L 
13.66
-1.16%
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¥6.71bn
FY2020FY2025
Net income
CN¥199.0m
FY2020FY2025
Free cash flow
CN¥254.8m
FY2020FY2025
Shareholders' equity
CN¥1.96bn
FY2020FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Revenue | CN¥6.71bn | CN¥5.07bn | CN¥5.08bn | CN¥4.78bn | CN¥3.99bn | CN¥2.77bn |
| Gross profit | CN¥924.5m | CN¥665.0m | CN¥681.2m | CN¥561.3m | CN¥451.6m | CN¥333.9m |
| Research and development | CN¥273.0m | CN¥231.2m | CN¥189.4m | CN¥150.5m | CN¥111.8m | CN¥97.4m |
| Operating income | CN¥103.5m | CN¥110.2m | CN¥140.4m | CN¥125.8m | CN¥79.9m | CN¥50.8m |
| Net income | CN¥199.0m | CN¥116.8m | CN¥145.6m | CN¥118.0m | CN¥69.1m | CN¥47.0m |
| Diluted earnings per share | 0.49 | 0.30 | 0.41 | 0.37 | 2.16 | 1.47 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Total assets | CN¥5.94bn | CN¥5.04bn | CN¥4.51bn | CN¥3.18bn | CN¥2.67bn | CN¥1.57bn |
| Cash and short-term investments | CN¥2.62bn | CN¥2.06bn | CN¥2.28bn | CN¥1.14bn | CN¥811.0m | CN¥434.8m |
| Total liabilities | CN¥3.99bn | CN¥3.30bn | CN¥2.72bn | CN¥2.50bn | CN¥2.11bn | CN¥1.07bn |
| Debt | CN¥2.91bn | CN¥1.18bn | CN¥754.3m | CN¥661.7m | CN¥668.6m | CN¥160.3m |
| Shareholders' equity | CN¥1.96bn | CN¥1.75bn | CN¥1.78bn | CN¥679.8m | CN¥560.1m | CN¥501.7m |
| Shares outstanding | 404m | 391m | 355m | 320m | 32m | 32m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Cash from operations | CN¥523.7m | −CN¥3.1m | CN¥260.6m | CN¥509.9m | CN¥168.4m | −CN¥12.1m |
| Capital spending | −CN¥268.9m | −CN¥433.4m | −CN¥203.3m | −CN¥233.7m | −CN¥403.7m | −CN¥100.2m |
| Free cash flow | CN¥254.8m | −CN¥436.5m | CN¥57.3m | CN¥276.2m | −CN¥235.3m | −CN¥112.3m |
| Dividends paid | −CN¥65.7m | — | — | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Sept 2024 | Jun 2024 | Mar 2024 | Dec 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥2.83bn | CN¥3.22bn | CN¥3.61bn | CN¥2.54bn | CN¥1.48bn | CN¥2.53bn | CN¥1.48bn | CN¥3.07bn |
| Gross profit | CN¥391.1m | CN¥451.8m | CN¥489.6m | CN¥362.1m | CN¥211.2m | CN¥302.8m | CN¥176.9m | CN¥450.0m |
| Operating income | CN¥55.8m | CN¥34.5m | CN¥137.8m | CN¥55.8m | CN¥32.5m | CN¥54.3m | CN¥31.7m | CN¥90.8m |
| Net income | CN¥86.4m | CN¥74.5m | CN¥128.4m | CN¥50.8m | CN¥29.6m | CN¥66.0m | CN¥38.5m | CN¥99.6m |
| Diluted earnings per share | 0.22 | 0.18 | 0.32 | 0.13 | 0.08 | 0.17 | 0.10 | 0.28 |
| Cash from operations | — | −CN¥303.0m | CN¥1.01bn | −CN¥46.0m | — | CN¥43.0m | CN¥25.0m | CN¥232.0m |
| Capital spending | — | −CN¥109.0m | −CN¥172.0m | −CN¥293.0m | — | −CN¥139.0m | −CN¥81.0m | −CN¥47.0m |
| Free cash flow | — | −CN¥412.0m | CN¥843.0m | −CN¥339.0m | — | −CN¥96.0m | −CN¥56.0m | CN¥185.0m |
| Total assets | CN¥6.24bn | CN¥5.94bn | CN¥6.28bn | CN¥4.32bn | CN¥5.04bn | CN¥4.58bn | CN¥5.34bn | CN¥4.51bn |
| Cash and short-term investments | CN¥2.37bn | CN¥2.62bn | CN¥2.71bn | CN¥1.77bn | CN¥1.61bn | CN¥1.91bn | CN¥2.23bn | CN¥2.28bn |
| Debt | CN¥2.59bn | CN¥2.93bn | CN¥1.50bn | CN¥1.02bn | CN¥873.1m | CN¥973.4m | CN¥526.1m | CN¥197.5m |
| Shareholders' equity | CN¥2.02bn | CN¥1.96bn | CN¥1.84bn | CN¥1.50bn | CN¥1.75bn | CN¥1.56bn | CN¥1.82bn | CN¥1.78bn |
Financial ratios
Data as of 14 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 13.8% | 13.1% | 13.4% | 11.7% | 11.3% | 12.0% |
| Operating margin | 3.6% | 1.6% | 3.4% | 3.1% | 2.3% | 2.1% |
| Net margin | 3.0% | 2.3% | 2.9% | 2.5% | 1.7% | 1.7% |
| Return on equity | 10.2% | 7.8% | 9.5% | 17.4% | 10.6% | 8.0% |
| Return on assets | 3.3% | 2.7% | 3.8% | 3.7% | 2.2% | 2.6% |
| Free cash flow yield | 11.8% | 7.7% | 9.2% | 16.3% | 107.8% | — |
| Revenue growth | 13.4% | -0.2% | 6.3% | 39.9% | 43.7% | — |
| Earnings growth | 46.1% | -19.8% | 23.4% | 99.2% | 47.1% | — |
| Current ratio | 1.10x | 1.06x | 1.44x | 0.99x | 0.88x | 0.92x |
| Debt to equity | 1.49x | 0.67x | 0.42x | 0.97x | 1.20x | 0.32x |
| Equity ratio | 32.9% | 34.6% | 39.5% | 21.4% | 21.0% | 32.0% |
| Interest coverage | 10.36x | 3.79x | 7.88x | 5.93x | 5.00x | 7.27x |
| R&D as a share of sales | 4.1% | 4.6% | 3.7% | 3.1% | 2.8% | 3.5% |
| Buybacks as a share of market value | -3.3% | -10.1% | -10.9% | -900.0% | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 12.0% | 19.3% | — |
| Operating income | -6.3% | 15.3% | — |
| Net income | 19.0% | 33.5% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 13.5% | 13.1% | 12.7% | — |
| Operating margin | 1.8% | 2.2% | 2.1% | — |
| Net margin | 2.7% | 2.7% | 2.4% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | |
|---|---|---|---|
| Price to earnings | 21.8 | 21.6 | 15.5 |
| Price to sales | 0.7 | 0.5 | 0.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 1 years. Last went ex-dividend on 26 May 2025.
| FY2025 | |
|---|---|
| Paid in the year | 0.15 |
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.