J 
3.12
-0.95%
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¥1.07bn
FY2016FY2025
Net income
−CN¥325.7m
FY2016FY2025
Free cash flow
CN¥163.9m
FY2016FY2025
Shareholders' equity
CN¥1.95bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.07bn | CN¥1.08bn | CN¥1.14bn | CN¥1.17bn | CN¥1.07bn | CN¥845.2m | CN¥926.7m | CN¥1.24bn | CN¥741.3m | CN¥378.2m |
| Gross profit | CN¥146.9m | CN¥155.9m | CN¥290.9m | CN¥278.7m | CN¥238.7m | CN¥176.3m | CN¥252.2m | CN¥443.8m | CN¥275.0m | CN¥141.1m |
| Research and development | CN¥62.7m | CN¥68.5m | CN¥75.2m | CN¥58.1m | CN¥65.4m | CN¥68.8m | CN¥78.0m | CN¥58.3m | CN¥33.3m | CN¥19.4m |
| Operating income | — | −CN¥345.4m | CN¥20.2m | CN¥41.3m | CN¥29.2m | CN¥23.5m | −CN¥1.21bn | CN¥243.9m | CN¥151.0m | CN¥66.3m |
| Net income | −CN¥325.7m | −CN¥333.0m | CN¥25.5m | CN¥48.5m | CN¥31.6m | CN¥56.2m | −CN¥1.20bn | CN¥196.1m | CN¥125.7m | CN¥56.4m |
| Diluted earnings per share | -0.39 | -0.40 | 0.03 | 0.06 | 0.04 | 0.06 | -1.36 | 0.18 | 0.10 | 0.08 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥2.79bn | CN¥3.35bn | CN¥3.85bn | CN¥3.48bn | CN¥3.38bn | CN¥3.21bn | CN¥3.91bn | CN¥5.38bn | CN¥3.01bn | CN¥807.3m |
| Cash and short-term investments | — | CN¥253.3m | CN¥409.8m | CN¥262.1m | CN¥287.2m | CN¥542.2m | CN¥403.3m | CN¥689.8m | CN¥501.7m | CN¥270.1m |
| Total liabilities | CN¥839.5m | CN¥1.05bn | CN¥1.17bn | CN¥827.0m | CN¥770.6m | CN¥602.1m | CN¥946.0m | CN¥1.10bn | CN¥679.5m | CN¥194.8m |
| Debt | CN¥83.9m | CN¥456.1m | CN¥487.7m | CN¥338.3m | CN¥265.6m | CN¥203.3m | CN¥347.2m | CN¥421.4m | CN¥184.5m | CN¥20.0m |
| Shareholders' equity | CN¥1.95bn | CN¥2.29bn | CN¥2.66bn | CN¥2.65bn | CN¥2.62bn | CN¥2.61bn | CN¥2.94bn | CN¥4.26bn | CN¥2.32bn | CN¥598.8m |
| Shares outstanding | 827m | 823m | 826m | 831m | 832m | 882m | 887m | 1,096m | 1,217m | 665m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥180.9m | CN¥393.5m | −CN¥356.4m | −CN¥85.6m | −CN¥95.2m | CN¥39.6m | CN¥62.7m | CN¥121.4m | CN¥33.4m | CN¥24.2m |
| Capital spending | −CN¥17.0m | −CN¥259.8m | −CN¥73.5m | −CN¥98.6m | −CN¥39.1m | −CN¥109.4m | −CN¥135.3m | −CN¥361.7m | −CN¥75.4m | −CN¥125.0m |
| Free cash flow | CN¥163.9m | CN¥133.7m | −CN¥429.8m | −CN¥184.2m | −CN¥134.3m | −CN¥69.8m | −CN¥72.6m | −CN¥240.3m | −CN¥42.0m | −CN¥100.8m |
| Dividends paid | −CN¥11.3m | −CN¥20.2m | −CN¥19.5m | −CN¥12.4m | −CN¥8.7m | −CN¥20.3m | −CN¥52.4m | −CN¥36.9m | −CN¥13.5m | −CN¥10.9m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥236.8m | CN¥143.1m | CN¥333.4m | CN¥250.1m | CN¥217.4m | CN¥269.2m | CN¥233.0m | CN¥316.2m |
| Gross profit | CN¥32.6m | CN¥12.5m | CN¥35.7m | CN¥35.1m | CN¥29.3m | CN¥46.8m | −CN¥40.2m | CN¥76.7m |
| Operating income | −CN¥41.0m | −CN¥32.3m | −CN¥47.4m | −CN¥27.7m | −CN¥38.8m | −CN¥7.1m | −CN¥335.9m | −CN¥2.7m |
| Net income | −CN¥42.4m | −CN¥30.6m | −CN¥255.2m | −CN¥27.9m | −CN¥37.1m | −CN¥5.6m | −CN¥316.4m | CN¥518,406 |
| Diluted earnings per share | -0.05 | -0.04 | -0.31 | -0.03 | -0.04 | -0.01 | -0.38 | 0.00 |
| Cash from operations | — | — | — | CN¥65.0m | −CN¥64.0m | CN¥157.0m | — | CN¥187.0m |
| Capital spending | −CN¥1.0m | — | −CN¥7.0m | −CN¥3.0m | −CN¥3.0m | −CN¥2.0m | −CN¥33.0m | −CN¥205.0m |
| Free cash flow | — | — | — | CN¥62.0m | −CN¥67.0m | CN¥155.0m | — | −CN¥18.0m |
| Total assets | CN¥2.73bn | CN¥2.69bn | CN¥2.79bn | CN¥3.10bn | CN¥3.15bn | CN¥3.19bn | CN¥3.35bn | CN¥3.66bn |
| Cash and short-term investments | — | — | — | CN¥249.7m | CN¥256.9m | CN¥344.4m | CN¥253.3m | CN¥303.2m |
| Debt | CN¥79.7m | CN¥60.4m | CN¥83.9m | CN¥382.6m | CN¥355.0m | CN¥408.4m | CN¥446.5m | CN¥358.3m |
| Shareholders' equity | CN¥1.87bn | CN¥1.92bn | CN¥1.95bn | CN¥2.22bn | CN¥2.24bn | CN¥2.28bn | CN¥2.29bn | CN¥2.62bn |
Financial ratios
Data as of 21 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 13.7% | 14.4% | 25.4% | 23.9% | 22.2% | 20.9% |
| Operating margin | -30.6% | -31.9% | 3.4% | 4.7% | 2.7% | 5.2% |
| Net margin | -30.4% | -30.7% | 2.2% | 4.2% | 2.9% | 6.7% |
| Return on equity | -16.7% | -14.6% | 1.0% | 1.8% | 1.2% | 2.2% |
| Return on assets | -11.7% | -10.0% | 0.7% | 1.4% | 0.9% | 1.8% |
| Free cash flow yield | — | 14.2% | — | — | — | — |
| Revenue growth | -1.3% | -5.2% | -1.9% | 8.5% | 27.1% | -8.8% |
| Earnings growth | -2.2% | -1405.6% | -47.5% | 53.5% | -43.8% | -104.7% |
| Current ratio | 1.88x | 1.85x | 2.49x | 2.53x | 2.89x | 4.06x |
| Debt to equity | 0.04x | 0.20x | 0.18x | 0.11x | 0.07x | 0.08x |
| Equity ratio | 69.8% | 68.4% | 69.1% | 75.9% | 77.4% | 81.3% |
| Interest coverage | -26.78x | -16.45x | 1.86x | 3.73x | 2.83x | 2.13x |
| R&D as a share of sales | 5.9% | 6.3% | 6.6% | 5.0% | 6.1% | 8.1% |
| Buybacks as a share of market value | -0.5% | 0.4% | 0.6% | 0.1% | 5.7% | 0.6% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -2.8% | 4.8% | 15.1% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 14.1% | 19.5% | 20.2% | 25.3% |
| Net margin | -30.6% | -13.1% | -7.8% | -12.8% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -10.5 | -10.5 | 193.3 | 91.6 | 172.9 | 80.1 | -5.2 | 30.3 | 89.0 | 132.9 |
| Price to sales | 3.2 | 3.2 | 4.3 | 3.8 | 5.1 | 5.3 | 6.7 | 4.8 | 15.1 | 19.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 26 Jun 2019.
| FY2019 | FY2018 | FY2017 | |
|---|---|---|---|
| Paid in the year | 0.036 | 0.018 | 0.02 |
- 1.712-for-1 split · 26 Jun 2019
- 9-for-5 split · 8 Nov 2018
- 2-for-1 split · 14 Sept 2016
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.