B 
3.44
-0.58%
Close of 9 Nov 2026, in USD
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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¥9.95bn
FY2016FY2025
Net income
−CN¥242.1m
FY2016FY2025
Free cash flow
CN¥266.6m
FY2016FY2025
Shareholders' equity
CN¥3.64bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥9.95bn | CN¥9.42bn | CN¥8.81bn | CN¥8.40bn | CN¥9.40bn | CN¥8.85bn | CN¥7.28bn | CN¥5.39bn | CN¥4.15bn | CN¥3.39bn |
| Gross profit | CN¥5.06bn | CN¥4.49bn | CN¥3.90bn | CN¥3.42bn | CN¥3.46bn | CN¥3.27bn | CN¥2.83bn | CN¥2.10bn | CN¥1.41bn | CN¥927.6m |
| Research and development | CN¥450.6m | — | CN¥505.2m | CN¥428.0m | CN¥448.4m | CN¥409.9m | CN¥393.0m | CN¥269.0m | CN¥140.7m | CN¥95.6m |
| Operating income | CN¥75.0m | −CN¥114.8m | −CN¥206.4m | CN¥33.3m | CN¥7.0m | CN¥558.7m | CN¥402.4m | CN¥355.8m | CN¥256.3m | CN¥90.1m |
| Net income | −CN¥242.1m | −CN¥185.2m | −CN¥278.4m | −CN¥653.3m | −CN¥219.8m | CN¥426.0m | CN¥281.3m | CN¥269.7m | CN¥208.9m | CN¥86.6m |
| Diluted earnings per share | -4.18 | -1.06 | -4.63 | -11.13 | -3.25 | 5.69 | 4.72 | 4.55 | 3.54 | 1.55 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥9.70bn | CN¥10.21bn | CN¥10.46bn | CN¥9.98bn | CN¥12.30bn | CN¥10.45bn | CN¥7.02bn | CN¥4.02bn | CN¥3.01bn | CN¥2.37bn |
| Cash and short-term investments | CN¥2.80bn | CN¥2.92bn | CN¥3.07bn | CN¥3.10bn | CN¥4.69bn | CN¥5.17bn | CN¥2.35bn | CN¥570.7m | CN¥613.4m | CN¥1.01bn |
| Total liabilities | CN¥4.20bn | CN¥4.43bn | CN¥4.62bn | CN¥4.38bn | CN¥5.83bn | CN¥4.32bn | CN¥4.45bn | CN¥1.82bn | CN¥1.17bn | CN¥796.2m |
| Debt | CN¥2.27bn | CN¥2.52bn | CN¥2.75bn | CN¥2.38bn | CN¥3.98bn | CN¥2.79bn | CN¥2.92bn | CN¥532.5m | CN¥222.6m | CN¥115.1m |
| Shareholders' equity | CN¥3.64bn | CN¥3.91bn | CN¥4.09bn | CN¥4.03bn | CN¥4.89bn | CN¥6.10bn | CN¥2.54bn | CN¥2.18bn | CN¥1.83bn | CN¥1.57bn |
| Shares outstanding | 58m | 175m | 60m | 59m | 68m | 75m | 60m | 59m | 59m | 56m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥420.4m | CN¥101.3m | CN¥448.3m | CN¥382.6m | −CN¥96.1m | CN¥310.0m | CN¥301.4m | −CN¥98.5m | −CN¥169.1m | CN¥13.4m |
| Capital spending | −CN¥153.8m | −CN¥208.3m | −CN¥165.0m | −CN¥207.0m | −CN¥285.6m | −CN¥111.1m | −CN¥91.3m | −CN¥123.0m | −CN¥267.0m | −CN¥76.1m |
| Free cash flow | CN¥266.6m | −CN¥107.0m | CN¥283.2m | CN¥175.6m | −CN¥381.7m | CN¥199.0m | CN¥210.1m | −CN¥221.5m | −CN¥436.1m | −CN¥62.7m |
| Dividends paid | — | −CN¥1.1m | −CN¥1.1m | — | — | — | — | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥2.74bn | CN¥2.38bn | CN¥3.17bn | CN¥2.16bn | CN¥2.55bn | CN¥2.06bn | CN¥2.99bn | CN¥2.06bn |
| Gross profit | CN¥2.05bn | CN¥1.17bn | CN¥1.70bn | CN¥1.13bn | CN¥1.24bn | CN¥992.7m | CN¥1.45bn | CN¥974.5m |
| Operating income | CN¥44.2m | CN¥250,000 | CN¥193.9m | −CN¥25.6m | −CN¥9.4m | −CN¥84.0m | CN¥80.1m | −CN¥114.5m |
| Net income | CN¥17.0m | −CN¥7.5m | −CN¥38.0m | −CN¥107.1m | −CN¥34.0m | −CN¥63.1m | CN¥129,000 | −CN¥88.1m |
| Diluted earnings per share | 0.29 | -0.13 | -0.66 | -1.85 | -0.59 | -1.09 | 0.00 | -0.50 |
| Cash from operations | — | CN¥420.0m | CN¥420.0m | — | — | — | — | — |
| Capital spending | — | −CN¥153.0m | −CN¥153.0m | — | — | — | — | — |
| Free cash flow | — | CN¥267.0m | CN¥267.0m | — | — | — | — | — |
| Total assets | CN¥9.57bn | CN¥9.81bn | CN¥9.70bn | CN¥9.79bn | CN¥9.62bn | CN¥9.73bn | CN¥10.21bn | CN¥10.01bn |
| Cash and short-term investments | CN¥2.90bn | CN¥2.94bn | CN¥2.80bn | CN¥2.53bn | CN¥2.56bn | CN¥2.52bn | — | CN¥2.65bn |
| Debt | CN¥1.70bn | CN¥1.84bn | CN¥1.78bn | CN¥1.83bn | CN¥1.86bn | CN¥1.87bn | — | CN¥1.88bn |
| Shareholders' equity | CN¥3.64bn | CN¥3.61bn | CN¥3.64bn | CN¥3.70bn | CN¥3.79bn | CN¥3.85bn | CN¥3.91bn | CN¥3.91bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 5.8% | 2.4% | 14.4% |
| Operating income | 31.1% | -33.1% | 24.4% |
| Net income | -28.2% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 49.3% | 46.1% | 43.0% | 40.4% |
| Operating margin | -0.2% | -0.6% | 0.6% | 1.9% |
| Net margin | -2.2% | -3.7% | -2.1% | -0.4% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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