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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¥337.12bn
FY2016FY2025
Net income
CN¥509.1m
FY2016FY2025
Free cash flow
−CN¥179.2m
FY2016FY2025
Shareholders' equity
CN¥33.12bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥337.12bn | CN¥354.44bn | CN¥468.25bn | CN¥521.94bn | CN¥464.76bn | CN¥351.09bn | CN¥218.05bn | CN¥206.60bn | CN¥165.48bn | CN¥98.08bn |
| Gross profit | CN¥5.13bn | CN¥3.65bn | CN¥5.09bn | CN¥8.31bn | CN¥7.61bn | CN¥6.36bn | CN¥6.37bn | CN¥6.89bn | CN¥6.80bn | CN¥5.20bn |
| Research and development | CN¥87.1m | CN¥89.6m | CN¥51.5m | CN¥4.9m | — | — | — | — | — | — |
| Operating income | CN¥2.48bn | CN¥473.6m | CN¥2.04bn | CN¥5.60bn | CN¥5.03bn | CN¥3.73bn | CN¥3.18bn | CN¥3.38bn | CN¥3.59bn | CN¥1.80bn |
| Net income | CN¥509.1m | CN¥625.7m | CN¥1.91bn | CN¥3.59bn | CN¥3.44bn | CN¥2.61bn | CN¥2.31bn | CN¥2.19bn | CN¥2.03bn | CN¥1.04bn |
| Diluted earnings per share | 0.21 | 0.29 | 0.53 | 1.57 | 1.39 | 1.19 | 0.77 | 0.68 | 0.88 | 0.49 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥105.35bn | CN¥99.70bn | CN¥113.13bn | CN¥112.90bn | CN¥97.75bn | CN¥113.42bn | CN¥89.47bn | CN¥75.97bn | CN¥71.38bn | CN¥54.77bn |
| Cash and short-term investments | — | CN¥11.89bn | CN¥15.97bn | CN¥20.91bn | CN¥15.07bn | CN¥16.09bn | CN¥9.55bn | CN¥7.36bn | CN¥6.51bn | CN¥5.22bn |
| Total liabilities | CN¥68.72bn | CN¥61.46bn | CN¥74.50bn | CN¥74.83bn | CN¥62.20bn | CN¥78.55bn | CN¥61.98bn | CN¥50.00bn | CN¥45.38bn | CN¥36.86bn |
| Debt | CN¥2.57bn | CN¥12.46bn | CN¥20.00bn | CN¥17.63bn | CN¥10.47bn | CN¥26.57bn | CN¥19.27bn | CN¥14.02bn | CN¥11.33bn | CN¥6.82bn |
| Shareholders' equity | CN¥33.12bn | CN¥33.03bn | CN¥32.64bn | CN¥30.22bn | CN¥29.09bn | CN¥26.19bn | CN¥24.77bn | CN¥23.51bn | CN¥23.02bn | CN¥15.37bn |
| Shares outstanding | 2,431m | 2,132m | 3,614m | 2,292m | 2,468m | 2,194m | 3,005m | 3,225m | 2,315m | 2,119m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥240.9m | −CN¥931.5m | CN¥3.21bn | CN¥352.0m | CN¥7.88bn | −CN¥1.68bn | −CN¥3.58bn | CN¥4.31bn | −CN¥8.42bn | CN¥2.29bn |
| Capital spending | −CN¥420.1m | −CN¥1.51bn | −CN¥2.30bn | −CN¥1.24bn | −CN¥515.9m | −CN¥691.7m | −CN¥313.5m | −CN¥699.3m | −CN¥478.9m | −CN¥341.3m |
| Free cash flow | −CN¥179.2m | −CN¥2.44bn | CN¥902.8m | −CN¥888.6m | CN¥7.36bn | −CN¥2.38bn | −CN¥3.89bn | CN¥3.61bn | −CN¥8.90bn | CN¥1.95bn |
| Dividends paid | −CN¥1.90bn | −CN¥2.67bn | −CN¥1.39bn | −CN¥1.10bn | −CN¥895.7m | −CN¥425.5m | −CN¥490.4m | −CN¥2.47bn | −CN¥1.30bn | −CN¥930.6m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥109.30bn | CN¥86.90bn | CN¥96.76bn | CN¥88.69bn | CN¥81.12bn | CN¥70.53bn | CN¥68.11bn | CN¥91.12bn |
| Gross profit | CN¥1.34bn | CN¥3.32bn | CN¥1.61bn | CN¥1.98bn | CN¥131.4m | CN¥1.41bn | −CN¥446.5m | CN¥1.40bn |
| Operating income | CN¥539.8m | CN¥2.80bn | CN¥777.4m | CN¥21.7m | CN¥7.0m | CN¥566.1m | −CN¥278.3m | −CN¥306.8m |
| Net income | CN¥171.8m | CN¥254.5m | −CN¥68.1m | CN¥54.1m | CN¥101.4m | CN¥421.7m | −CN¥86.4m | −CN¥126.6m |
| Diluted earnings per share | 0.07 | 0.10 | -0.03 | 0.02 | 0.04 | 0.17 | -0.04 | -0.06 |
| Cash from operations | — | — | — | CN¥1.89bn | CN¥2.89bn | −CN¥2.99bn | −CN¥2.57bn | CN¥12.22bn |
| Capital spending | −CN¥28.0m | −CN¥41.0m | −CN¥167.0m | −CN¥70.0m | −CN¥70.0m | −CN¥111.0m | −CN¥296.0m | −CN¥153.0m |
| Free cash flow | — | — | — | CN¥1.81bn | CN¥2.82bn | −CN¥3.10bn | −CN¥2.87bn | CN¥12.07bn |
| Total assets | CN¥152.12bn | CN¥172.29bn | CN¥105.35bn | CN¥126.39bn | CN¥114.71bn | CN¥120.05bn | CN¥99.70bn | CN¥121.61bn |
| Cash and short-term investments | — | — | — | CN¥19.58bn | CN¥15.33bn | CN¥14.49bn | CN¥11.89bn | CN¥19.99bn |
| Debt | CN¥2.72bn | CN¥1.51bn | CN¥2.57bn | CN¥51.87bn | CN¥22.10bn | CN¥53.07bn | CN¥11.41bn | CN¥18.43bn |
| Shareholders' equity | CN¥35.22bn | CN¥34.49bn | CN¥33.12bn | CN¥19.66bn | CN¥32.75bn | CN¥34.98bn | CN¥33.03bn | CN¥34.70bn |
Financial ratios
Data as of 1 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 1.5% | 1.0% | 1.1% | 1.6% | 1.6% | 1.8% |
| Operating margin | 0.4% | 0.1% | 0.7% | 1.3% | 1.3% | 1.1% |
| Net margin | 0.2% | 0.2% | 0.4% | 0.7% | 0.7% | 0.7% |
| Return on equity | 1.5% | 1.9% | 5.9% | 11.9% | 11.8% | 10.0% |
| Return on assets | 0.5% | 0.6% | 1.7% | 3.2% | 3.5% | 2.3% |
| Free cash flow yield | 4.8% | 4.8% | 26.8% | 12.2% | 59.9% | -8.0% |
| Revenue growth | -4.9% | -24.3% | -10.3% | 12.3% | 32.4% | 61.0% |
| Earnings growth | -18.6% | -67.3% | -46.7% | 4.6% | 31.6% | 13.1% |
| Current ratio | 1.26x | 1.33x | 1.27x | 1.28x | 1.36x | 1.48x |
| Debt to equity | 0.08x | 0.35x | 0.64x | 0.65x | 0.36x | 0.98x |
| Equity ratio | 31.4% | 33.1% | 28.8% | 26.8% | 29.8% | 23.1% |
| Interest coverage | 1.49x | 0.33x | 2.15x | 4.78x | 4.65x | 2.99x |
| R&D as a share of sales | 0.0% | 0.0% | 0.0% | 0.0% | — | — |
| Buybacks as a share of market value | -14.0% | 41.0% | -57.7% | 7.1% | -12.5% | 27.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -13.6% | -0.8% | 18.0% |
| Operating income | -23.7% | -7.8% | 6.8% |
| Net income | -47.9% | -27.9% | -2.3% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 1.3% | 1.3% | 1.4% | 2.0% |
| Operating margin | 0.4% | 0.6% | 0.8% | 1.0% |
| Net margin | 0.2% | 0.4% | 0.5% | 0.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 34.3 | 22.6 | 13.2 | 4.5 | 5.2 | 5.6 | 9.6 | 10.3 | 11.5 | 16.6 |
| Price to sales | 0.1 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 23 years. Last went ex-dividend on 18 Jun 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.22 | 0.33 | 0.50 | 0.65 | 0.50 | 0.46 | 0.23 | 0.27 |
- 13-for-10 split · 1 Jul 2011
- 8-for-5 split · 13 Jul 2010
- 1.289-for-1 split · 10 Jul 2006
- 9-for-5 split · 17 May 2004
- 8-for-5 split · 23 Oct 1997
- 7-for-5 split · 6 May 1997
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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