G 
4.00
-0.25%
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¥1.99bn
FY2016FY2025
Net income
−CN¥32.3m
FY2016FY2025
Free cash flow
−CN¥34.0m
FY2016FY2025
Shareholders' equity
CN¥2.62bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.99bn | CN¥1.42bn | CN¥1.80bn | CN¥2.33bn | CN¥2.67bn | CN¥2.33bn | CN¥2.69bn | CN¥3.56bn | CN¥2.24bn | CN¥1.31bn |
| Gross profit | CN¥658.4m | CN¥424.0m | CN¥559.1m | CN¥552.7m | CN¥744.3m | CN¥521.5m | CN¥700.5m | CN¥1.25bn | CN¥795.6m | CN¥587.0m |
| Research and development | CN¥257.4m | CN¥241.5m | CN¥273.5m | CN¥308.1m | CN¥356.3m | CN¥429.3m | CN¥422.6m | CN¥354.5m | CN¥166.5m | CN¥111.9m |
| Operating income | CN¥50.2m | −CN¥222.9m | −CN¥104.2m | −CN¥269.4m | CN¥18.0m | −CN¥1.20bn | −CN¥1.20bn | CN¥565.9m | CN¥448.3m | CN¥282.3m |
| Net income | −CN¥32.3m | −CN¥236.8m | −CN¥103.3m | −CN¥272.5m | CN¥43.3m | −CN¥1.10bn | −CN¥1.16bn | CN¥539.6m | CN¥408.3m | CN¥316.0m |
| Diluted earnings per share | -0.02 | -0.14 | -0.06 | -0.17 | 0.02 | -0.59 | -0.66 | 0.30 | 0.23 | 0.20 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥5.03bn | CN¥4.94bn | CN¥5.22bn | CN¥5.34bn | CN¥5.91bn | CN¥6.21bn | CN¥7.84bn | CN¥8.35bn | CN¥7.53bn | CN¥4.83bn |
| Cash and short-term investments | — | CN¥521.5m | CN¥551.8m | CN¥592.2m | CN¥779.7m | CN¥1.05bn | CN¥1.33bn | CN¥1.22bn | CN¥1.76bn | CN¥1.17bn |
| Total liabilities | CN¥2.29bn | CN¥2.14bn | CN¥2.16bn | CN¥2.17bn | CN¥2.49bn | CN¥2.80bn | CN¥3.29bn | CN¥2.67bn | CN¥2.38bn | CN¥1.05bn |
| Debt | — | CN¥121.1m | CN¥166.5m | CN¥259.3m | CN¥431.4m | CN¥680.4m | CN¥580.7m | CN¥150,000 | CN¥70.0m | CN¥280,000 |
| Shareholders' equity | CN¥2.62bn | CN¥2.64bn | CN¥2.86bn | CN¥3.11bn | CN¥3.36bn | CN¥3.34bn | CN¥4.48bn | CN¥5.60bn | CN¥5.06bn | CN¥3.76bn |
| Shares outstanding | 1,734m | 1,734m | 1,738m | 1,625m | 1,736m | 1,881m | 1,755m | 1,780m | 1,780m | 1,609m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥157.3m | CN¥59.4m | CN¥178.5m | CN¥62.9m | CN¥181.4m | −CN¥201.5m | −CN¥191.8m | −CN¥155.0m | CN¥112.6m | CN¥279.6m |
| Capital spending | −CN¥191.3m | −CN¥128.8m | −CN¥266.5m | −CN¥152.8m | −CN¥52.8m | −CN¥84.8m | −CN¥217.2m | −CN¥133.1m | −CN¥104.7m | −CN¥44.6m |
| Free cash flow | −CN¥34.0m | −CN¥69.4m | −CN¥88.0m | −CN¥89.9m | CN¥128.6m | −CN¥286.3m | −CN¥409.0m | −CN¥288.1m | CN¥7.9m | CN¥235.1m |
| Dividends paid | −CN¥5.6m | −CN¥9.1m | −CN¥6.6m | −CN¥12.3m | −CN¥27.4m | −CN¥24.1m | −CN¥48.6m | −CN¥53.0m | −CN¥33.2m | −CN¥10.9m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥456.1m | CN¥510.1m | CN¥671.2m | CN¥421.1m | CN¥520.4m | CN¥376.2m | CN¥468.9m | CN¥289.7m |
| Gross profit | CN¥168.7m | CN¥165.0m | CN¥175.3m | CN¥149.1m | CN¥190.4m | CN¥135.9m | CN¥93.9m | CN¥120.8m |
| Operating income | CN¥21.9m | CN¥27.8m | −CN¥32.9m | CN¥12.3m | CN¥32.1m | CN¥6.2m | −CN¥177.1m | −CN¥48.0m |
| Net income | CN¥9.7m | CN¥23.2m | −CN¥95.9m | CN¥37.3m | CN¥28.3m | −CN¥2.0m | −CN¥190.8m | −CN¥41.5m |
| Diluted earnings per share | 0.01 | 0.01 | -0.06 | 0.02 | 0.02 | -0.00 | -0.11 | -0.02 |
| Cash from operations | — | — | — | CN¥67.0m | −CN¥21.0m | −CN¥34.0m | CN¥131.0m | — |
| Capital spending | −CN¥12.0m | −CN¥13.0m | −CN¥39.0m | −CN¥30.0m | −CN¥21.0m | −CN¥99.0m | −CN¥31.0m | −CN¥31.0m |
| Free cash flow | — | — | — | CN¥37.0m | −CN¥42.0m | −CN¥133.0m | CN¥100.0m | — |
| Total assets | CN¥5.20bn | CN¥5.07bn | CN¥5.03bn | CN¥4.97bn | CN¥4.95bn | CN¥4.84bn | CN¥4.94bn | CN¥5.00bn |
| Cash and short-term investments | — | — | — | CN¥416.9m | CN¥388.5m | CN¥418.0m | CN¥521.5m | CN¥418.6m |
| Debt | — | — | — | CN¥290.2m | CN¥207.6m | CN¥186.5m | CN¥114.5m | CN¥98.9m |
| Shareholders' equity | CN¥2.66bn | CN¥2.65bn | CN¥2.62bn | CN¥2.72bn | CN¥2.68bn | CN¥2.65bn | CN¥2.64bn | CN¥2.83bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -5.2% | -3.1% | 6.3% |
| Operating income | — | — | -9.5% |
| Net income | -50.9% | -50.6% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 31.8% | 29.1% | 27.6% | 30.3% |
| Operating margin | -5.1% | -7.2% | -13.8% | -6.4% |
| Net margin | -7.9% | -8.6% | -13.6% | -6.2% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -328.0 | -40.1 | -68.3 | -18.3 | 210.5 | -6.9 | -9.0 | 22.3 | 38.7 | 53.9 |
| Price to sales | 5.3 | 6.7 | 3.9 | 2.1 | 3.4 | 3.3 | 3.9 | 3.4 | 7.1 | 13.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 8 Jul 2019.
| FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2012 | FY2011 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.02 | 0.027 | 0.02 | 0.007 | 0.029 | 0.013 | 0.031 | 0.048 |
- 1.497-for-1 split · 25 May 2018
- 8-for-5 split · 7 May 2015
- 2-for-1 split · 29 May 2012
- 13-for-10 split · 18 May 2011
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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