N 
4.56
-1.30%
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¥76.66bn
FY2017FY2026
Net income
CN¥3.97bn
FY2017FY2026
Free cash flow
—
FY2017FY2026
Shareholders' equity
CN¥50.38bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥76.66bn | CN¥63.24bn | CN¥59.50bn | CN¥56.74bn | CN¥64.54bn | CN¥61.57bn | CN¥51.34bn | CN¥54.61bn | CN¥52.78bn | CN¥39.15bn |
| Gross profit | CN¥12.34bn | CN¥7.25bn | CN¥5.71bn | CN¥1.53bn | CN¥6.99bn | CN¥11.69bn | CN¥9.03bn | CN¥8.52bn | CN¥11.59bn | CN¥7.98bn |
| Operating income | CN¥6.67bn | CN¥3.94bn | CN¥2.65bn | −CN¥1.61bn | CN¥3.59bn | CN¥8.54bn | CN¥6.21bn | CN¥5.91bn | CN¥10.48bn | CN¥6.83bn |
| Net income | CN¥3.97bn | CN¥2.17bn | CN¥772.3m | −CN¥2.38bn | CN¥3.28bn | CN¥7.10bn | CN¥4.17bn | CN¥3.86bn | CN¥7.85bn | CN¥4.38bn |
| Diluted earnings per share | 0.85 | 0.46 | 0.16 | -0.51 | 0.70 | 1.51 | 0.89 | 0.82 | 1.68 | 0.94 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥157.44bn | CN¥149.04bn | CN¥138.37bn | CN¥120.65bn | CN¥107.08bn | CN¥92.17bn | CN¥79.32bn | CN¥80.76bn | CN¥77.84bn | CN¥66.17bn |
| Cash and short-term investments | CN¥12.09bn | CN¥11.27bn | CN¥10.68bn | CN¥10.44bn | CN¥9.78bn | CN¥10.15bn | CN¥5.66bn | CN¥8.44bn | CN¥9.04bn | CN¥6.48bn |
| Total liabilities | CN¥106.49bn | CN¥98.43bn | CN¥89.89bn | CN¥75.51bn | CN¥59.58bn | CN¥46.24bn | CN¥38.52bn | CN¥42.86bn | CN¥41.58bn | CN¥36.08bn |
| Debt | CN¥90.90bn | CN¥77.18bn | CN¥69.03bn | CN¥56.76bn | CN¥44.20bn | CN¥28.92bn | CN¥26.31bn | CN¥16.80bn | CN¥32.71bn | CN¥28.95bn |
| Shareholders' equity | CN¥50.38bn | CN¥50.10bn | CN¥48.01bn | CN¥44.65bn | CN¥47.05bn | CN¥45.93bn | CN¥40.37bn | CN¥38.08bn | CN¥35.98bn | CN¥29.75bn |
| Shares outstanding | 4,693m | 4,692m | 4,692m | 4,692m | 4,692m | 4,692m | 4,692m | 4,692m | 4,681m | 4,685m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | — | CN¥5.07bn | −CN¥794.2m | CN¥6.92bn | CN¥3.03bn | CN¥2.52bn | CN¥8.95bn | CN¥8.94bn | CN¥8.40bn | CN¥3.51bn |
| Capital spending | — | −CN¥16.01bn | −CN¥12.82bn | −CN¥17.70bn | −CN¥12.62bn | −CN¥6.06bn | −CN¥4.79bn | −CN¥6.00bn | −CN¥6.39bn | −CN¥3.62bn |
| Free cash flow | — | −CN¥10.94bn | −CN¥13.61bn | −CN¥10.77bn | −CN¥9.59bn | −CN¥3.54bn | CN¥4.15bn | CN¥2.94bn | CN¥2.01bn | −CN¥101.7m |
| Dividends paid | — | — | — | −CN¥469.4m | −CN¥2.02bn | −CN¥1.51bn | −CN¥1.31bn | −CN¥1.87bn | −CN¥1.87bn | −CN¥466.8m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥38.50bn | CN¥37.22bn | CN¥29.78bn | CN¥33.46bn | CN¥28.89bn | CN¥30.61bn | CN¥25.54bn | CN¥31.20bn |
| Gross profit | CN¥6.24bn | CN¥5.35bn | CN¥4.05bn | CN¥3.19bn | CN¥3.01bn | CN¥2.71bn | CN¥844.1m | CN¥686.1m |
| Operating income | CN¥3.42bn | CN¥3.41bn | CN¥2.34bn | CN¥1.60bn | CN¥1.40bn | CN¥1.24bn | −CN¥890.3m | −CN¥849.6m |
| Net income | CN¥1.79bn | CN¥2.17bn | CN¥1.50bn | CN¥669.1m | CN¥479.9m | CN¥292.4m | −CN¥994.6m | −CN¥1.39bn |
| Diluted earnings per share | 0.38 | 0.46 | 0.32 | 0.14 | 0.10 | 0.06 | -0.21 | -0.30 |
| Cash from operations | — | CN¥3.30bn | CN¥348.0m | CN¥4.27bn | CN¥1.72bn | −CN¥2.51bn | CN¥4.21bn | CN¥2.72bn |
| Capital spending | — | −CN¥5.11bn | −CN¥8.60bn | −CN¥6.76bn | −CN¥6.60bn | −CN¥6.60bn | −CN¥6.93bn | −CN¥10.77bn |
| Free cash flow | — | −CN¥1.81bn | −CN¥8.25bn | −CN¥2.49bn | −CN¥4.88bn | −CN¥9.11bn | −CN¥2.72bn | −CN¥8.05bn |
| Total assets | CN¥157.44bn | CN¥148.95bn | CN¥149.04bn | CN¥143.30bn | CN¥138.37bn | CN¥128.91bn | CN¥120.65bn | CN¥113.83bn |
| Cash and short-term investments | CN¥12.09bn | CN¥6.65bn | CN¥11.27bn | CN¥11.86bn | CN¥10.68bn | CN¥7.42bn | CN¥10.44bn | CN¥8.39bn |
| Debt | CN¥22.76bn | CN¥81.61bn | CN¥77.18bn | CN¥70.14bn | CN¥69.03bn | CN¥62.20bn | CN¥56.83bn | CN¥51.28bn |
| Shareholders' equity | CN¥50.38bn | CN¥49.13bn | CN¥50.10bn | CN¥48.68bn | CN¥48.01bn | CN¥44.74bn | CN¥44.65bn | CN¥45.35bn |
Financial ratios
Data as of 19 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 11.5% | 9.6% | 2.7% | 10.8% | 19.0% | 17.6% |
| Operating margin | 6.2% | 4.4% | -2.8% | 5.6% | 13.9% | 12.1% |
| Net margin | 3.4% | 1.3% | -4.2% | 5.1% | 11.5% | 8.1% |
| Return on equity | 4.3% | 1.6% | -5.3% | 7.0% | 15.5% | 10.3% |
| Return on assets | 1.5% | 0.6% | -2.0% | 3.1% | 7.7% | 5.3% |
| Free cash flow yield | 72.7% | 41.5% | 84.9% | 54.0% | 29.6% | 47.4% |
| Revenue growth | 6.3% | 4.9% | -12.1% | 4.8% | 19.9% | -6.0% |
| Earnings growth | 180.6% | -132.4% | -172.8% | -53.9% | 70.4% | 8.0% |
| Current ratio | 1.07x | 1.16x | 1.05x | 1.79x | 1.20x | 1.12x |
| Debt to equity | 1.51x | 1.40x | 1.27x | 0.94x | 0.63x | 0.65x |
| Equity ratio | 33.6% | 34.7% | 37.0% | 43.9% | 49.8% | 50.9% |
| Interest coverage | 2.32x | 1.76x | -1.44x | 4.67x | 13.82x | 8.93x |
| Buybacks as a share of market value | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | -0.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 10.5% | 4.5% | 9.1% |
| Operating income | — | -4.8% | 3.6% |
| Net income | — | -11.0% | 13.5% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 14.0% | 10.5% | 11.9% | 14.5% |
| Operating margin | 7.6% | 4.5% | 6.2% | 9.5% |
| Net margin | 4.4% | 1.8% | 3.9% | 5.9% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 4.7 | 11.0 | 16.6 | -6.6 | 8.9 | 4.8 | 10.8 | 8.5 | 3.7 | 11.6 |
| Price to sales | 0.2 | 0.4 | 0.2 | 0.3 | 0.5 | 0.6 | 0.9 | 0.6 | 0.6 | 1.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 9 Dec 2022.
| FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.022 | 0.498 | 0.371 | 0.31 | 0.575 | 0.419 | 0.15 | 0.085 |
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.