H
0.53
+11.70%
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$143.4m
FY2016FY2025
Net income
HK$1.7m
FY2016FY2025
Free cash flow
−HK$2.2m
FY2016FY2025
Shareholders' equity
HK$14.4m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$143.4m | HK$138.7m | HK$185.7m | HK$272.6m | HK$204.5m | HK$139.3m | HK$198.1m | HK$182.5m | HK$174.8m | HK$151.9m |
| Gross profit | HK$40.8m | HK$41.1m | HK$43.3m | HK$56.2m | HK$56.8m | HK$33.1m | HK$50.3m | HK$54.6m | HK$51.0m | HK$48.4m |
| Operating income | HK$3.7m | −HK$688,000 | −HK$9.1m | −HK$6.5m | HK$2.3m | −HK$21.3m | −HK$8.1m | −HK$817,000 | HK$11.8m | HK$11.3m |
| Net income | HK$1.7m | −HK$19.2m | −HK$19.8m | −HK$10.6m | −HK$2.5m | −HK$26.2m | −HK$14.5m | −HK$7.1m | HK$4.0m | HK$4.1m |
| Diluted earnings per share | 0.01 | -0.09 | -0.12 | -0.07 | -0.02 | -0.03 | -0.15 | -0.07 | 0.04 | 0.02 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$113.9m | HK$153.3m | HK$202.6m | HK$245.7m | HK$221.1m | HK$210.3m | HK$199.6m | HK$202.0m | HK$184.0m | HK$181.0m |
| Cash and short-term investments | HK$27.4m | HK$36.3m | HK$94.2m | HK$94.7m | HK$78.2m | HK$36.0m | HK$40.9m | HK$61.4m | HK$26.1m | HK$26.9m |
| Total liabilities | HK$100.3m | HK$141.7m | HK$184.8m | HK$207.0m | HK$182.2m | HK$170.5m | HK$136.6m | HK$124.9m | HK$152.1m | HK$153.6m |
| Debt | HK$41.1m | HK$59.4m | HK$122.8m | HK$106.5m | HK$114.1m | HK$106.0m | HK$48.2m | HK$44.8m | HK$39.2m | HK$79.3m |
| Shareholders' equity | HK$14.4m | HK$12.5m | HK$18.7m | HK$39.4m | HK$39.2m | HK$39.8m | HK$63.0m | HK$77.1m | HK$31.9m | HK$27.4m |
| Shares outstanding | 248m | 220m | 165m | 149m | 150m | 1,000m | 99m | 99m | 99m | 248m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −HK$1.8m | −HK$17.8m | −HK$6.9m | HK$18.3m | −HK$1.4m | −HK$602,000 | −HK$25.2m | HK$25.8m | −HK$4.9m | HK$4.0m |
| Capital spending | −HK$432,000 | −HK$1.1m | −HK$252,000 | −HK$2.5m | −HK$2.8m | −HK$17.6m | −HK$5.1m | −HK$3.2m | −HK$4.1m | −HK$647,000 |
| Free cash flow | −HK$2.2m | −HK$18.9m | −HK$7.2m | HK$15.8m | −HK$4.2m | −HK$18.2m | −HK$30.4m | HK$22.6m | −HK$9.0m | HK$3.4m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$83.5m | HK$41.7m | HK$44.7m | HK$44.7m | HK$27.0m | HK$27.0m | HK$43.4m | HK$43.4m |
| Gross profit | HK$21.9m | HK$11.0m | HK$11.2m | HK$11.2m | HK$9.2m | HK$9.2m | HK$11.9m | HK$11.9m |
| Operating income | HK$2.8m | HK$1.4m | HK$2.5m | HK$2.5m | −HK$693,500 | −HK$693,500 | HK$2.5m | HK$2.5m |
| Net income | HK$2.0m | HK$1.0m | HK$296,000 | HK$296,000 | HK$530,000 | HK$530,000 | −HK$5.1m | −HK$5.1m |
| Diluted earnings per share | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.02 | -0.02 |
| Cash from operations | — | — | — | — | — | — | HK$5.0m | HK$5.0m |
| Total assets | HK$142.2m | HK$142.2m | HK$113.9m | HK$113.9m | HK$118.8m | HK$118.8m | HK$153.3m | HK$153.3m |
| Cash and short-term investments | HK$34.2m | HK$34.2m | HK$27.4m | HK$8.0m | HK$27.0m | HK$27.1m | HK$36.3m | HK$36.3m |
| Debt | HK$44.3m | HK$32.7m | HK$41.1m | HK$33.6m | HK$55.8m | HK$55.8m | HK$59.4m | HK$59.4m |
| Shareholders' equity | HK$22.0m | HK$22.0m | HK$14.4m | HK$14.4m | HK$8.5m | HK$8.5m | HK$12.5m | HK$12.5m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -19.4% | 0.2% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 29.0% | 24.5% | 25.0% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Price to earnings | 14.7 | -0.8 | -0.6 | -1.3 | -3.2 | -5.0 | -2.4 | -4.9 |
| Price to sales | 0.2 | 0.1 | 0.1 | 0.1 | 0.0 | 1.0 | 0.2 | 0.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 10-to-1 reverse split · 19 Nov 2021
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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