T 
1.91
-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$308.1m
FY2016FY2025
Net income
−HK$322.0m
FY2016FY2025
Free cash flow
HK$141.0m
FY2016FY2025
Shareholders' equity
HK$3.95bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$308.1m | HK$304.6m | HK$309.9m | HK$310.3m | HK$444.9m | HK$600.1m | HK$622.7m | HK$645.6m | HK$673.4m | HK$680.5m |
| Gross profit | HK$210.7m | HK$207.7m | HK$222.2m | HK$219.3m | HK$348.5m | HK$507.9m | HK$535.5m | HK$560.3m | HK$589.5m | HK$598.4m |
| Operating income | HK$168.0m | HK$166.6m | HK$180.9m | HK$178.5m | HK$311.8m | HK$469.1m | HK$496.7m | HK$519.8m | HK$549.7m | HK$557.1m |
| Net income | −HK$322.0m | HK$193.7m | −HK$759.3m | −HK$554.0m | −HK$777.6m | −HK$460.1m | HK$73.7m | HK$108.1m | −HK$90.6m | HK$439.0m |
| Diluted earnings per share | -0.68 | 0.41 | -1.60 | -1.17 | -1.64 | -0.97 | 0.16 | 0.23 | -0.19 | 0.92 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$7.99bn | HK$8.74bn | HK$8.49bn | HK$10.19bn | HK$11.45bn | HK$13.20bn | HK$14.53bn | HK$14.80bn | HK$15.04bn | HK$15.65bn |
| Cash and short-term investments | HK$572.9m | HK$570.6m | HK$511.6m | HK$492.9m | HK$430.9m | HK$480.3m | HK$566.6m | HK$569.4m | HK$430.8m | HK$380.8m |
| Total liabilities | HK$4.05bn | HK$4.40bn | HK$4.27bn | HK$5.15bn | HK$5.78bn | HK$6.66bn | HK$7.33bn | HK$7.45bn | HK$7.58bn | HK$7.89bn |
| Debt | HK$201.3m | HK$201.4m | HK$201.5m | HK$201.6m | HK$201.6m | HK$201.7m | HK$201.8m | HK$201.9m | HK$202.0m | HK$202.1m |
| Shareholders' equity | HK$3.95bn | HK$4.35bn | HK$4.22bn | HK$5.04bn | HK$5.67bn | HK$6.54bn | HK$7.21bn | HK$7.35bn | HK$7.46bn | HK$7.77bn |
| Shares outstanding | 475m | 475m | 475m | 475m | 475m | 475m | 475m | 475m | 475m | 477m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | HK$141.3m | HK$187.6m | HK$142.7m | HK$190.5m | HK$150.6m | HK$308.3m | HK$421.3m | HK$450.9m | HK$458.4m | HK$489.5m |
| Capital spending | −HK$265,000 | −HK$818,000 | −HK$1.9m | −HK$851,000 | −HK$670,000 | −HK$992,000 | −HK$1.6m | −HK$516,000 | −HK$559,000 | −HK$258,000 |
| Free cash flow | HK$141.0m | HK$186.8m | HK$140.8m | HK$189.6m | HK$149.9m | HK$307.3m | HK$419.7m | HK$450.4m | HK$457.8m | HK$489.3m |
| Dividends paid | −HK$76.0m | −HK$71.2m | −HK$57.0m | −HK$76.0m | −HK$94.9m | −HK$204.1m | −HK$213.6m | −HK$218.4m | −HK$218.4m | −HK$218.4m |
Latest quarters
By quarter end
| Sept 2025 | Mar 2025 | Sept 2024 | Mar 2024 | Sept 2023 | Jun 2023 | Mar 2023 | Sept 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$152.4m | HK$151.7m | HK$156.4m | HK$151.1m | HK$153.4m | HK$76.7m | HK$151.6m | HK$158.3m |
| Gross profit | HK$102.5m | HK$104.2m | HK$106.5m | HK$103.0m | HK$104.7m | HK$52.3m | HK$108.3m | HK$113.9m |
| Operating income | HK$83.3m | HK$81.3m | HK$86.7m | HK$81.5m | HK$85.1m | HK$39.9m | HK$86.6m | HK$94.3m |
| Net income | −HK$75.4m | −HK$44.2m | −HK$277.8m | −HK$39.6m | HK$233.4m | HK$230.9m | −HK$202.5m | −HK$556.9m |
| Diluted earnings per share | -0.16 | -0.09 | -0.59 | -0.08 | 0.49 | 0.48 | -0.43 | -1.17 |
| Cash from operations | HK$73.0m | HK$59.0m | HK$82.0m | HK$79.0m | HK$108.0m | — | HK$62.0m | HK$79.0m |
| Capital spending | — | — | — | — | — | — | −HK$1.0m | — |
| Free cash flow | — | — | — | — | — | — | HK$61.0m | — |
| Total assets | HK$7.86bn | HK$7.99bn | HK$8.23bn | HK$8.74bn | HK$8.97bn | HK$8.97bn | HK$8.49bn | HK$9.06bn |
| Cash and short-term investments | HK$618.6m | HK$572.9m | HK$656.6m | HK$570.6m | HK$621.6m | HK$621.6m | HK$511.6m | HK$569.1m |
| Debt | HK$201.3m | HK$201.3m | HK$201.4m | HK$201.4m | HK$201.5m | HK$201.5m | HK$201.5m | HK$201.6m |
| Shareholders' equity | HK$3.83bn | HK$3.95bn | HK$4.02bn | HK$4.35bn | HK$4.41bn | HK$8.41bn | HK$4.22bn | HK$4.44bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -0.2% | -12.5% | -7.3% |
| Operating income | -2.0% | -18.6% | -10.9% |
| Net income | -16.5% | -6.9% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 68.3% | 69.7% | 75.3% | 82.3% |
| Operating margin | 54.6% | 56.3% | 64.7% | 74.4% |
| Net margin | -20.9% | -116.9% | -117.6% | -26.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -3.0 | 4.7 | -1.4 | -3.0 | -2.8 | -5.1 | 46.5 | 37.8 | -48.4 | 9.0 |
| Price to sales | 3.1 | 3.0 | 3.5 | 5.4 | 4.8 | 3.9 | 5.5 | 6.3 | 6.5 | 5.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 15 years. Last went ex-dividend on 12 Dec 2025.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.13 | 0.16 | 0.24 | 0.12 | 0.16 | 0.20 | 0.43 | 0.45 |
- 4-for-1 split · 22 Sept 1989
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.