S 
4.18
-0.71%
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¥1.10bn
FY2016FY2025
Net income
−CN¥315.3m
FY2016FY2025
Free cash flow
−CN¥22.8m
FY2016FY2025
Shareholders' equity
CN¥6.09bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.10bn | CN¥2.58bn | CN¥1.02bn | CN¥1.26bn | CN¥1.11bn | CN¥1.20bn | CN¥1.09bn | CN¥507.9m | CN¥2.19bn | CN¥1.18bn |
| Gross profit | CN¥167.6m | CN¥706.2m | CN¥319.6m | CN¥594.7m | CN¥555.4m | CN¥628.7m | CN¥557.1m | CN¥215.9m | CN¥875.0m | CN¥480.1m |
| Operating income | −CN¥29.5m | CN¥148.2m | −CN¥129.3m | CN¥154.4m | CN¥206.6m | CN¥233.5m | CN¥377.4m | CN¥388.2m | CN¥445.1m | CN¥219.0m |
| Net income | −CN¥315.3m | CN¥30.5m | −CN¥177.7m | CN¥78.3m | CN¥115.0m | CN¥175.8m | CN¥211.0m | CN¥237.6m | CN¥231.5m | CN¥153.5m |
| Diluted earnings per share | -0.17 | 0.02 | -0.09 | 0.04 | 0.06 | 0.09 | 0.11 | 0.13 | 0.12 | 0.09 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥20.29bn | CN¥20.79bn | CN¥22.09bn | CN¥22.06bn | CN¥21.16bn | CN¥19.11bn | CN¥18.21bn | CN¥16.33bn | CN¥12.70bn | CN¥12.84bn |
| Cash and short-term investments | — | CN¥1.05bn | CN¥1.51bn | CN¥2.13bn | CN¥1.48bn | CN¥825.9m | CN¥2.20bn | CN¥1.75bn | CN¥2.16bn | CN¥3.36bn |
| Total liabilities | CN¥12.31bn | CN¥12.41bn | CN¥13.79bn | CN¥13.55bn | CN¥12.71bn | CN¥10.73bn | CN¥10.66bn | CN¥9.00bn | CN¥6.57bn | CN¥7.00bn |
| Debt | CN¥7.13bn | CN¥8.29bn | CN¥7.88bn | CN¥9.64bn | CN¥10.08bn | CN¥8.43bn | CN¥8.57bn | CN¥7.44bn | CN¥4.71bn | CN¥4.78bn |
| Shareholders' equity | CN¥6.09bn | CN¥6.42bn | CN¥6.39bn | CN¥6.60bn | CN¥6.53bn | CN¥6.47bn | CN¥6.28bn | CN¥6.11bn | CN¥5.89bn | CN¥5.68bn |
| Shares outstanding | 1,873m | 1,873m | 1,873m | 1,873m | 1,873m | 1,869m | 1,867m | 1,859m | 1,885m | 1,638m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥51.3m | −CN¥309.1m | −CN¥361.2m | CN¥1.79bn | −CN¥451.0m | −CN¥1.54bn | −CN¥292.1m | −CN¥3.99bn | −CN¥730.7m | CN¥23.0m |
| Capital spending | −CN¥74.2m | −CN¥502,291 | −CN¥33.6m | −CN¥52.6m | −CN¥22.4m | −CN¥9.0m | −CN¥37.4m | −CN¥4.1m | −CN¥4.9m | −CN¥38.8m |
| Free cash flow | −CN¥22.8m | −CN¥309.6m | −CN¥394.9m | CN¥1.74bn | −CN¥473.4m | −CN¥1.55bn | −CN¥329.5m | −CN¥4.00bn | −CN¥735.6m | −CN¥15.9m |
| Dividends paid | −CN¥281.4m | −CN¥291.4m | −CN¥361.5m | −CN¥13.1m | −CN¥22.5m | −CN¥22.5m | −CN¥46.8m | −CN¥249.5m | −CN¥245.2m | −CN¥232.3m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.08bn | CN¥233.3m | CN¥283.8m | CN¥214.1m | CN¥238.1m | CN¥363.6m | CN¥1.83bn | CN¥301.4m |
| Gross profit | CN¥209.8m | CN¥53.2m | CN¥55.5m | CN¥5.0m | CN¥25.9m | CN¥81.1m | CN¥474.4m | CN¥125.1m |
| Operating income | CN¥103.4m | −CN¥7.1m | −CN¥8.6m | −CN¥3.9m | −CN¥114.8m | −CN¥32.9m | CN¥262.2m | CN¥31.9m |
| Net income | CN¥5.3m | −CN¥76.5m | −CN¥128.1m | −CN¥44.8m | −CN¥103.1m | −CN¥39.3m | CN¥128.3m | CN¥38.5m |
| Diluted earnings per share | 0.00 | -0.04 | -0.07 | -0.02 | -0.06 | -0.02 | 0.07 | 0.02 |
| Cash from operations | — | — | — | CN¥55.0m | CN¥33.0m | −CN¥95.0m | — | CN¥50.0m |
| Capital spending | −CN¥46.0m | −CN¥54.0m | −CN¥60.0m | −CN¥1.0m | −CN¥1.0m | −CN¥10.0m | −CN¥19.0m | −CN¥8.0m |
| Free cash flow | — | — | — | CN¥54.0m | CN¥32.0m | −CN¥105.0m | — | CN¥42.0m |
| Total assets | CN¥20.38bn | CN¥20.02bn | CN¥20.29bn | CN¥20.44bn | CN¥20.62bn | CN¥20.89bn | CN¥20.79bn | CN¥21.67bn |
| Cash and short-term investments | — | — | — | CN¥1.15bn | CN¥1.29bn | CN¥1.36bn | CN¥1.05bn | CN¥855.1m |
| Debt | CN¥7.12bn | CN¥7.95bn | CN¥7.13bn | CN¥2.10bn | CN¥9.40bn | CN¥9.70bn | CN¥8.25bn | CN¥7.18bn |
| Shareholders' equity | CN¥6.02bn | CN¥6.01bn | CN¥6.09bn | CN¥6.22bn | CN¥6.26bn | CN¥6.38bn | CN¥6.42bn | CN¥6.30bn |
Financial ratios
Data as of 8 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 51.4% | 27.4% | 31.3% | 47.1% | 49.8% | 52.3% |
| Operating margin | -4.1% | 17.4% | 11.0% | 29.6% | 35.6% | 38.2% |
| Net margin | -28.7% | 1.2% | -17.4% | 6.2% | 10.3% | 14.6% |
| Return on equity | -5.2% | 0.5% | -2.8% | 1.2% | 1.8% | 2.7% |
| Return on assets | -1.6% | 0.1% | -0.8% | 0.4% | 0.5% | 0.9% |
| Free cash flow yield | 1.4% | -3.5% | -3.7% | 20.7% | -4.8% | -17.3% |
| Revenue growth | -57.4% | 152.7% | -19.1% | 13.4% | -7.3% | 10.3% |
| Earnings growth | -1132.6% | -117.2% | -327.0% | -31.9% | -34.6% | -16.7% |
| Current ratio | 1.12x | 1.65x | 1.48x | 1.44x | 1.77x | 1.70x |
| Debt to equity | 1.17x | 1.28x | 1.22x | 1.45x | 1.47x | 1.30x |
| Equity ratio | 30.0% | 30.9% | 28.9% | 29.9% | 30.9% | 33.8% |
| Interest coverage | -0.17x | 1.47x | 0.41x | 1.18x | 1.11x | 1.46x |
| Buybacks as a share of market value | 0.0% | -0.0% | 0.0% | -0.0% | -0.2% | -0.1% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -4.5% | -1.8% | 1.0% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 23.7% | 30.0% | 35.9% | 38.6% |
| Operating margin | 3.2% | 2.4% | 7.0% | 15.3% |
| Net margin | -7.7% | -6.4% | -1.1% | 6.1% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -33.0 | 292.1 | -48.8 | 118.2 | 87.4 | 70.2 | 78.4 | 60.3 | 58.6 | 110.2 |
| Price to sales | 9.4 | 3.5 | 8.5 | 7.3 | 9.0 | 10.3 | 15.2 | 28.2 | 6.2 | 14.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 1 years. Last went ex-dividend on 1 Jul 2025.
| FY2025 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.01 | 0.005 | 0.007 | 0.012 | 0.012 | 0.025 | 0.012 | 0.01 |
- 2-for-1 split · 26 May 2017
- 1-to-1 reverse split · 3 Mar 2006
- 11-for-10 split · 16 Jun 1997
- 11-for-10 split · 10 Jun 1996
- 11-for-10 split · 3 Jul 1995
- 7-for-5 split · 21 Jun 1993
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.