49.81
-3.07%
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¥13.63bn
FY2016FY2025
Net income
CN¥142.5m
FY2016FY2025
Free cash flow
−CN¥591.3m
FY2016FY2025
Shareholders' equity
CN¥25.47bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥13.63bn | CN¥10.16bn | CN¥12.04bn | CN¥12.59bn | CN¥7.98bn | CN¥4.28bn | CN¥3.16bn | CN¥2.46bn | CN¥2.11bn | CN¥1.15bn |
| Research and development | CN¥689.6m | CN¥662.8m | CN¥727.5m | CN¥724.3m | CN¥409.2m | CN¥178.2m | CN¥154.9m | CN¥96.6m | CN¥85.4m | CN¥41.4m |
| Operating income | CN¥741.4m | −CN¥616.0m | CN¥3.03bn | CN¥4.77bn | CN¥3.21bn | CN¥1.32bn | CN¥1.06bn | CN¥702.1m | CN¥636.3m | CN¥180.4m |
| Net income | CN¥142.5m | −CN¥556.3m | CN¥2.53bn | CN¥4.00bn | CN¥2.72bn | CN¥1.12bn | CN¥849.8m | CN¥518.4m | CN¥368.2m | CN¥165.4m |
| Diluted earnings per share | 0.15 | -0.59 | 2.57 | 4.41 | 3.06 | 1.35 | 1.05 | 0.68 | 0.81 | 0.45 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥48.75bn | CN¥47.20bn | CN¥47.20bn | CN¥38.62bn | CN¥26.12bn | CN¥20.57bn | CN¥12.19bn | CN¥7.70bn | CN¥5.03bn | CN¥1.89bn |
| Cash and short-term investments | — | CN¥3.08bn | CN¥4.66bn | CN¥3.96bn | CN¥1.84bn | CN¥3.72bn | CN¥1.01bn | CN¥314.2m | CN¥827.3m | CN¥639.6m |
| Total liabilities | CN¥21.53bn | CN¥20.99bn | CN¥18.52bn | CN¥19.77bn | CN¥11.58bn | CN¥8.98bn | CN¥7.31bn | CN¥3.63bn | CN¥1.55bn | CN¥317.4m |
| Debt | — | CN¥16.21bn | CN¥13.69bn | CN¥15.24bn | CN¥8.33bn | CN¥6.90bn | CN¥5.61bn | CN¥2.00bn | CN¥1.03bn | CN¥157.0m |
| Shareholders' equity | CN¥25.47bn | CN¥24.47bn | CN¥26.93bn | CN¥17.73bn | CN¥13.83bn | CN¥11.10bn | CN¥4.55bn | CN¥3.83bn | CN¥2.64bn | CN¥1.57bn |
| Shares outstanding | 966m | 947m | 984m | 907m | 889m | 826m | 810m | 762m | 455m | 371m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥1.14bn | CN¥1.16bn | CN¥2.67bn | CN¥503.6m | CN¥1.42bn | CN¥1.06bn | CN¥763.3m | CN¥171.0m | CN¥260.5m | CN¥111.0m |
| Capital spending | −CN¥1.73bn | −CN¥2.86bn | −CN¥7.82bn | −CN¥5.26bn | −CN¥4.00bn | −CN¥2.67bn | −CN¥2.12bn | −CN¥1.39bn | −CN¥1.13bn | −CN¥76.7m |
| Free cash flow | −CN¥591.3m | −CN¥1.70bn | −CN¥5.16bn | −CN¥4.75bn | −CN¥2.58bn | −CN¥1.61bn | −CN¥1.36bn | −CN¥1.22bn | −CN¥869.2m | CN¥34.3m |
| Dividends paid | −CN¥334.6m | −CN¥1.91bn | −CN¥719.0m | −CN¥270.0m | −CN¥150.7m | −CN¥337.2m | −CN¥337.7m | −CN¥223.0m | −CN¥109.9m | −CN¥83.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥4.76bn | CN¥3.91bn | CN¥4.09bn | CN¥3.78bn | CN¥3.03bn | CN¥2.73bn | CN¥2.70bn | CN¥2.68bn |
| Operating income | CN¥1.04bn | CN¥604.8m | CN¥686.1m | CN¥130.4m | CN¥706,334 | CN¥16.0m | −CN¥1.31bn | CN¥210.9m |
| Net income | CN¥560.0m | CN¥260.3m | CN¥228.9m | CN¥6.8m | −CN¥119.1m | CN¥26.0m | −CN¥999.8m | CN¥152.5m |
| Diluted earnings per share | 0.58 | 0.27 | 0.24 | 0.01 | -0.12 | 0.03 | -1.06 | 0.16 |
| Cash from operations | — | — | — | CN¥671.0m | CN¥85.0m | CN¥124.0m | −CN¥1.14bn | CN¥745.0m |
| Capital spending | −CN¥373.0m | −CN¥202.0m | −CN¥701.0m | −CN¥264.0m | −CN¥326.0m | −CN¥442.0m | −CN¥2.08bn | −CN¥2.73bn |
| Free cash flow | — | — | — | CN¥407.0m | −CN¥241.0m | −CN¥318.0m | −CN¥3.22bn | −CN¥1.98bn |
| Total assets | CN¥50.02bn | CN¥48.55bn | CN¥48.75bn | CN¥48.00bn | CN¥48.24bn | CN¥47.75bn | CN¥47.20bn | CN¥48.39bn |
| Cash and short-term investments | — | — | — | CN¥2.45bn | CN¥3.12bn | CN¥2.84bn | CN¥3.08bn | CN¥2.67bn |
| Debt | CN¥5.38bn | CN¥4.92bn | CN¥4.99bn | CN¥10.87bn | CN¥13.83bn | CN¥15.00bn | CN¥13.65bn | CN¥13.14bn |
| Shareholders' equity | CN¥26.05bn | CN¥25.58bn | CN¥25.47bn | CN¥24.78bn | CN¥24.79bn | CN¥24.63bn | CN¥24.47bn | CN¥25.65bn |
Financial ratios
Data as of 15 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | 5.4% | -6.1% | 25.2% | 37.9% | 40.2% | 30.7% |
| Net margin | 1.0% | -5.5% | 21.0% | 31.8% | 34.0% | 26.0% |
| Return on equity | 0.6% | -2.3% | 9.4% | 22.6% | 19.6% | 10.0% |
| Return on assets | 0.3% | -1.2% | 5.4% | 10.4% | 10.4% | 5.4% |
| Free cash flow yield | 6.2% | 8.9% | 22.3% | 13.3% | 12.7% | 9.4% |
| Revenue growth | 34.1% | -15.6% | -4.4% | 57.7% | 86.4% | 35.6% |
| Earnings growth | -125.6% | -122.0% | -36.8% | 47.2% | 143.6% | 31.3% |
| Current ratio | 1.05x | 1.01x | 1.41x | 1.10x | 1.36x | 2.03x |
| Debt to equity | 0.20x | 0.56x | 0.46x | 0.80x | 0.53x | 0.47x |
| Equity ratio | 52.2% | 51.8% | 57.0% | 45.9% | 53.0% | 54.0% |
| Interest coverage | 2.17x | -1.71x | 8.04x | 15.95x | 13.99x | 6.30x |
| R&D as a share of sales | 5.1% | 6.5% | 6.0% | 5.8% | 5.1% | 4.2% |
| Buybacks as a share of market value | -2.0% | 3.7% | -8.5% | -2.0% | -7.6% | -2.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 2.7% | 26.1% | 28.3% |
| Operating income | -46.2% | -10.9% | 16.7% |
| Net income | -67.1% | -33.7% | -0.5% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 0.5% | 16.4% | 20.5% | 21.5% |
| Net margin | -1.7% | 12.6% | 16.4% | 17.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 384.0 | -54.5 | 22.1 | 29.8 | 81.9 | 105.0 | 48.1 | 42.7 | 37.4 | 41.2 |
| Price to sales | 4.0 | 3.0 | 4.6 | 9.5 | 27.9 | 27.3 | 12.9 | 9.0 | 6.5 | 6.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 20 Oct 2026.
| FY2026 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.41 | 1.543 | 0.383 | 0.303 | 0.17 | 0.125 | 0.223 | 0.324 |
- 17-for-10 split · 9 Jul 2019
- 2-for-1 split · 17 Apr 2018
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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