I 
0.60
-1.64%
Close of 9 Nov 2026, in HKD
Search any instrument
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$49.8m
FY2016FY2025
Net income
−HK$8.9m
FY2016FY2025
Free cash flow
−HK$4.1m
FY2016FY2025
Shareholders' equity
HK$41.7m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$49.8m | HK$58.5m | HK$71.9m | HK$57.8m | HK$71.2m | HK$77.8m | HK$131.8m | HK$156.6m | HK$152.7m | HK$140.0m |
| Gross profit | HK$7.7m | HK$14.9m | HK$14.9m | HK$8.2m | HK$6.6m | HK$4.0m | −HK$2.4m | −HK$39.3m | HK$556,000 | HK$5.8m |
| Operating income | −HK$8.4m | −HK$1.8m | −HK$1.1m | −HK$14.8m | −HK$8.3m | −HK$29.7m | −HK$11.0m | −HK$80.7m | −HK$26.3m | −HK$15.9m |
| Net income | −HK$8.9m | −HK$1.2m | −HK$1.5m | −HK$15.3m | −HK$5.2m | −HK$25.7m | −HK$3.9m | −HK$138.3m | −HK$46.1m | −HK$47.3m |
| Diluted earnings per share | -0.01 | -0.00 | -0.00 | -0.02 | -0.01 | -0.28 | -0.00 | -0.18 | -0.07 | -0.07 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$57.6m | HK$60.8m | HK$64.5m | HK$65.3m | HK$80.7m | HK$148.0m | HK$110.5m | HK$134.8m | HK$231.2m | HK$220.5m |
| Cash and short-term investments | HK$11.9m | HK$17.0m | HK$13.2m | HK$6.8m | HK$18.0m | HK$19.6m | HK$47.7m | HK$57.9m | HK$71.1m | HK$48.6m |
| Total liabilities | HK$15.8m | HK$9.6m | HK$11.8m | HK$12.6m | HK$13.0m | HK$83.9m | HK$17.7m | HK$35.6m | HK$67.4m | HK$72.2m |
| Debt | HK$2.1m | HK$762,000 | HK$3.7m | HK$5.9m | HK$8.4m | HK$70.5m | — | HK$26.0m | HK$30.0m | HK$19.5m |
| Shareholders' equity | HK$41.7m | HK$51.2m | HK$52.7m | HK$52.8m | HK$67.8m | HK$64.1m | HK$92.7m | HK$99.2m | HK$163.9m | HK$148.3m |
| Shares outstanding | 802m | 799m | 793m | 790m | 780m | 93m | 864m | 784m | 700m | 636m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −HK$3.4m | HK$4.8m | HK$7.4m | −HK$10.2m | HK$47.4m | −HK$85.1m | HK$1.4m | −HK$98.9m | −HK$39.7m | −HK$17.0m |
| Capital spending | −HK$730,000 | — | −HK$988,000 | −HK$204,000 | −HK$116,000 | −HK$1.5m | −HK$1.3m | −HK$1.4m | −HK$3.0m | −HK$16.0m |
| Free cash flow | −HK$4.1m | HK$4.8m | HK$6.4m | −HK$10.5m | HK$47.3m | −HK$86.6m | HK$69,000 | −HK$100.3m | −HK$42.7m | −HK$33.1m |
Latest quarters
By quarter end
| Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Sept 2023 | Jun 2023 | Mar 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$20.9m | HK$28.9m | HK$58.5m | HK$18.0m | HK$6.1m | HK$18.2m | HK$19.2m | HK$16.4m |
| Gross profit | HK$3.0m | HK$4.6m | HK$14.9m | HK$3.9m | HK$935,000 | HK$3.9m | HK$5.2m | HK$4.2m |
| Operating income | −HK$5.6m | −HK$2.1m | −HK$1.0m | −HK$386,000 | −HK$2.4m | −HK$136,000 | HK$823,000 | HK$560,000 |
| Net income | −HK$6.8m | −HK$2.1m | −HK$1.2m | −HK$435,000 | −HK$2.4m | −HK$205,000 | HK$741,000 | HK$432,000 |
| Diluted earnings per share | -0.01 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.00 | 0.00 |
| Cash from operations | HK$1.0m | −HK$5.0m | HK$3.0m | — | — | HK$8.0m | — | −HK$1.0m |
| Total assets | HK$57.6m | HK$70.5m | HK$60.8m | HK$61.9m | — | HK$64.5m | — | HK$69.7m |
| Cash and short-term investments | HK$11.9m | HK$10.7m | HK$17.0m | HK$12.3m | — | HK$13.2m | — | HK$4.2m |
| Debt | HK$916,000 | — | — | HK$246,000 | — | HK$764,000 | — | HK$3.0m |
| Shareholders' equity | HK$41.7m | HK$49.1m | HK$51.2m | HK$49.4m | — | HK$52.7m | — | HK$51.3m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -4.9% | -8.5% | -8.5% |
| Operating income | -17.2% | -22.4% | -2.7% |
| Net income | -16.4% | -19.1% | -28.2% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 20.9% | 19.2% | 14.5% | 4.0% |
| Operating margin | -9.4% | -11.0% | -16.6% | -19.2% |
| Net margin | -9.3% | -11.3% | -14.9% | -49.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -63.0 | -156.4 | -127.3 | -15.8 | -61.1 | -1.7 | -54.4 | -0.8 | -4.4 | -5.1 |
| Price to sales | 11.3 | 3.2 | 2.6 | 4.2 | 4.4 | 0.6 | 1.6 | 0.7 | 1.3 | 1.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 10-to-1 reverse split · 7 Aug 2020
- 1.847-for-1 split · 26 Jun 2015
- 5-to-1 reverse split · 24 Apr 2014
- 5-to-1 reverse split · 1 Jun 2009
- 1.836-for-1 split · 11 Mar 2008
- 1-to-1 reverse split · 2 May 2002
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.