A 
12.20
-0.25%
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¥10.11bn
FY2016FY2025
Net income
CN¥608.8m
FY2016FY2025
Free cash flow
−CN¥2.00bn
FY2016FY2025
Shareholders' equity
CN¥14.17bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥10.11bn | CN¥10.36bn | CN¥11.58bn | CN¥10.57bn | CN¥8.79bn | CN¥6.70bn | CN¥5.98bn | CN¥5.44bn | CN¥5.66bn | CN¥5.37bn |
| Gross profit | CN¥2.83bn | CN¥2.28bn | CN¥3.50bn | CN¥3.01bn | CN¥2.30bn | CN¥1.64bn | CN¥1.44bn | CN¥1.22bn | CN¥1.29bn | CN¥1.32bn |
| Research and development | CN¥633.9m | CN¥677.0m | CN¥762.2m | CN¥434.1m | CN¥346.5m | CN¥294.9m | CN¥203.5m | CN¥200.9m | CN¥162.6m | CN¥172.8m |
| Operating income | CN¥943.4m | CN¥889.6m | CN¥1.69bn | CN¥1.54bn | CN¥1.05bn | CN¥516.9m | CN¥506.7m | CN¥171.1m | CN¥196.0m | CN¥412.3m |
| Net income | CN¥608.8m | CN¥639.7m | CN¥1.34bn | CN¥1.20bn | CN¥890.6m | CN¥343.8m | CN¥275.3m | CN¥333.1m | CN¥164.5m | CN¥242.5m |
| Diluted earnings per share | 0.39 | 0.43 | 0.91 | 0.82 | 0.61 | 0.26 | 0.21 | 0.31 | 0.15 | 0.22 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥31.11bn | CN¥30.32bn | CN¥25.43bn | CN¥21.08bn | CN¥19.68bn | CN¥15.67bn | CN¥14.38bn | CN¥12.07bn | CN¥12.59bn | CN¥13.95bn |
| Cash and short-term investments | CN¥3.57bn | CN¥5.46bn | CN¥5.19bn | CN¥5.73bn | CN¥6.13bn | CN¥3.05bn | CN¥2.67bn | CN¥1.07bn | CN¥1.39bn | CN¥983.7m |
| Total liabilities | CN¥14.94bn | CN¥14.44bn | CN¥13.17bn | CN¥10.29bn | CN¥9.85bn | CN¥8.49bn | CN¥7.86bn | CN¥7.46bn | CN¥8.62bn | CN¥9.91bn |
| Debt | CN¥5.89bn | CN¥3.15bn | CN¥3.32bn | CN¥2.69bn | CN¥2.94bn | CN¥3.21bn | CN¥3.17bn | CN¥3.24bn | CN¥3.94bn | CN¥4.95bn |
| Shareholders' equity | CN¥14.17bn | CN¥13.98bn | CN¥11.49bn | CN¥10.39bn | CN¥9.36bn | CN¥6.71bn | CN¥6.13bn | CN¥4.25bn | CN¥3.74bn | CN¥3.50bn |
| Shares outstanding | 1,553m | 1,471m | 1,470m | 1,466m | 1,464m | 1,307m | 1,307m | 1,089m | 1,089m | 1,089m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −CN¥1.17bn | −CN¥78.7m | CN¥593.6m | CN¥774.4m | CN¥1.52bn | CN¥658.4m | CN¥783.4m | CN¥384.8m | CN¥909.9m | CN¥175.0m |
| Capital spending | −CN¥834.3m | −CN¥1.02bn | −CN¥1.10bn | −CN¥877.8m | −CN¥619.7m | −CN¥453.6m | −CN¥262.1m | −CN¥366.2m | −CN¥533.7m | −CN¥721.6m |
| Free cash flow | −CN¥2.00bn | −CN¥1.09bn | −CN¥511.1m | −CN¥103.4m | CN¥897.9m | CN¥204.8m | CN¥521.3m | CN¥18.6m | CN¥376.2m | −CN¥546.6m |
| Dividends paid | −CN¥221.2m | −CN¥455.6m | −CN¥242.9m | −CN¥178.8m | −CN¥46.5m | −CN¥42.0m | −CN¥33.5m | −CN¥161.5m | −CN¥210.9m | −CN¥257.9m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥2.71bn | CN¥2.46bn | CN¥2.34bn | CN¥2.03bn | CN¥3.44bn | CN¥2.31bn | CN¥2.83bn | CN¥2.05bn |
| Gross profit | CN¥500.4m | CN¥778.2m | CN¥487.0m | CN¥519.1m | CN¥849.1m | CN¥779.6m | −CN¥92.3m | CN¥717.0m |
| Operating income | CN¥105.6m | CN¥457.9m | −CN¥42.8m | CN¥69.0m | CN¥383.3m | CN¥316.9m | −CN¥359.8m | CN¥371.7m |
| Net income | CN¥285.6m | CN¥158.0m | −CN¥6.9m | CN¥123.7m | CN¥294.2m | CN¥197.8m | −CN¥373.1m | CN¥290.1m |
| Diluted earnings per share | 0.18 | 0.10 | -0.00 | 0.08 | 0.19 | 0.13 | -0.25 | 0.20 |
| Cash from operations | — | — | −CN¥254.0m | −CN¥239.0m | −CN¥177.0m | −CN¥495.0m | — | −CN¥6.0m |
| Capital spending | −CN¥187.0m | −CN¥130.0m | −CN¥383.0m | −CN¥137.0m | −CN¥151.0m | −CN¥161.0m | −CN¥396.0m | −CN¥255.0m |
| Free cash flow | — | — | −CN¥637.0m | −CN¥376.0m | −CN¥328.0m | −CN¥656.0m | — | −CN¥261.0m |
| Total assets | CN¥30.85bn | CN¥31.03bn | CN¥31.11bn | CN¥31.76bn | CN¥31.11bn | CN¥30.81bn | CN¥30.32bn | CN¥27.07bn |
| Cash and short-term investments | — | — | CN¥3.57bn | CN¥4.34bn | CN¥4.40bn | CN¥4.62bn | CN¥5.46bn | CN¥4.00bn |
| Debt | CN¥1.26bn | CN¥968.1m | CN¥3.83bn | CN¥3.99bn | CN¥3.31bn | CN¥2.91bn | CN¥3.08bn | CN¥3.67bn |
| Shareholders' equity | CN¥14.72bn | CN¥14.35bn | CN¥14.17bn | CN¥14.23bn | CN¥14.30bn | CN¥14.19bn | CN¥13.98bn | CN¥12.32bn |
Financial ratios
Data as of 22 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 28.0% | 22.0% | 30.2% | 28.4% | 26.1% | 24.4% |
| Operating margin | 9.3% | 8.6% | 14.6% | 14.5% | 11.9% | 7.7% |
| Net margin | 6.0% | 6.2% | 11.6% | 11.4% | 10.1% | 5.1% |
| Return on equity | 4.3% | 4.6% | 11.6% | 11.5% | 9.5% | 5.1% |
| Return on assets | 2.0% | 2.1% | 5.3% | 5.7% | 4.5% | 2.2% |
| Free cash flow yield | -1.6% | 4.7% | 8.6% | 8.4% | 10.8% | 6.3% |
| Revenue growth | -2.3% | -10.5% | 9.5% | 20.2% | 31.2% | 11.9% |
| Earnings growth | -4.8% | -52.2% | 11.5% | 34.8% | 159.1% | 24.9% |
| Current ratio | 1.68x | 1.82x | 1.68x | 1.68x | 2.10x | 1.90x |
| Debt to equity | 0.27x | 0.22x | 0.28x | 0.06x | 0.28x | 0.49x |
| Equity ratio | 45.6% | 46.1% | 45.2% | 49.3% | 47.5% | 42.8% |
| Interest coverage | 9.68x | 8.47x | 18.41x | 16.35x | 8.62x | 3.74x |
| R&D as a share of sales | 6.3% | 6.5% | 6.6% | 4.1% | 3.9% | 4.4% |
| Buybacks as a share of market value | -5.6% | -0.1% | -0.2% | -0.2% | -12.0% | 0.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -1.5% | 8.6% | 5.6% |
| Operating income | -15.0% | 12.8% | — |
| Net income | -20.2% | 12.1% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 24.9% | 27.2% | 26.7% | 25.6% |
| Operating margin | 9.0% | 11.9% | 11.4% | 8.8% |
| Net margin | 6.1% | 8.9% | 8.6% | 6.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 48.9 | 47.1 | 21.0 | 38.0 | 59.3 | 67.9 | 34.7 | 17.4 | 56.8 | 46.0 |
| Price to sales | 2.9 | 2.9 | 2.4 | 4.3 | 6.0 | 3.5 | 1.6 | 1.1 | 1.6 | 2.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 19 years. Last went ex-dividend on 22 May 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.008 | 0.122 | 0.269 | 0.165 | 0.17 | 0.035 | 0.032 | 0.031 |
- 7-for-5 split · 19 May 2022
- 3-for-2 split · 13 May 2010
- 2-for-1 split · 19 Sept 2008
- 1-to-1 reverse split · 20 Jun 2006
- 2-for-1 split · 21 May 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.