G
0.60
+2.56%
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$333.5m
FY2016FY2025
Net income
HK$326,000
FY2016FY2025
Free cash flow
−HK$15.8m
FY2016FY2025
Shareholders' equity
HK$294.5m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$333.5m | HK$317.8m | HK$270.3m | HK$330.2m | HK$347.2m | HK$315.4m | HK$314.2m | HK$323.5m | HK$304.2m | HK$303.2m |
| Gross profit | HK$71.3m | HK$79.5m | HK$70.7m | HK$71.5m | HK$73.5m | HK$80.8m | HK$74.2m | HK$65.2m | HK$80.1m | HK$96.1m |
| Research and development | HK$2.1m | — | HK$32,000 | — | — | — | — | — | — | — |
| Operating income | HK$6.5m | HK$1.5m | −HK$737,000 | HK$2.7m | HK$9.8m | HK$20.3m | HK$12.9m | HK$7.3m | HK$31.5m | HK$36.5m |
| Net income | HK$326,000 | −HK$6.4m | −HK$10.9m | −HK$22.8m | HK$4.7m | HK$12.3m | HK$7.4m | HK$6.2m | HK$23.3m | HK$24.0m |
| Diluted earnings per share | 0.01 | -0.01 | -0.02 | -0.06 | 0.01 | 0.05 | 0.03 | 0.03 | 0.09 | 0.11 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$693.0m | HK$656.1m | HK$632.6m | HK$627.6m | HK$667.6m | HK$571.8m | HK$536.8m | HK$529.2m | HK$420.7m | HK$342.1m |
| Cash and short-term investments | HK$20.7m | HK$31.5m | HK$28.7m | HK$21.5m | HK$36.6m | HK$14.5m | HK$18.2m | HK$19.1m | HK$16.9m | HK$21.8m |
| Total liabilities | HK$398.3m | HK$369.2m | HK$337.7m | HK$340.3m | HK$352.6m | HK$299.7m | HK$282.0m | HK$278.3m | HK$175.0m | HK$179.7m |
| Debt | HK$215.1m | HK$211.4m | HK$211.8m | HK$220.0m | HK$234.8m | HK$190.1m | HK$190.1m | HK$169.8m | HK$63.3m | HK$87.3m |
| Shareholders' equity | HK$294.5m | HK$286.5m | HK$294.8m | HK$287.4m | HK$315.1m | HK$272.1m | HK$254.8m | HK$250.9m | HK$245.7m | HK$162.4m |
| Shares outstanding | 32m | 540m | 541m | 360m | 365m | 256m | 260m | 240m | 260m | 217m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | HK$17.9m | HK$55.5m | HK$39.8m | HK$17.9m | −HK$1.1m | HK$47.5m | HK$35.6m | HK$12.3m | HK$5.2m | HK$38.9m |
| Capital spending | −HK$33.7m | −HK$34.8m | −HK$25.1m | −HK$10.7m | −HK$36.3m | −HK$41.0m | −HK$46.6m | −HK$73.8m | −HK$20.9m | −HK$30.8m |
| Free cash flow | −HK$15.8m | HK$20.8m | HK$14.7m | HK$7.2m | −HK$37.4m | HK$6.4m | −HK$11.0m | −HK$61.5m | −HK$15.8m | HK$8.1m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$138.3m | HK$69.1m | HK$87.2m | HK$87.2m | HK$79.6m | HK$79.6m | HK$80.1m | HK$80.1m |
| Gross profit | HK$24.1m | HK$12.1m | HK$20.1m | HK$20.1m | HK$15.6m | HK$15.6m | HK$20.3m | HK$20.3m |
| Operating income | −HK$12.6m | −HK$6.3m | HK$3.3m | HK$3.3m | −HK$5.4m | −HK$2.7m | HK$762,500 | HK$762,500 |
| Net income | −HK$10.0m | −HK$5.0m | HK$1.7m | HK$1.7m | −HK$1.6m | −HK$1.6m | −HK$1.8m | −HK$1.8m |
| Diluted earnings per share | -0.29 | -0.15 | 0.05 | 0.05 | -0.05 | -0.05 | -0.00 | -0.00 |
| Cash from operations | — | — | HK$23.0m | HK$16.0m | −HK$3.0m | −HK$3.0m | HK$16.0m | HK$16.0m |
| Capital spending | — | — | −HK$23.0m | −HK$16.0m | — | — | −HK$12.0m | −HK$12.0m |
| Free cash flow | — | — | HK$0 | HK$0 | — | — | HK$4.0m | HK$4.0m |
| Total assets | HK$707.6m | HK$707.6m | HK$693.0m | HK$693.0m | HK$675.1m | HK$675.1m | HK$656.1m | HK$656.1m |
| Cash and short-term investments | HK$16.2m | HK$49.4m | HK$20.7m | HK$15.5m | HK$13.4m | HK$52.5m | HK$31.5m | HK$31.5m |
| Debt | HK$161.2m | HK$161.2m | HK$215.1m | HK$164.1m | HK$205.8m | HK$145.9m | HK$211.4m | HK$194.5m |
| Shareholders' equity | HK$295.4m | HK$295.4m | HK$294.5m | HK$294.5m | HK$290.0m | HK$290.0m | HK$286.5m | HK$286.5m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 0.3% | 1.1% | 0.7% |
| Operating income | 34.1% | -20.3% | -6.8% |
| Net income | — | -51.7% | -20.9% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 23.2% | 23.4% | 23.4% | 24.2% |
| Operating margin | 1.2% | 0.8% | 2.1% | 4.1% |
| Net margin | -0.9% | -3.2% | -1.2% | 1.2% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 120.5 | -96.6 | -59.5 | -28.5 | 167.0 | 94.9 | 172.2 | 288.6 | 110.2 | 66.6 |
| Price to sales | 0.1 | 1.9 | 2.4 | 2.0 | 2.3 | 3.7 | 4.0 | 5.5 | 8.4 | 5.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 20-to-1 reverse split · 13 May 2025
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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