A 
2.92
-1.02%
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¥465.1m
FY2016FY2025
Net income
CN¥141.4m
FY2016FY2025
Free cash flow
−CN¥18.9m
FY2016FY2025
Shareholders' equity
CN¥999.8m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥465.1m | CN¥366.0m | CN¥327.9m | CN¥531.3m | CN¥699.7m | CN¥519.6m | CN¥729.8m | CN¥1.12bn | CN¥1.18bn | CN¥1.48bn |
| Gross profit | CN¥66.5m | CN¥34.2m | −CN¥319.6m | −CN¥13.4m | CN¥4.0m | −CN¥40.8m | CN¥157.0m | −CN¥8.4m | CN¥283.8m | CN¥700.3m |
| Research and development | CN¥24.5m | CN¥25.9m | CN¥32.4m | CN¥90.1m | CN¥33.0m | CN¥55.8m | CN¥38.4m | CN¥65.6m | CN¥44.3m | CN¥76.0m |
| Operating income | CN¥171.7m | −CN¥138.2m | −CN¥505.3m | CN¥630.5m | −CN¥590.1m | −CN¥249.0m | −CN¥105.2m | −CN¥2.99bn | CN¥995,178 | CN¥517.0m |
| Net income | CN¥141.4m | −CN¥171.4m | −CN¥675.3m | CN¥60.5m | −CN¥483.1m | −CN¥684.9m | CN¥67.1m | −CN¥1.74bn | −CN¥24.1m | CN¥465.3m |
| Diluted earnings per share | 0.06 | -0.06 | -0.24 | 0.05 | -0.38 | -0.56 | 0.06 | -1.51 | -0.03 | 0.36 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥2.14bn | CN¥1.82bn | CN¥2.17bn | CN¥3.46bn | CN¥2.62bn | CN¥2.95bn | CN¥3.69bn | CN¥4.35bn | CN¥7.18bn | CN¥6.81bn |
| Cash and short-term investments | — | CN¥128.4m | CN¥281.0m | CN¥19.6m | CN¥12.6m | CN¥52.5m | CN¥126.3m | CN¥42.9m | CN¥77.3m | CN¥408.4m |
| Total liabilities | CN¥1.11bn | CN¥971.4m | CN¥1.10bn | CN¥1.71bn | CN¥2.91bn | CN¥2.87bn | CN¥2.92bn | CN¥3.66bn | CN¥4.74bn | CN¥4.36bn |
| Debt | — | CN¥44.3m | CN¥26.3m | CN¥288.4m | CN¥1.03bn | CN¥1.03bn | CN¥1.04bn | CN¥1.15bn | CN¥1.43bn | CN¥1.46bn |
| Shareholders' equity | CN¥999.8m | CN¥838.9m | CN¥1.06bn | CN¥1.74bn | −CN¥311.4m | CN¥56.9m | CN¥741.8m | CN¥674.6m | CN¥2.42bn | CN¥2.44bn |
| Shares outstanding | 2,258m | 2,751m | 2,762m | 1,227m | 1,273m | 1,227m | 1,219m | 1,157m | 933m | 1,299m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥34.6m | −CN¥71.6m | −CN¥343.3m | CN¥16.5m | CN¥27.6m | −CN¥36.6m | CN¥221.5m | −CN¥9.1m | CN¥394.2m | −CN¥103.5m |
| Capital spending | −CN¥53.5m | −CN¥169.5m | −CN¥453.0m | −CN¥7.5m | −CN¥3.7m | −CN¥2.4m | −CN¥11.7m | −CN¥24.6m | −CN¥194.4m | −CN¥424.4m |
| Free cash flow | −CN¥18.9m | −CN¥241.1m | −CN¥796.3m | CN¥9.0m | CN¥23.9m | −CN¥39.1m | CN¥209.8m | −CN¥33.8m | CN¥199.9m | −CN¥527.9m |
| Dividends paid | −CN¥507,889 | −CN¥466,500 | — | — | −CN¥30.3m | −CN¥7.4m | −CN¥41.0m | −CN¥74.5m | −CN¥66.7m | −CN¥41.8m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥182.6m | CN¥120.7m | CN¥117.4m | CN¥126.8m | CN¥121.0m | CN¥98.4m | CN¥75.1m | CN¥91.7m |
| Gross profit | CN¥32.2m | CN¥14.3m | CN¥14.8m | CN¥29.1m | CN¥13.8m | CN¥7.1m | −CN¥6.4m | CN¥7.5m |
| Operating income | CN¥14.1m | −CN¥4.8m | −CN¥11.5m | CN¥2.3m | CN¥68.6m | −CN¥20.9m | −CN¥91.7m | −CN¥22.0m |
| Net income | CN¥1.7m | −CN¥9.7m | −CN¥149.5m | CN¥229.5m | CN¥69.7m | −CN¥8.3m | −CN¥143.9m | −CN¥22.2m |
| Diluted earnings per share | 0.00 | -0.00 | -0.07 | 0.10 | 0.03 | -0.00 | -0.05 | -0.01 |
| Cash from operations | — | — | — | −CN¥41.0m | CN¥39.0m | −CN¥3.0m | — | CN¥5.0m |
| Capital spending | −CN¥32.0m | −CN¥132.0m | −CN¥43.0m | — | −CN¥10.0m | −CN¥20.0m | −CN¥8.0m | −CN¥9.0m |
| Free cash flow | — | — | — | — | CN¥29.0m | −CN¥23.0m | — | −CN¥4.0m |
| Total assets | CN¥2.17bn | CN¥2.22bn | CN¥2.14bn | CN¥1.60bn | CN¥1.66bn | CN¥1.76bn | CN¥1.82bn | CN¥2.00bn |
| Cash and short-term investments | — | — | — | CN¥148.4m | CN¥142.6m | CN¥90.6m | CN¥128.4m | CN¥121.0m |
| Debt | — | — | — | CN¥53.2m | CN¥19.3m | CN¥22.2m | CN¥35.4m | CN¥52.8m |
| Shareholders' equity | CN¥1.11bn | CN¥1.10bn | CN¥999.8m | CN¥1.13bn | CN¥900.3m | CN¥830.6m | CN¥838.9m | CN¥982.8m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -4.3% | -2.2% | -8.7% |
| Operating income | -35.2% | — | -6.7% |
| Net income | 32.7% | — | -7.3% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 12.1% | -13.7% | -9.2% | 15.7% |
| Operating margin | 4.0% | 9.4% | -23.4% | -34.0% |
| Net margin | -3.6% | -38.1% | -62.3% | -32.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 53.7 | -40.8 | -8.7 | 48.5 | -4.4 | -2.2 | 40.0 | -1.1 | -162.5 | 11.3 |
| Price to sales | 16.3 | 19.1 | 17.9 | 5.5 | 3.0 | 2.9 | 3.7 | 1.8 | 3.3 | 3.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 21 Apr 2015.
| FY2015 | FY2014 | FY2013 | FY2011 | FY2003 | FY2001 | FY2000 | FY1995 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.007 | 0.009 | 0.007 | 0.042 | 0.032 | 0.016 | 0.032 | 0.039 |
- 1.587-for-1 split · 20 Feb 2023
- 8-for-5 split · 26 May 2017
- 3-for-2 split · 16 May 2011
- 13-for-10 split · 20 May 2008
- 1-to-1 reverse split · 12 Apr 2006
- 3-for-2 split · 31 Mar 1998
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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