1m | HK$79.9m | HK$55.6m |
| Net income | HK$10.4m | −HK$32.0m | HK$28.8m | −HK$6.9m | −HK$32.0m | −HK$124.3m | −HK$112.4m | HK$37.7m | HK$53.0m | HK$40.4m |
| Diluted earnings per share | 0.09 | -0.28 | 0.25 | -0.06 | -0.28 | -0.11 | -1.44 | 0.05 | 0.07 | 0.04 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$111.1m | HK$79.3m | HK$183.7m | HK$255.8m | HK$336.6m | HK$536.0m | HK$765.9m | HK$439.6m | HK$284.7m | HK$284.8m |
| Cash and short-term investments | HK$17.4m | HK$22.7m | HK$78.3m | HK$95.8m | HK$100.2m | HK$147.5m | HK$139.0m | HK$242.6m | HK$109.2m | HK$112.7m |
| Total liabilities | HK$92.2m | HK$70.6m | HK$142.8m | HK$243.9m | HK$317.8m | HK$485.2m | HK$627.6m | HK$188.9m | HK$174.7m | HK$210.0m |
| Debt | HK$29.4m | HK$12.0m | HK$74.0m | HK$176.0m | HK$257.3m | HK$318.7m | HK$545.6m | HK$57.3m | HK$58.3m | HK$81.0m |
| Shareholders' equity | HK$19.1m | HK$8.7m | HK$40.8m | HK$11.9m | HK$18.8m | HK$50.8m | HK$138.3m | HK$250.7m | HK$109.9m | HK$74.8m |
| Shares outstanding | 116m | 115m | 115m | 115m | 115m | 1,150m | 78m | 782m | 782m | 1,000m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | — | HK$7.4m | HK$78.3m | HK$59.9m | HK$38.0m | HK$32.4m | HK$64.9m | HK$64.8m | HK$68.1m | HK$73.4m |
| Capital spending | — | −HK$1.4m | −HK$1.6m | −HK$2.6m | −HK$3.2m | −HK$12.1m | −HK$43.7m | −HK$35.1m | −HK$24.0m | −HK$46.4m |
| Free cash flow | — | HK$6.1m | HK$76.7m | HK$57.3m | HK$34.8m | HK$20.3m | HK$21.2m | HK$29.7m | HK$44.1m | HK$27.0m |
| Dividends paid | — | — | — | — | — | — | — | −HK$14.0m | −HK$20.0m | −HK$71.8m |
Latest quarters
By quarter end
| Mar 2026 | Sept 2025 | Mar 2025 | Sept 2024 | Mar 2024 | Sept 2023 | Mar 2023 | Sept 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$192.2m | HK$131.5m | HK$128.3m | HK$100.3m | HK$245.0m | HK$177.4m | HK$190.1m | HK$114.2m |
| Operating income | HK$4.5m | HK$9.6m | HK$21.9m | HK$8.2m | HK$79.7m | HK$50.0m | HK$8.2m | −HK$29.9m |
| Net income | HK$1.1m | HK$9.3m | −HK$15.3m | −HK$16.6m | HK$24.0m | HK$4.8m | HK$7.6m | −HK$14.6m |
| Diluted earnings per share | 0.01 | 0.08 | -0.13 | -0.14 | 0.21 | 0.04 | 0.07 | -0.13 |
| Cash from operations | — | HK$24.0m | −HK$2.0m | HK$10.0m | HK$78.0m | — | HK$36.0m | HK$23.0m |
| Capital spending | — | — | −HK$1.0m | — | −HK$1.0m | — | −HK$1.0m | −HK$1.0m |
| Free cash flow | — | — | −HK$3.0m | — | HK$77.0m | — | HK$35.0m | HK$22.0m |
| Total assets | HK$111.1m | HK$79.2m | HK$79.3m | HK$131.2m | HK$183.7m | HK$229.6m | HK$255.8m | HK$282.2m |
| Cash and short-term investments | HK$17.4m | HK$30.7m | HK$22.7m | HK$62.5m | HK$78.3m | HK$91.5m | HK$95.8m | HK$80.8m |
| Debt | HK$16.2m | HK$16.4m | HK$12.0m | HK$40.4m | HK$74.0m | HK$94.8m | HK$176.0m | HK$211.4m |
| Shareholders' equity | HK$19.1m | HK$17.8m | HK$8.7m | HK$24.2m | HK$40.8m | HK$16.7m | HK$11.9m | HK$4.2m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 2.1% | 7.6% | -5.9% |
| Operating income | -19.4% | — | -13.7% |
| Net income | — | — | -13.1% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 7.9% | 15.5% | 0.6% | 4.1% |
| Net margin | -3.9% | 0.0% | -8.7% | -1.8% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Price to earnings | 4.2 | -0.5 | 0.4 | -1.6 | -2.4 | -7.8 | -0.3 | 5.8 |
| Price to sales | 0.1 | 0.1 | 0.0 | 0.0 | 0.3 | 4.3 | 0.1 | 0.3 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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