U 
7.05
+0.43%
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¥2.28bn
FY2016FY2025
Net income
−CN¥62.3m
FY2016FY2025
Free cash flow
−CN¥363.5m
FY2016FY2025
Shareholders' equity
CN¥3.27bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥2.28bn | CN¥2.02bn | CN¥2.32bn | CN¥2.56bn | CN¥2.91bn | CN¥2.93bn | CN¥2.78bn | CN¥2.09bn | CN¥2.09bn | CN¥1.21bn |
| Gross profit | CN¥655.3m | CN¥639.4m | CN¥655.5m | CN¥680.0m | CN¥949.2m | CN¥856.9m | CN¥799.4m | CN¥617.6m | CN¥603.9m | CN¥208.7m |
| Research and development | CN¥216.1m | CN¥200.0m | CN¥236.3m | CN¥216.6m | CN¥236.0m | CN¥246.6m | CN¥190.9m | CN¥149.5m | CN¥122.7m | CN¥14.9m |
| Operating income | CN¥158.8m | CN¥49.0m | CN¥73.2m | CN¥92.6m | CN¥238.3m | −CN¥36.9m | CN¥91.9m | CN¥34.4m | CN¥155.8m | −CN¥184.4m |
| Net income | −CN¥62.3m | CN¥24.4m | CN¥57.5m | CN¥56.4m | CN¥200.6m | CN¥56.4m | CN¥133.9m | CN¥27.0m | CN¥60.2m | −CN¥108.8m |
| Diluted earnings per share | -0.10 | 0.04 | 0.13 | 0.15 | 0.36 | 0.06 | 0.23 | 0.05 | 0.11 | -0.24 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥9.49bn | CN¥9.32bn | CN¥7.51bn | CN¥7.31bn | CN¥7.27bn | CN¥6.15bn | CN¥7.33bn | CN¥6.47bn | CN¥6.02bn | CN¥4.01bn |
| Cash and short-term investments | — | CN¥1.97bn | CN¥1.03bn | CN¥1.31bn | CN¥1.08bn | CN¥707.1m | CN¥964.6m | CN¥910.8m | CN¥879.3m | CN¥558.8m |
| Total liabilities | CN¥5.69bn | CN¥5.43bn | CN¥4.42bn | CN¥4.27bn | CN¥4.48bn | CN¥3.62bn | CN¥4.83bn | CN¥4.03bn | CN¥3.62bn | CN¥2.88bn |
| Debt | CN¥1.66bn | CN¥1.84bn | CN¥1.67bn | CN¥1.72bn | CN¥1.74bn | CN¥1.49bn | CN¥2.33bn | CN¥2.16bn | CN¥1.92bn | CN¥1.50bn |
| Shareholders' equity | CN¥3.27bn | CN¥3.41bn | CN¥2.83bn | CN¥2.77bn | CN¥2.67bn | CN¥2.46bn | CN¥2.43bn | CN¥2.34bn | CN¥2.30bn | CN¥1.12bn |
| Shares outstanding | 647m | 605m | 446m | 389m | 565m | 877m | 587m | 502m | 559m | 446m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥149.6m | CN¥203.2m | CN¥137.5m | CN¥339.5m | CN¥337.4m | CN¥42.8m | CN¥347.9m | CN¥155.4m | CN¥23.6m | −CN¥270.0m |
| Capital spending | −CN¥513.1m | −CN¥583.0m | −CN¥460.1m | −CN¥216.8m | −CN¥326.2m | −CN¥157.2m | −CN¥201.1m | −CN¥301.8m | −CN¥113.3m | −CN¥62.2m |
| Free cash flow | −CN¥363.5m | −CN¥379.8m | −CN¥322.6m | CN¥122.7m | CN¥11.2m | −CN¥114.4m | CN¥146.8m | −CN¥146.4m | −CN¥89.7m | −CN¥332.2m |
| Dividends paid | −CN¥87.7m | −CN¥92.1m | −CN¥78.8m | −CN¥27.2m | −CN¥126.2m | −CN¥111.2m | −CN¥133.9m | −CN¥115.5m | −CN¥101.6m | −CN¥69.4m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥533.4m | CN¥352.0m | CN¥838.4m | CN¥757.6m | CN¥468.3m | CN¥220.2m | CN¥923.8m | CN¥494.8m |
| Gross profit | CN¥157.6m | CN¥95.1m | CN¥267.8m | CN¥226.6m | CN¥108.7m | CN¥52.2m | CN¥308.6m | CN¥177.4m |
| Operating income | CN¥34.7m | −CN¥12.3m | CN¥106.3m | CN¥60.1m | −CN¥22.7m | −CN¥51.5m | CN¥140.0m | CN¥10.6m |
| Net income | CN¥16.9m | −CN¥33.2m | −CN¥16.0m | CN¥20.5m | −CN¥16.7m | −CN¥50.0m | CN¥111.6m | CN¥1.4m |
| Diluted earnings per share | 0.03 | -0.05 | -0.02 | 0.03 | -0.03 | -0.08 | 0.18 | 0.00 |
| Cash from operations | — | — | — | CN¥63.0m | −CN¥168.0m | −CN¥292.0m | CN¥820.0m | −CN¥131.0m |
| Capital spending | −CN¥108.0m | −CN¥96.0m | −CN¥130.0m | −CN¥113.0m | −CN¥92.0m | −CN¥176.0m | −CN¥179.0m | −CN¥106.0m |
| Free cash flow | — | — | — | −CN¥50.0m | −CN¥260.0m | −CN¥468.0m | CN¥641.0m | −CN¥237.0m |
| Total assets | CN¥9.55bn | CN¥9.35bn | CN¥9.49bn | CN¥9.25bn | CN¥9.12bn | CN¥8.89bn | CN¥9.32bn | CN¥8.30bn |
| Cash and short-term investments | — | — | — | CN¥1.31bn | CN¥1.42bn | CN¥1.45bn | CN¥1.97bn | CN¥1.21bn |
| Debt | CN¥1.35bn | CN¥1.56bn | CN¥1.66bn | CN¥1.57bn | CN¥2.20bn | CN¥1.81bn | CN¥1.82bn | CN¥1.81bn |
| Shareholders' equity | CN¥3.24bn | CN¥3.22bn | CN¥3.27bn | CN¥3.30bn | CN¥3.30bn | CN¥3.34bn | CN¥3.41bn | CN¥3.29bn |
Financial ratios
Data as of 14 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 28.7% | 31.6% | 28.2% | 26.6% | 32.7% | 29.3% |
| Operating margin | 2.9% | 6.5% | 5.9% | 7.2% | 12.4% | 4.5% |
| Net margin | -2.7% | 1.2% | 2.5% | 2.2% | 6.9% | 1.9% |
| Return on equity | -1.9% | 0.7% | 2.0% | 2.0% | 7.5% | 2.3% |
| Return on assets | -0.7% | 0.3% | 0.8% | 0.8% | 2.8% | 0.9% |
| Free cash flow yield | 13.9% | 17.6% | 18.1% | 19.4% | 15.9% | 3.1% |
| Revenue growth | 12.9% | -13.0% | -9.2% | -11.9% | -0.7% | 5.4% |
| Earnings growth | -355.6% | -57.7% | 2.0% | -71.9% | 255.5% | -57.8% |
| Current ratio | 1.27x | 1.27x | 1.32x | 1.29x | 1.30x | 1.15x |
| Debt to equity | 0.51x | 0.53x | 0.59x | 0.61x | 0.56x | 0.40x |
| Equity ratio | 34.4% | 36.6% | 37.7% | 37.9% | 36.8% | 39.9% |
| Interest coverage | 0.77x | 1.57x | 2.08x | 2.00x | 2.95x | 1.03x |
| R&D as a share of sales | 9.5% | 9.9% | 10.2% | 8.5% | 8.1% | 8.4% |
| Buybacks as a share of market value | -6.8% | -35.7% | -14.7% | 31.2% | 35.5% | -49.4% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -3.7% | -4.8% | 2.2% |
| Operating income | 19.7% | — | 25.1% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 30.1% | 28.6% | 29.5% | 28.2% |
| Operating margin | 4.8% | 4.1% | 3.8% | 2.8% |
| Net margin | -0.9% | 0.8% | 2.2% | 1.9% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -93.3 | 215.4 | 67.1 | 47.0 | 26.1 | 99.1 | 29.4 | 108.8 | 102.7 | -71.9 |
| Price to sales | 2.5 | 2.6 | 1.7 | 1.0 | 1.8 | 1.9 | 1.4 | 1.4 | 3.0 | 6.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 14 Oct 2024.
| FY2024 | FY2022 | FY2010 | FY2002 | FY2001 | FY2000 | |
|---|---|---|---|---|---|---|
| Paid in the year | 0.015 | 0.05 | 0.066 | 0.064 | 0.064 | 0.036 |
- 7-for-5 split · 21 Jun 2018
- 2-for-1 split · 11 Sept 2009
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.