J 
3.90
+1.30%
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¥5.43bn
FY2016FY2025
Net income
CN¥22.7m
FY2016FY2025
Free cash flow
−CN¥268.1m
FY2016FY2025
Shareholders' equity
CN¥4.41bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥5.43bn | CN¥3.88bn | CN¥3.74bn | CN¥3.67bn | CN¥3.58bn | CN¥2.50bn | CN¥2.69bn | CN¥2.56bn | CN¥2.20bn | CN¥1.39bn |
| Research and development | CN¥26.8m | CN¥29.1m | CN¥4.8m | CN¥4.9m | CN¥5.2m | CN¥5.5m | CN¥5.6m | CN¥5.9m | CN¥6.2m | CN¥6.6m |
| Operating income | — | CN¥36.7m | CN¥253.9m | CN¥164.3m | −CN¥135.3m | CN¥20.3m | CN¥97.2m | CN¥140.3m | CN¥91.1m | CN¥49.9m |
| Net income | CN¥22.7m | CN¥27.7m | CN¥32.2m | −CN¥91.4m | −CN¥129.2m | −CN¥233.3m | CN¥90.9m | CN¥132.4m | CN¥85.6m | CN¥32.5m |
| Diluted earnings per share | 0.01 | 0.01 | 0.01 | -0.04 | -0.06 | -0.12 | 0.05 | 0.07 | 0.04 | 0.02 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥13.66bn | CN¥12.68bn | CN¥10.69bn | CN¥10.51bn | CN¥8.77bn | CN¥8.69bn | CN¥8.48bn | CN¥7.14bn | CN¥6.18bn | CN¥4.62bn |
| Cash and short-term investments | — | CN¥1.03bn | CN¥677.2m | CN¥894.6m | CN¥741.0m | CN¥885.6m | CN¥961.7m | CN¥589.7m | CN¥377.8m | CN¥844.3m |
| Total liabilities | CN¥8.74bn | CN¥7.79bn | CN¥6.32bn | CN¥6.18bn | CN¥5.81bn | CN¥5.58bn | CN¥5.46bn | CN¥4.22bn | CN¥3.40bn | CN¥1.93bn |
| Debt | CN¥1.94bn | CN¥4.24bn | CN¥3.88bn | CN¥3.38bn | CN¥2.96bn | CN¥3.05bn | CN¥2.76bn | CN¥2.02bn | CN¥1.61bn | CN¥850.0m |
| Shareholders' equity | CN¥4.41bn | CN¥4.39bn | CN¥4.36bn | CN¥4.33bn | CN¥2.96bn | CN¥3.10bn | CN¥3.01bn | CN¥2.92bn | CN¥2.79bn | CN¥2.70bn |
| Shares outstanding | 2,459m | 2,442m | 2,455m | 2,459m | 2,013m | 1,971m | 1,964m | 1,969m | 1,971m | 1,689m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥248.1m | CN¥90.3m | CN¥243.0m | CN¥328.5m | CN¥168.9m | CN¥102.0m | CN¥74.9m | CN¥177.1m | CN¥31.7m | −CN¥114.7m |
| Capital spending | −CN¥516.2m | −CN¥432.0m | −CN¥574.0m | −CN¥420.0m | −CN¥87.4m | −CN¥112.8m | −CN¥304.4m | −CN¥265.6m | −CN¥1.36bn | −CN¥889.9m |
| Free cash flow | −CN¥268.1m | −CN¥341.7m | −CN¥331.0m | −CN¥91.5m | CN¥81.4m | −CN¥10.8m | −CN¥229.5m | −CN¥88.5m | −CN¥1.32bn | −CN¥1.00bn |
| Dividends paid | −CN¥204.9m | −CN¥193.4m | −CN¥178.6m | −CN¥186.6m | −CN¥175.2m | −CN¥181.1m | −CN¥142.9m | −CN¥100.9m | −CN¥62.8m | −CN¥48.1m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.45bn | CN¥1.30bn | CN¥1.41bn | CN¥1.37bn | CN¥1.42bn | CN¥1.21bn | CN¥1.08bn | CN¥1.02bn |
| Operating income | CN¥93.0m | CN¥90.0m | CN¥72.7m | CN¥81.5m | CN¥23.3m | CN¥5.3m | CN¥42.9m | CN¥19.2m |
| Net income | CN¥4.8m | CN¥27.2m | −CN¥9.9m | CN¥10.6m | CN¥13.8m | CN¥8.3m | −CN¥34.4m | CN¥21.9m |
| Diluted earnings per share | 0.00 | 0.01 | -0.00 | 0.00 | 0.01 | 0.00 | -0.01 | 0.01 |
| Cash from operations | — | — | — | CN¥56.0m | −CN¥12.0m | CN¥67.0m | — | CN¥44.0m |
| Capital spending | −CN¥97.0m | −CN¥401.0m | −CN¥255.0m | −CN¥77.0m | −CN¥28.0m | −CN¥153.0m | −CN¥108.0m | −CN¥203.0m |
| Free cash flow | — | — | — | −CN¥21.0m | −CN¥40.0m | −CN¥86.0m | — | −CN¥159.0m |
| Total assets | CN¥14.94bn | CN¥14.10bn | CN¥13.66bn | CN¥13.70bn | CN¥13.68bn | CN¥13.13bn | CN¥12.68bn | CN¥12.04bn |
| Cash and short-term investments | — | — | — | CN¥1.30bn | CN¥1.33bn | CN¥951.8m | CN¥1.03bn | CN¥990.3m |
| Debt | CN¥2.37bn | CN¥2.39bn | CN¥1.94bn | CN¥5.12bn | CN¥4.33bn | CN¥4.49bn | CN¥4.01bn | CN¥3.27bn |
| Shareholders' equity | CN¥4.45bn | CN¥4.44bn | CN¥4.41bn | CN¥4.42bn | CN¥4.41bn | CN¥4.40bn | CN¥4.39bn | CN¥4.42bn |
Financial ratios
Data as of 4 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | 5.9% | 0.9% | 6.8% | 4.5% | -3.8% | 0.8% |
| Net margin | 0.4% | 0.7% | 0.9% | -2.5% | -3.6% | -9.3% |
| Return on equity | 0.5% | 0.6% | 0.7% | -2.1% | -4.4% | -7.5% |
| Return on assets | 0.2% | 0.2% | 0.3% | -0.9% | -1.5% | -2.7% |
| Free cash flow yield | 9.0% | 6.2% | 9.7% | 8.8% | 3.7% | 3.2% |
| Revenue growth | 39.8% | 3.9% | 1.8% | 2.5% | 43.2% | -7.1% |
| Earnings growth | -18.0% | -13.9% | -135.2% | -29.2% | -44.6% | -356.6% |
| Current ratio | 0.51x | 0.48x | 0.51x | 0.47x | 0.43x | 0.48x |
| Debt to equity | 0.44x | 0.91x | 0.77x | 0.63x | 0.84x | 0.86x |
| Equity ratio | 32.3% | 34.6% | 40.8% | 41.2% | 33.8% | 35.7% |
| Interest coverage | 1.18x | 0.14x | 1.02x | 0.63x | -0.50x | 0.07x |
| R&D as a share of sales | 0.5% | 0.7% | 0.1% | 0.1% | 0.1% | 0.2% |
| Buybacks as a share of market value | -0.7% | 0.5% | 0.2% | -22.1% | -2.1% | -0.4% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 13.9% | 16.8% | 18.0% |
| Net income | — | — | 4.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Net margin | 0.5% | -0.1% | -1.6% | -0.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 491.1 | 318.1 | 221.9 | -119.1 | -82.1 | -16.0 | 46.6 | 28.3 | 72.1 | 202.7 |
| Price to sales | 2.1 | 2.3 | 1.9 | 3.0 | 3.0 | 1.5 | 1.6 | 1.5 | 2.8 | 4.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 14 Jul 2006.
| FY2006 | FY2004 | FY2001 | FY2000 | FY1998 | |
|---|---|---|---|---|---|
| Paid in the year | 0.04 | 0.05 | 0.06 | 0.05 | 0.06 |
- 2-for-1 split · 12 Oct 2016
- 1-to-1 reverse split · 6 Apr 2006
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.