0.24
+2.17%
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$31.5m
FY2015FY2024
Net income
−HK$12.5m
FY2015FY2024
Free cash flow
−HK$4.6m
FY2015FY2024
Shareholders' equity
HK$52.3m
FY2015FY2024
Income statement
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$31.5m | HK$36.3m | HK$54.2m | HK$34.9m | HK$20.1m | HK$53.2m | HK$64.6m | HK$98.5m | HK$96.5m | HK$62.9m |
| Operating income | −HK$13.2m | −HK$29.8m | −HK$9.8m | −HK$10.1m | −HK$22.9m | −HK$23.1m | −HK$22.9m | −HK$84.2m | −HK$15.8m | HK$4.5m |
| Net income | −HK$12.5m | −HK$35.9m | −HK$8.8m | −HK$7.1m | −HK$22.6m | −HK$33.8m | −HK$56.0m | −HK$57.8m | −HK$12.1m | −HK$26.1m |
| Diluted earnings per share | -0.03 | -0.08 | -0.02 | -0.02 | -0.05 | -0.07 | -0.14 | -0.16 | -0.04 | -0.07 |
Balance sheet
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$65.8m | HK$124.3m | HK$209.5m | HK$196.4m | HK$160.7m | HK$196.7m | HK$246.9m | HK$324.8m | HK$363.6m | HK$141.7m |
| Cash and short-term investments | HK$37.0m | HK$30.1m | HK$69.9m | HK$89.2m | HK$92.6m | HK$100.2m | HK$109.5m | HK$28.5m | HK$83.4m | HK$90.9m |
| Total liabilities | HK$13.6m | HK$10.0m | HK$13.8m | HK$19.6m | HK$23.8m | HK$23.4m | HK$53.2m | HK$173.6m | HK$161.6m | HK$11.0m |
| Debt | HK$3.1m | HK$2.3m | HK$1.8m | HK$7.7m | HK$7.3m | HK$14.7m | HK$41.9m | HK$154.8m | HK$108.3m | — |
| Shareholders' equity | HK$52.3m | HK$114.3m | HK$195.7m | HK$176.8m | HK$136.9m | HK$173.4m | HK$193.7m | HK$151.2m | HK$202.0m | HK$130.7m |
| Shares outstanding | 455m | 455m | 447m | 447m | 447m | 447m | 398m | 370m | 341m | 334m |
Cash flow
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −HK$4.3m | −HK$19.7m | −HK$6.1m | −HK$12.0m | −HK$3.5m | −HK$10.3m | −HK$4.2m | −HK$10.7m | HK$14.2m | HK$8.9m |
| Capital spending | −HK$348,000 | −HK$3.0m | −HK$1.4m | −HK$4,000 | −HK$26,000 | −HK$14.9m | −HK$73.7m | −HK$101.0m | −HK$19.6m | −HK$1.7m |
| Free cash flow | −HK$4.6m | −HK$22.7m | −HK$7.6m | −HK$12.0m | −HK$3.5m | −HK$25.2m | −HK$77.9m | −HK$111.7m | −HK$5.4m | HK$7.2m |
| Dividends paid | — | — | — | — | — | — | — | — | — | −HK$20.0m |
Latest quarters
By quarter end
| Jun 2025 | Dec 2024 | Jun 2024 | Jun 2023 | Dec 2022 | Jun 2022 | Dec 2021 | Jun 2021 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$21.8m | HK$17.7m | HK$13.8m | HK$20.2m | HK$25.1m | HK$29.0m | HK$19.3m | HK$15.6m |
| Operating income | −HK$6.8m | −HK$5.0m | −HK$7.2m | −HK$7.8m | −HK$7.4m | −HK$748,000 | −HK$95,000 | −HK$5.8m |
| Net income | −HK$10.8m | −HK$5.0m | −HK$7.5m | −HK$9.7m | −HK$6.2m | −HK$2.7m | −HK$915,000 | −HK$6.2m |
| Diluted earnings per share | -0.02 | -0.01 | -0.02 | -0.02 | -0.01 | -0.01 | -0.00 | -0.01 |
| Total assets | HK$54.4m | HK$65.8m | HK$73.9m | HK$294.9m | HK$209.5m | HK$182.8m | HK$196.4m | HK$198.0m |
| Cash and short-term investments | HK$41.0m | HK$37.0m | HK$31.8m | HK$25.8m | HK$69.9m | HK$82.9m | HK$89.2m | HK$99.1m |
| Debt | HK$840,000 | HK$1.3m | HK$2.0m | HK$533,000 | HK$533,000 | HK$5.7m | HK$6.2m | HK$8.4m |
| Shareholders' equity | HK$41.5m | HK$52.3m | HK$61.4m | HK$285.7m | HK$195.7m | HK$162.5m | HK$176.8m | HK$178.9m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -3.3% | -9.9% | -6.2% |
| Operating income | 9.3% | -10.6% | — |
| Net income | 20.7% | -18.0% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -63.3% | -40.0% | -47.3% | -34.8% |
| Net margin | -71.4% | -41.0% | -52.5% | -31.6% |
Valuation history
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -4.9 | -5.8 | -10.3 | -13.2 | -4.4 | -6.8 | -5.8 | -8.1 | -42.6 | -20.9 |
| Price to sales | 1.9 | 5.8 | 1.7 | 2.7 | 4.9 | 4.3 | 5.0 | 4.8 | 5.3 | 8.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 30 Apr 2015.
| FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.06 | 0.057 | 0.082 | 0.082 | 0.125 | 0.08 | 0.065 | 0.08 |
- 20-to-1 reverse split · 27 Aug 2004
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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