H 
23.25
-0.04%
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¥3.76bn
FY2016FY2025
Net income
CN¥232.0m
FY2016FY2025
Free cash flow
−CN¥324.7m
FY2016FY2025
Shareholders' equity
CN¥3.42bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥3.76bn | CN¥2.93bn | CN¥2.76bn | CN¥2.80bn | CN¥2.46bn | CN¥2.59bn | CN¥1.95bn | CN¥1.45bn | CN¥761.0m | CN¥464.9m |
| Gross profit | CN¥1.18bn | CN¥809.3m | CN¥734.0m | CN¥644.3m | CN¥644.0m | CN¥892.4m | CN¥589.8m | CN¥381.3m | CN¥203.8m | CN¥141.6m |
| Research and development | CN¥139.0m | CN¥107.2m | CN¥104.8m | CN¥101.4m | CN¥91.1m | CN¥86.3m | CN¥66.4m | CN¥48.8m | CN¥28.6m | CN¥18.6m |
| Operating income | CN¥301.9m | CN¥461.2m | CN¥507.9m | CN¥456.2m | CN¥401.7m | CN¥701.2m | CN¥378.6m | CN¥213.3m | CN¥74.0m | CN¥18.5m |
| Net income | CN¥232.0m | CN¥387.5m | CN¥438.6m | CN¥422.9m | CN¥362.7m | CN¥602.0m | CN¥315.3m | CN¥185.1m | CN¥67.0m | CN¥22.2m |
| Diluted earnings per share | 1.10 | 1.78 | 2.05 | 1.88 | 1.64 | 2.17 | 1.88 | 0.87 | 0.32 | 0.10 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥5.11bn | CN¥4.85bn | CN¥4.65bn | CN¥4.16bn | CN¥3.95bn | CN¥3.39bn | CN¥1.25bn | CN¥917.9m | CN¥664.3m | CN¥530.0m |
| Cash and short-term investments | — | CN¥1.50bn | CN¥2.30bn | CN¥1.88bn | CN¥2.02bn | CN¥1.78bn | CN¥123.8m | CN¥58.0m | CN¥47.2m | CN¥74.4m |
| Total liabilities | CN¥1.69bn | CN¥1.55bn | CN¥1.43bn | CN¥1.15bn | CN¥959.4m | CN¥598.8m | CN¥615.4m | CN¥565.8m | CN¥467.3m | CN¥463.8m |
| Debt | CN¥240.2m | CN¥370.0m | CN¥390.6m | CN¥6.7m | CN¥9.2m | CN¥58.6m | CN¥189.2m | CN¥191.4m | CN¥155.2m | CN¥195.8m |
| Shareholders' equity | CN¥3.42bn | CN¥3.30bn | CN¥3.22bn | CN¥3.01bn | CN¥2.99bn | CN¥2.79bn | CN¥638.6m | CN¥352.1m | CN¥197.0m | CN¥66.2m |
| Shares outstanding | 212m | 217m | 214m | 224m | 221m | 278m | 168m | 212m | 212m | 212m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥237.5m | CN¥584.3m | CN¥784.4m | CN¥592.4m | CN¥603.4m | CN¥823.6m | CN¥427.8m | CN¥263.7m | CN¥140.1m | CN¥22.7m |
| Capital spending | −CN¥562.2m | −CN¥649.3m | −CN¥282.0m | −CN¥402.4m | −CN¥246.5m | −CN¥470.6m | −CN¥308.5m | −CN¥171.6m | −CN¥131.1m | −CN¥42.7m |
| Free cash flow | −CN¥324.7m | −CN¥65.1m | CN¥502.4m | CN¥190.1m | CN¥356.9m | CN¥353.1m | CN¥119.3m | CN¥92.1m | CN¥9.0m | −CN¥20.0m |
| Dividends paid | −CN¥136.0m | −CN¥272.2m | −CN¥329.3m | −CN¥232.9m | −CN¥106.7m | −CN¥8.5m | −CN¥30.0m | −CN¥36.9m | −CN¥25.9m | −CN¥12.8m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥986.4m | CN¥974.7m | CN¥1.04bn | CN¥958.5m | CN¥848.9m | CN¥911.1m | CN¥888.1m | CN¥728.1m |
| Gross profit | CN¥264.5m | CN¥324.0m | CN¥321.4m | CN¥285.7m | CN¥260.4m | CN¥315.8m | CN¥231.4m | CN¥199.1m |
| Operating income | CN¥64.9m | CN¥100.9m | CN¥52.9m | CN¥59.3m | CN¥67.3m | CN¥106.3m | CN¥124.2m | CN¥113.1m |
| Net income | CN¥70.3m | CN¥83.5m | CN¥28.6m | CN¥54.9m | CN¥57.9m | CN¥90.6m | CN¥93.1m | CN¥100.4m |
| Diluted earnings per share | 0.33 | 0.39 | 0.14 | 0.26 | 0.27 | 0.43 | 0.43 | 0.46 |
| Cash from operations | — | — | — | CN¥104.0m | −CN¥79.0m | CN¥40.0m | — | CN¥137.0m |
| Capital spending | −CN¥124.0m | −CN¥194.0m | −CN¥64.0m | −CN¥316.0m | −CN¥96.0m | −CN¥84.0m | −CN¥62.0m | −CN¥236.0m |
| Free cash flow | — | — | — | −CN¥212.0m | −CN¥175.0m | −CN¥44.0m | — | −CN¥99.0m |
| Total assets | CN¥5.42bn | CN¥5.11bn | CN¥5.11bn | CN¥5.22bn | CN¥5.32bn | CN¥5.17bn | CN¥4.85bn | CN¥4.63bn |
| Cash and short-term investments | — | — | — | CN¥455.2m | CN¥1.11bn | CN¥1.25bn | CN¥1.38bn | CN¥1.44bn |
| Debt | CN¥154.5m | CN¥178.9m | CN¥240.2m | CN¥795.2m | CN¥266.2m | CN¥397.3m | CN¥368.3m | CN¥350.2m |
| Shareholders' equity | CN¥3.37bn | CN¥3.48bn | CN¥3.42bn | CN¥3.39bn | CN¥3.33bn | CN¥3.39bn | CN¥3.30bn | CN¥3.19bn |
Financial ratios
Data as of 12 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 31.5% | 27.6% | 26.6% | 23.0% | 26.2% | 34.4% |
| Operating margin | 7.6% | 16.3% | 18.9% | 16.5% | 17.1% | 27.6% |
| Net margin | 6.2% | 13.2% | 15.9% | 15.1% | 14.7% | 23.2% |
| Return on equity | 6.8% | 11.7% | 13.6% | 14.0% | 12.1% | 21.6% |
| Return on assets | 4.5% | 8.0% | 9.4% | 10.2% | 9.2% | 17.8% |
| Free cash flow yield | 14.7% | 22.1% | 19.5% | 17.3% | 15.0% | 18.2% |
| Revenue growth | 28.2% | 6.3% | -1.6% | 13.8% | -5.0% | 32.6% |
| Earnings growth | -40.1% | -11.6% | 3.7% | 16.6% | -39.8% | 90.9% |
| Current ratio | 1.75x | 1.52x | 2.16x | 2.46x | 2.90x | 4.15x |
| Debt to equity | 0.07x | 0.11x | 0.12x | 0.00x | 0.00x | 0.02x |
| Equity ratio | 66.9% | 68.0% | 69.2% | 72.4% | 75.7% | 82.3% |
| Interest coverage | 18.68x | 28.68x | 37.13x | 71.73x | 63.16x | 49.70x |
| R&D as a share of sales | 3.7% | 3.7% | 3.8% | 3.6% | 3.7% | 3.3% |
| Buybacks as a share of market value | 2.5% | -1.8% | 4.9% | -1.4% | 20.3% | -65.4% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 10.3% | 7.7% | — |
| Operating income | -12.9% | -15.5% | — |
| Net income | -18.1% | -17.4% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 29.8% | 27.5% | 28.4% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | 28.2 | 16.0 | 13.3 | 19.7 | 24.0 | 42.1 |
| Price to sales | 1.7 | 2.1 | 2.1 | 3.0 | 3.5 | 9.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 5 years. Last went ex-dividend on 6 Jul 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Paid in the year | 0.85 | 0.607 | 1.214 | 1.143 | 1.071 | 0.479 |
- 7-for-5 split · 12 Jun 2025
- 1.49-for-1 split · 10 May 2021
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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