B 
127.00
+2.39%
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¥3.52bn
FY2017FY2025
Net income
CN¥588.3m
FY2017FY2025
Free cash flow
CN¥290.2m
FY2017FY2025
Shareholders' equity
CN¥6.92bn
FY2017FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥3.52bn | CN¥3.26bn | CN¥2.18bn | CN¥1.48bn | CN¥1.77bn | CN¥1.06bn | CN¥648.8m | CN¥330.0m | CN¥84.6m |
| Research and development | CN¥691.0m | CN¥617.4m | CN¥549.9m | CN¥439.8m | CN¥289.2m | CN¥172.6m | CN¥132.4m | CN¥87.2m | CN¥44.9m |
| Operating income | CN¥588.3m | CN¥461.1m | CN¥126.6m | CN¥123.7m | CN¥409.7m | CN¥199.7m | CN¥68.7m | CN¥3.0m | −CN¥143.6m |
| Net income | CN¥588.3m | CN¥460.5m | CN¥123.6m | CN¥122.4m | CN¥407.7m | CN¥198.4m | CN¥67.4m | CN¥1.8m | −CN¥143.6m |
| Diluted earnings per share | 3.41 | 2.75 | 0.72 | 0.73 | 2.42 | 1.57 | 0.53 | 0.01 | -0.83 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥7.52bn | CN¥7.05bn | CN¥6.55bn | CN¥6.41bn | CN¥6.36bn | CN¥5.76bn | CN¥630.9m | CN¥215.7m | CN¥108.9m |
| Cash and short-term investments | CN¥5.38bn | CN¥5.17bn | CN¥4.86bn | CN¥4.70bn | CN¥5.30bn | CN¥5.45bn | CN¥418.3m | CN¥67.6m | CN¥62.2m |
| Total liabilities | −CN¥6.92bn | CN¥550.3m | CN¥454.2m | CN¥450.5m | CN¥454.4m | CN¥268.5m | CN¥108.8m | CN¥101.7m | CN¥55.8m |
| Debt | — | CN¥35.4m | CN¥14.2m | CN¥128.6m | CN¥22.4m | CN¥30.9m | — | — | — |
| Shareholders' equity | CN¥6.92bn | CN¥6.50bn | CN¥6.10bn | CN¥5.96bn | CN¥5.90bn | CN¥5.50bn | CN¥522.1m | CN¥114.1m | CN¥53.2m |
| Shares outstanding | 172m | 167m | 171m | 167m | 169m | 126m | 126m | 172m | 172m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥446.7m | CN¥580.1m | CN¥469.7m | −CN¥360.0m | −CN¥43.8m | CN¥280.2m | CN¥56.4m | −CN¥15.4m | −CN¥38.8m |
| Capital spending | −CN¥156.5m | −CN¥171.4m | −CN¥193.7m | −CN¥147.4m | −CN¥138.6m | −CN¥25.7m | −CN¥29.7m | −CN¥15.4m | −CN¥6.6m |
| Free cash flow | CN¥290.2m | CN¥408.8m | CN¥276.0m | −CN¥507.4m | −CN¥182.3m | CN¥254.5m | CN¥26.7m | −CN¥30.8m | −CN¥45.4m |
| Dividends paid | −CN¥146.1m | −CN¥112.1m | −CN¥427,055 | −CN¥42.1m | −CN¥20.2m | −CN¥57,263 | −CN¥88,284 | −CN¥1.3m | −CN¥761,110 |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥682.1m | CN¥669.1m | CN¥591.3m | CN¥995.1m | CN¥943.9m | CN¥994.5m | CN¥790.0m | CN¥941.7m |
| Operating income | CN¥79.8m | CN¥80.9m | CN¥70.8m | CN¥192.2m | CN¥125.3m | CN¥200.0m | CN¥172.1m | CN¥143.4m |
| Net income | CN¥82.1m | CN¥89.0m | CN¥86.7m | CN¥196.8m | CN¥114.3m | CN¥190.5m | CN¥171.4m | CN¥141.5m |
| Diluted earnings per share | 0.48 | 0.52 | 0.50 | 1.14 | 0.66 | 1.11 | 1.02 | 0.84 |
| Cash from operations | — | — | — | CN¥289.0m | CN¥107.0m | CN¥3.0m | CN¥333.0m | CN¥131.0m |
| Capital spending | −CN¥11.0m | −CN¥74.0m | −CN¥50.0m | −CN¥37.0m | −CN¥34.0m | −CN¥34.0m | −CN¥100.0m | −CN¥35.0m |
| Free cash flow | — | — | — | CN¥252.0m | CN¥73.0m | −CN¥31.0m | CN¥233.0m | CN¥96.0m |
| Total assets | CN¥7.52bn | CN¥7.51bn | CN¥7.52bn | CN¥7.49bn | CN¥7.19bn | CN¥7.16bn | CN¥7.05bn | CN¥6.98bn |
| Cash and short-term investments | — | — | CN¥5.38bn | CN¥5.38bn | CN¥4.99bn | CN¥5.04bn | CN¥5.17bn | CN¥5.01bn |
| Debt | — | — | — | CN¥12.9m | CN¥14.4m | CN¥15.6m | CN¥20.0m | CN¥20.0m |
| Shareholders' equity | CN¥7.04bn | CN¥7.15bn | CN¥6.92bn | CN¥6.92bn | CN¥6.69bn | CN¥6.71bn | CN¥6.50bn | CN¥6.41bn |
Financial ratios
Data as of 20 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | 16.7% | 14.1% | 5.8% | 8.3% | 23.2% | 18.8% |
| Net margin | 16.7% | 14.1% | 5.7% | 8.2% | 23.1% | 18.7% |
| Return on equity | 8.5% | 7.1% | 2.0% | 2.1% | 6.9% | 3.6% |
| Return on assets | 7.8% | 6.5% | 1.9% | 1.9% | 6.4% | 3.4% |
| Free cash flow yield | 3.4% | 4.3% | 3.8% | -1.2% | 0.5% | 2.4% |
| Revenue growth | 8.0% | 49.9% | 46.6% | -15.9% | 66.4% | 63.5% |
| Earnings growth | 27.8% | 272.5% | 1.0% | -70.0% | 105.5% | 194.4% |
| Current ratio | 14.92x | 11.84x | 13.42x | 13.78x | 14.53x | 23.38x |
| Debt to equity | — | 0.00x | 0.00x | 0.02x | 0.00x | 0.01x |
| Equity ratio | 92.1% | 92.2% | 93.1% | 93.0% | 92.9% | 95.3% |
| Interest coverage | 568.98x | 370.26x | 115.76x | 51.91x | 445.73x | 3487.83x |
| R&D as a share of sales | 19.6% | 18.9% | 25.3% | 29.6% | 16.4% | 16.3% |
| Buybacks as a share of market value | -2.9% | 1.9% | -2.0% | 0.8% | -33.8% | -0.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 33.4% | 27.1% | — |
| Operating income | 68.2% | 24.1% | — |
| Net income | 68.7% | 24.3% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | 47.5 | 60.4 | 108.6 | 79.5 | 64.4 | 107.3 |
| Price to sales | 7.9 | 8.5 | 6.2 | 6.6 | 14.9 | 20.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 2 years. Last went ex-dividend on 1 Jul 2026.
| FY2026 | FY2025 | FY2024 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Paid in the year | 1.40 | 0.612 | 0.469 | 0.173 | 0.086 |
- 1-to-1 reverse split · 2 Jul 2025
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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