0.80
0.00%
Close of 9 Nov 2026, in HKD
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At a glance
Figures in HKD, from our data supplier.
Revenue
HK$5.15bn
FY2017FY2026
Net income
HK$160.7m
FY2017FY2026
Free cash flow
HK$330.0m
FY2017FY2026
Shareholders' equity
HK$4.94bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$5.15bn | HK$5.59bn | HK$5.37bn | HK$6.06bn | HK$8.04bn | HK$7.35bn | HK$7.63bn | HK$8.21bn | HK$8.53bn | HK$7.86bn |
| Gross profit | HK$1.37bn | HK$1.32bn | HK$1.41bn | HK$1.57bn | HK$2.33bn | HK$2.28bn | HK$2.44bn | HK$2.60bn | HK$2.62bn | HK$2.49bn |
| Operating income | HK$99.3m | −HK$30.7m | HK$11.3m | HK$110.5m | HK$289.4m | HK$303.3m | HK$285.7m | HK$172.2m | HK$139.2m | HK$189.8m |
| Net income | HK$160.7m | HK$116.1m | HK$132.3m | HK$75.1m | HK$191.1m | HK$274.2m | HK$169.1m | HK$325.2m | HK$304.3m | HK$478.5m |
| Diluted earnings per share | 0.12 | 0.08 | 0.10 | 0.05 | 0.14 | 0.20 | 0.12 | 0.24 | 0.22 | 0.35 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$6.70bn | HK$6.89bn | HK$7.11bn | HK$6.95bn | HK$8.98bn | HK$8.74bn | HK$8.31bn | HK$8.58bn | HK$9.22bn | HK$9.98bn |
| Cash and short-term investments | HK$1.47bn | HK$1.64bn | HK$1.59bn | HK$1.97bn | HK$2.45bn | HK$1.76bn | HK$1.83bn | HK$2.21bn | HK$2.66bn | HK$4.29bn |
| Total liabilities | HK$1.76bn | HK$2.12bn | HK$2.32bn | HK$1.93bn | HK$3.54bn | HK$3.34bn | HK$3.38bn | HK$3.20bn | HK$3.49bn | HK$4.08bn |
| Debt | HK$846.3m | HK$1.26bn | HK$1.24bn | HK$847.7m | HK$1.89bn | HK$1.20bn | HK$1.86bn | HK$1.53bn | HK$1.58bn | HK$2.52bn |
| Shareholders' equity | HK$4.94bn | HK$4.76bn | HK$4.79bn | HK$5.03bn | HK$5.44bn | HK$5.40bn | HK$4.93bn | HK$5.38bn | HK$5.25bn | HK$5.45bn |
| Shares outstanding | 1,382m | 1,382m | 1,382m | 1,382m | 1,382m | 1,382m | 1,382m | 1,382m | 1,382m | 1,382m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | HK$428.4m | HK$509.0m | HK$388.7m | HK$1.03bn | HK$931.5m | HK$749.8m | HK$657.4m | HK$144.7m | HK$184.4m | HK$276.1m |
| Capital spending | −HK$98.4m | −HK$295.3m | −HK$215.7m | −HK$250.1m | −HK$291.7m | −HK$188.2m | −HK$221.9m | −HK$236.0m | −HK$256.4m | −HK$210.4m |
| Free cash flow | HK$330.0m | HK$213.7m | HK$173.1m | HK$780.8m | HK$639.8m | HK$561.6m | HK$435.4m | −HK$91.3m | −HK$72.0m | HK$65.7m |
| Dividends paid | −HK$138.2m | −HK$82.9m | −HK$207.3m | −HK$276.3m | −HK$248.7m | −HK$69.1m | −HK$345.4m | −HK$414.5m | −HK$718.5m | −HK$884.3m |
Latest quarters
By quarter end
| Mar 2026 | Sept 2025 | Mar 2025 | Sept 2024 | Mar 2024 | Sept 2023 | Jun 2023 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$2.43bn | HK$2.71bn | HK$2.58bn | HK$3.00bn | HK$2.72bn | HK$2.64bn | HK$1.32bn | HK$2.66bn |
| Gross profit | HK$624.3m | HK$749.4m | HK$600.2m | HK$719.5m | HK$746.4m | HK$672.5m | HK$336.3m | HK$596.1m |
| Operating income | HK$3.6m | HK$91.6m | −HK$28.5m | −HK$33.8m | HK$60.3m | −HK$36.8m | −HK$34.5m | −HK$247.1m |
| Net income | HK$48.4m | HK$112.3m | HK$14.5m | HK$101.5m | HK$88.6m | HK$43.7m | HK$22.5m | −HK$37.9m |
| Diluted earnings per share | 0.03 | 0.08 | 0.01 | 0.07 | 0.06 | 0.03 | 0.02 | -0.03 |
| Cash from operations | −HK$39.0m | HK$468.0m | HK$361.0m | HK$147.0m | HK$202.0m | HK$186.0m | — | HK$778.0m |
| Capital spending | −HK$98.0m | −HK$468.0m | −HK$295.0m | −HK$147.0m | −HK$139.0m | −HK$76.0m | — | −HK$129.0m |
| Free cash flow | −HK$137.0m | HK$0 | HK$66.0m | HK$0 | HK$63.0m | HK$110.0m | — | HK$649.0m |
| Total assets | HK$6.70bn | HK$6.69bn | HK$6.89bn | HK$8.30bn | HK$7.11bn | HK$6.92bn | HK$6.92bn | HK$6.95bn |
| Cash and short-term investments | HK$1.47bn | HK$1.61bn | HK$1.64bn | HK$2.57bn | HK$1.59bn | HK$2.04bn | HK$2.04bn | HK$1.97bn |
| Debt | HK$602.1m | HK$885.8m | HK$1.26bn | HK$2.29bn | HK$1.24bn | HK$691.1m | HK$270.6m | HK$847.7m |
| Shareholders' equity | HK$4.94bn | HK$4.84bn | HK$4.76bn | HK$4.94bn | HK$4.79bn | HK$4.82bn | HK$4.81bn | HK$5.03bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -5.3% | -6.9% | -5.8% |
| Operating income | -3.5% | -20.0% | -14.8% |
| Net income | 28.8% | -10.1% | -17.1% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 25.1% | 25.6% | 27.4% | 29.8% |
| Operating margin | 0.6% | 0.9% | 2.1% | 2.6% |
| Net margin | 2.6% | 2.2% | 2.5% | 4.1% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 6.6 | 11.9 | 8.0 | 17.6 | 9.0 | 7.8 | 12.1 | 8.2 | 11.6 | 12.4 |
| Price to sales | 0.2 | 0.3 | 0.2 | 0.2 | 0.2 | 0.3 | 0.3 | 0.3 | 0.4 | 0.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 33 years. Last went ex-dividend on 27 Aug 2026.
| FY2027 | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.06 | 0.05 | 0.04 | 0.15 | 0.20 | 0.18 | 0.05 | 0.25 |
- 2-for-1 split · 26 Sept 1997
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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