C
0.09
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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$345.9m
FY2015FY2024
Net income
−HK$77.4m
FY2015FY2024
Free cash flow
−HK$18.9m
FY2015FY2024
Shareholders' equity
HK$1.22bn
FY2015FY2024
Income statement
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$345.9m | HK$495.7m | HK$665.6m | HK$885.5m | HK$781.5m | HK$807.9m | HK$831.9m | HK$1.23bn | HK$1.16bn | HK$1.10bn |
| Operating income | −HK$30.1m | −HK$53.2m | −HK$97.4m | −HK$53.8m | −HK$9.6m | −HK$33.6m | −HK$161.1m | HK$28.3m | HK$87.0m | HK$85.0m |
| Net income | −HK$77.4m | −HK$68.6m | −HK$94.1m | −HK$20.6m | −HK$94.2m | HK$234.8m | −HK$25.1m | HK$37.5m | HK$87.7m | HK$86.4m |
| Diluted earnings per share | -0.04 | -0.04 | -0.05 | -0.01 | -0.05 | 0.12 | -0.01 | 0.02 | 0.05 | 0.05 |
Balance sheet
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$1.72bn | HK$1.96bn | HK$2.30bn | HK$2.44bn | HK$2.40bn | HK$2.30bn | HK$2.30bn | HK$2.39bn | HK$2.08bn | HK$2.02bn |
| Cash and short-term investments | HK$286.7m | HK$260.4m | HK$387.3m | HK$461.6m | HK$508.1m | HK$465.4m | HK$295.9m | HK$382.8m | HK$365.0m | HK$437.9m |
| Total liabilities | HK$497.8m | HK$632.1m | HK$850.9m | HK$895.2m | HK$811.5m | HK$647.3m | HK$806.5m | HK$820.8m | HK$605.8m | HK$554.6m |
| Debt | HK$144.0m | HK$178.9m | HK$297.9m | HK$272.7m | HK$274.5m | HK$219.8m | HK$270.8m | HK$133.6m | HK$165.9m | HK$205.3m |
| Shareholders' equity | HK$1.22bn | HK$1.32bn | HK$1.45bn | HK$1.55bn | HK$1.58bn | HK$1.65bn | HK$1.49bn | HK$1.57bn | HK$1.48bn | HK$1.47bn |
| Shares outstanding | 1,904m | 1,904m | 1,904m | 1,904m | 1,904m | 1,904m | 1,904m | 1,904m | 1,904m | 1,902m |
Cash flow
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −HK$16.7m | HK$89.6m | −HK$17.4m | HK$38.5m | HK$25.5m | HK$106.1m | −HK$69.4m | −HK$124.4m | −HK$2.6m | HK$75.3m |
| Capital spending | −HK$2.2m | −HK$4.0m | −HK$23.2m | −HK$18.3m | −HK$26.7m | −HK$17.8m | −HK$30.1m | −HK$22.7m | −HK$63.9m | −HK$53.8m |
| Free cash flow | −HK$18.9m | HK$85.6m | −HK$40.6m | HK$20.2m | −HK$1.2m | HK$88.2m | −HK$99.5m | −HK$147.1m | −HK$66.5m | HK$21.5m |
| Dividends paid | — | −HK$38.1m | −HK$38.1m | −HK$38.1m | −HK$38.1m | −HK$19.0m | −HK$19.0m | −HK$19.0m | −HK$19.0m | −HK$22.8m |
Latest quarters
By quarter end
| Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | Jun 2022 | Dec 2021 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$119.0m | HK$184.8m | HK$161.1m | HK$239.4m | HK$256.3m | HK$345.6m | HK$319.9m | HK$452.8m |
| Operating income | −HK$13.4m | −HK$18.1m | −HK$11.4m | −HK$37.2m | −HK$14.4m | −HK$49.0m | −HK$56.4m | −HK$39.3m |
| Net income | −HK$36.6m | −HK$63.9m | −HK$13.5m | −HK$65.3m | −HK$3.3m | −HK$48.0m | −HK$46.1m | −HK$24.9m |
| Diluted earnings per share | -0.02 | -0.03 | -0.01 | -0.03 | -0.00 | -0.03 | -0.02 | -0.01 |
| Cash from operations | −HK$19.0m | HK$9.0m | −HK$26.0m | HK$78.0m | HK$11.0m | HK$57.0m | −HK$74.0m | HK$108.0m |
| Capital spending | — | −HK$2.0m | — | −HK$1.0m | −HK$2.0m | −HK$3.0m | −HK$19.0m | −HK$9.0m |
| Free cash flow | — | HK$7.0m | — | HK$77.0m | HK$9.0m | HK$54.0m | −HK$93.0m | HK$99.0m |
| Total assets | HK$1.69bn | HK$1.72bn | HK$1.84bn | HK$1.96bn | HK$2.13bn | HK$2.30bn | HK$2.22bn | HK$2.44bn |
| Cash and short-term investments | HK$311.7m | HK$286.7m | HK$287.8m | HK$260.4m | HK$321.3m | HK$387.3m | HK$342.9m | HK$461.6m |
| Debt | HK$51.2m | HK$140.5m | HK$166.2m | HK$175.3m | HK$267.5m | HK$294.3m | HK$290.5m | HK$270.0m |
| Shareholders' equity | HK$1.20bn | HK$1.22bn | HK$1.30bn | HK$1.32bn | HK$1.38bn | HK$1.45bn | HK$1.43bn | HK$1.55bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -26.9% | -15.6% | -13.5% |
| Operating income | -17.6% | -2.2% | — |
| Net income | 55.4% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -9.9% | -9.8% | -7.0% | -0.9% |
| Net margin | -17.3% | -10.9% | -3.0% | 2.2% |
Valuation history
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -5.8 | -9.0 | -7.5 | -36.9 | -7.3 | 3.0 | -23.9 | 19.3 | 13.7 | 6.6 |
| Price to sales | 1.3 | 1.3 | 1.1 | 0.9 | 0.9 | 0.9 | 0.7 | 0.6 | 1.0 | 0.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 8 Jun 2023.
| FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 |
- 1-to-1 reverse split · 21 May 2007
- 1.086-for-1 split · 7 Feb 1992
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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