E 
38.68
+3.64%
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¥4.58bn
FY2015FY2025
Net income
CN¥65.4m
FY2015FY2025
Free cash flow
−CN¥737.4m
FY2015FY2025
Shareholders' equity
CN¥2.11bn
FY2015FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥4.58bn | CN¥3.18bn | CN¥2.59bn | CN¥2.75bn | CN¥3.39bn | CN¥1.91bn | CN¥1.11bn | CN¥1.06bn | CN¥64.2m | CN¥20.7m |
| Gross profit | CN¥625.5m | CN¥456.5m | CN¥435.0m | CN¥502.1m | CN¥562.3m | CN¥386.6m | CN¥234.8m | CN¥168.1m | CN¥29.4m | CN¥7.9m |
| Research and development | CN¥258.3m | CN¥238.9m | CN¥175.4m | CN¥149.3m | CN¥143.2m | CN¥82.5m | CN¥64.1m | CN¥57.3m | — | — |
| Operating income | CN¥130.8m | CN¥10.9m | CN¥118.7m | CN¥206.3m | CN¥244.0m | CN¥199.8m | CN¥61.5m | CN¥5.8m | CN¥11.7m | CN¥1.1m |
| Net income | CN¥65.4m | CN¥34.1m | CN¥128.8m | CN¥197.2m | CN¥227.0m | CN¥184.5m | CN¥58.2m | CN¥6.1m | CN¥10.6m | CN¥1.4m |
| Diluted earnings per share | 0.49 | 0.23 | 0.92 | 1.88 | 1.70 | 1.38 | 0.44 | 0.05 | 0.87 | 0.12 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥4.22bn | CN¥3.11bn | CN¥2.85bn | CN¥1.75bn | CN¥1.58bn | CN¥1.08bn | CN¥505.4m | CN¥438.4m | CN¥45.9m | CN¥23.0m |
| Cash and short-term investments | — | CN¥1.30bn | CN¥1.36bn | CN¥497.4m | CN¥565.0m | CN¥377.3m | CN¥157.9m | CN¥112.6m | CN¥8.4m | CN¥9.8m |
| Total liabilities | CN¥2.08bn | CN¥1.05bn | CN¥776.7m | CN¥840.7m | CN¥869.1m | CN¥552.8m | CN¥263.3m | CN¥255.0m | CN¥19.8m | CN¥7.6m |
| Debt | CN¥20.4m | CN¥160.6m | CN¥14.2m | CN¥258.1m | CN¥79.4m | CN¥3.8m | CN¥9.0m | CN¥32.5m | — | — |
| Shareholders' equity | CN¥2.11bn | CN¥2.06bn | CN¥2.07bn | CN¥907.5m | CN¥708.1m | CN¥525.9m | CN¥242.2m | CN¥183.5m | CN¥26.1m | CN¥15.4m |
| Shares outstanding | 134m | 148m | 141m | 105m | 134m | 134m | 134m | 134m | 12m | 12m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −CN¥622.3m | −CN¥20.0m | CN¥153.0m | −CN¥24.8m | CN¥260.8m | CN¥177.6m | CN¥107.0m | CN¥22.4m | CN¥1.2m | −CN¥1.0m |
| Capital spending | −CN¥115.0m | −CN¥135.0m | −CN¥149.2m | −CN¥200.5m | −CN¥77.9m | −CN¥66.2m | −CN¥12.4m | −CN¥18.0m | −CN¥2.7m | −CN¥928,444 |
| Free cash flow | −CN¥737.4m | −CN¥155.1m | CN¥3.8m | −CN¥225.3m | CN¥182.9m | CN¥111.4m | CN¥94.6m | CN¥4.4m | −CN¥1.5m | −CN¥1.9m |
| Dividends paid | −CN¥13.4m | −CN¥47.5m | −CN¥75.5m | −CN¥6.4m | −CN¥51.4m | −CN¥31.2m | −CN¥31.7m | −CN¥11.8m | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.61bn | CN¥1.13bn | CN¥1.73bn | CN¥1.33bn | CN¥971.8m | CN¥547.9m | CN¥885.0m | CN¥1.02bn |
| Gross profit | CN¥251.6m | CN¥159.8m | CN¥263.0m | CN¥162.0m | CN¥107.1m | CN¥93.4m | CN¥111.0m | CN¥141.9m |
| Operating income | CN¥98.2m | CN¥26.0m | CN¥91.9m | −CN¥13.3m | CN¥998,140 | CN¥52,134 | CN¥5.7m | CN¥11.0m |
| Net income | CN¥152.8m | CN¥42.9m | CN¥58.4m | −CN¥4.4m | CN¥13.0m | −CN¥1.6m | CN¥13.1m | CN¥15.2m |
| Diluted earnings per share | 1.14 | 0.32 | 0.44 | -0.03 | 0.10 | -0.01 | 0.09 | 0.10 |
| Cash from operations | — | — | — | −CN¥103.0m | −CN¥232.0m | −CN¥84.0m | — | CN¥74.0m |
| Capital spending | −CN¥24.0m | −CN¥30.0m | −CN¥53.0m | −CN¥20.0m | −CN¥25.0m | −CN¥15.0m | −CN¥39.0m | −CN¥28.0m |
| Free cash flow | — | — | — | −CN¥123.0m | −CN¥257.0m | −CN¥99.0m | — | CN¥46.0m |
| Total assets | CN¥4.77bn | CN¥4.25bn | CN¥4.22bn | CN¥3.90bn | CN¥3.73bn | CN¥2.96bn | CN¥3.11bn | CN¥3.35bn |
| Cash and short-term investments | — | — | — | CN¥1.32bn | CN¥1.35bn | CN¥1.17bn | CN¥1.30bn | CN¥1.36bn |
| Debt | CN¥66.1m | CN¥62.3m | CN¥20.4m | CN¥654.5m | CN¥426.7m | CN¥73.8m | CN¥153.6m | CN¥452.9m |
| Shareholders' equity | CN¥2.25bn | CN¥2.11bn | CN¥2.11bn | CN¥2.07bn | CN¥2.07bn | CN¥2.06bn | CN¥2.06bn | CN¥2.05bn |
Financial ratios
Data as of 12 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 13.6% | 14.4% | 16.8% | 18.2% | 16.6% | 20.2% | — | — | — |
| Operating margin | 1.1% | 0.5% | 4.7% | 7.7% | 7.3% | 10.8% | — | — | — |
| Net margin | 1.4% | 1.1% | 5.0% | 7.2% | 6.7% | 9.7% | — | — | — |
| Return on equity | 3.1% | 1.7% | 6.2% | 21.7% | 32.0% | 35.1% | — | — | — |
| Return on assets | 1.5% | 1.1% | 4.5% | 11.2% | 14.4% | 17.1% | — | — | — |
| Free cash flow yield | -8.2% | 1.7% | 4.7% | 3.6% | — | — | — | 0.7% | -0.0% |
| Revenue growth | 44.2% | 22.6% | -5.8% | -18.8% | 77.5% | 72.3% | — | — | — |
| Earnings growth | 91.8% | -73.5% | -34.7% | -13.1% | 23.0% | 217.1% | — | — | — |
| Current ratio | 1.75x | 2.50x | 3.00x | 2.24x | 1.69x | 1.81x | — | — | — |
| Debt to equity | 0.01x | 0.07x | 0.01x | 0.27x | 0.08x | 0.01x | — | — | — |
| Equity ratio | 50.0% | 66.2% | 72.6% | 51.8% | 44.9% | 48.7% | — | — | — |
| Interest coverage | 10.78x | 4.13x | 64.10x | 59.97x | 78.20x | 256.68x | — | — | — |
| R&D as a share of sales | 5.6% | 7.5% | 6.8% | 5.4% | 4.2% | 4.3% | — | — | — |
| Buybacks as a share of market value | 9.7% | -5.1% | -33.9% | -695.1% | — | — | -8.5% | 1.7% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 18.5% | 19.1% | 76.2% |
| Operating income | -14.1% | -8.1% | 51.3% |
| Net income | -30.8% | -18.7% | 43.3% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 13.9% | 15.4% | 16.1% | 16.5% |
| Operating margin | 1.8% | 3.6% | 4.9% | 4.8% |
| Net margin | 1.3% | 3.2% | 4.5% | 4.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | |
|---|---|---|---|
| Price to earnings | 91.6 | 225.1 | 78.6 |
| Price to sales | 1.3 | 2.4 | 3.9 |
Dividends and splits
Per share, in the currency the company pays
Paid for 3 years. Last went ex-dividend on 2 Jun 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Paid in the year | 0.18 | 0.091 | 0.331 | 0.50 |
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.