P 
143.20
+0.92%
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¥36.16bn
FY2017FY2025
Net income
CN¥12.45bn
FY2017FY2025
Free cash flow
CN¥9.67bn
FY2017FY2025
Shareholders' equity
CN¥25.94bn
FY2017FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥36.16bn | CN¥13.04bn | CN¥6.30bn | CN¥5.37bn | CN¥5.23bn | CN¥2.93bn | CN¥1.96bn | CN¥598.9m | CN¥184.0m |
| Gross profit | CN¥26.07bn | CN¥8.71bn | CN¥3.86bn | CN¥3.09bn | CN¥3.21bn | CN¥1.86bn | CN¥1.27bn | CN¥346.9m | CN¥87.6m |
| Operating income | CN¥16.46bn | CN¥4.15bn | CN¥1.23bn | CN¥679.0m | CN¥1.34bn | CN¥836.6m | CN¥697.0m | CN¥155.5m | CN¥5.1m |
| Net income | CN¥12.45bn | CN¥3.13bn | CN¥1.08bn | CN¥553.6m | CN¥994.4m | CN¥609.3m | CN¥525.1m | CN¥115.8m | CN¥1.8m |
| Diluted earnings per share | 9.27 | 2.34 | 0.81 | 0.41 | 0.72 | 0.48 | 0.45 | 0.08 | 0.00 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥37.38bn | CN¥17.31bn | CN¥11.60bn | CN¥9.99bn | CN¥9.69bn | CN¥8.11bn | CN¥1.24bn | CN¥468.8m | CN¥165.6m |
| Cash and short-term investments | CN¥20.07bn | CN¥11.21bn | CN¥6.95bn | CN¥5.88bn | CN¥6.15bn | CN¥6.61bn | CN¥436.0m | CN¥171.2m | CN¥15.8m |
| Total liabilities | CN¥11.00bn | CN¥4.64bn | CN¥2.55bn | CN¥1.88bn | CN¥1.75bn | CN¥978.1m | CN¥551.4m | CN¥214.1m | CN¥73.9m |
| Debt | CN¥3.33bn | CN¥1.32bn | CN¥987.0m | CN¥896.0m | CN¥621.5m | CN¥291.8m | CN¥183.4m | CN¥75.3m | CN¥38.7m |
| Shareholders' equity | CN¥25.94bn | CN¥12.44bn | CN¥9.04bn | CN¥8.10bn | CN¥7.94bn | CN¥7.13bn | CN¥690.0m | CN¥254.7m | CN¥91.7m |
| Shares outstanding | 1,343m | 1,333m | 1,336m | 1,356m | 1,379m | 1,272m | 1,155m | 1,382m | 1,382m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥10.81bn | CN¥5.06bn | CN¥2.33bn | CN¥1.07bn | CN¥899.7m | CN¥774.0m | CN¥584.6m | CN¥211.7m | CN¥17.6m |
| Capital spending | −CN¥1.14bn | −CN¥526.1m | −CN¥457.1m | −CN¥413.2m | −CN¥382.0m | −CN¥246.0m | −CN¥122.0m | −CN¥42.9m | −CN¥13.1m |
| Free cash flow | CN¥9.67bn | CN¥4.54bn | CN¥1.87bn | CN¥656.0m | CN¥517.7m | CN¥527.9m | CN¥462.6m | CN¥168.8m | CN¥4.5m |
| Dividends paid | −CN¥1.06bn | −CN¥384.9m | −CN¥141.6m | −CN¥261.6m | −CN¥239.1m | −CN¥415.5m | −CN¥93.0m | −CN¥93.1m | −CN¥93.1m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥16.94bn | CN¥22.86bn | CN¥13.88bn | CN¥8.48bn | CN¥4.56bn | CN¥3.49bn | CN¥3.28bn | CN¥2.63bn |
| Gross profit | CN¥11.80bn | CN¥16.72bn | CN¥9.76bn | CN¥5.79bn | CN¥2.92bn | CN¥2.17bn | CN¥1.98bn | CN¥1.49bn |
| Operating income | CN¥6.97bn | CN¥10.92bn | CN¥6.04bn | CN¥3.03bn | CN¥1.13bn | CN¥692.9m | CN¥617.7m | CN¥105.2m |
| Net income | CN¥4.97bn | CN¥8.06bn | CN¥4.57bn | CN¥2.20bn | CN¥921.3m | CN¥605.8m | CN¥554.7m | CN¥166.3m |
| Diluted earnings per share | 3.74 | 6.01 | 3.41 | 1.65 | 0.69 | 0.45 | 0.42 | 0.12 |
| Cash from operations | — | CN¥5.15bn | CN¥5.86bn | CN¥3.11bn | CN¥1.94bn | CN¥974.0m | CN¥1.33bn | CN¥570.0m |
| Capital spending | — | −CN¥790.0m | −CN¥366.0m | −CN¥336.0m | −CN¥187.0m | −CN¥191.0m | −CN¥260.0m | −CN¥198.0m |
| Free cash flow | — | CN¥4.36bn | CN¥5.49bn | CN¥2.77bn | CN¥1.75bn | CN¥783.0m | CN¥1.07bn | CN¥372.0m |
| Total assets | CN¥36.11bn | CN¥37.38bn | CN¥24.86bn | CN¥14.87bn | CN¥11.02bn | CN¥9.97bn | CN¥10.55bn | CN¥9.99bn |
| Cash and short-term investments | CN¥16.26bn | CN¥20.07bn | CN¥16.04bn | CN¥9.63bn | CN¥7.02bn | CN¥5.97bn | CN¥6.46bn | CN¥5.88bn |
| Debt | CN¥774.7m | CN¥3.33bn | CN¥1.65bn | CN¥979.1m | CN¥836.4m | CN¥807.6m | CN¥803.3m | CN¥887.4m |
| Shareholders' equity | CN¥26.83bn | CN¥25.94bn | CN¥16.51bn | CN¥10.68bn | CN¥8.40bn | CN¥7.77bn | CN¥8.50bn | CN¥8.10bn |
Financial ratios
Data as of 3 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 72.1% | 66.8% | 61.3% | 57.5% | 61.4% | 63.4% |
| Operating margin | 45.5% | 31.9% | 19.5% | 12.6% | 25.6% | 28.6% |
| Net margin | 34.4% | 24.0% | 17.2% | 10.3% | 19.0% | 20.8% |
| Return on equity | 55.8% | 29.3% | 13.9% | 6.8% | 12.5% | 8.5% |
| Return on assets | 38.8% | 21.0% | 10.9% | 5.5% | 10.3% | 7.5% |
| Free cash flow yield | 5.8% | 2.7% | 1.2% | 0.6% | 0.5% | 0.4% |
| Revenue growth | 177.3% | 106.9% | 36.5% | 2.8% | 78.7% | 49.3% |
| Earnings growth | 298.2% | 188.8% | 127.5% | -44.3% | 63.2% | 16.0% |
| Current ratio | 3.48x | 3.63x | 4.43x | 5.85x | 6.18x | 9.40x |
| Debt to equity | 0.03x | 0.04x | 0.05x | 0.05x | 0.04x | 0.02x |
| Equity ratio | 69.4% | 71.8% | 77.9% | 81.2% | 81.9% | 87.9% |
| Interest coverage | 204.93x | 84.81x | 38.06x | 15.12x | 54.12x | 65.67x |
| Buybacks as a share of market value | -0.7% | 0.2% | 1.5% | 1.7% | -8.4% | -10.1% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 88.8% | 65.3% | — |
| Operating income | 189.4% | 81.5% | — |
| Net income | 182.2% | 82.8% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 70.7% | 68.6% | 67.8% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | 17.7 | 33.3 | 21.6 | 42.0 | 53.9 | 148.1 |
| Price to sales | 6.1 | 8.0 | 3.7 | 4.3 | 10.3 | 30.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 5 years. Last went ex-dividend on 15 May 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Paid in the year | 2.37 | 0.888 | 0.31 | 0.098 | 0.179 | 0.182 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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