L 
8.86
+2.90%
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¥383.3m
FY2016FY2025
Net income
−CN¥131.8m
FY2016FY2025
Free cash flow
CN¥63.8m
FY2016FY2025
Shareholders' equity
CN¥1.03bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥383.3m | CN¥400.9m | CN¥653.9m | CN¥936.1m | CN¥780.9m | CN¥515.9m | CN¥439.2m | CN¥814.7m | CN¥1.50bn | CN¥1.56bn |
| Gross profit | CN¥85.8m | CN¥113.4m | CN¥164.0m | CN¥243.5m | CN¥221.7m | CN¥122.3m | CN¥46.8m | CN¥132.1m | CN¥274.5m | CN¥292.8m |
| Research and development | CN¥15.4m | CN¥21.7m | CN¥28.9m | CN¥32.9m | CN¥31.4m | CN¥21.5m | CN¥24.1m | CN¥25.9m | CN¥14.0m | CN¥12.6m |
| Operating income | −CN¥11.0m | CN¥18.9m | CN¥71.3m | CN¥81.2m | CN¥11.7m | −CN¥22.9m | −CN¥416.0m | −CN¥150.2m | CN¥37.6m | −CN¥63.0m |
| Net income | −CN¥131.8m | CN¥19.4m | CN¥60.6m | CN¥51.2m | −CN¥13.4m | −CN¥28.1m | −CN¥278.1m | −CN¥174.8m | CN¥19.5m | −CN¥78.6m |
| Diluted earnings per share | -0.45 | 0.12 | 0.23 | 0.17 | -0.08 | -0.34 | -1.02 | -0.55 | 0.09 | -0.46 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥1.16bn | CN¥1.24bn | CN¥1.25bn | CN¥1.46bn | CN¥1.37bn | CN¥1.24bn | CN¥1.32bn | CN¥1.87bn | CN¥2.84bn | CN¥2.22bn |
| Cash and short-term investments | — | CN¥599.7m | CN¥550.4m | CN¥629.2m | CN¥426.9m | CN¥223.5m | CN¥286.0m | CN¥354.3m | CN¥1.12bn | CN¥737.7m |
| Total liabilities | CN¥120.3m | CN¥146.1m | CN¥169.8m | CN¥468.3m | CN¥486.7m | CN¥374.7m | CN¥477.2m | CN¥621.2m | CN¥1.36bn | CN¥1.56bn |
| Debt | — | CN¥1.2m | CN¥79.0m | CN¥299.3m | CN¥150,858 | CN¥132.4m | CN¥145.2m | CN¥296.3m | CN¥984.6m | CN¥923.5m |
| Shareholders' equity | CN¥1.03bn | CN¥1.17bn | CN¥1.15bn | CN¥1.07bn | CN¥994.0m | CN¥997.7m | CN¥980.4m | CN¥1.26bn | CN¥1.44bn | CN¥625.4m |
| Shares outstanding | 294m | 167m | 266m | 307m | 166m | 82m | 272m | 317m | 214m | 171m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥65.2m | CN¥47.9m | −CN¥62.4m | CN¥214.0m | CN¥278.0m | −CN¥49.1m | CN¥12.6m | −CN¥180.5m | −CN¥65.5m | −CN¥3.0m |
| Capital spending | −CN¥1.4m | −CN¥3.7m | −CN¥16.7m | −CN¥21.1m | −CN¥20.1m | −CN¥38.7m | −CN¥63.3m | −CN¥211.9m | −CN¥229.1m | −CN¥66.2m |
| Free cash flow | CN¥63.8m | CN¥44.2m | −CN¥79.1m | CN¥192.8m | CN¥258.0m | −CN¥87.7m | −CN¥50.7m | −CN¥392.4m | −CN¥294.5m | −CN¥69.2m |
| Dividends paid | — | — | — | −CN¥2.5m | −CN¥9.0m | −CN¥10.1m | −CN¥31.8m | −CN¥43.9m | −CN¥43.6m | −CN¥51.9m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥153.1m | CN¥94.4m | CN¥103.6m | CN¥100.8m | CN¥93.3m | CN¥85.5m | CN¥102.6m | CN¥119.7m |
| Gross profit | CN¥14.8m | CN¥6.9m | CN¥21.7m | CN¥25.9m | CN¥17.4m | CN¥20.8m | CN¥21.2m | CN¥38.5m |
| Operating income | −CN¥2.0m | −CN¥10.9m | CN¥1.5m | −CN¥3.6m | −CN¥236,820 | CN¥4.5m | −CN¥1.4m | CN¥10.8m |
| Net income | −CN¥685,322 | −CN¥11.8m | −CN¥133.5m | −CN¥2.6m | CN¥352,821 | CN¥3.9m | CN¥577,725 | CN¥9.3m |
| Diluted earnings per share | -0.00 | -0.04 | -0.45 | -0.01 | 0.00 | 0.01 | 0.00 | 0.06 |
| Cash from operations | — | — | — | CN¥14.0m | CN¥4.0m | CN¥11.0m | — | −CN¥18.0m |
| Total assets | CN¥1.29bn | CN¥1.21bn | CN¥1.16bn | CN¥1.21bn | CN¥1.24bn | CN¥1.24bn | CN¥1.24bn | CN¥1.24bn |
| Cash and short-term investments | — | — | — | CN¥622.1m | CN¥614.8m | CN¥619.5m | CN¥599.7m | CN¥547.7m |
| Debt | — | — | — | CN¥48.5m | CN¥2.7m | CN¥1.7m | CN¥647,717 | — |
| Shareholders' equity | CN¥1.02bn | CN¥1.02bn | CN¥1.03bn | CN¥1.17bn | CN¥1.17bn | CN¥1.17bn | CN¥1.17bn | CN¥1.17bn |
Financial ratios
Data as of 27 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 22.4% | 28.3% | 25.1% | 26.0% | 28.4% | 23.7% | — | — | — |
| Operating margin | -15.7% | 4.8% | 11.0% | 8.7% | 1.5% | -4.1% | — | — | — |
| Net margin | -34.4% | 4.8% | 9.3% | 5.5% | -1.7% | -5.4% | — | — | — |
| Return on equity | -12.7% | 1.7% | 5.3% | 4.8% | -1.3% | -2.8% | — | — | — |
| Return on assets | -11.4% | 1.6% | 4.9% | 3.5% | -1.0% | -2.3% | — | — | — |
| Free cash flow yield | 2.3% | 3.2% | -1.8% | 7.9% | 18.5% | -1.3% | — | — | — |
| Revenue growth | -4.4% | -38.7% | -30.1% | 19.9% | 51.4% | 17.5% | — | — | — |
| Earnings growth | -780.1% | -68.0% | 18.3% | -482.9% | -52.4% | -89.9% | — | — | — |
| Current ratio | 7.24x | 6.03x | 5.05x | 2.23x | 1.81x | 1.78x | — | — | — |
| Debt to equity | — | 0.00x | 0.07x | — | — | 0.13x | 0.12x | 0.24x | 0.65x |
| Equity ratio | 89.5% | 94.0% | 92.1% | 73.5% | 72.6% | 80.3% | — | — | — |
| Interest coverage | -3053.32x | 102.45x | 280.50x | 212.31x | 1.76x | -1.52x | — | — | — |
| R&D as a share of sales | 4.0% | 5.4% | 4.4% | 3.5% | 4.0% | 4.2% | — | — | — |
| Buybacks as a share of market value | -75.9% | 37.2% | 13.3% | -84.7% | -102.6% | 69.9% | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -25.7% | -5.8% | -12.5% |
| Operating income | — | -13.7% | 12.7% |
| Net income | — | 36.2% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 25.4% | 25.6% | 25.9% | 20.5% |
| Operating margin | 1.0% | 6.8% | 4.1% | -4.7% |
| Net margin | -14.3% | -0.0% | -1.1% | -5.7% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -18.6 | 57.8 | 39.4 | 58.5 | -116.7 | -9.4 | -5.0 | -10.4 | 113.2 | -33.7 |
| Price to sales | 6.4 | 2.8 | 3.6 | 3.2 | 2.0 | 0.5 | 3.1 | 2.2 | 1.5 | 1.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 13 Jul 2018.
| FY2018 | FY2016 | FY2014 | FY2013 | FY2010 | FY2008 | FY2007 | FY2006 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.02 | 0.025 | 0.025 | 0.025 | 0.029 | 0.047 | 0.041 | 0.047 |
- 17-for-10 split · 8 May 2012
- 1-to-1 reverse split · 11 Apr 2006
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.