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37.12
-1.38%
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¥37.05bn
FY2016FY2025
Net income
CN¥2.93bn
FY2016FY2025
Free cash flow
CN¥5.24bn
FY2016FY2025
Shareholders' equity
CN¥28.38bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥37.05bn | CN¥31.82bn | CN¥23.78bn | CN¥24.02bn | CN¥20.57bn | CN¥19.96bn | CN¥20.83bn | CN¥21.11bn | CN¥24.59bn | CN¥18.06bn |
| Gross profit | CN¥8.17bn | CN¥7.04bn | CN¥4.02bn | CN¥4.40bn | CN¥5.08bn | CN¥4.92bn | CN¥5.95bn | CN¥7.85bn | CN¥10.15bn | CN¥7.50bn |
| Research and development | CN¥2.88bn | CN¥2.57bn | CN¥1.83bn | CN¥1.89bn | CN¥2.02bn | CN¥2.24bn | CN¥2.01bn | CN¥1.78bn | CN¥1.94bn | CN¥1.36bn |
| Operating income | CN¥3.01bn | CN¥2.42bn | CN¥1.41bn | CN¥1.47bn | CN¥1.72bn | CN¥1.57bn | CN¥3.17bn | CN¥4.95bn | CN¥7.08bn | CN¥5.25bn |
| Net income | CN¥2.93bn | CN¥2.09bn | CN¥862.2m | CN¥956.4m | CN¥1.53bn | CN¥1.75bn | CN¥2.59bn | CN¥4.42bn | CN¥6.20bn | CN¥4.69bn |
| Diluted earnings per share | 2.54 | 1.78 | 0.73 | 0.80 | 1.27 | 1.45 | 2.14 | 3.62 | 5.07 | 3.82 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥57.06bn | CN¥54.38bn | CN¥45.31bn | CN¥46.98bn | CN¥48.94bn | CN¥45.31bn | CN¥39.83bn | CN¥34.78bn | CN¥35.78bn | CN¥28.25bn |
| Cash and short-term investments | CN¥10.05bn | CN¥8.78bn | CN¥7.95bn | CN¥8.33bn | CN¥7.05bn | CN¥8.78bn | CN¥6.42bn | CN¥4.83bn | CN¥4.70bn | CN¥4.50bn |
| Total liabilities | CN¥27.46bn | CN¥27.46bn | CN¥19.26bn | CN¥21.13bn | CN¥22.73bn | CN¥19.90bn | CN¥17.29bn | CN¥12.73bn | CN¥15.34bn | CN¥11.69bn |
| Debt | CN¥11.80bn | CN¥10.45bn | CN¥9.58bn | CN¥10.42bn | CN¥10.50bn | CN¥9.21bn | CN¥8.82bn | CN¥5.92bn | CN¥6.29bn | CN¥4.09bn |
| Shareholders' equity | CN¥28.38bn | CN¥26.50bn | CN¥25.48bn | CN¥25.22bn | CN¥25.40bn | CN¥24.64bn | CN¥22.53bn | CN¥22.05bn | CN¥20.44bn | CN¥16.52bn |
| Shares outstanding | 1,150m | 1,175m | 1,179m | 1,202m | 1,204m | 1,209m | 1,208m | 1,221m | 1,222m | 1,228m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥8.36bn | CN¥6.06bn | CN¥5.39bn | CN¥5.09bn | CN¥2.53bn | CN¥4.18bn | CN¥4.48bn | CN¥7.91bn | CN¥6.16bn | CN¥5.60bn |
| Capital spending | −CN¥3.12bn | −CN¥2.64bn | −CN¥1.79bn | −CN¥2.24bn | −CN¥3.89bn | −CN¥4.95bn | −CN¥3.28bn | −CN¥4.69bn | −CN¥5.61bn | −CN¥4.57bn |
| Free cash flow | CN¥5.24bn | CN¥3.42bn | CN¥3.60bn | CN¥2.85bn | −CN¥1.36bn | −CN¥764.6m | CN¥1.20bn | CN¥3.22bn | CN¥550.7m | CN¥1.03bn |
| Dividends paid | −CN¥307.1m | −CN¥120.6m | −CN¥151.8m | — | −CN¥469.6m | −CN¥124.4m | −CN¥1.78bn | −CN¥2.54bn | −CN¥1.94bn | −CN¥1.53bn |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥16.66bn | CN¥21.54bn | CN¥7.75bn | CN¥18.73bn | CN¥13.10bn | CN¥13.04bn | CN¥10.74bn | CN¥13.06bn |
| Gross profit | CN¥3.52bn | CN¥4.96bn | CN¥1.60bn | CN¥4.22bn | CN¥2.82bn | CN¥2.51bn | CN¥1.51bn | CN¥2.32bn |
| Operating income | CN¥1.10bn | CN¥1.92bn | CN¥451.8m | CN¥1.71bn | CN¥712.5m | CN¥566.4m | −CN¥34.1m | CN¥407.8m |
| Net income | CN¥1.04bn | CN¥1.91bn | CN¥509.9m | CN¥1.47bn | CN¥625.4m | CN¥687.1m | CN¥175.0m | CN¥548.7m |
| Diluted earnings per share | 0.91 | 1.66 | 0.44 | 1.25 | 0.53 | 0.58 | 0.15 | 0.46 |
| Cash from operations | — | CN¥4.85bn | CN¥3.49bn | CN¥1.49bn | CN¥3.09bn | CN¥3.00bn | CN¥2.39bn | CN¥3.42bn |
| Capital spending | — | −CN¥1.32bn | −CN¥1.82bn | −CN¥660.0m | −CN¥1.09bn | −CN¥755.0m | −CN¥832.0m | −CN¥752.0m |
| Free cash flow | — | CN¥3.53bn | CN¥1.67bn | CN¥825.0m | CN¥2.00bn | CN¥2.25bn | CN¥1.56bn | CN¥2.67bn |
| Total assets | CN¥55.18bn | CN¥57.06bn | CN¥54.77bn | CN¥54.38bn | CN¥51.32bn | CN¥45.31bn | CN¥45.90bn | CN¥46.98bn |
| Cash and short-term investments | CN¥8.26bn | CN¥10.05bn | CN¥9.04bn | CN¥8.78bn | CN¥9.13bn | CN¥7.95bn | CN¥8.30bn | CN¥8.33bn |
| Debt | CN¥2.68bn | CN¥12.61bn | CN¥12.95bn | CN¥12.18bn | CN¥13.43bn | CN¥11.16bn | CN¥10.98bn | CN¥12.14bn |
| Shareholders' equity | CN¥28.06bn | CN¥28.38bn | CN¥27.12bn | CN¥26.50bn | CN¥25.90bn | CN¥25.48bn | CN¥25.03bn | CN¥25.22bn |
Financial ratios
Data as of 20 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 22.1% | 22.1% | 16.9% | 18.3% | 24.7% | 24.7% |
| Operating margin | 8.1% | 7.6% | 5.9% | 6.1% | 8.4% | 7.9% |
| Net margin | 7.9% | 6.6% | 3.6% | 4.0% | 7.5% | 8.8% |
| Return on equity | 10.3% | 7.9% | 3.4% | 3.8% | 6.0% | 7.1% |
| Return on assets | 5.1% | 3.8% | 1.9% | 2.0% | 3.1% | 3.9% |
| Free cash flow yield | 21.2% | 15.7% | 12.9% | 12.9% | 11.3% | 16.0% |
| Revenue growth | 16.4% | 33.8% | -1.0% | 16.7% | 3.1% | -4.2% |
| Earnings growth | 39.8% | 142.7% | -9.9% | -37.6% | -12.6% | -32.2% |
| Current ratio | 1.49x | 1.45x | 1.63x | 1.89x | 1.86x | 1.80x |
| Debt to equity | 0.42x | 0.43x | 0.42x | 0.46x | 0.46x | 0.40x |
| Equity ratio | 49.7% | 48.7% | 56.2% | 53.7% | 51.9% | 54.4% |
| Interest coverage | 6.55x | 4.99x | 3.11x | 3.14x | 3.56x | 3.99x |
| R&D as a share of sales | 7.8% | 8.1% | 7.7% | 7.9% | 9.8% | 11.2% |
| Buybacks as a share of market value | 2.1% | 0.3% | 1.9% | 0.2% | 0.4% | -0.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 15.5% | 13.2% | 10.5% |
| Operating income | 27.0% | 13.9% | -2.1% |
| Net income | 45.2% | 10.8% | -2.1% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 22.1% | 20.2% | 21.4% | 27.7% |
| Operating margin | 7.9% | 7.1% | 7.4% | 14.0% |
| Net margin | 7.3% | 5.9% | 6.4% | 12.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 13.5 | 18.5 | 27.9 | 19.7 | 21.3 | 26.3 | 27.9 | 11.0 | 24.2 | 16.2 |
| Price to sales | 1.1 | 1.2 | 1.0 | 0.8 | 1.6 | 2.3 | 3.5 | 2.3 | 6.1 | 4.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 3 years. Last went ex-dividend on 26 May 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.303 | 0.24 | 0.10 | 0.12 | 0.40 | 0.10 | 1.43 | 2.10 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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