H 
3.78
-2.33%
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¥1.06bn
FY2016FY2025
Net income
CN¥70.6m
FY2016FY2025
Free cash flow
−CN¥113.7m
FY2016FY2025
Shareholders' equity
CN¥8.41bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.06bn | CN¥1.08bn | CN¥1.27bn | CN¥1.36bn | CN¥1.45bn | CN¥1.42bn | CN¥1.40bn | CN¥1.70bn | CN¥1.84bn | CN¥2.18bn |
| Research and development | CN¥2.0m | CN¥5.6m | CN¥14.4m | CN¥13.1m | CN¥12.8m | CN¥8.1m | CN¥7.4m | — | — | — |
| Operating income | CN¥150.1m | CN¥189.6m | CN¥279.6m | CN¥436.8m | CN¥442.2m | CN¥267.9m | CN¥397.9m | CN¥479.7m | CN¥424.6m | CN¥971.9m |
| Net income | CN¥70.6m | CN¥88.8m | CN¥177.5m | CN¥270.1m | CN¥327.9m | CN¥194.6m | CN¥279.3m | CN¥364.2m | CN¥302.7m | CN¥550.0m |
| Diluted earnings per share | 0.06 | 0.06 | 0.17 | 0.20 | 0.29 | 44.04 | -34.89 | 41.02 | -13.42 | 46.89 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥13.18bn | CN¥13.28bn | CN¥12.96bn | CN¥13.80bn | CN¥11.91bn | CN¥11.05bn | CN¥10.63bn | CN¥11.03bn | CN¥10.60bn | CN¥13.12bn |
| Cash and short-term investments | — | CN¥1.23bn | CN¥1.25bn | CN¥2.44bn | CN¥1.84bn | CN¥1.18bn | CN¥718.8m | CN¥919.7m | CN¥949.0m | CN¥1.91bn |
| Total liabilities | CN¥4.50bn | CN¥4.58bn | CN¥4.36bn | CN¥5.33bn | CN¥3.76bn | CN¥3.32bn | CN¥3.05bn | CN¥3.53bn | CN¥3.19bn | CN¥5.93bn |
| Debt | CN¥961.5m | CN¥994.9m | CN¥1.47bn | CN¥1.45bn | CN¥362.8m | CN¥400.6m | CN¥94.1m | CN¥648.4m | CN¥267.7m | CN¥487.9m |
| Shareholders' equity | CN¥8.41bn | CN¥8.44bn | CN¥8.37bn | CN¥8.25bn | CN¥8.02bn | CN¥7.72bn | CN¥7.55bn | CN¥7.46bn | CN¥7.33bn | CN¥7.09bn |
| Shares outstanding | 1,268m | 1,470m | 1,044m | 1,321m | 1,129m | 4m | — | 9m | — | 12m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥30.3m | CN¥394.2m | CN¥33.0m | CN¥10.9m | CN¥660.2m | CN¥547.5m | CN¥936.0m | CN¥408.6m | CN¥546.1m | CN¥513.7m |
| Capital spending | −CN¥144.0m | −CN¥128.8m | −CN¥116.0m | −CN¥214.4m | −CN¥321.6m | −CN¥294.1m | −CN¥483.3m | −CN¥554.8m | −CN¥681.2m | −CN¥1.16bn |
| Free cash flow | −CN¥113.7m | CN¥265.5m | −CN¥83.0m | −CN¥203.5m | CN¥338.6m | CN¥253.5m | CN¥452.7m | −CN¥146.3m | −CN¥135.2m | −CN¥643.1m |
| Dividends paid | −CN¥75.8m | −CN¥96.7m | −CN¥112.7m | −CN¥38.5m | −CN¥24.4m | −CN¥24.4m | −CN¥26.9m | −CN¥176.4m | −CN¥145.6m | −CN¥125.4m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥229.5m | CN¥239.9m | CN¥321.3m | CN¥244.0m | CN¥225.8m | CN¥256.4m | CN¥337.4m | CN¥247.1m |
| Operating income | CN¥26.7m | CN¥46.9m | CN¥44.9m | CN¥47.5m | −CN¥1.5m | CN¥88.3m | CN¥39.9m | CN¥31.2m |
| Net income | CN¥21.5m | CN¥37.3m | CN¥10.9m | CN¥13.4m | −CN¥13.4m | CN¥59.7m | CN¥16.7m | CN¥12.8m |
| Diluted earnings per share | 0.02 | 0.03 | 0.01 | 0.01 | -0.01 | 0.05 | 0.01 | 0.01 |
| Cash from operations | — | — | — | −CN¥203.0m | −CN¥12.0m | CN¥244.0m | — | CN¥34.0m |
| Capital spending | −CN¥71.0m | −CN¥40.0m | −CN¥12.0m | −CN¥37.0m | −CN¥51.0m | −CN¥42.0m | −CN¥21.0m | −CN¥30.0m |
| Free cash flow | — | — | — | −CN¥240.0m | −CN¥63.0m | CN¥202.0m | — | CN¥4.0m |
| Total assets | CN¥13.58bn | CN¥13.28bn | CN¥13.18bn | CN¥12.96bn | CN¥12.99bn | CN¥13.46bn | CN¥13.28bn | CN¥13.21bn |
| Cash and short-term investments | — | — | — | CN¥1.05bn | CN¥1.10bn | CN¥1.50bn | CN¥1.23bn | CN¥1.08bn |
| Debt | CN¥1.04bn | CN¥976.5m | CN¥961.5m | CN¥683.0m | CN¥1.07bn | CN¥1.04bn | CN¥984.4m | CN¥803.6m |
| Shareholders' equity | CN¥8.50bn | CN¥8.46bn | CN¥8.41bn | CN¥8.39bn | CN¥8.48bn | CN¥8.50bn | CN¥8.44bn | CN¥8.39bn |
Financial ratios
Data as of 14 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | 17.0% | 21.4% | 26.7% | 34.2% | 33.4% | 22.1% |
| Net margin | 6.7% | 8.2% | 14.0% | 19.9% | 22.6% | 13.7% |
| Return on equity | 0.8% | 1.1% | 2.1% | 3.3% | 4.1% | 2.5% |
| Return on assets | 0.5% | 0.7% | 1.4% | 2.0% | 2.8% | 1.8% |
| Free cash flow yield | 3.5% | 9.0% | 3.6% | 4.3% | 22.1% | 4835.2% |
| Revenue growth | -1.9% | -15.1% | -6.6% | -6.3% | 2.3% | 1.3% |
| Earnings growth | -20.5% | -49.9% | -34.3% | -17.6% | 68.5% | -30.3% |
| Current ratio | 0.93x | 1.11x | 0.87x | 1.12x | 1.29x | 1.10x |
| Debt to equity | 0.11x | 0.12x | 0.17x | 0.09x | 0.04x | 0.05x |
| Equity ratio | 63.8% | 63.5% | 64.6% | 59.8% | 67.3% | 69.8% |
| Interest coverage | 5.18x | 4.91x | 5.44x | 8.20x | 15.15x | 13.96x |
| R&D as a share of sales | 0.2% | 0.5% | 1.1% | 1.0% | 0.9% | 0.6% |
| Buybacks as a share of market value | 13.8% | -40.8% | 20.9% | -17.0% | -25457.4% | 155.2% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -8.1% | -5.7% | -5.5% |
| Operating income | -30.0% | -10.9% | -14.1% |
| Net income | -36.1% | -18.3% | -18.5% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 15.9% | 22.2% | 23.1% | 28.5% |
| Net margin | 7.5% | 12.7% | 14.8% | 19.1% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 85.3 | 77.0 | 24.1 | 22.9 | 16.9 | 0.1 | -0.1 | 0.1 | -0.6 | 0.2 |
| Price to sales | 5.7 | 6.3 | 3.4 | 4.6 | 3.8 | 0.0 | -0.0 | 0.0 | -0.1 | 0.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 16 years. Last went ex-dividend on 8 Jul 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.04 | 0.038 | 0.043 | 0.045 | 0.03 | 0.019 | 0.019 | 0.021 |
- 2-for-1 split · 31 May 2013
- 2-for-1 split · 26 May 2011
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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