A 
3.05
-1.61%
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¥30.60bn
FY2016FY2025
Net income
CN¥1.43bn
FY2016FY2025
Free cash flow
CN¥1.38bn
FY2016FY2025
Shareholders' equity
CN¥16.31bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥30.60bn | CN¥27.03bn | CN¥26.76bn | CN¥20.58bn | CN¥15.52bn | CN¥9.60bn | CN¥5.10bn | CN¥2.44bn | CN¥475.1m | CN¥56.6m |
| Research and development | CN¥720.1m | CN¥705.4m | CN¥677.8m | CN¥728.8m | CN¥423.6m | CN¥252.8m | CN¥219.0m | CN¥126.2m | CN¥108.6m | — |
| Operating income | CN¥1.60bn | CN¥725.3m | CN¥31.0m | −CN¥998.6m | CN¥50.1m | −CN¥27.8m | −CN¥95.0m | −CN¥134.4m | −CN¥202.1m | −CN¥216.0m |
| Net income | CN¥1.43bn | CN¥883.5m | CN¥535.7m | −CN¥265.6m | CN¥348.6m | −CN¥6.6m | −CN¥81.9m | −CN¥107.0m | −CN¥207.6m | −CN¥191.6m |
| Diluted earnings per share | 0.09 | 0.06 | 0.04 | -0.02 | 0.03 | -0.00 | -0.01 | -0.01 | -0.03 | -0.02 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥21.18bn | CN¥19.71bn | CN¥20.75bn | CN¥19.20bn | CN¥17.74bn | CN¥7.87bn | CN¥5.98bn | CN¥3.11bn | CN¥1.68bn | CN¥1.35bn |
| Cash and short-term investments | CN¥8.10bn | CN¥9.55bn | CN¥10.92bn | CN¥10.55bn | CN¥11.64bn | CN¥3.00bn | CN¥2.02bn | CN¥1.40bn | CN¥580.2m | CN¥1.02bn |
| Total liabilities | CN¥4.87bn | CN¥5.16bn | CN¥5.57bn | CN¥5.10bn | CN¥3.44bn | CN¥2.60bn | CN¥3.19bn | CN¥530.7m | CN¥501.9m | CN¥126.8m |
| Debt | CN¥35.5m | CN¥82.2m | CN¥77.8m | CN¥135.4m | CN¥37.7m | CN¥69.8m | CN¥1.70bn | — | CN¥200.0m | — |
| Shareholders' equity | CN¥16.31bn | CN¥14.54bn | CN¥15.17bn | CN¥14.10bn | CN¥14.30bn | CN¥5.27bn | CN¥2.79bn | CN¥2.58bn | CN¥1.18bn | CN¥1.22bn |
| Shares outstanding | 16,136m | 14,091m | 13,542m | 13,483m | 13,327m | 11,931m | 11,055m | 9,188m | 8,179m | 8,173m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥1.40bn | CN¥1.08bn | CN¥255.7m | CN¥424.4m | CN¥1.01bn | CN¥583.6m | CN¥396.4m | −CN¥70.3m | −CN¥225.6m | −CN¥117.2m |
| Capital spending | −CN¥18.9m | −CN¥22.8m | −CN¥5.9m | −CN¥15.1m | −CN¥17.6m | −CN¥13.5m | −CN¥6.1m | −CN¥5.7m | −CN¥2.1m | −CN¥8.7m |
| Free cash flow | CN¥1.38bn | CN¥1.06bn | CN¥249.8m | CN¥409.2m | CN¥991.9m | CN¥570.1m | CN¥390.3m | −CN¥76.0m | −CN¥227.8m | −CN¥125.9m |
Latest quarters
By quarter end
| Sept 2025 | Mar 2025 | Sept 2024 | Mar 2024 | Sept 2023 | Jun 2023 | Mar 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥16.70bn | CN¥16.32bn | CN¥14.27bn | CN¥14.07bn | CN¥12.96bn | CN¥6.48bn | CN¥15.26bn | CN¥7.63bn |
| Operating income | CN¥1.18bn | CN¥539.8m | CN¥804.8m | CN¥418.3m | CN¥314.7m | CN¥128.8m | CN¥43.0m | CN¥16.1m |
| Net income | CN¥1.27bn | CN¥663.5m | CN¥769.0m | CN¥437.6m | CN¥445.9m | CN¥222.6m | CN¥373.5m | CN¥186.1m |
| Diluted earnings per share | 0.08 | 0.04 | 0.05 | 0.03 | 0.03 | 0.02 | 0.03 | 0.01 |
| Total assets | CN¥23.26bn | CN¥21.18bn | CN¥20.27bn | CN¥19.71bn | CN¥21.44bn | CN¥21.44bn | CN¥20.75bn | CN¥20.75bn |
| Cash and short-term investments | CN¥9.39bn | CN¥8.10bn | CN¥7.73bn | CN¥9.55bn | CN¥12.11bn | CN¥12.11bn | CN¥10.92bn | CN¥10.92bn |
| Debt | CN¥50.4m | CN¥24.9m | CN¥40.6m | CN¥48.0m | CN¥49.3m | CN¥49.3m | CN¥40.4m | CN¥40.4m |
| Shareholders' equity | CN¥17.57bn | CN¥16.31bn | CN¥15.28bn | CN¥14.54bn | CN¥16.09bn | CN¥16.06bn | CN¥15.17bn | CN¥15.15bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 14.1% | 26.1% | 100.1% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 4.0% | 1.3% | 1.1% | 0.4% |
| Net margin | 4.0% | 2.5% | 2.3% | 1.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 49.0 | 45.6 | 92.1 | -290.1 | 216.4 | -35331.4 | -1043.1 | -468.6 | -133.7 | -142.9 |
| Price to sales | 2.3 | 1.5 | 1.8 | 3.7 | 4.9 | 24.3 | 16.8 | 20.5 | 58.4 | 483.9 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 21 Jan 1998.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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