B 
3.44
+0.29%
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¥3.91bn
FY2016FY2025
Net income
−CN¥10.4m
FY2016FY2025
Free cash flow
CN¥463.5m
FY2016FY2025
Shareholders' equity
CN¥1.69bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥3.91bn | CN¥4.52bn | CN¥4.83bn | CN¥3.55bn | CN¥4.31bn | CN¥4.53bn | CN¥5.23bn | CN¥4.79bn | CN¥4.09bn | CN¥3.50bn |
| Gross profit | CN¥542.0m | CN¥708.2m | CN¥726.8m | CN¥720.8m | CN¥866.7m | CN¥726.7m | CN¥888.9m | CN¥829.7m | CN¥730.2m | CN¥705.1m |
| Research and development | CN¥25.6m | CN¥27.5m | CN¥25.5m | CN¥21.0m | CN¥20.7m | CN¥14.1m | — | — | — | — |
| Operating income | CN¥69.1m | CN¥82.7m | CN¥81.7m | CN¥230.9m | CN¥271.9m | CN¥125.7m | CN¥232.3m | CN¥236.3m | CN¥186.6m | CN¥215.5m |
| Net income | −CN¥10.4m | CN¥20.7m | CN¥17.0m | CN¥86.0m | CN¥132.7m | CN¥68.2m | CN¥87.2m | CN¥102.8m | CN¥102.9m | CN¥117.7m |
| Diluted earnings per share | -0.04 | 0.08 | 0.01 | 0.09 | 0.17 | 0.13 | 0.10 | 0.14 | 0.14 | 0.17 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥4.24bn | CN¥4.60bn | CN¥4.77bn | CN¥4.70bn | CN¥4.39bn | CN¥4.51bn | CN¥4.96bn | CN¥4.81bn | CN¥3.77bn | CN¥3.64bn |
| Cash and short-term investments | — | CN¥975.1m | CN¥996.9m | CN¥1.03bn | CN¥937.5m | CN¥1.10bn | CN¥952.8m | CN¥1.22bn | CN¥1.41bn | CN¥1.11bn |
| Total liabilities | CN¥2.37bn | CN¥2.65bn | CN¥2.82bn | CN¥2.70bn | CN¥2.39bn | CN¥2.61bn | CN¥3.09bn | CN¥2.91bn | CN¥1.81bn | CN¥1.69bn |
| Debt | CN¥726.7m | CN¥1.35bn | CN¥1.02bn | CN¥1.79bn | CN¥1.64bn | CN¥357.8m | CN¥1.97bn | CN¥1.76bn | CN¥738.5m | CN¥744.1m |
| Shareholders' equity | CN¥1.69bn | CN¥1.77bn | CN¥1.78bn | CN¥1.83bn | CN¥1.84bn | CN¥1.78bn | CN¥1.76bn | CN¥1.77bn | CN¥1.80bn | CN¥1.76bn |
| Shares outstanding | 261m | 259m | 1,574m | 965m | 780m | 541m | 876m | 751m | 735m | 692m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥602.7m | CN¥457.5m | CN¥440.6m | CN¥553.5m | CN¥492.3m | CN¥403.2m | CN¥505.0m | CN¥303.0m | CN¥191.1m | CN¥214.3m |
| Capital spending | −CN¥139.3m | −CN¥281.3m | −CN¥282.2m | −CN¥220.1m | −CN¥158.6m | −CN¥143.6m | −CN¥349.7m | −CN¥95.4m | −CN¥130.9m | −CN¥232.9m |
| Free cash flow | CN¥463.5m | CN¥176.2m | CN¥158.4m | CN¥333.4m | CN¥333.7m | CN¥259.6m | CN¥155.3m | CN¥207.6m | CN¥60.2m | −CN¥18.7m |
| Dividends paid | −CN¥49.4m | −CN¥42.5m | −CN¥107.9m | −CN¥100.8m | −CN¥64.5m | −CN¥79.3m | −CN¥148.4m | −CN¥119.4m | −CN¥79.9m | −CN¥107.6m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥686.6m | CN¥612.9m | CN¥1.01bn | CN¥970.5m | CN¥1.01bn | CN¥910.9m | CN¥1.22bn | CN¥1.10bn |
| Gross profit | CN¥89.6m | CN¥104.3m | CN¥134.1m | CN¥144.7m | CN¥143.5m | CN¥119.7m | CN¥169.9m | CN¥190.4m |
| Operating income | −CN¥3.1m | CN¥11.2m | CN¥19.4m | −CN¥22.5m | CN¥41.4m | −CN¥9.5m | CN¥16.2m | CN¥46.5m |
| Net income | −CN¥16.3m | −CN¥9.4m | −CN¥15.5m | −CN¥1.3m | CN¥14.5m | −CN¥8.1m | −CN¥4.3m | CN¥14.9m |
| Diluted earnings per share | -0.06 | -0.04 | -0.06 | -0.00 | 0.06 | -0.03 | -0.02 | 0.06 |
| Cash from operations | — | — | — | CN¥134.0m | CN¥224.0m | CN¥13.0m | CN¥228.0m | CN¥18.0m |
| Capital spending | −CN¥13.0m | −CN¥16.0m | −CN¥38.0m | −CN¥36.0m | −CN¥41.0m | −CN¥21.0m | −CN¥101.0m | −CN¥35.0m |
| Free cash flow | — | — | — | CN¥98.0m | CN¥183.0m | −CN¥8.0m | CN¥127.0m | −CN¥17.0m |
| Total assets | CN¥3.86bn | CN¥3.97bn | CN¥4.24bn | CN¥4.49bn | CN¥4.50bn | CN¥4.40bn | CN¥4.60bn | CN¥4.55bn |
| Cash and short-term investments | — | — | — | CN¥1.00bn | CN¥945.9m | CN¥819.9m | CN¥975.1m | CN¥886.0m |
| Debt | CN¥690.6m | CN¥696.6m | CN¥726.7m | CN¥1.08bn | CN¥1.17bn | CN¥1.19bn | CN¥1.22bn | CN¥1.22bn |
| Shareholders' equity | CN¥1.64bn | CN¥1.68bn | CN¥1.69bn | CN¥1.79bn | CN¥1.78bn | CN¥1.76bn | CN¥1.77bn | CN¥1.78bn |
Financial ratios
Data as of 22 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 13.9% | 15.7% | 15.0% | 20.3% | 20.1% | 16.1% |
| Operating margin | 1.6% | 3.2% | 3.1% | 7.0% | 8.1% | 3.4% |
| Net margin | -0.3% | 0.5% | 0.4% | 2.4% | 3.1% | 1.5% |
| Return on equity | -0.6% | 1.2% | 1.0% | 4.7% | 7.2% | 3.8% |
| Return on assets | -0.2% | 0.5% | 0.4% | 1.8% | 3.0% | 1.5% |
| Free cash flow yield | 83.9% | 84.3% | 13.5% | 23.7% | 24.6% | 29.8% |
| Revenue growth | -13.5% | -6.5% | 36.0% | -17.5% | -4.8% | -13.4% |
| Earnings growth | -150.2% | 22.0% | -80.3% | -35.2% | 94.7% | -21.8% |
| Current ratio | 1.29x | 1.18x | 1.10x | 1.19x | 1.42x | 1.35x |
| Debt to equity | 0.43x | 0.69x | 0.47x | 0.39x | 0.23x | 0.12x |
| Equity ratio | 39.8% | 38.4% | 37.4% | 39.0% | 41.9% | 39.5% |
| Interest coverage | 1.55x | 2.30x | 2.05x | 2.91x | 3.94x | 5.11x |
| R&D as a share of sales | 0.7% | 0.6% | 0.5% | 0.6% | 0.5% | 0.3% |
| Buybacks as a share of market value | -0.9% | 83.6% | -63.2% | -23.6% | -44.4% | 38.3% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 3.2% | -2.9% | 2.6% |
| Operating income | -33.1% | -11.3% | -11.3% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 14.8% | 16.0% | 16.7% | 17.7% |
| Operating margin | 1.8% | 2.8% | 3.4% | 4.2% |
| Net margin | 0.1% | 0.7% | 1.2% | 1.9% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -109.9 | 55.8 | 415.4 | 44.5 | 26.2 | 28.9 | 37.4 | 24.3 | 36.5 | 39.1 |
| Price to sales | 0.3 | 0.3 | 1.5 | 1.1 | 0.8 | 0.4 | 0.6 | 0.5 | 0.9 | 1.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 13 years. Last went ex-dividend on 26 Aug 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.01 | 0.02 | 0.08 | 0.08 | 0.08 | 0.04 | 0.11 | 0.10 |
- 2-for-1 split · 24 Aug 2017
- 1-to-1 reverse split · 5 Apr 2006
- 8-for-5 split · 12 Aug 2005
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.