V 
11.88
-0.08%
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¥3.72bn
FY2016FY2025
Net income
CN¥284.5m
FY2016FY2025
Free cash flow
CN¥396.4m
FY2016FY2025
Shareholders' equity
CN¥7.14bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥3.72bn | CN¥3.69bn | CN¥4.31bn | CN¥5.08bn | CN¥4.36bn | CN¥2.92bn | CN¥2.87bn | CN¥2.63bn | CN¥2.46bn | CN¥1.85bn |
| Gross profit | CN¥1.47bn | CN¥1.36bn | CN¥1.77bn | CN¥1.85bn | CN¥1.52bn | CN¥1.27bn | CN¥1.22bn | CN¥1.04bn | CN¥953.8m | CN¥739.4m |
| Research and development | CN¥438.6m | CN¥427.8m | CN¥368.1m | CN¥357.5m | CN¥295.3m | CN¥249.9m | CN¥251.4m | CN¥193.6m | CN¥182.6m | CN¥95.4m |
| Operating income | CN¥527.4m | CN¥416.2m | CN¥958.0m | CN¥973.3m | CN¥768.8m | CN¥633.3m | CN¥612.0m | CN¥502.0m | CN¥441.4m | CN¥378.9m |
| Net income | CN¥284.5m | CN¥246.3m | CN¥763.0m | CN¥721.3m | CN¥626.7m | CN¥504.7m | CN¥506.7m | CN¥444.5m | CN¥385.3m | CN¥318.7m |
| Diluted earnings per share | 0.32 | 0.24 | 0.85 | 0.78 | 0.70 | 0.59 | 0.58 | 0.48 | 0.42 | 0.37 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥10.75bn | CN¥10.59bn | CN¥10.13bn | CN¥9.26bn | CN¥7.88bn | CN¥6.67bn | CN¥5.91bn | CN¥5.12bn | CN¥4.55bn | CN¥4.30bn |
| Cash and short-term investments | — | CN¥1.24bn | CN¥1.25bn | CN¥1.19bn | CN¥1.35bn | CN¥1.05bn | CN¥881.5m | CN¥646.5m | CN¥627.3m | CN¥497.2m |
| Total liabilities | CN¥2.80bn | CN¥2.82bn | CN¥2.47bn | CN¥2.48bn | CN¥1.85bn | CN¥1.20bn | CN¥894.0m | CN¥511.1m | CN¥481.7m | CN¥442.2m |
| Debt | CN¥1.27bn | CN¥1.62bn | CN¥1.54bn | CN¥837.8m | CN¥504.9m | CN¥531.0m | CN¥206.3m | CN¥8.1m | CN¥9.8m | CN¥11.6m |
| Shareholders' equity | CN¥7.14bn | CN¥7.01bn | CN¥6.99bn | CN¥6.29bn | CN¥5.61bn | CN¥5.16bn | CN¥4.82bn | CN¥4.43bn | CN¥4.06bn | CN¥3.85bn |
| Shares outstanding | 881m | 1,014m | 893m | 925m | 897m | 854m | 872m | 926m | 922m | 853m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥1.09bn | CN¥1.10bn | CN¥1.08bn | CN¥983.0m | CN¥1.04bn | CN¥558.7m | CN¥757.2m | CN¥430.7m | CN¥612.3m | CN¥152.7m |
| Capital spending | −CN¥693.5m | −CN¥1.11bn | −CN¥1.40bn | −CN¥1.29bn | −CN¥731.5m | −CN¥659.1m | −CN¥852.9m | −CN¥546.7m | −CN¥383.5m | −CN¥444.3m |
| Free cash flow | CN¥396.4m | −CN¥12.2m | −CN¥311.9m | −CN¥312.0m | CN¥313.2m | −CN¥100.5m | −CN¥95.8m | −CN¥116.0m | CN¥228.8m | −CN¥291.6m |
| Dividends paid | −CN¥132.4m | −CN¥326.4m | −CN¥310.0m | −CN¥237.2m | −CN¥186.4m | −CN¥185.5m | −CN¥160.0m | −CN¥139.7m | −CN¥128.9m | −CN¥131.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥968.1m | CN¥1.02bn | CN¥890.3m | CN¥956.4m | CN¥1.01bn | CN¥861.2m | CN¥930.7m | CN¥806.3m |
| Gross profit | CN¥364.5m | CN¥364.9m | CN¥362.5m | CN¥389.6m | CN¥394.7m | CN¥323.5m | CN¥253.1m | CN¥330.1m |
| Operating income | CN¥136.3m | CN¥139.7m | CN¥96.3m | CN¥127.0m | CN¥160.2m | CN¥124.7m | −CN¥16.0m | CN¥102.0m |
| Net income | CN¥89.6m | CN¥87.8m | −CN¥21.2m | CN¥87.5m | CN¥138.3m | CN¥79.9m | −CN¥49.7m | CN¥80.7m |
| Diluted earnings per share | 0.10 | 0.10 | -0.02 | 0.10 | 0.16 | 0.09 | -0.05 | 0.08 |
| Cash from operations | — | — | — | CN¥391.0m | CN¥465.0m | CN¥125.0m | — | CN¥323.0m |
| Capital spending | −CN¥155.0m | −CN¥166.0m | −CN¥157.0m | −CN¥144.0m | −CN¥188.0m | −CN¥202.0m | −CN¥243.0m | −CN¥285.0m |
| Free cash flow | — | — | — | CN¥247.0m | CN¥277.0m | −CN¥77.0m | — | CN¥38.0m |
| Total assets | CN¥11.17bn | CN¥11.01bn | CN¥10.75bn | CN¥10.85bn | CN¥10.67bn | CN¥10.70bn | CN¥10.59bn | CN¥10.69bn |
| Cash and short-term investments | — | — | — | CN¥1.37bn | CN¥1.19bn | CN¥1.21bn | CN¥1.24bn | CN¥1.52bn |
| Debt | CN¥1.32bn | CN¥1.39bn | CN¥1.27bn | CN¥471.1m | CN¥1.58bn | CN¥1.73bn | CN¥1.59bn | CN¥1.86bn |
| Shareholders' equity | CN¥7.10bn | CN¥7.15bn | CN¥7.14bn | CN¥7.20bn | CN¥7.16bn | CN¥7.10bn | CN¥7.01bn | CN¥7.04bn |
Financial ratios
Data as of 30 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 39.6% | 36.8% | 41.2% | 36.4% | 35.0% | 43.6% |
| Operating margin | 14.2% | 11.3% | 22.3% | 19.2% | 17.6% | 21.7% |
| Net margin | 7.7% | 6.7% | 17.7% | 14.2% | 14.4% | 17.3% |
| Return on equity | 4.0% | 3.5% | 10.9% | 11.5% | 11.2% | 9.8% |
| Return on assets | 2.6% | 2.3% | 7.5% | 7.8% | 8.0% | 7.6% |
| Free cash flow yield | 16.2% | 17.4% | 22.2% | 19.7% | 15.8% | 11.4% |
| Revenue growth | 0.6% | -14.2% | -15.3% | 16.6% | 49.4% | 1.7% |
| Earnings growth | 15.5% | -67.7% | 5.8% | 15.1% | 24.2% | -0.4% |
| Current ratio | 2.68x | 2.86x | 3.03x | 1.87x | 2.48x | 2.85x |
| Debt to equity | 0.18x | 0.23x | 0.19x | 0.08x | 0.08x | 0.10x |
| Equity ratio | 66.4% | 66.2% | 69.0% | 67.9% | 71.3% | 77.4% |
| Interest coverage | 25.04x | 12.90x | 27.15x | 30.93x | 35.17x | 38.62x |
| R&D as a share of sales | 11.8% | 11.6% | 8.6% | 7.0% | 6.8% | 8.6% |
| Buybacks as a share of market value | 13.1% | -13.6% | 3.4% | -3.2% | -5.0% | 2.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -9.9% | 5.0% | 8.6% |
| Operating income | -18.5% | -3.6% | 6.0% |
| Net income | -26.7% | -10.8% | 1.0% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 38.2% | 38.4% | 38.4% | 38.7% |
| Operating margin | 12.7% | 17.1% | 17.8% | 18.3% |
| Net margin | 7.2% | 12.0% | 13.1% | 14.2% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 46.5 | 49.4 | 19.4 | 18.8 | 33.8 | 36.8 | 26.1 | 21.1 | 25.6 | 38.9 |
| Price to sales | 3.6 | 3.3 | 3.4 | 2.7 | 4.9 | 6.4 | 4.6 | 3.6 | 4.0 | 6.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 14 years. Last went ex-dividend on 11 Jun 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.125 | 0.10 | 0.30 | 0.295 | 0.255 | 0.205 | 0.204 | 0.176 |
- 5-for-2 split · 15 May 2017
- 2-for-1 split · 26 Apr 2013
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.