P 
0.62
—
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$611.1m
FY2020FY2025
Net income
HK$13.8m
FY2020FY2025
Free cash flow
HK$3.0m
FY2020FY2025
Shareholders' equity
HK$567.2m
FY2020FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Revenue | HK$611.1m | HK$568.1m | HK$564.3m | HK$529.0m | HK$351.2m | HK$145.8m |
| Operating income | HK$345.8m | HK$25.9m | HK$312.6m | HK$314.6m | HK$192.9m | HK$21.7m |
| Net income | HK$13.8m | HK$15.4m | HK$8.5m | HK$44.2m | HK$40.1m | HK$2.6m |
| Diluted earnings per share | 0.02 | 0.02 | 0.01 | 0.06 | 0.05 | 0.00 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Total assets | HK$782.8m | HK$760.8m | HK$738.7m | HK$616.8m | HK$577.2m | HK$521.4m |
| Cash and short-term investments | HK$267.1m | HK$293.1m | HK$305.1m | HK$107.2m | HK$135.6m | HK$58.3m |
| Total liabilities | HK$215.6m | HK$211.6m | HK$235.8m | HK$229.1m | HK$228.9m | HK$214.2m |
| Debt | HK$114.4m | HK$121.6m | HK$126.4m | HK$135.1m | HK$141.6m | HK$151.0m |
| Shareholders' equity | HK$567.2m | HK$549.3m | HK$502.9m | HK$349.0m | HK$348.2m | HK$307.2m |
| Shares outstanding | 807m | 807m | 800m | 757m | 807m | 807m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Cash from operations | HK$49.1m | HK$23.3m | HK$45.4m | HK$91.5m | HK$101.3m | HK$19.8m |
| Capital spending | −HK$46.0m | −HK$18.5m | −HK$25.8m | −HK$30.2m | −HK$5.0m | −HK$13.6m |
| Free cash flow | HK$3.0m | HK$4.8m | HK$19.6m | HK$61.3m | HK$96.3m | HK$6.3m |
| Dividends paid | −HK$23.2m | — | −HK$14.0m | — | — | — |
Latest quarters
By quarter end
| Mar 2026 | Sept 2025 | Mar 2025 | Sept 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sept 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$385.6m | HK$225.5m | HK$286.1m | HK$282.1m | HK$141.0m | HK$286.1m | HK$143.0m | HK$278.3m |
| Operating income | HK$328.4m | HK$17.4m | HK$160.8m | HK$162.6m | HK$81.3m | HK$158.1m | HK$79.1m | HK$154.5m |
| Net income | HK$2.2m | HK$11.6m | −HK$302,000 | HK$15.7m | HK$7.8m | −HK$6.8m | −HK$3.4m | HK$15.3m |
| Diluted earnings per share | 0.00 | 0.01 | -0.00 | 0.02 | 0.01 | -0.01 | -0.00 | 0.02 |
| Cash from operations | — | HK$24.0m | HK$20.0m | HK$3.0m | HK$1.0m | HK$24.0m | HK$12.0m | HK$20.0m |
| Capital spending | — | −HK$6.0m | −HK$5.0m | −HK$14.0m | −HK$7.0m | −HK$9.0m | −HK$4.0m | −HK$15.0m |
| Free cash flow | — | HK$18.0m | HK$15.0m | −HK$11.0m | −HK$6.0m | HK$15.0m | HK$8.0m | HK$5.0m |
| Total assets | HK$782.8m | HK$792.8m | HK$760.8m | HK$763.2m | HK$763.2m | HK$738.7m | HK$738.7m | HK$529.0m |
| Cash and short-term investments | HK$267.1m | HK$284.9m | HK$293.1m | HK$296.3m | HK$296.3m | HK$305.1m | HK$305.1m | HK$98.9m |
| Debt | HK$45.2m | HK$121.9m | HK$121.6m | HK$124.4m | HK$10.0m | HK$126.4m | HK$10.4m | HK$10.2m |
| Shareholders' equity | HK$567.2m | HK$574.6m | HK$549.3m | HK$550.2m | HK$550.2m | HK$502.9m | HK$502.9m | HK$267.9m |
Financial ratios
Data as of 1 Nov 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | 4.4% | 5.9% | 5.7% | 12.3% | 15.0% | 4.9% |
| Net margin | 2.3% | 2.7% | 1.5% | 8.3% | 11.4% | 1.8% |
| Return on equity | 2.4% | 2.8% | 1.7% | 12.7% | 11.5% | 0.8% |
| Return on assets | 1.8% | 2.0% | 1.2% | 7.2% | 6.9% | 0.5% |
| Free cash flow yield | 18.9% | 8.3% | 14.2% | 25.7% | — | — |
| Revenue growth | 7.6% | 0.7% | 6.7% | 50.6% | 140.9% | — |
| Earnings growth | -10.2% | 80.2% | -80.7% | 10.2% | 1467.6% | — |
| Current ratio | 2.83x | 3.46x | 2.92x | 1.41x | 1.88x | 1.51x |
| Debt to equity | 0.08x | 0.10x | 0.13x | 0.21x | 0.24x | 0.03x |
| Equity ratio | 72.5% | 72.2% | 68.1% | 56.6% | 60.3% | 58.9% |
| Interest coverage | 8.64x | 9.34x | 7.83x | 18.23x | 15.06x | 1.96x |
| Buybacks as a share of market value | -0.0% | -0.8% | -5.7% | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 4.9% | 33.2% | — |
| Operating income | 3.2% | 74.0% | — |
| Net income | -32.1% | 40.1% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 31.5% | 44.0% | 43.8% | — |
| Net margin | 2.5% | 3.6% | 4.5% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | |
|---|---|---|
| Price to earnings | 126.1 | 220.1 |
| Price to sales | 2.9 | 6.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 1 years. Last went ex-dividend on 2 Sept 2025.
| FY2025 | |
|---|---|
| Paid in the year | 0.029 |
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.