D
0.16
—
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$3.00bn
FY2017FY2026
Net income
−HK$49.0m
FY2017FY2026
Free cash flow
—
FY2017FY2026
Shareholders' equity
HK$280.9m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$3.00bn | HK$5.36bn | HK$5.85bn | HK$5.03bn | HK$705.0m | HK$130.9m | HK$265.3m | HK$316.8m | HK$298.2m | HK$379.3m |
| Operating income | −HK$51.5m | −HK$14.2m | −HK$9.0m | −HK$6.2m | −HK$16.2m | −HK$31.0m | −HK$24.7m | −HK$16.8m | HK$5.7m | HK$13.6m |
| Net income | −HK$49.0m | −HK$13.1m | −HK$18.5m | HK$1.5m | −HK$9.0m | −HK$29.9m | −HK$101.2m | −HK$30.0m | −HK$75.7m | −HK$140.2m |
| Diluted earnings per share | -0.14 | -0.04 | -0.05 | 0.00 | -0.02 | -0.08 | -0.27 | -0.08 | -0.20 | -0.38 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$350.1m | HK$355.9m | HK$362.7m | HK$480.3m | HK$455.4m | HK$498.9m | HK$545.4m | HK$686.3m | HK$755.4m | HK$823.7m |
| Cash and short-term investments | HK$65.1m | HK$98.0m | HK$108.8m | HK$139.4m | HK$187.0m | HK$194.5m | HK$149.1m | HK$179.8m | HK$194.9m | HK$116.0m |
| Total liabilities | HK$62.3m | HK$25.6m | HK$26.3m | HK$128.0m | HK$102.4m | HK$133.1m | HK$178.9m | HK$204.2m | HK$223.0m | HK$245.1m |
| Debt | HK$2.9m | HK$3.8m | HK$1.7m | HK$16.2m | HK$47.0m | HK$82.7m | HK$129.0m | HK$117.3m | HK$111.8m | HK$106.6m |
| Shareholders' equity | HK$280.9m | HK$323.6m | HK$330.0m | HK$346.1m | HK$356.7m | HK$365.8m | HK$366.3m | HK$481.7m | HK$532.5m | HK$564.0m |
| Shares outstanding | 347m | 356m | 365m | 372m | 372m | 372m | 372m | 372m | 372m | 372m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | — | −HK$4.1m | −HK$26.3m | −HK$4.2m | −HK$409,000 | HK$87.7m | −HK$17.4m | −HK$14.3m | HK$26.0m | −HK$71.7m |
| Capital spending | — | −HK$8.8m | −HK$7.4m | −HK$14.0m | −HK$2.7m | −HK$5.2m | −HK$9.4m | −HK$19.4m | −HK$8.5m | −HK$17.7m |
| Free cash flow | — | −HK$12.9m | −HK$33.6m | −HK$18.2m | −HK$3.2m | HK$82.5m | −HK$26.8m | −HK$33.7m | HK$17.5m | −HK$89.5m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Jun 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$772.4m | HK$2.23bn | HK$1.11bn | HK$3.06bn | HK$1.53bn | HK$1.15bn | HK$1.15bn | HK$2.94bn |
| Operating income | −HK$46.3m | −HK$5.3m | −HK$2.6m | −HK$10.2m | −HK$4.2m | −HK$2.0m | −HK$2.0m | −HK$5.8m |
| Net income | −HK$36.6m | −HK$14.8m | −HK$7.4m | −HK$14.1m | −HK$7.1m | HK$490,500 | HK$490,500 | −HK$12.1m |
| Diluted earnings per share | -0.11 | -0.04 | -0.02 | -0.04 | -0.02 | 0.00 | 0.00 | -0.03 |
| Cash from operations | — | −HK$14.0m | −HK$14.0m | −HK$4.0m | — | −HK$6.0m | −HK$6.0m | −HK$26.0m |
| Total assets | HK$350.1m | HK$345.8m | HK$345.8m | HK$355.9m | HK$355.9m | HK$367.3m | HK$367.3m | HK$362.7m |
| Cash and short-term investments | HK$65.1m | HK$55.3m | HK$55.3m | HK$98.0m | HK$98.0m | HK$89.8m | HK$89.8m | HK$108.8m |
| Debt | HK$1.5m | HK$3.1m | HK$1.4m | HK$3.8m | HK$1.4m | HK$802,000 | HK$769,000 | HK$1.7m |
| Shareholders' equity | HK$280.9m | HK$307.6m | HK$307.6m | HK$323.6m | HK$323.6m | HK$331.1m | HK$331.1m | HK$330.0m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -15.9% | 87.0% | 23.4% |
| Operating income | 102.7% | 10.7% | — |
| Net income | — | 10.4% | -9.3% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -0.8% | -0.4% | -0.6% | -0.4% |
| Net margin | -0.7% | -0.4% | -0.6% | -2.7% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -1.1 | -3.7 | -3.0 | 49.2 | -12.5 | -5.0 | -1.1 | -5.2 | -2.8 | -3.2 |
| Price to sales | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | 1.1 | 0.4 | 0.5 | 0.7 | 1.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 20-to-1 reverse split · 28 Apr 2023
- 5-to-1 reverse split · 21 Jan 2010
- 10-to-1 reverse split · 6 Aug 2009
- 10-for-1 split · 21 Jan 2008
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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