10.95
-0.36%
Close of 9 Nov 2026, in HKD
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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¥4.67bn
FY2017FY2025
Net income
CN¥191.9m
FY2017FY2025
Free cash flow
CN¥543.9m
FY2017FY2025
Shareholders' equity
CN¥7.90bn
FY2017FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥4.67bn | CN¥4.45bn | CN¥4.08bn | CN¥3.73bn | CN¥2.70bn | CN¥1.40bn | CN¥1.09bn | CN¥766.1m | CN¥596.5m |
| Gross profit | CN¥1.19bn | CN¥1.33bn | CN¥1.27bn | CN¥1.19bn | CN¥868.3m | CN¥472.0m | CN¥330.1m | CN¥238.7m | CN¥169.3m |
| Research and development | CN¥11.7m | CN¥13.2m | — | — | — | — | — | — | — |
| Operating income | CN¥458.8m | CN¥821.1m | CN¥889.1m | CN¥777.6m | CN¥692.4m | CN¥300.3m | CN¥174.8m | CN¥105.7m | CN¥48.4m |
| Net income | CN¥191.9m | CN¥598.3m | CN¥682.9m | CN¥556.0m | CN¥514.8m | CN¥170.1m | CN¥39.8m | CN¥2.6m | −CN¥46.4m |
| Diluted earnings per share | 0.31 | 0.96 | 1.08 | 0.90 | 0.83 | 0.28 | 0.14 | 0.00 | -0.08 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥12.44bn | CN¥12.74bn | CN¥12.52bn | CN¥8.44bn | CN¥7.80bn | CN¥4.70bn | CN¥2.21bn | CN¥1.98bn | CN¥1.78bn |
| Cash and short-term investments | CN¥864.1m | CN¥759.8m | CN¥881.4m | CN¥1.03bn | CN¥1.29bn | CN¥2.58bn | CN¥393.4m | CN¥190.6m | CN¥330.7m |
| Total liabilities | CN¥4.53bn | CN¥4.96bn | CN¥5.22bn | CN¥2.68bn | CN¥2.58bn | CN¥359.9m | CN¥2.42bn | CN¥2.17bn | CN¥2.09bn |
| Debt | CN¥2.85bn | CN¥3.24bn | CN¥3.17bn | CN¥1.29bn | CN¥1.23bn | CN¥2.5m | CN¥2.03bn | CN¥1.70bn | CN¥1.65bn |
| Shareholders' equity | CN¥7.90bn | CN¥7.76bn | CN¥7.27bn | CN¥5.75bn | CN¥5.20bn | CN¥4.27bn | −CN¥202.6m | −CN¥191.9m | −CN¥306.7m |
| Shares outstanding | 618m | 626m | 632m | 617m | 618m | 614m | 281m | 600m | 600m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥1.11bn | CN¥707.1m | CN¥912.9m | CN¥799.2m | CN¥497.1m | CN¥296.1m | CN¥228.6m | CN¥159.9m | CN¥66.8m |
| Capital spending | −CN¥563.9m | −CN¥615.1m | −CN¥1.10bn | −CN¥691.6m | −CN¥773.2m | −CN¥321.9m | −CN¥159.7m | −CN¥290.6m | −CN¥229.9m |
| Free cash flow | CN¥543.9m | CN¥92.0m | −CN¥184.2m | CN¥107.6m | −CN¥276.2m | −CN¥25.8m | CN¥69.0m | −CN¥130.7m | −CN¥163.1m |
| Dividends paid | — | — | −CN¥110.2m | — | −CN¥86.4m | −CN¥70.0m | −CN¥70.0m | −CN¥17.2m | −CN¥70.0m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥2.26bn | CN¥2.35bn | CN¥2.32bn | CN¥2.06bn | CN¥2.38bn | CN¥2.32bn | CN¥2.05bn | CN¥1.95bn |
| Gross profit | CN¥617.8m | CN¥577.0m | CN¥616.5m | CN¥573.0m | CN¥742.2m | CN¥702.3m | CN¥658.3m | CN¥611.0m |
| Operating income | CN¥339.8m | CN¥57.1m | CN¥401.7m | CN¥307.5m | CN¥513.7m | CN¥469.5m | CN¥469.3m | CN¥437.9m |
| Net income | CN¥296.0m | −CN¥96.2m | CN¥288.1m | CN¥213.7m | CN¥384.6m | CN¥348.8m | CN¥389.6m | CN¥294.5m |
| Diluted earnings per share | 0.48 | -0.16 | 0.47 | 0.34 | 0.61 | 0.55 | 0.62 | 0.48 |
| Cash from operations | CN¥527.0m | CN¥527.0m | CN¥514.0m | CN¥178.0m | CN¥350.0m | CN¥504.0m | CN¥408.0m | CN¥459.0m |
| Capital spending | −CN¥186.0m | −CN¥274.0m | −CN¥297.0m | −CN¥133.0m | −CN¥330.0m | −CN¥442.0m | −CN¥636.0m | −CN¥389.0m |
| Free cash flow | CN¥341.0m | CN¥253.0m | CN¥217.0m | CN¥45.0m | CN¥20.0m | CN¥62.0m | −CN¥228.0m | CN¥70.0m |
| Total assets | CN¥12.36bn | CN¥12.44bn | CN¥12.76bn | CN¥12.74bn | CN¥11.00bn | CN¥12.52bn | CN¥10.45bn | CN¥8.44bn |
| Cash and short-term investments | CN¥884.9m | CN¥864.1m | CN¥784.1m | CN¥759.8m | CN¥735.0m | CN¥881.4m | CN¥1.75bn | CN¥1.03bn |
| Debt | CN¥645.7m | CN¥2.85bn | CN¥3.08bn | CN¥3.26bn | CN¥2.74bn | CN¥3.17bn | CN¥2.08bn | CN¥1.50bn |
| Shareholders' equity | CN¥8.09bn | CN¥7.90bn | CN¥8.02bn | CN¥7.76bn | CN¥6.63bn | CN¥7.27bn | CN¥6.85bn | CN¥5.75bn |
Financial ratios
Data as of 12 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 25.5% | 29.9% | 31.1% | 31.8% | 32.2% | 33.7% |
| Operating margin | 17.1% | 18.6% | 21.3% | 23.0% | 22.7% | 22.7% |
| Net margin | 4.1% | 13.5% | 16.8% | 14.9% | 19.1% | 12.1% |
| Return on equity | 2.4% | 9.0% | 11.0% | 9.7% | 9.9% | 4.0% |
| Return on assets | 1.5% | 5.5% | 6.4% | 6.6% | 6.6% | 3.6% |
| Free cash flow yield | 24.5% | 22.3% | 28.8% | 21.9% | 18.6% | 10.6% |
| Revenue growth | -9.8% | 9.1% | 27.6% | 38.0% | 65.2% | 29.1% |
| Earnings growth | -72.5% | -12.4% | 43.2% | 8.0% | 159.6% | 327.7% |
| Current ratio | 1.01x | 1.02x | 1.02x | 1.71x | 2.01x | 10.40x |
| Debt to equity | 0.36x | 0.42x | 0.44x | 0.26x | 0.28x | 0.00x |
| Equity ratio | 63.5% | 60.9% | 58.1% | 68.1% | 66.6% | 90.8% |
| Interest coverage | 9.89x | 11.54x | 20.09x | 21.09x | 22.77x | 6.60x |
| R&D as a share of sales | 0.3% | 0.3% | — | — | — | — |
| Buybacks as a share of market value | 1.4% | 0.8% | -2.4% | 0.2% | -0.6% | -118.6% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 7.2% | 27.3% | — |
| Operating income | -16.1% | 8.8% | — |
| Net income | -29.9% | 2.4% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 27.7% | 29.4% | 30.0% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | 34.5 | 13.0 | 28.3 | 53.8 | 50.8 | 153.6 |
| Price to sales | 1.5 | 1.8 | 4.8 | 8.2 | 9.8 | 19.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 30 Jun 2023.
| FY2023 | FY2021 | |
|---|---|---|
| Paid in the year | 0.164 | 0.144 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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