L
0.10
-15.38%
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¥37.6m
FY2016FY2025
Net income
−CN¥50.1m
FY2016FY2025
Free cash flow
—
FY2016FY2025
Shareholders' equity
−CN¥543.8m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥37.6m | CN¥15.1m | CN¥96.5m | CN¥19.7m | CN¥259.4m | CN¥387.3m | CN¥332.6m | CN¥385.9m | CN¥378.7m | CN¥73.6m |
| Operating income | −CN¥27.2m | −CN¥32.9m | −CN¥106.2m | −CN¥211.9m | −CN¥80.2m | CN¥78.4m | CN¥81.5m | CN¥80.0m | CN¥67.1m | CN¥29.3m |
| Net income | −CN¥50.1m | −CN¥43.1m | −CN¥132.2m | −CN¥251.5m | −CN¥63.9m | CN¥59.6m | CN¥65.5m | CN¥67.6m | CN¥56.8m | CN¥20.6m |
| Diluted earnings per share | -0.14 | -0.14 | -0.44 | -0.84 | -0.21 | 0.20 | 0.29 | 0.23 | 0.19 | 0.07 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥72.0m | CN¥685.7m | CN¥613.7m | CN¥698.1m | CN¥1.01bn | CN¥1.17bn | CN¥722.7m | CN¥622.1m | CN¥374.0m | CN¥140.8m |
| Cash and short-term investments | CN¥8.2m | CN¥8.3m | CN¥3.8m | CN¥50.7m | CN¥38.2m | CN¥185.7m | CN¥76.3m | CN¥15.0m | CN¥23.1m | CN¥12.5m |
| Total liabilities | CN¥615.7m | CN¥696.1m | CN¥585.7m | CN¥539.1m | CN¥537.0m | CN¥616.3m | CN¥439.2m | CN¥365.9m | CN¥203.4m | CN¥86.0m |
| Debt | CN¥135.0m | CN¥159.4m | CN¥140.5m | CN¥184.8m | CN¥133.9m | CN¥83.3m | CN¥48.8m | CN¥108.4m | CN¥90.4m | CN¥57.2m |
| Shareholders' equity | −CN¥543.8m | −CN¥10.4m | CN¥28.0m | CN¥159.0m | CN¥477.8m | CN¥554.9m | CN¥283.5m | CN¥256.1m | CN¥170.5m | CN¥54.7m |
| Shares outstanding | 360m | 300m | 300m | 300m | 300m | 300m | 225m | 300m | 300m | 300m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | — | CN¥11.1m | CN¥54.5m | −CN¥65.0m | −CN¥113.4m | −CN¥114.6m | CN¥92.1m | −CN¥28.4m | −CN¥82.5m | −CN¥6.3m |
| Capital spending | — | — | −CN¥179,489 | −CN¥810,678 | −CN¥3.5m | −CN¥552,000 | −CN¥238,184 | −CN¥1.4m | −CN¥1.1m | −CN¥2.3m |
| Free cash flow | — | CN¥11.1m | CN¥54.3m | −CN¥65.8m | −CN¥116.9m | −CN¥115.1m | CN¥91.8m | −CN¥29.8m | −CN¥83.5m | −CN¥8.6m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | CN¥37.0m | CN¥117.7m | CN¥4.3m | CN¥8.6m | CN¥30.9m | CN¥65.6m | CN¥5.2m |
| Operating income | −CN¥26.1m | −CN¥2.3m | −CN¥469.9m | −CN¥23.7m | −CN¥4.2m | −CN¥106.2m | −CN¥3,403 | −CN¥208.7m |
| Net income | −CN¥38.6m | −CN¥11.3m | −CN¥510.9m | −CN¥27.8m | −CN¥8.9m | −CN¥126.4m | −CN¥5.8m | −CN¥240.2m |
| Diluted earnings per share | -0.09 | -0.03 | -1.42 | -0.09 | -0.03 | -0.42 | -0.02 | -0.80 |
| Cash from operations | — | CN¥6.0m | — | CN¥8.0m | −CN¥2.0m | CN¥45.0m | CN¥8.0m | CN¥3.0m |
| Total assets | CN¥72.0m | CN¥117.6m | CN¥104.8m | CN¥583.3m | CN¥602.3m | CN¥613.7m | CN¥839.1m | CN¥783.8m |
| Cash and short-term investments | CN¥5.3m | CN¥8.2m | CN¥4.0m | CN¥7.0m | CN¥2.1m | CN¥3.8m | CN¥2.7m | CN¥50.7m |
| Debt | CN¥135.0m | CN¥296.6m | — | CN¥135.6m | CN¥134.1m | CN¥140.5m | CN¥178.2m | CN¥184.8m |
| Shareholders' equity | −CN¥543.8m | −CN¥528.2m | −CN¥515.8m | −CN¥8.8m | CN¥19.0m | CN¥28.0m | CN¥154.7m | CN¥159.0m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 24.2% | -37.3% | — |
| Operating income | -49.6% | — | — |
| Net income | -41.6% | — | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | -1.0 | -0.7 | -0.5 | -0.2 | -1.0 | 1.3 |
| Price to sales | 1.3 | 2.0 | 0.7 | 2.7 | 0.3 | 0.2 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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