S 
15.87
-2.22%
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¥2.13bn
FY2019FY2025
Net income
CN¥78.2m
FY2019FY2025
Free cash flow
−CN¥741.1m
FY2019FY2025
Shareholders' equity
CN¥2.42bn
FY2019FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | CN¥2.13bn | CN¥2.47bn | CN¥2.35bn | CN¥2.30bn | CN¥1.99bn | CN¥1.59bn | CN¥1.26bn |
| Gross profit | CN¥440.7m | CN¥275.1m | CN¥401.0m | CN¥478.8m | CN¥496.8m | CN¥357.3m | CN¥49.4m |
| Research and development | CN¥83.5m | CN¥83.3m | CN¥77.0m | CN¥70.4m | CN¥65.0m | CN¥45.5m | CN¥3.2m |
| Operating income | CN¥99.4m | CN¥120.3m | CN¥233.6m | CN¥329.7m | CN¥367.5m | CN¥262.4m | −CN¥55.6m |
| Net income | CN¥78.2m | CN¥113.2m | CN¥206.2m | CN¥285.3m | CN¥298.3m | CN¥209.3m | −CN¥56.5m |
| Diluted earnings per share | 0.20 | 0.30 | 0.62 | 0.84 | 0.74 | 0.52 | -0.14 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Total assets | CN¥4.01bn | CN¥3.55bn | CN¥2.86bn | CN¥2.60bn | CN¥2.31bn | CN¥2.08bn | CN¥2.17bn |
| Cash and short-term investments | — | CN¥1.03bn | CN¥452.1m | CN¥466.5m | CN¥312.1m | CN¥304.1m | CN¥208.0m |
| Total liabilities | CN¥1.59bn | CN¥1.20bn | CN¥1.26bn | CN¥1.17bn | CN¥1.18bn | CN¥1.25bn | CN¥1.57bn |
| Debt | CN¥690.1m | CN¥1.02bn | CN¥352.8m | CN¥994.4m | CN¥1.03bn | CN¥1.12bn | CN¥1.10bn |
| Shareholders' equity | CN¥2.42bn | CN¥2.35bn | CN¥1.60bn | CN¥1.39bn | CN¥1.11bn | CN¥810.1m | CN¥501.9m |
| Shares outstanding | 400m | 380m | 332m | 340m | 400m | 400m | 400m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥119.6m | CN¥341.5m | CN¥372.1m | CN¥425.8m | CN¥554.6m | CN¥294.3m | CN¥359.8m |
| Capital spending | −CN¥860.7m | −CN¥185.8m | −CN¥238.3m | −CN¥252.5m | −CN¥212.9m | −CN¥54.5m | −CN¥15.6m |
| Free cash flow | −CN¥741.1m | CN¥155.7m | CN¥133.7m | CN¥173.3m | CN¥341.7m | CN¥239.8m | CN¥344.2m |
| Dividends paid | −CN¥8.5m | −CN¥5.1m | −CN¥8.1m | −CN¥11.4m | −CN¥24.1m | −CN¥31.0m | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥694.3m | CN¥584.5m | CN¥589.1m | CN¥530.4m | CN¥527.6m | CN¥479.4m | CN¥661.5m | CN¥625.8m |
| Gross profit | CN¥116.8m | CN¥74.2m | CN¥71.3m | CN¥90.5m | CN¥51.8m | CN¥72.8m | CN¥37.4m | CN¥62.7m |
| Operating income | CN¥56.7m | CN¥31.1m | CN¥20.1m | CN¥27.5m | CN¥10.9m | CN¥33.0m | −CN¥6.8m | CN¥14.4m |
| Net income | CN¥36.2m | CN¥31.8m | CN¥11.4m | CN¥25.2m | CN¥11.4m | CN¥30.2m | −CN¥2.1m | CN¥15.1m |
| Diluted earnings per share | 0.09 | 0.08 | 0.03 | 0.06 | 0.03 | 0.08 | -0.01 | 0.04 |
| Cash from operations | — | — | — | CN¥174.0m | CN¥35.0m | −CN¥174.0m | — | CN¥257.0m |
| Capital spending | −CN¥202.0m | −CN¥146.0m | −CN¥289.0m | −CN¥167.0m | −CN¥307.0m | −CN¥95.0m | −CN¥93.0m | −CN¥21.0m |
| Free cash flow | — | — | — | CN¥7.0m | −CN¥272.0m | −CN¥269.0m | — | CN¥236.0m |
| Total assets | CN¥4.79bn | CN¥4.31bn | CN¥4.01bn | CN¥3.82bn | CN¥3.71bn | CN¥3.49bn | CN¥3.55bn | CN¥3.62bn |
| Cash and short-term investments | — | — | — | CN¥806.9m | CN¥765.0m | CN¥843.9m | CN¥1.03bn | CN¥1.06bn |
| Debt | CN¥887.1m | CN¥815.7m | CN¥690.1m | CN¥650.2m | CN¥393.5m | CN¥225.4m | CN¥144.5m | CN¥171.9m |
| Shareholders' equity | CN¥2.46bn | CN¥2.44bn | CN¥2.42bn | CN¥2.41bn | CN¥2.39bn | CN¥2.37bn | CN¥2.35bn | CN¥2.35bn |
Financial ratios
Data as of 9 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 20.7% | 11.1% | 17.0% | 20.8% | 24.9% | 22.5% |
| Operating margin | 3.8% | 5.2% | 10.3% | 15.0% | 18.6% | 17.2% |
| Net margin | 3.7% | 4.6% | 8.8% | 12.4% | 15.0% | 13.2% |
| Return on equity | 3.2% | 4.8% | 12.9% | 20.5% | 26.9% | 25.8% |
| Return on assets | 2.0% | 3.2% | 7.2% | 11.0% | 12.9% | 10.1% |
| Free cash flow yield | 12.4% | 7.0% | 9.3% | 10.1% | — | — |
| Revenue growth | -14.0% | 5.1% | 2.4% | 15.2% | 25.4% | 26.2% |
| Earnings growth | -30.9% | -45.1% | -27.7% | -4.3% | 42.5% | -470.7% |
| Current ratio | 1.86x | 1.76x | 1.16x | 1.00x | 0.81x | 0.62x |
| Debt to equity | 0.29x | 0.44x | 0.22x | 0.24x | 0.93x | 0.80x |
| Equity ratio | 60.3% | 66.1% | 56.0% | 53.7% | 47.9% | 39.0% |
| Interest coverage | 33.17x | 13.87x | 21.69x | 24.20x | 12.91x | 7.82x |
| R&D as a share of sales | 3.9% | 3.4% | 3.3% | 3.1% | 3.3% | 2.9% |
| Buybacks as a share of market value | -5.5% | -14.4% | 2.3% | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -2.5% | 6.0% | — |
| Operating income | -32.9% | -17.6% | — |
| Net income | -35.0% | -17.9% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 15.6% | 17.3% | 19.1% | — |
| Operating margin | 4.8% | 8.5% | 11.0% | — |
| Net margin | 4.2% | 7.4% | 9.3% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | |
|---|---|---|
| Price to earnings | 123.6 | 71.8 |
| Price to sales | 4.5 | 3.3 |
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.