Z 
16.07
+3.15%
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¥912.7m
FY2016FY2025
Net income
−CN¥5.8m
FY2016FY2025
Free cash flow
CN¥135.4m
FY2016FY2025
Shareholders' equity
CN¥1.36bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥912.7m | CN¥907.7m | CN¥1.10bn | CN¥995.5m | CN¥1.12bn | CN¥1.05bn | CN¥946.4m | CN¥884.0m | CN¥880.6m | CN¥822.6m |
| Gross profit | CN¥224.2m | CN¥143.3m | CN¥199.3m | CN¥148.3m | CN¥172.4m | CN¥171.3m | CN¥184.6m | CN¥156.9m | CN¥201.5m | CN¥230.1m |
| Research and development | CN¥33.7m | CN¥35.7m | CN¥49.6m | CN¥43.5m | CN¥41.9m | CN¥36.3m | CN¥32.4m | CN¥35.4m | CN¥29.3m | CN¥25.1m |
| Operating income | CN¥37.2m | CN¥36.0m | CN¥79.3m | CN¥42.9m | CN¥68.3m | CN¥60.3m | CN¥83.7m | CN¥62.6m | CN¥90.3m | CN¥127.3m |
| Net income | −CN¥5.8m | CN¥33.2m | CN¥72.8m | CN¥42.2m | CN¥63.7m | CN¥55.2m | CN¥74.8m | CN¥56.0m | CN¥78.0m | CN¥104.9m |
| Diluted earnings per share | -0.02 | 0.12 | 0.27 | 0.15 | 0.23 | 0.19 | 0.25 | 0.22 | 0.28 | 0.47 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥1.61bn | CN¥1.68bn | CN¥1.89bn | CN¥1.85bn | CN¥2.02bn | CN¥2.00bn | CN¥1.90bn | CN¥1.84bn | CN¥1.79bn | CN¥1.20bn |
| Cash and short-term investments | — | CN¥438.4m | CN¥418.7m | CN¥337.7m | CN¥457.8m | CN¥367.9m | CN¥523.9m | CN¥269.1m | CN¥126.7m | CN¥81.2m |
| Total liabilities | CN¥244.7m | CN¥255.3m | CN¥429.6m | CN¥387.7m | CN¥521.5m | CN¥531.4m | CN¥460.1m | CN¥423.9m | CN¥364.8m | CN¥361.3m |
| Debt | — | — | CN¥135.9m | CN¥124.8m | CN¥8.1m | CN¥204.0m | CN¥40.1m | CN¥40.0m | CN¥40.0m | CN¥85.5m |
| Shareholders' equity | CN¥1.36bn | CN¥1.43bn | CN¥1.46bn | CN¥1.47bn | CN¥1.50bn | CN¥1.46bn | CN¥1.44bn | CN¥1.41bn | CN¥1.42bn | CN¥834.3m |
| Shares outstanding | 366m | 269m | 269m | 278m | 272m | 289m | 294m | 259m | 283m | 223m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥159.6m | CN¥174.0m | CN¥201.3m | CN¥96.7m | CN¥253.1m | CN¥45.8m | CN¥68.0m | CN¥32.1m | CN¥174.6m | CN¥169.4m |
| Capital spending | −CN¥24.1m | −CN¥19.9m | −CN¥53.3m | −CN¥43.2m | −CN¥99.4m | −CN¥132.4m | −CN¥53.4m | −CN¥115.5m | −CN¥80.1m | −CN¥24.9m |
| Free cash flow | CN¥135.4m | CN¥154.1m | CN¥148.0m | CN¥53.5m | CN¥153.7m | −CN¥86.6m | CN¥14.5m | −CN¥83.4m | CN¥94.5m | CN¥144.5m |
| Dividends paid | −CN¥61.7m | −CN¥61.7m | −CN¥92.2m | −CN¥91.8m | −CN¥45.9m | −CN¥61.2m | −CN¥44.8m | −CN¥66.0m | −CN¥50.9m | −CN¥54.6m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥235.4m | CN¥205.1m | CN¥230.4m | CN¥239.7m | CN¥242.1m | CN¥200.5m | CN¥208.6m | CN¥208.0m |
| Gross profit | CN¥38.0m | CN¥25.4m | CN¥35.6m | CN¥41.9m | CN¥33.9m | CN¥24.2m | CN¥10.5m | CN¥33.5m |
| Operating income | CN¥7.4m | CN¥5.4m | CN¥8.9m | CN¥14.4m | CN¥9.6m | CN¥6.9m | −CN¥16.4m | CN¥10.0m |
| Net income | CN¥7.0m | CN¥6.1m | −CN¥31.1m | CN¥13.6m | CN¥5.6m | CN¥6.0m | −CN¥16.9m | CN¥10.8m |
| Diluted earnings per share | 0.02 | 0.02 | -0.09 | 0.04 | 0.02 | 0.02 | -0.06 | 0.04 |
| Cash from operations | — | — | — | — | CN¥13.0m | CN¥31.0m | CN¥11.0m | CN¥82.0m |
| Capital spending | −CN¥10.0m | −CN¥14.0m | −CN¥6.0m | — | −CN¥2.0m | −CN¥1.0m | −CN¥1.0m | −CN¥6.0m |
| Free cash flow | — | — | — | — | CN¥11.0m | CN¥30.0m | CN¥10.0m | CN¥76.0m |
| Total assets | CN¥1.66bn | CN¥1.63bn | CN¥1.61bn | CN¥1.68bn | CN¥1.64bn | CN¥1.68bn | CN¥1.68bn | CN¥1.70bn |
| Cash and short-term investments | — | — | — | CN¥471.0m | CN¥445.4m | CN¥467.4m | CN¥438.4m | CN¥436.3m |
| Debt | — | — | — | CN¥28.0m | CN¥28.0m | — | — | CN¥28.0m |
| Shareholders' equity | CN¥1.37bn | CN¥1.37bn | CN¥1.36bn | CN¥1.39bn | CN¥1.38bn | CN¥1.43bn | CN¥1.43bn | CN¥1.44bn |
Financial ratios
Data as of 12 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2017 | |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 24.6% | 15.8% | 18.0% | 14.9% | 15.4% | 16.3% | — | — |
| Operating margin | 4.1% | 3.9% | 7.1% | 4.3% | 6.1% | 5.8% | — | — |
| Net margin | -0.6% | 3.7% | 6.6% | 4.2% | 5.7% | 5.3% | — | — |
| Return on equity | -0.4% | 2.3% | 5.0% | 2.9% | 4.3% | 3.8% | — | — |
| Return on assets | -0.4% | 2.0% | 3.9% | 2.3% | 3.2% | 2.8% | — | — |
| Free cash flow yield | 3.5% | 5.0% | 6.6% | 3.5% | 9.1% | 4.3% | — | — |
| Revenue growth | 0.6% | -17.8% | 10.9% | -11.1% | 6.5% | 11.1% | — | — |
| Earnings growth | -117.5% | -54.3% | 72.2% | -33.6% | 15.2% | -26.2% | — | — |
| Current ratio | 4.15x | 4.18x | 2.72x | 2.91x | 2.48x | 2.42x | — | — |
| Debt to equity | — | — | 0.09x | 0.09x | 0.10x | 0.13x | 0.03x | 0.03x |
| Equity ratio | 84.8% | 84.8% | 77.2% | 79.1% | 74.1% | 73.4% | — | — |
| Interest coverage | — | 265.90x | 376.26x | 169.84x | 233.72x | 117.44x | 40.35x | — |
| R&D as a share of sales | 3.7% | 3.9% | 4.5% | 4.4% | 3.7% | 3.5% | — | — |
| Buybacks as a share of market value | -35.8% | -0.2% | 3.5% | -2.3% | 5.8% | 1.7% | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -2.9% | -2.8% | 0.1% |
| Operating income | -4.7% | -9.2% | -10.6% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 20.2% | 18.2% | 17.4% | 19.7% |
| Operating margin | 4.0% | 5.0% | 5.3% | 7.6% |
| Net margin | 1.5% | 3.6% | 4.3% | 6.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -1515.0 | 95.4 | 56.8 | 47.2 | 33.5 | 37.8 | 29.2 | 31.4 | 40.3 |
| Price to sales | 9.6 | 3.5 | 3.7 | 2.0 | 1.9 | 2.0 | 2.3 | 2.0 | 3.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 8 years. Last went ex-dividend on 16 May 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.20 | 0.20 | 0.30 | 0.30 | 0.15 | 0.20 | 0.15 | 0.214 |
- 7-for-5 split · 23 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.