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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¥26.46bn
FY2016FY2025
Net income
CN¥1.06bn
FY2016FY2025
Free cash flow
CN¥3.59bn
FY2016FY2025
Shareholders' equity
CN¥11.92bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥26.46bn | CN¥26.83bn | CN¥26.47bn | CN¥27.73bn | CN¥30.89bn | CN¥22.80bn | CN¥25.63bn | CN¥22.31bn | CN¥18.99bn | CN¥15.90bn |
| Gross profit | CN¥3.65bn | CN¥3.34bn | CN¥1.70bn | CN¥3.21bn | CN¥6.82bn | CN¥3.15bn | CN¥3.49bn | CN¥3.66bn | CN¥2.84bn | CN¥3.08bn |
| Operating income | CN¥1.61bn | CN¥1.53bn | CN¥454.1m | CN¥701.1m | CN¥3.99bn | CN¥996.7m | CN¥1.67bn | CN¥2.27bn | CN¥1.51bn | CN¥2.22bn |
| Net income | CN¥1.06bn | CN¥644.8m | −CN¥437.6m | CN¥182.7m | CN¥3.13bn | CN¥602.3m | CN¥1.03bn | CN¥1.35bn | CN¥1.34bn | CN¥1.38bn |
| Diluted earnings per share | 1.16 | 0.70 | -0.48 | 0.20 | 3.41 | 0.66 | 1.13 | 1.48 | 1.46 | 1.53 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥23.60bn | CN¥24.44bn | CN¥26.57bn | CN¥30.46bn | CN¥28.47bn | CN¥23.48bn | CN¥24.67bn | CN¥21.86bn | CN¥18.10bn | CN¥17.80bn |
| Cash and short-term investments | CN¥3.21bn | CN¥3.79bn | CN¥2.91bn | CN¥3.38bn | CN¥2.92bn | CN¥3.13bn | CN¥2.13bn | CN¥1.23bn | CN¥1.71bn | CN¥2.11bn |
| Total liabilities | CN¥11.33bn | CN¥12.63bn | CN¥15.21bn | CN¥18.70bn | CN¥16.12bn | CN¥13.61bn | CN¥15.23bn | CN¥13.90bn | CN¥11.13bn | CN¥11.76bn |
| Debt | CN¥8.55bn | CN¥6.59bn | CN¥7.95bn | CN¥8.87bn | CN¥7.36bn | CN¥7.40bn | CN¥8.69bn | CN¥7.27bn | CN¥5.56bn | CN¥6.11bn |
| Shareholders' equity | CN¥11.92bn | CN¥11.22bn | CN¥10.66bn | CN¥11.07bn | CN¥11.69bn | CN¥9.16bn | CN¥8.71bn | CN¥7.85bn | CN¥6.88bn | CN¥6.00bn |
| Shares outstanding | 918m | 918m | 918m | 918m | 918m | 915m | 915m | 916m | 916m | 902m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥5.01bn | CN¥5.22bn | CN¥2.31bn | CN¥1.89bn | CN¥2.84bn | CN¥3.84bn | CN¥2.82bn | CN¥893.1m | CN¥2.55bn | CN¥706.6m |
| Capital spending | −CN¥1.43bn | −CN¥992.7m | −CN¥1.01bn | −CN¥2.14bn | −CN¥2.73bn | −CN¥769.1m | −CN¥2.08bn | −CN¥1.54bn | −CN¥952.6m | −CN¥2.06bn |
| Free cash flow | CN¥3.59bn | CN¥4.23bn | CN¥1.30bn | −CN¥248.2m | CN¥118.2m | CN¥3.08bn | CN¥736.9m | −CN¥644.5m | CN¥1.60bn | −CN¥1.35bn |
| Dividends paid | −CN¥97.5m | −CN¥97.2m | — | −CN¥892.8m | −CN¥614.6m | −CN¥146.0m | −CN¥357.8m | −CN¥396.4m | −CN¥461.4m | −CN¥263.7m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥13.49bn | CN¥13.61bn | CN¥12.85bn | CN¥13.73bn | CN¥13.10bn | CN¥13.90bn | CN¥12.57bn | CN¥12.56bn |
| Gross profit | CN¥2.27bn | CN¥1.83bn | CN¥1.82bn | CN¥1.61bn | CN¥1.72bn | CN¥1.40bn | CN¥299.1m | CN¥218.8m |
| Operating income | CN¥1.20bn | CN¥841.7m | CN¥770.0m | CN¥670.1m | CN¥711.1m | CN¥972.6m | −CN¥599.9m | −CN¥823.2m |
| Net income | CN¥933.4m | CN¥575.6m | CN¥487.9m | CN¥330.4m | CN¥314.4m | CN¥432.7m | −CN¥870.4m | −CN¥972.9m |
| Diluted earnings per share | 1.02 | 0.63 | 0.53 | 0.36 | 0.34 | 0.47 | -0.95 | -1.06 |
| Cash from operations | — | CN¥1.55bn | CN¥3.32bn | CN¥2.42bn | CN¥2.53bn | CN¥2.08bn | −CN¥93.0m | CN¥599.0m |
| Capital spending | — | −CN¥953.0m | −CN¥467.0m | −CN¥562.0m | −CN¥434.0m | −CN¥295.0m | −CN¥707.0m | −CN¥1.02bn |
| Free cash flow | — | CN¥594.0m | CN¥2.86bn | CN¥1.86bn | CN¥2.10bn | CN¥1.79bn | −CN¥800.0m | −CN¥417.0m |
| Total assets | CN¥25.51bn | CN¥23.60bn | CN¥24.65bn | CN¥24.44bn | CN¥25.13bn | CN¥26.57bn | CN¥28.52bn | CN¥30.46bn |
| Cash and short-term investments | CN¥3.32bn | CN¥3.21bn | CN¥3.65bn | CN¥3.79bn | CN¥3.46bn | CN¥2.98bn | CN¥2.56bn | CN¥2.88bn |
| Debt | CN¥2.65bn | CN¥8.55bn | CN¥9.98bn | CN¥10.12bn | CN¥11.20bn | CN¥12.16bn | CN¥11.40bn | CN¥10.97bn |
| Shareholders' equity | CN¥12.73bn | CN¥11.92bn | CN¥11.42bn | CN¥11.22bn | CN¥10.99bn | CN¥10.66bn | CN¥10.27bn | CN¥11.07bn |
Financial ratios
Data as of 17 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 13.8% | 12.4% | 6.4% | 11.6% | 22.1% | 13.8% |
| Operating margin | 6.9% | 5.7% | 1.8% | 3.1% | 13.0% | 4.1% |
| Net margin | 4.0% | 2.4% | -1.7% | 0.7% | 10.1% | 2.6% |
| Return on equity | 8.9% | 5.7% | -4.1% | 1.7% | 26.7% | 6.6% |
| Return on assets | 4.5% | 2.6% | -1.6% | 0.6% | 11.0% | 2.6% |
| Free cash flow yield | 111.1% | 107.1% | 57.3% | 69.3% | 96.0% | 79.8% |
| Revenue growth | -1.4% | 1.3% | -4.5% | -10.2% | 35.5% | -11.0% |
| Earnings growth | 64.9% | -247.3% | -339.6% | -94.2% | 419.3% | -41.5% |
| Current ratio | 1.42x | 1.40x | 1.28x | 1.12x | 1.29x | 1.16x |
| Debt to equity | 0.71x | 0.89x | 1.12x | 0.96x | 0.72x | 0.90x |
| Equity ratio | 50.5% | 45.9% | 40.1% | 36.3% | 41.1% | 39.0% |
| Interest coverage | 4.63x | 2.93x | 0.76x | 1.97x | 16.64x | 2.16x |
| Buybacks as a share of market value | 0.0% | 0.0% | 0.0% | -0.0% | -0.3% | 0.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -1.5% | 3.0% | 7.9% |
| Operating income | 32.0% | 10.1% | 1.6% |
| Net income | 79.9% | 12.0% | 4.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 13.1% | 11.1% | 13.6% | 14.5% |
| Operating margin | 5.9% | 4.0% | 5.8% | 7.2% |
| Net margin | 3.2% | 1.4% | 3.2% | 4.3% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 3.5 | 4.9 | -8.0 | 27.3 | 2.6 | 8.7 | 6.8 | 5.2 | 6.0 | 5.9 |
| Price to sales | 0.1 | 0.1 | 0.1 | 0.2 | 0.3 | 0.2 | 0.3 | 0.3 | 0.4 | 0.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 2 years. Last went ex-dividend on 9 Jun 2025.
| FY2025 | FY2024 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.10 | 0.10 | 0.95 | 0.70 | 0.15 | 0.38 | 0.44 | 0.50 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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