K 
0.01
0.00%
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¥9.50bn
FY2016FY2025
Net income
CN¥52.55bn
FY2016FY2025
Free cash flow
CN¥763.9m
FY2016FY2025
Shareholders' equity
CN¥10.92bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥9.50bn | CN¥9.88bn | CN¥26.16bn | CN¥21.69bn | CN¥35.54bn | CN¥55.77bn | CN¥48.02bn | CN¥38.70bn | CN¥32.78bn | CN¥17.77bn |
| Research and development | — | — | — | — | CN¥2.0m | CN¥3.4m | CN¥6.1m | CN¥2.3m | — | — |
| Operating income | CN¥55.48bn | −CN¥16.31bn | −CN¥16.56bn | −CN¥9.50bn | −CN¥11.86bn | CN¥12.27bn | CN¥7.38bn | CN¥6.98bn | CN¥5.67bn | −CN¥901.3m |
| Net income | CN¥52.55bn | −CN¥24.38bn | −CN¥19.93bn | −CN¥11.16bn | −CN¥12.73bn | CN¥5.45bn | CN¥4.59bn | CN¥2.75bn | CN¥3.28bn | −CN¥612.4m |
| Diluted earnings per share | 7.49 | -3.48 | -2.84 | -1.59 | -1.74 | 0.86 | 0.75 | 0.45 | 0.55 | -0.12 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥184.15bn | CN¥180.01bn | CN¥232.82bn | CN¥264.34bn | CN¥290.13bn | CN¥309.90bn | CN¥270.90bn | CN¥229.03bn | CN¥213.39bn | CN¥165.82bn |
| Cash and short-term investments | CN¥1.12bn | CN¥1.37bn | CN¥1.96bn | CN¥2.97bn | CN¥7.69bn | CN¥45.00bn | CN¥29.40bn | CN¥15.86bn | CN¥12.31bn | CN¥10.89bn |
| Total liabilities | CN¥164.70bn | CN¥207.13bn | CN¥225.10bn | CN¥229.10bn | CN¥231.05bn | CN¥231.18bn | CN¥215.20bn | CN¥192.69bn | CN¥183.39bn | CN¥142.78bn |
| Debt | CN¥48.78bn | CN¥115.90bn | CN¥134.20bn | CN¥134.76bn | CN¥132.33bn | CN¥121.92bn | CN¥118.42bn | CN¥108.77bn | CN¥111.17bn | CN¥87.54bn |
| Shareholders' equity | CN¥10.92bn | −CN¥34.67bn | −CN¥12.05bn | CN¥7.86bn | CN¥21.03bn | CN¥32.33bn | CN¥25.72bn | CN¥21.64bn | CN¥19.09bn | CN¥12.95bn |
| Shares outstanding | 7,015m | 7,015m | 7,015m | 7,015m | 7,307m | 6,316m | 6,087m | 6,070m | 5,922m | 5,135m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥837.0m | −CN¥106.6m | −CN¥359.2m | −CN¥6.26bn | −CN¥21.85bn | CN¥4.53bn | −CN¥2.06bn | CN¥10.60bn | −CN¥3.43bn | CN¥8.77bn |
| Capital spending | −CN¥73.0m | −CN¥162.7m | −CN¥76.5m | −CN¥74.6m | −CN¥632.9m | −CN¥1.21bn | −CN¥375.8m | −CN¥308.3m | −CN¥1.25bn | −CN¥106.1m |
| Free cash flow | CN¥763.9m | −CN¥269.3m | −CN¥435.7m | −CN¥6.33bn | −CN¥22.49bn | CN¥3.32bn | −CN¥2.44bn | CN¥10.29bn | −CN¥4.68bn | CN¥8.67bn |
| Dividends paid | — | — | — | — | −CN¥841.7m | −CN¥719.6m | −CN¥644.6m | −CN¥753.4m | −CN¥753.4m | −CN¥753.4m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥2.20bn | CN¥5.80bn | CN¥3.70bn | CN¥5.24bn | CN¥4.64bn | CN¥10.76bn | CN¥13.56bn | CN¥11.96bn |
| Operating income | −CN¥7.42bn | CN¥6.52bn | −CN¥7.38bn | −CN¥14.86bn | −CN¥5.69bn | −CN¥8.14bn | CN¥553.9m | −CN¥2.77bn |
| Net income | −CN¥9.33bn | CN¥62.59bn | −CN¥10.03bn | −CN¥16.59bn | −CN¥7.79bn | −CN¥11.07bn | −CN¥6.97bn | −CN¥5.47bn |
| Diluted earnings per share | -0.94 | 8.92 | -1.43 | -2.36 | -1.11 | -1.58 | -0.99 | -0.78 |
| Cash from operations | — | CN¥106.0m | CN¥147.0m | CN¥447.0m | −CN¥554.0m | CN¥461.0m | −CN¥820.0m | −CN¥287.0m |
| Capital spending | — | −CN¥38.0m | −CN¥37.0m | −CN¥139.0m | −CN¥23.0m | −CN¥16.0m | −CN¥57.0m | −CN¥71.0m |
| Free cash flow | — | CN¥68.0m | CN¥110.0m | CN¥308.0m | −CN¥577.0m | CN¥445.0m | −CN¥877.0m | −CN¥358.0m |
| Total assets | CN¥177.13bn | CN¥184.15bn | CN¥202.64bn | CN¥180.01bn | CN¥191.89bn | CN¥232.82bn | CN¥256.19bn | CN¥225.86bn |
| Cash and short-term investments | CN¥741.5m | CN¥1.12bn | CN¥1.73bn | CN¥1.37bn | CN¥1.38bn | CN¥1.96bn | CN¥2.25bn | CN¥2.54bn |
| Debt | CN¥35.38bn | CN¥48.78bn | CN¥134.27bn | CN¥115.90bn | CN¥118.21bn | CN¥134.20bn | CN¥141.45bn | CN¥117.28bn |
| Shareholders' equity | CN¥2.11bn | CN¥10.92bn | −CN¥50.57bn | −CN¥34.67bn | −CN¥18.08bn | −CN¥12.05bn | CN¥907.3m | CN¥6.72bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -24.1% | -29.8% | -1.4% |
| Operating income | — | 35.2% | — |
| Net income | — | 57.4% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 202.1% | 19.5% | 8.5% | 10.2% |
| Net margin | 145.4% | -4.3% | -6.4% | -0.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 0.0 | -0.1 | -0.0 | -0.3 | -0.2 | 2.3 | 2.5 | 2.9 | 4.1 | -6.8 |
| Price to sales | 0.1 | 0.1 | 0.0 | 0.1 | 0.1 | 0.2 | 0.2 | 0.2 | 0.4 | 0.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 29 Nov 2021.
| FY2021 | FY2020 | FY2019 | FY2018 | FY2014 | |
|---|---|---|---|---|---|
| Paid in the year | 0.002 | 0.001 | 0.001 | 0.001 | 0.001 |
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.