S 
5.75
-1.03%
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¥2.85bn
FY2016FY2025
Net income
−CN¥13.5m
FY2016FY2025
Free cash flow
−CN¥59.9m
FY2016FY2025
Shareholders' equity
CN¥2.11bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥2.85bn | CN¥3.09bn | CN¥2.80bn | CN¥2.58bn | CN¥2.53bn | CN¥2.05bn | CN¥2.09bn | CN¥1.90bn | CN¥1.95bn | CN¥1.46bn |
| Gross profit | CN¥318.9m | CN¥399.2m | CN¥405.6m | CN¥382.5m | CN¥363.6m | CN¥335.3m | CN¥346.9m | CN¥313.9m | CN¥282.6m | CN¥251.5m |
| Research and development | CN¥100.2m | CN¥104.7m | CN¥99.1m | CN¥84.5m | CN¥82.6m | CN¥68.8m | CN¥73.8m | CN¥56.8m | CN¥60.9m | CN¥52.8m |
| Operating income | CN¥56.1m | CN¥113.3m | CN¥147.3m | CN¥137.8m | CN¥87.3m | CN¥131.5m | CN¥97.2m | CN¥87.8m | CN¥54.1m | CN¥47.6m |
| Net income | −CN¥13.5m | CN¥38.1m | CN¥66.4m | CN¥76.3m | CN¥81.7m | CN¥91.6m | CN¥97.3m | CN¥88.8m | CN¥48.6m | CN¥44.9m |
| Diluted earnings per share | -0.03 | 0.07 | 0.13 | 0.19 | 0.17 | 0.23 | 0.27 | 0.17 | 0.09 | 0.09 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥4.24bn | CN¥4.28bn | CN¥3.94bn | CN¥3.43bn | CN¥2.87bn | CN¥2.23bn | CN¥1.89bn | CN¥1.67bn | CN¥1.59bn | CN¥1.62bn |
| Cash and short-term investments | — | CN¥837.6m | CN¥942.0m | CN¥872.0m | CN¥660.7m | CN¥403.1m | CN¥381.9m | CN¥283.8m | CN¥229.3m | CN¥429.6m |
| Total liabilities | CN¥2.12bn | CN¥2.58bn | CN¥2.28bn | CN¥1.85bn | CN¥1.49bn | CN¥1.17bn | CN¥924.7m | CN¥802.7m | CN¥850.6m | CN¥927.3m |
| Debt | CN¥144.4m | CN¥1.60bn | CN¥1.66bn | CN¥1.41bn | CN¥827.5m | CN¥728.0m | CN¥541.8m | CN¥560.0m | CN¥519.4m | CN¥506.1m |
| Shareholders' equity | CN¥2.11bn | CN¥1.66bn | CN¥1.62bn | CN¥1.55bn | CN¥1.35bn | CN¥1.03bn | CN¥936.5m | CN¥839.2m | CN¥710.8m | CN¥662.2m |
| Shares outstanding | 524m | 530m | 520m | 405m | 485m | 391m | 367m | 524m | 524m | 524m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥101.6m | CN¥88.5m | −CN¥46.7m | −CN¥339.4m | CN¥44.4m | −CN¥91.5m | CN¥116.2m | CN¥28.7m | −CN¥220.6m | CN¥57.0m |
| Capital spending | −CN¥161.5m | −CN¥127.6m | −CN¥129.7m | −CN¥88.1m | −CN¥104.6m | −CN¥37.5m | −CN¥25.7m | −CN¥10.7m | −CN¥26.0m | −CN¥20.5m |
| Free cash flow | −CN¥59.9m | −CN¥39.0m | −CN¥176.4m | −CN¥427.5m | −CN¥60.2m | −CN¥128.9m | CN¥90.5m | CN¥18.0m | −CN¥246.6m | CN¥36.6m |
| Dividends paid | −CN¥64.5m | −CN¥69.9m | −CN¥46.2m | −CN¥13.8m | −CN¥13.8m | −CN¥30.3m | −CN¥29.7m | −CN¥27.9m | −CN¥33.1m | −CN¥26.1m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥836.6m | CN¥1.03bn | CN¥635.5m | CN¥729.0m | CN¥832.4m | CN¥649.9m | CN¥813.5m | CN¥890.8m |
| Gross profit | CN¥86.2m | CN¥108.4m | CN¥53.2m | CN¥81.3m | CN¥103.6m | CN¥80.9m | CN¥83.0m | CN¥116.0m |
| Operating income | CN¥14.3m | CN¥34.7m | −CN¥16.0m | CN¥10.4m | CN¥21.0m | CN¥33.0m | −CN¥21.1m | CN¥20.5m |
| Net income | CN¥9.1m | CN¥16.5m | −CN¥44.4m | CN¥12.9m | CN¥3.2m | CN¥14.9m | −CN¥9.6m | CN¥15.7m |
| Diluted earnings per share | 0.02 | 0.03 | -0.08 | 0.02 | 0.01 | 0.03 | -0.02 | 0.03 |
| Cash from operations | — | — | — | — | CN¥78.0m | −CN¥162.0m | — | CN¥44.0m |
| Capital spending | −CN¥12.0m | −CN¥33.0m | −CN¥41.0m | −CN¥58.0m | −CN¥32.0m | −CN¥28.0m | −CN¥23.0m | −CN¥29.0m |
| Free cash flow | — | — | — | — | CN¥46.0m | −CN¥190.0m | — | CN¥15.0m |
| Total assets | CN¥4.48bn | CN¥4.33bn | CN¥4.24bn | CN¥4.33bn | CN¥4.43bn | CN¥4.10bn | CN¥4.28bn | CN¥4.11bn |
| Cash and short-term investments | — | — | — | CN¥829.8m | CN¥837.7m | CN¥645.9m | CN¥837.6m | CN¥682.1m |
| Debt | CN¥185.6m | CN¥165.0m | CN¥144.4m | CN¥1.49bn | CN¥1.65bn | CN¥1.58bn | CN¥1.60bn | CN¥1.75bn |
| Shareholders' equity | CN¥2.13bn | CN¥2.12bn | CN¥2.11bn | CN¥2.08bn | CN¥1.70bn | CN¥1.70bn | CN¥1.66bn | CN¥1.65bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 3.3% | 6.7% | — |
| Operating income | -25.9% | -15.7% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 12.1% | 13.3% | 13.9% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | -323.3 | 116.3 | 74.1 | 39.5 | 72.5 |
| Price to sales | 1.5 | 1.4 | 1.8 | 1.2 | 2.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 2 years. Last went ex-dividend on 17 Jul 2025.
| FY2025 | FY2024 | FY2022 | FY2021 | |
|---|---|---|---|---|
| Paid in the year | 0.03 | 0.04 | 0.03 | 0.03 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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