A 
48.06
-1.78%
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¥44.66bn
FY2016FY2025
Net income
CN¥3.52bn
FY2016FY2025
Free cash flow
−CN¥6.17bn
FY2016FY2025
Shareholders' equity
CN¥23.55bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥44.66bn | CN¥42.84bn | CN¥46.25bn | CN¥41.60bn | CN¥34.69bn | CN¥27.32bn | CN¥23.76bn | CN¥20.15bn | CN¥19.46bn | CN¥17.88bn |
| Gross profit | CN¥6.12bn | CN¥5.31bn | CN¥4.98bn | CN¥3.87bn | CN¥3.43bn | CN¥2.48bn | CN¥2.04bn | CN¥1.86bn | CN¥1.86bn | CN¥1.45bn |
| Research and development | CN¥1.10bn | CN¥727.2m | CN¥975.6m | CN¥740.0m | CN¥684.5m | CN¥287.6m | CN¥218.4m | CN¥171.6m | CN¥162.3m | CN¥129.0m |
| Operating income | CN¥4.03bn | CN¥3.92bn | CN¥3.40bn | CN¥2.60bn | CN¥1.89bn | CN¥1.74bn | CN¥1.02bn | CN¥865.1m | CN¥819.0m | CN¥516.3m |
| Net income | CN¥3.52bn | CN¥3.39bn | CN¥3.01bn | CN¥2.30bn | CN¥1.71bn | CN¥1.48bn | CN¥877.8m | CN¥743.2m | CN¥706.8m | CN¥562.8m |
| Diluted earnings per share | 1.24 | 1.22 | 1.08 | 0.86 | 0.60 | 0.56 | 0.33 | 0.28 | 0.26 | 0.83 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥77.49bn | CN¥61.59bn | CN¥55.47bn | CN¥58.79bn | CN¥62.78bn | CN¥32.85bn | CN¥29.22bn | CN¥28.44bn | CN¥26.39bn | CN¥1.70bn |
| Cash and short-term investments | — | CN¥9.89bn | CN¥15.57bn | CN¥22.50bn | CN¥21.62bn | CN¥12.63bn | CN¥7.57bn | CN¥9.32bn | CN¥9.25bn | CN¥300.1m |
| Total liabilities | CN¥51.82bn | CN¥42.54bn | CN¥39.21bn | CN¥44.98bn | CN¥50.48bn | CN¥22.02bn | CN¥19.90bn | CN¥20.24bn | CN¥19.08bn | CN¥1.13bn |
| Debt | — | CN¥7.29bn | CN¥6.75bn | CN¥4.67bn | CN¥2.57bn | CN¥4.41bn | CN¥1.72bn | CN¥1.28bn | CN¥1.17bn | CN¥6.04bn |
| Shareholders' equity | CN¥23.55bn | CN¥17.08bn | CN¥15.10bn | CN¥12.84bn | CN¥11.41bn | CN¥10.15bn | CN¥8.69bn | CN¥7.86bn | CN¥7.13bn | CN¥439.2m |
| Shares outstanding | 2,831m | 2,775m | 2,788m | 2,688m | 2,857m | 2,640m | 2,636m | 2,634m | 2,720m | 676m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −CN¥2.29bn | −CN¥3.74bn | −CN¥4.39bn | CN¥2.68bn | CN¥10.09bn | CN¥6.32bn | −CN¥1.15bn | CN¥235.2m | CN¥3.27bn | CN¥132.6m |
| Capital spending | −CN¥3.88bn | −CN¥3.05bn | −CN¥2.56bn | −CN¥1.06bn | −CN¥942.9m | −CN¥742.1m | −CN¥561.2m | −CN¥612.2m | −CN¥680.7m | −CN¥36.0m |
| Free cash flow | −CN¥6.17bn | −CN¥6.80bn | −CN¥6.95bn | CN¥1.62bn | CN¥9.15bn | CN¥5.58bn | −CN¥1.71bn | −CN¥377.1m | CN¥2.59bn | CN¥96.5m |
| Dividends paid | −CN¥1.10bn | −CN¥1.10bn | −CN¥789.4m | −CN¥690.8m | −CN¥453.7m | −CN¥210.1m | −CN¥23.5m | −CN¥19.7m | −CN¥70.7m | −CN¥39.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥3.58bn | CN¥2.61bn | CN¥24.05bn | CN¥5.95bn | CN¥8.79bn | CN¥5.83bn | CN¥17.54bn | CN¥3.67bn |
| Gross profit | CN¥379.6m | CN¥276.3m | CN¥3.68bn | CN¥615.0m | CN¥1.04bn | CN¥737.7m | CN¥2.15bn | CN¥450.7m |
| Operating income | CN¥187.0m | CN¥110.2m | CN¥2.35bn | CN¥234.8m | CN¥817.6m | CN¥519.6m | CN¥1.85bn | CN¥235.0m |
| Net income | CN¥308.1m | CN¥165.0m | CN¥2.16bn | CN¥225.1m | CN¥705.8m | CN¥430.6m | CN¥1.58bn | CN¥199.4m |
| Diluted earnings per share | 0.11 | 0.06 | 0.76 | 0.08 | 0.25 | 0.15 | 0.57 | 0.07 |
| Cash from operations | — | — | — | −CN¥5.26bn | CN¥2.63bn | CN¥453.0m | — | — |
| Capital spending | −CN¥378.0m | −CN¥499.0m | −CN¥2.28bn | −CN¥588.0m | −CN¥720.0m | −CN¥290.0m | −CN¥1.63bn | −CN¥871.0m |
| Free cash flow | — | — | — | −CN¥5.84bn | CN¥1.91bn | CN¥163.0m | — | — |
| Total assets | CN¥69.15bn | CN¥73.17bn | CN¥77.49bn | CN¥63.79bn | CN¥64.18bn | CN¥56.99bn | CN¥61.59bn | CN¥53.19bn |
| Cash and short-term investments | — | — | — | CN¥9.71bn | CN¥15.35bn | CN¥9.66bn | CN¥9.89bn | CN¥8.94bn |
| Debt | — | — | — | CN¥83.3m | CN¥260.9m | — | — | — |
| Shareholders' equity | CN¥23.41bn | CN¥23.78bn | CN¥23.55bn | CN¥21.82bn | CN¥17.61bn | CN¥17.52bn | CN¥17.08bn | CN¥15.96bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 2.4% | 10.3% | 38.7% |
| Operating income | 15.8% | 18.3% | — |
| Net income | 15.1% | 18.9% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 13.1% | 11.6% | 11.0% | 10.4% |
| Operating margin | 9.1% | 8.0% | 7.4% | 6.4% |
| Net margin | 7.9% | 7.0% | 6.5% | 5.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 45.2 | 41.5 | 39.1 | 48.9 | 81.0 | 71.1 | 48.4 | 50.1 | 68.5 | 11.8 |
| Price to sales | 3.6 | 3.3 | 2.5 | 2.7 | 4.0 | 3.9 | 1.8 | 1.9 | 2.5 | 0.4 |
Dividends and splits
Per share, in the currency the company pays
Paid for 6 years. Last went ex-dividend on 11 Feb 2026.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2001 | |
|---|---|---|---|---|---|---|---|
| Paid in the year | 0.40 | 0.54 | 0.40 | 0.25 | 0.165 | 0.077 | 0.02 |
- 7-for-5 split · 27 Jun 2023
- 7-for-5 split · 24 Jun 2021
- 1-to-1 reverse split · 2 Mar 2006
- 1.696-for-1 split · 16 Jun 1998
- 2-for-1 split · 3 Jun 1997
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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