C 
2.42
+0.83%
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$2.49bn
FY2016FY2025
Net income
HK$192.4m
FY2016FY2025
Free cash flow
HK$299.3m
FY2016FY2025
Shareholders' equity
HK$868.5m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$2.49bn | HK$1.84bn | HK$581.0m | HK$905.7m | HK$280.6m | HK$663.0m | HK$3.17bn | HK$1.99bn | HK$652.1m | HK$189.4m |
| Gross profit | HK$271.6m | HK$234.2m | HK$127.1m | HK$102.8m | HK$20.6m | HK$13.0m | HK$32.6m | HK$22.7m | HK$14.2m | −HK$15.1m |
| Operating income | HK$222.1m | HK$198.1m | HK$94.2m | HK$71.6m | −HK$6.3m | HK$7.7m | HK$7.8m | HK$2.4m | −HK$4.4m | −HK$31.3m |
| Net income | HK$192.4m | HK$195.0m | HK$106.3m | HK$80.8m | HK$622,000 | −HK$46.1m | −HK$219.3m | HK$23.6m | HK$257,000 | −HK$28.2m |
| Diluted earnings per share | 0.39 | 0.40 | 0.22 | 0.17 | 0.00 | -0.09 | -0.45 | 0.05 | 0.00 | -0.06 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$996.8m | HK$880.1m | HK$990.9m | HK$646.9m | HK$592.7m | HK$617.9m | HK$1.15bn | HK$610.8m | HK$728.4m | HK$792.1m |
| Cash and short-term investments | HK$907.1m | HK$607.0m | HK$180.4m | HK$130.7m | HK$120.6m | HK$144.3m | HK$100.5m | HK$177.9m | HK$247.7m | HK$285.0m |
| Total liabilities | HK$128.3m | HK$206.2m | HK$530.6m | HK$255.3m | HK$258.0m | HK$308.8m | HK$812.2m | HK$44.1m | HK$182.7m | HK$250.3m |
| Debt | HK$2.6m | HK$3.3m | HK$186.6m | HK$218.0m | HK$230.0m | HK$282.4m | HK$539.3m | — | — | — |
| Shareholders' equity | HK$868.5m | HK$673.9m | HK$460.3m | HK$391.6m | HK$334.7m | HK$309.1m | HK$334.9m | HK$566.7m | HK$545.7m | HK$541.9m |
| Shares outstanding | 489m | 489m | 489m | 489m | 489m | 489m | 489m | 489m | 489m | 489m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | HK$299.4m | HK$140.0m | HK$73.4m | HK$7.5m | HK$31.0m | HK$278.0m | −HK$148.9m | −HK$64.1m | −HK$41.0m | −HK$65.3m |
| Capital spending | −HK$94,000 | −HK$629,000 | −HK$432,000 | −HK$224,000 | −HK$281,000 | −HK$280,000 | −HK$170,000 | −HK$429,000 | −HK$1.3m | −HK$2.3m |
| Free cash flow | HK$299.3m | HK$139.3m | HK$72.9m | HK$7.2m | HK$30.7m | HK$277.7m | −HK$149.1m | −HK$64.5m | −HK$42.3m | −HK$67.6m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Sept 2023 | Jun 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$142.1m | HK$1.90bn | HK$592.1m | HK$1.83bn | HK$6.4m | HK$504.8m | HK$252.4m | HK$76.1m |
| Gross profit | HK$8.2m | HK$251.9m | HK$19.7m | HK$226.8m | HK$5.6m | HK$126.4m | HK$63.2m | HK$673,000 |
| Operating income | −HK$12.1m | HK$220.3m | HK$1.8m | HK$197.9m | −HK$13.1m | HK$104.6m | HK$52.3m | −HK$10.4m |
| Net income | HK$5.3m | HK$182.0m | HK$10.4m | HK$202.7m | −HK$7.7m | HK$98.0m | HK$49.0m | HK$8.3m |
| Diluted earnings per share | 0.01 | 0.37 | 0.02 | 0.41 | -0.02 | 0.20 | 0.10 | 0.02 |
| Cash from operations | — | HK$119.0m | HK$180.0m | HK$345.0m | −HK$205.0m | HK$140.0m | HK$64.0m | −HK$53.0m |
| Total assets | HK$981.2m | HK$996.8m | HK$1.53bn | HK$880.1m | HK$831.0m | HK$990.9m | HK$990.9m | HK$639.2m |
| Cash and short-term investments | HK$732.6m | HK$907.1m | HK$787.6m | HK$607.0m | HK$128.6m | HK$180.4m | HK$180.5m | HK$74.4m |
| Debt | HK$1.2m | HK$2.6m | HK$2.5m | HK$1.6m | HK$342.4m | HK$186.6m | — | HK$218.0m |
| Shareholders' equity | HK$874.5m | HK$868.5m | HK$685.6m | HK$673.9m | HK$439.4m | HK$460.3m | HK$460.3m | HK$378.9m |
Financial ratios
Data as of 22 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 10.9% | 12.7% | 21.9% | 11.3% | 7.3% | 2.0% |
| Operating margin | 9.2% | 11.7% | 23.6% | 7.9% | -2.2% | 1.8% |
| Net margin | 7.7% | 10.6% | 18.3% | 8.9% | 0.2% | -7.0% |
| Return on equity | 22.1% | 28.9% | 23.1% | 20.6% | 0.2% | -14.9% |
| Return on assets | 19.3% | 22.2% | 10.7% | 12.5% | 0.1% | -7.5% |
| Free cash flow yield | 23.3% | 10.9% | 5.7% | 0.6% | 2.4% | 21.6% |
| Revenue growth | 35.2% | 217.0% | -35.9% | 222.7% | -57.7% | -79.1% |
| Earnings growth | -1.3% | 83.4% | 31.5% | 12897.3% | -101.3% | -79.0% |
| Current ratio | 7.77x | 4.28x | 1.66x | 2.84x | 3.40x | 0.60x |
| Debt to equity | 0.00x | 0.00x | 0.40x | 0.56x | 0.69x | 0.91x |
| Equity ratio | 87.1% | 76.6% | 46.5% | 60.5% | 56.5% | 50.0% |
| Interest coverage | 1031.72x | 9.96x | 9.77x | 8.32x | -0.64x | 0.81x |
| Buybacks as a share of market value | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 40.1% | 30.3% | 45.7% |
| Operating income | 45.8% | 95.8% | 14.9% |
| Net income | 33.5% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 11.7% | 12.6% | 11.4% | 6.4% |
| Operating margin | 9.7% | 10.1% | 8.7% | 4.8% |
| Net margin | 8.9% | 9.9% | 7.8% | 0.7% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 12.1 | 4.2 | 7.8 | 12.5 | — | -18.3 | -6.7 | 57.2 | — | -44.6 |
| Price to sales | 0.9 | 0.5 | 1.4 | 1.1 | 2.6 | 1.3 | 0.5 | 0.7 | 2.9 | 6.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 18 May 2004.
| FY2004 | FY2003 | |
|---|---|---|
| Paid in the year | 0.02 | 0.02 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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