1.14
+0.88%
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¥61.21bn
FY2015FY2025
Net income
−CN¥307.8m
FY2015FY2025
Free cash flow
CN¥253.8m
FY2015FY2025
Shareholders' equity
CN¥17.28bn
FY2015FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥61.21bn | CN¥60.83bn | CN¥61.69bn | CN¥83.66bn | CN¥99.69bn | CN¥95.36bn | CN¥99.36bn | CN¥102.32bn | CN¥100.44bn | CN¥96.41bn |
| Gross profit | CN¥14.83bn | CN¥14.65bn | CN¥15.27bn | CN¥20.58bn | CN¥25.09bn | CN¥25.73bn | CN¥25.12bn | CN¥24.67bn | CN¥23.98bn | CN¥22.46bn |
| Operating income | −CN¥479.5m | CN¥1.21bn | −CN¥857.7m | CN¥1.18bn | CN¥4.37bn | CN¥4.89bn | CN¥4.20bn | CN¥4.49bn | CN¥3.94bn | CN¥3.58bn |
| Net income | −CN¥307.8m | CN¥344.3m | −CN¥1.36bn | CN¥109.0m | CN¥2.86bn | CN¥2.83bn | CN¥2.59bn | CN¥2.79bn | CN¥2.57bn | CN¥2.44bn |
| Diluted earnings per share | -0.03 | 0.04 | -0.14 | 0.01 | 0.30 | 0.30 | 0.27 | 0.29 | 0.27 | 0.26 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥49.96bn | CN¥55.97bn | CN¥60.72bn | CN¥64.12bn | CN¥69.23bn | CN¥71.19bn | CN¥61.78bn | CN¥59.74bn | CN¥60.34bn | CN¥55.51bn |
| Cash and short-term investments | CN¥13.87bn | CN¥13.22bn | CN¥16.42bn | CN¥19.18bn | CN¥20.12bn | CN¥13.27bn | CN¥13.48bn | CN¥10.39bn | CN¥8.14bn | CN¥6.62bn |
| Total liabilities | CN¥32.69bn | CN¥35.55bn | CN¥38.92bn | CN¥39.92bn | CN¥41.37bn | CN¥45.83bn | CN¥36.68bn | CN¥36.19bn | CN¥37.53bn | CN¥33.88bn |
| Debt | CN¥7.50bn | CN¥7.32bn | CN¥8.38bn | CN¥7.71bn | CN¥8.05bn | CN¥8.57bn | CN¥8.84bn | CN¥3.0m | CN¥26.0m | CN¥640.0m |
| Shareholders' equity | CN¥17.28bn | CN¥20.09bn | CN¥21.40bn | CN¥23.52bn | CN¥26.22bn | CN¥23.93bn | CN¥22.29bn | CN¥22.32bn | CN¥21.79bn | CN¥20.75bn |
| Shares outstanding | 9,540m | 9,541m | 9,540m | 9,540m | 9,540m | 9,540m | 9,540m | 9,540m | 9,540m | — |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥761.3m | CN¥3.02bn | CN¥926.0m | CN¥4.30bn | CN¥9.62bn | CN¥4.61bn | CN¥6.42bn | CN¥6.99bn | CN¥6.95bn | CN¥6.30bn |
| Capital spending | −CN¥507.5m | −CN¥10.2m | −CN¥19.0m | −CN¥18.0m | −CN¥2.53bn | −CN¥8.0m | −CN¥11.0m | −CN¥32.0m | −CN¥44.0m | −CN¥42.0m |
| Free cash flow | CN¥253.8m | CN¥3.01bn | CN¥907.0m | CN¥4.28bn | CN¥7.09bn | CN¥4.60bn | CN¥6.41bn | CN¥6.96bn | CN¥6.91bn | CN¥6.26bn |
| Dividends paid | −CN¥2.10bn | −CN¥1.45bn | −CN¥401.0m | −CN¥377.0m | −CN¥1.05bn | −CN¥1.15bn | −CN¥1.24bn | −CN¥1.97bn | −CN¥1.52bn | −CN¥1.22bn |
Latest quarters
By quarter end
| Mar 2026 | Sept 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Jun 2024 | Mar 2024 | Dec 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥32.17bn | CN¥15.25bn | CN¥15.66bn | CN¥18.42bn | CN¥14.75bn | CN¥17.35bn | CN¥15.64bn | CN¥18.40bn |
| Gross profit | CN¥7.48bn | CN¥3.86bn | CN¥3.70bn | CN¥4.36bn | CN¥3.62bn | CN¥4.26bn | CN¥3.85bn | CN¥4.53bn |
| Operating income | −CN¥266.7m | CN¥135.5m | CN¥341.7m | CN¥402.0m | CN¥264.0m | CN¥310.5m | −CN¥436.9m | −CN¥514.0m |
| Net income | −CN¥191.4m | −CN¥61.5m | CN¥84.6m | CN¥99.5m | CN¥87.6m | CN¥103.0m | −CN¥529.6m | −CN¥623.0m |
| Diluted earnings per share | -0.02 | -0.01 | 0.01 | 0.01 | 0.01 | 0.01 | -0.06 | -0.07 |
| Cash from operations | −CN¥301.0m | CN¥1.33bn | CN¥4.20bn | CN¥2.10bn | −CN¥643.0m | −CN¥320.0m | −CN¥937.0m | −CN¥937.0m |
| Capital spending | −CN¥262.0m | −CN¥1.0m | −CN¥3.0m | — | −CN¥9.0m | — | — | — |
| Free cash flow | −CN¥563.0m | CN¥1.32bn | CN¥4.19bn | — | −CN¥652.0m | — | — | — |
| Total assets | CN¥49.96bn | CN¥53.63bn | CN¥47.58bn | CN¥55.97bn | CN¥52.71bn | CN¥62.00bn | CN¥51.61bn | CN¥60.72bn |
| Cash and short-term investments | CN¥13.87bn | CN¥20.18bn | CN¥11.24bn | CN¥13.22bn | CN¥13.16bn | CN¥15.48bn | CN¥13.96bn | CN¥16.42bn |
| Debt | CN¥3.56bn | CN¥7.22bn | CN¥6.25bn | CN¥3.14bn | CN¥7.97bn | CN¥4.50bn | CN¥7.14bn | CN¥3.43bn |
| Shareholders' equity | CN¥17.28bn | CN¥18.25bn | CN¥17.08bn | CN¥20.09bn | CN¥18.22bn | CN¥21.43bn | CN¥18.19bn | CN¥21.40bn |
Financial ratios
Data as of 2 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 24.2% | 24.1% | 24.7% | 24.6% | 24.4% | — | 25.2% | — |
| Operating margin | -0.8% | 2.0% | -1.4% | 1.5% | -0.4% | — | 3.1% | — |
| Net margin | -0.5% | 0.6% | -2.2% | 0.1% | -0.9% | — | 2.9% | — |
| Return on equity | -1.8% | 2.0% | -7.5% | 0.5% | -3.4% | — | 10.9% | — |
| Return on assets | -0.6% | 0.7% | -2.6% | 0.2% | -1.3% | — | 4.1% | — |
| Free cash flow yield | 13.1% | 36.8% | 9.8% | 44.6% | 37.1% | — | 125.4% | — |
| Revenue growth | -14.4% | -1.4% | -13.3% | -5.1% | — | — | 4.5% | -4.0% |
| Earnings growth | -176.0% | -125.2% | -1572.5% | -113.2% | — | — | 0.8% | 9.5% |
| Current ratio | 0.82x | 0.96x | 0.91x | 0.97x | 0.99x | 1.01x | — | — |
| Debt to equity | 0.21x | 0.16x | 0.16x | 0.10x | 0.06x | — | 0.05x | — |
| Equity ratio | 34.6% | 35.9% | 35.3% | 36.7% | 36.4% | — | 37.9% | — |
| Interest coverage | -1.48x | 3.61x | -2.37x | 2.68x | -0.69x | — | 4.73x | — |
| Buybacks as a share of market value | 0.0% | -0.0% | 0.0% | 0.0% | 0.0% | — | 0.0% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -9.9% | -9.3% | -4.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 24.2% | 24.4% | — | — |
| Operating margin | 0.6% | 0.4% | — | — |
| Net margin | 0.0% | -0.5% | — | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -46.5 | 59.5 | -8.5 | 194.1 | 22.7 | 27.5 | 25.5 | 24.4 | 21.8 | 19.8 |
| Price to sales | 0.2 | 0.3 | 0.2 | 0.3 | 0.7 | 0.8 | 0.7 | 0.7 | 0.6 | 0.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 14 years. Last went ex-dividend on 2 Jun 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.085 | 0.255 | 0.21 | 0.045 | 0.175 | 0.15 | 0.14 | 0.16 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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