B 
2.36
-0.84%
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¥305.9m
FY2016FY2025
Net income
−CN¥338.0m
FY2016FY2025
Free cash flow
CN¥18.9m
FY2016FY2025
Shareholders' equity
CN¥1.06bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥305.9m | CN¥516.7m | CN¥682.7m | CN¥542.9m | CN¥675.2m | CN¥640.8m | CN¥722.0m | CN¥572.4m | CN¥514.9m | CN¥492.3m |
| Gross profit | CN¥182.5m | CN¥287.3m | CN¥510.4m | CN¥309.7m | CN¥399.8m | CN¥433.4m | CN¥465.0m | CN¥417.6m | CN¥352.0m | CN¥309.7m |
| Research and development | CN¥136.9m | CN¥129.5m | CN¥159.0m | CN¥140.5m | CN¥151.4m | CN¥153.3m | CN¥117.3m | CN¥71.9m | CN¥59.9m | CN¥52.5m |
| Operating income | — | −CN¥161.4m | CN¥916,923 | −CN¥235.3m | −CN¥536.6m | CN¥15.3m | CN¥16.7m | CN¥89.7m | CN¥98.5m | CN¥68.5m |
| Net income | −CN¥338.0m | −CN¥144.8m | CN¥6.6m | −CN¥187.1m | −CN¥439.7m | CN¥25.7m | CN¥22.4m | CN¥85.9m | CN¥91.5m | CN¥80.3m |
| Diluted earnings per share | -0.23 | -0.10 | 0.00 | -0.13 | -0.30 | 0.02 | 0.02 | 0.06 | 0.06 | 0.10 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥1.80bn | CN¥2.17bn | CN¥2.38bn | CN¥2.70bn | CN¥2.83bn | CN¥2.87bn | CN¥2.80bn | CN¥2.58bn | CN¥2.49bn | CN¥2.31bn |
| Cash and short-term investments | — | CN¥82.1m | CN¥211.4m | CN¥262.9m | CN¥385.0m | CN¥477.4m | CN¥595.5m | CN¥595.2m | CN¥1.05bn | CN¥1.36bn |
| Total liabilities | CN¥754.4m | CN¥778.7m | CN¥845.9m | CN¥1.15bn | CN¥1.10bn | CN¥684.7m | CN¥549.1m | CN¥312.7m | CN¥277.9m | CN¥165.7m |
| Debt | — | CN¥209.3m | CN¥184.0m | CN¥218.6m | CN¥204.0m | CN¥76.4m | CN¥100.7m | — | CN¥40.0m | — |
| Shareholders' equity | CN¥1.06bn | CN¥1.40bn | CN¥1.54bn | CN¥1.55bn | CN¥1.74bn | CN¥2.19bn | CN¥2.17bn | CN¥2.24bn | CN¥2.21bn | CN¥2.14bn |
| Shares outstanding | 1,450m | 1,454m | 1,358m | 1,457m | 1,452m | 1,432m | 1,464m | 1,457m | 1,438m | 829m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥28.2m | −CN¥72.6m | CN¥72.0m | −CN¥68.2m | −CN¥110.3m | −CN¥19.3m | −CN¥91.8m | −CN¥87.2m | −CN¥88.2m | −CN¥20.3m |
| Capital spending | −CN¥9.3m | −CN¥64.9m | −CN¥100.8m | −CN¥57.3m | −CN¥61.5m | −CN¥77.8m | −CN¥84.6m | −CN¥278.8m | −CN¥92.0m | −CN¥53.2m |
| Free cash flow | CN¥18.9m | −CN¥137.6m | −CN¥28.8m | −CN¥125.5m | −CN¥171.8m | −CN¥97.1m | −CN¥176.5m | −CN¥366.1m | −CN¥180.2m | −CN¥73.5m |
| Dividends paid | −CN¥5.3m | −CN¥7.5m | −CN¥7.6m | −CN¥6.5m | −CN¥11.0m | −CN¥4.3m | −CN¥16.3m | −CN¥18.4m | −CN¥24.2m | −CN¥12.2m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥52.3m | CN¥46.3m | CN¥189.8m | CN¥8.1m | CN¥46.3m | CN¥61.6m | CN¥138.9m | CN¥144.7m |
| Gross profit | CN¥14.7m | CN¥32.0m | CN¥102.5m | CN¥6.0m | CN¥36.4m | CN¥33.3m | CN¥11.9m | CN¥126.1m |
| Operating income | −CN¥60.4m | −CN¥39.5m | −CN¥46.2m | −CN¥76.7m | −CN¥46.3m | −CN¥64.9m | −CN¥100.5m | CN¥17.6m |
| Net income | −CN¥62.4m | −CN¥49.9m | −CN¥171.9m | −CN¥69.0m | −CN¥44.3m | −CN¥52.8m | −CN¥97.3m | CN¥18.2m |
| Diluted earnings per share | -0.04 | -0.03 | -0.12 | -0.05 | -0.03 | -0.04 | -0.07 | 0.01 |
| Cash from operations | — | — | — | CN¥14.0m | CN¥12.0m | CN¥3.0m | CN¥65.0m | −CN¥25.0m |
| Capital spending | — | — | — | −CN¥14.0m | −CN¥2.0m | −CN¥16.0m | −CN¥36.0m | −CN¥2.0m |
| Free cash flow | — | — | — | CN¥0 | CN¥10.0m | −CN¥13.0m | CN¥29.0m | −CN¥27.0m |
| Total assets | CN¥1.68bn | CN¥1.75bn | CN¥1.80bn | CN¥2.00bn | CN¥2.07bn | CN¥2.12bn | CN¥2.17bn | CN¥2.30bn |
| Cash and short-term investments | — | — | — | CN¥48.2m | CN¥73.9m | CN¥81.1m | CN¥82.1m | CN¥67.3m |
| Debt | — | — | — | CN¥218.1m | CN¥203.5m | CN¥222.4m | CN¥207.1m | CN¥215.6m |
| Shareholders' equity | CN¥944.0m | CN¥1.01bn | CN¥1.06bn | CN¥1.23bn | CN¥1.30bn | CN¥1.35bn | CN¥1.40bn | CN¥1.50bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -17.4% | -13.8% | -4.2% |
| Net income | 21.8% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 57.1% | 63.0% | 63.1% | 63.9% |
| Net margin | -58.7% | -32.4% | -32.0% | -11.8% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -26.3 | -53.0 | — | -31.8 | -20.1 | 309.9 | 476.7 | 55.8 | 62.6 | 80.1 |
| Price to sales | 29.1 | 14.8 | 9.4 | 10.9 | 13.1 | 12.4 | 14.8 | 8.4 | 11.1 | 13.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 8 Jul 2021.
| FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.004 | 0.003 | 0.01 | 0.012 | 0.016 | 0.01 | 0.011 | 0.011 |
- 5-for-2 split · 22 May 2017
- 19-for-10 split · 23 May 2016
- 2-for-1 split · 27 May 2014
- 2-for-1 split · 9 May 2013
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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