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11.09
+1.00%
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¥130.0m
FY2016FY2025
Net income
−CN¥72.9m
FY2016FY2025
Free cash flow
−CN¥89.4m
FY2016FY2025
Shareholders' equity
CN¥926.3m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥130.0m | CN¥140.5m | CN¥233.4m | CN¥233.1m | CN¥224.2m | CN¥270.8m | CN¥238.7m | CN¥174.0m | CN¥177.9m | CN¥203.7m |
| Gross profit | CN¥41.5m | CN¥58.4m | CN¥95.7m | CN¥89.0m | CN¥92.7m | CN¥121.3m | CN¥104.0m | CN¥74.7m | CN¥91.9m | CN¥101.0m |
| Research and development | CN¥28.9m | CN¥31.0m | CN¥22.3m | CN¥27.0m | CN¥26.0m | CN¥25.8m | CN¥26.9m | CN¥4.3m | CN¥5.9m | CN¥10.3m |
| Operating income | −CN¥18.7m | −CN¥28.7m | CN¥7.1m | CN¥38.6m | CN¥28.9m | CN¥69.6m | CN¥48.1m | CN¥69.9m | CN¥58.5m | CN¥62.6m |
| Net income | −CN¥72.9m | −CN¥26.6m | CN¥5.8m | CN¥35.7m | CN¥26.7m | CN¥63.0m | CN¥48.6m | CN¥64.6m | CN¥48.5m | CN¥52.4m |
| Diluted earnings per share | -0.13 | -0.05 | 0.01 | 0.06 | 0.05 | 0.12 | 0.09 | 0.12 | 0.09 | 0.08 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥1.14bn | CN¥1.22bn | CN¥1.27bn | CN¥1.28bn | CN¥933.2m | CN¥892.8m | CN¥809.2m | CN¥764.7m | CN¥696.5m | CN¥665.3m |
| Cash and short-term investments | — | CN¥154.1m | CN¥232.6m | CN¥345.4m | CN¥85.2m | CN¥78.4m | CN¥133.5m | CN¥193.8m | CN¥114.3m | CN¥307.7m |
| Total liabilities | CN¥215.5m | CN¥218.9m | CN¥231.8m | CN¥248.2m | CN¥187.7m | CN¥176.3m | CN¥148.1m | CN¥139.1m | CN¥137.5m | CN¥147.2m |
| Debt | — | CN¥14.4m | CN¥23.4m | CN¥29.2m | CN¥20.5m | CN¥27.7m | CN¥13.1m | CN¥26.3m | CN¥21.4m | CN¥10.0m |
| Shareholders' equity | CN¥926.3m | CN¥999.3m | CN¥1.03bn | CN¥1.03bn | CN¥745.5m | CN¥716.5m | CN¥661.1m | CN¥625.6m | CN¥559.1m | CN¥518.1m |
| Shares outstanding | 550m | 553m | 541m | 551m | 528m | 527m | 525m | 526m | 526m | 657m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −CN¥63.0m | −CN¥48.1m | −CN¥85.4m | CN¥23.1m | CN¥41.0m | −CN¥16.4m | −CN¥37.1m | CN¥9.3m | −CN¥50.1m | CN¥15.2m |
| Capital spending | −CN¥26.4m | −CN¥27.9m | −CN¥29.4m | −CN¥8.5m | −CN¥34.1m | −CN¥28.6m | −CN¥41.6m | −CN¥3.1m | −CN¥21.0m | −CN¥8.8m |
| Free cash flow | −CN¥89.4m | −CN¥76.0m | −CN¥114.8m | CN¥14.6m | CN¥6.9m | −CN¥45.0m | −CN¥78.7m | CN¥6.1m | −CN¥71.1m | CN¥6.4m |
| Dividends paid | −CN¥60,667 | −CN¥7.2m | — | — | −CN¥130,487 | −CN¥9.8m | −CN¥13.1m | −CN¥13.1m | −CN¥9.5m | −CN¥468,290 |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥24.3m | CN¥12.1m | CN¥77.3m | CN¥25.9m | CN¥23.6m | CN¥3.3m | CN¥69.2m | CN¥58.5m |
| Gross profit | CN¥10.2m | CN¥5.3m | CN¥19.6m | CN¥11.4m | CN¥9.4m | CN¥1.0m | CN¥30.2m | CN¥21.7m |
| Operating income | −CN¥4.3m | −CN¥5.8m | −CN¥3.6m | −CN¥8.9m | −CN¥22.9m | −CN¥16.7m | −CN¥1.1m | −CN¥959,291 |
| Net income | −CN¥22.6m | −CN¥10.7m | −CN¥29.1m | −CN¥7.5m | −CN¥21.0m | −CN¥15.2m | −CN¥1.7m | CN¥538,293 |
| Diluted earnings per share | -0.04 | -0.02 | -0.05 | -0.01 | -0.04 | -0.03 | -0.00 | 0.00 |
| Cash from operations | — | — | — | −CN¥5.0m | −CN¥22.0m | −CN¥9.0m | CN¥9.0m | −CN¥15.0m |
| Capital spending | −CN¥1.0m | −CN¥2.0m | −CN¥3.0m | −CN¥1.0m | −CN¥20.0m | — | −CN¥5.0m | −CN¥13.0m |
| Free cash flow | — | — | — | −CN¥6.0m | −CN¥42.0m | — | CN¥4.0m | −CN¥28.0m |
| Total assets | CN¥1.13bn | CN¥1.12bn | CN¥1.14bn | CN¥1.19bn | CN¥1.17bn | CN¥1.19bn | CN¥1.22bn | CN¥1.20bn |
| Cash and short-term investments | — | — | — | CN¥119.8m | CN¥101.8m | CN¥146.2m | CN¥154.1m | CN¥146.8m |
| Debt | — | — | — | CN¥26.5m | CN¥11.7m | CN¥17.9m | CN¥14.4m | CN¥2.6m |
| Shareholders' equity | CN¥892.9m | CN¥915.6m | CN¥926.3m | CN¥955.4m | CN¥963.0m | CN¥984.1m | CN¥999.3m | CN¥1.00bn |
Financial ratios
Data as of 7 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2017 | |
|---|---|---|---|---|---|---|---|
| Gross margin | 31.9% | 41.6% | 41.0% | 38.2% | 41.4% | 44.8% | — |
| Operating margin | -63.4% | -20.4% | 3.0% | 16.6% | 12.9% | 25.7% | — |
| Net margin | -56.1% | -18.9% | 2.5% | 15.3% | 11.9% | 23.3% | — |
| Return on equity | -7.9% | -2.7% | 0.6% | 3.5% | 3.6% | 8.8% | — |
| Return on assets | -6.4% | -2.2% | 0.5% | 2.8% | 2.9% | 7.1% | — |
| Free cash flow yield | -0.7% | -0.4% | -1.0% | 0.6% | 1.4% | 0.2% | — |
| Revenue growth | -7.5% | -39.8% | 0.1% | 4.0% | -17.2% | 13.4% | — |
| Earnings growth | 174.1% | -562.0% | -83.9% | 33.5% | -57.6% | 29.5% | — |
| Current ratio | 4.14x | 4.49x | 4.51x | 4.36x | 3.95x | 4.13x | — |
| Debt to equity | — | 0.01x | 0.02x | 0.03x | 0.03x | 0.04x | 0.00x |
| Equity ratio | 81.1% | 82.0% | 81.6% | 80.5% | 79.9% | 80.3% | — |
| Interest coverage | -361.98x | -1216.72x | 196.52x | 516.19x | 751.00x | 2205.28x | — |
| R&D as a share of sales | 22.2% | 22.0% | 9.6% | 11.6% | 11.6% | 9.5% | — |
| Buybacks as a share of market value | 0.5% | -2.1% | 1.8% | -4.4% | -0.2% | -0.4% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -17.7% | -13.6% | -4.2% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 36.9% | 38.6% | 40.5% | 43.3% |
| Operating margin | -17.5% | -0.2% | 7.9% | 17.8% |
| Net margin | -36.8% | -7.9% | 2.6% | 13.3% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -124.4 | -233.0 | — | 159.3 | 291.6 | 123.2 | 54.4 | 32.3 | 57.1 | 80.5 |
| Price to sales | 69.7 | 44.1 | 22.8 | 24.4 | 34.8 | 28.6 | 11.1 | 12.0 | 15.6 | 20.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 7 Jun 2024.
| FY2024 | FY2020 | FY2019 | FY2017 | |
|---|---|---|---|---|
| Paid in the year | 0.013 | 0.019 | 0.025 | 0.018 |
- 17-for-10 split · 9 Jun 2023
- 9-for-5 split · 9 Jun 2021
- 19-for-10 split · 26 Jun 2018
- 2-for-1 split · 30 Jun 2017
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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