Y 
11.45
-0.43%
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¥2.45bn
FY2017FY2025
Net income
−CN¥253.8m
FY2017FY2025
Free cash flow
CN¥208.9m
FY2017FY2025
Shareholders' equity
CN¥3.32bn
FY2017FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥2.45bn | CN¥3.78bn | CN¥4.20bn | CN¥4.54bn | CN¥4.97bn | CN¥4.34bn | CN¥4.29bn | CN¥3.98bn | CN¥2.70bn |
| Research and development | CN¥441.2m | CN¥374.3m | CN¥351.9m | CN¥344.4m | CN¥200.0m | CN¥127.9m | CN¥126.2m | CN¥98.1m | CN¥81.7m |
| Operating income | −CN¥228.0m | CN¥159.1m | CN¥231.8m | CN¥357.9m | CN¥636.8m | CN¥518.7m | CN¥364.5m | CN¥323.4m | CN¥188.9m |
| Net income | −CN¥253.8m | CN¥123.7m | CN¥184.8m | CN¥335.2m | CN¥545.3m | CN¥442.1m | CN¥285.5m | CN¥267.9m | CN¥161.6m |
| Diluted earnings per share | -0.54 | 0.29 | 0.40 | 0.71 | 1.21 | 1.21 | 0.80 | 0.57 | 0.35 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥5.21bn | CN¥5.74bn | CN¥5.91bn | CN¥6.01bn | CN¥5.73bn | CN¥5.46bn | CN¥3.47bn | CN¥3.42bn | CN¥3.50bn |
| Cash and short-term investments | CN¥1.42bn | CN¥1.49bn | CN¥1.48bn | CN¥1.66bn | CN¥2.44bn | CN¥2.53bn | CN¥394.7m | CN¥301.6m | CN¥792.4m |
| Total liabilities | CN¥1.77bn | CN¥2.15bn | CN¥2.31bn | CN¥2.01bn | CN¥1.80bn | CN¥1.87bn | CN¥2.34bn | CN¥2.58bn | CN¥2.79bn |
| Debt | CN¥738.3m | CN¥644.4m | CN¥462.9m | CN¥277.8m | CN¥37.6m | CN¥201.6m | CN¥524.4m | CN¥466.5m | CN¥853.0m |
| Shareholders' equity | CN¥3.32bn | CN¥3.58bn | CN¥3.59bn | CN¥3.99bn | CN¥3.92bn | CN¥3.58bn | CN¥1.12bn | CN¥835.5m | CN¥705.6m |
| Shares outstanding | 468m | 429m | 459m | 470m | 453m | 365m | 357m | 468m | 468m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥344.0m | CN¥438.2m | CN¥785.5m | −CN¥121.2m | CN¥515.2m | CN¥697.7m | CN¥324.9m | CN¥192.7m | CN¥214.8m |
| Capital spending | −CN¥135.1m | −CN¥358.6m | −CN¥497.5m | −CN¥548.0m | −CN¥200.5m | −CN¥126.7m | −CN¥148.0m | −CN¥173.8m | −CN¥105.3m |
| Free cash flow | CN¥208.9m | CN¥79.6m | CN¥288.0m | −CN¥669.1m | CN¥314.8m | CN¥570.9m | CN¥176.9m | CN¥18.9m | CN¥109.5m |
| Dividends paid | −CN¥23.2m | −CN¥111.2m | −CN¥495.0m | −CN¥306.0m | −CN¥202.5m | −CN¥22.2m | −CN¥25.8m | −CN¥31.1m | −CN¥392.5m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥625.1m | CN¥556.0m | CN¥687.0m | CN¥591.7m | CN¥590.0m | CN¥577.4m | CN¥789.1m | CN¥1.04bn |
| Operating income | −CN¥4.9m | −CN¥17.5m | −CN¥83.8m | −CN¥57.0m | −CN¥48.2m | −CN¥55.4m | −CN¥93.5m | CN¥110.3m |
| Net income | −CN¥71.8m | −CN¥33.1m | −CN¥105.9m | −CN¥49.1m | −CN¥49.6m | −CN¥49.3m | −CN¥86.0m | CN¥91.2m |
| Diluted earnings per share | -0.15 | -0.07 | -0.23 | -0.11 | -0.11 | -0.11 | -0.20 | 0.21 |
| Cash from operations | — | — | CN¥173.0m | CN¥176.0m | −CN¥88.0m | CN¥81.0m | CN¥7.0m | CN¥188.0m |
| Capital spending | −CN¥24.0m | −CN¥26.0m | −CN¥18.0m | −CN¥32.0m | −CN¥27.0m | −CN¥57.0m | −CN¥100.0m | −CN¥75.0m |
| Free cash flow | — | — | CN¥155.0m | CN¥144.0m | −CN¥115.0m | CN¥24.0m | −CN¥93.0m | CN¥113.0m |
| Total assets | CN¥5.05bn | CN¥5.19bn | CN¥5.21bn | CN¥5.23bn | CN¥5.29bn | CN¥5.61bn | CN¥5.74bn | CN¥6.00bn |
| Cash and short-term investments | — | — | CN¥1.42bn | CN¥1.35bn | CN¥1.24bn | CN¥1.56bn | CN¥1.49bn | CN¥1.60bn |
| Debt | CN¥474.5m | CN¥492.1m | CN¥734.5m | CN¥472.7m | CN¥431.3m | CN¥641.2m | CN¥629.9m | CN¥648.4m |
| Shareholders' equity | CN¥3.21bn | CN¥3.28bn | CN¥3.32bn | CN¥3.43bn | CN¥3.48bn | CN¥3.53bn | CN¥3.58bn | CN¥3.66bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -18.6% | -10.8% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | -41.7 | 49.9 | 51.8 | 27.1 | 24.7 | 20.1 |
| Price to sales | 4.3 | 1.6 | 2.3 | 2.0 | 2.7 | 2.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 25 Jun 2024.
| FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|
| Paid in the year | 0.20 | 1.10 | 0.68 | 0.45 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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