G 
21.06
-1.77%
Close of 9 Nov 2026, in CNY
Search any instrument
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¥9.65bn
FY2016FY2025
Net income
CN¥59.1m
FY2016FY2025
Free cash flow
−CN¥473.7m
FY2016FY2025
Shareholders' equity
CN¥7.13bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥9.65bn | CN¥6.52bn | CN¥4.97bn | CN¥4.64bn | CN¥2.80bn | CN¥1.20bn | CN¥1.45bn | CN¥1.15bn | CN¥566.2m | CN¥418.8m |
| Gross profit | CN¥84.4m | CN¥101.0m | CN¥273.4m | CN¥921.1m | CN¥842.1m | CN¥291.4m | CN¥501.8m | CN¥313.8m | CN¥154.9m | CN¥114.1m |
| Research and development | CN¥63.0m | CN¥51.4m | CN¥38.6m | CN¥53.0m | CN¥146.9m | CN¥72.4m | CN¥63.1m | CN¥38.3m | CN¥23.8m | CN¥24.2m |
| Operating income | CN¥227.1m | −CN¥187.5m | CN¥28.5m | CN¥648.1m | CN¥633.1m | CN¥214.4m | CN¥383.0m | CN¥212.3m | CN¥99.8m | CN¥70.7m |
| Net income | CN¥59.1m | −CN¥238.8m | CN¥19.0m | CN¥520.5m | CN¥550.0m | CN¥186.4m | CN¥329.7m | CN¥176.4m | CN¥85.2m | CN¥62.5m |
| Diluted earnings per share | 0.13 | -0.55 | 0.03 | 1.30 | 1.69 | 0.60 | 1.02 | 0.75 | 0.36 | 0.31 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥14.73bn | CN¥13.04bn | CN¥12.80bn | CN¥10.80bn | CN¥6.06bn | CN¥2.94bn | CN¥2.65bn | CN¥1.01bn | CN¥798.7m | CN¥567.7m |
| Cash and short-term investments | CN¥2.48bn | CN¥2.02bn | CN¥2.58bn | CN¥2.57bn | CN¥1.73bn | CN¥1.07bn | CN¥1.63bn | CN¥48.6m | CN¥22.5m | CN¥29.3m |
| Total liabilities | −CN¥7.13bn | CN¥6.00bn | CN¥5.50bn | CN¥3.39bn | CN¥2.45bn | CN¥310.6m | CN¥110.2m | CN¥310.0m | CN¥271.8m | CN¥123.6m |
| Debt | CN¥3.70bn | CN¥3.98bn | CN¥2.73bn | CN¥1.99bn | CN¥1.89bn | CN¥113.0m | — | CN¥213.5m | CN¥131.5m | CN¥50.4m |
| Shareholders' equity | CN¥7.13bn | CN¥6.90bn | CN¥7.17bn | CN¥7.29bn | CN¥3.59bn | CN¥2.61bn | CN¥2.52bn | CN¥703.3m | CN¥526.9m | CN¥340.8m |
| Shares outstanding | 463m | 435m | 561m | 399m | 326m | 310m | 323m | 237m | 239m | 201m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −CN¥116.1m | −CN¥1.25bn | CN¥666.5m | −CN¥537.6m | CN¥318.7m | CN¥91.1m | CN¥472.1m | CN¥134.9m | CN¥16.6m | CN¥102.2m |
| Capital spending | −CN¥357.6m | −CN¥735.7m | −CN¥1.28bn | −CN¥2.58bn | −CN¥1.18bn | −CN¥515.9m | −CN¥63.2m | −CN¥109.5m | −CN¥167.4m | −CN¥86.5m |
| Free cash flow | −CN¥473.7m | −CN¥1.99bn | −CN¥615.4m | −CN¥3.11bn | −CN¥864.2m | −CN¥424.7m | CN¥408.9m | CN¥25.5m | −CN¥150.9m | CN¥15.7m |
| Dividends paid | −CN¥100.9m | −CN¥89.2m | −CN¥212.1m | −CN¥165.3m | −CN¥57.7m | −CN¥99.3m | −CN¥19.0m | −CN¥13.1m | −CN¥5.4m | −CN¥2.8m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥4.07bn | CN¥3.45bn | CN¥3.11bn | CN¥2.58bn | CN¥1.98bn | CN¥1.98bn | CN¥2.18bn | CN¥1.92bn |
| Gross profit | CN¥215.1m | CN¥257.6m | −CN¥238.4m | CN¥133.1m | CN¥97.6m | CN¥92.2m | CN¥15.8m | CN¥49.2m |
| Operating income | CN¥165.2m | CN¥206.3m | −CN¥91.0m | CN¥3.1m | CN¥14.7m | CN¥31.1m | −CN¥78.3m | −CN¥20.3m |
| Net income | CN¥261.7m | CN¥120.5m | CN¥18.2m | CN¥4.1m | CN¥12.3m | CN¥24.5m | −CN¥94.8m | −CN¥38.8m |
| Diluted earnings per share | 0.57 | 0.26 | 0.04 | 0.01 | 0.03 | 0.05 | -0.22 | -0.09 |
| Cash from operations | — | — | — | CN¥49.0m | CN¥520.0m | −CN¥453.0m | — | −CN¥56.0m |
| Capital spending | −CN¥172.0m | −CN¥217.0m | −CN¥111.0m | −CN¥79.0m | −CN¥19.0m | −CN¥147.0m | −CN¥187.0m | −CN¥73.0m |
| Free cash flow | — | — | — | −CN¥30.0m | CN¥501.0m | −CN¥600.0m | — | −CN¥129.0m |
| Total assets | CN¥15.70bn | CN¥15.24bn | CN¥14.73bn | CN¥14.26bn | CN¥13.71bn | CN¥13.65bn | CN¥13.04bn | CN¥12.61bn |
| Cash and short-term investments | — | — | CN¥2.48bn | CN¥2.48bn | CN¥2.37bn | CN¥2.27bn | CN¥2.02bn | CN¥1.51bn |
| Debt | CN¥3.25bn | CN¥3.10bn | CN¥3.70bn | CN¥2.35bn | CN¥4.36bn | CN¥4.39bn | CN¥3.97bn | CN¥3.84bn |
| Shareholders' equity | CN¥8.35bn | CN¥8.10bn | CN¥7.13bn | CN¥6.99bn | CN¥6.98bn | CN¥6.93bn | CN¥6.90bn | CN¥6.99bn |
Financial ratios
Data as of 28 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 0.9% | 1.5% | 5.5% | 19.8% | 30.0% | 24.2% |
| Operating margin | 2.4% | -2.9% | 0.6% | 14.0% | 22.6% | 17.8% |
| Net margin | 0.6% | -3.7% | 0.4% | 11.2% | 19.6% | 15.5% |
| Return on equity | 0.8% | -3.5% | 0.3% | 7.1% | 15.3% | 7.1% |
| Return on assets | 0.4% | -1.8% | 0.1% | 4.8% | 9.1% | 6.3% |
| Free cash flow yield | 1.9% | -4.4% | 12.7% | 18.8% | 16.9% | 7.2% |
| Revenue growth | 47.9% | 31.3% | 7.1% | 65.5% | 133.3% | -16.9% |
| Earnings growth | -124.8% | -1355.0% | -96.3% | -5.4% | 195.0% | -43.5% |
| Current ratio | 1.94x | 2.22x | 2.00x | 2.61x | 2.13x | 7.06x |
| Debt to equity | 0.52x | 0.58x | 0.38x | 0.27x | 0.53x | 0.04x |
| Equity ratio | 48.4% | 52.9% | 56.0% | 67.5% | 59.2% | 88.8% |
| Interest coverage | 1.29x | -1.19x | 0.24x | 5.76x | 7.74x | 15.73x |
| R&D as a share of sales | 0.7% | 0.8% | 0.8% | 1.1% | 5.2% | 6.0% |
| Buybacks as a share of market value | -6.3% | 22.4% | -40.6% | -22.5% | -5.1% | 4.1% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 27.6% | 51.7% | 40.1% |
| Operating income | -29.5% | 1.2% | 32.3% |
| Net income | -51.6% | -20.5% | 11.9% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 1.1% | 5.4% | 8.4% | 10.8% |
| Operating margin | 0.2% | 2.8% | 5.3% | 7.0% |
| Net margin | -1.1% | 1.4% | 3.7% | 5.3% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Price to earnings | 320.9 | -26.9 | — | 24.6 | 53.1 | 104.7 | 27.4 |
| Price to sales | 2.0 | 1.0 | 2.3 | 2.8 | 10.4 | 16.2 | 6.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 17 Jun 2026.
| FY2026 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Paid in the year | 0.045 | 0.01 | 0.379 | 0.348 | 0.123 | 0.212 |
- 7-for-5 split · 26 May 2023
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.