H 
15.28
-1.55%
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¥445.9m
FY2018FY2025
Net income
CN¥38.5m
FY2018FY2025
Free cash flow
−CN¥9.7m
FY2018FY2025
Shareholders' equity
CN¥808.6m
FY2018FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥445.9m | CN¥401.7m | CN¥457.7m | CN¥570.4m | CN¥586.5m | CN¥401.3m | CN¥258.2m | CN¥191.5m |
| Gross profit | CN¥155.4m | CN¥152.9m | CN¥156.5m | CN¥187.2m | CN¥204.6m | CN¥157.8m | CN¥99.0m | CN¥62.1m |
| Research and development | CN¥24.3m | CN¥25.7m | CN¥26.7m | CN¥29.8m | CN¥26.7m | CN¥17.5m | CN¥9.8m | CN¥7.9m |
| Operating income | CN¥64.2m | CN¥30.9m | CN¥44.1m | CN¥72.9m | CN¥97.7m | CN¥87.8m | CN¥37.7m | CN¥21.5m |
| Net income | CN¥38.5m | CN¥28.3m | CN¥37.9m | CN¥64.8m | CN¥84.2m | CN¥74.2m | CN¥31.6m | CN¥18.0m |
| Diluted earnings per share | 0.48 | 0.34 | 0.46 | 0.80 | 1.41 | 0.93 | 0.39 | 0.22 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥1.36bn | CN¥1.29bn | CN¥1.15bn | CN¥1.05bn | CN¥853.1m | CN¥593.0m | CN¥319.9m | CN¥227.0m |
| Cash and short-term investments | — | CN¥234.1m | CN¥314.0m | CN¥413.5m | CN¥258.7m | CN¥212.7m | CN¥79.6m | CN¥30.4m |
| Total liabilities | CN¥553.0m | CN¥510.6m | CN¥378.8m | CN¥308.6m | CN¥554.6m | CN¥433.8m | CN¥228.2m | CN¥173.6m |
| Debt | CN¥85.4m | CN¥65.8m | CN¥40.7m | CN¥11.2m | CN¥58.2m | CN¥31.1m | CN¥2.6m | CN¥200,000 |
| Shareholders' equity | CN¥808.6m | CN¥782.0m | CN¥774.2m | CN¥746.0m | CN¥298.6m | CN¥159.2m | CN¥91.7m | CN¥53.4m |
| Shares outstanding | 80m | 84m | 83m | 81m | 60m | 80m | 80m | 80m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥49.2m | CN¥52.2m | CN¥11.0m | −CN¥63.0m | CN¥43.6m | CN¥63.6m | CN¥21.9m | CN¥22.2m |
| Capital spending | −CN¥58.9m | −CN¥102.8m | −CN¥50.8m | −CN¥16.0m | −CN¥38.6m | −CN¥17.3m | −CN¥5.5m | −CN¥3.4m |
| Free cash flow | −CN¥9.7m | −CN¥50.5m | −CN¥39.9m | −CN¥79.0m | CN¥5.0m | CN¥46.3m | CN¥16.4m | CN¥18.8m |
| Dividends paid | −CN¥14.6m | −CN¥12.3m | −CN¥10.5m | −CN¥851,171 | −CN¥794,122 | −CN¥8.0m | −CN¥15,340 | −CN¥9,563 |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥106.4m | CN¥49.3m | CN¥216.4m | CN¥113.0m | CN¥92.4m | CN¥24.2m | CN¥129.9m | CN¥79.0m |
| Gross profit | CN¥40.9m | CN¥16.3m | CN¥78.4m | CN¥35.3m | CN¥33.0m | CN¥8.7m | CN¥59.9m | CN¥28.8m |
| Operating income | CN¥15.5m | −CN¥1.3m | CN¥42.7m | CN¥7.5m | CN¥11.0m | CN¥3.2m | CN¥6.2m | CN¥3.6m |
| Net income | CN¥6.5m | CN¥10.6m | CN¥18.8m | CN¥6.4m | CN¥9.4m | CN¥3.9m | CN¥6.7m | CN¥2.9m |
| Diluted earnings per share | 0.08 | 0.13 | 0.24 | 0.08 | 0.12 | 0.05 | 0.08 | 0.03 |
| Cash from operations | — | — | — | CN¥11.0m | −CN¥6.0m | CN¥20.0m | CN¥11.0m | CN¥9.0m |
| Capital spending | −CN¥3.0m | −CN¥5.0m | −CN¥7.0m | −CN¥8.0m | −CN¥6.0m | −CN¥35.0m | −CN¥40.0m | −CN¥27.0m |
| Free cash flow | — | — | — | CN¥3.0m | −CN¥12.0m | −CN¥15.0m | −CN¥29.0m | −CN¥18.0m |
| Total assets | CN¥1.30bn | CN¥1.33bn | CN¥1.36bn | CN¥1.32bn | CN¥1.28bn | CN¥1.34bn | CN¥1.29bn | CN¥1.23bn |
| Cash and short-term investments | — | — | — | CN¥216.8m | CN¥231.3m | CN¥313.9m | CN¥234.1m | CN¥233.7m |
| Debt | CN¥85.4m | CN¥85.4m | CN¥85.4m | CN¥60.8m | CN¥108.6m | CN¥159.7m | CN¥64.6m | CN¥60.0m |
| Shareholders' equity | CN¥825.7m | CN¥819.2m | CN¥808.6m | CN¥792.1m | CN¥795.3m | CN¥785.9m | CN¥782.0m | CN¥777.7m |
Financial ratios
Data as of 30 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 34.8% | 38.1% | 34.2% | 32.8% | 34.9% | 39.3% |
| Operating margin | 9.5% | 7.8% | 9.6% | 12.9% | 17.2% | 21.9% |
| Net margin | 8.6% | 7.1% | 8.3% | 11.4% | 14.4% | 18.5% |
| Return on equity | 4.8% | 3.6% | 4.9% | 8.7% | 28.2% | 46.6% |
| Return on assets | 2.8% | 2.2% | 3.3% | 6.1% | 9.9% | 12.5% |
| Free cash flow yield | 9.0% | 12.4% | 5.0% | -3.9% | 9.2% | — |
| Revenue growth | 11.0% | -12.2% | -19.8% | -2.8% | 46.2% | 55.4% |
| Earnings growth | 36.0% | -25.3% | -41.5% | -23.0% | 13.6% | 134.7% |
| Current ratio | 1.74x | 1.82x | 2.50x | 2.96x | 1.42x | 1.29x |
| Debt to equity | 0.11x | 0.08x | 0.05x | 0.01x | 0.17x | 0.20x |
| Equity ratio | 59.4% | 60.5% | 67.1% | 70.7% | 35.0% | 26.8% |
| Interest coverage | 35.58x | 98.08x | 144.92x | 52.92x | 26.00x | 32.09x |
| R&D as a share of sales | 5.5% | 6.4% | 5.8% | 5.2% | 4.5% | 4.3% |
| Buybacks as a share of market value | 4.4% | -0.5% | -2.6% | -35.6% | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -7.9% | 2.1% | — |
| Operating income | -4.2% | -6.1% | — |
| Net income | -15.9% | -12.3% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 36.4% | 34.8% | 35.4% | — |
| Operating margin | 11.2% | 11.3% | 13.9% | — |
| Net margin | 7.9% | 9.0% | 11.5% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Price to earnings | 39.1 | 40.0 | 48.5 | 23.8 |
| Price to sales | 3.4 | 2.8 | 4.0 | 2.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 3 years. Last went ex-dividend on 23 Oct 2025.
| FY2025 | FY2024 | FY2023 | |
|---|---|---|---|
| Paid in the year | 0.023 | 0.10 | 0.092 |
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.