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Close of 5 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¥4.71bn
FY2016FY2025
Net income
CN¥20.2m
FY2016FY2025
Free cash flow
−CN¥80.1m
FY2016FY2025
Shareholders' equity
CN¥1.76bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥4.71bn | CN¥5.21bn | CN¥5.34bn | CN¥1.65bn | CN¥1.46bn | CN¥1.71bn | CN¥2.08bn | CN¥3.05bn | CN¥2.96bn | CN¥3.46bn |
| Gross profit | CN¥186.0m | CN¥157.3m | CN¥175.9m | CN¥102.4m | CN¥76.4m | CN¥122.9m | CN¥228.8m | CN¥334.3m | CN¥340.2m | CN¥453.0m |
| Research and development | CN¥63.5m | CN¥86.4m | CN¥34.2m | CN¥44.4m | CN¥95.0m | CN¥20.5m | CN¥37.1m | CN¥90.8m | CN¥57.8m | CN¥36.1m |
| Operating income | CN¥63.8m | CN¥74.1m | CN¥105.8m | −CN¥120.7m | −CN¥347.8m | −CN¥318.0m | CN¥88.8m | CN¥129.0m | CN¥94.6m | CN¥228.8m |
| Net income | CN¥20.2m | CN¥32.7m | CN¥41.1m | −CN¥115.8m | −CN¥392.8m | −CN¥808.6m | CN¥6.8m | CN¥10.7m | CN¥128.1m | CN¥185.9m |
| Diluted earnings per share | 0.02 | 0.03 | 0.03 | -0.09 | -0.31 | -0.63 | 0.01 | 0.01 | 0.10 | 0.14 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥3.86bn | CN¥4.69bn | CN¥5.50bn | CN¥4.16bn | CN¥3.96bn | CN¥5.01bn | CN¥6.03bn | CN¥7.18bn | CN¥7.07bn | CN¥5.94bn |
| Cash and short-term investments | CN¥313.7m | CN¥73.3m | CN¥23.8m | CN¥59.1m | CN¥12.9m | CN¥55.3m | CN¥98.2m | CN¥223.9m | CN¥352.5m | CN¥306.0m |
| Total liabilities | CN¥2.09bn | CN¥3.19bn | CN¥3.79bn | CN¥2.48bn | CN¥2.17bn | CN¥2.82bn | CN¥3.03bn | CN¥4.19bn | CN¥4.08bn | CN¥3.08bn |
| Debt | CN¥1.07bn | CN¥859.5m | CN¥1.14bn | CN¥1.37bn | CN¥1.24bn | CN¥1.39bn | CN¥1.59bn | CN¥1.95bn | CN¥1.82bn | CN¥1.39bn |
| Shareholders' equity | CN¥1.76bn | CN¥1.50bn | CN¥1.72bn | CN¥1.67bn | CN¥1.79bn | CN¥2.18bn | CN¥2.99bn | CN¥2.99bn | CN¥2.99bn | CN¥2.86bn |
| Shares outstanding | 1,282m | 1,282m | 1,282m | 1,282m | 1,282m | 1,282m | 1,282m | 1,282m | 1,282m | 1,282m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥342.5m | CN¥259.8m | CN¥217.3m | −CN¥176.2m | −CN¥27.0m | CN¥565.4m | CN¥220.2m | CN¥470.4m | CN¥360.5m | CN¥576.3m |
| Capital spending | −CN¥422.6m | −CN¥52.4m | −CN¥32.5m | −CN¥63.1m | −CN¥89.8m | −CN¥34.7m | −CN¥178.3m | −CN¥231.8m | −CN¥543.0m | −CN¥711.2m |
| Free cash flow | −CN¥80.1m | CN¥207.5m | CN¥184.8m | −CN¥239.3m | −CN¥116.8m | CN¥530.6m | CN¥41.9m | CN¥238.6m | −CN¥182.4m | −CN¥134.9m |
| Dividends paid | −CN¥11.5m | — | — | — | — | — | — | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.21bn | CN¥1.91bn | CN¥2.80bn | CN¥2.97bn | CN¥2.25bn | CN¥2.65bn | CN¥2.25bn | CN¥1.16bn |
| Gross profit | CN¥83.9m | CN¥53.6m | CN¥132.4m | CN¥63.2m | CN¥94.2m | CN¥58.9m | CN¥107.2m | CN¥72.5m |
| Operating income | −CN¥1.6m | −CN¥44.5m | CN¥28.1m | −CN¥30.0m | CN¥20.0m | −CN¥87.9m | CN¥7.4m | −CN¥58.2m |
| Net income | CN¥17.8m | CN¥3.7m | CN¥16.5m | CN¥13.8m | CN¥19.0m | CN¥16.6m | CN¥21.7m | −CN¥78.1m |
| Diluted earnings per share | 0.01 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | -0.06 |
| Cash from operations | −CN¥48.0m | CN¥248.0m | CN¥94.0m | CN¥138.0m | CN¥121.0m | CN¥249.0m | −CN¥32.0m | −CN¥182.0m |
| Capital spending | −CN¥5.0m | −CN¥410.0m | −CN¥12.0m | −CN¥17.0m | −CN¥13.0m | −CN¥10.0m | −CN¥11.0m | −CN¥38.0m |
| Free cash flow | −CN¥53.0m | −CN¥162.0m | CN¥82.0m | CN¥121.0m | CN¥108.0m | CN¥239.0m | −CN¥43.0m | −CN¥220.0m |
| Total assets | CN¥3.83bn | CN¥3.86bn | CN¥5.05bn | CN¥4.69bn | CN¥4.36bn | CN¥5.50bn | CN¥5.43bn | CN¥4.16bn |
| Cash and short-term investments | CN¥170.1m | CN¥313.7m | CN¥92.5m | CN¥73.3m | CN¥35.5m | CN¥23.8m | CN¥43.7m | CN¥59.1m |
| Debt | CN¥707.1m | CN¥923.8m | CN¥974.2m | CN¥859.5m | CN¥980.5m | CN¥1.14bn | CN¥1.42bn | CN¥1.37bn |
| Shareholders' equity | CN¥1.78bn | CN¥1.76bn | CN¥1.77bn | CN¥1.50bn | CN¥1.49bn | CN¥1.72bn | CN¥1.70bn | CN¥1.67bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 41.8% | 22.4% | 3.7% |
| Operating income | — | — | -13.8% |
| Net income | — | — | -21.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 3.5% | 3.7% | 4.1% | 7.7% |
| Operating margin | 1.4% | 0.7% | -2.7% | 0.8% |
| Net margin | 0.5% | -0.1% | -6.1% | -1.9% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 17.7 | 6.4 | 7.6 | -3.7 | -2.1 | -0.7 | 63.2 | 45.0 | 9.5 | 6.9 |
| Price to sales | 0.1 | 0.0 | 0.1 | 0.3 | 0.6 | 0.3 | 0.2 | 0.2 | 0.4 | 0.4 |
Dividends and splits
Per share, in the currency the company pays
Paid for 1 years. Last went ex-dividend on 23 Jun 2025.
| FY2025 | |
|---|---|
| Paid in the year | 0.01 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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