N 
0.34
-11.84%
Close of 9 Nov 2026, in HKD
Search any instrument
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$18.3m
FY2017FY2026
Net income
−HK$7.6m
FY2017FY2026
Free cash flow
HK$5.2m
FY2017FY2026
Shareholders' equity
HK$1.1m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$18.3m | HK$38.8m | HK$89.2m | HK$78.0m | HK$50.3m | HK$24.4m | HK$50.4m | HK$81.9m | HK$85.3m | HK$96.2m |
| Operating income | −HK$8.8m | −HK$5.7m | −HK$18.9m | HK$1.8m | −HK$11.7m | −HK$44.6m | −HK$23.7m | −HK$21.1m | −HK$21.6m | HK$4.1m |
| Net income | −HK$7.6m | −HK$4.9m | −HK$17.1m | HK$3.6m | −HK$8.9m | −HK$36.9m | −HK$35.7m | −HK$26.8m | −HK$25.1m | −HK$9.5m |
| Diluted earnings per share | -0.06 | -0.04 | -0.16 | 0.04 | -0.15 | -0.72 | -0.04 | -0.03 | -0.61 | -0.23 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$24.1m | HK$31.6m | HK$50.5m | HK$55.4m | HK$31.5m | HK$64.7m | HK$47.1m | HK$71.6m | HK$87.4m | HK$85.4m |
| Cash and short-term investments | HK$549,000 | HK$1.5m | HK$1.8m | HK$10.6m | HK$1.6m | HK$2.5m | HK$6.4m | HK$42.8m | HK$53.5m | HK$60.7m |
| Total liabilities | HK$23.1m | HK$25.7m | HK$51.4m | HK$44.9m | HK$44.9m | HK$75.7m | HK$69.6m | HK$57.5m | HK$45.8m | HK$18.0m |
| Debt | HK$1.3m | HK$3.9m | HK$16.6m | HK$24.1m | HK$24.7m | HK$34.1m | HK$46.5m | HK$36.1m | HK$30.7m | — |
| Shareholders' equity | HK$1.1m | HK$8.7m | HK$4.3m | HK$15.6m | −HK$6.0m | −HK$3.4m | −HK$19.9m | HK$15.8m | HK$42.6m | HK$67.7m |
| Shares outstanding | 122m | 122m | 108m | 100m | 61m | 51m | 960m | 800m | 41m | 41m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | HK$6.4m | −HK$5.1m | HK$5.9m | HK$7.1m | HK$8.6m | −HK$14.7m | HK$19.5m | HK$1.2m | −HK$49.2m | −HK$9.9m |
| Capital spending | −HK$1.2m | −HK$93,000 | −HK$2.1m | −HK$4.2m | −HK$3.1m | −HK$11.4m | −HK$622,000 | −HK$12.1m | −HK$6.4m | −HK$1.5m |
| Free cash flow | HK$5.2m | −HK$5.2m | HK$3.8m | HK$2.8m | HK$5.5m | −HK$26.0m | HK$18.9m | −HK$10.8m | −HK$55.6m | −HK$11.4m |
Latest quarters
By quarter end
| May 2026 | Feb 2026 | Nov 2025 | Aug 2025 | May 2025 | Feb 2025 | Nov 2024 | Aug 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$4.9m | −HK$6.7m | HK$13.4m | HK$6.7m | HK$13.2m | HK$13.2m | HK$6.2m | HK$6.2m |
| Operating income | −HK$3.7m | −HK$1.1m | −HK$3.4m | −HK$560,000 | HK$1.1m | HK$1.1m | −HK$1.5m | −HK$1.5m |
| Net income | −HK$2.5m | HK$2.5m | −HK$5.1m | −HK$2.5m | HK$2.1m | HK$2.1m | −HK$4.6m | −HK$4.6m |
| Diluted earnings per share | -0.02 | 0.02 | -0.04 | -0.02 | 0.02 | 0.02 | -0.04 | -0.04 |
| Cash from operations | HK$6.0m | HK$3.0m | — | — | HK$2.0m | HK$1.0m | −HK$8.0m | −HK$4.0m |
| Capital spending | — | — | −HK$1.0m | — | — | — | −HK$8.0m | — |
| Free cash flow | — | — | — | — | — | — | −HK$16.0m | — |
| Total assets | HK$24.1m | HK$24.1m | HK$32.7m | HK$32.7m | HK$31.6m | HK$31.6m | HK$37.5m | HK$37.5m |
| Cash and short-term investments | HK$549,000 | HK$965,000 | HK$1.0m | HK$2.1m | HK$1.5m | HK$2.7m | HK$1.7m | HK$1.7m |
| Debt | HK$774,000 | HK$1.8m | HK$551,000 | HK$1.4m | HK$3.9m | HK$3.9m | HK$9.3m | HK$8.4m |
| Shareholders' equity | HK$1.1m | HK$1.1m | HK$3.6m | HK$3.6m | HK$8.7m | HK$8.7m | HK$4.4m | HK$4.4m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -38.3% | -5.6% | -14.6% |
| Operating income | — | -27.8% | — |
| Net income | — | -27.1% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -25.3% | -14.1% | -29.4% | -20.0% |
| Net margin | -21.9% | -11.6% | -24.0% | -22.9% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -6.1 | -10.6 | -1.6 | 15.5 | -1.0 | -0.1 | -1.9 | -2.2 | -0.1 | -0.4 |
| Price to sales | 2.5 | 1.3 | 0.3 | 0.7 | 0.2 | 0.2 | 1.4 | 0.7 | 0.0 | 0.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 20-to-1 reverse split · 16 Nov 2022
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.