K 
40.13
+3.59%
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¥8.20bn
FY2016FY2025
Net income
−CN¥1.59bn
FY2016FY2025
Free cash flow
−CN¥940.8m
FY2016FY2025
Shareholders' equity
CN¥13.19bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥8.20bn | CN¥5.66bn | CN¥4.92bn | CN¥4.74bn | CN¥4.85bn | CN¥4.63bn | CN¥3.69bn | CN¥3.58bn | CN¥3.44bn | CN¥2.42bn |
| Gross profit | CN¥5.62bn | CN¥4.17bn | CN¥3.88bn | CN¥3.73bn | CN¥3.48bn | CN¥3.32bn | CN¥2.90bn | CN¥2.96bn | CN¥2.74bn | CN¥1.28bn |
| Research and development | CN¥1.68bn | CN¥1.54bn | CN¥967.6m | CN¥690.3m | CN¥596.3m | CN¥510.9m | CN¥283.0m | CN¥388.6m | CN¥336.9m | CN¥101.0m |
| Operating income | −CN¥1.78bn | −CN¥704.0m | CN¥1.93bn | CN¥1.40bn | CN¥1.56bn | CN¥5.68bn | CN¥988.3m | CN¥1.51bn | CN¥1.13bn | CN¥156.2m |
| Net income | −CN¥1.59bn | −CN¥1.59bn | CN¥1.26bn | CN¥1.15bn | CN¥1.55bn | CN¥5.04bn | CN¥1.30bn | CN¥1.01bn | CN¥998.7m | CN¥531.5m |
| Diluted earnings per share | -1.27 | -1.30 | 1.01 | 0.93 | 1.31 | 4.33 | 1.12 | 0.91 | 0.89 | 0.49 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥20.23bn | CN¥20.68bn | CN¥21.48bn | CN¥17.56bn | CN¥17.90bn | CN¥17.54bn | CN¥10.26bn | CN¥9.39bn | CN¥12.06bn | CN¥6.31bn |
| Cash and short-term investments | — | CN¥3.75bn | CN¥2.67bn | CN¥2.50bn | CN¥2.82bn | CN¥3.77bn | CN¥2.87bn | CN¥2.94bn | CN¥2.11bn | CN¥1.08bn |
| Total liabilities | CN¥4.59bn | CN¥3.69bn | CN¥3.59bn | CN¥3.02bn | CN¥4.61bn | CN¥4.09bn | CN¥5.57bn | CN¥3.53bn | CN¥3.20bn | CN¥3.13bn |
| Debt | — | CN¥1.47bn | CN¥1.46bn | CN¥802.5m | CN¥1.56bn | CN¥1.63bn | CN¥2.72bn | CN¥2.32bn | CN¥2.28bn | CN¥1.72bn |
| Shareholders' equity | CN¥13.19bn | CN¥14.27bn | CN¥15.17bn | CN¥12.70bn | CN¥10.38bn | CN¥10.34bn | CN¥4.69bn | CN¥5.70bn | CN¥8.71bn | CN¥3.15bn |
| Shares outstanding | 1,255m | 1,231m | 1,247m | 1,241m | 1,181m | 1,164m | 1,152m | 1,105m | 1,128m | 1,082m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −CN¥735.9m | CN¥289.6m | CN¥884.6m | CN¥830.8m | CN¥1.17bn | CN¥1.14bn | CN¥1.17bn | CN¥1.47bn | CN¥1.05bn | CN¥357.1m |
| Capital spending | −CN¥204.9m | −CN¥414.4m | −CN¥397.0m | −CN¥77.8m | −CN¥54.5m | −CN¥8.3m | −CN¥3.8m | −CN¥12.0m | −CN¥22.5m | −CN¥11.9m |
| Free cash flow | −CN¥940.8m | −CN¥124.8m | CN¥487.6m | CN¥753.0m | CN¥1.12bn | CN¥1.13bn | CN¥1.17bn | CN¥1.46bn | CN¥1.02bn | CN¥345.2m |
| Dividends paid | −CN¥23.6m | −CN¥90.7m | −CN¥32.6m | −CN¥77.5m | −CN¥200.1m | −CN¥24.6m | −CN¥178.4m | −CN¥196.2m | −CN¥479.7m | −CN¥130.7m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥2.79bn | CN¥2.57bn | CN¥2.39bn | CN¥2.07bn | CN¥1.97bn | CN¥1.76bn | CN¥1.83bn | CN¥1.33bn |
| Gross profit | CN¥1.81bn | CN¥1.70bn | CN¥1.57bn | CN¥1.45bn | CN¥1.39bn | CN¥1.22bn | CN¥1.22bn | CN¥987.7m |
| Operating income | −CN¥694.2m | −CN¥557.6m | −CN¥509.6m | −CN¥336.9m | −CN¥260.7m | −CN¥389.7m | −CN¥237.3m | −CN¥339.9m |
| Net income | CN¥1.97bn | −CN¥887.0m | −CN¥927.4m | CN¥190.2m | −CN¥86.5m | −CN¥769.0m | −CN¥968.3m | −CN¥237.4m |
| Diluted earnings per share | 1.57 | -0.71 | -0.74 | 0.15 | -0.07 | -0.61 | -0.79 | -0.19 |
| Cash from operations | — | — | — | −CN¥174.0m | −CN¥557.0m | −CN¥2.0m | −CN¥29.0m | CN¥130.0m |
| Capital spending | −CN¥64.0m | −CN¥52.0m | −CN¥34.0m | −CN¥55.0m | −CN¥54.0m | −CN¥60.0m | −CN¥111.0m | −CN¥37.0m |
| Free cash flow | — | — | — | −CN¥229.0m | −CN¥611.0m | −CN¥62.0m | −CN¥140.0m | CN¥93.0m |
| Total assets | CN¥21.92bn | CN¥19.74bn | CN¥20.23bn | CN¥20.64bn | CN¥20.33bn | CN¥20.02bn | CN¥20.68bn | CN¥20.59bn |
| Cash and short-term investments | — | — | — | CN¥3.68bn | CN¥3.33bn | CN¥3.06bn | CN¥3.75bn | CN¥2.34bn |
| Debt | — | — | — | CN¥661.2m | CN¥480.4m | CN¥365.9m | CN¥410.3m | CN¥457.2m |
| Shareholders' equity | CN¥14.80bn | CN¥12.25bn | CN¥13.19bn | CN¥14.04bn | CN¥13.87bn | CN¥13.49bn | CN¥14.27bn | CN¥14.87bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 20.1% | 12.1% | 16.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 70.6% | 74.0% | 73.4% | 73.4% |
| Operating margin | -17.9% | 3.6% | 24.5% | 25.6% |
| Net margin | -23.0% | -3.3% | 17.6% | 21.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -32.9 | -29.7 | 37.1 | 15.5 | 17.7 | 4.6 | 14.9 | 14.1 | 23.2 | 44.0 |
| Price to sales | 6.4 | 8.4 | 9.5 | 3.8 | 5.6 | 5.0 | 5.2 | 4.0 | 6.8 | 9.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 28 Jun 2024.
| FY2024 | FY2022 | FY2021 | FY2020 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.049 | 0.066 | 0.173 | 0.026 | 0.087 | 0.105 | 0.105 | 0.064 |
- 3.924-for-1 split · 11 Nov 2015
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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