D 
51.17
+7.95%
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¥3.19bn
FY2015FY2025
Net income
CN¥282.2m
FY2015FY2025
Free cash flow
CN¥48.3m
FY2015FY2025
Shareholders' equity
CN¥3.59bn
FY2015FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥3.19bn | CN¥2.57bn | CN¥1.40bn | CN¥1.47bn | CN¥1.21bn | CN¥959.5m | CN¥866.8m | CN¥607.1m | CN¥366.1m | CN¥162.5m |
| Gross profit | CN¥744.6m | CN¥657.0m | CN¥343.8m | CN¥479.9m | CN¥469.0m | CN¥419.1m | CN¥414.0m | CN¥264.9m | CN¥150.9m | CN¥50.0m |
| Research and development | CN¥127.4m | CN¥109.0m | CN¥83.6m | CN¥82.4m | CN¥90.3m | CN¥57.7m | CN¥44.6m | CN¥26.1m | CN¥21.9m | — |
| Operating income | CN¥350.2m | CN¥276.9m | CN¥77.9m | CN¥238.8m | CN¥248.4m | CN¥248.4m | CN¥255.7m | CN¥164.6m | CN¥68.2m | CN¥10.1m |
| Net income | CN¥282.2m | CN¥241.7m | CN¥73.4m | CN¥200.4m | CN¥222.2m | CN¥213.9m | CN¥226.6m | CN¥140.4m | CN¥52.7m | CN¥7.3m |
| Diluted earnings per share | 2.14 | 2.55 | 0.78 | 2.10 | 2.36 | 3.04 | 2.75 | 1.06 | 0.40 | 2.03 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥4.61bn | CN¥4.17bn | CN¥3.68bn | CN¥3.55bn | CN¥3.33bn | CN¥1.10bn | CN¥757.4m | CN¥397.5m | CN¥221.7m | CN¥113.7m |
| Cash and short-term investments | — | CN¥1.18bn | CN¥1.45bn | CN¥1.81bn | CN¥2.13bn | CN¥288.6m | CN¥343.5m | CN¥78.7m | CN¥11.6m | CN¥1.5m |
| Total liabilities | CN¥943.0m | CN¥747.5m | CN¥442.2m | CN¥370.6m | CN¥267.9m | CN¥243.5m | CN¥112.5m | CN¥98.3m | CN¥73.2m | CN¥70.8m |
| Debt | — | CN¥5.2m | CN¥10.3m | CN¥15.5m | CN¥10.8m | CN¥9.8m | CN¥90,400 | CN¥20.3m | CN¥1.8m | — |
| Shareholders' equity | CN¥3.59bn | CN¥3.41bn | CN¥3.22bn | CN¥3.16bn | CN¥3.07bn | CN¥858.8m | CN¥644.9m | CN¥299.2m | CN¥148.5m | CN¥42.9m |
| Shares outstanding | 132m | 95m | 94m | 95m | 94m | 70m | 82m | 132m | 132m | 4m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥257.8m | CN¥104.9m | CN¥209.9m | CN¥44.8m | CN¥218.9m | CN¥136.6m | CN¥264.1m | CN¥104.6m | CN¥52.3m | −CN¥15.1m |
| Capital spending | −CN¥209.5m | −CN¥261.9m | −CN¥140.1m | −CN¥183.4m | −CN¥378.2m | −CN¥195.0m | −CN¥100.2m | −CN¥37.3m | −CN¥20.0m | −CN¥5.1m |
| Free cash flow | CN¥48.3m | −CN¥157.0m | CN¥69.8m | −CN¥138.6m | −CN¥159.4m | −CN¥58.4m | CN¥163.9m | CN¥67.3m | CN¥32.3m | −CN¥20.2m |
| Dividends paid | −CN¥104.1m | −CN¥22.5m | −CN¥75.4m | −CN¥112.8m | −CN¥52.2m | — | −CN¥349,359 | −CN¥836,233 | −CN¥1.6m | −CN¥50,066 |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥924.3m | CN¥801.8m | CN¥909.4m | CN¥873.5m | CN¥746.3m | CN¥658.6m | CN¥793.9m | CN¥674.6m |
| Gross profit | CN¥241.3m | CN¥221.5m | CN¥218.1m | CN¥209.2m | CN¥171.2m | CN¥146.2m | CN¥220.1m | CN¥178.4m |
| Operating income | CN¥99.8m | CN¥101.7m | CN¥91.6m | CN¥106.9m | CN¥91.4m | CN¥64.2m | CN¥72.5m | CN¥77.8m |
| Net income | CN¥90.5m | CN¥72.0m | CN¥51.1m | CN¥98.9m | CN¥74.9m | CN¥57.2m | CN¥59.6m | CN¥76.7m |
| Diluted earnings per share | 0.69 | 0.55 | 0.39 | 0.75 | 0.57 | 0.43 | 0.63 | 0.81 |
| Cash from operations | — | — | — | CN¥62.0m | CN¥52.0m | CN¥27.0m | CN¥24.0m | CN¥15.0m |
| Capital spending | −CN¥132.0m | −CN¥41.0m | −CN¥102.0m | −CN¥22.0m | −CN¥15.0m | −CN¥68.0m | −CN¥94.0m | −CN¥57.0m |
| Free cash flow | — | — | — | CN¥40.0m | CN¥37.0m | −CN¥41.0m | −CN¥70.0m | −CN¥42.0m |
| Total assets | CN¥4.64bn | CN¥4.51bn | CN¥4.61bn | CN¥4.33bn | CN¥4.13bn | CN¥4.04bn | CN¥4.17bn | CN¥4.04bn |
| Cash and short-term investments | — | — | — | CN¥1.23bn | CN¥1.27bn | CN¥1.19bn | CN¥1.18bn | CN¥1.36bn |
| Debt | — | — | — | CN¥136.7m | CN¥62.5m | CN¥96.2m | CN¥157.6m | CN¥86.8m |
| Shareholders' equity | CN¥3.68bn | CN¥3.67bn | CN¥3.59bn | CN¥3.52bn | CN¥3.44bn | CN¥3.39bn | CN¥3.41bn | CN¥3.35bn |
Financial ratios
Data as of 9 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2018 | FY2017 | FY2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 23.4% | 25.6% | 24.6% | 32.7% | 38.6% | 43.7% | — | — | — |
| Operating margin | 10.2% | 11.7% | 1.7% | 11.6% | 17.0% | 25.7% | — | — | — |
| Net margin | 8.9% | 9.4% | 5.2% | 13.6% | 18.3% | 22.3% | — | — | — |
| Return on equity | 7.9% | 7.1% | 2.3% | 6.3% | 7.2% | 24.9% | — | — | — |
| Return on assets | 6.1% | 5.8% | 2.0% | 5.6% | 6.7% | 19.4% | — | — | — |
| Free cash flow yield | 6.8% | 7.4% | 7.1% | 4.6% | 12.2% | 9.0% | — | — | — |
| Revenue growth | 24.2% | 83.6% | -4.9% | 21.0% | 26.5% | 10.7% | — | — | — |
| Earnings growth | 16.7% | 229.5% | -63.4% | -9.8% | 3.9% | -5.6% | — | — | — |
| Current ratio | 3.44x | 3.83x | 5.82x | 7.43x | 10.14x | 3.00x | — | — | — |
| Debt to equity | — | 0.05x | — | 0.00x | — | — | 0.07x | 0.01x | 0.70x |
| Equity ratio | 77.9% | 81.7% | 87.5% | 89.1% | 92.0% | 77.9% | — | — | — |
| Interest coverage | 195.72x | 117.09x | 13.89x | 131.67x | 132.48x | 214.57x | — | — | — |
| R&D as a share of sales | 4.0% | 4.2% | 6.0% | 5.6% | 7.4% | 6.0% | — | — | — |
| Buybacks as a share of market value | -39.0% | -0.7% | 1.1% | -1.4% | -33.4% | 14.5% | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 29.5% | 27.1% | 35.0% |
| Operating income | 13.6% | 7.1% | 57.9% |
| Net income | 12.1% | 5.7% | 58.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 24.4% | 25.8% | 28.8% | 31.2% |
| Operating margin | 10.9% | 10.9% | 13.3% | 15.0% |
| Net margin | 9.1% | 9.3% | 11.4% | 12.8% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | 28.1 | 19.2 | 48.8 | 14.1 | 24.9 |
| Price to sales | 2.5 | 1.8 | 2.6 | 1.9 | 4.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 5 years. Last went ex-dividend on 1 Jun 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Paid in the year | 0.50 | 0.561 | 0.117 | 0.408 | 0.612 | 0.283 |
- 7-for-5 split · 6 Jun 2025
- 9-for-5 split · 2 Jun 2021
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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