W 
14.91
-3.68%
Close of 9 Nov 2026, in CNY
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¥262.6m
FY2015FY2025
Net income
−CN¥4.0m
FY2015FY2025
Free cash flow
CN¥59.7m
FY2015FY2025
Shareholders' equity
CN¥594.7m
FY2015FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥262.6m | CN¥342.6m | CN¥219.2m | CN¥391.2m | CN¥427.9m | CN¥496.0m | CN¥442.9m | CN¥266.7m | CN¥159.0m | CN¥94.9m |
| Research and development | CN¥29.9m | CN¥33.9m | CN¥32.7m | CN¥32.3m | CN¥33.4m | CN¥28.8m | CN¥26.5m | CN¥17.8m | CN¥12.7m | — |
| Operating income | −CN¥8.2m | −CN¥12.0m | −CN¥123.7m | −CN¥13.5m | CN¥40.0m | CN¥62.8m | CN¥57.4m | CN¥41.9m | CN¥9.2m | CN¥14.5m |
| Net income | −CN¥4.0m | −CN¥18.1m | −CN¥102.5m | −CN¥8.4m | CN¥36.6m | CN¥55.4m | CN¥50.3m | CN¥36.7m | CN¥8.9m | CN¥15.5m |
| Diluted earnings per share | -0.02 | -0.18 | -0.88 | -0.05 | 0.33 | 0.60 | 0.28 | 0.20 | 0.05 | 0.31 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥1.14bn | CN¥1.20bn | CN¥1.26bn | CN¥1.31bn | CN¥1.20bn | CN¥1.02bn | CN¥956.7m | CN¥563.6m | CN¥455.7m | CN¥196.9m |
| Cash and short-term investments | — | CN¥99.4m | CN¥183.4m | CN¥188.4m | CN¥255.0m | CN¥161.7m | CN¥272.1m | CN¥65.6m | CN¥50.1m | CN¥55.2m |
| Total liabilities | CN¥541.4m | CN¥604.8m | CN¥646.8m | CN¥590.5m | CN¥461.0m | CN¥520.9m | CN¥509.9m | CN¥242.6m | CN¥178.9m | CN¥71.4m |
| Debt | CN¥23.9m | CN¥168.0m | CN¥244.7m | CN¥293.1m | CN¥195.8m | CN¥146.8m | CN¥66.1m | CN¥40.0m | CN¥33.0m | CN¥27.0m |
| Shareholders' equity | CN¥594.7m | CN¥600.4m | CN¥618.5m | CN¥721.0m | CN¥740.4m | CN¥504.0m | CN¥446.8m | CN¥321.1m | CN¥272.6m | CN¥124.3m |
| Shares outstanding | 182m | 103m | 117m | 169m | 111m | 93m | 182m | 182m | 182m | 50m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥61.4m | CN¥27.6m | −CN¥90.3m | −CN¥126.1m | −CN¥112.4m | −CN¥170.0m | CN¥5.5m | −CN¥37.9m | −CN¥11.8m | CN¥23.5m |
| Capital spending | −CN¥1.7m | −CN¥683,652 | −CN¥3.3m | −CN¥4.6m | −CN¥4.2m | −CN¥2.6m | −CN¥2.6m | −CN¥2.8m | −CN¥1.1m | −CN¥793,200 |
| Free cash flow | CN¥59.7m | CN¥26.9m | −CN¥93.7m | −CN¥130.6m | −CN¥116.6m | −CN¥172.6m | CN¥2.9m | −CN¥40.7m | −CN¥12.9m | CN¥22.7m |
| Dividends paid | −CN¥9.0m | −CN¥14.1m | −CN¥14.1m | −CN¥11.6m | −CN¥9.9m | −CN¥6.3m | −CN¥4.5m | −CN¥1.3m | −CN¥1.3m | −CN¥775,474 |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥70.2m | CN¥19.5m | CN¥154.3m | CN¥25.4m | CN¥45.4m | CN¥37.5m | CN¥117.3m | CN¥52.7m |
| Operating income | −CN¥3.3m | −CN¥10.9m | CN¥2.5m | −CN¥7.9m | −CN¥7.2m | CN¥4.4m | −CN¥24.2m | −CN¥7.5m |
| Net income | CN¥4.3m | −CN¥2.3m | CN¥2.9m | −CN¥6.0m | −CN¥5.4m | CN¥4.6m | −CN¥19.9m | −CN¥5.2m |
| Diluted earnings per share | 0.02 | -0.01 | 0.02 | -0.03 | -0.03 | 0.03 | -0.19 | -0.05 |
| Cash from operations | — | — | — | CN¥9.0m | CN¥27.0m | CN¥2.0m | — | CN¥18.0m |
| Capital spending | — | — | — | −CN¥1.0m | — | — | — | — |
| Free cash flow | — | — | — | CN¥8.0m | — | — | — | — |
| Total assets | CN¥1.11bn | CN¥1.07bn | CN¥1.14bn | CN¥1.07bn | CN¥1.11bn | CN¥1.22bn | CN¥1.20bn | CN¥1.25bn |
| Cash and short-term investments | — | — | — | CN¥38.5m | CN¥47.6m | CN¥140.8m | CN¥99.4m | CN¥76.6m |
| Debt | CN¥22.6m | CN¥23.1m | CN¥23.9m | CN¥180.6m | CN¥173.6m | CN¥201.6m | CN¥165.5m | CN¥162.3m |
| Shareholders' equity | CN¥596.7m | CN¥592.4m | CN¥594.7m | CN¥591.6m | CN¥599.6m | CN¥605.0m | CN¥600.4m | CN¥620.3m |
Financial ratios
Data as of 26 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | -3.1% | -3.5% | -49.9% | -1.1% | 11.8% | 14.0% |
| Net margin | -1.5% | -5.3% | -46.8% | -2.2% | 8.6% | 11.2% |
| Return on equity | -0.7% | -3.0% | -16.6% | -1.2% | 4.9% | 11.0% |
| Return on assets | -0.4% | -1.5% | -8.1% | -0.6% | 3.0% | 5.4% |
| Free cash flow yield | 1.9% | 1.5% | -4.2% | -4.0% | -5.5% | -10.1% |
| Revenue growth | -23.3% | 56.3% | -44.0% | -8.6% | -13.7% | 12.0% |
| Earnings growth | -78.0% | -82.3% | 1114.0% | -123.1% | -33.9% | 10.1% |
| Current ratio | 1.88x | 1.64x | 1.68x | 2.08x | 2.06x | 1.45x |
| Debt to equity | 0.04x | 0.28x | 0.39x | 0.40x | 0.24x | 0.21x |
| Equity ratio | 52.3% | 49.9% | 48.9% | 55.0% | 61.6% | 49.2% |
| Interest coverage | -0.92x | -0.87x | -7.75x | -0.49x | 4.86x | 10.25x |
| R&D as a share of sales | 11.4% | 9.9% | 14.9% | 8.2% | 7.8% | 5.8% |
| Buybacks as a share of market value | -76.1% | 11.7% | 30.9% | -53.0% | -19.1% | -89.8% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -12.4% | -11.9% | 13.9% |
| Operating income | -15.4% | — | — |
| Net income | -22.2% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -3.3% | -13.0% | -2.6% | 2.3% |
| Net margin | -3.6% | -10.9% | -1.9% | 2.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | -806.9 | -69.3 | -16.4 | -238.3 | 57.7 |
| Price to sales | 12.2 | 3.7 | 7.7 | 5.1 | 4.9 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 8 Jul 2022.
| FY2022 | |
|---|---|
| Paid in the year | 0.10 |
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.