Z 
3.12
+0.97%
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¥1.23bn
FY2016FY2025
Net income
CN¥18.5m
FY2016FY2025
Free cash flow
−CN¥7.6m
FY2016FY2025
Shareholders' equity
CN¥2.77bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.23bn | CN¥1.32bn | CN¥1.33bn | CN¥1.58bn | CN¥1.67bn | CN¥1.51bn | CN¥1.65bn | CN¥1.47bn | CN¥1.05bn | CN¥950.7m |
| Research and development | CN¥42.1m | CN¥44.5m | CN¥39.8m | CN¥40.1m | CN¥37.8m | CN¥29.4m | CN¥9.8m | CN¥18.4m | CN¥17.8m | CN¥12.0m |
| Operating income | CN¥14.7m | CN¥20.7m | CN¥8.4m | CN¥75.8m | CN¥256.0m | CN¥204.2m | CN¥92.8m | CN¥101.3m | −CN¥574.9m | −CN¥194.5m |
| Net income | CN¥18.5m | CN¥18.3m | CN¥20.7m | CN¥67.7m | CN¥243.3m | CN¥176.9m | CN¥60.2m | CN¥42.3m | −CN¥567.6m | −CN¥185.6m |
| Diluted earnings per share | 0.01 | 0.01 | 0.01 | 0.08 | 0.15 | 0.07 | 0.02 | 0.01 | -0.29 | -0.10 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥2.96bn | CN¥2.95bn | CN¥3.10bn | CN¥2.96bn | CN¥2.96bn | CN¥2.72bn | CN¥2.51bn | CN¥3.84bn | CN¥3.31bn | CN¥3.97bn |
| Cash and short-term investments | — | CN¥1.10bn | CN¥1.14bn | CN¥1.03bn | CN¥943.8m | CN¥723.0m | CN¥385.8m | CN¥777.9m | CN¥623.7m | CN¥416.0m |
| Total liabilities | CN¥191.1m | CN¥191.9m | CN¥359.3m | CN¥243.2m | CN¥313.2m | CN¥310.5m | CN¥279.7m | CN¥1.67bn | CN¥1.10bn | CN¥1.18bn |
| Debt | — | — | CN¥145.3m | CN¥17.9m | CN¥41.5m | CN¥29.7m | CN¥26.3m | CN¥670.3m | CN¥773.2m | CN¥851.0m |
| Shareholders' equity | CN¥2.77bn | CN¥2.76bn | CN¥2.74bn | CN¥2.72bn | CN¥2.65bn | CN¥2.41bn | CN¥2.23bn | CN¥2.17bn | CN¥2.17bn | CN¥2.74bn |
| Shares outstanding | 2,248m | 1,753m | 1,890m | 873m | 1,674m | 2,589m | 2,894m | 2,842m | 1,960m | 1,807m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥34.7m | CN¥136.8m | CN¥58.7m | CN¥121.6m | CN¥179.6m | CN¥329.5m | CN¥205.7m | CN¥258.1m | CN¥45.8m | CN¥106.9m |
| Capital spending | −CN¥42.3m | −CN¥45.5m | −CN¥77.6m | −CN¥13.1m | −CN¥11.1m | −CN¥20.0m | −CN¥38.6m | −CN¥35.8m | −CN¥28.6m | −CN¥154.4m |
| Free cash flow | −CN¥7.6m | CN¥91.3m | −CN¥18.9m | CN¥108.5m | CN¥168.5m | CN¥309.5m | CN¥167.1m | CN¥222.3m | CN¥17.2m | −CN¥47.5m |
| Dividends paid | — | −CN¥4.6m | −CN¥4.8m | −CN¥647,464 | −CN¥197,121 | −CN¥279,287 | −CN¥24.5m | −CN¥45.5m | −CN¥54.1m | −CN¥78.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥368.2m | CN¥307.6m | CN¥290.9m | CN¥302.1m | CN¥325.3m | CN¥311.3m | CN¥348.4m | CN¥330.1m |
| Operating income | CN¥28.1m | CN¥872,017 | −CN¥6.7m | CN¥6.3m | CN¥6.6m | CN¥6.4m | CN¥29.8m | −CN¥2.0m |
| Net income | CN¥5.5m | CN¥4.3m | CN¥6.4m | CN¥4.1m | CN¥3.3m | CN¥4.7m | CN¥38.8m | −CN¥5.1m |
| Diluted earnings per share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | -0.00 |
| Cash from operations | — | — | — | −CN¥4.0m | CN¥43.0m | −CN¥81.0m | CN¥126.0m | CN¥34.0m |
| Capital spending | −CN¥24.0m | −CN¥17.0m | −CN¥14.0m | −CN¥3.0m | −CN¥8.0m | −CN¥16.0m | −CN¥21.0m | −CN¥7.0m |
| Free cash flow | — | — | — | −CN¥7.0m | CN¥35.0m | −CN¥97.0m | CN¥105.0m | CN¥27.0m |
| Total assets | CN¥2.97bn | CN¥2.94bn | CN¥2.96bn | CN¥2.94bn | CN¥2.91bn | CN¥2.92bn | CN¥2.95bn | CN¥2.89bn |
| Cash and short-term investments | — | — | — | CN¥1.10bn | CN¥1.11bn | CN¥1000.0m | CN¥1.10bn | CN¥993.6m |
| Debt | — | — | — | — | CN¥5.4m | CN¥5.4m | — | — |
| Shareholders' equity | CN¥2.78bn | CN¥2.78bn | CN¥2.77bn | CN¥2.77bn | CN¥2.76bn | CN¥2.76bn | CN¥2.76bn | CN¥2.72bn |
Financial ratios
Data as of 12 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Operating margin | 1.7% | 1.9% | 1.3% | 4.9% | 15.5% | 13.6% | — | — |
| Net margin | 1.5% | 1.4% | 1.6% | 4.3% | 14.5% | 11.7% | — | — |
| Return on equity | 0.7% | 0.7% | 0.8% | 2.5% | 9.2% | 7.4% | — | — |
| Return on assets | 0.6% | 0.6% | 0.7% | 2.3% | 8.2% | 6.5% | — | — |
| Free cash flow yield | 1.1% | 3.3% | 2.3% | 4.9% | 3.6% | 4.3% | — | — |
| Revenue growth | -7.2% | -0.7% | -15.8% | -5.3% | 10.9% | -8.3% | — | — |
| Earnings growth | 0.8% | -11.4% | -69.5% | -72.2% | 37.5% | 193.9% | — | — |
| Current ratio | 13.01x | 11.29x | 5.64x | 8.65x | 5.98x | 4.68x | — | — |
| Debt to equity | — | — | 0.05x | 0.01x | 0.02x | 0.01x | 0.01x | 0.31x |
| Equity ratio | 93.6% | 93.5% | 88.4% | 91.8% | 89.4% | 88.6% | — | — |
| Interest coverage | 75.95x | 5.52x | 2.27x | 21.38x | 115.46x | 86.43x | — | — |
| R&D as a share of sales | 3.4% | 3.4% | 3.0% | 2.5% | 2.3% | 1.9% | — | — |
| Buybacks as a share of market value | -28.2% | 7.2% | -116.6% | 47.9% | 35.3% | 10.5% | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -8.1% | -4.0% | 3.2% |
| Operating income | -42.1% | -40.9% | — |
| Net income | -35.2% | -36.4% | 1.9% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 1.4% | 2.2% | 6.7% | -0.9% |
| Net margin | 1.4% | 2.3% | 6.3% | -0.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 405.5 | 237.3 | 230.3 | 37.1 | 26.9 | 39.4 | 99.0 | 112.1 | -9.6 | -41.2 |
| Price to sales | 6.1 | 3.3 | 3.6 | 1.6 | 3.9 | 4.6 | 3.6 | 3.2 | 5.2 | 8.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 20 Jun 2016.
| FY2016 | FY2012 | FY2011 | FY2010 | |
|---|---|---|---|---|
| Paid in the year | 0.015 | 0.034 | 0.034 | 0.034 |
- 2-for-1 split · 20 Jun 2016
- 11-for-10 split · 1 Jun 2015
- 11-for-10 split · 9 Jun 2014
- 6-for-5 split · 2 Jul 2013
- 3-for-2 split · 31 Mar 2009
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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