0.14
-0.70%
Close of 2 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¥7.35bn
FY2016FY2025
Net income
−CN¥245.1m
FY2016FY2025
Free cash flow
CN¥170.9m
FY2016FY2025
Shareholders' equity
CN¥2.03bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥7.35bn | CN¥7.38bn | CN¥9.41bn | CN¥10.92bn | CN¥11.64bn | CN¥10.63bn | CN¥9.31bn | CN¥8.95bn | CN¥7.69bn | CN¥7.69bn |
| Gross profit | CN¥4.3m | −CN¥25.6m | CN¥360.1m | CN¥715.7m | CN¥993.3m | CN¥748.8m | CN¥654.2m | CN¥668.0m | CN¥595.4m | CN¥470.6m |
| Operating income | −CN¥165.5m | −CN¥78.4m | CN¥97.0m | CN¥236.8m | CN¥560.0m | CN¥306.8m | CN¥249.0m | CN¥378.1m | CN¥301.3m | CN¥179.5m |
| Net income | −CN¥245.1m | −CN¥182.6m | CN¥10.2m | CN¥81.3m | CN¥345.9m | CN¥145.2m | CN¥119.9m | CN¥213.2m | CN¥147.3m | CN¥46.9m |
| Diluted earnings per share | -0.41 | -0.30 | 0.02 | 0.14 | 0.58 | 0.24 | 0.20 | 0.36 | 0.25 | 0.08 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥5.14bn | CN¥4.86bn | CN¥5.42bn | CN¥5.91bn | CN¥5.88bn | CN¥5.04bn | CN¥5.31bn | CN¥4.66bn | CN¥4.03bn | CN¥3.70bn |
| Cash and short-term investments | CN¥1.31bn | CN¥561.3m | CN¥655.5m | CN¥731.2m | CN¥972.1m | CN¥834.3m | CN¥906.9m | CN¥911.4m | CN¥690.3m | CN¥846.2m |
| Total liabilities | CN¥3.10bn | CN¥2.92bn | CN¥3.31bn | CN¥3.45bn | CN¥3.44bn | CN¥2.88bn | CN¥3.28bn | CN¥2.71bn | CN¥2.23bn | CN¥2.04bn |
| Debt | CN¥1.78bn | CN¥1.82bn | CN¥2.24bn | CN¥2.58bn | CN¥2.38bn | CN¥1.87bn | CN¥296.0m | CN¥1.94bn | CN¥1.49bn | CN¥1.29bn |
| Shareholders' equity | CN¥2.03bn | CN¥1.93bn | CN¥2.11bn | CN¥2.46bn | CN¥2.44bn | CN¥2.16bn | CN¥2.04bn | CN¥1.95bn | CN¥1.79bn | CN¥1.66bn |
| Shares outstanding | 600m | 600m | 600m | 600m | 600m | 600m | 600m | 600m | 600m | 600m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥341.7m | CN¥448.4m | CN¥313.4m | CN¥113.3m | CN¥136.0m | CN¥617.9m | CN¥130.5m | CN¥240.4m | CN¥13.2m | CN¥424.0m |
| Capital spending | −CN¥170.8m | −CN¥220.7m | −CN¥291.2m | −CN¥509.4m | −CN¥467.7m | −CN¥304.9m | −CN¥334.3m | −CN¥531.2m | −CN¥334.9m | −CN¥230.3m |
| Free cash flow | CN¥170.9m | CN¥227.7m | CN¥22.3m | −CN¥396.1m | −CN¥331.7m | CN¥313.1m | −CN¥203.8m | −CN¥290.8m | −CN¥321.7m | CN¥193.7m |
| Dividends paid | — | — | −CN¥9.1m | −CN¥63.4m | −CN¥68.6m | −CN¥21.1m | −CN¥37.0m | −CN¥47.5m | −CN¥11.6m | −CN¥11.6m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥2.92bn | CN¥3.70bn | CN¥3.65bn | CN¥3.51bn | CN¥3.87bn | CN¥4.89bn | CN¥5.27bn | CN¥5.77bn |
| Gross profit | CN¥109.5m | CN¥50.8m | −CN¥46.5m | −CN¥35.2m | CN¥9.6m | CN¥131.9m | CN¥266.2m | CN¥299.3m |
| Operating income | −CN¥132.8m | −CN¥157.3m | −CN¥331.2m | −CN¥38.0m | −CN¥40.4m | −CN¥57.0m | CN¥52.1m | CN¥51.9m |
| Net income | −CN¥74.3m | −CN¥159.6m | −CN¥85.6m | −CN¥99.6m | −CN¥83.0m | CN¥3.1m | CN¥8.2m | CN¥3.4m |
| Diluted earnings per share | -0.12 | -0.27 | -0.14 | -0.17 | -0.14 | 0.01 | 0.01 | 0.01 |
| Cash from operations | — | CN¥193.0m | CN¥168.0m | CN¥216.0m | CN¥231.0m | CN¥17.0m | CN¥348.0m | CN¥61.0m |
| Capital spending | — | −CN¥41.0m | −CN¥146.0m | −CN¥154.0m | −CN¥66.0m | −CN¥140.0m | −CN¥197.0m | −CN¥286.0m |
| Free cash flow | — | CN¥152.0m | CN¥22.0m | CN¥62.0m | CN¥165.0m | −CN¥123.0m | CN¥151.0m | −CN¥225.0m |
| Total assets | CN¥4.42bn | CN¥5.14bn | CN¥5.10bn | CN¥4.86bn | CN¥5.01bn | CN¥5.42bn | CN¥6.08bn | CN¥5.91bn |
| Cash and short-term investments | CN¥969.1m | CN¥1.31bn | CN¥462.7m | CN¥561.3m | CN¥586.5m | CN¥655.5m | CN¥703.3m | CN¥731.2m |
| Debt | CN¥1.22bn | CN¥1.79bn | CN¥1.76bn | CN¥1.82bn | CN¥1.94bn | CN¥2.24bn | CN¥2.41bn | CN¥2.58bn |
| Shareholders' equity | CN¥1.96bn | CN¥2.03bn | CN¥2.19bn | CN¥1.93bn | CN¥2.03bn | CN¥2.11bn | CN¥2.46bn | CN¥2.46bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -12.4% | -7.1% | -0.2% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | -0.1% | 3.0% | 4.9% | 5.8% |
| Operating margin | -1.7% | 0.3% | 1.7% | 2.3% |
| Net margin | -2.9% | -1.0% | 0.3% | 0.7% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -0.5 | -0.7 | 21.3 | 5.2 | 2.2 | 3.6 | 2.8 | 1.6 | 3.0 | 16.5 |
| Price to sales | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 | 0.0 | 0.1 | 0.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 23 May 2023.
| FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2015 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.02 | 0.041 | 0.051 | 0.04 | 0.001 | 0.001 | 0.022 | 0.001 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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