N 
0.01
-7.69%
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$775.5m
FY2017FY2026
Net income
−HK$3.9m
FY2017FY2026
Free cash flow
HK$495,000
FY2017FY2026
Shareholders' equity
HK$406.7m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$775.5m | HK$470.3m | HK$864.3m | HK$1.89bn | HK$262.2m | HK$602.0m | HK$481.1m | HK$1.11bn | HK$2.39bn | HK$1.87bn |
| Gross profit | HK$17.8m | −HK$4.0m | HK$12.0m | HK$19.1m | HK$10.9m | HK$11.1m | HK$17.5m | HK$82.5m | HK$303.2m | HK$239.6m |
| Operating income | HK$5.0m | −HK$45.6m | −HK$29.6m | HK$4.0m | −HK$7.2m | −HK$12.1m | −HK$18.0m | HK$35.6m | HK$231.8m | HK$139.8m |
| Net income | −HK$3.9m | −HK$45.9m | −HK$30.8m | HK$1.8m | −HK$5.5m | −HK$18.3m | −HK$16.9m | −HK$80.9m | HK$233.6m | HK$66.3m |
| Diluted earnings per share | -0.00 | -0.00 | -0.00 | 0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.01 | 0.00 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$684.9m | HK$508.4m | HK$560.4m | HK$1.81bn | HK$625.0m | HK$977.8m | HK$806.9m | HK$1.04bn | HK$3.45bn | HK$1.86bn |
| Cash and short-term investments | HK$3.8m | HK$3.1m | HK$6.5m | HK$7.5m | HK$9.0m | HK$7.5m | HK$6.1m | HK$92.4m | HK$212.5m | HK$15.2m |
| Total liabilities | HK$287.9m | HK$132.7m | HK$134.0m | HK$1.32bn | HK$103.0m | HK$472.4m | HK$321.1m | HK$487.7m | HK$2.78bn | HK$1.49bn |
| Debt | HK$36.4m | — | HK$4.2m | HK$6.5m | HK$16.7m | HK$21.8m | HK$752,000 | HK$412.6m | HK$851.2m | HK$414.1m |
| Shareholders' equity | HK$406.7m | HK$385.1m | HK$435.6m | HK$493.2m | HK$531.1m | HK$514.2m | HK$494.1m | HK$559.3m | HK$682.4m | HK$379.3m |
| Shares outstanding | 21,084m | 21,084m | 21,084m | 21,084m | 21,084m | 21,084m | 21,084m | 21,084m | 21,084m | 21,084m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | HK$11.5m | HK$6.9m | HK$1.3m | HK$11.2m | HK$12.5m | −HK$147.3m | HK$354.6m | HK$342.9m | −HK$213.0m | HK$1.36bn |
| Capital spending | −HK$11.0m | −HK$10.5m | −HK$2.0m | −HK$3.0m | −HK$4.1m | −HK$1.2m | −HK$11.9m | −HK$17.7m | −HK$11.7m | −HK$31.3m |
| Free cash flow | HK$495,000 | −HK$3.5m | −HK$708,000 | HK$8.2m | HK$8.5m | −HK$148.5m | HK$342.8m | HK$325.2m | −HK$224.7m | HK$1.33bn |
| Dividends paid | — | — | — | — | — | — | — | — | — | −HK$21.0m |
Latest quarters
By quarter end
| Mar 2026 | Sept 2025 | Mar 2025 | Sept 2024 | Mar 2024 | Sept 2023 | Mar 2023 | Sept 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$403.8m | HK$371.7m | HK$178.4m | HK$291.9m | HK$136.5m | HK$727.8m | HK$1.28bn | HK$608.9m |
| Gross profit | HK$22.8m | −HK$5.0m | HK$1.4m | −HK$8.3m | −HK$414,000 | HK$12.4m | HK$13.7m | HK$5.4m |
| Operating income | HK$14.3m | −HK$9.3m | −HK$13.5m | −HK$17.2m | −HK$31.5m | −HK$711,000 | HK$7.5m | −HK$3.4m |
| Net income | HK$5.6m | −HK$9.4m | −HK$28.5m | −HK$17.4m | −HK$31.6m | HK$834,000 | HK$3.4m | −HK$1.6m |
| Diluted earnings per share | 0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.00 | 0.00 | -0.00 |
| Cash from operations | — | HK$11.0m | −HK$2.0m | HK$9.0m | HK$2.0m | — | HK$15.0m | −HK$4.0m |
| Capital spending | −HK$11.0m | — | −HK$10.0m | — | −HK$1.0m | — | −HK$3.0m | −HK$1.0m |
| Free cash flow | — | — | −HK$12.0m | — | HK$1.0m | — | HK$12.0m | −HK$5.0m |
| Total assets | HK$684.9m | HK$525.5m | HK$508.4m | HK$479.8m | HK$560.4m | HK$1.53bn | HK$1.81bn | HK$1.04bn |
| Cash and short-term investments | HK$3.8m | HK$6.4m | HK$3.1m | HK$6.1m | HK$6.5m | HK$6.4m | HK$7.5m | HK$3.2m |
| Debt | HK$7.0m | — | — | HK$4.5m | HK$4.2m | HK$5.2m | HK$6.5m | HK$15.2m |
| Shareholders' equity | HK$406.7m | HK$384.4m | HK$385.1m | HK$429.2m | HK$435.6m | HK$462.4m | HK$493.2m | HK$472.7m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -25.7% | 5.2% | -10.2% |
| Operating income | 7.5% | — | -32.2% |
| Net income | — | -26.8% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 1.1% | 1.1% | 1.4% | 8.2% |
| Operating margin | -3.3% | -1.7% | -1.8% | 4.2% |
| Net margin | -4.0% | -2.0% | -2.1% | 2.1% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -71.2 | -4.6 | -6.8 | 114.5 | -42.5 | -17.3 | -12.5 | -4.4 | 2.7 | 49.6 |
| Price to sales | 0.3 | 0.5 | 0.2 | 0.1 | 0.9 | 0.5 | 0.4 | 0.3 | 0.3 | 1.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 27 Sept 2016.
| FY2017 | FY2016 | FY2015 | FY2004 | |
|---|---|---|---|---|
| Paid in the year | 0.001 | 0.001 | 0.00 | 0.00 |
- 10-for-1 split · 9 Jun 2015
- 4-to-1 reverse split · 13 Apr 2012
- 20-for-1 split · 18 Jan 2008
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.