B
0.25
—
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$140.9m
FY2017FY2026
Net income
−HK$19.4m
FY2017FY2026
Free cash flow
−HK$3.7m
FY2017FY2026
Shareholders' equity
HK$52.7m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$140.9m | HK$270.3m | HK$99.9m | HK$122.0m | HK$96.0m | HK$62.2m | HK$61.2m | HK$68.7m | HK$116.7m | HK$61.7m |
| Research and development | HK$1.8m | HK$1.1m | HK$7.7m | HK$5.1m | HK$2.0m | — | — | — | — | — |
| Operating income | −HK$15.8m | −HK$20.6m | −HK$29.6m | HK$14.7m | −HK$35.7m | −HK$929,512 | HK$7.8m | HK$17.3m | HK$20.1m | HK$9.5m |
| Net income | −HK$19.4m | −HK$10.5m | −HK$26.8m | HK$18.6m | −HK$32.5m | −HK$4.0m | −HK$871,753 | HK$14.3m | HK$15.9m | HK$9.5m |
| Diluted earnings per share | -0.03 | -0.01 | -0.04 | 0.03 | -0.05 | -0.01 | -0.00 | 0.03 | 0.03 | 0.01 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$107.3m | HK$121.7m | HK$124.0m | HK$186.3m | HK$234.5m | HK$108.4m | HK$210.1m | HK$158.7m | HK$102.2m | HK$59.3m |
| Cash and short-term investments | HK$27.0m | HK$28.5m | HK$29.3m | HK$34.1m | HK$75.2m | HK$58.9m | HK$60.4m | HK$18.4m | HK$12.8m | HK$4.9m |
| Total liabilities | HK$53.9m | HK$49.0m | HK$58.5m | HK$71.2m | HK$83.6m | HK$27.4m | HK$48.1m | HK$60.1m | HK$54.3m | HK$36.1m |
| Debt | HK$5.7m | HK$6.8m | HK$7.4m | HK$14.8m | HK$15.2m | HK$3.6m | HK$3.8m | HK$9.2m | HK$12.1m | HK$7.4m |
| Shareholders' equity | HK$52.7m | HK$72.0m | HK$65.1m | HK$114.5m | HK$84.9m | HK$150.8m | HK$162.2m | HK$52.1m | HK$24.6m | HK$12.7m |
| Shares outstanding | 757m | 757m | 720m | 600m | 600m | 600m | 600m | 488m | 600m | 757m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | HK$3.1m | −HK$6.9m | HK$1.4m | −HK$10.1m | HK$31.0m | HK$11.3m | HK$6.1m | HK$51.7m | HK$22.7m | HK$6.5m |
| Capital spending | −HK$6.8m | −HK$7.0m | −HK$5.6m | −HK$8.8m | −HK$31.4m | −HK$8.2m | −HK$39.9m | −HK$50.0m | −HK$9.7m | −HK$9.9m |
| Free cash flow | −HK$3.7m | −HK$13.9m | −HK$4.3m | −HK$18.9m | −HK$396,182 | HK$3.1m | −HK$33.8m | HK$1.8m | HK$13.0m | −HK$3.4m |
| Dividends paid | — | — | — | — | — | −HK$3.8m | −HK$2.3m | −HK$500,000 | −HK$500,000 | −HK$500,000 |
Latest quarters
By quarter end
| Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Jun 2024 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$36.6m | HK$37.3m | HK$106.0m | HK$108.4m | HK$30.0m | HK$28.8m | HK$26.4m | HK$26.2m |
| Operating income | −HK$4.1m | −HK$4.2m | −HK$4.1m | −HK$4.2m | −HK$7.0m | −HK$6.7m | −HK$10.9m | −HK$10.8m |
| Net income | −HK$3.6m | −HK$3.6m | −HK$1.8m | −HK$1.9m | −HK$3.5m | −HK$3.4m | −HK$8.3m | −HK$8.2m |
| Diluted earnings per share | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.01 | -0.01 |
| Cash from operations | — | — | −HK$5.0m | −HK$5.0m | HK$2.0m | HK$2.0m | HK$5.0m | HK$5.0m |
| Capital spending | — | — | −HK$1.0m | −HK$1.0m | −HK$1.0m | −HK$1.0m | — | — |
| Free cash flow | — | — | −HK$6.0m | −HK$6.0m | HK$1.0m | HK$1.0m | — | — |
| Total assets | HK$112.6m | HK$114.7m | HK$121.7m | HK$124.4m | HK$148.9m | HK$143.1m | HK$124.1m | HK$123.0m |
| Cash and short-term investments | HK$28.4m | HK$29.0m | HK$28.5m | HK$29.1m | HK$29.2m | HK$28.1m | HK$29.3m | HK$29.1m |
| Debt | HK$4.9m | HK$4.4m | HK$6.9m | HK$5.4m | HK$5.0m | HK$4.0m | HK$7.4m | HK$6.3m |
| Shareholders' equity | HK$64.9m | HK$66.1m | HK$72.0m | HK$73.7m | HK$61.1m | HK$58.7m | HK$65.1m | HK$64.6m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 4.9% | 17.8% | — |
| Operating income | — | 76.3% | — |
| Net income | — | 36.8% | — |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Price to earnings | -9.5 | -45.6 | -14.5 | 9.8 | -13.8 | -84.5 | -76.4 | 6.7 |
| Price to sales | 1.3 | 1.8 | 3.9 | 1.5 | 4.7 | 5.5 | 1.1 | 1.4 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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