P 
37.56
-2.11%
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¥3.16bn
FY2017FY2025
Net income
CN¥84.1m
FY2017FY2025
Free cash flow
CN¥174.0m
FY2017FY2025
Shareholders' equity
CN¥9.17bn
FY2017FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥3.16bn | CN¥2.00bn | CN¥3.30bn | CN¥6.01bn | CN¥2.06bn | CN¥1.12bn | CN¥819.8m | CN¥426.0m | CN¥143.3m |
| Research and development | CN¥320.0m | CN¥345.1m | CN¥385.3m | CN¥381.6m | CN¥155.6m | CN¥72.6m | CN¥60.2m | CN¥26.6m | CN¥29.3m |
| Operating income | CN¥14.9m | CN¥63.9m | CN¥603.1m | CN¥1.49bn | CN¥358.6m | CN¥312.7m | CN¥164.7m | CN¥50.9m | −CN¥53.7m |
| Net income | CN¥84.1m | CN¥41.1m | CN¥515.6m | CN¥1.27bn | CN¥316.2m | CN¥274.5m | CN¥144.1m | CN¥45.5m | −CN¥44.1m |
| Diluted earnings per share | 0.35 | 0.19 | 2.10 | 5.81 | 1.46 | 1.69 | 0.86 | 0.19 | -0.18 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥13.24bn | CN¥11.66bn | CN¥12.13bn | CN¥8.09bn | CN¥4.27bn | CN¥3.21bn | CN¥796.9m | CN¥529.1m | CN¥393.8m |
| Cash and short-term investments | CN¥6.69bn | CN¥6.33bn | CN¥6.35bn | CN¥1.98bn | CN¥1.44bn | CN¥2.25bn | CN¥113.7m | CN¥11.1m | CN¥10.3m |
| Total liabilities | −CN¥9.17bn | CN¥2.46bn | CN¥2.60bn | CN¥3.78bn | CN¥1.30bn | CN¥480.2m | CN¥352.5m | CN¥262.9m | CN¥173.0m |
| Debt | — | CN¥366.7m | CN¥499.1m | CN¥702.1m | CN¥334.7m | CN¥55.9m | CN¥41.0m | CN¥8.0m | CN¥33.2m |
| Shareholders' equity | CN¥9.17bn | CN¥9.17bn | CN¥9.52bn | CN¥4.31bn | CN¥2.97bn | CN¥2.73bn | CN¥444.5m | CN¥266.2m | CN¥220.8m |
| Shares outstanding | 244m | 220m | 245m | 219m | 216m | 162m | 167m | 244m | 244m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥682.6m | CN¥704.7m | CN¥1.16bn | CN¥953.5m | −CN¥330.1m | CN¥280.7m | CN¥124.5m | CN¥7.1m | −CN¥14.1m |
| Capital spending | −CN¥508.6m | −CN¥493.3m | −CN¥1.20bn | −CN¥776.3m | −CN¥458.2m | −CN¥145.6m | −CN¥91.4m | −CN¥33.1m | −CN¥12.1m |
| Free cash flow | CN¥174.0m | CN¥211.4m | −CN¥38.6m | CN¥177.2m | −CN¥788.4m | CN¥135.0m | CN¥33.1m | −CN¥26.0m | −CN¥26.2m |
| Dividends paid | −CN¥108.8m | −CN¥181.5m | −CN¥382.9m | −CN¥104.5m | −CN¥85.2m | −CN¥3.1m | −CN¥830,185 | −CN¥725,252 | −CN¥2.4m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.67bn | CN¥972.2m | CN¥1.15bn | CN¥863.2m | CN¥757.1m | CN¥392.2m | CN¥592.6m | CN¥552.9m |
| Operating income | CN¥93.6m | CN¥49.6m | −CN¥1.7m | CN¥14.4m | CN¥74.2m | −CN¥53.2m | −CN¥6.0m | CN¥40.4m |
| Net income | CN¥57.0m | CN¥22.3m | CN¥36.3m | CN¥33.9m | CN¥52.1m | −CN¥38.2m | CN¥3.7m | CN¥17.5m |
| Diluted earnings per share | 0.23 | 0.09 | 0.15 | 0.14 | 0.21 | -0.16 | 0.02 | 0.08 |
| Cash from operations | — | — | — | CN¥79.0m | CN¥150.0m | CN¥147.0m | — | CN¥253.0m |
| Capital spending | −CN¥211.0m | −CN¥192.0m | −CN¥257.0m | −CN¥65.0m | −CN¥118.0m | −CN¥66.0m | −CN¥142.0m | −CN¥115.0m |
| Free cash flow | — | — | — | CN¥14.0m | CN¥32.0m | CN¥81.0m | — | CN¥138.0m |
| Total assets | CN¥14.73bn | CN¥13.54bn | CN¥13.24bn | CN¥12.78bn | CN¥12.01bn | CN¥11.53bn | CN¥11.66bn | CN¥11.70bn |
| Cash and short-term investments | — | — | CN¥6.69bn | CN¥6.69bn | CN¥6.39bn | CN¥6.43bn | CN¥6.33bn | CN¥6.35bn |
| Debt | — | — | — | CN¥1.32bn | — | — | CN¥55.0m | CN¥5.0m |
| Shareholders' equity | CN¥9.31bn | CN¥9.24bn | CN¥9.17bn | CN¥9.14bn | CN¥9.09bn | CN¥9.14bn | CN¥9.17bn | CN¥9.17bn |
Financial ratios
Data as of 30 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Operating margin | 0.5% | 3.2% | 18.3% | 24.8% | 17.4% | 27.9% | — | — |
| Net margin | 2.7% | 2.1% | 15.6% | 21.2% | 15.3% | 24.5% | — | — |
| Return on equity | 0.9% | 0.4% | 5.4% | 29.5% | 10.6% | 10.0% | — | — |
| Return on assets | 0.6% | 0.4% | 4.3% | 15.7% | 7.4% | 8.5% | — | — |
| Free cash flow yield | 12.0% | 13.3% | 23.5% | 19.3% | 1.4% | 6.4% | — | — |
| Revenue growth | 57.5% | -39.2% | -45.1% | 191.5% | 84.1% | 36.6% | — | — |
| Earnings growth | 104.6% | -92.0% | -59.5% | 302.5% | 15.2% | 90.5% | — | — |
| Current ratio | 3.08x | 5.31x | 5.40x | 1.74x | 2.79x | 5.93x | — | — |
| Debt to equity | — | 0.01x | — | 0.10x | 0.04x | 0.02x | -0.03x | 0.03x |
| Equity ratio | 69.2% | 78.7% | 78.5% | 53.3% | 69.6% | 85.1% | — | — |
| Interest coverage | 0.54x | 2.14x | 19.36x | 57.51x | 57.51x | 86.09x | — | — |
| R&D as a share of sales | 10.1% | 17.2% | 11.7% | 6.3% | 7.5% | 6.5% | — | — |
| Buybacks as a share of market value | -10.8% | 10.4% | -12.0% | -1.4% | -33.1% | 2.7% | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -19.3% | 23.0% | — |
| Operating income | -78.4% | -45.6% | — |
| Net income | -59.6% | -21.1% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | 164.6 | 214.2 | 36.0 | 38.8 | 96.2 | 109.3 |
| Price to sales | 4.4 | 4.4 | 5.6 | 8.2 | 14.8 | 26.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 5 years. Last went ex-dividend on 27 May 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Paid in the year | 0.124 | 0.45 | 0.743 | 1.557 | 0.443 | 0.393 |
- 7-for-5 split · 21 Jun 2024
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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