S 
1.81
-1.09%
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¥1.39bn
FY2016FY2025
Net income
CN¥18.6m
FY2016FY2025
Free cash flow
CN¥203.4m
FY2016FY2025
Shareholders' equity
CN¥9.15bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.39bn | CN¥2.12bn | CN¥2.11bn | CN¥2.24bn | CN¥2.99bn | CN¥4.42bn | CN¥3.92bn | CN¥3.24bn | CN¥5.77bn | CN¥8.25bn |
| Operating income | CN¥108.9m | CN¥264.2m | CN¥384.8m | CN¥428.4m | CN¥1.10bn | CN¥1.54bn | CN¥1.76bn | CN¥1.42bn | CN¥1.64bn | CN¥1.69bn |
| Net income | CN¥18.6m | CN¥165.2m | CN¥182.1m | CN¥358.0m | CN¥617.9m | CN¥1.06bn | CN¥1.23bn | CN¥1.02bn | CN¥1.15bn | CN¥1.07bn |
| Diluted earnings per share | 0.01 | 0.05 | 0.06 | 0.12 | 0.20 | 0.35 | 0.41 | 0.34 | 0.38 | 0.35 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥13.12bn | CN¥14.37bn | CN¥14.92bn | CN¥15.39bn | CN¥15.44bn | CN¥15.97bn | CN¥17.98bn | CN¥18.89bn | CN¥19.70bn | CN¥21.19bn |
| Cash and short-term investments | — | CN¥852.6m | CN¥541.2m | CN¥1.12bn | CN¥499.2m | CN¥1.34bn | CN¥2.38bn | CN¥2.85bn | CN¥2.69bn | CN¥2.54bn |
| Total liabilities | CN¥3.89bn | CN¥4.69bn | CN¥5.27bn | CN¥5.61bn | CN¥6.35bn | CN¥7.27bn | CN¥9.47bn | CN¥10.00bn | CN¥10.65bn | CN¥12.96bn |
| Debt | CN¥643.3m | CN¥1.56bn | CN¥1.49bn | CN¥2.22bn | CN¥2.57bn | CN¥2.92bn | CN¥2.91bn | CN¥2.14bn | CN¥2.27bn | CN¥2.33bn |
| Shareholders' equity | CN¥9.15bn | CN¥9.41bn | CN¥9.39bn | CN¥9.51bn | CN¥8.83bn | CN¥8.42bn | CN¥8.21bn | CN¥8.60bn | CN¥8.10bn | CN¥7.54bn |
| Shares outstanding | 3,035m | 3,035m | 3,036m | 3,033m | 3,035m | 3,033m | 3,033m | 3,033m | 3,023m | 3,040m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥223.9m | CN¥522.8m | CN¥508.1m | CN¥793.7m | CN¥376.8m | CN¥98.4m | −CN¥593.5m | CN¥804.5m | CN¥1.99bn | CN¥3.57bn |
| Capital spending | −CN¥20.6m | −CN¥32.0m | −CN¥416.2m | −CN¥20.0m | −CN¥18.8m | −CN¥37.8m | −CN¥73.6m | −CN¥15.7m | −CN¥20.4m | −CN¥28.7m |
| Free cash flow | CN¥203.4m | CN¥490.7m | CN¥91.9m | CN¥773.7m | CN¥358.0m | CN¥60.6m | −CN¥667.1m | CN¥788.8m | CN¥1.97bn | CN¥3.54bn |
| Dividends paid | −CN¥316.3m | −CN¥332.3m | −CN¥482.9m | −CN¥201.3m | −CN¥158.4m | −CN¥824.1m | −CN¥860.4m | −CN¥430.1m | −CN¥767.3m | −CN¥577.6m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥202.6m | CN¥332.1m | CN¥225.5m | CN¥228.3m | CN¥540.9m | CN¥392.7m | CN¥383.0m | CN¥429.1m |
| Operating income | CN¥41.3m | CN¥32.5m | −CN¥62.7m | CN¥1.0m | CN¥157.5m | CN¥59.7m | −CN¥308.2m | CN¥136.2m |
| Net income | CN¥26.0m | CN¥5.0m | −CN¥81.6m | −CN¥37.1m | CN¥90.4m | CN¥46.9m | −CN¥188.8m | CN¥102.0m |
| Diluted earnings per share | 0.01 | 0.00 | -0.03 | -0.01 | 0.03 | 0.02 | -0.06 | 0.03 |
| Cash from operations | — | — | — | CN¥72.0m | CN¥10.0m | −CN¥72.0m | CN¥419.0m | CN¥131.0m |
| Capital spending | −CN¥1.0m | — | −CN¥11.0m | −CN¥1.0m | −CN¥6.0m | −CN¥1.0m | −CN¥27.0m | −CN¥1.0m |
| Free cash flow | — | — | — | CN¥71.0m | CN¥4.0m | −CN¥73.0m | CN¥392.0m | CN¥130.0m |
| Total assets | CN¥12.97bn | CN¥12.94bn | CN¥13.12bn | CN¥13.39bn | CN¥13.80bn | CN¥14.33bn | CN¥14.37bn | CN¥14.57bn |
| Cash and short-term investments | — | — | — | CN¥625.9m | CN¥713.4m | CN¥731.1m | CN¥852.6m | CN¥608.3m |
| Debt | CN¥704.7m | CN¥633.7m | CN¥643.3m | CN¥607.1m | CN¥1.32bn | CN¥1.45bn | CN¥1.51bn | CN¥1.43bn |
| Shareholders' equity | CN¥9.18bn | CN¥9.15bn | CN¥9.15bn | CN¥9.35bn | CN¥9.43bn | CN¥9.46bn | CN¥9.41bn | CN¥9.68bn |
Financial ratios
Data as of 12 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | 7.9% | 12.5% | 30.7% | 29.0% | 36.8% | 37.0% |
| Net margin | 1.3% | 7.8% | 8.6% | 16.0% | 20.7% | 24.0% |
| Return on equity | 0.2% | 1.8% | 1.9% | 3.8% | 7.0% | 12.6% |
| Return on assets | 0.1% | 1.1% | 1.2% | 2.3% | 4.0% | 6.6% |
| Free cash flow yield | 3.9% | 8.9% | 14.8% | 13.0% | 6.3% | 2.2% |
| Revenue growth | -34.6% | 0.4% | -5.6% | -25.1% | -32.3% | 12.6% |
| Earnings growth | -88.7% | -9.3% | -49.1% | -42.1% | -41.7% | -14.0% |
| Current ratio | 2.96x | 2.86x | 2.60x | 2.42x | 2.48x | 1.99x |
| Debt to equity | 0.07x | 0.16x | 0.16x | 0.14x | 0.23x | 0.37x |
| Equity ratio | 69.7% | 65.5% | 62.9% | 61.8% | 57.2% | 52.7% |
| Interest coverage | 1.57x | 3.35x | 5.82x | 4.28x | 9.61x | 13.02x |
| Buybacks as a share of market value | -0.0% | 0.1% | -0.1% | 0.1% | -0.1% | -0.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -14.7% | -20.7% | -15.4% |
| Operating income | -36.7% | -41.2% | -22.3% |
| Net income | -62.7% | -55.4% | -32.1% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 10.6% | 15.1% | 25.1% | 26.7% |
| Net margin | 5.2% | 9.2% | 15.7% | 17.7% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 373.7 | 43.4 | 43.2 | 28.0 | 23.1 | 9.8 | 9.4 | 9.4 | 11.4 | 24.5 |
| Price to sales | 5.0 | 3.4 | 3.7 | 4.5 | 4.8 | 2.4 | 3.0 | 3.0 | 2.3 | 3.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 4 years. Last went ex-dividend on 11 Dec 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.07 | 0.08 | 0.12 | 0.07 | 0.30 | 0.30 | 0.10 | 0.20 |
- 13-for-10 split · 16 Jul 2015
- 6-for-5 split · 5 Jun 2009
- 19-for-10 split · 17 Sept 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.