P 
44.50
-3.03%
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¥14.10bn
FY2016FY2025
Net income
CN¥1.66bn
FY2016FY2025
Free cash flow
CN¥552.0m
FY2016FY2025
Shareholders' equity
CN¥15.06bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥14.10bn | CN¥12.28bn | CN¥11.54bn | CN¥10.27bn | CN¥7.44bn | CN¥5.13bn | CN¥3.76bn | CN¥2.91bn | CN¥2.29bn | CN¥1.63bn |
| Gross profit | CN¥4.91bn | CN¥4.18bn | CN¥4.12bn | CN¥3.76bn | CN¥2.68bn | CN¥1.92bn | CN¥1.33bn | CN¥950.0m | CN¥772.4m | CN¥474.0m |
| Research and development | CN¥576.0m | CN¥469.3m | CN¥448.3m | CN¥282.3m | CN¥151.8m | CN¥105.3m | CN¥62.9m | CN¥31.6m | CN¥22.6m | CN¥16.4m |
| Operating income | CN¥2.22bn | CN¥2.10bn | CN¥1.85bn | CN¥1.69bn | CN¥1.91bn | CN¥1.32bn | CN¥665.2m | CN¥392.6m | CN¥324.0m | CN¥188.0m |
| Net income | CN¥1.66bn | CN¥1.79bn | CN¥1.60bn | CN¥1.37bn | CN¥1.66bn | CN¥1.17bn | CN¥547.2m | CN¥333.0m | CN¥230.9m | CN¥176.9m |
| Diluted earnings per share | 0.94 | 1.00 | 0.90 | 0.78 | 2.10 | 1.48 | 0.83 | 0.56 | 0.39 | 0.10 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥27.09bn | CN¥23.93bn | CN¥26.48bn | CN¥20.49bn | CN¥18.39bn | CN¥11.91bn | CN¥9.94bn | CN¥4.80bn | CN¥3.92bn | CN¥2.80bn |
| Cash and short-term investments | — | CN¥2.81bn | CN¥6.51bn | CN¥2.24bn | CN¥5.10bn | CN¥3.85bn | CN¥4.64bn | CN¥321.1m | CN¥305.5m | CN¥470.2m |
| Total liabilities | CN¥11.36bn | CN¥9.70bn | CN¥13.24bn | CN¥9.65bn | CN¥8.09bn | CN¥2.98bn | CN¥2.10bn | CN¥2.48bn | CN¥1.91bn | CN¥1.04bn |
| Debt | — | CN¥5.98bn | CN¥9.82bn | CN¥6.12bn | CN¥5.29bn | CN¥1.05bn | CN¥1.02bn | CN¥1.60bn | CN¥1.36bn | CN¥676.0m |
| Shareholders' equity | CN¥15.06bn | CN¥13.62bn | CN¥12.56bn | CN¥10.55bn | CN¥10.13bn | CN¥8.87bn | CN¥7.77bn | CN¥2.31bn | CN¥2.00bn | CN¥1.76bn |
| Shares outstanding | 1,767m | 1,787m | 1,779m | 1,772m | 791m | 790m | 656m | 591m | 591m | 1,767m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥3.22bn | CN¥2.58bn | CN¥2.75bn | CN¥2.14bn | CN¥2.06bn | CN¥1.65bn | CN¥938.6m | CN¥790.7m | CN¥552.2m | CN¥235.8m |
| Capital spending | −CN¥2.67bn | −CN¥2.04bn | −CN¥2.87bn | −CN¥2.95bn | −CN¥2.09bn | −CN¥1.32bn | −CN¥754.6m | −CN¥641.0m | −CN¥934.7m | −CN¥1.06bn |
| Free cash flow | CN¥552.0m | CN¥536.0m | −CN¥111.8m | −CN¥807.0m | −CN¥34.8m | CN¥332.8m | CN¥184.0m | CN¥149.8m | −CN¥382.5m | −CN¥819.7m |
| Dividends paid | −CN¥531.0m | −CN¥542.2m | −CN¥444.8m | −CN¥404.8m | −CN¥237.5m | −CN¥119.1m | −CN¥72.2m | −CN¥74.6m | −CN¥60.6m | −CN¥14.4m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥4.02bn | CN¥3.58bn | CN¥4.01bn | CN¥3.59bn | CN¥3.34bn | CN¥3.10bn | CN¥3.46bn | CN¥3.21bn |
| Gross profit | CN¥1.32bn | CN¥1.16bn | CN¥1.46bn | CN¥1.21bn | CN¥1.14bn | CN¥1.04bn | CN¥1.20bn | CN¥1.11bn |
| Operating income | CN¥563.2m | CN¥495.9m | CN¥712.6m | CN¥515.0m | CN¥458.1m | CN¥363.9m | CN¥477.2m | CN¥398.0m |
| Net income | CN¥414.8m | CN¥335.4m | CN¥523.0m | CN¥439.5m | CN¥395.8m | CN¥305.6m | CN¥371.6m | CN¥308.4m |
| Diluted earnings per share | 0.23 | 0.19 | 0.30 | 0.25 | 0.22 | 0.17 | 0.21 | 0.17 |
| Cash from operations | — | — | — | CN¥1.04bn | CN¥555.0m | CN¥852.0m | CN¥806.0m | CN¥670.0m |
| Capital spending | −CN¥789.0m | −CN¥579.0m | −CN¥768.0m | −CN¥746.0m | −CN¥598.0m | −CN¥555.0m | −CN¥541.0m | −CN¥548.0m |
| Free cash flow | — | — | — | CN¥291.0m | −CN¥43.0m | CN¥297.0m | CN¥265.0m | CN¥122.0m |
| Total assets | CN¥28.95bn | CN¥28.56bn | CN¥27.09bn | CN¥25.80bn | CN¥25.20bn | CN¥24.33bn | CN¥23.93bn | CN¥23.57bn |
| Cash and short-term investments | — | — | — | CN¥2.28bn | CN¥2.16bn | CN¥2.68bn | CN¥2.81bn | CN¥2.60bn |
| Debt | CN¥1.92bn | CN¥1.84bn | CN¥1.77bn | CN¥1.71bn | CN¥5.21bn | CN¥5.16bn | CN¥5.14bn | CN¥4.97bn |
| Shareholders' equity | CN¥16.35bn | CN¥16.46bn | CN¥15.06bn | CN¥14.61bn | CN¥14.27bn | CN¥14.04bn | CN¥13.62bn | CN¥13.39bn |
Financial ratios
Data as of 18 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 34.8% | 34.1% | 35.7% | 36.7% | 36.0% | 37.4% |
| Operating margin | 15.8% | 17.1% | 16.0% | 16.5% | 25.7% | 25.8% |
| Net margin | 11.8% | 14.6% | 13.9% | 13.4% | 22.3% | 22.8% |
| Return on equity | 11.0% | 13.2% | 12.8% | 13.0% | 16.4% | 13.2% |
| Return on assets | 6.1% | 7.5% | 6.0% | 6.7% | 9.0% | 9.8% |
| Free cash flow yield | 7.6% | 5.9% | 7.2% | 6.6% | 12.0% | 8.6% |
| Revenue growth | 14.8% | 6.4% | 12.4% | 37.9% | 45.0% | 36.6% |
| Earnings growth | -7.2% | 12.0% | 16.5% | -17.2% | 41.7% | 114.3% |
| Current ratio | 0.93x | 1.80x | 2.98x | 1.67x | 2.90x | 2.80x |
| Debt to equity | 0.12x | 0.38x | 0.70x | 0.49x | 0.48x | 0.09x |
| Equity ratio | 55.6% | 56.9% | 47.4% | 51.5% | 55.1% | 74.5% |
| Interest coverage | 11.54x | 8.63x | 10.14x | 10.10x | 22.67x | 52.52x |
| R&D as a share of sales | 4.1% | 3.8% | 3.9% | 2.8% | 2.0% | 2.1% |
| Buybacks as a share of market value | 1.2% | -0.5% | -0.4% | -124.1% | -0.1% | -20.4% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 11.1% | 22.4% | 28.7% |
| Operating income | 9.6% | 10.9% | 40.7% |
| Net income | 6.6% | 7.3% | 36.5% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 34.5% | 35.2% | 35.5% | 35.1% |
| Operating margin | 16.4% | 16.3% | 18.3% | 17.6% |
| Net margin | 13.1% | 13.4% | 15.3% | 14.7% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Price to earnings | 30.2 | 25.6 | 32.2 | 58.5 | 29.9 | 36.1 | 27.5 |
| Price to sales | 3.6 | 3.7 | 4.5 | 7.8 | 6.7 | 8.2 | 4.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 7 years. Last went ex-dividend on 7 Jul 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.20 | 0.20 | 0.20 | 0.30 | 0.30 | 0.133 | 0.067 | 0.049 |
- 3-for-2 split · 27 Jul 2023
- 3-for-2 split · 14 Jun 2022
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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