C 
23.46
-2.25%
Close of 9 Nov 2026, in HKD
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¥292.52bn
FY2022FY2025
Net income
CN¥18.53bn
FY2022FY2025
Free cash flow
CN¥12.88bn
FY2022FY2025
Shareholders' equity
CN¥50.78bn
FY2022FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Revenue | CN¥292.52bn | CN¥292.63bn | CN¥163.21bn | CN¥92.62bn |
| Gross profit | CN¥40.37bn | CN¥36.31bn | CN¥26.09bn | CN¥12.80bn |
| Research and development | CN¥11.15bn | CN¥9.24bn | CN¥6.66bn | CN¥3.65bn |
| Operating income | CN¥13.25bn | CN¥15.78bn | CN¥13.69bn | CN¥7.03bn |
| Net income | CN¥18.53bn | CN¥14.13bn | CN¥11.95bn | CN¥6.27bn |
| Diluted earnings per share | 3.72 | 2.45 | 2.06 | 1.08 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Total assets | CN¥259.46bn | CN¥227.74bn | CN¥179.43bn | CN¥121.96bn |
| Cash and short-term investments | CN¥106.39bn | CN¥97.14bn | CN¥53.63bn | CN¥32.32bn |
| Total liabilities | CN¥201.29bn | CN¥188.07bn | CN¥163.98bn | CN¥112.74bn |
| Debt | CN¥39.43bn | CN¥25.48bn | CN¥29.72bn | CN¥30.17bn |
| Shareholders' equity | CN¥50.78bn | CN¥26.49bn | CN¥15.45bn | CN¥9.22bn |
| Shares outstanding | 4,979m | 5,767m | 5,809m | 5,809m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Cash from operations | CN¥23.87bn | CN¥44.89bn | CN¥24.93bn | CN¥9.84bn |
| Capital spending | −CN¥10.99bn | −CN¥7.98bn | −CN¥6.47bn | −CN¥5.58bn |
| Free cash flow | CN¥12.88bn | CN¥36.90bn | CN¥18.46bn | CN¥4.26bn |
| Dividends paid | −CN¥3.89bn | — | −CN¥1.09bn | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Jun 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥77.08bn | CN¥65.27bn | CN¥84.19bn | CN¥73.21bn | CN¥79.18bn | CN¥68.22bn | CN¥269.90bn | CN¥57.21bn |
| Gross profit | CN¥12.43bn | CN¥10.47bn | CN¥11.80bn | CN¥11.04bn | CN¥10.75bn | CN¥8.46bn | CN¥36.31bn | CN¥8.64bn |
| Operating income | CN¥3.86bn | CN¥2.61bn | CN¥4.08bn | CN¥4.35bn | CN¥2.08bn | CN¥3.88bn | CN¥17.48bn | — |
| Net income | CN¥4.38bn | CN¥4.13bn | CN¥4.59bn | CN¥4.66bn | CN¥5.45bn | CN¥4.65bn | CN¥14.13bn | CN¥5.11bn |
| Diluted earnings per share | 0.75 | 0.71 | 0.92 | 0.94 | 1.10 | 0.93 | 2.45 | 0.89 |
| Cash from operations | — | — | CN¥20.13bn | — | CN¥10.32bn | −CN¥1.77bn | CN¥44.89bn | CN¥4.48bn |
| Capital spending | — | — | −CN¥14.87bn | — | −CN¥4.46bn | −CN¥1.97bn | −CN¥7.68bn | −CN¥258.0m |
| Free cash flow | — | — | CN¥5.26bn | — | CN¥5.86bn | −CN¥3.74bn | CN¥37.21bn | CN¥4.23bn |
| Total assets | CN¥298.29bn | CN¥278.11bn | CN¥259.46bn | CN¥243.52bn | CN¥244.72bn | CN¥225.82bn | — | — |
| Cash and short-term investments | CN¥118.99bn | CN¥119.25bn | CN¥106.39bn | CN¥103.29bn | CN¥92.34bn | CN¥84.78bn | — | — |
| Debt | CN¥58.33bn | CN¥10.44bn | CN¥39.43bn | CN¥21.53bn | CN¥22.35bn | CN¥23.92bn | — | — |
| Shareholders' equity | CN¥54.11bn | CN¥54.94bn | CN¥50.78bn | CN¥44.60bn | CN¥31.73bn | CN¥26.59bn | — | — |
Financial ratios
Data as of 7 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Gross margin | 13.8% | 12.4% | 16.0% | 13.8% |
| Operating margin | 4.5% | 5.4% | 8.4% | 7.6% |
| Net margin | 6.3% | 4.8% | 7.3% | 6.8% |
| Return on equity | 36.5% | 53.4% | 77.4% | 68.0% |
| Return on assets | 7.1% | 6.2% | 6.7% | 5.1% |
| Free cash flow yield | 27.8% | 36.4% | — | — |
| Revenue growth | -0.0% | 79.3% | 76.2% | — |
| Earnings growth | 31.1% | 18.3% | 90.8% | — |
| Current ratio | 1.05x | 1.04x | 0.88x | 0.95x |
| Debt to equity | 0.71x | 0.89x | 1.90x | 3.25x |
| Equity ratio | 19.6% | 11.6% | 8.6% | 7.6% |
| Interest coverage | 6.49x | 6.83x | 6.91x | 2.90x |
| R&D as a share of sales | 3.8% | 3.2% | 4.1% | 3.9% |
| Buybacks as a share of market value | 13.7% | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 47.0% | — | — |
| Operating income | 23.6% | — | — |
| Net income | 43.5% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 13.1% | 13.7% | — | — |
Valuation history
At each fiscal year end
| FY2025 | |
|---|---|
| Price to earnings | 7.2 |
| Price to sales | 0.5 |
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.