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Close of 4 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¥4.53bn
FY2019FY2025
Net income
CN¥43.5m
FY2019FY2025
Free cash flow
−CN¥241.0m
FY2019FY2025
Shareholders' equity
CN¥757.6m
FY2019FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | CN¥4.53bn | CN¥6.42bn | CN¥4.78bn | CN¥5.28bn | CN¥5.36bn | CN¥3.97bn | CN¥3.03bn |
| Gross profit | CN¥425.5m | CN¥338.6m | CN¥266.5m | CN¥290.8m | CN¥340.2m | CN¥256.0m | CN¥180.2m |
| Research and development | CN¥91.4m | CN¥72.8m | CN¥68.0m | CN¥64.8m | CN¥62.0m | — | — |
| Operating income | CN¥67.8m | CN¥68.1m | −CN¥24.2m | CN¥4.6m | CN¥54.1m | CN¥36.2m | CN¥11.5m |
| Net income | CN¥43.5m | CN¥42.6m | −CN¥25.2m | CN¥1.2m | CN¥43.2m | CN¥22.2m | −CN¥3.0m |
| Diluted earnings per share | 0.03 | 0.03 | -0.02 | 0.00 | 0.03 | 0.02 | -0.00 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Total assets | CN¥1.89bn | CN¥2.32bn | CN¥2.08bn | CN¥1.85bn | CN¥2.27bn | CN¥1.96bn | CN¥1.55bn |
| Cash and short-term investments | CN¥652.3m | CN¥711.5m | CN¥457.6m | CN¥485.5m | CN¥624.3m | CN¥359.0m | CN¥298.4m |
| Total liabilities | CN¥1.14bn | CN¥1.72bn | CN¥1.53bn | CN¥1.38bn | CN¥1.81bn | CN¥1.70bn | CN¥1.39bn |
| Debt | CN¥354.3m | CN¥260.0m | CN¥120.4m | CN¥957,949 | CN¥79.0m | CN¥50.3m | CN¥82.4m |
| Shareholders' equity | CN¥757.6m | CN¥605.6m | CN¥555.3m | CN¥471.7m | CN¥455.5m | CN¥258.0m | CN¥159.5m |
| Shares outstanding | 1,394m | 1,394m | 1,394m | 1,394m | 1,394m | 1,394m | 1,394m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Cash from operations | −CN¥236.7m | CN¥130.7m | −CN¥208.9m | −CN¥48.0m | CN¥110.9m | CN¥47.0m | CN¥51.9m |
| Capital spending | −CN¥4.4m | −CN¥2.0m | −CN¥3.3m | −CN¥7.8m | −CN¥6.4m | −CN¥8.4m | −CN¥14.0m |
| Free cash flow | −CN¥241.0m | CN¥128.8m | −CN¥212.2m | −CN¥55.8m | CN¥104.5m | CN¥38.6m | CN¥37.9m |
Latest quarters
By quarter end
| Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | Sept 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.50bn | CN¥3.03bn | CN¥3.65bn | CN¥2.77bn | CN¥2.56bn | CN¥2.22bn | CN¥1.27bn | CN¥4.01bn |
| Gross profit | CN¥223.8m | CN¥201.6m | CN¥190.3m | CN¥148.2m | CN¥147.8m | CN¥118.7m | CN¥70.3m | CN¥220.4m |
| Operating income | CN¥14.4m | CN¥53.4m | CN¥43.3m | CN¥24.9m | −CN¥4.0m | −CN¥20.3m | −CN¥3.8m | CN¥8.4m |
| Net income | CN¥15.5m | CN¥28.0m | CN¥22.1m | CN¥20.4m | −CN¥2.9m | −CN¥22.3m | −CN¥2.0m | CN¥3.1m |
| Diluted earnings per share | 0.01 | 0.02 | 0.02 | 0.01 | -0.00 | -0.02 | -0.00 | 0.00 |
| Cash from operations | — | −CN¥165.0m | CN¥130.0m | −CN¥65.0m | −CN¥208.0m | −CN¥109.0m | −CN¥47.0m | −CN¥18.0m |
| Capital spending | — | — | −CN¥1.0m | −CN¥1.0m | −CN¥3.0m | −CN¥1.0m | −CN¥7.0m | −CN¥7.0m |
| Free cash flow | — | — | CN¥129.0m | −CN¥66.0m | −CN¥211.0m | −CN¥110.0m | −CN¥54.0m | −CN¥25.0m |
| Total assets | CN¥1.89bn | CN¥2.22bn | CN¥2.32bn | CN¥2.26bn | CN¥2.08bn | CN¥1.85bn | CN¥1.85bn | CN¥1.71bn |
| Cash and short-term investments | CN¥652.3m | CN¥574.8m | CN¥711.5m | CN¥510.1m | CN¥457.6m | CN¥493.1m | CN¥485.5m | CN¥526.4m |
| Debt | CN¥354.3m | CN¥210.9m | CN¥260.0m | CN¥241.1m | CN¥120.4m | CN¥34.6m | CN¥957,949 | CN¥10.7m |
| Shareholders' equity | CN¥757.6m | CN¥740.6m | CN¥605.6m | CN¥578.4m | CN¥555.3m | CN¥543.1m | CN¥471.7m | CN¥470.3m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -5.0% | 2.7% | — |
| Operating income | 145.5% | 13.4% | — |
| Net income | 232.3% | 14.4% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 7.0% | 6.3% | 6.3% | — |
| Operating margin | 1.2% | 0.6% | 0.7% | — |
| Net margin | 0.8% | 0.3% | 0.4% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | |
|---|---|---|---|
| Price to earnings | 20.5 | 22.1 | -52.8 |
| Price to sales | 0.2 | 0.1 | 0.3 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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