Z 
41.15
+0.96%
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¥1.93bn
FY2016FY2025
Net income
CN¥144.7m
FY2016FY2025
Free cash flow
−CN¥4.5m
FY2016FY2025
Shareholders' equity
CN¥2.11bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.93bn | CN¥1.91bn | CN¥1.88bn | CN¥1.68bn | CN¥1.48bn | CN¥1.41bn | CN¥1.13bn | CN¥1.11bn | CN¥1.12bn | CN¥767.4m |
| Gross profit | CN¥501.0m | CN¥559.7m | CN¥575.9m | CN¥486.0m | CN¥368.3m | CN¥418.4m | CN¥341.9m | CN¥333.2m | CN¥369.3m | CN¥254.5m |
| Research and development | CN¥115.8m | CN¥104.6m | CN¥87.0m | CN¥63.1m | CN¥61.8m | CN¥57.2m | CN¥45.8m | CN¥41.5m | CN¥39.3m | CN¥26.8m |
| Operating income | CN¥153.5m | CN¥286.0m | CN¥327.2m | CN¥294.3m | CN¥164.5m | CN¥245.3m | CN¥196.0m | CN¥191.2m | CN¥203.0m | CN¥133.6m |
| Net income | CN¥144.7m | CN¥255.3m | CN¥285.4m | CN¥260.8m | CN¥147.2m | CN¥213.4m | CN¥170.7m | CN¥167.5m | CN¥179.4m | CN¥122.9m |
| Diluted earnings per share | 1.72 | 1.49 | 1.69 | 1.59 | 0.89 | 1.31 | 1.05 | 1.03 | 1.20 | 1.00 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥2.85bn | CN¥2.83bn | CN¥2.64bn | CN¥2.41bn | CN¥1.66bn | CN¥1.60bn | CN¥1.42bn | CN¥1.28bn | CN¥1.17bn | CN¥622.2m |
| Cash and short-term investments | — | CN¥905.4m | CN¥957.7m | CN¥964.6m | CN¥530.8m | CN¥727.4m | CN¥669.1m | CN¥305.0m | CN¥350.2m | CN¥131.1m |
| Total liabilities | CN¥749.8m | CN¥1.18bn | CN¥951.5m | CN¥867.2m | CN¥383.9m | CN¥334.3m | CN¥290.8m | CN¥268.2m | CN¥278.6m | CN¥282.4m |
| Debt | — | CN¥421.4m | CN¥397.9m | CN¥375.0m | CN¥59.9m | CN¥55.1m | CN¥1.3m | CN¥1.3m | CN¥10.3m | CN¥84.9m |
| Shareholders' equity | CN¥2.11bn | CN¥1.65bn | CN¥1.68bn | CN¥1.54bn | CN¥1.27bn | CN¥1.26bn | CN¥1.13bn | CN¥1.01bn | CN¥894.4m | CN¥339.8m |
| Shares outstanding | 84m | 171m | 169m | 164m | 166m | 163m | 163m | 163m | 150m | 123m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥196.3m | CN¥309.2m | CN¥331.2m | CN¥270.3m | CN¥162.7m | CN¥155.7m | CN¥250.0m | CN¥138.9m | CN¥145.1m | CN¥120.4m |
| Capital spending | −CN¥200.8m | −CN¥251.5m | −CN¥179.6m | −CN¥235.3m | −CN¥199.7m | −CN¥44.0m | −CN¥51.1m | −CN¥85.7m | −CN¥60.7m | −CN¥42.6m |
| Free cash flow | −CN¥4.5m | CN¥57.7m | CN¥151.6m | CN¥35.0m | −CN¥37.0m | CN¥111.8m | CN¥198.9m | CN¥53.2m | CN¥84.4m | CN¥77.8m |
| Dividends paid | −CN¥126.4m | −CN¥250.4m | −CN¥150.0m | −CN¥58.3m | −CN¥166.5m | −CN¥82.1m | −CN¥52.8m | −CN¥54.8m | −CN¥59.4m | −CN¥29.1m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥533.5m | CN¥363.6m | CN¥483.1m | CN¥478.1m | CN¥584.8m | CN¥379.8m | CN¥612.6m | CN¥453.9m |
| Gross profit | CN¥121.2m | CN¥84.9m | CN¥115.5m | CN¥123.1m | CN¥157.7m | CN¥102.4m | CN¥166.8m | CN¥133.4m |
| Operating income | CN¥28.2m | CN¥18.4m | CN¥913,481 | CN¥36.9m | CN¥72.9m | CN¥38.6m | CN¥71.3m | CN¥60.3m |
| Net income | CN¥20.0m | CN¥11.5m | CN¥8.3m | CN¥39.2m | CN¥61.6m | CN¥39.2m | CN¥61.6m | CN¥53.6m |
| Diluted earnings per share | 0.24 | 0.14 | 0.10 | 0.47 | 0.73 | 0.47 | 0.36 | 0.31 |
| Cash from operations | — | — | — | −CN¥7.0m | CN¥98.0m | −CN¥14.0m | — | CN¥96.0m |
| Capital spending | −CN¥15.0m | −CN¥64.0m | −CN¥46.0m | −CN¥56.0m | −CN¥27.0m | −CN¥70.0m | −CN¥55.0m | −CN¥42.0m |
| Free cash flow | — | — | — | −CN¥63.0m | CN¥71.0m | −CN¥84.0m | — | CN¥54.0m |
| Total assets | CN¥2.87bn | CN¥2.81bn | CN¥2.85bn | CN¥2.95bn | CN¥2.95bn | CN¥2.83bn | CN¥2.83bn | CN¥2.75bn |
| Cash and short-term investments | — | — | — | CN¥803.6m | CN¥876.2m | CN¥821.6m | CN¥905.4m | CN¥829.3m |
| Debt | — | — | — | CN¥207.8m | CN¥438.9m | CN¥574.7m | CN¥421.4m | CN¥415.6m |
| Shareholders' equity | CN¥2.10bn | CN¥2.12bn | CN¥2.11bn | CN¥2.11bn | CN¥1.72bn | CN¥1.69bn | CN¥1.65bn | CN¥1.53bn |
Financial ratios
Data as of 9 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 26.0% | 29.3% | 30.6% | 29.0% | 24.8% | 29.6% | — | — | — |
| Operating margin | 8.8% | 12.1% | 15.9% | 15.4% | 10.0% | 16.2% | — | — | — |
| Net margin | 7.5% | 13.4% | 15.2% | 15.5% | 9.9% | 15.1% | — | — | — |
| Return on equity | 6.9% | 15.4% | 17.0% | 16.9% | 11.6% | 16.9% | — | — | — |
| Return on assets | 5.1% | 9.0% | 10.8% | 10.8% | 8.9% | 13.4% | — | — | — |
| Free cash flow yield | 6.5% | 4.5% | 4.1% | 4.2% | 3.0% | 1.7% | — | — | — |
| Revenue growth | 1.0% | 1.6% | 12.0% | 13.0% | 5.0% | 24.5% | — | — | — |
| Earnings growth | -43.3% | -10.5% | 9.5% | 77.1% | -31.0% | 25.0% | — | — | — |
| Current ratio | 2.32x | 2.42x | 3.35x | 3.70x | 3.13x | 4.01x | — | — | — |
| Debt to equity | — | 0.26x | 0.24x | 0.24x | — | — | 0.00x | 0.00x | 0.00x |
| Equity ratio | 73.9% | 58.4% | 63.8% | 64.0% | 76.8% | 79.1% | — | — | — |
| Interest coverage | 9.38x | 10.94x | 20.73x | 164.35x | 558.26x | 236.14x | — | — | — |
| R&D as a share of sales | 6.0% | 5.5% | 4.6% | 3.8% | 4.2% | 4.0% | — | — | — |
| Buybacks as a share of market value | 50.9% | -1.1% | -3.1% | 0.8% | -1.3% | -0.4% | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 4.7% | 6.4% | 11.7% |
| Operating income | -19.5% | -8.9% | 7.9% |
| Net income | -17.8% | -7.5% | 8.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 27.6% | 28.7% | 28.3% | 29.1% |
| Operating margin | 11.5% | 14.4% | 14.3% | 15.0% |
| Net margin | 10.4% | 12.8% | 12.7% | 13.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 25.8 | 13.4 | 14.4 | 12.2 | 20.6 | 14.2 | 14.8 | 13.0 | 25.5 |
| Price to sales | 1.9 | 1.8 | 2.2 | 1.9 | 2.0 | 2.1 | 2.2 | 2.0 | 4.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 8 years. Last went ex-dividend on 8 Jun 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.20 | 0.70 | 1.50 | 0.90 | 0.35 | 1.00 | 0.50 | 0.321 |
- 7-for-5 split · 17 May 2019
- 7-for-5 split · 17 May 2018
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.