N 
14.78
-6.46%
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¥3.06bn
FY2016FY2025
Net income
CN¥40.7m
FY2016FY2025
Free cash flow
−CN¥317.8m
FY2016FY2025
Shareholders' equity
CN¥3.42bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥3.06bn | CN¥3.16bn | CN¥3.08bn | CN¥2.86bn | CN¥2.87bn | CN¥2.32bn | CN¥2.35bn | CN¥2.36bn | CN¥2.11bn | CN¥1.88bn |
| Gross profit | CN¥588.4m | CN¥749.8m | CN¥726.6m | CN¥609.6m | CN¥887.6m | CN¥890.5m | CN¥910.8m | CN¥826.5m | CN¥714.4m | CN¥755.8m |
| Research and development | CN¥110.4m | CN¥103.1m | CN¥85.7m | CN¥70.4m | CN¥79.5m | CN¥86.5m | CN¥75.8m | CN¥49.7m | CN¥49.3m | CN¥44.3m |
| Operating income | CN¥44.4m | CN¥233.3m | CN¥273.5m | CN¥197.0m | CN¥460.4m | CN¥406.7m | CN¥389.0m | CN¥310.5m | CN¥257.9m | CN¥329.7m |
| Net income | CN¥40.7m | CN¥201.4m | CN¥232.4m | CN¥160.6m | CN¥368.4m | CN¥325.2m | CN¥298.3m | CN¥277.4m | CN¥217.0m | CN¥283.7m |
| Diluted earnings per share | 0.10 | 0.48 | 0.55 | 0.38 | 0.83 | 0.90 | 0.71 | 0.66 | 0.52 | 0.67 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥4.24bn | CN¥4.31bn | CN¥4.10bn | CN¥4.16bn | CN¥4.12bn | CN¥2.89bn | CN¥2.62bn | CN¥2.38bn | CN¥2.50bn | CN¥2.14bn |
| Cash and short-term investments | CN¥859.6m | CN¥1.33bn | CN¥1.70bn | CN¥2.08bn | CN¥2.04bn | CN¥1.13bn | CN¥863.2m | CN¥641.6m | CN¥647.2m | CN¥405.6m |
| Total liabilities | CN¥820.3m | CN¥855.0m | CN¥747.1m | CN¥908.9m | CN¥919.3m | CN¥946.6m | CN¥802.2m | CN¥811.7m | CN¥1.21bn | CN¥905.1m |
| Debt | CN¥345.2m | CN¥295.7m | CN¥289.7m | CN¥424.6m | CN¥372.8m | CN¥469.2m | CN¥442.2m | CN¥438.7m | CN¥550.5m | CN¥416.9m |
| Shareholders' equity | CN¥3.42bn | CN¥3.45bn | CN¥3.35bn | CN¥3.25bn | CN¥3.20bn | CN¥1.94bn | CN¥1.82bn | CN¥1.57bn | CN¥1.29bn | CN¥1.23bn |
| Shares outstanding | 421m | 421m | 422m | 424m | 442m | 362m | 421m | 421m | 421m | 421m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥52.9m | CN¥231.6m | CN¥420.5m | CN¥200.6m | CN¥212.9m | CN¥503.9m | CN¥445.3m | CN¥485.3m | CN¥316.2m | CN¥343.2m |
| Capital spending | −CN¥370.7m | −CN¥208.5m | −CN¥180.1m | −CN¥112.0m | −CN¥109.6m | −CN¥75.0m | −CN¥164.0m | −CN¥103.9m | −CN¥243.0m | −CN¥542.6m |
| Free cash flow | −CN¥317.8m | CN¥23.1m | CN¥240.4m | CN¥88.5m | CN¥103.3m | CN¥428.9m | CN¥281.3m | CN¥381.4m | CN¥73.2m | −CN¥199.4m |
| Dividends paid | −CN¥77.3m | −CN¥53.9m | −CN¥136.5m | −CN¥150.0m | −CN¥126.8m | −CN¥213.5m | −CN¥67.1m | −CN¥261.5m | −CN¥147.5m | −CN¥54.6m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥700.0m | CN¥766.6m | CN¥796.7m | CN¥708.0m | CN¥765.5m | CN¥789.5m | CN¥854.5m | CN¥739.0m |
| Gross profit | CN¥131.4m | CN¥144.4m | CN¥157.2m | CN¥116.5m | CN¥142.1m | CN¥164.6m | CN¥185.8m | CN¥157.2m |
| Operating income | −CN¥4.6m | CN¥1.4m | CN¥7.9m | −CN¥22.5m | CN¥10.7m | CN¥35.8m | CN¥51.5m | CN¥26.0m |
| Net income | −CN¥425,791 | CN¥3.0m | CN¥11.8m | −CN¥7.1m | CN¥7.0m | CN¥29.0m | CN¥51.1m | CN¥21.8m |
| Diluted earnings per share | -0.00 | 0.01 | 0.03 | -0.02 | 0.02 | 0.07 | 0.12 | 0.05 |
| Cash from operations | — | — | CN¥57.0m | −CN¥39.0m | CN¥19.0m | CN¥14.0m | CN¥47.0m | −CN¥40.0m |
| Capital spending | −CN¥73.0m | −CN¥125.0m | −CN¥136.0m | −CN¥88.0m | −CN¥64.0m | −CN¥80.0m | −CN¥49.0m | −CN¥57.0m |
| Free cash flow | — | — | −CN¥79.0m | −CN¥127.0m | −CN¥45.0m | −CN¥66.0m | −CN¥2.0m | −CN¥97.0m |
| Total assets | CN¥4.14bn | CN¥4.18bn | CN¥4.24bn | CN¥4.16bn | CN¥4.15bn | CN¥4.14bn | CN¥4.31bn | CN¥4.22bn |
| Cash and short-term investments | — | — | CN¥859.6m | CN¥933.9m | CN¥1.02bn | CN¥1.24bn | CN¥1.33bn | CN¥1.65bn |
| Debt | CN¥43.3m | CN¥30.0m | CN¥260.0m | CN¥267.5m | CN¥240.4m | CN¥221.0m | CN¥249.9m | CN¥251.5m |
| Shareholders' equity | CN¥3.41bn | CN¥3.42bn | CN¥3.42bn | CN¥3.41bn | CN¥3.41bn | CN¥3.48bn | CN¥3.45bn | CN¥3.40bn |
Financial ratios
Data as of 9 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 19.2% | 23.7% | 23.6% | 21.3% | 30.9% | 38.3% |
| Operating margin | 1.8% | 5.6% | 6.9% | 5.0% | 14.6% | 16.7% |
| Net margin | 1.3% | 6.4% | 7.5% | 5.6% | 12.8% | 14.0% |
| Return on equity | 1.2% | 5.8% | 6.9% | 4.9% | 11.5% | 16.7% |
| Return on assets | 1.0% | 4.7% | 5.7% | 3.9% | 8.9% | 11.2% |
| Free cash flow yield | 7.5% | 7.8% | 10.5% | 5.5% | 5.4% | 11.9% |
| Revenue growth | -3.0% | 2.5% | 7.7% | -0.4% | 23.7% | -1.2% |
| Earnings growth | -79.8% | -13.3% | 44.7% | -56.4% | 13.3% | 9.0% |
| Current ratio | 3.19x | 2.92x | 3.53x | 3.47x | 3.40x | 1.81x |
| Debt to equity | 0.08x | 0.07x | 0.07x | 0.11x | 0.09x | 0.24x |
| Equity ratio | 80.7% | 80.1% | 81.7% | 78.1% | 77.6% | 67.2% |
| Interest coverage | 6.47x | 17.35x | 16.95x | 9.91x | 21.57x | 22.77x |
| R&D as a share of sales | 3.6% | 3.3% | 2.8% | 2.5% | 2.8% | 3.7% |
| Buybacks as a share of market value | 0.0% | 0.3% | 0.5% | 3.9% | -22.2% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 2.3% | 5.7% | 6.5% |
| Operating income | -39.1% | -35.8% | -16.3% |
| Net income | -36.7% | -34.0% | -15.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 21.5% | 22.0% | 25.6% | 30.0% |
| Operating margin | 4.5% | 6.1% | 9.3% | 11.4% |
| Net margin | 3.9% | 5.2% | 7.7% | 9.5% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | 203.0 | 35.6 | 34.2 | 60.1 | 40.0 |
| Price to sales | 2.7 | 2.3 | 2.6 | 3.4 | 5.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 5 years. Last went ex-dividend on 16 Jun 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Paid in the year | 0.03 | 0.17 | 0.11 | 0.30 | 0.33 | 0.26 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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