A 
38.87
+5.74%
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¥2.72bn
FY2018FY2025
Net income
CN¥126.6m
FY2018FY2025
Free cash flow
CN¥214.6m
FY2018FY2025
Shareholders' equity
CN¥1.85bn
FY2018FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥2.72bn | CN¥2.66bn | CN¥2.48bn | CN¥2.38bn | CN¥2.20bn | CN¥2.06bn | CN¥1.96bn | CN¥1.83bn |
| Gross profit | CN¥654.9m | CN¥653.0m | CN¥612.6m | CN¥545.0m | CN¥521.6m | CN¥537.5m | CN¥400.6m | CN¥352.7m |
| Research and development | CN¥27.5m | CN¥27.4m | CN¥19.5m | CN¥12.3m | CN¥8.1m | CN¥7.6m | CN¥6.0m | CN¥2.2m |
| Operating income | CN¥379.1m | CN¥375.1m | CN¥372.5m | CN¥340.7m | CN¥318.4m | CN¥378.5m | CN¥231.1m | CN¥180.6m |
| Net income | CN¥126.6m | CN¥125.5m | CN¥118.3m | CN¥113.5m | CN¥93.3m | CN¥119.8m | CN¥63.3m | CN¥38.3m |
| Diluted earnings per share | 1.17 | 1.18 | 1.48 | 1.06 | 1.16 | 1.11 | 0.59 | 0.35 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥3.80bn | CN¥3.62bn | CN¥3.34bn | CN¥2.61bn | CN¥2.38bn | CN¥2.23bn | CN¥1.81bn | — |
| Cash and short-term investments | — | CN¥1.62bn | CN¥1.61bn | CN¥1.12bn | CN¥996.5m | CN¥973.2m | CN¥498.9m | — |
| Total liabilities | CN¥945.8m | CN¥860.1m | CN¥714.3m | CN¥660.5m | CN¥668.1m | CN¥627.0m | CN¥717.8m | — |
| Debt | CN¥25.1m | CN¥172.1m | CN¥160.5m | CN¥168.8m | CN¥199.0m | CN¥90.5m | CN¥137.0m | — |
| Shareholders' equity | CN¥1.85bn | CN¥1.79bn | CN¥1.71bn | CN¥1.12bn | CN¥1.00bn | CN¥915.3m | CN¥490.5m | — |
| Shares outstanding | 108m | 106m | 80m | 108m | 80m | 108m | 108m | 108m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥477.0m | CN¥400.8m | CN¥305.1m | CN¥332.4m | CN¥367.3m | CN¥440.7m | CN¥275.2m | — |
| Capital spending | −CN¥262.3m | −CN¥217.2m | −CN¥188.2m | −CN¥162.8m | −CN¥77.5m | −CN¥103.9m | −CN¥165.0m | — |
| Free cash flow | CN¥214.6m | CN¥183.6m | CN¥116.9m | CN¥169.6m | CN¥289.8m | CN¥336.8m | CN¥110.2m | — |
| Dividends paid | −CN¥78.4m | −CN¥57.3m | −CN¥2.1m | −CN¥2.2m | −CN¥32.1m | −CN¥32.5m | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥697.6m | CN¥661.5m | CN¥699.0m | CN¥683.8m | CN¥686.1m | CN¥646.5m | CN¥725.9m | CN¥674.5m |
| Gross profit | CN¥180.5m | CN¥159.3m | CN¥174.5m | CN¥165.5m | CN¥164.7m | CN¥150.2m | CN¥184.1m | CN¥165.6m |
| Operating income | CN¥117.5m | CN¥97.1m | CN¥94.1m | CN¥100.3m | CN¥99.4m | CN¥70.7m | CN¥115.1m | CN¥98.9m |
| Net income | CN¥41.2m | CN¥23.3m | CN¥36.6m | CN¥33.4m | CN¥35.3m | CN¥21.2m | CN¥39.4m | CN¥33.2m |
| Diluted earnings per share | 0.38 | 0.22 | 0.34 | 0.31 | 0.33 | 0.20 | 0.37 | 0.31 |
| Cash from operations | — | — | — | CN¥125.0m | CN¥116.0m | −CN¥191.0m | — | CN¥142.0m |
| Capital spending | −CN¥12.0m | −CN¥20.0m | −CN¥127.0m | −CN¥37.0m | −CN¥53.0m | −CN¥43.0m | −CN¥98.0m | −CN¥34.0m |
| Free cash flow | — | — | — | CN¥88.0m | CN¥63.0m | −CN¥234.0m | — | CN¥108.0m |
| Total assets | CN¥3.85bn | CN¥3.81bn | CN¥3.80bn | CN¥3.69bn | CN¥3.65bn | CN¥3.60bn | CN¥3.62bn | CN¥3.50bn |
| Cash and short-term investments | — | — | — | CN¥1.42bn | CN¥1.42bn | CN¥1.41bn | CN¥1.62bn | CN¥1.38bn |
| Debt | CN¥50.0m | CN¥25.1m | CN¥25.1m | CN¥102.8m | CN¥118.3m | CN¥102.3m | CN¥80.8m | CN¥89.4m |
| Shareholders' equity | CN¥1.88bn | CN¥1.87bn | CN¥1.85bn | CN¥1.81bn | CN¥1.80bn | CN¥1.82bn | CN¥1.79bn | CN¥1.75bn |
Financial ratios
Data as of 21 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 24.1% | 24.6% | 24.7% | 22.9% | 23.7% | 26.0% |
| Operating margin | 14.4% | 14.4% | 15.1% | 14.6% | 14.6% | 18.5% |
| Net margin | 4.7% | 4.7% | 4.8% | 4.8% | 4.2% | 5.8% |
| Return on equity | 6.9% | 7.0% | 6.9% | 10.1% | 9.3% | 13.1% |
| Return on assets | 3.3% | 3.5% | 3.5% | 4.3% | 3.9% | 5.4% |
| Free cash flow yield | — | 8.6% | 8.7% | 7.0% | 10.4% | — |
| Revenue growth | 2.2% | 6.9% | 4.4% | 8.3% | 6.5% | 5.4% |
| Earnings growth | 0.9% | 6.1% | 4.2% | 21.6% | -22.1% | 89.2% |
| Current ratio | 2.48x | 2.85x | 3.42x | 2.55x | 2.27x | 1.94x |
| Debt to equity | 0.01x | 0.05x | 0.04x | 0.04x | 0.06x | 0.05x |
| Equity ratio | 48.5% | 49.5% | 51.3% | 43.0% | 42.2% | 41.0% |
| Interest coverage | 50.59x | 39.48x | 47.01x | 39.60x | 33.90x | 78.43x |
| R&D as a share of sales | 1.0% | 1.0% | 0.8% | 0.5% | 0.4% | 0.4% |
| Buybacks as a share of market value | -1.7% | -32.8% | 25.7% | -33.9% | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 4.5% | 5.6% | — |
| Operating income | 3.6% | 0.0% | — |
| Net income | 3.7% | 1.1% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 24.3% | 24.1% | 24.3% | — |
| Operating margin | 14.0% | 14.3% | 14.9% | — |
| Net margin | 4.7% | 4.7% | 4.8% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | |
|---|---|---|---|
| Price to earnings | 32.4 | 25.3 | 29.1 |
| Price to sales | 1.5 | 1.2 | 1.4 |
Dividends and splits
Per share, in the currency the company pays
Paid for 2 years. Last went ex-dividend on 8 Jun 2026.
| FY2026 | FY2025 | FY2024 | |
|---|---|---|---|
| Paid in the year | 0.35 | 0.70 | 0.50 |
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.