T 
13.04
-1.21%
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¥7.79bn
FY2016FY2025
Net income
−CN¥762.9m
FY2016FY2025
Free cash flow
−CN¥243.3m
FY2016FY2025
Shareholders' equity
CN¥4.10bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥7.79bn | CN¥7.84bn | CN¥9.19bn | CN¥10.60bn | CN¥10.50bn | CN¥8.53bn | CN¥7.06bn | CN¥6.02bn | CN¥5.30bn | CN¥5.22bn |
| Gross profit | CN¥1.69bn | CN¥1.89bn | CN¥2.16bn | CN¥2.14bn | CN¥2.13bn | CN¥1.94bn | CN¥1.73bn | CN¥1.34bn | CN¥1.17bn | CN¥1.04bn |
| Research and development | CN¥470.5m | CN¥356.1m | CN¥517.3m | CN¥712.2m | CN¥617.4m | CN¥496.1m | CN¥323.5m | CN¥325.6m | CN¥229.5m | CN¥177.2m |
| Operating income | CN¥154.2m | CN¥233.0m | CN¥450.1m | CN¥436.8m | CN¥445.8m | CN¥394.4m | CN¥378.9m | CN¥290.3m | CN¥322.7m | CN¥278.9m |
| Net income | −CN¥762.9m | CN¥191.1m | CN¥375.2m | CN¥376.3m | CN¥373.1m | CN¥368.7m | CN¥335.4m | CN¥316.1m | CN¥291.9m | CN¥301.6m |
| Diluted earnings per share | -1.22 | 0.31 | 0.60 | 0.64 | 0.64 | 0.64 | 0.59 | 0.55 | 0.49 | 0.51 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥15.24bn | CN¥16.01bn | CN¥16.20bn | CN¥15.86bn | CN¥17.11bn | CN¥13.52bn | CN¥10.66bn | CN¥9.35bn | CN¥8.62bn | CN¥7.60bn |
| Cash and short-term investments | — | CN¥2.25bn | CN¥1.68bn | CN¥2.45bn | CN¥2.90bn | CN¥2.76bn | CN¥2.19bn | CN¥1.67bn | CN¥1.35bn | CN¥1.14bn |
| Total liabilities | CN¥10.72bn | CN¥10.41bn | CN¥10.71bn | CN¥11.36bn | CN¥13.17bn | CN¥9.74bn | CN¥7.23bn | CN¥6.31bn | CN¥5.81bn | CN¥5.17bn |
| Debt | CN¥537.9m | CN¥2.37bn | CN¥2.78bn | CN¥1.77bn | CN¥1.97bn | CN¥1.67bn | CN¥1.90bn | CN¥806.0m | CN¥901.3m | CN¥851.5m |
| Shareholders' equity | CN¥4.10bn | CN¥5.24bn | CN¥5.18bn | CN¥4.21bn | CN¥3.70bn | CN¥3.52bn | CN¥3.24bn | CN¥2.85bn | CN¥2.62bn | CN¥2.41bn |
| Shares outstanding | 623m | 623m | 623m | 584m | 580m | 578m | 569m | 577m | 592m | 595m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥84.8m | −CN¥207.2m | −CN¥554.7m | CN¥162.3m | CN¥739.3m | CN¥1.08bn | −CN¥282.6m | CN¥680.5m | CN¥321.2m | CN¥90.5m |
| Capital spending | −CN¥328.0m | −CN¥242.8m | −CN¥228.1m | −CN¥250.4m | −CN¥325.6m | −CN¥145.7m | −CN¥230.4m | −CN¥122.9m | −CN¥80.7m | −CN¥359.1m |
| Free cash flow | −CN¥243.3m | −CN¥450.0m | −CN¥782.7m | −CN¥88.1m | CN¥413.7m | CN¥938.3m | −CN¥513.0m | CN¥557.6m | CN¥240.4m | −CN¥268.6m |
| Dividends paid | −CN¥131.2m | −CN¥177.9m | −CN¥161.0m | −CN¥175.5m | −CN¥195.2m | −CN¥149.8m | −CN¥145.1m | −CN¥133.6m | −CN¥132.1m | −CN¥90.6m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥803.2m | CN¥885.6m | CN¥3.10bn | CN¥1.08bn | CN¥2.39bn | CN¥1.40bn | CN¥3.50bn | CN¥1.72bn |
| Gross profit | CN¥143.4m | CN¥317.7m | CN¥412.2m | CN¥438.8m | CN¥468.1m | CN¥393.8m | CN¥631.4m | CN¥560.4m |
| Operating income | −CN¥233.7m | −CN¥92.3m | CN¥74.9m | CN¥35.2m | CN¥11.4m | CN¥21.7m | CN¥265.3m | CN¥130.4m |
| Net income | −CN¥233.4m | −CN¥119.6m | −CN¥760.3m | −CN¥5.6m | −CN¥6.6m | CN¥16.3m | CN¥219.4m | CN¥130.6m |
| Diluted earnings per share | -0.37 | -0.19 | -1.22 | -0.01 | -0.01 | 0.03 | 0.35 | 0.21 |
| Cash from operations | — | — | — | CN¥200.0m | −CN¥603.0m | −CN¥1.41bn | CN¥1.39bn | CN¥247.0m |
| Capital spending | −CN¥28.0m | −CN¥42.0m | −CN¥130.0m | −CN¥93.0m | −CN¥80.0m | −CN¥23.0m | −CN¥134.0m | −CN¥38.0m |
| Free cash flow | — | — | — | CN¥107.0m | −CN¥683.0m | −CN¥1.43bn | CN¥1.26bn | CN¥209.0m |
| Total assets | CN¥15.35bn | CN¥15.25bn | CN¥15.24bn | CN¥15.23bn | CN¥15.55bn | CN¥15.44bn | CN¥16.01bn | CN¥15.62bn |
| Cash and short-term investments | — | — | — | CN¥1.00bn | CN¥831.4m | CN¥934.1m | CN¥2.25bn | CN¥1.07bn |
| Debt | CN¥557.5m | CN¥557.5m | CN¥537.9m | CN¥3.56bn | CN¥3.18bn | CN¥3.03bn | CN¥2.37bn | CN¥3.62bn |
| Shareholders' equity | CN¥3.72bn | CN¥3.98bn | CN¥4.10bn | CN¥5.19bn | CN¥5.25bn | CN¥5.26bn | CN¥5.24bn | CN¥5.02bn |
Financial ratios
Data as of 1 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 21.7% | 24.1% | 23.5% | 20.2% | 20.3% | 22.7% |
| Operating margin | 2.0% | 3.0% | 4.9% | 4.1% | 4.2% | 4.6% |
| Net margin | -9.8% | 2.4% | 4.1% | 3.5% | 3.6% | 4.3% |
| Return on equity | -18.6% | 3.6% | 7.3% | 8.9% | 10.1% | 10.5% |
| Return on assets | -5.0% | 1.2% | 2.3% | 2.4% | 2.2% | 2.7% |
| Free cash flow yield | 5.2% | 0.5% | -4.2% | 5.6% | 14.6% | 16.9% |
| Revenue growth | -0.6% | -14.8% | -13.3% | 0.9% | 23.1% | 20.8% |
| Earnings growth | -499.3% | -49.1% | -0.3% | 0.9% | 1.2% | 9.9% |
| Current ratio | 1.10x | 1.21x | 1.20x | 1.17x | 1.14x | 1.27x |
| Debt to equity | 0.13x | 0.45x | 0.53x | 0.41x | 0.46x | 0.47x |
| Equity ratio | 26.9% | 32.7% | 31.9% | 26.6% | 21.6% | 26.0% |
| Interest coverage | 2.56x | 3.90x | 8.85x | 4.01x | 3.58x | 4.98x |
| R&D as a share of sales | 6.0% | 4.5% | 5.6% | 6.7% | 5.9% | 5.8% |
| Buybacks as a share of market value | 0.0% | 0.0% | -6.8% | -0.7% | -0.3% | -1.7% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -9.8% | -1.8% | 4.9% |
| Operating income | -29.3% | -17.1% | -1.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 22.9% | 22.2% | 21.9% | 21.8% |
| Operating margin | 2.5% | 3.6% | 3.9% | 4.3% |
| Net margin | -3.7% | 0.5% | 1.7% | 2.9% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -20.0 | 77.2 | 49.0 | 43.6 | 42.8 | 41.0 | 47.1 | 30.3 | 36.7 | 43.1 |
| Price to sales | 2.0 | 1.9 | 2.0 | 1.6 | 1.5 | 1.8 | 2.2 | 1.6 | 2.0 | 2.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 15 years. Last went ex-dividend on 10 Jul 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.093 | 0.181 | 0.182 | 0.194 | 0.191 | 0.174 | 0.164 | 0.151 |
- 7-for-5 split · 9 Jul 2020
- 3-for-2 split · 16 Jun 2015
- 6-for-5 split · 11 Jun 2012
- 2-for-1 split · 24 May 2011
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.