P 
5.76
-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¥6.37bn
FY2016FY2025
Net income
CN¥441.9m
FY2016FY2025
Free cash flow
CN¥456.2m
FY2016FY2025
Shareholders' equity
CN¥11.55bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥6.37bn | CN¥5.60bn | CN¥5.44bn | CN¥7.23bn | CN¥8.54bn | CN¥7.99bn | CN¥5.90bn | CN¥3.89bn | CN¥2.18bn | CN¥700.4m |
| Gross profit | CN¥2.06bn | CN¥1.77bn | CN¥1.76bn | CN¥1.95bn | CN¥1.99bn | CN¥2.17bn | CN¥1.36bn | CN¥1.06bn | CN¥712.7m | CN¥295.3m |
| Research and development | CN¥394.5m | — | — | — | — | — | — | — | — | CN¥350.0m |
| Operating income | CN¥113.6m | −CN¥103.7m | −CN¥669.8m | −CN¥845.7m | −CN¥1.91bn | −CN¥1.07bn | −CN¥1.25bn | −CN¥1.29bn | −CN¥1.16bn | −CN¥868.6m |
| Net income | CN¥441.9m | CN¥94.8m | −CN¥375.6m | −CN¥740.6m | −CN¥1.79bn | −CN¥1.10bn | −CN¥854.5m | −CN¥1.06bn | −CN¥1.17bn | −CN¥882.8m |
| Diluted earnings per share | 0.21 | 0.09 | -0.35 | -0.69 | -1.62 | -1.05 | -0.80 | -1.06 | -1.39 | -0.83 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥15.41bn | CN¥19.54bn | CN¥19.24bn | CN¥19.96bn | CN¥20.82bn | CN¥21.61bn | CN¥14.41bn | CN¥14.41bn | CN¥6.95bn | CN¥4.88bn |
| Cash and short-term investments | CN¥8.12bn | CN¥13.41bn | CN¥13.21bn | CN¥11.80bn | CN¥11.81bn | CN¥15.76bn | CN¥8.60bn | CN¥8.37bn | CN¥6.05bn | CN¥3.42bn |
| Total liabilities | CN¥3.87bn | CN¥15.37bn | CN¥3.79bn | CN¥4.29bn | CN¥4.42bn | CN¥3.15bn | CN¥3.16bn | CN¥2.45bn | CN¥2.26bn | CN¥2.11bn |
| Debt | CN¥58.6m | CN¥55.5m | CN¥104.1m | CN¥176.5m | CN¥201.3m | CN¥114.0m | CN¥95.6m | — | — | CN¥550.0m |
| Shareholders' equity | CN¥11.55bn | CN¥4.18bn | CN¥15.47bn | CN¥15.67bn | CN¥16.40bn | CN¥18.44bn | CN¥11.23bn | CN¥11.88bn | CN¥4.70bn | CN¥2.76bn |
| Shares outstanding | 2,134m | 1,084m | 1,080m | 1,079m | 1,105m | 1,049m | 1,067m | 1,000m | 836m | 1,067m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥501.5m | CN¥115.7m | −CN¥329.4m | −CN¥943.9m | −CN¥1.63bn | −CN¥1.28bn | −CN¥587.1m | −CN¥1.26bn | −CN¥563.5m | −CN¥306.3m |
| Capital spending | −CN¥45.3m | −CN¥39.9m | −CN¥50.0m | −CN¥40.1m | −CN¥103.8m | −CN¥85.2m | −CN¥154.9m | −CN¥230.1m | −CN¥14.1m | −CN¥114.3m |
| Free cash flow | CN¥456.2m | CN¥75.8m | −CN¥379.4m | −CN¥984.0m | −CN¥1.74bn | −CN¥1.37bn | −CN¥742.0m | −CN¥1.49bn | −CN¥577.5m | −CN¥420.6m |
| Dividends paid | −CN¥4.43bn | — | — | — | — | — | — | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥2.85bn | CN¥3.45bn | CN¥2.91bn | CN¥3.16bn | CN¥2.44bn | CN¥2.85bn | CN¥2.59bn | CN¥3.93bn |
| Gross profit | CN¥1.10bn | CN¥1.09bn | CN¥977.7m | CN¥989.2m | CN¥784.6m | CN¥923.5m | CN¥832.9m | CN¥1.07bn |
| Operating income | CN¥189.6m | CN¥12.6m | CN¥101.0m | −CN¥55.4m | −CN¥48.3m | −CN¥254.0m | −CN¥528.8m | −CN¥577.2m |
| Net income | CN¥251.9m | CN¥285.7m | CN¥156.2m | CN¥28.9m | CN¥66.0m | −CN¥90.8m | −CN¥284.8m | −CN¥202.1m |
| Diluted earnings per share | 0.12 | 0.13 | 0.07 | 0.03 | 0.06 | -0.08 | -0.26 | -0.19 |
| Cash from operations | CN¥75.0m | CN¥375.0m | CN¥74.0m | CN¥272.0m | −CN¥157.0m | −CN¥251.0m | −CN¥78.0m | −CN¥840.0m |
| Capital spending | −CN¥8.0m | −CN¥41.0m | −CN¥4.0m | −CN¥27.0m | −CN¥12.0m | −CN¥30.0m | −CN¥19.0m | −CN¥25.0m |
| Free cash flow | CN¥67.0m | CN¥334.0m | CN¥70.0m | CN¥245.0m | −CN¥169.0m | −CN¥281.0m | −CN¥97.0m | −CN¥865.0m |
| Total assets | CN¥15.23bn | CN¥15.41bn | CN¥15.08bn | CN¥19.54bn | CN¥18.86bn | CN¥19.24bn | CN¥19.40bn | CN¥19.96bn |
| Cash and short-term investments | CN¥8.39bn | CN¥8.12bn | CN¥9.04bn | CN¥13.41bn | CN¥12.99bn | CN¥13.21bn | CN¥13.40bn | CN¥11.80bn |
| Debt | CN¥25.1m | CN¥58.6m | CN¥65.7m | CN¥64.6m | CN¥69.0m | CN¥121.2m | CN¥169.6m | CN¥205.5m |
| Shareholders' equity | CN¥11.74bn | CN¥11.55bn | CN¥11.30bn | CN¥4.18bn | CN¥15.58bn | CN¥15.47bn | CN¥15.55bn | CN¥15.67bn |
Financial ratios
Data as of 23 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 32.4% | 31.7% | 32.3% | 26.9% | 23.3% | 27.2% | — | — |
| Operating margin | 1.8% | -1.9% | -12.3% | -11.7% | -22.4% | -13.4% | — | — |
| Net margin | 6.9% | 1.7% | -6.9% | -10.3% | -21.0% | -13.8% | — | — |
| Return on equity | 3.8% | 2.3% | -2.4% | -4.7% | -10.9% | -6.0% | — | — |
| Return on assets | 2.9% | 0.5% | -2.0% | -3.7% | -8.6% | -5.1% | — | — |
| Free cash flow yield | 3.6% | 2.0% | -3.6% | -11.8% | -19.5% | -16.1% | — | — |
| Revenue growth | 13.7% | 2.9% | -24.7% | -15.4% | 6.8% | 35.5% | — | — |
| Earnings growth | 366.1% | -125.2% | -49.3% | -58.6% | 62.2% | 29.2% | — | — |
| Current ratio | 2.70x | 1.02x | 4.30x | 3.61x | 3.47x | 5.72x | — | — |
| Debt to equity | 0.00x | 0.01x | 0.00x | 0.01x | 0.01x | 0.00x | — | — |
| Equity ratio | 75.0% | 21.4% | 80.4% | 78.5% | 78.8% | 85.3% | — | — |
| Interest coverage | 36.45x | -26.20x | -83.54x | -65.36x | -151.75x | -153.37x | — | — |
| R&D as a share of sales | 6.2% | — | — | — | — | — | 50.0% | 36.0% |
| Buybacks as a share of market value | -97.0% | -0.3% | -0.2% | 2.4% | -5.4% | 1.7% | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -4.1% | -4.5% | 34.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 32.1% | 30.6% | 28.4% | 28.2% |
| Operating margin | 0.1% | -6.1% | -10.9% | -17.4% |
| Net margin | 4.5% | -2.4% | -8.4% | -14.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Price to earnings | 59.0 | 62.0 | -17.8 | -10.8 | -6.1 | -30.9 | -24.6 | -9.0 |
| Price to sales | 4.1 | 1.1 | 1.2 | 1.1 | 1.3 | 4.3 | 3.6 | 2.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 6 Dec 2024.
| FY2024 | |
|---|---|
| Paid in the year | 0.097 |
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.