C
0.25
0.00%
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$558.1m
FY2015FY2024
Net income
−HK$23.8m
FY2015FY2024
Free cash flow
−HK$20.5m
FY2015FY2024
Shareholders' equity
HK$113.6m
FY2015FY2024
Income statement
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HK$558.1m | HK$345.8m | HK$213.4m | HK$207.1m | HK$250.9m | HK$246.9m | HK$610.8m | HK$821.9m | HK$715.1m | HK$628.7m |
| Operating income | −HK$22.2m | −HK$20.2m | −HK$39.4m | −HK$39.6m | −HK$54.5m | −HK$104.8m | HK$24.1m | HK$32.8m | HK$57.6m | HK$69.6m |
| Net income | −HK$23.8m | −HK$21.6m | −HK$87.5m | −HK$100.8m | −HK$55.5m | −HK$108.1m | HK$17.4m | HK$22.9m | HK$42.1m | HK$54.3m |
| Diluted earnings per share | -0.03 | -0.03 | -0.11 | -0.13 | -0.08 | -0.18 | 0.03 | 0.05 | 0.11 | 0.14 |
Balance sheet
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HK$412.1m | HK$259.4m | HK$331.3m | HK$461.2m | HK$536.2m | HK$517.7m | HK$584.9m | HK$449.7m | HK$338.9m | HK$438.4m |
| Cash and short-term investments | HK$42.2m | HK$46.6m | HK$4.5m | HK$20.9m | HK$33.7m | HK$1.3m | HK$2.5m | HK$56.1m | HK$19.5m | HK$13.8m |
| Total liabilities | HK$298.5m | HK$147.9m | HK$229.7m | HK$262.6m | HK$240.6m | HK$283.5m | HK$242.0m | HK$210.1m | HK$213.0m | HK$211.3m |
| Debt | HK$4.0m | HK$7.0m | HK$9.6m | HK$16.5m | HK$81.0m | HK$102.7m | HK$109.3m | HK$60.1m | HK$46.0m | HK$77.7m |
| Shareholders' equity | HK$113.6m | HK$111.5m | HK$101.6m | HK$198.5m | HK$295.6m | HK$234.2m | HK$342.9m | HK$239.6m | HK$125.9m | HK$227.1m |
| Shares outstanding | 920m | 763m | 761m | 761m | 664m | 612m | 567m | 443m | 384m | 384m |
Cash flow
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −HK$20.5m | HK$265,000 | HK$8.8m | HK$16.5m | −HK$85.3m | HK$23.5m | −HK$103.8m | −HK$73.6m | HK$27.3m | HK$15.9m |
| Capital spending | −HK$25,000 | — | −HK$50,000 | −HK$510,000 | −HK$365,000 | −HK$700,000 | −HK$418,000 | −HK$976,000 | −HK$1.2m | −HK$14.3m |
| Free cash flow | −HK$20.5m | HK$265,000 | HK$8.8m | HK$16.0m | −HK$85.6m | HK$22.8m | −HK$104.2m | −HK$74.6m | HK$26.1m | HK$1.6m |
Latest quarters
By quarter end
| Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | Jun 2022 | Dec 2021 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$147.7m | HK$354.1m | HK$203.9m | HK$130.2m | HK$215.7m | HK$73.0m | HK$140.4m | HK$71.4m |
| Operating income | −HK$7.8m | −HK$3.5m | −HK$18.7m | −HK$10.6m | −HK$9.2m | HK$19.1m | −HK$59.0m | −HK$690,000 |
| Net income | −HK$7.1m | −HK$12.6m | −HK$11.2m | −HK$9.7m | −HK$11.9m | −HK$29.6m | −HK$57.8m | −HK$58.8m |
| Diluted earnings per share | -0.01 | -0.01 | -0.01 | -0.01 | -0.02 | -0.03 | -0.08 | -0.07 |
| Total assets | HK$508.8m | HK$412.1m | HK$550.8m | HK$259.4m | HK$400.1m | HK$331.3m | HK$441.1m | HK$461.2m |
| Cash and short-term investments | HK$40.5m | HK$42.2m | HK$83.7m | HK$46.6m | HK$33.1m | HK$4.5m | HK$3.4m | HK$20.9m |
| Debt | HK$2.8m | HK$1.5m | HK$4.7m | HK$3.2m | HK$5.0m | HK$5.3m | HK$15.9m | HK$4.1m |
| Shareholders' equity | HK$110.3m | HK$113.6m | HK$128.5m | HK$111.5m | HK$84.8m | HK$101.6m | HK$135.1m | HK$198.5m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 39.1% | 17.7% | 2.2% |
| Operating income | -17.6% | -26.7% | — |
| Net income | -38.2% | -26.1% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -4.7% | -9.2% | -15.4% | -0.8% |
| Net margin | -5.0% | -17.6% | -21.8% | -4.3% |
Valuation history
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|
| Price to earnings | -7.3 | -11.7 | -10.4 | -10.2 | -5.7 | -3.6 | 19.6 | 9.7 |
| Price to sales | 0.3 | 0.7 | 4.3 | 5.0 | 1.3 | 1.6 | 0.6 | 0.3 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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