Q 
79.01
+2.23%
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¥24.33bn
FY2016FY2025
Net income
CN¥837.1m
FY2016FY2025
Free cash flow
−CN¥1.33bn
FY2016FY2025
Shareholders' equity
CN¥6.85bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥24.33bn | CN¥18.59bn | CN¥13.86bn | CN¥14.23bn | CN¥11.26bn | CN¥6.11bn | CN¥4.13bn | CN¥2.70bn | CN¥1.66bn | CN¥572.8m |
| Gross profit | CN¥4.24bn | CN¥3.20bn | CN¥2.58bn | CN¥2.74bn | CN¥1.97bn | CN¥1.23bn | CN¥869.7m | CN¥549.8m | CN¥297.1m | CN¥131.6m |
| Research and development | CN¥1.95bn | CN¥1.67bn | CN¥1.60bn | CN¥1.33bn | CN¥1.02bn | CN¥706.7m | CN¥361.6m | CN¥163.6m | CN¥99.7m | CN¥50.0m |
| Operating income | CN¥866.3m | CN¥586.6m | CN¥82.4m | CN¥590.9m | CN¥324.8m | CN¥117.5m | CN¥145.4m | CN¥179.4m | CN¥70.3m | CN¥18.3m |
| Net income | CN¥837.1m | CN¥588.2m | CN¥90.7m | CN¥622.6m | CN¥358.1m | CN¥189.0m | CN¥148.0m | CN¥180.5m | CN¥81.5m | CN¥20.6m |
| Diluted earnings per share | 3.20 | 2.23 | 0.34 | 2.35 | 2.46 | 1.37 | 0.81 | 1.73 | 0.43 | 0.34 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥16.91bn | CN¥12.98bn | CN¥11.23bn | CN¥10.27bn | CN¥8.14bn | CN¥4.60bn | CN¥2.93bn | CN¥1.29bn | CN¥806.4m | CN¥299.2m |
| Cash and short-term investments | — | CN¥1.84bn | CN¥1.87bn | CN¥2.22bn | CN¥1.13bn | CN¥610.6m | CN¥902.3m | CN¥283.5m | CN¥126.3m | CN¥27.1m |
| Total liabilities | CN¥10.09bn | CN¥8.96bn | CN¥7.61bn | CN¥6.55bn | CN¥4.93bn | CN¥2.73bn | CN¥1.22bn | CN¥637.1m | CN¥341.0m | CN¥183.4m |
| Debt | CN¥444.3m | CN¥1.82bn | CN¥2.80bn | CN¥3.10bn | CN¥1.96bn | CN¥962.5m | CN¥236.5m | CN¥60.7m | — | CN¥55.7m |
| Shareholders' equity | CN¥6.85bn | CN¥4.04bn | CN¥3.63bn | CN¥3.72bn | CN¥3.21bn | CN¥1.87bn | CN¥1.71bn | CN¥655.3m | CN¥465.4m | CN¥115.9m |
| Shares outstanding | 262m | 264m | 264m | 265m | 145m | 138m | 182m | 104m | 190m | 60m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −CN¥658.2m | CN¥723.8m | CN¥1.04bn | CN¥501.7m | −CN¥488.1m | −CN¥398.5m | −CN¥143.9m | CN¥84.3m | CN¥16.9m | −CN¥53.9m |
| Capital spending | −CN¥668.5m | −CN¥273.4m | −CN¥285.3m | −CN¥339.6m | −CN¥928.0m | −CN¥551.5m | −CN¥234.0m | −CN¥72.4m | −CN¥30.9m | −CN¥13.5m |
| Free cash flow | −CN¥1.33bn | CN¥450.4m | CN¥751.5m | CN¥162.1m | −CN¥1.42bn | −CN¥950.0m | −CN¥377.9m | CN¥11.9m | −CN¥14.0m | −CN¥67.4m |
| Dividends paid | −CN¥309.4m | −CN¥161.7m | −CN¥279.9m | −CN¥143.8m | −CN¥89.0m | −CN¥53.3m | −CN¥3.5m | −CN¥2.2m | −CN¥1.2m | −CN¥1.3m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥8.51bn | CN¥6.75bn | CN¥6.45bn | CN¥6.33bn | CN¥6.33bn | CN¥5.22bn | CN¥5.35bn | CN¥5.00bn |
| Gross profit | CN¥1.70bn | CN¥1.15bn | CN¥1.07bn | CN¥1.12bn | CN¥1.05bn | CN¥929.9m | CN¥822.2m | CN¥901.2m |
| Operating income | CN¥603.0m | CN¥192.6m | CN¥137.7m | CN¥265.7m | CN¥223.9m | CN¥212.7m | CN¥232.7m | CN¥143.6m |
| Net income | CN¥461.0m | CN¥141.3m | CN¥103.6m | CN¥262.3m | CN¥259.3m | CN¥211.9m | CN¥231.6m | CN¥147.3m |
| Diluted earnings per share | 1.76 | 0.54 | 0.40 | 1.00 | 0.99 | 0.81 | 0.88 | 0.56 |
| Cash from operations | — | — | — | CN¥7.0m | −CN¥184.0m | −CN¥623.0m | CN¥416.0m | CN¥642.0m |
| Capital spending | −CN¥381.0m | −CN¥69.0m | −CN¥181.0m | −CN¥362.0m | −CN¥19.0m | −CN¥104.0m | −CN¥77.0m | −CN¥24.0m |
| Free cash flow | — | — | — | −CN¥355.0m | −CN¥203.0m | −CN¥727.0m | CN¥339.0m | CN¥618.0m |
| Total assets | CN¥21.78bn | CN¥18.95bn | CN¥16.91bn | CN¥14.65bn | CN¥13.91bn | CN¥13.69bn | CN¥12.98bn | CN¥11.76bn |
| Cash and short-term investments | — | — | — | CN¥894.1m | CN¥1.09bn | CN¥1.19bn | CN¥1.84bn | CN¥1.76bn |
| Debt | CN¥519.9m | CN¥503.5m | CN¥444.3m | CN¥3.24bn | CN¥1.87bn | CN¥3.34bn | CN¥1.35bn | CN¥2.35bn |
| Shareholders' equity | CN¥7.36bn | CN¥7.00bn | CN¥6.85bn | CN¥4.52bn | CN¥4.40bn | CN¥4.25bn | CN¥4.04bn | CN¥3.81bn |
Financial ratios
Data as of 25 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 17.4% | 17.2% | 18.6% | 19.2% | 17.5% | 20.2% |
| Operating margin | 3.6% | 3.2% | 0.6% | 4.2% | 2.9% | 1.9% |
| Net margin | 3.4% | 3.2% | 0.7% | 4.4% | 3.2% | 3.1% |
| Return on equity | 12.2% | 14.6% | 2.5% | 16.7% | 11.2% | 10.1% |
| Return on assets | 4.9% | 4.5% | 0.8% | 6.1% | 4.4% | 4.1% |
| Free cash flow yield | 0.1% | 5.2% | 6.9% | 4.4% | 4.2% | 1.5% |
| Revenue growth | 30.8% | 34.1% | -2.6% | 26.4% | 84.4% | 47.8% |
| Earnings growth | 42.3% | 548.5% | -85.4% | 73.9% | 89.4% | 27.7% |
| Current ratio | 1.50x | 1.29x | 1.53x | 1.50x | 1.42x | 1.40x |
| Debt to equity | 0.06x | 0.33x | 0.61x | 0.80x | 0.59x | 0.52x |
| Equity ratio | 40.5% | 31.1% | 32.3% | 36.2% | 39.4% | 40.6% |
| Interest coverage | 14.98x | 6.92x | 0.88x | 11.69x | 12.77x | 6.96x |
| R&D as a share of sales | 8.0% | 9.0% | 11.6% | 9.4% | 9.1% | 11.6% |
| Buybacks as a share of market value | 0.8% | 0.1% | 0.2% | -81.9% | -5.1% | 24.1% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 19.6% | 31.8% | 55.0% |
| Operating income | 13.6% | 49.1% | 42.3% |
| Net income | 10.4% | 34.7% | 41.3% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 17.3% | 18.0% | 18.1% | 18.3% |
| Operating margin | 3.4% | 3.0% | 2.9% | 3.1% |
| Net margin | 3.3% | 3.0% | 3.0% | 3.2% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Price to earnings | 29.8 | 30.7 | 156.5 | 30.6 | 45.5 | 57.8 | 45.2 |
| Price to sales | 1.0 | 1.0 | 1.0 | 1.3 | 1.4 | 1.8 | 1.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 6 years. Last went ex-dividend on 1 Jun 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Paid in the year | 0.38 | 0.693 | 0.264 | 0.714 | 0.378 | 0.154 | 0.126 |
- 7-for-5 split · 15 Jun 2023
- 13-for-10 split · 30 Jun 2022
- 13-for-10 split · 11 Jun 2021
- 6-for-5 split · 10 Jun 2020
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.