0.12
+12.50%
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$48.0m
FY2015FY2024
Net income
−HK$31.1m
FY2015FY2024
Free cash flow
HK$7.1m
FY2015FY2024
Shareholders' equity
HK$221.3m
FY2015FY2024
Income statement
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$48.0m | HK$53.0m | HK$36.4m | HK$36.5m | HK$35.3m | HK$31.0m | HK$26.4m | HK$28.4m | HK$28.1m | HK$34.1m |
| Operating income | −HK$12.9m | −HK$7.4m | −HK$15.2m | −HK$14.7m | −HK$14.8m | −HK$16.9m | −HK$27.0m | HK$8.2m | −HK$23.8m | −HK$24.7m |
| Net income | −HK$31.1m | −HK$28.7m | −HK$27.3m | −HK$12.5m | −HK$24.1m | −HK$21.2m | −HK$12.9m | HK$10.8m | −HK$19.6m | −HK$19.1m |
| Diluted earnings per share | -0.10 | -0.09 | -0.08 | -0.04 | -0.07 | -0.07 | -0.04 | 0.03 | -0.08 | -0.06 |
Balance sheet
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$379.8m | HK$417.7m | HK$530.7m | HK$547.2m | HK$572.3m | HK$572.7m | HK$587.2m | HK$639.1m | HK$625.5m | HK$658.1m |
| Cash and short-term investments | HK$55.4m | HK$62.8m | HK$74.0m | HK$98.0m | HK$96.3m | HK$110.7m | HK$128.8m | HK$156.8m | HK$122.6m | HK$136.9m |
| Total liabilities | HK$158.5m | HK$165.4m | HK$250.1m | HK$239.3m | HK$252.5m | HK$227.1m | HK$226.4m | HK$264.7m | HK$266.3m | HK$280.9m |
| Debt | HK$133.3m | HK$140.8m | HK$219.9m | HK$211.6m | HK$223.1m | HK$213.3m | HK$206.2m | HK$243.8m | HK$246.2m | HK$247.9m |
| Shareholders' equity | HK$221.3m | HK$252.4m | HK$280.6m | HK$307.9m | HK$319.8m | HK$345.5m | HK$360.8m | HK$374.4m | HK$359.2m | HK$377.3m |
| Shares outstanding | 326m | 326m | 326m | 326m | 326m | 320m | 310m | 319m | 310m | 307m |
Cash flow
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | HK$7.2m | −HK$4.8m | −HK$11.7m | −HK$2.9m | HK$1.5m | −HK$114.9m | −HK$25.9m | HK$38.9m | −HK$28.5m | −HK$31.3m |
| Capital spending | −HK$64,000 | −HK$2.0m | −HK$2.5m | −HK$52,000 | −HK$383,000 | −HK$2.5m | −HK$28,000 | −HK$57,000 | −HK$328,000 | −HK$115,000 |
| Free cash flow | HK$7.1m | −HK$6.8m | −HK$14.2m | −HK$3.0m | HK$1.1m | −HK$117.4m | −HK$25.9m | HK$38.8m | −HK$28.8m | −HK$31.4m |
Latest quarters
By quarter end
| Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | Jun 2022 | Dec 2021 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$22.2m | HK$24.3m | HK$23.8m | HK$27.6m | HK$25.4m | HK$19.6m | HK$16.7m | HK$18.2m |
| Operating income | −HK$5.8m | −HK$7.2m | −HK$5.2m | −HK$2.1m | −HK$1.5m | HK$1.7m | −HK$7.2m | −HK$4.4m |
| Net income | HK$2.6m | −HK$7.0m | −HK$24.1m | −HK$6.4m | −HK$22.3m | −HK$12.4m | −HK$14.8m | −HK$12.2m |
| Diluted earnings per share | 0.01 | -0.02 | -0.07 | -0.02 | -0.07 | -0.04 | -0.05 | -0.04 |
| Total assets | HK$380.1m | HK$379.8m | HK$383.8m | HK$417.7m | HK$506.6m | HK$530.7m | HK$528.4m | HK$547.2m |
| Cash and short-term investments | HK$62.1m | HK$55.4m | HK$39.8m | HK$62.8m | HK$61.8m | HK$74.0m | HK$80.0m | HK$98.0m |
| Debt | HK$8.5m | HK$10.8m | HK$7.5m | HK$9.1m | HK$12.7m | HK$13.2m | HK$7.9m | HK$9.9m |
| Shareholders' equity | HK$223.8m | HK$221.3m | HK$228.3m | HK$252.4m | HK$258.9m | HK$280.6m | HK$293.7m | HK$307.9m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 9.6% | 9.1% | 4.1% |
| Operating income | -4.4% | -5.3% | -3.4% |
| Net income | 35.5% | 7.9% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -20.1% | -28.9% | -34.1% | -43.0% |
| Net margin | -59.2% | -57.2% | -60.3% | -44.0% |
Valuation history
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -1.3 | -0.9 | -1.3 | -3.8 | -2.1 | -3.6 | -9.6 | 20.1 | -12.3 | -14.9 |
| Price to sales | 0.8 | 0.5 | 1.0 | 1.3 | 1.4 | 2.5 | 4.7 | 7.7 | 8.6 | 8.4 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 8 Oct 1997.
- 20-to-1 reverse split · 9 Nov 2006
- 1-to-1 reverse split · 8 Jun 2001
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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