Z
0.06
+3.77%
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¥586.3m
FY2020FY2025
Net income
−CN¥75.5m
FY2020FY2025
Free cash flow
CN¥42.1m
FY2020FY2025
Shareholders' equity
CN¥414.1m
FY2020FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Revenue | CN¥586.3m | CN¥790.3m | CN¥1.66bn | CN¥1.61bn | CN¥1.55bn | CN¥1.50bn |
| Gross profit | CN¥58.2m | CN¥60.3m | CN¥183.5m | CN¥175.4m | CN¥166.1m | CN¥160.6m |
| Research and development | — | — | — | — | CN¥48.2m | — |
| Operating income | −CN¥78.5m | −CN¥21.6m | CN¥51.5m | CN¥68.9m | CN¥64.2m | CN¥55.1m |
| Net income | −CN¥75.5m | −CN¥21.6m | CN¥38.4m | CN¥54.7m | CN¥51.4m | CN¥41.2m |
| Diluted earnings per share | -0.13 | -0.04 | 0.08 | 0.11 | 0.09 | 0.07 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Total assets | CN¥2.05bn | CN¥2.24bn | CN¥1.73bn | CN¥1.50bn | CN¥1.60bn | CN¥1.67bn |
| Cash and short-term investments | CN¥29.5m | CN¥32.5m | CN¥50.6m | CN¥128.8m | CN¥75.7m | CN¥65.2m |
| Total liabilities | CN¥1.63bn | CN¥1.75bn | CN¥1.30bn | CN¥1.20bn | CN¥1.36bn | CN¥1.48bn |
| Debt | CN¥1.2m | CN¥3.9m | CN¥6.4m | CN¥2.9m | — | CN¥23,775 |
| Shareholders' equity | CN¥414.1m | CN¥490.3m | CN¥426.1m | CN¥297.0m | CN¥242.2m | CN¥190.7m |
| Shares outstanding | 576m | 576m | 480m | 480m | 576m | 576m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Cash from operations | CN¥42.9m | −CN¥9.2m | −CN¥123.1m | CN¥904,286 | CN¥26.8m | CN¥36.1m |
| Capital spending | −CN¥778,000 | −CN¥3.8m | −CN¥4.0m | −CN¥408,414 | −CN¥4.7m | −CN¥5.1m |
| Free cash flow | CN¥42.1m | −CN¥13.1m | −CN¥127.1m | CN¥495,871 | CN¥22.1m | CN¥30.9m |
Latest quarters
By quarter end
| Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | Sept 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥239.8m | CN¥346.6m | CN¥487.6m | CN¥302.7m | CN¥1.08bn | CN¥578.5m | CN¥445.5m | CN¥1.16bn |
| Gross profit | CN¥19.2m | CN¥39.1m | CN¥27.4m | CN¥32.9m | CN¥116.0m | CN¥67.5m | CN¥49.2m | CN¥126.1m |
| Operating income | −CN¥59.1m | −CN¥19.4m | −CN¥1.2m | −CN¥20.5m | CN¥29.4m | CN¥22.1m | CN¥14.8m | CN¥54.1m |
| Net income | −CN¥57.1m | −CN¥18.4m | −CN¥3.3m | −CN¥18.3m | CN¥22.5m | CN¥16.0m | CN¥11.6m | CN¥43.2m |
| Diluted earnings per share | -0.10 | -0.03 | -0.01 | -0.03 | 0.05 | 0.03 | 0.02 | 0.09 |
| Cash from operations | — | — | — | — | −CN¥123.0m | −CN¥151.0m | — | −CN¥22.0m |
| Capital spending | — | — | — | — | −CN¥3.0m | — | — | — |
| Free cash flow | — | — | — | — | −CN¥126.0m | — | — | — |
| Total assets | CN¥2.05bn | CN¥2.34bn | CN¥1.90bn | CN¥1.90bn | CN¥1.73bn | CN¥1.62bn | CN¥1.50bn | CN¥1.54bn |
| Cash and short-term investments | CN¥29.5m | CN¥40.7m | CN¥27.6m | CN¥47.9m | CN¥50.6m | CN¥60.8m | CN¥128.8m | CN¥107.8m |
| Debt | CN¥1.2m | CN¥1.6m | CN¥3.3m | CN¥7.2m | CN¥6.4m | CN¥2.4m | CN¥2.9m | CN¥3.3m |
| Shareholders' equity | CN¥414.1m | CN¥471.6m | CN¥416.3m | CN¥419.5m | CN¥426.1m | CN¥403.3m | CN¥297.0m | CN¥285.4m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -28.5% | -17.2% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 8.6% | 10.3% | 10.5% | — |
| Operating margin | -7.3% | 0.4% | 1.8% | — |
| Net margin | -7.0% | -0.1% | 1.2% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | |
|---|---|---|---|
| Price to earnings | -0.5 | -1.8 | 1.4 |
| Price to sales | 0.1 | 0.1 | 0.0 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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