S 
46.05
0.00%
Close of 9 Nov 2026, in CNY
Search any instrument
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¥629.6m
FY2016FY2025
Net income
−CN¥56.2m
FY2016FY2025
Free cash flow
−CN¥22.1m
FY2016FY2025
Shareholders' equity
CN¥1.47bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥629.6m | CN¥761.6m | CN¥676.5m | CN¥719.2m | CN¥715.0m | CN¥854.7m | CN¥829.3m | CN¥646.9m | CN¥541.1m | CN¥556.4m |
| Gross profit | CN¥144.7m | CN¥159.4m | CN¥97.6m | CN¥100.7m | CN¥194.9m | CN¥292.6m | CN¥316.0m | CN¥196.1m | CN¥169.9m | CN¥162.0m |
| Research and development | CN¥43.0m | CN¥46.5m | CN¥49.8m | CN¥47.3m | CN¥41.0m | CN¥32.3m | CN¥32.1m | CN¥29.4m | CN¥19.0m | CN¥20.0m |
| Operating income | −CN¥55.3m | CN¥8.5m | −CN¥84.8m | −CN¥126.1m | CN¥30.6m | CN¥121.9m | CN¥155.2m | CN¥71.1m | CN¥43.8m | CN¥35.4m |
| Net income | −CN¥56.2m | CN¥7.1m | −CN¥91.6m | −CN¥115.5m | CN¥28.2m | CN¥106.4m | CN¥131.2m | CN¥61.3m | CN¥39.8m | CN¥33.7m |
| Diluted earnings per share | -0.45 | 0.06 | -0.76 | -0.96 | 0.22 | 0.83 | 1.37 | 0.49 | 0.32 | 0.27 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥2.17bn | CN¥2.11bn | CN¥2.10bn | CN¥2.09bn | CN¥2.28bn | CN¥2.11bn | CN¥740.6m | CN¥614.9m | CN¥472.7m | CN¥471.4m |
| Cash and short-term investments | — | CN¥1.02bn | CN¥781.1m | CN¥720.2m | CN¥1.51bn | CN¥1.52bn | CN¥246.6m | CN¥137.1m | CN¥84.1m | CN¥81.2m |
| Total liabilities | CN¥697.9m | CN¥579.1m | CN¥563.4m | CN¥457.8m | CN¥514.0m | CN¥310.4m | CN¥233.4m | CN¥210.1m | CN¥118.1m | CN¥127.8m |
| Debt | — | CN¥235.6m | CN¥212.8m | CN¥274.4m | CN¥274.7m | CN¥69.5m | CN¥28.3m | CN¥21.2m | CN¥13.4m | CN¥820,000 |
| Shareholders' equity | CN¥1.47bn | CN¥1.53bn | CN¥1.53bn | CN¥1.63bn | CN¥1.77bn | CN¥1.80bn | CN¥507.2m | CN¥404.8m | CN¥354.6m | CN¥343.6m |
| Shares outstanding | 125m | 124m | 120m | 121m | 128m | 128m | 96m | 125m | 125m | 125m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥13.5m | CN¥67.1m | −CN¥62.1m | −CN¥32.8m | CN¥17.9m | CN¥99.0m | CN¥163.0m | CN¥68.8m | CN¥45.2m | CN¥37.9m |
| Capital spending | −CN¥35.6m | −CN¥34.5m | −CN¥31.5m | −CN¥42.8m | −CN¥127.3m | −CN¥67.2m | −CN¥34.9m | −CN¥35.5m | −CN¥9.7m | −CN¥10.3m |
| Free cash flow | −CN¥22.1m | CN¥32.5m | −CN¥93.5m | −CN¥75.6m | −CN¥109.4m | CN¥31.8m | CN¥128.0m | CN¥33.2m | CN¥35.5m | CN¥27.6m |
| Dividends paid | −CN¥8.2m | −CN¥2.4m | −CN¥3.6m | −CN¥8.7m | −CN¥54.7m | −CN¥2.4m | −CN¥28.8m | −CN¥11.7m | −CN¥30.0m | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥165.5m | CN¥140.5m | CN¥189.6m | CN¥149.1m | CN¥141.3m | CN¥149.6m | CN¥204.1m | CN¥126.8m |
| Gross profit | CN¥45.5m | CN¥39.2m | CN¥30.7m | CN¥38.7m | CN¥33.7m | CN¥41.5m | CN¥34.0m | CN¥41.1m |
| Operating income | −CN¥1.3m | −CN¥6.6m | −CN¥20.8m | −CN¥16.4m | −CN¥6.5m | −CN¥2.8m | −CN¥2.8m | −CN¥9.9m |
| Net income | −CN¥6.5m | −CN¥8.1m | −CN¥31.1m | −CN¥15.2m | −CN¥6.2m | −CN¥3.7m | −CN¥3.0m | −CN¥8.5m |
| Diluted earnings per share | -0.05 | -0.06 | -0.25 | -0.12 | -0.05 | -0.03 | -0.02 | -0.07 |
| Cash from operations | — | — | — | CN¥19.0m | CN¥3.0m | — | — | — |
| Capital spending | −CN¥14.0m | −CN¥5.0m | −CN¥8.0m | −CN¥12.0m | −CN¥13.0m | −CN¥1.0m | −CN¥1.0m | −CN¥7.0m |
| Free cash flow | — | — | — | CN¥7.0m | −CN¥10.0m | — | — | — |
| Total assets | CN¥2.51bn | CN¥2.14bn | CN¥2.17bn | CN¥2.08bn | CN¥2.10bn | CN¥2.18bn | CN¥2.11bn | CN¥2.08bn |
| Cash and short-term investments | — | — | — | CN¥935.6m | CN¥953.3m | CN¥967.7m | CN¥1.02bn | CN¥1.04bn |
| Debt | CN¥102.0m | — | — | CN¥377.3m | CN¥339.0m | CN¥382.9m | CN¥232.9m | CN¥213.8m |
| Shareholders' equity | CN¥1.46bn | CN¥1.47bn | CN¥1.47bn | CN¥1.51bn | CN¥1.52bn | CN¥1.53bn | CN¥1.53bn | CN¥1.53bn |
Financial ratios
Data as of 19 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Gross margin | 23.0% | 20.9% | 14.4% | 14.0% | 27.3% | 34.2% | — |
| Operating margin | -8.9% | 1.6% | -12.5% | -17.4% | 4.9% | 14.8% | — |
| Net margin | -8.9% | 0.9% | -13.5% | -16.1% | 3.9% | 12.4% | — |
| Return on equity | -3.8% | 0.5% | -6.0% | -7.1% | 1.6% | 5.9% | — |
| Return on assets | -2.6% | 0.3% | -4.4% | -5.5% | 1.2% | 5.0% | — |
| Free cash flow yield | 0.7% | 1.4% | -0.4% | 0.1% | 1.9% | 2.2% | — |
| Revenue growth | -17.3% | 12.6% | -5.9% | 0.6% | -16.3% | 3.1% | — |
| Earnings growth | -894.1% | -107.7% | -20.7% | -509.5% | -73.5% | -18.9% | — |
| Current ratio | 2.69x | 3.23x | 3.44x | 4.77x | 4.75x | 7.76x | — |
| Debt to equity | — | 0.15x | 0.14x | 0.15x | 0.14x | 0.04x | 0.06x |
| Equity ratio | 67.9% | 72.4% | 73.0% | 77.9% | 77.5% | 85.3% | — |
| Interest coverage | -12.24x | 1.73x | -16.63x | -14.17x | 6.60x | 335.85x | — |
| R&D as a share of sales | 6.8% | 6.1% | 7.4% | 6.6% | 5.7% | 3.8% | — |
| Buybacks as a share of market value | -0.6% | -3.5% | 0.6% | 5.9% | -0.1% | -33.4% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -4.3% | -5.9% | 2.9% |
| Operating income | -24.0% | — | — |
| Net income | -21.4% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 21.9% | 18.0% | 22.7% | 26.6% |
| Operating margin | -3.4% | -9.3% | -2.4% | 3.0% |
| Net margin | -3.5% | -9.2% | -2.8% | 2.3% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | -70.5 | 475.1 | -28.4 | -15.9 | 117.0 | 53.7 |
| Price to sales | 6.3 | 4.4 | 3.9 | 2.6 | 4.6 | 6.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 1 years. Last went ex-dividend on 1 Jul 2025.
| FY2025 | FY2021 | |
|---|---|---|
| Paid in the year | 0.045 | 0.38 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.