0.90
+73.08%
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$236.3m
FY2016FY2025
Net income
−HK$12.2m
FY2016FY2025
Free cash flow
HK$12.4m
FY2016FY2025
Shareholders' equity
HK$363.0m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$236.3m | HK$247.1m | HK$284.1m | HK$300.2m | HK$320.4m | HK$309.3m | HK$378.9m | HK$337.6m | HK$347.4m | HK$356.7m |
| Gross profit | HK$158.5m | HK$164.4m | HK$192.1m | HK$186.8m | HK$196.4m | HK$191.7m | HK$228.8m | HK$213.3m | HK$224.3m | HK$223.9m |
| Operating income | −HK$16.8m | −HK$17.1m | −HK$8.1m | HK$9.0m | HK$16.6m | HK$9.9m | HK$26.5m | HK$8.0m | HK$34.4m | HK$18.9m |
| Net income | −HK$12.2m | −HK$9.8m | −HK$4.6m | HK$5.4m | HK$11.9m | HK$16.1m | HK$18.5m | HK$7.8m | HK$27.0m | HK$7.9m |
| Diluted earnings per share | -0.05 | -0.04 | -0.02 | 0.02 | 0.05 | 0.06 | 0.07 | 0.03 | 0.10 | 0.03 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$433.1m | HK$448.4m | HK$466.3m | HK$484.8m | HK$522.3m | HK$510.6m | HK$511.3m | HK$514.7m | HK$475.8m | HK$490.1m |
| Cash and short-term investments | HK$138.4m | HK$131.1m | HK$129.5m | HK$146.9m | HK$142.5m | HK$199.9m | HK$168.7m | HK$171.4m | HK$158.4m | HK$172.4m |
| Total liabilities | HK$71.1m | HK$83.7m | HK$85.5m | HK$89.1m | HK$117.5m | HK$85.8m | HK$105.0m | HK$116.1m | HK$78.2m | HK$133.8m |
| Debt | HK$39.5m | HK$27.4m | HK$17.2m | HK$23.5m | HK$24.7m | HK$19.9m | HK$24.3m | HK$10.0m | HK$3.6m | HK$50.2m |
| Shareholders' equity | HK$363.0m | HK$367.4m | HK$383.9m | HK$394.0m | HK$404.7m | HK$424.8m | HK$406.3m | HK$396.9m | HK$397.2m | HK$356.3m |
| Shares outstanding | 258m | 258m | 258m | 258m | 260m | 259m | 258m | 258m | 258m | 258m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | HK$15.4m | HK$18.1m | HK$22.2m | HK$45.1m | HK$39.7m | HK$56.9m | HK$41.8m | HK$8.2m | HK$49.2m | HK$29.3m |
| Capital spending | −HK$3.1m | −HK$8.8m | −HK$14.5m | −HK$33.6m | −HK$40.2m | −HK$11.9m | −HK$19.9m | −HK$7.4m | −HK$20.8m | −HK$5.3m |
| Free cash flow | HK$12.4m | HK$9.3m | HK$7.8m | HK$11.6m | −HK$495,000 | HK$45.0m | HK$21.9m | HK$826,000 | HK$28.3m | HK$24.0m |
| Dividends paid | — | — | — | — | −HK$38.7m | −HK$7.8m | −HK$5.2m | −HK$5.2m | −HK$5.2m | — |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$108.1m | HK$127.3m | HK$109.0m | HK$134.1m | HK$112.9m | HK$155.2m | HK$128.9m | HK$156.4m |
| Gross profit | HK$73.7m | HK$85.8m | HK$72.7m | HK$89.7m | HK$74.7m | HK$106.9m | HK$85.3m | HK$100.0m |
| Operating income | −HK$12.8m | −HK$2.5m | −HK$14.3m | −HK$5.5m | −HK$11.6m | HK$3.5m | −HK$10.5m | HK$4.8m |
| Net income | −HK$7.9m | −HK$12,000 | −HK$12.2m | −HK$1.0m | −HK$8.8m | HK$4.0m | −HK$8.6m | HK$2.8m |
| Diluted earnings per share | -0.03 | -0.00 | -0.05 | -0.00 | -0.03 | 0.02 | -0.03 | 0.01 |
| Cash from operations | HK$9.0m | HK$10.0m | HK$5.0m | HK$16.0m | HK$1.0m | HK$15.0m | HK$7.0m | HK$27.0m |
| Capital spending | −HK$1.0m | — | −HK$2.0m | −HK$6.0m | −HK$1.0m | −HK$7.0m | −HK$7.0m | −HK$23.0m |
| Free cash flow | HK$8.0m | — | HK$3.0m | HK$10.0m | HK$0 | HK$8.0m | HK$0 | HK$4.0m |
| Total assets | HK$435.8m | HK$433.1m | HK$430.5m | HK$448.4m | HK$440.0m | HK$466.3m | HK$455.3m | HK$484.8m |
| Cash and short-term investments | HK$143.2m | HK$138.4m | HK$135.9m | HK$131.1m | HK$124.9m | HK$138.7m | HK$134.1m | HK$146.9m |
| Debt | HK$36.5m | HK$39.5m | HK$26.2m | HK$27.4m | HK$58.0m | HK$54.3m | HK$50.4m | HK$23.5m |
| Shareholders' equity | HK$362.6m | HK$363.0m | HK$360.7m | HK$367.4m | HK$370.1m | HK$383.9m | HK$376.1m | HK$394.0m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -7.7% | -5.2% | -4.4% |
| Operating income | — | — | 3.8% |
| Net income | — | — | -2.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 66.8% | 65.7% | 64.2% | 63.3% |
| Operating margin | -7.0% | -3.1% | -0.4% | 2.0% |
| Net margin | -4.6% | -2.0% | 0.4% | 1.5% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -15.8 | -6.7 | -19.4 | 18.7 | 13.5 | 11.7 | 9.6 | 33.0 | 10.8 | 40.7 |
| Price to sales | 0.8 | 0.3 | 0.3 | 0.3 | 0.5 | 0.6 | 0.5 | 0.8 | 0.8 | 0.9 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 10 Sept 2021.
| FY2021 | FY2020 | FY2019 | |
|---|---|---|---|
| Paid in the year | 0.15 | 0.03 | 0.02 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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