B 
4.51
-1.53%
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¥14.84bn
FY2016FY2025
Net income
CN¥225.3m
FY2016FY2025
Free cash flow
CN¥2.04bn
FY2016FY2025
Shareholders' equity
CN¥11.52bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥14.84bn | CN¥10.23bn | CN¥7.31bn | CN¥8.89bn | CN¥9.27bn | CN¥6.46bn | CN¥6.16bn | CN¥6.75bn | CN¥6.47bn | CN¥4.86bn |
| Research and development | CN¥173.2m | CN¥120.3m | CN¥68.4m | CN¥49.9m | CN¥28.3m | CN¥10.9m | CN¥21.1m | CN¥25.7m | CN¥19.2m | CN¥13.7m |
| Operating income | CN¥786.4m | CN¥155.6m | CN¥543.0m | CN¥1.71bn | CN¥2.22bn | CN¥766.0m | CN¥613.3m | CN¥1.10bn | CN¥1.18bn | CN¥537.0m |
| Net income | CN¥225.3m | CN¥219.2m | CN¥383.1m | CN¥1.18bn | CN¥1.63bn | CN¥507.2m | CN¥438.6m | CN¥701.8m | CN¥825.8m | CN¥358.8m |
| Diluted earnings per share | 0.11 | 0.11 | 0.19 | 0.64 | 0.97 | 0.34 | 0.28 | 0.46 | 0.55 | 0.24 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥24.26bn | CN¥22.96bn | CN¥21.13bn | CN¥18.08bn | CN¥16.80bn | CN¥14.15bn | CN¥11.07bn | CN¥10.66bn | CN¥7.91bn | CN¥7.18bn |
| Cash and short-term investments | — | CN¥764.2m | CN¥2.07bn | CN¥2.78bn | CN¥3.31bn | CN¥3.21bn | CN¥1.18bn | CN¥1.03bn | CN¥820.1m | CN¥553.2m |
| Total liabilities | CN¥12.11bn | CN¥11.57bn | CN¥9.61bn | CN¥6.65bn | CN¥6.51bn | CN¥6.70bn | CN¥4.66bn | CN¥4.46bn | CN¥2.13bn | CN¥2.13bn |
| Debt | CN¥4.22bn | CN¥8.10bn | CN¥7.42bn | CN¥4.58bn | CN¥4.56bn | CN¥5.33bn | CN¥3.39bn | CN¥3.25bn | CN¥1.38bn | CN¥1.58bn |
| Shareholders' equity | CN¥11.52bn | CN¥11.38bn | CN¥11.41bn | CN¥11.33bn | CN¥10.22bn | CN¥7.39bn | CN¥6.34bn | CN¥6.13bn | CN¥5.71bn | CN¥4.98bn |
| Shares outstanding | 1,995m | 1,957m | 2,037m | 1,828m | 1,679m | 1,473m | 1,591m | 1,541m | 1,514m | 1,489m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥2.87bn | CN¥486.1m | CN¥931.4m | CN¥1.38bn | CN¥2.33bn | CN¥1.03bn | CN¥672.2m | CN¥1.08bn | CN¥1.26bn | CN¥862.3m |
| Capital spending | −CN¥829.0m | −CN¥2.02bn | −CN¥2.40bn | −CN¥1.17bn | −CN¥2.38bn | −CN¥1.17bn | −CN¥311.0m | −CN¥512.3m | −CN¥443.9m | −CN¥233.2m |
| Free cash flow | CN¥2.04bn | −CN¥1.53bn | −CN¥1.47bn | CN¥207.0m | −CN¥53.8m | −CN¥142.0m | CN¥361.2m | CN¥565.8m | CN¥813.8m | CN¥629.2m |
| Dividends paid | −CN¥395.4m | −CN¥351.2m | −CN¥467.1m | −CN¥307.1m | −CN¥188.7m | −CN¥150.5m | −CN¥231.7m | −CN¥410.5m | −CN¥214.8m | −CN¥246.2m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥4.34bn | CN¥3.92bn | CN¥3.69bn | CN¥3.79bn | CN¥3.57bn | CN¥3.78bn | CN¥2.66bn | CN¥3.01bn |
| Operating income | CN¥330.5m | CN¥330.4m | CN¥175.2m | CN¥315.6m | CN¥83.2m | CN¥175.7m | −CN¥138.1m | CN¥68.5m |
| Net income | CN¥197.1m | CN¥146.4m | CN¥33.0m | CN¥80.8m | CN¥15.5m | CN¥96.0m | CN¥30.0m | CN¥84.1m |
| Diluted earnings per share | 0.10 | 0.07 | 0.02 | 0.04 | 0.01 | 0.05 | 0.02 | 0.04 |
| Cash from operations | — | — | — | CN¥168.0m | CN¥327.0m | CN¥983.0m | — | CN¥98.0m |
| Capital spending | −CN¥256.0m | −CN¥110.0m | −CN¥499.0m | −CN¥34.0m | −CN¥166.0m | −CN¥128.0m | −CN¥368.0m | −CN¥549.0m |
| Free cash flow | — | — | — | CN¥134.0m | CN¥161.0m | CN¥855.0m | — | −CN¥451.0m |
| Total assets | CN¥24.28bn | CN¥24.40bn | CN¥24.26bn | CN¥24.05bn | CN¥24.59bn | CN¥24.10bn | CN¥22.96bn | CN¥22.34bn |
| Cash and short-term investments | — | — | — | CN¥1.72bn | CN¥2.26bn | CN¥2.61bn | CN¥764.2m | CN¥1.16bn |
| Debt | CN¥4.09bn | CN¥4.25bn | CN¥4.22bn | CN¥4.65bn | CN¥8.24bn | CN¥8.47bn | CN¥7.86bn | CN¥8.93bn |
| Shareholders' equity | CN¥11.85bn | CN¥11.69bn | CN¥11.52bn | CN¥11.43bn | CN¥11.42bn | CN¥11.48bn | CN¥11.38bn | CN¥11.39bn |
Financial ratios
Data as of 5 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | 5.3% | 1.5% | 7.4% | 19.2% | 23.9% | 11.9% |
| Net margin | 1.5% | 2.1% | 5.2% | 13.3% | 17.5% | 7.9% |
| Return on equity | 2.0% | 1.9% | 3.4% | 10.4% | 15.9% | 6.9% |
| Return on assets | 0.9% | 1.0% | 1.8% | 6.5% | 9.7% | 3.6% |
| Free cash flow yield | 32.6% | 22.5% | 28.8% | 24.5% | 49.4% | 26.3% |
| Revenue growth | 45.1% | 40.0% | -17.8% | -4.1% | 43.5% | 4.8% |
| Earnings growth | 2.8% | -42.8% | -67.5% | -27.5% | 220.6% | 15.7% |
| Current ratio | 0.70x | 0.64x | 0.68x | 0.97x | 1.12x | 1.53x |
| Debt to equity | 0.37x | 0.69x | 0.64x | 0.37x | 0.45x | 0.62x |
| Equity ratio | 47.5% | 49.6% | 54.0% | 62.7% | 60.8% | 52.2% |
| Interest coverage | 2.53x | 0.60x | 4.74x | 8.52x | 11.35x | 4.19x |
| R&D as a share of sales | 1.2% | 1.2% | 0.9% | 0.6% | 0.3% | 0.2% |
| Buybacks as a share of market value | -2.0% | 4.0% | -11.4% | -8.9% | -14.0% | 7.4% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 18.6% | 18.1% | 11.9% |
| Operating income | -22.8% | 0.5% | 3.6% |
| Net income | -42.4% | -15.0% | -6.3% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 3.8% | 7.7% | 10.8% | 11.8% |
| Net margin | 1.8% | 4.9% | 7.3% | 8.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 37.6 | 33.5 | 22.4 | 8.0 | 8.2 | 15.3 | 18.5 | 9.3 | 11.5 | 23.3 |
| Price to sales | 0.6 | 0.7 | 1.2 | 1.1 | 1.4 | 1.2 | 1.3 | 1.0 | 1.5 | 1.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 15 years. Last went ex-dividend on 1 Jun 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.04 | 0.04 | 0.06 | 0.13 | 0.15 | 0.10 | 0.10 | 0.15 |
- 13-for-10 split · 17 Apr 2018
- 6-for-5 split · 25 Apr 2016
- 3-for-2 split · 15 Apr 2015
- 3-for-2 split · 10 Mar 2011
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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