13.61
-0.87%
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¥1.18bn
FY2016FY2025
Net income
−CN¥53.1m
FY2016FY2025
Free cash flow
−CN¥162.2m
FY2016FY2025
Shareholders' equity
CN¥2.18bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.18bn | CN¥1.18bn | CN¥1.61bn | CN¥1.65bn | CN¥1.43bn | CN¥1.49bn | CN¥1.35bn | CN¥1.16bn | CN¥958.2m | CN¥763.7m |
| Gross profit | CN¥198.1m | CN¥53.9m | CN¥138.3m | CN¥214.4m | CN¥433.4m | CN¥600.6m | CN¥580.7m | CN¥429.4m | CN¥363.5m | CN¥326.2m |
| Research and development | CN¥59.5m | CN¥74.7m | CN¥97.5m | CN¥77.5m | CN¥78.5m | CN¥76.5m | CN¥59.5m | CN¥52.9m | CN¥43.5m | CN¥30.9m |
| Operating income | −CN¥21.6m | −CN¥253.7m | −CN¥199.4m | −CN¥124.1m | CN¥57.0m | CN¥387.0m | CN¥369.3m | CN¥231.2m | CN¥207.4m | CN¥194.3m |
| Net income | −CN¥53.1m | −CN¥272.1m | −CN¥200.8m | −CN¥141.5m | CN¥48.8m | CN¥319.3m | CN¥305.8m | CN¥194.7m | CN¥177.6m | CN¥173.9m |
| Diluted earnings per share | -0.09 | -0.47 | -0.37 | -0.31 | 0.09 | 0.68 | 0.64 | 0.44 | 0.41 | 0.41 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥4.40bn | CN¥4.54bn | CN¥4.82bn | CN¥5.06bn | CN¥4.68bn | CN¥4.05bn | CN¥2.60bn | CN¥2.20bn | CN¥1.79bn | CN¥1.40bn |
| Cash and short-term investments | — | CN¥697.5m | CN¥731.6m | CN¥1.03bn | CN¥1.42bn | CN¥1.69bn | CN¥791.4m | CN¥780.7m | CN¥612.7m | CN¥341.7m |
| Total liabilities | CN¥2.20bn | CN¥2.36bn | CN¥2.35bn | CN¥2.37bn | CN¥1.77bn | CN¥997.9m | CN¥1.07bn | CN¥1.05bn | CN¥822.7m | CN¥614.2m |
| Debt | CN¥809.5m | CN¥1.29bn | CN¥1.55bn | CN¥1.42bn | CN¥1.00bn | CN¥442.4m | CN¥703.2m | CN¥676.6m | CN¥432.6m | CN¥217.0m |
| Shareholders' equity | CN¥2.18bn | CN¥2.18bn | CN¥2.48bn | CN¥2.68bn | CN¥2.88bn | CN¥3.01bn | CN¥1.49bn | CN¥1.12bn | CN¥936.9m | CN¥756.0m |
| Shares outstanding | 587m | 582m | 538m | 455m | 560m | 470m | 476m | 439m | 428m | 426m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥62.7m | CN¥187.6m | −CN¥64.8m | −CN¥120.9m | CN¥72.3m | CN¥382.4m | CN¥337.9m | CN¥175.9m | CN¥210.7m | CN¥188.5m |
| Capital spending | −CN¥224.9m | −CN¥141.7m | −CN¥242.2m | −CN¥459.4m | −CN¥679.6m | −CN¥449.2m | −CN¥324.9m | −CN¥163.9m | −CN¥99.0m | −CN¥81.3m |
| Free cash flow | −CN¥162.2m | CN¥45.9m | −CN¥307.0m | −CN¥580.3m | −CN¥607.3m | −CN¥66.9m | CN¥13.0m | CN¥12.0m | CN¥111.7m | CN¥107.2m |
| Dividends paid | −CN¥54.8m | −CN¥55.5m | −CN¥55.8m | −CN¥54.6m | −CN¥110.0m | −CN¥56.8m | −CN¥43.9m | −CN¥79.7m | −CN¥70.8m | −CN¥45.3m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥530.5m | CN¥357.8m | CN¥415.6m | CN¥254.7m | CN¥281.0m | CN¥233.7m | CN¥201.0m | CN¥294.5m |
| Gross profit | CN¥211.1m | CN¥137.1m | CN¥105.4m | CN¥7.4m | CN¥50.0m | CN¥35.4m | −CN¥43.0m | CN¥26.7m |
| Operating income | CN¥142.7m | CN¥86.3m | −CN¥415.0m | −CN¥58.4m | −CN¥2.5m | CN¥18.1m | −CN¥213.3m | −CN¥36.1m |
| Net income | CN¥115.7m | CN¥61.2m | CN¥14.6m | −CN¥55.8m | −CN¥9.1m | CN¥2.2m | −CN¥210.0m | −CN¥39.6m |
| Diluted earnings per share | 0.20 | 0.10 | 0.02 | -0.10 | -0.02 | 0.00 | -0.36 | -0.07 |
| Cash from operations | — | — | — | CN¥18.0m | −CN¥25.0m | CN¥36.0m | — | CN¥63.0m |
| Capital spending | −CN¥37.0m | −CN¥52.0m | −CN¥27.0m | −CN¥43.0m | −CN¥26.0m | −CN¥127.0m | −CN¥14.0m | −CN¥39.0m |
| Free cash flow | — | — | — | −CN¥25.0m | −CN¥51.0m | −CN¥91.0m | — | CN¥24.0m |
| Total assets | CN¥4.69bn | CN¥4.48bn | CN¥4.40bn | CN¥4.44bn | CN¥4.48bn | CN¥4.52bn | CN¥4.54bn | CN¥4.65bn |
| Cash and short-term investments | — | — | — | CN¥634.7m | CN¥608.7m | CN¥642.7m | CN¥697.5m | CN¥676.9m |
| Debt | CN¥799.6m | CN¥815.4m | CN¥809.5m | CN¥1.08bn | CN¥1.42bn | CN¥1.23bn | CN¥1.29bn | CN¥1.28bn |
| Shareholders' equity | CN¥2.36bn | CN¥2.25bn | CN¥2.18bn | CN¥2.15bn | CN¥2.17bn | CN¥2.18bn | CN¥2.18bn | CN¥2.39bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -10.4% | -4.5% | 7.4% |
| Operating income | -44.1% | — | — |
| Net income | -27.9% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 10.7% | 10.8% | 19.2% | 26.5% |
| Operating margin | -11.7% | -10.7% | -1.8% | 7.2% |
| Net margin | -13.8% | -11.9% | -3.5% | 4.8% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -167.1 | -17.9 | -25.1 | -42.5 | 187.1 | 21.0 | 18.3 | 21.3 | 22.9 | 37.2 |
| Price to sales | 7.5 | 4.1 | 3.1 | 3.6 | 6.4 | 4.5 | 4.1 | 3.6 | 4.2 | 8.5 |
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 | |
|---|---|---|---|---|---|---|
| Paid in the year | 0.20 | 0.125 | 0.104 | 0.13 | 0.13 | 0.087 |
- 8-for-5 split · 18 May 2020
- 6-for-5 split · 6 Jun 2019
- 2-for-1 split · 3 Jul 2018
- 3-for-2 split · 23 Sept 2016
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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