B 
25.85
+5.17%
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¥6.17bn
FY2016FY2025
Net income
CN¥415.6m
FY2016FY2025
Free cash flow
−CN¥123.3m
FY2016FY2025
Shareholders' equity
CN¥8.06bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥6.17bn | CN¥6.66bn | CN¥6.93bn | CN¥6.63bn | CN¥5.25bn | CN¥4.34bn | CN¥4.19bn | CN¥3.41bn | CN¥2.88bn | CN¥2.51bn |
| Research and development | CN¥168.3m | CN¥204.0m | CN¥289.2m | CN¥244.8m | CN¥163.1m | CN¥161.5m | CN¥93.0m | CN¥100.7m | CN¥92.0m | CN¥63.3m |
| Operating income | CN¥563.7m | CN¥774.9m | CN¥750.5m | CN¥740.2m | CN¥685.7m | CN¥473.6m | CN¥316.5m | CN¥200.5m | CN¥44.7m | CN¥9.4m |
| Net income | CN¥415.6m | CN¥576.4m | CN¥544.2m | CN¥557.0m | CN¥560.3m | CN¥362.7m | CN¥240.0m | CN¥141.1m | CN¥21.5m | CN¥36.9m |
| Diluted earnings per share | 0.87 | 1.21 | 1.14 | 1.17 | 1.14 | 0.84 | 0.56 | 0.33 | 0.05 | 0.09 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥16.16bn | CN¥13.35bn | CN¥12.49bn | CN¥12.46bn | CN¥11.76bn | CN¥8.75bn | CN¥8.10bn | CN¥7.28bn | CN¥6.90bn | CN¥6.94bn |
| Cash and short-term investments | CN¥1.19bn | CN¥941.4m | CN¥921.1m | CN¥905.4m | CN¥1.64bn | CN¥929.1m | CN¥888.4m | CN¥1.06bn | CN¥673.7m | CN¥703.7m |
| Total liabilities | −CN¥8.06bn | CN¥5.72bn | CN¥5.35bn | CN¥5.69bn | CN¥5.27bn | CN¥4.38bn | CN¥4.03bn | CN¥3.42bn | CN¥3.17bn | CN¥3.20bn |
| Debt | CN¥2.09bn | CN¥1.38bn | CN¥2.68bn | CN¥2.28bn | CN¥2.29bn | CN¥2.60bn | CN¥2.64bn | CN¥2.72bn | CN¥2.50bn | CN¥2.51bn |
| Shareholders' equity | CN¥8.06bn | CN¥6.95bn | CN¥6.53bn | CN¥6.19bn | CN¥6.04bn | CN¥4.01bn | CN¥3.73bn | CN¥3.54bn | CN¥3.42bn | CN¥3.43bn |
| Shares outstanding | 478m | 478m | 478m | 478m | 494m | 430m | 430m | 430m | 430m | 430m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥241.2m | CN¥412.4m | CN¥150.6m | −CN¥435.4m | CN¥205.9m | CN¥404.0m | CN¥52.7m | CN¥375.8m | CN¥215.8m | −CN¥127.3m |
| Capital spending | −CN¥364.4m | −CN¥245.1m | −CN¥162.9m | −CN¥354.0m | −CN¥383.1m | −CN¥135.6m | −CN¥50.6m | −CN¥57.6m | −CN¥37.9m | −CN¥4.8m |
| Free cash flow | −CN¥123.3m | CN¥167.3m | −CN¥12.3m | −CN¥789.4m | −CN¥177.2m | CN¥268.5m | CN¥2.0m | CN¥318.3m | CN¥177.9m | −CN¥132.2m |
| Dividends paid | −CN¥247.8m | −CN¥224.4m | −CN¥278.8m | −CN¥519.5m | −CN¥603.1m | −CN¥86.1m | −CN¥43.0m | −CN¥147.8m | −CN¥145.8m | −CN¥143.0m |
Latest quarters
By quarter end
| Sept 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.65bn | CN¥1.50bn | CN¥1.50bn | CN¥1.73bn | CN¥1.47bn | CN¥1.51bn | CN¥1.46bn | CN¥1.15bn |
| Operating income | CN¥166.3m | CN¥154.2m | CN¥190.5m | CN¥150.4m | CN¥107.5m | CN¥187.5m | CN¥118.3m | CN¥86.2m |
| Net income | CN¥57.4m | CN¥86.8m | CN¥58.9m | CN¥128.1m | CN¥82.1m | CN¥124.3m | CN¥81.2m | CN¥59.9m |
| Diluted earnings per share | 0.12 | 0.18 | 0.12 | 0.27 | 0.17 | 0.26 | 0.17 | 0.13 |
| Cash from operations | — | — | — | — | CN¥173.0m | CN¥46.0m | CN¥30.0m | −CN¥243.0m |
| Capital spending | −CN¥67.0m | −CN¥42.0m | −CN¥104.0m | −CN¥89.0m | −CN¥164.0m | −CN¥48.0m | −CN¥62.0m | −CN¥32.0m |
| Free cash flow | — | — | — | — | CN¥9.0m | −CN¥2.0m | −CN¥32.0m | −CN¥275.0m |
| Total assets | CN¥18.98bn | CN¥19.30bn | CN¥16.34bn | CN¥16.16bn | CN¥15.50bn | CN¥13.97bn | CN¥13.56bn | CN¥13.35bn |
| Cash and short-term investments | — | — | — | CN¥1.19bn | CN¥1.19bn | CN¥1.12bn | CN¥876.3m | CN¥941.4m |
| Debt | CN¥5.36bn | CN¥5.52bn | CN¥2.12bn | CN¥2.09bn | CN¥1.27bn | CN¥1.55bn | CN¥1.46bn | CN¥1.32bn |
| Shareholders' equity | CN¥7.30bn | CN¥7.24bn | CN¥7.24bn | CN¥8.06bn | CN¥7.06bn | CN¥6.98bn | CN¥7.04bn | CN¥6.95bn |
Financial ratios
Data as of 28 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | 9.4% | 12.4% | 10.8% | 12.6% | 14.5% | 10.9% |
| Net margin | 6.7% | 8.7% | 7.9% | 8.4% | 10.7% | 8.4% |
| Return on equity | 5.2% | 8.3% | 8.3% | 9.0% | 9.3% | 9.0% |
| Return on assets | 2.6% | 4.3% | 4.4% | 4.5% | 4.8% | 4.1% |
| Free cash flow yield | 5.2% | 5.6% | 2.7% | -0.7% | 4.9% | 5.1% |
| Revenue growth | -7.3% | -3.9% | 4.4% | 26.5% | 20.9% | 3.6% |
| Earnings growth | -27.9% | 5.9% | -2.3% | -0.6% | 54.5% | 51.1% |
| Current ratio | 2.05x | 2.07x | 2.36x | 2.25x | 2.61x | 1.99x |
| Debt to equity | 0.26x | 0.19x | 0.41x | 0.36x | 0.36x | 0.65x |
| Equity ratio | 49.9% | 52.1% | 52.3% | 49.7% | 51.4% | 45.8% |
| Interest coverage | 8.70x | 13.25x | 10.20x | 6.19x | 6.67x | 4.21x |
| R&D as a share of sales | 2.7% | 3.1% | 4.2% | 3.7% | 3.1% | 3.7% |
| Buybacks as a share of market value | 0.0% | -0.0% | -0.0% | 3.2% | -14.7% | 0.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -2.4% | 7.3% | 11.2% |
| Operating income | -8.7% | 3.5% | — |
| Net income | -9.3% | 2.8% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 10.4% | 10.7% | 11.1% | 8.5% |
| Net margin | 7.7% | 7.9% | 8.4% | 6.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 45.3 | 23.6 | 27.6 | 35.0 | 63.2 | 61.8 | 43.6 | 46.0 | 473.0 | 193.2 |
| Price to sales | 3.0 | 2.0 | 2.2 | 2.9 | 6.8 | 5.2 | 2.5 | 1.9 | 3.5 | 2.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 23 years. Last went ex-dividend on 3 Jun 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.30 | 0.39 | 0.35 | 0.45 | 0.85 | 1.05 | 0.20 | 0.10 |
- 9-for-5 split · 20 Sept 2006
- 1-to-1 reverse split · 30 Dec 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.