T 
21.56
-0.92%
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¥3.17bn
FY2016FY2025
Net income
CN¥63.7m
FY2016FY2025
Free cash flow
CN¥694.8m
FY2016FY2025
Shareholders' equity
CN¥2.54bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥3.17bn | CN¥4.11bn | CN¥3.15bn | CN¥2.24bn | CN¥2.23bn | CN¥1.49bn | CN¥1.24bn | CN¥1.19bn | CN¥1.12bn | CN¥1.03bn |
| Gross profit | CN¥517.8m | CN¥529.8m | CN¥598.0m | CN¥509.6m | CN¥704.3m | CN¥616.5m | CN¥579.0m | CN¥575.3m | CN¥637.5m | CN¥661.3m |
| Research and development | CN¥147.5m | CN¥189.2m | CN¥195.9m | CN¥189.4m | CN¥176.3m | CN¥141.0m | CN¥128.4m | CN¥137.8m | CN¥112.6m | CN¥125.9m |
| Operating income | CN¥63.1m | −CN¥70.3m | CN¥62.8m | −CN¥1.01bn | CN¥124.8m | CN¥52.9m | CN¥12.9m | −CN¥1.37bn | CN¥71.6m | CN¥195.7m |
| Net income | CN¥63.7m | −CN¥100.5m | CN¥45.0m | −CN¥1.01bn | CN¥82.5m | CN¥47.8m | CN¥22.0m | −CN¥1.37bn | CN¥66.3m | CN¥211.5m |
| Diluted earnings per share | 0.05 | -0.08 | 0.03 | -0.81 | 0.07 | 0.04 | 0.02 | -1.14 | 0.06 | 0.18 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥4.04bn | CN¥5.38bn | CN¥5.29bn | CN¥4.50bn | CN¥4.85bn | CN¥3.41bn | CN¥3.06bn | CN¥3.14bn | CN¥4.37bn | CN¥4.24bn |
| Cash and short-term investments | — | CN¥1.67bn | CN¥1.18bn | CN¥1.31bn | CN¥1.68bn | CN¥607.4m | CN¥536.0m | CN¥612.4m | CN¥597.0m | CN¥590.2m |
| Total liabilities | CN¥1.41bn | CN¥2.80bn | CN¥2.58bn | CN¥1.86bn | CN¥1.23bn | CN¥874.8m | CN¥558.6m | CN¥668.5m | CN¥501.6m | CN¥464.5m |
| Debt | — | CN¥1.84bn | CN¥1.89bn | CN¥1.02bn | CN¥433.9m | CN¥165.6m | CN¥39.7m | CN¥123.9m | CN¥49.8m | CN¥40.2m |
| Shareholders' equity | CN¥2.54bn | CN¥2.47bn | CN¥2.55bn | CN¥2.48bn | CN¥3.51bn | CN¥2.53bn | CN¥2.49bn | CN¥2.47bn | CN¥3.86bn | CN¥3.78bn |
| Shares outstanding | 1,256m | 1,252m | 1,289m | 1,249m | 1,263m | 1,130m | 1,124m | 1,196m | 1,082m | 1,162m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥778.2m | CN¥774.6m | −CN¥1.17bn | −CN¥313.8m | CN¥167.9m | CN¥84.5m | CN¥151.9m | CN¥20.2m | CN¥141.0m | CN¥199.3m |
| Capital spending | −CN¥83.4m | −CN¥126.1m | −CN¥78.8m | −CN¥127.5m | −CN¥162.4m | −CN¥118.5m | −CN¥98.3m | −CN¥83.9m | −CN¥98.1m | −CN¥119.9m |
| Free cash flow | CN¥694.8m | CN¥648.5m | −CN¥1.25bn | −CN¥441.3m | CN¥5.4m | −CN¥34.0m | CN¥53.6m | −CN¥63.7m | CN¥42.9m | CN¥79.5m |
| Dividends paid | −CN¥18.1m | −CN¥60.5m | −CN¥33.3m | −CN¥15.6m | −CN¥14.6m | −CN¥4.0m | −CN¥3.3m | −CN¥13.4m | −CN¥22.2m | −CN¥22.8m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥717.9m | CN¥593.6m | CN¥1.09bn | CN¥772.0m | CN¥683.4m | CN¥623.0m | CN¥1.16bn | CN¥1.22bn |
| Gross profit | CN¥143.4m | CN¥102.2m | CN¥151.5m | CN¥154.8m | CN¥118.9m | CN¥86.3m | CN¥60.3m | CN¥162.2m |
| Operating income | CN¥26.6m | −CN¥10.7m | CN¥35.9m | CN¥14.9m | CN¥9.8m | CN¥64.8m | −CN¥104.8m | CN¥4.7m |
| Net income | CN¥7.8m | CN¥61.5m | −CN¥41.1m | CN¥26.0m | CN¥13.5m | CN¥65.3m | −CN¥111.5m | CN¥7.7m |
| Diluted earnings per share | 0.01 | 0.05 | -0.03 | 0.02 | 0.01 | 0.05 | -0.09 | 0.01 |
| Cash from operations | — | — | — | CN¥482.0m | CN¥243.0m | CN¥49.0m | CN¥581.0m | CN¥549.0m |
| Capital spending | −CN¥16.0m | −CN¥15.0m | −CN¥15.0m | −CN¥22.0m | −CN¥23.0m | −CN¥21.0m | −CN¥40.0m | −CN¥24.0m |
| Free cash flow | — | — | — | CN¥460.0m | CN¥220.0m | CN¥28.0m | CN¥541.0m | CN¥525.0m |
| Total assets | CN¥4.18bn | CN¥4.17bn | CN¥4.04bn | CN¥4.24bn | CN¥4.55bn | CN¥5.14bn | CN¥5.38bn | CN¥5.59bn |
| Cash and short-term investments | — | — | — | CN¥1.50bn | CN¥1.45bn | CN¥1.65bn | CN¥1.67bn | CN¥1.61bn |
| Debt | — | CN¥31.0m | CN¥123.5m | CN¥359.6m | CN¥632.8m | CN¥1.06bn | CN¥1.01bn | CN¥1.51bn |
| Shareholders' equity | CN¥2.61bn | CN¥2.60bn | CN¥2.54bn | CN¥2.61bn | CN¥2.57bn | CN¥2.54bn | CN¥2.47bn | CN¥2.59bn |
Financial ratios
Data as of 18 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 16.3% | 12.9% | 19.0% | 22.8% | 31.6% | 41.4% |
| Operating margin | 2.0% | -1.7% | 2.0% | -45.1% | 5.6% | 3.6% |
| Net margin | 2.0% | -2.4% | 1.4% | -45.3% | 3.7% | 3.2% |
| Return on equity | 2.5% | -4.1% | 1.8% | -40.8% | 2.4% | 1.9% |
| Return on assets | 1.6% | -1.9% | 0.9% | -22.5% | 1.7% | 1.4% |
| Free cash flow yield | 2.7% | 2.9% | -3.4% | -0.6% | 1.0% | 0.7% |
| Revenue growth | -22.8% | 30.2% | 41.0% | 0.3% | 49.8% | 20.1% |
| Earnings growth | -163.4% | -323.5% | -104.4% | -1327.1% | 72.6% | 117.7% |
| Current ratio | 2.97x | 2.00x | 1.93x | 2.12x | 2.82x | 2.30x |
| Debt to equity | 0.05x | 0.41x | 0.59x | 0.26x | 0.05x | 0.06x |
| Equity ratio | 63.0% | 45.9% | 48.2% | 55.2% | 72.3% | 74.0% |
| Interest coverage | 3.11x | -1.08x | 1.74x | -54.51x | 7.38x | 13.26x |
| R&D as a share of sales | 4.7% | 4.6% | 6.2% | 8.5% | 7.9% | 9.5% |
| Buybacks as a share of market value | -0.4% | 2.9% | -3.2% | 1.1% | -11.8% | -0.5% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 12.3% | 16.3% | 15.2% |
| Operating income | — | 3.6% | -11.4% |
| Net income | — | 5.9% | -11.2% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 14.4% | 17.0% | 21.2% | 29.3% |
| Operating margin | -0.1% | -7.5% | -4.7% | -7.6% |
| Net margin | -0.5% | -7.9% | -5.3% | -8.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | — | -228.0 | 431.1 | -8.2 | 126.2 | 168.9 | 423.5 | -3.7 | 126.2 | 65.5 |
| Price to sales | 13.1 | 5.6 | 6.2 | 3.7 | 4.7 | 5.4 | 7.5 | 4.3 | 7.5 | 13.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 21 Jun 2018.
| FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.01 | 0.02 | 0.02 | 0.025 | 0.018 | 0.01 | 0.012 | 0.026 |
- 2-for-1 split · 29 Mar 2016
- 13-for-10 split · 6 Jun 2012
- 3-for-2 split · 3 Jun 2011
- 13-for-10 split · 28 Apr 2010
- 7-for-5 split · 26 May 2009
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.