A 
203.49
+1.29%
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¥6.79bn
FY2017FY2025
Net income
CN¥1.40bn
FY2017FY2025
Free cash flow
−CN¥238.3m
FY2017FY2025
Shareholders' equity
CN¥13.47bn
FY2017FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥6.79bn | CN¥5.62bn | CN¥3.89bn | CN¥2.87bn | CN¥1.62bn | CN¥1.01bn | CN¥756.7m | CN¥550.3m | CN¥253.6m |
| Gross profit | CN¥3.18bn | CN¥2.72bn | CN¥1.97bn | CN¥1.39bn | CN¥689.1m | CN¥437.5m | CN¥340.8m | CN¥243.5m | CN¥112.9m |
| Research and development | CN¥943.1m | CN¥729.0m | CN¥615.3m | CN¥379.7m | CN¥278.4m | CN¥140.8m | CN¥99.3m | CN¥79.4m | CN¥52.2m |
| Operating income | CN¥1.24bn | CN¥1.30bn | CN¥963.9m | CN¥716.8m | CN¥271.8m | CN¥141.1m | CN¥155.1m | CN¥103.9m | CN¥13.8m |
| Net income | CN¥1.40bn | CN¥1.15bn | CN¥910.5m | CN¥668.5m | CN¥266.2m | CN¥196.8m | CN¥134.9m | CN¥92.5m | CN¥10.9m |
| Diluted earnings per share | 2.44 | 2.54 | 2.03 | 1.53 | 0.61 | 0.45 | 0.31 | 0.16 | 0.02 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥18.93bn | CN¥12.13bn | CN¥9.75bn | CN¥8.18bn | CN¥6.34bn | CN¥1.84bn | CN¥1.31bn | CN¥636.0m | CN¥320.9m |
| Cash and short-term investments | CN¥7.53bn | CN¥2.77bn | CN¥1.66bn | CN¥1.70bn | CN¥3.59bn | CN¥455.5m | CN¥440.0m | CN¥95.8m | CN¥45.2m |
| Total liabilities | CN¥5.38bn | CN¥4.46bn | CN¥3.30bn | CN¥2.65bn | CN¥1.52bn | CN¥794.9m | CN¥478.1m | CN¥491.0m | CN¥272.6m |
| Debt | — | CN¥1.25bn | CN¥596.2m | CN¥555.9m | CN¥250.1m | CN¥298.4m | CN¥143.8m | CN¥144.4m | — |
| Shareholders' equity | CN¥13.47bn | CN¥7.67bn | CN¥6.46bn | CN¥5.52bn | CN¥4.81bn | CN¥1.05bn | CN¥829.9m | CN¥145.0m | CN¥48.4m |
| Shares outstanding | 573m | 453m | 449m | 438m | 434m | 434m | 434m | 573m | 573m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥265.7m | CN¥1.22bn | −CN¥427.0m | −CN¥268.7m | −CN¥189.2m | −CN¥88.2m | CN¥72.7m | CN¥38.8m | −CN¥9.0m |
| Capital spending | −CN¥504.0m | −CN¥573.8m | −CN¥398.4m | −CN¥685.6m | −CN¥59.6m | −CN¥355.4m | −CN¥10.2m | −CN¥14.7m | −CN¥2.1m |
| Free cash flow | −CN¥238.3m | CN¥642.3m | −CN¥825.4m | −CN¥954.3m | −CN¥248.8m | −CN¥443.7m | CN¥62.5m | CN¥24.1m | −CN¥11.0m |
| Dividends paid | −CN¥288.3m | −CN¥298.3m | −CN¥179.8m | −CN¥11.3m | −CN¥11.3m | −CN¥6.4m | −CN¥7.6m | −CN¥2.6m | −CN¥1.8m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥2.24bn | CN¥1.48bn | CN¥1.64bn | CN¥1.88bn | CN¥1.96bn | CN¥1.31bn | CN¥1.64bn | CN¥1.57bn |
| Gross profit | CN¥1.07bn | CN¥673.8m | CN¥708.6m | CN¥893.1m | CN¥959.4m | CN¥664.3m | CN¥795.0m | CN¥730.7m |
| Operating income | CN¥583.6m | CN¥251.3m | CN¥136.0m | CN¥347.4m | CN¥532.4m | CN¥286.1m | CN¥497.0m | CN¥346.2m |
| Net income | CN¥884.7m | CN¥104.3m | CN¥129.9m | CN¥570.3m | CN¥449.4m | CN¥246.3m | CN¥395.0m | CN¥315.0m |
| Diluted earnings per share | 1.54 | 0.18 | 0.23 | 1.00 | 0.78 | 0.43 | 0.87 | 0.70 |
| Cash from operations | — | — | CN¥321.0m | CN¥74.0m | −CN¥225.0m | CN¥93.0m | CN¥648.0m | CN¥120.0m |
| Capital spending | −CN¥481.0m | −CN¥187.0m | −CN¥149.0m | −CN¥97.0m | −CN¥127.0m | −CN¥128.0m | −CN¥114.0m | −CN¥175.0m |
| Free cash flow | — | — | CN¥172.0m | −CN¥23.0m | −CN¥352.0m | −CN¥35.0m | CN¥534.0m | −CN¥55.0m |
| Total assets | CN¥20.74bn | CN¥19.25bn | CN¥18.93bn | CN¥18.21bn | CN¥13.29bn | CN¥12.64bn | CN¥12.13bn | CN¥11.37bn |
| Cash and short-term investments | — | — | CN¥7.53bn | CN¥7.24bn | CN¥2.91bn | CN¥3.00bn | CN¥2.77bn | CN¥2.15bn |
| Debt | CN¥1.31bn | CN¥1.33bn | CN¥1.86bn | CN¥684.5m | CN¥1.35bn | CN¥1.36bn | CN¥994.2m | CN¥880.2m |
| Shareholders' equity | CN¥14.61bn | CN¥13.64bn | CN¥13.47bn | CN¥13.28bn | CN¥8.24bn | CN¥8.08bn | CN¥7.67bn | CN¥7.18bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 33.2% | 46.4% | — |
| Operating income | 20.1% | 54.5% | — |
| Net income | 27.8% | 48.0% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 47.6% | 48.3% | 47.7% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | 72.2 | 39.3 | 51.5 | 52.3 | 208.1 |
| Price to sales | 14.9 | 8.1 | 12.1 | 12.2 | 34.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 3 years. Last went ex-dividend on 31 Jul 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Paid in the year | 0.62 | 0.654 | 0.626 | 0.372 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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