K 
1.26
+0.80%
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$556.3m
FY2017FY2026
Net income
−HK$14.6m
FY2017FY2026
Free cash flow
—
FY2017FY2026
Shareholders' equity
HK$115.2m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$556.3m | HK$173.4m | HK$452.7m | HK$372.1m | HK$340.1m | HK$437.2m | HK$437.8m | HK$399.9m | HK$361.9m | HK$378.6m |
| Gross profit | HK$26.0m | −HK$47.1m | HK$18.3m | HK$41.8m | −HK$20.5m | HK$17.6m | HK$8.8m | HK$64.5m | HK$53.4m | HK$29.5m |
| Operating income | −HK$10.9m | −HK$95.8m | −HK$20.3m | HK$11.7m | −HK$38.6m | −HK$636,000 | −HK$15.0m | HK$38.6m | HK$45.3m | HK$22.8m |
| Net income | −HK$14.6m | −HK$102.1m | −HK$32.1m | HK$5.0m | −HK$33.8m | HK$14.1m | −HK$13.7m | HK$29.3m | HK$37.2m | HK$18.4m |
| Diluted earnings per share | -0.02 | -0.10 | -0.03 | 0.01 | -0.03 | 0.01 | -0.02 | 0.03 | 0.05 | 0.02 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$563.6m | HK$146.4m | HK$265.4m | HK$307.9m | HK$282.7m | HK$296.9m | HK$277.4m | HK$203.0m | HK$201.8m | HK$143.3m |
| Cash and short-term investments | HK$24.4m | HK$9.7m | HK$98.1m | HK$74.8m | HK$66.2m | HK$77.3m | HK$121.0m | HK$36.1m | HK$63.7m | HK$57.9m |
| Total liabilities | HK$448.5m | HK$40.8m | HK$81.5m | HK$91.8m | HK$71.6m | HK$51.9m | HK$46.5m | HK$67.6m | HK$95.7m | HK$73.2m |
| Debt | HK$2.6m | — | HK$996,000 | HK$761,000 | HK$5.6m | HK$4.2m | HK$15.9m | HK$30.6m | HK$33.0m | HK$25.3m |
| Shareholders' equity | HK$115.2m | HK$105.6m | HK$183.8m | HK$216.1m | HK$211.1m | HK$245.0m | HK$230.9m | HK$135.4m | HK$106.0m | HK$70.1m |
| Shares outstanding | 942m | 1,000m | 1,000m | 750m | 1,000m | 1,000m | 750m | 1,000m | 750m | 1,000m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | — | −HK$95.8m | HK$15.4m | HK$25.3m | −HK$5.0m | −HK$8.3m | HK$17.1m | −HK$23.4m | HK$12.8m | HK$24.9m |
| Capital spending | — | −HK$267,000 | −HK$1.7m | −HK$7.0m | −HK$2.8m | −HK$18.5m | −HK$18.3m | −HK$5.1m | −HK$338,000 | −HK$216,000 |
| Free cash flow | — | −HK$96.1m | HK$13.7m | HK$18.4m | −HK$7.8m | −HK$26.7m | −HK$1.3m | −HK$28.6m | HK$12.4m | HK$24.7m |
| Dividends paid | — | — | — | — | — | — | — | — | −HK$1.3m | — |
Latest quarters
By quarter end
| Mar 2026 | Sept 2025 | Mar 2025 | Sept 2024 | Mar 2024 | Sept 2023 | Mar 2023 | Sept 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$425.6m | HK$130.7m | HK$70.1m | HK$103.3m | HK$198.1m | HK$254.6m | HK$269.3m | HK$102.8m |
| Gross profit | HK$18.4m | HK$7.5m | −HK$19.5m | −HK$27.6m | HK$2.9m | HK$15.4m | HK$36.2m | HK$5.2m |
| Operating income | HK$12.1m | −HK$17.8m | −HK$35.7m | −HK$62.9m | −HK$31.4m | −HK$2.4m | HK$17.7m | −HK$4.8m |
| Net income | HK$3.1m | −HK$17.7m | −HK$39.5m | −HK$62.5m | −HK$29.7m | −HK$2.4m | HK$16.4m | −HK$11.4m |
| Diluted earnings per share | 0.00 | -0.02 | -0.04 | -0.06 | -0.03 | -0.00 | 0.02 | -0.01 |
| Cash from operations | — | HK$15.0m | −HK$22.0m | −HK$72.0m | HK$8.0m | HK$6.0m | HK$11.0m | HK$13.0m |
| Capital spending | — | — | — | — | — | — | −HK$1.0m | −HK$5.0m |
| Free cash flow | — | — | — | — | — | — | HK$10.0m | HK$8.0m |
| Total assets | HK$563.6m | HK$164.3m | HK$146.4m | HK$176.8m | HK$265.4m | HK$299.8m | HK$307.9m | HK$258.0m |
| Cash and short-term investments | HK$24.4m | HK$27.4m | HK$9.7m | HK$24.4m | HK$98.1m | HK$79.4m | HK$74.6m | HK$62.6m |
| Debt | HK$879,000 | — | — | HK$438,000 | HK$996,000 | HK$998,000 | HK$761,000 | HK$1.2m |
| Shareholders' equity | HK$115.2m | HK$87.8m | HK$105.6m | HK$121.3m | HK$183.8m | HK$213.7m | HK$216.1m | HK$199.7m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 14.3% | 4.9% | 10.8% |
| Operating income | — | 76.5% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | -2.9% | 2.5% | 1.5% | 5.3% |
| Operating margin | -14.6% | -7.4% | -6.6% | -1.0% |
| Net margin | -16.0% | -9.3% | -7.0% | -1.8% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Price to earnings | -86.9 | -4.7 | -2.2 | 34.1 | -6.3 | 8.2 | -2.4 | 2.8 |
| Price to sales | 2.3 | 2.7 | 0.2 | 0.5 | 0.6 | 0.3 | 0.1 | 0.2 |
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.