S 
23.78
-1.94%
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¥532.9m
FY2016FY2025
Net income
CN¥18.4m
FY2016FY2025
Free cash flow
CN¥9.6m
FY2016FY2025
Shareholders' equity
CN¥200.0m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥532.9m | CN¥469.4m | CN¥594.9m | CN¥578.2m | CN¥503.8m | CN¥506.9m | CN¥469.9m | CN¥506.1m | CN¥423.9m | CN¥381.5m |
| Gross profit | CN¥96.2m | −CN¥8.1m | CN¥63.1m | CN¥62.8m | CN¥111.2m | CN¥111.7m | CN¥83.0m | CN¥137.4m | CN¥122.2m | CN¥128.0m |
| Research and development | CN¥50.1m | CN¥74.3m | CN¥101.5m | CN¥110.2m | CN¥57.6m | CN¥48.1m | CN¥39.0m | CN¥35.0m | CN¥30.0m | CN¥18.5m |
| Operating income | CN¥30.5m | −CN¥188.5m | −CN¥155.1m | −CN¥153.2m | −CN¥762,852 | CN¥8.8m | −CN¥51.1m | CN¥39.7m | CN¥71.7m | CN¥72.1m |
| Net income | CN¥18.4m | −CN¥178.3m | −CN¥108.5m | −CN¥126.3m | CN¥7.2m | CN¥12.2m | −CN¥40.3m | CN¥36.1m | CN¥62.0m | CN¥63.1m |
| Diluted earnings per share | 0.18 | -1.53 | -0.86 | -0.98 | 0.08 | 0.10 | -0.38 | 0.34 | 0.77 | 0.78 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥1.10bn | CN¥1.18bn | CN¥1.49bn | CN¥1.69bn | CN¥1.46bn | CN¥1.25bn | CN¥1.26bn | CN¥1.10bn | CN¥689.6m | CN¥562.1m |
| Cash and short-term investments | — | CN¥94.2m | CN¥142.2m | CN¥137.2m | CN¥111.0m | CN¥278.1m | CN¥188.7m | CN¥253.4m | CN¥39.3m | CN¥91.2m |
| Total liabilities | CN¥988.4m | CN¥1.10bn | CN¥1.20bn | CN¥1.25bn | CN¥860.2m | CN¥652.6m | CN¥674.9m | CN¥473.1m | CN¥398.6m | CN¥333.0m |
| Debt | — | CN¥248.9m | CN¥421.5m | CN¥363.4m | CN¥65.7m | CN¥178.3m | CN¥800,000 | CN¥51.5m | CN¥9.9m | — |
| Shareholders' equity | CN¥200.0m | CN¥181.6m | CN¥363.3m | CN¥471.6m | CN¥599.9m | CN¥594.9m | CN¥583.7m | CN¥630.5m | CN¥291.7m | CN¥229.7m |
| Shares outstanding | 104m | 116m | 126m | 129m | 89m | 124m | 107m | 106m | 81m | 81m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥19.7m | CN¥23.3m | −CN¥109.9m | −CN¥165.7m | −CN¥180.4m | CN¥97.5m | −CN¥51.2m | −CN¥59.4m | −CN¥38.6m | −CN¥57.9m |
| Capital spending | −CN¥10.2m | −CN¥594,027 | −CN¥54.2m | −CN¥66.3m | −CN¥25.7m | −CN¥11.5m | −CN¥37.0m | −CN¥12.4m | −CN¥24.4m | −CN¥2.4m |
| Free cash flow | CN¥9.6m | CN¥22.7m | −CN¥164.1m | −CN¥231.9m | −CN¥206.1m | CN¥86.0m | −CN¥88.2m | −CN¥71.8m | −CN¥63.0m | −CN¥60.3m |
| Dividends paid | −CN¥8.7m | −CN¥15.3m | −CN¥13.1m | −CN¥1.1m | −CN¥13.4m | −CN¥475,658 | −CN¥15.4m | −CN¥5.8m | −CN¥221,857 | −CN¥9.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥166.3m | CN¥106.9m | CN¥160.6m | CN¥102.8m | CN¥152.5m | CN¥117.0m | CN¥74.5m | CN¥75.3m |
| Gross profit | CN¥25.2m | CN¥18.7m | CN¥25.6m | CN¥14.7m | CN¥28.2m | CN¥27.6m | −CN¥97.9m | CN¥6.0m |
| Operating income | CN¥6.3m | CN¥5.5m | −CN¥7.0m | CN¥2.8m | CN¥4.2m | CN¥6.6m | −CN¥184.2m | −CN¥24.5m |
| Net income | CN¥2.5m | CN¥5.2m | CN¥6.3m | CN¥3.0m | CN¥2.5m | CN¥6.6m | −CN¥160.4m | −CN¥24.2m |
| Diluted earnings per share | 0.02 | 0.05 | 0.06 | 0.03 | 0.02 | 0.06 | -1.38 | -0.21 |
| Cash from operations | — | — | — | — | CN¥40.0m | −CN¥1.0m | CN¥6.0m | CN¥17.0m |
| Total assets | CN¥972.6m | CN¥1.08bn | CN¥1.10bn | CN¥1.12bn | CN¥1.10bn | CN¥1.19bn | CN¥1.18bn | CN¥1.49bn |
| Cash and short-term investments | — | — | — | CN¥87.4m | CN¥61.9m | CN¥66.9m | CN¥94.2m | CN¥140.8m |
| Debt | CN¥70.1m | CN¥70.1m | — | CN¥306.8m | CN¥153.7m | CN¥146.2m | CN¥248.9m | CN¥341.9m |
| Shareholders' equity | CN¥207.7m | CN¥205.2m | CN¥200.0m | CN¥193.8m | CN¥190.7m | CN¥188.2m | CN¥181.6m | CN¥345.4m |
Financial ratios
Data as of 21 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Gross margin | 18.1% | -1.7% | 10.6% | 10.9% | 22.1% | 22.0% | — |
| Operating margin | 5.6% | -40.2% | -23.0% | -26.5% | 0.3% | 1.9% | — |
| Net margin | 3.5% | -38.0% | -18.2% | -21.8% | 1.4% | 2.4% | — |
| Return on equity | 9.2% | -98.1% | -29.9% | -26.8% | 1.2% | 2.1% | — |
| Return on assets | 1.7% | -15.1% | -7.3% | -7.5% | 0.5% | 1.0% | — |
| Free cash flow yield | — | 0.8% | — | — | -8.1% | 3.2% | -1.9% |
| Revenue growth | 13.5% | -21.1% | 2.9% | 14.8% | -0.6% | 7.9% | — |
| Earnings growth | -110.3% | 64.4% | -14.1% | -1850.2% | -40.9% | -130.3% | — |
| Current ratio | 0.95x | 1.01x | 1.28x | 1.19x | 1.51x | 1.69x | — |
| Debt to equity | — | 1.37x | 1.16x | 0.72x | 0.07x | 0.29x | 0.00x |
| Equity ratio | 18.3% | 15.4% | 24.4% | 27.9% | 41.2% | 47.7% | — |
| Interest coverage | 2.77x | -9.75x | -8.00x | -15.72x | 0.75x | 7.59x | — |
| R&D as a share of sales | 9.4% | 15.8% | 17.1% | 19.1% | 11.4% | 9.5% | — |
| Buybacks as a share of market value | 11.1% | 7.4% | 2.4% | -44.0% | 27.6% | -15.1% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -2.7% | 1.0% | 6.1% |
| Operating income | — | 28.1% | -8.0% |
| Net income | — | 8.6% | -11.2% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 8.8% | 9.8% | 13.7% | 19.5% |
| Operating margin | -15.8% | -21.4% | -14.4% | -4.9% |
| Net margin | -15.9% | -18.1% | -11.8% | -3.7% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Price to earnings | 164.1 | -13.4 | -29.9 | -24.6 | 272.8 | 171.8 | -61.6 | 76.2 |
| Price to sales | 5.7 | 5.1 | 5.5 | 5.4 | 3.9 | 4.1 | 5.3 | 5.4 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 18 Jul 2022.
| FY2022 | FY2021 | FY2019 | FY2018 | |
|---|---|---|---|---|
| Paid in the year | 0.01 | 0.02 | 0.06 | 0.179 |
- 7-for-5 split · 14 Jun 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.