Q 
4.23
-4.51%
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¥24.35bn
FY2016FY2025
Net income
CN¥1.74bn
FY2016FY2025
Free cash flow
CN¥1.62bn
FY2016FY2025
Shareholders' equity
CN¥7.49bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥24.35bn | CN¥18.84bn | CN¥14.61bn | CN¥16.05bn | CN¥21.76bn | CN¥20.29bn | CN¥15.36bn | CN¥9.49bn | CN¥9.26bn | CN¥5.82bn |
| Gross profit | CN¥1.89bn | CN¥1.15bn | CN¥593.4m | CN¥631.3m | CN¥2.05bn | CN¥2.06bn | CN¥1.38bn | CN¥411.8m | CN¥1.03bn | CN¥492.6m |
| Research and development | CN¥764.8m | CN¥588.7m | CN¥507.9m | CN¥547.7m | CN¥749.0m | CN¥687.7m | CN¥462.1m | CN¥310.4m | CN¥314.4m | CN¥145.3m |
| Operating income | CN¥2.03bn | CN¥756.7m | CN¥279.3m | CN¥237.4m | CN¥1.23bn | CN¥1.26bn | CN¥780.9m | CN¥106.4m | CN¥640.1m | CN¥304.4m |
| Net income | CN¥1.74bn | CN¥325.4m | CN¥95.5m | CN¥199.6m | CN¥1.01bn | CN¥979.7m | CN¥632.5m | CN¥16.8m | CN¥508.8m | CN¥222.5m |
| Diluted earnings per share | 1.45 | 0.27 | 0.08 | 0.17 | 0.85 | 0.84 | 0.55 | 0.01 | 0.45 | 0.21 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥23.07bn | CN¥16.85bn | CN¥17.43bn | CN¥14.33bn | CN¥15.22bn | CN¥13.30bn | CN¥12.40bn | CN¥7.51bn | CN¥7.11bn | CN¥5.27bn |
| Cash and short-term investments | CN¥7.32bn | CN¥3.41bn | CN¥4.46bn | CN¥3.55bn | CN¥2.09bn | CN¥2.43bn | CN¥479.9m | CN¥116.5m | CN¥888.3m | CN¥75.7m |
| Total liabilities | CN¥15.58bn | CN¥10.91bn | CN¥11.79bn | CN¥8.77bn | CN¥9.73bn | CN¥8.88bn | CN¥9.06bn | CN¥5.06bn | CN¥4.61bn | CN¥3.44bn |
| Debt | CN¥6.87bn | CN¥2.45bn | CN¥4.39bn | CN¥2.64bn | CN¥1.79bn | CN¥1.31bn | CN¥1.38bn | CN¥1.18bn | CN¥1.08bn | CN¥335.4m |
| Shareholders' equity | CN¥7.49bn | CN¥5.94bn | CN¥5.63bn | CN¥5.55bn | CN¥5.48bn | CN¥4.41bn | CN¥3.34bn | CN¥2.45bn | CN¥2.50bn | CN¥1.83bn |
| Shares outstanding | 1,198m | 1,186m | 1,185m | 1,185m | 1,183m | 1,172m | 1,157m | 1,154m | 1,135m | 1,068m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥2.30bn | CN¥1.13bn | −CN¥441.7m | CN¥1.22bn | CN¥1.86bn | CN¥4.20bn | CN¥2.80bn | −CN¥201.2m | CN¥2.59bn | −CN¥45.0m |
| Capital spending | −CN¥684.9m | −CN¥277.5m | −CN¥159.0m | −CN¥475.2m | −CN¥1.08bn | −CN¥630.7m | −CN¥4.7m | −CN¥32.8m | −CN¥1.11bn | −CN¥476.8m |
| Free cash flow | CN¥1.62bn | CN¥848.4m | −CN¥600.7m | CN¥747.3m | CN¥783.9m | CN¥3.57bn | CN¥2.79bn | −CN¥234.0m | CN¥1.48bn | −CN¥521.9m |
| Dividends paid | −CN¥304.2m | — | — | — | −CN¥56.7m | −CN¥125.0m | −CN¥125.0m | −CN¥106.8m | −CN¥43.3m | −CN¥43.3m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥13.19bn | CN¥14.05bn | CN¥10.30bn | CN¥9.88bn | CN¥8.95bn | CN¥8.23bn | CN¥6.39bn | CN¥7.77bn |
| Gross profit | CN¥866.4m | CN¥1.12bn | CN¥762.7m | CN¥682.0m | CN¥466.6m | CN¥373.8m | CN¥219.6m | CN¥193.0m |
| Operating income | CN¥364.9m | CN¥1.60bn | CN¥431.6m | CN¥499.3m | CN¥257.4m | CN¥217.2m | −CN¥23.1m | −CN¥78.6m |
| Net income | CN¥366.9m | CN¥1.38bn | CN¥359.6m | CN¥191.1m | CN¥134.4m | CN¥71.3m | CN¥24.3m | CN¥5.8m |
| Diluted earnings per share | 0.31 | 1.15 | 0.30 | 0.16 | 0.11 | 0.06 | 0.02 | 0.00 |
| Cash from operations | — | CN¥1.05bn | CN¥1.34bn | CN¥319.0m | CN¥806.0m | −CN¥337.0m | −CN¥104.0m | CN¥755.0m |
| Capital spending | — | −CN¥312.0m | −CN¥392.0m | −CN¥277.0m | −CN¥150.0m | −CN¥158.0m | −CN¥100.0m | −CN¥213.0m |
| Free cash flow | — | CN¥739.0m | CN¥945.0m | CN¥42.0m | CN¥656.0m | −CN¥495.0m | −CN¥204.0m | CN¥542.0m |
| Total assets | CN¥23.23bn | CN¥23.07bn | CN¥17.80bn | CN¥16.85bn | CN¥16.14bn | CN¥17.43bn | CN¥15.80bn | CN¥14.33bn |
| Cash and short-term investments | CN¥8.13bn | CN¥7.32bn | CN¥4.41bn | CN¥3.41bn | CN¥4.59bn | CN¥4.46bn | CN¥4.81bn | CN¥3.55bn |
| Debt | CN¥8.93bn | CN¥6.87bn | CN¥3.40bn | CN¥2.85bn | CN¥4.84bn | CN¥5.12bn | CN¥5.33bn | CN¥3.08bn |
| Shareholders' equity | CN¥7.40bn | CN¥7.49bn | CN¥6.22bn | CN¥5.94bn | CN¥5.76bn | CN¥5.63bn | CN¥5.54bn | CN¥5.55bn |
Financial ratios
Data as of 7 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 7.8% | 6.1% | 4.1% | 3.9% | 9.4% | 10.2% |
| Operating margin | 4.1% | 2.5% | 1.9% | 1.2% | 5.7% | 6.4% |
| Net margin | 7.2% | 1.7% | 0.7% | 1.2% | 4.6% | 4.8% |
| Return on equity | 23.3% | 5.5% | 1.7% | 3.6% | 18.4% | 22.2% |
| Return on assets | 7.6% | 1.9% | 0.5% | 1.4% | 6.6% | 7.4% |
| Free cash flow yield | 42.7% | 20.3% | -4.1% | 24.5% | 42.5% | 70.6% |
| Revenue growth | 29.3% | 28.9% | -8.9% | -26.3% | 7.3% | 32.1% |
| Earnings growth | 435.2% | 240.7% | -52.1% | -80.2% | 2.7% | 54.9% |
| Current ratio | 1.13x | 1.16x | 1.15x | 1.19x | 1.15x | 1.08x |
| Debt to equity | 0.92x | 0.48x | 0.91x | 0.55x | 0.38x | 0.33x |
| Equity ratio | 32.4% | 35.2% | 32.3% | 38.8% | 36.0% | 33.2% |
| Interest coverage | 8.42x | 2.67x | 1.40x | 2.79x | 35.63x | 20.83x |
| R&D as a share of sales | 3.1% | 3.1% | 3.5% | 3.4% | 3.4% | 3.4% |
| Buybacks as a share of market value | -1.0% | -0.1% | 0.0% | -0.1% | -0.9% | -1.3% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 14.9% | 3.7% | 25.2% |
| Operating income | 104.4% | 9.9% | 28.6% |
| Net income | 105.9% | 12.2% | 30.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 7.0% | 5.8% | 7.2% | 7.6% |
| Operating margin | 6.4% | 4.5% | 5.0% | 4.9% |
| Net margin | 4.8% | 3.2% | 3.8% | 3.7% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 5.0 | 20.4 | 47.7 | 21.6 | 10.3 | 13.7 | 20.4 | 264.6 | 21.2 | 16.6 |
| Price to sales | 0.4 | 0.3 | 0.3 | 0.3 | 0.5 | 0.7 | 0.8 | 0.5 | 1.2 | 0.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 1 years. Last went ex-dividend on 3 Oct 2025.
| FY2025 | FY2021 | FY2020 | FY2018 | FY2017 | FY2015 | |
|---|---|---|---|---|---|---|
| Paid in the year | 0.25 | 0.05 | 0.10 | 0.096 | 0.039 | 0.041 |
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.