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17.55
-3.20%
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¥71.56bn
FY2016FY2025
Net income
CN¥1.02bn
FY2016FY2025
Free cash flow
−CN¥2.69bn
FY2016FY2025
Shareholders' equity
CN¥17.97bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥71.56bn | CN¥67.09bn | CN¥61.47bn | CN¥50.79bn | CN¥44.77bn | CN¥36.98bn | CN¥34.15bn | CN¥32.66bn | CN¥22.96bn | CN¥17.48bn |
| Gross profit | CN¥7.28bn | CN¥3.65bn | CN¥3.49bn | CN¥1.70bn | CN¥4.67bn | CN¥1.80bn | CN¥2.89bn | CN¥2.88bn | CN¥2.82bn | CN¥1.61bn |
| Research and development | CN¥1.35bn | CN¥1.21bn | CN¥1.20bn | CN¥1.08bn | CN¥915.2m | CN¥602.3m | CN¥684.2m | CN¥644.9m | CN¥518.2m | CN¥228.2m |
| Operating income | CN¥1.61bn | CN¥1.67bn | CN¥1.41bn | −CN¥529.7m | CN¥3.17bn | CN¥898.4m | CN¥1.74bn | CN¥1.91bn | CN¥2.05bn | CN¥1.10bn |
| Net income | CN¥1.02bn | CN¥1.10bn | CN¥1.09bn | −CN¥205.5m | CN¥2.25bn | CN¥603.0m | CN¥1.35bn | CN¥1.42bn | CN¥1.50bn | CN¥731.6m |
| Diluted earnings per share | 0.68 | 0.74 | 0.72 | -0.14 | 1.50 | 0.51 | 1.12 | 1.20 | 1.26 | 0.71 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥56.77bn | CN¥53.05bn | CN¥45.14bn | CN¥41.30bn | CN¥37.51bn | CN¥28.40bn | CN¥22.90bn | CN¥17.17bn | CN¥11.05bn | CN¥8.62bn |
| Cash and short-term investments | — | CN¥10.18bn | CN¥8.11bn | CN¥6.30bn | CN¥5.65bn | CN¥3.40bn | CN¥2.30bn | CN¥2.50bn | CN¥1.45bn | CN¥496.6m |
| Total liabilities | CN¥38.76bn | CN¥35.77bn | CN¥28.34bn | CN¥25.60bn | CN¥21.08bn | CN¥16.36bn | CN¥11.24bn | CN¥8.93bn | CN¥4.49bn | CN¥5.27bn |
| Debt | CN¥8.53bn | CN¥23.88bn | CN¥19.58bn | CN¥20.00bn | CN¥15.68bn | CN¥12.04bn | CN¥7.90bn | CN¥5.88bn | CN¥2.73bn | CN¥2.83bn |
| Shareholders' equity | CN¥17.97bn | CN¥17.26bn | CN¥16.80bn | CN¥15.70bn | CN¥16.42bn | CN¥12.04bn | CN¥11.66bn | CN¥8.24bn | CN¥6.56bn | CN¥3.11bn |
| Shares outstanding | 1,495m | 1,483m | 1,508m | 1,516m | 1,499m | 1,190m | 1,204m | 1,187m | 1,186m | 1,032m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥4.72bn | CN¥6.79bn | CN¥3.66bn | CN¥3.19bn | CN¥3.14bn | CN¥3.18bn | CN¥1.82bn | CN¥979.3m | CN¥1.77bn | CN¥1.70bn |
| Capital spending | −CN¥7.41bn | −CN¥7.06bn | −CN¥3.35bn | −CN¥5.38bn | −CN¥6.29bn | −CN¥6.04bn | −CN¥5.21bn | −CN¥3.64bn | −CN¥1.31bn | −CN¥819.2m |
| Free cash flow | −CN¥2.69bn | −CN¥264.9m | CN¥310.7m | −CN¥2.19bn | −CN¥3.15bn | −CN¥2.86bn | −CN¥3.38bn | −CN¥2.66bn | CN¥465.3m | CN¥883.1m |
| Dividends paid | −CN¥916.5m | −CN¥1.18bn | −CN¥790.6m | −CN¥339.8m | −CN¥181.5m | −CN¥181.9m | −CN¥153.2m | −CN¥300.6m | −CN¥202.2m | −CN¥191.3m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥23.16bn | CN¥17.53bn | CN¥20.01bn | CN¥18.05bn | CN¥18.93bn | CN¥14.56bn | CN¥17.89bn | CN¥17.92bn |
| Gross profit | CN¥2.13bn | CN¥1.28bn | CN¥753.0m | CN¥1.02bn | CN¥1.08bn | CN¥948.2m | CN¥886.3m | CN¥916.5m |
| Operating income | CN¥1.43bn | CN¥724.3m | CN¥302.0m | CN¥370.7m | CN¥363.7m | CN¥440.9m | CN¥364.9m | CN¥346.5m |
| Net income | CN¥1.07bn | CN¥367.6m | CN¥149.5m | — | CN¥402.5m | CN¥306.7m | CN¥354.9m | CN¥140.9m |
| Diluted earnings per share | 0.72 | 0.25 | 0.10 | 0.10 | 0.27 | 0.21 | 0.24 | 0.10 |
| Cash from operations | — | — | — | CN¥1.87bn | CN¥3.79bn | −CN¥4.32bn | — | CN¥4.76bn |
| Capital spending | −CN¥854.0m | −CN¥1.12bn | −CN¥1.15bn | −CN¥1.98bn | −CN¥2.28bn | −CN¥2.00bn | −CN¥1.92bn | −CN¥1.93bn |
| Free cash flow | — | — | — | −CN¥102.0m | CN¥1.51bn | −CN¥6.32bn | — | CN¥2.83bn |
| Total assets | CN¥66.06bn | CN¥67.08bn | CN¥56.77bn | CN¥59.98bn | CN¥57.45bn | CN¥61.41bn | CN¥53.05bn | CN¥53.36bn |
| Cash and short-term investments | — | — | — | CN¥10.93bn | CN¥10.19bn | CN¥13.08bn | CN¥10.18bn | CN¥10.97bn |
| Debt | CN¥6.06bn | CN¥7.27bn | CN¥8.53bn | CN¥24.59bn | CN¥29.46bn | CN¥33.14bn | CN¥23.88bn | CN¥25.38bn |
| Shareholders' equity | CN¥21.78bn | CN¥21.03bn | CN¥17.97bn | CN¥17.79bn | CN¥17.62bn | CN¥17.56bn | CN¥17.26bn | CN¥16.90bn |
Financial ratios
Data as of 21 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 10.2% | 5.4% | 5.7% | 3.4% | 10.4% | 4.9% |
| Operating margin | 2.3% | 2.5% | 2.3% | -1.0% | 7.1% | 2.4% |
| Net margin | 1.4% | 1.6% | 1.8% | -0.4% | 5.0% | 1.6% |
| Return on equity | 5.7% | 6.4% | 6.5% | -1.3% | 13.7% | 5.0% |
| Return on assets | 1.8% | 2.1% | 2.4% | -0.5% | 6.0% | 2.1% |
| Free cash flow yield | 45.7% | 52.7% | 26.2% | 31.9% | 35.5% | 43.7% |
| Revenue growth | 6.7% | 9.1% | 21.0% | 13.4% | 21.1% | 8.3% |
| Earnings growth | -7.5% | 1.3% | -628.4% | -109.1% | 273.8% | -55.4% |
| Current ratio | 0.59x | 0.67x | 0.87x | 0.78x | 0.93x | 0.64x |
| Debt to equity | 0.47x | 1.63x | 1.17x | 1.27x | 0.91x | 1.00x |
| Equity ratio | 31.6% | 32.5% | 37.2% | 38.0% | 43.8% | 42.4% |
| Interest coverage | 2.50x | 1.92x | 1.60x | -0.65x | 5.15x | 2.37x |
| R&D as a share of sales | 1.9% | 1.8% | 1.9% | 2.1% | 2.0% | 1.6% |
| Buybacks as a share of market value | -0.8% | 1.7% | 0.5% | -1.1% | -25.9% | 1.1% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 12.1% | 14.1% | 17.2% |
| Operating income | — | 12.4% | 21.1% |
| Net income | — | 11.0% | 12.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 7.9% | 6.4% | 6.8% | 7.4% |
| Operating margin | 2.4% | 1.7% | 2.5% | 3.4% |
| Net margin | 1.5% | 1.2% | 1.8% | 2.5% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 28.6 | 15.0 | 19.7 | -80.2 | 9.9 | 27.4 | 11.0 | 11.2 | 14.5 |
| Price to sales | 0.4 | 0.3 | 0.3 | 0.3 | 0.5 | 0.5 | 0.4 | 0.5 | 0.9 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 30 May 2024.
| FY2024 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|
| Paid in the year | 0.255 | 0.225 | 0.13 | 0.13 | 0.129 | 0.133 |
- 7-for-5 split · 28 Mar 2019
- 7-for-5 split · 21 Mar 2018
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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