C 
4.39
-0.23%
Close of 9 Nov 2026, in CNY
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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¥1.09trn
FY2016FY2025
Net income
CN¥22.89bn
FY2016FY2025
Free cash flow
−CN¥31.51bn
FY2016FY2025
Shareholders' equity
CN¥371.06bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.09trn | CN¥1.16trn | CN¥1.26trn | CN¥1.15trn | CN¥1.07trn | CN¥974.75bn | CN¥850.88bn | CN¥740.38bn | CN¥693.37bn | CN¥643.36bn |
| Gross profit | CN¥104.72bn | CN¥117.15bn | CN¥129.96bn | CN¥114.99bn | CN¥108.58bn | CN¥95.27bn | CN¥84.66bn | CN¥71.66bn | CN¥68.47bn | CN¥57.99bn |
| Research and development | CN¥22.44bn | CN¥26.63bn | CN¥30.00bn | CN¥27.81bn | CN¥24.76bn | CN¥21.84bn | CN¥16.51bn | CN¥13.44bn | CN¥12.02bn | CN¥10.42bn |
| Operating income | CN¥49.37bn | CN¥38.45bn | CN¥46.28bn | CN¥43.05bn | CN¥38.78bn | CN¥33.58bn | CN¥31.88bn | CN¥28.71bn | CN¥21.54bn | CN¥18.55bn |
| Net income | CN¥22.89bn | CN¥27.89bn | CN¥33.48bn | CN¥31.27bn | CN¥27.62bn | CN¥25.19bn | CN¥23.68bn | CN¥17.20bn | CN¥16.07bn | CN¥12.51bn |
| Diluted earnings per share | 0.93 | 1.40 | 1.11 | 1.30 | 1.10 | 1.02 | 1.02 | 0.83 | 0.69 | 0.55 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥2.47trn | CN¥2.26trn | CN¥1.83trn | CN¥1.61trn | CN¥1.36trn | CN¥1.20trn | CN¥1.06trn | CN¥942.68bn | CN¥844.08bn | CN¥754.51bn |
| Cash and short-term investments | — | CN¥262.09bn | CN¥243.39bn | CN¥248.76bn | CN¥186.07bn | CN¥179.83bn | CN¥163.60bn | CN¥138.77bn | CN¥133.36bn | CN¥124.21bn |
| Total liabilities | CN¥1.93trn | CN¥1.75trn | CN¥1.37trn | CN¥1.19trn | CN¥1.00trn | CN¥886.93bn | CN¥810.71bn | CN¥720.53bn | CN¥674.36bn | CN¥605.35bn |
| Debt | — | CN¥575.34bn | CN¥499.56bn | CN¥489.63bn | CN¥379.33bn | CN¥315.33bn | CN¥285.39bn | CN¥239.50bn | CN¥213.49bn | CN¥199.09bn |
| Shareholders' equity | CN¥371.06bn | CN¥354.71bn | CN¥332.53bn | CN¥301.23bn | CN¥275.27bn | CN¥255.34bn | CN¥221.46bn | CN¥191.78bn | CN¥155.38bn | CN¥140.33bn |
| Shares outstanding | 24,682m | 19,940m | 30,090m | 24,140m | 25,189m | 24,766m | 23,196m | 20,788m | 23,440m | 22,788m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥28.77bn | CN¥28.05bn | CN¥38.36bn | CN¥43.55bn | CN¥13.07bn | CN¥30.99bn | CN¥22.20bn | CN¥11.96bn | CN¥33.17bn | CN¥54.50bn |
| Capital spending | −CN¥60.29bn | −CN¥58.00bn | −CN¥58.45bn | −CN¥62.31bn | −CN¥55.97bn | −CN¥43.29bn | −CN¥20.25bn | −CN¥18.98bn | −CN¥15.28bn | −CN¥12.79bn |
| Free cash flow | −CN¥31.51bn | −CN¥29.95bn | −CN¥20.08bn | −CN¥18.76bn | −CN¥42.90bn | −CN¥12.30bn | CN¥1.95bn | −CN¥7.02bn | CN¥17.90bn | CN¥41.71bn |
| Dividends paid | −CN¥24.35bn | −CN¥21.92bn | −CN¥23.14bn | −CN¥20.82bn | −CN¥4.42bn | −CN¥4.15bn | −CN¥2.92bn | −CN¥11.70bn | −CN¥10.49bn | −CN¥11.10bn |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥237.40bn | CN¥235.71bn | CN¥317.43bn | CN¥263.56bn | CN¥263.22bn | CN¥249.28bn | CN¥340.03bn | CN¥275.76bn |
| Gross profit | CN¥21.32bn | CN¥19.34bn | CN¥35.62bn | CN¥23.88bn | CN¥23.05bn | CN¥21.74bn | CN¥43.36bn | CN¥24.80bn |
| Operating income | CN¥10.92bn | CN¥8.96bn | CN¥16.39bn | CN¥9.93bn | CN¥8.04bn | CN¥9.62bn | CN¥11.43bn | CN¥9.91bn |
| Net income | CN¥4.30bn | CN¥4.36bn | CN¥5.40bn | CN¥5.66bn | CN¥5.80bn | CN¥6.03bn | CN¥7.32bn | CN¥6.29bn |
| Diluted earnings per share | 0.17 | 0.18 | 0.22 | 0.23 | 0.24 | 0.24 | 0.37 | 0.32 |
| Cash from operations | — | — | — | CN¥7.18bn | −CN¥2.23bn | −CN¥77.40bn | CN¥99.31bn | −CN¥158.0m |
| Capital spending | −CN¥12.94bn | −CN¥11.57bn | −CN¥30.45bn | −CN¥10.00bn | −CN¥11.74bn | −CN¥8.09bn | −CN¥17.52bn | −CN¥15.62bn |
| Free cash flow | — | — | — | −CN¥2.82bn | −CN¥13.97bn | −CN¥85.49bn | CN¥81.79bn | −CN¥15.78bn |
| Total assets | CN¥2.46trn | CN¥2.42trn | CN¥2.47trn | CN¥2.40trn | CN¥2.38trn | CN¥2.27trn | CN¥2.26trn | CN¥2.13trn |
| Cash and short-term investments | — | — | — | CN¥203.69bn | CN¥204.78bn | CN¥184.82bn | CN¥262.09bn | CN¥195.05bn |
| Debt | CN¥440.40bn | CN¥436.50bn | CN¥418.70bn | CN¥232.41bn | CN¥523.78bn | CN¥508.42bn | CN¥464.08bn | CN¥572.29bn |
| Shareholders' equity | CN¥378.35bn | CN¥374.29bn | CN¥371.06bn | CN¥315.60bn | CN¥366.75bn | CN¥363.88bn | CN¥354.71bn | CN¥351.90bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -1.8% | 2.3% | 5.8% |
| Operating income | 4.7% | 8.0% | 12.2% |
| Net income | -9.9% | -1.9% | 6.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 9.8% | 10.0% | 10.0% | 10.0% |
| Operating margin | 3.9% | 3.8% | 3.7% | 3.6% |
| Net margin | 2.3% | 2.5% | 2.5% | 2.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 5.8 | 4.6 | 5.1 | 4.3 | 5.3 | 5.2 | 5.8 | 8.4 | 12.2 | 16.1 |
| Price to sales | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.3 | 0.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 16 years. Last went ex-dividend on 23 Dec 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.26 | 0.21 | 0.20 | 0.196 | 0.18 | 0.169 | 0.128 | 0.113 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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