I 
6.21
+0.16%
Close of 9 Nov 2026, in CNY
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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¥4.75bn
FY2016FY2025
Net income
−CN¥82.4m
FY2016FY2025
Free cash flow
CN¥137.9m
FY2016FY2025
Shareholders' equity
CN¥45.2m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥4.75bn | CN¥4.08bn | CN¥3.47bn | CN¥3.12bn | CN¥2.89bn | CN¥700.0m | CN¥4.1m | CN¥102.6m | CN¥241.1m | CN¥476.4m |
| Gross profit | CN¥158.4m | CN¥193.2m | CN¥163.1m | CN¥212.6m | CN¥212.4m | CN¥56.2m | −CN¥158,399 | CN¥5.8m | CN¥95.3m | CN¥154.9m |
| Research and development | CN¥7.3m | CN¥6.3m | CN¥17.1m | CN¥28.0m | CN¥18.9m | CN¥4.6m | CN¥12.7m | CN¥23.5m | CN¥139.4m | CN¥110.0m |
| Operating income | CN¥54.6m | CN¥60.0m | CN¥46.3m | CN¥97.4m | CN¥110.1m | CN¥34.2m | −CN¥91.1m | −CN¥71.5m | −CN¥40.8m | CN¥32.3m |
| Net income | −CN¥82.4m | −CN¥62.0m | −CN¥60.1m | CN¥14.9m | CN¥3.2m | CN¥13.0m | −CN¥206.1m | −CN¥170.0m | −CN¥314.7m | CN¥23.0m |
| Diluted earnings per share | -0.10 | -0.07 | -0.07 | 0.02 | 0.00 | 0.02 | -0.25 | -0.22 | -0.41 | 0.03 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥1.83bn | CN¥1.78bn | CN¥2.00bn | CN¥1.98bn | CN¥1.51bn | CN¥1.47bn | CN¥58.2m | CN¥253.0m | CN¥446.9m | CN¥775.0m |
| Cash and short-term investments | — | — | — | — | CN¥20.1m | CN¥93.5m | — | — | — | — |
| Total liabilities | CN¥1.42bn | CN¥1.39bn | CN¥1.66bn | CN¥1.63bn | CN¥1.48bn | CN¥1.45bn | CN¥89.9m | CN¥55.7m | CN¥82.1m | CN¥91.8m |
| Debt | CN¥67.0m | CN¥68.1m | CN¥75.1m | — | CN¥745.4m | CN¥811.2m | — | — | — | — |
| Shareholders' equity | CN¥45.2m | CN¥47.3m | CN¥37.2m | CN¥82.3m | CN¥32.7m | CN¥15.8m | −CN¥23.8m | CN¥197.6m | CN¥363.2m | CN¥685.6m |
| Shares outstanding | 845m | 839m | 849m | 817m | 817m | 816m | 817m | 817m | 817m | 817m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥141.2m | CN¥209.9m | −CN¥143.3m | −CN¥132.9m | — | −CN¥99.8m | −CN¥26.0m | −CN¥16.7m | CN¥56.8m | CN¥46.7m |
| Capital spending | −CN¥3.3m | −CN¥2.2m | −CN¥6.5m | −CN¥410,674 | — | −CN¥200,000 | — | −CN¥7.6m | −CN¥81.2m | −CN¥118.7m |
| Free cash flow | CN¥137.9m | CN¥207.7m | −CN¥149.8m | −CN¥133.3m | — | −CN¥100.0m | −CN¥26.0m | −CN¥24.3m | −CN¥24.4m | −CN¥72.0m |
| Dividends paid | −CN¥20.9m | −CN¥54.6m | −CN¥19.6m | −CN¥8.2m | — | −CN¥92.8m | — | — | — | −CN¥1.5m |
Latest quarters
By quarter end
| Sept 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥2.53bn | CN¥1.58bn | CN¥933.3m | CN¥1.31bn | CN¥1.52bn | CN¥1.18bn | CN¥750.9m | CN¥1.15bn |
| Gross profit | CN¥111.0m | CN¥59.9m | CN¥29.0m | CN¥60.1m | CN¥42.5m | CN¥23.7m | CN¥30.6m | CN¥44.5m |
| Operating income | CN¥80.1m | CN¥31.1m | CN¥6.6m | CN¥44.1m | CN¥14.5m | −CN¥7.0m | CN¥3.3m | −CN¥2.2m |
| Net income | CN¥11.7m | −CN¥4.7m | −CN¥11.7m | −CN¥39.0m | −CN¥11.0m | −CN¥19.3m | −CN¥13.0m | −CN¥25.4m |
| Diluted earnings per share | 0.01 | -0.01 | -0.01 | -0.05 | -0.01 | -0.02 | -0.02 | -0.03 |
| Total assets | CN¥3.24bn | CN¥2.23bn | CN¥1.63bn | CN¥1.83bn | — | CN¥2.04bn | CN¥1.71bn | CN¥1.78bn |
| Cash and short-term investments | — | — | — | — | — | — | CN¥38.5m | CN¥30.6m |
| Debt | CN¥49.0m | CN¥49.0m | CN¥66.9m | CN¥67.0m | — | CN¥87.0m | CN¥359.8m | CN¥973.1m |
| Shareholders' equity | CN¥46.3m | CN¥32.4m | CN¥30.8m | CN¥45.2m | — | CN¥31.2m | CN¥43.8m | CN¥47.3m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 12.2% | 297.2% | 36.8% |
| Operating income | -19.3% | — | 38.7% |
| Net income | — | -21.4% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 4.6% | 5.7% | 5.8% | — |
| Operating margin | 1.3% | 2.2% | 1.7% | 1.1% |
| Net margin | -1.6% | -0.8% | -2.1% | -4.7% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -75.7 | -112.7 | -95.9 | 384.6 | 141.1 | -8.4 | -15.3 | -17.9 | 282.7 | — |
| Price to sales | 1.3 | 1.7 | 1.7 | 1.8 | 2.6 | 421.2 | 25.3 | 23.4 | 13.7 | 35.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 31 May 2001.
| FY2001 | |
|---|---|
| Paid in the year | 0.086 |
- 1-to-1 reverse split · 15 Jul 2014
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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