J 
2.75
-1.08%
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¥2.34bn
FY2016FY2025
Net income
−CN¥57.0m
FY2016FY2025
Free cash flow
CN¥464.8m
FY2016FY2025
Shareholders' equity
CN¥1.83bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥2.34bn | CN¥2.36bn | CN¥4.05bn | CN¥8.17bn | CN¥10.38bn | CN¥9.03bn | CN¥11.83bn | CN¥16.73bn | CN¥19.41bn | CN¥11.29bn |
| Gross profit | CN¥263.2m | CN¥287.7m | CN¥523.3m | CN¥681.9m | CN¥592.5m | CN¥152.3m | CN¥1.64bn | CN¥3.08bn | CN¥3.23bn | CN¥2.14bn |
| Research and development | CN¥28.8m | CN¥51.8m | CN¥113.1m | CN¥270.3m | CN¥441.5m | CN¥283.7m | CN¥433.1m | CN¥524.7m | CN¥546.0m | CN¥418.3m |
| Operating income | −CN¥95.2m | −CN¥754.8m | −CN¥889.7m | −CN¥274.9m | −CN¥1.94bn | −CN¥1.06bn | CN¥245.0m | CN¥937.7m | CN¥426.4m | CN¥58.1m |
| Net income | −CN¥57.0m | −CN¥1.17bn | −CN¥1.50bn | −CN¥475.6m | −CN¥4.19bn | −CN¥2.92bn | CN¥54.6m | −CN¥288.0m | CN¥305.5m | CN¥74.3m |
| Diluted earnings per share | -0.07 | -1.35 | -1.81 | -0.54 | -4.81 | -3.53 | 0.07 | -0.32 | 0.45 | 0.13 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥4.60bn | CN¥5.52bn | CN¥7.71bn | CN¥9.55bn | CN¥13.72bn | CN¥16.24bn | CN¥21.41bn | CN¥25.58bn | CN¥31.83bn | CN¥24.92bn |
| Cash and short-term investments | — | CN¥1.97bn | CN¥744.6m | CN¥817.8m | CN¥2.26bn | CN¥3.21bn | CN¥3.58bn | CN¥2.40bn | CN¥7.71bn | CN¥3.07bn |
| Total liabilities | CN¥2.78bn | CN¥4.11bn | CN¥8.28bn | CN¥8.57bn | CN¥11.96bn | CN¥10.62bn | CN¥12.74bn | CN¥16.63bn | CN¥22.57bn | CN¥19.04bn |
| Debt | — | CN¥483.7m | CN¥3.98bn | CN¥4.31bn | CN¥4.95bn | CN¥4.70bn | CN¥6.04bn | CN¥8.30bn | CN¥11.76bn | CN¥10.07bn |
| Shareholders' equity | CN¥1.83bn | CN¥1.42bn | −CN¥558.3m | CN¥990.0m | CN¥1.77bn | CN¥5.63bn | CN¥8.66bn | CN¥8.62bn | CN¥8.99bn | CN¥5.67bn |
| Shares outstanding | 872m | 872m | 828m | 874m | 871m | 828m | 761m | 905m | 680m | 576m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥552.2m | −CN¥659.2m | CN¥289.7m | CN¥387.2m | CN¥1.09bn | CN¥248.7m | CN¥4.14bn | CN¥2.72bn | −CN¥591.5m | −CN¥1.35bn |
| Capital spending | −CN¥87.4m | −CN¥148.1m | −CN¥157.6m | −CN¥359.0m | −CN¥1.13bn | −CN¥712.9m | −CN¥613.3m | −CN¥554.4m | −CN¥366.4m | −CN¥894.4m |
| Free cash flow | CN¥464.8m | −CN¥807.3m | CN¥132.0m | CN¥28.2m | −CN¥38.4m | −CN¥464.2m | CN¥3.53bn | CN¥2.17bn | −CN¥958.0m | −CN¥2.24bn |
| Dividends paid | −CN¥6.5m | −CN¥257.2m | −CN¥36.7m | −CN¥201.6m | −CN¥298.8m | −CN¥432.2m | −CN¥821.2m | −CN¥843.9m | −CN¥820.9m | −CN¥672.7m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥825.2m | CN¥653.1m | CN¥983.1m | CN¥520.8m | CN¥524.8m | CN¥312.4m | −CN¥119.3m | CN¥658.4m |
| Gross profit | CN¥64.3m | CN¥69.9m | CN¥120.8m | CN¥53.6m | CN¥60.8m | CN¥22.5m | −CN¥123.1m | CN¥120.8m |
| Operating income | −CN¥28.9m | −CN¥10.7m | CN¥41.2m | −CN¥56.2m | CN¥1.6m | −CN¥78.6m | −CN¥523.7m | −CN¥128.4m |
| Net income | CN¥99.3m | CN¥15.6m | CN¥83.4m | −CN¥69.1m | CN¥5.8m | −CN¥77.0m | −CN¥720.1m | −CN¥188.2m |
| Diluted earnings per share | 0.11 | 0.02 | 0.10 | -0.08 | 0.01 | -0.09 | -0.83 | -0.22 |
| Cash from operations | — | — | — | CN¥340.0m | CN¥139.0m | CN¥563.0m | — | CN¥12.0m |
| Capital spending | −CN¥10.0m | −CN¥10.0m | −CN¥78.0m | −CN¥5.0m | — | −CN¥3.0m | −CN¥142.0m | −CN¥1.0m |
| Free cash flow | — | — | — | CN¥335.0m | — | CN¥560.0m | — | CN¥11.0m |
| Total assets | CN¥4.95bn | CN¥4.78bn | CN¥4.60bn | CN¥5.55bn | CN¥5.09bn | CN¥5.32bn | CN¥5.52bn | CN¥6.81bn |
| Cash and short-term investments | — | — | — | CN¥1.88bn | CN¥1.56bn | CN¥1.81bn | CN¥1.97bn | CN¥560.5m |
| Debt | — | — | — | CN¥406.4m | CN¥85.0m | CN¥177.7m | CN¥478.6m | CN¥3.25bn |
| Shareholders' equity | CN¥1.98bn | CN¥1.87bn | CN¥1.83bn | CN¥1.86bn | CN¥1.81bn | CN¥1.73bn | CN¥1.42bn | −CN¥980.0m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -34.1% | -23.7% | -15.2% |
| Operating income | -29.8% | -38.3% | — |
| Net income | -50.7% | -54.5% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 11.7% | 10.4% | 6.9% | 14.2% |
| Operating margin | -18.1% | -11.9% | -13.8% | -2.5% |
| Net margin | -26.2% | -18.9% | -28.4% | -9.1% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -51.9 | -1.8 | -1.6 | -7.4 | -1.4 | -1.6 | 85.7 | -26.2 | 32.9 | 110.2 |
| Price to sales | 1.3 | 0.9 | 0.6 | 0.4 | 0.6 | 0.5 | 0.4 | 0.5 | 0.5 | 0.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 5 Jul 2018.
| FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.05 | 0.05 |
- 2-for-1 split · 16 May 2012
- 9-for-5 split · 16 Apr 2010
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.