C 
21.97
+10.02%
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¥2.72bn
FY2016FY2025
Net income
CN¥101.0m
FY2016FY2025
Free cash flow
−CN¥66.1m
FY2016FY2025
Shareholders' equity
CN¥1.73bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥2.72bn | CN¥2.31bn | CN¥1.82bn | CN¥1.49bn | CN¥1.62bn | CN¥1.43bn | CN¥1.31bn | CN¥1.35bn | CN¥1.46bn | CN¥1.11bn |
| Gross profit | CN¥461.8m | CN¥325.9m | CN¥121.4m | −CN¥5.4m | CN¥182.7m | CN¥241.7m | CN¥236.8m | CN¥254.5m | CN¥336.3m | CN¥279.3m |
| Research and development | CN¥106.0m | CN¥97.0m | CN¥94.0m | CN¥79.2m | CN¥62.9m | CN¥56.1m | CN¥54.0m | CN¥63.2m | CN¥54.6m | CN¥46.0m |
| Operating income | CN¥127.6m | CN¥33.7m | −CN¥151.9m | −CN¥268.4m | −CN¥111.2m | CN¥24.4m | CN¥11.4m | −CN¥92.8m | CN¥15.8m | CN¥63.8m |
| Net income | CN¥101.0m | CN¥51.0m | −CN¥116.9m | −CN¥234.2m | −CN¥81.2m | CN¥50.4m | CN¥11.5m | −CN¥90.4m | CN¥12.1m | CN¥64.5m |
| Diluted earnings per share | 0.18 | 0.09 | -0.22 | -0.48 | -0.16 | 0.11 | 0.03 | -0.20 | 0.03 | 0.14 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥3.91bn | CN¥3.53bn | CN¥3.25bn | CN¥2.71bn | CN¥2.66bn | CN¥2.65bn | CN¥2.17bn | CN¥2.18bn | CN¥2.35bn | CN¥2.39bn |
| Cash and short-term investments | — | CN¥588.3m | CN¥653.7m | CN¥197.2m | CN¥213.2m | CN¥218.1m | CN¥135.6m | CN¥208.1m | CN¥174.0m | CN¥260.3m |
| Total liabilities | CN¥2.17bn | CN¥1.81bn | CN¥1.58bn | CN¥1.47bn | CN¥1.23bn | CN¥1.18bn | CN¥747.4m | CN¥767.6m | CN¥837.8m | CN¥874.9m |
| Debt | CN¥140.5m | CN¥909.6m | CN¥689.3m | CN¥585.2m | CN¥416.6m | CN¥271.1m | CN¥226.9m | CN¥289.4m | CN¥381.0m | CN¥409.2m |
| Shareholders' equity | CN¥1.73bn | CN¥1.69bn | CN¥1.69bn | CN¥1.25bn | CN¥1.43bn | CN¥1.47bn | CN¥1.42bn | CN¥1.41bn | CN¥1.51bn | CN¥1.52bn |
| Shares outstanding | 558m | 562m | 543m | 492m | 495m | 469m | 413m | 452m | 460m | 455m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥39.1m | −CN¥103.8m | CN¥8.7m | −CN¥138.5m | −CN¥45.2m | CN¥133.1m | CN¥81.4m | CN¥179.0m | CN¥151.3m | CN¥34.0m |
| Capital spending | −CN¥105.2m | −CN¥96.2m | −CN¥72.2m | −CN¥159.1m | −CN¥190.7m | −CN¥11.8m | −CN¥21.7m | −CN¥74.5m | −CN¥141.5m | −CN¥133.7m |
| Free cash flow | −CN¥66.1m | −CN¥199.9m | −CN¥63.5m | −CN¥297.6m | −CN¥235.9m | CN¥121.3m | CN¥59.6m | CN¥104.5m | CN¥9.8m | −CN¥99.7m |
| Dividends paid | −CN¥31.2m | −CN¥27.8m | −CN¥25.9m | −CN¥20.0m | −CN¥12.4m | −CN¥8.4m | −CN¥11.8m | −CN¥22.2m | −CN¥28.6m | −CN¥22.9m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥782.5m | CN¥697.5m | CN¥826.4m | CN¥624.3m | CN¥654.4m | CN¥605.9m | CN¥603.3m | CN¥582.5m |
| Gross profit | CN¥115.0m | CN¥106.3m | CN¥143.3m | CN¥91.2m | CN¥111.0m | CN¥102.1m | CN¥78.4m | CN¥74.9m |
| Operating income | CN¥18.5m | CN¥22.8m | CN¥47.8m | CN¥9.7m | CN¥27.6m | CN¥23.6m | CN¥6.4m | −CN¥4.6m |
| Net income | CN¥25.1m | CN¥32.1m | CN¥37.4m | CN¥10.6m | CN¥27.5m | CN¥25.4m | CN¥10.8m | −CN¥3.3m |
| Diluted earnings per share | 0.05 | 0.06 | 0.07 | 0.02 | 0.05 | 0.05 | 0.02 | -0.01 |
| Cash from operations | — | — | — | CN¥71.0m | −CN¥12.0m | — | — | −CN¥38.0m |
| Capital spending | −CN¥95.0m | −CN¥47.0m | −CN¥30.0m | −CN¥11.0m | −CN¥34.0m | −CN¥29.0m | −CN¥24.0m | −CN¥16.0m |
| Free cash flow | — | — | — | CN¥60.0m | −CN¥46.0m | — | — | −CN¥54.0m |
| Total assets | CN¥4.60bn | CN¥4.06bn | CN¥3.91bn | CN¥3.74bn | CN¥3.61bn | CN¥3.51bn | CN¥3.53bn | CN¥3.28bn |
| Cash and short-term investments | — | — | — | CN¥699.6m | CN¥556.2m | CN¥533.0m | CN¥588.3m | CN¥446.5m |
| Debt | CN¥687.0m | CN¥300.7m | CN¥140.5m | CN¥1.17bn | CN¥941.3m | CN¥933.0m | CN¥904.1m | CN¥729.9m |
| Shareholders' equity | CN¥1.81bn | CN¥1.77bn | CN¥1.73bn | CN¥1.69bn | CN¥1.68bn | CN¥1.65bn | CN¥1.69bn | CN¥1.75bn |
Financial ratios
Data as of 9 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 23.5% | 14.1% | 6.7% | -0.4% | 11.3% | 16.9% |
| Operating margin | 4.5% | 2.1% | -8.7% | -17.6% | -6.7% | 2.2% |
| Net margin | 3.7% | 2.2% | -6.4% | -15.7% | -5.0% | 3.5% |
| Return on equity | 5.8% | 3.0% | -6.9% | -18.8% | -5.7% | 3.4% |
| Return on assets | 2.6% | 1.4% | -3.6% | -8.6% | -3.0% | 1.9% |
| Free cash flow yield | 1.6% | -0.1% | 0.9% | 0.3% | 1.8% | 1.9% |
| Revenue growth | 17.6% | 26.7% | 22.5% | -8.3% | 13.1% | 9.5% |
| Earnings growth | 98.0% | -143.6% | -50.1% | 188.3% | -261.3% | 336.8% |
| Current ratio | 1.24x | 1.27x | 1.20x | 0.89x | 1.16x | 1.23x |
| Debt to equity | 0.08x | 0.53x | 0.39x | 0.47x | 0.29x | 0.17x |
| Equity ratio | 44.3% | 47.9% | 52.0% | 46.0% | 53.8% | 55.5% |
| Interest coverage | 3.53x | 1.72x | -4.95x | -11.62x | -7.52x | 2.52x |
| R&D as a share of sales | 3.9% | 4.2% | 5.2% | 5.3% | 3.9% | 3.9% |
| Buybacks as a share of market value | 0.6% | -3.4% | -10.4% | 0.6% | -5.6% | -13.7% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 22.2% | 13.6% | 17.4% |
| Operating income | — | 39.3% | 13.8% |
| Net income | — | 14.9% | 10.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 15.7% | 10.8% | 11.7% | 15.1% |
| Operating margin | 3.2% | -3.1% | -3.0% | -1.8% |
| Net margin | 3.0% | -2.4% | -2.0% | -1.1% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 73.4 | 122.7 | -38.5 | -11.7 | -42.5 | 56.7 | 290.2 | -38.1 | 261.6 | 90.4 |
| Price to sales | 2.7 | 2.7 | 2.5 | 1.8 | 2.1 | 2.0 | 2.5 | 2.5 | 2.2 | 5.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 11 Jul 2018.
| FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | |
|---|---|---|---|---|---|
| Paid in the year | 0.02 | 0.03 | 0.02 | 0.068 | 0.046 |
- 11-for-5 split · 9 Oct 2015
- 7-for-5 split · 29 Apr 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.