B 
3.26
-1.21%
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¥7.78bn
FY2016FY2025
Net income
CN¥61.0m
FY2016FY2025
Free cash flow
−CN¥957.8m
FY2016FY2025
Shareholders' equity
CN¥27.32bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥7.78bn | CN¥8.55bn | CN¥8.95bn | CN¥8.69bn | CN¥9.55bn | CN¥9.62bn | CN¥12.26bn | CN¥11.52bn | CN¥13.77bn | CN¥8.89bn |
| Gross profit | CN¥1.91bn | CN¥2.49bn | CN¥2.59bn | CN¥2.59bn | CN¥2.79bn | CN¥2.87bn | CN¥3.78bn | CN¥3.43bn | CN¥3.99bn | CN¥2.79bn |
| Research and development | CN¥248.9m | CN¥306.1m | CN¥313.3m | CN¥204.1m | CN¥227.6m | CN¥198.7m | CN¥214.1m | CN¥245.2m | CN¥240.7m | CN¥185.9m |
| Operating income | CN¥391.1m | CN¥761.0m | CN¥995.5m | CN¥1.14bn | CN¥1.30bn | CN¥1.72bn | CN¥2.29bn | CN¥2.03bn | CN¥3.04bn | CN¥2.03bn |
| Net income | CN¥61.0m | CN¥58.6m | CN¥764.7m | CN¥709.7m | CN¥583.8m | CN¥1.14bn | CN¥1.38bn | CN¥1.24bn | CN¥2.51bn | CN¥1.85bn |
| Diluted earnings per share | 0.02 | 0.02 | 0.21 | 0.20 | 0.21 | 0.36 | 0.49 | 0.42 | 0.79 | 0.60 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥81.24bn | CN¥79.74bn | CN¥76.53bn | CN¥72.65bn | CN¥70.83bn | CN¥68.94bn | CN¥67.39bn | CN¥56.69bn | CN¥45.64bn | CN¥31.81bn |
| Cash and short-term investments | — | CN¥4.25bn | CN¥4.20bn | CN¥5.61bn | CN¥4.10bn | CN¥6.07bn | CN¥6.21bn | CN¥6.33bn | CN¥6.13bn | CN¥9.06bn |
| Total liabilities | CN¥50.68bn | CN¥49.58bn | CN¥46.33bn | CN¥43.20bn | CN¥42.70bn | CN¥45.23bn | CN¥44.28bn | CN¥34.84bn | CN¥25.76bn | CN¥15.47bn |
| Debt | CN¥17.60bn | CN¥23.70bn | CN¥28.56bn | CN¥23.19bn | CN¥23.44bn | CN¥22.43bn | CN¥22.47bn | CN¥17.06bn | CN¥12.41bn | CN¥4.86bn |
| Shareholders' equity | CN¥27.32bn | CN¥27.26bn | CN¥27.49bn | CN¥26.78bn | CN¥25.26bn | CN¥20.73bn | CN¥20.13bn | CN¥18.81bn | CN¥18.07bn | CN¥15.52bn |
| Shares outstanding | 3,624m | 3,621m | 3,621m | 3,556m | 2,803m | 3,210m | 2,812m | 2,995m | 3,166m | 3,097m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥1.21bn | −CN¥237.7m | CN¥331.1m | CN¥267.2m | −CN¥1.63bn | CN¥1.55bn | CN¥3.32bn | CN¥1.30bn | CN¥2.51bn | CN¥751.8m |
| Capital spending | −CN¥2.17bn | −CN¥1.90bn | −CN¥1.26bn | −CN¥813.5m | −CN¥1.06bn | −CN¥4.01bn | −CN¥7.60bn | −CN¥6.55bn | −CN¥10.02bn | −CN¥3.72bn |
| Free cash flow | −CN¥957.8m | −CN¥2.14bn | −CN¥924.2m | −CN¥546.3m | −CN¥2.69bn | −CN¥2.46bn | −CN¥4.28bn | −CN¥5.24bn | −CN¥7.51bn | −CN¥2.97bn |
| Dividends paid | −CN¥1.04bn | −CN¥1.23bn | −CN¥1.27bn | −CN¥94.2m | −CN¥94.2m | −CN¥174.1m | −CN¥1.12bn | −CN¥1.00bn | −CN¥489.4m | −CN¥227.5m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.49bn | CN¥1.30bn | CN¥3.41bn | CN¥1.44bn | CN¥1.34bn | CN¥1.59bn | CN¥3.80bn | CN¥1.30bn |
| Gross profit | CN¥395.1m | CN¥315.9m | CN¥861.4m | CN¥356.4m | CN¥349.6m | CN¥341.9m | CN¥1.17bn | CN¥359.8m |
| Operating income | CN¥231.5m | CN¥146.6m | CN¥690.8m | CN¥120.2m | −CN¥150.2m | CN¥160.1m | CN¥371.6m | CN¥144.0m |
| Net income | −CN¥30.0m | CN¥60.5m | CN¥140.6m | CN¥27.3m | −CN¥167.0m | CN¥60.0m | CN¥101.5m | CN¥29.7m |
| Diluted earnings per share | -0.01 | 0.02 | 0.04 | 0.01 | -0.05 | 0.02 | 0.03 | 0.01 |
| Cash from operations | — | — | — | −CN¥197.0m | CN¥271.0m | −CN¥21.0m | — | −CN¥114.0m |
| Capital spending | −CN¥213.0m | −CN¥590.0m | −CN¥624.0m | −CN¥457.0m | −CN¥632.0m | −CN¥453.0m | −CN¥561.0m | −CN¥441.0m |
| Free cash flow | — | — | — | −CN¥654.0m | −CN¥361.0m | −CN¥474.0m | — | −CN¥555.0m |
| Total assets | CN¥82.39bn | CN¥81.73bn | CN¥81.24bn | CN¥82.40bn | CN¥81.63bn | CN¥81.19bn | CN¥79.74bn | CN¥79.06bn |
| Cash and short-term investments | — | — | — | CN¥4.53bn | CN¥4.33bn | CN¥4.31bn | CN¥4.25bn | CN¥4.10bn |
| Debt | CN¥18.90bn | CN¥19.13bn | CN¥17.60bn | CN¥9.69bn | CN¥23.82bn | CN¥24.40bn | CN¥23.58bn | CN¥26.06bn |
| Shareholders' equity | CN¥27.40bn | CN¥27.35bn | CN¥27.32bn | CN¥27.20bn | CN¥27.17bn | CN¥27.33bn | CN¥27.26bn | CN¥27.14bn |
Financial ratios
Data as of 1 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 24.5% | 29.1% | 28.9% | 29.8% | 29.2% | 29.8% |
| Operating margin | 5.0% | 8.9% | 11.1% | 13.1% | 13.6% | 17.9% |
| Net margin | 0.8% | 0.7% | 8.5% | 8.2% | 6.1% | 11.9% |
| Return on equity | 0.2% | 0.2% | 2.8% | 2.7% | 2.3% | 5.5% |
| Return on assets | 0.1% | 0.1% | 1.0% | 1.0% | 0.8% | 1.7% |
| Free cash flow yield | 27.3% | 13.4% | 12.8% | 8.9% | -5.9% | 50.6% |
| Revenue growth | -8.9% | -4.5% | 3.0% | -9.0% | -0.7% | -21.5% |
| Earnings growth | 4.1% | -92.3% | 7.7% | 21.6% | -48.9% | -17.2% |
| Current ratio | 0.88x | 0.88x | 0.86x | 1.01x | 1.13x | 0.99x |
| Debt to equity | 0.64x | 0.86x | 0.97x | 0.83x | 0.92x | 1.08x |
| Equity ratio | 33.6% | 34.2% | 35.9% | 36.9% | 35.7% | 30.1% |
| Interest coverage | 0.40x | 0.64x | 0.83x | 0.95x | 1.26x | 1.37x |
| R&D as a share of sales | 3.2% | 3.6% | 3.5% | 2.3% | 2.4% | 2.1% |
| Buybacks as a share of market value | -0.1% | 0.0% | -1.8% | -26.9% | 12.7% | -14.2% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -3.6% | -4.1% | 4.1% |
| Operating income | -30.0% | -25.6% | -13.6% |
| Net income | -55.9% | -44.4% | -26.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 26.9% | 28.2% | 28.7% | 29.9% |
| Operating margin | 7.1% | 9.7% | 11.9% | 16.6% |
| Net margin | 0.7% | 4.7% | 6.2% | 11.1% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 233.6 | 312.7 | 23.6 | 23.7 | 34.5 | 21.5 | 15.5 | 18.8 | 21.9 | 29.4 |
| Price to sales | 1.8 | 2.1 | 2.0 | 1.9 | 2.1 | 2.5 | 1.7 | 2.0 | 4.0 | 6.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 15 years. Last went ex-dividend on 26 Jun 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.004 | 0.004 | 0.043 | 0.03 | 0.026 | 0.055 | 0.066 | 0.039 |
- 2.464-for-1 split · 16 May 2016
- 6-for-5 split · 17 Jun 2014
- 1.599-for-1 split · 14 May 2013
- 17-for-10 split · 11 May 2012
- 11-for-5 split · 18 May 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.