0.74
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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¥1.11bn
FY2016FY2025
Net income
CN¥263.5m
FY2016FY2025
Free cash flow
−CN¥814.0m
FY2016FY2025
Shareholders' equity
CN¥3.78bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.11bn | CN¥980.8m | CN¥873.3m | CN¥956.6m | CN¥799.3m | CN¥561.3m | CN¥485.1m | CN¥301.8m | CN¥172.0m | CN¥162.5m |
| Gross profit | CN¥566.1m | CN¥627.2m | CN¥568.0m | CN¥600.2m | CN¥491.1m | CN¥334.3m | CN¥258.1m | CN¥161.7m | CN¥102.3m | CN¥96.6m |
| Operating income | CN¥389.1m | CN¥490.6m | CN¥466.7m | CN¥508.1m | CN¥434.0m | CN¥294.6m | CN¥198.7m | CN¥110.7m | CN¥191.3m | CN¥171.3m |
| Net income | CN¥263.5m | CN¥312.8m | CN¥388.2m | CN¥428.2m | CN¥380.7m | CN¥265.9m | CN¥175.8m | CN¥156.0m | CN¥122.0m | CN¥96.5m |
| Diluted earnings per share | 0.16 | 0.20 | 0.24 | 0.27 | 0.24 | 0.17 | 0.11 | 0.13 | 0.08 | 0.06 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥6.92bn | CN¥5.49bn | CN¥4.86bn | CN¥4.12bn | CN¥3.52bn | CN¥2.65bn | CN¥2.40bn | CN¥1.87bn | CN¥1.68bn | CN¥1.32bn |
| Cash and short-term investments | CN¥2.14bn | CN¥2.42bn | CN¥2.46bn | CN¥1.76bn | CN¥1.49bn | CN¥1.15bn | CN¥951.0m | CN¥457.2m | CN¥303.2m | CN¥226.7m |
| Total liabilities | CN¥2.08bn | CN¥1.01bn | CN¥888.0m | CN¥707.7m | CN¥675.3m | CN¥463.6m | CN¥416.0m | CN¥517.2m | CN¥489.9m | CN¥320.4m |
| Debt | CN¥1.11bn | CN¥290,710 | CN¥470,507 | CN¥234,000 | CN¥568,000 | CN¥451,000 | CN¥1.5m | CN¥89.0m | — | CN¥1.0m |
| Shareholders' equity | CN¥3.78bn | CN¥3.52bn | CN¥3.15bn | CN¥2.72bn | CN¥2.28bn | CN¥1.78bn | CN¥1.64bn | CN¥1.07bn | CN¥586.1m | CN¥769.9m |
| Shares outstanding | 1,601m | 1,601m | 1,601m | 1,601m | 1,601m | 1,601m | 1,601m | 1,200m | 1,600m | 1,600m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥614.1m | CN¥659.0m | CN¥733.7m | CN¥751.3m | CN¥609.8m | CN¥441.5m | CN¥317.5m | CN¥250.5m | CN¥124.3m | CN¥115.6m |
| Capital spending | −CN¥1.43bn | −CN¥118.8m | −CN¥76.5m | −CN¥212.7m | −CN¥333.5m | −CN¥113.3m | −CN¥96.4m | −CN¥27.6m | −CN¥6.7m | −CN¥2.8m |
| Free cash flow | −CN¥814.0m | CN¥540.2m | CN¥657.2m | CN¥538.6m | CN¥276.3m | CN¥328.1m | CN¥221.1m | CN¥222.9m | CN¥117.6m | CN¥112.8m |
| Dividends paid | — | — | −CN¥21.6m | — | −CN¥174.7m | −CN¥109.8m | −CN¥108.4m | −CN¥10.6m | −CN¥10.6m | −CN¥10.6m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥622.5m | CN¥488.1m | CN¥624.1m | CN¥463.4m | CN¥517.4m | CN¥432.3m | CN¥514.9m | CN¥506.5m |
| Gross profit | CN¥310.7m | CN¥182.3m | CN¥383.8m | CN¥280.0m | CN¥347.2m | CN¥273.2m | CN¥344.2m | CN¥309.3m |
| Operating income | CN¥260.5m | CN¥68.5m | CN¥320.5m | CN¥188.4m | CN¥302.2m | CN¥191.0m | CN¥272.7m | CN¥233.9m |
| Net income | CN¥211.6m | −CN¥14.2m | CN¥277.6m | CN¥45.3m | CN¥267.5m | CN¥176.5m | CN¥247.1m | CN¥198.9m |
| Diluted earnings per share | 0.13 | -0.01 | 0.17 | 0.03 | 0.17 | 0.11 | 0.15 | 0.12 |
| Cash from operations | — | CN¥952.0m | −CN¥353.0m | CN¥802.0m | −CN¥143.0m | CN¥1.00bn | −CN¥148.0m | CN¥815.0m |
| Capital spending | — | −CN¥719.0m | −CN¥621.0m | −CN¥71.0m | −CN¥47.0m | −CN¥62.0m | −CN¥24.0m | −CN¥76.0m |
| Free cash flow | — | CN¥233.0m | −CN¥974.0m | CN¥731.0m | −CN¥190.0m | CN¥942.0m | −CN¥172.0m | CN¥739.0m |
| Total assets | CN¥6.79bn | CN¥6.92bn | CN¥5.79bn | CN¥4.71bn | CN¥3.98bn | CN¥4.16bn | CN¥3.91bn | CN¥4.12bn |
| Cash and short-term investments | CN¥1.70bn | CN¥2.14bn | CN¥1.65bn | CN¥2.08bn | CN¥1.85bn | CN¥2.10bn | CN¥1.52bn | CN¥1.76bn |
| Debt | CN¥352.9m | CN¥1.11bn | CN¥700.5m | CN¥249,000 | CN¥451,000 | CN¥647,000 | CN¥40,863 | CN¥273,198 |
| Shareholders' equity | CN¥3.99bn | CN¥3.78bn | CN¥3.80bn | CN¥3.01bn | CN¥2.97bn | CN¥2.70bn | CN¥2.95bn | CN¥2.72bn |
Financial ratios
Data as of 28 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 50.9% | 63.9% | 65.0% | 62.7% | 61.4% | 59.6% |
| Operating margin | 34.1% | 49.2% | 57.7% | 52.1% | 53.3% | 51.1% |
| Net margin | 23.7% | 31.9% | 44.4% | 44.8% | 47.6% | 47.4% |
| Return on equity | 7.0% | 10.4% | 14.4% | 15.7% | 16.7% | 14.9% |
| Return on assets | 3.8% | 6.6% | 9.3% | 10.4% | 10.8% | 10.1% |
| Free cash flow yield | 140.1% | 62.3% | 64.9% | 66.1% | 64.7% | 44.4% |
| Revenue growth | -2.9% | 12.3% | 6.6% | 19.7% | 22.0% | 15.7% |
| Earnings growth | -27.9% | -19.4% | 5.9% | 12.5% | 22.6% | 51.3% |
| Current ratio | 1.82x | 2.66x | 2.92x | 2.62x | 2.32x | 2.62x |
| Debt to equity | 0.29x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
| Equity ratio | 54.7% | 64.0% | 64.9% | 66.1% | 64.8% | 67.4% |
| Interest coverage | 82.31x | 21921.82x | 28019.33x | 695.37x | 20261.28x | 5859.39x |
| Buybacks as a share of market value | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 5.2% | 14.7% | — |
| Operating income | -8.5% | 5.7% | — |
| Net income | -14.9% | -0.2% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 57.0% | 60.2% | 60.3% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Price to earnings | 4.8 | 3.5 | 2.6 | 4.0 | 10.4 | 21.0 | 12.3 |
| Price to sales | 1.1 | 1.1 | 1.1 | 1.8 | 5.0 | 10.0 | 4.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 23 May 2023.
| FY2023 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|
| Paid in the year | 0.015 | 0.063 | 0.021 | 0.021 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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