X 
100.00
+3.95%
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¥3.47bn
FY2017FY2025
Net income
CN¥143.3m
FY2017FY2025
Free cash flow
−CN¥294.6m
FY2017FY2025
Shareholders' equity
CN¥3.02bn
FY2017FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥3.47bn | CN¥3.40bn | CN¥3.56bn | CN¥4.22bn | CN¥4.04bn | CN¥2.83bn | CN¥2.12bn | CN¥1.68bn | CN¥1.18bn |
| Research and development | CN¥400.4m | CN¥367.6m | CN¥381.3m | CN¥377.2m | CN¥262.9m | CN¥139.1m | CN¥81.1m | CN¥87.4m | CN¥51.8m |
| Operating income | CN¥135.6m | CN¥84.4m | CN¥32.5m | CN¥509.3m | CN¥541.6m | CN¥304.8m | CN¥98.5m | CN¥189.8m | CN¥98.2m |
| Net income | CN¥143.3m | CN¥120.1m | CN¥120.5m | CN¥501.5m | CN¥483.5m | CN¥268.8m | CN¥93.4m | CN¥171.7m | CN¥91.7m |
| Diluted earnings per share | 2.15 | 1.73 | 1.72 | 7.14 | 6.92 | 5.11 | 1.78 | 2.58 | 1.38 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥5.62bn | CN¥5.32bn | CN¥5.58bn | CN¥5.29bn | CN¥5.14bn | CN¥2.48bn | CN¥1.37bn | CN¥859.0m | CN¥696.7m |
| Cash and short-term investments | — | CN¥2.52bn | CN¥2.62bn | CN¥2.21bn | CN¥2.65bn | CN¥700.1m | CN¥598.9m | CN¥202.4m | CN¥223.2m |
| Total liabilities | CN¥2.60bn | CN¥2.37bn | CN¥2.46bn | CN¥2.15bn | CN¥2.38bn | CN¥1.70bn | CN¥794.9m | CN¥416.7m | CN¥269.1m |
| Debt | — | CN¥259.4m | CN¥611.8m | CN¥322.9m | CN¥403.1m | CN¥324.0m | CN¥200.0m | CN¥90.0m | CN¥18.0m |
| Shareholders' equity | CN¥3.02bn | CN¥2.94bn | CN¥3.12bn | CN¥3.13bn | CN¥2.76bn | CN¥781.7m | CN¥571.2m | CN¥442.3m | CN¥427.6m |
| Shares outstanding | 67m | 70m | 70m | 70m | 70m | 53m | 53m | 67m | 67m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −CN¥95.1m | CN¥230.2m | CN¥378.3m | −CN¥59.0m | CN¥536.2m | CN¥185.3m | CN¥323.8m | −CN¥146.8m | −CN¥26.6m |
| Capital spending | −CN¥199.5m | −CN¥71.3m | −CN¥64.7m | −CN¥125.6m | −CN¥100.4m | −CN¥177.5m | −CN¥72.0m | −CN¥23.4m | −CN¥4.0m |
| Free cash flow | −CN¥294.6m | CN¥158.9m | CN¥313.6m | −CN¥184.5m | CN¥435.8m | CN¥7.8m | CN¥251.8m | −CN¥170.2m | −CN¥30.7m |
| Dividends paid | −CN¥3.9m | −CN¥24.6m | −CN¥150.0m | −CN¥150.0m | −CN¥80.0m | −CN¥60.0m | −CN¥2.9m | −CN¥3.0m | −CN¥1.5m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥813.5m | CN¥792.5m | CN¥1.14bn | CN¥701.1m | CN¥815.9m | CN¥809.9m | CN¥1.12bn | CN¥681.6m |
| Operating income | CN¥30.3m | CN¥49.0m | CN¥68.3m | −CN¥12.0m | CN¥3.4m | CN¥75.8m | CN¥136.0m | −CN¥48.9m |
| Net income | CN¥32.9m | CN¥50.3m | CN¥63.6m | −CN¥9.0m | CN¥26.0m | CN¥62.6m | CN¥160.5m | −CN¥44.4m |
| Diluted earnings per share | 0.49 | 0.76 | 0.96 | -0.14 | 0.39 | 0.94 | 2.31 | -0.64 |
| Cash from operations | — | — | — | −CN¥62.0m | −CN¥290.0m | −CN¥145.0m | CN¥176.0m | −CN¥113.0m |
| Capital spending | −CN¥18.0m | −CN¥12.0m | −CN¥94.0m | −CN¥29.0m | −CN¥49.0m | −CN¥26.0m | −CN¥19.0m | −CN¥18.0m |
| Free cash flow | — | — | — | −CN¥91.0m | −CN¥339.0m | −CN¥171.0m | CN¥157.0m | −CN¥131.0m |
| Total assets | CN¥5.93bn | CN¥5.61bn | CN¥5.62bn | CN¥5.44bn | CN¥5.47bn | CN¥5.35bn | CN¥5.32bn | CN¥5.27bn |
| Cash and short-term investments | — | — | — | CN¥2.14bn | CN¥2.16bn | CN¥2.43bn | CN¥2.52bn | CN¥2.52bn |
| Debt | — | — | — | CN¥1.02bn | CN¥609.2m | CN¥343.5m | CN¥258.0m | CN¥559.9m |
| Shareholders' equity | CN¥2.94bn | CN¥2.99bn | CN¥3.02bn | CN¥2.89bn | CN¥2.90bn | CN¥2.99bn | CN¥2.94bn | CN¥2.97bn |
Financial ratios
Data as of 11 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Operating margin | 3.8% | 2.7% | 1.0% | 12.1% | 13.6% | 10.8% | — |
| Net margin | 4.1% | 3.5% | 3.4% | 11.9% | 12.0% | 9.5% | — |
| Return on equity | 4.7% | 4.1% | 3.9% | 16.0% | 17.5% | 34.4% | — |
| Return on assets | 2.5% | 2.3% | 2.2% | 9.5% | 9.4% | 10.8% | — |
| Free cash flow yield | 1.9% | 5.2% | 7.6% | 1.1% | 11.0% | 8.3% | — |
| Revenue growth | 1.8% | -4.3% | -15.8% | 4.6% | 42.8% | 33.6% | — |
| Earnings growth | 19.3% | -0.3% | -76.0% | 3.7% | 79.9% | 187.8% | — |
| Current ratio | 2.00x | 2.50x | 3.16x | 2.84x | 1.91x | 1.12x | — |
| Debt to equity | — | 0.09x | 0.19x | 0.10x | 0.14x | 0.43x | 0.35x |
| Equity ratio | 53.7% | 55.3% | 55.8% | 59.3% | 53.7% | 31.5% | — |
| Interest coverage | 11.58x | 13.37x | 7.39x | 395.60x | 117.54x | 98.83x | — |
| R&D as a share of sales | 11.5% | 10.8% | 10.7% | 8.9% | 6.5% | 4.9% | — |
| Buybacks as a share of market value | 4.3% | 0.8% | 0.2% | -0.6% | -32.8% | -0.2% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -6.4% | 4.2% | — |
| Operating income | -35.7% | -15.0% | — |
| Net income | -34.1% | -11.8% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | 51.8 | 56.7 | 65.7 | 23.3 | 57.0 |
| Price to sales | 2.1 | 2.0 | 2.2 | 2.8 | 6.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 19 May 2026.
| FY2026 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Paid in the year | 1.184 | 0.30 | 2.147 | 3.00 | 1.143 |
- 7-for-5 split · 26 May 2022
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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