S 
12.15
+0.66%
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¥1.37bn
FY2017FY2025
Net income
−CN¥1.5m
FY2017FY2025
Free cash flow
−CN¥183.8m
FY2017FY2025
Shareholders' equity
CN¥1.31bn
FY2017FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.37bn | CN¥1.09bn | CN¥873.4m | CN¥1.19bn | CN¥1.33bn | CN¥1.11bn | CN¥710.2m | CN¥701.0m | CN¥500.0m |
| Gross profit | CN¥219.3m | CN¥160.6m | CN¥174.9m | CN¥317.7m | CN¥377.3m | CN¥254.2m | CN¥165.5m | CN¥215.5m | CN¥162.5m |
| Research and development | CN¥67.9m | CN¥73.5m | CN¥62.6m | CN¥59.8m | CN¥58.2m | CN¥38.9m | CN¥29.7m | CN¥23.5m | CN¥16.4m |
| Operating income | CN¥11.5m | −CN¥5.8m | CN¥37.8m | CN¥216.8m | CN¥206.8m | CN¥135.5m | CN¥89.6m | CN¥64.6m | CN¥104.6m |
| Net income | −CN¥1.5m | −CN¥16.4m | CN¥25.1m | CN¥185.6m | CN¥175.9m | CN¥117.4m | CN¥73.5m | CN¥37.8m | CN¥88.5m |
| Diluted earnings per share | -0.00 | -0.05 | 0.06 | 0.43 | 0.46 | 0.33 | 0.20 | 0.09 | 0.22 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥1.96bn | CN¥1.86bn | CN¥1.64bn | CN¥1.65bn | CN¥1.81bn | CN¥1.16bn | CN¥847.3m | CN¥683.7m | CN¥422.1m |
| Cash and short-term investments | — | CN¥164.5m | CN¥273.9m | CN¥394.8m | CN¥483.8m | CN¥61.8m | CN¥65.9m | CN¥57.1m | CN¥30.9m |
| Total liabilities | CN¥651.6m | CN¥552.9m | CN¥318.7m | CN¥337.4m | CN¥663.4m | CN¥631.4m | CN¥435.5m | CN¥440.3m | CN¥97.2m |
| Debt | CN¥90.1m | CN¥124.1m | CN¥3.2m | CN¥15.8m | CN¥282.0m | CN¥235.3m | CN¥128.9m | CN¥53.9m | — |
| Shareholders' equity | CN¥1.31bn | CN¥1.30bn | CN¥1.33bn | CN¥1.31bn | CN¥1.14bn | CN¥530.8m | CN¥411.9m | CN¥243.4m | CN¥325.0m |
| Shares outstanding | 400m | 348m | 449m | 428m | 386m | 360m | 360m | 400m | 400m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −CN¥38.8m | CN¥22.4m | CN¥153.4m | CN¥335.0m | CN¥97.2m | CN¥36.5m | CN¥117.7m | CN¥121.4m | CN¥89.0m |
| Capital spending | −CN¥145.0m | −CN¥212.8m | −CN¥222.0m | −CN¥146.4m | −CN¥158.9m | −CN¥138.6m | −CN¥180.0m | −CN¥110.7m | −CN¥66.1m |
| Free cash flow | −CN¥183.8m | −CN¥190.4m | −CN¥68.6m | CN¥188.6m | −CN¥61.6m | −CN¥102.1m | −CN¥62.3m | CN¥10.7m | CN¥22.9m |
| Dividends paid | −CN¥14.7m | −CN¥30.5m | −CN¥20.0m | −CN¥20.0m | −CN¥6.3m | −CN¥5.5m | −CN¥142.4m | −CN¥35.6m | −CN¥6.3m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥333.4m | CN¥349.8m | CN¥326.3m | CN¥414.7m | CN¥354.3m | CN¥279.7m | CN¥286.1m | CN¥321.0m |
| Gross profit | CN¥56.3m | CN¥41.3m | CN¥55.8m | CN¥62.6m | CN¥46.7m | CN¥54.1m | CN¥18.4m | CN¥61.3m |
| Operating income | −CN¥3.1m | CN¥3.6m | CN¥12.9m | CN¥10.1m | −CN¥1.4m | CN¥6.2m | −CN¥34.2m | CN¥6.8m |
| Net income | −CN¥21.6m | −CN¥1.0m | −CN¥11.2m | CN¥7.7m | −CN¥1.9m | CN¥3.9m | −CN¥37.9m | CN¥7.5m |
| Diluted earnings per share | -0.05 | -0.00 | -0.03 | 0.02 | -0.00 | 0.01 | -0.11 | 0.02 |
| Cash from operations | — | — | — | −CN¥80.0m | −CN¥35.0m | CN¥2.0m | — | −CN¥47.0m |
| Capital spending | −CN¥44.0m | −CN¥26.0m | −CN¥39.0m | −CN¥30.0m | −CN¥29.0m | −CN¥44.0m | −CN¥20.0m | −CN¥64.0m |
| Free cash flow | — | — | — | −CN¥110.0m | −CN¥64.0m | −CN¥42.0m | — | −CN¥111.0m |
| Total assets | CN¥1.95bn | CN¥1.94bn | CN¥1.96bn | CN¥1.98bn | CN¥1.86bn | CN¥1.82bn | CN¥1.86bn | CN¥1.75bn |
| Cash and short-term investments | — | — | — | CN¥76.7m | CN¥60.3m | CN¥97.6m | CN¥164.5m | CN¥104.3m |
| Debt | CN¥88.1m | CN¥90.1m | CN¥90.1m | CN¥284.0m | CN¥154.2m | CN¥123.6m | CN¥123.6m | CN¥32.5m |
| Shareholders' equity | CN¥1.29bn | CN¥1.31bn | CN¥1.31bn | CN¥1.32bn | CN¥1.31bn | CN¥1.31bn | CN¥1.30bn | CN¥1.34bn |
Financial ratios
Data as of 8 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Gross margin | 15.9% | 14.8% | 20.0% | 26.7% | 28.3% | 22.9% | — |
| Operating margin | 0.9% | -0.6% | 4.2% | 18.7% | 16.0% | 12.7% | — |
| Net margin | -0.1% | -1.5% | 2.9% | 15.6% | 13.2% | 10.6% | — |
| Return on equity | -0.1% | -1.3% | 1.9% | 14.1% | 15.4% | 22.1% | — |
| Return on assets | -0.1% | -0.9% | 1.5% | 11.2% | 9.7% | 10.1% | — |
| Free cash flow yield | 2.3% | 5.8% | 7.1% | 9.6% | 5.7% | 4.2% | — |
| Revenue growth | 26.4% | 24.5% | -26.5% | -10.7% | 19.8% | 56.4% | — |
| Earnings growth | -90.6% | -165.3% | -86.5% | 5.5% | 49.8% | 59.7% | — |
| Current ratio | 1.80x | 1.61x | 3.03x | 3.76x | 2.17x | 1.32x | — |
| Debt to equity | 0.07x | 0.09x | — | 0.01x | 0.23x | 0.43x | 0.31x |
| Equity ratio | 66.7% | 70.2% | 80.6% | 79.6% | 63.3% | 45.7% | — |
| Interest coverage | 2.52x | -5.60x | 55.02x | 162.17x | 30.57x | 22.36x | — |
| R&D as a share of sales | 4.9% | 6.8% | 7.2% | 5.0% | 4.4% | 3.5% | — |
| Buybacks as a share of market value | -14.8% | 22.4% | -4.9% | -11.0% | -7.1% | 0.0% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 5.0% | 4.4% | — |
| Operating income | -62.4% | -38.9% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 15.4% | 19.3% | 21.6% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | -4342.3 | -328.9 | 323.7 | 37.9 | 64.6 |
| Price to sales | 4.9 | 5.0 | 9.3 | 5.9 | 8.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 2 Jul 2024.
| FY2024 | FY2023 | FY2022 | |
|---|---|---|---|
| Paid in the year | 0.025 | 0.05 | 0.05 |
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.