S 
9.34
+0.21%
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¥11.95bn
FY2016FY2025
Net income
−CN¥13.2m
FY2016FY2025
Free cash flow
−CN¥240.5m
FY2016FY2025
Shareholders' equity
CN¥2.06bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥11.95bn | CN¥10.95bn | CN¥12.49bn | CN¥10.30bn | CN¥10.26bn | CN¥8.74bn | CN¥5.56bn | CN¥3.55bn | CN¥1.18bn | CN¥988.8m |
| Research and development | CN¥125.6m | CN¥133.5m | CN¥148.3m | CN¥145.3m | CN¥101.6m | CN¥75.4m | CN¥121.9m | CN¥113.6m | CN¥78.6m | CN¥68.5m |
| Operating income | CN¥88.6m | −CN¥197.5m | CN¥117.9m | CN¥169.6m | −CN¥656.3m | CN¥56.0m | CN¥269.4m | CN¥261.2m | CN¥70.3m | CN¥53.6m |
| Net income | −CN¥13.2m | −CN¥271.4m | CN¥55.4m | CN¥136.6m | −CN¥704.2m | CN¥17.6m | CN¥158.6m | CN¥214.7m | CN¥47.3m | CN¥27.6m |
| Diluted earnings per share | -0.02 | -0.33 | 0.07 | 0.17 | -0.94 | 0.02 | 0.21 | 0.30 | 0.08 | 0.06 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥4.61bn | CN¥3.77bn | CN¥4.38bn | CN¥4.57bn | CN¥4.37bn | CN¥4.65bn | CN¥4.63bn | CN¥4.58bn | CN¥4.34bn | CN¥2.61bn |
| Cash and short-term investments | — | CN¥946.7m | CN¥1.06bn | CN¥1.23bn | CN¥1.30bn | CN¥1.04bn | CN¥942.0m | CN¥536.6m | CN¥589.0m | CN¥673.9m |
| Total liabilities | CN¥2.46bn | CN¥1.59bn | CN¥1.92bn | CN¥2.13bn | CN¥2.06bn | CN¥2.09bn | CN¥2.03bn | CN¥2.12bn | CN¥2.44bn | CN¥1.62bn |
| Debt | CN¥62.7m | CN¥298.0m | CN¥543.6m | CN¥601.3m | CN¥596.0m | CN¥536.3m | CN¥1.01bn | CN¥1.06bn | CN¥806.6m | CN¥618.7m |
| Shareholders' equity | CN¥2.06bn | CN¥2.10bn | CN¥2.37bn | CN¥2.38bn | CN¥2.27bn | CN¥2.50bn | CN¥2.51bn | CN¥2.37bn | CN¥1.84bn | CN¥933.7m |
| Shares outstanding | 840m | 830m | 811m | 812m | 750m | 724m | 745m | 710m | 560m | 450m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −CN¥136.3m | CN¥136.1m | CN¥295.8m | −CN¥30.4m | CN¥5.0m | CN¥663.3m | CN¥779.4m | −CN¥39.8m | CN¥20.4m | CN¥134.1m |
| Capital spending | −CN¥104.2m | −CN¥217.2m | −CN¥235.8m | −CN¥153.6m | −CN¥214.1m | −CN¥85.4m | −CN¥329.3m | −CN¥478.1m | −CN¥231.1m | −CN¥133.7m |
| Free cash flow | −CN¥240.5m | −CN¥81.1m | CN¥60.0m | −CN¥184.0m | −CN¥209.1m | CN¥578.0m | CN¥450.1m | −CN¥518.0m | −CN¥210.6m | CN¥403,460 |
| Dividends paid | −CN¥24.8m | −CN¥14.9m | −CN¥17.7m | −CN¥22.5m | −CN¥25.9m | −CN¥36.0m | −CN¥55.4m | −CN¥91.2m | −CN¥69.8m | −CN¥67.2m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥7.25bn | CN¥4.82bn | CN¥4.70bn | CN¥2.84bn | CN¥2.12bn | CN¥2.29bn | CN¥2.43bn | CN¥2.65bn |
| Operating income | CN¥83.1m | CN¥71.1m | CN¥24.8m | CN¥22.2m | CN¥20.3m | CN¥15.4m | −CN¥239.6m | −CN¥9.1m |
| Net income | CN¥28.8m | CN¥21.6m | −CN¥16.1m | CN¥255,900 | CN¥1.3m | CN¥1.3m | −CN¥246.8m | −CN¥28.1m |
| Diluted earnings per share | 0.03 | 0.03 | -0.02 | 0.00 | 0.00 | 0.00 | -0.30 | -0.03 |
| Cash from operations | — | — | — | −CN¥127.0m | CN¥188.0m | −CN¥138.0m | — | CN¥311.0m |
| Capital spending | −CN¥34.0m | −CN¥24.0m | −CN¥18.0m | −CN¥14.0m | −CN¥30.0m | −CN¥40.0m | −CN¥21.0m | −CN¥45.0m |
| Free cash flow | — | — | — | −CN¥141.0m | CN¥158.0m | −CN¥178.0m | — | CN¥266.0m |
| Total assets | CN¥4.79bn | CN¥4.64bn | CN¥4.61bn | CN¥3.88bn | CN¥3.78bn | CN¥3.82bn | CN¥3.77bn | CN¥4.45bn |
| Cash and short-term investments | — | — | — | CN¥903.9m | CN¥1.10bn | CN¥945.7m | CN¥946.7m | CN¥1.01bn |
| Debt | CN¥85.4m | CN¥101.5m | CN¥62.7m | CN¥602.3m | CN¥360.7m | CN¥489.5m | CN¥269.5m | CN¥360.3m |
| Shareholders' equity | CN¥2.07bn | CN¥2.07bn | CN¥2.06bn | CN¥2.07bn | CN¥2.08bn | CN¥2.08bn | CN¥2.10bn | CN¥2.33bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 5.1% | 6.5% | 30.0% |
| Operating income | -19.5% | 9.6% | 28.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -0.5% | 0.4% | -0.7% | 0.3% |
| Net margin | -1.2% | -0.2% | -1.2% | -0.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -812.0 | -20.3 | 105.7 | 26.9 | -6.4 | 250.7 | 41.8 | 25.1 | 84.5 | 132.1 |
| Price to sales | 0.9 | 0.5 | 0.5 | 0.4 | 0.4 | 0.5 | 1.2 | 1.5 | 3.4 | 3.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 30 Jun 2020.
| FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2013 | FY2012 | FY2011 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.05 | 0.077 | 0.039 | 0.077 | 0.077 | 0.064 | 0.043 | 0.064 |
- 13-for-10 split · 1 Jul 2019
- 6-for-5 split · 3 Jun 2013
- 3-for-2 split · 18 May 2012
- 8-for-5 split · 7 Jun 2010
- 3-for-2 split · 29 Apr 2008
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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