Q 
7.40
0.00%
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¥3.65bn
FY2016FY2025
Net income
−CN¥40.2m
FY2016FY2025
Free cash flow
−CN¥420.5m
FY2016FY2025
Shareholders' equity
CN¥3.94bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥3.65bn | CN¥4.47bn | CN¥6.18bn | CN¥3.57bn | CN¥1.57bn | CN¥746.1m | CN¥714.2m | CN¥606.7m | CN¥425.3m | CN¥146.9m |
| Research and development | CN¥188.7m | CN¥248.5m | CN¥388.9m | CN¥225.3m | CN¥117.2m | CN¥86.0m | CN¥70.8m | CN¥54.0m | CN¥41.1m | CN¥15.0m |
| Operating income | CN¥53.6m | −CN¥49.7m | CN¥1.68bn | CN¥898.6m | CN¥211.7m | CN¥56.5m | CN¥30.0m | CN¥58.3m | CN¥49.6m | CN¥3.9m |
| Net income | −CN¥40.2m | −CN¥44.2m | CN¥1.46bn | CN¥788.6m | CN¥172.7m | CN¥58.9m | CN¥32.0m | CN¥53.5m | CN¥41.8m | CN¥5.9m |
| Diluted earnings per share | -0.04 | -0.05 | 1.90 | 1.09 | 0.23 | 0.08 | 0.06 | 0.51 | 0.09 | 0.06 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥7.59bn | CN¥7.75bn | CN¥9.78bn | CN¥5.65bn | CN¥3.23bn | CN¥1.92bn | CN¥1.45bn | CN¥820.9m | CN¥628.0m | CN¥273.4m |
| Cash and short-term investments | — | CN¥585.4m | CN¥2.36bn | CN¥954.9m | CN¥527.7m | CN¥418.1m | CN¥141.9m | CN¥42.5m | CN¥26.5m | CN¥3.3m |
| Total liabilities | CN¥3.65bn | CN¥4.07bn | CN¥5.72bn | CN¥3.58bn | CN¥2.08bn | CN¥934.8m | CN¥1.05bn | CN¥604.1m | CN¥464.8m | CN¥206.2m |
| Debt | CN¥468.5m | CN¥1.72bn | CN¥634.2m | CN¥470.7m | CN¥127.1m | CN¥91.1m | CN¥118.3m | CN¥124.9m | CN¥72.6m | CN¥64.0m |
| Shareholders' equity | CN¥3.94bn | CN¥3.68bn | CN¥4.06bn | CN¥2.07bn | CN¥1.15bn | CN¥984.4m | CN¥393.6m | CN¥216.8m | CN¥163.2m | CN¥67.2m |
| Shares outstanding | 987m | 829m | 769m | 721m | 747m | 696m | 577m | 104m | 451m | 95m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −CN¥328.0m | −CN¥1.26bn | CN¥1.19bn | CN¥224.0m | CN¥76.5m | CN¥3.8m | CN¥15.3m | CN¥1.8m | CN¥827,389 | −CN¥44.5m |
| Capital spending | −CN¥92.5m | −CN¥284.8m | −CN¥297.0m | −CN¥203.3m | −CN¥83.2m | −CN¥98.3m | −CN¥64.8m | −CN¥66.2m | −CN¥27.6m | −CN¥35.6m |
| Free cash flow | −CN¥420.5m | −CN¥1.55bn | CN¥896.8m | CN¥20.7m | −CN¥6.7m | −CN¥94.5m | −CN¥49.5m | −CN¥64.4m | −CN¥26.8m | −CN¥80.2m |
| Dividends paid | −CN¥115.7m | −CN¥365.5m | −CN¥420.1m | −CN¥29.1m | −CN¥17.8m | −CN¥7.2m | −CN¥8.9m | −CN¥5.2m | −CN¥4.7m | −CN¥2.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥791.0m | CN¥791.8m | CN¥1.22bn | CN¥979.5m | CN¥765.5m | CN¥685.8m | CN¥1.04bn | CN¥785.4m |
| Operating income | −CN¥118.3m | −CN¥21.2m | CN¥91.4m | CN¥11.3m | CN¥7.6m | −CN¥74.8m | −CN¥293.1m | −CN¥85.5m |
| Net income | −CN¥439.7m | −CN¥50.2m | CN¥41.5m | CN¥6.9m | −CN¥14.4m | −CN¥74.1m | −CN¥249.5m | −CN¥67.4m |
| Diluted earnings per share | -0.45 | -0.05 | 0.04 | 0.01 | -0.01 | -0.08 | -0.30 | -0.08 |
| Cash from operations | — | — | — | CN¥95.0m | −CN¥31.0m | −CN¥296.0m | — | −CN¥421.0m |
| Capital spending | −CN¥7.0m | −CN¥8.0m | −CN¥17.0m | −CN¥24.0m | −CN¥25.0m | −CN¥25.0m | −CN¥48.0m | −CN¥105.0m |
| Free cash flow | — | — | — | CN¥71.0m | −CN¥56.0m | −CN¥321.0m | — | −CN¥526.0m |
| Total assets | CN¥7.75bn | CN¥7.25bn | CN¥7.59bn | CN¥7.74bn | CN¥7.39bn | CN¥7.56bn | CN¥7.75bn | CN¥7.76bn |
| Cash and short-term investments | — | — | — | CN¥699.6m | CN¥519.4m | CN¥571.2m | CN¥585.4m | CN¥975.0m |
| Debt | CN¥598.5m | CN¥466.0m | CN¥468.5m | CN¥831.3m | CN¥1.07bn | CN¥1.03bn | CN¥737.6m | CN¥524.7m |
| Shareholders' equity | CN¥3.45bn | CN¥3.89bn | CN¥3.94bn | CN¥3.90bn | CN¥3.50bn | CN¥3.61bn | CN¥3.68bn | CN¥3.94bn |
Financial ratios
Data as of 3 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | 1.5% | -1.1% | 27.2% | 25.2% | 13.5% | 7.6% |
| Net margin | -1.1% | -1.0% | 23.6% | 22.1% | 11.0% | 7.9% |
| Return on equity | -1.0% | -1.2% | 36.0% | 38.2% | 15.0% | 6.0% |
| Return on assets | -0.5% | -0.6% | 14.9% | 14.0% | 5.3% | 3.1% |
| Free cash flow yield | -3.2% | -15.7% | 25.8% | 7.9% | 2.8% | 2.0% |
| Revenue growth | -18.4% | -27.6% | 73.2% | 127.9% | 110.0% | 4.5% |
| Earnings growth | -9.2% | -103.0% | 85.3% | 356.7% | 193.4% | 83.8% |
| Current ratio | 2.21x | 1.97x | 1.54x | 1.44x | 1.22x | 1.69x |
| Debt to equity | 0.12x | 0.20x | 0.12x | 0.17x | 0.02x | -0.02x |
| Equity ratio | 51.9% | 47.5% | 41.5% | 36.6% | 35.7% | 51.3% |
| Interest coverage | 0.73x | -0.99x | 48.07x | 46.03x | 24.00x | 4.33x |
| R&D as a share of sales | 5.2% | 5.6% | 6.3% | 6.3% | 7.5% | 11.5% |
| Buybacks as a share of market value | -19.1% | -7.8% | -6.6% | 3.5% | -7.4% | -20.6% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 0.7% | 37.4% | 49.6% |
| Operating income | -60.9% | -1.1% | 37.2% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 0.0% | 14.5% | 14.1% | 13.5% |
| Net margin | -1.0% | 12.1% | 11.9% | 11.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | -280.6 | -149.7 | 9.2 | 21.9 | 66.5 | 75.2 |
| Price to sales | 3.1 | 1.5 | 2.2 | 4.8 | 7.3 | 5.9 |
Dividends and splits
Per share, in the currency the company pays
Paid for 5 years. Last went ex-dividend on 27 Jun 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Paid in the year | 0.129 | 0.472 | 0.603 | 0.057 | 0.025 |
- 1-to-1 reverse split · 27 Jun 2025
- 8-for-5 split · 8 May 2024
- 7-for-5 split · 12 May 2023
- 7-for-5 split · 6 Jun 2022
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.