R 
2.82
0.00%
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¥7.30bn
FY2016FY2025
Net income
CN¥16.1m
FY2016FY2025
Free cash flow
−CN¥13.1m
FY2016FY2025
Shareholders' equity
CN¥5.30bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥7.30bn | CN¥7.97bn | CN¥8.03bn | CN¥12.31bn | CN¥21.06bn | CN¥27.23bn | CN¥35.26bn | CN¥33.92bn | CN¥23.29bn | CN¥15.62bn |
| Gross profit | CN¥776.1m | CN¥870.7m | CN¥822.1m | CN¥1.63bn | CN¥3.74bn | CN¥4.86bn | CN¥6.66bn | CN¥6.38bn | CN¥4.21bn | CN¥2.42bn |
| Research and development | CN¥20.9m | CN¥34.9m | CN¥14.6m | CN¥22.7m | CN¥11.6m | CN¥8.9m | CN¥7.0m | — | CN¥1.3m | — |
| Operating income | CN¥68.2m | CN¥152.4m | CN¥187.9m | −CN¥1.30bn | CN¥499.1m | CN¥955.6m | CN¥129.7m | CN¥1.97bn | CN¥2.05bn | CN¥983.3m |
| Net income | CN¥16.1m | CN¥20.6m | CN¥20.3m | −CN¥1.83bn | CN¥131.2m | CN¥261.3m | −CN¥927.8m | CN¥771.2m | CN¥1.01bn | CN¥590.8m |
| Diluted earnings per share | 0.01 | 0.01 | 0.01 | -1.31 | 0.10 | 0.20 | -0.63 | 0.50 | 0.67 | 0.67 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥14.37bn | CN¥16.01bn | CN¥16.71bn | CN¥18.33bn | CN¥26.40bn | CN¥31.29bn | CN¥32.47bn | CN¥34.84bn | CN¥26.98bn | CN¥15.66bn |
| Cash and short-term investments | — | CN¥4.98bn | CN¥5.06bn | CN¥5.34bn | CN¥4.58bn | CN¥5.77bn | CN¥5.03bn | CN¥3.15bn | CN¥2.02bn | CN¥2.05bn |
| Total liabilities | CN¥8.95bn | CN¥10.32bn | CN¥11.07bn | CN¥12.58bn | CN¥16.70bn | CN¥21.65bn | CN¥22.21bn | CN¥23.53bn | CN¥17.31bn | CN¥8.15bn |
| Debt | CN¥234.7m | CN¥6.42bn | CN¥6.82bn | CN¥3.92bn | CN¥4.27bn | CN¥10.06bn | CN¥6.57bn | CN¥8.62bn | CN¥5.33bn | CN¥1.92bn |
| Shareholders' equity | CN¥5.30bn | CN¥5.54bn | CN¥5.45bn | CN¥5.41bn | CN¥7.57bn | CN¥7.47bn | CN¥7.19bn | CN¥8.45bn | CN¥7.81bn | CN¥6.88bn |
| Shares outstanding | 1,492m | 1,509m | 1,515m | 1,393m | 1,316m | 1,303m | 1,477m | 1,536m | 1,505m | 884m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥13.8m | CN¥160.4m | CN¥82.5m | CN¥523.1m | CN¥443.0m | CN¥415.0m | CN¥2.09bn | −CN¥201.7m | −CN¥2.42bn | −CN¥1.76bn |
| Capital spending | −CN¥26.8m | −CN¥111.5m | −CN¥298.4m | −CN¥171.0m | −CN¥461.1m | −CN¥505.4m | −CN¥934.9m | −CN¥604.3m | −CN¥385.2m | −CN¥317.3m |
| Free cash flow | −CN¥13.1m | CN¥48.9m | −CN¥215.9m | CN¥352.1m | −CN¥18.1m | −CN¥90.4m | CN¥1.16bn | −CN¥806.0m | −CN¥2.81bn | −CN¥2.08bn |
| Dividends paid | −CN¥174.5m | −CN¥198.7m | −CN¥201.7m | −CN¥13.3m | −CN¥316.3m | −CN¥346.6m | −CN¥499.6m | −CN¥516.1m | −CN¥224.3m | −CN¥114.3m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.71bn | CN¥1.71bn | CN¥1.89bn | CN¥1.86bn | CN¥1.79bn | CN¥1.76bn | CN¥1.91bn | CN¥2.02bn |
| Gross profit | CN¥170.1m | CN¥218.2m | CN¥151.7m | CN¥250.1m | CN¥131.0m | CN¥243.3m | CN¥80.1m | CN¥286.6m |
| Operating income | CN¥12.7m | CN¥62.8m | CN¥12.8m | CN¥35.3m | −CN¥42.5m | CN¥23.7m | −CN¥27.8m | CN¥7.9m |
| Net income | CN¥763,085 | CN¥10.4m | CN¥3.9m | −CN¥6.0m | CN¥4.0m | CN¥14.2m | −CN¥18.2m | CN¥6.0m |
| Diluted earnings per share | 0.00 | 0.01 | 0.00 | -0.00 | 0.00 | 0.01 | -0.01 | 0.00 |
| Cash from operations | — | — | — | −CN¥15.0m | CN¥24.0m | CN¥43.0m | CN¥149.0m | CN¥2.0m |
| Capital spending | −CN¥6.0m | −CN¥11.0m | — | −CN¥22.0m | −CN¥52.0m | −CN¥24.0m | −CN¥62.0m | −CN¥26.0m |
| Free cash flow | — | — | — | −CN¥37.0m | −CN¥28.0m | CN¥19.0m | CN¥87.0m | −CN¥24.0m |
| Total assets | CN¥15.95bn | CN¥15.55bn | CN¥14.37bn | CN¥15.33bn | CN¥17.29bn | CN¥16.04bn | CN¥16.01bn | CN¥16.42bn |
| Cash and short-term investments | — | — | — | CN¥4.24bn | CN¥5.98bn | CN¥4.97bn | CN¥4.98bn | CN¥4.69bn |
| Debt | CN¥215.3m | CN¥397.9m | CN¥234.7m | CN¥6.59bn | CN¥7.65bn | CN¥6.69bn | CN¥6.42bn | CN¥7.75bn |
| Shareholders' equity | CN¥5.31bn | CN¥5.32bn | CN¥5.30bn | CN¥5.35bn | CN¥5.36bn | CN¥5.51bn | CN¥5.54bn | CN¥5.51bn |
Financial ratios
Data as of 16 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 10.6% | 10.9% | 10.2% | 13.2% | 17.8% | 17.8% |
| Operating margin | 2.5% | 3.2% | 2.3% | -10.5% | 5.1% | 6.0% |
| Net margin | 0.2% | 0.3% | 0.3% | -14.9% | 0.6% | 1.0% |
| Return on equity | 0.3% | 0.4% | 0.4% | -33.9% | 1.7% | 3.5% |
| Return on assets | 0.1% | 0.1% | 0.1% | -10.0% | 0.5% | 0.8% |
| Free cash flow yield | 0.9% | 5.7% | 8.0% | 15.8% | 21.7% | 22.4% |
| Revenue growth | -8.4% | -0.8% | -34.7% | -41.5% | -22.7% | -22.8% |
| Earnings growth | -22.1% | 1.5% | -101.1% | -1495.7% | -49.8% | -128.2% |
| Current ratio | 1.09x | 1.12x | 1.07x | 1.03x | 1.25x | 1.25x |
| Debt to equity | 0.04x | 1.16x | 1.25x | 0.72x | 0.56x | 1.35x |
| Equity ratio | 36.9% | 34.6% | 32.6% | 29.5% | 28.7% | 23.9% |
| Interest coverage | 1.02x | 1.19x | 0.58x | -2.91x | 1.78x | 2.29x |
| R&D as a share of sales | 0.3% | 0.4% | 0.2% | 0.2% | 0.1% | 0.0% |
| Buybacks as a share of market value | 1.1% | 0.4% | -8.8% | -5.8% | -1.0% | 11.8% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -16.0% | -23.2% | -2.9% |
| Operating income | — | -41.0% | -14.0% |
| Net income | — | -42.7% | -23.6% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 10.8% | 11.5% | 15.1% | 16.6% |
| Operating margin | 1.4% | -2.5% | 0.7% | 3.0% |
| Net margin | 0.2% | -5.0% | -1.6% | 0.1% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 299.0 | 217.3 | 243.9 | -3.1 | 39.4 | 26.1 | -12.2 | 13.9 | 20.1 | 21.1 |
| Price to sales | 0.7 | 0.6 | 0.6 | 0.5 | 0.3 | 0.3 | 0.3 | 0.3 | 0.9 | 0.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 2 years. Last went ex-dividend on 30 Jun 2026.
| FY2026 | FY2025 | FY2024 | FY2022 | FY2021 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.002 | 0.004 | 0.02 | 0.009 | 0.018 | 0.052 | 0.068 | 0.04 |
- 2.3-for-1 split · 15 May 2017
- 2-for-1 split · 23 Sept 2015
- 2-for-1 split · 14 Jul 2014
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.