M 
0.37
-3.95%
Close of 6 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$373.4m
FY2017FY2026
Net income
HK$8.0m
FY2017FY2026
Free cash flow
HK$62.3m
FY2017FY2026
Shareholders' equity
HK$259.6m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$373.4m | HK$335.7m | HK$338.5m | HK$452.8m | HK$408.2m | HK$276.6m | HK$231.7m | HK$184.6m | HK$232.2m | HK$164.5m |
| Gross profit | HK$5.5m | −HK$11.3m | −HK$26.6m | HK$69.6m | HK$51.4m | HK$29.4m | HK$17.6m | HK$22.5m | HK$34.5m | HK$39.6m |
| Operating income | −HK$21.3m | −HK$41.0m | −HK$44.3m | HK$35.6m | HK$24.6m | HK$2.5m | −HK$7.4m | −HK$5.0m | HK$5.4m | HK$7.5m |
| Net income | HK$8.0m | −HK$21.1m | −HK$22.7m | HK$42.1m | HK$36.9m | HK$15.7m | HK$2.9m | −HK$2.6m | HK$7.0m | HK$8.5m |
| Diluted earnings per share | 0.02 | -0.05 | -0.05 | 0.10 | 0.09 | 0.04 | 0.01 | -0.01 | 0.02 | 0.02 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$379.2m | HK$371.3m | HK$412.8m | HK$461.5m | HK$415.9m | HK$315.8m | HK$297.3m | HK$315.7m | HK$355.2m | HK$328.2m |
| Cash and short-term investments | HK$243.8m | HK$186.3m | HK$180.8m | HK$239.9m | HK$158.4m | HK$112.8m | HK$63.2m | HK$104.9m | HK$161.5m | HK$196.5m |
| Total liabilities | HK$119.6m | HK$120.1m | HK$140.3m | HK$150.7m | HK$136.8m | HK$62.3m | HK$58.8m | HK$80.2m | HK$74.3m | HK$54.9m |
| Debt | HK$7.8m | HK$12.2m | HK$10.5m | HK$16.3m | HK$19.8m | HK$2.2m | HK$4.4m | HK$8.0m | HK$7.8m | HK$2.0m |
| Shareholders' equity | HK$259.6m | HK$251.2m | HK$272.4m | HK$310.8m | HK$279.1m | HK$253.6m | HK$238.5m | HK$235.5m | HK$280.9m | HK$273.3m |
| Shares outstanding | 424m | 420m | 420m | 420m | 420m | 420m | 420m | 299m | 420m | 420m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | HK$62.4m | −HK$30.3m | −HK$52.2m | HK$108.1m | HK$66.5m | HK$56.6m | −HK$25.6m | HK$13.3m | −HK$6.5m | HK$13.0m |
| Capital spending | −HK$104,000 | −HK$250,000 | −HK$6.0m | −HK$3.5m | −HK$13.8m | −HK$4.7m | −HK$1.1m | −HK$2.5m | −HK$10.7m | −HK$5.5m |
| Free cash flow | HK$62.3m | −HK$30.5m | −HK$58.2m | HK$104.6m | HK$52.7m | HK$51.9m | −HK$26.8m | HK$10.8m | −HK$17.1m | HK$7.6m |
| Dividends paid | — | — | −HK$14.7m | −HK$14.7m | −HK$12.6m | −HK$12.6m | −HK$12.6m | −HK$14.7m | −HK$14.7m | — |
Latest quarters
By quarter end
| Mar 2026 | Sept 2025 | Mar 2025 | Sept 2024 | Mar 2024 | Sept 2023 | Mar 2023 | Sept 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$182.5m | HK$190.8m | HK$149.0m | HK$186.7m | HK$159.8m | HK$178.7m | HK$218.7m | HK$234.1m |
| Gross profit | −HK$5.2m | HK$10.7m | −HK$25.5m | HK$14.2m | −HK$32.2m | HK$5.6m | HK$26.1m | HK$43.5m |
| Operating income | −HK$18.1m | −HK$3.3m | −HK$38.7m | −HK$4.3m | −HK$39.8m | −HK$8.3m | HK$5.9m | HK$29.8m |
| Net income | −HK$1.4m | HK$9.3m | −HK$27.9m | HK$6.7m | −HK$29.5m | HK$6.7m | HK$11.6m | HK$30.6m |
| Diluted earnings per share | -0.00 | 0.02 | -0.07 | 0.02 | -0.07 | 0.02 | 0.03 | 0.07 |
| Cash from operations | HK$25.0m | HK$37.0m | −HK$8.0m | HK$13.0m | −HK$10.0m | −HK$17.0m | HK$74.0m | HK$33.0m |
| Capital spending | — | — | — | — | −HK$3.0m | −HK$2.0m | — | −HK$3.0m |
| Free cash flow | — | — | — | — | −HK$13.0m | −HK$19.0m | — | HK$30.0m |
| Total assets | HK$379.2m | HK$389.1m | HK$371.3m | HK$396.4m | HK$412.8m | HK$430.4m | HK$461.5m | HK$447.9m |
| Cash and short-term investments | HK$243.8m | HK$221.5m | HK$186.3m | HK$196.9m | HK$180.8m | HK$200.6m | HK$239.9m | HK$168.3m |
| Debt | HK$5.6m | HK$9.4m | HK$12.2m | HK$14.6m | HK$10.5m | HK$13.4m | HK$16.3m | HK$18.3m |
| Shareholders' equity | HK$259.6m | HK$259.5m | HK$251.2m | HK$278.5m | HK$272.4m | HK$303.3m | HK$310.8m | HK$297.2m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -6.2% | 6.2% | 7.4% |
| Net income | -42.6% | -12.7% | -11.6% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | -0.8% | 2.5% | 5.4% | 9.8% |
| Operating margin | -8.8% | -4.7% | -2.0% | -0.0% |
| Net margin | -1.9% | 0.4% | 2.7% | 3.2% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 19.4 | -5.0 | -3.6 | 3.6 | 3.7 | 9.7 | 45.6 | -54.5 | 47.9 | 38.9 |
| Price to sales | 0.4 | 0.3 | 0.3 | 0.3 | 0.3 | 0.6 | 0.6 | 0.8 | 1.4 | 2.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 6 Sept 2023.
| FY2024 | FY2023 | FY2022 | FY2019 | |
|---|---|---|---|---|
| Paid in the year | 0.035 | 0.035 | 0.03 | 0.035 |
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.