A 
24.47
-1.96%
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¥6.85bn
FY2016FY2025
Net income
−CN¥9.9m
FY2016FY2025
Free cash flow
−CN¥1.58bn
FY2016FY2025
Shareholders' equity
CN¥4.27bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥6.85bn | CN¥9.03bn | CN¥6.39bn | CN¥3.70bn | CN¥2.42bn | CN¥3.13bn | CN¥2.28bn | CN¥2.07bn | CN¥1.58bn | CN¥768.0m |
| Research and development | CN¥160.9m | CN¥203.1m | CN¥170.3m | CN¥127.4m | CN¥120.2m | CN¥112.8m | CN¥81.5m | CN¥64.2m | CN¥49.8m | CN¥27.0m |
| Operating income | CN¥37.6m | CN¥786.3m | CN¥413.0m | CN¥34.7m | CN¥1.4m | CN¥334.7m | CN¥193.6m | CN¥116.5m | CN¥49.6m | CN¥43.1m |
| Net income | −CN¥9.9m | CN¥631.5m | CN¥345.0m | CN¥44.4m | CN¥15.0m | CN¥285.5m | CN¥162.3m | CN¥97.2m | CN¥43.2m | CN¥35.1m |
| Diluted earnings per share | -0.07 | 3.00 | 1.64 | 0.25 | 0.07 | 1.40 | 1.05 | 0.69 | 0.31 | 0.25 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥10.29bn | CN¥9.92bn | CN¥8.17bn | CN¥5.59bn | CN¥5.16bn | CN¥4.66bn | CN¥2.47bn | CN¥2.30bn | CN¥1.44bn | CN¥967.5m |
| Cash and short-term investments | CN¥2.85bn | CN¥3.71bn | CN¥2.47bn | CN¥1.73bn | CN¥2.03bn | CN¥2.51bn | CN¥755.8m | CN¥374.0m | CN¥392.3m | CN¥112.2m |
| Total liabilities | −CN¥4.27bn | CN¥5.50bn | CN¥5.35bn | CN¥3.09bn | CN¥2.72bn | CN¥2.18bn | CN¥1.58bn | CN¥1.54bn | CN¥781.4m | CN¥555.6m |
| Debt | CN¥700.2m | CN¥1.35bn | CN¥749.4m | CN¥438.8m | CN¥197.6m | CN¥65.5m | CN¥87.8m | CN¥84.9m | CN¥45.0m | CN¥120.0m |
| Shareholders' equity | CN¥4.27bn | CN¥4.41bn | CN¥2.80bn | CN¥2.50bn | CN¥2.44bn | CN¥2.48bn | CN¥889.8m | CN¥756.9m | CN¥659.8m | CN¥412.9m |
| Shares outstanding | 140m | 210m | 211m | 179m | 215m | 203m | 154m | 140m | 140m | 140m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −CN¥1.13bn | CN¥36.1m | CN¥809.4m | −CN¥247.7m | CN¥123.5m | CN¥407.8m | CN¥253.0m | CN¥100.0m | CN¥118.2m | −CN¥129.5m |
| Capital spending | −CN¥443.6m | −CN¥287.4m | −CN¥284.9m | −CN¥314.2m | −CN¥453.5m | −CN¥85.2m | −CN¥51.4m | −CN¥43.5m | −CN¥39.3m | −CN¥39.1m |
| Free cash flow | −CN¥1.58bn | −CN¥251.3m | CN¥524.6m | −CN¥561.9m | −CN¥330.0m | CN¥322.7m | CN¥201.6m | CN¥56.5m | CN¥79.0m | −CN¥168.7m |
| Dividends paid | −CN¥269.8m | −CN¥165.8m | −CN¥13.6m | −CN¥4.1m | −CN¥58.4m | −CN¥5.7m | −CN¥30.0m | −CN¥4.4m | −CN¥8.9m | −CN¥8.5m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.49bn | CN¥1.42bn | CN¥1.47bn | CN¥1.34bn | CN¥2.48bn | CN¥1.56bn | CN¥3.04bn | CN¥2.61bn |
| Operating income | −CN¥39.2m | CN¥38.9m | −CN¥151.8m | −CN¥26.6m | CN¥69.4m | CN¥111.0m | CN¥272.8m | CN¥269.4m |
| Net income | −CN¥155.4m | −CN¥48.5m | −CN¥131.3m | −CN¥36.4m | CN¥47.6m | CN¥110.2m | CN¥204.2m | CN¥195.9m |
| Diluted earnings per share | -1.11 | -0.35 | -0.94 | -0.26 | 0.34 | 0.79 | 0.97 | 0.93 |
| Cash from operations | — | — | — | CN¥289.0m | −CN¥614.0m | −CN¥683.0m | CN¥847.0m | CN¥418.0m |
| Capital spending | −CN¥30.0m | −CN¥85.0m | −CN¥176.0m | −CN¥83.0m | −CN¥122.0m | −CN¥60.0m | −CN¥164.0m | −CN¥32.0m |
| Free cash flow | — | — | — | CN¥206.0m | −CN¥736.0m | −CN¥743.0m | CN¥683.0m | CN¥386.0m |
| Total assets | CN¥11.90bn | CN¥10.96bn | CN¥10.29bn | CN¥9.93bn | CN¥9.86bn | CN¥10.07bn | CN¥9.92bn | CN¥9.63bn |
| Cash and short-term investments | — | — | CN¥2.85bn | CN¥2.85bn | CN¥2.62bn | CN¥3.14bn | CN¥3.71bn | CN¥2.14bn |
| Debt | CN¥858.3m | CN¥835.8m | CN¥700.2m | CN¥3.20bn | CN¥1.56bn | CN¥1.34bn | CN¥1.28bn | CN¥1.68bn |
| Shareholders' equity | CN¥3.89bn | CN¥4.06bn | CN¥4.27bn | CN¥4.26bn | CN¥4.33bn | CN¥4.52bn | CN¥4.41bn | CN¥3.12bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 22.8% | 17.0% | — |
| Operating income | 2.7% | -35.4% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | -597.6 | 24.0 | 29.4 | 265.9 | — | 81.7 |
| Price to sales | 0.9 | 1.7 | 1.6 | 3.2 | 10.5 | 7.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 5 years. Last went ex-dividend on 26 Jun 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Paid in the year | 1.00 | 0.88 | 0.067 | 0.02 | 0.289 |
- 1.49-for-1 split · 11 Jul 2024
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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