J 
5.62
-1.23%
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¥238.2m
FY2016FY2025
Net income
−CN¥208.3m
FY2016FY2025
Free cash flow
CN¥37.8m
FY2016FY2025
Shareholders' equity
CN¥432.8m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥238.2m | CN¥337.4m | CN¥442.8m | CN¥267.3m | CN¥513.0m | CN¥541.3m | CN¥386.1m | CN¥355.4m | CN¥339.8m | CN¥314.3m |
| Research and development | CN¥14.7m | CN¥27.9m | CN¥31.2m | CN¥23.5m | CN¥25.4m | CN¥24.9m | CN¥19.2m | CN¥13.8m | CN¥10.5m | CN¥10.2m |
| Operating income | −CN¥90.8m | CN¥12.6m | −CN¥115.1m | −CN¥173.3m | CN¥65.7m | CN¥89.6m | CN¥37.1m | CN¥39.3m | CN¥63.6m | CN¥61.4m |
| Net income | −CN¥208.3m | CN¥7.9m | −CN¥144.6m | −CN¥170.2m | CN¥41.8m | CN¥63.3m | CN¥33.2m | CN¥35.8m | CN¥54.9m | CN¥54.4m |
| Diluted earnings per share | -0.66 | 0.03 | -0.46 | -0.54 | 0.13 | 0.20 | 0.11 | 0.12 | 0.19 | 0.25 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥1.64bn | CN¥2.04bn | CN¥2.15bn | CN¥2.11bn | CN¥1.27bn | CN¥1.31bn | CN¥1.27bn | CN¥795.3m | CN¥736.2m | CN¥386.8m |
| Cash and short-term investments | — | CN¥152.9m | CN¥82.7m | CN¥80.9m | CN¥170.5m | CN¥356.3m | CN¥311.5m | CN¥54.0m | CN¥48.7m | CN¥42.6m |
| Total liabilities | CN¥1.21bn | CN¥1.40bn | CN¥1.42bn | CN¥1.23bn | CN¥214.7m | CN¥304.6m | CN¥336.8m | CN¥207.5m | CN¥162.6m | CN¥139.3m |
| Debt | CN¥468.8m | CN¥894.0m | CN¥739.4m | CN¥492.1m | CN¥20.2m | CN¥64.1m | CN¥78.6m | CN¥49.1m | CN¥53.1m | CN¥30.3m |
| Shareholders' equity | CN¥432.8m | CN¥641.0m | CN¥641.6m | CN¥786.2m | CN¥958.2m | CN¥926.3m | CN¥862.2m | CN¥587.8m | CN¥573.6m | CN¥247.5m |
| Shares outstanding | 317m | 313m | 317m | 317m | 317m | 322m | 291m | 292m | 292m | 219m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥67.1m | CN¥20.7m | CN¥54.0m | −CN¥9.6m | CN¥99.4m | CN¥170.6m | CN¥58.6m | −CN¥21.7m | CN¥8.0m | CN¥38.7m |
| Capital spending | −CN¥29.3m | −CN¥21.3m | −CN¥138.1m | −CN¥204.9m | −CN¥61.8m | −CN¥71.9m | −CN¥51.8m | −CN¥43.8m | −CN¥15.3m | −CN¥12.4m |
| Free cash flow | CN¥37.8m | −CN¥629,960 | −CN¥84.1m | −CN¥214.5m | CN¥37.6m | CN¥98.6m | CN¥6.9m | −CN¥65.5m | −CN¥7.3m | CN¥26.3m |
| Dividends paid | −CN¥33.4m | −CN¥42.0m | −CN¥22.7m | −CN¥6.6m | −CN¥19.0m | −CN¥3.7m | −CN¥3.7m | −CN¥21.6m | −CN¥21.6m | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥71.3m | CN¥55.0m | CN¥32.6m | CN¥63.4m | CN¥71.4m | CN¥70.7m | CN¥56.2m | CN¥46.1m |
| Operating income | CN¥3.5m | −CN¥14.0m | −CN¥35.1m | −CN¥34.2m | −CN¥23.1m | −CN¥14.0m | −CN¥34.9m | −CN¥9.4m |
| Net income | CN¥16.8m | −CN¥9.7m | −CN¥137.3m | −CN¥27.8m | −CN¥25.3m | −CN¥17.9m | CN¥6.8m | −CN¥8.6m |
| Diluted earnings per share | 0.05 | -0.03 | -0.43 | -0.09 | -0.08 | -0.06 | 0.02 | -0.03 |
| Cash from operations | — | — | — | CN¥12.0m | CN¥33.0m | CN¥3.0m | — | CN¥16.0m |
| Capital spending | −CN¥3.0m | −CN¥8.0m | −CN¥18.0m | −CN¥7.0m | −CN¥2.0m | −CN¥1.0m | −CN¥3.0m | −CN¥2.0m |
| Free cash flow | — | — | — | CN¥5.0m | CN¥31.0m | CN¥2.0m | — | CN¥14.0m |
| Total assets | CN¥1.57bn | CN¥1.68bn | CN¥1.64bn | CN¥1.83bn | CN¥1.81bn | CN¥1.85bn | CN¥2.04bn | CN¥2.02bn |
| Cash and short-term investments | — | — | — | CN¥134.2m | CN¥52.1m | CN¥40.3m | CN¥152.9m | CN¥96.8m |
| Debt | CN¥439.4m | CN¥443.3m | CN¥468.8m | CN¥482.0m | CN¥756.1m | CN¥787.2m | CN¥894.0m | CN¥952.5m |
| Shareholders' equity | CN¥440.5m | CN¥423.2m | CN¥432.8m | CN¥570.1m | CN¥597.9m | CN¥623.1m | CN¥641.0m | CN¥634.3m |
Financial ratios
Data as of 28 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | -87.6% | 3.7% | -25.9% | -64.8% | 12.5% | 17.2% |
| Net margin | -87.4% | 2.4% | -32.6% | -63.7% | 8.2% | 11.7% |
| Return on equity | -48.1% | 1.2% | -22.5% | -21.6% | 4.4% | 6.8% |
| Return on assets | -12.7% | 0.4% | -6.7% | -8.1% | 3.3% | 4.8% |
| Free cash flow yield | 5.2% | 2.3% | 10.3% | 10.5% | 8.7% | 12.8% |
| Revenue growth | -29.4% | -23.8% | 65.7% | -47.9% | -5.2% | 40.2% |
| Earnings growth | -2724.7% | -105.5% | -15.0% | -506.9% | -33.9% | 90.5% |
| Current ratio | 0.42x | 0.61x | 0.55x | 0.73x | 2.78x | 2.73x |
| Debt to equity | 1.08x | 1.39x | 1.15x | 0.44x | 0.02x | 0.04x |
| Equity ratio | 26.4% | 31.5% | 29.8% | 37.3% | 75.5% | 70.6% |
| Interest coverage | -6.15x | 0.26x | -1.88x | -5.37x | 51.29x | 24.52x |
| R&D as a share of sales | 6.2% | 8.3% | 7.1% | 8.8% | 5.0% | 4.6% |
| Buybacks as a share of market value | -1.2% | 1.2% | 0.1% | 0.1% | 1.4% | -10.5% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -3.8% | -15.1% | -1.4% |
| Operating income | -19.4% | — | — |
| Net income | 7.0% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -13.6% | -28.5% | -9.0% | 1.2% |
| Net margin | -34.8% | -40.1% | -17.5% | -4.5% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -10.9 | 228.4 | -17.2 | -14.0 | 73.7 | 42.2 | 73.5 | 89.3 | 44.3 |
| Price to sales | 9.5 | 5.4 | 5.6 | 8.9 | 6.0 | 4.9 | 6.3 | 9.0 | 7.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 4 Jun 2021.
| FY2021 | FY2018 | |
|---|---|---|
| Paid in the year | 0.06 | 0.074 |
- 3-for-2 split · 28 Jun 2019
- 9-for-5 split · 10 Jul 2018
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.