H 
3.34
-2.05%
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¥8.05bn
FY2016FY2025
Net income
CN¥57.4m
FY2016FY2025
Free cash flow
CN¥754.5m
FY2016FY2025
Shareholders' equity
CN¥5.79bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥8.05bn | CN¥10.76bn | CN¥13.66bn | CN¥14.46bn | CN¥16.71bn | CN¥14.23bn | CN¥15.89bn | CN¥14.31bn | CN¥12.60bn | CN¥8.84bn |
| Gross profit | CN¥741.0m | CN¥508.4m | CN¥601.0m | CN¥547.9m | CN¥1.52bn | CN¥179.7m | CN¥1.23bn | CN¥1.47bn | CN¥1.40bn | CN¥1.02bn |
| Research and development | CN¥131.1m | CN¥152.2m | CN¥113.2m | CN¥110.4m | CN¥131.6m | CN¥118.9m | CN¥162.5m | CN¥192.5m | CN¥64.5m | CN¥140.0m |
| Operating income | — | −CN¥218.2m | CN¥323.7m | −CN¥397.2m | CN¥681.5m | −CN¥476.8m | CN¥391.5m | CN¥637.0m | CN¥792.4m | CN¥350.6m |
| Net income | CN¥57.4m | −CN¥207.8m | CN¥66.8m | −CN¥350.3m | CN¥569.7m | −CN¥444.2m | CN¥402.3m | CN¥747.0m | CN¥677.4m | CN¥479.2m |
| Diluted earnings per share | 0.04 | -0.13 | 0.04 | -0.21 | 0.34 | -0.33 | 0.29 | 0.50 | 0.44 | 0.38 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥15.74bn | CN¥17.18bn | CN¥17.04bn | CN¥18.14bn | CN¥20.14bn | CN¥17.61bn | CN¥18.34bn | CN¥18.46bn | CN¥16.03bn | CN¥11.00bn |
| Cash and short-term investments | — | CN¥2.73bn | CN¥2.87bn | CN¥3.33bn | CN¥3.99bn | CN¥2.96bn | CN¥3.14bn | CN¥3.01bn | CN¥2.26bn | CN¥1.21bn |
| Total liabilities | CN¥9.67bn | CN¥11.11bn | CN¥10.59bn | CN¥11.37bn | CN¥12.61bn | CN¥11.62bn | CN¥11.66bn | CN¥11.17bn | CN¥8.79bn | CN¥6.76bn |
| Debt | CN¥663.7m | CN¥8.61bn | CN¥7.83bn | CN¥8.75bn | CN¥9.59bn | CN¥9.38bn | CN¥9.37bn | CN¥9.30bn | CN¥6.67bn | CN¥5.03bn |
| Shareholders' equity | CN¥5.79bn | CN¥5.78bn | CN¥6.16bn | CN¥6.29bn | CN¥7.01bn | CN¥5.62bn | CN¥6.30bn | CN¥6.92bn | CN¥6.88bn | CN¥3.99bn |
| Shares outstanding | 1,606m | 1,606m | 1,663m | 1,663m | 1,701m | 1,356m | 1,394m | 1,495m | 1,557m | 1,254m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥1.47bn | CN¥272.2m | CN¥857.8m | CN¥893.0m | CN¥719.9m | CN¥828.4m | CN¥1.89bn | −CN¥485.8m | −CN¥1.32bn | CN¥825.2m |
| Capital spending | −CN¥714.3m | −CN¥775.0m | −CN¥715.6m | −CN¥447.1m | −CN¥569.2m | −CN¥907.2m | −CN¥774.9m | −CN¥506.6m | −CN¥1.22bn | −CN¥518.1m |
| Free cash flow | CN¥754.5m | −CN¥502.8m | CN¥142.2m | CN¥445.9m | CN¥150.7m | −CN¥78.9m | CN¥1.12bn | −CN¥992.4m | −CN¥2.54bn | CN¥307.1m |
| Dividends paid | −CN¥192.7m | −CN¥293.2m | −CN¥250.9m | −CN¥557.7m | −CN¥306.1m | −CN¥472.2m | −CN¥502.7m | −CN¥1.06bn | −CN¥259.5m | −CN¥267.1m |
Financial ratios
Data as of 10 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 15.9% | 4.7% | 4.4% | 3.8% | 9.1% | 1.3% |
| Operating margin | 3.2% | -1.2% | -0.5% | -1.0% | 4.1% | -3.8% |
| Net margin | 0.7% | -1.9% | 0.5% | -2.4% | 3.4% | -3.1% |
| Return on equity | 1.0% | -3.6% | 1.1% | -5.6% | 8.1% | -7.9% |
| Return on assets | 0.4% | -1.2% | 0.4% | -1.9% | 2.8% | -2.5% |
| Free cash flow yield | 37.2% | 17.9% | 25.9% | 22.1% | 20.8% | 35.1% |
| Revenue growth | -25.2% | -21.2% | -5.5% | -13.5% | 17.4% | -10.4% |
| Earnings growth | -127.6% | -411.1% | -119.1% | -161.5% | -228.3% | -210.4% |
| Current ratio | 1.01x | 1.02x | 1.04x | 1.08x | 1.11x | 0.99x |
| Debt to equity | 0.11x | 1.49x | 1.27x | 1.36x | 1.38x | 1.64x |
| Equity ratio | 36.8% | 33.7% | 36.1% | 34.7% | 34.8% | 31.9% |
| Interest coverage | 1.44x | -0.51x | -0.22x | -0.43x | 2.04x | -1.68x |
| R&D as a share of sales | 1.6% | 1.4% | 0.8% | 0.8% | 0.8% | 0.8% |
| Buybacks as a share of market value | -0.0% | 3.4% | 0.0% | 2.2% | -25.4% | 2.7% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -17.7% | -10.8% | 1.7% |
| Net income | — | — | -16.2% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 6.6% | 5.1% | 5.3% | 7.4% |
| Net margin | -0.8% | -0.9% | -0.4% | 1.7% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 119.2 | -34.8 | 107.1 | -14.5 | 13.6 | -13.6 | 25.4 | 10.9 | 20.5 | 20.0 |
| Price to sales | 0.8 | 0.7 | 0.5 | 0.3 | 0.5 | 0.4 | 0.6 | 0.6 | 1.1 | 1.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 15 Jun 2026.
| FY2026 | FY2024 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.012 | 0.031 | 0.18 | 0.18 | 0.141 | 0.352 | 0.333 | 0.032 |
- 3-for-2 split · 6 Jun 2018
- 3-for-2 split · 11 May 2012
- 2-for-1 split · 1 Sept 2011
- 1-to-1 reverse split · 7 Nov 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.