L
0.76
+1.34%
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¥1.55bn
FY2019FY2025
Net income
CN¥39.7m
FY2019FY2025
Free cash flow
−CN¥300.5m
FY2019FY2025
Shareholders' equity
CN¥649.4m
FY2019FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.55bn | CN¥582.6m | CN¥536.9m | CN¥421.1m | CN¥470.2m | CN¥424.4m | CN¥424.1m |
| Gross profit | CN¥84.3m | CN¥86.7m | CN¥88.9m | CN¥101.9m | CN¥112.5m | CN¥86.1m | CN¥75.0m |
| Research and development | — | — | — | CN¥6.4m | CN¥7.5m | CN¥14.0m | CN¥13.7m |
| Operating income | CN¥46.6m | CN¥66.9m | CN¥60.4m | CN¥62.1m | CN¥62.9m | CN¥54.7m | CN¥54.5m |
| Net income | CN¥39.7m | CN¥62.0m | CN¥55.8m | CN¥57.5m | CN¥57.5m | CN¥49.8m | CN¥49.0m |
| Diluted earnings per share | 0.08 | 0.12 | 0.15 | 0.46 | 0.12 | 0.10 | 0.10 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Total assets | CN¥1.01bn | CN¥697.3m | CN¥500.4m | CN¥482.4m | CN¥568.6m | CN¥454.2m | CN¥357.5m |
| Cash and short-term investments | CN¥43.6m | CN¥127.7m | CN¥65.7m | CN¥50.6m | CN¥55.9m | CN¥25.9m | CN¥35.5m |
| Total liabilities | CN¥364.4m | CN¥174.1m | CN¥136.5m | CN¥135.2m | CN¥209.5m | CN¥174.3m | CN¥174.0m |
| Debt | CN¥168.2m | CN¥34.2m | CN¥49.6m | CN¥30.8m | CN¥43.6m | CN¥48.4m | CN¥40.5m |
| Shareholders' equity | CN¥649.4m | CN¥523.2m | CN¥362.3m | CN¥308.2m | CN¥359.1m | CN¥279.9m | CN¥183.5m |
| Shares outstanding | 500m | 501m | 375m | 125m | 498m | 498m | 498m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Cash from operations | −CN¥298.2m | −CN¥12.2m | CN¥229,967 | CN¥12.4m | CN¥43.2m | −CN¥14.3m | CN¥29.6m |
| Capital spending | −CN¥2.3m | −CN¥252,194 | −CN¥141,913 | −CN¥37,777 | −CN¥466,416 | −CN¥200,017 | −CN¥284,645 |
| Free cash flow | −CN¥300.5m | −CN¥12.4m | CN¥88,054 | CN¥12.4m | CN¥42.8m | −CN¥14.5m | CN¥29.3m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥399.0m | CN¥399.0m | CN¥433.0m | CN¥433.0m | CN¥341.5m | CN¥341.5m | CN¥162.9m | CN¥190.5m |
| Gross profit | CN¥21.6m | CN¥21.6m | CN¥25.5m | CN¥25.5m | CN¥16.6m | CN¥16.6m | CN¥25.0m | CN¥29.2m |
| Operating income | CN¥7.0m | CN¥7.0m | CN¥16.6m | CN¥16.6m | CN¥6.7m | CN¥6.7m | CN¥20.2m | CN¥23.6m |
| Net income | CN¥5.0m | CN¥5.0m | CN¥14.5m | CN¥14.5m | CN¥5.3m | CN¥5.3m | CN¥18.9m | CN¥22.1m |
| Diluted earnings per share | 0.01 | 0.01 | 0.03 | 0.03 | 0.01 | 0.01 | 0.04 | 0.04 |
| Cash from operations | — | — | −CN¥104.0m | −CN¥104.0m | −CN¥44.0m | −CN¥44.0m | CN¥38.0m | CN¥38.0m |
| Capital spending | — | — | — | — | −CN¥1.0m | −CN¥1.0m | — | — |
| Free cash flow | — | — | — | — | −CN¥45.0m | −CN¥45.0m | — | — |
| Total assets | CN¥1.02bn | CN¥1.02bn | CN¥1.01bn | CN¥1.01bn | CN¥977.0m | CN¥977.0m | CN¥815.7m | CN¥815.7m |
| Cash and short-term investments | CN¥60.2m | CN¥60.2m | CN¥36.9m | CN¥36.9m | CN¥106.3m | CN¥106.3m | CN¥149.4m | CN¥149.4m |
| Debt | CN¥116.8m | CN¥116.8m | CN¥147.2m | CN¥144.5m | CN¥98.0m | CN¥98.0m | CN¥39.3m | CN¥39.3m |
| Shareholders' equity | CN¥715.6m | CN¥715.6m | CN¥649.1m | CN¥649.1m | CN¥622.4m | CN¥622.4m | CN¥612.0m | CN¥612.0m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 54.4% | 29.6% | — |
| Operating income | -9.1% | -3.1% | — |
| Net income | -11.6% | -4.4% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 8.0% | 11.7% | 14.1% | — |
| Operating margin | 5.3% | 7.6% | 8.9% | — |
| Net margin | 4.8% | 7.0% | 8.1% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | |
|---|---|---|
| Price to earnings | 14.0 | 11.4 |
| Price to sales | 0.4 | 1.2 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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