L 
3.85
+10.00%
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¥17.68bn
FY2016FY2025
Net income
CN¥404.5m
FY2016FY2025
Free cash flow
−CN¥34.2m
FY2016FY2025
Shareholders' equity
CN¥4.05bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥17.68bn | CN¥18.29bn | CN¥17.43bn | CN¥16.96bn | CN¥15.20bn | CN¥11.84bn | CN¥11.11bn | CN¥10.51bn | CN¥10.06bn | CN¥7.58bn |
| Gross profit | CN¥2.04bn | CN¥2.15bn | CN¥2.04bn | CN¥1.86bn | CN¥1.91bn | CN¥1.11bn | CN¥995.2m | CN¥782.2m | CN¥690.0m | CN¥463.5m |
| Research and development | CN¥584.2m | CN¥583.7m | CN¥561.4m | CN¥492.1m | CN¥620.8m | CN¥170.5m | CN¥13.2m | CN¥7.1m | CN¥1.9m | CN¥14.9m |
| Operating income | CN¥503.8m | CN¥523.1m | CN¥511.7m | CN¥480.5m | CN¥377.0m | CN¥546.3m | CN¥312.3m | CN¥425.5m | CN¥439.9m | CN¥153.7m |
| Net income | CN¥404.5m | CN¥413.0m | CN¥334.1m | CN¥349.3m | CN¥268.8m | CN¥222.8m | CN¥228.2m | CN¥146.3m | CN¥139.3m | CN¥29.3m |
| Diluted earnings per share | 0.40 | 0.41 | 0.33 | 0.34 | 0.28 | 0.22 | 0.26 | 0.15 | 0.17 | 0.03 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥37.92bn | CN¥37.51bn | CN¥36.52bn | CN¥32.48bn | CN¥26.62bn | CN¥23.45bn | CN¥19.74bn | CN¥15.37bn | CN¥12.78bn | CN¥9.46bn |
| Cash and short-term investments | — | CN¥5.75bn | CN¥4.32bn | CN¥6.45bn | CN¥5.44bn | CN¥4.84bn | CN¥2.55bn | CN¥1.85bn | CN¥1.55bn | CN¥1.07bn |
| Total liabilities | CN¥30.92bn | CN¥30.91bn | CN¥30.66bn | CN¥27.97bn | CN¥22.59bn | CN¥20.13bn | CN¥17.55bn | CN¥13.56bn | CN¥11.78bn | CN¥8.63bn |
| Debt | CN¥7.67bn | CN¥11.68bn | CN¥15.90bn | CN¥13.18bn | CN¥11.27bn | CN¥8.25bn | CN¥8.37bn | CN¥6.44bn | CN¥5.40bn | CN¥3.28bn |
| Shareholders' equity | CN¥4.05bn | CN¥3.69bn | CN¥2.74bn | CN¥2.64bn | CN¥2.12bn | CN¥2.39bn | CN¥1.81bn | CN¥1.52bn | CN¥956.5m | CN¥823.9m |
| Shares outstanding | 1,005m | 1,005m | 1,005m | 1,028m | 968m | 1,012m | 864m | 965m | 842m | 843m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥35.4m | CN¥2.63bn | −CN¥1.53bn | CN¥997.8m | −CN¥1.25bn | CN¥2.34bn | −CN¥851.1m | −CN¥985.7m | −CN¥1.29bn | −CN¥1.42bn |
| Capital spending | −CN¥69.6m | −CN¥81.3m | −CN¥154.0m | −CN¥988.7m | −CN¥1.03bn | −CN¥309.5m | −CN¥174.0m | −CN¥139.6m | −CN¥184.6m | −CN¥133.5m |
| Free cash flow | −CN¥34.2m | CN¥2.55bn | −CN¥1.69bn | CN¥9.2m | −CN¥2.28bn | CN¥2.03bn | −CN¥1.03bn | −CN¥1.13bn | −CN¥1.47bn | −CN¥1.55bn |
| Dividends paid | −CN¥687.1m | −CN¥700.3m | −CN¥646.0m | −CN¥709.8m | −CN¥545.4m | −CN¥83.7m | −CN¥303.6m | −CN¥251.7m | −CN¥178.0m | −CN¥121.9m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥3.12bn | CN¥1.80bn | CN¥6.91bn | CN¥5.66bn | CN¥3.28bn | CN¥1.80bn | CN¥7.12bn | CN¥6.19bn |
| Gross profit | CN¥563.9m | CN¥210.2m | CN¥604.7m | CN¥670.5m | CN¥523.5m | CN¥220.2m | CN¥673.3m | CN¥695.0m |
| Operating income | CN¥259.0m | CN¥92.9m | CN¥111.4m | CN¥282.9m | CN¥95.7m | CN¥13.8m | CN¥220.0m | CN¥201.0m |
| Net income | CN¥65.9m | CN¥7.8m | CN¥145.9m | CN¥186.9m | CN¥61.7m | CN¥8.2m | CN¥178.4m | CN¥165.4m |
| Diluted earnings per share | 0.07 | 0.01 | 0.15 | 0.19 | 0.06 | 0.01 | 0.18 | 0.16 |
| Cash from operations | — | — | — | CN¥706.0m | CN¥221.0m | −CN¥2.30bn | CN¥2.87bn | −CN¥172.0m |
| Capital spending | — | −CN¥28.0m | −CN¥11.0m | −CN¥9.0m | −CN¥28.0m | −CN¥19.0m | −CN¥199.0m | −CN¥250.0m |
| Free cash flow | — | — | — | CN¥697.0m | CN¥193.0m | −CN¥2.32bn | CN¥2.67bn | −CN¥422.0m |
| Total assets | CN¥36.08bn | CN¥36.42bn | CN¥37.92bn | CN¥36.76bn | CN¥35.44bn | CN¥35.01bn | CN¥37.51bn | CN¥35.87bn |
| Cash and short-term investments | — | — | — | CN¥4.47bn | CN¥4.09bn | CN¥4.38bn | CN¥5.75bn | CN¥3.81bn |
| Debt | CN¥8.25bn | CN¥7.83bn | CN¥7.67bn | CN¥8.64bn | CN¥12.85bn | CN¥13.13bn | CN¥11.68bn | CN¥12.48bn |
| Shareholders' equity | CN¥4.23bn | CN¥4.16bn | CN¥4.05bn | CN¥3.41bn | CN¥3.78bn | CN¥3.71bn | CN¥3.69bn | CN¥3.52bn |
Financial ratios
Data as of 18 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 11.6% | 11.8% | 11.7% | 11.0% | 12.6% | 9.4% |
| Operating margin | 6.2% | 6.2% | 6.4% | 6.7% | 2.5% | 4.4% |
| Net margin | 2.3% | 2.3% | 1.9% | 2.1% | 1.8% | 1.9% |
| Return on equity | 10.0% | 11.2% | 12.2% | 13.2% | 12.7% | 9.3% |
| Return on assets | 1.1% | 1.1% | 0.9% | 1.1% | 1.0% | 1.0% |
| Free cash flow yield | 2.9% | 75.3% | -38.2% | 53.8% | -6.5% | 73.1% |
| Revenue growth | -3.3% | 4.9% | 2.8% | 11.6% | 28.4% | 6.6% |
| Earnings growth | -2.0% | 23.6% | -4.4% | 29.9% | 20.7% | -2.4% |
| Current ratio | 1.02x | 1.00x | 0.93x | 1.02x | 1.02x | 1.00x |
| Debt to equity | 1.89x | 3.16x | 5.21x | 4.99x | 5.31x | 3.46x |
| Equity ratio | 10.7% | 9.8% | 7.5% | 8.1% | 8.0% | 10.2% |
| Interest coverage | 1.80x | 1.79x | 1.77x | 1.61x | 0.67x | 1.77x |
| R&D as a share of sales | 3.3% | 3.2% | 3.2% | 2.9% | 4.1% | 1.4% |
| Buybacks as a share of market value | 0.0% | 0.0% | 2.2% | -6.2% | 4.3% | -17.1% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 1.4% | 8.4% | 10.2% |
| Operating income | 1.6% | -1.6% | 36.4% |
| Net income | 5.0% | 12.7% | 32.0% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 11.7% | 11.5% | 11.4% | 10.2% |
| Operating margin | 2.9% | 2.9% | 3.0% | 3.0% |
| Net margin | 2.3% | 2.1% | 2.0% | 1.8% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 10.8 | 9.7 | 12.8 | 11.0 | 10.0 | 12.2 | 10.0 | 14.6 | 18.6 | 128.1 |
| Price to sales | 0.3 | 0.2 | 0.3 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.3 | 0.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 4 years. Last went ex-dividend on 21 Jul 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.039 | 0.04 | 0.035 | 0.035 | 0.035 | 0.042 | 0.013 | 0.015 |
- 13-for-10 split · 29 Jul 2019
- 1.185-for-1 split · 13 Oct 2006
- 11-for-10 split · 22 Jul 1998
- 11-for-10 split · 25 Apr 1995
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.