Z 
7.91
+2.06%
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¥1.08bn
FY2016FY2025
Net income
−CN¥57.3m
FY2016FY2025
Free cash flow
−CN¥78.7m
FY2016FY2025
Shareholders' equity
CN¥519.2m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.08bn | CN¥976.1m | CN¥973.3m | CN¥927.5m | CN¥722.1m | CN¥734.4m | CN¥584.7m | CN¥528.8m | CN¥604.4m | CN¥681.1m |
| Gross profit | CN¥147.3m | CN¥146.7m | CN¥149.1m | CN¥122.3m | CN¥98.0m | CN¥104.3m | CN¥64.7m | CN¥68.5m | CN¥66.1m | CN¥77.2m |
| Research and development | CN¥18.6m | CN¥22.8m | CN¥17.5m | CN¥26.3m | CN¥35.3m | CN¥27.4m | CN¥31.0m | CN¥30.4m | CN¥26.4m | CN¥32.4m |
| Operating income | −CN¥55.2m | −CN¥23.5m | CN¥14.7m | −CN¥64.6m | CN¥38.7m | CN¥116.8m | −CN¥59.0m | CN¥6.5m | CN¥33.4m | CN¥122.5m |
| Net income | −CN¥57.3m | −CN¥19.8m | CN¥24.1m | −CN¥76.3m | CN¥37.1m | CN¥96.1m | −CN¥63.0m | CN¥5.1m | CN¥31.3m | CN¥90.4m |
| Diluted earnings per share | -0.18 | -0.05 | 0.06 | -0.25 | 0.14 | 0.30 | -0.21 | 0.12 | 0.12 | 0.27 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥962.7m | CN¥926.3m | CN¥885.9m | CN¥920.1m | CN¥930.3m | CN¥954.4m | CN¥917.0m | CN¥1.03bn | CN¥1.05bn | CN¥1.01bn |
| Cash and short-term investments | — | CN¥239.7m | CN¥224.1m | CN¥272.3m | CN¥128.8m | CN¥158.4m | CN¥56.1m | CN¥173.1m | CN¥123.9m | CN¥171.0m |
| Total liabilities | CN¥500.9m | CN¥391.0m | CN¥320.4m | CN¥339.3m | CN¥243.8m | CN¥304.3m | CN¥332.9m | CN¥389.1m | CN¥364.9m | CN¥368.6m |
| Debt | CN¥24.0m | CN¥33.5m | CN¥42.9m | CN¥62.4m | CN¥66.9m | CN¥86.8m | CN¥66.1m | CN¥144.5m | CN¥165.7m | CN¥93.4m |
| Shareholders' equity | CN¥519.2m | CN¥589.3m | CN¥609.1m | CN¥585.0m | CN¥682.6m | CN¥645.4m | CN¥568.5m | CN¥634.9m | CN¥671.6m | CN¥589.9m |
| Shares outstanding | 321m | 363m | 401m | 304m | 270m | 321m | 297m | 44m | 268m | 338m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −CN¥61.9m | −CN¥28.1m | CN¥5.1m | CN¥48.9m | −CN¥33.9m | CN¥10.8m | CN¥9.4m | CN¥10.0m | −CN¥45.5m | CN¥159.7m |
| Capital spending | −CN¥16.9m | −CN¥9.0m | −CN¥20.0m | −CN¥11.0m | −CN¥25.2m | −CN¥27.7m | −CN¥70.0m | −CN¥30.3m | −CN¥13.9m | −CN¥7.4m |
| Free cash flow | −CN¥78.7m | −CN¥37.1m | −CN¥14.9m | CN¥38.0m | −CN¥59.1m | −CN¥16.9m | −CN¥60.6m | −CN¥20.3m | −CN¥59.4m | CN¥152.4m |
| Dividends paid | −CN¥4.3m | −CN¥1.4m | −CN¥41.8m | −CN¥21.2m | −CN¥5.1m | −CN¥5.1m | −CN¥16.1m | −CN¥7.8m | −CN¥5.0m | −CN¥15.5m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥242.5m | CN¥180.7m | CN¥211.6m | CN¥292.1m | CN¥324.1m | CN¥249.7m | CN¥185.0m | CN¥272.6m |
| Gross profit | CN¥37.3m | CN¥26.1m | CN¥21.2m | CN¥40.8m | CN¥43.7m | CN¥41.6m | CN¥24.2m | CN¥42.4m |
| Operating income | −CN¥6.7m | −CN¥16.5m | −CN¥8.5m | −CN¥9.9m | −CN¥11.8m | −CN¥2.4m | −CN¥19.4m | −CN¥539,998 |
| Net income | CN¥3.2m | −CN¥18.2m | −CN¥38.4m | −CN¥10.6m | −CN¥5.1m | −CN¥3.2m | −CN¥22.7m | CN¥390,176 |
| Diluted earnings per share | 0.01 | -0.06 | -0.12 | -0.03 | -0.02 | -0.01 | -0.06 | 0.00 |
| Cash from operations | — | — | — | −CN¥11.0m | CN¥26.0m | −CN¥16.0m | −CN¥13.0m | — |
| Capital spending | −CN¥2.0m | −CN¥2.0m | — | −CN¥28.0m | −CN¥48.0m | −CN¥3.0m | −CN¥1.0m | −CN¥2.0m |
| Free cash flow | — | — | — | −CN¥39.0m | −CN¥22.0m | −CN¥19.0m | −CN¥14.0m | — |
| Total assets | CN¥1.02bn | CN¥971.5m | CN¥962.7m | CN¥1.05bn | CN¥1.01bn | CN¥1.01bn | CN¥926.3m | CN¥857.9m |
| Cash and short-term investments | — | — | — | CN¥143.5m | CN¥132.0m | CN¥252.2m | CN¥239.7m | CN¥176.8m |
| Debt | CN¥22.0m | CN¥22.0m | CN¥24.0m | CN¥40.8m | CN¥56.6m | CN¥69.1m | CN¥28.0m | CN¥28.0m |
| Shareholders' equity | CN¥501.3m | CN¥499.5m | CN¥519.2m | CN¥558.7m | CN¥570.5m | CN¥586.0m | CN¥589.3m | CN¥612.0m |
Financial ratios
Data as of 28 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 13.7% | 15.0% | 15.3% | 13.2% | 13.6% | 14.2% |
| Operating margin | -5.1% | -2.3% | 3.3% | -11.5% | 5.7% | 16.8% |
| Net margin | -5.3% | -2.0% | 2.5% | -8.2% | 5.1% | 13.1% |
| Return on equity | -11.0% | -3.4% | 4.0% | -13.0% | 5.4% | 14.9% |
| Return on assets | -6.0% | -2.1% | 2.7% | -8.3% | 4.0% | 10.1% |
| Free cash flow yield | -1.8% | -0.7% | 0.8% | 2.5% | -0.4% | 1.5% |
| Revenue growth | 10.4% | 0.3% | 4.9% | 28.4% | -1.7% | 25.6% |
| Earnings growth | 188.9% | -182.3% | -131.6% | -305.6% | -61.4% | -252.5% |
| Current ratio | 1.40x | 1.84x | 1.64x | 1.90x | 1.54x | 0.86x |
| Debt to equity | 0.05x | 0.05x | 0.05x | 0.09x | 0.08x | 0.12x |
| Equity ratio | 53.9% | 63.6% | 68.8% | 63.6% | 73.4% | 67.6% |
| Interest coverage | -12.67x | -9.53x | 11.95x | -33.83x | 16.86x | 17.98x |
| R&D as a share of sales | 1.7% | 2.3% | 1.8% | 2.8% | 4.9% | 3.7% |
| Buybacks as a share of market value | 11.6% | 9.3% | -31.9% | -12.4% | 15.9% | -8.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 5.1% | 8.0% | 5.1% |
| Operating income | -5.1% | — | — |
| Net income | -9.1% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 14.3% | 14.3% | 14.2% | 13.7% |
| Operating margin | -3.8% | -3.3% | 0.5% | 2.1% |
| Net margin | -3.8% | -3.3% | 0.1% | 1.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -53.7 | -211.8 | 199.3 | -108.3 | 63.2 | 26.5 | -56.3 | 91.9 | 195.6 | 124.7 |
| Price to sales | 2.9 | 4.3 | 4.9 | 8.9 | 3.3 | 3.5 | 6.1 | 0.9 | 10.1 | 16.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 1 years. Last went ex-dividend on 29 Jul 2025.
| FY2025 | FY2022 | FY2019 | FY2016 | FY2014 | FY2013 | FY2010 | FY2009 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.01 | 0.066 | 0.05 | 0.03 | 0.04 | 0.023 | 0.025 | 0.041 |
- 11-for-10 split · 29 May 2013
- 11-for-10 split · 26 Apr 2010
- 1-to-1 reverse split · 13 Dec 2005
- 1.15-for-1 split · 18 Jul 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.