A 
45.15
+0.47%
Close of 10 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¥6.02bn
FY2016FY2025
Net income
CN¥1.99bn
FY2016FY2025
Free cash flow
CN¥489.4m
FY2016FY2025
Shareholders' equity
CN¥10.64bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥6.02bn | CN¥7.34bn | CN¥6.77bn | CN¥5.51bn | CN¥4.60bn | CN¥3.45bn | CN¥3.78bn | CN¥3.49bn | CN¥3.14bn | CN¥3.04bn |
| Gross profit | CN¥4.37bn | CN¥5.42bn | CN¥4.80bn | CN¥3.74bn | CN¥3.07bn | CN¥2.29bn | CN¥2.40bn | CN¥2.11bn | CN¥1.89bn | CN¥1.86bn |
| Research and development | CN¥64.0m | CN¥81.3m | CN¥81.5m | CN¥61.2m | CN¥55.9m | CN¥39.5m | CN¥26.3m | CN¥15.0m | CN¥144,257 | CN¥19.3m |
| Operating income | CN¥2.63bn | CN¥3.44bn | CN¥3.01bn | CN¥2.28bn | CN¥1.82bn | CN¥1.27bn | CN¥1.27bn | CN¥1.05bn | CN¥903.3m | CN¥895.8m |
| Net income | CN¥1.99bn | CN¥2.59bn | CN¥2.28bn | CN¥1.71bn | CN¥1.39bn | CN¥953.4m | CN¥930.4m | CN¥778.7m | CN¥666.6m | CN¥683.0m |
| Diluted earnings per share | 2.48 | 3.25 | 2.85 | 2.13 | 1.74 | 1.15 | 1.14 | 0.94 | 0.81 | 0.86 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥13.82bn | CN¥13.39bn | CN¥11.69bn | CN¥10.06bn | CN¥8.63bn | CN¥7.38bn | CN¥6.97bn | CN¥6.42bn | CN¥5.89bn | CN¥5.65bn |
| Cash and short-term investments | — | CN¥3.85bn | CN¥4.42bn | CN¥3.33bn | CN¥2.15bn | CN¥1.94bn | CN¥2.12bn | CN¥882.1m | CN¥940.3m | CN¥976.9m |
| Total liabilities | CN¥3.16bn | CN¥3.52bn | CN¥3.31bn | CN¥3.09bn | CN¥2.64bn | CN¥2.22bn | CN¥2.20bn | CN¥2.08bn | CN¥1.76bn | CN¥1.71bn |
| Debt | CN¥461.6m | CN¥131.4m | CN¥25.5m | CN¥249,056 | CN¥40,330 | CN¥186.6m | CN¥176.3m | CN¥179.2m | CN¥140.7m | CN¥157.8m |
| Shareholders' equity | CN¥10.64bn | CN¥9.84bn | CN¥8.34bn | CN¥6.93bn | CN¥5.96bn | CN¥5.14bn | CN¥4.75bn | CN¥4.34bn | CN¥4.12bn | CN¥3.93bn |
| Shares outstanding | 800m | 798m | 800m | 800m | 799m | 829m | 819m | 829m | 819m | 795m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥1.23bn | CN¥1.91bn | CN¥2.20bn | CN¥1.84bn | CN¥1.52bn | CN¥728.8m | CN¥924.8m | CN¥891.8m | CN¥680.2m | CN¥704.3m |
| Capital spending | −CN¥745.0m | −CN¥902.7m | −CN¥575.3m | −CN¥416.5m | −CN¥267.7m | −CN¥208.6m | −CN¥303.7m | −CN¥356.2m | −CN¥293.8m | −CN¥145.1m |
| Free cash flow | CN¥489.4m | CN¥1.00bn | CN¥1.62bn | CN¥1.42bn | CN¥1.25bn | CN¥520.2m | CN¥621.2m | CN¥535.5m | CN¥386.4m | CN¥559.2m |
| Dividends paid | −CN¥1.21bn | −CN¥1.04bn | −CN¥880.5m | −CN¥724.3m | −CN¥562.9m | −CN¥560.0m | −CN¥560.0m | −CN¥560.0m | −CN¥480.0m | −CN¥400.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.19bn | CN¥2.23bn | CN¥1.50bn | CN¥1.36bn | CN¥1.11bn | CN¥2.05bn | CN¥1.83bn | CN¥1.73bn |
| Gross profit | CN¥844.2m | CN¥1.69bn | CN¥1.09bn | CN¥951.2m | CN¥756.7m | CN¥1.57bn | CN¥1.32bn | CN¥1.31bn |
| Operating income | CN¥402.5m | CN¥1.07bn | CN¥569.9m | CN¥483.8m | CN¥430.0m | CN¥1.10bn | CN¥756.5m | CN¥848.1m |
| Net income | CN¥327.1m | CN¥834.6m | CN¥474.5m | CN¥381.0m | CN¥301.7m | CN¥828.5m | CN¥583.1m | CN¥627.5m |
| Diluted earnings per share | 0.41 | 1.04 | 0.59 | 0.48 | 0.38 | 1.04 | 0.73 | 0.79 |
| Cash from operations | — | — | — | CN¥477.0m | −CN¥179.0m | CN¥495.0m | — | CN¥705.0m |
| Capital spending | −CN¥123.0m | −CN¥183.0m | −CN¥137.0m | −CN¥136.0m | −CN¥204.0m | −CN¥266.0m | −CN¥306.0m | −CN¥234.0m |
| Free cash flow | — | — | — | CN¥341.0m | −CN¥383.0m | CN¥229.0m | — | CN¥471.0m |
| Total assets | CN¥13.35bn | CN¥14.63bn | CN¥13.82bn | CN¥13.09bn | CN¥12.58bn | CN¥13.84bn | CN¥13.39bn | CN¥12.06bn |
| Cash and short-term investments | — | — | — | CN¥3.42bn | CN¥3.00bn | CN¥4.26bn | CN¥3.85bn | CN¥3.63bn |
| Debt | CN¥504.2m | CN¥499.3m | CN¥461.6m | CN¥485.3m | CN¥926.5m | CN¥958.6m | CN¥131.2m | CN¥12.8m |
| Shareholders' equity | CN¥10.60bn | CN¥11.47bn | CN¥10.64bn | CN¥10.16bn | CN¥9.77bn | CN¥10.67bn | CN¥9.84bn | CN¥9.26bn |
Financial ratios
Data as of 22 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2017 | |
|---|---|---|---|---|---|---|---|
| Gross margin | 72.5% | 73.8% | 70.9% | 67.9% | 66.7% | 66.3% | — |
| Operating margin | 43.6% | 46.9% | 44.5% | 41.4% | 39.5% | 36.9% | — |
| Net margin | 33.0% | 35.3% | 33.7% | 31.0% | 30.1% | 27.6% | — |
| Return on equity | 18.7% | 26.3% | 27.4% | 24.6% | 23.2% | 18.5% | — |
| Return on assets | 14.4% | 19.3% | 19.5% | 16.9% | 16.1% | 12.9% | — |
| Free cash flow yield | 6.4% | 9.1% | 8.9% | 7.3% | 5.7% | 2.9% | — |
| Revenue growth | -18.0% | 8.5% | 23.0% | 19.6% | 33.4% | -8.6% | — |
| Earnings growth | -23.3% | 13.4% | 33.9% | 23.0% | 45.4% | 2.5% | — |
| Current ratio | 3.86x | 3.08x | 2.84x | 2.62x | 2.60x | 2.57x | — |
| Debt to equity | 0.04x | 0.08x | 0.00x | — | 0.00x | — | 0.03x |
| Equity ratio | 76.9% | 73.5% | 71.3% | 68.9% | 69.1% | 69.7% | — |
| Interest coverage | 18878.72x | 3798.00x | 3561.40x | 3112.48x | 2421.99x | 2547.87x | — |
| R&D as a share of sales | 1.1% | 1.1% | 1.2% | 1.1% | 1.2% | 1.1% | — |
| Buybacks as a share of market value | -0.3% | 0.3% | 0.0% | -0.2% | 3.6% | -1.2% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 3.0% | 11.8% | 7.5% |
| Operating income | 4.8% | 15.6% | 13.8% |
| Net income | 5.2% | 15.8% | 14.1% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 73.2% | 71.5% | 70.3% | 67.2% |
| Operating margin | 45.4% | 44.3% | 42.9% | 38.5% |
| Net margin | 34.2% | 33.4% | 32.4% | 28.9% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 15.9 | 16.6 | 23.2 | 29.4 | 40.0 | 30.3 | 17.5 | 15.0 | 21.6 | 25.1 |
| Price to sales | 5.3 | 5.9 | 7.8 | 9.1 | 12.1 | 8.4 | 4.3 | 3.4 | 4.6 | 5.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 11 years. Last went ex-dividend on 12 Jun 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 1.50 | 1.50 | 1.30 | 1.10 | 0.90 | 0.70 | 0.70 | 0.70 |
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.