C 
17.36
+2.18%
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¥171.4m
FY2016FY2025
Net income
−CN¥225.7m
FY2016FY2025
Free cash flow
CN¥42.8m
FY2016FY2025
Shareholders' equity
CN¥846.6m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | −CN¥171.4m | CN¥136.5m | CN¥167.2m | CN¥342.8m | CN¥278.4m | CN¥218.6m | CN¥276.8m | CN¥276.4m | CN¥175.4m | CN¥151.4m |
| Gross profit | −CN¥219.5m | CN¥70.0m | CN¥75.1m | CN¥147.3m | CN¥137.9m | CN¥121.8m | CN¥146.0m | CN¥134.0m | CN¥96.6m | CN¥76.0m |
| Research and development | CN¥9.1m | CN¥11.2m | CN¥11.4m | CN¥12.6m | CN¥9.5m | CN¥11.4m | CN¥8.6m | CN¥9.0m | CN¥8.0m | CN¥10.3m |
| Operating income | −CN¥254.4m | CN¥17.7m | CN¥57.5m | CN¥82.8m | CN¥126.2m | CN¥95.3m | CN¥113.8m | CN¥113.4m | CN¥47.3m | CN¥61.2m |
| Net income | −CN¥225.7m | CN¥16.0m | CN¥50.0m | CN¥72.7m | CN¥111.4m | CN¥82.4m | CN¥96.1m | CN¥99.6m | CN¥32.9m | CN¥56.0m |
| Diluted earnings per share | -1.88 | 0.12 | 0.43 | 0.62 | 0.91 | 0.69 | 1.03 | 1.10 | 0.27 | 0.47 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥940.8m | CN¥1.26bn | CN¥1.41bn | CN¥1.34bn | CN¥1.22bn | CN¥1.12bn | CN¥571.0m | CN¥460.5m | CN¥374.8m | CN¥295.0m |
| Cash and short-term investments | — | CN¥516.9m | CN¥491.7m | CN¥296.0m | CN¥393.9m | CN¥497.7m | CN¥54.1m | CN¥82.7m | CN¥125.5m | CN¥51.2m |
| Total liabilities | CN¥94.1m | CN¥166.4m | CN¥314.8m | CN¥272.6m | CN¥204.0m | CN¥199.7m | CN¥195.0m | CN¥180.5m | CN¥173.0m | CN¥158.7m |
| Debt | — | CN¥54.7m | CN¥131.0m | CN¥99.4m | CN¥46.6m | CN¥93.3m | CN¥14.5m | CN¥11.3m | CN¥54.1m | CN¥43.8m |
| Shareholders' equity | CN¥846.6m | CN¥1.09bn | CN¥1.10bn | CN¥1.07bn | CN¥1.01bn | CN¥924.1m | CN¥376.0m | CN¥280.0m | CN¥201.9m | CN¥136.3m |
| Shares outstanding | 120m | 133m | 116m | 118m | 123m | 119m | 93m | 90m | 120m | 120m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥44.0m | CN¥60.6m | CN¥242.1m | −CN¥24.8m | CN¥4.4m | CN¥27.9m | −CN¥2.7m | CN¥60.6m | CN¥46.8m | CN¥7.3m |
| Capital spending | −CN¥1.2m | −CN¥13.9m | −CN¥23.9m | −CN¥43.0m | −CN¥89.4m | −CN¥45.1m | −CN¥37.7m | −CN¥30.4m | −CN¥435,183 | −CN¥724,100 |
| Free cash flow | CN¥42.8m | CN¥46.8m | CN¥218.2m | −CN¥67.8m | −CN¥84.9m | −CN¥17.2m | −CN¥40.5m | CN¥30.2m | CN¥46.4m | CN¥6.6m |
| Dividends paid | −CN¥21.6m | −CN¥21.6m | −CN¥20.0m | −CN¥21.4m | −CN¥21.4m | −CN¥14.3m | −CN¥821,084 | −CN¥21.6m | −CN¥17.1m | −CN¥3.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥935,558 | CN¥13.8m | −CN¥250.5m | CN¥11.4m | CN¥15.0m | CN¥52.6m | CN¥1.3m | CN¥39.7m |
| Gross profit | CN¥367,058 | CN¥7.1m | −CN¥258.8m | CN¥4.3m | −CN¥1.1m | CN¥28.8m | −CN¥463,220 | CN¥19.0m |
| Operating income | −CN¥5.8m | CN¥1.1m | −CN¥267.0m | −CN¥23.6m | −CN¥28.0m | CN¥19.6m | CN¥9.2m | −CN¥4.7m |
| Net income | −CN¥5.9m | CN¥3.9m | −CN¥200.2m | −CN¥19.0m | −CN¥23.2m | CN¥16.6m | CN¥8.8m | −CN¥4.0m |
| Diluted earnings per share | -0.05 | 0.03 | -1.66 | -0.16 | -0.19 | 0.14 | 0.07 | -0.03 |
| Cash from operations | — | — | — | — | −CN¥47.0m | CN¥4.0m | CN¥112.0m | −CN¥58.0m |
| Capital spending | — | — | — | — | — | — | −CN¥11.0m | — |
| Free cash flow | — | — | — | — | — | — | CN¥101.0m | — |
| Total assets | CN¥925.5m | CN¥941.8m | CN¥940.8m | CN¥1.15bn | CN¥1.18bn | CN¥1.27bn | CN¥1.26bn | CN¥1.28bn |
| Cash and short-term investments | — | — | — | CN¥446.2m | CN¥451.7m | CN¥520.9m | CN¥516.9m | CN¥415.0m |
| Debt | — | — | — | CN¥12.5m | CN¥17.4m | CN¥54.7m | CN¥54.7m | CN¥14.8m |
| Shareholders' equity | CN¥844.6m | CN¥850.5m | CN¥846.6m | CN¥1.05bn | CN¥1.07bn | CN¥1.11bn | CN¥1.09bn | CN¥1.09bn |
Financial ratios
Data as of 21 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Gross margin | 128.1% | 51.3% | 44.9% | 43.0% | 49.5% | 55.7% | — |
| Operating margin | 148.4% | 12.9% | 34.4% | 24.4% | 46.6% | 43.8% | — |
| Net margin | 131.7% | 11.7% | 29.9% | 21.2% | 40.0% | 37.7% | — |
| Return on equity | -26.7% | 1.5% | 4.6% | 6.8% | 11.0% | 8.9% | — |
| Return on assets | -24.0% | 1.3% | 3.5% | 5.4% | 9.1% | 7.3% | — |
| Free cash flow yield | — | — | 12.5% | -1.3% | 0.2% | 1.4% | — |
| Revenue growth | -225.5% | -18.3% | -51.2% | 23.1% | 27.3% | -21.0% | — |
| Earnings growth | -1507.6% | -68.0% | -31.2% | -34.7% | 35.2% | -14.3% | — |
| Current ratio | 9.61x | 6.88x | 3.84x | 4.16x | 5.60x | 5.42x | — |
| Debt to equity | — | 0.05x | 0.12x | 0.09x | 0.05x | 0.10x | 0.07x |
| Equity ratio | 90.0% | 86.8% | 77.7% | 79.6% | 83.2% | 82.2% | — |
| Interest coverage | — | 1289.87x | 3011.85x | 3197.59x | 4104.92x | 3161.47x | 118.70x |
| R&D as a share of sales | -5.3% | 8.2% | 6.8% | 3.7% | 3.4% | 5.2% | — |
| Buybacks as a share of market value | 9.7% | -14.5% | 1.4% | 3.9% | -2.9% | -28.2% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 428.7% | 15.3% | 34.2% | 42.4% |
| Operating margin | 678.8% | -20.3% | 12.9% | 24.8% |
| Net margin | 601.3% | -18.3% | 11.0% | 21.1% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | -18.8 | 225.9 | 82.3 | 49.6 | 52.5 | 119.9 |
| Price to sales | -24.8 | 26.5 | 24.6 | 10.5 | 21.0 | 45.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 6 years. Last went ex-dividend on 26 Jun 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Paid in the year | 0.18 | 0.18 | 0.20 | 0.25 | 0.179 | 0.119 |
- 6-for-5 split · 20 Jun 2023
- 7-for-5 split · 10 Jun 2022
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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