S 
23.50
-2.41%
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¥10.69bn
FY2019FY2025
Net income
CN¥1.28bn
FY2019FY2025
Free cash flow
CN¥804.4m
FY2019FY2025
Shareholders' equity
CN¥3.23bn
FY2019FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | CN¥10.69bn | CN¥6.79bn | CN¥4.19bn | CN¥2.68bn | CN¥3.62bn | CN¥3.38bn | CN¥2.87bn |
| Gross profit | CN¥8.15bn | CN¥5.11bn | CN¥2.99bn | CN¥1.70bn | CN¥2.36bn | CN¥2.19bn | CN¥1.68bn |
| Research and development | CN¥261.7m | CN¥179.9m | CN¥125.8m | CN¥110.3m | CN¥104.7m | CN¥77.4m | CN¥82.9m |
| Operating income | CN¥1.25bn | CN¥693.8m | CN¥439.1m | CN¥62.7m | CN¥369.2m | CN¥320.1m | CN¥3.2m |
| Net income | CN¥1.28bn | CN¥781.2m | CN¥461.1m | CN¥147.1m | CN¥338.9m | CN¥203.5m | CN¥62.6m |
| Diluted earnings per share | 3.23 | 1.96 | 1.16 | 0.41 | 0.94 | 0.57 | 0.17 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Total assets | CN¥5.79bn | CN¥4.19bn | CN¥3.64bn | CN¥3.66bn | CN¥2.65bn | CN¥2.22bn | CN¥2.32bn |
| Cash and short-term investments | CN¥1.12bn | CN¥853.5m | CN¥1.07bn | CN¥1.36bn | CN¥183.2m | CN¥174.2m | CN¥375.0m |
| Total liabilities | CN¥2.44bn | CN¥1.59bn | CN¥1.28bn | CN¥1.68bn | CN¥1.54bn | CN¥1.64bn | CN¥540.3m |
| Debt | CN¥736.4m | CN¥111.7m | CN¥165.6m | CN¥728.2m | CN¥285.0m | CN¥544.1m | CN¥646.3m |
| Shareholders' equity | CN¥3.23bn | CN¥2.55bn | CN¥2.34bn | CN¥1.99bn | CN¥1.11bn | CN¥579.0m | −CN¥366.9m |
| Shares outstanding | 398m | 398m | 398m | 362m | 360m | 360m | 360m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥1.40bn | CN¥547.0m | CN¥869.1m | CN¥42.6m | CN¥390.4m | CN¥266.0m | CN¥77.4m |
| Capital spending | −CN¥599.5m | −CN¥242.6m | −CN¥103.1m | −CN¥70.0m | −CN¥76.6m | −CN¥141.4m | −CN¥160.7m |
| Free cash flow | CN¥804.4m | CN¥304.4m | CN¥766.1m | −CN¥27.4m | CN¥313.9m | CN¥124.6m | −CN¥83.4m |
| Dividends paid | −CN¥709.6m | −CN¥522.0m | −CN¥208.6m | −CN¥233.0m | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Sept 2024 | Jun 2024 | Mar 2024 | Dec 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥4.32bn | CN¥5.91bn | CN¥4.79bn | CN¥3.29bn | CN¥1.92bn | CN¥3.50bn | CN¥2.04bn | CN¥2.60bn |
| Gross profit | CN¥3.31bn | CN¥4.54bn | CN¥3.61bn | CN¥2.43bn | CN¥1.41bn | CN¥2.68bn | CN¥1.56bn | CN¥1.91bn |
| Operating income | CN¥96.4m | CN¥668.7m | CN¥589.9m | CN¥266.3m | CN¥155.1m | CN¥466.2m | CN¥271.5m | CN¥353.1m |
| Net income | CN¥124.3m | CN¥673.7m | CN¥610.5m | CN¥380.0m | CN¥221.3m | CN¥401.2m | CN¥233.7m | CN¥360.1m |
| Diluted earnings per share | 0.31 | 1.69 | 1.53 | 0.95 | 0.56 | 1.01 | 0.59 | 0.91 |
| Cash from operations | — | CN¥946.0m | CN¥449.0m | CN¥329.0m | — | CN¥217.0m | CN¥126.0m | CN¥574.0m |
| Capital spending | — | −CN¥448.0m | −CN¥150.0m | −CN¥112.0m | — | −CN¥120.0m | −CN¥70.0m | −CN¥52.0m |
| Free cash flow | — | CN¥498.0m | CN¥299.0m | CN¥217.0m | — | CN¥97.0m | CN¥56.0m | CN¥522.0m |
| Total assets | CN¥5.27bn | CN¥5.79bn | CN¥4.61bn | CN¥3.60bn | CN¥4.19bn | CN¥3.47bn | CN¥4.04bn | CN¥3.13bn |
| Cash and short-term investments | CN¥975.8m | CN¥1.12bn | CN¥931.7m | CN¥732.7m | CN¥819.8m | CN¥857.8m | CN¥999.1m | CN¥914.5m |
| Debt | CN¥380.6m | CN¥736.4m | CN¥350.4m | CN¥111.7m | CN¥119.1m | CN¥121.6m | CN¥113.3m | CN¥165.6m |
| Shareholders' equity | CN¥2.98bn | CN¥3.23bn | CN¥2.83bn | CN¥2.19bn | CN¥2.55bn | CN¥2.11bn | CN¥2.45bn | CN¥2.01bn |
Financial ratios
Data as of 25 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 76.3% | 75.2% | 71.4% | 63.5% | 65.2% | 64.7% |
| Operating margin | 11.6% | 10.2% | 10.5% | 2.3% | 10.2% | 9.5% |
| Net margin | 12.0% | 11.5% | 11.0% | 5.5% | 9.4% | 6.0% |
| Return on equity | 39.8% | 35.7% | 23.0% | 8.6% | 35.7% | 35.1% |
| Return on assets | 22.2% | 21.7% | 14.7% | 4.7% | 14.9% | 9.1% |
| Free cash flow yield | 21.1% | 9.7% | 10.2% | 1.3% | — | — |
| Revenue growth | 35.1% | 62.1% | 56.6% | -26.1% | 7.0% | 17.6% |
| Earnings growth | 41.1% | 69.4% | 213.5% | -56.6% | 66.6% | 225.2% |
| Current ratio | 1.85x | 1.84x | 1.98x | 1.71x | 1.20x | 0.87x |
| Debt to equity | 0.11x | 0.05x | 0.06x | 0.40x | 0.22x | 0.79x |
| Equity ratio | 55.7% | 60.9% | 64.2% | 54.2% | 41.8% | 26.0% |
| Interest coverage | 144.54x | 114.25x | 27.06x | 3.06x | 17.64x | 7.90x |
| R&D as a share of sales | 2.4% | 2.6% | 3.0% | 4.1% | 2.9% | 2.3% |
| Buybacks as a share of market value | -0.0% | -0.0% | -9.9% | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 58.7% | 25.9% | — |
| Operating income | 170.9% | 31.2% | — |
| Net income | 105.9% | 44.6% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 75.9% | 73.7% | 71.8% | — |
| Operating margin | 11.1% | 10.0% | 10.0% | — |
| Net margin | 11.8% | 11.0% | 10.3% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Price to earnings | 19.6 | 15.3 | 19.4 | 72.5 |
| Price to sales | 2.4 | 1.8 | 2.1 | 4.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 3 years. Last went ex-dividend on 12 May 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Paid in the year | 0.857 | 1.354 | 1.652 | 0.493 |
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.