H 
9.98
+0.71%
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¥1.33bn
FY2016FY2025
Net income
CN¥866.1m
FY2016FY2025
Free cash flow
−CN¥2.4m
FY2016FY2025
Shareholders' equity
CN¥3.99bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.33bn | CN¥1.67bn | CN¥1.73bn | CN¥1.40bn | CN¥1.28bn | CN¥3.00bn | CN¥5.96bn | CN¥4.95bn | CN¥4.07bn | CN¥2.07bn |
| Research and development | CN¥19.8m | CN¥20.6m | CN¥28.6m | CN¥38.7m | CN¥34.2m | CN¥34.0m | CN¥35.4m | CN¥30.1m | CN¥23.3m | CN¥18.4m |
| Operating income | −CN¥31.3m | −CN¥72.0m | −CN¥49.7m | −CN¥230.8m | CN¥77.4m | CN¥2.95bn | CN¥246.6m | CN¥157.8m | CN¥126.4m | CN¥50.6m |
| Net income | CN¥866.1m | −CN¥72.0m | −CN¥51.9m | −CN¥189.4m | CN¥61.6m | CN¥2.16bn | CN¥192.6m | CN¥129.6m | CN¥106.9m | CN¥39.3m |
| Diluted earnings per share | 1.95 | -0.13 | -0.12 | -0.44 | 0.13 | 4.28 | 0.38 | 0.25 | 0.22 | 0.07 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥5.65bn | CN¥4.89bn | CN¥5.62bn | CN¥5.23bn | CN¥5.51bn | CN¥6.21bn | CN¥6.42bn | CN¥5.54bn | CN¥5.15bn | CN¥5.05bn |
| Cash and short-term investments | — | CN¥1.47bn | CN¥1.82bn | CN¥1.83bn | CN¥2.27bn | CN¥3.28bn | CN¥542.4m | CN¥667.8m | CN¥622.4m | CN¥510.8m |
| Total liabilities | CN¥1.69bn | CN¥1.36bn | CN¥1.52bn | CN¥1.04bn | CN¥1.07bn | CN¥729.6m | CN¥3.02bn | CN¥2.19bn | CN¥1.88bn | CN¥1.86bn |
| Debt | CN¥342.2m | CN¥291.4m | CN¥675.3m | CN¥529.8m | CN¥536.7m | CN¥300.0m | CN¥1.30bn | CN¥1.00bn | CN¥1.01bn | CN¥1.00bn |
| Shareholders' equity | CN¥3.99bn | CN¥3.56bn | CN¥4.13bn | CN¥4.21bn | CN¥4.45bn | CN¥5.49bn | CN¥3.40bn | CN¥3.34bn | CN¥3.27bn | CN¥3.18bn |
| Shares outstanding | 444m | 575m | 432m | 433m | 477m | 504m | 513m | 526m | 481m | 539m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥113.4m | CN¥86.8m | CN¥432.2m | −CN¥148.8m | CN¥70.1m | CN¥335.0m | CN¥477.0m | CN¥571.8m | CN¥226.0m | −CN¥351.6m |
| Capital spending | −CN¥115.8m | −CN¥125.0m | −CN¥88.6m | −CN¥130.0m | −CN¥194.8m | −CN¥102.1m | −CN¥347.3m | −CN¥341.7m | −CN¥198.2m | −CN¥353.3m |
| Free cash flow | −CN¥2.4m | −CN¥38.2m | CN¥343.7m | −CN¥278.8m | −CN¥124.7m | CN¥232.9m | CN¥129.7m | CN¥230.1m | CN¥27.8m | −CN¥704.9m |
| Dividends paid | −CN¥451.3m | −CN¥464.9m | −CN¥44.3m | −CN¥44.3m | −CN¥469.7m | −CN¥43.2m | −CN¥39.7m | −CN¥104.2m | −CN¥76.0m | −CN¥56.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥201.3m | CN¥505.2m | CN¥265.3m | CN¥373.7m | CN¥276.1m | CN¥412.7m | CN¥492.2m | CN¥361.1m |
| Operating income | −CN¥55.1m | CN¥39.6m | −CN¥29.2m | CN¥25.0m | −CN¥57.6m | CN¥44.9m | −CN¥12.3m | −CN¥24.2m |
| Net income | −CN¥366.8m | CN¥1.11bn | CN¥870.8m | CN¥15.1m | −CN¥59.6m | CN¥39.8m | −CN¥11.2m | −CN¥24.5m |
| Diluted earnings per share | -0.83 | 2.50 | 1.96 | 0.03 | -0.13 | 0.09 | -0.02 | -0.04 |
| Cash from operations | — | — | — | CN¥89.0m | CN¥47.0m | CN¥66.0m | — | CN¥105.0m |
| Capital spending | −CN¥14.0m | −CN¥27.0m | −CN¥16.0m | −CN¥43.0m | −CN¥35.0m | −CN¥21.0m | −CN¥31.0m | −CN¥25.0m |
| Free cash flow | — | — | — | CN¥46.0m | CN¥12.0m | CN¥45.0m | — | CN¥80.0m |
| Total assets | CN¥6.69bn | CN¥7.47bn | CN¥5.65bn | CN¥4.50bn | CN¥4.43bn | CN¥4.98bn | CN¥4.89bn | CN¥4.79bn |
| Cash and short-term investments | — | — | — | CN¥1.25bn | CN¥1.19bn | CN¥1.66bn | CN¥1.47bn | CN¥1.56bn |
| Debt | — | CN¥131.0m | CN¥342.2m | CN¥558.9m | CN¥628.7m | CN¥600.9m | CN¥273.4m | CN¥431.3m |
| Shareholders' equity | CN¥4.49bn | CN¥5.11bn | CN¥3.99bn | CN¥3.12bn | CN¥3.11bn | CN¥3.60bn | CN¥3.56bn | CN¥3.58bn |
Financial ratios
Data as of 18 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | 87.9% | -2.9% | -1.8% | -15.7% | 6.5% | 98.0% |
| Net margin | 65.2% | -4.3% | -3.0% | -13.5% | 4.8% | 71.8% |
| Return on equity | 21.7% | -2.0% | -1.3% | -4.5% | 1.4% | 39.2% |
| Return on assets | 15.3% | -1.5% | -0.9% | -3.6% | 1.1% | 34.7% |
| Free cash flow yield | 5.7% | 4.1% | 13.3% | -0.5% | 6.1% | 9.6% |
| Revenue growth | -20.5% | -3.4% | 23.4% | 9.3% | -57.3% | -49.7% |
| Earnings growth | -1303.6% | 38.7% | -72.6% | -407.3% | -97.1% | 1018.8% |
| Current ratio | 2.11x | 2.12x | 3.15x | 4.18x | 4.55x | 7.15x |
| Debt to equity | 0.09x | 0.08x | 0.16x | 0.09x | 0.10x | 0.05x |
| Equity ratio | 70.7% | 72.8% | 73.5% | 80.6% | 80.8% | 88.4% |
| Interest coverage | 50.92x | -1.75x | -1.63x | -15.43x | 5.05x | 97.54x |
| R&D as a share of sales | 1.5% | 1.2% | 1.7% | 2.8% | 2.7% | 1.1% |
| Buybacks as a share of market value | 22.8% | -33.1% | 0.2% | 9.2% | 5.3% | 1.8% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -1.8% | -15.1% | 1.8% |
| Operating income | -48.6% | — | 6.3% |
| Net income | — | -16.7% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -3.4% | -6.3% | 25.4% | 11.2% |
| Net margin | 26.5% | 9.0% | 26.6% | 11.3% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 5.7 | -66.2 | -63.9 | -21.7 | 67.3 | 3.0 | 22.3 | 30.6 | 52.7 | 120.9 |
| Price to sales | 3.7 | 2.9 | 1.9 | 2.9 | 3.2 | 2.2 | 0.7 | 0.8 | 1.4 | 2.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 9 years. Last went ex-dividend on 1 Jun 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.60 | 1.00 | 1.00 | 0.10 | 0.10 | 1.00 | 0.086 | 0.079 |
- 2-for-1 split · 26 May 2017
- 2-for-1 split · 27 Apr 2012
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.