9.22
-1.81%
Close of 9 Nov 2026, in CNY
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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¥601.7m
FY2016FY2025
Net income
−CN¥378.8m
FY2016FY2025
Free cash flow
−CN¥283.9m
FY2016FY2025
Shareholders' equity
CN¥3.16bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥601.7m | CN¥713.3m | CN¥1.21bn | CN¥1.53bn | CN¥1.48bn | CN¥1.41bn | CN¥1.26bn | CN¥1.29bn | CN¥1.20bn | CN¥967.3m |
| Gross profit | CN¥125.8m | CN¥96.8m | CN¥484.1m | CN¥598.7m | CN¥567.1m | CN¥467.5m | CN¥410.3m | CN¥356.3m | CN¥419.5m | CN¥351.3m |
| Research and development | CN¥94.0m | CN¥99.3m | CN¥110.5m | CN¥105.2m | CN¥98.8m | CN¥90.0m | CN¥88.1m | CN¥76.8m | CN¥45.1m | CN¥31.6m |
| Operating income | −CN¥170.5m | −CN¥444.4m | CN¥132.5m | CN¥280.7m | CN¥231.9m | CN¥168.7m | CN¥141.0m | CN¥124.4m | CN¥201.9m | CN¥118.9m |
| Net income | −CN¥378.8m | −CN¥395.7m | CN¥134.4m | CN¥254.6m | CN¥206.7m | CN¥158.7m | CN¥130.7m | CN¥117.2m | CN¥169.6m | CN¥131.4m |
| Diluted earnings per share | -0.62 | -0.64 | 0.22 | 0.41 | 0.42 | 0.33 | 0.10 | 0.26 | 0.40 | 0.35 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥3.82bn | CN¥4.36bn | CN¥4.88bn | CN¥4.75bn | CN¥4.36bn | CN¥4.06bn | CN¥3.11bn | CN¥3.09bn | CN¥3.06bn | CN¥2.35bn |
| Cash and short-term investments | — | CN¥1.75bn | CN¥1.90bn | CN¥1.72bn | CN¥1.66bn | CN¥1.59bn | CN¥753.0m | CN¥807.1m | CN¥694.7m | CN¥400.5m |
| Total liabilities | CN¥654.7m | CN¥823.9m | CN¥810.8m | CN¥924.6m | CN¥872.7m | CN¥946.1m | CN¥744.3m | CN¥908.0m | CN¥1.01bn | CN¥906.3m |
| Debt | — | CN¥28.2m | CN¥20.0m | CN¥11.8m | CN¥13.7m | CN¥30.0m | CN¥90.0m | CN¥167.0m | CN¥91.5m | CN¥121.6m |
| Shareholders' equity | CN¥3.16bn | CN¥3.52bn | CN¥4.06bn | CN¥3.82bn | CN¥3.48bn | CN¥3.10bn | CN¥2.35bn | CN¥2.17bn | CN¥2.04bn | CN¥1.40bn |
| Shares outstanding | 614m | 614m | 621m | 627m | 494m | 482m | 1,258m | 444m | 423m | 370m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥45.7m | CN¥8.6m | CN¥166.7m | CN¥53.9m | CN¥101.7m | CN¥225.7m | CN¥183.8m | CN¥175.7m | −CN¥36.0m | CN¥23.2m |
| Capital spending | −CN¥329.6m | −CN¥69.8m | −CN¥60.6m | −CN¥52.1m | −CN¥84.6m | −CN¥45.4m | −CN¥70.0m | −CN¥40.5m | −CN¥42.1m | −CN¥43.0m |
| Free cash flow | −CN¥283.9m | −CN¥61.1m | CN¥106.1m | CN¥1.9m | CN¥17.0m | CN¥180.2m | CN¥113.7m | CN¥135.2m | −CN¥78.2m | −CN¥19.8m |
| Dividends paid | — | −CN¥30.7m | −CN¥26.0m | −CN¥25.3m | −CN¥19.7m | −CN¥17.2m | −CN¥12.8m | −CN¥19.3m | −CN¥16.9m | −CN¥15.3m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥133.1m | CN¥191.9m | CN¥81.0m | CN¥199.3m | CN¥139.0m | CN¥182.4m | CN¥15.7m | CN¥159.0m |
| Gross profit | CN¥42.1m | CN¥82.4m | −CN¥37.8m | CN¥53.2m | CN¥43.0m | CN¥67.5m | −CN¥157.9m | CN¥20.1m |
| Operating income | −CN¥40.4m | CN¥10.2m | −CN¥112.4m | −CN¥41.5m | −CN¥35.1m | CN¥6.6m | −CN¥461.6m | −CN¥58.9m |
| Net income | −CN¥16.4m | CN¥10.7m | −CN¥326.6m | −CN¥33.5m | −CN¥25.6m | CN¥6.9m | −CN¥416.2m | −CN¥51.5m |
| Diluted earnings per share | -0.03 | 0.02 | -0.53 | -0.05 | -0.04 | 0.01 | -0.68 | -0.08 |
| Cash from operations | — | — | — | −CN¥21.0m | −CN¥15.0m | −CN¥45.0m | — | −CN¥23.0m |
| Capital spending | −CN¥21.0m | −CN¥28.0m | −CN¥16.0m | −CN¥21.0m | −CN¥43.0m | −CN¥247.0m | −CN¥20.0m | −CN¥13.0m |
| Free cash flow | — | — | — | −CN¥42.0m | −CN¥58.0m | −CN¥292.0m | — | −CN¥36.0m |
| Total assets | CN¥3.78bn | CN¥3.79bn | CN¥3.82bn | CN¥4.07bn | CN¥4.07bn | CN¥4.26bn | CN¥4.36bn | CN¥4.78bn |
| Cash and short-term investments | — | — | — | CN¥1.32bn | CN¥1.36bn | CN¥1.42bn | CN¥1.75bn | CN¥1.56bn |
| Debt | — | — | — | CN¥11.4m | CN¥1.8m | CN¥3.9m | CN¥24.2m | — |
| Shareholders' equity | CN¥3.16bn | CN¥3.17bn | CN¥3.16bn | CN¥3.49bn | CN¥3.51bn | CN¥3.53bn | CN¥3.52bn | CN¥3.96bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -26.7% | -15.7% | -0.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 16.9% | 32.2% | 33.7% | 33.6% |
| Operating margin | -46.8% | -5.0% | 2.9% | 7.1% |
| Net margin | -58.9% | -9.5% | -0.3% | 5.3% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -24.9 | -26.8 | 81.3 | 36.0 | 35.9 | 29.6 | 91.4 | 34.4 | 33.6 | 43.8 |
| Price to sales | 15.7 | 14.9 | 9.0 | 6.0 | 5.0 | 3.3 | 9.5 | 3.1 | 4.7 | 5.9 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 30 May 2024.
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.05 | 0.05 | 0.038 | 0.033 | 0.033 | 0.025 | 0.025 | 0.025 |
- 6-for-5 split · 10 Jul 2023
- 2-for-1 split · 25 May 2015
- 3-for-2 split · 28 May 2014
- 3-for-2 split · 31 May 2013
- 3-for-2 split · 26 May 2011
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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