T 
0.80
-3.03%
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¥3.55bn
FY2016FY2025
Net income
CN¥657.0m
FY2016FY2025
Free cash flow
CN¥449.0m
FY2016FY2025
Shareholders' equity
CN¥2.98bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥3.55bn | CN¥2.82bn | CN¥1.96bn | CN¥884.4m | CN¥513.0m | CN¥362.5m | CN¥779.5m | CN¥544.3m | CN¥397.7m | CN¥277.3m |
| Gross profit | CN¥1.20bn | CN¥950.8m | CN¥661.8m | CN¥293.5m | CN¥90.7m | CN¥62.2m | CN¥319.8m | CN¥228.6m | CN¥168.2m | CN¥80.3m |
| Research and development | CN¥16.0m | — | CN¥8.8m | CN¥14.2m | CN¥10.0m | CN¥2.2m | — | — | — | — |
| Operating income | CN¥877.2m | CN¥679.0m | CN¥418.0m | CN¥134.3m | −CN¥73.8m | −CN¥2.0m | CN¥222.7m | CN¥144.6m | CN¥120.5m | CN¥37.2m |
| Net income | CN¥657.0m | CN¥489.4m | CN¥286.4m | CN¥96.5m | −CN¥1.67bn | CN¥321.9m | CN¥225.1m | CN¥165.5m | CN¥111.5m | CN¥60.4m |
| Diluted earnings per share | 0.32 | 0.23 | 0.14 | 0.05 | -0.78 | 0.15 | 0.11 | 0.08 | 0.07 | 0.03 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥9.97bn | CN¥10.19bn | CN¥9.55bn | CN¥8.13bn | CN¥7.79bn | CN¥6.31bn | CN¥4.01bn | CN¥3.23bn | CN¥1.62bn | CN¥1.37bn |
| Cash and short-term investments | CN¥976.5m | CN¥1.36bn | CN¥1.60bn | CN¥1.03bn | CN¥1.48bn | CN¥1.39bn | CN¥540.1m | CN¥1.06bn | CN¥278.5m | CN¥319.2m |
| Total liabilities | CN¥7.00bn | CN¥7.72bn | CN¥7.46bn | CN¥6.25bn | CN¥6.01bn | CN¥3.46bn | CN¥1.90bn | CN¥1.28bn | CN¥908.6m | CN¥900.6m |
| Debt | CN¥2.74bn | CN¥2.53bn | CN¥1.91bn | CN¥1.32bn | CN¥1.40bn | CN¥1.18bn | CN¥312.3m | CN¥389.7m | CN¥392.8m | CN¥410.4m |
| Shareholders' equity | CN¥2.98bn | CN¥2.47bn | CN¥2.07bn | CN¥1.85bn | CN¥1.76bn | CN¥2.81bn | CN¥2.07bn | CN¥1.92bn | CN¥690.3m | CN¥457.9m |
| Shares outstanding | 2,065m | 2,089m | 2,087m | 2,101m | 2,129m | 2,166m | 2,075m | 2,041m | 1,500m | 2,000m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥852.6m | CN¥827.1m | CN¥975.7m | CN¥736.5m | CN¥2.40bn | CN¥1.46bn | CN¥787.2m | CN¥356.7m | CN¥277.7m | CN¥168.4m |
| Capital spending | −CN¥403.6m | −CN¥342.6m | −CN¥599.8m | −CN¥900.5m | −CN¥2.03bn | −CN¥1.61bn | −CN¥1.23bn | −CN¥741.6m | −CN¥364.1m | −CN¥227.1m |
| Free cash flow | CN¥449.0m | CN¥484.5m | CN¥375.9m | −CN¥164.0m | CN¥362.9m | −CN¥148.3m | −CN¥441.7m | −CN¥384.9m | −CN¥86.3m | −CN¥58.7m |
| Dividends paid | −CN¥207.8m | −CN¥138.0m | −CN¥101.7m | −CN¥82.1m | −CN¥111.1m | −CN¥66.0m | −CN¥50.4m | −CN¥50.4m | −CN¥50.4m | — |
Latest quarters
By quarter end
| Dec 2025 | Sept 2025 | Aug 2025 | Jun 2025 | Mar 2025 | Feb 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.07bn | CN¥1.07bn | CN¥1.71bn | CN¥1.70bn | CN¥856.4m | CN¥1.88bn | CN¥797.0m | CN¥938.0m |
| Gross profit | CN¥376.6m | CN¥376.6m | CN¥508.5m | CN¥503.5m | CN¥254.2m | CN¥705.1m | CN¥299.6m | CN¥352.5m |
| Operating income | CN¥291.0m | CN¥291.0m | CN¥303.8m | CN¥327.9m | CN¥156.5m | CN¥553.7m | CN¥236.1m | CN¥277.9m |
| Net income | CN¥235.4m | CN¥235.4m | CN¥266.6m | CN¥264.0m | CN¥133.3m | CN¥397.7m | CN¥168.9m | CN¥198.8m |
| Diluted earnings per share | 0.11 | 0.11 | 0.13 | 0.13 | 0.06 | 0.19 | 0.08 | 0.10 |
| Cash from operations | CN¥461.0m | CN¥260.0m | — | CN¥750.0m | CN¥399.0m | — | CN¥5.0m | CN¥26.0m |
| Capital spending | −CN¥43.0m | −CN¥43.0m | — | −CN¥71.0m | −CN¥35.0m | — | −CN¥116.0m | −CN¥63.0m |
| Free cash flow | CN¥418.0m | CN¥217.0m | — | CN¥679.0m | CN¥364.0m | — | −CN¥111.0m | −CN¥37.0m |
| Total assets | CN¥10.05bn | CN¥10.02bn | CN¥9.97bn | CN¥9.97bn | CN¥9.97bn | CN¥9.36bn | CN¥7.96bn | CN¥9.36bn |
| Cash and short-term investments | CN¥460.1m | CN¥458.7m | CN¥975.0m | CN¥976.5m | CN¥975.0m | CN¥454.4m | CN¥386.1m | CN¥454.4m |
| Debt | CN¥2.58bn | CN¥924.6m | CN¥1.93bn | CN¥2.74bn | CN¥808.5m | CN¥1.76bn | CN¥2.16bn | CN¥780.4m |
| Shareholders' equity | CN¥3.35bn | CN¥3.34bn | CN¥2.98bn | CN¥2.98bn | CN¥2.98bn | CN¥2.77bn | CN¥2.35bn | CN¥2.77bn |
Financial ratios
Data as of 17 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 33.8% | 33.7% | 33.8% | 33.2% | 17.7% | 17.2% |
| Operating margin | 25.7% | 24.9% | 21.7% | 16.5% | -12.4% | 0.0% |
| Net margin | 18.5% | 17.3% | 14.6% | 10.9% | -324.7% | 88.8% |
| Return on equity | 22.1% | 23.3% | 16.3% | 5.2% | -94.4% | 11.4% |
| Return on assets | 6.6% | 5.7% | 3.5% | 1.2% | -21.4% | 5.1% |
| Free cash flow yield | 84.5% | 77.8% | 104.9% | 108.2% | 288.8% | 231.8% |
| Revenue growth | 6.9% | 44.2% | 160.4% | 72.4% | 20.3% | -53.5% |
| Earnings growth | 14.1% | 70.9% | 249.1% | -105.8% | -539.7% | 43.0% |
| Current ratio | 0.49x | 0.48x | 0.52x | 0.58x | 0.55x | 0.79x |
| Debt to equity | 0.82x | 0.84x | 0.82x | 0.62x | 0.71x | 0.39x |
| Equity ratio | 29.9% | 24.3% | 21.6% | 22.8% | 22.6% | 44.6% |
| Interest coverage | 7.39x | 9.64x | 8.00x | 5.31x | -2.53x | 0.01x |
| R&D as a share of sales | 0.5% | — | 0.5% | 1.6% | 2.0% | 0.6% |
| Buybacks as a share of market value | 1.1% | -0.1% | 0.7% | 1.3% | 1.7% | -4.4% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 58.9% | 57.8% | 32.2% |
| Operating income | 86.9% | — | 59.5% |
| Net income | 89.5% | 15.3% | 44.5% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 33.8% | 33.7% | 32.3% | 33.4% |
| Operating margin | 24.4% | 22.9% | 20.1% | 20.9% |
| Net margin | 18.0% | 16.6% | 1.8% | 6.2% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Price to earnings | 6.5 | 14.1 | 20.4 | 38.1 | -0.8 | 18.6 | 9.6 | 5.8 |
| Price to sales | 1.2 | 2.4 | 3.0 | 4.2 | 2.7 | 16.6 | 2.8 | 1.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 3 years. Last went ex-dividend on 4 Feb 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.043 | 0.062 | 0.09 | 0.053 | 0.025 | 0.108 | 0.041 | 0.033 |
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.