S 
7.61
-2.56%
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¥3.86bn
FY2016FY2025
Net income
−CN¥67.1m
FY2016FY2025
Free cash flow
−CN¥725.4m
FY2016FY2025
Shareholders' equity
CN¥3.50bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥3.86bn | CN¥1.62bn | CN¥2.43bn | CN¥2.68bn | CN¥2.91bn | CN¥3.93bn | CN¥2.92bn | CN¥1.26bn | CN¥812.9m | CN¥565.6m |
| Gross profit | CN¥958.9m | CN¥322.0m | CN¥412.5m | CN¥628.2m | CN¥615.0m | CN¥940.4m | CN¥795.1m | CN¥230.8m | CN¥152.2m | CN¥110.6m |
| Research and development | CN¥95.8m | CN¥86.3m | CN¥102.3m | CN¥118.3m | CN¥121.9m | CN¥157.9m | CN¥107.4m | CN¥41.9m | CN¥30.8m | CN¥25.8m |
| Operating income | CN¥265.8m | −CN¥218.3m | −CN¥66.1m | CN¥123.6m | CN¥82.8m | CN¥465.5m | CN¥429.2m | CN¥90.1m | CN¥75.5m | CN¥61.4m |
| Net income | −CN¥67.1m | −CN¥344.8m | −CN¥656.3m | CN¥1.1m | −CN¥605.3m | CN¥392.7m | CN¥331.4m | CN¥72.2m | CN¥66.4m | CN¥55.3m |
| Diluted earnings per share | -0.12 | -0.72 | -1.45 | 0.00 | -1.34 | 0.84 | 0.72 | 0.30 | 0.30 | 0.33 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥12.07bn | CN¥7.99bn | CN¥7.38bn | CN¥8.46bn | CN¥7.71bn | CN¥8.59bn | CN¥6.35bn | CN¥1.68bn | CN¥1.23bn | CN¥1.02bn |
| Cash and short-term investments | — | CN¥667.6m | CN¥1.07bn | CN¥941.8m | CN¥1.36bn | CN¥2.24bn | CN¥712.5m | CN¥102.4m | CN¥201.0m | CN¥237.3m |
| Total liabilities | CN¥8.58bn | CN¥4.44bn | CN¥4.59bn | CN¥5.05bn | CN¥4.30bn | CN¥4.53bn | CN¥3.03bn | CN¥823.4m | CN¥476.6m | CN¥341.8m |
| Debt | CN¥1.88bn | CN¥2.03bn | CN¥2.62bn | CN¥2.78bn | CN¥2.39bn | CN¥2.43bn | CN¥896.8m | CN¥208.0m | CN¥89.5m | CN¥27.5m |
| Shareholders' equity | CN¥3.50bn | CN¥3.55bn | CN¥2.80bn | CN¥3.42bn | CN¥3.41bn | CN¥4.06bn | CN¥3.31bn | CN¥860.4m | CN¥754.1m | CN¥682.9m |
| Shares outstanding | 582m | 480m | 452m | 451m | 451m | 466m | 457m | 242m | 220m | 168m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥376.3m | CN¥295.5m | CN¥660.1m | CN¥367.1m | −CN¥287.3m | CN¥318.7m | CN¥144.2m | −CN¥193.3m | −CN¥135.5m | −CN¥48.0m |
| Capital spending | −CN¥1.10bn | −CN¥1.11bn | −CN¥211.2m | −CN¥450.9m | −CN¥461.8m | −CN¥235.2m | −CN¥21.0m | −CN¥24.1m | −CN¥21.7m | −CN¥26.9m |
| Free cash flow | −CN¥725.4m | −CN¥809.8m | CN¥448.9m | −CN¥83.8m | −CN¥749.2m | CN¥83.6m | CN¥123.2m | −CN¥217.4m | −CN¥157.3m | −CN¥74.9m |
| Dividends paid | −CN¥84.0m | −CN¥58.8m | −CN¥107.4m | −CN¥90.0m | −CN¥37.6m | −CN¥13.4m | −CN¥15.4m | −CN¥27.2m | −CN¥13.7m | −CN¥2.2m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥983.3m | CN¥489.8m | CN¥2.14bn | CN¥424.4m | CN¥865.7m | CN¥419.9m | CN¥758.3m | CN¥286.7m |
| Gross profit | CN¥109.4m | CN¥134.9m | CN¥305.6m | CN¥125.0m | CN¥137.4m | CN¥80.2m | CN¥89.4m | CN¥77.9m |
| Operating income | CN¥20.7m | CN¥42.8m | CN¥185.3m | CN¥10.5m | CN¥41.0m | CN¥47.0m | −CN¥228.7m | −CN¥59.2m |
| Net income | CN¥7.0m | −CN¥13.4m | −CN¥69.9m | −CN¥34.5m | CN¥19.1m | CN¥18.2m | −CN¥214.4m | −CN¥61.2m |
| Diluted earnings per share | 0.01 | -0.02 | -0.12 | -0.06 | 0.03 | 0.03 | -0.45 | -0.13 |
| Cash from operations | — | — | — | CN¥719.0m | CN¥173.0m | −CN¥409.0m | — | CN¥98.0m |
| Capital spending | −CN¥185.0m | −CN¥83.0m | — | −CN¥230.0m | −CN¥581.0m | −CN¥431.0m | −CN¥531.0m | −CN¥390.0m |
| Free cash flow | — | — | — | CN¥489.0m | −CN¥408.0m | −CN¥840.0m | — | −CN¥292.0m |
| Total assets | CN¥12.68bn | CN¥12.09bn | CN¥12.07bn | CN¥13.21bn | CN¥11.23bn | CN¥10.41bn | CN¥7.99bn | CN¥7.31bn |
| Cash and short-term investments | — | — | — | CN¥1.73bn | CN¥1.05bn | CN¥1.41bn | CN¥667.6m | CN¥750.7m |
| Debt | CN¥1.91bn | CN¥1.90bn | CN¥1.88bn | CN¥1.63bn | CN¥2.62bn | CN¥2.75bn | CN¥1.45bn | CN¥2.36bn |
| Shareholders' equity | CN¥3.52bn | CN¥3.48bn | CN¥3.50bn | CN¥3.57bn | CN¥3.60bn | CN¥3.57bn | CN¥3.55bn | CN¥2.69bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 12.9% | -0.4% | 21.4% |
| Operating income | 29.1% | -10.6% | 16.0% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 23.4% | 21.9% | 22.2% | 22.5% |
| Operating margin | 0.9% | 1.0% | 3.7% | 5.8% |
| Net margin | -7.5% | -10.1% | -7.3% | -3.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -117.3 | -22.1 | -5.5 | — | -6.0 | 17.4 | 20.4 | 28.0 | 35.6 | 70.0 |
| Price to sales | 2.0 | 4.7 | 1.5 | 1.1 | 1.3 | 1.7 | 2.3 | 1.6 | 2.9 | 6.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 24 Jun 2021.
| FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|
| Paid in the year | 0.083 | 0.03 | 0.036 | 0.085 | 0.047 |
- 6-for-5 split · 24 Jun 2021
- 7-for-5 split · 8 Jun 2020
- 7-for-5 split · 6 Jun 2018
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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