C 
4.67
-0.85%
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¥2.08trn
FY2016FY2025
Net income
CN¥39.07bn
FY2016FY2025
Free cash flow
−CN¥5.69bn
FY2016FY2025
Shareholders' equity
CN¥491.56bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥2.08trn | CN¥2.19trn | CN¥2.27trn | CN¥2.06trn | CN¥1.89trn | CN¥1.62trn | CN¥1.42trn | CN¥1.20trn | CN¥1.05trn | CN¥959.77bn |
| Gross profit | CN¥206.08bn | CN¥212.24bn | CN¥222.81bn | CN¥212.65bn | CN¥214.73bn | CN¥174.70bn | CN¥157.80bn | CN¥141.66bn | CN¥108.82bn | CN¥97.21bn |
| Research and development | CN¥44.01bn | CN¥45.46bn | CN¥46.07bn | CN¥49.75bn | CN¥40.02bn | CN¥25.52bn | CN¥17.29bn | CN¥7.62bn | CN¥2.79bn | CN¥10.59bn |
| Operating income | CN¥87.76bn | CN¥80.56bn | CN¥93.13bn | CN¥103.06bn | CN¥113.89bn | CN¥94.46bn | CN¥83.80bn | CN¥85.76bn | CN¥71.23bn | CN¥59.26bn |
| Net income | CN¥39.07bn | CN¥46.19bn | CN¥54.26bn | CN¥50.95bn | CN¥51.55bn | CN¥44.92bn | CN¥41.88bn | CN¥38.24bn | CN¥32.94bn | CN¥29.87bn |
| Diluted earnings per share | 0.95 | 1.11 | 1.29 | 1.23 | 1.24 | 1.10 | 1.00 | 0.91 | 0.78 | 0.72 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥3.56trn | CN¥3.19trn | CN¥2.90trn | CN¥2.65trn | CN¥2.39trn | CN¥2.19trn | CN¥2.03trn | CN¥1.86trn | CN¥1.55trn | CN¥1.39trn |
| Cash and short-term investments | — | CN¥424.41bn | CN¥370.30bn | CN¥335.27bn | CN¥327.53bn | CN¥296.10bn | CN¥293.34bn | CN¥322.12bn | CN¥277.82bn | CN¥321.99bn |
| Total liabilities | CN¥2.74trn | CN¥2.42trn | CN¥2.17trn | CN¥1.97trn | CN¥1.75trn | CN¥1.62trn | CN¥1.53trn | CN¥1.43trn | CN¥1.21trn | CN¥1.10trn |
| Debt | — | CN¥911.58bn | CN¥801.40bn | CN¥689.70bn | CN¥591.71bn | CN¥496.07bn | CN¥458.33bn | CN¥418.44bn | CN¥380.87bn | CN¥357.73bn |
| Shareholders' equity | CN¥491.56bn | CN¥462.18bn | CN¥427.61bn | CN¥384.32bn | CN¥343.90bn | CN¥300.42bn | CN¥277.20bn | CN¥243.96bn | CN¥214.76bn | CN¥190.49bn |
| Shares outstanding | 41,320m | 41,610m | 41,920m | 41,315m | 41,686m | 40,793m | 42,069m | 42,181m | 42,231m | 41,320m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥20.54bn | CN¥15.77bn | CN¥11.03bn | CN¥3.83bn | CN¥14.36bn | CN¥20.27bn | −CN¥34.22bn | CN¥10.31bn | −CN¥43.46bn | CN¥107.05bn |
| Capital spending | −CN¥26.23bn | −CN¥19.80bn | −CN¥34.06bn | −CN¥25.95bn | −CN¥31.12bn | −CN¥49.50bn | −CN¥20.44bn | −CN¥18.62bn | −CN¥17.42bn | −CN¥13.13bn |
| Free cash flow | −CN¥5.69bn | −CN¥4.03bn | −CN¥23.03bn | −CN¥22.12bn | −CN¥16.76bn | −CN¥29.23bn | −CN¥54.66bn | −CN¥8.31bn | −CN¥60.88bn | CN¥93.91bn |
| Dividends paid | −CN¥40.36bn | −CN¥43.90bn | −CN¥41.96bn | −CN¥10.49bn | −CN¥9.01bn | −CN¥7.76bn | −CN¥7.05bn | −CN¥26.14bn | −CN¥24.70bn | −CN¥23.19bn |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥463.99bn | CN¥511.85bn | CN¥523.92bn | CN¥449.91bn | CN¥552.97bn | CN¥555.34bn | CN¥560.61bn | CN¥481.92bn |
| Gross profit | CN¥59.87bn | CN¥40.57bn | CN¥70.20bn | CN¥31.42bn | CN¥60.88bn | CN¥43.58bn | CN¥71.99bn | CN¥35.49bn |
| Operating income | CN¥35.58bn | CN¥23.93bn | CN¥31.10bn | CN¥16.44bn | CN¥31.98bn | CN¥26.20bn | CN¥15.90bn | CN¥15.27bn |
| Net income | CN¥9.12bn | CN¥13.88bn | CN¥886.6m | CN¥7.78bn | CN¥15.39bn | CN¥15.01bn | CN¥6.48bn | CN¥10.25bn |
| Diluted earnings per share | 0.22 | 0.34 | 0.02 | 0.19 | 0.37 | 0.36 | 0.16 | 0.25 |
| Cash from operations | — | — | — | CN¥26.36bn | CN¥13.02bn | −CN¥95.80bn | — | CN¥36.36bn |
| Capital spending | −CN¥8.98bn | −CN¥3.94bn | −CN¥10.17bn | −CN¥7.06bn | −CN¥5.36bn | −CN¥3.65bn | −CN¥8.69bn | −CN¥4.32bn |
| Free cash flow | — | — | — | CN¥19.30bn | CN¥7.67bn | −CN¥99.44bn | — | CN¥32.04bn |
| Total assets | CN¥3.68trn | CN¥3.61trn | CN¥3.56trn | CN¥3.41trn | CN¥3.40trn | CN¥3.26trn | CN¥3.19trn | CN¥3.27trn |
| Cash and short-term investments | — | — | — | CN¥345.04bn | CN¥380.20bn | CN¥353.81bn | CN¥424.41bn | CN¥321.12bn |
| Debt | CN¥619.96bn | CN¥664.12bn | CN¥639.85bn | CN¥256.07bn | CN¥800.69bn | CN¥914.64bn | CN¥738.18bn | CN¥894.88bn |
| Shareholders' equity | CN¥503.95bn | CN¥505.07bn | CN¥491.56bn | CN¥482.20bn | CN¥483.09bn | CN¥477.25bn | CN¥462.18bn | CN¥456.28bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 0.4% | 5.2% | 9.0% |
| Operating income | -5.2% | -1.5% | 6.4% |
| Net income | -8.5% | -2.8% | 4.1% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 9.8% | 9.9% | 10.3% | 10.5% |
| Operating margin | 3.9% | 4.2% | 4.7% | 5.2% |
| Net margin | 2.0% | 2.2% | 2.4% | 2.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 5.4 | 5.4 | 3.7 | 4.4 | 4.0 | 4.5 | 5.7 | 6.3 | 8.3 | 8.7 |
| 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 16 Jul 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.272 | 0.272 | 0.271 | 0.253 | 0.25 | 0.215 | 0.185 | 0.168 |
- 7-for-5 split · 29 Jun 2018
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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