S 
13.81
-2.20%
Close of 9 Nov 2026, in CNY
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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¥39.18bn
FY2016FY2025
Net income
CN¥3.26bn
FY2016FY2025
Free cash flow
−CN¥2.97bn
FY2016FY2025
Shareholders' equity
CN¥30.50bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥39.18bn | CN¥40.73bn | CN¥39.54bn | CN¥39.77bn | CN¥32.16bn | CN¥21.59bn | CN¥22.76bn | CN¥21.77bn | CN¥18.89bn | CN¥14.46bn |
| Gross profit | CN¥3.84bn | CN¥6.52bn | CN¥6.27bn | CN¥6.01bn | CN¥5.51bn | CN¥4.14bn | CN¥5.06bn | CN¥5.08bn | CN¥4.91bn | CN¥3.17bn |
| Research and development | CN¥545.5m | CN¥762.4m | CN¥929.0m | CN¥780.7m | CN¥538.2m | CN¥410.9m | CN¥528.6m | CN¥496.4m | CN¥149.8m | CN¥446.8m |
| Operating income | CN¥3.84bn | CN¥3.61bn | CN¥3.30bn | CN¥3.03bn | CN¥3.37bn | CN¥2.32bn | CN¥2.50bn | CN¥2.69bn | CN¥2.95bn | CN¥1.45bn |
| Net income | CN¥3.26bn | CN¥3.10bn | CN¥3.09bn | CN¥2.81bn | CN¥2.93bn | CN¥1.95bn | CN¥2.18bn | CN¥2.24bn | CN¥2.02bn | CN¥1.06bn |
| Diluted earnings per share | 1.18 | 1.11 | 1.09 | 1.02 | 1.11 | 0.75 | 0.82 | 0.86 | 0.81 | 0.43 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥58.59bn | CN¥52.63bn | CN¥50.55bn | CN¥48.02bn | CN¥42.71bn | CN¥35.89bn | CN¥32.30bn | CN¥29.52bn | CN¥26.06bn | CN¥20.19bn |
| Cash and short-term investments | — | CN¥3.23bn | CN¥2.50bn | CN¥2.39bn | CN¥3.47bn | CN¥2.97bn | CN¥2.54bn | CN¥1.97bn | CN¥2.44bn | CN¥1.08bn |
| Total liabilities | CN¥27.98bn | CN¥23.90bn | CN¥24.40bn | CN¥24.85bn | CN¥23.92bn | CN¥19.65bn | CN¥17.60bn | CN¥16.89bn | CN¥15.23bn | CN¥11.85bn |
| Debt | CN¥8.93bn | CN¥12.87bn | CN¥14.80bn | CN¥14.83bn | CN¥13.11bn | CN¥11.83bn | CN¥11.63bn | CN¥7.99bn | CN¥8.79bn | CN¥7.09bn |
| Shareholders' equity | CN¥30.50bn | CN¥28.61bn | CN¥26.05bn | CN¥23.08bn | CN¥18.71bn | CN¥16.11bn | CN¥14.59bn | CN¥12.57bn | CN¥10.32bn | CN¥7.96bn |
| Shares outstanding | 2,752m | 2,792m | 2,836m | 2,742m | 2,641m | 2,593m | 2,669m | 2,588m | 2,486m | 2,481m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥4.96bn | CN¥8.50bn | CN¥6.62bn | CN¥3.82bn | CN¥4.93bn | CN¥6.62bn | CN¥4.69bn | CN¥4.48bn | CN¥3.85bn | CN¥2.82bn |
| Capital spending | −CN¥7.93bn | −CN¥5.58bn | −CN¥4.77bn | −CN¥4.71bn | −CN¥7.25bn | −CN¥6.31bn | −CN¥4.09bn | −CN¥3.04bn | −CN¥3.98bn | −CN¥1.67bn |
| Free cash flow | −CN¥2.97bn | CN¥2.92bn | CN¥1.84bn | −CN¥888.8m | −CN¥2.32bn | CN¥307.2m | CN¥594.6m | CN¥1.44bn | −CN¥126.4m | CN¥1.14bn |
| Dividends paid | −CN¥1.60bn | −CN¥1.37bn | −CN¥1.15bn | −CN¥1.15bn | −CN¥793.6m | −CN¥723.3m | −CN¥751.7m | −CN¥759.0m | −CN¥551.4m | −CN¥487.9m |
Latest quarters
By quarter end
| Sept 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥11.10bn | CN¥10.78bn | CN¥10.08bn | CN¥10.25bn | CN¥9.82bn | CN¥9.22bn | CN¥9.90bn | CN¥9.75bn |
| Gross profit | CN¥1.76bn | CN¥1.78bn | CN¥1.49bn | −CN¥696.2m | CN¥1.40bn | CN¥1.57bn | CN¥1.56bn | CN¥1.45bn |
| Operating income | CN¥1.23bn | CN¥1.30bn | CN¥1.12bn | CN¥978.3m | CN¥822.8m | CN¥1.02bn | CN¥1.02bn | CN¥822.6m |
| Net income | CN¥970.6m | CN¥1.04bn | CN¥906.4m | CN¥758.2m | CN¥719.5m | CN¥894.0m | CN¥886.1m | CN¥642.5m |
| Diluted earnings per share | 0.35 | 0.38 | 0.33 | 0.28 | 0.26 | 0.32 | 0.32 | 0.23 |
| Cash from operations | — | — | — | — | CN¥1.44bn | CN¥1.77bn | CN¥124.0m | CN¥2.69bn |
| Capital spending | −CN¥1.58bn | −CN¥2.22bn | −CN¥1.77bn | −CN¥1.00bn | −CN¥2.20bn | −CN¥2.75bn | −CN¥1.97bn | −CN¥1.68bn |
| Free cash flow | — | — | — | — | −CN¥756.0m | −CN¥984.0m | −CN¥1.85bn | CN¥1.01bn |
| Total assets | CN¥62.59bn | CN¥60.69bn | CN¥59.90bn | CN¥58.59bn | CN¥57.85bn | CN¥56.45bn | CN¥54.80bn | CN¥52.63bn |
| Cash and short-term investments | — | — | — | — | CN¥2.11bn | CN¥2.81bn | CN¥2.99bn | CN¥3.23bn |
| Debt | CN¥9.33bn | CN¥9.55bn | CN¥9.29bn | CN¥8.93bn | CN¥11.22bn | CN¥16.36bn | CN¥15.54bn | CN¥12.84bn |
| Shareholders' equity | CN¥32.43bn | CN¥31.53bn | CN¥31.23bn | CN¥30.50bn | CN¥30.15bn | CN¥30.36bn | CN¥29.49bn | CN¥28.61bn |
Financial ratios
Data as of 18 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 9.8% | 16.0% | 15.9% | 15.1% | 17.1% | 19.2% |
| Operating margin | 9.8% | 8.9% | 10.1% | 9.5% | 10.5% | 13.3% |
| Net margin | 8.3% | 7.6% | 7.8% | 7.1% | 9.1% | 9.0% |
| Return on equity | 10.7% | 10.8% | 11.8% | 12.2% | 15.7% | 12.1% |
| Return on assets | 5.6% | 5.9% | 6.1% | 5.8% | 6.9% | 5.4% |
| Free cash flow yield | 32.8% | 35.3% | 28.1% | 21.8% | 32.3% | 34.9% |
| Revenue growth | -3.8% | 3.0% | -0.6% | 23.7% | 49.0% | -5.2% |
| Earnings growth | 5.0% | 0.5% | 9.9% | -4.1% | 50.0% | -10.3% |
| Current ratio | 0.73x | 0.75x | 0.76x | 0.72x | 0.63x | 0.69x |
| Debt to equity | 0.29x | 0.45x | 0.57x | 0.64x | 0.70x | 0.73x |
| Equity ratio | 52.1% | 54.4% | 51.5% | 48.1% | 43.8% | 44.9% |
| Interest coverage | 7.57x | 5.78x | 5.51x | 4.89x | 5.25x | 5.09x |
| R&D as a share of sales | 1.4% | 1.9% | 2.3% | 2.0% | 1.7% | 1.9% |
| Buybacks as a share of market value | 1.4% | 1.6% | -3.4% | -3.8% | -1.9% | 2.9% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -0.5% | 12.7% | 13.7% |
| Operating income | 8.2% | 10.6% | 15.8% |
| Net income | 5.1% | 10.8% | 17.2% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 13.0% | 14.2% | 15.2% | 17.6% |
| Operating margin | 9.3% | 8.7% | 9.1% | 9.9% |
| Net margin | 8.0% | 7.7% | 8.0% | 8.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 13.3 | 13.4 | 11.2 | 11.3 | 10.4 | 19.2 | 12.1 | 6.6 | 11.4 | 15.7 |
| Price to sales | 1.1 | 1.0 | 0.9 | 0.8 | 0.9 | 1.7 | 1.1 | 0.7 | 1.2 | 1.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 19 years. Last went ex-dividend on 10 Dec 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.10 | 0.30 | 0.20 | 0.20 | 0.10 | 0.10 | 0.10 | 0.10 |
- 2-for-1 split · 22 May 2014
- 7-for-5 split · 19 Jun 2008
- 13-for-10 split · 8 Jun 2007
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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