M 
4.12
-3.74%
Close of 9 Nov 2026, in HKD
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¥4.49bn
FY2016FY2025
Net income
CN¥679.0m
FY2016FY2025
Free cash flow
CN¥1.41bn
FY2016FY2025
Shareholders' equity
CN¥6.60bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥4.49bn | CN¥3.89bn | CN¥3.14bn | CN¥2.43bn | CN¥1.94bn | CN¥1.39bn | CN¥1.14bn | CN¥1.10bn | CN¥5.23bn | CN¥1.84bn |
| Research and development | CN¥1.10bn | CN¥1.06bn | CN¥740.3m | CN¥683.0m | CN¥635.4m | CN¥470.9m | CN¥583.1m | CN¥602.3m | CN¥484.4m | CN¥283.4m |
| Operating income | CN¥385.2m | CN¥579.5m | CN¥339.3m | −CN¥86.3m | CN¥29.2m | −CN¥120.9m | −CN¥441.0m | −CN¥1.26bn | −CN¥135.5m | −CN¥731.0m |
| Net income | CN¥679.0m | CN¥937.9m | CN¥440.7m | CN¥109.7m | −CN¥51.9m | −CN¥47.7m | −CN¥461.9m | −CN¥634.5m | −CN¥91.0m | −CN¥7.29bn |
| Diluted earnings per share | 0.15 | 0.20 | 0.10 | 0.02 | -0.01 | -0.01 | -0.11 | -0.15 | -0.02 | -1.72 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥10.82bn | CN¥8.21bn | CN¥6.72bn | CN¥5.83bn | CN¥5.53bn | CN¥5.25bn | CN¥5.38bn | CN¥5.93bn | CN¥7.92bn | CN¥7.63bn |
| Cash and short-term investments | CN¥5.67bn | CN¥3.44bn | CN¥1.53bn | CN¥1.56bn | CN¥1.43bn | CN¥2.37bn | CN¥2.93bn | CN¥3.14bn | CN¥6.02bn | CN¥6.42bn |
| Total liabilities | CN¥4.25bn | CN¥2.35bn | CN¥1.93bn | CN¥1.51bn | CN¥1.43bn | CN¥1.09bn | CN¥1.03bn | CN¥1.32bn | CN¥1.35bn | CN¥620.9m |
| Debt | CN¥1.64bn | CN¥318.3m | CN¥224.9m | CN¥38.2m | CN¥48.5m | CN¥33.8m | CN¥49.4m | CN¥10.0m | — | — |
| Shareholders' equity | CN¥6.60bn | CN¥5.86bn | CN¥4.79bn | CN¥4.39bn | CN¥4.10bn | CN¥4.14bn | CN¥4.24bn | CN¥4.47bn | CN¥6.57bn | CN¥7.01bn |
| Shares outstanding | 4,604m | 4,590m | 4,468m | 4,534m | 4,322m | 4,300m | 4,209m | 4,219m | 4,245m | 4,230m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥1.46bn | CN¥868.8m | CN¥481.4m | CN¥272.6m | −CN¥30.7m | CN¥103.9m | CN¥13.7m | −CN¥2.33bn | CN¥41.1m | −CN¥803.0m |
| Capital spending | −CN¥56.1m | −CN¥54.0m | −CN¥65.7m | −CN¥58.7m | −CN¥40.4m | −CN¥409.5m | −CN¥14.9m | −CN¥167.6m | −CN¥61.0m | −CN¥70.2m |
| Free cash flow | CN¥1.41bn | CN¥814.8m | CN¥415.6m | CN¥213.8m | −CN¥71.0m | −CN¥305.6m | −CN¥1.1m | −CN¥2.49bn | −CN¥20.0m | −CN¥873.2m |
| Dividends paid | −CN¥1.01bn | −CN¥172.2m | −CN¥94.8m | — | — | — | — | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥2.54bn | CN¥2.37bn | CN¥2.12bn | CN¥2.00bn | CN¥1.89bn | CN¥1.67bn | CN¥1.47bn | CN¥1.30bn |
| Operating income | CN¥638.7m | −CN¥52.9m | CN¥438.0m | CN¥294.3m | CN¥285.1m | CN¥229.8m | CN¥109.6m | CN¥8.3m |
| Net income | CN¥711.6m | CN¥212.9m | CN¥462.5m | CN¥584.5m | CN¥353.5m | CN¥175.5m | CN¥265.2m | CN¥419.8m |
| Diluted earnings per share | 0.16 | 0.05 | 0.10 | 0.13 | 0.08 | 0.04 | 0.06 | 0.09 |
| Cash from operations | — | CN¥938.0m | CN¥586.0m | CN¥558.0m | CN¥309.0m | CN¥312.0m | CN¥168.0m | CN¥410.0m |
| Capital spending | — | −CN¥19.0m | −CN¥8.0m | −CN¥20.0m | −CN¥33.0m | −CN¥21.0m | −CN¥38.0m | −CN¥30.0m |
| Free cash flow | — | CN¥919.0m | CN¥578.0m | CN¥538.0m | CN¥276.0m | CN¥291.0m | CN¥130.0m | CN¥380.0m |
| Total assets | CN¥11.03bn | CN¥10.82bn | CN¥7.82bn | CN¥8.21bn | CN¥7.46bn | CN¥6.72bn | CN¥6.14bn | CN¥5.83bn |
| Cash and short-term investments | CN¥4.76bn | CN¥5.67bn | CN¥3.06bn | CN¥3.44bn | CN¥1.47bn | CN¥1.53bn | CN¥1.45bn | CN¥1.56bn |
| Debt | CN¥1.75bn | CN¥1.69bn | CN¥264.2m | CN¥370.8m | CN¥339.6m | CN¥261.9m | CN¥53.4m | CN¥44.4m |
| Shareholders' equity | CN¥6.82bn | CN¥6.60bn | CN¥5.58bn | CN¥5.86bn | CN¥5.19bn | CN¥4.79bn | CN¥4.70bn | CN¥4.39bn |
Financial ratios
Data as of 29 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | 8.6% | 14.9% | 10.8% | -3.6% | 1.5% | -8.7% |
| Net margin | 15.1% | 24.1% | 14.0% | 4.5% | -2.7% | -3.4% |
| Return on equity | 10.3% | 16.0% | 9.2% | 2.5% | -1.3% | -1.2% |
| Return on assets | 6.3% | 11.4% | 6.6% | 1.9% | -0.9% | -0.9% |
| Free cash flow yield | 7.2% | 4.3% | 2.5% | 1.4% | -0.2% | 0.5% |
| Revenue growth | 15.5% | 23.9% | 29.3% | 25.2% | 39.5% | 22.1% |
| Earnings growth | -27.6% | 112.8% | 301.8% | -311.5% | 8.7% | -89.7% |
| Current ratio | 1.82x | 2.49x | 2.19x | 2.30x | 2.41x | 3.58x |
| Debt to equity | 0.26x | 0.06x | 0.04x | 0.01x | 0.01x | 0.01x |
| Equity ratio | 61.0% | 71.3% | 71.2% | 75.3% | 74.1% | 78.9% |
| Interest coverage | 50.65x | 69.14x | 60.82x | -8.30x | 2.90x | -12.65x |
| R&D as a share of sales | 24.5% | 27.3% | 23.6% | 28.1% | 32.7% | 33.9% |
| Buybacks as a share of market value | -0.3% | -2.7% | 1.5% | -4.9% | -0.5% | -2.2% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 22.8% | 26.4% | 17.9% |
| Net income | 83.6% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 11.5% | 8.7% | 6.5% | -8.4% |
| Net margin | 19.3% | 15.5% | 12.0% | -32.8% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 40.9 | 12.6 | 31.6 | 49.1 | -111.9 | -112.4 | -12.9 | -12.6 | -439.5 | -4.2 |
| Price to sales | 6.2 | 3.0 | 4.4 | 2.2 | 3.0 | 3.9 | 5.3 | 7.3 | 7.6 | 16.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 3 years. Last went ex-dividend on 9 Jun 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Paid in the year | 0.05 | 0.10 | 0.145 | 0.02 |
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.