L 
5.11
+0.79%
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¥3.38bn
FY2016FY2025
Net income
CN¥153.8m
FY2016FY2025
Free cash flow
−CN¥309.1m
FY2016FY2025
Shareholders' equity
CN¥4.33bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥3.38bn | CN¥3.33bn | CN¥4.24bn | CN¥2.88bn | CN¥1.88bn | CN¥2.35bn | CN¥1.18bn | CN¥1.15bn | CN¥1.33bn | CN¥891.1m |
| Gross profit | CN¥862.8m | CN¥789.1m | CN¥534.7m | CN¥437.7m | −CN¥666,725 | CN¥386.8m | CN¥247.0m | CN¥299.3m | CN¥420.0m | CN¥258.2m |
| Research and development | CN¥7.5m | CN¥8.4m | CN¥14.7m | CN¥7.0m | CN¥6.3m | CN¥5.4m | CN¥5.3m | CN¥4.8m | CN¥4.7m | CN¥3.4m |
| Operating income | CN¥475.1m | CN¥359.6m | −CN¥99.0m | CN¥121.5m | −CN¥385.9m | CN¥98.6m | CN¥59.6m | CN¥429.0m | CN¥239.6m | CN¥65.6m |
| Net income | CN¥153.8m | CN¥241.8m | −CN¥487.6m | CN¥89.2m | −CN¥422.7m | CN¥102.1m | CN¥30.0m | CN¥388.7m | CN¥153.0m | CN¥79.9m |
| Diluted earnings per share | 0.13 | 0.21 | -0.42 | 0.08 | -0.37 | 0.09 | 0.03 | 0.34 | 0.13 | 0.09 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥9.62bn | CN¥10.43bn | CN¥12.18bn | CN¥12.67bn | CN¥10.93bn | CN¥8.43bn | CN¥6.54bn | CN¥6.32bn | CN¥6.18bn | CN¥6.18bn |
| Cash and short-term investments | — | CN¥1.12bn | CN¥912.4m | CN¥651.4m | CN¥702.7m | CN¥386.5m | CN¥320.1m | CN¥381.3m | CN¥685.4m | CN¥1.14bn |
| Total liabilities | CN¥4.84bn | CN¥5.71bn | CN¥7.76bn | CN¥7.85bn | CN¥6.70bn | CN¥4.14bn | CN¥2.34bn | CN¥2.22bn | CN¥2.51bn | CN¥2.64bn |
| Debt | CN¥871.1m | CN¥1.18bn | CN¥2.51bn | CN¥2.66bn | CN¥2.16bn | CN¥2.26bn | CN¥931.0m | CN¥810.0m | CN¥757.9m | CN¥809.4m |
| Shareholders' equity | CN¥4.33bn | CN¥4.26bn | CN¥4.00bn | CN¥4.33bn | CN¥3.76bn | CN¥4.19bn | CN¥4.09bn | CN¥3.97bn | CN¥3.56bn | CN¥3.43bn |
| Shares outstanding | 1,152m | 1,152m | 1,151m | 1,174m | 1,150m | 1,152m | 1,147m | 1,152m | 1,155m | 880m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −CN¥93.3m | CN¥371.4m | CN¥361.4m | CN¥573.7m | CN¥1.19bn | −CN¥268.2m | −CN¥38.2m | CN¥56.9m | CN¥316.7m | CN¥288.8m |
| Capital spending | −CN¥215.9m | −CN¥243.6m | −CN¥266.0m | −CN¥492.2m | −CN¥825.5m | −CN¥1.07bn | −CN¥181.2m | −CN¥365.5m | −CN¥589.0m | −CN¥481.9m |
| Free cash flow | −CN¥309.1m | CN¥127.8m | CN¥95.5m | CN¥81.5m | CN¥360.4m | −CN¥1.33bn | −CN¥219.3m | −CN¥308.6m | −CN¥272.3m | −CN¥193.1m |
| Dividends paid | −CN¥74.5m | −CN¥129.7m | −CN¥162.8m | −CN¥107.5m | −CN¥89.7m | −CN¥23.0m | −CN¥23.0m | −CN¥28.1m | −CN¥68.3m | −CN¥41.1m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥655.5m | CN¥585.8m | CN¥1.75bn | CN¥544.4m | CN¥633.5m | CN¥450.8m | CN¥463.5m | CN¥741.7m |
| Gross profit | −CN¥23.2m | CN¥31.3m | CN¥639.4m | CN¥74.8m | CN¥72.8m | CN¥75.5m | CN¥276.8m | −CN¥29.3m |
| Operating income | −CN¥120.2m | −CN¥35.5m | CN¥429.9m | CN¥4.9m | CN¥4.8m | CN¥7.2m | CN¥79.1m | CN¥52.0m |
| Net income | −CN¥143.6m | −CN¥165.9m | CN¥151.0m | CN¥9.5m | −CN¥14.8m | CN¥8.1m | −CN¥100.6m | CN¥67.8m |
| Diluted earnings per share | -0.12 | -0.14 | 0.13 | 0.01 | -0.01 | 0.01 | -0.09 | 0.06 |
| Cash from operations | — | — | — | CN¥54.0m | −CN¥76.0m | −CN¥49.0m | — | CN¥151.0m |
| Capital spending | −CN¥10.0m | −CN¥57.0m | −CN¥62.0m | −CN¥53.0m | −CN¥44.0m | −CN¥55.0m | −CN¥69.0m | −CN¥63.0m |
| Free cash flow | — | — | — | CN¥1.0m | −CN¥120.0m | −CN¥104.0m | — | CN¥88.0m |
| Total assets | CN¥9.26bn | CN¥9.57bn | CN¥9.62bn | CN¥10.05bn | CN¥10.04bn | CN¥10.16bn | CN¥10.43bn | CN¥10.11bn |
| Cash and short-term investments | — | — | — | CN¥752.9m | CN¥714.2m | CN¥822.4m | CN¥1.12bn | CN¥1.01bn |
| Debt | CN¥868.1m | CN¥889.3m | CN¥871.1m | CN¥637.2m | CN¥1.08bn | CN¥1.07bn | CN¥1.16bn | CN¥1.12bn |
| Shareholders' equity | CN¥3.98bn | CN¥4.17bn | CN¥4.33bn | CN¥4.22bn | CN¥4.21bn | CN¥4.26bn | CN¥4.26bn | CN¥4.31bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 5.4% | 7.6% | 16.6% |
| Operating income | 57.6% | 37.0% | — |
| Net income | 19.9% | 8.5% | 9.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 24.6% | 19.0% | 16.7% | 18.7% |
| Operating margin | 12.4% | 6.2% | 3.2% | 5.3% |
| Net margin | 5.9% | -0.0% | -1.8% | 1.7% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 67.7 | 31.7 | -13.6 | 93.0 | -19.4 | 101.2 | 387.9 | 28.6 | 60.9 | 78.9 |
| Price to sales | 3.1 | 2.3 | 1.6 | 2.9 | 4.4 | 4.4 | 9.8 | 9.7 | 7.0 | 7.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 3 years. Last went ex-dividend on 21 May 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2020 | FY2019 | FY2017 | FY2015 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.035 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
- 1-to-1 reverse split · 18 Apr 2006
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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