C 
0.07
-10.67%
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$47.8m
FY2016FY2025
Net income
HK$7.1m
FY2016FY2025
Free cash flow
HK$1.7m
FY2016FY2025
Shareholders' equity
HK$281.3m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$47.8m | HK$69.6m | HK$67.9m | HK$119.4m | HK$176.8m | HK$230.9m | HK$345.5m | HK$396.8m | HK$778.2m | HK$619.1m |
| Gross profit | HK$12.4m | HK$12.7m | HK$9.3m | HK$15.1m | HK$31.2m | HK$46.1m | HK$84.0m | HK$17.1m | HK$163.9m | HK$110.6m |
| Research and development | HK$2.7m | HK$822,000 | HK$1.9m | HK$2.8m | HK$4.9m | HK$5.6m | HK$6.4m | HK$10.1m | HK$14.0m | HK$11.2m |
| Operating income | −HK$8.3m | HK$287,000 | −HK$1.6m | −HK$160.3m | −HK$109.7m | −HK$89.7m | −HK$115.2m | −HK$179.7m | HK$63.6m | −HK$51.2m |
| Net income | HK$7.1m | HK$10.8m | HK$9.5m | −HK$134.3m | −HK$97.3m | −HK$243.4m | −HK$441.0m | −HK$410.3m | HK$10.5m | −HK$30.8m |
| Diluted earnings per share | 0.02 | 0.02 | 0.02 | -0.31 | -0.22 | -0.55 | -0.99 | -0.92 | 0.02 | -0.10 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$815.1m | HK$856.8m | HK$1.20bn | HK$1.25bn | HK$1.57bn | HK$1.72bn | HK$1.96bn | HK$2.49bn | HK$3.10bn | HK$2.53bn |
| Cash and short-term investments | HK$54.6m | HK$57.5m | HK$336.3m | HK$334.7m | HK$377.7m | HK$302.3m | HK$57.2m | HK$73.4m | HK$125.1m | HK$74.0m |
| Total liabilities | HK$519.8m | HK$572.7m | HK$926.3m | HK$963.2m | HK$1.14bn | HK$1.24bn | HK$1.29bn | HK$1.41bn | HK$1.41bn | HK$1.09bn |
| Debt | HK$60.6m | HK$69.6m | HK$76.1m | HK$80.6m | HK$92.7m | HK$196.5m | HK$8.3m | HK$456.5m | HK$570.0m | HK$446.7m |
| Shareholders' equity | HK$281.3m | HK$266.0m | HK$249.9m | HK$250.8m | HK$402.0m | HK$448.4m | HK$636.1m | HK$1.05bn | HK$1.63bn | HK$1.40bn |
| Shares outstanding | 451m | 452m | 440m | 440m | 445m | 446m | 446m | 446m | 446m | 317m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | HK$2.7m | −HK$23.0m | HK$4.1m | −HK$20.2m | −HK$53.4m | −HK$23.7m | −HK$32.9m | HK$107.0m | HK$58.6m | −HK$71.8m |
| Capital spending | −HK$941,000 | −HK$296,000 | — | −HK$978,000 | −HK$89,000 | −HK$958,000 | −HK$530,000 | −HK$5.9m | −HK$26.5m | −HK$25.2m |
| Free cash flow | HK$1.7m | −HK$23.2m | HK$4.1m | −HK$21.2m | −HK$53.5m | −HK$24.7m | −HK$33.4m | HK$101.1m | HK$32.1m | −HK$97.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$27.3m | HK$13.7m | HK$7.7m | HK$7.7m | HK$16.2m | HK$16.2m | HK$19.1m | HK$19.1m |
| Gross profit | HK$8.2m | HK$4.1m | HK$1.6m | HK$1.6m | HK$4.6m | HK$4.6m | HK$1.7m | HK$1.7m |
| Operating income | −HK$2.8m | −HK$1.4m | −HK$6.1m | HK$2.0m | −HK$2.1m | −HK$2.1m | −HK$1.9m | −HK$1.9m |
| Net income | −HK$603,500 | −HK$603,500 | HK$1.6m | HK$1.6m | HK$2.0m | HK$2.0m | HK$5.3m | HK$5.3m |
| Diluted earnings per share | -0.00 | -0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 |
| Cash from operations | −HK$4.0m | −HK$4.0m | — | — | −HK$4.0m | −HK$4.0m | −HK$6.0m | −HK$4.0m |
| Total assets | HK$821.4m | HK$821.4m | HK$815.1m | HK$815.1m | HK$834.2m | HK$834.2m | HK$856.8m | HK$856.8m |
| Cash and short-term investments | HK$43.0m | HK$40.5m | HK$54.6m | HK$46.7m | HK$50.8m | HK$50.8m | HK$57.5m | HK$57.5m |
| Debt | HK$6.6m | HK$6.6m | HK$60.6m | HK$10.8m | HK$64.2m | HK$11.5m | HK$69.6m | HK$13.1m |
| Shareholders' equity | HK$285.2m | HK$285.2m | HK$281.3m | HK$281.3m | HK$274.8m | HK$274.8m | HK$266.0m | HK$266.0m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -26.3% | -27.0% | -17.3% |
| Operating income | -62.7% | -37.8% | -21.1% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 21.4% | 16.3% | 17.8% | 19.6% |
| Operating margin | -6.9% | -55.7% | -51.8% | -23.4% |
| Net margin | 15.2% | -35.1% | -62.8% | -43.1% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 23.4 | 18.9 | 29.7 | -1.7 | -2.6 | -0.9 | -0.4 | -0.6 | 35.5 | -11.6 |
| Price to sales | 3.5 | 2.9 | 4.2 | 1.9 | 1.4 | 1.0 | 0.5 | 0.6 | 0.5 | 0.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 15 May 2014.
| FY2014 | FY2013 | |
|---|---|---|
| Paid in the year | 0.044 | 0.035 |
- 4-to-1 reverse split · 2 Feb 2010
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.