0.28
-8.33%
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$247.0m
FY2015FY2024
Net income
−HK$34.4m
FY2015FY2024
Free cash flow
−HK$7.3m
FY2015FY2024
Shareholders' equity
HK$226.1m
FY2015FY2024
Income statement
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$247.0m | HK$211.8m | HK$231.1m | HK$323.0m | HK$270.6m | HK$201.2m | HK$71.4m | HK$246.0m | HK$268.4m | HK$727.0m |
| Gross profit | HK$61.4m | HK$61.4m | HK$94.5m | HK$141.8m | HK$134.5m | HK$84.3m | −HK$56.6m | HK$71.2m | −HK$42.2m | HK$98.3m |
| Operating income | −HK$33.5m | −HK$47.1m | −HK$18.0m | HK$39.1m | HK$30.3m | HK$8.5m | −HK$133.4m | −HK$12.6m | −HK$238.0m | −HK$2.4m |
| Net income | −HK$34.4m | −HK$62.5m | −HK$24.7m | HK$38.3m | HK$19.6m | −HK$11.6m | −HK$122.9m | HK$51.6m | −HK$603.2m | −HK$8.4m |
| Diluted earnings per share | -0.02 | -0.03 | -0.01 | 0.03 | 0.01 | -0.01 | -0.08 | 0.03 | -0.44 | -0.01 |
Balance sheet
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$923.8m | HK$960.5m | HK$1.16bn | HK$759.6m | HK$753.2m | HK$699.4m | HK$671.2m | HK$771.7m | HK$952.6m | HK$754.5m |
| Cash and short-term investments | HK$205.4m | HK$183.3m | HK$273.5m | HK$309.2m | HK$160.2m | HK$201.0m | HK$180.6m | HK$490.6m | HK$370.1m | HK$71.9m |
| Total liabilities | HK$697.7m | HK$698.8m | HK$840.8m | HK$411.0m | HK$444.0m | HK$410.1m | HK$343.1m | HK$309.2m | HK$1.15bn | HK$435.3m |
| Debt | HK$494.9m | HK$449.9m | HK$493.0m | HK$106.1m | HK$255.3m | HK$258.3m | HK$186.9m | HK$108.0m | HK$879.8m | HK$143.5m |
| Shareholders' equity | HK$226.1m | HK$261.7m | HK$317.0m | HK$348.6m | HK$309.2m | HK$289.3m | HK$328.1m | HK$462.6m | −HK$195.8m | HK$319.2m |
| Shares outstanding | 1,455m | 1,455m | 1,455m | 1,455m | 1,455m | 1,455m | 1,455m | 1,455m | 1,363m | 1,024m |
Cash flow
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | HK$4.0m | HK$3.2m | −HK$86.6m | HK$113.5m | −HK$39.1m | −HK$22.7m | −HK$17.8m | HK$71.6m | −HK$220.9m | −HK$4.8m |
| Capital spending | −HK$11.3m | −HK$35.3m | −HK$288.5m | −HK$6.1m | −HK$9.0m | −HK$10.8m | −HK$18.4m | −HK$6.5m | −HK$2.0m | −HK$876,000 |
| Free cash flow | −HK$7.3m | −HK$32.1m | −HK$375.0m | HK$107.4m | −HK$48.1m | −HK$33.4m | −HK$36.1m | HK$65.1m | −HK$222.8m | −HK$5.6m |
Latest quarters
By quarter end
| Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | Jun 2022 | Dec 2021 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$177.3m | HK$104.4m | HK$142.6m | HK$94.8m | HK$117.0m | HK$87.4m | HK$143.7m | HK$126.9m |
| Gross profit | HK$67.4m | −HK$3.5m | HK$64.9m | HK$7.1m | HK$54.3m | HK$29.0m | HK$65.5m | HK$46.8m |
| Operating income | HK$8.9m | −HK$19.3m | −HK$10.8m | −HK$15.5m | −HK$30.6m | −HK$20.1m | −HK$1.2m | −HK$3.6m |
| Net income | HK$6.2m | −HK$23.6m | −HK$10.8m | −HK$34.5m | −HK$28.0m | −HK$22.9m | −HK$1.9m | HK$5.4m |
| Diluted earnings per share | 0.00 | -0.01 | -0.01 | -0.01 | -0.02 | -0.01 | -0.00 | 0.00 |
| Cash from operations | −HK$11.0m | HK$14.0m | −HK$10.0m | HK$57.0m | −HK$54.0m | −HK$60.0m | −HK$26.0m | −HK$143.0m |
| Total assets | HK$931.9m | HK$923.8m | HK$976.4m | HK$960.5m | HK$1.01bn | HK$1.16bn | HK$758.8m | HK$759.6m |
| Cash and short-term investments | HK$172.1m | HK$205.4m | HK$180.8m | HK$183.3m | HK$176.5m | HK$273.5m | HK$269.7m | HK$309.2m |
| Debt | HK$482.1m | HK$337.6m | HK$359.5m | HK$365.8m | HK$453.5m | HK$454.5m | HK$86.2m | HK$1.8m |
| Shareholders' equity | HK$232.8m | HK$226.1m | HK$251.9m | HK$261.7m | HK$288.8m | HK$317.0m | HK$340.2m | HK$348.6m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -8.5% | 4.2% | -11.5% |
| Net income | — | 24.3% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 26.8% | 35.5% | 38.9% | 20.8% |
| Operating margin | -17.6% | -5.9% | -1.4% | -11.0% |
| Net margin | -21.1% | -8.2% | -5.1% | -20.8% |
Valuation history
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -9.9 | -5.0 | -31.2 | 20.9 | 92.6 | -218.0 | -19.5 | 145.0 | -5.5 | -169.9 |
| Price to sales | 1.4 | 1.5 | 3.3 | 2.5 | 6.7 | 12.6 | 33.6 | 30.4 | 12.4 | 2.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 22 Aug 2013.
| FY2014 | FY2006 | FY2005 | FY2004 | FY2002 | FY2001 | |
|---|---|---|---|---|---|---|
| Paid in the year | 0.01 | 0.022 | 0.018 | 0.011 | 0.035 | 0.009 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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