T
0.40
-4.82%
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.
Net income
−HK$22.2m
FY2016FY2025
Free cash flow
−HK$36.1m
FY2016FY2025
Shareholders' equity
HK$2.12bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Research and development | — | — | — | — | — | — | — | — | −HK$400.5m | — |
| Operating income | −HK$24.1m | −HK$25.0m | −HK$27.8m | −HK$34.6m | −HK$35.3m | −HK$33.5m | −HK$44.4m | −HK$44.8m | HK$345.3m | HK$352.9m |
| Net income | −HK$22.2m | −HK$19.2m | −HK$46.0m | HK$45.1m | −HK$526.2m | −HK$41.4m | −HK$33.9m | −HK$389.0m | HK$128.2m | HK$382.2m |
| Diluted earnings per share | -0.01 | -0.01 | -0.03 | 0.02 | -0.29 | -0.02 | -0.00 | -0.21 | 0.08 | 0.26 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$2.66bn | HK$2.68bn | HK$2.83bn | HK$3.44bn | HK$3.31bn | HK$3.34bn | HK$4.17bn | HK$5.06bn | HK$5.39bn | HK$4.78bn |
| Cash and short-term investments | HK$65.9m | HK$108.9m | HK$136.7m | HK$163.2m | HK$163.1m | HK$199.6m | HK$239.1m | HK$162.9m | HK$383.9m | HK$210.3m |
| Total liabilities | HK$542.1m | HK$550.6m | HK$577.2m | HK$700.8m | HK$668.0m | HK$669.5m | HK$844.3m | HK$1.03bn | HK$504.6m | HK$846.7m |
| Debt | HK$369,000 | HK$1.8m | HK$282,000 | HK$1.5m | HK$282,000 | HK$1.6m | — | — | — | — |
| Shareholders' equity | HK$2.12bn | HK$2.13bn | HK$2.25bn | HK$2.74bn | HK$2.64bn | HK$2.67bn | HK$3.32bn | HK$4.02bn | HK$4.88bn | HK$3.93bn |
| Shares outstanding | 1,804m | 1,804m | 1,804m | 1,804m | 1,804m | 1,804m | 1,815m | 1,815m | 1,558m | 1,442m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −HK$36.0m | −HK$18.1m | −HK$19.6m | −HK$21.0m | −HK$31.3m | −HK$41.0m | −HK$43.7m | −HK$48.7m | −HK$23.8m | −HK$32.6m |
| Capital spending | −HK$80,000 | −HK$323,000 | −HK$55,000 | −HK$150,000 | −HK$47,000 | −HK$858,000 | −HK$73,000 | −HK$757,000 | −HK$493,000 | −HK$98.0m |
| Free cash flow | −HK$36.1m | −HK$18.4m | −HK$19.6m | −HK$21.1m | −HK$31.4m | −HK$41.8m | −HK$43.8m | −HK$49.5m | −HK$24.3m | −HK$130.6m |
Latest quarters
By quarter end
| Sept 2025 | Mar 2025 | Sept 2024 | Mar 2024 | Sept 2023 | Mar 2023 | Sept 2022 | Mar 2022 | |
|---|---|---|---|---|---|---|---|---|
| Operating income | −HK$13.1m | −HK$14.2m | −HK$9.9m | −HK$14.1m | −HK$10.9m | −HK$36.0m | −HK$8.5m | −HK$24.3m |
| Net income | −HK$7.4m | −HK$14.8m | −HK$7.4m | −HK$10.3m | −HK$8.9m | −HK$41.6m | −HK$4.4m | HK$54.9m |
| Diluted earnings per share | -0.00 | -0.01 | -0.00 | -0.01 | -0.00 | -0.02 | -0.00 | 0.03 |
| Total assets | HK$2.82bn | HK$2.66bn | HK$2.84bn | HK$2.68bn | HK$2.64bn | HK$3.44bn | HK$2.81bn | HK$3.44bn |
| Cash and short-term investments | HK$42.0m | HK$65.9m | HK$84.2m | HK$108.9m | HK$121.4m | HK$163.2m | HK$150.3m | HK$163.2m |
| Debt | HK$1.0m | — | — | HK$369,000 | HK$1.1m | HK$282,000 | — | HK$282,000 |
| Shareholders' equity | HK$2.24bn | HK$2.12bn | HK$2.26bn | HK$2.13bn | HK$2.11bn | HK$2.74bn | HK$2.25bn | HK$2.74bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | -11.3% | -6.4% | -3.2% |
| Net income | — | -11.7% | -14.8% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -37.3 | -25.4 | -11.4 | 8.0 | -0.9 | -11.3 | -21.4 | -3.2 | 7.3 | 3.9 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 3 Jan 2000.
| FY2000 | |
|---|---|
| Paid in the year | 0.10 |
- 10-to-1 reverse split · 8 Aug 2025
- 10-for-1 split · 5 Jan 2010
- 10-to-1 reverse split · 23 May 2006
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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