Z 
49.80
-1.68%
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¥5.85bn
FY2016FY2025
Net income
CN¥2.06bn
FY2016FY2025
Free cash flow
CN¥803.8m
FY2016FY2025
Shareholders' equity
CN¥8.10bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥5.85bn | CN¥4.04bn | CN¥3.33bn | CN¥4.77bn | CN¥4.05bn | CN¥2.72bn | CN¥3.93bn | CN¥4.45bn | CN¥3.90bn | CN¥2.70bn |
| Gross profit | CN¥2.96bn | CN¥1.20bn | CN¥445.8m | CN¥727.3m | CN¥904.2m | CN¥400.3m | CN¥1.15bn | CN¥1.76bn | CN¥1.63bn | CN¥948.2m |
| Research and development | CN¥110.1m | CN¥80.9m | CN¥53.1m | CN¥38.3m | CN¥26.8m | CN¥25.3m | CN¥23.1m | CN¥24.0m | CN¥22.2m | CN¥12.4m |
| Operating income | CN¥2.52bn | CN¥969.8m | CN¥298.7m | CN¥647.5m | CN¥712.8m | CN¥284.8m | CN¥822.4m | CN¥1.35bn | CN¥1.26bn | CN¥557.4m |
| Net income | CN¥2.06bn | CN¥778.5m | CN¥279.6m | CN¥485.6m | CN¥536.2m | CN¥221.8m | CN¥645.9m | CN¥1.11bn | CN¥954.2m | CN¥364.3m |
| Diluted earnings per share | 3.38 | 1.25 | 0.63 | 0.80 | 0.89 | 0.38 | 1.03 | 2.10 | 1.56 | 0.69 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥9.82bn | CN¥7.14bn | CN¥6.73bn | CN¥6.43bn | CN¥6.05bn | CN¥5.37bn | CN¥5.36bn | CN¥3.53bn | CN¥2.72bn | CN¥2.08bn |
| Cash and short-term investments | — | CN¥2.92bn | CN¥3.21bn | CN¥3.63bn | CN¥3.43bn | CN¥3.46bn | CN¥3.19bn | CN¥848.5m | CN¥695.2m | CN¥502.2m |
| Total liabilities | CN¥1.62bn | CN¥576.4m | CN¥836.5m | CN¥720.1m | CN¥762.8m | CN¥383.3m | CN¥402.0m | CN¥1.03bn | CN¥969.9m | CN¥1.24bn |
| Debt | — | CN¥73.1m | CN¥953,600 | CN¥119.3m | CN¥320.2m | CN¥120.6m | CN¥121.2m | CN¥504.0m | CN¥590.8m | CN¥787.7m |
| Shareholders' equity | CN¥8.10bn | CN¥6.44bn | CN¥5.89bn | CN¥5.71bn | CN¥5.29bn | CN¥4.98bn | CN¥4.95bn | CN¥2.49bn | CN¥1.75bn | CN¥841.7m |
| Shares outstanding | 610m | 623m | 443m | 610m | 603m | 578m | 627m | 527m | 610m | 526m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥2.16bn | CN¥709.4m | CN¥483.8m | CN¥628.7m | CN¥243.5m | CN¥519.8m | CN¥659.8m | CN¥1.22bn | CN¥790.7m | CN¥576.1m |
| Capital spending | −CN¥1.36bn | −CN¥736.9m | −CN¥648.7m | −CN¥428.7m | −CN¥142.7m | −CN¥98.6m | −CN¥154.6m | −CN¥173.0m | −CN¥88.9m | −CN¥119.0m |
| Free cash flow | CN¥803.8m | −CN¥27.5m | −CN¥164.9m | CN¥200.0m | CN¥100.8m | CN¥421.2m | CN¥505.2m | CN¥1.04bn | CN¥701.9m | CN¥457.1m |
| Dividends paid | −CN¥478.8m | −CN¥140.4m | −CN¥146.0m | −CN¥103.8m | −CN¥67.2m | −CN¥196.2m | −CN¥62.6m | −CN¥399.8m | −CN¥162.6m | −CN¥463.6m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥2.02bn | CN¥1.40bn | CN¥1.42bn | CN¥1.60bn | CN¥1.62bn | CN¥1.21bn | CN¥1.00bn | CN¥999.1m |
| Gross profit | CN¥1.03bn | CN¥746.9m | CN¥712.9m | CN¥847.2m | CN¥831.1m | CN¥565.9m | CN¥340.7m | CN¥311.3m |
| Operating income | CN¥897.3m | CN¥620.1m | CN¥581.5m | CN¥729.0m | CN¥741.4m | CN¥503.6m | CN¥259.2m | CN¥225.5m |
| Net income | CN¥564.5m | CN¥505.8m | CN¥470.2m | CN¥596.3m | CN¥594.1m | CN¥400.5m | CN¥217.7m | CN¥177.2m |
| Diluted earnings per share | 0.92 | 0.83 | 0.77 | 0.98 | 0.97 | 0.66 | 0.35 | 0.28 |
| Cash from operations | — | — | — | CN¥621.0m | CN¥577.0m | CN¥366.0m | CN¥392.0m | CN¥155.0m |
| Capital spending | −CN¥103.0m | −CN¥328.0m | −CN¥391.0m | −CN¥361.0m | −CN¥331.0m | −CN¥272.0m | −CN¥327.0m | −CN¥179.0m |
| Free cash flow | — | — | — | CN¥260.0m | CN¥246.0m | CN¥94.0m | CN¥65.0m | −CN¥24.0m |
| Total assets | CN¥10.64bn | CN¥10.60bn | CN¥9.82bn | CN¥9.36bn | CN¥8.53bn | CN¥7.93bn | CN¥7.16bn | CN¥7.00bn |
| Cash and short-term investments | — | — | — | CN¥3.72bn | CN¥3.36bn | CN¥3.16bn | CN¥2.92bn | CN¥2.93bn |
| Debt | CN¥701.7m | CN¥678.4m | CN¥598.8m | CN¥1.0m | CN¥389.5m | CN¥280.9m | CN¥121.0m | — |
| Shareholders' equity | CN¥8.48bn | CN¥8.62bn | CN¥8.10bn | CN¥7.61bn | CN¥7.19bn | CN¥6.87bn | CN¥6.44bn | CN¥6.22bn |
Financial ratios
Data as of 19 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 50.6% | 29.7% | 13.4% | 15.2% | 22.3% | 14.7% | — | — | — |
| Operating margin | 43.1% | 24.0% | 9.0% | 13.6% | 17.6% | 10.5% | — | — | — |
| Net margin | 35.2% | 19.3% | 8.4% | 10.2% | 13.2% | 8.2% | — | — | — |
| Return on equity | 25.5% | 12.1% | 4.7% | 8.5% | 10.1% | 4.5% | — | — | — |
| Return on assets | 21.0% | 10.9% | 4.2% | 7.6% | 8.9% | 4.1% | — | — | — |
| Free cash flow yield | 11.3% | 4.5% | 5.0% | 3.4% | 1.3% | 2.1% | — | — | — |
| Revenue growth | 44.8% | 21.2% | -30.1% | 17.8% | 48.8% | -30.9% | — | — | — |
| Earnings growth | 164.7% | 178.4% | -42.4% | -9.4% | 141.7% | -65.7% | — | — | — |
| Current ratio | 5.41x | 8.24x | 5.22x | 6.75x | 6.52x | 11.81x | — | — | — |
| Debt to equity | 0.07x | 0.02x | — | — | 0.00x | — | 0.16x | 0.27x | 0.92x |
| Equity ratio | 82.4% | 90.2% | 87.6% | 88.8% | 87.4% | 92.9% | — | — | — |
| Interest coverage | 52515.25x | 194.02x | 83.10x | 308.38x | 393.05x | 114.72x | — | — | — |
| R&D as a share of sales | 1.9% | 2.0% | 1.6% | 0.8% | 0.7% | 0.9% | — | — | — |
| Buybacks as a share of market value | 2.1% | -40.8% | 27.5% | -1.2% | -4.3% | 7.8% | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 7.0% | 16.5% | 9.9% |
| Operating income | 57.3% | 54.7% | 25.0% |
| Net income | 61.9% | 56.2% | 25.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 42.1% | 29.6% | 26.8% | 30.2% |
| Operating margin | 35.3% | 24.7% | 21.9% | 23.1% |
| Net margin | 28.7% | 20.0% | 17.6% | 18.2% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Price to earnings | 18.0 | 30.7 | 53.8 | 35.8 | 25.6 | 49.8 | 18.5 |
| Price to sales | 6.3 | 5.9 | 4.5 | 3.6 | 3.4 | 4.1 | 3.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 6 years. Last went ex-dividend on 20 Oct 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Paid in the year | 0.77 | 0.23 | 0.239 | 0.17 | 0.11 | 0.321 |
- 7-for-5 split · 2 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.