Z 
8.69
+2.12%
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¥3.02bn
FY2016FY2025
Net income
CN¥84.9m
FY2016FY2025
Free cash flow
CN¥474.0m
FY2016FY2025
Shareholders' equity
CN¥931.9m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥3.02bn | CN¥2.23bn | CN¥1.43bn | CN¥1.42bn | CN¥1.70bn | CN¥1.43bn | CN¥1.46bn | CN¥958.0m | CN¥783.1m | CN¥361.1m |
| Gross profit | CN¥531.3m | CN¥396.4m | CN¥279.5m | CN¥182.0m | CN¥264.8m | CN¥290.3m | CN¥169.6m | CN¥251.2m | CN¥203.9m | CN¥117.5m |
| Research and development | CN¥128.3m | CN¥108.7m | CN¥82.6m | CN¥94.7m | CN¥43.9m | CN¥51.2m | CN¥71.6m | CN¥48.3m | CN¥42.9m | CN¥30.1m |
| Operating income | CN¥156.9m | CN¥23.9m | CN¥13.0m | −CN¥251.7m | CN¥20.3m | CN¥47.4m | −CN¥570.4m | CN¥36.0m | CN¥79.6m | CN¥37.4m |
| Net income | CN¥84.9m | −CN¥16.5m | CN¥14.2m | −CN¥273.2m | CN¥28.2m | CN¥50.5m | −CN¥535.1m | CN¥36.5m | CN¥70.1m | CN¥35.2m |
| Diluted earnings per share | 0.23 | -0.04 | 0.11 | -0.58 | 0.09 | 0.14 | -1.67 | 0.14 | 0.23 | 0.12 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥3.58bn | CN¥3.39bn | CN¥2.61bn | CN¥2.38bn | CN¥2.58bn | CN¥2.40bn | CN¥2.07bn | CN¥2.32bn | CN¥1.53bn | CN¥1.09bn |
| Cash and short-term investments | — | CN¥386.1m | CN¥166.2m | CN¥211.2m | CN¥183.0m | CN¥217.5m | CN¥111.8m | CN¥109.6m | CN¥124.3m | CN¥295.2m |
| Total liabilities | CN¥2.64bn | CN¥2.53bn | CN¥1.72bn | CN¥1.47bn | CN¥1.54bn | CN¥1.39bn | CN¥1.60bn | CN¥1.33bn | CN¥544.5m | CN¥167.3m |
| Debt | CN¥209.3m | CN¥862.6m | CN¥549.5m | CN¥541.1m | CN¥607.9m | CN¥482.8m | CN¥825.7m | CN¥680.6m | CN¥90.0m | CN¥32.3m |
| Shareholders' equity | CN¥931.9m | CN¥859.9m | CN¥882.1m | CN¥912.9m | CN¥1.04bn | CN¥1.01bn | CN¥476.6m | CN¥995.7m | CN¥981.7m | CN¥922.5m |
| Shares outstanding | 373m | 451m | 131m | 467m | 325m | 356m | 320m | 253m | 302m | 305m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥576.2m | CN¥32.4m | CN¥50.1m | CN¥89.5m | CN¥87.4m | CN¥50.2m | CN¥16.1m | −CN¥62.5m | −CN¥117.9m | CN¥39.3m |
| Capital spending | −CN¥102.1m | −CN¥226.8m | −CN¥166.2m | −CN¥128.3m | −CN¥145.4m | −CN¥76.2m | −CN¥128.6m | −CN¥196.8m | −CN¥150.3m | −CN¥141.0m |
| Free cash flow | CN¥474.0m | −CN¥194.3m | −CN¥116.2m | −CN¥38.8m | −CN¥57.9m | −CN¥26.0m | −CN¥112.6m | −CN¥259.3m | −CN¥268.3m | −CN¥101.7m |
| Dividends paid | −CN¥22.8m | −CN¥22.9m | −CN¥20.0m | −CN¥21.3m | −CN¥21.1m | −CN¥32.8m | −CN¥11.6m | −CN¥38.8m | −CN¥12.4m | −CN¥11.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥750.1m | CN¥780.3m | CN¥1.16bn | CN¥699.2m | CN¥616.5m | CN¥539.3m | CN¥772.6m | CN¥577.5m |
| Gross profit | CN¥169.7m | CN¥117.4m | CN¥172.4m | CN¥181.1m | CN¥72.9m | CN¥104.9m | CN¥111.4m | CN¥129.5m |
| Operating income | CN¥58.0m | CN¥28.9m | CN¥80.9m | CN¥40.4m | CN¥8.8m | CN¥28.7m | −CN¥17.2m | CN¥9.5m |
| Net income | CN¥25.5m | CN¥25.1m | CN¥34.6m | CN¥27.1m | CN¥2.4m | CN¥20.9m | −CN¥42.7m | CN¥10.5m |
| Diluted earnings per share | 0.07 | 0.07 | 0.09 | 0.07 | 0.01 | 0.06 | -0.09 | 0.02 |
| Cash from operations | — | — | — | CN¥99.0m | CN¥112.0m | CN¥75.0m | — | CN¥58.0m |
| Capital spending | −CN¥33.0m | −CN¥6.0m | — | −CN¥44.0m | −CN¥44.0m | −CN¥38.0m | −CN¥83.0m | −CN¥15.0m |
| Free cash flow | — | — | — | CN¥55.0m | CN¥68.0m | CN¥37.0m | — | CN¥43.0m |
| Total assets | CN¥3.57bn | CN¥3.60bn | CN¥3.58bn | CN¥3.51bn | CN¥3.40bn | CN¥3.51bn | CN¥3.39bn | CN¥3.15bn |
| Cash and short-term investments | — | — | — | CN¥178.4m | CN¥245.7m | CN¥366.3m | CN¥386.1m | CN¥257.9m |
| Debt | CN¥55.5m | CN¥151.7m | CN¥209.3m | CN¥871.4m | CN¥802.3m | CN¥839.0m | CN¥812.8m | CN¥696.4m |
| Shareholders' equity | CN¥996.6m | CN¥967.5m | CN¥931.9m | CN¥891.4m | CN¥851.9m | CN¥870.4m | CN¥859.9m | CN¥897.9m |
Financial ratios
Data as of 18 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 17.6% | 17.8% | 19.6% | 12.8% | 15.5% | 20.3% |
| Operating margin | 4.8% | 1.1% | 2.4% | -17.7% | 2.5% | 5.6% |
| Net margin | 2.8% | -0.7% | 1.0% | -19.2% | 1.7% | 3.5% |
| Return on equity | 9.1% | -1.9% | 1.6% | -29.9% | 2.7% | 5.0% |
| Return on assets | 2.4% | -0.5% | 0.5% | -11.5% | 1.1% | 2.1% |
| Free cash flow yield | 18.4% | 5.8% | 16.7% | 4.7% | 7.3% | 3.6% |
| Revenue growth | 35.4% | 56.3% | 0.1% | -16.4% | 19.3% | -2.0% |
| Earnings growth | -615.1% | -216.3% | -105.2% | -1068.8% | -44.2% | -109.4% |
| Current ratio | 0.86x | 0.91x | 0.98x | 1.09x | 1.03x | 0.98x |
| Debt to equity | 0.22x | 0.95x | 0.66x | 0.52x | 0.53x | 0.48x |
| Equity ratio | 26.1% | 25.3% | 33.8% | 38.3% | 40.2% | 42.0% |
| Interest coverage | 6.04x | 0.79x | 1.54x | -9.96x | 1.86x | 2.40x |
| R&D as a share of sales | 4.2% | 4.9% | 5.8% | 6.6% | 2.6% | 3.6% |
| Buybacks as a share of market value | 17.3% | -243.7% | 71.9% | -43.8% | 8.7% | -11.4% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 28.4% | 16.2% | 26.3% |
| Operating income | — | 27.1% | 15.1% |
| Net income | — | 10.9% | 9.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 17.7% | 17.2% | 17.3% | 18.5% |
| Operating margin | 3.4% | -0.7% | 0.1% | -2.4% |
| Net margin | 1.3% | -2.4% | -1.0% | -3.1% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 52.2 | -297.2 | 94.5 | -18.2 | 91.7 | 72.0 | -4.9 | 53.4 | 87.3 | 167.7 |
| Price to sales | 1.5 | 2.2 | 0.9 | 3.5 | 1.5 | 2.5 | 1.8 | 2.0 | 7.8 | 16.4 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 15 Jul 2019.
| FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|
| Paid in the year | 0.04 | 0.077 | 0.039 | 0.04 |
- 13-for-10 split · 27 Sept 2018
- 2-for-1 split · 15 Jun 2017
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.