H 
65.88
+0.61%
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¥206.6m
FY2016FY2025
Net income
−CN¥3.2m
FY2016FY2025
Free cash flow
−CN¥25.3m
FY2016FY2025
Shareholders' equity
CN¥865.7m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥206.6m | CN¥541.4m | CN¥201.8m | CN¥190.0m | CN¥243.1m | CN¥237.1m | CN¥200.6m | CN¥162.3m | CN¥113.5m | CN¥72.1m |
| Research and development | CN¥43.1m | CN¥43.2m | CN¥40.5m | CN¥27.7m | CN¥25.5m | CN¥21.6m | CN¥17.6m | CN¥13.1m | CN¥7.6m | — |
| Operating income | −CN¥4.8m | CN¥80.9m | CN¥51.9m | CN¥65.8m | CN¥116.3m | CN¥123.8m | CN¥104.7m | CN¥81.0m | CN¥51.8m | CN¥25.2m |
| Net income | −CN¥3.2m | CN¥73.0m | CN¥47.2m | CN¥57.0m | CN¥100.6m | CN¥105.8m | CN¥89.5m | CN¥69.3m | CN¥44.1m | CN¥22.3m |
| Diluted earnings per share | -0.02 | 0.47 | 0.31 | 0.39 | 0.66 | 0.92 | 1.60 | 0.45 | 0.29 | 0.66 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥1.15bn | CN¥1.15bn | CN¥939.6m | CN¥877.7m | CN¥914.6m | CN¥427.1m | CN¥346.6m | CN¥298.0m | CN¥165.3m | CN¥107.5m |
| Cash and short-term investments | — | CN¥264.8m | CN¥286.1m | CN¥347.7m | CN¥442.5m | CN¥256.8m | CN¥189.9m | CN¥158.7m | CN¥44.2m | CN¥42.4m |
| Total liabilities | CN¥284.4m | CN¥244.5m | CN¥96.3m | CN¥62.7m | CN¥77.2m | CN¥81.5m | CN¥106.8m | CN¥147.7m | CN¥39.3m | CN¥38.2m |
| Debt | CN¥58.2m | CN¥36.0m | CN¥24.5m | CN¥1.9m | CN¥2.2m | CN¥2.0m | — | — | — | — |
| Shareholders' equity | CN¥865.7m | CN¥891.7m | CN¥843.3m | CN¥815.0m | CN¥837.4m | CN¥345.6m | CN¥239.8m | CN¥150.3m | CN¥126.0m | CN¥69.4m |
| Shares outstanding | 153m | 156m | 153m | 148m | 152m | 115m | 56m | 153m | 153m | 34m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥81.0m | CN¥107.3m | CN¥72.4m | CN¥20.3m | −CN¥2.4m | CN¥85.5m | CN¥67.1m | CN¥121.8m | CN¥32.1m | CN¥19.5m |
| Capital spending | −CN¥106.3m | −CN¥323.9m | −CN¥144.0m | −CN¥44.6m | −CN¥37.0m | −CN¥19.7m | −CN¥4.0m | −CN¥7.7m | −CN¥35.0m | −CN¥2.1m |
| Free cash flow | −CN¥25.3m | −CN¥216.5m | −CN¥71.6m | −CN¥24.3m | −CN¥39.4m | CN¥65.8m | CN¥63.1m | CN¥114.1m | −CN¥2.9m | CN¥17.4m |
| Dividends paid | −CN¥23.3m | −CN¥20.2m | −CN¥19.6m | −CN¥83.8m | — | — | −CN¥45.0m | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥40.7m | CN¥44.9m | CN¥68.2m | CN¥20.7m | CN¥83.7m | CN¥34.2m | CN¥277.7m | CN¥20.8m |
| Operating income | −CN¥9.8m | −CN¥2.3m | −CN¥7.6m | −CN¥16.5m | CN¥13.7m | CN¥5.5m | CN¥46.3m | −CN¥1.3m |
| Net income | −CN¥18.8m | −CN¥3.0m | −CN¥3.8m | −CN¥17.3m | CN¥13.2m | CN¥4.7m | CN¥40.6m | CN¥368,275 |
| Diluted earnings per share | -0.12 | -0.02 | -0.02 | -0.11 | 0.09 | 0.03 | 0.26 | 0.00 |
| Cash from operations | — | — | — | CN¥15.0m | CN¥2.0m | −CN¥2.0m | CN¥91.0m | CN¥8.0m |
| Capital spending | −CN¥80.0m | −CN¥21.0m | −CN¥8.0m | −CN¥26.0m | −CN¥21.0m | −CN¥49.0m | −CN¥119.0m | −CN¥55.0m |
| Free cash flow | — | — | — | −CN¥11.0m | −CN¥19.0m | −CN¥51.0m | −CN¥28.0m | −CN¥47.0m |
| Total assets | CN¥1.18bn | CN¥1.14bn | CN¥1.15bn | CN¥1.08bn | CN¥1.12bn | CN¥1.13bn | CN¥1.15bn | CN¥1.02bn |
| Cash and short-term investments | — | — | — | CN¥139.0m | CN¥191.9m | CN¥222.4m | CN¥264.8m | CN¥265.6m |
| Debt | CN¥130.0m | CN¥58.1m | CN¥58.2m | CN¥20.3m | CN¥66.0m | CN¥46.0m | CN¥36.0m | CN¥22.0m |
| Shareholders' equity | CN¥843.9m | CN¥862.7m | CN¥865.7m | CN¥869.3m | CN¥886.6m | CN¥895.4m | CN¥891.7m | CN¥857.6m |
Financial ratios
Data as of 8 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | -2.3% | 14.9% | 25.7% | 34.7% | 47.9% | 51.9% |
| Net margin | -1.5% | 13.5% | 23.4% | 30.0% | 41.4% | 44.6% |
| Return on equity | -0.4% | 8.2% | 5.6% | 7.0% | 12.0% | 30.6% |
| Return on assets | -0.3% | 6.4% | 5.0% | 6.5% | 11.0% | 24.8% |
| Free cash flow yield | 2.1% | 4.6% | 2.4% | 0.7% | 0.4% | 1.5% |
| Revenue growth | -61.8% | 168.2% | 6.2% | -21.8% | 2.5% | 18.2% |
| Earnings growth | -104.3% | 54.7% | -17.2% | -43.4% | -4.9% | 18.2% |
| Current ratio | 2.00x | 2.32x | 7.53x | 9.57x | 8.88x | 4.74x |
| Debt to equity | 0.07x | 0.04x | 0.03x | 0.00x | 0.00x | 0.00x |
| Equity ratio | 75.3% | 77.9% | 89.7% | 92.9% | 91.6% | 80.9% |
| Interest coverage | -3.12x | 113.69x | 378.78x | 500.74x | 1320.94x | 3431.25x |
| R&D as a share of sales | 20.9% | 8.0% | 20.1% | 14.6% | 10.5% | 9.1% |
| Buybacks as a share of market value | 1.9% | -1.9% | -3.6% | 2.6% | -32.7% | -104.9% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 2.8% | -2.7% | 13.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 10.2% | 17.0% | 26.8% | 31.6% |
| Net margin | 9.3% | 15.3% | 23.5% | 27.5% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | -2464.9 | 51.1 | 54.3 | 41.0 | 38.9 |
| Price to sales | 37.7 | 6.9 | 12.7 | 12.3 | 16.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 4 years. Last went ex-dividend on 20 May 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Paid in the year | 0.143 | 0.179 | 0.179 | 0.547 |
- 7-for-5 split · 20 May 2025
- 7-for-5 split · 3 Jun 2024
- 7-for-5 split · 7 Jun 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.