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39.60
+2.99%
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¥995.3m
FY2016FY2025
Net income
CN¥99.8m
FY2016FY2025
Free cash flow
−CN¥170.3m
FY2016FY2025
Shareholders' equity
CN¥631.9m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥995.3m | CN¥465.9m | CN¥568.8m | CN¥499.5m | CN¥417.5m | CN¥336.9m | CN¥421.9m | CN¥343.7m | CN¥248.7m | CN¥169.5m |
| Gross profit | CN¥226.6m | CN¥114.1m | CN¥76.5m | CN¥52.5m | CN¥70.0m | CN¥95.6m | CN¥138.2m | CN¥112.1m | CN¥83.8m | CN¥58.0m |
| Research and development | CN¥45.3m | CN¥37.3m | CN¥36.4m | CN¥36.7m | CN¥27.6m | CN¥21.1m | CN¥26.2m | CN¥21.2m | CN¥12.6m | CN¥7.4m |
| Operating income | CN¥129.5m | CN¥31.3m | −CN¥10.7m | −CN¥30.4m | −CN¥17.6m | CN¥11.7m | CN¥65.0m | CN¥56.8m | CN¥40.9m | CN¥28.5m |
| Net income | CN¥99.8m | CN¥27.4m | −CN¥13.6m | −CN¥47.6m | −CN¥10.1m | CN¥15.2m | CN¥64.3m | CN¥50.7m | CN¥36.0m | CN¥27.9m |
| Diluted earnings per share | 1.07 | 0.30 | -0.15 | -0.50 | -0.11 | 0.16 | 0.92 | 0.72 | 2.57 | 2.15 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥1.36bn | CN¥1.27bn | CN¥907.9m | CN¥844.6m | CN¥842.5m | CN¥812.9m | CN¥459.5m | CN¥367.2m | CN¥322.4m | CN¥177.7m |
| Cash and short-term investments | — | CN¥306.8m | CN¥62.9m | CN¥64.2m | CN¥130.9m | CN¥295.8m | CN¥65.9m | CN¥98.2m | CN¥67.9m | CN¥49.9m |
| Total liabilities | CN¥721.6m | CN¥739.5m | CN¥380.0m | CN¥302.6m | CN¥237.0m | CN¥197.5m | CN¥160.0m | CN¥132.0m | CN¥137.7m | CN¥79.5m |
| Debt | — | CN¥23.4m | CN¥67.4m | CN¥13.7m | CN¥22.8m | CN¥84.5m | CN¥31.0m | CN¥39.7m | CN¥35.7m | CN¥3.0m |
| Shareholders' equity | CN¥631.9m | CN¥532.4m | CN¥528.0m | CN¥541.6m | CN¥604.3m | CN¥614.6m | CN¥298.8m | CN¥234.6m | CN¥183.8m | CN¥97.9m |
| Shares outstanding | 93m | 91m | 93m | 94m | 89m | 98m | 70m | 70m | 14m | 13m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −CN¥153.3m | CN¥325.3m | −CN¥10.6m | CN¥23.9m | −CN¥90.6m | −CN¥20.5m | −CN¥11.3m | CN¥49.2m | −CN¥22.9m | CN¥10.6m |
| Capital spending | −CN¥17.0m | −CN¥31.2m | −CN¥45.1m | −CN¥73.4m | −CN¥73.7m | −CN¥44.1m | −CN¥12.4m | −CN¥22.4m | −CN¥9.8m | −CN¥6.9m |
| Free cash flow | −CN¥170.3m | CN¥294.1m | −CN¥55.7m | −CN¥49.5m | −CN¥164.3m | −CN¥64.6m | −CN¥23.7m | CN¥26.8m | −CN¥32.7m | CN¥3.7m |
| Dividends paid | −CN¥20.6m | −CN¥12.7m | −CN¥1.5m | −CN¥15.0m | −CN¥238,983 | −CN¥238,982 | −CN¥88,175 | −CN¥238,982 | −CN¥149,789 | −CN¥270,403 |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥171.6m | CN¥99.5m | CN¥509.1m | CN¥257.1m | CN¥150.0m | CN¥79.1m | CN¥122.1m | CN¥141.9m |
| Gross profit | CN¥38.0m | CN¥26.1m | CN¥105.5m | CN¥63.8m | CN¥35.5m | CN¥21.8m | CN¥31.9m | CN¥41.9m |
| Operating income | CN¥12.2m | CN¥7.3m | CN¥70.0m | CN¥30.7m | CN¥13.5m | CN¥9.6m | CN¥11.7m | CN¥5.8m |
| Net income | CN¥15.5m | CN¥7.1m | CN¥49.1m | CN¥29.7m | CN¥11.7m | CN¥9.4m | CN¥9.2m | CN¥4.0m |
| Diluted earnings per share | 0.17 | 0.08 | 0.53 | 0.32 | 0.13 | 0.10 | 0.10 | 0.04 |
| Cash from operations | — | — | — | −CN¥140.0m | −CN¥45.0m | −CN¥103.0m | — | CN¥51.0m |
| Capital spending | −CN¥2.0m | −CN¥3.0m | −CN¥2.0m | −CN¥5.0m | −CN¥2.0m | −CN¥6.0m | −CN¥19.0m | −CN¥1.0m |
| Free cash flow | — | — | — | −CN¥145.0m | −CN¥47.0m | −CN¥109.0m | — | CN¥50.0m |
| Total assets | CN¥1.33bn | CN¥1.30bn | CN¥1.36bn | CN¥1.27bn | CN¥1.33bn | CN¥1.30bn | CN¥1.27bn | CN¥874.3m |
| Cash and short-term investments | — | — | — | CN¥61.1m | CN¥116.9m | CN¥197.4m | CN¥306.8m | CN¥120.8m |
| Debt | CN¥14.5m | — | — | CN¥244.0m | CN¥1.3m | CN¥24.7m | CN¥23.4m | CN¥23.5m |
| Shareholders' equity | CN¥638.6m | CN¥640.7m | CN¥631.9m | CN¥570.1m | CN¥535.9m | CN¥541.8m | CN¥532.4m | CN¥521.1m |
Financial ratios
Data as of 14 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2016 | |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 22.8% | 24.5% | 13.4% | 10.5% | 16.8% | 28.4% | — | — |
| Operating margin | 10.9% | 7.1% | -1.8% | -5.9% | -3.5% | 4.8% | — | — |
| Net margin | 10.0% | 5.9% | -2.4% | -9.5% | -2.4% | 4.5% | — | — |
| Return on equity | 15.8% | 5.1% | -2.6% | -8.8% | -1.7% | 2.5% | — | — |
| Return on assets | 7.4% | 2.2% | -1.5% | -5.6% | -1.2% | 1.9% | — | — |
| Free cash flow yield | -3.0% | 8.0% | 0.8% | 2.1% | -0.4% | 0.5% | — | — |
| Revenue growth | 113.7% | -18.1% | 13.9% | 19.6% | 23.9% | -20.1% | — | — |
| Earnings growth | 264.2% | -301.5% | -71.4% | 369.1% | -166.7% | -76.3% | — | — |
| Current ratio | 1.60x | 1.45x | 1.91x | 2.27x | 3.17x | 3.93x | — | — |
| Debt to equity | — | 0.04x | 0.13x | -0.05x | 0.00x | — | -0.10x | 0.03x |
| Equity ratio | 46.6% | 41.8% | 58.2% | 64.1% | 71.7% | 75.6% | — | — |
| Interest coverage | 51.74x | 10.91x | -5.50x | -21.13x | -9.94x | 165.29x | — | — |
| R&D as a share of sales | 4.5% | 8.0% | 6.4% | 7.3% | 6.6% | 6.3% | — | — |
| Buybacks as a share of market value | -2.4% | 1.9% | 2.0% | -5.8% | 8.5% | -40.2% | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 25.8% | 24.2% | 23.9% |
| Operating income | — | 61.7% | 33.7% |
| Net income | — | 45.7% | 30.9% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 23.3% | 18.6% | 19.3% | 23.2% |
| Operating margin | 11.0% | 4.7% | 3.5% | 6.8% |
| Net margin | 8.7% | 2.6% | 2.2% | 5.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | 51.1 | 96.2 | -133.4 | -27.5 | -164.1 | 163.3 |
| Price to sales | 5.1 | 5.7 | 3.2 | 2.6 | 4.0 | 7.4 |
Dividends and splits
Per share, in the currency the company pays
Paid for 2 years. Last went ex-dividend on 26 Jun 2026.
| FY2026 | FY2025 | FY2024 | FY2022 | |
|---|---|---|---|---|
| Paid in the year | 0.20 | 0.207 | 0.109 | 0.21 |
- 1.45-for-1 split · 28 May 2025
- 13-for-10 split · 10 Jun 2022
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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