I 
9.55
-1.75%
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¥2.31bn
FY2016FY2025
Net income
−CN¥497.0m
FY2016FY2025
Free cash flow
CN¥6.0m
FY2016FY2025
Shareholders' equity
CN¥898.3m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥2.31bn | CN¥2.67bn | CN¥2.63bn | CN¥1.51bn | CN¥1.42bn | CN¥1.05bn | CN¥1.01bn | CN¥965.3m | CN¥763.3m | CN¥653.6m |
| Gross profit | CN¥534.5m | CN¥774.9m | CN¥630.5m | CN¥501.8m | CN¥459.4m | CN¥389.5m | CN¥360.8m | CN¥313.8m | CN¥239.1m | CN¥226.3m |
| Research and development | CN¥165.0m | CN¥182.2m | CN¥168.2m | CN¥87.9m | CN¥78.0m | CN¥67.7m | CN¥71.4m | CN¥64.5m | CN¥71.6m | CN¥49.4m |
| Operating income | — | CN¥57.6m | −CN¥167.2m | CN¥232.3m | CN¥223.8m | CN¥188.3m | CN¥124.9m | CN¥92.8m | CN¥30.3m | CN¥74.1m |
| Net income | −CN¥497.0m | CN¥9.1m | −CN¥173.4m | CN¥201.6m | CN¥182.0m | CN¥161.7m | CN¥106.2m | CN¥70.3m | CN¥25.0m | CN¥66.9m |
| Diluted earnings per share | -1.84 | 0.03 | -0.58 | 0.66 | 0.63 | 0.54 | 0.38 | 0.26 | 0.10 | 0.21 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥3.27bn | CN¥3.31bn | CN¥3.82bn | CN¥2.75bn | CN¥2.36bn | CN¥1.98bn | CN¥1.74bn | CN¥1.56bn | CN¥1.47bn | CN¥1.70bn |
| Cash and short-term investments | — | CN¥436.6m | CN¥466.4m | CN¥729.0m | CN¥222.1m | CN¥187.7m | CN¥182.8m | CN¥146.5m | CN¥137.5m | CN¥512.6m |
| Total liabilities | CN¥2.38bn | CN¥1.84bn | CN¥2.35bn | CN¥1.09bn | CN¥930.6m | CN¥749.6m | CN¥673.0m | CN¥604.6m | CN¥547.3m | CN¥793.1m |
| Debt | CN¥697.5m | CN¥762.5m | CN¥1.19bn | CN¥547.0m | CN¥454.8m | CN¥264.5m | CN¥275.6m | CN¥265.0m | CN¥127.1m | CN¥509.1m |
| Shareholders' equity | CN¥898.3m | CN¥1.47bn | CN¥1.47bn | CN¥1.66bn | CN¥1.43bn | CN¥1.23bn | CN¥1.06bn | CN¥957.6m | CN¥926.4m | CN¥911.7m |
| Shares outstanding | 270m | 336m | 298m | 306m | 287m | 300m | 276m | 265m | 251m | 315m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥47.5m | CN¥469.6m | −CN¥248.3m | CN¥525.0m | CN¥23.8m | CN¥150.5m | CN¥141.2m | CN¥102.5m | CN¥55.2m | CN¥20.9m |
| Capital spending | −CN¥41.5m | −CN¥76.3m | −CN¥69.6m | −CN¥78.5m | −CN¥70.9m | −CN¥60.1m | −CN¥100.1m | −CN¥130.0m | −CN¥88.5m | −CN¥297.6m |
| Free cash flow | CN¥6.0m | CN¥393.3m | −CN¥317.8m | CN¥446.6m | −CN¥47.1m | CN¥90.4m | CN¥41.1m | −CN¥27.4m | −CN¥33.3m | −CN¥276.8m |
| Dividends paid | −CN¥35.6m | −CN¥37.1m | −CN¥65.0m | −CN¥35.0m | −CN¥33.3m | −CN¥22.4m | −CN¥9.0m | −CN¥13.2m | −CN¥22.0m | −CN¥19.8m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥518.8m | CN¥629.9m | CN¥574.0m | CN¥625.1m | CN¥544.6m | CN¥566.9m | CN¥656.2m | CN¥676.6m |
| Gross profit | CN¥144.9m | CN¥166.8m | CN¥8.0m | CN¥195.1m | CN¥160.3m | CN¥171.1m | CN¥149.8m | CN¥217.8m |
| Operating income | −CN¥752,586 | CN¥23.4m | −CN¥299.9m | −CN¥4.6m | −CN¥40.5m | CN¥17.2m | −CN¥22.7m | CN¥69.1m |
| Net income | CN¥13.1m | CN¥8.4m | −CN¥418.2m | −CN¥36.4m | −CN¥45.1m | CN¥2.8m | −CN¥37.5m | CN¥11.7m |
| Diluted earnings per share | 0.05 | 0.03 | -1.55 | -0.13 | -0.17 | 0.01 | -0.11 | 0.03 |
| Cash from operations | — | — | — | CN¥18.0m | −CN¥14.0m | CN¥15.0m | — | CN¥146.0m |
| Capital spending | −CN¥2.0m | −CN¥9.0m | −CN¥19.0m | −CN¥5.0m | −CN¥9.0m | −CN¥7.0m | −CN¥25.0m | −CN¥18.0m |
| Free cash flow | — | — | — | CN¥13.0m | −CN¥23.0m | CN¥8.0m | — | CN¥128.0m |
| Total assets | CN¥3.08bn | CN¥3.10bn | CN¥3.27bn | CN¥3.44bn | CN¥3.44bn | CN¥3.33bn | CN¥3.31bn | CN¥3.41bn |
| Cash and short-term investments | — | — | — | CN¥496.2m | CN¥432.2m | CN¥468.3m | CN¥436.6m | CN¥406.1m |
| Debt | CN¥521.6m | CN¥691.4m | CN¥697.5m | CN¥612.1m | CN¥833.4m | CN¥697.7m | CN¥688.6m | CN¥809.6m |
| Shareholders' equity | CN¥897.5m | CN¥879.2m | CN¥898.3m | CN¥1.32bn | CN¥1.43bn | CN¥1.48bn | CN¥1.47bn | CN¥1.52bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 15.2% | 17.0% | 15.9% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 26.3% | 26.8% | 28.4% | 29.9% |
| Net margin | -9.8% | -5.0% | -1.0% | 1.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -8.7 | — | -20.6 | 19.1 | 34.1 | 21.6 | 20.6 | 25.2 | 117.7 | 54.1 |
| Price to sales | 1.9 | 1.8 | 1.4 | 2.5 | 4.4 | 3.3 | 2.2 | 1.8 | 3.9 | 5.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 1 years. Last went ex-dividend on 29 May 2025.
| FY2025 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.038 | 0.104 | 0.079 | 0.079 | 0.039 | 0.031 | 0.014 | 0.049 |
- 3-for-2 split · 17 May 2021
- 3-for-2 split · 1 Jun 2017
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.