5.10
-3.95%
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¥2.22bn
FY2014FY2022
Net income
−CN¥246.7m
FY2014FY2022
Free cash flow
−CN¥46.4m
FY2014FY2022
Shareholders' equity
CN¥2.53bn
FY2014FY2022
Income statement
Fiscal years
| FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥2.22bn | CN¥3.17bn | CN¥2.32bn | CN¥3.85bn | CN¥3.71bn | CN¥3.48bn | CN¥2.68bn | CN¥2.50bn | CN¥2.24bn |
| Gross profit | CN¥752.6m | CN¥1.01bn | CN¥752.0m | CN¥1.32bn | CN¥1.30bn | CN¥1.23bn | CN¥995.3m | CN¥956.4m | CN¥993.4m |
| Operating income | −CN¥57.3m | CN¥113.4m | −CN¥274.1m | CN¥227.2m | CN¥416.2m | CN¥501.1m | CN¥384.5m | CN¥352.7m | CN¥478.6m |
| Net income | −CN¥246.7m | −CN¥139.5m | −CN¥354.5m | CN¥49.7m | CN¥242.0m | CN¥256.2m | CN¥310.6m | CN¥237.8m | CN¥251.5m |
| Diluted earnings per share | -1.00 | -0.57 | -1.44 | 0.20 | 0.98 | 1.04 | 1.26 | 0.97 | 1.02 |
Balance sheet
At each fiscal year end
| FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥10.15bn | CN¥13.30bn | CN¥13.86bn | CN¥13.59bn | CN¥10.45bn | CN¥10.14bn | CN¥6.95bn | CN¥5.72bn | CN¥5.35bn |
| Cash and short-term investments | CN¥2.59bn | CN¥3.48bn | CN¥3.57bn | CN¥4.02bn | CN¥3.12bn | CN¥3.51bn | CN¥2.07bn | — | — |
| Total liabilities | CN¥7.62bn | CN¥10.04bn | CN¥9.32bn | CN¥8.67bn | CN¥5.44bn | CN¥5.35bn | CN¥2.50bn | CN¥1.68bn | CN¥1.48bn |
| Debt | CN¥2.68bn | CN¥2.17bn | CN¥6.75bn | CN¥4.70bn | CN¥2.86bn | CN¥386.3m | CN¥249.4m | CN¥137.9m | CN¥100.0m |
| Shareholders' equity | CN¥2.53bn | CN¥3.26bn | CN¥3.84bn | CN¥4.25bn | CN¥4.32bn | CN¥4.09bn | CN¥3.91bn | CN¥3.65bn | CN¥3.47bn |
| Shares outstanding | 246m | 246m | 246m | 246m | 246m | 246m | 246m | 246m | 246m |
Cash flow
Fiscal years
| FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −CN¥6.2m | CN¥753.9m | −CN¥552.6m | −CN¥424.7m | −CN¥324.0m | −CN¥678.9m | −CN¥503.5m | CN¥381.1m | −CN¥260.7m |
| Capital spending | −CN¥40.2m | −CN¥61.6m | −CN¥34.2m | −CN¥96.9m | −CN¥152.1m | −CN¥132.1m | −CN¥178.9m | −CN¥134.7m | −CN¥177.9m |
| Free cash flow | −CN¥46.4m | CN¥692.3m | −CN¥586.8m | −CN¥521.6m | −CN¥476.1m | −CN¥811.1m | −CN¥682.4m | CN¥246.4m | −CN¥438.6m |
| Dividends paid | — | — | −CN¥17.5m | −CN¥42.4m | −CN¥51.0m | −CN¥67.5m | −CN¥65.0m | −CN¥55.9m | −CN¥156.8m |
Latest quarters
By quarter end
| Jun 2023 | Mar 2023 | Dec 2022 | Jun 2022 | Dec 2021 | Jun 2021 | Dec 2020 | Jun 2020 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.34bn | CN¥560.1m | CN¥1.44bn | CN¥924.3m | CN¥1.67bn | CN¥1.50bn | CN¥1.74bn | CN¥586.5m |
| Gross profit | CN¥362.1m | CN¥190.3m | CN¥504.9m | CN¥291.4m | CN¥530.2m | CN¥483.5m | CN¥632.1m | CN¥120.0m |
| Operating income | CN¥8.5m | −CN¥68.7m | CN¥7.1m | −CN¥75.7m | −CN¥16.9m | CN¥130.4m | −CN¥3.5m | −CN¥183.3m |
| Net income | −CN¥64.3m | −CN¥71.8m | −CN¥101.3m | −CN¥171.0m | −CN¥150.0m | CN¥10.5m | −CN¥120.5m | −CN¥234.0m |
| Diluted earnings per share | -0.26 | -0.29 | -0.41 | -0.69 | -0.61 | 0.04 | -0.49 | -0.95 |
| Cash from operations | CN¥299.0m | — | −CN¥6.0m | CN¥84.0m | −CN¥370.0m | CN¥1.27bn | CN¥318.0m | −CN¥186.0m |
| Capital spending | −CN¥22.0m | — | −CN¥40.0m | −CN¥9.0m | −CN¥5.0m | −CN¥16.0m | −CN¥17.0m | — |
| Free cash flow | CN¥277.0m | — | −CN¥46.0m | CN¥75.0m | −CN¥375.0m | CN¥1.25bn | CN¥301.0m | — |
| Total assets | CN¥10.22bn | CN¥12.27bn | CN¥10.15bn | CN¥12.21bn | CN¥13.30bn | CN¥14.41bn | CN¥13.86bn | CN¥13.67bn |
| Cash and short-term investments | CN¥2.62bn | CN¥1.43bn | CN¥2.59bn | CN¥2.56bn | CN¥3.48bn | CN¥4.25bn | CN¥3.57bn | CN¥3.61bn |
| Debt | CN¥2.19bn | CN¥4.32bn | CN¥1.51bn | CN¥1.55bn | CN¥2.17bn | CN¥1.90bn | CN¥6.75bn | CN¥5.23bn |
| Shareholders' equity | CN¥2.48bn | CN¥3.22bn | CN¥2.53bn | CN¥3.11bn | CN¥3.26bn | CN¥3.43bn | CN¥3.84bn | CN¥4.00bn |
Financial ratios
Data as of 4 Nov 2026
| FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 33.8% | 32.0% | 32.4% | 34.3% | 34.9% | 35.3% | — | — |
| Operating margin | -2.6% | 3.5% | -6.1% | 5.9% | 11.2% | 14.4% | — | — |
| Net margin | -11.1% | -4.4% | -15.3% | 1.3% | 6.5% | 7.4% | — | — |
| Return on equity | -9.7% | -4.3% | -9.2% | 1.2% | 5.6% | 6.3% | — | — |
| Return on assets | -2.4% | -1.0% | -2.6% | 0.4% | 2.3% | 2.5% | — | — |
| Free cash flow yield | — | — | -23.8% | -15.1% | -7.9% | -25.1% | -14.9% | 23.7% |
| Revenue growth | -17.5% | 36.4% | -39.6% | 3.6% | 6.7% | 29.8% | — | — |
| Earnings growth | 108.0% | -60.6% | -813.0% | -79.5% | -5.5% | -17.5% | — | — |
| Current ratio | 1.41x | 1.42x | 1.36x | 1.53x | 1.84x | 1.56x | — | — |
| Debt to equity | 0.84x | 0.41x | 1.53x | 0.88x | 0.66x | 0.09x | — | — |
| Equity ratio | 24.9% | 24.5% | 27.7% | 31.2% | 41.3% | 40.3% | — | — |
| Interest coverage | -1.92x | 0.49x | -0.76x | 1.53x | 10.01x | 30.90x | — | — |
| Buybacks as a share of market value | — | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -16.7% | -8.6% | 3.0% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 32.7% | 33.2% | 33.9% | 37.2% |
| Operating margin | 1.0% | 0.1% | 4.9% | 10.9% |
| Net margin | -7.2% | -6.0% | -1.0% | 3.8% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 29 Jun 2020.
| FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|
| Paid in the year | 0.078 | 0.195 | 0.25 | 0.313 | 0.312 | 0.288 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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