M 
1.14
+2.70%
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¥567.9m
FY2016FY2025
Net income
CN¥119.8m
FY2016FY2025
Free cash flow
CN¥158.1m
FY2016FY2025
Shareholders' equity
CN¥1.76bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥567.9m | CN¥157.6m | CN¥410.5m | CN¥1.79bn | CN¥364.2m | CN¥405.6m | CN¥1.46bn | CN¥2.91bn | CN¥4.10bn | CN¥2.87bn |
| Research and development | — | — | CN¥215,000 | CN¥281,000 | — | — | — | — | — | — |
| Operating income | CN¥118.3m | CN¥9.1m | −CN¥42.1m | −CN¥30.0m | CN¥8.8m | CN¥4.7m | CN¥24.9m | CN¥229.0m | CN¥184.5m | CN¥74.7m |
| Net income | CN¥119.8m | −CN¥23.2m | −CN¥35.0m | −CN¥25.6m | CN¥71,000 | −CN¥41.5m | −CN¥5.9m | CN¥166.4m | CN¥118.1m | CN¥58.6m |
| Diluted earnings per share | 0.09 | -0.02 | -0.03 | -0.02 | 0.00 | -0.03 | -0.01 | 0.16 | 0.14 | 0.09 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥2.19bn | CN¥1.58bn | CN¥1.59bn | CN¥1.63bn | CN¥1.51bn | CN¥1.84bn | CN¥1.86bn | CN¥1.78bn | CN¥1.06bn | CN¥748.1m |
| Cash and short-term investments | CN¥709.5m | CN¥429.3m | CN¥419.5m | CN¥475.2m | CN¥312.6m | CN¥761.3m | CN¥478.2m | CN¥365.6m | CN¥405.4m | CN¥145.7m |
| Total liabilities | CN¥428.3m | CN¥291.2m | CN¥259.3m | CN¥256.3m | CN¥108.2m | CN¥212.6m | CN¥191.0m | CN¥359.3m | CN¥652.0m | CN¥490.0m |
| Debt | CN¥136.5m | CN¥89.5m | CN¥100.0m | CN¥89.8m | CN¥9.3m | CN¥20.1m | CN¥28.3m | — | — | — |
| Shareholders' equity | CN¥1.76bn | CN¥1.31bn | CN¥1.34bn | CN¥1.37bn | CN¥1.40bn | CN¥1.63bn | CN¥1.67bn | CN¥1.42bn | CN¥403.7m | CN¥201.5m |
| Shares outstanding | 1,269m | 1,238m | 1,238m | 1,238m | 1,238m | 1,238m | 1,179m | 1,071m | 833m | 665m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥214.9m | CN¥30.3m | −CN¥56.5m | CN¥74.4m | −CN¥319.6m | CN¥57.2m | CN¥145.9m | −CN¥332.6m | CN¥181.4m | −CN¥301.7m |
| Capital spending | −CN¥56.8m | −CN¥1.2m | −CN¥1.4m | −CN¥755,000 | −CN¥30.9m | −CN¥1.0m | −CN¥2.6m | −CN¥1.2m | −CN¥14.3m | −CN¥4.4m |
| Free cash flow | CN¥158.1m | CN¥29.0m | −CN¥57.9m | CN¥73.6m | −CN¥350.4m | CN¥56.2m | CN¥143.3m | −CN¥333.8m | CN¥167.1m | −CN¥306.0m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥989.2m | CN¥292.3m | CN¥275.6m | CN¥56.8m | CN¥100.8m | CN¥280.6m | CN¥220.0m | CN¥952.0m |
| Operating income | CN¥94.8m | CN¥51.9m | CN¥66.5m | CN¥8.8m | CN¥240,000 | −CN¥22.5m | −CN¥18.9m | −CN¥13.0m |
| Net income | CN¥87.4m | CN¥32.1m | CN¥87.8m | −CN¥12.2m | −CN¥11.0m | −CN¥19.9m | −CN¥15.0m | −CN¥15.3m |
| Diluted earnings per share | 0.06 | 0.03 | 0.07 | -0.01 | -0.01 | -0.02 | -0.01 | -0.01 |
| Cash from operations | — | CN¥83.0m | CN¥131.0m | CN¥5.0m | CN¥22.0m | −CN¥59.0m | CN¥3.0m | CN¥91.0m |
| Capital spending | — | −CN¥55.0m | −CN¥1.0m | −CN¥1.0m | — | — | −CN¥1.0m | — |
| Free cash flow | — | CN¥28.0m | CN¥130.0m | CN¥4.0m | — | — | CN¥2.0m | — |
| Total assets | CN¥2.47bn | CN¥2.19bn | CN¥2.06bn | CN¥1.58bn | CN¥1.60bn | CN¥1.59bn | CN¥1.70bn | CN¥1.63bn |
| Cash and short-term investments | CN¥1.45bn | CN¥709.5m | CN¥620.6m | CN¥429.3m | CN¥431.5m | CN¥419.5m | CN¥490.3m | CN¥475.2m |
| Debt | CN¥152.5m | CN¥136.5m | CN¥127.7m | CN¥106.8m | CN¥135.8m | CN¥100.0m | CN¥107.0m | CN¥89.8m |
| Shareholders' equity | CN¥2.07bn | CN¥1.76bn | CN¥1.64bn | CN¥1.31bn | CN¥1.33bn | CN¥1.34bn | CN¥1.36bn | CN¥1.37bn |
Financial ratios
Data as of 1 Nov 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2015 | FY2014 | |
|---|---|---|---|---|---|---|---|---|
| Operating margin | 20.8% | 4.5% | -10.2% | -1.6% | 2.4% | 1.2% | — | — |
| Net margin | 21.1% | -14.7% | -8.5% | -1.4% | 0.0% | -10.2% | — | — |
| Return on equity | 6.8% | -1.8% | -2.6% | -1.9% | 0.0% | -2.5% | — | — |
| Return on assets | 5.5% | -1.5% | -2.2% | -1.6% | 0.0% | -2.3% | — | — |
| Free cash flow yield | 14.8% | 2.1% | -3.6% | 4.9% | -18.8% | 3.8% | — | — |
| Revenue growth | 209.0% | -61.6% | -77.1% | 391.6% | 4.7% | -72.2% | — | — |
| Earnings growth | -543.2% | -33.7% | 36.7% | -36160.6% | -100.2% | 600.4% | — | — |
| Current ratio | 4.72x | 5.36x | 6.06x | 6.29x | 13.68x | 8.67x | — | — |
| Debt to equity | 0.08x | 0.08x | 0.07x | 0.06x | 0.01x | 0.01x | — | — |
| Equity ratio | 80.5% | 83.1% | 84.2% | 84.0% | 92.5% | 88.5% | — | — |
| Interest coverage | 22.38x | 1.30x | -6.84x | -6.18x | 19.40x | 2.50x | — | — |
| R&D as a share of sales | — | — | 0.1% | 0.0% | — | — | 1.0% | 0.8% |
| Buybacks as a share of market value | -2.5% | 0.0% | 0.0% | 0.0% | 0.0% | -5.0% | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -31.8% | 7.0% | -5.3% |
| Operating income | — | 90.6% | 9.8% |
| Net income | — | — | 12.0% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 17.6% | 1.9% | 1.9% | 3.9% |
| Net margin | 13.3% | 1.2% | -0.1% | 2.3% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Price to earnings | 22.4 | -8.1 | -8.1 | -25.6 | — | -14.2 | -132.6 | 6.6 |
| Price to sales | 4.7 | 1.2 | 0.7 | 0.4 | 5.3 | 1.4 | 0.5 | 0.4 |
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.