D 
20.95
-0.19%
Close of 9 Nov 2026, in CNY
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in CNY, from our data supplier.
Revenue
CN¥143.75bn
FY2016FY2025
Net income
CN¥522.9m
FY2016FY2025
Free cash flow
−CN¥2.90bn
FY2016FY2025
Shareholders' equity
CN¥11.01bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥143.75bn | CN¥128.17bn | CN¥119.62bn | CN¥115.88bn | CN¥122.38bn | CN¥92.06bn | CN¥86.80bn | CN¥81.86bn | CN¥62.22bn | CN¥40.53bn |
| Gross profit | CN¥4.88bn | CN¥5.25bn | CN¥4.80bn | CN¥4.41bn | CN¥4.07bn | CN¥3.33bn | CN¥3.51bn | CN¥3.29bn | CN¥2.96bn | CN¥2.08bn |
| Research and development | CN¥392.5m | CN¥376.6m | CN¥343.8m | CN¥291.2m | CN¥240.3m | CN¥181.8m | CN¥145.5m | CN¥96.8m | CN¥88.7m | CN¥58.6m |
| Operating income | CN¥1.22bn | CN¥2.13bn | CN¥1.51bn | CN¥1.75bn | CN¥1.37bn | CN¥916.8m | CN¥1.39bn | CN¥1.26bn | CN¥952.6m | CN¥612.9m |
| Net income | CN¥522.9m | CN¥752.7m | CN¥1.17bn | CN¥1.00bn | CN¥249.2m | CN¥624.1m | CN¥701.4m | CN¥512.4m | CN¥722.9m | CN¥403.8m |
| Diluted earnings per share | 0.73 | 1.11 | 1.68 | 1.55 | 0.38 | 0.96 | 1.08 | 0.78 | 1.11 | 0.62 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥57.15bn | CN¥45.37bn | CN¥44.88bn | CN¥40.22bn | CN¥39.01bn | CN¥30.76bn | CN¥29.42bn | CN¥26.01bn | CN¥24.27bn | CN¥17.04bn |
| Cash and short-term investments | — | CN¥5.66bn | CN¥5.64bn | CN¥4.32bn | CN¥4.61bn | CN¥4.10bn | CN¥4.01bn | CN¥1.63bn | CN¥1.72bn | CN¥1.15bn |
| Total liabilities | CN¥45.36bn | CN¥35.40bn | CN¥35.62bn | CN¥32.00bn | CN¥32.35bn | CN¥26.06bn | CN¥25.05bn | CN¥22.14bn | CN¥20.92bn | CN¥14.39bn |
| Debt | CN¥5.16bn | CN¥16.12bn | CN¥16.65bn | CN¥12.45bn | CN¥11.25bn | CN¥11.52bn | CN¥11.79bn | CN¥10.53bn | CN¥9.21bn | CN¥5.83bn |
| Shareholders' equity | CN¥11.01bn | CN¥9.25bn | CN¥8.56bn | CN¥7.60bn | CN¥6.12bn | CN¥4.70bn | CN¥4.37bn | CN¥3.86bn | CN¥3.35bn | CN¥2.65bn |
| Shares outstanding | 715m | 678m | 696m | 650m | 650m | 649m | 650m | 654m | 654m | 656m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −CN¥2.43bn | CN¥2.50bn | −CN¥151.4m | CN¥836.5m | −CN¥156.1m | CN¥1.46bn | CN¥1.50bn | CN¥360.5m | −CN¥291.8m | CN¥345.9m |
| Capital spending | −CN¥478.8m | −CN¥588.1m | −CN¥407.8m | −CN¥242.4m | −CN¥366.3m | −CN¥304.5m | −CN¥131.6m | −CN¥1.43bn | −CN¥1.35bn | −CN¥49.7m |
| Free cash flow | −CN¥2.90bn | CN¥1.92bn | −CN¥559.2m | CN¥594.0m | −CN¥522.4m | CN¥1.15bn | CN¥1.37bn | −CN¥1.07bn | −CN¥1.64bn | CN¥296.2m |
| Dividends paid | −CN¥856.5m | −CN¥1.30bn | −CN¥1.27bn | −CN¥904.2m | −CN¥898.1m | −CN¥793.7m | −CN¥164.3m | −CN¥703.7m | −CN¥439.4m | −CN¥239.5m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥46.36bn | CN¥40.56bn | CN¥41.39bn | CN¥30.78bn | CN¥39.81bn | CN¥31.78bn | CN¥36.60bn | CN¥29.01bn |
| Gross profit | CN¥1.46bn | CN¥1.37bn | CN¥1.25bn | CN¥1.13bn | CN¥1.26bn | CN¥1.18bn | CN¥1.13bn | CN¥1.55bn |
| Operating income | CN¥650.2m | CN¥684.6m | CN¥350.6m | CN¥343.5m | CN¥245.9m | CN¥295.8m | CN¥155.7m | CN¥905.9m |
| Net income | CN¥260.1m | CN¥236.0m | −CN¥147.1m | CN¥243.6m | CN¥209.1m | CN¥217.3m | −CN¥140.8m | CN¥384.2m |
| Diluted earnings per share | 0.36 | 0.33 | -0.21 | 0.34 | 0.29 | 0.30 | -0.21 | 0.57 |
| Cash from operations | — | — | — | −CN¥1.28bn | −CN¥2.22bn | CN¥2.73bn | CN¥337.0m | CN¥2.02bn |
| Capital spending | −CN¥116.0m | −CN¥82.0m | −CN¥79.0m | −CN¥205.0m | −CN¥62.0m | −CN¥131.0m | −CN¥127.0m | −CN¥97.0m |
| Free cash flow | — | — | — | −CN¥1.48bn | −CN¥2.29bn | CN¥2.60bn | CN¥210.0m | CN¥1.92bn |
| Total assets | CN¥59.79bn | CN¥56.06bn | CN¥57.15bn | CN¥50.37bn | CN¥48.45bn | CN¥45.22bn | CN¥45.37bn | CN¥44.97bn |
| Cash and short-term investments | — | — | — | CN¥6.67bn | CN¥5.45bn | CN¥7.32bn | CN¥5.66bn | CN¥4.70bn |
| Debt | CN¥6.13bn | CN¥5.69bn | CN¥5.16bn | CN¥19.56bn | CN¥14.92bn | CN¥13.96bn | CN¥16.10bn | CN¥14.65bn |
| Shareholders' equity | CN¥11.43bn | CN¥11.23bn | CN¥11.01bn | CN¥11.10bn | CN¥10.82bn | CN¥10.68bn | CN¥9.25bn | CN¥9.33bn |
Financial ratios
Data as of 23 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 3.4% | 4.1% | 4.0% | 3.8% | 3.3% | 3.6% |
| Operating margin | 0.9% | 1.7% | 1.3% | 1.5% | 1.1% | 1.0% |
| Net margin | 0.4% | 0.6% | 1.0% | 0.9% | 0.2% | 0.7% |
| Return on equity | 4.8% | 8.1% | 13.7% | 13.2% | 4.1% | 13.3% |
| Return on assets | 0.9% | 1.7% | 2.6% | 2.5% | 0.6% | 2.0% |
| Free cash flow yield | -11.7% | 19.6% | 1.6% | 7.1% | 1.4% | 11.7% |
| Revenue growth | 12.2% | 7.1% | 3.2% | -5.3% | 32.9% | 6.1% |
| Earnings growth | -30.5% | -35.8% | 16.7% | 303.1% | -60.1% | -11.0% |
| Current ratio | 1.19x | 1.24x | 1.21x | 1.18x | 1.06x | 1.03x |
| Debt to equity | 0.47x | 1.74x | 1.94x | 1.64x | 1.83x | 2.44x |
| Equity ratio | 19.3% | 20.4% | 19.1% | 18.9% | 15.7% | 15.3% |
| Interest coverage | 2.44x | 2.28x | 3.02x | 4.61x | 3.25x | 2.01x |
| R&D as a share of sales | 0.3% | 0.3% | 0.3% | 0.3% | 0.2% | 0.2% |
| Buybacks as a share of market value | -5.5% | 2.6% | -7.1% | 0.1% | -0.2% | 0.2% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 7.4% | 9.3% | 77.7% |
| Operating income | -11.3% | 5.9% | — |
| Net income | -19.6% | -3.5% | 37.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 3.7% | 3.8% | 3.7% | 3.9% |
| Operating margin | 1.2% | 1.3% | 1.2% | 1.3% |
| Net margin | 0.5% | 0.7% | 0.6% | 0.7% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 38.0 | 22.5 | 12.7 | 10.1 | 29.5 | 15.9 | 13.1 | 12.3 | 14.0 | 25.9 |
| Price to sales | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 8 years. Last went ex-dividend on 19 May 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.073 | 0.267 | 0.446 | 0.446 | 0.192 | 0.189 | 0.21 | 0.253 |
- 1-to-1 reverse split · 14 Jul 2008
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.