S 
5.27
-0.94%
Close of 9 Nov 2026, in CNY
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¥5.80bn
FY2016FY2025
Net income
−CN¥184.5m
FY2016FY2025
Free cash flow
−CN¥312.7m
FY2016FY2025
Shareholders' equity
CN¥5.07bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥5.80bn | CN¥6.58bn | CN¥5.37bn | CN¥5.83bn | CN¥5.44bn | CN¥5.07bn | CN¥4.45bn | CN¥4.17bn | CN¥3.21bn | CN¥2.24bn |
| Gross profit | CN¥553.8m | CN¥276.1m | CN¥320.4m | CN¥577.1m | CN¥287.4m | CN¥469.9m | CN¥538.5m | CN¥557.3m | CN¥432.9m | CN¥361.0m |
| Research and development | CN¥91.3m | CN¥87.9m | CN¥91.2m | CN¥89.5m | CN¥67.9m | CN¥134.2m | CN¥128.7m | CN¥113.9m | CN¥78.1m | CN¥72.4m |
| Operating income | CN¥7.6m | −CN¥77.1m | −CN¥60.3m | CN¥289.8m | −CN¥16.6m | CN¥137.7m | CN¥217.3m | CN¥248.9m | CN¥111.4m | CN¥96.0m |
| Net income | −CN¥184.5m | −CN¥192.3m | −CN¥49.9m | CN¥204.6m | −CN¥43.9m | CN¥77.1m | CN¥134.4m | CN¥121.8m | CN¥79.6m | CN¥75.7m |
| Diluted earnings per share | -0.21 | -0.21 | -0.05 | 0.26 | -0.07 | 0.06 | 0.19 | 0.12 | 0.15 | 0.14 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥10.57bn | CN¥10.28bn | CN¥10.22bn | CN¥10.31bn | CN¥7.76bn | CN¥8.28bn | CN¥6.92bn | CN¥6.27bn | CN¥5.59bn | CN¥4.57bn |
| Cash and short-term investments | — | CN¥1.84bn | CN¥2.36bn | CN¥2.84bn | CN¥1.28bn | CN¥1.95bn | CN¥1.12bn | CN¥1.04bn | CN¥556.2m | CN¥405.6m |
| Total liabilities | CN¥5.51bn | CN¥5.04bn | CN¥4.77bn | CN¥4.77bn | CN¥4.24bn | CN¥4.59bn | CN¥3.47bn | CN¥3.51bn | CN¥2.78bn | CN¥1.83bn |
| Debt | CN¥233.5m | CN¥3.09bn | CN¥2.48bn | CN¥3.05bn | CN¥2.39bn | CN¥2.50bn | CN¥1.51bn | CN¥1.64bn | CN¥1.18bn | CN¥937.1m |
| Shareholders' equity | CN¥5.07bn | CN¥5.24bn | CN¥5.44bn | CN¥5.53bn | CN¥3.53bn | CN¥3.64bn | CN¥3.39bn | CN¥2.69bn | CN¥2.39bn | CN¥2.32bn |
| Shares outstanding | 893m | 912m | 918m | 784m | 657m | 1,276m | 699m | 996m | 524m | 522m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥29.7m | −CN¥292.5m | CN¥484.5m | −CN¥109.2m | CN¥143.9m | CN¥317.0m | CN¥210.1m | CN¥386.5m | CN¥312.7m | CN¥126.7m |
| Capital spending | −CN¥342.4m | −CN¥485.2m | −CN¥767.2m | −CN¥530.0m | −CN¥410.7m | −CN¥670.8m | −CN¥470.3m | −CN¥212.4m | −CN¥77.4m | −CN¥128.4m |
| Free cash flow | −CN¥312.7m | −CN¥777.7m | −CN¥282.7m | −CN¥639.2m | −CN¥266.7m | −CN¥353.9m | −CN¥260.2m | CN¥174.0m | CN¥235.3m | −CN¥1.8m |
| Dividends paid | −CN¥92.4m | −CN¥98.9m | −CN¥118.7m | −CN¥85.0m | −CN¥103.9m | −CN¥105.9m | −CN¥129.5m | −CN¥86.2m | −CN¥77.6m | −CN¥52.4m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥2.04bn | CN¥1.70bn | CN¥1.71bn | CN¥1.40bn | CN¥1.23bn | CN¥1.46bn | CN¥1.83bn | CN¥1.75bn |
| Gross profit | CN¥147.7m | CN¥137.7m | CN¥101.8m | CN¥79.3m | CN¥37.9m | CN¥95.9m | CN¥33.2m | CN¥77.7m |
| Operating income | CN¥56.7m | CN¥65.4m | CN¥9.2m | −CN¥32.3m | −CN¥21.2m | −CN¥5.5m | −CN¥94.3m | −CN¥36.1m |
| Net income | CN¥36.3m | CN¥21.9m | −CN¥97.4m | −CN¥34.0m | −CN¥46.4m | −CN¥6.6m | −CN¥156.1m | −CN¥26.9m |
| Diluted earnings per share | 0.04 | 0.02 | -0.11 | -0.04 | -0.05 | -0.01 | -0.17 | -0.03 |
| Cash from operations | — | — | — | −CN¥86.0m | CN¥367.0m | −CN¥132.0m | — | −CN¥16.0m |
| Capital spending | −CN¥87.0m | −CN¥112.0m | −CN¥56.0m | −CN¥106.0m | −CN¥73.0m | −CN¥106.0m | −CN¥131.0m | −CN¥129.0m |
| Free cash flow | — | — | — | −CN¥192.0m | CN¥294.0m | −CN¥238.0m | — | −CN¥145.0m |
| Total assets | CN¥11.80bn | CN¥11.10bn | CN¥10.57bn | CN¥10.58bn | CN¥10.38bn | CN¥10.43bn | CN¥10.28bn | CN¥10.53bn |
| Cash and short-term investments | — | — | — | CN¥2.05bn | CN¥2.13bn | CN¥2.01bn | CN¥1.84bn | CN¥2.16bn |
| Debt | CN¥423.7m | CN¥274.4m | CN¥233.5m | CN¥3.98bn | CN¥3.41bn | CN¥3.49bn | CN¥3.09bn | CN¥3.16bn |
| Shareholders' equity | CN¥5.65bn | CN¥5.12bn | CN¥5.07bn | CN¥5.18bn | CN¥5.19bn | CN¥5.23bn | CN¥5.24bn | CN¥5.41bn |
Financial ratios
Data as of 15 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 9.6% | 4.2% | 6.0% | 9.9% | 5.3% | 9.3% |
| Operating margin | -1.0% | -0.7% | 0.7% | 5.3% | 0.9% | 3.2% |
| Net margin | -3.2% | -2.9% | -0.9% | 3.5% | -0.8% | 1.5% |
| Return on equity | -3.6% | -3.7% | -0.9% | 3.7% | -1.2% | 2.1% |
| Return on assets | -1.7% | -1.9% | -0.5% | 2.0% | -0.6% | 0.9% |
| Free cash flow yield | 7.3% | 3.7% | 24.0% | 9.5% | 14.9% | 13.6% |
| Revenue growth | -11.9% | 22.5% | -8.0% | 7.3% | 7.3% | 13.8% |
| Earnings growth | -4.1% | 285.4% | -124.4% | -565.5% | -157.0% | -42.6% |
| Current ratio | 1.11x | 1.31x | 1.43x | 1.61x | 1.32x | 1.42x |
| Debt to equity | 0.05x | 0.59x | 0.45x | 0.46x | 0.64x | 0.66x |
| Equity ratio | 47.9% | 51.0% | 53.2% | 53.6% | 45.5% | 44.0% |
| Interest coverage | -0.52x | -0.38x | 0.39x | 2.92x | 0.80x | 2.37x |
| R&D as a share of sales | 1.6% | 1.3% | 1.7% | 1.5% | 1.2% | 2.6% |
| Buybacks as a share of market value | 2.1% | 0.7% | -17.2% | -19.3% | 48.5% | -82.5% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -0.2% | 2.7% | 10.2% |
| Operating income | -70.2% | -43.9% | -16.0% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 6.7% | 7.3% | 7.3% | 9.3% |
| Operating margin | -0.6% | 0.7% | 0.8% | 2.0% |
| Net margin | -3.0% | -0.9% | -0.6% | 0.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -27.6 | -22.9 | -113.6 | 33.9 | -140.6 | 84.0 | 31.4 | 42.3 | 56.3 | 81.3 |
| Price to sales | 0.9 | 0.7 | 1.1 | 1.2 | 1.1 | 1.3 | 0.9 | 1.2 | 1.4 | 2.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 1 years. Last went ex-dividend on 16 May 2025.
| FY2025 | FY2023 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.01 | 0.05 | 0.04 | 0.05 | 0.08 | 0.042 | 0.034 | 0.025 |
- 1.19-for-1 split · 15 May 2019
- 2-for-1 split · 28 Apr 2011
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.