H 
25.11
-4.89%
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¥1.61bn
FY2016FY2025
Net income
CN¥114.7m
FY2016FY2025
Free cash flow
−CN¥82.4m
FY2016FY2025
Shareholders' equity
CN¥2.41bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.61bn | CN¥1.51bn | CN¥1.42bn | CN¥1.53bn | CN¥1.44bn | CN¥1.03bn | CN¥878.1m | CN¥802.0m | CN¥652.4m | CN¥585.8m |
| Gross profit | CN¥522.0m | CN¥302.3m | CN¥254.5m | CN¥290.9m | CN¥261.0m | CN¥252.2m | CN¥287.9m | CN¥235.3m | CN¥171.1m | CN¥172.0m |
| Research and development | CN¥63.6m | CN¥56.8m | CN¥53.8m | CN¥58.5m | CN¥52.5m | CN¥41.4m | CN¥33.3m | CN¥31.1m | CN¥25.0m | CN¥48.4m |
| Operating income | CN¥207.0m | CN¥25.4m | CN¥79.1m | CN¥130.3m | CN¥139.8m | CN¥139.2m | CN¥126.8m | CN¥91.6m | CN¥62.7m | CN¥36.8m |
| Net income | CN¥114.7m | CN¥37.5m | CN¥85.2m | CN¥132.2m | CN¥129.2m | CN¥119.6m | CN¥115.2m | CN¥83.5m | CN¥47.7m | CN¥53.7m |
| Diluted earnings per share | 0.53 | 0.18 | 0.48 | 0.72 | 0.72 | 0.66 | 0.84 | 0.62 | 0.34 | 0.40 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥3.59bn | CN¥3.46bn | CN¥3.40bn | CN¥2.51bn | CN¥2.19bn | CN¥1.75bn | CN¥1.21bn | CN¥1.01bn | CN¥803.1m | CN¥747.1m |
| Cash and short-term investments | — | CN¥489.0m | CN¥575.1m | CN¥262.3m | CN¥215.4m | CN¥318.8m | CN¥29.5m | CN¥30.9m | CN¥25.1m | CN¥29.9m |
| Total liabilities | CN¥1.22bn | CN¥1.65bn | CN¥1.70bn | CN¥964.1m | CN¥748.4m | CN¥414.8m | CN¥536.5m | CN¥476.5m | CN¥342.9m | CN¥340.3m |
| Debt | CN¥387.2m | CN¥978.0m | CN¥1.23bn | CN¥588.3m | CN¥330.3m | CN¥63.4m | CN¥324.1m | CN¥288.5m | CN¥225.0m | CN¥233.1m |
| Shareholders' equity | CN¥2.41bn | CN¥1.84bn | CN¥1.70bn | CN¥1.53bn | CN¥1.41bn | CN¥1.30bn | CN¥640.0m | CN¥524.8m | CN¥453.9m | CN¥406.2m |
| Shares outstanding | 217m | 206m | 178m | 185m | 180m | 181m | 138m | 134m | 138m | 134m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥304.1m | CN¥260.5m | CN¥35.4m | CN¥161.6m | CN¥52.1m | CN¥152.1m | CN¥155.7m | CN¥95.5m | CN¥105.8m | CN¥110.8m |
| Capital spending | −CN¥386.5m | −CN¥416.2m | −CN¥423.8m | −CN¥346.9m | −CN¥347.7m | −CN¥134.4m | −CN¥178.8m | −CN¥133.1m | −CN¥97.7m | −CN¥88.5m |
| Free cash flow | −CN¥82.4m | −CN¥155.7m | −CN¥388.4m | −CN¥185.3m | −CN¥295.5m | CN¥17.6m | −CN¥23.2m | −CN¥37.6m | CN¥8.1m | CN¥22.2m |
| Dividends paid | −CN¥30.5m | −CN¥39.4m | −CN¥43.7m | −CN¥13.5m | −CN¥27.1m | −CN¥9.5m | −CN¥14.5m | −CN¥24.5m | −CN¥10.6m | −CN¥9.9m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥436.0m | CN¥390.1m | CN¥410.4m | CN¥426.7m | CN¥433.1m | CN¥344.0m | CN¥395.0m | CN¥373.4m |
| Gross profit | CN¥70.7m | CN¥74.5m | CN¥79.6m | CN¥87.8m | CN¥106.5m | CN¥85.3m | CN¥81.9m | CN¥80.2m |
| Operating income | CN¥29.5m | CN¥37.4m | CN¥40.9m | CN¥38.8m | CN¥66.5m | CN¥47.6m | −CN¥78.0m | CN¥46.6m |
| Net income | CN¥22.2m | CN¥29.7m | −CN¥17.4m | CN¥36.3m | CN¥57.2m | CN¥38.6m | −CN¥64.1m | CN¥40.3m |
| Diluted earnings per share | 0.10 | 0.14 | -0.08 | 0.17 | 0.26 | 0.18 | -0.31 | 0.20 |
| Cash from operations | — | — | — | CN¥124.0m | CN¥82.0m | CN¥55.0m | CN¥42.0m | CN¥64.0m |
| Capital spending | −CN¥32.0m | −CN¥84.0m | −CN¥181.0m | −CN¥79.0m | −CN¥54.0m | −CN¥71.0m | −CN¥205.0m | −CN¥109.0m |
| Free cash flow | — | — | — | CN¥45.0m | CN¥28.0m | −CN¥16.0m | −CN¥163.0m | −CN¥45.0m |
| Total assets | CN¥3.69bn | CN¥3.70bn | CN¥3.59bn | CN¥3.51bn | CN¥3.48bn | CN¥3.48bn | CN¥3.46bn | CN¥3.44bn |
| Cash and short-term investments | — | — | — | CN¥412.1m | CN¥395.5m | CN¥417.5m | CN¥489.0m | CN¥548.6m |
| Debt | CN¥351.2m | CN¥406.4m | CN¥387.2m | CN¥482.1m | CN¥768.2m | CN¥1.18bn | CN¥970.2m | CN¥945.5m |
| Shareholders' equity | CN¥2.44bn | CN¥2.44bn | CN¥2.41bn | CN¥2.42bn | CN¥2.28bn | CN¥1.85bn | CN¥1.84bn | CN¥1.73bn |
Financial ratios
Data as of 19 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 32.3% | 20.1% | 17.9% | 19.0% | 18.1% | 24.5% |
| Operating margin | 9.0% | 3.3% | 7.9% | 9.2% | 9.8% | 13.5% |
| Net margin | 7.1% | 2.5% | 6.0% | 8.6% | 9.0% | 11.6% |
| Return on equity | 4.8% | 2.0% | 5.0% | 8.7% | 9.2% | 9.2% |
| Return on assets | 3.2% | 1.1% | 2.5% | 5.3% | 5.9% | 6.8% |
| Free cash flow yield | 13.7% | 14.2% | 11.1% | 11.9% | 9.6% | 6.8% |
| Revenue growth | 7.2% | 6.2% | -7.6% | 6.4% | 40.4% | 17.0% |
| Earnings growth | 205.9% | -56.0% | -35.5% | 2.4% | 8.0% | 3.8% |
| Current ratio | 1.24x | 1.19x | 2.08x | 1.01x | 1.01x | 1.80x |
| Debt to equity | 0.16x | 0.53x | 0.71x | 0.37x | 0.22x | 0.05x |
| Equity ratio | 67.0% | 53.1% | 50.1% | 60.9% | 64.6% | 74.3% |
| Interest coverage | 6.39x | 1.62x | 3.16x | 10.58x | 23.70x | 13.75x |
| R&D as a share of sales | 3.9% | 3.8% | 3.8% | 3.8% | 3.6% | 4.0% |
| Buybacks as a share of market value | -5.6% | -15.4% | 3.6% | -2.7% | 0.6% | -31.3% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 1.7% | 9.5% | 11.0% |
| Operating income | 16.7% | 8.3% | 18.1% |
| Net income | -4.6% | -0.8% | 12.2% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 26.4% | 22.6% | 22.0% | 24.2% |
| Operating margin | 7.4% | 7.3% | 8.4% | 9.0% |
| Net margin | 4.9% | 6.1% | 7.2% | 7.9% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | 31.4 | 103.1 | 43.7 | 30.5 | 63.6 | 87.5 |
| Price to sales | 2.2 | 2.6 | 2.6 | 2.6 | 5.7 | 10.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 5 years. Last went ex-dividend on 8 Jun 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Paid in the year | 0.10 | 0.05 | 0.10 | 0.11 | 0.075 | 0.125 |
- 8-for-5 split · 27 May 2021
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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