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1.99
-0.50%
Close of 9 Nov 2026, in CNY
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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¥5.92bn
FY2016FY2025
Net income
−CN¥900.1m
FY2016FY2025
Free cash flow
CN¥28.6m
FY2016FY2025
Shareholders' equity
CN¥3.69bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥5.92bn | CN¥5.72bn | CN¥4.94bn | CN¥7.76bn | CN¥12.23bn | CN¥10.08bn | CN¥9.85bn | CN¥6.79bn | CN¥7.43bn | CN¥7.39bn |
| Research and development | CN¥36.0m | CN¥23.4m | CN¥39.1m | CN¥379.0m | CN¥451.0m | CN¥305.9m | CN¥53.1m | CN¥27.0m | CN¥9.4m | CN¥179.5m |
| Operating income | −CN¥620.8m | −CN¥1.18bn | CN¥1.29bn | −CN¥1.54bn | −CN¥2.58bn | CN¥227.6m | CN¥137.6m | −CN¥1.74bn | CN¥93.2m | −CN¥31.3m |
| Net income | −CN¥900.1m | −CN¥863.1m | CN¥1.69bn | −CN¥1.15bn | −CN¥1.15bn | CN¥59.1m | CN¥95.7m | −CN¥2.05bn | CN¥59.8m | CN¥69.4m |
| Diluted earnings per share | -0.28 | -0.32 | 0.52 | -1.12 | -1.08 | 0.05 | 0.10 | -1.98 | 0.08 | 0.08 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥12.33bn | CN¥12.37bn | CN¥13.99bn | CN¥16.79bn | CN¥18.52bn | CN¥20.49bn | CN¥21.01bn | CN¥23.52bn | CN¥24.29bn | CN¥27.07bn |
| Cash and short-term investments | — | CN¥103.5m | CN¥710.0m | CN¥1.23bn | CN¥1.11bn | CN¥1.69bn | CN¥1.99bn | CN¥2.60bn | CN¥2.10bn | CN¥3.31bn |
| Total liabilities | CN¥6.91bn | CN¥5.85bn | CN¥6.31bn | CN¥16.22bn | CN¥16.34bn | CN¥15.54bn | CN¥16.11bn | CN¥21.86bn | CN¥20.58bn | CN¥23.48bn |
| Debt | CN¥502.6m | CN¥423.6m | CN¥3.68bn | CN¥9.37bn | CN¥9.49bn | CN¥10.98bn | CN¥11.14bn | CN¥13.44bn | CN¥14.14bn | CN¥15.09bn |
| Shareholders' equity | CN¥3.69bn | CN¥4.57bn | CN¥5.37bn | −CN¥857.3m | CN¥294.0m | CN¥1.45bn | CN¥1.37bn | CN¥1.09bn | CN¥3.14bn | CN¥2.87bn |
| Shares outstanding | 3,210m | 2,722m | 3,215m | 1,030m | 1,062m | 1,084m | 1,005m | 1,033m | 764m | 851m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥72.9m | −CN¥111.1m | −CN¥360.6m | CN¥390.4m | CN¥1.41bn | CN¥920.0m | CN¥386.6m | −CN¥236.0m | CN¥416.0m | −CN¥1.86bn |
| Capital spending | −CN¥44.4m | −CN¥31.5m | −CN¥30.7m | −CN¥81.6m | −CN¥86.6m | −CN¥92.5m | −CN¥141.8m | −CN¥29.5m | −CN¥218.2m | −CN¥812.2m |
| Free cash flow | CN¥28.6m | −CN¥142.6m | −CN¥391.3m | CN¥308.7m | CN¥1.32bn | CN¥827.5m | CN¥244.9m | −CN¥265.5m | CN¥197.9m | −CN¥2.67bn |
| Dividends paid | −CN¥128.8m | −CN¥144.3m | −CN¥152.9m | −CN¥585.2m | −CN¥600.0m | −CN¥649.1m | −CN¥768.5m | −CN¥1.10bn | −CN¥931.1m | −CN¥902.7m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.57bn | CN¥1.24bn | CN¥1.60bn | CN¥1.44bn | CN¥1.78bn | CN¥1.11bn | CN¥1.60bn | CN¥1.42bn |
| Operating income | −CN¥220.4m | −CN¥188.7m | −CN¥287.2m | −CN¥321.9m | −CN¥119.1m | −CN¥207.8m | −CN¥597.1m | −CN¥186.6m |
| Net income | −CN¥58.6m | −CN¥252.6m | −CN¥338.2m | −CN¥327.2m | −CN¥85.2m | −CN¥149.5m | −CN¥460.5m | −CN¥108.8m |
| Diluted earnings per share | -0.02 | -0.08 | -0.11 | -0.10 | -0.03 | -0.05 | -0.17 | -0.04 |
| Cash from operations | — | — | — | −CN¥24.0m | CN¥122.0m | −CN¥110.0m | CN¥93.0m | CN¥10.0m |
| Capital spending | −CN¥4.0m | −CN¥5.0m | −CN¥25.0m | −CN¥17.0m | — | — | −CN¥9.0m | — |
| Free cash flow | — | — | — | −CN¥41.0m | — | — | CN¥84.0m | — |
| Total assets | CN¥12.24bn | CN¥12.59bn | CN¥12.33bn | CN¥12.62bn | CN¥12.89bn | CN¥12.68bn | CN¥12.37bn | CN¥13.07bn |
| Cash and short-term investments | — | — | — | CN¥196.6m | CN¥178.9m | CN¥72.1m | CN¥103.5m | CN¥112.0m |
| Debt | CN¥465.6m | CN¥492.6m | CN¥502.6m | CN¥1.57bn | CN¥744.5m | CN¥663.9m | CN¥422.9m | CN¥367.8m |
| Shareholders' equity | CN¥3.46bn | CN¥3.44bn | CN¥3.69bn | CN¥4.02bn | CN¥4.35bn | CN¥4.43bn | CN¥4.57bn | CN¥5.03bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -8.6% | -10.1% | -0.2% |
| Operating income | -26.2% | — | -9.8% |
| Net income | -7.9% | — | -5.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -15.4% | -8.4% | -9.5% | -9.1% |
| Net margin | -15.1% | -5.0% | -5.0% | -6.8% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -10.1 | -7.1 | 6.3 | -2.8 | -3.9 | 69.5 | 37.5 | -1.7 | 72.7 | 68.8 |
| Price to sales | 1.5 | 1.1 | 2.2 | 0.4 | 0.4 | 0.4 | 0.4 | 0.5 | 0.6 | 0.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 18 Jun 2013.
| FY2013 | FY2010 | FY2003 | FY2001 | |
|---|---|---|---|---|
| Paid in the year | 0.013 | 0.05 | 0.473 | 0.055 |
- 1-to-1 reverse split · 1 Dec 2023
- 11-for-10 split · 26 Oct 2006
- 1-to-1 reverse split · 27 Mar 2006
- 17-for-10 split · 24 Mar 1999
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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