F 
14.82
-1.20%
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¥13.48bn
FY2016FY2025
Net income
CN¥427.6m
FY2016FY2025
Free cash flow
−CN¥229.8m
FY2016FY2025
Shareholders' equity
CN¥4.70bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥13.48bn | CN¥8.47bn | CN¥5.76bn | CN¥7.35bn | CN¥2.66bn | CN¥1.84bn | CN¥1.51bn | CN¥1.48bn | CN¥2.33bn | CN¥1.17bn |
| Gross profit | CN¥1.98bn | CN¥979.9m | −CN¥321.7m | CN¥1.34bn | CN¥681.5m | CN¥628.6m | CN¥491.4m | CN¥419.7m | CN¥801.2m | CN¥379.5m |
| Research and development | CN¥271.9m | CN¥220.3m | CN¥204.0m | CN¥181.0m | CN¥126.2m | CN¥111.4m | CN¥100.0m | CN¥83.6m | CN¥91.3m | CN¥42.6m |
| Operating income | CN¥821.2m | CN¥508.7m | −CN¥706.0m | CN¥733.6m | CN¥460.6m | CN¥400.9m | CN¥252.3m | −CN¥2.35bn | CN¥436.9m | CN¥262.1m |
| Net income | CN¥427.6m | CN¥396.8m | −CN¥542.7m | CN¥645.2m | CN¥399.1m | CN¥330.2m | CN¥514.1m | −CN¥2.32bn | CN¥371.2m | CN¥228.8m |
| Diluted earnings per share | 0.25 | 0.23 | -0.32 | 0.38 | 0.23 | 0.21 | 0.40 | -1.31 | 0.20 | 0.17 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥13.87bn | CN¥9.68bn | CN¥9.10bn | CN¥8.33bn | CN¥5.22bn | CN¥3.16bn | CN¥2.70bn | CN¥3.26bn | CN¥5.51bn | CN¥4.46bn |
| Cash and short-term investments | — | CN¥1.21bn | CN¥1.78bn | CN¥829.3m | CN¥687.8m | CN¥752.3m | CN¥445.8m | CN¥1.20bn | CN¥578.9m | CN¥698.5m |
| Total liabilities | CN¥8.79bn | CN¥5.38bn | CN¥5.09bn | CN¥3.50bn | CN¥2.69bn | CN¥1.08bn | CN¥952.7m | CN¥1.61bn | CN¥1.48bn | CN¥979.4m |
| Debt | CN¥785.1m | CN¥1.27bn | CN¥1.22bn | CN¥345.5m | CN¥641.0m | CN¥2.9m | CN¥61.6m | CN¥381.9m | CN¥92.8m | CN¥44.0m |
| Shareholders' equity | CN¥4.70bn | CN¥4.22bn | CN¥4.02bn | CN¥4.79bn | CN¥2.53bn | CN¥2.08bn | CN¥1.75bn | CN¥1.65bn | CN¥4.03bn | CN¥3.48bn |
| Shares outstanding | 1,709m | 1,697m | 1,715m | 1,702m | 1,748m | 1,550m | 1,275m | 1,776m | 1,821m | 1,314m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥896.7m | CN¥575.0m | CN¥304.9m | −CN¥186.1m | −CN¥84.9m | CN¥445.7m | CN¥289.9m | −CN¥101.4m | −CN¥210.8m | CN¥184.2m |
| Capital spending | −CN¥1.13bn | −CN¥811.9m | −CN¥1.20bn | −CN¥964.3m | −CN¥800.1m | −CN¥164.0m | −CN¥238.4m | −CN¥174.2m | −CN¥231.9m | −CN¥89.8m |
| Free cash flow | −CN¥229.8m | −CN¥236.9m | −CN¥895.1m | −CN¥1.15bn | −CN¥885.0m | CN¥281.7m | CN¥51.5m | −CN¥275.6m | −CN¥442.7m | CN¥94.4m |
| Dividends paid | −CN¥176.8m | −CN¥31.6m | −CN¥268.9m | −CN¥36.2m | −CN¥2.9m | −CN¥2.9m | −CN¥7.0m | −CN¥107.6m | −CN¥160.5m | −CN¥80.6m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥5.99bn | CN¥5.05bn | CN¥4.40bn | CN¥3.27bn | CN¥3.12bn | CN¥2.70bn | CN¥2.59bn | CN¥2.29bn |
| Gross profit | CN¥538.0m | CN¥472.3m | CN¥469.2m | CN¥432.7m | CN¥314.8m | CN¥273.0m | CN¥220.3m | CN¥338.5m |
| Operating income | CN¥326.2m | CN¥303.6m | CN¥217.4m | CN¥198.4m | CN¥180.7m | CN¥169.1m | CN¥144.1m | CN¥206.4m |
| Net income | CN¥79.1m | CN¥202.8m | CN¥102.5m | CN¥150.6m | CN¥50.7m | CN¥123.8m | CN¥86.1m | CN¥178.9m |
| Diluted earnings per share | 0.05 | 0.12 | 0.06 | 0.09 | 0.03 | 0.07 | 0.05 | 0.11 |
| Cash from operations | — | — | — | CN¥173.0m | CN¥92.0m | −CN¥150.0m | CN¥189.0m | CN¥146.0m |
| Capital spending | −CN¥1.01bn | −CN¥584.0m | −CN¥449.0m | −CN¥225.0m | −CN¥148.0m | −CN¥302.0m | −CN¥153.0m | −CN¥285.0m |
| Free cash flow | — | — | — | −CN¥52.0m | −CN¥56.0m | −CN¥452.0m | CN¥36.0m | −CN¥139.0m |
| Total assets | CN¥19.27bn | CN¥14.01bn | CN¥13.87bn | CN¥13.61bn | CN¥11.59bn | CN¥10.61bn | CN¥9.68bn | CN¥9.43bn |
| Cash and short-term investments | — | — | — | CN¥2.22bn | CN¥1.72bn | CN¥1.63bn | CN¥1.21bn | CN¥1.09bn |
| Debt | CN¥1.54bn | CN¥915.9m | CN¥785.1m | CN¥3.13bn | CN¥1.73bn | CN¥1.63bn | CN¥1.23bn | CN¥1.19bn |
| Shareholders' equity | CN¥4.81bn | CN¥4.90bn | CN¥4.70bn | CN¥4.59bn | CN¥4.44bn | CN¥4.51bn | CN¥4.22bn | CN¥4.34bn |
Financial ratios
Data as of 21 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 14.7% | 11.6% | -5.6% | 18.3% | 25.7% | 34.1% |
| Operating margin | 6.1% | 6.0% | -12.3% | 10.0% | 17.3% | 21.7% |
| Net margin | 3.2% | 4.7% | -9.4% | 8.8% | 15.0% | 17.9% |
| Return on equity | 9.1% | 9.4% | -13.5% | 13.5% | 15.7% | 15.9% |
| Return on assets | 3.1% | 4.1% | -6.0% | 7.7% | 7.6% | 10.5% |
| Free cash flow yield | 8.9% | 6.1% | 6.6% | 3.4% | 3.1% | 3.0% |
| Revenue growth | 59.2% | 47.0% | -21.6% | 176.6% | 44.0% | 22.0% |
| Earnings growth | 7.8% | -173.1% | -184.1% | 61.7% | 20.9% | -35.8% |
| Current ratio | 1.11x | 1.10x | 1.07x | 1.83x | 1.29x | 2.25x |
| Debt to equity | 0.17x | 0.29x | 0.29x | 0.07x | 0.25x | 0.10x |
| Equity ratio | 33.9% | 43.6% | 44.1% | 57.5% | 48.5% | 65.8% |
| Interest coverage | 10.59x | 7.85x | -9.26x | 10.68x | 29.61x | 215.25x |
| R&D as a share of sales | 2.0% | 2.6% | 3.5% | 2.5% | 4.8% | 6.0% |
| Buybacks as a share of market value | -0.7% | 1.1% | -0.8% | 2.6% | -12.7% | -21.6% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 22.4% | 48.9% | 31.7% |
| Operating income | 3.8% | 15.4% | 15.3% |
| Net income | -12.8% | 5.3% | 9.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 13.5% | 11.3% | 13.4% | 16.3% |
| Operating margin | 6.1% | 3.9% | 5.6% | 2.2% |
| Net margin | 3.8% | 2.6% | 4.2% | 1.3% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 66.8 | 65.8 | -33.2 | 27.2 | 85.8 | 32.1 | 12.1 | -1.7 | 34.0 | 54.9 |
| Price to sales | 2.1 | 3.1 | 3.1 | 2.4 | 12.9 | 5.7 | 4.1 | 2.7 | 5.4 | 10.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 1 years. Last went ex-dividend on 4 Jun 2025.
| FY2025 | FY2023 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|
| Paid in the year | 0.071 | 0.143 | 0.056 | 0.084 | 0.062 | 0.028 |
- 7-for-5 split · 4 Jun 2025
- 3-for-2 split · 31 May 2022
- 17-for-10 split · 28 May 2020
- 3-for-1 split · 18 Sept 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.