R 
131.29
+6.10%
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¥6.32bn
FY2016FY2025
Net income
CN¥1.10bn
FY2016FY2025
Free cash flow
CN¥1.28bn
FY2016FY2025
Shareholders' equity
CN¥6.26bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥6.32bn | CN¥4.32bn | CN¥3.56bn | CN¥2.65bn | CN¥1.78bn | CN¥1.56bn | CN¥684.7m | CN¥384.1m | CN¥155.7m | CN¥60.3m |
| Research and development | CN¥1.15bn | CN¥860.7m | CN¥683.3m | CN¥536.4m | CN¥417.8m | CN¥228.3m | CN¥111.1m | CN¥65.1m | CN¥26.8m | CN¥17.9m |
| Operating income | CN¥1.07bn | CN¥442.1m | CN¥411.3m | CN¥304.5m | CN¥450.0m | CN¥666.3m | CN¥214.6m | CN¥133.7m | CN¥65.0m | CN¥7.0m |
| Net income | CN¥1.10bn | CN¥569.0m | CN¥495.8m | CN¥313.4m | CN¥461.2m | CN¥584.2m | CN¥202.1m | CN¥125.2m | CN¥64.4m | CN¥9.7m |
| Diluted earnings per share | 2.62 | 1.27 | 1.09 | 0.69 | 1.03 | 1.30 | 0.45 | 0.26 | 0.15 | 0.02 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥10.51bn | CN¥8.81bn | CN¥8.30bn | CN¥6.33bn | CN¥4.89bn | CN¥3.54bn | CN¥2.54bn | CN¥1.19bn | CN¥500.3m | CN¥306.7m |
| Cash and short-term investments | CN¥1.36bn | CN¥1.05bn | CN¥1.39bn | CN¥952.6m | CN¥814.4m | CN¥1.28bn | CN¥1.49bn | CN¥454.8m | CN¥53.1m | CN¥25.7m |
| Total liabilities | −CN¥6.26bn | CN¥3.28bn | CN¥3.17bn | CN¥1.99bn | CN¥1.11bn | CN¥614.8m | CN¥201.7m | CN¥185.3m | CN¥139.5m | CN¥51.6m |
| Debt | — | CN¥1.81bn | CN¥1.94bn | CN¥890.8m | CN¥319.2m | CN¥92.1m | CN¥9.3m | CN¥5.6m | CN¥50.0m | — |
| Shareholders' equity | CN¥6.26bn | CN¥5.40bn | CN¥4.81bn | CN¥3.96bn | CN¥3.48bn | CN¥2.93bn | CN¥2.34bn | CN¥1.01bn | CN¥360.8m | CN¥254.9m |
| Shares outstanding | 420m | 448m | 454m | 453m | 448m | 448m | 445m | 489m | 420m | 420m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥1.86bn | CN¥449.6m | CN¥504.0m | CN¥501.0m | CN¥218.8m | CN¥163.9m | CN¥159.1m | CN¥36.2m | −CN¥7.5m | −CN¥35.3m |
| Capital spending | −CN¥577.8m | −CN¥443.4m | −CN¥464.8m | −CN¥805.1m | −CN¥642.9m | −CN¥487.2m | −CN¥129.1m | −CN¥110.3m | −CN¥50.8m | −CN¥26.3m |
| Free cash flow | CN¥1.28bn | CN¥6.2m | CN¥39.2m | −CN¥304.1m | −CN¥424.1m | −CN¥323.3m | CN¥30.0m | −CN¥74.1m | −CN¥58.3m | −CN¥61.6m |
| Dividends paid | −CN¥91.9m | −CN¥93.2m | −CN¥49.2m | −CN¥49.8m | −CN¥62.3m | −CN¥20.5m | −CN¥45,805 | −CN¥1.3m | −CN¥968,322 | −CN¥2.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥2.45bn | CN¥1.94bn | CN¥2.24bn | CN¥1.54bn | CN¥1.41bn | CN¥1.14bn | CN¥1.17bn | CN¥1.13bn |
| Operating income | CN¥993.1m | CN¥580.2m | CN¥366.6m | CN¥352.7m | CN¥508.6m | CN¥137.2m | CN¥33.7m | CN¥202.6m |
| Net income | CN¥780.6m | CN¥478.7m | CN¥393.6m | CN¥355.8m | CN¥205.2m | CN¥145.8m | CN¥85.6m | CN¥259.1m |
| Diluted earnings per share | 1.86 | 1.14 | 0.94 | 0.85 | 0.49 | 0.35 | 0.19 | 0.58 |
| Cash from operations | — | — | — | CN¥461.0m | CN¥82.0m | CN¥236.0m | — | CN¥119.0m |
| Capital spending | −CN¥192.0m | −CN¥184.0m | −CN¥230.0m | −CN¥121.0m | −CN¥108.0m | −CN¥117.0m | −CN¥131.0m | −CN¥76.0m |
| Free cash flow | — | — | — | CN¥340.0m | −CN¥26.0m | CN¥119.0m | — | CN¥43.0m |
| Total assets | CN¥12.30bn | CN¥11.38bn | CN¥10.51bn | CN¥9.92bn | CN¥9.34bn | CN¥9.08bn | CN¥8.81bn | CN¥8.74bn |
| Cash and short-term investments | — | — | CN¥1.36bn | CN¥1.36bn | CN¥1.07bn | CN¥1.20bn | CN¥1.05bn | CN¥1.08bn |
| Debt | CN¥1.20bn | CN¥1.27bn | CN¥1.40bn | CN¥458.8m | CN¥1.60bn | CN¥1.54bn | CN¥1.47bn | CN¥1.58bn |
| Shareholders' equity | CN¥8.10bn | CN¥7.31bn | CN¥6.26bn | CN¥6.22bn | CN¥5.76bn | CN¥5.61bn | CN¥5.40bn | CN¥5.19bn |
Financial ratios
Data as of 18 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | 17.0% | 10.2% | 11.6% | 11.5% | 25.3% | 42.7% |
| Net margin | 17.4% | 13.2% | 13.9% | 11.8% | 25.9% | 37.4% |
| Return on equity | 17.6% | 10.5% | 10.3% | 7.9% | 13.2% | 19.9% |
| Return on assets | 10.5% | 6.5% | 6.0% | 5.0% | 9.4% | 16.5% |
| Free cash flow yield | 3.1% | 1.1% | 1.2% | 1.6% | 1.0% | 0.8% |
| Revenue growth | 46.5% | 21.3% | 34.5% | 48.6% | 14.0% | 128.1% |
| Earnings growth | 93.4% | 14.8% | 58.2% | -32.1% | -21.1% | 189.1% |
| Current ratio | 3.08x | 2.84x | 2.88x | 2.14x | 3.19x | 5.08x |
| Debt to equity | 0.22x | 0.27x | 0.33x | 0.13x | 0.04x | 0.02x |
| Equity ratio | 59.6% | 61.4% | 58.0% | 62.6% | 71.2% | 82.6% |
| Interest coverage | 16.62x | 6.23x | 5.60x | 17.21x | 194.64x | 351.82x |
| R&D as a share of sales | 18.2% | 19.9% | 19.2% | 20.3% | 23.5% | 14.6% |
| Buybacks as a share of market value | 6.2% | 1.5% | -0.2% | -1.1% | -0.0% | -0.7% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 33.5% | 32.0% | — |
| Operating income | 52.3% | 10.0% | — |
| Net income | 52.0% | 13.5% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Price to earnings | 38.4 | 37.0 | 40.5 | 53.8 | 76.4 | 85.2 | 83.9 |
| Price to sales | 6.8 | 5.0 | 5.8 | 6.4 | 19.8 | 31.9 | 24.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 6 years. Last went ex-dividend on 18 Sept 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Paid in the year | 0.80 | 0.08 | 0.175 | 0.11 | 0.112 | 0.14 | 0.046 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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