P 
23.65
-2.35%
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¥3.42bn
FY2016FY2025
Net income
CN¥96.3m
FY2016FY2025
Free cash flow
CN¥464.4m
FY2016FY2025
Shareholders' equity
CN¥5.35bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥3.42bn | CN¥3.01bn | CN¥3.67bn | CN¥7.03bn | CN¥3.11bn | CN¥2.07bn | CN¥1.55bn | CN¥1.18bn | CN¥1.18bn | CN¥1.33bn |
| Gross profit | CN¥1.02bn | CN¥702.6m | CN¥1.44bn | CN¥3.64bn | CN¥1.26bn | CN¥835.0m | CN¥549.9m | CN¥389.9m | CN¥428.6m | CN¥500.0m |
| Research and development | CN¥267.6m | CN¥338.5m | CN¥452.2m | CN¥519.5m | CN¥263.8m | CN¥157.8m | CN¥122.6m | CN¥76.2m | CN¥75.3m | CN¥72.6m |
| Operating income | CN¥125.5m | −CN¥334.4m | CN¥268.9m | CN¥2.27bn | CN¥565.6m | CN¥355.5m | CN¥194.7m | CN¥154.0m | CN¥163.3m | CN¥232.4m |
| Net income | CN¥96.3m | −CN¥287.8m | CN¥266.9m | CN¥2.01bn | CN¥523.9m | CN¥324.4m | CN¥185.6m | CN¥124.5m | CN¥107.4m | CN¥171.2m |
| Diluted earnings per share | 0.18 | -0.53 | 0.49 | 3.74 | 0.96 | 0.59 | 0.35 | 0.23 | 0.24 | 0.39 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥8.55bn | CN¥8.82bn | CN¥9.38bn | CN¥10.14bn | CN¥6.56bn | CN¥4.50bn | CN¥3.96bn | CN¥4.37bn | CN¥2.85bn | CN¥2.87bn |
| Cash and short-term investments | — | CN¥1.47bn | CN¥1.97bn | CN¥2.85bn | CN¥1.22bn | CN¥1.27bn | CN¥1.17bn | CN¥2.06bn | CN¥307.6m | CN¥458.6m |
| Total liabilities | CN¥3.05bn | CN¥3.40bn | CN¥3.28bn | CN¥3.67bn | CN¥2.38bn | CN¥1.10bn | CN¥891.2m | CN¥1.49bn | CN¥1.40bn | CN¥1.50bn |
| Debt | CN¥481.3m | CN¥1.57bn | CN¥1.71bn | CN¥923.8m | CN¥740.8m | CN¥412.6m | CN¥347.4m | CN¥1.15bn | CN¥958.0m | CN¥1.04bn |
| Shareholders' equity | CN¥5.35bn | CN¥5.20bn | CN¥5.80bn | CN¥6.00bn | CN¥3.98bn | CN¥3.39bn | CN¥3.07bn | CN¥2.88bn | CN¥1.38bn | CN¥1.28bn |
| Shares outstanding | 542m | 543m | 546m | 536m | 546m | 551m | 535m | 550m | 441m | 434m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥757.0m | CN¥405.5m | CN¥629.1m | CN¥2.56bn | CN¥480.2m | CN¥504.4m | CN¥351.4m | CN¥193.6m | CN¥289.5m | CN¥285.3m |
| Capital spending | −CN¥292.6m | −CN¥490.6m | −CN¥1.13bn | −CN¥1.17bn | −CN¥777.0m | −CN¥394.0m | −CN¥175.1m | −CN¥168.1m | −CN¥158.7m | −CN¥188.6m |
| Free cash flow | CN¥464.4m | −CN¥85.1m | −CN¥500.8m | CN¥1.39bn | −CN¥296.8m | CN¥110.4m | CN¥176.3m | CN¥25.5m | CN¥130.8m | CN¥96.8m |
| Dividends paid | −CN¥30.1m | −CN¥301.5m | −CN¥626.6m | −CN¥105.0m | −CN¥65.4m | −CN¥55.8m | −CN¥25.1m | −CN¥74.4m | −CN¥76.0m | −CN¥55.8m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥903.8m | CN¥886.0m | CN¥875.4m | CN¥923.5m | CN¥819.8m | CN¥801.2m | CN¥886.7m | CN¥773.2m |
| Gross profit | CN¥305.8m | CN¥271.1m | CN¥289.6m | CN¥286.5m | CN¥236.8m | CN¥211.0m | CN¥207.8m | CN¥260.9m |
| Operating income | CN¥88.1m | CN¥51.4m | CN¥62.5m | CN¥44.0m | CN¥25.5m | −CN¥3.8m | −CN¥48.3m | −CN¥24.1m |
| Net income | −CN¥252.1m | CN¥27.9m | CN¥16.4m | CN¥52.9m | CN¥31.3m | −CN¥4.3m | −CN¥81.3m | −CN¥36.4m |
| Diluted earnings per share | -0.46 | 0.05 | 0.03 | 0.10 | 0.06 | -0.01 | -0.15 | -0.07 |
| Cash from operations | — | — | — | CN¥126.0m | CN¥164.0m | CN¥85.0m | — | CN¥65.0m |
| Capital spending | −CN¥30.0m | −CN¥18.0m | −CN¥3.0m | −CN¥58.0m | −CN¥121.0m | −CN¥109.0m | −CN¥75.0m | −CN¥111.0m |
| Free cash flow | — | — | — | CN¥68.0m | CN¥43.0m | −CN¥24.0m | — | −CN¥46.0m |
| Total assets | CN¥7.85bn | CN¥8.48bn | CN¥8.55bn | CN¥8.58bn | CN¥8.70bn | CN¥8.65bn | CN¥8.82bn | CN¥8.92bn |
| Cash and short-term investments | — | — | — | CN¥1.33bn | CN¥1.54bn | CN¥1.44bn | CN¥1.47bn | CN¥1.40bn |
| Debt | CN¥493.6m | CN¥428.0m | CN¥481.3m | CN¥832.6m | CN¥794.1m | CN¥979.8m | CN¥975.0m | CN¥1.07bn |
| Shareholders' equity | CN¥4.96bn | CN¥5.36bn | CN¥5.35bn | CN¥5.33bn | CN¥5.29bn | CN¥5.21bn | CN¥5.20bn | CN¥5.31bn |
Financial ratios
Data as of 3 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 29.9% | 23.3% | 39.2% | 51.7% | 40.6% | 40.3% |
| Operating margin | 3.9% | -11.1% | 7.3% | 32.2% | 18.2% | 17.2% |
| Net margin | 2.8% | -9.6% | 7.3% | 28.5% | 16.9% | 15.7% |
| Return on equity | 1.8% | -5.5% | 4.6% | 33.4% | 13.2% | 9.6% |
| Return on assets | 1.1% | -3.3% | 2.8% | 19.8% | 8.0% | 7.2% |
| Free cash flow yield | 7.9% | 6.7% | 13.1% | 28.4% | 9.4% | 6.6% |
| Revenue growth | 13.5% | -17.9% | -47.9% | 126.6% | 49.9% | 33.6% |
| Earnings growth | -133.5% | -207.8% | -86.7% | 282.8% | 61.5% | 74.8% |
| Current ratio | 1.82x | 1.90x | 2.63x | 1.81x | 1.52x | 2.22x |
| Debt to equity | 0.09x | 0.19x | 0.19x | 0.10x | 0.13x | 0.07x |
| Equity ratio | 62.6% | 59.0% | 61.8% | 59.2% | 60.7% | 75.4% |
| Interest coverage | 2.64x | -5.25x | 5.76x | 65.74x | 24.37x | 13.84x |
| R&D as a share of sales | 7.8% | 11.2% | 12.3% | 7.4% | 8.5% | 7.6% |
| Buybacks as a share of market value | 0.1% | 0.6% | -1.9% | 1.8% | 0.9% | -2.9% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -21.4% | 10.5% | 12.8% |
| Operating income | -61.9% | -18.8% | -0.3% |
| Net income | -63.6% | -21.6% | -1.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 26.8% | 39.7% | 39.9% | 38.8% |
| Operating margin | -3.2% | 13.6% | 14.5% | 14.4% |
| Net margin | -3.0% | 12.1% | 13.1% | 12.7% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 130.8 | -29.8 | 51.5 | 10.9 | 93.2 | 62.0 | 41.3 | 39.2 | 54.5 | 50.8 |
| Price to sales | 3.7 | 2.8 | 3.8 | 3.1 | 15.7 | 9.7 | 4.9 | 4.1 | 5.0 | 6.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 12 May 2026.
| FY2026 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.09 | 0.487 | 1.106 | 0.193 | 0.121 | 0.104 | 0.047 | 0.026 |
- 3-for-2 split · 29 Sept 2015
- 5-for-2 split · 26 Mar 2015
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.