N 
11.26
-1.14%
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¥1.82bn
FY2016FY2025
Net income
CN¥21.5m
FY2016FY2025
Free cash flow
−CN¥232.1m
FY2016FY2025
Shareholders' equity
CN¥3.98bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.82bn | CN¥2.14bn | CN¥2.38bn | CN¥3.51bn | CN¥4.61bn | CN¥4.45bn | CN¥4.18bn | CN¥4.55bn | CN¥5.57bn | CN¥5.66bn |
| Gross profit | CN¥324.0m | CN¥348.7m | CN¥322.8m | CN¥254.0m | CN¥189.8m | CN¥374.0m | CN¥674.9m | CN¥972.3m | CN¥1.39bn | CN¥1.26bn |
| Research and development | CN¥83.2m | CN¥87.7m | CN¥106.1m | CN¥147.2m | CN¥170.5m | CN¥148.3m | CN¥143.6m | CN¥197.8m | CN¥207.8m | CN¥153.3m |
| Operating income | −CN¥24.8m | CN¥40.2m | CN¥57.8m | −CN¥213.1m | −CN¥348.7m | −CN¥13.8m | CN¥208.7m | CN¥336.9m | CN¥287.2m | CN¥263.5m |
| Net income | CN¥21.5m | CN¥15.2m | CN¥5.2m | −CN¥199.7m | −CN¥357.5m | CN¥10.3m | CN¥142.1m | CN¥262.3m | CN¥251.3m | CN¥206.5m |
| Diluted earnings per share | 0.03 | 0.02 | 0.01 | -0.25 | -0.45 | 0.01 | 0.18 | 0.33 | 0.25 | 0.39 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥5.57bn | CN¥5.78bn | CN¥5.43bn | CN¥5.48bn | CN¥5.99bn | CN¥6.61bn | CN¥6.82bn | CN¥6.69bn | CN¥6.51bn | CN¥3.82bn |
| Cash and short-term investments | — | CN¥1.66bn | CN¥1.80bn | CN¥1.98bn | CN¥1.81bn | CN¥2.03bn | CN¥3.41bn | CN¥3.84bn | CN¥3.36bn | CN¥2.26bn |
| Total liabilities | CN¥1.11bn | CN¥1.32bn | CN¥985.3m | CN¥1.05bn | CN¥1.35bn | CN¥1.62bn | CN¥1.78bn | CN¥1.72bn | CN¥1.67bn | CN¥743.6m |
| Debt | — | CN¥10.6m | CN¥17.4m | CN¥69.4m | CN¥22.3m | CN¥29.1m | CN¥297.7m | CN¥4.3m | CN¥4.2m | CN¥242,929 |
| Shareholders' equity | CN¥3.98bn | CN¥3.97bn | CN¥3.96bn | CN¥3.95bn | CN¥4.15bn | CN¥4.51bn | CN¥4.54bn | CN¥4.48bn | CN¥4.31bn | CN¥2.55bn |
| Shares outstanding | 796m | 797m | 796m | 796m | 796m | 796m | 796m | 796m | 990m | 536m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −CN¥210.3m | CN¥594.0m | CN¥445.4m | −CN¥33.0m | CN¥73.6m | −CN¥80.4m | −CN¥196.6m | CN¥672.3m | −CN¥63.1m | CN¥197.9m |
| Capital spending | −CN¥21.8m | −CN¥18.3m | −CN¥43.1m | −CN¥70.4m | −CN¥90.0m | −CN¥146.8m | −CN¥194.5m | −CN¥135.7m | −CN¥116.8m | −CN¥37.9m |
| Free cash flow | −CN¥232.1m | CN¥575.7m | CN¥402.3m | −CN¥103.4m | −CN¥16.4m | −CN¥227.2m | −CN¥391.1m | CN¥536.5m | −CN¥179.9m | CN¥160.0m |
| Dividends paid | −CN¥7.2m | −CN¥1.6m | −CN¥707,489 | −CN¥535,065 | −CN¥9.7m | −CN¥43.0m | −CN¥79.6m | −CN¥79.6m | −CN¥5.3m | −CN¥13.9m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥415.9m | CN¥461.7m | CN¥525.7m | CN¥417.2m | CN¥417.5m | CN¥458.1m | CN¥727.1m | CN¥441.0m |
| Gross profit | CN¥76.8m | CN¥83.0m | CN¥99.5m | CN¥82.1m | CN¥68.0m | CN¥71.5m | CN¥105.7m | CN¥96.8m |
| Operating income | −CN¥2.1m | CN¥6.5m | −CN¥9.2m | −CN¥373,974 | CN¥13.2m | CN¥12.4m | CN¥9.9m | CN¥9.4m |
| Net income | CN¥7.9m | CN¥7.9m | CN¥1.9m | CN¥5.7m | CN¥8.1m | CN¥5.8m | CN¥1.9m | CN¥1.6m |
| Diluted earnings per share | 0.01 | 0.01 | 0.00 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 |
| Cash from operations | — | — | — | CN¥86.0m | −CN¥65.0m | −CN¥269.0m | CN¥438.0m | CN¥37.0m |
| Capital spending | −CN¥3.0m | −CN¥3.0m | −CN¥9.0m | −CN¥2.0m | −CN¥1.0m | −CN¥8.0m | −CN¥8.0m | −CN¥3.0m |
| Free cash flow | — | — | — | CN¥84.0m | −CN¥66.0m | −CN¥277.0m | CN¥430.0m | CN¥34.0m |
| Total assets | CN¥5.60bn | CN¥5.49bn | CN¥5.57bn | CN¥5.41bn | CN¥5.35bn | CN¥5.37bn | CN¥5.78bn | CN¥5.32bn |
| Cash and short-term investments | — | — | — | CN¥1.02bn | CN¥2.14bn | CN¥1.01bn | CN¥1.29bn | CN¥857.5m |
| Debt | — | — | — | CN¥4.2m | CN¥4.4m | CN¥4.6m | CN¥3.6m | CN¥5.6m |
| Shareholders' equity | CN¥3.93bn | CN¥3.98bn | CN¥3.98bn | CN¥3.98bn | CN¥3.98bn | CN¥3.97bn | CN¥3.97bn | CN¥3.97bn |
Financial ratios
Data as of 4 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Gross margin | 17.8% | 16.3% | 13.5% | 7.2% | 4.1% | 8.4% | — |
| Operating margin | -1.4% | 1.9% | 2.4% | -6.1% | -7.6% | -0.3% | — |
| Net margin | 1.2% | 0.7% | 0.2% | -5.7% | -7.8% | 0.2% | — |
| Return on equity | 0.5% | 0.4% | 0.1% | -5.1% | -8.6% | 0.2% | — |
| Return on assets | 0.4% | 0.3% | 0.1% | -3.6% | -6.0% | 0.2% | — |
| Free cash flow yield | -1.9% | 6.1% | 4.9% | 0.4% | 1.6% | 0.7% | — |
| Revenue growth | -15.0% | -10.3% | -32.1% | -23.9% | 3.6% | 6.5% | — |
| Earnings growth | 41.6% | 191.9% | -102.6% | -44.2% | -3566.9% | -92.7% | — |
| Current ratio | 2.44x | 1.80x | 2.73x | 3.00x | 2.33x | 2.43x | — |
| Debt to equity | — | 0.00x | 0.00x | 0.01x | 0.00x | 0.00x | 0.04x |
| Equity ratio | 71.4% | 68.6% | 72.9% | 72.1% | 69.3% | 68.1% | — |
| Interest coverage | -66.04x | 14.30x | 21.10x | -55.53x | -96.29x | -3.22x | — |
| R&D as a share of sales | 4.6% | 4.1% | 4.4% | 4.2% | 3.7% | 3.3% | — |
| Buybacks as a share of market value | 0.2% | -0.2% | 0.0% | -0.0% | 0.0% | -0.0% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -19.7% | -16.4% | -6.0% |
| Operating income | -51.2% | 12.4% | — |
| Net income | — | 15.8% | -7.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 17.0% | 12.7% | 9.6% | 15.3% |
| Operating margin | 0.4% | -1.4% | -2.7% | 1.5% |
| Net margin | 0.9% | -1.6% | -2.7% | 1.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 464.8 | — | — | -38.5 | -33.9 | — | 144.6 | 29.8 | 57.6 | 51.9 |
| Price to sales | 5.5 | 4.5 | 3.8 | 2.2 | 2.6 | 2.2 | 4.9 | 1.7 | 2.6 | 1.9 |
Dividends and splits
Per share, in the currency the company pays
Paid for 2 years. Last went ex-dividend on 8 Aug 2025.
| FY2025 | FY2024 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.009 | 0.002 | 0.004 | 0.054 | 0.10 | 0.10 | 0.007 | 0.026 |
- 1-to-1 reverse split · 25 Apr 2006
- 11-for-10 split · 13 Jun 2003
- 6-for-5 split · 3 Oct 1996
- 13-for-10 split · 6 May 1996
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.