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3.59
+3.16%
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¥10.22bn
FY2015FY2024
Net income
−CN¥422.9m
FY2015FY2024
Free cash flow
−CN¥1.87bn
FY2015FY2024
Shareholders' equity
CN¥3.02bn
FY2015FY2024
Income statement
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥10.22bn | CN¥8.49bn | CN¥11.66bn | CN¥12.32bn | CN¥11.89bn | CN¥11.13bn | CN¥10.25bn | CN¥9.81bn | CN¥6.53bn | CN¥5.12bn |
| Gross profit | CN¥1.45bn | CN¥1.66bn | CN¥2.00bn | CN¥1.41bn | CN¥1.26bn | CN¥1.11bn | CN¥1.05bn | CN¥887.5m | CN¥621.3m | CN¥565.9m |
| Research and development | CN¥9.7m | CN¥4.8m | CN¥4.7m | CN¥4.8m | CN¥3.3m | CN¥2.1m | CN¥14.2m | CN¥13.6m | CN¥9.8m | CN¥6.8m |
| Operating income | CN¥688.5m | CN¥141.4m | CN¥180.0m | CN¥794.4m | CN¥643.6m | CN¥469.1m | CN¥405.4m | CN¥126.4m | CN¥219.4m | −CN¥901,038 |
| Net income | −CN¥422.9m | CN¥32.2m | CN¥46.3m | CN¥56.8m | CN¥55.1m | CN¥53.5m | CN¥53.1m | CN¥50.6m | CN¥40.2m | CN¥33.6m |
| Diluted earnings per share | -0.40 | 0.03 | 0.04 | 0.06 | 0.11 | 0.06 | 0.06 | 0.06 | 0.04 | 0.04 |
Balance sheet
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥56.39bn | CN¥54.24bn | CN¥51.16bn | CN¥45.69bn | CN¥40.76bn | CN¥27.58bn | CN¥22.86bn | CN¥19.52bn | CN¥15.37bn | CN¥12.71bn |
| Cash and short-term investments | CN¥3.45bn | CN¥4.00bn | CN¥3.71bn | CN¥3.65bn | CN¥4.03bn | CN¥3.21bn | CN¥3.18bn | CN¥3.17bn | CN¥2.29bn | CN¥2.72bn |
| Total liabilities | CN¥51.20bn | CN¥48.62bn | CN¥45.61bn | CN¥40.37bn | CN¥36.02bn | CN¥28.11bn | CN¥19.09bn | CN¥16.28bn | CN¥12.56bn | CN¥10.15bn |
| Debt | CN¥35.67bn | CN¥35.45bn | CN¥32.12bn | CN¥28.58bn | CN¥24.33bn | CN¥12.27bn | CN¥9.26bn | CN¥7.90bn | CN¥5.68bn | CN¥5.32bn |
| Shareholders' equity | CN¥3.02bn | CN¥3.45bn | CN¥3.42bn | CN¥3.19bn | CN¥2.86bn | CN¥1.85bn | CN¥1.92bn | CN¥1.83bn | CN¥1.76bn | CN¥1.48bn |
| Shares outstanding | 1,068m | 1,168m | 1,209m | 918m | 511m | 871m | 844m | 916m | 999m | 916m |
Cash flow
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −CN¥159.0m | CN¥579.1m | CN¥384.8m | −CN¥209.6m | −CN¥286.3m | CN¥88.7m | CN¥753.6m | CN¥358.6m | CN¥175.9m | −CN¥48.0m |
| Capital spending | −CN¥1.71bn | −CN¥1.02bn | −CN¥3.13bn | −CN¥4.31bn | −CN¥6.45bn | −CN¥3.17bn | −CN¥2.68bn | −CN¥1.52bn | −CN¥899.4m | −CN¥289.0m |
| Free cash flow | −CN¥1.87bn | −CN¥444.9m | −CN¥2.75bn | −CN¥4.52bn | −CN¥6.74bn | −CN¥3.08bn | −CN¥1.93bn | −CN¥1.16bn | −CN¥723.6m | −CN¥337.0m |
| Dividends paid | −CN¥1.50bn | −CN¥1.43bn | −CN¥1.45bn | −CN¥1.36bn | −CN¥1.02bn | −CN¥589.1m | −CN¥418.3m | −CN¥354.0m | −CN¥337.4m | −CN¥334.7m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Jun 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥2.74bn | CN¥1.76bn | CN¥2.72bn | CN¥3.34bn | CN¥1.61bn | CN¥4.78bn | CN¥1.33bn | CN¥2.55bn |
| Gross profit | CN¥336.3m | CN¥283.9m | CN¥448.4m | CN¥437.9m | CN¥287.0m | CN¥381.4m | CN¥368.2m | CN¥388.9m |
| Operating income | CN¥218.6m | CN¥188.7m | −CN¥4.8m | CN¥291.3m | −CN¥54.1m | CN¥29.4m | CN¥239.0m | CN¥17.1m |
| Net income | −CN¥196.5m | −CN¥61.7m | −CN¥17.3m | −CN¥12.4m | −CN¥68.5m | −CN¥427.9m | −CN¥5.5m | CN¥4.6m |
| Diluted earnings per share | -0.15 | -0.05 | -0.01 | -0.01 | -0.05 | -0.40 | -0.01 | 0.00 |
| Cash from operations | — | — | CN¥115.0m | CN¥718.0m | −CN¥443.0m | CN¥908.0m | −CN¥484.0m | CN¥355.0m |
| Capital spending | −CN¥151.0m | −CN¥193.0m | −CN¥656.0m | −CN¥622.0m | −CN¥218.0m | −CN¥206.0m | −CN¥150.0m | −CN¥787.0m |
| Free cash flow | — | — | −CN¥541.0m | CN¥96.0m | −CN¥661.0m | CN¥702.0m | −CN¥634.0m | −CN¥432.0m |
| Total assets | CN¥60.42bn | CN¥58.91bn | CN¥58.93bn | CN¥59.22bn | CN¥57.73bn | CN¥56.39bn | CN¥56.98bn | CN¥55.99bn |
| Cash and short-term investments | — | — | CN¥3.98bn | CN¥4.80bn | CN¥4.41bn | CN¥3.45bn | CN¥4.38bn | CN¥3.63bn |
| Debt | CN¥34.89bn | CN¥33.84bn | CN¥3.52bn | CN¥35.91bn | CN¥37.21bn | CN¥35.67bn | CN¥35.97bn | CN¥37.57bn |
| Shareholders' equity | CN¥5.46bn | CN¥5.71bn | CN¥2.96bn | CN¥4.37bn | CN¥2.97bn | CN¥3.02bn | CN¥3.44bn | CN¥3.46bn |
Financial ratios
Data as of 8 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Gross margin | — | 14.2% | 19.6% | 17.1% | 11.5% | 10.6% | 10.0% |
| Operating margin | — | 8.0% | 11.7% | 9.2% | 6.9% | 5.9% | 4.2% |
| Net margin | — | -4.1% | 0.4% | 0.4% | 0.5% | 0.5% | 0.5% |
| Return on equity | — | -14.0% | 0.9% | 1.4% | 1.8% | 1.9% | 2.9% |
| Return on assets | — | -0.7% | 0.1% | 0.1% | 0.1% | 0.1% | 0.2% |
| Free cash flow yield | — | 49.6% | 46.8% | 99.2% | 152.3% | 411.4% | 127.8% |
| Revenue growth | — | 20.4% | -27.2% | -5.4% | 3.7% | 6.8% | 8.5% |
| Earnings growth | — | -1412.3% | -30.4% | -18.4% | 3.1% | 3.0% | 0.7% |
| Current ratio | — | 1.00x | 1.00x | 1.00x | 1.00x | 1.05x | 1.01x |
| Debt to equity | — | 11.82x | 10.28x | 9.39x | 8.96x | 8.51x | 6.65x |
| Equity ratio | — | 5.4% | 6.4% | 6.7% | 7.0% | 7.0% | 6.7% |
| Interest coverage | — | 0.67x | 1.16x | 1.18x | 1.31x | 1.33x | 1.45x |
| R&D as a share of sales | — | 0.1% | 0.1% | 0.0% | 0.0% | 0.0% | 0.0% |
| Buybacks as a share of market value | -18.9% | 8.6% | 3.4% | -31.7% | -79.4% | 41.3% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -6.1% | -1.7% | 5.8% |
| Operating income | -4.7% | 8.0% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 16.6% | 15.3% | 13.5% | 12.3% |
| Operating margin | 4.4% | 4.2% | 4.4% | 3.5% |
| Net margin | -2.1% | -0.7% | -0.3% | 0.0% |
Valuation history
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -9.3 | 153.7 | 134.4 | 69.0 | 44.9 | 96.1 | 84.8 | 128.0 | 130.4 | 191.9 |
| Price to sales | 0.4 | 0.6 | 0.5 | 0.3 | 0.2 | 0.5 | 0.4 | 0.7 | 0.8 | 1.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 8 Aug 2024.
| FY2024 | FY2017 | FY2011 | FY2010 | |
|---|---|---|---|---|
| Paid in the year | 0.01 | 0.05 | 0.012 | 0.01 |
- 8-for-5 split · 22 May 2018
- 13-for-10 split · 28 May 2014
- 2-for-1 split · 21 Sept 2011
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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