C 
44.55
+1.69%
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¥3.69bn
FY2018FY2025
Net income
CN¥421.4m
FY2018FY2025
Free cash flow
CN¥354.8m
FY2018FY2025
Shareholders' equity
CN¥3.26bn
FY2018FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥3.69bn | CN¥3.01bn | CN¥2.54bn | CN¥1.79bn | CN¥1.39bn | CN¥1.11bn | CN¥582.2m | CN¥304.3m |
| Research and development | CN¥278.8m | CN¥222.7m | CN¥162.6m | CN¥121.3m | CN¥94.0m | CN¥69.7m | CN¥36.1m | CN¥18.4m |
| Operating income | CN¥470.6m | CN¥410.9m | CN¥310.6m | CN¥218.0m | CN¥157.4m | CN¥102.8m | CN¥51.3m | CN¥12.8m |
| Net income | CN¥421.4m | CN¥365.0m | CN¥281.3m | CN¥205.7m | CN¥143.0m | CN¥87.1m | CN¥43.5m | CN¥13.5m |
| Diluted earnings per share | 0.75 | 0.64 | 0.52 | 0.35 | 0.29 | 0.30 | 0.08 | 0.02 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥5.13bn | CN¥4.71bn | CN¥4.62bn | CN¥3.70bn | CN¥3.16bn | CN¥1.97bn | CN¥879.1m | CN¥392.8m |
| Cash and short-term investments | — | CN¥2.42bn | CN¥2.53bn | CN¥2.41bn | CN¥2.28bn | CN¥1.39bn | CN¥11.6m | CN¥14.8m |
| Total liabilities | CN¥1.82bn | CN¥1.68bn | CN¥1.80bn | CN¥1.11bn | CN¥726.7m | CN¥617.3m | CN¥377.8m | CN¥254.7m |
| Debt | — | CN¥72.2m | CN¥113.9m | CN¥27.4m | CN¥148.3m | CN¥221.6m | CN¥13.9m | CN¥50.0m |
| Shareholders' equity | CN¥3.26bn | CN¥2.99bn | CN¥2.80bn | CN¥2.59bn | CN¥2.43bn | CN¥1.36bn | CN¥501.3m | CN¥138.1m |
| Shares outstanding | 561m | 568m | 537m | 587m | 492m | 294m | 561m | 561m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥484.8m | CN¥368.1m | CN¥520.6m | CN¥304.2m | CN¥6.3m | CN¥174.5m | CN¥174.1m | CN¥62.1m |
| Capital spending | −CN¥130.0m | −CN¥180.4m | −CN¥122.3m | −CN¥84.9m | −CN¥48.8m | −CN¥76.2m | −CN¥13.1m | −CN¥2.8m |
| Free cash flow | CN¥354.8m | CN¥187.7m | CN¥398.3m | CN¥219.3m | −CN¥42.5m | CN¥98.3m | CN¥160.9m | CN¥59.3m |
| Dividends paid | −CN¥149.6m | −CN¥175.1m | −CN¥70.6m | −CN¥48.0m | −CN¥58.6m | — | −CN¥1.0m | −CN¥957,000 |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥830.7m | CN¥445.2m | CN¥1.59bn | CN¥693.7m | CN¥895.4m | CN¥509.7m | CN¥904.0m | CN¥554.1m |
| Operating income | CN¥123.5m | CN¥37.7m | CN¥146.9m | CN¥127.0m | CN¥134.5m | CN¥62.2m | CN¥94.6m | CN¥108.6m |
| Net income | CN¥106.9m | CN¥49.3m | CN¥134.6m | CN¥112.2m | CN¥117.6m | CN¥56.9m | CN¥85.4m | CN¥95.2m |
| Diluted earnings per share | 0.19 | 0.09 | 0.24 | 0.20 | 0.21 | 0.10 | 0.15 | 0.17 |
| Cash from operations | — | — | — | CN¥81.0m | CN¥95.0m | −CN¥367.0m | CN¥533.0m | CN¥186.0m |
| Capital spending | −CN¥8.0m | −CN¥31.0m | −CN¥69.0m | −CN¥22.0m | −CN¥10.0m | −CN¥26.0m | −CN¥137.0m | −CN¥14.0m |
| Free cash flow | — | — | — | CN¥59.0m | CN¥85.0m | −CN¥393.0m | CN¥396.0m | CN¥172.0m |
| Total assets | CN¥5.18bn | CN¥4.81bn | CN¥5.13bn | CN¥4.80bn | CN¥4.63bn | CN¥4.32bn | CN¥4.71bn | CN¥4.24bn |
| Cash and short-term investments | — | — | — | CN¥2.06bn | CN¥2.09bn | CN¥2.02bn | CN¥2.42bn | CN¥2.19bn |
| Debt | — | — | — | CN¥31.0m | — | — | — | — |
| Shareholders' equity | CN¥3.31bn | CN¥3.31bn | CN¥3.26bn | CN¥3.20bn | CN¥3.09bn | CN¥3.05bn | CN¥2.99bn | CN¥2.98bn |
Financial ratios
Data as of 22 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Operating margin | 12.8% | 13.6% | 12.2% | 12.2% | 11.4% | 9.2% | — | — |
| Net margin | 11.4% | 12.1% | 11.1% | 11.5% | 10.3% | 7.8% | — | — |
| Return on equity | 12.9% | 12.2% | 10.1% | 7.9% | 5.9% | 6.4% | — | — |
| Return on assets | 8.2% | 7.8% | 6.1% | 5.6% | 4.5% | 4.4% | — | — |
| Free cash flow yield | 2.2% | 1.9% | 2.4% | 1.3% | 0.2% | 1.7% | — | — |
| Revenue growth | 22.4% | 18.8% | 41.8% | 29.2% | 24.3% | 91.4% | — | — |
| Earnings growth | 15.4% | 29.8% | 36.7% | 43.8% | 64.3% | 100.2% | — | — |
| Current ratio | 2.55x | 2.54x | 2.43x | 3.25x | 4.21x | 2.98x | — | — |
| Debt to equity | — | — | 0.01x | 0.01x | 0.06x | 0.15x | 0.03x | 0.36x |
| Equity ratio | 63.6% | 63.4% | 60.6% | 70.1% | 77.0% | 68.7% | — | — |
| Interest coverage | 149.41x | 91.35x | 110.88x | 155.54x | 119.96x | 658.64x | — | — |
| R&D as a share of sales | 7.6% | 7.4% | 6.4% | 6.8% | 6.8% | 6.3% | — | — |
| Buybacks as a share of market value | 1.4% | -5.8% | 8.4% | -19.1% | -67.6% | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 27.3% | 27.0% | — |
| Operating income | 29.2% | 35.5% | — |
| Net income | 27.0% | 37.1% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 13.2% | 12.8% | 12.3% | — |
| Net margin | 11.7% | 11.5% | 11.1% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | 59.5 | 50.0 | 47.7 | 162.8 | 79.5 |
| Price to sales | 6.8 | 6.0 | 5.3 | 18.7 | 8.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 4 years. Last went ex-dividend on 17 Jul 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Paid in the year | 0.182 | 0.265 | 0.31 | 0.125 | 0.085 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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