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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¥770.0m
FY2019FY2025
Net income
CN¥179.7m
FY2019FY2025
Free cash flow
CN¥154.4m
FY2019FY2025
Shareholders' equity
CN¥1.80bn
FY2019FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | CN¥770.0m | CN¥647.6m | CN¥565.8m | CN¥465.3m | CN¥382.8m | CN¥221.9m | CN¥183.7m |
| Gross profit | CN¥565.7m | CN¥472.6m | CN¥435.1m | CN¥334.1m | CN¥298.4m | CN¥164.8m | CN¥146.5m |
| Research and development | CN¥75.9m | CN¥82.0m | CN¥140.4m | CN¥104.8m | CN¥94.1m | CN¥57.8m | CN¥38.2m |
| Operating income | CN¥265.0m | CN¥277.8m | CN¥186.9m | CN¥103.5m | CN¥84.7m | CN¥55.9m | CN¥54.1m |
| Net income | CN¥179.7m | CN¥216.1m | CN¥123.7m | −CN¥18.5m | CN¥24.2m | CN¥45.3m | CN¥47.0m |
| Diluted earnings per share | 0.31 | 0.37 | 0.21 | -0.03 | 0.04 | 0.08 | 0.08 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Total assets | CN¥2.11bn | CN¥2.04bn | CN¥1.96bn | CN¥1.82bn | CN¥1.34bn | CN¥785.6m | CN¥334.7m |
| Cash and short-term investments | CN¥1.02bn | CN¥1.06bn | CN¥1.00bn | CN¥1.13bn | CN¥593.3m | CN¥440.4m | CN¥22.2m |
| Total liabilities | CN¥315.0m | CN¥335.7m | CN¥322.4m | CN¥331.3m | CN¥1.52bn | CN¥412.7m | CN¥166.6m |
| Debt | CN¥15.9m | CN¥37.1m | CN¥61.4m | CN¥85.2m | CN¥109.7m | CN¥331.1m | CN¥49.6m |
| Shareholders' equity | CN¥1.80bn | CN¥1.71bn | CN¥1.64bn | CN¥1.47bn | −CN¥174.9m | CN¥372.9m | CN¥168.2m |
| Shares outstanding | 572m | 577m | 583m | 583m | 572m | 572m | 572m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥202.0m | CN¥241.8m | CN¥153.8m | CN¥223.8m | CN¥157.4m | CN¥47.2m | CN¥56.6m |
| Capital spending | −CN¥47.7m | −CN¥7.5m | −CN¥202.6m | −CN¥47.9m | −CN¥58.0m | −CN¥34.1m | −CN¥50.1m |
| Free cash flow | CN¥154.4m | CN¥234.2m | −CN¥48.8m | CN¥175.9m | CN¥99.4m | CN¥13.1m | CN¥6.6m |
| Dividends paid | −CN¥84.0m | −CN¥76.7m | — | — | −CN¥344.0m | — | — |
Latest quarters
By quarter end
| Dec 2025 | Jun 2025 | Dec 2024 | Sept 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sept 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥400.8m | CN¥382.9m | CN¥300.5m | CN¥176.8m | CN¥347.4m | CN¥204.3m | CN¥310.7m | CN¥182.7m |
| Gross profit | CN¥294.7m | CN¥281.0m | CN¥221.8m | CN¥130.5m | CN¥251.0m | CN¥147.7m | CN¥236.7m | CN¥139.2m |
| Operating income | CN¥137.1m | CN¥158.1m | CN¥122.7m | CN¥72.2m | CN¥155.3m | CN¥91.3m | CN¥116.7m | CN¥68.6m |
| Net income | CN¥90.1m | CN¥92.9m | CN¥94.1m | CN¥55.3m | CN¥122.1m | CN¥71.8m | CN¥69.1m | CN¥40.6m |
| Diluted earnings per share | 0.16 | 0.16 | 0.16 | 0.10 | 0.21 | 0.12 | 0.12 | 0.07 |
| Cash from operations | CN¥201.0m | −CN¥2.0m | CN¥158.0m | — | CN¥83.0m | CN¥49.0m | CN¥121.0m | CN¥60.0m |
| Capital spending | −CN¥18.0m | — | −CN¥3.0m | — | −CN¥3.0m | −CN¥2.0m | −CN¥4.0m | −CN¥2.0m |
| Free cash flow | CN¥183.0m | — | CN¥155.0m | — | CN¥80.0m | CN¥47.0m | CN¥117.0m | CN¥58.0m |
| Total assets | CN¥2.11bn | CN¥2.08bn | CN¥1.74bn | CN¥2.04bn | CN¥1.77bn | CN¥2.08bn | CN¥1.96bn | CN¥1.96bn |
| Cash and short-term investments | CN¥1.02bn | CN¥1.01bn | CN¥896.9m | CN¥1.01bn | CN¥847.5m | CN¥1.13bn | CN¥1.08bn | CN¥1.10bn |
| Debt | CN¥15.9m | CN¥24.7m | CN¥31.6m | CN¥22.4m | CN¥42.1m | CN¥23.0m | CN¥23.8m | CN¥23.8m |
| Shareholders' equity | CN¥1.80bn | CN¥1.73bn | CN¥1.45bn | CN¥1.71bn | CN¥1.45bn | CN¥1.71bn | CN¥1.64bn | CN¥1.64bn |
Financial ratios
Data as of 13 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 73.5% | 73.0% | 76.9% | 71.8% | 77.9% | 74.3% |
| Operating margin | 34.4% | 39.4% | 24.9% | 24.3% | 20.1% | 25.1% |
| Net margin | 23.3% | 33.4% | 21.9% | -4.0% | 6.3% | 20.4% |
| Return on equity | 10.0% | 14.9% | 8.9% | -1.5% | -13.8% | 12.1% |
| Return on assets | 8.5% | 12.4% | 7.4% | -1.2% | 1.8% | 5.8% |
| Free cash flow yield | 5.4% | 6.3% | 7.6% | 5.8% | — | — |
| Revenue growth | 1.1% | 14.4% | 21.6% | 43.0% | 72.5% | 20.8% |
| Earnings growth | -29.3% | 74.6% | -768.7% | -190.0% | -46.6% | -3.6% |
| Current ratio | 6.01x | 5.24x | 5.35x | 5.27x | 4.50x | 5.70x |
| Debt to equity | 0.01x | 0.01x | 0.01x | 0.02x | -0.16x | 0.87x |
| Equity ratio | 85.3% | 83.7% | 83.4% | 81.1% | -13.1% | 47.5% |
| Interest coverage | 170.33x | 84.92x | 47.84x | 1.34x | 1.71x | 12.76x |
| R&D as a share of sales | 9.9% | 12.7% | 24.8% | 22.5% | 24.6% | 26.0% |
| Buybacks as a share of market value | 0.8% | 1.0% | 0.0% | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 18.3% | 28.3% | — |
| Operating income | 36.8% | 36.5% | — |
| Net income | — | 31.7% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 73.2% | 73.8% | 74.4% | — |
| Operating margin | 38.3% | 34.0% | 31.9% | — |
| Net margin | 27.9% | 20.5% | 18.7% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Price to earnings | 30.5 | 20.2 | 50.7 | -635.8 |
| Price to sales | 7.1 | 6.8 | 11.1 | 25.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 2 years. Last went ex-dividend on 2 Jul 2026.
| FY2026 | FY2025 | FY2024 | |
|---|---|---|---|
| Paid in the year | 0.09 | 0.16 | 0.19 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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