N 
11.44
+0.26%
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¥5.16bn
FY2016FY2025
Net income
CN¥182.1m
FY2016FY2025
Free cash flow
CN¥896.5m
FY2016FY2025
Shareholders' equity
CN¥7.37bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥5.16bn | CN¥8.65bn | CN¥10.41bn | CN¥8.66bn | CN¥5.78bn | CN¥5.11bn | CN¥4.79bn | CN¥4.17bn | CN¥4.48bn | CN¥3.69bn |
| Gross profit | CN¥633.1m | CN¥632.8m | CN¥723.1m | CN¥1.14bn | CN¥1.40bn | CN¥1.65bn | CN¥1.75bn | CN¥1.44bn | CN¥1.31bn | CN¥1.03bn |
| Research and development | CN¥23.6m | CN¥46.7m | CN¥33.2m | CN¥17.6m | CN¥18.0m | CN¥4.7m | CN¥2.7m | CN¥3.1m | CN¥2.0m | CN¥1.9m |
| Operating income | CN¥291.1m | CN¥291.5m | CN¥380.2m | CN¥790.2m | CN¥1.04bn | CN¥1.22bn | CN¥987.5m | CN¥569.7m | CN¥439.7m | CN¥39.9m |
| Net income | CN¥182.1m | CN¥241.4m | CN¥297.4m | CN¥529.0m | CN¥801.2m | CN¥964.9m | CN¥768.9m | CN¥428.3m | CN¥339.5m | CN¥57.6m |
| Diluted earnings per share | 0.38 | 0.48 | 0.61 | 1.12 | 1.68 | 2.01 | 1.63 | 0.89 | 0.71 | 0.11 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥9.79bn | CN¥10.62bn | CN¥11.25bn | CN¥10.08bn | CN¥9.25bn | CN¥8.27bn | CN¥7.54bn | CN¥7.11bn | CN¥7.35bn | CN¥7.84bn |
| Cash and short-term investments | CN¥3.33bn | CN¥2.99bn | CN¥2.89bn | CN¥2.06bn | CN¥2.22bn | CN¥1.32bn | CN¥833.2m | CN¥635.5m | CN¥792.9m | CN¥916.7m |
| Total liabilities | CN¥1.92bn | CN¥2.96bn | CN¥3.72bn | CN¥2.64bn | CN¥1.97bn | CN¥1.60bn | CN¥1.63bn | CN¥1.92bn | CN¥2.53bn | CN¥3.35bn |
| Debt | CN¥304.1m | CN¥419.3m | CN¥844.9m | CN¥406.3m | CN¥396.8m | CN¥430.4m | CN¥492.4m | CN¥797.1m | CN¥1.15bn | CN¥2.07bn |
| Shareholders' equity | CN¥7.37bn | CN¥7.28bn | CN¥7.15bn | CN¥7.04bn | CN¥6.76bn | CN¥6.32bn | CN¥5.58bn | CN¥4.85bn | CN¥4.53bn | CN¥4.22bn |
| Shares outstanding | 478m | 508m | 485m | 471m | 476m | 481m | 472m | 483m | 477m | 525m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥1.03bn | CN¥634.6m | CN¥791.7m | CN¥787.5m | CN¥1.33bn | CN¥1.09bn | CN¥988.0m | CN¥532.8m | CN¥936.9m | CN¥598.6m |
| Capital spending | −CN¥138.1m | −CN¥175.0m | −CN¥304.1m | −CN¥606.5m | −CN¥261.0m | −CN¥230.7m | −CN¥258.7m | −CN¥87.6m | −CN¥54.9m | −CN¥44.3m |
| Free cash flow | CN¥896.5m | CN¥459.6m | CN¥487.6m | CN¥181.0m | CN¥1.07bn | CN¥859.2m | CN¥729.3m | CN¥445.2m | CN¥882.0m | CN¥554.3m |
| Dividends paid | −CN¥100.4m | −CN¥147.2m | −CN¥208.3m | −CN¥287.9m | −CN¥320.4m | −CN¥243.9m | −CN¥143.5m | −CN¥150.0m | −CN¥134.3m | −CN¥112.5m |
Latest quarters
By quarter end
| Sept 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.06bn | CN¥1.12bn | CN¥461.4m | CN¥1.13bn | CN¥1.49bn | CN¥1.68bn | CN¥877.8m | CN¥1.88bn |
| Gross profit | CN¥177.2m | CN¥166.5m | CN¥32.3m | CN¥185.3m | CN¥229.1m | CN¥227.2m | CN¥46.0m | CN¥188.4m |
| Operating income | CN¥75.9m | CN¥65.9m | −CN¥23.4m | −CN¥89.6m | CN¥139.7m | CN¥154.2m | −CN¥16.7m | CN¥86.5m |
| Net income | CN¥65.5m | CN¥62.3m | −CN¥4.5m | −CN¥39.3m | CN¥115.8m | CN¥114.1m | −CN¥8.4m | CN¥70.6m |
| Diluted earnings per share | 0.14 | 0.13 | -0.01 | -0.08 | 0.24 | 0.24 | -0.02 | 0.14 |
| Cash from operations | — | — | — | CN¥342.0m | CN¥314.0m | CN¥383.0m | −CN¥27.0m | — |
| Capital spending | −CN¥15.0m | −CN¥2.0m | −CN¥13.0m | −CN¥75.0m | −CN¥6.0m | −CN¥31.0m | −CN¥24.0m | −CN¥97.0m |
| Free cash flow | — | — | — | CN¥267.0m | CN¥308.0m | CN¥352.0m | −CN¥51.0m | — |
| Total assets | CN¥9.33bn | CN¥9.32bn | CN¥9.31bn | CN¥9.79bn | CN¥10.44bn | CN¥10.42bn | CN¥10.26bn | CN¥10.62bn |
| Cash and short-term investments | — | — | — | CN¥3.33bn | CN¥3.38bn | CN¥3.15bn | CN¥2.89bn | CN¥2.99bn |
| Debt | — | — | — | CN¥303.2m | CN¥546.5m | CN¥354.4m | CN¥368.6m | CN¥417.3m |
| Shareholders' equity | CN¥7.41bn | CN¥7.36bn | CN¥7.37bn | CN¥7.37bn | CN¥7.41bn | CN¥7.29bn | CN¥7.27bn | CN¥7.28bn |
Financial ratios
Data as of 12 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 12.3% | 7.3% | 6.9% | 13.1% | 24.2% | 32.2% |
| Operating margin | 5.6% | 3.6% | 3.9% | 8.8% | 18.8% | 24.5% |
| Net margin | 3.5% | 2.8% | 2.9% | 6.1% | 13.9% | 18.9% |
| Return on equity | 2.5% | 3.3% | 4.2% | 7.5% | 11.9% | 15.3% |
| Return on assets | 1.9% | 2.3% | 2.6% | 5.3% | 8.7% | 11.7% |
| Free cash flow yield | 20.2% | 13.2% | 18.7% | 24.4% | 27.6% | 22.6% |
| Revenue growth | -40.4% | -16.9% | 20.2% | 49.7% | 13.2% | 6.7% |
| Earnings growth | -24.6% | -18.8% | -43.8% | -34.0% | -17.0% | 25.5% |
| Current ratio | 2.63x | 2.04x | 1.89x | 1.92x | 2.37x | 2.16x |
| Debt to equity | 0.04x | 0.06x | 0.12x | 0.05x | 0.07x | 0.07x |
| Equity ratio | 75.3% | 68.5% | 63.5% | 69.9% | 73.1% | 76.4% |
| Interest coverage | 18.23x | 10.86x | 17.00x | 23.55x | 20.34x | 101.84x |
| R&D as a share of sales | 0.5% | 0.5% | 0.3% | 0.2% | 0.3% | 0.1% |
| Buybacks as a share of market value | 5.8% | -4.8% | -2.9% | 1.2% | 1.0% | -1.8% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -15.9% | 0.2% | 4.9% |
| Operating income | -28.3% | -24.9% | — |
| Net income | -29.9% | -28.4% | 24.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 9.2% | 9.5% | 14.1% | 19.4% |
| Operating margin | 4.2% | 5.3% | 9.2% | 9.3% |
| Net margin | 3.1% | 3.8% | 6.9% | 7.2% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 32.5 | 31.6 | 29.2 | 10.6 | 7.2 | 6.6 | 6.9 | 8.3 | 15.9 | 110.6 |
| Price to sales | 1.1 | 0.9 | 0.8 | 0.7 | 1.0 | 1.3 | 1.1 | 0.8 | 1.2 | 1.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 14 years. Last went ex-dividend on 4 Jun 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.16 | 0.21 | 0.25 | 0.39 | 0.54 | 0.67 | 0.51 | 0.30 |
- 2-for-1 split · 21 May 2012
- 1.173-for-1 split · 15 Aug 2006
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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