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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¥2.06bn
FY2016FY2025
Net income
−CN¥3.08bn
FY2016FY2025
Free cash flow
CN¥312.1m
FY2016FY2025
Shareholders' equity
CN¥4.19bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥2.06bn | CN¥2.39bn | CN¥3.34bn | CN¥3.88bn | CN¥5.40bn | CN¥5.20bn | CN¥6.08bn | CN¥6.16bn | CN¥6.17bn | CN¥6.27bn |
| Gross profit | −CN¥2.9m | CN¥346.7m | CN¥457.6m | CN¥907.9m | CN¥1.63bn | CN¥1.17bn | CN¥2.13bn | CN¥1.72bn | CN¥1.49bn | CN¥1.38bn |
| Operating income | −CN¥196.3m | CN¥182.8m | CN¥386.1m | CN¥607.4m | CN¥1.07bn | CN¥595.4m | CN¥1.70bn | CN¥1.27bn | CN¥1.71bn | CN¥1.17bn |
| Net income | −CN¥3.08bn | −CN¥2.00bn | −CN¥1.45bn | −CN¥630.8m | CN¥2.9m | CN¥172.6m | CN¥638.1m | CN¥697.9m | CN¥830.4m | CN¥505.2m |
| Diluted earnings per share | -1.19 | -0.77 | -0.56 | -0.24 | 0.00 | 0.07 | 0.25 | 0.27 | 0.32 | 0.20 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥30.62bn | CN¥29.01bn | CN¥31.49bn | CN¥33.98bn | CN¥43.22bn | CN¥45.47bn | CN¥43.87bn | CN¥36.06bn | CN¥31.30bn | CN¥32.21bn |
| Cash and short-term investments | CN¥241.2m | CN¥133.8m | CN¥149.9m | CN¥109.2m | CN¥443.2m | CN¥578.5m | CN¥1.03bn | CN¥902.0m | CN¥1.25bn | CN¥1.66bn |
| Total liabilities | CN¥26.30bn | CN¥22.67bn | CN¥23.19bn | CN¥24.21bn | CN¥31.02bn | CN¥33.15bn | CN¥31.34bn | CN¥26.15bn | CN¥21.90bn | CN¥23.12bn |
| Debt | CN¥11.55bn | CN¥10.00bn | CN¥10.25bn | CN¥10.36bn | CN¥12.96bn | CN¥15.29bn | CN¥15.48bn | CN¥14.25bn | CN¥14.33bn | CN¥13.44bn |
| Shareholders' equity | CN¥4.19bn | CN¥6.22bn | CN¥8.22bn | CN¥9.67bn | CN¥12.03bn | CN¥12.03bn | CN¥11.86bn | CN¥9.52bn | CN¥9.06bn | CN¥8.84bn |
| Shares outstanding | 2,584m | 2,584m | 2,584m | 2,584m | 2,584m | 2,584m | 2,584m | 2,584m | 2,584m | 2,584m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥313.9m | CN¥269.5m | CN¥582.3m | CN¥590.5m | CN¥2.05bn | CN¥3.15bn | CN¥5.04bn | CN¥2.91bn | CN¥1.62bn | CN¥2.48bn |
| Capital spending | −CN¥1.8m | −CN¥1.3m | −CN¥350,191 | −CN¥18.6m | −CN¥35.2m | −CN¥45.5m | −CN¥36.9m | −CN¥22.6m | −CN¥15.4m | −CN¥9.8m |
| Free cash flow | CN¥312.1m | CN¥268.2m | CN¥582.0m | CN¥571.9m | CN¥2.01bn | CN¥3.10bn | CN¥5.01bn | CN¥2.89bn | CN¥1.60bn | CN¥2.47bn |
| Dividends paid | — | — | — | — | — | −CN¥226.8m | −CN¥70.6m | −CN¥48.8m | −CN¥185.2m | −CN¥30.0m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥556.4m | CN¥1.36bn | CN¥700.4m | CN¥1.82bn | CN¥571.1m | CN¥1.99bn | CN¥1.70bn | CN¥898.7m |
| Gross profit | CN¥28.6m | −CN¥102.6m | CN¥99.7m | CN¥184.6m | CN¥162.1m | CN¥193.0m | CN¥333.8m | CN¥176.6m |
| Operating income | −CN¥37.8m | −CN¥201.0m | CN¥21.0m | CN¥83.7m | CN¥92.2m | CN¥183.6m | CN¥206.5m | CN¥109.3m |
| Net income | −CN¥742.8m | −CN¥2.30bn | −CN¥775.5m | −CN¥1.69bn | −CN¥308.3m | −CN¥1.42bn | −CN¥38.6m | −CN¥20.4m |
| Diluted earnings per share | -0.29 | -0.89 | -0.30 | -0.65 | -0.12 | -0.55 | -0.01 | -0.01 |
| Cash from operations | CN¥72.0m | −CN¥26.0m | CN¥433.0m | CN¥163.0m | CN¥106.0m | CN¥146.0m | CN¥430.0m | CN¥215.0m |
| Capital spending | — | −CN¥1.0m | — | −CN¥1.0m | — | — | −CN¥1.0m | — |
| Free cash flow | — | −CN¥27.0m | — | CN¥162.0m | — | — | CN¥429.0m | — |
| Total assets | CN¥29.77bn | CN¥30.62bn | CN¥33.88bn | CN¥29.01bn | CN¥31.32bn | CN¥31.49bn | CN¥39.28bn | CN¥39.28bn |
| Cash and short-term investments | CN¥248.4m | CN¥241.2m | CN¥186.0m | CN¥133.8m | CN¥299.0m | CN¥149.9m | CN¥410.3m | CN¥112.7m |
| Debt | CN¥11.49bn | CN¥11.55bn | CN¥11.61bn | CN¥10.00bn | CN¥10.21bn | CN¥10.25bn | CN¥12.15bn | CN¥13.05bn |
| Shareholders' equity | CN¥3.43bn | CN¥4.19bn | CN¥6.49bn | CN¥6.22bn | CN¥7.91bn | CN¥8.22bn | CN¥11.26bn | CN¥11.26bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -19.0% | -16.9% | -10.5% |
| Net income | 69.6% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 7.7% | 14.7% | 20.3% | 24.4% |
| Operating margin | -0.3% | 8.4% | 11.9% | 18.8% |
| Net margin | -114.1% | -61.3% | -31.4% | -6.8% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -0.0 | -0.1 | -0.3 | -1.4 | 266.9 | 15.0 | 4.1 | 4.0 | 3.8 | 6.6 |
| Price to sales | 0.1 | 0.1 | 0.1 | 0.2 | 0.1 | 0.5 | 0.4 | 0.5 | 0.5 | 0.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 19 Jun 2018.
| FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|
| Paid in the year | 0.001 | 0.00 | 0.001 | 0.002 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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