W 
21.08
+8.44%
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¥2.65bn
FY2016FY2025
Net income
CN¥240.3m
FY2016FY2025
Free cash flow
CN¥76.9m
FY2016FY2025
Shareholders' equity
CN¥2.02bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥2.65bn | CN¥2.40bn | CN¥1.83bn | CN¥1.15bn | CN¥929.7m | CN¥578.1m | CN¥406.6m | CN¥226.6m | CN¥150.5m | CN¥195.6m |
| Gross profit | CN¥579.8m | CN¥419.3m | CN¥309.7m | CN¥211.2m | CN¥213.5m | CN¥150.6m | CN¥115.3m | CN¥63.4m | CN¥43.5m | CN¥64.1m |
| Research and development | CN¥104.6m | CN¥92.9m | CN¥74.1m | CN¥52.0m | CN¥38.9m | CN¥30.0m | CN¥23.2m | CN¥15.9m | CN¥12.4m | CN¥11.0m |
| Operating income | CN¥320.1m | CN¥289.3m | CN¥181.4m | CN¥91.3m | CN¥117.4m | CN¥70.7m | CN¥40.0m | CN¥6.9m | CN¥20.1m | CN¥34.4m |
| Net income | CN¥240.3m | CN¥224.4m | CN¥146.8m | CN¥75.6m | CN¥97.6m | CN¥53.7m | CN¥30.0m | CN¥3.8m | CN¥18.3m | CN¥32.5m |
| Diluted earnings per share | 1.05 | 1.02 | 0.64 | 0.34 | 0.47 | 0.37 | 0.15 | 0.02 | 0.11 | 0.25 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥4.35bn | CN¥4.00bn | CN¥3.51bn | CN¥2.87bn | CN¥1.68bn | CN¥1.39bn | CN¥997.1m | CN¥880.0m | CN¥461.9m | CN¥355.2m |
| Cash and short-term investments | — | CN¥674.3m | CN¥734.1m | CN¥646.9m | CN¥119.4m | CN¥207.3m | CN¥60.7m | CN¥80.6m | CN¥161.0m | CN¥79.4m |
| Total liabilities | CN¥2.18bn | CN¥2.00bn | CN¥1.74bn | CN¥1.17bn | CN¥731.4m | CN¥532.2m | CN¥408.4m | CN¥324.3m | CN¥122.5m | CN¥154.1m |
| Debt | CN¥202.1m | CN¥879.4m | CN¥944.6m | CN¥730.9m | CN¥373.7m | CN¥268.3m | CN¥242.8m | CN¥215.0m | CN¥55.0m | CN¥53.0m |
| Shareholders' equity | CN¥2.02bn | CN¥1.93bn | CN¥1.73bn | CN¥1.66bn | CN¥899.7m | CN¥816.4m | CN¥547.2m | CN¥524.6m | CN¥339.4m | CN¥201.1m |
| Shares outstanding | 229m | 220m | 228m | 221m | 208m | 146m | 203m | 169m | 166m | 131m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥233.8m | CN¥387.8m | CN¥37.4m | −CN¥51.6m | CN¥21.4m | CN¥44.1m | CN¥65.1m | CN¥24.6m | −CN¥8.1m | CN¥49.2m |
| Capital spending | −CN¥157.0m | −CN¥328.3m | −CN¥180.8m | −CN¥452.9m | −CN¥205.6m | −CN¥115.4m | −CN¥97.6m | −CN¥73.5m | −CN¥18.0m | −CN¥21.2m |
| Free cash flow | CN¥76.9m | CN¥59.4m | −CN¥143.4m | −CN¥504.5m | −CN¥184.3m | −CN¥71.4m | −CN¥32.4m | −CN¥48.9m | −CN¥26.1m | CN¥28.0m |
| Dividends paid | −CN¥75.4m | −CN¥80.9m | −CN¥23.1m | −CN¥20.2m | −CN¥27.0m | −CN¥7.4m | −CN¥7.4m | −CN¥18.8m | −CN¥2.5m | −CN¥12.9m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥653.6m | CN¥581.0m | CN¥836.2m | CN¥585.6m | CN¥618.3m | CN¥605.8m | CN¥754.2m | CN¥582.8m |
| Gross profit | CN¥120.3m | CN¥100.3m | CN¥149.0m | CN¥90.1m | CN¥110.5m | CN¥109.8m | CN¥113.5m | CN¥102.1m |
| Operating income | CN¥67.0m | CN¥70.7m | CN¥94.1m | CN¥128.7m | CN¥61.3m | CN¥76.5m | CN¥97.3m | CN¥56.5m |
| Net income | CN¥27.0m | CN¥58.1m | CN¥30.0m | CN¥105.5m | CN¥46.1m | CN¥58.7m | CN¥70.8m | CN¥50.3m |
| Diluted earnings per share | 0.12 | 0.25 | 0.13 | 0.46 | 0.20 | 0.26 | 0.32 | 0.23 |
| Cash from operations | — | — | — | CN¥122.0m | CN¥29.0m | — | CN¥259.0m | −CN¥2.0m |
| Capital spending | −CN¥23.0m | −CN¥68.0m | −CN¥80.0m | −CN¥19.0m | −CN¥17.0m | −CN¥40.0m | −CN¥178.0m | −CN¥23.0m |
| Free cash flow | — | — | — | CN¥103.0m | CN¥12.0m | — | CN¥81.0m | −CN¥25.0m |
| Total assets | CN¥4.17bn | CN¥4.28bn | CN¥4.35bn | CN¥4.21bn | CN¥4.07bn | CN¥4.08bn | CN¥4.00bn | CN¥3.80bn |
| Cash and short-term investments | — | — | — | CN¥694.4m | CN¥700.0m | CN¥719.8m | CN¥674.3m | CN¥672.0m |
| Debt | CN¥226.6m | CN¥188.1m | CN¥202.1m | CN¥1.44bn | CN¥962.4m | CN¥947.0m | CN¥879.4m | CN¥1.13bn |
| Shareholders' equity | CN¥2.01bn | CN¥2.08bn | CN¥2.02bn | CN¥1.98bn | CN¥1.91bn | CN¥1.95bn | CN¥1.93bn | CN¥1.84bn |
Financial ratios
Data as of 4 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 21.9% | 17.5% | 16.9% | 18.4% | 23.0% | 26.1% |
| Operating margin | 12.1% | 12.1% | 9.9% | 7.9% | 12.6% | 12.2% |
| Net margin | 9.1% | 9.4% | 8.0% | 6.6% | 10.5% | 9.3% |
| Return on equity | 11.9% | 11.6% | 8.5% | 4.6% | 10.9% | 6.6% |
| Return on assets | 5.5% | 5.6% | 4.2% | 2.6% | 5.8% | 3.9% |
| Free cash flow yield | 8.5% | 16.2% | 4.8% | 9.0% | 5.4% | 5.4% |
| Revenue growth | 10.4% | 31.2% | 59.1% | 23.5% | 60.8% | 42.2% |
| Earnings growth | 7.1% | 52.8% | 94.3% | -22.6% | 81.9% | 78.7% |
| Current ratio | 1.17x | 1.23x | 1.34x | 1.52x | 1.19x | 1.56x |
| Debt to equity | 0.10x | 0.46x | 0.55x | 0.44x | 0.42x | 0.33x |
| Equity ratio | 46.4% | 48.2% | 49.4% | 57.8% | 53.4% | 58.7% |
| Interest coverage | 9.83x | 8.21x | 7.10x | 4.30x | 12.15x | 6.92x |
| R&D as a share of sales | 4.0% | 3.9% | 4.1% | 4.5% | 4.2% | 5.2% |
| Buybacks as a share of market value | -4.0% | 3.6% | -3.1% | -6.3% | -42.6% | 28.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 32.1% | 35.6% | 31.5% |
| Operating income | 51.9% | 35.3% | 29.2% |
| Net income | 47.0% | 35.0% | 24.1% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 19.8% | 19.0% | 19.8% | 20.9% |
| Operating margin | 12.1% | 11.0% | 11.2% | 11.2% |
| Net margin | 9.2% | 8.6% | 8.8% | 8.9% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 53.2 | 23.5 | 29.1 | 72.5 | 66.5 | 60.7 | 47.0 | 229.2 | 101.9 |
| Price to sales | 4.8 | 2.2 | 2.3 | 4.8 | 7.0 | 5.6 | 3.5 | 3.9 | 12.4 |
Dividends and splits
Per share, in the currency the company pays
Paid for 8 years. Last went ex-dividend on 17 Jun 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.20 | 0.154 | 0.154 | 0.078 | 0.077 | 0.055 | 0.031 | 0.031 |
- 7-for-5 split · 16 Jun 2021
- 9-for-5 split · 14 May 2020
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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