T 
10.89
-1.98%
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¥80.28bn
FY2017FY2024
Net income
−CN¥3.44bn
FY2017FY2024
Free cash flow
−CN¥5.28bn
FY2017FY2024
Shareholders' equity
CN¥26.38bn
FY2017FY2024
Income statement
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥80.28bn | CN¥113.39bn | CN¥85.05bn | CN¥44.48bn | CN¥29.42bn | CN¥23.32bn | CN¥25.05bn | CN¥26.16bn |
| Gross profit | CN¥6.17bn | CN¥16.33bn | CN¥10.93bn | CN¥6.17bn | CN¥4.54bn | CN¥3.99bn | CN¥3.76bn | CN¥4.37bn |
| Research and development | CN¥1.60bn | CN¥1.30bn | CN¥1.00bn | CN¥724.7m | CN¥326.0m | CN¥255.0m | CN¥177.0m | CN¥153.0m |
| Operating income | −CN¥2.58bn | CN¥7.46bn | CN¥4.69bn | CN¥2.22bn | CN¥1.75bn | CN¥1.04bn | CN¥1.44bn | CN¥1.55bn |
| Net income | −CN¥3.44bn | CN¥5.53bn | CN¥3.68bn | CN¥1.80bn | CN¥1.23bn | CN¥641.0m | CN¥558.0m | CN¥542.0m |
| Diluted earnings per share | -1.59 | 2.55 | 1.71 | 0.87 | 0.64 | 0.36 | 0.32 | 0.37 |
Balance sheet
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥123.93bn | CN¥120.31bn | CN¥89.98bn | CN¥63.54bn | CN¥45.59bn | CN¥36.28bn | CN¥29.61bn | CN¥36.94bn |
| Cash and short-term investments | CN¥18.62bn | CN¥18.50bn | CN¥13.69bn | CN¥6.95bn | CN¥5.67bn | CN¥5.55bn | CN¥3.00bn | CN¥3.35bn |
| Total liabilities | CN¥97.56bn | CN¥88.79bn | CN¥63.64bn | CN¥46.43bn | CN¥30.51bn | CN¥24.33bn | CN¥18.25bn | CN¥26.19bn |
| Debt | CN¥48.04bn | CN¥31.78bn | CN¥20.50bn | CN¥30.93bn | CN¥19.84bn | CN¥14.60bn | CN¥11.20bn | CN¥16.91bn |
| Shareholders' equity | CN¥26.38bn | CN¥31.52bn | CN¥26.34bn | CN¥17.11bn | CN¥15.08bn | CN¥11.96bn | CN¥11.35bn | CN¥10.75bn |
| Shares outstanding | 2,166m | 2,169m | 2,152m | 2,074m | 1,921m | 1,758m | 1,758m | 1,466m |
Cash flow
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥8.01bn | CN¥24.00bn | CN¥9.24bn | CN¥1.10bn | CN¥3.00bn | CN¥5.24bn | CN¥4.08bn | CN¥1.04bn |
| Capital spending | −CN¥13.29bn | −CN¥18.96bn | −CN¥8.11bn | −CN¥6.49bn | −CN¥4.73bn | −CN¥3.86bn | −CN¥1.55bn | −CN¥1.59bn |
| Free cash flow | −CN¥5.28bn | CN¥5.03bn | CN¥1.13bn | −CN¥5.39bn | −CN¥1.73bn | CN¥1.39bn | CN¥2.53bn | −CN¥549.6m |
| Dividends paid | −CN¥2.65bn | −CN¥1.58bn | −CN¥899.5m | −CN¥869.2m | −CN¥576.4m | −CN¥543.9m | −CN¥568.9m | −CN¥4.18bn |
Latest quarters
By quarter end
| Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Jun 2024 | Mar 2024 | Dec 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥18.91bn | CN¥16.72bn | CN¥14.34bn | CN¥17.13bn | CN¥20.18bn | CN¥24.71bn | CN¥18.26bn | CN¥32.27bn |
| Gross profit | CN¥752.3m | CN¥643.2m | CN¥871.1m | −CN¥258.3m | CN¥1.82bn | CN¥3.14bn | CN¥2.62bn | CN¥4.16bn |
| Operating income | −CN¥1.07bn | −CN¥1.13bn | −CN¥1.22bn | −CN¥3.84bn | −CN¥912.1m | CN¥558.3m | CN¥872.5m | CN¥446.4m |
| Net income | −CN¥1.28bn | −CN¥1.60bn | −CN¥1.32bn | −CN¥2.60bn | −CN¥1.37bn | CN¥10.5m | CN¥515.7m | CN¥454.3m |
| Diluted earnings per share | -0.61 | -0.73 | -0.61 | -1.22 | -0.63 | 0.00 | 0.24 | 0.21 |
| Total assets | CN¥123.83bn | CN¥125.69bn | CN¥124.33bn | CN¥123.94bn | CN¥135.53bn | CN¥140.73bn | CN¥132.63bn | CN¥120.31bn |
| Cash and short-term investments | CN¥22.39bn | CN¥17.58bn | CN¥22.04bn | CN¥18.62bn | CN¥26.33bn | CN¥19.24bn | CN¥23.82bn | CN¥18.50bn |
| Debt | CN¥40.22bn | CN¥40.67bn | CN¥41.93bn | CN¥40.73bn | CN¥46.12bn | CN¥46.16bn | CN¥48.70bn | CN¥43.32bn |
| Shareholders' equity | CN¥21.93bn | CN¥23.35bn | CN¥25.20bn | CN¥26.38bn | CN¥29.02bn | CN¥30.70bn | CN¥32.04bn | CN¥31.52bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 21.8% | 28.0% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 11.6% | 12.3% | 12.8% | — |
| Operating margin | 2.5% | 3.7% | 3.9% | — |
| Net margin | 1.1% | 2.3% | 2.5% | — |
Valuation history
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|
| Price to earnings | -12.1 | 11.2 | 37.3 | 90.7 | 36.2 |
| Price to sales | 0.5 | 0.6 | 1.6 | 3.7 | 1.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 20 Jun 2024.
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|
| Paid in the year | 0.633 | 0.478 | 0.23 | 0.18 | 0.10 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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