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8.84
-1.67%
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¥24.55bn
FY2016FY2025
Net income
CN¥468.3m
FY2016FY2025
Free cash flow
CN¥1.33bn
FY2016FY2025
Shareholders' equity
CN¥3.48bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥24.55bn | CN¥22.97bn | CN¥19.40bn | CN¥18.24bn | CN¥15.42bn | CN¥13.96bn | CN¥17.89bn | CN¥18.29bn | CN¥17.74bn | CN¥21.83bn |
| Gross profit | CN¥3.12bn | CN¥2.22bn | CN¥1.75bn | CN¥1.58bn | CN¥1.20bn | CN¥1.58bn | CN¥2.38bn | CN¥2.45bn | CN¥3.07bn | CN¥1.71bn |
| Research and development | CN¥916.4m | CN¥823.3m | CN¥748.9m | CN¥677.4m | CN¥643.1m | CN¥627.7m | CN¥692.9m | CN¥663.4m | CN¥624.9m | CN¥597.9m |
| Operating income | CN¥724.5m | CN¥276.9m | −CN¥327.7m | −CN¥525.6m | −CN¥793.7m | CN¥97.8m | CN¥64.5m | CN¥107.9m | CN¥893.2m | −CN¥1.72bn |
| Net income | CN¥468.3m | CN¥157.7m | CN¥75.1m | −CN¥386.9m | −CN¥595.2m | CN¥31.9m | CN¥181.4m | CN¥158.9m | CN¥478.9m | −CN¥718.6m |
| Diluted earnings per share | 0.65 | 0.22 | 0.08 | -0.54 | -0.81 | 0.05 | 0.21 | 0.22 | 0.78 | -1.19 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥28.55bn | CN¥27.33bn | CN¥26.36bn | CN¥27.76bn | CN¥26.08bn | CN¥23.72bn | CN¥25.97bn | CN¥25.82bn | CN¥25.10bn | CN¥25.19bn |
| Cash and short-term investments | — | CN¥8.28bn | CN¥8.28bn | CN¥7.20bn | CN¥9.10bn | CN¥6.24bn | CN¥7.21bn | CN¥6.39bn | CN¥5.36bn | CN¥5.20bn |
| Total liabilities | CN¥24.21bn | CN¥23.03bn | CN¥22.27bn | CN¥23.28bn | CN¥21.01bn | CN¥17.40bn | CN¥20.31bn | CN¥20.86bn | CN¥19.80bn | CN¥20.74bn |
| Debt | CN¥2.74bn | CN¥4.59bn | CN¥4.14bn | CN¥5.30bn | CN¥5.32bn | CN¥3.57bn | CN¥4.10bn | CN¥4.93bn | CN¥3.11bn | CN¥2.21bn |
| Shareholders' equity | CN¥3.48bn | CN¥3.25bn | CN¥3.13bn | CN¥3.57bn | CN¥4.05bn | CN¥5.11bn | CN¥4.43bn | CN¥3.78bn | CN¥4.03bn | CN¥3.57bn |
| Shares outstanding | 717m | 717m | 952m | 717m | 732m | 622m | 852m | 734m | 617m | 604m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥1.66bn | CN¥1.25bn | CN¥2.37bn | −CN¥182.8m | CN¥1.89bn | CN¥170.5m | CN¥1.56bn | CN¥302.9m | −CN¥690.6m | −CN¥1.72bn |
| Capital spending | −CN¥331.7m | −CN¥286.8m | −CN¥223.1m | −CN¥359.4m | −CN¥233.0m | −CN¥801.5m | −CN¥730.0m | −CN¥792.1m | −CN¥314.5m | −CN¥353.3m |
| Free cash flow | CN¥1.33bn | CN¥963.9m | CN¥2.15bn | −CN¥542.2m | CN¥1.65bn | −CN¥631.1m | CN¥827.8m | −CN¥489.3m | −CN¥1.01bn | −CN¥2.07bn |
| Dividends paid | −CN¥224.0m | −CN¥204.0m | −CN¥204.4m | −CN¥208.4m | −CN¥3.6m | −CN¥17.9m | −CN¥16.4m | −CN¥372.0m | −CN¥171.2m | −CN¥196.3m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥5.32bn | CN¥5.76bn | CN¥8.22bn | CN¥6.00bn | CN¥5.40bn | CN¥4.92bn | CN¥8.57bn | CN¥4.64bn |
| Gross profit | CN¥774.6m | CN¥678.1m | CN¥1.11bn | CN¥816.8m | CN¥625.5m | CN¥555.3m | CN¥685.2m | CN¥447.7m |
| Operating income | CN¥271.1m | CN¥212.4m | CN¥333.4m | CN¥140.4m | CN¥64.9m | CN¥60.1m | CN¥143.2m | CN¥14.9m |
| Net income | CN¥126.2m | CN¥150.0m | CN¥221.0m | CN¥131.1m | CN¥69.5m | CN¥46.8m | CN¥81.4m | CN¥10.0m |
| Diluted earnings per share | 0.18 | 0.21 | 0.31 | 0.18 | 0.10 | 0.07 | 0.11 | 0.01 |
| Cash from operations | — | — | — | −CN¥523.0m | CN¥1.12bn | CN¥402.0m | — | CN¥1.85bn |
| Capital spending | −CN¥44.0m | −CN¥57.0m | −CN¥115.0m | −CN¥31.0m | −CN¥54.0m | −CN¥130.0m | −CN¥145.0m | −CN¥23.0m |
| Free cash flow | — | — | — | −CN¥554.0m | CN¥1.06bn | CN¥272.0m | — | CN¥1.83bn |
| Total assets | CN¥27.95bn | CN¥28.40bn | CN¥28.55bn | CN¥27.64bn | CN¥27.97bn | CN¥27.85bn | CN¥27.33bn | CN¥27.81bn |
| Cash and short-term investments | — | — | — | CN¥7.65bn | CN¥8.39bn | CN¥7.48bn | CN¥8.28bn | CN¥8.32bn |
| Debt | CN¥2.07bn | CN¥2.78bn | CN¥2.74bn | CN¥9.25bn | CN¥4.05bn | CN¥4.28bn | CN¥4.52bn | CN¥4.86bn |
| Shareholders' equity | CN¥3.62bn | CN¥3.63bn | CN¥3.48bn | CN¥3.27bn | CN¥3.16bn | CN¥3.14bn | CN¥3.25bn | CN¥3.18bn |
Financial ratios
Data as of 3 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 12.7% | 9.7% | 9.0% | 8.6% | 7.8% | 11.3% |
| Operating margin | 3.0% | 1.2% | -1.7% | -2.9% | -5.1% | 0.7% |
| Net margin | 1.9% | 0.7% | 0.4% | -2.1% | -3.9% | 0.2% |
| Return on equity | 13.5% | 4.9% | 2.4% | -10.8% | -14.7% | 0.6% |
| Return on assets | 1.6% | 0.6% | 0.3% | -1.4% | -2.3% | 0.1% |
| Free cash flow yield | 24.7% | 19.0% | 24.2% | 2.2% | 25.7% | 13.9% |
| Revenue growth | 6.9% | 18.4% | 6.4% | 18.3% | 10.5% | -22.0% |
| Earnings growth | 196.9% | 110.1% | -119.4% | -35.0% | -1965.9% | -82.4% |
| Current ratio | 1.02x | 1.10x | 1.00x | 1.08x | 1.32x | 1.27x |
| Debt to equity | 0.79x | 1.39x | 1.29x | 0.56x | 0.54x | 0.28x |
| Equity ratio | 12.2% | 11.9% | 11.9% | 12.9% | 15.5% | 21.5% |
| Interest coverage | 4.94x | 1.41x | -1.59x | -3.25x | -9.00x | 0.87x |
| R&D as a share of sales | 3.7% | 3.6% | 3.9% | 3.7% | 4.2% | 4.5% |
| Buybacks as a share of market value | 0.0% | 24.7% | -32.7% | 2.0% | -17.7% | 27.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 10.4% | 12.0% | -0.9% |
| Operating income | — | 49.3% | -4.6% |
| Net income | — | 71.1% | -1.3% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 11.2% | 10.2% | 10.0% | 11.7% |
| Operating margin | 2.1% | 0.2% | -0.5% | -0.0% |
| Net margin | 1.3% | 0.4% | -0.2% | 0.2% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 27.2 | 63.9 | 95.9 | -11.0 | -7.7 | 167.7 | 33.0 | 31.7 | 16.8 | -11.9 |
| Price to sales | 0.5 | 0.4 | 0.4 | 0.2 | 0.3 | 0.4 | 0.3 | 0.3 | 0.5 | 0.4 |
Dividends and splits
Per share, in the currency the company pays
Paid for 2 years. Last went ex-dividend on 15 Jul 2026.
| FY2026 | FY2025 | FY2024 | FY2021 | FY2020 | FY2019 | FY2018 | FY2016 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.20 | 0.11 | 0.035 | 0.005 | 0.025 | 0.027 | 0.10 | 0.16 |
- 3-for-2 split · 10 Jun 2008
- 13-for-10 split · 23 May 2007
- 1-to-1 reverse split · 30 Mar 2006
- 3-for-2 split · 17 May 1999
- 6-for-5 split · 20 Aug 1996
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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