N 
38.80
-0.46%
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¥1.54bn
FY2016FY2025
Net income
CN¥258.3m
FY2016FY2025
Free cash flow
−CN¥834.1m
FY2016FY2025
Shareholders' equity
CN¥2.77bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.54bn | CN¥1.28bn | CN¥1.11bn | CN¥986.2m | CN¥794.7m | CN¥676.4m | CN¥601.1m | CN¥1.10bn | CN¥945.1m | CN¥871.1m |
| Gross profit | CN¥284.4m | CN¥238.5m | CN¥203.3m | CN¥159.9m | CN¥150.8m | CN¥110.5m | CN¥76.2m | CN¥165.2m | −CN¥10.9m | −CN¥10.8m |
| Research and development | CN¥25.0m | CN¥34.4m | CN¥38.7m | CN¥42.6m | CN¥33.0m | CN¥22.4m | CN¥24.1m | CN¥13.3m | CN¥28.6m | CN¥31.2m |
| Operating income | CN¥266.9m | CN¥210.4m | CN¥192.7m | CN¥174.5m | CN¥83.5m | CN¥49.8m | CN¥58.4m | CN¥31.6m | −CN¥383.9m | CN¥155.6m |
| Net income | CN¥258.3m | CN¥213.2m | CN¥187.1m | CN¥170.6m | CN¥80.8m | CN¥49.3m | CN¥41.2m | CN¥29.9m | −CN¥380.0m | CN¥29.0m |
| Diluted earnings per share | 0.51 | 0.42 | 0.37 | 0.39 | 0.18 | 0.11 | 0.09 | 0.07 | -0.86 | 0.07 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥3.94bn | CN¥3.06bn | CN¥2.82bn | CN¥2.00bn | CN¥1.63bn | CN¥1.52bn | CN¥1.65bn | CN¥1.81bn | CN¥2.04bn | CN¥2.82bn |
| Cash and short-term investments | — | CN¥502.7m | CN¥793.4m | CN¥249.2m | CN¥114.0m | CN¥101.7m | CN¥299.4m | CN¥269.6m | CN¥306.1m | CN¥526.3m |
| Total liabilities | CN¥1.16bn | CN¥454.2m | CN¥408.5m | CN¥494.1m | CN¥339.2m | CN¥304.7m | CN¥471.8m | CN¥674.9m | CN¥933.5m | CN¥1.33bn |
| Debt | CN¥446.8m | CN¥185.7m | CN¥1.5m | CN¥158.1m | CN¥111.4m | CN¥125.0m | CN¥305.0m | CN¥309.9m | CN¥740.0m | CN¥702.1m |
| Shareholders' equity | CN¥2.77bn | CN¥2.59bn | CN¥2.40bn | CN¥1.50bn | CN¥1.29bn | CN¥1.21bn | CN¥1.17bn | CN¥1.13bn | CN¥1.11bn | CN¥1.48bn |
| Shares outstanding | 504m | 503m | 504m | 441m | 440m | 441m | 439m | 439m | 441m | 441m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −CN¥365.4m | −CN¥61.1m | CN¥91.5m | CN¥60.7m | CN¥43.2m | −CN¥6.9m | CN¥230.0m | CN¥62.4m | CN¥236.0m | CN¥343.1m |
| Capital spending | −CN¥468.6m | −CN¥218.6m | −CN¥133.4m | −CN¥54.7m | −CN¥975,049 | −CN¥1.6m | −CN¥1.6m | −CN¥5.5m | −CN¥1.8m | −CN¥6.6m |
| Free cash flow | −CN¥834.1m | −CN¥279.7m | −CN¥41.9m | CN¥6.0m | CN¥42.2m | −CN¥8.5m | CN¥228.4m | CN¥57.0m | CN¥234.2m | CN¥336.4m |
| Dividends paid | −CN¥66.3m | −CN¥27.8m | −CN¥2.1m | −CN¥2.8m | −CN¥2.1m | −CN¥6.6m | −CN¥15.5m | −CN¥26.5m | −CN¥34.4m | −CN¥51.7m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥562.8m | CN¥477.0m | CN¥344.5m | CN¥401.8m | CN¥458.7m | CN¥338.1m | CN¥385.5m | CN¥302.5m |
| Gross profit | CN¥124.8m | CN¥71.0m | CN¥67.4m | CN¥67.5m | CN¥97.3m | CN¥52.3m | CN¥65.6m | CN¥53.9m |
| Operating income | CN¥84.4m | CN¥47.7m | CN¥39.9m | CN¥62.9m | CN¥89.6m | CN¥56.6m | CN¥54.3m | CN¥44.1m |
| Net income | CN¥67.9m | CN¥54.3m | CN¥50.0m | CN¥63.5m | CN¥88.2m | CN¥56.5m | CN¥57.1m | CN¥44.0m |
| Diluted earnings per share | 0.13 | 0.11 | 0.10 | 0.13 | 0.18 | 0.11 | 0.11 | 0.09 |
| Cash from operations | — | — | — | −CN¥179.0m | −CN¥31.0m | −CN¥28.0m | CN¥96.0m | CN¥42.0m |
| Capital spending | −CN¥124.0m | −CN¥67.0m | −CN¥197.0m | −CN¥169.0m | −CN¥53.0m | −CN¥48.0m | −CN¥70.0m | −CN¥63.0m |
| Free cash flow | — | — | — | −CN¥348.0m | −CN¥84.0m | −CN¥76.0m | CN¥26.0m | −CN¥21.0m |
| Total assets | CN¥5.58bn | CN¥5.26bn | CN¥3.94bn | CN¥3.58bn | CN¥3.36bn | CN¥3.21bn | CN¥3.06bn | CN¥3.00bn |
| Cash and short-term investments | — | — | — | CN¥267.3m | CN¥395.8m | CN¥428.8m | CN¥502.7m | CN¥505.4m |
| Debt | CN¥585.2m | CN¥485.8m | CN¥446.8m | CN¥236.1m | CN¥43.0m | CN¥137.4m | CN¥185.7m | CN¥94.6m |
| Shareholders' equity | CN¥4.02bn | CN¥4.00bn | CN¥2.77bn | CN¥2.75bn | CN¥2.71bn | CN¥2.65bn | CN¥2.59bn | CN¥2.56bn |
Financial ratios
Data as of 24 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Gross margin | 18.4% | 18.6% | 18.3% | 16.2% | 19.0% | 16.3% | — |
| Operating margin | 17.3% | 16.4% | 17.4% | 17.7% | 10.5% | 7.4% | — |
| Net margin | 16.7% | 16.7% | 16.9% | 17.3% | 10.2% | 7.3% | — |
| Return on equity | 9.3% | 8.2% | 7.8% | 11.4% | 6.3% | 4.1% | — |
| Return on assets | 6.5% | 7.0% | 6.6% | 8.5% | 4.9% | 3.2% | — |
| Free cash flow yield | 0.4% | 0.5% | 0.8% | 0.4% | 0.2% | -0.0% | — |
| Revenue growth | 20.5% | 15.6% | 12.4% | 24.1% | 17.5% | 12.5% | — |
| Earnings growth | 21.1% | 13.9% | 9.7% | 111.1% | 63.9% | 19.8% | — |
| Current ratio | 2.88x | 3.93x | 4.80x | 3.67x | 4.26x | 2.50x | — |
| Debt to equity | 0.16x | 0.07x | — | 0.14x | 0.10x | 0.10x | 0.26x |
| Equity ratio | 70.2% | 84.7% | 85.0% | 74.8% | 78.8% | 79.7% | — |
| Interest coverage | 93.56x | 133.29x | 57.52x | 45.18x | 29.91x | 9.20x | — |
| R&D as a share of sales | 1.6% | 2.7% | 3.5% | 4.3% | 4.2% | 3.3% | — |
| Buybacks as a share of market value | -0.1% | 0.2% | -14.3% | -0.2% | 0.3% | -0.5% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 16.1% | 17.9% | 3.6% |
| Operating income | 15.2% | 39.9% | — |
| Net income | 14.8% | 39.3% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 18.5% | 18.0% | 18.0% | 9.0% |
| Operating margin | 16.9% | 17.2% | 15.3% | 1.2% |
| Net margin | 16.7% | 16.9% | 15.0% | 0.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 64.5 | 32.3 | 33.4 | 23.0 | 64.2 | 78.9 | 74.7 | 90.0 | -9.9 | 180.2 |
| Price to sales | 10.8 | 5.4 | 5.6 | 4.0 | 6.5 | 5.8 | 5.1 | 2.5 | 4.0 | 6.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 2 years. Last went ex-dividend on 23 Jun 2026.
| FY2026 | FY2025 | FY2024 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.111 | 0.127 | 0.055 | 0.03 | 0.04 | 0.06 | 0.046 | 0.046 |
- 1-to-1 reverse split · 16 Mar 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.