0.49
+1.04%
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¥601.4m
FY2018FY2025
Net income
CN¥2.9m
FY2018FY2025
Free cash flow
CN¥246.2m
FY2018FY2025
Shareholders' equity
CN¥1.16bn
FY2018FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥601.4m | CN¥608.9m | CN¥762.6m | CN¥3.76bn | CN¥1.70bn | CN¥1.20bn | CN¥677.0m | CN¥530.1m |
| Gross profit | CN¥182.8m | CN¥180.5m | CN¥278.7m | CN¥1.47bn | CN¥1.07bn | CN¥726.1m | CN¥289.3m | CN¥204.8m |
| Research and development | CN¥51.9m | CN¥49.1m | CN¥52.3m | CN¥94.7m | CN¥43.9m | CN¥37.5m | CN¥36.4m | CN¥34.0m |
| Operating income | CN¥90.2m | −CN¥634.6m | −CN¥45.0m | CN¥458.6m | CN¥457.7m | CN¥341.5m | CN¥3.1m | −CN¥45.7m |
| Net income | CN¥2.9m | −CN¥677.2m | −CN¥87.5m | CN¥377.3m | CN¥380.9m | CN¥255.3m | −CN¥30.9m | −CN¥43.9m |
| Diluted earnings per share | 0.00 | -1.15 | -0.15 | 0.61 | 0.65 | 0.44 | -0.05 | -0.08 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥2.74bn | CN¥3.23bn | CN¥4.53bn | CN¥5.51bn | CN¥3.00bn | CN¥2.32bn | CN¥1.42bn | CN¥1.08bn |
| Cash and short-term investments | CN¥1.77bn | CN¥1.73bn | CN¥1.87bn | CN¥1.43bn | CN¥800.7m | CN¥485.8m | CN¥105.4m | CN¥342.5m |
| Total liabilities | CN¥1.57bn | CN¥2.08bn | CN¥2.41bn | CN¥2.66bn | CN¥1.23bn | CN¥1.06bn | CN¥529.1m | CN¥385.8m |
| Debt | CN¥692.6m | CN¥1.07bn | CN¥1.39bn | CN¥786.1m | CN¥362.0m | CN¥497.2m | CN¥233.1m | CN¥181.1m |
| Shareholders' equity | CN¥1.16bn | CN¥1.14bn | CN¥2.33bn | CN¥2.84bn | CN¥1.45bn | CN¥1.24bn | CN¥867.7m | CN¥681.2m |
| Shares outstanding | 585m | 591m | 603m | 622m | 585m | 585m | 585m | 585m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥301.6m | CN¥221.4m | CN¥333.8m | CN¥137.4m | CN¥369.5m | CN¥203.1m | −CN¥8.1m | CN¥55.2m |
| Capital spending | −CN¥55.4m | −CN¥26.1m | −CN¥62.2m | −CN¥369.4m | −CN¥272.2m | −CN¥307.7m | −CN¥162.1m | −CN¥260.3m |
| Free cash flow | CN¥246.2m | CN¥195.4m | CN¥271.6m | −CN¥232.0m | CN¥97.3m | −CN¥104.7m | −CN¥170.2m | −CN¥205.1m |
| Dividends paid | — | −CN¥9.4m | −CN¥121.9m | −CN¥48.1m | — | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥126.4m | CN¥126.4m | CN¥144.1m | CN¥144.1m | CN¥156.6m | CN¥156.6m | CN¥142.0m | CN¥166.0m |
| Gross profit | CN¥39.1m | CN¥39.1m | CN¥38.2m | CN¥38.2m | CN¥53.2m | CN¥53.2m | CN¥35.4m | CN¥41.4m |
| Operating income | CN¥6.4m | CN¥6.4m | CN¥36.6m | CN¥36.6m | −CN¥20.1m | −CN¥20.1m | −CN¥275.7m | −CN¥322.3m |
| Net income | CN¥1.2m | CN¥1.2m | CN¥29.1m | CN¥29.1m | −CN¥27.7m | −CN¥27.7m | −CN¥284.6m | −CN¥332.8m |
| Diluted earnings per share | 0.00 | 0.00 | 0.05 | 0.05 | -0.05 | -0.05 | -0.48 | -0.56 |
| Cash from operations | — | — | — | — | CN¥8.0m | — | CN¥85.0m | CN¥85.0m |
| Capital spending | — | — | — | — | −CN¥26.0m | — | −CN¥4.0m | −CN¥4.0m |
| Free cash flow | — | — | — | — | −CN¥18.0m | — | CN¥81.0m | CN¥81.0m |
| Total assets | CN¥2.69bn | CN¥2.69bn | CN¥2.73bn | CN¥2.73bn | CN¥3.06bn | CN¥3.06bn | CN¥2.76bn | CN¥3.23bn |
| Cash and short-term investments | CN¥1.64bn | CN¥1.64bn | CN¥1.70bn | CN¥1.70bn | CN¥1.69bn | CN¥1.69bn | CN¥1.48bn | CN¥1.73bn |
| Debt | CN¥422.2m | CN¥422.2m | CN¥692.3m | CN¥518.4m | CN¥1.02bn | CN¥771.4m | CN¥917.8m | CN¥911.5m |
| Shareholders' equity | CN¥1.16bn | CN¥1.16bn | CN¥1.16bn | CN¥1.16bn | CN¥1.10bn | CN¥1.10bn | CN¥978.2m | CN¥1.14bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -45.7% | -12.9% | — |
| Operating income | -41.9% | -23.4% | — |
| Net income | -80.2% | -59.1% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 30.0% | 36.8% | 45.2% | — |
| Operating margin | -45.0% | -2.3% | 7.7% | — |
| Net margin | -55.7% | -6.7% | 2.9% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Price to earnings | 173.5 | -6.7 | -73.4 | 23.0 |
| Price to sales | 0.8 | 7.4 | 8.4 | 2.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 4 Jul 2024.
| FY2024 | FY2023 | FY2022 | |
|---|---|---|---|
| Paid in the year | 0.02 | 0.002 | 0.088 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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