0.11
0.00%
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$1.64bn
FY2016FY2025
Net income
−HK$140.6m
FY2016FY2025
Free cash flow
−HK$117.3m
FY2016FY2025
Shareholders' equity
HK$1.51bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$1.64bn | HK$1.61bn | HK$1.66bn | HK$1.76bn | HK$1.61bn | HK$1.55bn | HK$1.90bn | HK$2.27bn | HK$2.34bn | HK$2.15bn |
| Gross profit | HK$315.0m | HK$290.4m | HK$317.4m | HK$228.3m | HK$74.7m | HK$172.7m | HK$323.7m | HK$563.2m | HK$665.3m | HK$651.2m |
| Operating income | −HK$206.8m | −HK$239.0m | −HK$270.7m | −HK$136.5m | −HK$315.5m | HK$297.6m | −HK$29.7m | HK$52.3m | HK$99.6m | HK$78.5m |
| Net income | −HK$140.6m | −HK$481.4m | −HK$361.5m | −HK$151.7m | −HK$333.3m | HK$146.0m | −HK$54.7m | HK$21.0m | HK$149.7m | HK$81.8m |
| Diluted earnings per share | -0.07 | -0.23 | -0.17 | -0.07 | -0.16 | 0.07 | -0.03 | 0.01 | 0.07 | 0.04 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$3.27bn | HK$3.28bn | HK$3.41bn | HK$3.66bn | HK$3.99bn | HK$4.01bn | HK$3.62bn | HK$3.82bn | HK$3.54bn | HK$3.19bn |
| Cash and short-term investments | HK$192.6m | HK$153.5m | HK$324.0m | HK$552.9m | HK$769.8m | HK$618.2m | HK$790.0m | HK$883.7m | HK$775.4m | HK$669.0m |
| Total liabilities | HK$1.73bn | HK$1.71bn | HK$1.40bn | HK$1.30bn | HK$1.27bn | HK$1.17bn | HK$1.08bn | HK$1.18bn | HK$989.3m | HK$895.5m |
| Debt | HK$808.4m | HK$653.9m | HK$448.5m | HK$413.2m | HK$276.1m | HK$287.2m | HK$454.3m | HK$367.1m | HK$306.0m | HK$301.0m |
| Shareholders' equity | HK$1.51bn | HK$1.56bn | HK$1.99bn | HK$2.33bn | HK$2.68bn | HK$2.84bn | HK$2.51bn | HK$2.61bn | HK$2.53bn | HK$2.27bn |
| Shares outstanding | 2,100m | 2,100m | 2,100m | 2,100m | 2,100m | 2,100m | 2,100m | 2,100m | 2,100m | 2,100m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −HK$46.0m | −HK$133.1m | HK$19.3m | HK$35.5m | −HK$150.2m | −HK$107.9m | −HK$108.1m | −HK$37.0m | −HK$34.0m | HK$165.5m |
| Capital spending | −HK$71.3m | −HK$287.1m | −HK$295.8m | −HK$289.5m | −HK$138.5m | −HK$178.0m | −HK$199.4m | −HK$86.3m | −HK$53.5m | −HK$105.1m |
| Free cash flow | −HK$117.3m | −HK$420.2m | −HK$276.6m | −HK$254.1m | −HK$288.7m | −HK$285.9m | −HK$307.6m | −HK$123.3m | −HK$87.5m | HK$60.4m |
| Dividends paid | — | — | — | — | — | — | −HK$5.3m | — | −HK$47.5m | −HK$28.1m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$830.0m | HK$736.6m | HK$899.0m | HK$815.4m | HK$789.9m | HK$843.2m | HK$819.9m | HK$819.2m |
| Gross profit | HK$176.1m | HK$152.2m | HK$162.8m | HK$146.4m | HK$144.0m | HK$155.4m | HK$162.0m | HK$147.1m |
| Operating income | −HK$95.2m | −HK$168.2m | −HK$38.6m | −HK$254.3m | −HK$180.3m | −HK$197.4m | −HK$84.8m | −HK$101.3m |
| Net income | −HK$118.7m | −HK$55.5m | −HK$85.1m | −HK$340.2m | −HK$141.2m | −HK$269.8m | −HK$91.7m | −HK$83.3m |
| Diluted earnings per share | -0.06 | -0.03 | -0.04 | -0.16 | -0.07 | -0.13 | -0.04 | -0.04 |
| Cash from operations | — | −HK$4.0m | −HK$41.0m | −HK$92.0m | −HK$40.0m | −HK$34.0m | HK$54.0m | HK$10.0m |
| Capital spending | — | −HK$32.0m | −HK$39.0m | −HK$98.0m | −HK$189.0m | −HK$85.0m | −HK$210.0m | −HK$223.0m |
| Free cash flow | — | −HK$36.0m | −HK$80.0m | −HK$190.0m | −HK$229.0m | −HK$119.0m | −HK$156.0m | −HK$213.0m |
| Total assets | HK$3.32bn | HK$3.27bn | HK$3.37bn | HK$3.28bn | HK$3.34bn | HK$3.41bn | HK$3.48bn | HK$3.66bn |
| Cash and short-term investments | HK$180.9m | HK$192.6m | HK$217.1m | HK$153.5m | HK$335.1m | HK$325.4m | HK$415.4m | HK$552.9m |
| Debt | HK$633.7m | HK$808.4m | HK$802.5m | HK$653.9m | HK$606.4m | HK$448.5m | HK$401.4m | HK$413.2m |
| Shareholders' equity | HK$1.46bn | HK$1.51bn | HK$1.54bn | HK$1.56bn | HK$1.82bn | HK$1.99bn | HK$2.21bn | HK$2.33bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -2.4% | 1.1% | -3.7% |
| Operating income | 14.8% | — | — |
| Net income | -2.5% | — | 13.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 18.7% | 17.3% | 14.2% | 20.6% |
| Operating margin | -13.8% | -12.8% | -8.9% | -2.7% |
| Net margin | -19.2% | -17.0% | -13.5% | -5.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -0.9 | -0.6 | -1.6 | -4.5 | -1.9 | 4.3 | -12.1 | 37.9 | 5.3 | 12.1 |
| Price to sales | 0.1 | 0.2 | 0.3 | 0.4 | 0.4 | 0.4 | 0.3 | 0.3 | 0.3 | 0.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 6 Sept 2017.
| FY2017 | FY2016 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.015 | 0.013 | 0.00 | 0.00 | 0.016 | 0.023 | 0.001 | 0.024 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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