Z 
24.96
-0.79%
Close of 9 Nov 2026, in CNY
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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¥2.94bn
FY2016FY2025
Net income
CN¥260.4m
FY2016FY2025
Free cash flow
−CN¥20.5m
FY2016FY2025
Shareholders' equity
CN¥3.05bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥2.94bn | CN¥2.97bn | CN¥2.60bn | CN¥2.68bn | CN¥2.55bn | CN¥2.32bn | CN¥1.72bn | CN¥2.23bn | CN¥2.03bn | CN¥1.59bn |
| Gross profit | CN¥656.6m | CN¥607.0m | CN¥600.4m | CN¥624.7m | CN¥454.1m | CN¥470.0m | CN¥394.0m | CN¥463.3m | CN¥362.1m | CN¥290.5m |
| Research and development | CN¥96.9m | CN¥104.5m | CN¥91.0m | CN¥87.8m | CN¥81.0m | CN¥84.9m | CN¥58.4m | CN¥62.8m | CN¥58.6m | CN¥53.4m |
| Operating income | CN¥373.5m | CN¥326.9m | CN¥340.9m | CN¥418.5m | CN¥248.7m | CN¥254.3m | CN¥142.4m | CN¥220.4m | CN¥139.6m | CN¥77.6m |
| Net income | CN¥260.4m | CN¥226.9m | CN¥252.6m | CN¥329.2m | CN¥196.8m | CN¥205.5m | CN¥123.5m | CN¥174.5m | CN¥118.8m | CN¥84.3m |
| Diluted earnings per share | 1.32 | 1.25 | 1.35 | 1.75 | 1.10 | 1.12 | 0.68 | 1.26 | 0.87 | 0.81 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥4.62bn | CN¥4.35bn | CN¥3.97bn | CN¥3.73bn | CN¥2.81bn | CN¥2.54bn | CN¥2.20bn | CN¥1.72bn | CN¥1.56bn | CN¥1.36bn |
| Cash and short-term investments | — | CN¥756.5m | CN¥732.0m | CN¥922.3m | CN¥606.6m | CN¥766.7m | CN¥480.5m | CN¥309.4m | CN¥231.9m | CN¥136.8m |
| Total liabilities | CN¥1.28bn | CN¥1.75bn | CN¥1.57bn | CN¥1.55bn | CN¥1.06bn | CN¥949.0m | CN¥774.1m | CN¥857.1m | CN¥858.8m | CN¥762.2m |
| Debt | CN¥247.8m | CN¥770.3m | CN¥744.8m | CN¥682.7m | CN¥176.2m | CN¥152.9m | CN¥135.2m | CN¥262.7m | CN¥317.0m | CN¥290.7m |
| Shareholders' equity | CN¥3.05bn | CN¥2.33bn | CN¥2.20bn | CN¥2.04bn | CN¥1.66bn | CN¥1.49bn | CN¥1.34bn | CN¥790.1m | CN¥632.8m | CN¥524.1m |
| Shares outstanding | 197m | 182m | 187m | 188m | 180m | 183m | 181m | 138m | 137m | 105m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥318.9m | CN¥311.3m | CN¥281.4m | CN¥322.9m | CN¥55.0m | CN¥95.3m | CN¥235.6m | CN¥205.8m | CN¥203.1m | CN¥125.5m |
| Capital spending | −CN¥339.4m | −CN¥224.7m | −CN¥384.0m | −CN¥520.0m | −CN¥261.5m | −CN¥129.5m | −CN¥76.3m | −CN¥50.8m | −CN¥74.5m | −CN¥47.3m |
| Free cash flow | −CN¥20.5m | CN¥86.6m | −CN¥102.6m | −CN¥197.1m | −CN¥206.4m | −CN¥34.2m | CN¥159.4m | CN¥155.0m | CN¥128.6m | CN¥78.2m |
| Dividends paid | −CN¥93.3m | −CN¥118.0m | −CN¥107.9m | −CN¥70.9m | −CN¥63.4m | −CN¥35.0m | −CN¥35.0m | −CN¥36.7m | −CN¥32.9m | −CN¥23.9m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥876.6m | CN¥821.6m | CN¥746.3m | CN¥715.1m | CN¥717.2m | CN¥764.7m | CN¥776.6m | CN¥706.2m |
| Gross profit | CN¥180.4m | CN¥177.4m | CN¥166.2m | CN¥152.5m | CN¥170.2m | CN¥167.7m | CN¥148.1m | CN¥137.4m |
| Operating income | CN¥102.8m | CN¥108.8m | CN¥89.9m | CN¥65.2m | CN¥109.4m | CN¥98.9m | CN¥76.7m | CN¥54.0m |
| Net income | CN¥80.9m | CN¥81.3m | CN¥75.4m | CN¥36.9m | CN¥76.6m | CN¥71.6m | CN¥46.7m | CN¥33.0m |
| Diluted earnings per share | 0.41 | 0.41 | 0.38 | 0.19 | 0.39 | 0.36 | 0.26 | 0.18 |
| Cash from operations | — | — | — | CN¥94.0m | CN¥130.0m | −CN¥67.0m | — | CN¥101.0m |
| Capital spending | −CN¥57.0m | −CN¥76.0m | −CN¥64.0m | −CN¥118.0m | −CN¥52.0m | −CN¥103.0m | −CN¥54.0m | −CN¥43.0m |
| Free cash flow | — | — | — | −CN¥24.0m | CN¥78.0m | −CN¥170.0m | — | CN¥58.0m |
| Total assets | CN¥4.68bn | CN¥4.60bn | CN¥4.62bn | CN¥4.49bn | CN¥4.43bn | CN¥4.39bn | CN¥4.35bn | CN¥4.12bn |
| Cash and short-term investments | — | — | — | CN¥608.5m | CN¥623.5m | CN¥622.9m | CN¥756.5m | CN¥573.2m |
| Debt | CN¥198.8m | CN¥225.6m | CN¥247.8m | CN¥409.6m | CN¥731.6m | CN¥695.5m | CN¥769.0m | CN¥1.14bn |
| Shareholders' equity | CN¥3.13bn | CN¥3.14bn | CN¥3.05bn | CN¥2.52bn | CN¥2.48bn | CN¥2.49bn | CN¥2.33bn | CN¥2.25bn |
Financial ratios
Data as of 11 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 28.1% | 20.5% | 23.1% | 23.3% | 17.8% | 20.2% |
| Operating margin | 13.0% | 11.6% | 14.0% | 15.9% | 9.8% | 11.3% |
| Net margin | 8.8% | 7.7% | 9.7% | 12.3% | 7.7% | 8.9% |
| Return on equity | 8.5% | 9.7% | 11.5% | 16.2% | 11.9% | 13.8% |
| Return on assets | 5.6% | 5.2% | 6.4% | 8.8% | 7.0% | 8.1% |
| Free cash flow yield | 9.8% | 8.7% | 10.5% | 13.2% | 5.2% | 3.6% |
| Revenue growth | -0.8% | 14.2% | -3.2% | 5.0% | 10.1% | 35.1% |
| Earnings growth | 14.8% | -10.2% | -23.3% | 67.3% | -4.2% | 66.4% |
| Current ratio | 2.23x | 2.16x | 2.40x | 2.22x | 1.79x | 1.84x |
| Debt to equity | 0.08x | 0.33x | 0.34x | 0.34x | 0.11x | 0.09x |
| Equity ratio | 66.1% | 53.5% | 55.5% | 54.6% | 58.8% | 58.9% |
| Interest coverage | 18.35x | 13.30x | 13.61x | 41.68x | 23.92x | 22.45x |
| R&D as a share of sales | 3.3% | 3.5% | 3.5% | 3.3% | 3.2% | 3.7% |
| Buybacks as a share of market value | -8.7% | 2.8% | 0.8% | -5.0% | 2.0% | -1.3% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 3.1% | 4.9% | 8.3% |
| Operating income | -3.7% | 8.0% | 22.1% |
| Net income | -7.5% | 4.8% | 14.9% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 21.4% | 22.2% | 21.2% | 20.7% |
| Operating margin | 11.9% | 13.0% | 12.2% | 10.4% |
| Net margin | 8.2% | 9.6% | 9.2% | 8.2% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Price to earnings | 19.3 | 19.5 | 24.3 | 18.5 | 25.9 | 16.0 | 27.0 |
| Price to sales | 1.7 | 1.5 | 2.4 | 2.3 | 2.0 | 1.4 | 1.9 |
Dividends and splits
Per share, in the currency the company pays
Paid for 7 years. Last went ex-dividend on 18 Sept 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.60 | 0.45 | 0.45 | 0.55 | 0.50 | 0.346 | 0.192 | 0.192 |
- 13-for-10 split · 8 Jul 2022
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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