1.12
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$835.0m
FY2017FY2026
Net income
HK$56.9m
FY2017FY2026
Free cash flow
HK$130.9m
FY2017FY2026
Shareholders' equity
HK$525.5m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$835.0m | HK$880.9m | HK$457.9m | HK$416.9m | HK$362.5m | HK$356.2m | HK$916.8m | HK$452.3m | HK$518.5m | HK$817.7m |
| Gross profit | HK$112.6m | HK$110.3m | HK$31.8m | −HK$737,000 | −HK$57.5m | −HK$4.1m | HK$126.7m | HK$4.4m | HK$44.0m | HK$145.2m |
| Operating income | HK$68.9m | HK$28.2m | −HK$17.5m | −HK$24.0m | −HK$103.0m | −HK$36.8m | HK$83.8m | −HK$58.6m | HK$7.5m | HK$98.9m |
| Net income | HK$56.9m | HK$10.9m | −HK$28.3m | −HK$31.5m | −HK$100.7m | −HK$33.8m | HK$73.0m | −HK$50.4m | HK$5.5m | HK$79.0m |
| Diluted earnings per share | 0.68 | 0.13 | -0.34 | -0.37 | -1.20 | -0.02 | 0.87 | -0.03 | 0.00 | 0.05 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$856.4m | HK$921.1m | HK$863.6m | HK$971.4m | HK$804.2m | HK$933.4m | HK$1.04bn | HK$857.9m | HK$993.8m | HK$1.21bn |
| Cash and short-term investments | HK$137.5m | HK$112.4m | HK$85.7m | HK$197.1m | HK$127.9m | HK$187.9m | HK$207.3m | HK$197.0m | HK$256.4m | HK$347.9m |
| Total liabilities | HK$330.9m | HK$441.4m | HK$393.0m | HK$471.5m | HK$272.1m | HK$302.4m | HK$345.4m | HK$232.0m | HK$308.1m | HK$509.8m |
| Debt | HK$178.8m | HK$191.6m | HK$255.6m | HK$213.3m | HK$110.5m | HK$105.4m | HK$123.8m | HK$95.9m | HK$81.1m | HK$251.7m |
| Shareholders' equity | HK$525.5m | HK$479.7m | HK$470.6m | HK$500.0m | HK$532.1m | HK$631.0m | HK$697.9m | HK$625.9m | HK$685.7m | HK$696.2m |
| Shares outstanding | 84m | 84m | 84m | 84m | 84m | 1,680m | 84m | 1,680m | 1,680m | 1,680m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | HK$161.3m | HK$79.0m | −HK$33.3m | −HK$58.1m | −HK$13.4m | −HK$2.7m | HK$12.7m | −HK$63.2m | HK$66.8m | HK$294.9m |
| Capital spending | −HK$30.4m | −HK$50.8m | −HK$15.1m | −HK$31.6m | −HK$8.2m | −HK$12.2m | −HK$21.2m | −HK$13.6m | −HK$1.2m | −HK$53.5m |
| Free cash flow | HK$130.9m | HK$28.2m | −HK$48.4m | −HK$89.7m | −HK$21.6m | −HK$14.9m | −HK$8.5m | −HK$76.8m | HK$65.6m | HK$241.5m |
| Dividends paid | −HK$10.1m | — | — | — | — | −HK$33.6m | −HK$33.6m | −HK$33.6m | −HK$16.8m | −HK$37.8m |
Latest quarters
By quarter end
| Mar 2026 | Sept 2025 | Mar 2025 | Sept 2024 | Mar 2024 | Sept 2023 | Jun 2023 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$365.3m | HK$469.8m | HK$492.1m | HK$388.8m | HK$241.2m | HK$216.7m | HK$108.4m | HK$292.3m |
| Gross profit | HK$26.8m | HK$85.8m | HK$48.7m | HK$58.4m | HK$31.1m | −HK$2.3m | HK$352,000 | HK$67.3m |
| Operating income | HK$4.7m | HK$63.5m | HK$17.7m | HK$9.9m | HK$3.7m | −HK$22.3m | −HK$14.8m | HK$51.9m |
| Net income | HK$9.5m | HK$47.4m | HK$7.7m | HK$3.2m | −HK$3.4m | −HK$24.9m | −HK$12.5m | HK$55.3m |
| Diluted earnings per share | 0.11 | 0.56 | 0.09 | 0.04 | -0.04 | -0.30 | -0.01 | 0.66 |
| Cash from operations | HK$71.0m | HK$89.0m | HK$36.0m | HK$42.0m | −HK$54.0m | HK$20.0m | — | — |
| Capital spending | −HK$6.0m | −HK$23.0m | −HK$25.0m | −HK$25.0m | −HK$1.0m | −HK$13.0m | — | −HK$26.0m |
| Free cash flow | HK$65.0m | HK$66.0m | HK$11.0m | HK$17.0m | −HK$55.0m | HK$7.0m | — | — |
| Total assets | HK$856.4m | HK$935.6m | HK$921.1m | HK$929.5m | HK$863.6m | HK$870.6m | HK$870.6m | HK$971.4m |
| Cash and short-term investments | HK$137.5m | HK$96.3m | HK$112.4m | HK$115.5m | HK$85.7m | HK$141.7m | HK$152.2m | HK$197.1m |
| Debt | HK$177.1m | HK$195.0m | HK$191.6m | HK$184.7m | HK$145.4m | HK$140.9m | HK$154.3m | HK$313.3m |
| Shareholders' equity | HK$525.5m | HK$527.1m | HK$479.7m | HK$473.8m | HK$470.6m | HK$475.0m | HK$475.0m | HK$500.0m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 26.1% | 18.6% | -2.4% |
| Operating income | — | — | -8.9% |
| Net income | — | — | -9.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 13.0% | 9.8% | 5.8% | 10.2% |
| Operating margin | 5.7% | 2.1% | -2.5% | 3.1% |
| Net margin | 4.0% | 0.3% | -3.8% | 1.9% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 1.6 | 9.2 | -2.6 | -1.9 | -1.1 | -89.6 | 2.3 | -87.4 | — | 91.0 |
| Price to sales | 0.1 | 0.1 | 0.2 | 0.1 | 0.3 | 8.5 | 0.2 | 9.7 | 11.7 | 8.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 1 years. Last went ex-dividend on 10 Dec 2025.
| FY2026 | FY2021 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|
| Paid in the year | 0.12 | 0.40 | 0.20 | 0.45 | 1.00 |
- 20-to-1 reverse split · 14 Feb 2025
- 4-for-1 split · 23 Dec 2015
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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