K 
45.18
-0.92%
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¥3.00bn
FY2016FY2025
Net income
CN¥175.1m
FY2016FY2025
Free cash flow
−CN¥209.6m
FY2016FY2025
Shareholders' equity
CN¥2.10bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥3.00bn | CN¥2.85bn | CN¥2.71bn | CN¥2.62bn | CN¥2.05bn | CN¥1.32bn | CN¥1.39bn | CN¥1.17bn | CN¥637.7m | CN¥490.3m |
| Gross profit | CN¥744.7m | CN¥721.5m | CN¥682.2m | CN¥775.4m | CN¥508.0m | CN¥353.3m | CN¥381.9m | CN¥280.6m | CN¥158.7m | CN¥127.9m |
| Research and development | CN¥132.3m | CN¥123.2m | CN¥110.3m | CN¥95.8m | CN¥74.3m | CN¥64.8m | CN¥61.7m | CN¥51.4m | CN¥21.1m | CN¥17.9m |
| Operating income | CN¥276.5m | CN¥269.4m | CN¥262.3m | CN¥401.8m | CN¥217.9m | CN¥90.3m | CN¥96.5m | CN¥56.9m | CN¥37.9m | CN¥24.2m |
| Net income | CN¥175.1m | CN¥226.3m | CN¥235.9m | CN¥344.8m | CN¥169.8m | CN¥82.6m | CN¥62.3m | CN¥38.6m | CN¥21.6m | CN¥12.2m |
| Diluted earnings per share | 0.43 | 0.56 | 0.58 | 0.84 | 0.42 | 0.20 | 0.10 | 0.11 | 0.06 | 0.03 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥5.66bn | CN¥5.09bn | CN¥4.35bn | CN¥3.68bn | CN¥2.94bn | CN¥2.37bn | CN¥2.37bn | CN¥1.93bn | CN¥1.15bn | CN¥1.01bn |
| Cash and short-term investments | — | CN¥533.5m | CN¥296.2m | CN¥266.6m | CN¥286.7m | CN¥278.8m | CN¥418.2m | CN¥146.9m | CN¥92.0m | CN¥52.1m |
| Total liabilities | CN¥3.56bn | CN¥3.13bn | CN¥2.56bn | CN¥2.08bn | CN¥1.66bn | CN¥1.25bn | CN¥1.54bn | CN¥1.20bn | CN¥466.0m | CN¥344.5m |
| Debt | CN¥885.7m | CN¥1.37bn | CN¥1.21bn | CN¥1.01bn | CN¥854.1m | CN¥722.4m | CN¥935.9m | CN¥691.2m | CN¥213.8m | CN¥199.6m |
| Shareholders' equity | CN¥2.10bn | CN¥1.95bn | CN¥1.78bn | CN¥1.60bn | CN¥1.27bn | CN¥1.11bn | CN¥825.2m | CN¥722.5m | CN¥677.9m | CN¥655.9m |
| Shares outstanding | 405m | 405m | 408m | 410m | 408m | 413m | 607m | 366m | 337m | 379m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥219.2m | CN¥426.1m | CN¥219.1m | −CN¥25.8m | CN¥174.4m | CN¥109.1m | CN¥90.2m | CN¥157.2m | CN¥39.4m | CN¥72.3m |
| Capital spending | −CN¥428.8m | −CN¥310.4m | −CN¥439.3m | −CN¥226.5m | −CN¥151.1m | −CN¥94.4m | −CN¥47.8m | −CN¥26.4m | −CN¥14.1m | −CN¥12.5m |
| Free cash flow | −CN¥209.6m | CN¥115.7m | −CN¥220.2m | −CN¥252.3m | CN¥23.3m | CN¥14.7m | CN¥42.4m | CN¥130.8m | CN¥25.3m | CN¥59.8m |
| Dividends paid | −CN¥67.8m | −CN¥61.0m | −CN¥36.2m | −CN¥47.0m | −CN¥49.1m | −CN¥42.4m | −CN¥59.9m | −CN¥39.5m | −CN¥11.2m | −CN¥9.4m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥777.9m | CN¥768.0m | CN¥743.1m | CN¥845.3m | CN¥736.5m | CN¥672.8m | CN¥687.5m | CN¥743.3m |
| Gross profit | CN¥191.5m | CN¥170.5m | CN¥207.8m | CN¥192.2m | CN¥180.8m | CN¥160.2m | CN¥181.1m | CN¥179.3m |
| Operating income | CN¥83.8m | CN¥73.5m | CN¥69.2m | CN¥60.1m | CN¥62.7m | CN¥56.9m | CN¥44.9m | CN¥64.8m |
| Net income | CN¥47.1m | CN¥52.8m | CN¥29.8m | CN¥37.1m | CN¥57.1m | CN¥51.0m | CN¥28.3m | CN¥57.6m |
| Diluted earnings per share | 0.12 | 0.13 | 0.07 | 0.09 | 0.14 | 0.13 | 0.07 | 0.14 |
| Cash from operations | — | — | — | CN¥34.0m | CN¥15.0m | CN¥114.0m | CN¥218.0m | CN¥115.0m |
| Capital spending | −CN¥122.0m | −CN¥91.0m | −CN¥152.0m | −CN¥44.0m | −CN¥122.0m | −CN¥109.0m | −CN¥102.0m | −CN¥72.0m |
| Free cash flow | — | — | — | −CN¥10.0m | −CN¥107.0m | CN¥5.0m | CN¥116.0m | CN¥43.0m |
| Total assets | CN¥6.09bn | CN¥5.73bn | CN¥5.66bn | CN¥5.45bn | CN¥5.18bn | CN¥5.09bn | CN¥5.09bn | CN¥4.81bn |
| Cash and short-term investments | — | — | — | CN¥481.7m | CN¥489.7m | CN¥534.5m | CN¥533.5m | CN¥458.1m |
| Debt | CN¥1.06bn | CN¥1.10bn | CN¥885.7m | CN¥1.00bn | CN¥1.58bn | CN¥1.33bn | CN¥1.34bn | CN¥1.23bn |
| Shareholders' equity | CN¥2.18bn | CN¥2.15bn | CN¥2.10bn | CN¥2.08bn | CN¥2.06bn | CN¥2.00bn | CN¥1.95bn | CN¥1.93bn |
Financial ratios
Data as of 22 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 24.8% | 25.3% | 25.2% | 29.6% | 24.7% | 26.7% |
| Operating margin | 9.2% | 9.5% | 9.7% | 15.3% | 10.6% | 6.8% |
| Net margin | 5.8% | 7.9% | 8.7% | 13.2% | 8.3% | 6.2% |
| Return on equity | 8.4% | 11.6% | 13.3% | 21.6% | 13.4% | 7.4% |
| Return on assets | 3.1% | 4.5% | 5.4% | 9.4% | 5.8% | 3.5% |
| Free cash flow yield | 2.5% | 2.9% | 2.5% | 0.8% | 1.3% | 0.8% |
| Revenue growth | 5.2% | 5.1% | 3.5% | 27.5% | 55.3% | -4.6% |
| Earnings growth | -22.7% | -4.1% | -31.6% | 103.0% | 105.7% | 32.5% |
| Current ratio | 1.22x | 1.32x | 1.35x | 1.39x | 1.36x | 1.44x |
| Debt to equity | 0.42x | 0.69x | 0.67x | 0.62x | 0.65x | 0.62x |
| Equity ratio | 37.0% | 38.3% | 40.9% | 43.4% | 43.1% | 46.9% |
| Interest coverage | 5.56x | 5.45x | 5.43x | 8.79x | 6.89x | 2.54x |
| R&D as a share of sales | 4.4% | 4.3% | 4.1% | 3.7% | 3.6% | 4.9% |
| Buybacks as a share of market value | 0.0% | 0.6% | 0.5% | -0.5% | 1.2% | 32.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 4.6% | 17.8% | 21.5% |
| Operating income | -11.7% | 25.1% | — |
| Net income | -20.2% | 16.2% | 55.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 25.1% | 26.2% | 26.0% | 25.9% |
| Operating margin | 9.3% | 10.8% | 10.4% | 9.3% |
| Net margin | 6.9% | 8.8% | 8.5% | 7.3% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 131.7 | 48.5 | 52.6 | 44.3 | 62.9 | 46.6 | 63.7 | 47.0 | 125.1 | 289.7 |
| Price to sales | 7.7 | 3.9 | 4.6 | 5.8 | 5.2 | 2.9 | 2.9 | 1.5 | 4.2 | 7.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 9 years. Last went ex-dividend on 15 Jul 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.05 | 0.06 | 0.06 | 0.16 | 0.044 | 0.028 | 0.056 | 0.056 |
- 9-for-5 split · 16 Jun 2023
- 2-for-1 split · 15 Jun 2017
- 3-for-2 split · 19 Jun 2012
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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