24.65
+1.82%
Close of 9 Nov 2026, in CNY
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At a glance
Figures in CNY, from our data supplier.
Revenue
CN¥943.7m
FY2016FY2025
Net income
CN¥52.2m
FY2016FY2025
Free cash flow
−CN¥13.8m
FY2016FY2025
Shareholders' equity
CN¥1.77bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥943.7m | CN¥821.0m | CN¥792.9m | CN¥916.4m | CN¥1.24bn | CN¥630.9m | CN¥579.7m | CN¥611.3m | CN¥540.0m | CN¥370.1m |
| Gross profit | CN¥284.6m | CN¥186.9m | CN¥197.6m | CN¥329.1m | CN¥483.6m | CN¥131.6m | CN¥103.7m | CN¥142.3m | CN¥152.9m | CN¥132.7m |
| Research and development | CN¥43.9m | CN¥48.7m | CN¥36.6m | CN¥50.6m | CN¥57.9m | CN¥27.6m | CN¥21.6m | CN¥20.2m | CN¥17.5m | CN¥18.7m |
| Operating income | CN¥57.8m | CN¥92.7m | CN¥118.1m | CN¥222.5m | CN¥291.0m | CN¥45.4m | CN¥27.3m | CN¥69.2m | CN¥95.6m | CN¥80.3m |
| Net income | CN¥52.2m | CN¥87.6m | CN¥101.3m | CN¥188.5m | CN¥244.6m | CN¥38.6m | CN¥11.4m | CN¥36.4m | CN¥64.5m | CN¥59.0m |
| Diluted earnings per share | 0.12 | 0.24 | 0.27 | 0.48 | 0.64 | 0.10 | 0.03 | 0.12 | 0.22 | 0.19 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥2.17bn | CN¥2.15bn | CN¥2.04bn | CN¥2.06bn | CN¥2.11bn | CN¥1.38bn | CN¥1.18bn | CN¥1.20bn | CN¥1.27bn | CN¥700.9m |
| Cash and short-term investments | — | CN¥438.2m | CN¥411.5m | CN¥576.9m | CN¥667.7m | CN¥185.1m | CN¥152.3m | CN¥95.3m | CN¥294.2m | CN¥199.0m |
| Total liabilities | CN¥386.0m | CN¥381.9m | CN¥271.6m | CN¥243.8m | CN¥445.0m | CN¥480.9m | CN¥351.3m | CN¥465.1m | CN¥567.9m | CN¥98.0m |
| Debt | — | CN¥2.8m | CN¥8.1m | CN¥23.3m | CN¥136.1m | CN¥243.1m | CN¥170.8m | CN¥330.5m | CN¥347.1m | — |
| Shareholders' equity | CN¥1.77bn | CN¥1.76bn | CN¥1.75bn | CN¥1.80bn | CN¥1.65bn | CN¥813.6m | CN¥744.4m | CN¥636.8m | CN¥626.2m | CN¥545.5m |
| Shares outstanding | 433m | 372m | 371m | 389m | 384m | 385m | 385m | 303m | 290m | 307m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥122.2m | CN¥109.5m | CN¥272.8m | CN¥337.9m | CN¥349.2m | CN¥149.6m | CN¥201.3m | CN¥47.7m | CN¥134.1m | CN¥95.6m |
| Capital spending | −CN¥136.0m | −CN¥109.1m | −CN¥102.6m | −CN¥143.3m | −CN¥236.7m | −CN¥242.8m | −CN¥66.9m | −CN¥184.0m | −CN¥397.2m | −CN¥76.6m |
| Free cash flow | −CN¥13.8m | CN¥454,465 | CN¥170.2m | CN¥194.5m | CN¥112.5m | −CN¥93.3m | CN¥134.4m | −CN¥136.3m | −CN¥263.1m | CN¥19.1m |
| Dividends paid | −CN¥30.8m | −CN¥30.7m | −CN¥58.4m | −CN¥75.5m | −CN¥71.7m | −CN¥13.6m | −CN¥14.3m | −CN¥33.7m | −CN¥23.5m | −CN¥27.8m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥296.4m | CN¥249.2m | CN¥226.0m | CN¥258.8m | CN¥258.4m | CN¥200.5m | CN¥203.5m | CN¥224.5m |
| Gross profit | CN¥66.6m | CN¥50.5m | CN¥43.1m | CN¥55.6m | CN¥41.4m | CN¥35.8m | CN¥34.7m | CN¥55.6m |
| Operating income | CN¥30.8m | CN¥24.6m | CN¥13.5m | CN¥18.7m | CN¥12.9m | CN¥10.1m | −CN¥3.0m | CN¥29.8m |
| Net income | CN¥27.6m | CN¥23.0m | CN¥17.2m | CN¥13.0m | CN¥13.4m | CN¥8.7m | CN¥3.2m | CN¥27.0m |
| Diluted earnings per share | 0.06 | 0.05 | 0.04 | 0.03 | 0.03 | 0.02 | 0.01 | 0.07 |
| Cash from operations | — | — | — | CN¥25.0m | CN¥22.0m | CN¥27.0m | CN¥47.0m | CN¥10.0m |
| Capital spending | −CN¥39.0m | −CN¥27.0m | −CN¥23.0m | −CN¥38.0m | −CN¥45.0m | −CN¥28.0m | −CN¥35.0m | −CN¥19.0m |
| Free cash flow | — | — | — | −CN¥13.0m | −CN¥23.0m | −CN¥1.0m | CN¥12.0m | −CN¥9.0m |
| Total assets | CN¥2.28bn | CN¥2.26bn | CN¥2.17bn | CN¥2.13bn | CN¥2.12bn | CN¥2.14bn | CN¥2.15bn | CN¥2.07bn |
| Cash and short-term investments | — | — | — | CN¥135.0m | CN¥125.4m | CN¥174.9m | CN¥178.2m | CN¥124.2m |
| Debt | — | — | — | CN¥568,525 | CN¥101.2m | CN¥950,655 | CN¥98.2m | CN¥692,865 |
| Shareholders' equity | CN¥1.84bn | CN¥1.82bn | CN¥1.77bn | CN¥1.76bn | CN¥1.75bn | CN¥1.77bn | CN¥1.76bn | CN¥1.77bn |
Financial ratios
Data as of 11 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 30.2% | 22.8% | 24.9% | 35.9% | 39.0% | 20.9% | — | — |
| Operating margin | 6.1% | 11.8% | 14.8% | 24.7% | 24.1% | 8.2% | — | — |
| Net margin | 5.5% | 10.7% | 12.8% | 20.6% | 19.7% | 6.1% | — | — |
| Return on equity | 2.9% | 5.0% | 5.8% | 10.5% | 14.8% | 4.7% | — | — |
| Return on assets | 2.4% | 4.1% | 5.0% | 9.1% | 11.6% | 2.8% | — | — |
| Free cash flow yield | 2.0% | 2.0% | 3.4% | 4.1% | 5.1% | 3.4% | — | — |
| Revenue growth | 14.9% | 3.6% | -13.5% | -26.1% | 96.6% | 8.8% | — | — |
| Earnings growth | -40.4% | -13.5% | -46.3% | -22.9% | 533.5% | 239.2% | — | — |
| Current ratio | 3.66x | 4.24x | 5.50x | 5.74x | 3.46x | 1.38x | — | — |
| Debt to equity | — | — | 0.00x | 0.01x | 0.07x | 0.29x | 0.23x | 0.52x |
| Equity ratio | 81.9% | 81.7% | 85.9% | 87.4% | 78.2% | 59.0% | — | — |
| Interest coverage | 459.99x | 198.95x | 56.47x | 51.80x | 24.74x | 6.75x | — | — |
| R&D as a share of sales | 4.7% | 5.9% | 4.6% | 5.5% | 4.7% | 4.4% | — | — |
| Buybacks as a share of market value | -16.3% | -0.2% | 4.7% | -1.5% | 0.4% | 0.1% | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 1.0% | 8.4% | 11.4% |
| Operating income | -36.2% | 4.9% | -1.9% |
| Net income | -34.8% | 6.2% | 0.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 26.7% | 28.7% | 30.2% | 29.0% |
| Operating margin | 8.5% | 14.1% | 15.5% | 15.1% |
| Net margin | 7.9% | 12.4% | 13.3% | 12.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 130.2 | 63.6 | 59.9 | 29.9 | 47.5 | 104.2 | 338.3 | 53.8 | 39.8 | 86.9 |
| Price to sales | 7.2 | 6.8 | 7.7 | 6.2 | 9.4 | 6.4 | 6.6 | 3.2 | 4.8 | 13.9 |
Dividends and splits
Per share, in the currency the company pays
Paid for 9 years. Last went ex-dividend on 22 Jun 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.041 | 0.08 | 0.081 | 0.21 | 0.271 | 0.189 | 0.041 | 0.046 |
- 7-for-5 split · 7 Jun 2023
- 7-for-5 split · 8 Jun 2022
- 7-for-5 split · 21 May 2018
- 17-for-10 split · 22 May 2017
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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