S 
0.68
-0.74%
Close of 5 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$897.9m
FY2017FY2026
Net income
−HK$4.8m
FY2017FY2026
Free cash flow
HK$12.9m
FY2017FY2026
Shareholders' equity
HK$714.3m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$897.9m | HK$840.0m | HK$1.09bn | HK$1.23bn | HK$1.56bn | HK$1.79bn | HK$1.36bn | HK$2.42bn | HK$2.61bn | HK$2.23bn |
| Gross profit | HK$101.9m | HK$49.6m | HK$104.6m | HK$99.1m | HK$137.2m | HK$144.5m | HK$106.4m | HK$126.5m | HK$245.5m | HK$269.8m |
| Operating income | −HK$257,000 | −HK$45.9m | −HK$10.2m | −HK$6.3m | HK$13.5m | −HK$5.5m | −HK$35.6m | −HK$69.3m | HK$37.3m | HK$66.9m |
| Net income | −HK$4.8m | −HK$52.0m | −HK$14.3m | −HK$13.9m | HK$9.0m | −HK$26.4m | −HK$56.5m | −HK$95.4m | HK$6.4m | HK$26.1m |
| Diluted earnings per share | -0.06 | -0.66 | -0.18 | -0.18 | 0.11 | -0.34 | -0.72 | -1.21 | 0.08 | 0.33 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$769.8m | HK$770.9m | HK$843.4m | HK$901.3m | HK$961.2m | HK$982.8m | HK$1.05bn | HK$1.08bn | HK$1.33bn | HK$1.29bn |
| Cash and short-term investments | HK$449.8m | HK$419.4m | HK$492.9m | HK$523.3m | HK$529.3m | HK$538.0m | HK$479.0m | HK$512.5m | HK$634.4m | HK$661.8m |
| Total liabilities | HK$74.1m | HK$81.3m | HK$87.3m | HK$125.6m | HK$141.2m | HK$174.5m | HK$234.9m | HK$200.8m | HK$335.7m | HK$359.5m |
| Debt | HK$15.3m | HK$13.3m | HK$9.5m | HK$5.4m | HK$6.6m | HK$11.5m | HK$88.1m | −HK$20.1m | HK$137.9m | HK$139.7m |
| Shareholders' equity | HK$714.3m | HK$714.7m | HK$770.0m | HK$789.6m | HK$807.4m | HK$800.3m | HK$818.8m | HK$861.0m | HK$960.2m | HK$921.5m |
| Shares outstanding | 79m | 79m | 79m | 79m | 79m | 79m | 79m | 79m | 79m | 79m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | HK$22.3m | −HK$25.0m | −HK$5.5m | HK$41.1m | −HK$5.7m | HK$47.3m | HK$64.5m | HK$30.3m | −HK$16.9m | −HK$48.2m |
| Capital spending | −HK$9.4m | −HK$1.1m | −HK$5.7m | −HK$18.0m | −HK$12.4m | −HK$2.7m | −HK$5.8m | −HK$13.0m | −HK$8.1m | −HK$70.3m |
| Free cash flow | HK$12.9m | −HK$26.2m | −HK$11.2m | HK$23.1m | −HK$18.1m | HK$44.6m | HK$58.7m | HK$17.3m | −HK$25.0m | −HK$118.5m |
Latest quarters
By quarter end
| Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Jun 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$460.6m | HK$230.3m | HK$218.7m | HK$218.7m | HK$431.8m | HK$215.9m | HK$204.1m | HK$204.1m |
| Gross profit | HK$43.2m | HK$21.6m | HK$29.3m | HK$29.3m | HK$33.6m | HK$16.8m | HK$8.0m | HK$8.0m |
| Operating income | −HK$15.6m | −HK$8.7m | HK$10.1m | HK$10.1m | −HK$18.2m | −HK$6.6m | −HK$16.3m | −HK$16.3m |
| Net income | −HK$21.6m | −HK$10.8m | HK$8.4m | HK$8.4m | −HK$15.6m | −HK$7.8m | −HK$18.2m | −HK$18.2m |
| Diluted earnings per share | -0.27 | -0.14 | 0.11 | 0.11 | -0.20 | -0.10 | -0.23 | -0.23 |
| Cash from operations | −HK$1.0m | −HK$1.0m | HK$10.0m | HK$10.0m | HK$7.0m | HK$7.0m | −HK$19.0m | −HK$19.0m |
| Capital spending | −HK$4.0m | −HK$4.0m | — | — | — | — | — | — |
| Free cash flow | −HK$5.0m | −HK$5.0m | — | — | — | — | — | — |
| Total assets | HK$769.8m | HK$769.8m | HK$792.1m | HK$792.1m | HK$770.9m | HK$770.9m | HK$782.0m | HK$782.0m |
| Cash and short-term investments | HK$449.8m | HK$453.3m | HK$452.2m | HK$452.2m | HK$419.4m | HK$416.2m | HK$420.2m | HK$420.2m |
| Debt | HK$7.3m | HK$7.3m | HK$11.5m | HK$6.9m | HK$13.3m | HK$8.5m | HK$5.9m | HK$4.6m |
| Shareholders' equity | HK$714.3m | HK$714.3m | HK$735.1m | HK$735.1m | HK$714.7m | HK$714.7m | HK$735.3m | HK$735.3m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -10.0% | -12.9% | -6.1% |
| Operating income | -65.6% | -45.8% | — |
| Net income | -29.7% | -28.8% | 2.6% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 8.7% | 8.7% | 8.6% | 8.9% |
| Operating margin | -2.7% | -1.5% | -0.7% | -0.2% |
| Net margin | -3.3% | -2.1% | -1.4% | -1.3% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -11.0 | -1.0 | -2.6 | -3.5 | 7.0 | -4.5 | -1.4 | -0.7 | 29.4 | 15.2 |
| Price to sales | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 | 0.1 | 0.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 19 Jul 2005.
| FY2006 | FY2005 | |
|---|---|---|
| Paid in the year | 352.00 | 512.00 |
- 10-to-1 reverse split · 13 Nov 2020
- 8-to-1 reverse split · 11 Jun 2019
- 2-to-1 reverse split · 23 Sept 2016
- 10-to-1 reverse split · 2 Nov 2010
- 20-to-1 reverse split · 12 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.