H 
0.58
-4.13%
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$178.2m
FY2017FY2026
Net income
−HK$28.9m
FY2017FY2026
Free cash flow
—
FY2017FY2026
Shareholders' equity
HK$197.5m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$178.2m | HK$187.5m | HK$157.2m | HK$184.9m | HK$203.6m | HK$209.6m | HK$200.4m | HK$181.9m | HK$199.2m | HK$161.5m |
| Gross profit | HK$3.2m | HK$2.6m | HK$18.0m | HK$22.4m | HK$43.3m | HK$17.9m | HK$49.8m | HK$60.5m | HK$74.4m | HK$53.8m |
| Operating income | −HK$30.4m | −HK$23.3m | −HK$4.4m | HK$661,000 | HK$16.4m | −HK$12.5m | HK$18.2m | HK$33.7m | HK$61.4m | HK$46.6m |
| Net income | −HK$28.9m | −HK$24.0m | −HK$4.1m | −HK$546,000 | HK$19.7m | −HK$81.6m | HK$12.2m | HK$16.1m | HK$52.2m | HK$38.1m |
| Diluted earnings per share | -0.13 | -0.52 | -0.10 | -0.01 | 0.51 | -2.13 | 0.32 | 0.02 | 0.08 | 0.05 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$235.7m | HK$167.5m | HK$188.4m | HK$189.5m | HK$193.1m | HK$208.7m | HK$333.3m | HK$286.3m | HK$117.7m | HK$144.4m |
| Cash and short-term investments | HK$116.5m | HK$31.1m | HK$63.6m | HK$79.4m | HK$54.9m | HK$47.3m | HK$100.8m | HK$116.8m | HK$29.0m | HK$31.4m |
| Total liabilities | HK$38.2m | HK$23.0m | HK$28.4m | HK$19.4m | HK$31.0m | HK$68.2m | HK$87.1m | HK$42.6m | HK$19.1m | HK$74.5m |
| Debt | HK$558,000 | HK$81,000 | HK$394,000 | HK$4.4m | HK$4.0m | HK$44.5m | HK$66.1m | HK$30.0m | HK$2.4m | HK$3.9m |
| Shareholders' equity | HK$197.5m | HK$144.5m | HK$160.0m | HK$170.1m | HK$194.5m | HK$174.0m | HK$248.2m | HK$243.8m | HK$98.6m | HK$69.9m |
| Shares outstanding | 230m | 46m | 43m | 38m | 38m | 38m | 38m | 659m | 663m | 760m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | — | −HK$50.0m | −HK$1.0m | HK$27.5m | HK$15.2m | HK$3.9m | −HK$12.1m | −HK$6.8m | HK$60.4m | HK$39.0m |
| Capital spending | — | −HK$5.6m | −HK$12.6m | −HK$1.7m | −HK$5.8m | −HK$4.3m | −HK$22.1m | −HK$3.0m | −HK$3.3m | −HK$1.3m |
| Free cash flow | — | −HK$55.7m | −HK$13.7m | HK$25.9m | HK$9.5m | −HK$398,000 | −HK$34.1m | −HK$9.8m | HK$57.2m | HK$37.7m |
| Dividends paid | — | — | — | — | — | — | −HK$6.1m | −HK$33.9m | −HK$24.0m | −HK$24.0m |
Latest quarters
By quarter end
| Mar 2026 | Sept 2025 | Mar 2025 | Sept 2024 | Mar 2024 | Sept 2023 | Mar 2023 | Sept 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$88.1m | HK$90.2m | HK$108.7m | HK$78.8m | HK$72.2m | HK$85.0m | HK$73.5m | HK$111.4m |
| Gross profit | HK$2.8m | HK$372,000 | HK$2.2m | HK$418,000 | HK$6.2m | HK$11.8m | HK$5.9m | HK$16.4m |
| Operating income | −HK$23.8m | −HK$6.2m | −HK$13.9m | −HK$10.4m | −HK$6.2m | HK$1.2m | −HK$4.3m | HK$4.9m |
| Net income | −HK$23.2m | −HK$5.7m | −HK$13.4m | −HK$10.7m | −HK$10.7m | HK$6.6m | −HK$7.7m | HK$7.2m |
| Diluted earnings per share | -0.10 | -0.12 | -0.29 | -0.25 | -0.25 | 0.17 | -0.20 | 0.19 |
| Cash from operations | — | HK$30.0m | −HK$23.0m | −HK$25.0m | — | — | HK$27.0m | HK$7.0m |
| Capital spending | — | — | −HK$2.0m | −HK$3.0m | −HK$5.0m | −HK$7.0m | −HK$1.0m | — |
| Free cash flow | — | — | −HK$25.0m | −HK$28.0m | — | — | HK$26.0m | — |
| Total assets | HK$235.7m | HK$164.6m | HK$167.5m | HK$183.0m | HK$188.4m | HK$194.8m | HK$189.5m | HK$193.3m |
| Cash and short-term investments | HK$116.5m | HK$45.8m | HK$31.1m | HK$43.5m | HK$63.6m | HK$68.1m | HK$79.4m | HK$59.7m |
| Debt | HK$558,000 | HK$2.7m | HK$162,000 | HK$478,000 | HK$549,000 | HK$1.3m | HK$4.4m | HK$3.9m |
| Shareholders' equity | HK$197.5m | HK$138.1m | HK$144.5m | HK$159.6m | HK$160.0m | HK$175.3m | HK$170.1m | HK$197.3m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -1.2% | -3.2% | 3.8% |
| Operating income | — | 19.4% | — |
| Net income | 275.5% | -18.7% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 1.6% | 6.5% | 9.6% | 19.4% |
| Operating margin | -14.7% | -8.1% | -4.8% | 7.1% |
| Net margin | -14.5% | -8.1% | -10.7% | 1.4% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -4.7 | -0.9 | -4.3 | -150.0 | 2.5 | -0.6 | 1.1 | 262.8 | 41.9 |
| Price to sales | 0.8 | 0.1 | 0.1 | 0.4 | 0.2 | 0.2 | 0.1 | 23.2 | 11.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 11 Dec 2019.
| FY2020 | FY2019 | |
|---|---|---|
| Paid in the year | 0.143 | 0.233 |
- 20-to-1 reverse split · 4 Feb 2026
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.