N 
5.40
-2.00%
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¥3.45bn
FY2016FY2025
Net income
CN¥101.3m
FY2016FY2025
Free cash flow
CN¥589.0m
FY2016FY2025
Shareholders' equity
CN¥9.03bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥3.45bn | CN¥3.61bn | CN¥3.33bn | CN¥3.08bn | CN¥1.96bn | CN¥1.36bn | CN¥496.2m | CN¥158.8m | CN¥206.2m | CN¥272.3m |
| Research and development | CN¥12.5m | CN¥17.5m | CN¥14.2m | CN¥7.3m | CN¥1.8m | CN¥3.9m | — | — | — | — |
| Operating income | CN¥1.46bn | CN¥1.07bn | CN¥918.1m | CN¥866.7m | CN¥490.9m | CN¥230.0m | −CN¥144.6m | −CN¥274.4m | CN¥8.7m | −CN¥99.1m |
| Net income | CN¥101.3m | CN¥802.7m | CN¥802.3m | CN¥732.5m | CN¥480.5m | CN¥56.4m | −CN¥197.9m | −CN¥274.0m | CN¥8.7m | −CN¥98.8m |
| Diluted earnings per share | 0.05 | 0.41 | 0.40 | 0.45 | 0.43 | 0.08 | -0.32 | -0.67 | 0.02 | -0.23 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥39.33bn | CN¥40.07bn | CN¥31.93bn | CN¥32.69bn | CN¥25.20bn | CN¥14.32bn | CN¥1.08bn | CN¥1.30bn | CN¥1.46bn | CN¥1.76bn |
| Cash and short-term investments | — | CN¥1.28bn | CN¥381.8m | CN¥2.72bn | CN¥1.44bn | CN¥1.07bn | CN¥719.9m | CN¥127.5m | CN¥98.6m | CN¥157.2m |
| Total liabilities | CN¥28.48bn | CN¥30.08bn | CN¥22.54bn | CN¥23.86bn | CN¥19.96bn | CN¥10.89bn | CN¥1.07bn | CN¥1.06bn | CN¥950.5m | CN¥1.25bn |
| Debt | CN¥22.88bn | CN¥23.43bn | CN¥19.59bn | CN¥19.31bn | CN¥15.54bn | CN¥9.39bn | CN¥5.59bn | CN¥338.5m | CN¥585.3m | CN¥778.0m |
| Shareholders' equity | CN¥9.03bn | CN¥9.29bn | CN¥8.94bn | CN¥8.37bn | CN¥4.89bn | CN¥3.16bn | CN¥857.6m | CN¥239.6m | CN¥513.6m | CN¥504.9m |
| Shares outstanding | 1,967m | 1,967m | 1,994m | 1,627m | 1,128m | 706m | 615m | 409m | 410m | 438m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥2.17bn | CN¥1.88bn | CN¥2.16bn | CN¥3.05bn | CN¥921.9m | CN¥759.9m | CN¥143.8m | −CN¥4.8m | −CN¥121.6m | −CN¥135.7m |
| Capital spending | −CN¥1.58bn | −CN¥1.28bn | −CN¥2.08bn | −CN¥3.66bn | −CN¥4.35bn | −CN¥2.12bn | −CN¥353,000 | −CN¥2.6m | −CN¥3.2m | −CN¥992,000 |
| Free cash flow | CN¥589.0m | CN¥597.6m | CN¥74.5m | −CN¥613.3m | −CN¥3.43bn | −CN¥1.36bn | CN¥143.4m | −CN¥7.4m | −CN¥124.8m | −CN¥136.7m |
| Dividends paid | −CN¥1.30bn | −CN¥1.14bn | −CN¥997.3m | −CN¥827.1m | −CN¥546.4m | −CN¥388.6m | −CN¥50.5m | −CN¥35.7m | −CN¥58.6m | −CN¥34.9m |
Latest quarters
By quarter end
| Sept 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥890.4m | CN¥944.2m | CN¥747.6m | CN¥610.8m | CN¥918.6m | CN¥1.07bn | CN¥853.3m | CN¥782.3m |
| Operating income | CN¥354.0m | CN¥413.1m | CN¥249.3m | CN¥95.5m | CN¥411.4m | CN¥359.0m | CN¥165.6m | CN¥182.4m |
| Net income | CN¥84.9m | CN¥99.8m | −CN¥19.2m | −CN¥460.1m | CN¥121.9m | CN¥319.1m | CN¥120.4m | CN¥56.3m |
| Diluted earnings per share | 0.04 | 0.05 | -0.01 | -0.23 | 0.06 | 0.16 | 0.06 | 0.03 |
| Cash from operations | — | — | — | — | CN¥1.60bn | CN¥588.0m | −CN¥213.0m | CN¥482.0m |
| Capital spending | −CN¥1.27bn | −CN¥54.0m | −CN¥103.0m | −CN¥184.0m | −CN¥242.0m | −CN¥479.0m | −CN¥674.0m | −CN¥592.0m |
| Free cash flow | — | — | — | — | CN¥1.36bn | CN¥109.0m | −CN¥887.0m | −CN¥110.0m |
| Total assets | CN¥40.03bn | CN¥40.58bn | CN¥39.66bn | CN¥39.33bn | CN¥40.61bn | CN¥41.19bn | CN¥40.57bn | CN¥40.07bn |
| Cash and short-term investments | — | — | — | — | CN¥936.2m | CN¥674.7m | CN¥611.2m | CN¥1.28bn |
| Debt | CN¥23.92bn | CN¥24.33bn | CN¥23.29bn | CN¥22.88bn | CN¥3.49bn | CN¥24.27bn | CN¥23.97bn | CN¥22.94bn |
| Shareholders' equity | CN¥8.70bn | CN¥8.73bn | CN¥9.02bn | CN¥9.03bn | CN¥9.67bn | CN¥9.54bn | CN¥9.42bn | CN¥9.29bn |
Financial ratios
Data as of 27 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Operating margin | — | 47.3% | 27.7% | 54.7% | 52.6% | 45.5% | -29.2% |
| Net margin | 2.9% | 22.2% | 24.1% | 23.8% | 24.6% | 4.2% | — |
| Return on equity | 1.1% | 8.6% | 9.0% | 8.7% | 9.8% | 1.8% | — |
| Return on assets | 0.3% | 2.0% | 2.5% | 2.2% | 1.9% | 0.4% | — |
| Free cash flow yield | 33.0% | 27.9% | 36.8% | 71.4% | 81.1% | 70.6% | — |
| Revenue growth | -4.4% | 8.5% | 8.0% | 57.5% | 44.2% | 173.5% | — |
| Earnings growth | -87.4% | 0.0% | 9.5% | 52.4% | 752.5% | -128.5% | — |
| Current ratio | 1.90x | 1.54x | 1.43x | 1.52x | 1.06x | 1.50x | — |
| Debt to equity | 2.53x | 2.47x | 2.15x | 2.26x | 2.93x | 2.70x | — |
| Equity ratio | 23.0% | 23.2% | 28.0% | 25.6% | 19.4% | 22.1% | — |
| Interest coverage | — | 2.07x | 1.17x | 1.98x | 1.88x | 1.50x | -0.77x |
| R&D as a share of sales | 0.4% | 0.5% | 0.4% | 0.2% | 0.1% | 0.3% | — |
| Buybacks as a share of market value | 0.0% | 1.3% | -22.6% | -44.3% | -59.7% | -14.9% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 3.8% | 20.5% | 20.2% |
| Operating income | 18.9% | 44.7% | 110.9% |
| Net income | -48.3% | 12.4% | 34.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 35.7% | 32.0% | 30.0% | 24.5% |
| Net margin | 12.8% | 18.1% | 17.7% | 13.1% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 99.1 | 13.2 | 15.2 | 16.1 | 22.3 | 57.9 | -14.3 | -6.0 | 328.1 | -52.2 |
| Price to sales | 2.9 | 2.9 | 3.7 | 3.8 | 5.5 | 2.4 | 5.7 | 10.3 | 13.8 | 18.9 |
Dividends and splits
Per share, in the currency the company pays
Paid for 3 years. Last went ex-dividend on 14 Nov 2025.
| FY2025 | FY2024 | FY2023 | FY2001 | FY1996 | FY1995 | |
|---|---|---|---|---|---|---|
| Paid in the year | 0.20 | 0.175 | 0.10 | 0.067 | 0.107 | 0.081 |
- 1.423-for-1 split · 25 Aug 2006
- 1.384-for-1 split · 23 Apr 1998
- 1.343-for-1 split · 23 May 1994
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.