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Close of 9 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¥15.48bn
FY2016FY2025
Net income
−CN¥579.8m
FY2016FY2025
Free cash flow
−CN¥2.23bn
FY2016FY2025
Shareholders' equity
CN¥5.60bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥15.48bn | CN¥25.06bn | CN¥33.49bn | CN¥40.01bn | CN¥47.83bn | CN¥40.15bn | CN¥40.93bn | CN¥46.38bn | CN¥41.18bn | CN¥38.61bn |
| Gross profit | CN¥837.6m | CN¥1.37bn | CN¥1.80bn | CN¥1.63bn | CN¥2.49bn | CN¥2.14bn | CN¥2.01bn | CN¥2.86bn | CN¥2.23bn | CN¥1.88bn |
| Research and development | CN¥40.4m | CN¥121.2m | CN¥148.1m | CN¥150.1m | CN¥76.4m | CN¥94.5m | CN¥92.9m | CN¥34.8m | CN¥29.6m | CN¥28.1m |
| Operating income | −CN¥244.6m | CN¥204.3m | CN¥229.0m | CN¥439.9m | −CN¥187.2m | CN¥937.2m | CN¥1.29bn | CN¥1.93bn | CN¥1.74bn | CN¥1.69bn |
| Net income | −CN¥579.8m | CN¥170.7m | CN¥171.4m | CN¥326.7m | −CN¥346.0m | CN¥759.9m | CN¥770.4m | CN¥1.11bn | CN¥1.05bn | CN¥768.2m |
| Diluted earnings per share | -0.33 | 0.10 | 0.10 | 0.19 | -0.20 | 0.43 | 0.44 | 0.63 | 0.79 | 0.64 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥47.81bn | CN¥61.84bn | CN¥64.89bn | CN¥67.63bn | CN¥66.95bn | CN¥62.79bn | CN¥60.93bn | CN¥60.72bn | CN¥50.76bn | CN¥61.41bn |
| Cash and short-term investments | CN¥4.37bn | CN¥5.77bn | CN¥7.70bn | CN¥9.13bn | CN¥8.81bn | CN¥8.45bn | CN¥7.05bn | CN¥6.69bn | CN¥8.14bn | CN¥4.67bn |
| Total liabilities | CN¥42.05bn | CN¥55.45bn | CN¥58.66bn | CN¥61.46bn | CN¥61.07bn | CN¥56.35bn | CN¥55.02bn | CN¥55.03bn | CN¥46.45bn | CN¥58.32bn |
| Debt | CN¥7.31bn | CN¥6.07bn | CN¥5.33bn | CN¥5.11bn | CN¥4.00bn | CN¥4.25bn | CN¥4.14bn | CN¥3.59bn | CN¥3.57bn | CN¥3.86bn |
| Shareholders' equity | CN¥5.60bn | CN¥6.22bn | CN¥6.05bn | CN¥5.99bn | CN¥5.69bn | CN¥6.25bn | CN¥5.72bn | CN¥5.41bn | CN¥3.90bn | CN¥2.83bn |
| Shares outstanding | 1,761m | 1,761m | 1,761m | 1,761m | 1,761m | 1,761m | 1,761m | 1,762m | 1,335m | 1,200m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −CN¥2.22bn | −CN¥1.53bn | −CN¥1.33bn | CN¥35.2m | CN¥854.9m | CN¥1.97bn | CN¥335.6m | CN¥931.5m | −CN¥474.8m | CN¥2.26bn |
| Capital spending | −CN¥5.4m | −CN¥21.8m | −CN¥44.6m | −CN¥81.2m | −CN¥254.1m | −CN¥368.6m | −CN¥81.8m | −CN¥245.9m | −CN¥127.7m | −CN¥170.9m |
| Free cash flow | −CN¥2.23bn | −CN¥1.55bn | −CN¥1.38bn | −CN¥46.1m | CN¥600.7m | CN¥1.60bn | CN¥253.8m | CN¥685.5m | −CN¥602.5m | CN¥2.09bn |
| Dividends paid | −CN¥416.7m | −CN¥376.7m | −CN¥344.5m | −CN¥338.8m | −CN¥563.0m | −CN¥541.1m | −CN¥935.9m | −CN¥935.9m | −CN¥1.03bn | −CN¥14.8m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥4.60bn | CN¥7.57bn | CN¥7.91bn | CN¥14.04bn | CN¥11.02bn | CN¥18.54bn | CN¥14.95bn | CN¥23.42bn |
| Gross profit | CN¥265.5m | CN¥332.9m | CN¥504.7m | CN¥722.8m | CN¥649.5m | CN¥992.5m | CN¥803.1m | CN¥758.3m |
| Operating income | CN¥148.6m | −CN¥367.2m | CN¥122.7m | CN¥47.2m | CN¥157.1m | CN¥71.9m | CN¥342.5m | CN¥384.8m |
| Net income | −CN¥1.4m | −CN¥684.4m | CN¥104.6m | CN¥43.8m | CN¥126.9m | CN¥54.6m | CN¥116.8m | CN¥167.5m |
| Diluted earnings per share | -0.00 | -0.39 | 0.06 | 0.02 | 0.07 | 0.03 | 0.07 | 0.10 |
| Cash from operations | — | −CN¥1.51bn | −CN¥760.0m | CN¥202.0m | −CN¥1.73bn | −CN¥94.0m | −CN¥1.24bn | CN¥1.97bn |
| Capital spending | — | — | −CN¥5.0m | −CN¥7.0m | −CN¥14.0m | −CN¥10.0m | −CN¥33.0m | −CN¥21.0m |
| Free cash flow | — | — | −CN¥765.0m | CN¥195.0m | −CN¥1.74bn | −CN¥104.0m | −CN¥1.27bn | CN¥1.95bn |
| Total assets | CN¥44.52bn | CN¥47.81bn | CN¥58.38bn | CN¥61.84bn | CN¥61.66bn | CN¥64.89bn | CN¥61.95bn | CN¥67.63bn |
| Cash and short-term investments | CN¥2.99bn | CN¥4.37bn | CN¥4.32bn | CN¥5.77bn | CN¥6.16bn | CN¥7.70bn | CN¥7.93bn | CN¥9.13bn |
| Debt | CN¥5.85bn | CN¥7.31bn | CN¥5.93bn | CN¥6.07bn | CN¥5.95bn | CN¥5.33bn | CN¥5.61bn | CN¥5.11bn |
| Shareholders' equity | CN¥5.60bn | CN¥5.60bn | CN¥6.31bn | CN¥6.22bn | CN¥6.18bn | CN¥6.05bn | CN¥6.09bn | CN¥5.99bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -27.1% | -17.4% | -5.5% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 5.5% | 4.9% | 5.1% | 5.1% |
| Operating margin | -0.1% | 0.6% | 0.7% | 2.3% |
| Net margin | -1.0% | 0.1% | 0.2% | 1.2% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -1.0 | 6.0 | 4.8 | 4.1 | -6.0 | 8.5 | 1.9 | 1.1 | 1.0 |
| Price to sales | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | 0.0 | 0.0 | 0.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 10 Jun 2021.
| FY2021 | FY2020 | FY2019 | |
|---|---|---|---|
| Paid in the year | 0.002 | 0.002 | 0.003 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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