D
3.38
+14.19%
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$929.9m
FY2017FY2026
Net income
HK$15.7m
FY2017FY2026
Free cash flow
−HK$34.3m
FY2017FY2026
Shareholders' equity
HK$335.3m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$929.9m | HK$1.31bn | HK$945.9m | HK$786.2m | HK$613.6m | HK$922.9m | HK$509.3m | HK$458.2m | HK$805.7m | HK$593.6m |
| Gross profit | HK$57.0m | HK$48.3m | HK$39.5m | HK$24.2m | HK$18.6m | −HK$13.3m | HK$4.4m | HK$32.4m | HK$97.1m | HK$71.5m |
| Operating income | HK$7.7m | HK$11.7m | HK$8.0m | HK$9.2m | HK$752,000 | −HK$20.0m | −HK$17.4m | HK$12.6m | HK$75.8m | HK$60.6m |
| Net income | HK$15.7m | HK$9.0m | HK$4.2m | HK$7.9m | HK$7.4m | −HK$20.1m | −HK$20.1m | HK$9.8m | HK$51.0m | HK$47.3m |
| Diluted earnings per share | 0.05 | 0.03 | 0.00 | 0.01 | 0.01 | -0.02 | -0.02 | 0.01 | 0.04 | 0.05 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$525.6m | HK$516.0m | HK$419.2m | HK$308.0m | HK$302.7m | HK$302.1m | HK$352.1m | HK$330.3m | HK$330.2m | HK$167.3m |
| Cash and short-term investments | HK$80.8m | HK$92.7m | HK$100.0m | HK$96.3m | HK$120.4m | HK$60.7m | HK$72.0m | HK$111.4m | HK$137.1m | HK$39.3m |
| Total liabilities | HK$198.1m | HK$198.2m | HK$151.3m | HK$44.7m | HK$47.4m | HK$54.2m | HK$84.0m | HK$42.1m | HK$51.9m | HK$48.9m |
| Debt | HK$72.9m | HK$38.2m | HK$61.8m | HK$3.4m | HK$7.1m | HK$11.9m | HK$18.9m | HK$5.8m | HK$4.7m | HK$7.9m |
| Shareholders' equity | HK$335.3m | HK$319.0m | HK$267.5m | HK$263.3m | HK$255.4m | HK$247.9m | HK$268.0m | HK$288.1m | HK$278.3m | HK$118.4m |
| Shares outstanding | 288m | 288m | 1,200m | 1,200m | 1,200m | 1,200m | 1,200m | 1,200m | 1,200m | 943m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −HK$9.0m | −HK$46.7m | −HK$14.3m | −HK$8.7m | HK$78.6m | −HK$2.0m | −HK$48.6m | HK$38.0m | HK$24.3m | HK$81.1m |
| Capital spending | −HK$25.4m | −HK$2.3m | −HK$4.2m | −HK$9.9m | −HK$15.6m | −HK$3.3m | −HK$28.0m | −HK$48.6m | −HK$20.1m | −HK$7.5m |
| Free cash flow | −HK$34.3m | −HK$48.9m | −HK$18.4m | −HK$18.6m | HK$63.0m | −HK$5.4m | −HK$76.6m | −HK$10.6m | HK$4.2m | HK$73.7m |
| Dividends paid | — | — | — | — | — | — | — | — | — | −HK$46.7m |
Latest quarters
By quarter end
| Mar 2026 | Sept 2025 | Mar 2025 | Sept 2024 | Mar 2024 | Sept 2023 | Jun 2023 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$443.6m | HK$486.3m | HK$842.3m | HK$471.8m | HK$614.5m | HK$331.3m | HK$165.7m | HK$460.9m |
| Gross profit | HK$31.6m | HK$27.2m | HK$23.0m | HK$23.9m | HK$16.2m | HK$22.7m | HK$11.6m | HK$8.1m |
| Operating income | HK$5.7m | HK$3.8m | HK$3.6m | HK$9.3m | −HK$37,000 | HK$8.7m | HK$4.3m | −HK$3.1m |
| Net income | HK$10.3m | HK$5.3m | HK$3.1m | HK$5.9m | −HK$1.2m | HK$5.4m | HK$2.7m | HK$2.9m |
| Diluted earnings per share | 0.04 | 0.02 | 0.01 | 0.00 | -0.00 | 0.00 | 0.00 | 0.00 |
| Cash from operations | −HK$24.0m | HK$14.0m | HK$27.0m | −HK$75.0m | −HK$26.0m | HK$11.0m | — | −HK$46.0m |
| Capital spending | — | −HK$16.0m | −HK$1.0m | — | −HK$4.0m | — | — | — |
| Free cash flow | — | −HK$2.0m | HK$26.0m | — | −HK$30.0m | — | — | — |
| Total assets | HK$525.6m | HK$480.9m | HK$516.0m | HK$384.6m | HK$419.2m | HK$318.4m | HK$318.4m | HK$308.0m |
| Cash and short-term investments | HK$80.8m | HK$71.3m | HK$92.7m | HK$29.1m | HK$100.0m | HK$112.4m | HK$79.6m | HK$96.3m |
| Debt | HK$63.4m | HK$35.9m | HK$38.2m | HK$55.5m | HK$61.8m | HK$6.9m | HK$2.2m | HK$3.4m |
| Shareholders' equity | HK$335.3m | HK$324.5m | HK$319.0m | HK$288.7m | HK$267.5m | HK$268.7m | HK$269.0m | HK$263.3m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 5.8% | 0.2% | 4.2% |
| Operating income | -5.8% | — | -17.6% |
| Net income | 25.5% | — | -9.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 4.7% | 4.2% | 3.2% | 5.2% |
| Operating margin | 0.9% | 0.9% | 0.3% | 2.4% |
| Net margin | 1.1% | 0.9% | 0.4% | 1.8% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 54.0 | 95.0 | 200.6 | 63.0 | 120.1 | -43.0 | -27.6 | 95.0 | 22.2 |
| Price to sales | 0.9 | 0.7 | 0.9 | 0.6 | 1.4 | 0.9 | 1.1 | 2.0 | 1.4 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 10-to-1 reverse split · 14 Nov 2024
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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