X 
1.62
-0.61%
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¥4.53bn
FY2016FY2025
Net income
−CN¥1.24bn
FY2016FY2025
Free cash flow
CN¥224.0m
FY2016FY2025
Shareholders' equity
CN¥1.66bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥4.53bn | CN¥4.97bn | CN¥5.49bn | CN¥6.07bn | CN¥6.35bn | CN¥5.78bn | CN¥5.73bn | CN¥5.85bn | CN¥5.62bn | CN¥3.38bn |
| Gross profit | CN¥892.3m | CN¥1.19bn | CN¥1.13bn | CN¥911.9m | CN¥1.44bn | CN¥1.49bn | CN¥1.86bn | CN¥2.08bn | CN¥1.98bn | CN¥974.5m |
| Research and development | CN¥44.4m | CN¥38.6m | CN¥75.4m | CN¥95.2m | CN¥105.4m | CN¥103.1m | CN¥95.1m | CN¥90.0m | CN¥82.6m | CN¥82.1m |
| Operating income | CN¥36.6m | −CN¥633.1m | CN¥74.1m | −CN¥904.7m | CN¥275.8m | CN¥466.8m | −CN¥888.6m | CN¥765.2m | CN¥654.7m | CN¥220.1m |
| Net income | −CN¥1.24bn | −CN¥443.6m | −CN¥16.9m | −CN¥618.7m | CN¥183.6m | CN¥312.8m | −CN¥752.0m | CN¥468.5m | CN¥343.3m | CN¥124.2m |
| Diluted earnings per share | -1.22 | -0.41 | -0.02 | -0.54 | 0.17 | 0.31 | -0.71 | 0.47 | 0.38 | 0.15 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥4.40bn | CN¥6.16bn | CN¥7.16bn | CN¥7.08bn | CN¥7.71bn | CN¥7.72bn | CN¥8.14bn | CN¥10.28bn | CN¥7.71bn | CN¥8.34bn |
| Cash and short-term investments | — | CN¥1.81bn | CN¥1.72bn | CN¥1.53bn | CN¥1.64bn | CN¥1.78bn | CN¥2.30bn | CN¥2.84bn | CN¥199.9m | CN¥689.3m |
| Total liabilities | CN¥2.63bn | CN¥2.81bn | CN¥3.24bn | CN¥3.16bn | CN¥3.26bn | CN¥3.43bn | CN¥4.04bn | CN¥5.25bn | CN¥4.94bn | CN¥5.80bn |
| Debt | CN¥74.6m | CN¥1.10bn | CN¥1.90bn | CN¥1.99bn | CN¥1.87bn | CN¥2.04bn | CN¥2.30bn | CN¥2.83bn | CN¥2.51bn | CN¥3.08bn |
| Shareholders' equity | CN¥1.66bn | CN¥2.91bn | CN¥3.34bn | CN¥3.32bn | CN¥3.78bn | CN¥3.65bn | CN¥3.53bn | CN¥4.38bn | CN¥2.26bn | CN¥2.07bn |
| Shares outstanding | 1,015m | 1,081m | 1,068m | 1,140m | 1,095m | 1,023m | 1,059m | 991m | 900m | 846m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥253.0m | CN¥232.8m | CN¥425.7m | CN¥58.8m | −CN¥176.5m | CN¥702.6m | CN¥393.2m | CN¥1.19bn | CN¥389.7m | −CN¥147.9m |
| Capital spending | −CN¥29.0m | −CN¥17.9m | −CN¥18.5m | −CN¥113.3m | −CN¥38.0m | −CN¥188.3m | −CN¥31.2m | −CN¥32.1m | −CN¥42.4m | −CN¥151.2m |
| Free cash flow | CN¥224.0m | CN¥214.8m | CN¥407.2m | −CN¥54.5m | −CN¥214.5m | CN¥514.3m | CN¥362.0m | CN¥1.16bn | CN¥347.2m | −CN¥299.1m |
| Dividends paid | −CN¥151.9m | −CN¥140.7m | −CN¥143.9m | −CN¥98.8m | −CN¥83.2m | −CN¥116.0m | −CN¥61.7m | −CN¥177.8m | −CN¥227.6m | −CN¥98.8m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥833.5m | CN¥1.05bn | CN¥1.02bn | CN¥1.39bn | CN¥1.08bn | CN¥1.04bn | CN¥1.16bn | CN¥1.30bn |
| Gross profit | CN¥165.3m | CN¥223.8m | CN¥119.3m | CN¥307.6m | CN¥222.8m | CN¥242.5m | CN¥281.7m | CN¥262.8m |
| Operating income | −CN¥23.4m | CN¥13.1m | −CN¥64.4m | CN¥43.3m | CN¥7.5m | −CN¥6.6m | −CN¥820.5m | CN¥40.8m |
| Net income | CN¥230.9m | −CN¥9.3m | −CN¥1.24bn | CN¥20.8m | −CN¥26.1m | CN¥7.5m | −CN¥506.2m | CN¥21.9m |
| Diluted earnings per share | 0.23 | -0.01 | -1.23 | 0.02 | -0.03 | 0.01 | -0.47 | 0.02 |
| Cash from operations | — | — | — | CN¥100.0m | CN¥84.0m | −CN¥34.0m | — | −CN¥58.0m |
| Capital spending | −CN¥3.0m | −CN¥2.0m | −CN¥3.0m | −CN¥5.0m | −CN¥3.0m | −CN¥16.0m | −CN¥11.0m | −CN¥2.0m |
| Free cash flow | — | — | — | CN¥95.0m | CN¥81.0m | −CN¥50.0m | — | −CN¥60.0m |
| Total assets | CN¥3.18bn | CN¥4.34bn | CN¥4.40bn | CN¥6.08bn | CN¥6.08bn | CN¥6.09bn | CN¥6.16bn | CN¥6.95bn |
| Cash and short-term investments | — | — | — | CN¥1.80bn | CN¥1.75bn | CN¥1.72bn | CN¥1.81bn | CN¥1.82bn |
| Debt | — | CN¥74.6m | CN¥74.6m | CN¥1.77bn | CN¥1.08bn | CN¥1.08bn | CN¥1.09bn | CN¥1.13bn |
| Shareholders' equity | CN¥1.78bn | CN¥1.65bn | CN¥1.66bn | CN¥2.90bn | CN¥2.89bn | CN¥2.92bn | CN¥2.91bn | CN¥3.38bn |
Financial ratios
Data as of 24 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 19.7% | 23.9% | 20.5% | 15.0% | 22.6% | 25.9% |
| Operating margin | -29.5% | -12.7% | 1.3% | -14.9% | 5.6% | 9.9% |
| Net margin | -27.4% | -8.9% | -0.3% | -10.2% | 2.9% | 5.4% |
| Return on equity | -74.9% | -15.2% | -0.5% | -18.6% | 4.9% | 8.6% |
| Return on assets | -28.2% | -7.2% | -0.2% | -8.7% | 2.4% | 4.1% |
| Free cash flow yield | 17.2% | 14.3% | 25.7% | 9.3% | -7.8% | 53.8% |
| Revenue growth | -8.9% | -9.4% | -9.6% | -4.5% | 9.9% | 0.9% |
| Earnings growth | 180.0% | 2530.0% | -97.3% | -437.1% | -41.3% | -141.6% |
| Current ratio | 1.22x | 1.25x | 1.16x | 1.55x | 1.62x | 1.60x |
| Debt to equity | 0.04x | 0.37x | 0.56x | 0.59x | 0.45x | 0.56x |
| Equity ratio | 37.7% | 47.3% | 46.6% | 47.0% | 49.0% | 47.3% |
| Interest coverage | -8.80x | -3.93x | 0.49x | -9.15x | 4.17x | 3.61x |
| R&D as a share of sales | 1.0% | 0.8% | 1.4% | 1.6% | 1.7% | 1.8% |
| Buybacks as a share of market value | 6.1% | -1.2% | 6.3% | -4.1% | -7.0% | 3.4% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -9.3% | -4.8% | 7.3% |
| Operating income | — | -39.9% | -13.9% |
| Net income | 26.2% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 21.9% | 19.5% | 21.2% | 26.0% |
| Operating margin | -6.3% | -6.8% | -2.1% | 0.4% |
| Net margin | -17.7% | -11.0% | -5.5% | -2.7% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -2.7 | -8.8 | -279.9 | -8.7 | 30.3 | 22.8 | -6.4 | 9.7 | 25.4 | 84.4 |
| Price to sales | 0.7 | 0.8 | 0.9 | 0.9 | 0.9 | 1.2 | 0.8 | 0.8 | 1.6 | 3.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 17 Jul 2019.
| FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.057 | 0.055 | 0.046 | 0.056 | 0.008 | 0.077 | 0.064 | 0.051 |
- 7-for-5 split · 17 Jul 2019
- 7-for-5 split · 16 Jul 2018
- 2-for-1 split · 27 Apr 2015
- 3-for-2 split · 15 Jun 2012
- 1-to-1 reverse split · 26 Sept 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.