0.35
-9.21%
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$68.9m
FY2016FY2025
Net income
−HK$16.0m
FY2016FY2025
Free cash flow
−HK$10.4m
FY2016FY2025
Shareholders' equity
HK$40.0m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$68.9m | HK$70.8m | HK$80.0m | HK$60.3m | HK$113.9m | HK$96.9m | HK$58.4m | HK$41.6m | HK$2.6m |
| Operating income | −HK$17.7m | −HK$13.9m | −HK$12.1m | −HK$29.7m | −HK$22.4m | −HK$27.8m | −HK$13.4m | −HK$2.7m | −HK$33.3m |
| Net income | −HK$16.0m | −HK$14.3m | −HK$9.0m | −HK$21.2m | −HK$26.3m | −HK$25.9m | −HK$12.7m | −HK$3.1m | −HK$36.6m |
| Diluted earnings per share | -0.01 | -0.01 | -0.01 | -0.02 | -0.02 | -0.03 | -0.01 | -0.00 | -0.05 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$44.5m | HK$59.4m | HK$50.7m | HK$90.2m | HK$109.3m | HK$110.5m | HK$132.2m | HK$145.5m | HK$56.1m |
| Cash and short-term investments | HK$7.2m | HK$16.4m | HK$14.8m | HK$40.2m | HK$70.1m | HK$31.6m | HK$50.8m | HK$86.3m | HK$26.7m |
| Total liabilities | HK$4.5m | HK$5.4m | HK$9.3m | HK$9.3m | HK$8.3m | HK$6.8m | HK$15.5m | HK$17.5m | HK$4.7m |
| Debt | HK$4.1m | HK$3.8m | HK$5.7m | HK$905,000 | HK$883,000 | — | HK$5.3m | — | — |
| Shareholders' equity | HK$40.0m | HK$54.0m | HK$41.4m | HK$80.9m | HK$101.0m | HK$103.7m | HK$116.7m | HK$128.0m | HK$51.4m |
| Shares outstanding | 1,356m | 1,269m | 1,136m | 1,136m | 1,124m | 947m | 947m | 928m | 670m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −HK$10.4m | −HK$22.6m | −HK$16.4m | −HK$25.1m | HK$12.0m | −HK$53.8m | −HK$53.5m | −HK$19.8m | −HK$16.0m |
| Capital spending | −HK$33,000 | −HK$15,000 | −HK$34,000 | −HK$4.9m | −HK$4.0m | −HK$621,000 | −HK$530,000 | −HK$2.0m | −HK$12.6m |
| Free cash flow | −HK$10.4m | −HK$22.6m | −HK$16.5m | −HK$30.0m | HK$8.0m | −HK$54.4m | −HK$54.0m | −HK$21.8m | −HK$28.6m |
Latest quarters
By quarter end
| Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | Jun 2022 | Dec 2021 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$35.9m | HK$32.9m | HK$32.2m | HK$38.6m | HK$80.0m | HK$44.4m | HK$433.6m | HK$202.8m |
| Operating income | −HK$9.4m | −HK$8.2m | −HK$10.8m | −HK$3.0m | −HK$11.6m | −HK$7.3m | −HK$21.4m | −HK$9.6m |
| Net income | −HK$8.8m | −HK$7.2m | −HK$9.7m | −HK$4.6m | −HK$9.0m | −HK$9.5m | −HK$27.7m | −HK$11.8m |
| Diluted earnings per share | -0.01 | -0.01 | -0.01 | -0.00 | -0.01 | -0.01 | -0.02 | -0.01 |
| Total assets | HK$44.5m | HK$48.7m | HK$59.4m | HK$71.3m | HK$50.7m | HK$57.7m | HK$71.6m | HK$94.4m |
| Cash and short-term investments | HK$7.2m | HK$10.7m | HK$16.4m | HK$26.8m | HK$14.8m | HK$23.2m | HK$33.6m | HK$36.0m |
| Debt | HK$1.9m | HK$2.2m | HK$2.6m | HK$2.9m | HK$3.8m | — | — | HK$299,000 |
| Shareholders' equity | HK$40.0m | HK$46.0m | HK$54.0m | HK$64.8m | HK$41.4m | HK$41.6m | HK$50.6m | HK$68.0m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -45.8% | -9.6% | 49.8% |
| Operating income | -6.8% | -4.6% | -7.2% |
| Net income | -16.7% | -9.4% | -9.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -22.6% | -10.0% | -14.2% | -22.6% |
| Net margin | -21.7% | -10.3% | -13.8% | -23.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -23.7 | -23.5 | -20.1 | -8.8 | -13.7 | -13.7 | -10.1 | -16.5 | -139.8 | -9.0 |
| Price to sales | 5.5 | 4.8 | 2.3 | 0.6 | 4.8 | 3.2 | 2.7 | 3.6 | 10.5 | 128.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 8 Apr 1998.
- 10-to-1 reverse split · 6 Jun 2006
- 20-to-1 reverse split · 2 Dec 2003
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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