P 
488.00
-1.81%
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¥6.52bn
FY2018FY2025
Net income
CN¥926.7m
FY2018FY2025
Free cash flow
CN¥3.06bn
FY2018FY2025
Shareholders' equity
CN¥6.61bn
FY2018FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥6.52bn | CN¥4.10bn | CN¥2.70bn | CN¥1.71bn | CN¥758.0m | CN¥435.6m | CN¥251.3m | CN¥70.6m |
| Gross profit | CN¥2.28bn | CN¥1.71bn | CN¥1.27bn | CN¥840.3m | CN¥333.6m | CN¥148.4m | CN¥80.0m | CN¥19.5m |
| Research and development | CN¥769.6m | CN¥756.0m | CN¥575.9m | CN¥378.7m | CN¥288.3m | CN¥122.8m | CN¥74.3m | CN¥97.8m |
| Operating income | CN¥944.8m | CN¥724.3m | CN¥645.0m | CN¥333.9m | CN¥41.7m | −CN¥19.8m | −CN¥21.6m | −CN¥106.5m |
| Net income | CN¥926.7m | CN¥688.2m | CN¥662.6m | CN¥368.5m | CN¥68.5m | −CN¥11.5m | −CN¥19.4m | −CN¥103.2m |
| Diluted earnings per share | 3.31 | 2.47 | 2.39 | 2.91 | 0.54 | -0.04 | -0.07 | -0.82 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥19.82bn | CN¥15.31bn | CN¥9.97bn | CN¥7.31bn | CN¥2.52bn | CN¥1.81bn | CN¥1.07bn | CN¥926.4m |
| Cash and short-term investments | — | — | — | — | — | — | — | CN¥262.4m |
| Total liabilities | CN¥12.71bn | CN¥10.02bn | CN¥5.38bn | CN¥3.61bn | CN¥1.32bn | CN¥691.6m | CN¥259.8m | CN¥232.3m |
| Debt | — | CN¥3.66bn | CN¥2.01bn | CN¥980.7m | CN¥1.5m | CN¥91.6m | CN¥36.2m | CN¥59.0m |
| Shareholders' equity | CN¥6.61bn | CN¥5.28bn | CN¥4.59bn | CN¥3.71bn | CN¥1.19bn | CN¥1.12bn | CN¥814.3m | CN¥694.2m |
| Shares outstanding | 280m | 278m | 277m | 126m | 126m | 280m | 280m | 126m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥3.63bn | −CN¥282.5m | −CN¥1.66bn | CN¥247.6m | CN¥137.5m | CN¥308.9m | −CN¥21.8m | −CN¥128.0m |
| Capital spending | −CN¥575.4m | −CN¥686.2m | −CN¥480.8m | −CN¥111.1m | −CN¥149.7m | −CN¥6.3m | −CN¥14.4m | −CN¥5.6m |
| Free cash flow | CN¥3.06bn | −CN¥968.8m | −CN¥2.14bn | CN¥136.6m | −CN¥12.2m | CN¥302.6m | −CN¥36.1m | −CN¥133.6m |
| Dividends paid | −CN¥157.7m | −CN¥138.0m | −CN¥62.6m | −CN¥1.5m | — | — | −CN¥638,091 | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.80bn | CN¥1.11bn | CN¥2.30bn | CN¥2.27bn | CN¥1.25bn | CN¥708.7m | CN¥1.83bn | CN¥1.01bn |
| Gross profit | CN¥730.6m | CN¥463.8m | CN¥874.2m | CN¥765.4m | CN¥483.5m | CN¥141.0m | CN¥717.6m | CN¥397.0m |
| Operating income | CN¥316.2m | CN¥170.9m | CN¥408.2m | CN¥441.0m | CN¥273.6m | −CN¥97.6m | CN¥347.7m | CN¥81.8m |
| Net income | CN¥772.2m | CN¥570.6m | CN¥370.2m | CN¥462.2m | CN¥241.2m | −CN¥147.0m | CN¥416.9m | CN¥142.2m |
| Diluted earnings per share | 2.76 | 2.04 | 1.32 | 1.63 | 0.86 | -0.53 | 1.50 | 0.51 |
| Cash from operations | — | — | — | CN¥1.26bn | — | — | — | — |
| Capital spending | −CN¥83.0m | −CN¥137.0m | −CN¥271.0m | −CN¥86.0m | −CN¥73.0m | −CN¥144.0m | −CN¥139.0m | −CN¥208.0m |
| Free cash flow | — | — | — | CN¥1.18bn | — | — | — | — |
| Total assets | CN¥25.31bn | CN¥19.85bn | CN¥19.82bn | CN¥18.91bn | CN¥17.55bn | CN¥16.21bn | CN¥15.31bn | CN¥13.17bn |
| Cash and short-term investments | — | — | — | CN¥5.62bn | — | — | — | — |
| Debt | CN¥399.8m | CN¥707.3m | CN¥849.8m | CN¥2.19bn | CN¥2.24bn | CN¥2.63bn | CN¥2.79bn | CN¥2.72bn |
| Shareholders' equity | CN¥12.72bn | CN¥7.25bn | CN¥6.61bn | CN¥6.10bn | CN¥5.41bn | CN¥5.18bn | CN¥5.28bn | CN¥4.76bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 56.4% | 71.8% | — |
| Operating income | 41.4% | — | — |
| Net income | 36.0% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 37.6% | 40.6% | 40.6% | — |
| Operating margin | 15.7% | 17.6% | 16.5% | — |
| Net margin | 15.2% | 17.6% | 16.7% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Price to earnings | 99.6 | 62.1 | 96.7 | 50.3 |
| Price to sales | 14.2 | 10.4 | 23.7 | 10.9 |
Dividends and splits
Per share, in the currency the company pays
Paid for 3 years. Last went ex-dividend on 4 Jun 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Paid in the year | 0.33 | 0.27 | 0.236 | 0.119 |
- 1.48-for-1 split · 11 Jun 2024
- 1.48-for-1 split · 28 Sept 2023
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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