Z 
16.68
-1.01%
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¥11.54bn
FY2017FY2025
Net income
CN¥472.1m
FY2017FY2025
Free cash flow
−CN¥2.02bn
FY2017FY2025
Shareholders' equity
CN¥7.71bn
FY2017FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥11.54bn | CN¥11.54bn | CN¥11.45bn | CN¥10.97bn | CN¥10.34bn | CN¥6.96bn | CN¥5.33bn | CN¥4.75bn | CN¥2.94bn |
| Research and development | CN¥1.86bn | CN¥1.46bn | CN¥1.15bn | CN¥772.4m | CN¥623.4m | CN¥405.8m | CN¥318.9m | CN¥170.4m | CN¥122.1m |
| Operating income | CN¥268.2m | CN¥116.3m | CN¥96.5m | −CN¥97.8m | CN¥1.05bn | CN¥982.1m | CN¥553.0m | CN¥238.3m | −CN¥253.3m |
| Net income | CN¥472.1m | CN¥430.4m | CN¥344.2m | CN¥90.9m | CN¥945.8m | CN¥817.0m | CN¥430.3m | CN¥222.4m | −CN¥246.1m |
| Diluted earnings per share | 0.22 | 0.36 | 0.28 | 0.07 | 0.88 | 0.84 | 0.20 | 0.10 | -0.11 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥26.14bn | CN¥20.95bn | CN¥21.51bn | CN¥19.81bn | CN¥16.34bn | CN¥8.58bn | CN¥5.35bn | CN¥4.87bn | CN¥3.50bn |
| Cash and short-term investments | — | CN¥2.86bn | CN¥4.25bn | CN¥4.45bn | CN¥2.95bn | CN¥1.15bn | CN¥253.8m | CN¥522.9m | CN¥170.6m |
| Total liabilities | CN¥17.83bn | CN¥13.69bn | CN¥14.28bn | CN¥13.14bn | CN¥10.04bn | CN¥5.34bn | CN¥3.13bn | CN¥3.31bn | CN¥2.91bn |
| Debt | CN¥4.63bn | CN¥5.81bn | CN¥5.35bn | CN¥5.71bn | CN¥2.51bn | CN¥1.29bn | CN¥843.1m | CN¥837.9m | CN¥607.7m |
| Shareholders' equity | CN¥7.71bn | CN¥7.15bn | CN¥6.97bn | CN¥6.63bn | CN¥6.30bn | CN¥3.25bn | CN¥2.22bn | CN¥1.56bn | CN¥586.2m |
| Shares outstanding | 2,142m | 1,180m | 1,248m | 1,366m | 1,074m | 967m | 2,142m | 2,142m | 2,142m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥2.09bn | CN¥2.44bn | CN¥2.60bn | CN¥1.88bn | CN¥1.99bn | CN¥1.88bn | CN¥350.3m | −CN¥196.0m | −CN¥293.1m |
| Capital spending | −CN¥4.11bn | −CN¥3.02bn | −CN¥3.30bn | −CN¥3.25bn | −CN¥3.72bn | −CN¥1.66bn | −CN¥777.5m | −CN¥580.1m | −CN¥160.1m |
| Free cash flow | −CN¥2.02bn | −CN¥578.7m | −CN¥693.8m | −CN¥1.37bn | −CN¥1.73bn | CN¥217.4m | −CN¥427.1m | −CN¥776.1m | −CN¥453.2m |
| Dividends paid | −CN¥453.1m | −CN¥442.3m | −CN¥230.8m | −CN¥297.5m | −CN¥60.3m | −CN¥243.9m | −CN¥23.2m | −CN¥8.8m | −CN¥4.2m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥3.69bn | CN¥3.64bn | CN¥1.22bn | CN¥4.22bn | CN¥3.60bn | CN¥2.50bn | CN¥3.02bn | CN¥3.17bn |
| Operating income | −CN¥121.7m | −CN¥53.3m | −CN¥9.0m | CN¥180.4m | CN¥91.1m | −CN¥145.9m | CN¥108.4m | CN¥89.1m |
| Net income | −CN¥118.5m | −CN¥84.7m | CN¥161.0m | CN¥270.0m | CN¥140.5m | −CN¥23.7m | CN¥162.4m | CN¥166.2m |
| Diluted earnings per share | -0.06 | -0.04 | 0.08 | 0.13 | 0.07 | -0.01 | 0.14 | 0.14 |
| Cash from operations | — | — | — | CN¥892.0m | CN¥345.0m | CN¥509.0m | CN¥786.0m | CN¥825.0m |
| Capital spending | −CN¥1.34bn | −CN¥788.0m | −CN¥1.21bn | −CN¥998.0m | −CN¥1.06bn | −CN¥844.0m | −CN¥1.10bn | −CN¥591.0m |
| Free cash flow | — | — | — | −CN¥106.0m | −CN¥716.0m | −CN¥335.0m | −CN¥315.0m | CN¥234.0m |
| Total assets | CN¥27.07bn | CN¥25.71bn | CN¥26.14bn | CN¥25.88bn | CN¥23.86bn | CN¥21.22bn | CN¥20.95bn | CN¥21.90bn |
| Cash and short-term investments | — | — | — | CN¥3.42bn | CN¥2.45bn | CN¥2.96bn | CN¥2.86bn | CN¥4.25bn |
| Debt | CN¥5.21bn | CN¥4.82bn | CN¥4.63bn | CN¥5.56bn | CN¥6.46bn | CN¥7.61bn | CN¥5.71bn | CN¥6.60bn |
| Shareholders' equity | CN¥7.19bn | CN¥7.59bn | CN¥7.71bn | CN¥7.52bn | CN¥7.20bn | CN¥7.40bn | CN¥7.15bn | CN¥6.99bn |
Financial ratios
Data as of 25 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | 2.3% | 1.0% | 0.8% | -0.9% | 10.2% | 14.1% |
| Net margin | 4.1% | 3.7% | 3.0% | 0.8% | 9.1% | 11.7% |
| Return on equity | 6.1% | 6.0% | 4.9% | 1.4% | 15.0% | 25.2% |
| Return on assets | 1.8% | 2.1% | 1.6% | 0.5% | 5.8% | 9.5% |
| Free cash flow yield | 20.6% | 33.0% | 33.7% | 26.8% | 37.9% | 26.1% |
| Revenue growth | 0.0% | 0.8% | 4.3% | 6.1% | 48.5% | 30.6% |
| Earnings growth | 9.7% | 25.0% | 278.5% | -90.4% | 15.8% | 89.9% |
| Current ratio | 0.83x | 1.15x | 1.02x | 1.22x | 1.09x | 1.14x |
| Debt to equity | 0.60x | 0.80x | 0.76x | 0.85x | 0.34x | 0.31x |
| Equity ratio | 29.5% | 34.1% | 32.4% | 33.5% | 38.6% | 37.8% |
| Interest coverage | 1.42x | 0.49x | 0.39x | -1.13x | 22.95x | 14.87x |
| R&D as a share of sales | 16.1% | 12.6% | 10.0% | 7.0% | 6.0% | 5.8% |
| Buybacks as a share of market value | -81.4% | 5.4% | 8.7% | -27.2% | -11.1% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 1.7% | 10.6% | — |
| Operating income | — | -22.9% | — |
| Net income | 73.1% | -10.4% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | 97.7 | 44.1 | 79.8 | 279.9 | 55.2 |
| Price to sales | 4.0 | 1.6 | 2.4 | 2.3 | 5.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 4 years. Last went ex-dividend on 28 May 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Paid in the year | 0.30 | 0.30 | 0.27 | 0.09 | 0.18 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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