0.50
-1.00%
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$1.51bn
FY2016FY2025
Net income
HK$34.7m
FY2016FY2025
Free cash flow
HK$87.7m
FY2016FY2025
Shareholders' equity
HK$106.1m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$1.51bn | HK$1.63bn | HK$1.37bn | HK$196.5m | HK$44.6m | HK$249.8m | HK$1.73bn | HK$1.78bn | HK$1.62bn | HK$1.68bn |
| Gross profit | HK$325.2m | HK$373.2m | HK$339.8m | −HK$21.4m | −HK$111.4m | HK$30.3m | HK$312.5m | HK$315.3m | HK$291.8m | HK$263.9m |
| Operating income | HK$49.5m | HK$106.0m | HK$112.4m | −HK$99.0m | −HK$184.5m | −HK$156.0m | HK$18.8m | HK$27.7m | HK$25.8m | HK$9.5m |
| Net income | HK$34.7m | HK$70.7m | HK$71.7m | −HK$74.3m | −HK$155.6m | −HK$108.8m | HK$14.0m | HK$34.8m | HK$28.6m | HK$18.7m |
| Diluted earnings per share | 0.07 | 0.14 | 0.14 | -0.15 | -0.31 | -0.22 | 0.03 | 0.07 | 0.06 | 0.04 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$732.9m | HK$762.7m | HK$858.2m | HK$905.1m | HK$905.1m | HK$1.05bn | HK$1.09bn | HK$912.5m | HK$845.7m | HK$632.6m |
| Cash and short-term investments | HK$161.9m | HK$172.6m | HK$230.2m | HK$208.0m | HK$136.7m | HK$98.8m | HK$212.8m | HK$241.7m | HK$272.2m | HK$260.9m |
| Total liabilities | HK$628.3m | HK$666.4m | HK$813.1m | HK$884.6m | HK$782.8m | HK$801.9m | HK$738.9m | HK$554.3m | HK$506.7m | HK$308.9m |
| Debt | HK$373.4m | HK$407.5m | HK$544.2m | HK$720.3m | HK$468.0m | HK$694.9m | HK$440.7m | HK$269.6m | HK$250.9m | HK$53.3m |
| Shareholders' equity | HK$106.1m | HK$98.0m | HK$47.4m | HK$23.1m | HK$123.9m | HK$252.6m | HK$350.6m | HK$355.0m | HK$336.2m | HK$321.1m |
| Shares outstanding | 502m | 502m | 502m | 502m | 502m | 502m | 502m | 502m | 502m | 502m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | HK$94.5m | HK$132.8m | HK$231.1m | HK$68.6m | −HK$56.0m | −HK$216.8m | HK$124.5m | HK$55.0m | HK$46.9m | −HK$5.0m |
| Capital spending | −HK$6.8m | −HK$5.4m | −HK$9.6m | −HK$1.5m | −HK$2.7m | −HK$140.5m | −HK$155.4m | −HK$108.2m | −HK$212.0m | −HK$57.5m |
| Free cash flow | HK$87.7m | HK$127.4m | HK$221.5m | HK$67.1m | −HK$58.7m | −HK$357.3m | −HK$31.0m | −HK$53.1m | −HK$165.1m | −HK$62.5m |
| Dividends paid | −HK$30.1m | −HK$35.2m | — | — | — | — | −HK$20.1m | −HK$10.0m | −HK$20.1m | −HK$50.2m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$721.3m | HK$820.0m | HK$691.9m | HK$873.2m | HK$759.3m | HK$825.9m | HK$540.1m | HK$167.4m |
| Gross profit | HK$152.1m | HK$188.2m | HK$137.1m | HK$193.0m | HK$171.0m | HK$178.5m | HK$111.4m | HK$20.2m |
| Operating income | HK$32.1m | HK$46.0m | HK$3.6m | HK$51.7m | HK$54.3m | HK$78.1m | HK$39.6m | −HK$33.0m |
| Net income | HK$29.4m | HK$28.9m | HK$5.8m | HK$36.6m | HK$34.1m | HK$51.0m | HK$20.7m | −HK$17.5m |
| Diluted earnings per share | 0.06 | 0.06 | 0.01 | 0.07 | 0.07 | 0.10 | 0.04 | -0.03 |
| Cash from operations | — | HK$62.0m | HK$31.0m | HK$16.0m | HK$114.0m | HK$74.0m | HK$148.0m | HK$91.0m |
| Capital spending | — | −HK$3.0m | −HK$3.0m | −HK$2.0m | −HK$2.0m | −HK$6.0m | −HK$3.0m | — |
| Free cash flow | — | HK$59.0m | HK$28.0m | HK$14.0m | HK$112.0m | HK$68.0m | HK$145.0m | — |
| Total assets | HK$757.1m | HK$732.9m | HK$790.3m | HK$762.7m | HK$799.2m | HK$858.2m | HK$944.9m | HK$905.1m |
| Cash and short-term investments | HK$152.4m | HK$161.9m | HK$160.9m | HK$172.6m | HK$238.4m | HK$230.2m | HK$297.3m | HK$212.4m |
| Debt | HK$89.3m | HK$373.4m | HK$429.7m | HK$407.5m | HK$447.9m | HK$544.2m | HK$643.7m | HK$720.3m |
| Shareholders' equity | HK$118.3m | HK$106.1m | HK$93.6m | HK$98.0m | HK$61.4m | HK$47.4m | HK$29.5m | HK$23.1m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 97.4% | 43.3% | -2.0% |
| Operating income | — | — | -11.8% |
| Net income | — | — | -13.6% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 22.2% | 21.6% | 18.7% | 18.7% |
| Operating margin | 4.9% | 3.6% | -3.4% | 0.6% |
| Net margin | 3.4% | 2.2% | -3.2% | 0.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 7.2 | 4.4 | 4.3 | -6.4 | -1.3 | -1.9 | 17.8 | 8.5 | 24.1 | 42.0 |
| Price to sales | 0.2 | 0.2 | 0.2 | 2.4 | 4.5 | 0.8 | 0.1 | 0.2 | 0.4 | 0.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 1 years. Last went ex-dividend on 5 Feb 2025.
| FY2025 | FY2023 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|
| Paid in the year | 0.06 | 0.07 | 0.04 | 0.02 | 0.04 | 0.10 | 0.05 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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