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28.82
-0.35%
Close of 9 Nov 2026, in HKD
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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¥166.24bn
FY2017FY2025
Net income
CN¥21.68bn
FY2017FY2025
Free cash flow
CN¥14.49bn
FY2017FY2025
Shareholders' equity
CN¥92.67bn
FY2017FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥166.24bn | CN¥126.90bn | CN¥113.47bn | CN¥109.66bn | CN¥94.41bn | CN¥68.44bn | CN¥45.55bn | CN¥23.64bn | CN¥9.71bn |
| Gross profit | CN¥91.46bn | CN¥69.29bn | CN¥57.39bn | CN¥49.06bn | CN¥39.62bn | CN¥27.73bn | CN¥16.42bn | CN¥6.76bn | CN¥3.04bn |
| Research and development | CN¥16.87bn | CN¥12.20bn | CN¥12.34bn | CN¥16.05bn | CN¥17.41bn | CN¥7.62bn | CN¥3.43bn | CN¥2.04bn | CN¥555.0m |
| Operating income | CN¥24.03bn | CN¥15.29bn | CN¥6.43bn | −CN¥14.62bn | −CN¥91.45bn | −CN¥12.22bn | CN¥840.1m | −CN¥606.3m | CN¥707.9m |
| Net income | CN¥21.68bn | CN¥15.34bn | CN¥6.40bn | −CN¥15.94bn | −CN¥90.91bn | −CN¥135.81bn | −CN¥22.88bn | −CN¥14.47bn | −CN¥23.34bn |
| Diluted earnings per share | 4.88 | 3.49 | 1.43 | -3.75 | -23.72 | -32.65 | -5.57 | -3.52 | -5.68 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥191.63bn | CN¥162.86bn | CN¥123.77bn | CN¥103.99bn | CN¥107.72bn | CN¥60.72bn | CN¥37.74bn | CN¥19.19bn | CN¥8.96bn |
| Cash and short-term investments | CN¥72.68bn | CN¥59.97bn | CN¥56.89bn | CN¥41.23bn | CN¥52.72bn | CN¥31.22bn | CN¥16.50bn | CN¥11.23bn | CN¥6.01bn |
| Total liabilities | CN¥98.92bn | CN¥90.65bn | CN¥66.63bn | CN¥57.60bn | CN¥55.21bn | CN¥247.08bn | CN¥102.63bn | CN¥60.76bn | CN¥34.79bn |
| Debt | CN¥33.74bn | CN¥29.53bn | CN¥15.72bn | CN¥12.93bn | CN¥13.61bn | CN¥191.08bn | CN¥74.07bn | CN¥48.60bn | CN¥27.52bn |
| Shareholders' equity | CN¥92.67bn | CN¥72.20bn | CN¥57.13bn | CN¥46.38bn | CN¥52.50bn | −CN¥186.36bn | −CN¥64.89bn | −CN¥41.57bn | −CN¥25.83bn |
| Shares outstanding | 4,441m | 4,391m | 4,474m | 4,254m | 3,833m | 4,159m | 4,108m | 4,108m | 4,108m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥31.44bn | CN¥29.79bn | CN¥24.20bn | CN¥2.56bn | −CN¥6.43bn | CN¥2.66bn | CN¥9.34bn | CN¥2.12bn | CN¥2.39bn |
| Capital spending | −CN¥16.95bn | −CN¥8.06bn | −CN¥5.70bn | −CN¥5.38bn | −CN¥9.04bn | −CN¥6.88bn | −CN¥2.97bn | −CN¥3.34bn | −CN¥437.9m |
| Free cash flow | CN¥14.49bn | CN¥21.72bn | CN¥18.49bn | −CN¥2.82bn | −CN¥15.47bn | −CN¥4.21bn | CN¥6.37bn | −CN¥1.22bn | CN¥1.96bn |
| Dividends paid | −CN¥2.04bn | — | — | — | — | — | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥41.20bn | CN¥38.90bn | CN¥46.07bn | CN¥41.38bn | CN¥40.81bn | CN¥32.61bn | CN¥35.38bn | CN¥31.13bn |
| Gross profit | CN¥19.72bn | CN¥19.90bn | CN¥25.41bn | CN¥22.18bn | CN¥22.71bn | CN¥17.79bn | CN¥19.12bn | CN¥16.91bn |
| Operating income | CN¥3.40bn | CN¥2.92bn | CN¥6.74bn | CN¥5.44bn | CN¥6.16bn | CN¥4.26bn | CN¥4.27bn | CN¥3.12bn |
| Net income | CN¥3.65bn | CN¥3.35bn | CN¥6.09bn | CN¥5.22bn | CN¥5.73bn | CN¥3.98bn | CN¥3.97bn | CN¥3.27bn |
| Diluted earnings per share | 0.83 | 0.77 | 1.37 | 1.18 | 1.29 | 0.90 | 0.90 | 0.74 |
| Cash from operations | — | CN¥3.64bn | CN¥8.46bn | CN¥8.93bn | CN¥11.38bn | CN¥4.09bn | CN¥10.06bn | CN¥9.02bn |
| Capital spending | — | −CN¥14.09bn | −CN¥17.40bn | −CN¥6.17bn | −CN¥11.38bn | −CN¥4.09bn | −CN¥9.39bn | −CN¥2.77bn |
| Free cash flow | — | −CN¥10.45bn | −CN¥8.94bn | CN¥2.76bn | CN¥0 | CN¥0 | CN¥672.0m | CN¥6.25bn |
| Total assets | CN¥232.56bn | CN¥219.34bn | CN¥191.63bn | CN¥190.64bn | CN¥181.11bn | CN¥142.07bn | CN¥139.87bn | CN¥132.09bn |
| Cash and short-term investments | CN¥93.86bn | CN¥79.49bn | CN¥72.68bn | CN¥68.44bn | CN¥66.55bn | CN¥47.85bn | CN¥51.50bn | CN¥50.73bn |
| Debt | CN¥19.00bn | CN¥8.03bn | CN¥26.79bn | CN¥26.97bn | CN¥42.54bn | CN¥21.93bn | CN¥29.53bn | CN¥20.49bn |
| Shareholders' equity | CN¥95.74bn | CN¥95.38bn | CN¥92.67bn | CN¥86.88bn | CN¥82.32bn | CN¥65.63bn | CN¥62.00bn | CN¥58.34bn |
Financial ratios
Data as of 3 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 55.0% | 54.6% | 50.6% | 44.7% | 42.0% | 40.5% |
| Operating margin | 14.5% | 12.0% | 5.7% | -13.3% | -96.9% | -17.9% |
| Net margin | 13.0% | 12.1% | 5.6% | -14.5% | -96.3% | -198.4% |
| Return on equity | 23.4% | 24.7% | 13.0% | -34.4% | -173.2% | 72.9% |
| Return on assets | 11.3% | 11.0% | 6.0% | -15.3% | -84.4% | -223.7% |
| Free cash flow yield | 28.6% | 26.3% | 17.5% | 4.9% | 1.8% | 6.0% |
| Revenue growth | 12.5% | 11.8% | 20.5% | 16.2% | 37.9% | 50.2% |
| Earnings growth | 21.4% | 139.8% | -146.7% | -82.5% | -33.1% | 493.5% |
| Current ratio | 1.15x | 1.05x | 1.24x | 1.13x | 1.42x | 1.36x |
| Debt to equity | 0.36x | 0.37x | 0.15x | 0.11x | -0.15x | -1.12x |
| Equity ratio | 48.4% | 44.3% | 46.2% | 44.6% | 48.7% | -306.9% |
| Interest coverage | 23.01x | 21.84x | 11.15x | -22.87x | -139.67x | -46.63x |
| R&D as a share of sales | 10.1% | 9.6% | 10.9% | 14.6% | 18.4% | 11.1% |
| Buybacks as a share of market value | -1.1% | 1.9% | -5.2% | -11.0% | 7.8% | -1.2% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 14.7% | 19.4% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 54.8% | 51.8% | 49.3% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | 11.3 | 10.3 | 32.1 | -16.4 | -2.6 |
| Price to sales | 1.5 | 1.2 | 1.8 | 2.4 | 2.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 1 years. Last went ex-dividend on 9 Sept 2025.
| FY2025 | |
|---|---|
| Paid in the year | 0.46 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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