A 
3.07
+0.33%
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¥104.18bn
FY2016FY2025
Net income
CN¥2.06bn
FY2016FY2025
Free cash flow
−CN¥14.10bn
FY2016FY2025
Shareholders' equity
CN¥40.80bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥104.18bn | CN¥86.97bn | CN¥98.69bn | CN¥91.74bn | CN¥70.23bn | CN¥59.32bn | CN¥51.06bn | CN¥41.65bn | CN¥37.97bn | CN¥42.90bn |
| Gross profit | CN¥19.75bn | CN¥18.37bn | CN¥24.26bn | CN¥21.34bn | CN¥14.33bn | CN¥11.72bn | CN¥11.22bn | CN¥9.08bn | CN¥8.67bn | CN¥8.20bn |
| Research and development | CN¥7.17bn | CN¥6.66bn | CN¥8.82bn | CN¥6.98bn | CN¥4.02bn | CN¥3.50bn | CN¥4.78bn | CN¥2.97bn | CN¥2.64bn | CN¥2.62bn |
| Operating income | CN¥6.25bn | CN¥6.04bn | CN¥8.14bn | CN¥7.89bn | CN¥6.25bn | CN¥4.98bn | CN¥3.51bn | CN¥3.38bn | CN¥3.07bn | CN¥3.10bn |
| Net income | CN¥2.06bn | CN¥2.19bn | CN¥2.85bn | CN¥2.70bn | CN¥2.76bn | CN¥2.25bn | CN¥1.57bn | CN¥1.50bn | CN¥1.42bn | CN¥1.30bn |
| Diluted earnings per share | 0.26 | 0.27 | 0.36 | 0.35 | 0.36 | 0.29 | 0.25 | 0.24 | 0.24 | 0.22 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥240.76bn | CN¥235.34bn | CN¥215.51bn | CN¥208.64bn | CN¥155.96bn | CN¥134.71bn | CN¥105.70bn | CN¥101.01bn | CN¥91.94bn | CN¥80.96bn |
| Cash and short-term investments | CN¥38.20bn | CN¥51.99bn | CN¥47.12bn | CN¥49.30bn | CN¥29.10bn | CN¥29.37bn | CN¥17.56bn | CN¥16.07bn | CN¥14.44bn | CN¥11.22bn |
| Total liabilities | CN¥124.95bn | CN¥122.77bn | CN¥112.94bn | CN¥120.68bn | CN¥92.16bn | CN¥80.95bn | CN¥60.80bn | CN¥60.28bn | CN¥55.65bn | CN¥47.96bn |
| Debt | CN¥39.06bn | CN¥27.53bn | CN¥23.08bn | CN¥22.72bn | CN¥19.53bn | CN¥17.14bn | CN¥21.15bn | CN¥20.87bn | CN¥18.46bn | CN¥16.07bn |
| Shareholders' equity | CN¥40.80bn | CN¥39.78bn | CN¥36.78bn | CN¥32.76bn | CN¥31.34bn | CN¥26.76bn | CN¥21.53bn | CN¥20.20bn | CN¥17.13bn | CN¥16.08bn |
| Shares outstanding | 7,986m | 7,996m | 7,983m | 7,716m | 7,748m | 7,711m | 6,245m | 6,245m | 5,979m | 5,966m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −CN¥8.85bn | CN¥2.53bn | −CN¥4.76bn | CN¥12.06bn | CN¥2.61bn | CN¥1.00bn | CN¥6.26bn | CN¥641.6m | CN¥1.85bn | −CN¥1.08bn |
| Capital spending | −CN¥5.24bn | −CN¥4.99bn | −CN¥5.51bn | −CN¥3.71bn | −CN¥3.33bn | −CN¥2.78bn | −CN¥2.69bn | −CN¥2.06bn | −CN¥2.24bn | −CN¥1.54bn |
| Free cash flow | −CN¥14.10bn | −CN¥2.46bn | −CN¥10.27bn | CN¥8.36bn | −CN¥714.3m | −CN¥1.78bn | CN¥3.57bn | −CN¥1.42bn | −CN¥386.7m | −CN¥2.62bn |
| Dividends paid | −CN¥732.8m | −CN¥2.97bn | −CN¥1.14bn | −CN¥1.25bn | −CN¥1.94bn | −CN¥934.2m | −CN¥218.2m | −CN¥208.5m | −CN¥139.0m | −CN¥127.5m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥43.44bn | CN¥60.54bn | CN¥43.64bn | CN¥53.35bn | CN¥33.62bn | CN¥43.85bn | CN¥47.61bn | CN¥52.70bn |
| Gross profit | CN¥8.18bn | CN¥11.10bn | CN¥8.65bn | CN¥10.32bn | CN¥8.05bn | CN¥11.26bn | CN¥11.14bn | CN¥12.15bn |
| Operating income | CN¥2.78bn | CN¥2.63bn | CN¥3.62bn | CN¥2.33bn | CN¥3.71bn | CN¥2.71bn | CN¥4.47bn | CN¥3.04bn |
| Net income | CN¥945.3m | CN¥855.8m | CN¥1.20bn | CN¥936.1m | CN¥1.25bn | CN¥904.2m | CN¥1.80bn | CN¥1.29bn |
| Diluted earnings per share | 0.12 | 0.11 | 0.15 | 0.12 | 0.16 | 0.11 | 0.23 | 0.17 |
| Cash from operations | — | −CN¥943.0m | −CN¥8.41bn | CN¥12.38bn | −CN¥10.21bn | CN¥12.99bn | −CN¥17.75bn | CN¥24.36bn |
| Capital spending | — | −CN¥3.06bn | −CN¥2.31bn | −CN¥2.45bn | −CN¥1.83bn | −CN¥3.18bn | −CN¥2.33bn | −CN¥3.30bn |
| Free cash flow | — | −CN¥4.00bn | −CN¥10.72bn | CN¥9.92bn | −CN¥12.03bn | CN¥9.82bn | −CN¥20.08bn | CN¥21.06bn |
| Total assets | CN¥239.55bn | CN¥240.76bn | CN¥232.42bn | CN¥202.04bn | CN¥185.63bn | CN¥215.51bn | CN¥207.67bn | CN¥167.74bn |
| Cash and short-term investments | CN¥38.80bn | CN¥38.20bn | CN¥40.39bn | CN¥44.63bn | CN¥30.32bn | CN¥47.12bn | CN¥37.91bn | CN¥41.84bn |
| Debt | CN¥27.55bn | CN¥39.06bn | CN¥22.41bn | CN¥18.33bn | CN¥17.23bn | CN¥29.39bn | CN¥24.03bn | CN¥32.55bn |
| Shareholders' equity | CN¥40.94bn | CN¥40.80bn | CN¥40.00bn | CN¥34.15bn | CN¥32.19bn | CN¥36.78bn | CN¥35.98bn | CN¥32.76bn |
Financial ratios
Data as of 22 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 19.0% | 21.1% | 24.6% | 23.3% | 20.4% | 19.8% |
| Operating margin | 6.0% | 6.9% | 8.2% | 8.6% | 8.9% | 8.4% |
| Net margin | 2.0% | 2.5% | 2.9% | 2.9% | 3.9% | 3.8% |
| Return on equity | 5.0% | 6.4% | 7.8% | 8.3% | 8.8% | 8.4% |
| Return on assets | 0.9% | 1.1% | 1.3% | 1.3% | 1.8% | 1.7% |
| Free cash flow yield | -13.0% | 27.1% | 2.7% | 58.9% | 22.1% | 14.1% |
| Revenue growth | 2.8% | 2.7% | 7.6% | 30.6% | 18.4% | 16.2% |
| Earnings growth | -19.3% | -10.6% | 5.5% | -2.1% | 22.6% | 43.5% |
| Current ratio | 1.65x | 1.66x | 1.69x | 1.47x | 1.51x | 1.50x |
| Debt to equity | 0.96x | 0.53x | 0.81x | 0.49x | 0.76x | 0.88x |
| Equity ratio | 16.9% | 16.9% | 17.1% | 15.7% | 20.1% | 19.9% |
| Interest coverage | 12.21x | 13.48x | 16.99x | 12.80x | 13.50x | 8.26x |
| R&D as a share of sales | 6.9% | 7.7% | 8.9% | 7.6% | 5.7% | 5.9% |
| Buybacks as a share of market value | 0.1% | -0.2% | -3.5% | 0.4% | -0.5% | -23.5% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 4.3% | 11.9% | 10.0% |
| Operating income | -7.5% | 4.7% | 7.9% |
| Net income | -8.7% | -1.8% | 7.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 19.9% | 21.9% | 21.5% | 21.3% |
| Operating margin | 6.4% | 7.4% | 7.7% | 7.7% |
| Net margin | 2.2% | 2.6% | 2.9% | 3.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 13.6 | 12.4 | 8.3 | 8.8 | 13.3 | 16.3 | 12.3 | 18.0 | 15.4 | 21.5 |
| Price to sales | 0.3 | 0.3 | 0.2 | 0.3 | 0.5 | 0.6 | 0.4 | 0.7 | 0.6 | 0.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 15 years. Last went ex-dividend on 21 May 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.066 | 0.081 | 0.097 | 0.09 | 0.094 | 0.06 | 0.033 | 0.034 |
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.