v3.26.1
Disaggregation of Revenue
 12 Months Ended
Dec. 31, 2025
Disaggregation of Revenue [Abstract]  
DISAGGREGATION OF REVENUE
11. Disaggregation of Revenue

 

The following table disaggregates revenue by type of services for the years ended December 31, 2023, 2024 and 2025. All service provided are recognized at a point in time.

 

   For the years ended December 31, 
   2023   2024   2025   2025 
   HK$   HK$   HK$   US$ 
Integrated IPO financial printing services   34,035,637    32,789,688    63,157,166    8,114,446 
Non-IPO financial printing services:                    
Annual reports   53,021,533    41,608,778    34,625,309    4,448,667 
Circulars   8,694,347    8,029,862    11,907,715    1,529,906 
Others   19,533,696    21,392,075    21,242,006    2,729,177 
Total non-IPO services   81,249,576    71,030,715    67,775,030    8,707,750 
Total   115,285,213    103,820,403    130,932,196    16,822,196 

The following table sets forth a breakdown of revenue, cost of revenue and gross profit margin by major categories for the years ended December 31, 2023, 2024 and 2025, respectively:

 

   For the year ended December 31, 2023 
   Revenue   Cost of
revenue		   Gross
profit		   Gross profit
margin		 
   HK$   HK$   HK$   % 
Revenue from Integrated IPO financial printing services   34,035,637    12,830,143    21,205,494    62.3%
Revenue from non-IPO financial printing services   81,249,576    55,444,139    25,805,437    31.8%
Total   115,285,213    68,274,282    47,010,931    40.8%

 

   For the year ended December 31, 2024 
   Revenue   Cost of
revenue		   Gross
profit		   Gross profit
margin		 
   HK$   HK$   HK$   % 
Revenue from Integrated IPO financial printing services   32,789,688    11,072,563    21,717,125    66.2%
Revenue from non-IPO financial printing services   71,030,715    50,355,601    20,675,114    29.1%
Total   103,820,403    61,428,164    42,392,239    40.8%

 

   For the year ended December 31, 2025 
   Revenue   Cost of
revenue		   Gross
profit		   Gross
profit		   Gross profit
margin		 
   HK$   HK$   HK$   US$   % 
Revenue from Integrated IPO financial printing services   63,157,166    24,159,703    38,997,463    5,010,403    61.7%
Revenue from non-IPO financial printing services   67,775,030    51,891,431    15,883,599    2,040,728    23.4%
Total   130,932,196    76,051,134    54,881,062    7,051,131    41.9%

 

During the year ended December 31, 2023, 2024 and 2025, the contract liabilities transfer to revenue was HK$6,395,769, HK$7,301,563, and HK$7,782,140 (US$999,851), respectively.