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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¥106.0m
FY2019FY2025
Net income
−CN¥4.1m
FY2019FY2025
Free cash flow
CN¥36.7m
FY2019FY2025
Shareholders' equity
CN¥206.7m
FY2019FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | CN¥106.0m | CN¥95.8m | CN¥163.3m | CN¥247.2m | CN¥316.8m | CN¥272.3m | CN¥267.6m |
| Gross profit | CN¥11.5m | CN¥2.8m | CN¥15.1m | CN¥51.7m | CN¥70.0m | CN¥60.0m | CN¥56.2m |
| Research and development | CN¥4.7m | CN¥4.2m | — | CN¥10.3m | CN¥11.2m | CN¥8.9m | CN¥9.2m |
| Operating income | −CN¥10.7m | −CN¥10.3m | −CN¥4.2m | CN¥24.0m | CN¥35.9m | CN¥42.2m | CN¥34.4m |
| Net income | −CN¥4.1m | −CN¥8.1m | −CN¥2.2m | CN¥21.3m | CN¥30.5m | CN¥36.1m | CN¥29.3m |
| Diluted earnings per share | -0.01 | -0.01 | -0.00 | 0.03 | 0.05 | 0.05 | 0.04 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Total assets | CN¥251.3m | CN¥223.9m | CN¥312.3m | CN¥322.8m | CN¥293.7m | CN¥280.2m | CN¥252.1m |
| Cash and short-term investments | CN¥93.6m | CN¥45.5m | CN¥81.4m | CN¥110.3m | CN¥58.6m | CN¥32.1m | CN¥22.7m |
| Total liabilities | CN¥44.5m | CN¥43.6m | CN¥124.0m | CN¥100.0m | CN¥192.7m | CN¥191.9m | CN¥166.1m |
| Debt | CN¥8.6m | CN¥1.7m | CN¥25.7m | CN¥25.8m | CN¥10.1m | CN¥18.4m | CN¥21.0m |
| Shareholders' equity | CN¥206.7m | CN¥180.2m | CN¥188.4m | CN¥222.8m | CN¥101.0m | CN¥88.3m | CN¥86.0m |
| Shares outstanding | 800m | 800m | 800m | 801m | 600m | 800m | 800m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥39.6m | −CN¥8.6m | −CN¥19.2m | CN¥8.7m | CN¥28.6m | CN¥60.5m | CN¥20.9m |
| Capital spending | −CN¥2.9m | −CN¥3.1m | −CN¥19.2m | −CN¥586,787 | −CN¥1.3m | −CN¥474,733 | −CN¥2.2m |
| Free cash flow | CN¥36.7m | −CN¥11.8m | −CN¥38.4m | CN¥8.1m | CN¥27.4m | CN¥60.1m | CN¥18.7m |
| Dividends paid | — | — | — | −CN¥32.4m | −CN¥74.7m | −CN¥47.3m | −CN¥28.9m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sept 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥64.7m | CN¥60.2m | CN¥45.8m | CN¥47.0m | CN¥48.8m | CN¥28.5m | CN¥108.9m | CN¥63.7m |
| Gross profit | CN¥2.0m | CN¥4.7m | CN¥6.7m | −CN¥1.5m | CN¥4.3m | CN¥2.5m | CN¥10.6m | CN¥6.2m |
| Operating income | CN¥721,895 | −CN¥11.9m | CN¥1.1m | −CN¥7.5m | −CN¥2.8m | −CN¥1.6m | −CN¥207,856 | −CN¥121,500 |
| Net income | −CN¥14.2m | −CN¥5.1m | CN¥1.0m | −CN¥6.2m | −CN¥1.9m | −CN¥1.1m | CN¥1.1m | CN¥652,000 |
| Diluted earnings per share | -0.02 | -0.01 | 0.00 | -0.01 | -0.00 | -0.00 | 0.00 | 0.00 |
| Cash from operations | — | CN¥15.0m | CN¥27.0m | CN¥5.0m | −CN¥16.0m | −CN¥8.0m | −CN¥13.0m | −CN¥7.0m |
| Capital spending | — | — | −CN¥2.0m | −CN¥2.0m | −CN¥1.0m | — | −CN¥18.0m | −CN¥10.0m |
| Free cash flow | — | — | CN¥25.0m | CN¥3.0m | −CN¥17.0m | — | −CN¥31.0m | −CN¥17.0m |
| Total assets | CN¥256.9m | CN¥251.3m | CN¥258.7m | CN¥223.9m | CN¥264.9m | CN¥309.6m | CN¥312.3m | CN¥365.1m |
| Cash and short-term investments | CN¥114.8m | CN¥93.6m | CN¥74.5m | CN¥45.5m | CN¥57.5m | CN¥67.2m | CN¥81.4m | CN¥95.1m |
| Debt | CN¥26.9m | CN¥8.6m | CN¥10,000 | CN¥1.7m | CN¥16.9m | CN¥19.8m | CN¥25.7m | CN¥30.0m |
| Shareholders' equity | CN¥192.2m | CN¥206.7m | CN¥211.7m | CN¥180.2m | CN¥186.4m | CN¥217.9m | CN¥188.4m | CN¥220.2m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -24.6% | -17.2% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 7.1% | 13.2% | 17.6% | — |
| Operating margin | -10.4% | -0.2% | 6.4% | — |
| Net margin | -6.1% | 1.1% | 6.1% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Price to earnings | -47.3 | -20.5 | -99.6 | 13.6 |
| Price to sales | 1.8 | 1.7 | 1.3 | 1.2 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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