J 
18.99
+2.15%
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¥723.7m
FY2017FY2025
Net income
CN¥120.1m
FY2017FY2025
Free cash flow
−CN¥386.5m
FY2017FY2025
Shareholders' equity
CN¥2.27bn
FY2017FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥723.7m | CN¥410.9m | CN¥369.9m | CN¥345.2m | CN¥333.6m | CN¥1.04bn | CN¥1.41bn | CN¥271.2m | CN¥120.4m |
| Research and development | CN¥44.1m | CN¥39.6m | CN¥39.0m | CN¥33.7m | CN¥31.3m | CN¥41.8m | CN¥52.1m | CN¥19.5m | CN¥9.8m |
| Operating income | CN¥141.1m | CN¥60.6m | CN¥44.8m | CN¥67.2m | CN¥87.3m | CN¥340.9m | CN¥865.5m | CN¥94.4m | CN¥33.5m |
| Net income | CN¥120.1m | CN¥57.8m | CN¥46.7m | CN¥78.6m | CN¥87.5m | CN¥266.3m | CN¥745.3m | CN¥77.9m | CN¥28.6m |
| Diluted earnings per share | 0.28 | 0.12 | 0.17 | 0.19 | 0.26 | 0.89 | 1.75 | 0.18 | 0.07 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥2.81bn | CN¥2.57bn | CN¥2.35bn | CN¥2.32bn | CN¥2.20bn | CN¥1.14bn | CN¥1.04bn | CN¥368.0m | CN¥191.7m |
| Cash and short-term investments | — | CN¥1.11bn | CN¥1.23bn | CN¥1.37bn | CN¥1.48bn | CN¥510.7m | CN¥431.0m | CN¥19.4m | CN¥16.4m |
| Total liabilities | CN¥510.3m | CN¥385.2m | CN¥214.9m | CN¥207.5m | CN¥154.8m | CN¥166.9m | CN¥511.9m | CN¥171.4m | CN¥49.1m |
| Debt | — | CN¥2.5m | CN¥26.9m | CN¥35.9m | CN¥13.9m | CN¥25.2m | CN¥100,000 | CN¥40.3m | CN¥10.5m |
| Shareholders' equity | CN¥2.27bn | CN¥2.18bn | CN¥2.14bn | CN¥2.11bn | CN¥2.05bn | CN¥973.0m | CN¥529.1m | CN¥196.2m | CN¥142.1m |
| Shares outstanding | 426m | 496m | 283m | 407m | 333m | 298m | 426m | 426m | 426m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥25.6m | CN¥113.6m | CN¥53.1m | CN¥93.6m | CN¥71.4m | CN¥458.5m | CN¥804.8m | CN¥16.1m | CN¥25.4m |
| Capital spending | −CN¥412.1m | −CN¥257.4m | −CN¥128.3m | −CN¥79.7m | −CN¥55.5m | −CN¥165.6m | −CN¥131.2m | −CN¥42.1m | −CN¥2.9m |
| Free cash flow | −CN¥386.5m | −CN¥143.8m | −CN¥75.2m | CN¥13.8m | CN¥15.9m | CN¥292.9m | CN¥673.6m | −CN¥26.0m | CN¥22.5m |
| Dividends paid | −CN¥30.1m | −CN¥23.5m | −CN¥28.0m | −CN¥32.0m | −CN¥533,849 | −CN¥240.5m | −CN¥230.8m | −CN¥2.6m | −CN¥15.3m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥351.5m | CN¥247.7m | CN¥232.8m | CN¥203.8m | CN¥162.1m | CN¥125.1m | CN¥141.8m | CN¥81.1m |
| Operating income | CN¥64.4m | CN¥29.6m | CN¥43.6m | CN¥40.2m | CN¥31.1m | CN¥26.2m | CN¥7.9m | CN¥16.5m |
| Net income | CN¥54.6m | CN¥1.6m | CN¥33.9m | CN¥34.3m | CN¥29.3m | CN¥22.7m | CN¥7.8m | CN¥15.9m |
| Diluted earnings per share | 0.13 | 0.00 | 0.08 | 0.08 | 0.07 | 0.05 | 0.02 | 0.03 |
| Cash from operations | — | — | — | −CN¥4.0m | CN¥34.0m | CN¥4.0m | — | — |
| Capital spending | −CN¥62.0m | −CN¥118.0m | −CN¥50.0m | −CN¥108.0m | −CN¥132.0m | −CN¥120.0m | −CN¥81.0m | −CN¥50.0m |
| Free cash flow | — | — | — | −CN¥112.0m | −CN¥98.0m | −CN¥116.0m | — | — |
| Total assets | CN¥2.88bn | CN¥2.85bn | CN¥2.81bn | CN¥2.66bn | CN¥2.62bn | CN¥2.56bn | CN¥2.57bn | CN¥2.50bn |
| Cash and short-term investments | — | — | — | CN¥659.1m | CN¥770.1m | CN¥1.02bn | CN¥1.11bn | CN¥1.17bn |
| Debt | CN¥230,000 | — | — | CN¥121.8m | CN¥22.4m | CN¥14.2m | — | — |
| Shareholders' equity | CN¥2.29bn | CN¥2.26bn | CN¥2.27bn | CN¥2.24bn | CN¥2.20bn | CN¥2.20bn | CN¥2.18bn | CN¥2.17bn |
Financial ratios
Data as of 2 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating margin | 19.5% | 14.7% | 12.1% | 19.5% | 26.2% | 32.7% | — | — | — |
| Net margin | 16.6% | 14.1% | 12.6% | 22.8% | 26.2% | 25.6% | — | — | — |
| Return on equity | 5.3% | 2.7% | 2.2% | 3.7% | 4.3% | 27.4% | — | — | — |
| Return on assets | 4.3% | 2.3% | 2.0% | 3.4% | 4.0% | 23.4% | — | — | — |
| Free cash flow yield | 3.9% | 2.9% | 2.5% | 1.6% | 1.5% | 8.0% | — | — | — |
| Revenue growth | 76.1% | 11.1% | 7.2% | 3.5% | -68.0% | -26.0% | — | — | — |
| Earnings growth | 107.8% | 23.7% | -40.5% | -10.2% | -67.1% | -64.3% | — | — | — |
| Current ratio | 2.98x | 4.32x | 7.27x | 9.07x | 13.37x | 5.44x | — | — | — |
| Debt to equity | — | — | — | — | — | 0.03x | 0.03x | 0.21x | 0.07x |
| Equity ratio | 80.9% | 84.9% | 90.9% | 90.9% | 93.0% | 85.4% | — | — | — |
| Interest coverage | 4194.17x | 507.00x | 600.17x | 1027.74x | 145.44x | 714.88x | — | — | — |
| R&D as a share of sales | 6.1% | 9.6% | 10.5% | 9.8% | 9.4% | 4.0% | — | — | — |
| Buybacks as a share of market value | 14.3% | -75.4% | 30.4% | -22.1% | -11.8% | — | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 28.0% | -7.0% | — |
| Operating income | 28.0% | -16.2% | — |
| Net income | 15.2% | -14.7% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | 104.5 | 153.6 | 107.7 | 59.4 | 91.9 |
| Price to sales | 17.4 | 21.6 | 13.6 | 13.5 | 24.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 4 years. Last went ex-dividend on 12 Feb 2026.
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Paid in the year | 0.113 | 0.059 | 0.07 | 0.08 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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