X 
40.66
+0.67%
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¥767.7m
FY2017FY2025
Net income
CN¥78.7m
FY2017FY2025
Free cash flow
−CN¥97.4m
FY2017FY2025
Shareholders' equity
CN¥2.04bn
FY2017FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥767.7m | CN¥743.5m | CN¥744.8m | CN¥488.5m | CN¥523.5m | CN¥495.5m | CN¥427.4m | CN¥358.9m | CN¥289.1m |
| Research and development | CN¥175.1m | CN¥152.0m | CN¥106.7m | CN¥92.4m | CN¥68.6m | CN¥51.6m | CN¥41.5m | CN¥28.8m | CN¥17.4m |
| Operating income | CN¥77.1m | CN¥108.5m | CN¥244.6m | CN¥135.5m | CN¥224.1m | CN¥223.4m | CN¥147.2m | CN¥93.9m | CN¥77.5m |
| Net income | CN¥78.7m | CN¥102.9m | CN¥227.1m | CN¥125.5m | CN¥201.9m | CN¥196.3m | CN¥129.0m | CN¥80.3m | CN¥64.5m |
| Diluted earnings per share | 0.49 | 0.66 | 1.42 | 0.81 | 1.39 | 1.64 | 1.05 | 0.50 | 0.40 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥3.27bn | CN¥2.93bn | CN¥2.59bn | CN¥2.37bn | CN¥2.18bn | CN¥981.5m | CN¥724.1m | CN¥561.5m | CN¥401.7m |
| Cash and short-term investments | CN¥834.7m | CN¥743.2m | CN¥826.0m | CN¥1.36bn | CN¥1.48bn | CN¥487.2m | CN¥364.3m | CN¥19.7m | CN¥18.8m |
| Total liabilities | −CN¥2.04bn | CN¥873.1m | CN¥484.7m | CN¥428.2m | CN¥237.0m | CN¥238.2m | CN¥176.8m | CN¥146.7m | CN¥302.6m |
| Debt | CN¥80.5m | CN¥365.2m | CN¥35.5m | CN¥17.2m | CN¥3.0m | CN¥50.0m | CN¥2.3m | — | CN¥10.0m |
| Shareholders' equity | CN¥2.04bn | CN¥2.04bn | CN¥2.09bn | CN¥1.93bn | CN¥1.94bn | CN¥743.5m | CN¥547.3m | CN¥414.8m | CN¥99.1m |
| Shares outstanding | 162m | 155m | 159m | 155m | 145m | 120m | 122m | 162m | 162m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥189.8m | CN¥178.6m | CN¥227.9m | CN¥186.7m | CN¥165.9m | CN¥216.4m | CN¥155.9m | CN¥74.2m | CN¥59.3m |
| Capital spending | −CN¥287.2m | −CN¥438.9m | −CN¥479.3m | −CN¥203.1m | −CN¥133.9m | −CN¥139.7m | −CN¥21.1m | −CN¥7.0m | −CN¥14.8m |
| Free cash flow | −CN¥97.4m | −CN¥260.3m | −CN¥251.4m | −CN¥16.4m | CN¥32.0m | CN¥76.7m | CN¥134.9m | CN¥67.2m | CN¥44.5m |
| Dividends paid | −CN¥44.4m | −CN¥85.6m | −CN¥40.5m | −CN¥59.9m | −CN¥59.2m | −CN¥805,764 | — | −CN¥34,441 | −CN¥101.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥180.1m | CN¥193.1m | CN¥230.7m | CN¥178.0m | CN¥173.0m | CN¥186.0m | CN¥236.9m | CN¥168.8m |
| Operating income | CN¥11.7m | CN¥28.7m | CN¥31.5m | CN¥5.2m | CN¥14.4m | CN¥25.9m | CN¥28.6m | CN¥18.6m |
| Net income | CN¥14.3m | CN¥25.3m | CN¥34.7m | CN¥8.6m | CN¥12.4m | CN¥23.0m | CN¥29.5m | CN¥16.8m |
| Diluted earnings per share | 0.09 | 0.16 | 0.21 | 0.05 | 0.08 | 0.14 | 0.19 | 0.11 |
| Cash from operations | — | — | — | CN¥18.0m | CN¥32.0m | CN¥20.0m | — | CN¥60.0m |
| Capital spending | −CN¥79.0m | −CN¥37.0m | −CN¥35.0m | −CN¥58.0m | −CN¥107.0m | −CN¥85.0m | −CN¥86.0m | −CN¥107.0m |
| Free cash flow | — | — | — | −CN¥40.0m | −CN¥75.0m | −CN¥65.0m | — | −CN¥47.0m |
| Total assets | CN¥3.30bn | CN¥3.37bn | CN¥3.27bn | CN¥3.27bn | CN¥3.22bn | CN¥3.11bn | CN¥2.93bn | CN¥2.80bn |
| Cash and short-term investments | — | — | CN¥834.7m | CN¥834.7m | CN¥849.0m | CN¥871.2m | CN¥743.2m | CN¥732.0m |
| Debt | CN¥126.3m | CN¥145.4m | CN¥80.5m | CN¥586.8m | CN¥616.1m | CN¥580.2m | CN¥354.1m | CN¥330.0m |
| Shareholders' equity | CN¥2.10bn | CN¥2.10bn | CN¥2.04bn | CN¥2.03bn | CN¥2.01bn | CN¥2.03bn | CN¥2.04bn | CN¥2.03bn |
Financial ratios
Data as of 4 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2017 | |
|---|---|---|---|---|---|---|---|
| Operating margin | 10.0% | 14.6% | 32.8% | 27.7% | 42.8% | 45.1% | — |
| Net margin | 10.3% | 13.8% | 30.5% | 25.7% | 38.6% | 39.6% | — |
| Return on equity | 3.9% | 5.0% | 10.9% | 6.5% | 10.4% | 26.4% | — |
| Return on assets | 2.4% | 3.5% | 8.8% | 5.3% | 9.3% | 20.0% | — |
| Free cash flow yield | 7.0% | 9.5% | 10.6% | 6.0% | 4.9% | 7.1% | — |
| Revenue growth | 3.3% | -0.2% | 52.5% | -6.7% | 5.6% | 15.9% | — |
| Earnings growth | -23.6% | -54.7% | 81.0% | -37.9% | 2.9% | 52.2% | — |
| Current ratio | 1.56x | 1.55x | 3.21x | 4.74x | 9.46x | 3.36x | — |
| Debt to equity | 0.04x | 0.17x | 0.01x | 0.01x | — | 0.07x | 0.10x |
| Equity ratio | 62.5% | 69.6% | 80.7% | 81.4% | 88.7% | 75.8% | — |
| Interest coverage | 13.53x | 18.41x | 39.15x | 252.43x | 3626.20x | 699.17x | — |
| R&D as a share of sales | 22.8% | 20.4% | 14.3% | 18.9% | 13.1% | 10.4% | — |
| Buybacks as a share of market value | -4.5% | 2.6% | -3.1% | -6.7% | -20.8% | 1.9% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 16.3% | 9.2% | — |
| Operating income | -17.1% | -19.2% | — |
| Net income | -14.4% | -16.7% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | 124.7 | 44.3 | 37.4 | 39.3 | 40.9 |
| Price to sales | 12.8 | 6.1 | 11.4 | 10.1 | 15.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 5 years. Last went ex-dividend on 17 Jun 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Paid in the year | 0.18 | 0.24 | 0.53 | 0.24 | 0.38 | 0.37 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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