S
0.20
-14.04%
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$71.3m
FY2017FY2026
Net income
−HK$30.5m
FY2017FY2026
Free cash flow
HK$6.9m
FY2017FY2026
Shareholders' equity
−HK$10.5m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$71.3m | HK$97.8m | HK$91.9m | HK$68.7m | HK$85.6m | HK$97.4m | HK$116.4m | HK$142.4m | HK$135.6m | HK$149.7m |
| Operating income | −HK$16.0m | HK$17.8m | HK$13.7m | −HK$29.6m | −HK$18.1m | −HK$21.3m | −HK$18.9m | −HK$14.3m | −HK$10.2m | HK$9.5m |
| Net income | −HK$30.5m | −HK$20.9m | HK$8.2m | −HK$36.7m | HK$4.0m | HK$8.6m | −HK$44.5m | −HK$16.1m | −HK$12.2m | HK$6.3m |
| Diluted earnings per share | -0.40 | -0.30 | 0.01 | -0.04 | 0.01 | 0.01 | -0.06 | -0.02 | -0.02 | 0.01 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$27.5m | HK$74.1m | HK$69.7m | HK$85.2m | HK$96.8m | HK$100.2m | HK$122.2m | HK$97.7m | HK$116.6m | HK$72.6m |
| Cash and short-term investments | HK$4.2m | HK$7.1m | HK$11.5m | HK$17.7m | HK$31.9m | HK$12.8m | HK$3.0m | HK$21.8m | HK$49.2m | HK$4.3m |
| Total liabilities | HK$38.0m | HK$56.6m | HK$35.3m | HK$69.8m | HK$54.0m | HK$61.4m | HK$100.3m | HK$30.8m | HK$33.1m | HK$29.0m |
| Debt | HK$6.1m | HK$14.3m | HK$16.2m | HK$25.4m | HK$23.5m | HK$50.0m | HK$82.4m | HK$15.0m | HK$15.0m | HK$13.1m |
| Shareholders' equity | −HK$10.5m | HK$17.5m | HK$34.5m | HK$15.5m | HK$42.8m | HK$38.8m | HK$21.9m | HK$66.3m | HK$82.6m | HK$41.4m |
| Shares outstanding | 76m | 69m | 987m | 960m | 657m | 960m | 800m | 800m | 800m | 800m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | HK$11.2m | HK$12.7m | HK$9.1m | HK$4.7m | HK$976,000 | HK$9.0m | HK$14.6m | −HK$11.3m | −HK$91,000 | HK$9.8m |
| Capital spending | −HK$4.3m | −HK$11.8m | −HK$3.3m | −HK$21,000 | −HK$47,000 | −HK$231,000 | −HK$6.1m | −HK$16.9m | −HK$5.5m | −HK$10.4m |
| Free cash flow | HK$6.9m | HK$927,000 | HK$5.8m | HK$4.6m | HK$929,000 | HK$8.7m | HK$8.5m | −HK$28.2m | −HK$5.5m | −HK$680,000 |
| Dividends paid | — | — | — | — | — | — | — | — | −HK$15.0m | −HK$1.1m |
Latest quarters
By quarter end
| Mar 2026 | Sept 2025 | Mar 2025 | Sept 2024 | Mar 2024 | Sept 2023 | Jun 2023 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$27.4m | HK$43.9m | HK$48.8m | HK$49.0m | HK$41.3m | HK$22.9m | HK$27.7m | HK$18.6m |
| Operating income | −HK$6.1m | −HK$9.0m | −HK$283,000 | HK$10.6m | HK$1.8m | HK$1.8m | −HK$2.9m | −HK$10.3m |
| Net income | −HK$21.3m | −HK$9.3m | −HK$10.0m | −HK$10.9m | HK$17.2m | −HK$5.5m | −HK$3.4m | −HK$13.0m |
| Diluted earnings per share | -0.28 | -0.13 | -0.14 | -0.01 | 0.02 | -0.01 | -0.00 | -0.01 |
| Cash from operations | — | HK$11.0m | HK$2.0m | HK$9.0m | HK$4.0m | HK$5.0m | — | — |
| Capital spending | — | −HK$4.0m | −HK$11.0m | −HK$9.0m | −HK$3.0m | −HK$5.0m | — | −HK$1.0m |
| Free cash flow | — | HK$7.0m | −HK$9.0m | HK$0 | HK$1.0m | HK$0 | — | — |
| Total assets | HK$27.5m | HK$71.2m | HK$74.1m | HK$85.4m | HK$69.7m | HK$79.3m | — | HK$85.2m |
| Cash and short-term investments | HK$4.2m | HK$9.1m | HK$7.1m | HK$15.5m | HK$11.5m | HK$10.8m | — | HK$17.7m |
| Debt | HK$4.4m | HK$9.6m | HK$14.3m | HK$20.9m | HK$16.2m | HK$14.8m | — | HK$25.4m |
| Shareholders' equity | −HK$10.5m | HK$8.3m | HK$17.5m | HK$23.6m | HK$34.5m | HK$6.5m | — | HK$15.5m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 1.2% | -6.0% | -6.0% |
| Operating income | -18.5% | -5.5% | — |
| Net income | -5.9% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 1.0% | -4.3% | -10.4% | -6.7% |
| Net margin | -30.4% | -24.2% | -13.1% | -10.8% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -0.5 | -1.2 | 43.1 | -16.1 | 189.7 | 258.7 | -11.1 | -10.4 | -27.6 |
| Price to sales | 0.2 | 0.3 | 3.9 | 8.6 | 8.9 | 22.8 | 4.2 | 1.2 | 2.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 20-to-1 reverse split · 7 Jan 2025
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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