0.27
-5.26%
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$1.99bn
FY2016FY2025
Net income
−HK$295.3m
FY2016FY2025
Free cash flow
−HK$361.4m
FY2016FY2025
Shareholders' equity
HK$3.46bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$1.99bn | HK$1.61bn | HK$1.23bn | HK$1.44bn | HK$1.45bn | HK$958.2m | HK$1.95bn | HK$2.43bn | HK$3.22bn | HK$2.62bn |
| Gross profit | HK$124.5m | HK$119.9m | HK$114.8m | HK$139.3m | HK$137.2m | HK$162.0m | HK$220.9m | HK$256.2m | HK$453.7m | HK$378.7m |
| Operating income | −HK$78.5m | −HK$77.6m | −HK$45.9m | −HK$50.1m | −HK$78.1m | −HK$82.9m | −HK$35.4m | HK$12.7m | HK$201.4m | HK$520.3m |
| Net income | −HK$295.3m | −HK$216.0m | −HK$38.4m | HK$154.3m | HK$275.0m | HK$221.4m | HK$578.0m | HK$616.3m | HK$516.9m | HK$635.7m |
| Diluted earnings per share | -0.28 | -0.20 | -0.03 | 0.14 | 0.25 | 0.20 | 0.54 | 0.60 | 0.51 | 0.79 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$5.97bn | HK$6.23bn | HK$6.16bn | HK$6.72bn | HK$8.13bn | HK$6.52bn | HK$5.27bn | HK$5.34bn | HK$5.00bn | HK$4.49bn |
| Cash and short-term investments | HK$478.0m | HK$441.7m | HK$399.9m | HK$602.9m | HK$706.8m | HK$246.5m | HK$870.0m | HK$1.07bn | HK$840.5m | HK$1.22bn |
| Total liabilities | HK$2.50bn | HK$2.46bn | HK$2.09bn | HK$2.50bn | HK$3.99bn | HK$2.60bn | HK$1.49bn | HK$1.61bn | HK$1.93bn | HK$1.79bn |
| Debt | HK$1.94bn | HK$1.89bn | HK$1.53bn | HK$1.80bn | HK$3.19bn | HK$1.68bn | HK$351.0m | HK$395.5m | HK$822.2m | HK$764.8m |
| Shareholders' equity | HK$3.46bn | HK$3.77bn | HK$4.07bn | HK$4.22bn | HK$4.14bn | HK$3.92bn | HK$3.78bn | HK$3.73bn | HK$3.07bn | HK$2.70bn |
| Shares outstanding | 1,073m | 1,084m | 1,105m | 1,109m | 1,091m | 1,091m | 1,052m | 1,016m | 1,019m | 805m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −HK$357.9m | −HK$204.5m | −HK$142.6m | −HK$178.5m | −HK$844.4m | −HK$313.3m | −HK$892.4m | HK$102.0m | HK$166.4m | HK$768.9m |
| Capital spending | −HK$3.5m | −HK$13.6m | −HK$28.9m | −HK$1.3m | −HK$7.3m | −HK$15.4m | −HK$8.5m | −HK$24.6m | −HK$12.7m | −HK$13.1m |
| Free cash flow | −HK$361.4m | −HK$218.1m | −HK$171.5m | −HK$179.8m | −HK$851.7m | −HK$328.8m | −HK$901.0m | HK$77.4m | HK$153.7m | HK$755.8m |
| Dividends paid | — | −HK$65.1m | −HK$83.0m | −HK$82.9m | −HK$81.8m | −HK$81.8m | −HK$405.6m | −HK$71.1m | −HK$73.8m | −HK$35.4m |
Latest quarters
By quarter end
| Sept 2025 | Mar 2025 | Sept 2024 | Mar 2024 | Sept 2023 | Mar 2023 | Sept 2022 | Mar 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$770.8m | HK$1.00bn | HK$984.3m | HK$952.9m | HK$659.8m | HK$666.4m | HK$566.4m | HK$734.9m |
| Gross profit | HK$44.1m | HK$62.2m | HK$62.2m | HK$72.6m | HK$22.3m | HK$61.0m | HK$53.8m | HK$66.7m |
| Operating income | −HK$226.9m | HK$10.0m | −HK$88.5m | −HK$51.2m | −HK$26.5m | HK$16.7m | −HK$35.2m | −HK$42.5m |
| Net income | −HK$274.6m | −HK$102.2m | −HK$193.1m | −HK$107.9m | −HK$108.1m | HK$39.2m | −HK$77.6m | HK$60.9m |
| Diluted earnings per share | -0.26 | -0.10 | -0.18 | -0.10 | -0.10 | 0.04 | -0.07 | 0.05 |
| Total assets | HK$5.65bn | HK$5.97bn | HK$6.08bn | HK$6.23bn | HK$6.12bn | HK$6.16bn | HK$6.31bn | HK$6.72bn |
| Cash and short-term investments | HK$327.8m | HK$478.0m | HK$351.6m | HK$441.7m | HK$346.3m | HK$399.9m | HK$578.6m | HK$602.9m |
| Debt | HK$180.0m | HK$796.2m | HK$807.3m | HK$4.9m | HK$4.0m | HK$1.13bn | HK$1.63bn | HK$1.80bn |
| Shareholders' equity | HK$3.19bn | HK$3.46bn | HK$3.58bn | HK$3.77bn | HK$3.89bn | HK$4.07bn | HK$4.08bn | HK$4.22bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 11.3% | 15.7% | -0.5% |
| Operating income | 16.1% | -1.1% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 6.8% | 8.0% | 9.2% | 11.9% |
| Operating margin | -4.3% | -4.0% | -4.8% | 2.1% |
| Net margin | -14.2% | -6.3% | 1.2% | 13.7% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -0.9 | -1.5 | -21.3 | 8.3 | 5.2 | 4.8 | 2.0 | 1.8 | 2.1 | 1.4 |
| Price to sales | 0.1 | 0.2 | 0.7 | 0.9 | 1.0 | 1.1 | 0.6 | 0.5 | 0.3 | 0.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 21 Nov 2023.
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.06 | 0.075 | 0.075 | 0.075 | 0.075 | 0.075 | 0.072 | 0.072 |
- 5-for-4 split · 28 Aug 2015
- 11-for-10 split · 5 Feb 2013
- 11-for-10 split · 4 Aug 2010
- 5-for-4 split · 28 Jul 2005
- 5-for-4 split · 28 Dec 2004
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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