H 
0.24
+10.85%
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$85.6m
FY2016FY2025
Net income
−HK$26.7m
FY2016FY2025
Free cash flow
HK$19.2m
FY2016FY2025
Shareholders' equity
HK$217.4m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$85.6m | HK$176.3m | HK$169.5m | HK$199.1m | HK$217.1m | HK$232.2m | HK$283.1m | HK$253.9m | HK$170.7m | HK$227.2m |
| Operating income | −HK$2.0m | HK$4.3m | −HK$8.6m | −HK$874,000 | −HK$6.3m | −HK$9.1m | −HK$4.0m | −HK$10.6m | −HK$15.8m | −HK$8.3m |
| Net income | −HK$26.7m | −HK$22.0m | −HK$19.6m | −HK$1.9m | HK$4.7m | −HK$23.0m | HK$1.0m | −HK$3.5m | −HK$4.4m | −HK$22.3m |
| Diluted earnings per share | -0.16 | -0.13 | -0.12 | -0.00 | 0.02 | -0.14 | 0.00 | -0.00 | -0.02 | -0.18 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$360.9m | HK$415.2m | HK$427.5m | HK$380.7m | HK$391.7m | HK$357.7m | HK$388.4m | HK$409.2m | HK$360.5m | HK$371.5m |
| Cash and short-term investments | HK$9.6m | HK$23.1m | HK$36.1m | HK$26.2m | HK$21.9m | HK$17.8m | HK$26.7m | HK$28.3m | HK$18.1m | HK$15.7m |
| Total liabilities | HK$143.5m | HK$172.8m | HK$164.2m | HK$99.9m | HK$110.6m | HK$83.1m | HK$92.4m | HK$111.2m | HK$96.9m | HK$99.7m |
| Debt | HK$133.6m | HK$159.5m | HK$140.6m | HK$85.6m | HK$88.6m | HK$65.9m | HK$71.0m | HK$89.7m | HK$79.3m | HK$77.2m |
| Shareholders' equity | HK$217.4m | HK$242.4m | HK$263.3m | HK$280.8m | HK$281.1m | HK$274.6m | HK$296.0m | HK$298.0m | HK$263.6m | HK$271.8m |
| Shares outstanding | 162m | 162m | 162m | 162m | 162m | 162m | 162m | 162m | 161m | 118m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | HK$19.3m | −HK$34.9m | −HK$45.9m | −HK$1.8m | −HK$21.5m | HK$1.1m | HK$21.0m | −HK$21.9m | −HK$4.2m | −HK$10.4m |
| Capital spending | −HK$130,000 | −HK$669,000 | −HK$632,000 | −HK$573,000 | −HK$612,000 | −HK$464,000 | −HK$958,000 | −HK$695,000 | −HK$571,000 | −HK$1.3m |
| Free cash flow | HK$19.2m | −HK$35.6m | −HK$46.5m | −HK$2.4m | −HK$22.1m | HK$679,000 | HK$20.0m | −HK$22.6m | −HK$4.8m | −HK$11.8m |
| Dividends paid | — | — | — | — | — | −HK$2.5m | −HK$2.5m | — | — | — |
Latest quarters
By quarter end
| Sept 2025 | Mar 2025 | Sept 2024 | Mar 2024 | Sept 2023 | Mar 2023 | Sept 2022 | Mar 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$32.4m | HK$37.4m | HK$48.1m | HK$74.8m | HK$101.5m | HK$72.4m | HK$97.1m | HK$86.3m |
| Operating income | −HK$6.0m | −HK$2.4m | HK$405,000 | HK$188,000 | HK$4.1m | −HK$7.9m | −HK$747,000 | HK$229,000 |
| Net income | −HK$9.2m | −HK$23.7m | −HK$3.1m | −HK$21.3m | −HK$648,000 | −HK$20.4m | HK$794,000 | HK$913,000 |
| Diluted earnings per share | -0.05 | -0.14 | -0.00 | -0.13 | -0.00 | -0.12 | 0.00 | 0.00 |
| Cash from operations | — | — | HK$39.0m | −HK$8.0m | −HK$26.0m | −HK$17.0m | −HK$28.0m | HK$6.0m |
| Total assets | HK$353.6m | HK$360.9m | HK$385.4m | HK$415.2m | HK$428.8m | HK$427.5m | HK$417.9m | HK$380.7m |
| Cash and short-term investments | HK$6.6m | HK$9.6m | HK$16.1m | HK$23.1m | HK$21.6m | HK$36.1m | HK$34.4m | HK$26.2m |
| Debt | HK$131.7m | HK$133.5m | HK$132.4m | HK$159.1m | HK$153.2m | HK$140.5m | HK$122.6m | HK$85.2m |
| Shareholders' equity | HK$208.8m | HK$217.4m | HK$239.5m | HK$242.4m | HK$264.8m | HK$263.3m | HK$286.7m | HK$280.8m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -24.5% | -18.1% | -9.0% |
| Operating income | 32.5% | -25.9% | -12.3% |
| Net income | 139.7% | 3.0% | 22.0% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 0.9% | -1.1% | -2.1% | -3.1% |
| Net margin | -18.6% | -11.1% | -8.2% | -5.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -2.2 | -1.7 | -1.8 | -39.1 | 21.0 | -5.0 | 94.5 | -36.9 | -50.6 | -8.2 |
| Price to sales | 0.7 | 0.2 | 0.2 | 0.4 | 0.5 | 0.5 | 0.3 | 0.5 | 1.3 | 0.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 9 Sept 2019.
| FY2020 | FY2019 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.002 | 0.002 | 0.005 | 0.005 | 0.005 | 0.005 | 0.005 | 0.005 |
- 8-to-1 reverse split · 5 Feb 2026
- 5-for-4 split · 31 Aug 2017
- 5-for-4 split · 27 Aug 2015
- 9-for-8 split · 28 Aug 2014
- 11-for-10 split · 15 Aug 2013
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.