12.09
+1.09%
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¥1.30bn
FY2016FY2025
Net income
CN¥27.2m
FY2016FY2025
Free cash flow
−CN¥74.2m
FY2016FY2025
Shareholders' equity
CN¥1.17bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.30bn | CN¥956.9m | CN¥718.5m | CN¥600.5m | CN¥679.8m | CN¥506.0m | CN¥414.5m | CN¥713.0m | CN¥817.6m | CN¥782.0m |
| Gross profit | CN¥135.7m | CN¥101.3m | CN¥87.7m | CN¥97.5m | CN¥118.2m | CN¥124.3m | CN¥100.0m | CN¥221.9m | CN¥253.8m | CN¥225.4m |
| Research and development | CN¥37.7m | CN¥27.3m | CN¥27.3m | CN¥21.1m | CN¥25.0m | CN¥18.7m | CN¥15.6m | CN¥25.6m | CN¥25.7m | CN¥24.2m |
| Operating income | CN¥49.0m | CN¥32.1m | CN¥22.8m | CN¥31.3m | CN¥48.5m | CN¥54.7m | CN¥51.2m | CN¥157.3m | CN¥142.6m | CN¥142.5m |
| Net income | CN¥27.2m | CN¥19.3m | CN¥11.3m | CN¥20.4m | CN¥36.6m | CN¥39.2m | CN¥35.2m | CN¥119.5m | CN¥110.7m | CN¥109.4m |
| Diluted earnings per share | 0.03 | 0.02 | 0.01 | 0.03 | 0.05 | 0.05 | 0.04 | 0.15 | 0.18 | 0.14 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥2.17bn | CN¥2.15bn | CN¥1.64bn | CN¥1.60bn | CN¥1.76bn | CN¥1.68bn | CN¥1.54bn | CN¥1.64bn | CN¥1.41bn | CN¥1.22bn |
| Cash and short-term investments | CN¥34.3m | CN¥67.2m | CN¥20.6m | CN¥11.6m | CN¥35.0m | CN¥30.7m | CN¥57.5m | CN¥198.5m | CN¥6.7m | CN¥11.2m |
| Total liabilities | CN¥962.1m | CN¥991.2m | CN¥654.3m | CN¥619.5m | CN¥627.5m | CN¥563.2m | CN¥442.5m | CN¥586.3m | CN¥732.5m | CN¥629.5m |
| Debt | CN¥431.7m | CN¥316.0m | CN¥244.0m | CN¥235.8m | CN¥160.1m | CN¥160.3m | CN¥121.0m | CN¥209.4m | CN¥228.0m | CN¥200.8m |
| Shareholders' equity | CN¥1.17bn | CN¥1.16bn | CN¥984.8m | CN¥984.5m | CN¥1.14bn | CN¥1.12bn | CN¥1.10bn | CN¥1.06bn | CN¥679.1m | CN¥594.5m |
| Shares outstanding | 800m | 800m | 800m | 800m | 800m | 800m | 800m | 800m | 600m | 800m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥91.7m | CN¥180.9m | CN¥129.4m | CN¥93.5m | CN¥160.1m | CN¥71.7m | CN¥122.1m | CN¥90.2m | CN¥149.5m | CN¥166.8m |
| Capital spending | −CN¥165.9m | −CN¥239.2m | −CN¥101.9m | −CN¥163.2m | −CN¥143.8m | −CN¥104.9m | −CN¥128.4m | −CN¥124.7m | −CN¥170.3m | −CN¥231.4m |
| Free cash flow | −CN¥74.2m | −CN¥58.3m | CN¥27.6m | −CN¥69.7m | CN¥16.3m | −CN¥33.2m | −CN¥6.3m | −CN¥34.4m | −CN¥20.7m | −CN¥64.5m |
| Dividends paid | −CN¥17.1m | −CN¥11.0m | −CN¥17.3m | −CN¥7.8m | −CN¥17.7m | −CN¥15.9m | −CN¥15.9m | −CN¥56.7m | −CN¥3.9m | −CN¥521,830 |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥610.3m | CN¥652.8m | CN¥642.3m | CN¥525.9m | CN¥431.0m | CN¥376.6m | CN¥341.9m | CN¥316.8m |
| Gross profit | CN¥72.7m | CN¥63.3m | CN¥72.4m | CN¥50.2m | CN¥51.1m | CN¥37.3m | CN¥50.4m | CN¥51.2m |
| Operating income | CN¥13.6m | CN¥13.5m | CN¥35.6m | CN¥9.7m | CN¥22.4m | CN¥4.7m | CN¥18.1m | CN¥14.6m |
| Net income | CN¥18.3m | CN¥6.9m | CN¥20.3m | CN¥5.3m | CN¥14.1m | −CN¥712,000 | CN¥12.0m | CN¥8.0m |
| Diluted earnings per share | 0.02 | 0.01 | 0.03 | 0.01 | 0.02 | -0.00 | 0.01 | 0.01 |
| Cash from operations | — | CN¥36.0m | CN¥12.0m | CN¥160.0m | CN¥20.0m | CN¥67.0m | CN¥62.0m | CN¥65.0m |
| Capital spending | — | −CN¥69.0m | −CN¥103.0m | −CN¥179.0m | −CN¥60.0m | −CN¥54.0m | −CN¥47.0m | −CN¥107.0m |
| Free cash flow | — | −CN¥33.0m | −CN¥91.0m | −CN¥19.0m | −CN¥40.0m | CN¥13.0m | CN¥15.0m | −CN¥42.0m |
| Total assets | CN¥2.29bn | CN¥2.17bn | CN¥2.14bn | CN¥1.84bn | CN¥1.75bn | CN¥1.64bn | CN¥1.67bn | CN¥1.87bn |
| Cash and short-term investments | CN¥59.5m | CN¥34.3m | CN¥30.5m | CN¥57.5m | CN¥66.9m | CN¥20.6m | CN¥76.1m | CN¥13.5m |
| Debt | CN¥208.6m | CN¥431.7m | CN¥429.4m | CN¥316.5m | CN¥300.3m | CN¥243.5m | CN¥295.6m | CN¥275.2m |
| Shareholders' equity | CN¥1.16bn | CN¥1.17bn | CN¥1.16bn | CN¥994.5m | CN¥988.2m | CN¥984.8m | CN¥997.7m | CN¥1.15bn |
Financial ratios
Data as of 30 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 10.5% | 10.6% | 12.2% | 16.2% | 17.4% | 24.6% |
| Operating margin | 3.8% | 3.4% | 3.2% | 5.2% | 7.1% | 10.8% |
| Net margin | 2.1% | 2.0% | 1.6% | 3.4% | 5.4% | 7.8% |
| Return on equity | 2.3% | 1.9% | 1.1% | 2.1% | 3.8% | 3.5% |
| Return on assets | 1.3% | 1.0% | 0.7% | 1.3% | 2.4% | 2.3% |
| Free cash flow yield | 2.2% | 4.2% | 2.3% | 2.6% | 3.0% | 1.5% |
| Revenue growth | 15.9% | 33.2% | 19.7% | -11.7% | 56.8% | 22.1% |
| Earnings growth | 20.4% | 71.5% | -44.8% | -44.2% | 8.8% | 11.6% |
| Current ratio | 1.15x | 1.07x | 1.32x | 1.06x | 1.21x | 1.42x |
| Debt to equity | 0.37x | 0.32x | 0.25x | 0.24x | 0.16x | 0.17x |
| Equity ratio | 53.9% | 53.9% | 60.1% | 61.4% | 64.4% | 66.5% |
| Interest coverage | 3.43x | 3.03x | 2.33x | 3.88x | 7.59x | 7.56x |
| R&D as a share of sales | 2.9% | 2.8% | 3.8% | 3.5% | 3.7% | 3.7% |
| 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 | 29.2% | 20.7% | 8.7% |
| Operating income | 16.1% | -2.2% | -8.2% |
| Net income | 10.0% | -7.1% | -10.9% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 10.5% | 11.8% | 14.0% | 20.5% |
| Operating margin | 3.6% | 3.8% | 5.0% | 10.5% |
| Net margin | 2.1% | 2.2% | 3.2% | 7.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Price to earnings | 303.6 | 116.6 | 103.3 | 30.9 | 17.8 | 19.4 | 30.3 | 9.5 |
| Price to sales | 6.4 | 2.4 | 1.6 | 1.1 | 1.0 | 1.5 | 2.6 | 1.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 6 years. Last went ex-dividend on 24 Jun 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.026 | 0.02 | 0.015 | 0.015 | 0.017 | 0.03 | 0.02 | 0.069 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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