N 
15.47
+0.59%
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¥1.01bn
FY2016FY2025
Net income
CN¥77.8m
FY2016FY2025
Free cash flow
−CN¥366.6m
FY2016FY2025
Shareholders' equity
CN¥1.84bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.01bn | CN¥1.12bn | CN¥937.8m | CN¥748.5m | CN¥1.05bn | CN¥368.1m | CN¥349.2m | CN¥326.0m | CN¥276.3m | CN¥215.5m |
| Gross profit | CN¥398.7m | CN¥416.2m | CN¥337.8m | CN¥242.4m | CN¥321.2m | CN¥147.7m | CN¥165.2m | CN¥155.2m | CN¥119.6m | CN¥104.8m |
| Research and development | CN¥47.6m | CN¥39.0m | CN¥34.9m | CN¥28.2m | CN¥25.2m | CN¥15.4m | CN¥11.1m | CN¥12.1m | CN¥8.5m | CN¥8.3m |
| Operating income | CN¥94.7m | CN¥144.6m | CN¥102.4m | CN¥182.3m | CN¥216.6m | CN¥50.5m | CN¥84.8m | CN¥78.3m | CN¥51.2m | CN¥61.5m |
| Net income | CN¥77.8m | CN¥116.5m | CN¥80.1m | CN¥134.3m | CN¥184.2m | CN¥40.6m | CN¥69.4m | CN¥65.5m | CN¥42.5m | CN¥49.5m |
| Diluted earnings per share | 0.46 | 0.73 | 0.42 | 0.91 | 1.27 | 0.31 | 0.62 | 0.83 | 0.80 | 0.44 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥3.36bn | CN¥2.57bn | CN¥2.39bn | CN¥2.09bn | CN¥1.92bn | CN¥1.72bn | CN¥612.7m | CN¥565.6m | CN¥525.4m | CN¥475.9m |
| Cash and short-term investments | — | CN¥521.7m | CN¥800.2m | CN¥587.8m | CN¥730.8m | CN¥755.4m | CN¥202.6m | CN¥149.3m | CN¥165.2m | CN¥129.2m |
| Total liabilities | CN¥1.50bn | CN¥979.2m | CN¥1.04bn | CN¥822.0m | CN¥805.1m | CN¥835.8m | CN¥95.3m | CN¥123.1m | CN¥149.3m | CN¥142.2m |
| Debt | CN¥537.9m | CN¥463.7m | CN¥415.7m | CN¥392.4m | CN¥344.5m | CN¥20.0m | CN¥20.8m | CN¥34.1m | CN¥84.3m | CN¥71.2m |
| Shareholders' equity | CN¥1.84bn | CN¥1.58bn | CN¥1.33bn | CN¥1.26bn | CN¥1.11bn | CN¥874.6m | CN¥512.1m | CN¥441.6m | CN¥376.3m | CN¥333.7m |
| Shares outstanding | 169m | 159m | 188m | 147m | 145m | 132m | 112m | 79m | 53m | 112m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥89.8m | CN¥30.3m | CN¥304.4m | CN¥127.9m | −CN¥37.3m | CN¥354.1m | CN¥36.3m | CN¥66.9m | CN¥45.2m | CN¥55.4m |
| Capital spending | −CN¥456.5m | −CN¥458.1m | −CN¥187.0m | −CN¥275.9m | −CN¥325.6m | −CN¥249.4m | −CN¥32.8m | −CN¥46.4m | −CN¥18.2m | −CN¥16.8m |
| Free cash flow | −CN¥366.6m | −CN¥427.9m | CN¥117.4m | −CN¥147.9m | −CN¥362.9m | CN¥104.6m | CN¥3.4m | CN¥20.5m | CN¥27.0m | CN¥38.6m |
| Dividends paid | −CN¥25.5m | −CN¥39.0m | −CN¥30.8m | −CN¥1.9m | −CN¥4.9m | −CN¥14.0m | −CN¥1.8m | −CN¥2.4m | −CN¥3.1m | −CN¥6.9m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥255.9m | CN¥241.6m | CN¥295.0m | CN¥300.9m | CN¥219.4m | CN¥193.9m | CN¥200.7m | CN¥294.5m |
| Gross profit | CN¥106.5m | CN¥81.8m | CN¥100.9m | CN¥139.3m | CN¥87.6m | CN¥70.9m | CN¥72.0m | CN¥125.9m |
| Operating income | CN¥20.3m | CN¥18.7m | CN¥14.8m | CN¥57.2m | CN¥15.9m | CN¥9.4m | −CN¥300,941 | CN¥41.0m |
| Net income | −CN¥3.3m | −CN¥8.5m | CN¥15.3m | CN¥45.5m | CN¥11.3m | CN¥5.7m | −CN¥3.9m | CN¥36.0m |
| Diluted earnings per share | -0.02 | -0.05 | 0.09 | 0.27 | 0.07 | 0.03 | -0.02 | 0.23 |
| Cash from operations | — | — | — | −CN¥41.0m | CN¥20.0m | −CN¥13.0m | — | CN¥4.0m |
| Capital spending | −CN¥124.0m | −CN¥144.0m | −CN¥166.0m | −CN¥56.0m | −CN¥92.0m | −CN¥140.0m | −CN¥107.0m | −CN¥106.0m |
| Free cash flow | — | — | — | −CN¥97.0m | −CN¥72.0m | −CN¥153.0m | — | −CN¥102.0m |
| Total assets | CN¥3.81bn | CN¥3.76bn | CN¥3.36bn | CN¥3.10bn | CN¥2.89bn | CN¥2.78bn | CN¥2.57bn | CN¥2.41bn |
| Cash and short-term investments | — | — | — | CN¥615.5m | CN¥571.2m | CN¥532.5m | CN¥521.7m | CN¥409.2m |
| Debt | CN¥935.2m | CN¥918.2m | CN¥537.9m | CN¥465.1m | CN¥542.6m | CN¥451.8m | CN¥461.0m | CN¥444.1m |
| Shareholders' equity | CN¥1.88bn | CN¥1.90bn | CN¥1.84bn | CN¥1.81bn | CN¥1.77bn | CN¥1.76bn | CN¥1.58bn | CN¥1.50bn |
Financial ratios
Data as of 12 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 39.5% | 37.1% | 36.0% | 32.4% | 30.5% | 40.1% |
| Operating margin | 10.7% | 14.8% | 14.3% | 24.8% | 21.1% | 14.1% |
| Net margin | 7.7% | 10.4% | 8.5% | 17.9% | 17.5% | 11.0% |
| Return on equity | 4.2% | 7.4% | 6.0% | 10.7% | 16.6% | 4.6% |
| Return on assets | 2.3% | 4.5% | 3.4% | 6.4% | 9.6% | 2.4% |
| Free cash flow yield | 21.0% | 19.9% | 16.9% | 17.8% | 12.8% | 29.7% |
| Revenue growth | -10.0% | 19.6% | 25.3% | -28.9% | 186.0% | 5.4% |
| Earnings growth | -33.2% | 45.5% | -40.4% | -27.1% | 353.3% | -41.5% |
| Current ratio | 1.77x | 2.18x | 2.23x | 2.52x | 4.32x | 1.97x |
| Debt to equity | 0.29x | 0.29x | 0.31x | 0.28x | 0.31x | 0.02x |
| Equity ratio | 54.8% | 61.4% | 55.8% | 60.3% | 57.8% | 51.0% |
| Interest coverage | 6.90x | 7.17x | 4.11x | 6.45x | 35.37x | 40.90x |
| R&D as a share of sales | 4.7% | 3.5% | 3.7% | 3.8% | 2.4% | 4.2% |
| Buybacks as a share of market value | -6.2% | 15.7% | -28.2% | -1.1% | -10.4% | -17.6% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 10.5% | 22.3% | 20.2% |
| Operating income | -19.6% | 13.4% | 12.2% |
| Net income | -16.7% | 13.9% | 11.1% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 38.2% | 36.5% | 35.6% | 37.9% |
| Operating margin | 11.2% | 13.7% | 15.1% | 16.7% |
| Net margin | 9.1% | 10.7% | 12.1% | 13.5% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | 63.2 | 28.5 | 42.7 | 11.7 | 14.3 | 37.4 |
| Price to sales | 4.9 | 3.0 | 3.6 | 2.1 | 2.5 | 4.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 3 years. Last went ex-dividend on 19 May 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Paid in the year | 0.09 | 0.054 | 0.215 | 0.22 | 0.026 | 0.073 |
- 7-for-5 split · 29 Apr 2024
- 3-for-2 split · 29 Mar 2023
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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