R 
0.16
+6.16%
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¥2.40bn
FY2016FY2025
Net income
−CN¥2.95bn
FY2016FY2025
Free cash flow
−CN¥179.2m
FY2016FY2025
Shareholders' equity
−CN¥5.19bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥2.40bn | CN¥7.01bn | CN¥4.56bn | CN¥15.93bn | CN¥20.40bn | CN¥12.45bn | CN¥8.60bn | CN¥6.74bn | CN¥6.73bn | CN¥5.27bn |
| Operating income | −CN¥1.93bn | −CN¥2.81bn | −CN¥908.0m | −CN¥4.66bn | CN¥3.65bn | CN¥1.97bn | CN¥2.56bn | CN¥2.11bn | CN¥1.54bn | CN¥945.2m |
| Net income | −CN¥2.95bn | −CN¥2.36bn | −CN¥1.33bn | −CN¥4.07bn | CN¥884.0m | CN¥1.30bn | CN¥1.55bn | CN¥990.7m | CN¥862.2m | CN¥434.3m |
| Diluted earnings per share | -0.83 | -0.66 | -0.37 | -1.15 | 0.25 | 0.36 | 0.44 | 0.28 | 0.24 | 0.12 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥39.66bn | CN¥37.12bn | CN¥51.46bn | CN¥51.28bn | CN¥89.31bn | CN¥85.97bn | CN¥62.61bn | CN¥35.15bn | CN¥19.87bn | CN¥14.81bn |
| Cash and short-term investments | CN¥568.4m | CN¥287.4m | CN¥792.3m | CN¥1.62bn | CN¥7.53bn | CN¥9.65bn | CN¥11.09bn | CN¥5.68bn | CN¥3.59bn | CN¥2.42bn |
| Total liabilities | CN¥45.26bn | CN¥38.35bn | CN¥48.42bn | CN¥46.38bn | CN¥73.05bn | CN¥73.03bn | CN¥52.97bn | CN¥28.48bn | CN¥15.26bn | CN¥11.45bn |
| Debt | CN¥16.75bn | CN¥13.75bn | CN¥15.68bn | CN¥13.95bn | CN¥19.57bn | CN¥20.11bn | CN¥16.78bn | CN¥11.06bn | CN¥7.24bn | CN¥3.63bn |
| Shareholders' equity | −CN¥5.19bn | −CN¥2.19bn | CN¥466.9m | CN¥1.86bn | CN¥7.90bn | CN¥6.81bn | CN¥5.18bn | CN¥4.38bn | CN¥3.81bn | CN¥2.80bn |
| Shares outstanding | 3,552m | 3,552m | 3,552m | 3,552m | 3,552m | 3,552m | 3,552m | 3,552m | 3,552m | 3,552m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −CN¥168.9m | −CN¥494.7m | CN¥909.6m | CN¥69.5m | CN¥1.30bn | −CN¥1.19bn | CN¥1.96bn | −CN¥2.26bn | −CN¥134.9m | CN¥1.65bn |
| Capital spending | −CN¥10.3m | −CN¥11.6m | −CN¥26.4m | −CN¥28.4m | −CN¥51.6m | −CN¥49.1m | −CN¥45.8m | −CN¥23.0m | −CN¥442.1m | −CN¥4.4m |
| Free cash flow | −CN¥179.2m | −CN¥506.2m | CN¥883.2m | CN¥41.2m | CN¥1.25bn | −CN¥1.24bn | CN¥1.91bn | −CN¥2.28bn | −CN¥576.9m | CN¥1.64bn |
| Dividends paid | — | — | — | −CN¥2.0m | −CN¥174.6m | −CN¥142.0m | −CN¥184.0m | −CN¥149.9m | −CN¥64.1m | −CN¥24.0m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.28bn | CN¥1.41bn | CN¥494.2m | CN¥3.78bn | CN¥3.23bn | CN¥1.52bn | CN¥3.29bn | CN¥8.67bn |
| Operating income | −CN¥140.3m | −CN¥1.78bn | −CN¥197.2m | −CN¥2.50bn | −CN¥532.9m | −CN¥860.3m | −CN¥160.8m | −CN¥5.66bn |
| Net income | −CN¥1.35bn | −CN¥2.36bn | −CN¥295.0m | −CN¥1.91bn | −CN¥444.4m | −CN¥1.04bn | −CN¥318.3m | −CN¥4.77bn |
| Diluted earnings per share | -0.38 | -0.67 | -0.08 | -0.54 | -0.13 | -0.29 | -0.09 | -1.34 |
| Cash from operations | — | −CN¥210.0m | −CN¥64.0m | −CN¥71.0m | −CN¥176.0m | CN¥454.0m | CN¥531.0m | — |
| Capital spending | — | −CN¥5.0m | −CN¥4.0m | −CN¥5.0m | — | −CN¥13.0m | −CN¥15.0m | — |
| Free cash flow | — | −CN¥215.0m | −CN¥68.0m | −CN¥76.0m | — | CN¥441.0m | CN¥516.0m | — |
| Total assets | CN¥39.33bn | CN¥39.66bn | CN¥43.07bn | CN¥37.12bn | CN¥41.79bn | CN¥44.00bn | CN¥54.94bn | CN¥59.99bn |
| Cash and short-term investments | CN¥465.7m | CN¥568.4m | CN¥315.6m | CN¥287.4m | CN¥207.8m | CN¥677.3m | CN¥1.34bn | CN¥1.90bn |
| Debt | CN¥16.41bn | CN¥16.75bn | CN¥16.25bn | CN¥13.75bn | CN¥13.50bn | CN¥13.40bn | CN¥16.27bn | CN¥16.04bn |
| Shareholders' equity | −CN¥6.02bn | −CN¥5.19bn | −CN¥2.96bn | −CN¥2.19bn | −CN¥249.4m | CN¥399.2m | CN¥1.47bn | CN¥2.17bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -46.8% | -28.1% | -3.4% |
| Operating income | -25.5% | — | — |
| Net income | -10.2% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -50.3% | -34.5% | -7.5% | 3.5% |
| Net margin | -56.5% | -35.8% | -13.6% | -4.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -0.2 | -0.3 | -1.5 | -0.6 | 4.4 | 3.3 | 3.6 | 6.7 | 6.1 | 10.7 |
| Price to sales | 0.3 | 0.1 | 0.4 | 0.1 | 0.2 | 0.3 | 0.7 | 1.0 | 0.8 | 0.9 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 29 Jun 2021.
| FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2015 | FY2014 | |
|---|---|---|---|---|---|---|---|
| Paid in the year | 0.001 | 0.03 | 0.03 | 0.059 | 0.02 | 0.02 | 0.025 |
- 2-for-1 split · 28 Oct 2016
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.