5.93
-1.98%
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¥5.77bn
FY2016FY2025
Net income
−CN¥107.8m
FY2016FY2025
Free cash flow
CN¥118.9m
FY2016FY2025
Shareholders' equity
CN¥1.79bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥5.77bn | CN¥5.56bn | CN¥4.11bn | CN¥4.13bn | CN¥4.29bn | CN¥2.19bn | CN¥2.57bn | CN¥3.03bn | CN¥2.46bn | CN¥2.05bn |
| Gross profit | CN¥976.6m | CN¥425.0m | −CN¥314.5m | CN¥415.1m | CN¥499.2m | CN¥162.7m | CN¥269.7m | CN¥330.7m | CN¥307.7m | CN¥266.0m |
| Research and development | CN¥132.2m | CN¥138.9m | CN¥108.3m | CN¥94.4m | CN¥103.2m | CN¥48.0m | CN¥60.6m | CN¥69.8m | CN¥60.1m | CN¥43.7m |
| Operating income | CN¥14.1m | −CN¥48.9m | −CN¥656.3m | CN¥205.9m | CN¥302.7m | CN¥94.9m | CN¥103.1m | CN¥145.6m | CN¥84.4m | CN¥96.2m |
| Net income | −CN¥107.8m | CN¥108.7m | −CN¥466.1m | CN¥135.8m | CN¥225.7m | CN¥66.5m | CN¥64.7m | CN¥105.8m | CN¥104.6m | CN¥79.8m |
| Diluted earnings per share | -0.44 | 0.18 | -0.71 | 0.20 | 0.38 | 0.17 | 0.12 | 0.21 | 0.20 | 0.18 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥11.78bn | CN¥11.66bn | CN¥11.44bn | CN¥10.07bn | CN¥7.20bn | CN¥5.01bn | CN¥2.86bn | CN¥2.84bn | CN¥2.61bn | CN¥1.95bn |
| Cash and short-term investments | — | CN¥774.5m | CN¥756.7m | CN¥1.02bn | CN¥866.3m | CN¥577.6m | CN¥526.4m | CN¥752.0m | CN¥628.6m | CN¥175.5m |
| Total liabilities | CN¥9.85bn | CN¥9.35bn | CN¥9.06bn | CN¥7.08bn | CN¥4.75bn | CN¥3.12bn | CN¥1.53bn | CN¥1.49bn | CN¥1.29bn | CN¥1.10bn |
| Debt | CN¥2.03bn | CN¥5.24bn | CN¥5.32bn | CN¥4.71bn | CN¥2.80bn | CN¥1.90bn | CN¥988.4m | CN¥835.3m | CN¥641.0m | CN¥654.0m |
| Shareholders' equity | CN¥1.79bn | CN¥1.98bn | CN¥1.86bn | CN¥2.37bn | CN¥1.91bn | CN¥1.43bn | CN¥1.33bn | CN¥1.34bn | CN¥1.32bn | CN¥848.9m |
| Shares outstanding | 244m | 602m | 658m | 676m | 594m | 390m | 544m | 504m | 514m | 451m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥725.8m | CN¥955.8m | CN¥408.3m | CN¥179.1m | CN¥279.8m | CN¥181.8m | CN¥214.1m | CN¥261.6m | CN¥219.1m | CN¥184.1m |
| Capital spending | −CN¥606.9m | −CN¥962.2m | −CN¥1.56bn | −CN¥2.34bn | −CN¥1.56bn | −CN¥935.8m | −CN¥455.6m | −CN¥234.7m | −CN¥112.2m | −CN¥106.4m |
| Free cash flow | CN¥118.9m | −CN¥6.4m | −CN¥1.15bn | −CN¥2.16bn | −CN¥1.28bn | −CN¥754.0m | −CN¥241.5m | CN¥27.0m | CN¥106.8m | CN¥77.7m |
| Dividends paid | −CN¥266.5m | −CN¥240.4m | −CN¥269.7m | −CN¥215.7m | −CN¥163.3m | −CN¥111.1m | −CN¥92.8m | −CN¥83.2m | −CN¥78.2m | −CN¥76.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.66bn | CN¥1.46bn | CN¥1.49bn | CN¥1.37bn | CN¥1.46bn | CN¥1.45bn | CN¥1.65bn | CN¥1.27bn |
| Gross profit | CN¥180.8m | CN¥122.4m | CN¥30.9m | CN¥30.5m | CN¥84.0m | CN¥137.3m | CN¥82.7m | CN¥106.4m |
| Operating income | CN¥108.5m | CN¥68.2m | −CN¥69.5m | −CN¥85.3m | −CN¥36.2m | CN¥70.3m | −CN¥30.7m | CN¥16.3m |
| Net income | CN¥52.2m | CN¥18.5m | −CN¥112.6m | −CN¥49.1m | CN¥11.7m | CN¥42.2m | CN¥6.0m | CN¥857,508 |
| Diluted earnings per share | 0.21 | 0.08 | -0.46 | -0.20 | 0.05 | 0.17 | 0.01 | 0.00 |
| Cash from operations | — | — | — | CN¥127.0m | CN¥161.0m | CN¥198.0m | CN¥474.0m | CN¥178.0m |
| Capital spending | −CN¥81.0m | −CN¥213.0m | −CN¥112.0m | −CN¥138.0m | −CN¥54.0m | −CN¥301.0m | −CN¥207.0m | −CN¥112.0m |
| Free cash flow | — | — | — | −CN¥11.0m | CN¥107.0m | −CN¥103.0m | CN¥267.0m | CN¥66.0m |
| Total assets | CN¥12.73bn | CN¥12.38bn | CN¥11.78bn | CN¥12.35bn | CN¥12.96bn | CN¥12.37bn | CN¥11.66bn | CN¥12.00bn |
| Cash and short-term investments | — | — | — | CN¥1.09bn | CN¥1.71bn | CN¥1.14bn | CN¥774.5m | CN¥949.2m |
| Debt | CN¥1.04bn | CN¥1.27bn | CN¥2.03bn | CN¥5.16bn | CN¥6.31bn | CN¥5.62bn | CN¥5.24bn | CN¥5.55bn |
| Shareholders' equity | CN¥2.80bn | CN¥2.74bn | CN¥1.79bn | CN¥1.96bn | CN¥2.00bn | CN¥2.03bn | CN¥1.98bn | CN¥1.97bn |
Financial ratios
Data as of 8 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 16.9% | 7.6% | -7.6% | 10.0% | 11.6% | 7.4% |
| Operating margin | -0.3% | 3.4% | -12.7% | 5.3% | 7.3% | 4.6% |
| Net margin | -1.9% | 2.0% | -11.3% | 3.3% | 5.3% | 3.0% |
| Return on equity | -6.0% | 5.5% | -25.0% | 5.7% | 11.8% | 4.6% |
| Return on assets | -0.9% | 0.9% | -4.1% | 1.3% | 3.1% | 1.3% |
| Free cash flow yield | 79.5% | 46.3% | 43.4% | 54.3% | 45.0% | 41.7% |
| Revenue growth | 3.8% | 35.1% | -0.4% | -3.6% | 96.0% | -15.1% |
| Earnings growth | -199.2% | -123.3% | -443.2% | -39.8% | 239.6% | 2.7% |
| Current ratio | 0.40x | 0.37x | 0.43x | 0.68x | 0.76x | 0.84x |
| Debt to equity | 1.13x | 2.65x | 2.86x | 1.97x | 1.46x | 1.33x |
| Equity ratio | 15.2% | 17.0% | 16.3% | 23.6% | 26.5% | 28.7% |
| Interest coverage | -0.07x | 0.80x | -3.98x | 2.41x | 4.87x | 3.74x |
| R&D as a share of sales | 2.3% | 2.5% | 2.6% | 2.3% | 2.4% | 2.2% |
| Buybacks as a share of market value | 59.6% | 8.4% | 2.6% | -13.6% | -52.5% | 28.4% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 11.8% | 21.4% | 9.6% |
| Operating income | -59.1% | -31.7% | -13.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 12.4% | 7.7% | 8.3% | 9.3% |
| Operating margin | -0.3% | -2.5% | -0.3% | 1.0% |
| Net margin | 0.0% | -1.7% | -0.1% | 1.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -16.2 | 41.4 | -10.5 | 46.2 | 34.9 | 34.7 | 53.3 | 23.9 | 18.4 | 21.1 |
| Price to sales | 0.3 | 0.8 | 1.2 | 1.5 | 1.8 | 1.1 | 1.3 | 0.8 | 0.8 | 0.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 1 years. Last went ex-dividend on 30 Apr 2025.
| FY2025 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.06 | 0.05 | 0.05 | 0.10 | 0.135 | 0.10 | 0.10 | 0.10 |
- 2-for-1 split · 12 May 2015
- 9-for-5 split · 27 May 2014
- 3-for-2 split · 26 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.