S 
12.50
-2.34%
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¥2.48bn
FY2016FY2025
Net income
−CN¥13.4m
FY2016FY2025
Free cash flow
−CN¥662.9m
FY2016FY2025
Shareholders' equity
CN¥2.58bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥2.48bn | CN¥2.01bn | CN¥2.20bn | CN¥2.78bn | CN¥2.75bn | CN¥2.00bn | CN¥1.81bn | CN¥1.80bn | CN¥1.71bn | CN¥1.33bn |
| Research and development | CN¥113.1m | CN¥95.6m | CN¥116.0m | CN¥101.9m | CN¥97.4m | CN¥76.0m | CN¥64.4m | CN¥57.6m | CN¥49.6m | CN¥37.8m |
| Operating income | CN¥84.8m | −CN¥116.1m | CN¥172.4m | CN¥707.8m | CN¥661.3m | CN¥352.7m | CN¥305.6m | CN¥211.3m | CN¥147.3m | CN¥153.9m |
| Net income | −CN¥13.4m | −CN¥98.9m | CN¥105.3m | CN¥535.8m | CN¥546.0m | CN¥172.4m | CN¥146.3m | CN¥168.8m | CN¥121.4m | CN¥138.3m |
| Diluted earnings per share | -0.03 | -0.16 | 0.18 | 0.90 | 0.91 | 0.31 | 0.31 | 0.43 | 0.25 | 0.35 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥7.64bn | CN¥7.14bn | CN¥6.65bn | CN¥5.05bn | CN¥5.08bn | CN¥4.53bn | CN¥4.08bn | CN¥3.78bn | CN¥3.18bn | CN¥3.00bn |
| Cash and short-term investments | — | CN¥583.5m | CN¥990.3m | CN¥577.2m | CN¥707.5m | CN¥379.6m | CN¥148.7m | CN¥275.3m | CN¥45.7m | CN¥121.4m |
| Total liabilities | CN¥5.06bn | CN¥4.51bn | CN¥3.86bn | CN¥2.21bn | CN¥2.72bn | CN¥2.75bn | CN¥2.72bn | CN¥2.57bn | CN¥2.14bn | CN¥2.02bn |
| Debt | CN¥2.33bn | CN¥2.21bn | CN¥1.83bn | CN¥1.49bn | CN¥1.87bn | CN¥1.81bn | CN¥1.61bn | CN¥1.52bn | CN¥1.30bn | CN¥1.22bn |
| Shareholders' equity | CN¥2.58bn | CN¥2.63bn | CN¥2.79bn | CN¥2.84bn | CN¥2.36bn | CN¥1.78bn | CN¥1.36bn | CN¥1.21bn | CN¥1.04bn | CN¥981.0m |
| Shares outstanding | 392m | 629m | 577m | 598m | 600m | 558m | 469m | 392m | 477m | 392m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −CN¥58.0m | CN¥162.0m | CN¥547.2m | CN¥652.7m | CN¥787.9m | CN¥450.5m | −CN¥41.1m | CN¥398.4m | CN¥286.7m | CN¥197.0m |
| Capital spending | −CN¥604.9m | −CN¥841.2m | −CN¥772.9m | −CN¥367.9m | −CN¥226.8m | −CN¥291.2m | −CN¥169.6m | −CN¥538.5m | −CN¥139.7m | −CN¥267.0m |
| Free cash flow | −CN¥662.9m | −CN¥679.2m | −CN¥225.7m | CN¥284.8m | CN¥561.1m | CN¥159.3m | −CN¥210.7m | −CN¥140.1m | CN¥147.1m | −CN¥70.0m |
| Dividends paid | −CN¥57.1m | −CN¥66.5m | −CN¥160.8m | −CN¥55.0m | −CN¥75.0m | −CN¥160.9m | −CN¥131.8m | −CN¥66.5m | −CN¥131.8m | −CN¥117.2m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥715.4m | CN¥844.8m | CN¥711.2m | CN¥644.9m | CN¥521.0m | CN¥607.5m | CN¥518.7m | CN¥472.2m |
| Operating income | CN¥60.9m | CN¥55.1m | CN¥35.1m | −CN¥17.6m | CN¥13.1m | CN¥30.3m | CN¥23.2m | −CN¥23.6m |
| Net income | CN¥19.1m | CN¥10.1m | −CN¥13.2m | −CN¥8.9m | −CN¥6,657 | CN¥8.7m | CN¥11.7m | −CN¥13.3m |
| Diluted earnings per share | 0.05 | 0.03 | -0.03 | -0.02 | -0.00 | 0.02 | 0.02 | -0.02 |
| Cash from operations | — | — | — | −CN¥108.0m | −CN¥203.0m | −CN¥48.0m | CN¥103.0m | CN¥91.0m |
| Capital spending | −CN¥115.0m | −CN¥128.0m | −CN¥412.0m | −CN¥45.0m | −CN¥98.0m | −CN¥48.0m | −CN¥356.0m | −CN¥256.0m |
| Free cash flow | — | — | — | −CN¥153.0m | −CN¥301.0m | −CN¥96.0m | −CN¥253.0m | −CN¥165.0m |
| Total assets | CN¥8.00bn | CN¥7.80bn | CN¥7.64bn | CN¥7.66bn | CN¥7.54bn | CN¥7.48bn | CN¥7.14bn | CN¥6.72bn |
| Cash and short-term investments | — | — | — | CN¥447.8m | CN¥501.0m | CN¥675.7m | CN¥583.5m | CN¥774.4m |
| Debt | CN¥1.89bn | CN¥2.48bn | CN¥2.33bn | CN¥1.19bn | CN¥2.81bn | CN¥3.19bn | CN¥2.21bn | CN¥2.92bn |
| Shareholders' equity | CN¥3.10bn | CN¥2.59bn | CN¥2.58bn | CN¥2.51bn | CN¥2.64bn | CN¥2.64bn | CN¥2.63bn | CN¥2.55bn |
Financial ratios
Data as of 14 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | 3.5% | -2.6% | 7.8% | 25.6% | 27.6% | 17.8% |
| Net margin | -0.5% | -4.9% | 4.8% | 19.3% | 19.9% | 8.6% |
| Return on equity | -0.5% | -3.8% | 3.8% | 18.9% | 23.2% | 9.7% |
| Return on assets | -0.2% | -1.4% | 1.6% | 10.6% | 10.7% | 3.8% |
| Free cash flow yield | 10.5% | 12.0% | 17.3% | 12.9% | 12.8% | 10.0% |
| Revenue growth | 23.9% | -8.9% | -20.8% | 1.2% | 37.7% | 10.2% |
| Earnings growth | -86.4% | -193.9% | -80.3% | -1.9% | 216.8% | 17.8% |
| Current ratio | 0.88x | 0.74x | 0.88x | 1.35x | 1.13x | 0.63x |
| Debt to equity | 0.90x | 0.84x | 0.66x | 0.53x | 0.57x | 0.88x |
| Equity ratio | 33.8% | 36.8% | 41.9% | 56.3% | 46.4% | 39.3% |
| Interest coverage | 1.03x | -0.84x | 2.87x | 9.27x | 7.08x | 2.49x |
| R&D as a share of sales | 4.6% | 4.8% | 5.3% | 3.7% | 3.5% | 3.8% |
| Buybacks as a share of market value | 37.7% | -9.0% | 3.4% | 0.5% | -7.5% | -19.1% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -3.7% | 4.5% | 8.3% |
| Operating income | -50.7% | -24.8% | -2.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -0.7% | 9.0% | 13.1% | 12.7% |
| Net margin | -2.5% | 5.6% | 8.8% | 8.7% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | -213.1 | -40.0 | 37.8 | 9.1 | 12.7 | 22.3 |
| Price to sales | 1.1 | 2.0 | 1.8 | 1.8 | 2.5 | 1.9 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 5 Jun 2024.
| FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|
| Paid in the year | 0.052 | 0.268 | 0.11 | 0.125 |
- 6-for-5 split · 10 May 2022
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.