L 
3.18
-1.55%
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$26.64bn
FY2016FY2025
Net income
HK$1.94bn
FY2016FY2025
Free cash flow
HK$1.63bn
FY2016FY2025
Shareholders' equity
HK$30.44bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$26.64bn | HK$26.00bn | HK$24.94bn | HK$29.17bn | HK$32.51bn | HK$25.87bn | HK$27.14bn | HK$32.21bn | HK$25.84bn | HK$18.34bn |
| Gross profit | HK$3.90bn | HK$3.11bn | HK$2.50bn | HK$2.69bn | HK$5.70bn | HK$5.75bn | HK$5.09bn | HK$7.51bn | HK$7.51bn | HK$4.08bn |
| Operating income | HK$2.09bn | HK$1.92bn | HK$1.28bn | HK$1.30bn | HK$3.70bn | HK$4.36bn | HK$4.40bn | HK$6.52bn | HK$6.50bn | HK$3.51bn |
| Net income | HK$1.94bn | HK$1.36bn | HK$1.05bn | HK$1.32bn | HK$3.25bn | HK$3.65bn | HK$3.30bn | HK$4.88bn | HK$5.04bn | HK$2.86bn |
| Diluted earnings per share | 0.45 | 0.32 | 0.24 | 0.31 | 0.75 | 0.84 | 0.76 | 1.11 | 1.12 | 0.63 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$57.69bn | HK$55.35bn | HK$54.10bn | HK$50.33bn | HK$52.45bn | HK$46.80bn | HK$43.50bn | HK$42.78bn | HK$43.29bn | HK$35.00bn |
| Cash and short-term investments | HK$1.94bn | HK$1.52bn | HK$1.52bn | HK$1.80bn | HK$1.91bn | HK$1.18bn | HK$2.92bn | HK$2.01bn | HK$2.25bn | HK$1.27bn |
| Total liabilities | HK$27.24bn | HK$27.34bn | HK$25.33bn | HK$21.72bn | HK$19.05bn | HK$16.05bn | HK$17.41bn | HK$19.63bn | HK$21.37bn | HK$18.18bn |
| Debt | HK$21.07bn | HK$22.05bn | HK$19.37bn | HK$16.41bn | HK$14.13bn | HK$11.40bn | HK$12.39bn | HK$13.79bn | HK$15.08bn | HK$13.55bn |
| Shareholders' equity | HK$30.44bn | HK$28.00bn | HK$27.12bn | HK$28.60bn | HK$33.39bn | HK$30.74bn | HK$26.08bn | HK$23.14bn | HK$21.92bn | HK$16.82bn |
| Shares outstanding | 4,295m | 4,295m | 4,310m | 4,310m | 4,343m | 4,347m | 4,369m | 4,399m | 4,513m | 4,579m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | HK$3.53bn | HK$425.9m | HK$151.4m | HK$3.71bn | HK$2.79bn | HK$3.92bn | HK$4.96bn | HK$6.13bn | HK$4.03bn | HK$3.92bn |
| Capital spending | −HK$1.90bn | −HK$2.70bn | −HK$3.70bn | −HK$4.74bn | −HK$3.32bn | −HK$3.34bn | −HK$3.57bn | −HK$2.29bn | −HK$3.17bn | −HK$3.74bn |
| Free cash flow | HK$1.63bn | −HK$2.28bn | −HK$3.55bn | −HK$1.03bn | −HK$526.0m | HK$582.9m | HK$1.39bn | HK$3.84bn | HK$855.2m | HK$183.7m |
| Dividends paid | −HK$476.7m | −HK$528.3m | −HK$250.0m | −HK$755.5m | −HK$1.43bn | −HK$1.09bn | −HK$1.23bn | −HK$1.78bn | −HK$1.26bn | −HK$934.2m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sept 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$14.84bn | HK$14.41bn | HK$12.24bn | HK$13.49bn | HK$12.51bn | HK$6.25bn | HK$12.73bn | HK$6.36bn |
| Gross profit | HK$2.39bn | HK$2.16bn | HK$1.73bn | HK$1.48bn | HK$1.63bn | HK$814.1m | HK$1.52bn | HK$761.3m |
| Operating income | HK$1.42bn | HK$1.06bn | HK$835.7m | HK$445.1m | HK$717.5m | HK$358.8m | HK$731.7m | HK$316.5m |
| Net income | HK$1.37bn | HK$1.13bn | HK$811.1m | HK$552.6m | HK$760.2m | HK$380.1m | HK$743.0m | HK$371.5m |
| Diluted earnings per share | 0.32 | 0.26 | 0.19 | 0.13 | 0.18 | 0.09 | 0.17 | 0.09 |
| Cash from operations | — | HK$2.29bn | HK$1.25bn | HK$264.0m | HK$122.0m | — | −HK$1.59bn | −HK$774.0m |
| Capital spending | — | −HK$976.0m | −HK$922.0m | −HK$1.32bn | −HK$1.39bn | — | −HK$1.05bn | −HK$384.0m |
| Free cash flow | — | HK$1.31bn | HK$323.0m | −HK$1.05bn | −HK$1.27bn | — | −HK$2.64bn | −HK$1.16bn |
| Total assets | HK$60.93bn | HK$57.69bn | HK$55.78bn | HK$55.35bn | HK$54.85bn | HK$54.85bn | HK$54.10bn | HK$54.10bn |
| Cash and short-term investments | HK$1.90bn | HK$1.94bn | HK$1.66bn | HK$1.52bn | HK$1.75bn | HK$1.75bn | HK$1.52bn | HK$1.52bn |
| Debt | HK$7.90bn | HK$21.09bn | HK$21.98bn | HK$22.05bn | HK$22.03bn | HK$7.95bn | HK$19.37bn | HK$7.04bn |
| Shareholders' equity | HK$33.13bn | HK$30.44bn | HK$28.84bn | HK$28.00bn | HK$27.30bn | HK$27.30bn | HK$27.12bn | HK$28.76bn |
Financial ratios
Data as of 29 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 14.6% | 12.0% | 10.0% | 9.2% | 17.5% | 22.2% |
| Operating margin | 7.8% | 7.4% | 5.1% | 4.4% | 11.4% | 16.9% |
| Net margin | 7.3% | 5.2% | 4.2% | 4.5% | 10.0% | 14.1% |
| Return on equity | 6.4% | 4.9% | 3.9% | 4.6% | 9.7% | 11.9% |
| Return on assets | 3.4% | 2.5% | 1.9% | 2.6% | 6.2% | 7.8% |
| Free cash flow yield | 37.5% | 21.6% | 26.5% | 58.1% | 41.7% | 49.5% |
| Revenue growth | 2.5% | 4.2% | -14.5% | -10.3% | 25.7% | -4.7% |
| Earnings growth | 42.9% | 29.2% | -20.2% | -59.5% | -11.0% | 10.7% |
| Current ratio | 1.14x | 1.00x | 1.15x | 1.05x | 1.23x | 1.40x |
| Debt to equity | 0.69x | 0.79x | 0.71x | 0.57x | 0.42x | 0.37x |
| Equity ratio | 52.8% | 50.6% | 50.1% | 56.8% | 63.7% | 65.7% |
| Interest coverage | 9.69x | 5.88x | 4.60x | 10.48x | 49.12x | 25.58x |
| Buybacks as a share of market value | -0.0% | 0.3% | 0.0% | 0.8% | 0.1% | 0.5% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -3.0% | 0.6% | 4.2% |
| Operating income | 17.2% | -13.7% | -3.2% |
| Net income | 13.8% | -11.9% | -1.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 13.3% | 11.4% | 14.3% | 18.0% |
| Operating margin | 7.6% | 6.2% | 8.9% | 13.4% |
| Net margin | 6.3% | 5.3% | 7.6% | 10.8% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 6.2 | 7.6 | 9.4 | 11.3 | 7.2 | 7.5 | 7.8 | 6.0 | 8.3 | 9.6 |
| Price to sales | 0.5 | 0.4 | 0.4 | 0.5 | 0.7 | 1.1 | 0.9 | 0.9 | 1.6 | 1.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 22 years. Last went ex-dividend on 4 May 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.093 | 0.111 | 0.143 | 0.058 | 0.175 | 0.33 | 0.25 | 0.28 |
- 4-for-1 split · 21 Dec 2009
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.