1.16
-2.52%
Close of 9 Nov 2026, in HKD
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At a glance
Figures in HKD, from our data supplier.
Revenue
HK$1.61bn
FY2015FY2024
Net income
HK$7.8m
FY2015FY2024
Free cash flow
HK$67.6m
FY2015FY2024
Shareholders' equity
HK$1.47bn
FY2015FY2024
Income statement
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$1.61bn | HK$1.47bn | HK$1.85bn | HK$2.09bn | HK$1.60bn | HK$1.29bn | HK$1.36bn | HK$1.28bn | HK$987.0m | HK$974.4m |
| Gross profit | HK$247.3m | HK$266.4m | HK$328.0m | HK$357.5m | HK$271.9m | HK$245.3m | HK$274.1m | HK$280.0m | HK$163.6m | HK$175.0m |
| Operating income | HK$46.8m | HK$67.4m | HK$97.0m | HK$101.5m | HK$69.8m | HK$33.3m | HK$53.9m | HK$53.8m | HK$6.1m | −HK$9.4m |
| Net income | HK$7.8m | HK$4.1m | HK$42.7m | HK$76.5m | HK$24.1m | HK$31.6m | HK$43.0m | HK$48.2m | −HK$14.9m | −HK$45.1m |
| Diluted earnings per share | 0.02 | 0.01 | 0.09 | 0.16 | 0.05 | 0.07 | 0.09 | 0.10 | -0.03 | -0.09 |
Balance sheet
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$3.15bn | HK$3.17bn | HK$3.23bn | HK$3.45bn | HK$3.25bn | HK$2.92bn | HK$2.72bn | HK$2.75bn | HK$2.48bn | HK$2.55bn |
| Cash and short-term investments | HK$208.2m | HK$258.8m | HK$311.9m | HK$215.7m | HK$263.5m | HK$225.7m | HK$202.4m | HK$312.7m | HK$290.9m | HK$245.8m |
| Total liabilities | HK$1.68bn | HK$1.65bn | HK$1.76bn | HK$1.80bn | HK$1.75bn | HK$1.56bn | HK$1.34bn | HK$1.34bn | HK$1.23bn | HK$1.16bn |
| Debt | HK$1.05bn | HK$1.11bn | HK$1.14bn | HK$1.14bn | HK$1.10bn | HK$1.06bn | HK$889.4m | HK$847.1m | HK$809.7m | HK$813.6m |
| Shareholders' equity | HK$1.47bn | HK$1.52bn | HK$1.47bn | HK$1.65bn | HK$1.51bn | HK$1.36bn | HK$1.38bn | HK$1.42bn | HK$1.24bn | HK$1.39bn |
| Shares outstanding | 476m | 476m | 476m | 476m | 476m | 476m | 476m | 476m | 476m | 478m |
Cash flow
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | HK$128.0m | HK$128.6m | HK$207.9m | HK$76.5m | HK$131.5m | HK$61.1m | −HK$24.5m | −HK$31.8m | −HK$28.3m | HK$48.2m |
| Capital spending | −HK$60.4m | −HK$42.7m | −HK$77.9m | −HK$74.1m | −HK$54.8m | −HK$36.5m | −HK$36.5m | −HK$25.9m | −HK$9.6m | −HK$24.7m |
| Free cash flow | HK$67.6m | HK$85.9m | HK$130.0m | HK$2.4m | HK$76.7m | HK$24.5m | −HK$61.0m | −HK$57.6m | −HK$38.0m | HK$23.5m |
| Dividends paid | — | — | — | — | — | — | — | — | — | −HK$4.8m |
Latest quarters
By quarter end
| Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | Jun 2022 | Dec 2021 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$816.6m | HK$795.6m | HK$816.0m | HK$709.0m | HK$762.0m | HK$856.8m | HK$989.7m | HK$1.06bn |
| Gross profit | HK$137.3m | HK$114.3m | HK$133.0m | HK$163.9m | HK$102.5m | HK$163.4m | HK$164.6m | HK$180.7m |
| Operating income | HK$40.8m | HK$16.2m | HK$30.6m | HK$67.9m | −HK$529,000 | HK$49.6m | HK$47.4m | HK$47.8m |
| Net income | HK$4.4m | HK$5.1m | HK$2.8m | HK$19.4m | −HK$15.4m | HK$12.3m | HK$30.4m | HK$39.0m |
| Diluted earnings per share | 0.01 | 0.01 | 0.01 | 0.04 | -0.03 | 0.03 | 0.06 | 0.08 |
| Cash from operations | HK$40.0m | HK$48.0m | HK$79.0m | HK$106.0m | HK$21.0m | HK$165.0m | HK$42.0m | HK$126.0m |
| Capital spending | −HK$33.0m | −HK$30.0m | −HK$30.0m | −HK$21.0m | −HK$20.0m | −HK$28.0m | −HK$49.0m | −HK$20.0m |
| Free cash flow | HK$7.0m | HK$18.0m | HK$49.0m | HK$85.0m | HK$1.0m | HK$137.0m | −HK$7.0m | HK$106.0m |
| Total assets | HK$3.12bn | HK$3.15bn | HK$3.20bn | HK$3.17bn | HK$3.16bn | HK$3.23bn | HK$3.48bn | HK$3.45bn |
| Cash and short-term investments | HK$143.8m | HK$208.2m | HK$209.9m | HK$258.8m | HK$308.4m | HK$311.9m | HK$270.4m | HK$215.7m |
| Debt | HK$34.2m | HK$64.4m | HK$50.2m | HK$60.5m | HK$1.14bn | HK$1.11bn | HK$1.19bn | HK$38.8m |
| Shareholders' equity | HK$1.50bn | HK$1.47bn | HK$1.50bn | HK$1.52bn | HK$1.44bn | HK$1.47bn | HK$1.57bn | HK$1.65bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -8.3% | 4.5% | 3.1% |
| Operating income | -22.8% | 7.0% | -3.6% |
| Net income | -53.2% | -24.4% | -15.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 16.7% | 17.1% | 17.3% | 18.2% |
| Operating margin | 3.7% | 4.5% | 4.2% | 3.7% |
| Net margin | 0.4% | 1.9% | 1.9% | 1.7% |
Valuation history
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 17.9 | 41.4 | 6.7 | 7.2 | 12.4 | 7.1 | 7.3 | 13.9 | -23.3 | -8.0 |
| Price to sales | 0.1 | 0.1 | 0.1 | 0.3 | 0.2 | 0.2 | 0.2 | 0.5 | 0.3 | 0.4 |
Dividends and splits
Per share, in the currency the company pays
Paid for 1 years. Last went ex-dividend on 26 Jun 2025.
| FY2025 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.005 | 0.01 | 0.03 | 0.045 | 0.05 | 0.06 | 0.03 | 0.01 |
- 1-to-1 reverse split · 25 Jun 2004
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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