J 
3.23
-0.31%
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¥523.4m
FY2016FY2025
Net income
−CN¥387.3m
FY2016FY2025
Free cash flow
CN¥207.2m
FY2016FY2025
Shareholders' equity
CN¥4.55bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥523.4m | CN¥845.4m | CN¥646.6m | CN¥607.6m | CN¥441.0m | CN¥894.1m | CN¥1.30bn | CN¥1.05bn | CN¥1.34bn | CN¥1.82bn |
| Gross profit | CN¥46.7m | CN¥114.6m | CN¥159.8m | −CN¥240.1m | CN¥125.2m | CN¥209.8m | CN¥236.1m | CN¥197.7m | CN¥151.8m | CN¥515.4m |
| Research and development | — | — | — | — | — | — | — | CN¥1 | CN¥0 | CN¥0 |
| Operating income | −CN¥46.7m | −CN¥153.6m | CN¥33.7m | −CN¥367.5m | CN¥54.2m | CN¥121.0m | CN¥191.4m | CN¥1.11bn | −CN¥1.38bn | CN¥125.5m |
| Net income | −CN¥387.3m | −CN¥178.8m | CN¥7.7m | −CN¥391.4m | CN¥35.3m | CN¥57.5m | CN¥84.9m | CN¥564.2m | −CN¥154.0m | CN¥52.4m |
| Diluted earnings per share | -0.41 | -0.19 | 0.01 | -0.42 | 0.04 | 0.06 | 0.09 | 0.60 | -0.16 | 0.06 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥6.65bn | CN¥7.42bn | CN¥7.90bn | CN¥8.14bn | CN¥7.87bn | CN¥8.73bn | CN¥8.70bn | CN¥10.15bn | CN¥8.25bn | CN¥9.80bn |
| Cash and short-term investments | — | CN¥628.8m | CN¥1.06bn | CN¥1.15bn | CN¥2.08bn | CN¥2.84bn | CN¥1.75bn | CN¥2.81bn | CN¥2.00bn | CN¥2.60bn |
| Total liabilities | CN¥2.09bn | CN¥2.39bn | CN¥2.77bn | CN¥3.02bn | CN¥2.10bn | CN¥2.65bn | CN¥2.62bn | CN¥5.04bn | CN¥4.88bn | CN¥6.19bn |
| Debt | CN¥88.0m | CN¥1.71bn | CN¥2.22bn | CN¥812.0m | CN¥611.4m | CN¥167.3m | CN¥632.4m | CN¥2.74bn | CN¥2.73bn | CN¥3.09bn |
| Shareholders' equity | CN¥4.55bn | CN¥5.04bn | CN¥5.13bn | CN¥5.12bn | CN¥5.77bn | CN¥5.73bn | CN¥5.74bn | CN¥4.77bn | CN¥3.26bn | CN¥3.51bn |
| Shares outstanding | 936m | 936m | 936m | 936m | 936m | 936m | 932m | 936m | 936m | 934m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥209.0m | CN¥144.6m | CN¥57.0m | −CN¥2.54bn | −CN¥127.2m | CN¥916.0m | −CN¥246.6m | CN¥42.5m | CN¥209.1m | CN¥712.8m |
| Capital spending | −CN¥1.7m | −CN¥193,604 | −CN¥990,202 | −CN¥293,092 | −CN¥1.1m | −CN¥149,977 | −CN¥192,304 | −CN¥2.2m | −CN¥656,236 | −CN¥66,780 |
| Free cash flow | CN¥207.2m | CN¥144.4m | CN¥56.0m | −CN¥2.54bn | −CN¥128.3m | CN¥915.8m | −CN¥246.8m | CN¥40.3m | CN¥208.4m | CN¥712.8m |
| Dividends paid | −CN¥46.9m | −CN¥63.8m | −CN¥80.3m | −CN¥44.5m | −CN¥73.9m | −CN¥93.6m | −CN¥93.6m | −CN¥135.8m | −CN¥271.9m | −CN¥164.8m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥187.6m | CN¥115.7m | CN¥100.9m | CN¥128.6m | CN¥128.4m | CN¥162.7m | CN¥709.3m | CN¥39.3m |
| Gross profit | CN¥11.4m | CN¥3.7m | −CN¥16.5m | CN¥11.4m | CN¥23.7m | CN¥25.3m | CN¥79.5m | CN¥9.7m |
| Operating income | −CN¥5.7m | −CN¥7.2m | −CN¥65.7m | CN¥363,515 | CN¥19.2m | CN¥4.6m | −CN¥124.2m | −CN¥10.2m |
| Net income | −CN¥269.2m | −CN¥28.1m | −CN¥396.2m | −CN¥2.1m | CN¥9.6m | CN¥1.4m | −CN¥150.2m | −CN¥16.1m |
| Diluted earnings per share | -0.29 | -0.03 | -0.42 | -0.00 | 0.01 | 0.00 | -0.16 | -0.02 |
| Cash from operations | — | — | — | CN¥65.0m | CN¥46.0m | CN¥16.0m | CN¥110.0m | −CN¥42.0m |
| Capital spending | — | −CN¥2.0m | −CN¥1.0m | — | — | — | — | — |
| Total assets | CN¥5.90bn | CN¥6.31bn | CN¥6.65bn | CN¥7.15bn | CN¥7.28bn | CN¥7.21bn | CN¥7.42bn | CN¥8.15bn |
| Cash and short-term investments | — | — | — | CN¥581.1m | CN¥661.2m | CN¥623.7m | CN¥628.8m | CN¥548.0m |
| Debt | — | CN¥88.0m | CN¥88.0m | CN¥191.4m | CN¥476.9m | CN¥485.6m | CN¥462.7m | CN¥471.5m |
| Shareholders' equity | CN¥4.08bn | CN¥4.45bn | CN¥4.55bn | CN¥5.03bn | CN¥4.97bn | CN¥4.98bn | CN¥5.04bn | CN¥5.32bn |
Financial ratios
Data as of 19 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 8.9% | 13.6% | 24.7% | -39.5% | 28.4% | 23.5% | — | — | — |
| Operating margin | -65.7% | -15.4% | 5.5% | -50.9% | 7.1% | 3.8% | — | — | — |
| Net margin | -74.0% | -21.1% | 1.2% | -64.4% | 8.0% | 6.4% | — | — | — |
| Return on equity | -8.5% | -3.5% | 0.1% | -7.6% | 0.6% | 1.0% | — | — | — |
| Return on assets | -5.8% | -2.4% | 0.1% | -4.8% | 0.4% | 0.7% | — | — | — |
| Free cash flow yield | 6.6% | 4.6% | 1.8% | -80.0% | -4.0% | 28.9% | — | — | — |
| Revenue growth | -38.1% | 30.7% | 6.4% | 37.8% | -50.7% | -31.3% | — | — | — |
| Earnings growth | 116.6% | -2430.5% | -102.0% | -1208.8% | -38.6% | -32.2% | — | — | — |
| Current ratio | 2.54x | 2.99x | 2.68x | 2.82x | 4.12x | 3.06x | — | — | — |
| Debt to equity | 0.02x | 0.31x | 0.40x | 0.12x | 0.07x | 0.14x | — | — | — |
| Equity ratio | 68.5% | 67.9% | 65.0% | 62.9% | 73.3% | 65.7% | — | — | — |
| Interest coverage | -8.06x | -3.10x | 0.68x | -10.24x | 1.62x | 0.98x | — | — | — |
| R&D as a share of sales | — | — | — | — | — | — | 0.0% | 0.0% | 0.0% |
| Buybacks as a share of market value | 0.0% | 0.0% | 0.0% | 0.0% | -0.1% | -0.4% | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -4.8% | -10.2% | -6.9% |
| Operating income | -49.7% | — | 1.2% |
| Net income | -0.3% | — | 17.9% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 11.8% | 3.1% | 10.5% | 18.6% |
| Operating margin | -14.6% | -20.4% | -9.1% | -3.4% |
| Net margin | -41.4% | -36.2% | -21.7% | -3.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -9.3 | -19.8 | 449.0 | -9.3 | 108.0 | 66.9 | 45.8 | 5.3 | -33.6 | 136.5 |
| Price to sales | 6.9 | 4.2 | 5.3 | 6.0 | 8.6 | 4.3 | 3.0 | 2.9 | 3.9 | 3.9 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 13 Aug 2021.
| FY2021 | FY2020 | FY2019 | FY2017 | FY2015 | FY2014 | FY2005 | FY2004 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.03 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.02 | 0.03 |
- 1-to-1 reverse split · 21 Jul 2006
- 8-for-5 split · 3 Dec 2004
- 9-for-5 split · 17 Jan 1997
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.