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4.01
+0.25%
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¥92.1m
FY2016FY2025
Net income
−CN¥16.6m
FY2016FY2025
Free cash flow
−CN¥9.0m
FY2016FY2025
Shareholders' equity
CN¥13.7m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥92.1m | CN¥119.8m | CN¥100.4m | CN¥151.4m | CN¥145.3m | CN¥144.2m | CN¥228.3m | CN¥124.8m | CN¥97.0m | CN¥88.3m |
| Operating income | −CN¥20.9m | −CN¥9.1m | −CN¥14.8m | −CN¥30.6m | −CN¥5.9m | −CN¥16.3m | CN¥1.2m | CN¥2.1m | CN¥1.7m | CN¥14.9m |
| Net income | −CN¥16.6m | −CN¥4.9m | −CN¥14.5m | −CN¥31.2m | −CN¥6.5m | −CN¥17.8m | −CN¥1.3m | −CN¥996,000 | −CN¥784,000 | CN¥11.0m |
| Diluted earnings per share | -0.12 | -0.04 | -0.12 | -0.27 | -0.08 | -0.18 | -0.01 | -0.01 | -0.01 | 0.06 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥114.9m | CN¥112.1m | CN¥93.1m | CN¥117.2m | CN¥127.3m | CN¥125.7m | CN¥161.6m | CN¥125.3m | CN¥67.7m | CN¥51.9m |
| Cash and short-term investments | CN¥17.1m | CN¥21.6m | CN¥10.6m | CN¥3.6m | CN¥5.7m | CN¥15.3m | CN¥25.1m | CN¥61.7m | CN¥20.2m | CN¥16.2m |
| Total liabilities | CN¥102.2m | CN¥108.9m | CN¥90.1m | CN¥98.3m | CN¥84.5m | CN¥69.3m | CN¥88.6m | CN¥51.4m | CN¥41.1m | CN¥24.0m |
| Debt | CN¥31.4m | CN¥25.6m | CN¥17.5m | CN¥14.1m | CN¥15.6m | CN¥10.7m | CN¥6.2m | — | — | CN¥5.0m |
| Shareholders' equity | CN¥13.7m | CN¥3.6m | CN¥3.1m | CN¥17.5m | CN¥42.7m | CN¥56.4m | CN¥73.1m | CN¥73.9m | CN¥26.7m | CN¥27.9m |
| Shares outstanding | 137m | 121m | 120m | 115m | 81m | 100m | 100m | 100m | 100m | 169m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −CN¥6.9m | −CN¥17.8m | CN¥1.8m | −CN¥7.2m | −CN¥4.5m | −CN¥12.3m | −CN¥39.5m | −CN¥5.9m | CN¥4.3m | −CN¥2.8m |
| Capital spending | −CN¥2.1m | −CN¥12,823 | −CN¥10,259 | −CN¥10,259 | −CN¥224,838 | −CN¥281,000 | −CN¥485,000 | −CN¥3.3m | −CN¥169,000 | −CN¥3.3m |
| Free cash flow | −CN¥9.0m | −CN¥17.8m | CN¥1.8m | −CN¥7.2m | −CN¥4.7m | −CN¥12.6m | −CN¥40.0m | −CN¥9.1m | CN¥4.2m | −CN¥6.0m |
| Dividends paid | — | — | — | — | — | — | — | — | −CN¥29.6m | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥25.7m | CN¥25.7m | CN¥24.8m | CN¥24.8m | CN¥22.4m | CN¥22.4m | CN¥34.9m | CN¥40.9m |
| Operating income | −CN¥7.9m | −CN¥7.9m | −CN¥1.8m | −CN¥1.8m | −CN¥6.2m | −CN¥6.2m | −CN¥5.0m | −CN¥5.9m |
| Net income | −CN¥8.0m | −CN¥8.0m | −CN¥2.5m | −CN¥2.5m | −CN¥6.0m | −CN¥6.0m | −CN¥4.4m | −CN¥5.1m |
| Diluted earnings per share | -0.05 | -0.05 | -0.02 | -0.02 | -0.04 | -0.04 | -0.04 | -0.04 |
| Cash from operations | −CN¥14.0m | −CN¥14.0m | CN¥1.0m | CN¥1.0m | −CN¥4.0m | −CN¥4.0m | −CN¥4.0m | −CN¥5.0m |
| Total assets | CN¥128.6m | CN¥128.6m | CN¥114.9m | CN¥114.9m | CN¥125.8m | CN¥125.8m | CN¥112.1m | CN¥131.1m |
| Cash and short-term investments | CN¥21.4m | CN¥21.4m | CN¥17.1m | CN¥17.1m | CN¥15.7m | CN¥15.7m | CN¥21.6m | CN¥25.3m |
| Debt | CN¥33.9m | CN¥33.9m | CN¥31.4m | CN¥29.2m | CN¥34.8m | CN¥34.8m | CN¥25.6m | CN¥27.9m |
| Shareholders' equity | CN¥29.3m | CN¥29.3m | CN¥13.7m | CN¥13.7m | CN¥13.3m | CN¥13.3m | CN¥3.6m | CN¥4.3m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -15.3% | -8.6% | 0.3% |
| Operating income | -12.0% | 5.1% | — |
| Net income | -19.0% | -1.5% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -14.1% | -16.3% | -13.0% | -4.5% |
| Net margin | -10.1% | -14.5% | -12.1% | -5.3% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Price to earnings | -10.8 | -18.8 | -3.7 | -3.2 | -6.6 | -2.5 | -33.3 | -58.8 |
| Price to sales | 1.9 | 0.8 | 0.5 | 0.7 | 0.3 | 0.3 | 0.2 | 0.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 20-to-1 reverse split · 24 Aug 2021
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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