H 
0.52
+10.64%
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$3.38bn
FY2017FY2026
Net income
HK$2.0m
FY2017FY2026
Free cash flow
−HK$75.2m
FY2017FY2026
Shareholders' equity
HK$604.9m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$3.38bn | HK$1.84bn | HK$1.56bn | HK$2.28bn | HK$2.98bn | HK$2.77bn | HK$1.78bn | HK$1.43bn | HK$1.29bn | HK$1.20bn |
| Gross profit | HK$106.9m | HK$94.5m | HK$100.8m | HK$126.4m | HK$286.3m | HK$283.8m | HK$121.1m | HK$103.5m | HK$95.6m | HK$88.7m |
| Operating income | HK$9.1m | HK$19.0m | HK$22.2m | HK$34.1m | HK$158.2m | HK$225.6m | HK$55.5m | HK$34.6m | HK$48.7m | HK$59.7m |
| Net income | HK$2.0m | HK$16.0m | HK$17.3m | HK$30.6m | HK$129.6m | HK$188.5m | HK$28.5m | HK$21.8m | HK$35.9m | HK$44.3m |
| Diluted earnings per share | 0.00 | 0.03 | 0.03 | 0.06 | 0.26 | 0.38 | 0.06 | 0.05 | 0.07 | 0.09 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$1.15bn | HK$922.3m | HK$837.8m | HK$950.5m | HK$1.05bn | HK$960.5m | HK$685.6m | HK$456.0m | HK$395.2m | HK$333.2m |
| Cash and short-term investments | HK$308.7m | HK$302.6m | HK$457.5m | HK$484.6m | HK$446.8m | HK$408.2m | HK$185.3m | HK$89.9m | HK$73.9m | HK$59.6m |
| Total liabilities | HK$545.4m | HK$314.6m | HK$241.6m | HK$364.0m | HK$470.9m | HK$471.7m | HK$385.4m | HK$295.0m | HK$256.0m | HK$214.9m |
| Debt | HK$76.9m | HK$10.1m | HK$25.6m | HK$44.1m | HK$71.9m | HK$89.3m | HK$140.1m | HK$123.9m | HK$123.5m | HK$82.7m |
| Shareholders' equity | HK$604.9m | HK$607.7m | HK$596.3m | HK$586.5m | HK$580.9m | HK$488.8m | HK$300.2m | HK$161.0m | HK$139.2m | HK$118.3m |
| Shares outstanding | 500m | 500m | 500m | 500m | 500m | 500m | 500m | 432m | 500m | 500m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | HK$52.9m | −HK$51.4m | HK$8.1m | HK$83.8m | HK$113.9m | HK$346.9m | HK$48.9m | HK$40.6m | −HK$11.2m | HK$59.7m |
| Capital spending | −HK$128.1m | −HK$59.5m | −HK$20.5m | −HK$1.6m | −HK$26.6m | −HK$68.1m | −HK$72.9m | −HK$18.7m | −HK$2.6m | −HK$1.7m |
| Free cash flow | −HK$75.2m | −HK$110.9m | −HK$12.5m | HK$82.2m | HK$87.2m | HK$278.8m | −HK$24.0m | HK$21.9m | −HK$13.8m | HK$58.0m |
| Dividends paid | −HK$4.3m | −HK$4.7m | −HK$6.1m | −HK$25.0m | −HK$37.5m | −HK$37.5m | −HK$37.5m | −HK$37.5m | −HK$15.0m | −HK$15.0m |
Latest quarters
By quarter end
| Mar 2026 | Sept 2025 | Mar 2025 | Sept 2024 | Mar 2024 | Sept 2023 | Mar 2023 | Sept 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$1.80bn | HK$1.58bn | HK$1.12bn | HK$714.2m | HK$742.2m | HK$822.0m | HK$1.06bn | HK$1.22bn |
| Gross profit | HK$49.2m | HK$57.8m | HK$50.7m | HK$43.8m | HK$60.5m | HK$40.3m | HK$44.2m | HK$82.2m |
| Operating income | −HK$1.2m | HK$10.3m | HK$6.7m | HK$10.7m | HK$4.5m | HK$7.8m | −HK$1.6m | HK$35.7m |
| Net income | −HK$5.1m | HK$7.1m | HK$6.7m | HK$9.2m | HK$7.6m | HK$9.6m | −HK$3.4m | HK$33.9m |
| Diluted earnings per share | -0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | -0.01 | 0.07 |
| Cash from operations | HK$341.0m | −HK$294.0m | HK$46.0m | −HK$92.0m | HK$141.0m | −HK$131.0m | HK$246.0m | −HK$162.0m |
| Capital spending | −HK$13.0m | −HK$114.0m | −HK$48.0m | −HK$11.0m | −HK$2.0m | −HK$17.0m | −HK$1.0m | — |
| Free cash flow | HK$328.0m | −HK$408.0m | −HK$2.0m | −HK$103.0m | HK$139.0m | −HK$148.0m | HK$245.0m | — |
| Total assets | HK$1.15bn | HK$1.41bn | HK$922.3m | HK$821.6m | HK$837.8m | HK$868.8m | HK$950.5m | HK$1.16bn |
| Cash and short-term investments | HK$308.7m | HK$290.9m | HK$302.6m | HK$314.9m | HK$457.5m | HK$331.2m | HK$484.6m | HK$435.9m |
| Debt | HK$75.1m | HK$386.3m | HK$10.1m | HK$17.1m | HK$25.6m | HK$31.3m | HK$44.1m | HK$209.7m |
| Shareholders' equity | HK$604.9m | HK$610.5m | HK$607.7m | HK$600.8m | HK$596.3m | HK$590.0m | HK$586.5m | HK$589.8m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 14.0% | 4.1% | 11.5% |
| Operating income | -35.6% | -47.4% | -15.4% |
| Net income | -59.4% | -59.5% | -22.6% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 3.9% | 4.7% | 6.7% | 6.9% |
| Operating margin | 0.5% | 0.9% | 3.2% | 3.3% |
| Net margin | 0.3% | 0.7% | 2.6% | 2.5% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Price to earnings | 122.3 | 19.1 | 11.7 | 7.1 | 2.5 | 2.7 | 12.5 | 14.5 |
| Price to sales | 0.1 | 0.2 | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 5 years. Last went ex-dividend on 17 Sept 2025.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Paid in the year | 0.009 | 0.019 | 0.012 | 0.05 | 0.075 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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