B 
84.90
-0.39%
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¥794.02bn
FY2016FY2025
Net income
CN¥32.62bn
FY2016FY2025
Free cash flow
−CN¥97.31bn
FY2016FY2025
Shareholders' equity
CN¥227.54bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥794.02bn | CN¥777.10bn | CN¥602.32bn | CN¥424.06bn | CN¥216.14bn | CN¥156.60bn | CN¥127.74bn | CN¥130.05bn | CN¥105.91bn | CN¥103.47bn |
| Gross profit | CN¥119.45bn | CN¥148.16bn | CN¥109.67bn | CN¥71.41bn | CN¥27.44bn | CN¥29.85bn | CN¥20.66bn | CN¥21.10bn | CN¥19.91bn | CN¥20.71bn |
| Research and development | CN¥52.85bn | CN¥53.19bn | CN¥39.57bn | CN¥18.65bn | CN¥7.99bn | CN¥7.46bn | CN¥5.63bn | CN¥4.99bn | CN¥3.74bn | CN¥3.17bn |
| Operating income | CN¥22.87bn | CN¥50.49bn | CN¥38.10bn | CN¥21.54bn | CN¥4.63bn | CN¥7.09bn | CN¥4.75bn | CN¥5.43bn | CN¥6.86bn | CN¥7.29bn |
| Net income | CN¥32.62bn | CN¥40.25bn | CN¥30.04bn | CN¥16.62bn | CN¥3.05bn | CN¥4.23bn | CN¥1.61bn | CN¥2.78bn | CN¥4.07bn | CN¥5.05bn |
| Diluted earnings per share | 3.58 | 4.61 | 3.44 | 1.91 | 0.35 | 0.50 | 0.18 | 0.32 | 0.47 | 0.64 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥889.93bn | CN¥783.36bn | CN¥679.55bn | CN¥493.86bn | CN¥295.78bn | CN¥201.02bn | CN¥195.64bn | CN¥194.57bn | CN¥178.10bn | CN¥145.07bn |
| Cash and short-term investments | CN¥139.14bn | CN¥143.24bn | CN¥118.66bn | CN¥72.10bn | CN¥56.06bn | CN¥14.45bn | CN¥12.68bn | CN¥13.05bn | CN¥9.90bn | CN¥7.69bn |
| Total liabilities | CN¥650.12bn | CN¥584.67bn | CN¥529.09bn | CN¥372.47bn | CN¥191.54bn | CN¥136.56bn | CN¥133.04bn | CN¥133.88bn | CN¥118.14bn | CN¥89.66bn |
| Debt | CN¥138.00bn | CN¥191.84bn | CN¥219.97bn | CN¥142.55bn | CN¥75.82bn | CN¥52.28bn | CN¥76.54bn | CN¥59.20bn | CN¥56.63bn | CN¥42.27bn |
| Shareholders' equity | CN¥227.54bn | CN¥185.25bn | CN¥138.81bn | CN¥111.03bn | CN¥95.07bn | CN¥56.87bn | CN¥56.76bn | CN¥55.20bn | CN¥55.00bn | CN¥51.26bn |
| Shares outstanding | 9,117m | 8,728m | 8,732m | 8,717m | 8,662m | 8,473m | 8,979m | 8,733m | 8,664m | 7,887m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥59.50bn | CN¥133.45bn | CN¥169.73bn | CN¥140.84bn | CN¥65.47bn | CN¥45.39bn | CN¥14.74bn | CN¥12.52bn | CN¥6.58bn | −CN¥1.85bn |
| Capital spending | −CN¥156.81bn | −CN¥97.36bn | −CN¥122.09bn | −CN¥97.46bn | −CN¥37.34bn | −CN¥11.77bn | −CN¥20.63bn | −CN¥17.84bn | −CN¥14.78bn | −CN¥13.05bn |
| Free cash flow | −CN¥97.31bn | CN¥36.09bn | CN¥47.63bn | CN¥43.38bn | CN¥28.12bn | CN¥33.62bn | −CN¥5.89bn | −CN¥5.32bn | −CN¥8.20bn | −CN¥14.90bn |
| Dividends paid | −CN¥14.51bn | −CN¥9.64bn | −CN¥3.97bn | −CN¥1.55bn | −CN¥423.4m | −CN¥163.7m | −CN¥556.5m | −CN¥3.92bn | −CN¥3.15bn | −CN¥3.16bn |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥194.59bn | CN¥150.23bn | CN¥237.70bn | CN¥194.98bn | CN¥200.92bn | CN¥170.36bn | CN¥274.85bn | CN¥201.12bn |
| Gross profit | CN¥36.74bn | CN¥28.25bn | CN¥38.05bn | CN¥34.35bn | CN¥31.46bn | CN¥34.19bn | CN¥43.86bn | CN¥44.03bn |
| Operating income | CN¥14.55bn | CN¥7.18bn | CN¥9.64bn | CN¥5.73bn | CN¥9.52bn | CN¥11.02bn | CN¥18.74bn | CN¥14.42bn |
| Net income | CN¥8.24bn | CN¥4.08bn | CN¥9.29bn | CN¥7.82bn | CN¥6.36bn | CN¥9.15bn | CN¥15.02bn | CN¥11.61bn |
| Diluted earnings per share | 0.90 | 0.45 | 1.02 | 0.86 | 0.70 | 1.00 | 1.72 | 1.33 |
| Cash from operations | — | — | CN¥18.34bn | CN¥9.01bn | CN¥23.25bn | CN¥8.58bn | CN¥77.18bn | CN¥42.09bn |
| Capital spending | −CN¥22.64bn | −CN¥22.06bn | −CN¥41.87bn | −CN¥34.41bn | −CN¥43.25bn | −CN¥37.28bn | −CN¥27.84bn | −CN¥22.29bn |
| Free cash flow | — | — | −CN¥23.53bn | −CN¥25.40bn | −CN¥20.00bn | −CN¥28.70bn | CN¥49.34bn | CN¥19.80bn |
| Total assets | CN¥941.28bn | CN¥902.08bn | CN¥889.93bn | CN¥901.93bn | CN¥846.34bn | CN¥840.53bn | CN¥783.36bn | CN¥764.26bn |
| Cash and short-term investments | — | — | CN¥139.14bn | CN¥175.25bn | CN¥147.43bn | CN¥153.39bn | CN¥143.24bn | CN¥91.73bn |
| Debt | CN¥76.20bn | CN¥65.57bn | CN¥138.00bn | CN¥24.10bn | CN¥41.18bn | CN¥31.48bn | CN¥30.58bn | CN¥40.13bn |
| Shareholders' equity | CN¥260.82bn | CN¥249.92bn | CN¥227.54bn | CN¥219.86bn | CN¥232.17bn | CN¥233.36bn | CN¥185.25bn | CN¥155.46bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 23.3% | 38.4% | 25.8% |
| Operating income | 2.0% | 26.4% | 21.8% |
| Net income | 25.2% | 50.4% | 27.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 17.0% | 17.3% | 17.0% | 17.1% |
| Operating margin | 4.7% | 5.1% | 4.9% | 4.9% |
| Net margin | 4.6% | 4.6% | 4.3% | 4.1% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 27.3 | 20.3 | 19.0 | 44.5 | 252.1 | 128.6 | 87.7 | 53.0 | 45.8 | 25.6 |
| Price to sales | 1.1 | 1.1 | 0.9 | 1.8 | 3.5 | 3.5 | 1.1 | 1.1 | 1.8 | 1.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 10 years. Last went ex-dividend on 31 Jul 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.358 | 1.325 | 1.033 | 0.381 | 0.035 | 0.049 | 0.02 | 0.068 |
- 3-for-1 split · 29 Jul 2025
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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