G 
4.30
+0.70%
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¥3.70bn
FY2016FY2025
Net income
−CN¥211.0m
FY2016FY2025
Free cash flow
−CN¥797.8m
FY2016FY2025
Shareholders' equity
CN¥2.75bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥3.70bn | CN¥3.93bn | CN¥16.72bn | CN¥17.43bn | CN¥17.14bn | CN¥18.75bn | CN¥26.46bn | CN¥11.93bn | CN¥10.21bn | CN¥5.21bn |
| Research and development | CN¥18.2m | CN¥16.9m | CN¥9.6m | CN¥5.7m | CN¥919,658 | — | — | — | — | — |
| Operating income | CN¥449.1m | CN¥495.1m | CN¥562.9m | −CN¥215.6m | CN¥93.1m | CN¥674.7m | CN¥252.1m | CN¥447.7m | CN¥278.9m | CN¥425.5m |
| Net income | −CN¥211.0m | CN¥63.0m | CN¥1.7m | −CN¥222.2m | CN¥77.9m | CN¥256.4m | CN¥151.8m | CN¥68.5m | CN¥63.4m | CN¥209.4m |
| Diluted earnings per share | -0.14 | 0.04 | 0.00 | -0.15 | 0.05 | 0.26 | 0.15 | 0.07 | 41.04 | 0.21 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥23.08bn | CN¥23.29bn | CN¥18.41bn | CN¥21.48bn | CN¥21.79bn | CN¥20.19bn | CN¥16.00bn | CN¥14.40bn | CN¥12.75bn | CN¥11.00bn |
| Cash and short-term investments | CN¥2.40bn | CN¥2.11bn | CN¥1.66bn | CN¥2.82bn | CN¥2.73bn | CN¥2.21bn | CN¥1.88bn | CN¥1.96bn | CN¥1.68bn | CN¥1.68bn |
| Total liabilities | CN¥17.92bn | CN¥18.28bn | CN¥13.88bn | CN¥16.97bn | CN¥17.35bn | CN¥17.43bn | CN¥13.43bn | CN¥12.02bn | CN¥10.23bn | CN¥7.96bn |
| Debt | CN¥15.94bn | CN¥11.08bn | CN¥11.14bn | CN¥12.19bn | CN¥11.55bn | CN¥9.30bn | CN¥7.25bn | CN¥8.30bn | CN¥8.49bn | CN¥6.91bn |
| Shareholders' equity | CN¥2.75bn | CN¥2.99bn | CN¥2.98bn | CN¥3.24bn | CN¥3.14bn | CN¥2.27bn | CN¥2.04bn | CN¥1.88bn | CN¥2.04bn | CN¥2.66bn |
| Shares outstanding | 1,466m | 1,462m | 1,627m | 1,467m | 1,464m | 994m | 994m | 1,011m | 2m | 996m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥1.54bn | CN¥1.21bn | CN¥607.6m | CN¥1.26bn | CN¥1.05bn | CN¥1.56bn | CN¥475.6m | CN¥65.8m | CN¥227.4m | CN¥227.8m |
| Capital spending | −CN¥2.34bn | −CN¥3.65bn | −CN¥1.91bn | −CN¥380.8m | −CN¥920.8m | −CN¥1.13bn | −CN¥514.4m | −CN¥759.9m | −CN¥1.70bn | −CN¥1.25bn |
| Free cash flow | −CN¥797.8m | −CN¥2.44bn | −CN¥1.30bn | CN¥879.6m | CN¥126.2m | CN¥434.3m | −CN¥38.8m | −CN¥694.1m | −CN¥1.47bn | −CN¥1.02bn |
| Dividends paid | −CN¥44.0m | −CN¥454.7m | −CN¥475.3m | −CN¥24.4m | −CN¥590.4m | −CN¥49.7m | −CN¥20.7m | −CN¥466.3m | −CN¥477.4m | −CN¥295.9m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.05bn | CN¥872.7m | CN¥1.08bn | CN¥998.3m | CN¥814.4m | CN¥822.1m | CN¥1.01bn | CN¥997.9m |
| Operating income | CN¥366.3m | CN¥120.8m | −CN¥115.7m | CN¥328.1m | CN¥305.5m | −CN¥171.2m | CN¥495.1m | CN¥673.3m |
| Net income | CN¥158.6m | −CN¥34.4m | −CN¥289.2m | CN¥149.1m | CN¥137.6m | −CN¥208.6m | −CN¥386.6m | CN¥438.2m |
| Diluted earnings per share | 0.11 | -0.02 | -0.20 | 0.10 | 0.09 | -0.14 | -0.26 | 0.30 |
| Cash from operations | — | — | CN¥254.0m | CN¥776.0m | −CN¥53.0m | CN¥535.0m | CN¥291.0m | CN¥306.0m |
| Capital spending | −CN¥233.0m | −CN¥140.0m | −CN¥875.0m | −CN¥327.0m | −CN¥649.0m | −CN¥482.0m | −CN¥1.03bn | −CN¥1.19bn |
| Free cash flow | — | — | −CN¥621.0m | CN¥449.0m | −CN¥702.0m | CN¥53.0m | −CN¥735.0m | −CN¥886.0m |
| Total assets | CN¥23.08bn | CN¥23.55bn | CN¥23.08bn | CN¥23.22bn | CN¥22.82bn | CN¥23.20bn | CN¥23.29bn | CN¥21.78bn |
| Cash and short-term investments | — | — | CN¥2.40bn | CN¥2.52bn | CN¥1.93bn | CN¥2.59bn | CN¥2.11bn | CN¥2.13bn |
| Debt | CN¥10.64bn | CN¥10.19bn | CN¥14.80bn | CN¥6.17bn | CN¥11.91bn | CN¥11.52bn | CN¥10.98bn | CN¥10.96bn |
| Shareholders' equity | CN¥2.84bn | CN¥2.72bn | CN¥2.75bn | CN¥3.04bn | CN¥2.89bn | CN¥2.79bn | CN¥2.99bn | CN¥3.39bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -40.3% | -27.7% | 0.3% |
| Operating income | — | -7.8% | -0.7% |
| Net income | -1.7% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 12.4% | 3.1% | 2.7% | 2.9% |
| Net margin | -1.9% | -0.9% | -0.0% | 0.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -26.5 | 105.8 | — | -20.9 | 89.9 | 14.8 | 23.4 | 44.3 | 0.1 | 36.1 |
| Price to sales | 1.5 | 1.7 | 0.4 | 0.3 | 0.4 | 0.2 | 0.1 | 0.3 | — | 1.4 |
Dividends and splits
Per share, in the currency the company pays
Paid for 2 years. Last went ex-dividend on 9 Jun 2026.
| FY2026 | FY2025 | FY2024 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.03 | 0.03 | 0.03 | 0.02 | 0.063 | 0.05 | 0.021 | 0.021 |
- 6-for-5 split · 23 May 2022
- 3-for-2 split · 28 Apr 2011
- 1-to-1 reverse split · 3 Aug 2006
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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