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Close of 6 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$92.6m
FY2015FY2024
Net income
−HK$42.9m
FY2015FY2024
Free cash flow
−HK$18.7m
FY2015FY2024
Shareholders' equity
HK$49.6m
FY2015FY2024
Income statement
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$92.6m | HK$124.3m | HK$301.3m | HK$528.4m | HK$207.0m | HK$166.6m | HK$254.1m | HK$371.5m | HK$1.15bn | HK$1.27bn |
| Gross profit | HK$10.7m | HK$15.3m | HK$69.7m | HK$17.6m | HK$17.1m | −HK$295,000 | −HK$14.4m | −HK$53.8m | HK$112.7m | HK$96.8m |
| Research and development | HK$1.2m | HK$938,000 | HK$996,000 | HK$1.3m | HK$1.4m | HK$2.0m | HK$3.4m | HK$2.6m | HK$6.6m | HK$9.3m |
| Operating income | −HK$24.0m | −HK$31.4m | HK$17.8m | −HK$24.8m | −HK$19.8m | −HK$37.6m | −HK$56.1m | −HK$97.2m | HK$51.9m | HK$34.2m |
| Net income | −HK$42.9m | −HK$19.1m | HK$4.0m | −HK$43.9m | −HK$16.9m | −HK$34.1m | −HK$55.8m | −HK$98.3m | HK$90.7m | HK$27.7m |
| Diluted earnings per share | -0.03 | -0.01 | 0.00 | -0.03 | -0.01 | -0.02 | -0.04 | -0.07 | 0.06 | 0.02 |
Balance sheet
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$58.4m | HK$116.1m | HK$153.8m | HK$195.8m | HK$219.9m | HK$203.7m | HK$240.8m | HK$298.4m | HK$502.1m | HK$496.0m |
| Cash and short-term investments | HK$41.0m | HK$47.4m | HK$85.7m | HK$88.5m | HK$76.4m | HK$70.3m | HK$71.2m | HK$88.0m | HK$174.1m | HK$145.7m |
| Total liabilities | HK$8.8m | HK$23.8m | HK$42.5m | HK$88.4m | HK$68.6m | HK$34.7m | HK$36.8m | HK$38.3m | HK$152.2m | HK$231.5m |
| Debt | HK$4.7m | HK$7.9m | HK$9.6m | HK$11.5m | HK$11.6m | HK$13.8m | HK$9.0m | — | — | HK$31.2m |
| Shareholders' equity | HK$49.6m | HK$92.3m | HK$111.2m | HK$107.3m | HK$151.4m | HK$168.9m | HK$204.0m | HK$260.0m | HK$350.0m | HK$264.5m |
| Shares outstanding | 1,484m | 1,484m | 1,484m | 1,484m | 1,484m | 1,484m | 1,484m | 1,484m | 1,484m | 1,484m |
Cash flow
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −HK$18.0m | −HK$33.7m | HK$2.9m | HK$11.2m | HK$11.4m | HK$2.0m | −HK$34.2m | −HK$82.7m | HK$55.0m | HK$68.0m |
| Capital spending | −HK$677,000 | −HK$144,000 | — | −HK$91,000 | −HK$33,000 | −HK$2.4m | −HK$2.2m | −HK$1.6m | −HK$1.8m | −HK$2.1m |
| Free cash flow | −HK$18.7m | −HK$33.8m | HK$2.9m | HK$11.1m | HK$11.4m | −HK$338,000 | −HK$36.4m | −HK$84.3m | HK$53.2m | HK$65.9m |
| Dividends paid | — | — | — | — | — | — | — | −HK$14.8m | −HK$7.4m | −HK$7.4m |
Latest quarters
By quarter end
| Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Sept 2023 | Jun 2023 | Mar 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$49.5m | HK$40.1m | HK$52.5m | HK$30.7m | HK$27.1m | HK$29.8m | HK$36.7m | HK$44.0m |
| Gross profit | HK$9.0m | HK$4.2m | HK$6.5m | HK$2.2m | HK$3.1m | HK$3.8m | HK$6.2m | HK$8.9m |
| Operating income | −HK$6.3m | −HK$11.1m | −HK$12.9m | −HK$11.9m | −HK$7.4m | −HK$7.5m | −HK$4.6m | −HK$3.7m |
| Net income | −HK$12.6m | −HK$45.2m | HK$2.3m | −HK$7.8m | −HK$7.4m | HK$826,000 | −HK$4.7m | −HK$2.2m |
| Diluted earnings per share | -0.01 | -0.03 | 0.00 | -0.01 | -0.01 | 0.00 | -0.00 | -0.00 |
| Cash from operations | −HK$8.0m | −HK$11.0m | −HK$6.0m | −HK$22.0m | — | −HK$11.0m | — | HK$16.0m |
| Total assets | HK$51.4m | HK$58.4m | HK$115.8m | HK$116.1m | — | HK$144.6m | — | HK$153.8m |
| Cash and short-term investments | HK$24.7m | HK$41.0m | HK$37.2m | HK$47.4m | — | HK$71.9m | — | HK$85.7m |
| Debt | HK$2.7m | HK$3.1m | HK$3.6m | HK$4.4m | — | HK$6.1m | — | HK$5.7m |
| Shareholders' equity | HK$36.6m | HK$49.6m | HK$94.6m | HK$92.3m | — | HK$107.8m | — | HK$111.2m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -44.0% | -11.1% | -23.2% |
| Operating income | -1.0% | -8.6% | — |
| Net income | -0.7% | 4.7% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 12.0% | 10.8% | 9.2% | 6.3% |
| Operating margin | -25.5% | -6.0% | -8.4% | -2.6% |
| Net margin | -28.6% | -9.7% | -10.8% | -2.8% |
Valuation history
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -0.6 | -2.2 | 30.2 | -5.6 | -11.2 | -5.0 | -3.5 | -3.2 | 6.8 | 31.4 |
| Price to sales | 0.3 | 0.3 | 0.4 | 0.5 | 0.9 | 1.0 | 0.8 | 0.8 | 0.5 | 0.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 11 May 2017.
| FY2017 | FY2016 | FY2015 | FY2014 | |
|---|---|---|---|---|
| Paid in the year | 0.01 | 0.005 | 0.005 | 0.015 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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