0.23
+9.18%
Close of 5 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$343.7m
FY2015FY2024
Net income
−HK$186.7m
FY2015FY2024
Free cash flow
HK$13.9m
FY2015FY2024
Shareholders' equity
HK$1.92bn
FY2015FY2024
Income statement
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$343.7m | HK$372.5m | HK$352.0m | HK$397.3m | HK$372.3m | HK$444.1m | HK$663.7m | HK$823.5m | HK$753.5m | HK$893.4m |
| Gross profit | HK$290.9m | HK$315.6m | HK$314.2m | HK$330.7m | HK$275.2m | HK$338.6m | HK$450.6m | HK$560.8m | HK$542.5m | HK$678.7m |
| Research and development | HK$413,000 | HK$779,000 | HK$319,000 | HK$1.0m | HK$964,000 | — | — | — | — | — |
| Operating income | −HK$3.0m | HK$11.1m | −HK$3.3m | HK$21.8m | −HK$11.8m | HK$12.0m | HK$66.1m | HK$162.4m | HK$105.6m | HK$121.7m |
| Net income | −HK$186.7m | −HK$74.6m | −HK$86.4m | HK$45.9m | −HK$110.4m | −HK$14.4m | HK$181.8m | HK$321.7m | HK$122.9m | HK$124.3m |
| Diluted earnings per share | -0.20 | -0.08 | -0.09 | 0.05 | -0.12 | -0.02 | 0.19 | 0.34 | 0.13 | 0.13 |
Balance sheet
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$2.81bn | HK$3.00bn | HK$2.95bn | HK$2.90bn | HK$2.77bn | HK$2.87bn | HK$2.73bn | HK$2.61bn | HK$2.34bn | HK$2.28bn |
| Cash and short-term investments | HK$53.0m | HK$90.2m | HK$91.4m | HK$101.3m | HK$108.0m | HK$120.9m | HK$111.7m | HK$91.6m | HK$62.2m | HK$59.3m |
| Total liabilities | HK$889.3m | HK$888.1m | HK$781.1m | HK$634.7m | HK$568.9m | HK$560.6m | HK$441.7m | HK$486.6m | HK$536.8m | HK$567.8m |
| Debt | HK$692.3m | HK$684.7m | HK$555.1m | HK$420.2m | HK$378.7m | HK$389.3m | HK$267.9m | HK$282.9m | HK$329.6m | HK$366.7m |
| Shareholders' equity | HK$1.92bn | HK$2.11bn | HK$2.17bn | HK$2.26bn | HK$2.20bn | HK$2.31bn | HK$2.29bn | HK$2.13bn | HK$1.81bn | HK$1.72bn |
| Shares outstanding | 951m | 951m | 951m | 951m | 951m | 951m | 951m | 951m | 951m | 951m |
Cash flow
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | HK$39.1m | HK$13.9m | −HK$2.3m | HK$55.7m | HK$97.9m | HK$40.0m | HK$91.0m | HK$148.3m | HK$93.0m | HK$204.2m |
| Capital spending | −HK$25.2m | −HK$27.8m | −HK$52.9m | −HK$69.3m | −HK$59.5m | −HK$54.6m | −HK$52.3m | −HK$20.8m | −HK$23.5m | −HK$22.8m |
| Free cash flow | HK$13.9m | −HK$14.0m | −HK$55.2m | −HK$13.6m | HK$38.4m | −HK$14.6m | HK$38.7m | HK$127.6m | HK$69.5m | HK$181.4m |
| Dividends paid | — | — | — | — | — | −HK$9.5m | −HK$19.0m | −HK$14.3m | −HK$14.3m | — |
Latest quarters
By quarter end
| Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | Jun 2022 | Dec 2021 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$134.2m | HK$200.8m | HK$143.0m | HK$219.6m | HK$153.0m | HK$190.8m | HK$161.1m | HK$239.4m |
| Gross profit | HK$107.2m | HK$162.0m | HK$128.9m | HK$167.7m | HK$147.9m | HK$163.0m | HK$151.2m | HK$191.5m |
| Operating income | −HK$5.9m | HK$731,000 | −HK$14.5m | HK$20.0m | HK$3.6m | −HK$8.0m | −HK$13.0m | HK$19.9m |
| Net income | −HK$92.8m | −HK$110.9m | −HK$75.8m | −HK$72.1m | −HK$2.6m | −HK$55.9m | −HK$30.5m | HK$32.2m |
| Diluted earnings per share | -0.10 | -0.12 | -0.08 | -0.08 | -0.00 | -0.06 | -0.03 | 0.03 |
| Total assets | — | HK$2.81bn | HK$2.91bn | HK$3.00bn | HK$3.04bn | HK$2.95bn | HK$2.91bn | HK$2.90bn |
| Cash and short-term investments | — | HK$53.0m | HK$54.2m | HK$90.2m | HK$86.4m | HK$91.4m | HK$97.3m | HK$101.3m |
| Debt | — | HK$47.6m | HK$52.6m | HK$30.3m | HK$33.3m | HK$38.1m | HK$43.7m | HK$49.8m |
| Shareholders' equity | — | HK$1.92bn | HK$2.03bn | HK$2.11bn | HK$2.18bn | HK$2.17bn | HK$2.23bn | HK$2.26bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -4.7% | -5.0% | -8.4% |
| Net income | — | 67.0% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 84.7% | 85.4% | 81.7% | 75.5% |
| Operating margin | 1.1% | 1.8% | 1.2% | 7.8% |
| Net margin | -36.5% | -20.6% | -18.7% | 7.5% |
Valuation history
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -1.6 | -5.3 | -5.1 | 9.3 | -4.2 | -49.6 | 4.5 | 3.8 | 6.1 | 6.0 |
| Price to sales | 0.9 | 1.1 | 1.3 | 1.1 | 1.3 | 1.6 | 1.2 | 1.5 | 1.0 | 0.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 11 Jun 2019.
| FY2019 | FY2018 | FY2017 | FY2016 | FY2011 | FY2010 | FY2008 | FY2007 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.01 | 0.02 | 0.015 | 0.015 | 0.015 | 0.015 | 0.015 | 0.015 |
- 11-for-10 split · 3 Jul 1997
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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