0.10
-5.83%
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$457.8m
FY2016FY2025
Net income
−HK$13.4m
FY2016FY2025
Free cash flow
HK$99.2m
FY2016FY2025
Shareholders' equity
HK$465.9m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$457.8m | HK$459.8m | HK$454.8m | HK$494.6m | HK$422.5m | HK$510.4m | HK$539.8m | HK$584.7m | HK$506.0m | HK$631.9m |
| Gross profit | HK$160.0m | HK$179.2m | HK$180.6m | HK$183.5m | HK$158.6m | HK$206.7m | HK$210.8m | HK$239.3m | HK$211.4m | HK$268.0m |
| Operating income | HK$4.2m | HK$17.6m | HK$17.3m | HK$20.6m | HK$12.4m | HK$26.3m | HK$22.5m | HK$54.3m | HK$45.7m | HK$88.5m |
| Net income | −HK$13.4m | HK$8.5m | HK$14.1m | HK$11.9m | HK$10.8m | HK$11.3m | HK$15.1m | HK$44.2m | HK$42.3m | HK$78.4m |
| Diluted earnings per share | -0.02 | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.07 | 0.07 | 0.13 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$605.8m | HK$711.1m | HK$740.6m | HK$702.2m | HK$702.7m | HK$678.6m | HK$620.3m | HK$656.0m | HK$582.9m | HK$614.0m |
| Cash and short-term investments | HK$129.5m | HK$87.7m | HK$146.7m | HK$104.2m | HK$103.0m | HK$83.4m | HK$66.4m | HK$62.4m | HK$79.7m | HK$127.8m |
| Total liabilities | HK$139.9m | HK$215.6m | HK$243.9m | HK$231.7m | HK$241.4m | HK$228.4m | HK$157.4m | HK$176.8m | HK$151.0m | HK$189.2m |
| Debt | HK$55.4m | HK$97.4m | HK$101.6m | HK$92.1m | HK$137.0m | HK$88.2m | HK$36.6m | HK$41.4m | HK$38.1m | HK$58.9m |
| Shareholders' equity | HK$465.9m | HK$495.5m | HK$496.7m | HK$470.5m | HK$461.2m | HK$450.2m | HK$462.9m | HK$479.2m | HK$431.9m | HK$424.8m |
| Shares outstanding | 719m | 719m | 633m | 616m | 616m | 616m | 616m | 616m | 616m | 601m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | HK$106.4m | −HK$2.3m | HK$95.4m | HK$72.5m | HK$88.9m | HK$110.5m | HK$51.9m | HK$8.0m | HK$32.5m | HK$75.1m |
| Capital spending | −HK$7.2m | −HK$10.6m | −HK$38.4m | −HK$6.3m | −HK$37.4m | −HK$6.0m | −HK$18.7m | −HK$8.4m | −HK$6.6m | −HK$4.5m |
| Free cash flow | HK$99.2m | −HK$12.9m | HK$57.0m | HK$66.2m | HK$51.5m | HK$104.5m | HK$33.2m | −HK$458,000 | HK$26.0m | HK$70.6m |
| Dividends paid | — | −HK$3.6m | −HK$6.0m | −HK$6.0m | −HK$6.0m | −HK$15.0m | −HK$21.0m | −HK$21.0m | −HK$51.1m | −HK$33.0m |
Latest quarters
By quarter end
| Sept 2025 | Mar 2025 | Sept 2024 | Mar 2024 | Sept 2023 | Jun 2023 | Mar 2023 | Sept 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$166.6m | HK$221.3m | HK$236.5m | HK$245.9m | HK$214.0m | HK$107.0m | HK$220.9m | HK$233.9m |
| Gross profit | HK$60.4m | HK$77.1m | HK$82.9m | HK$85.3m | HK$93.9m | HK$47.0m | HK$85.7m | HK$94.9m |
| Operating income | −HK$5.6m | −HK$8.4m | HK$12.6m | HK$2.9m | HK$14.7m | HK$6.0m | −HK$3.4m | HK$23.1m |
| Net income | −HK$3.2m | −HK$22.3m | HK$8.9m | HK$132,000 | HK$8.4m | HK$4.2m | −HK$1.4m | HK$15.5m |
| Diluted earnings per share | -0.00 | -0.03 | 0.01 | 0.00 | 0.01 | 0.01 | -0.00 | 0.03 |
| Cash from operations | HK$35.0m | HK$60.0m | HK$46.0m | HK$25.0m | −HK$28.0m | — | HK$16.0m | HK$78.0m |
| Capital spending | −HK$2.0m | −HK$2.0m | −HK$4.0m | −HK$3.0m | −HK$6.0m | — | −HK$34.0m | −HK$3.0m |
| Free cash flow | HK$33.0m | HK$58.0m | HK$42.0m | HK$22.0m | −HK$34.0m | — | −HK$18.0m | HK$75.0m |
| Total assets | HK$609.7m | HK$605.8m | HK$690.0m | HK$711.1m | HK$764.9m | HK$764.9m | HK$740.6m | HK$749.4m |
| Cash and short-term investments | HK$147.5m | HK$129.5m | HK$84.3m | HK$87.7m | HK$107.3m | HK$107.3m | HK$146.7m | HK$168.0m |
| Debt | HK$24.0m | HK$34.6m | HK$44.0m | HK$78.0m | HK$88.1m | HK$12.3m | HK$72.4m | HK$58.6m |
| Shareholders' equity | HK$462.6m | HK$465.9m | HK$504.3m | HK$495.5m | HK$501.7m | HK$501.7m | HK$496.7m | HK$484.5m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -2.5% | -2.2% | -2.3% |
| Operating income | -41.2% | -30.7% | -25.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 37.0% | 37.7% | 38.2% | 39.5% |
| Operating margin | 2.4% | 3.2% | 3.5% | 6.9% |
| Net margin | -0.5% | 1.1% | 1.5% | 5.1% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -9.9 | 15.7 | 7.2 | 11.0 | 26.2 | 15.4 | 16.3 | 6.8 | 8.7 | 7.8 |
| Price to sales | 0.3 | 0.3 | 0.2 | 0.3 | 0.7 | 0.3 | 0.5 | 0.5 | 0.7 | 1.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 13 Sept 2023.
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.005 | 0.01 | 0.01 | 0.01 | 0.024 | 0.034 | 0.034 | 0.063 |
- 2-for-1 split · 1 Jun 2016
- 13-for-10 split · 1 Sept 2010
- 11-for-10 split · 29 Aug 2008
- 21-for-20 split · 20 Dec 2007
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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