L 
15.34
-1.86%
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¥25.99bn
FY2016FY2025
Net income
CN¥1.24bn
FY2016FY2025
Free cash flow
CN¥2.06bn
FY2016FY2025
Shareholders' equity
CN¥22.88bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥25.99bn | CN¥27.51bn | CN¥26.76bn | CN¥24.11bn | CN¥20.57bn | CN¥14.11bn | CN¥11.36bn | CN¥10.44bn | CN¥10.26bn | CN¥4.14bn |
| Gross profit | CN¥8.74bn | CN¥6.71bn | CN¥6.98bn | CN¥7.26bn | CN¥8.58bn | CN¥4.99bn | CN¥4.72bn | CN¥4.30bn | CN¥4.63bn | CN¥1.21bn |
| Research and development | CN¥1.13bn | CN¥1.18bn | CN¥1.01bn | CN¥1.01bn | CN¥1.01bn | CN¥538.8m | CN¥416.3m | CN¥399.5m | CN¥418.9m | CN¥115.9m |
| Operating income | CN¥2.45bn | CN¥2.92bn | CN¥3.92bn | CN¥4.09bn | CN¥5.55bn | CN¥2.83bn | CN¥3.05bn | CN¥2.70bn | CN¥3.11bn | CN¥598.3m |
| Net income | CN¥1.24bn | CN¥2.17bn | CN¥3.23bn | CN¥3.42bn | CN¥4.68bn | CN¥2.29bn | CN¥2.59bn | CN¥2.29bn | CN¥2.50bn | CN¥442.1m |
| Diluted earnings per share | 0.50 | 0.91 | 1.38 | 1.23 | 1.98 | 1.12 | 1.30 | 1.12 | 1.27 | 0.73 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥64.42bn | CN¥66.20bn | CN¥63.82bn | CN¥59.19bn | CN¥45.33bn | CN¥34.84bn | CN¥25.94bn | CN¥20.92bn | CN¥20.85bn | CN¥18.05bn |
| Cash and short-term investments | — | CN¥8.40bn | CN¥7.01bn | CN¥8.73bn | CN¥9.15bn | CN¥7.82bn | CN¥4.21bn | CN¥2.34bn | CN¥3.05bn | CN¥1.37bn |
| Total liabilities | CN¥37.07bn | CN¥40.41bn | CN¥38.79bn | CN¥35.92bn | CN¥24.54bn | CN¥19.00bn | CN¥11.87bn | CN¥8.29bn | CN¥7.51bn | CN¥5.31bn |
| Debt | — | CN¥22.67bn | CN¥24.71bn | CN¥16.25bn | CN¥16.47bn | CN¥14.32bn | CN¥8.29bn | CN¥5.81bn | CN¥5.05bn | CN¥2.96bn |
| Shareholders' equity | CN¥22.88bn | CN¥23.00bn | CN¥22.48bn | CN¥20.82bn | CN¥18.92bn | CN¥14.19bn | CN¥13.87bn | CN¥12.42bn | CN¥12.89bn | CN¥12.34bn |
| Shares outstanding | 2,480m | 2,374m | 2,339m | 2,773m | 2,365m | 2,053m | 1,991m | 2,032m | 1,970m | 605m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥3.97bn | CN¥3.80bn | CN¥3.40bn | CN¥3.20bn | CN¥4.33bn | CN¥3.12bn | CN¥2.00bn | CN¥2.03bn | CN¥2.37bn | CN¥432.2m |
| Capital spending | −CN¥1.90bn | −CN¥1.58bn | −CN¥2.94bn | −CN¥4.68bn | −CN¥2.76bn | −CN¥955.9m | −CN¥1.00bn | −CN¥454.8m | −CN¥164.3m | −CN¥193.8m |
| Free cash flow | CN¥2.06bn | CN¥2.21bn | CN¥463.7m | −CN¥1.48bn | CN¥1.57bn | CN¥2.16bn | CN¥1.00bn | CN¥1.58bn | CN¥2.20bn | CN¥238.4m |
| Dividends paid | −CN¥1.97bn | −CN¥2.93bn | −CN¥2.78bn | −CN¥3.16bn | −CN¥2.90bn | −CN¥2.05bn | −CN¥1.94bn | −CN¥2.67bn | −CN¥1.55bn | −CN¥791.9m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥7.26bn | CN¥7.16bn | CN¥6.54bn | CN¥6.11bn | CN¥6.28bn | CN¥7.05bn | CN¥6.65bn | CN¥7.07bn |
| Gross profit | CN¥1.84bn | CN¥1.06bn | CN¥1.14bn | CN¥1.19bn | CN¥1.55bn | CN¥1.61bn | CN¥1.09bn | CN¥1.86bn |
| Operating income | CN¥1.04bn | CN¥435.3m | CN¥153.1m | CN¥465.0m | CN¥819.4m | CN¥920.5m | CN¥301.2m | CN¥1.03bn |
| Net income | CN¥656.8m | CN¥187.0m | −CN¥429.9m | CN¥289.2m | CN¥699.1m | CN¥686.1m | −CN¥395.1m | CN¥842.2m |
| Diluted earnings per share | 0.26 | 0.08 | -0.17 | 0.12 | 0.28 | 0.28 | -0.17 | 0.35 |
| Cash from operations | — | — | — | CN¥1.02bn | CN¥1.30bn | CN¥217.0m | CN¥1.20bn | CN¥1.22bn |
| Capital spending | −CN¥951.0m | −CN¥482.0m | −CN¥538.0m | −CN¥485.0m | −CN¥488.0m | −CN¥390.0m | −CN¥323.0m | −CN¥804.0m |
| Free cash flow | — | — | — | CN¥535.0m | CN¥813.0m | −CN¥173.0m | CN¥881.0m | CN¥419.0m |
| Total assets | CN¥61.62bn | CN¥63.89bn | CN¥64.42bn | CN¥64.05bn | CN¥65.46bn | CN¥67.23bn | CN¥66.20bn | CN¥66.88bn |
| Cash and short-term investments | — | — | — | CN¥7.03bn | CN¥7.92bn | CN¥8.73bn | CN¥8.40bn | CN¥8.26bn |
| Debt | CN¥13.03bn | CN¥13.40bn | CN¥12.81bn | CN¥18.02bn | CN¥22.18bn | CN¥22.68bn | CN¥18.58bn | CN¥17.85bn |
| Shareholders' equity | CN¥22.82bn | CN¥22.84bn | CN¥22.88bn | CN¥23.49bn | CN¥23.22bn | CN¥23.71bn | CN¥23.00bn | CN¥23.87bn |
Financial ratios
Data as of 18 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 33.6% | 24.4% | 26.1% | 30.1% | 41.7% | 35.3% |
| Operating margin | 9.4% | 10.6% | 14.6% | 16.9% | 27.0% | 20.1% |
| Net margin | 4.8% | 7.9% | 12.1% | 14.2% | 22.7% | 16.2% |
| Return on equity | 5.4% | 9.4% | 14.4% | 16.4% | 24.7% | 16.1% |
| Return on assets | 1.9% | 3.3% | 5.1% | 5.8% | 10.3% | 6.6% |
| Free cash flow yield | 15.7% | 15.1% | 18.0% | 18.9% | 19.9% | 13.2% |
| Revenue growth | -5.5% | 2.8% | 11.0% | 17.2% | 45.7% | 24.2% |
| Earnings growth | -42.6% | -32.8% | -5.6% | -26.9% | 104.3% | -11.8% |
| Current ratio | 1.00x | 0.76x | 0.76x | 0.77x | 0.79x | 0.82x |
| Debt to equity | 0.56x | 0.81x | 0.84x | 0.67x | 0.45x | 0.53x |
| Equity ratio | 35.5% | 34.7% | 35.2% | 35.2% | 41.7% | 40.7% |
| Interest coverage | 4.27x | 3.23x | 7.04x | 9.24x | 17.41x | 10.38x |
| R&D as a share of sales | 4.4% | 4.3% | 3.8% | 4.2% | 4.9% | 3.8% |
| Buybacks as a share of market value | -4.5% | -1.5% | 15.6% | -17.3% | -15.2% | -3.1% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 2.5% | 13.0% | 25.7% |
| Operating income | -15.6% | -2.8% | 34.6% |
| Net income | -28.6% | -11.5% | 27.3% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 28.9% | 28.4% | 31.1% | 32.9% |
| Operating margin | 10.0% | 12.8% | 15.7% | 17.6% |
| Net margin | 6.4% | 9.6% | 12.2% | 14.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 39.0 | 19.4 | 12.4 | 15.3 | 14.5 | 27.6 | 11.8 | 10.9 | 12.6 | 17.3 |
| Price to sales | 1.9 | 1.5 | 1.5 | 2.2 | 3.3 | 4.5 | 2.7 | 2.4 | 3.1 | 1.9 |
Dividends and splits
Per share, in the currency the company pays
Paid for 14 years. Last went ex-dividend on 17 Dec 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.60 | 0.90 | 0.90 | 1.20 | 1.15 | 1.01 | 0.85 | 1.204 |
- 7-for-2 split · 27 Apr 2016
- 2-for-1 split · 23 Jul 2012
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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