S 
0.82
0.00%
Close of 9 Nov 2026, in HKD
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¥163.9m
FY2019FY2025
Net income
−CN¥115.1m
FY2019FY2025
Free cash flow
−CN¥72.3m
FY2019FY2025
Shareholders' equity
CN¥2.53bn
FY2019FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | CN¥163.9m | CN¥139.6m | CN¥364.9m | CN¥747.1m | CN¥963.8m | CN¥1.33bn | CN¥1.55bn |
| Research and development | — | CN¥9.0m | — | CN¥36.9m | CN¥44.2m | CN¥57.0m | CN¥62.2m |
| Operating income | CN¥9.3m | −CN¥113.6m | −CN¥169.9m | CN¥35.8m | −CN¥2.8m | CN¥257.3m | CN¥428.8m |
| Net income | −CN¥115.1m | −CN¥198.9m | −CN¥1.37bn | CN¥74.3m | −CN¥295.1m | −CN¥14.1m | CN¥276.6m |
| Diluted earnings per share | -0.29 | -0.50 | -3.72 | 0.19 | -0.77 | -0.04 | 0.69 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Total assets | CN¥2.70bn | CN¥2.90bn | CN¥3.22bn | CN¥4.27bn | CN¥3.89bn | CN¥4.37bn | CN¥4.52bn |
| Cash and short-term investments | CN¥427.6m | CN¥425.3m | CN¥353.9m | CN¥502.6m | CN¥468.0m | CN¥772.7m | CN¥557.4m |
| Total liabilities | CN¥185.2m | CN¥251.2m | CN¥345.7m | CN¥444.1m | CN¥424.8m | CN¥449.8m | CN¥544.4m |
| Debt | CN¥3.1m | CN¥6.9m | CN¥12.0m | CN¥13.3m | CN¥4.0m | CN¥97.5m | CN¥168.9m |
| Shareholders' equity | CN¥2.53bn | CN¥2.66bn | CN¥2.88bn | CN¥3.81bn | CN¥3.41bn | CN¥3.33bn | CN¥3.37bn |
| Shares outstanding | 399m | 399m | 369m | 398m | 383m | 398m | 399m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Cash from operations | −CN¥70.6m | −CN¥28.3m | CN¥57.8m | CN¥279.1m | CN¥350.0m | CN¥340.6m | CN¥441.7m |
| Capital spending | −CN¥1.7m | −CN¥12.9m | −CN¥48.6m | −CN¥105.7m | −CN¥484.1m | −CN¥22.3m | −CN¥33.7m |
| Free cash flow | −CN¥72.3m | −CN¥41.2m | CN¥9.2m | CN¥173.4m | −CN¥134.1m | CN¥318.3m | CN¥408.0m |
| Dividends paid | — | — | — | — | −CN¥54.2m | — | — |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Sept 2024 | Jun 2024 | Mar 2024 | Dec 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥45.3m | CN¥107.4m | CN¥59.0m | CN¥78.7m | CN¥46.0m | CN¥60.8m | CN¥35.6m | CN¥241.0m |
| Operating income | −CN¥20.8m | CN¥16.2m | −CN¥6.7m | −CN¥79.3m | −CN¥38.9m | −CN¥34.3m | −CN¥20.1m | −CN¥273.1m |
| Net income | −CN¥39.9m | −CN¥105.4m | −CN¥11.0m | −CN¥150.3m | −CN¥87.9m | −CN¥48.6m | −CN¥28.4m | −CN¥1.36bn |
| Diluted earnings per share | -0.10 | -0.26 | -0.03 | -0.38 | -0.22 | -0.12 | -0.07 | -3.67 |
| Cash from operations | — | −CN¥58.0m | −CN¥13.0m | −CN¥4.0m | — | −CN¥24.0m | −CN¥14.0m | −CN¥11.0m |
| Capital spending | — | — | — | −CN¥9.0m | — | −CN¥16.0m | −CN¥9.0m | −CN¥16.0m |
| Free cash flow | — | — | — | −CN¥13.0m | — | −CN¥40.0m | −CN¥23.0m | −CN¥27.0m |
| Total assets | CN¥2.68bn | CN¥2.70bn | CN¥2.83bn | CN¥2.90bn | CN¥2.90bn | CN¥3.09bn | CN¥3.09bn | CN¥3.22bn |
| Cash and short-term investments | CN¥454.5m | CN¥427.6m | CN¥532.9m | CN¥425.3m | CN¥425.3m | CN¥446.5m | CN¥446.5m | CN¥353.9m |
| Debt | CN¥918,831 | CN¥2.6m | CN¥6.7m | CN¥6.9m | CN¥4.6m | CN¥9.2m | CN¥5.4m | CN¥5.7m |
| Shareholders' equity | CN¥2.47bn | CN¥2.53bn | CN¥2.64bn | CN¥2.66bn | CN¥2.66bn | CN¥2.83bn | CN¥2.83bn | CN¥2.88bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -39.7% | -34.3% | — |
| Operating income | -36.2% | -48.5% | — |
| Net income | — | 52.2% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -34.4% | -16.8% | 0.4% | — |
| Net margin | -103.5% | -113.9% | -51.7% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Price to earnings | -3.1 | -6.5 | -2.8 | 80.2 |
| Price to sales | 2.1 | 9.3 | 10.5 | 8.0 |
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.