0.07
+1.49%
Close of 9 Nov 2026, in HKD
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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¥1.04bn
FY2017FY2025
Net income
−CN¥226.1m
FY2017FY2025
Free cash flow
CN¥79.0m
FY2017FY2025
Shareholders' equity
CN¥611.5m
FY2017FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.04bn | CN¥953.5m | CN¥980.6m | CN¥1.14bn | CN¥1.34bn | CN¥1.10bn | CN¥716.2m | CN¥456.3m | CN¥272.9m |
| Gross profit | CN¥168.9m | CN¥199.4m | CN¥209.4m | CN¥252.9m | CN¥428.1m | CN¥383.4m | CN¥244.5m | CN¥121.0m | CN¥70.3m |
| Operating income | −CN¥24.7m | CN¥54.6m | CN¥89.8m | CN¥95.1m | CN¥243.4m | CN¥243.4m | CN¥154.0m | CN¥55.1m | CN¥29.4m |
| Net income | −CN¥226.1m | −CN¥201.9m | −CN¥69.5m | −CN¥280.7m | CN¥174.6m | CN¥171.6m | CN¥105.4m | CN¥39.6m | CN¥20.3m |
| Diluted earnings per share | -0.22 | -0.19 | -0.07 | -0.27 | 0.17 | 0.17 | 0.14 | 0.04 | 0.02 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥1.54bn | CN¥1.77bn | CN¥1.85bn | CN¥1.98bn | CN¥2.52bn | CN¥1.98bn | CN¥529.1m | CN¥851.1m | CN¥727.3m |
| Cash and short-term investments | CN¥540.8m | CN¥572.2m | CN¥589.0m | CN¥721.1m | CN¥736.9m | CN¥1.45bn | CN¥218.4m | CN¥49.8m | CN¥101.0m |
| Total liabilities | CN¥926.9m | CN¥930.2m | CN¥758.2m | CN¥812.3m | CN¥1.05bn | CN¥592.0m | CN¥401.0m | CN¥797.1m | CN¥712.8m |
| Debt | CN¥172.7m | CN¥259.8m | CN¥77.1m | CN¥172.5m | CN¥268.5m | CN¥38.1m | CN¥31.0m | CN¥521.3m | CN¥500.7m |
| Shareholders' equity | CN¥611.5m | CN¥841.7m | CN¥1.08bn | CN¥1.16bn | CN¥1.45bn | CN¥1.36bn | CN¥111.5m | CN¥54.1m | CN¥14.5m |
| Shares outstanding | 1,038m | 1,038m | 1,038m | 1,038m | 1,038m | 1,021m | 733m | 1,038m | 1,038m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥92.2m | CN¥38.9m | CN¥115.9m | CN¥2.8m | CN¥195.6m | CN¥160.3m | CN¥125.2m | CN¥54.1m | CN¥68.5m |
| Capital spending | −CN¥13.2m | −CN¥9.9m | −CN¥2.5m | −CN¥4.0m | −CN¥8.6m | −CN¥5.7m | −CN¥5.5m | −CN¥3.8m | −CN¥1.6m |
| Free cash flow | CN¥79.0m | CN¥28.9m | CN¥113.3m | −CN¥1.2m | CN¥187.0m | CN¥154.6m | CN¥119.7m | CN¥50.2m | CN¥66.8m |
| Dividends paid | — | — | — | — | −CN¥72.6m | −CN¥72.6m | −CN¥48.0m | −CN¥72.6m | — |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Sept 2024 | Jun 2024 | Mar 2024 | Dec 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥483.6m | CN¥530.3m | CN¥523.3m | CN¥484.3m | CN¥282.9m | CN¥469.2m | CN¥274.1m | CN¥461.4m |
| Gross profit | CN¥82.5m | CN¥66.7m | CN¥105.5m | CN¥104.3m | CN¥60.9m | CN¥95.1m | CN¥55.6m | CN¥75.4m |
| Operating income | −CN¥35.0m | −CN¥54.8m | CN¥35.0m | CN¥28.9m | CN¥16.9m | CN¥25.7m | CN¥15.0m | CN¥21.4m |
| Net income | −CN¥53.5m | −CN¥220.8m | −CN¥7.5m | −CN¥189.0m | −CN¥110.4m | −CN¥13.0m | −CN¥7.6m | −CN¥82.7m |
| Diluted earnings per share | -0.05 | -0.21 | -0.01 | -0.18 | -0.11 | -0.01 | -0.01 | -0.08 |
| Cash from operations | −CN¥37.0m | CN¥83.0m | CN¥10.0m | CN¥37.0m | — | — | — | CN¥98.0m |
| Capital spending | −CN¥1.0m | −CN¥7.0m | −CN¥7.0m | −CN¥7.0m | — | −CN¥1.0m | −CN¥1.0m | — |
| Free cash flow | −CN¥38.0m | CN¥76.0m | CN¥3.0m | CN¥30.0m | — | — | — | — |
| Total assets | CN¥1.42bn | CN¥1.54bn | CN¥1.74bn | CN¥1.52bn | CN¥1.77bn | CN¥1.66bn | CN¥1.94bn | CN¥1.85bn |
| Cash and short-term investments | CN¥489.6m | CN¥540.8m | CN¥548.4m | CN¥489.8m | CN¥572.2m | CN¥471.2m | CN¥550.5m | CN¥579.1m |
| Debt | CN¥38.8m | CN¥172.6m | CN¥234.6m | CN¥222.4m | CN¥138.1m | CN¥233.3m | CN¥114.9m | CN¥76.2m |
| Shareholders' equity | CN¥557.7m | CN¥611.5m | CN¥834.2m | CN¥720.5m | CN¥841.7m | CN¥913.6m | CN¥1.07bn | CN¥1.08bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -3.3% | -1.6% | — |
| Net income | -7.0% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 18.5% | 20.2% | 25.1% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | -0.5 | -0.8 | -2.5 | -2.3 | 10.5 | 9.2 |
| Price to sales | 0.1 | 0.2 | 0.2 | 0.6 | 1.4 | 1.4 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 22 Jun 2021.
| FY2021 | |
|---|---|
| Paid in the year | 0.001 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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