J 
14.98
-2.16%
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¥8.94bn
FY2016FY2025
Net income
−CN¥172.5m
FY2016FY2025
Free cash flow
−CN¥572.3m
FY2016FY2025
Shareholders' equity
CN¥2.83bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥8.94bn | CN¥7.67bn | CN¥8.73bn | CN¥14.07bn | CN¥4.05bn | CN¥1.91bn | CN¥1.71bn | CN¥1.50bn | CN¥1.30bn | CN¥1.04bn |
| Research and development | CN¥460.9m | CN¥483.9m | CN¥485.7m | CN¥615.5m | CN¥208.0m | CN¥72.3m | CN¥67.0m | CN¥53.5m | CN¥48.1m | CN¥39.7m |
| Operating income | CN¥370.9m | −CN¥733.5m | −CN¥1.83bn | CN¥1.29bn | CN¥525.6m | CN¥261.5m | CN¥190.8m | CN¥113.1m | CN¥99.9m | CN¥112.1m |
| Net income | −CN¥172.5m | −CN¥635.7m | −CN¥1.23bn | CN¥752.9m | CN¥350.8m | CN¥202.8m | CN¥127.4m | CN¥81.8m | CN¥92.4m | CN¥89.6m |
| Diluted earnings per share | -0.25 | -1.05 | -1.90 | 1.33 | 0.72 | 0.49 | 0.29 | 0.23 | 0.20 | 0.28 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥18.67bn | CN¥15.81bn | CN¥17.23bn | CN¥14.69bn | CN¥6.11bn | CN¥2.96bn | CN¥2.17bn | CN¥2.05bn | CN¥1.66bn | CN¥1.02bn |
| Cash and short-term investments | — | CN¥3.27bn | CN¥3.37bn | CN¥2.06bn | CN¥853.1m | CN¥989.3m | CN¥530.1m | CN¥361.4m | CN¥234.6m | CN¥105.5m |
| Total liabilities | CN¥14.89bn | CN¥11.88bn | CN¥13.05bn | CN¥9.08bn | CN¥3.59bn | CN¥840.7m | CN¥648.9m | CN¥657.6m | CN¥476.9m | CN¥374.9m |
| Debt | CN¥2.80bn | CN¥6.95bn | CN¥7.92bn | CN¥5.78bn | CN¥1.96bn | CN¥427.6m | CN¥300.0m | CN¥311.0m | CN¥245.4m | CN¥187.8m |
| Shareholders' equity | CN¥2.83bn | CN¥3.08bn | CN¥3.45bn | CN¥4.72bn | CN¥1.99bn | CN¥1.92bn | CN¥1.35bn | CN¥1.25bn | CN¥1.19bn | CN¥646.4m |
| Shares outstanding | 681m | 605m | 648m | 565m | 484m | 413m | 437m | 364m | 452m | 325m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥393.6m | CN¥819.5m | CN¥885.6m | −CN¥3.25bn | −CN¥408.6m | CN¥305.5m | CN¥247.5m | CN¥170.2m | CN¥42.7m | CN¥79.5m |
| Capital spending | −CN¥965.9m | −CN¥599.3m | −CN¥2.17bn | −CN¥1.18bn | −CN¥512.7m | −CN¥248.5m | −CN¥79.0m | −CN¥52.6m | −CN¥90.4m | −CN¥71.3m |
| Free cash flow | −CN¥572.3m | CN¥220.1m | −CN¥1.28bn | −CN¥4.43bn | −CN¥921.3m | CN¥56.9m | CN¥168.5m | CN¥117.7m | −CN¥47.7m | CN¥8.2m |
| Dividends paid | −CN¥216.9m | −CN¥243.3m | −CN¥357.4m | −CN¥105.1m | −CN¥61.0m | −CN¥38.7m | −CN¥32.5m | −CN¥35.1m | −CN¥10.3m | −CN¥10.5m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥3.70bn | CN¥3.50bn | CN¥3.11bn | CN¥2.20bn | CN¥2.03bn | CN¥1.59bn | CN¥2.01bn | CN¥2.09bn |
| Operating income | CN¥412.8m | CN¥441.2m | CN¥193.9m | −CN¥27.8m | −CN¥64.2m | −CN¥37.8m | −CN¥429.2m | −CN¥33.9m |
| Net income | CN¥206.2m | CN¥214.3m | −CN¥62.1m | −CN¥25.3m | −CN¥59.2m | −CN¥25.9m | −CN¥332.9m | −CN¥81.9m |
| Diluted earnings per share | 0.30 | 0.31 | -0.09 | -0.04 | -0.09 | -0.04 | -0.55 | -0.14 |
| Cash from operations | — | — | — | −CN¥44.0m | −CN¥156.0m | CN¥163.0m | CN¥717.0m | CN¥43.0m |
| Capital spending | −CN¥201.0m | −CN¥410.0m | −CN¥413.0m | −CN¥216.0m | −CN¥110.0m | −CN¥225.0m | −CN¥139.0m | −CN¥24.0m |
| Free cash flow | — | — | — | −CN¥260.0m | −CN¥266.0m | −CN¥62.0m | CN¥578.0m | CN¥19.0m |
| Total assets | CN¥26.78bn | CN¥21.16bn | CN¥18.67bn | CN¥18.44bn | CN¥17.84bn | CN¥17.52bn | CN¥15.81bn | CN¥16.29bn |
| Cash and short-term investments | — | — | — | CN¥4.99bn | CN¥4.78bn | CN¥5.00bn | CN¥3.27bn | CN¥2.74bn |
| Debt | CN¥4.42bn | CN¥3.60bn | CN¥2.80bn | CN¥7.21bn | CN¥6.84bn | CN¥7.07bn | CN¥6.19bn | CN¥6.85bn |
| Shareholders' equity | CN¥5.18bn | CN¥3.04bn | CN¥2.83bn | CN¥2.99bn | CN¥3.10bn | CN¥2.86bn | CN¥3.08bn | CN¥2.95bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -14.0% | 36.1% | 27.0% |
| Operating income | -34.0% | 7.2% | 18.1% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -2.2% | -2.3% | -0.3% | 0.9% |
| Net margin | -4.9% | -3.3% | -1.6% | -0.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -79.0 | -9.8 | -6.5 | 17.4 | 51.1 | 48.9 | 25.8 | 22.5 | 37.5 |
| Price to sales | 1.5 | 0.8 | 0.9 | 0.9 | 4.4 | 5.2 | 1.9 | 1.2 | 2.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 30 Sept 2022.
| FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|
| Paid in the year | 0.186 | 0.126 | 0.091 | 0.076 | 0.044 |
- 7-for-5 split · 10 May 2021
- 6-for-5 split · 20 Jun 2019
- 6-for-5 split · 14 Jun 2018
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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