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10.23
-5.63%
Close of 9 Nov 2026, in HKD
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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¥11.73bn
FY2016FY2025
Net income
CN¥1.23bn
FY2016FY2025
Free cash flow
CN¥901.0m
FY2016FY2025
Shareholders' equity
CN¥7.27bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥11.73bn | CN¥10.15bn | CN¥8.45bn | CN¥6.82bn | CN¥5.35bn | CN¥4.60bn | CN¥4.26bn | CN¥3.89bn | CN¥3.41bn | CN¥3.04bn |
| Gross profit | CN¥4.19bn | CN¥3.54bn | CN¥3.01bn | CN¥2.25bn | CN¥1.75bn | CN¥1.45bn | CN¥1.34bn | CN¥1.15bn | CN¥972.2m | CN¥951.4m |
| Research and development | CN¥855.2m | CN¥850.8m | CN¥793.7m | CN¥672.6m | CN¥494.4m | CN¥390.1m | CN¥286.2m | CN¥253.5m | CN¥211.5m | CN¥171.3m |
| Operating income | CN¥1.88bn | CN¥1.27bn | CN¥989.4m | CN¥633.9m | CN¥453.8m | CN¥379.5m | CN¥275.4m | CN¥248.2m | CN¥217.1m | CN¥259.4m |
| Net income | CN¥1.23bn | CN¥821.9m | CN¥607.1m | CN¥377.2m | CN¥312.3m | CN¥269.3m | CN¥326.8m | CN¥315.5m | CN¥351.3m | CN¥357.9m |
| Diluted earnings per share | 1.24 | 0.83 | 0.61 | 0.38 | 0.32 | 0.27 | 0.33 | 0.32 | 0.35 | 0.36 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥20.49bn | CN¥18.32bn | CN¥16.17bn | CN¥15.17bn | CN¥14.76bn | CN¥13.13bn | CN¥11.76bn | CN¥10.03bn | CN¥9.18bn | CN¥8.73bn |
| Cash and short-term investments | CN¥4.00bn | CN¥3.31bn | CN¥3.45bn | CN¥2.44bn | CN¥3.00bn | CN¥2.95bn | CN¥2.07bn | CN¥1.63bn | CN¥1.45bn | CN¥1.39bn |
| Total liabilities | CN¥10.80bn | CN¥9.79bn | CN¥8.27bn | CN¥8.03bn | CN¥7.68bn | CN¥6.52bn | CN¥6.12bn | CN¥4.50bn | CN¥3.76bn | CN¥3.86bn |
| Debt | CN¥2.93bn | CN¥2.62bn | CN¥2.52bn | CN¥2.68bn | CN¥2.85bn | CN¥2.30bn | CN¥2.08bn | CN¥1.42bn | CN¥908.9m | CN¥1.10bn |
| Shareholders' equity | CN¥7.27bn | CN¥6.33bn | CN¥6.02bn | CN¥5.42bn | CN¥5.40bn | CN¥5.27bn | CN¥4.91bn | CN¥4.88bn | CN¥4.85bn | CN¥4.83bn |
| Shares outstanding | 995m | 990m | 991m | 986m | 985m | 996m | 977m | 996m | 997m | 1,007m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥1.64bn | CN¥1.08bn | CN¥1.74bn | CN¥1.01bn | CN¥293.1m | CN¥218.2m | CN¥177.4m | CN¥169.8m | CN¥709.0m | CN¥6.4m |
| Capital spending | −CN¥738.7m | −CN¥608.4m | −CN¥657.6m | −CN¥286.9m | −CN¥252.4m | −CN¥114.4m | −CN¥71.6m | −CN¥70.2m | −CN¥57.1m | −CN¥145.3m |
| Free cash flow | CN¥901.0m | CN¥471.1m | CN¥1.09bn | CN¥718.6m | CN¥40.7m | CN¥103.8m | CN¥105.8m | CN¥99.6m | CN¥651.9m | −CN¥138.9m |
| Dividends paid | −CN¥403.8m | −CN¥296.2m | −CN¥240.3m | −CN¥196.3m | −CN¥192.0m | −CN¥209.9m | −CN¥258.2m | −CN¥235.9m | −CN¥237.7m | −CN¥240.1m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥6.19bn | CN¥6.62bn | CN¥5.11bn | CN¥5.79bn | CN¥4.36bn | CN¥4.69bn | CN¥3.76bn | CN¥3.85bn |
| Gross profit | CN¥1.92bn | CN¥2.39bn | CN¥1.80bn | CN¥1.99bn | CN¥1.55bn | CN¥1.64bn | CN¥1.37bn | CN¥1.24bn |
| Operating income | CN¥779.1m | CN¥1.18bn | CN¥701.7m | CN¥708.3m | CN¥561.2m | CN¥531.9m | CN¥457.5m | CN¥344.9m |
| Net income | CN¥512.2m | CN¥720.5m | CN¥512.1m | CN¥436.3m | CN¥385.6m | CN¥358.1m | CN¥249.1m | CN¥210.2m |
| Diluted earnings per share | 0.51 | 0.72 | 0.51 | 0.44 | 0.39 | 0.36 | 0.25 | 0.21 |
| Cash from operations | — | CN¥1.29bn | CN¥315.0m | CN¥1.18bn | −CN¥99.0m | CN¥1.50bn | CN¥240.0m | CN¥1.19bn |
| Capital spending | — | −CN¥325.0m | −CN¥211.0m | −CN¥201.0m | −CN¥231.0m | −CN¥224.0m | −CN¥295.0m | −CN¥195.0m |
| Free cash flow | — | CN¥967.0m | CN¥104.0m | CN¥978.0m | −CN¥330.0m | CN¥1.28bn | −CN¥55.0m | CN¥995.0m |
| Total assets | CN¥23.90bn | CN¥20.49bn | CN¥18.66bn | CN¥18.32bn | CN¥16.70bn | CN¥16.17bn | CN¥15.60bn | CN¥15.17bn |
| Cash and short-term investments | CN¥5.11bn | CN¥4.00bn | CN¥2.94bn | CN¥3.31bn | CN¥2.93bn | CN¥3.45bn | CN¥3.05bn | CN¥2.44bn |
| Debt | CN¥1.70bn | CN¥2.93bn | CN¥3.14bn | CN¥3.05bn | CN¥3.47bn | CN¥2.94bn | CN¥3.49bn | CN¥3.12bn |
| Shareholders' equity | CN¥7.50bn | CN¥7.27bn | CN¥6.49bn | CN¥6.33bn | CN¥6.06bn | CN¥6.02bn | CN¥5.61bn | CN¥5.42bn |
Financial ratios
Data as of 24 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 35.7% | 34.8% | 35.6% | 32.9% | 32.6% | 31.6% |
| Operating margin | 16.0% | 12.5% | 11.7% | 9.3% | 8.5% | 8.3% |
| Net margin | 10.5% | 8.1% | 7.2% | 5.5% | 5.8% | 5.9% |
| Return on equity | 17.0% | 13.0% | 10.1% | 7.0% | 5.8% | 5.1% |
| Return on assets | 6.0% | 4.5% | 3.8% | 2.5% | 2.1% | 2.1% |
| Free cash flow yield | 15.6% | 11.1% | 15.8% | 8.5% | 3.6% | 2.2% |
| Revenue growth | 15.6% | 20.2% | 23.8% | 27.6% | 16.3% | 8.0% |
| Earnings growth | 50.0% | 35.4% | 61.0% | 20.8% | 16.0% | -17.6% |
| Current ratio | 1.65x | 1.60x | 1.68x | 1.66x | 1.67x | 1.69x |
| Debt to equity | 0.40x | 0.48x | 0.49x | 0.57x | 0.61x | 0.51x |
| Equity ratio | 35.5% | 34.5% | 37.2% | 35.7% | 36.6% | 40.1% |
| Interest coverage | 15.12x | 8.68x | 6.46x | 4.84x | 3.92x | 3.38x |
| R&D as a share of sales | 7.3% | 8.4% | 9.4% | 9.9% | 9.2% | 8.5% |
| Buybacks as a share of market value | -0.5% | 0.1% | -0.6% | -0.1% | 1.1% | -1.9% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 19.8% | 20.6% | 13.0% |
| Operating income | 43.6% | 37.7% | 15.8% |
| Net income | 48.4% | 35.6% | 9.6% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 35.3% | 34.9% | 34.3% | 33.2% |
| Operating margin | 14.4% | 12.8% | 11.9% | 10.8% |
| Net margin | 9.4% | 8.2% | 7.7% | 8.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 12.0 | 7.5 | 5.6 | 5.9 | 9.4 | 7.4 | 9.9 | 10.4 | 9.4 | 10.2 |
| Price to sales | 1.3 | 0.6 | 0.4 | 0.3 | 0.6 | 0.4 | 0.8 | 0.8 | 1.0 | 1.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 20 years. Last went ex-dividend on 21 May 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.417 | 0.38 | 0.28 | 0.23 | 0.20 | 0.20 | 0.20 | 0.26 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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