W 
1.84
-1.60%
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¥11.20bn
FY2016FY2025
Net income
CN¥1.02bn
FY2016FY2025
Free cash flow
−CN¥2.06bn
FY2016FY2025
Shareholders' equity
CN¥14.75bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥11.20bn | CN¥9.72bn | CN¥10.51bn | CN¥9.89bn | CN¥9.32bn | CN¥8.30bn | CN¥8.44bn | CN¥6.88bn | CN¥5.54bn | CN¥4.33bn |
| Gross profit | CN¥2.89bn | CN¥2.30bn | CN¥2.86bn | CN¥2.54bn | CN¥2.77bn | CN¥2.73bn | CN¥2.84bn | CN¥2.31bn | CN¥1.38bn | CN¥788.0m |
| Research and development | CN¥233.1m | CN¥331.3m | CN¥390.5m | CN¥442.9m | CN¥398.2m | CN¥427.1m | CN¥354.9m | — | — | — |
| Operating income | CN¥1.68bn | CN¥1.32bn | CN¥1.47bn | CN¥1.51bn | CN¥1.66bn | CN¥1.61bn | CN¥2.94bn | CN¥2.30bn | CN¥1.43bn | CN¥454.0m |
| Net income | CN¥1.02bn | CN¥729.2m | CN¥490.6m | CN¥1.41bn | CN¥1.85bn | CN¥1.82bn | CN¥2.10bn | CN¥1.35bn | CN¥827.8m | CN¥12.0m |
| Diluted earnings per share | 0.19 | 0.13 | 0.09 | 0.26 | 0.34 | 0.33 | 0.39 | 0.25 | 0.15 | 0.00 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥41.05bn | CN¥42.26bn | CN¥38.32bn | CN¥35.22bn | CN¥31.03bn | CN¥22.02bn | CN¥16.98bn | CN¥14.43bn | CN¥13.59bn | CN¥13.02bn |
| Cash and short-term investments | CN¥1.73bn | CN¥1.35bn | CN¥1.07bn | CN¥1.66bn | CN¥4.18bn | CN¥875.1m | CN¥1.01bn | CN¥1.03bn | CN¥1.60bn | CN¥1.47bn |
| Total liabilities | CN¥24.84bn | CN¥26.17bn | CN¥21.82bn | CN¥19.62bn | CN¥17.30bn | CN¥9.76bn | CN¥6.24bn | CN¥5.58bn | CN¥5.87bn | CN¥6.14bn |
| Debt | CN¥13.92bn | CN¥13.46bn | CN¥12.43bn | CN¥9.53bn | CN¥9.13bn | CN¥3.71bn | CN¥2.84bn | CN¥3.05bn | CN¥3.74bn | CN¥4.01bn |
| Shareholders' equity | CN¥14.75bn | CN¥14.29bn | CN¥14.30bn | CN¥14.01bn | CN¥13.18bn | CN¥12.03bn | CN¥10.54bn | CN¥8.76bn | CN¥7.66bn | CN¥6.83bn |
| Shares outstanding | 5,463m | 5,455m | 5,439m | 5,439m | 5,446m | 5,446m | 5,442m | 5,442m | 5,430m | 5,433m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥1.27bn | CN¥2.38bn | CN¥3.14bn | CN¥2.49bn | CN¥2.28bn | CN¥3.12bn | CN¥3.04bn | CN¥2.91bn | CN¥2.06bn | CN¥1.53bn |
| Capital spending | −CN¥3.33bn | −CN¥2.58bn | −CN¥3.41bn | −CN¥3.45bn | −CN¥4.42bn | −CN¥3.43bn | −CN¥2.06bn | −CN¥981.8m | −CN¥605.1m | −CN¥442.1m |
| Free cash flow | −CN¥2.06bn | −CN¥200.5m | −CN¥260.9m | −CN¥962.8m | −CN¥2.14bn | −CN¥302.5m | CN¥982.6m | CN¥1.93bn | CN¥1.46bn | CN¥1.09bn |
| Dividends paid | −CN¥210.3m | −CN¥146.1m | −CN¥424.4m | −CN¥551.0m | −CN¥765.4m | −CN¥394.2m | −CN¥318.9m | −CN¥249.6m | −CN¥249.6m | −CN¥249.6m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥5.20bn | CN¥4.89bn | CN¥6.31bn | CN¥5.41bn | CN¥4.31bn | CN¥5.38bn | CN¥5.12bn | CN¥5.05bn |
| Gross profit | CN¥1.61bn | CN¥969.5m | CN¥1.92bn | CN¥1.17bn | CN¥1.14bn | CN¥1.44bn | CN¥1.42bn | CN¥943.5m |
| Operating income | CN¥958.4m | CN¥316.4m | CN¥1.36bn | CN¥645.8m | CN¥654.6m | CN¥457.5m | CN¥884.4m | CN¥509.7m |
| Net income | CN¥435.0m | CN¥152.9m | CN¥871.4m | CN¥278.7m | CN¥450.5m | −CN¥129.1m | CN¥619.7m | CN¥648.2m |
| Diluted earnings per share | 0.08 | 0.03 | 0.16 | 0.05 | 0.08 | -0.02 | 0.11 | 0.12 |
| Cash from operations | — | CN¥860.0m | CN¥701.0m | CN¥799.0m | CN¥1.58bn | CN¥1.84bn | CN¥1.30bn | CN¥1.35bn |
| Capital spending | — | −CN¥1.85bn | −CN¥1.57bn | −CN¥795.0m | −CN¥1.59bn | −CN¥1.92bn | −CN¥1.42bn | −CN¥1.85bn |
| Free cash flow | — | −CN¥989.0m | −CN¥868.0m | CN¥4.0m | −CN¥16.0m | −CN¥72.0m | −CN¥119.0m | −CN¥503.0m |
| Total assets | CN¥42.15bn | CN¥41.05bn | CN¥41.67bn | CN¥42.26bn | CN¥41.87bn | CN¥38.32bn | CN¥36.41bn | CN¥35.22bn |
| Cash and short-term investments | CN¥3.01bn | CN¥1.73bn | CN¥995.1m | CN¥1.35bn | CN¥1.18bn | CN¥1.07bn | CN¥1.46bn | CN¥1.66bn |
| Debt | CN¥5.33bn | CN¥13.92bn | CN¥13.63bn | CN¥13.46bn | CN¥13.69bn | CN¥12.43bn | CN¥11.54bn | CN¥11.10bn |
| Shareholders' equity | CN¥14.52bn | CN¥14.75bn | CN¥14.81bn | CN¥14.29bn | CN¥14.81bn | CN¥14.30bn | CN¥14.07bn | CN¥14.01bn |
Financial ratios
Data as of 1 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 25.8% | 23.7% | 27.3% | 25.7% | 29.7% | 32.8% |
| Operating margin | 15.0% | 13.5% | 14.0% | 15.3% | 17.8% | 19.3% |
| Net margin | 9.1% | 7.5% | 4.7% | 14.3% | 19.8% | 21.9% |
| Return on equity | 6.9% | 5.1% | 3.4% | 10.1% | 14.0% | 15.1% |
| Return on assets | 2.5% | 1.7% | 1.3% | 4.0% | 5.9% | 8.3% |
| Free cash flow yield | 38.9% | 42.0% | 55.6% | 50.4% | 56.8% | 55.5% |
| Revenue growth | 15.3% | -7.5% | 6.3% | 6.1% | 12.2% | -1.6% |
| Earnings growth | 40.5% | 48.6% | -65.3% | -23.4% | 1.6% | -13.4% |
| Current ratio | 0.64x | 0.72x | 0.80x | 0.72x | 1.14x | 1.05x |
| Debt to equity | 0.94x | 0.94x | 0.87x | 0.79x | 0.81x | 0.36x |
| Equity ratio | 35.9% | 33.8% | 37.3% | 39.8% | 42.5% | 54.6% |
| Interest coverage | 2.48x | 3.83x | 4.10x | 3.12x | 5.46x | 8.35x |
| R&D as a share of sales | 2.1% | 3.4% | 3.7% | 4.5% | 4.3% | 5.1% |
| Buybacks as a share of market value | -0.1% | -0.3% | 0.0% | 0.1% | 0.0% | -0.1% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 4.3% | 6.2% | 10.6% |
| Operating income | 3.5% | 0.8% | 29.2% |
| Net income | -10.2% | -10.8% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 24.8% | 25.6% | 27.3% | 27.2% |
| Operating margin | 14.3% | 14.5% | 15.7% | 18.7% |
| Net margin | 8.4% | 8.9% | 12.4% | 12.8% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 14.3 | 10.2 | 6.5 | 3.1 | 3.5 | 3.0 | 2.9 | 3.7 | 6.6 | 340.5 |
| Price to sales | 1.3 | 0.8 | 0.3 | 0.4 | 0.7 | 0.7 | 0.7 | 0.7 | 1.0 | 0.9 |
Dividends and splits
Per share, in the currency the company pays
Paid for 8 years. Last went ex-dividend on 3 Jun 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.048 | 0.037 | 0.025 | 0.074 | 0.10 | 0.104 | 0.069 | 0.056 |
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.