8.21
+0.12%
Close of 9 Nov 2026, in HKD
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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$728.2m
FY2015FY2024
Net income
−HK$351.9m
FY2015FY2024
Free cash flow
HK$242.3m
FY2015FY2024
Shareholders' equity
HK$2.05bn
FY2015FY2024
Income statement
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$728.2m | HK$206.2m | HK$3.9m | HK$3.7m | HK$3.6m | HK$7.1m | HK$3.5m | HK$9.3m | HK$266.4m | HK$1.04bn |
| Operating income | −HK$157.1m | −HK$158.0m | −HK$116.2m | −HK$96.6m | −HK$96.5m | −HK$238.1m | −HK$98.0m | HK$23.5m | −HK$209.3m | HK$38.8m |
| Net income | −HK$351.9m | −HK$289.5m | −HK$94.1m | −HK$156.5m | −HK$110.4m | −HK$335.2m | HK$1.05bn | HK$73.3m | −HK$335.6m | HK$107.9m |
| Diluted earnings per share | -0.14 | -0.12 | -0.04 | -0.06 | -0.04 | -0.12 | 0.62 | 0.07 | -0.39 | 0.13 |
Balance sheet
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$4.21bn | HK$5.18bn | HK$5.25bn | HK$5.29bn | HK$5.34bn | HK$5.40bn | HK$5.48bn | HK$5.10bn | HK$4.28bn | HK$4.79bn |
| Cash and short-term investments | HK$34.8m | HK$132.5m | HK$145.1m | HK$195.2m | HK$712.2m | HK$811.3m | HK$1.61bn | HK$1.15bn | HK$1.06bn | HK$1.36bn |
| Total liabilities | HK$2.15bn | HK$2.52bn | HK$2.30bn | HK$2.22bn | HK$1.91bn | HK$1.71bn | HK$1.05bn | HK$1.82bn | HK$1.07bn | HK$1.33bn |
| Debt | HK$1.63bn | HK$1.80bn | HK$1.69bn | HK$1.58bn | HK$1.30bn | HK$1.04bn | — | HK$173.8m | HK$804.1m | HK$925.7m |
| Shareholders' equity | HK$2.05bn | HK$2.66bn | HK$2.95bn | HK$3.06bn | HK$3.44bn | HK$3.69bn | HK$4.43bn | HK$3.28bn | HK$3.21bn | HK$3.47bn |
| Shares outstanding | 2,430m | 2,462m | 2,481m | 2,507m | 2,659m | 2,754m | 1,675m | 974m | 841m | 812m |
Cash flow
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | HK$274.2m | HK$59.2m | −HK$47.5m | −HK$376.2m | −HK$251.8m | −HK$854.5m | −HK$651.7m | −HK$220.7m | −HK$320.6m | — |
| Capital spending | −HK$32.0m | −HK$17.6m | −HK$179,000 | −HK$811,000 | −HK$2.2m | −HK$11.3m | −HK$2.3m | −HK$11.3m | −HK$13.8m | — |
| Free cash flow | HK$242.3m | HK$41.7m | −HK$47.7m | −HK$377.0m | −HK$254.0m | −HK$865.8m | −HK$654.0m | −HK$232.1m | −HK$334.3m | — |
| Dividends paid | — | — | — | — | — | −HK$759.3m | — | — | — | — |
Latest quarters
By quarter end
| Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sept 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$256.5m | HK$534.9m | HK$193.3m | HK$85.1m | HK$121.1m | HK$60.5m | HK$3.6m | HK$1.8m |
| Operating income | −HK$81.5m | −HK$94.3m | −HK$62.8m | −HK$146.5m | −HK$11.5m | −HK$47.2m | −HK$70.8m | −HK$30.2m |
| Net income | −HK$110.9m | −HK$216.4m | −HK$135.5m | −HK$207.1m | −HK$82.4m | −HK$41.2m | −HK$58.2m | −HK$29.1m |
| Diluted earnings per share | -0.05 | -0.09 | -0.06 | -0.08 | -0.03 | -0.02 | -0.02 | -0.01 |
| Total assets | HK$4.18bn | HK$4.21bn | HK$5.08bn | HK$5.18bn | HK$5.23bn | HK$5.23bn | HK$5.25bn | HK$5.25bn |
| Cash and short-term investments | HK$110.9m | HK$138.2m | HK$107.2m | HK$152.3m | HK$159.9m | HK$665.0m | HK$147.1m | HK$144.9m |
| Debt | HK$1.20bn | HK$1.35bn | HK$1.27bn | HK$1.44bn | HK$1.70bn | HK$1.56bn | HK$1.64bn | HK$1.64bn |
| Shareholders' equity | HK$1.94bn | HK$2.05bn | HK$2.50bn | HK$2.66bn | HK$2.87bn | HK$2.87bn | HK$2.95bn | HK$2.95bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 480.8% | 152.8% | -5.5% |
| Operating income | 17.6% | -8.0% | — |
| Net income | 31.0% | 1.0% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -33.7% | -56.0% | -90.5% | -25.7% |
| Net margin | -68.6% | -94.7% | -140.4% | -6.4% |
Valuation history
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -3.5 | -6.8 | -19.5 | -13.3 | -35.9 | -12.3 | 1.4 | 6.1 | -1.1 | 5.5 |
| Price to sales | 1.7 | 9.6 | 473.3 | — | — | — | 417.2 | 48.3 | 1.4 | 0.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 2 Oct 2019.
| FY2019 | FY2018 | FY2013 | FY2011 | FY2009 | |
|---|---|---|---|---|---|
| Paid in the year | 0.125 | 0.15 | 1.00 | 0.275 | 1.667 |
- 25-to-1 reverse split · 9 Nov 2015
- 3-for-1 split · 3 Dec 2012
- 10-to-1 reverse split · 9 May 2011
- 20-to-1 reverse split · 4 May 2009
- 10-to-1 reverse split · 9 May 2008
- 50-to-1 reverse split · 10 Sept 2002
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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