G 
5.22
+2.35%
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¥788.1m
FY2016FY2025
Net income
−CN¥232.2m
FY2016FY2025
Free cash flow
CN¥61.7m
FY2016FY2025
Shareholders' equity
CN¥1.98bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥788.1m | CN¥982.5m | CN¥803.2m | CN¥989.8m | CN¥2.21bn | CN¥1.68bn | CN¥1.41bn | CN¥1.40bn | CN¥1.15bn | CN¥817.9m |
| Gross profit | CN¥81.7m | CN¥69.5m | CN¥101.8m | CN¥121.0m | CN¥270.9m | CN¥407.5m | CN¥417.6m | CN¥471.9m | CN¥410.6m | CN¥214.6m |
| Research and development | CN¥38.6m | CN¥45.2m | CN¥40.2m | CN¥56.8m | CN¥82.2m | CN¥68.6m | CN¥78.1m | CN¥74.6m | CN¥45.9m | CN¥39.3m |
| Operating income | −CN¥59.1m | −CN¥211.3m | −CN¥31.1m | CN¥32.0m | −CN¥413.0m | −CN¥36.4m | CN¥174.0m | CN¥198.4m | CN¥152.0m | CN¥21.9m |
| Net income | −CN¥232.2m | −CN¥208.6m | −CN¥30.6m | CN¥37.8m | −CN¥469.1m | −CN¥160.4m | CN¥20.9m | CN¥54.5m | CN¥63.7m | CN¥31.5m |
| Diluted earnings per share | -0.11 | -0.09 | -0.01 | 0.02 | -0.22 | -0.07 | 0.01 | 0.02 | 0.03 | 0.01 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥3.83bn | CN¥4.24bn | CN¥4.20bn | CN¥4.39bn | CN¥4.65bn | CN¥6.00bn | CN¥5.75bn | CN¥7.10bn | CN¥7.02bn | CN¥4.76bn |
| Cash and short-term investments | — | CN¥201.5m | CN¥388.0m | CN¥208.6m | CN¥144.4m | CN¥282.5m | CN¥288.6m | CN¥973.1m | CN¥931.7m | CN¥567.5m |
| Total liabilities | CN¥1.85bn | CN¥2.02bn | CN¥1.76bn | CN¥1.92bn | CN¥2.21bn | CN¥2.61bn | CN¥2.14bn | CN¥3.60bn | CN¥3.62bn | CN¥1.68bn |
| Debt | CN¥214.5m | CN¥1.15bn | CN¥1.13bn | CN¥1.33bn | CN¥1.41bn | CN¥1.82bn | CN¥1.21bn | CN¥2.78bn | CN¥2.71bn | CN¥1.17bn |
| Shareholders' equity | CN¥1.98bn | CN¥2.22bn | CN¥2.43bn | CN¥2.46bn | CN¥2.43bn | CN¥2.91bn | CN¥3.07bn | CN¥3.06bn | CN¥3.01bn | CN¥2.95bn |
| Shares outstanding | 2,201m | 2,309m | 2,233m | 2,225m | 2,148m | 2,196m | 2,199m | 2,182m | 2,170m | 2,135m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥238.2m | −CN¥114.7m | −CN¥116.9m | CN¥45.0m | CN¥303.4m | CN¥113.3m | CN¥448.4m | CN¥449.3m | CN¥358.9m | CN¥240.9m |
| Capital spending | −CN¥176.5m | −CN¥231.0m | −CN¥482.5m | −CN¥464.0m | −CN¥316.2m | −CN¥223.4m | −CN¥103.4m | −CN¥208.0m | −CN¥303.6m | −CN¥199.4m |
| Free cash flow | CN¥61.7m | −CN¥345.7m | −CN¥599.4m | −CN¥419.0m | −CN¥12.8m | −CN¥110.0m | CN¥345.0m | CN¥241.4m | CN¥55.3m | CN¥41.5m |
| Dividends paid | −CN¥63.0m | −CN¥68.6m | −CN¥70.4m | −CN¥76.2m | −CN¥88.7m | −CN¥2.2m | −CN¥2.2m | −CN¥118.9m | −CN¥100.3m | −CN¥83.0m |
Latest quarters
By quarter end
| Sept 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥109.4m | CN¥121.8m | CN¥117.6m | CN¥191.9m | CN¥184.4m | CN¥219.2m | CN¥192.6m | CN¥94.4m |
| Gross profit | −CN¥716,544 | CN¥8.5m | CN¥12.3m | CN¥6.7m | CN¥25.0m | CN¥29.6m | CN¥20.4m | −CN¥90.2m |
| Operating income | −CN¥30.1m | −CN¥19.6m | −CN¥15.0m | −CN¥30.0m | −CN¥31.0m | −CN¥34.1m | −CN¥31.6m | −CN¥210.8m |
| Net income | −CN¥51.2m | −CN¥38.4m | −CN¥35.8m | −CN¥142.7m | −CN¥33.2m | −CN¥25.6m | −CN¥30.6m | −CN¥214.4m |
| Diluted earnings per share | -0.02 | -0.02 | -0.02 | -0.06 | -0.02 | -0.01 | -0.01 | -0.09 |
| Cash from operations | — | — | — | — | CN¥58.0m | −CN¥215.0m | CN¥318.0m | — |
| Capital spending | — | — | −CN¥5.0m | −CN¥2.0m | −CN¥16.0m | −CN¥146.0m | −CN¥11.0m | −CN¥79.0m |
| Free cash flow | — | — | — | — | CN¥42.0m | −CN¥361.0m | CN¥307.0m | — |
| Total assets | CN¥3.61bn | CN¥3.69bn | CN¥3.78bn | CN¥3.83bn | CN¥3.99bn | CN¥4.08bn | CN¥4.18bn | CN¥4.24bn |
| Cash and short-term investments | — | — | — | — | CN¥34.8m | CN¥59.8m | CN¥448.9m | CN¥201.5m |
| Debt | CN¥331.5m | CN¥166.0m | CN¥191.9m | CN¥214.5m | CN¥958.9m | CN¥1.31bn | CN¥1.09bn | CN¥1.15bn |
| Shareholders' equity | CN¥1.85bn | CN¥1.90bn | CN¥1.94bn | CN¥1.98bn | CN¥2.13bn | CN¥2.16bn | CN¥2.19bn | CN¥2.22bn |
Financial ratios
Data as of 2 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 10.4% | 7.1% | 12.7% | 12.2% | 12.3% | 24.3% |
| Operating margin | -7.5% | -15.2% | -3.9% | 3.2% | -14.2% | 2.9% |
| Net margin | -29.5% | -21.2% | -3.8% | 3.8% | -21.2% | -9.6% |
| Return on equity | -11.7% | -9.4% | -1.3% | 1.5% | -19.3% | -5.5% |
| Return on assets | -6.1% | -4.9% | -0.7% | 0.9% | -10.1% | -2.7% |
| Free cash flow yield | 3.5% | 0.9% | 3.0% | 4.2% | 5.3% | 2.8% |
| Revenue growth | -19.8% | 22.3% | -18.8% | -55.2% | 31.6% | 19.3% |
| Earnings growth | 11.3% | 581.7% | -180.9% | -108.1% | 192.5% | -867.0% |
| Current ratio | 0.82x | 1.13x | 1.33x | 1.13x | 0.99x | 1.71x |
| Debt to equity | 0.11x | 0.52x | 0.47x | 0.54x | 0.57x | 0.54x |
| Equity ratio | 51.7% | 52.3% | 57.9% | 56.0% | 52.2% | 48.4% |
| Interest coverage | -0.93x | -1.89x | -0.45x | 0.50x | -3.16x | 0.56x |
| R&D as a share of sales | 4.9% | 4.6% | 5.0% | 5.7% | 3.7% | 4.1% |
| Buybacks as a share of market value | 4.7% | -3.4% | -0.4% | -3.6% | 2.2% | 0.1% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -7.3% | -14.0% | -2.2% |
| Operating income | — | 10.2% | — |
| Net income | — | 7.7% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 8.5% | 10.5% | 14.1% | 21.5% |
| Operating margin | -15.3% | -7.6% | -9.7% | -0.2% |
| Net margin | -24.9% | -12.2% | -14.3% | -5.8% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -74.5 | -55.0 | -302.1 | 183.0 | -9.7 | -27.1 | 208.2 | 75.3 | 91.6 | 230.8 |
| Price to sales | 21.9 | 11.7 | 11.5 | 7.0 | 2.1 | 2.6 | 3.1 | 2.9 | 5.0 | 8.9 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 31 May 2023.
| FY2023 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.001 | 0.001 | 0.001 | 0.001 | 0.005 | 0.033 | 0.013 | 0.039 |
- 13-for-10 split · 15 Jun 2015
- 3-for-2 split · 31 May 2011
- 13-for-10 split · 18 Sept 2007
- 1-to-1 reverse split · 26 Oct 2005
- 13-for-10 split · 16 Jun 2005
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.