M 
19.68
+0.31%
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¥1.35bn
FY2016FY2025
Net income
CN¥17.4m
FY2016FY2025
Free cash flow
CN¥72.4m
FY2016FY2025
Shareholders' equity
CN¥1.08bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.35bn | CN¥1.33bn | CN¥1.50bn | CN¥926.1m | CN¥550.6m | CN¥331.6m | CN¥259.7m | CN¥262.5m | CN¥205.6m | CN¥192.3m |
| Research and development | CN¥115.4m | CN¥109.8m | CN¥108.1m | CN¥64.3m | CN¥37.9m | CN¥23.0m | CN¥24.6m | CN¥22.1m | CN¥18.3m | — |
| Operating income | CN¥45.0m | −CN¥13.4m | CN¥115.0m | CN¥78.1m | CN¥72.5m | CN¥28.8m | CN¥11.9m | CN¥7.5m | CN¥10.8m | CN¥7.8m |
| Net income | CN¥17.4m | −CN¥14.5m | CN¥116.2m | CN¥78.7m | CN¥68.8m | CN¥26.6m | CN¥11.2m | CN¥7.5m | CN¥13.6m | CN¥11.6m |
| Diluted earnings per share | 0.08 | -0.07 | 0.55 | 0.38 | 0.93 | 0.16 | 0.06 | 0.05 | 0.07 | 0.09 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥2.67bn | CN¥2.60bn | CN¥2.49bn | CN¥1.69bn | CN¥1.28bn | CN¥424.8m | CN¥339.5m | CN¥319.2m | CN¥285.2m | CN¥234.6m |
| Cash and short-term investments | — | CN¥265.6m | CN¥266.4m | CN¥380.0m | CN¥470.3m | CN¥18.4m | CN¥32.5m | CN¥30.0m | CN¥22.1m | CN¥18.0m |
| Total liabilities | CN¥1.57bn | CN¥1.52bn | CN¥1.35bn | CN¥723.3m | CN¥404.2m | CN¥192.4m | CN¥183.7m | CN¥152.5m | CN¥136.5m | CN¥83.5m |
| Debt | CN¥443.9m | CN¥803.6m | CN¥705.0m | CN¥387.5m | CN¥136.2m | CN¥57.0m | CN¥86.0m | CN¥49.8m | CN¥37.8m | CN¥32.0m |
| Shareholders' equity | CN¥1.08bn | CN¥1.08bn | CN¥1.14bn | CN¥965.7m | CN¥876.5m | CN¥230.9m | CN¥154.2m | CN¥163.0m | CN¥143.2m | CN¥122.5m |
| Shares outstanding | 213m | 210m | 213m | 208m | 74m | 163m | 197m | 143m | 182m | 125m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥138.7m | CN¥122.0m | −CN¥147.7m | −CN¥81.4m | −CN¥74.1m | CN¥4.4m | CN¥6.3m | CN¥9.9m | CN¥12.4m | CN¥9.9m |
| Capital spending | −CN¥66.3m | −CN¥115.8m | −CN¥206.2m | −CN¥129.9m | −CN¥48.4m | −CN¥35.5m | −CN¥16.8m | −CN¥21.7m | −CN¥13.3m | −CN¥9.7m |
| Free cash flow | CN¥72.4m | CN¥6.2m | −CN¥353.9m | −CN¥211.3m | −CN¥122.5m | −CN¥31.1m | −CN¥10.6m | −CN¥11.8m | −CN¥888,801 | CN¥165,840 |
| Dividends paid | −CN¥12.1m | −CN¥24.8m | −CN¥19.5m | −CN¥33.4m | −CN¥20.0m | −CN¥3.1m | −CN¥22.6m | −CN¥2.3m | −CN¥3.2m | −CN¥1.4m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥429.2m | CN¥308.8m | CN¥363.2m | CN¥302.9m | CN¥382.8m | CN¥297.4m | CN¥351.7m | CN¥343.1m |
| Operating income | CN¥2.1m | −CN¥1.6m | CN¥27.7m | CN¥1.6m | −CN¥2.6m | CN¥6.6m | −CN¥18.2m | CN¥1.3m |
| Net income | CN¥3.1m | CN¥909,103 | CN¥12.1m | CN¥2.4m | CN¥1.9m | CN¥1.1m | −CN¥18.5m | CN¥1.5m |
| Diluted earnings per share | 0.01 | 0.00 | 0.06 | 0.01 | 0.01 | 0.01 | -0.09 | 0.01 |
| Cash from operations | — | — | — | CN¥43.0m | −CN¥22.0m | CN¥21.0m | CN¥45.0m | CN¥21.0m |
| Capital spending | −CN¥26.0m | −CN¥26.0m | −CN¥17.0m | −CN¥20.0m | −CN¥12.0m | −CN¥15.0m | −CN¥25.0m | −CN¥8.0m |
| Free cash flow | — | — | — | CN¥23.0m | −CN¥34.0m | CN¥6.0m | CN¥20.0m | CN¥13.0m |
| Total assets | CN¥2.94bn | CN¥2.65bn | CN¥2.67bn | CN¥2.57bn | CN¥2.54bn | CN¥2.57bn | CN¥2.60bn | CN¥2.57bn |
| Cash and short-term investments | — | — | — | CN¥230.5m | CN¥229.7m | CN¥257.5m | CN¥265.6m | CN¥215.0m |
| Debt | CN¥479.2m | CN¥463.8m | CN¥443.9m | CN¥512.1m | CN¥814.3m | CN¥787.1m | CN¥784.2m | CN¥734.2m |
| Shareholders' equity | CN¥1.10bn | CN¥1.09bn | CN¥1.08bn | CN¥1.07bn | CN¥1.07bn | CN¥1.07bn | CN¥1.08bn | CN¥1.12bn |
Financial ratios
Data as of 11 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | 0.8% | -0.4% | 9.1% | 9.1% | 13.7% | 9.6% |
| Net margin | 1.3% | -1.1% | 7.7% | 8.5% | 12.5% | 8.0% |
| Return on equity | 1.6% | -1.3% | 10.1% | 8.2% | 7.9% | 11.5% |
| Return on assets | 0.7% | -0.6% | 4.7% | 4.7% | 5.4% | 6.3% |
| Free cash flow yield | 4.2% | 5.0% | 1.2% | 1.0% | -1.5% | 1.1% |
| Revenue growth | 1.1% | -11.5% | 62.5% | 68.2% | 66.0% | 27.7% |
| Earnings growth | -220.5% | -112.5% | 47.6% | 14.4% | 158.4% | 137.6% |
| Current ratio | 1.42x | 1.40x | 1.60x | 1.90x | 3.29x | 1.75x |
| Debt to equity | 0.41x | 0.73x | 0.60x | 0.30x | 0.04x | 0.25x |
| Equity ratio | 40.7% | 41.3% | 46.0% | 57.2% | 68.4% | 54.3% |
| Interest coverage | 0.33x | -0.19x | 6.36x | 12.40x | 23.50x | 9.25x |
| R&D as a share of sales | 8.6% | 8.2% | 7.2% | 6.9% | 6.9% | 6.9% |
| Buybacks as a share of market value | -1.0% | 1.1% | -2.3% | -181.2% | 54.5% | 17.4% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 13.3% | 32.3% | 26.2% |
| Operating income | -16.8% | 9.3% | — |
| Net income | -39.5% | -8.1% | 15.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 1.2% | 4.4% | 5.4% | 5.2% |
| Net margin | 0.1% | 3.9% | 4.9% | 4.8% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | 387.1 | -251.4 | 54.3 | 159.2 | 61.8 |
| Price to sales | 5.0 | 2.7 | 4.2 | 13.5 | 7.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 19 Jun 2024.
| FY2024 | FY2023 | FY2021 | |
|---|---|---|---|
| Paid in the year | 0.09 | 0.046 | 0.094 |
- 7-for-5 split · 19 Jun 2024
- 11-for-10 split · 5 Jun 2023
- 7-for-5 split · 10 Jun 2022
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.