C
0.06
+1.79%
Close of 3 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$36.4m
FY2017FY2026
Net income
−HK$1.1m
FY2017FY2026
Free cash flow
−HK$3.2m
FY2017FY2026
Shareholders' equity
HK$3.9m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$36.4m | HK$47.9m | HK$54.6m | HK$81.0m | HK$56.9m | HK$62.0m | HK$41.1m | HK$36.9m | HK$111.8m | HK$146.2m |
| Operating income | −HK$263,000 | HK$13.3m | −HK$18.6m | −HK$13.7m | −HK$24.0m | −HK$23.7m | −HK$35.4m | −HK$46.6m | −HK$30.2m | −HK$6.8m |
| Net income | −HK$1.1m | HK$10.2m | −HK$16.9m | −HK$16.3m | −HK$35.5m | −HK$17.0m | −HK$38.8m | −HK$85.2m | −HK$74.7m | HK$6.2m |
| Diluted earnings per share | -0.00 | 0.02 | -0.03 | -0.03 | -0.06 | -0.03 | -0.13 | -0.34 | -0.44 | 0.03 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$24.5m | HK$20.4m | HK$42.4m | HK$74.7m | HK$101.1m | HK$115.7m | HK$58.0m | HK$61.5m | HK$95.4m | HK$173.1m |
| Cash and short-term investments | HK$1.9m | HK$6.0m | HK$9.7m | HK$40.9m | HK$70.0m | HK$85.0m | HK$16.4m | HK$44.4m | HK$10.8m | HK$30.5m |
| Total liabilities | HK$24.8m | HK$20.8m | HK$54.8m | HK$64.9m | HK$70.2m | HK$119.0m | HK$64.3m | HK$36.0m | HK$34.6m | HK$40.1m |
| Debt | HK$7.8m | HK$7.2m | HK$28.3m | HK$40.1m | HK$48.7m | HK$97.5m | HK$29.9m | HK$22.9m | HK$21.4m | HK$41.1m |
| Shareholders' equity | HK$3.9m | HK$2.8m | −HK$6.1m | HK$12.8m | HK$33.8m | −HK$3.3m | −HK$7.2m | HK$27.3m | HK$59.2m | HK$125.1m |
| Shares outstanding | 585m | 581m | 581m | 581m | 581m | 581m | 301m | 249m | 168m | 178m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −HK$3.2m | −HK$12.7m | −HK$16.1m | −HK$14.8m | −HK$14.7m | −HK$17.8m | −HK$31.2m | −HK$21.9m | −HK$19.2m | −HK$762,000 |
| Capital spending | — | −HK$371,000 | −HK$4.5m | −HK$664,000 | −HK$459,000 | −HK$459,000 | −HK$21,000 | −HK$62,000 | −HK$5.1m | −HK$27.4m |
| Free cash flow | −HK$3.2m | −HK$13.1m | −HK$20.7m | −HK$15.4m | −HK$15.2m | −HK$18.3m | −HK$31.2m | −HK$21.9m | −HK$24.3m | −HK$28.1m |
Latest quarters
By quarter end
| Mar 2026 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Jun 2024 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$18.8m | HK$17.5m | HK$8.8m | HK$25.4m | HK$12.7m | HK$11.2m | HK$11.2m | HK$6.6m |
| Operating income | −HK$1.4m | HK$1.2m | HK$597,000 | HK$412,000 | HK$1.3m | HK$4.6m | HK$4.6m | −HK$9.3m |
| Net income | −HK$2.1m | HK$958,000 | HK$479,000 | HK$4.0m | HK$2.0m | HK$3.1m | HK$3.1m | −HK$6.0m |
| Diluted earnings per share | -0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.01 | 0.01 | -0.01 |
| Cash from operations | — | −HK$1.0m | −HK$1.0m | −HK$9.0m | −HK$9.0m | HK$2.0m | HK$2.0m | HK$5.0m |
| Capital spending | — | — | — | — | — | — | — | −HK$2.0m |
| Free cash flow | — | — | — | — | — | — | — | HK$3.0m |
| Total assets | HK$24.5m | HK$24.3m | HK$24.3m | HK$20.4m | HK$20.4m | HK$27.7m | HK$27.7m | HK$42.4m |
| Cash and short-term investments | HK$1.9m | HK$2.5m | HK$2.7m | HK$6.0m | HK$6.2m | HK$3.1m | HK$3.1m | HK$9.9m |
| Debt | HK$7.8m | HK$7.2m | HK$409,000 | HK$7.2m | HK$409,000 | HK$7.2m | HK$7.2m | HK$18.1m |
| Shareholders' equity | HK$3.9m | HK$2.1m | HK$2.1m | HK$2.8m | HK$2.8m | −HK$1.6m | −HK$1.6m | −HK$6.1m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -23.4% | -10.1% | -13.0% |
| Operating income | -73.2% | -59.3% | — |
| Net income | -58.7% | -41.6% | 35.5% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 15.5% | -8.8% | -19.7% | -22.6% |
| Net margin | 10.7% | -11.0% | -22.6% | -32.8% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -29.0 | 6.6 | -2.1 | -1.2 | -2.2 | -5.6 | -0.9 | -0.4 | -1.0 | 12.1 |
| Price to sales | 0.9 | 1.4 | 0.6 | 0.2 | 1.4 | 1.5 | 0.8 | 0.9 | 0.7 | 0.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 5-to-1 reverse split · 2 Aug 2021
- 10-to-1 reverse split · 5 Sept 2018
- 10-for-1 split · 17 Aug 2015
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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