1.58
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$3.54bn
FY2016FY2025
Net income
HK$108.1m
FY2016FY2025
Free cash flow
HK$632.7m
FY2016FY2025
Shareholders' equity
HK$897.7m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$3.54bn | HK$3.29bn | HK$3.21bn | HK$2.68bn | HK$3.17bn | HK$2.80bn | HK$3.25bn | HK$3.13bn | HK$2.77bn | HK$2.51bn |
| Operating income | HK$244.3m | HK$145.0m | HK$176.0m | −HK$90.1m | HK$177.1m | HK$138.9m | HK$202.2m | HK$375.9m | HK$287.9m | HK$261.0m |
| Net income | HK$108.1m | HK$62.7m | HK$93.8m | −HK$43.2m | HK$99.7m | HK$119.0m | HK$76.9m | HK$304.9m | HK$209.6m | HK$108.6m |
| Diluted earnings per share | 0.11 | 0.06 | 0.09 | -0.04 | 0.10 | 0.12 | 0.06 | 0.41 | 0.21 | 0.11 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$2.43bn | HK$2.47bn | HK$2.58bn | HK$2.51bn | HK$2.74bn | HK$3.21bn | HK$3.40bn | HK$1.40bn | HK$1.73bn | HK$2.25bn |
| Cash and short-term investments | HK$380.4m | HK$330.8m | HK$328.1m | HK$282.6m | HK$452.6m | HK$562.1m | HK$711.1m | HK$243.0m | HK$222.4m | HK$156.6m |
| Total liabilities | HK$1.54bn | HK$1.54bn | HK$1.60bn | HK$1.56bn | HK$1.64bn | HK$2.13bn | HK$2.43bn | HK$1.03bn | HK$1.54bn | HK$1.38bn |
| Debt | HK$364.1m | HK$1.10bn | HK$1.14bn | HK$1.11bn | HK$1.16bn | HK$1.66bn | HK$1.94bn | HK$537.2m | HK$1.06bn | HK$954.0m |
| Shareholders' equity | HK$897.7m | HK$935.6m | HK$983.3m | HK$953.9m | HK$1.09bn | HK$1.08bn | HK$966.7m | HK$366.0m | HK$197.7m | HK$477.9m |
| Shares outstanding | 971m | 1,005m | 1,005m | 1,005m | 1,003m | 1,002m | 1,240m | 750m | 1,000m | 1,000m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | HK$736.0m | HK$683.7m | HK$684.9m | HK$518.9m | HK$689.4m | HK$677.9m | HK$677.0m | HK$546.3m | HK$185.7m | HK$172.0m |
| Capital spending | −HK$103.4m | −HK$122.5m | −HK$161.1m | −HK$179.3m | −HK$138.1m | −HK$159.9m | −HK$231.0m | −HK$222.1m | −HK$297.3m | −HK$231.5m |
| Free cash flow | HK$632.7m | HK$561.2m | HK$523.8m | HK$339.5m | HK$551.3m | HK$517.9m | HK$446.0m | HK$324.3m | −HK$111.6m | −HK$59.5m |
| Dividends paid | −HK$131.1m | −HK$95.5m | −HK$59.3m | −HK$74.8m | −HK$89.4m | −HK$31.0m | −HK$72.4m | −HK$20.0m | −HK$15.4m | −HK$14.0m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$1.85bn | HK$1.83bn | HK$1.71bn | HK$1.68bn | HK$1.61bn | HK$1.64bn | HK$1.57bn | HK$1.46bn |
| Operating income | HK$142.2m | HK$152.4m | HK$639.7m | HK$657.6m | HK$587.2m | HK$598.5m | HK$79.7m | −HK$18.9m |
| Net income | HK$74.9m | HK$67.3m | HK$40.8m | HK$52.0m | HK$10.7m | HK$48.5m | HK$45.3m | HK$9.3m |
| Diluted earnings per share | 0.08 | 0.07 | 0.04 | 0.05 | 0.01 | 0.05 | 0.05 | 0.01 |
| Cash from operations | — | HK$396.0m | HK$343.0m | HK$380.0m | HK$306.0m | HK$366.0m | HK$318.0m | HK$320.0m |
| Capital spending | — | −HK$52.0m | −HK$51.0m | −HK$67.0m | −HK$68.0m | −HK$81.0m | −HK$53.0m | −HK$102.0m |
| Free cash flow | — | HK$344.0m | HK$292.0m | HK$313.0m | HK$238.0m | HK$285.0m | HK$265.0m | HK$218.0m |
| Total assets | HK$2.38bn | HK$2.43bn | HK$2.37bn | HK$2.47bn | HK$2.48bn | HK$2.58bn | HK$2.50bn | HK$2.51bn |
| Cash and short-term investments | HK$484.1m | HK$380.4m | HK$282.3m | HK$330.8m | HK$268.0m | HK$328.1m | HK$319.0m | HK$282.6m |
| Debt | HK$357.4m | HK$1.05bn | HK$1.08bn | HK$1.10bn | HK$1.13bn | HK$1.14bn | HK$1.10bn | HK$1.11bn |
| Shareholders' equity | HK$931.7m | HK$897.7m | HK$857.1m | HK$935.6m | HK$916.2m | HK$983.3m | HK$960.7m | HK$953.9m |
Financial ratios
Data as of 5 Nov 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | 6.9% | 4.4% | 5.3% | 0.2% | 5.8% | 6.6% |
| Net margin | 3.1% | 1.9% | 2.9% | -1.6% | 3.1% | 4.3% |
| Return on equity | 12.0% | 6.7% | 9.5% | -4.5% | 9.1% | 11.0% |
| Return on assets | 4.4% | 2.5% | 3.6% | -1.7% | 3.6% | 3.7% |
| Free cash flow yield | 53.8% | 50.0% | 52.4% | 43.3% | 51.4% | 52.1% |
| Revenue growth | 7.5% | 2.5% | 20.1% | -15.7% | 13.4% | -14.0% |
| Earnings growth | 72.3% | -33.1% | -317.4% | -143.3% | -16.2% | 54.8% |
| Current ratio | 0.75x | 0.70x | 0.71x | 0.71x | 0.86x | 0.81x |
| Debt to equity | 0.41x | 0.39x | 0.39x | 0.38x | 0.37x | 0.07x |
| Equity ratio | 36.9% | 37.9% | 38.1% | 38.0% | 39.9% | 33.5% |
| Interest coverage | 3.30x | 3.87x | 3.10x | 0.12x | 3.34x | 2.90x |
| Buybacks as a share of market value | 3.4% | 0.0% | -0.0% | -0.2% | -0.1% | 19.2% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 9.7% | 4.5% | — |
| Operating income | — | 12.0% | — |
| Net income | — | -1.9% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Price to earnings | 9.9 | 12.5 | 9.1 | -28.2 | 13.7 | 12.4 | 26.4 |
| Price to sales | 0.3 | 0.3 | 0.3 | 0.5 | 0.4 | 0.5 | 0.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 7 years. Last went ex-dividend on 23 Sept 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Paid in the year | 0.11 | 0.06 | 0.059 | 0.075 | 0.089 | 0.031 | 0.032 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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