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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$779.6m
FY2016FY2025
Net income
−HK$12.8m
FY2016FY2025
Free cash flow
HK$172.6m
FY2016FY2025
Shareholders' equity
HK$67.4m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$779.6m | HK$1.17bn | HK$1.01bn | HK$830.2m | HK$835.3m | HK$929.2m | HK$1.45bn | HK$2.18bn | HK$2.68bn | HK$3.37bn |
| Gross profit | HK$377.8m | HK$451.1m | HK$476.5m | HK$348.9m | HK$186.6m | HK$314.3m | HK$543.2m | HK$1.01bn | HK$1.08bn | HK$1.38bn |
| Operating income | −HK$11.4m | −HK$140.9m | −HK$187.2m | −HK$299.7m | −HK$452.9m | −HK$375.9m | −HK$215.0m | −HK$64.0m | HK$11.0m | HK$351.8m |
| Net income | −HK$12.8m | −HK$510.9m | −HK$198.8m | −HK$328.7m | −HK$351.1m | −HK$8.59bn | −HK$77.6m | HK$263.8m | HK$514.2m | HK$80.8m |
| Diluted earnings per share | -0.01 | -0.29 | -0.13 | -0.22 | -0.24 | -5.75 | -0.05 | 0.18 | 0.38 | 0.07 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$1.63bn | HK$1.84bn | HK$2.51bn | HK$3.17bn | HK$3.72bn | HK$3.87bn | HK$34.61bn | HK$32.05bn | HK$29.24bn | HK$28.40bn |
| Cash and short-term investments | HK$547.9m | HK$394.5m | HK$743.1m | HK$1.06bn | HK$1.62bn | HK$1.77bn | HK$2.74bn | HK$2.14bn | HK$2.73bn | HK$3.30bn |
| Total liabilities | HK$1.56bn | HK$1.72bn | HK$1.88bn | HK$2.21bn | HK$2.45bn | HK$2.27bn | HK$25.51bn | HK$22.79bn | HK$20.12bn | HK$19.80bn |
| Debt | HK$867.4m | HK$1.05bn | HK$1.21bn | HK$1.52bn | HK$1.65bn | HK$1.57bn | HK$10.07bn | HK$8.20bn | HK$6.53bn | HK$6.48bn |
| Shareholders' equity | HK$67.4m | HK$118.5m | HK$635.1m | HK$965.2m | HK$1.26bn | HK$1.60bn | HK$9.10bn | HK$9.26bn | HK$9.12bn | HK$8.60bn |
| Shares outstanding | 1,756m | 1,756m | 1,584m | 1,492m | 1,492m | 1,492m | 1,492m | 1,494m | 1,361m | 1,243m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | HK$180.7m | −HK$95.8m | HK$92.4m | −HK$247.4m | −HK$148.4m | −HK$419.8m | −HK$28.9m | HK$125.9m | HK$66.1m | HK$1.31bn |
| Capital spending | −HK$8.1m | −HK$16.3m | −HK$65.1m | −HK$7.7m | −HK$78.1m | −HK$448.6m | −HK$1.23bn | −HK$673.1m | −HK$368.3m | −HK$210.1m |
| Free cash flow | HK$172.6m | −HK$112.1m | HK$27.2m | −HK$255.2m | −HK$226.5m | −HK$868.4m | −HK$1.26bn | −HK$547.2m | −HK$302.1m | HK$1.10bn |
Latest quarters
By quarter end
| Jul 2025 | Jan 2025 | Jul 2024 | Jan 2024 | Jul 2023 | Jan 2023 | Jul 2022 | Jan 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$424.2m | HK$355.4m | HK$674.2m | HK$493.4m | HK$500.6m | HK$513.3m | HK$323.6m | HK$506.7m |
| Gross profit | HK$178.8m | HK$199.0m | HK$252.3m | HK$198.9m | HK$233.7m | HK$242.8m | HK$128.7m | HK$220.2m |
| Operating income | HK$54.9m | −HK$41.8m | −HK$341.4m | −HK$96.0m | −HK$91.0m | −HK$80.5m | −HK$230.4m | −HK$100.1m |
| Net income | HK$29.8m | −HK$42.6m | −HK$405.1m | −HK$105.8m | −HK$116.3m | −HK$82.4m | −HK$200.4m | −HK$128.3m |
| Diluted earnings per share | 0.02 | -0.02 | -0.23 | -0.06 | -0.07 | -0.06 | -0.13 | -0.09 |
| Cash from operations | HK$180.0m | — | — | −HK$96.0m | HK$44.0m | HK$48.0m | −HK$56.0m | −HK$190.0m |
| Capital spending | −HK$8.0m | — | −HK$1.0m | −HK$14.0m | −HK$54.0m | −HK$11.0m | −HK$2.0m | −HK$5.0m |
| Free cash flow | HK$172.0m | — | — | −HK$110.0m | −HK$10.0m | HK$37.0m | −HK$58.0m | −HK$195.0m |
| Total assets | HK$1.63bn | HK$1.68bn | HK$1.84bn | HK$2.33bn | HK$2.51bn | HK$2.93bn | HK$3.17bn | HK$3.43bn |
| Cash and short-term investments | HK$547.9m | HK$380.5m | HK$394.5m | HK$530.6m | HK$743.1m | HK$745.9m | HK$1.06bn | HK$1.34bn |
| Debt | HK$436.8m | HK$529.7m | HK$856.4m | HK$925.7m | HK$1.04bn | HK$1.04bn | HK$1.17bn | HK$1.22bn |
| Shareholders' equity | HK$67.4m | HK$78.0m | HK$118.5m | HK$529.5m | HK$635.1m | HK$883.2m | HK$965.2m | HK$1.16bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -2.1% | -3.4% | -13.5% |
| Operating income | -66.3% | -50.3% | — |
| Net income | -66.1% | -72.8% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 42.6% | 43.6% | 38.8% | 40.9% |
| Operating margin | -7.8% | -16.9% | -26.4% | -4.9% |
| Net margin | -26.9% | -27.7% | -179.8% | -48.2% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -5.3 | -0.2 | -1.7 | -1.2 | -1.2 | -0.1 | -21.1 | 6.7 | 3.4 | 10.6 |
| Price to sales | 0.1 | 0.1 | 0.3 | 0.5 | 0.5 | 0.9 | 1.1 | 0.8 | 0.7 | 0.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 22 Oct 1998.
| FY1998 | FY1997 | |
|---|---|---|
| Paid in the year | 0.125 | 0.05 |
- 5-to-1 reverse split · 2 Jan 2001
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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