ChinaKundaTech GU5
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+0.00% +0.00 Updated 11 Nov 2026, 14:26 SGT
Financials
ANNUAL REPORT 2026
Explore the statements
13 tablesConsolidated Income Statement (Group), FY ended 31 March 2026
15 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Income statement | |||
| RevenueHK$'000 | 55,894 | 38,928 | PDF p. 70 |
| Cost of salesHK$'000 | (49,550) | (35,381) | PDF p. 70 |
| Gross profitHK$'000 | 6,344 | 3,547 | PDF p. 70 |
| Other items of income | |||
| Interest incomeHK$'000 | 1 | 10 | PDF p. 70 |
| Other incomeHK$'000 | 153 | 289 | PDF p. 70 |
| Other items of expense | |||
| Selling and distribution expensesHK$'000 | (1,660) | (2,267) | PDF p. 70 |
| General and administrative expensesHK$'000 | (12,175) | (10,944) | PDF p. 70 |
| Other expensesHK$'000 | (1,124) | (1,047) | PDF p. 70 |
| Impairment loss on trade and other receivablesHK$'000 | (298) | (99) | PDF p. 70 |
| Finance CostsHK$'000 | (3) | – | PDF p. 70 |
| Income statement | |||
| Loss before taxHK$'000 | (8,762) | (10,511) | PDF p. 70 |
| Income tax expenseHK$'000 | – | – | PDF p. 70 |
| Loss for the yearHK$'000 | (8,762) | (10,511) | PDF p. 70 |
| Attributable to: Owners of the Company | |||
| Loss for the year attributable to owners of the CompanyHK$'000 | (8,762) | (10,511) | PDF p. 70 |
| Loss per share (HK cents per share) | |||
| Basic and dilutedHK cents per share | (2.1) | (2.6) | PDF p. 70 |
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Definitions & sources
Original report: PDF p. 70 ↗
Loss per share in HK cents per share. Statement is of the Group only; no separate Company income statement printed.
Consolidated Statement of Comprehensive Income (Group), FY ended 31 March 2026
6 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Statement of comprehensive income | |||
| Loss for the yearHK$'000 | (8,762) | (10,511) | PDF p. 71 |
| Items that may be reclassified subsequently to profit or loss | |||
| Foreign currency translation, net of taxHK$'000 | 27 | (50) | PDF p. 71 |
| Items that will not be reclassified subsequently to profit or loss | |||
| Foreign currency translation, net of taxHK$'000 | (529) | 52 | PDF p. 71 |
| Other comprehensive income/(loss) | |||
| Other comprehensive (loss)/income for the year, net of taxHK$'000 | (502) | 2 | PDF p. 71 |
| Statement of comprehensive income | |||
| Total comprehensive loss for the yearHK$'000 | (9,264) | (10,509) | PDF p. 71 |
| Attributable to: Owners of the Company | |||
| Total comprehensive loss for the year attributable to owners of the CompanyHK$'000 | (9,264) | (10,509) | PDF p. 71 |
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Definitions & sources
Original report: PDF p. 71 ↗
Balance Sheets as at 31 March 2026 (Group and Company)
27 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | 2026Company | 2025Company | Source |
|---|---|---|---|---|---|
| Non-current assets | |||||
| Investment in subsidiariesHK$'000 | – | – | 26,872 | 25,342 | PDF p. 72 |
| Plant and equipmentHK$'000 | 2,929 | 5,278 | – | – | PDF p. 72 |
| Intangible assetsHK$'000 | 219 | 443 | – | – | PDF p. 72 |
| SubtotalHK$'000 | 3,148 | 5,721 | 26,872 | 25,342 | PDF p. 72 |
| Current assets | |||||
| InventoriesHK$'000 | 3,349 | 4,440 | – | – | PDF p. 72 |
| Trade and other receivablesHK$'000 | 21,798 | 11,977 | – | – | PDF p. 72 |
| PrepaymentsHK$'000 | 537 | 124 | 78 | 73 | PDF p. 72 |
| Amounts due from related partiesHK$'000 | – | – | 131 | 414 | PDF p. 72 |
| Cash and cash equivalentsHK$'000 | 2,771 | 3,131 | 822 | 117 | PDF p. 72 |
| SubtotalHK$'000 | 28,455 | 19,672 | 1,031 | 604 | PDF p. 72 |
| Assets | |||||
| Total assetsHK$'000 | 31,603 | 25,393 | 27,903 | 25,946 | PDF p. 72 |
| Current liabilities | |||||
| Trade and other payablesHK$'000 | 24,511 | 16,007 | 1,952 | 729 | PDF p. 72 |
| Contract liabilitiesHK$'000 | 850 | 515 | – | – | PDF p. 72 |
| Other liabilitiesHK$'000 | 4,426 | 4,217 | 1,522 | 1,419 | PDF p. 72 |
| Amounts due to related partiesHK$'000 | 11,831 | 7,975 | 9,273 | 5,327 | PDF p. 72 |
| BorrowingsHK$'000 | 2,569 | – | – | – | PDF p. 72 |
| Income tax payableHK$'000 | 13 | 12 | – | – | PDF p. 72 |
| SubtotalHK$'000 | 44,200 | 28,726 | 12,747 | 7,475 | PDF p. 72 |
| Net current liabilitiesHK$'000 | (15,745) | (9,054) | (11,716) | (6,871) | PDF p. 72 |
| Liabilities | |||||
| Total liabilitiesHK$'000 | 44,200 | 28,726 | 12,747 | 7,475 | PDF p. 72 |
| Net (liabilities)/assetsHK$'000 | (12,597) | (3,333) | 15,156 | 18,471 | PDF p. 72 |
| Equity | |||||
| Share capitalHK$'000 | 148,309 | 148,309 | 148,309 | 148,309 | PDF p. 72 |
| Accumulated lossesHK$'000 | (101,782) | (93,020) | (143,503) | (139,219) | PDF p. 72 |
| Restructuring reserveHK$'000 | (74,397) | (74,397) | – | – | PDF p. 72 |
| Foreign currency translation reserveHK$'000 | 15,273 | 15,775 | 10,350 | 9,381 | PDF p. 72 |
| Total equityHK$'000 | (12,597) | (3,333) | 15,156 | 18,471 | PDF p. 72 |
| Total equity and liabilitiesHK$'000 | 31,603 | 25,393 | 27,903 | 25,946 | PDF p. 72 |
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Definitions & sources
Original report: PDF p. 72 ↗
Net current liabilities row printed within current liabilities block.
Consolidated Statement of Comprehensive Income
6 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, HK$'000 | 2025Group, HK$'000 | Source |
|---|---|---|---|
| Comprehensive income | |||
| Loss for the yearHK$'000 | (8,762) | (10,511) | PDF p. 71 |
| Items that may be reclassified subsequently to profit or loss | |||
| Foreign currency translation, net of taxHK$'000 | 27 | (50) | PDF p. 71 |
| Items that will not be reclassified subsequently to profit or loss | |||
| Foreign currency translation, net of taxHK$'000 | (529) | 52 | PDF p. 71 |
| Comprehensive income | |||
| Other comprehensive (loss)/income for the year, net of taxHK$'000 | (502) | 2 | PDF p. 71 |
| Total comprehensive loss for the yearHK$'000 | (9,264) | (10,509) | PDF p. 71 |
| Attributable to: Owners of the Company | |||
| Total comprehensive loss for the year attributable to owners of the CompanyHK$'000 | (9,264) | (10,509) | PDF p. 71 |
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Definitions & sources
Original report: PDF p. 71 ↗
For the financial year ended 31 March 2026. No non-controlling interests are presented.
Consolidated Cash Flow Statement
33 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, HK$'000 | 2025Group, HK$'000 | Source |
|---|---|---|---|
| Operating activities | |||
| Loss before tax, totalHK$'000 | (8,762) | (10,511) | PDF p. 75 |
| Operating activities - Adjustments | |||
| Depreciation of plant and equipmentHK$'000 | 724 | 837 | PDF p. 75 |
| Amortisation of intangible assetsHK$'000 | 242 | 213 | PDF p. 75 |
| Inventories written-down, netHK$'000 | 480 | 1,000 | PDF p. 75 |
| Impairment loss on trade and other receivablesHK$'000 | 298 | 99 | PDF p. 75 |
| Loss/(gain) on disposal of plant and equipmentHK$'000 | 621 | (159) | PDF p. 75 |
| Interest incomeHK$'000 | (1) | (10) | PDF p. 75 |
| Interest expenseHK$'000 | 3 | – | PDF p. 75 |
| Effect of exchange rate changesHK$'000 | (16) | 23 | PDF p. 75 |
| Total adjustmentsHK$'000 | 2,351 | 2,003 | PDF p. 75 |
| Operating activities | |||
| Operating cash flows before changes in working capitalHK$'000 | (6,411) | (8,508) | PDF p. 75 |
| Changes in working capital | |||
| Trade and other receivablesHK$'000 | (9,097) | (4,148) | PDF p. 75 |
| InventoriesHK$'000 | 834 | (1,348) | PDF p. 75 |
| PrepaymentsHK$'000 | (392) | 69 | PDF p. 75 |
| Trade and other payablesHK$'000 | 7,290 | 5,214 | PDF p. 75 |
| Other liabilitiesHK$'000 | 250 | (820) | PDF p. 75 |
| Amount due to related parties, netHK$'000 | 2,714 | 2,556 | PDF p. 75 |
| Total changes in working capitalHK$'000 | 1,599 | 1,523 | PDF p. 75 |
| Operating activities | |||
| Cash flows used in operationsHK$'000 | (4,812) | (6,985) | PDF p. 75 |
| Interest receivedHK$'000 | 1 | 10 | PDF p. 75 |
| Interest paidHK$'000 | (3) | – | PDF p. 75 |
| Net cash flows used in operating activitiesHK$'000 | (4,814) | (6,975) | PDF p. 75 |
| Investing activities | |||
| Purchase of plant and equipmentHK$'000 | – | (56) | PDF p. 75 |
| Proceeds from disposal of plant and equipmentHK$'000 | 1,236 | 217 | PDF p. 75 |
| Purchase of computer softwareHK$'000 | – | (224) | PDF p. 75 |
| Net cash flows generated from/(used in) investing activitiesHK$'000 | 1,236 | (63) | PDF p. 75 |
| Financing activities | |||
| Proceeds from interest-free loan from a related partyHK$'000 | 550 | 2,159 | PDF p. 75 |
| Proceeds from short-term borrowingsHK$'000 | 2,485 | – | PDF p. 75 |
| Net cash flows generated from financing activitiesHK$'000 | 3,035 | 2,159 | PDF p. 75 |
| Cash and cash equivalents | |||
| Net decrease in cash and cash equivalentsHK$'000 | (543) | (4,879) | PDF p. 75 |
| Effect of exchange rate changes on cash and cash equivalentsHK$'000 | 183 | (71) | PDF p. 75 |
| Cash and cash equivalents at 1 AprilHK$'000 | 3,131 | 8,081 | PDF p. 75 |
| Cash and cash equivalents at 31 MarchHK$'000 | 2,771 | 3,131 | PDF p. 75 |
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Definitions & sources
Original report: PDF p. 75 ↗
For the financial year ended 31 March 2026. Only a consolidated (Group) cash flow statement is presented; no separate Company cash flow statement.
Reconciliation of movements of liabilities to cash flows arising from financing activities - FY2026
5 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, Amount due to a related party (non-trade) (Note 17), HK$'000 | 2026Group, Borrowings (Note 21), HK$'000 | Source |
|---|---|---|---|
| Reconciliation | |||
| Balance at 1 April 2025HK$'000 | 6,726 | – | PDF p. 76 |
| Changes from operating cash flowsHK$'000 | 1,679 | – | PDF p. 76 |
| Changes from financing cash flows | |||
| - Loan fromHK$'000 | 550 | 2,485 | PDF p. 76 |
| Non-cash changes | |||
| - Effect of exchange rate changesHK$'000 | 482 | 84 | PDF p. 76 |
| Reconciliation | |||
| Balance at 31 March 2026HK$'000 | 9,437 | 2,569 | PDF p. 76 |
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Definitions & sources
Original report: PDF p. 76 ↗
Reconciliation of movements of liabilities to cash flows arising from financing activities - FY2025
5 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group, Amount due to a related party (non-trade) (Note 17), HK$'000 | Source |
|---|---|---|
| Reconciliation | ||
| Balance at 1 April 2024HK$'000 | 2,855 | PDF p. 76 |
| Changes from operating cash flowsHK$'000 | 1,574 | PDF p. 76 |
| Changes from financing cash flows | ||
| - Loan fromHK$'000 | 2,159 | PDF p. 76 |
| Non-cash changes | ||
| - Effect of exchange rate changesHK$'000 | 138 | PDF p. 76 |
| Reconciliation | ||
| Balance at 31 March 2025HK$'000 | 6,726 | PDF p. 76 |
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Definitions & sources
Original report: PDF p. 76 ↗
Group Statement of Changes in Equity - 2026
6 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, Equity, total | 2026Group, Equity attributable to owners of the Company, total | 2026Group, Share capital (Note 22) | 2026Group, Accumulated losses | 2026Group, Restructuring reserve (Note 23(a)) | 2026Group, Foreign currency translation reserve (Note 23(c)) | Source |
|---|---|---|---|---|---|---|---|
| Group 2026 | |||||||
| Opening balance at 1 April 2025HK$'000 | (3,333) | (3,333) | 148,309 | (93,020) | (74,397) | 15,775 | PDF p. 73 |
| Loss for the yearHK$'000 | (8,762) | (8,762) | – | (8,762) | – | – | PDF p. 73 |
| Other comprehensive loss | |||||||
| Foreign currency translationHK$'000 | (502) | (502) | – | – | – | (502) | PDF p. 73 |
| Other comprehensive loss for the year, net of taxHK$'000 | (502) | (502) | – | – | – | (502) | PDF p. 73 |
| Group 2026 | |||||||
| Total comprehensive loss for the yearHK$'000 | (9,264) | (9,264) | – | (8,762) | – | (502) | PDF p. 73 |
| Closing balance at 31 March 2026HK$'000 | (12,597) | (12,597) | 148,309 | (101,782) | (74,397) | 15,273 | PDF p. 73 |
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Definitions & sources
Original report: PDF p. 73 ↗
No non-controlling interest column is presented.
Group Statement of Changes in Equity - 2025
6 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group, Equity, total | 2025Group, Equity attributable to owners of the Company, total | 2025Group, Share capital (Note 22) | 2025Group, Accumulated losses | 2025Group, Restructuring reserve (Note 23(a)) | 2025Group, Foreign currency translation reserve (Note 23(c)) | Source |
|---|---|---|---|---|---|---|---|
| Group 2025 | |||||||
| Opening balance at 1 April 2024HK$'000 | 7,176 | 7,176 | 148,309 | (82,509) | (74,397) | 15,773 | PDF p. 73 |
| Loss for the yearHK$'000 | (10,511) | (10,511) | – | (10,511) | – | – | PDF p. 73 |
| Other comprehensive income | |||||||
| Foreign currency translationHK$'000 | 2 | 2 | – | – | – | 2 | PDF p. 73 |
| Other comprehensive income for the year, net of taxHK$'000 | 2 | 2 | – | – | – | 2 | PDF p. 73 |
| Group 2025 | |||||||
| Total comprehensive (loss)/ income for the yearHK$'000 | (10,509) | (10,509) | – | (10,511) | – | 2 | PDF p. 73 |
| Closing balance at 31 March 2025HK$'000 | (3,333) | (3,333) | 148,309 | (93,020) | (74,397) | 15,775 | PDF p. 73 |
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Definitions & sources
Original report: PDF p. 73 ↗
No non-controlling interest column is presented.
Company Statement of Changes in Equity - 2026
6 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Company, Equity, total | 2026Company, Share capital (Note 22) | 2026Company, Accumulated losses | 2026Company, Foreign currency translation reserve (Note 23(c)) | Source |
|---|---|---|---|---|---|
| Company 2026 | |||||
| Opening balance at 1 April 2025HK$'000 | 18,471 | 148,309 | (139,219) | 9,381 | PDF p. 74 |
| Loss for the yearHK$'000 | (4,284) | – | (4,284) | – | PDF p. 74 |
| Other comprehensive income | |||||
| Foreign currency translationHK$'000 | 969 | – | – | 969 | PDF p. 74 |
| Other comprehensive income for the year, net of taxHK$'000 | 969 | – | – | 969 | PDF p. 74 |
| Company 2026 | |||||
| Total comprehensive (loss)/income for the yearHK$'000 | (3,315) | – | (4,284) | 969 | PDF p. 74 |
| Closing balance at 31 March 2026HK$'000 | 15,156 | 148,309 | (143,503) | 10,350 | PDF p. 74 |
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Definitions & sources
Original report: PDF p. 74 ↗
Company Statement of Changes in Equity - 2025
6 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Company, Equity, total | 2025Company, Share capital (Note 22) | 2025Company, Accumulated losses | 2025Company, Foreign currency translation reserve (Note 23(c)) | Source |
|---|---|---|---|---|---|
| Company 2025 | |||||
| Opening balance at 1 April 2024HK$'000 | 22,983 | 148,309 | (134,915) | 9,589 | PDF p. 74 |
| Loss for the yearHK$'000 | (4,304) | – | (4,304) | – | PDF p. 74 |
| Other comprehensive loss | |||||
| Foreign currency translationHK$'000 | (208) | – | – | (208) | PDF p. 74 |
| Other comprehensive loss for the year, net of taxHK$'000 | (208) | – | – | (208) | PDF p. 74 |
| Company 2025 | |||||
| Total comprehensive loss for the yearHK$'000 | (4,512) | – | (4,304) | (208) | PDF p. 74 |
| Closing balance at 31 March 2025HK$'000 | 18,471 | 148,309 | (139,219) | 9,381 | PDF p. 74 |
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Definitions & sources
Original report: PDF p. 74 ↗
Cash flow analysis (Operations and Financial Review)
1 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026FY2026, HK$'000 | 2025FY2025, HK$'000 | 2026Variance (%), FY2026 vs FY2025 | Source |
|---|---|---|---|---|
| Cash flow analysis | ||||
| Net cash from/(used in) investing activitiesHK$'000 | 1,236 | (63) | N.M. | PDF p. 8 |
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Definitions & sources
Original report: PDF p. 8 ↗
N.M. denotes as not meaningful.
Loss per share (Consolidated income statement and Note 10)
1 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, FY2026 | 2025Group, FY2025 | Source |
|---|---|---|---|
| Loss per share (HK cents per share) | |||
| Basic and dilutedHK cents per share | (2.1) | (2.6) | PDF p. 70 |
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Definitions & sources
Original report: PDF p. 70 ↗
Basic and diluted loss per share are the same as there were no potential dilutive ordinary shares.
Where the money comes from
Segment information
By business
Segment information FY2026 (IMD and Plastic injection parts) 11 lines
| Item / unit | 2026IMD and Plastic injection parts, HK$'000 | 2026Per consolidated financial statements, HK$'000 | Source |
|---|---|---|---|
| Revenue | |||
| Sales to external customersHK$'000 | 55,894 | 55,894 | PDF p. 101 |
| Segment results | |||
| Segment gross profitHK$'000 | 6,344 | 6,344 | PDF p. 101 |
| Depreciation of plant and equipmentHK$'000 | (724) | (724) | PDF p. 101 |
| Amortisation of intangible assetsHK$'000 | (242) | (242) | PDF p. 101 |
| Loss on disposal of plant and equipmentHK$'000 | (621) | (621) | PDF p. 101 |
| Impairment loss on inventoriesHK$'000 | (480) | (480) | PDF p. 101 |
| Impairment loss on trade and other receivablesHK$'000 | (298) | (298) | PDF p. 101 |
| Research expensesHK$'000 | (1,735) | (1,735) | PDF p. 101 |
| Assets | |||
| Additions to non-current assetsHK$'000 | – | – | PDF p. 101 |
| Segment assets:HK$'000 | 31,603 | 31,603 | PDF p. 101 |
| Liabilities | |||
| Segment liabilities:HK$'000 | 44,200 | 44,200 | PDF p. 101 |
Notes
Segment performance is evaluated by the Executive Chairman and CEO solely based on gross profit or loss. Certain expenses, other income, financial income/expense and income taxes are managed on a group basis and are not allocated to operating segments.
Unallocated expenses and Loss before tax appear only in the Per consolidated financial statements column. Note A: net unallocated expenses mainly comprise employee benefits and operating lease expenses under General and administrative expenses and employee benefits under Selling and distribution expenses.
Note B: Additions to non-current assets consist of additions to plant and equipment and intangible assets during financial year 2025.
The newly established water treatment business has not commenced operations; one reportable operating segment.
Segment information FY2025 (IMD and Plastic injection parts) 11 lines
| Item / unit | 2025IMD and Plastic injection parts, HK$'000 | 2025Per consolidated financial statements, HK$'000 | Source |
|---|---|---|---|
| Revenue | |||
| Sales to external customersHK$'000 | 38,928 | 38,928 | PDF p. 102 |
| Segment results | |||
| Segment gross profitHK$'000 | 3,547 | 3,547 | PDF p. 102 |
| Depreciation of plant and equipmentHK$'000 | (837) | (837) | PDF p. 102 |
| Amortisation of intangible assetsHK$'000 | (213) | (213) | PDF p. 102 |
| Gain on disposal of plant and equipmentHK$'000 | 159 | 159 | PDF p. 102 |
| Impairment loss on inventoriesHK$'000 | (1,000) | (1,000) | PDF p. 102 |
| Impairment loss on trade and other receivablesHK$'000 | (99) | (99) | PDF p. 102 |
| Research expensesHK$'000 | (1,871) | (1,871) | PDF p. 102 |
| Assets | |||
| Additions to non-current assetsHK$'000 | 280 | 280 | PDF p. 102 |
| Segment assets:HK$'000 | 25,393 | 25,393 | PDF p. 102 |
| Liabilities | |||
| Segment liabilities:HK$'000 | 28,726 | 28,726 | PDF p. 102 |
Notes
Unallocated expenses and Loss before tax appear only in the Per consolidated financial statements column.
Note A: net unallocated expenses mainly comprise employee benefits and operating lease expenses under General and administrative expenses and employee benefits under Selling and distribution expenses.
Note B: Additions to non-current assets consist of additions to plant and equipment and intangible assets during financial year 2025.
By geography
Geographical information: revenue and non-current assets 4 lines
| Item / unit | 2026Revenue, HK$'000 | 2025Revenue, HK$'000 | 2026Non-current assets, HK$'000 | 2025Non-current assets, HK$'000 | Source |
|---|---|---|---|---|---|
| Geographical information | |||||
| PRCHK$'000 | 55,616 | 38,735 | 3,148 | 5,721 | PDF p. 103 |
| EuropeHK$'000 | 235 | 91 | – | – | PDF p. 103 |
| OthersHK$'000 | 43 | 102 | – | – | PDF p. 103 |
| Total (unlabelled)HK$'000 | 55,894 | 38,928 | 3,148 | 5,721 | PDF p. 103 |
Notes
Revenue and non-current assets information based on geographical location of customers and assets respectively.
Non-current assets consist of plant and equipment and intangible assets, as presented in the consolidated balance sheet.
Total row has no printed label.
Debt
Borrowings
Borrowing notes 1 tables
Borrowings – Group
| Item / unit | 2026HK$'000 | 2025HK$'000 | Source |
|---|---|---|---|
| Borrowings | |||
| Bank loanHK$'000 | 1,137 | – | PDF p. 99 |
| Short-term borrowings from a third partyHK$'000 | 1,432 | – | PDF p. 99 |
Notes
Total borrowings 2,569 (2026) and – (2025). All current, maturing FY2027; no non-current borrowings printed.
Payout
Dividends & distributions
Dividend policy
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Dividend policy | The Company does not have a fixed dividend policy. The form, frequency and amount of dividends will depend on the Company’s earnings, general financial condition, results of operations, capital requirements, cash flow, general business condition, development plans and other factors as the Directors may deem appropriate. Where dividends are not paid, the Company expressly discloses the reasons together with the announcement of the financial statements. Notwithstanding the above, any declaration of dividends is clearly communicated to the shareholders via SGXNet. | Company | PDF p. 61 |
Dividends declared and proposed
| Item | Value | Period / scope | Source |
|---|---|---|---|
| No dividend declared or recommended | no dividend has been declared or recommended for the current reporting period on grounds of prudency. | Current reporting period (Annual Report 2026) | PDF p. 61 |
Extracted from ANNUAL REPORT 2026 and checked against the cited pages; see the original report for full context.
Auditor’s report
Audit & risk signals
Audit opinion
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Audit firm | Baker Tilly TFW LLP | Group and Company, FY ended 31 March 2026 | PDF p. 69 |
| Engagement partner | Guo Shuqi | Group and Company, FY ended 31 March 2026 | PDF p. 69 |
Going concern
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Going concern | The going concern basis of preparation remains appropriate | Group and Company, 31 March 2026 | PDF p. 86 |
Key audit matters
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Impairment assessment of investment in subsidiaries | We identified this as a key audit matter due to the significance of the carrying amount of the investment in subsidiaries, as well as the high degree of judgement and estimation uncertainty involved in determining the recoverable amount. | Company, 31 March 2026 | PDF p. 66 |
Extracted from ANNUAL REPORT 2026 and checked against the cited pages; see the original report for full context.
How to read these figures
Group and parent company or bank figures are labelled separately. Parentheses indicate negative amounts; a dash and NA retain the report’s notation.
Comparative figures follow ANNUAL REPORT 2026, including retrospective adjustments. Adjusted and reported earnings may have different definitions; refer to each statement’s notes.
These tables show the available extracted figures. The original annual report contains the full statements, notes and definitions.