v3.26.1
Segment Information
 12 Months Ended
Dec. 31, 2025
Segment Information [Abstract]  
SEGMENT INFORMATION

3. Segment information

 

ASC 280, “Segment Reporting”, establishes standards for reporting information about operating segments on a basis consistent with our internal organizational structure as well as information about geographical areas, business segments and major customers in financial statements for details on the our business segments. We use the “management approach” in determining reportable operating segments. The management approach considers the internal organization and reporting used by our chief operating decision maker (“CODM”) for making operating decisions and assessing performance as the source for determining our reportable segments. Our CEO is the CODM. Management, including the CODM, reviews operation results by the revenue and gross profit of different products or services, operating expenses and income from operations of different products and services. Based on management’s assessment, we have determined that we have only one operating segment as defined by ASC 280, because we offers commercial printing products and services by only one operational team. Moreover, we have determined that the production line for commercial printing is situated in the PRC, while the major sales operations are located in Hong Kong. Since the majority (approximately 90% of total revenue) of revenue is generated from Hong Kong, we considered that no geographical location disclosure was required.

 

The following table shows disaggregated revenue by major merchandise categories for the years ended December 31, 2023, 2024 and 2025, respectively:

 

   Years ended December 31, 
   2023   2024   2025 
   HK$   %   HK$   %   HK$   US$   % 
Book products   63,623,667    54.3%   87,370,909    56.9%   92,934,947    11,940,301    54.7%
Novelty and packaging products   53,641,929    45.7%   66,122,156    43.1%   76,856,130    9,874,492    45.3%
    117,265,596    100.0%   153,493,065    100.0%   169,791,077    21,814,793    100.0%

 

The following table shows the disaggregated cost of revenue by major merchandise categories for the years ended December 31, 2023, 2024 and 2025, respectively:

 

   Years ended December 31, 
   2023   2024   2025 
   HK$   %   HK$   %   HK$   US$   % 
Book products   45,400,091    52.8%   66,529,934    56.3%   74,253,675    9,540,127    55.1%
Novelty and packaging products   40,505,641    47.2%   51,636,200    43.7%   60,487,734    7,771,477    44.9%
    85,905,732    100.0%   118,166,134    100.0%   134,741,409    17,311,604    100%

 

The following table shows the disaggregated gross profit by major merchandise categories for the years ended December 31, 2023, 2024 and 2025, respectively:

 

   Years ended December 31, 
   2023   2024   2025 
   HK$   Gross profit %   HK$   Gross profit %   HK$   US$   Gross profit % 
Book products   18,223,576    28.6%   20,840,975    23.9%   18,681,272    2,400,174    20.1%
Novelty and packaging products   13,136,288    24.5%   14,485,956    21.9%   16,368,396    2,103,015    21.3%
    31,359,864    26.7%   35,326,931    23.0%   35,049,668    4,503,189    20.6%