N 
9.13
+1.67%
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¥2.48bn
FY2016FY2025
Net income
CN¥10.7m
FY2016FY2025
Free cash flow
CN¥54.5m
FY2016FY2025
Shareholders' equity
CN¥3.12bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥2.48bn | CN¥2.65bn | CN¥2.91bn | CN¥4.15bn | CN¥4.53bn | CN¥3.95bn | CN¥4.66bn | CN¥4.50bn | CN¥4.19bn | CN¥3.70bn |
| Gross profit | CN¥331.0m | CN¥383.3m | CN¥500.7m | CN¥582.5m | CN¥551.5m | CN¥575.4m | CN¥673.6m | CN¥720.7m | CN¥591.3m | CN¥520.5m |
| Research and development | CN¥215.7m | CN¥262.2m | CN¥211.2m | CN¥211.0m | CN¥213.0m | CN¥205.8m | CN¥239.2m | CN¥221.7m | CN¥205.1m | CN¥187.7m |
| Operating income | −CN¥297.9m | −CN¥124.2m | −CN¥178.3m | CN¥99.3m | CN¥101.0m | CN¥140.0m | CN¥143.4m | CN¥217.1m | CN¥175.8m | CN¥137.1m |
| Net income | CN¥10.7m | −CN¥188.9m | −CN¥237.9m | CN¥39.9m | CN¥41.9m | CN¥77.3m | CN¥52.7m | CN¥162.0m | CN¥107.4m | CN¥119.2m |
| Diluted earnings per share | 0.01 | -0.21 | -0.26 | 0.04 | 0.05 | 0.08 | 0.06 | 0.18 | 0.12 | 0.13 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥5.47bn | CN¥5.32bn | CN¥5.54bn | CN¥5.86bn | CN¥6.06bn | CN¥6.00bn | CN¥6.02bn | CN¥6.18bn | CN¥5.67bn | CN¥5.24bn |
| Cash and short-term investments | CN¥1.84bn | CN¥1.25bn | CN¥1.36bn | CN¥1.56bn | CN¥1.44bn | CN¥1.82bn | CN¥1.35bn | CN¥1.81bn | CN¥1.33bn | CN¥1.30bn |
| Total liabilities | CN¥2.03bn | CN¥1.93bn | CN¥1.96bn | CN¥2.05bn | CN¥2.26bn | CN¥2.26bn | CN¥2.33bn | CN¥2.49bn | CN¥2.09bn | CN¥1.73bn |
| Debt | CN¥152.2m | CN¥47.0m | CN¥79.2m | CN¥11.3m | CN¥12.7m | CN¥16.3m | CN¥62.4m | CN¥95.0m | CN¥45.0m | CN¥40.0m |
| Shareholders' equity | CN¥3.12bn | CN¥3.11bn | CN¥3.30bn | CN¥3.55bn | CN¥3.53bn | CN¥3.51bn | CN¥3.45bn | CN¥3.47bn | CN¥3.36bn | CN¥3.32bn |
| Shares outstanding | 914m | 914m | 914m | 914m | 911m | 917m | 919m | 915m | 914m | 913m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥101.6m | −CN¥265.3m | −CN¥65.9m | CN¥150.3m | CN¥208.2m | CN¥534.7m | −CN¥341.2m | CN¥45.6m | CN¥157.5m | CN¥53.1m |
| Capital spending | −CN¥47.1m | −CN¥37.8m | −CN¥13.8m | −CN¥20.5m | −CN¥50.1m | −CN¥71.0m | −CN¥197.1m | −CN¥91.9m | −CN¥92.3m | −CN¥104.0m |
| Free cash flow | CN¥54.5m | −CN¥303.1m | −CN¥79.7m | CN¥129.9m | CN¥158.0m | CN¥463.6m | −CN¥538.3m | −CN¥46.3m | CN¥65.2m | −CN¥50.8m |
| Dividends paid | — | — | −CN¥12.8m | −CN¥12.8m | −CN¥23.8m | −CN¥16.0m | −CN¥73.1m | −CN¥67.2m | −CN¥66.1m | −CN¥62.6m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥744.5m | CN¥594.6m | CN¥927.8m | CN¥511.3m | CN¥636.9m | CN¥405.7m | CN¥817.6m | CN¥578.0m |
| Gross profit | CN¥118.3m | CN¥81.8m | CN¥135.2m | CN¥64.9m | CN¥104.1m | CN¥54.8m | CN¥116.9m | CN¥105.7m |
| Operating income | CN¥7.6m | −CN¥23.6m | −CN¥166.6m | −CN¥63.1m | CN¥7.9m | −CN¥14.8m | −CN¥119.5m | −CN¥15.6m |
| Net income | −CN¥12.7m | −CN¥13.3m | CN¥100.4m | −CN¥44.1m | −CN¥10.3m | −CN¥35.3m | −CN¥89.9m | −CN¥30.7m |
| Diluted earnings per share | -0.01 | -0.01 | 0.11 | -0.05 | -0.01 | -0.04 | -0.10 | -0.03 |
| Cash from operations | — | — | CN¥11.0m | CN¥138.0m | −CN¥37.0m | −CN¥10.0m | — | −CN¥122.0m |
| Capital spending | −CN¥6.0m | −CN¥2.0m | −CN¥15.0m | −CN¥12.0m | −CN¥16.0m | −CN¥2.0m | −CN¥14.0m | −CN¥6.0m |
| Free cash flow | — | — | −CN¥4.0m | CN¥126.0m | −CN¥53.0m | −CN¥12.0m | — | −CN¥128.0m |
| Total assets | CN¥5.46bn | CN¥5.40bn | CN¥5.47bn | CN¥5.12bn | CN¥5.09bn | CN¥5.10bn | CN¥5.32bn | CN¥5.28bn |
| Cash and short-term investments | — | — | CN¥1.84bn | CN¥1.36bn | CN¥1.24bn | CN¥1.21bn | CN¥1.25bn | CN¥1.26bn |
| Debt | CN¥5.6m | CN¥766,650 | CN¥149.5m | CN¥66.0m | CN¥57.2m | CN¥97.9m | CN¥42.3m | CN¥45.7m |
| Shareholders' equity | CN¥3.09bn | CN¥3.11bn | CN¥3.12bn | CN¥3.02bn | CN¥3.07bn | CN¥3.08bn | CN¥3.11bn | CN¥3.20bn |
Financial ratios
Data as of 4 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 13.3% | 14.5% | 17.2% | 14.0% | 12.2% | 14.6% | — | — |
| Operating margin | -12.0% | -4.7% | -6.1% | 2.4% | 2.2% | 3.5% | — | — |
| Net margin | 0.4% | -7.1% | -8.2% | 1.0% | 0.9% | 2.0% | — | — |
| Return on equity | 0.3% | -6.1% | -7.2% | 1.1% | 1.2% | 2.2% | — | — |
| Return on assets | 0.2% | -3.5% | -4.3% | 0.7% | 0.7% | 1.3% | — | — |
| Free cash flow yield | 1.8% | -2.7% | -0.6% | 2.0% | 3.1% | 7.1% | — | — |
| Revenue growth | -6.3% | -9.1% | -29.9% | -8.3% | 14.7% | -15.2% | — | — |
| Earnings growth | -105.7% | -20.6% | -696.5% | -4.9% | -45.8% | 46.8% | — | — |
| Current ratio | 1.99x | 1.98x | 2.05x | 1.95x | 1.83x | 1.90x | — | — |
| Debt to equity | 0.05x | 0.01x | 0.02x | — | — | -0.06x | -0.04x | 0.03x |
| Equity ratio | 57.1% | 58.5% | 59.6% | 60.6% | 58.2% | 58.5% | — | — |
| Interest coverage | -214.97x | -63.30x | -104.21x | 44.19x | 32.30x | 22.78x | — | — |
| R&D as a share of sales | 8.7% | 9.9% | 7.3% | 5.1% | 4.7% | 5.2% | — | — |
| Buybacks as a share of market value | -0.0% | 0.0% | 0.0% | -0.3% | 0.6% | 0.2% | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -15.8% | -8.9% | -3.7% |
| Net income | -35.4% | -32.6% | -22.9% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 13.9% | 14.7% | 14.1% | 14.4% |
| Operating margin | -8.2% | -4.1% | -1.3% | 1.5% |
| Net margin | -3.5% | -3.1% | -1.2% | 0.8% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | — | -48.6 | -50.9 | 238.6 | 216.3 | 88.8 | 177.2 | 45.8 | 67.1 | 106.5 |
| Price to sales | 4.5 | 3.5 | 4.2 | 2.3 | 2.0 | 1.7 | 2.0 | 1.6 | 1.7 | 3.4 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 12 Jul 2023.
| FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.014 | 0.014 | 0.026 | 0.018 | 0.08 | 0.07 | 0.07 | 0.068 |
- 1-to-1 reverse split · 11 Sept 2006
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.