R 
0.88
+5.66%
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¥109.8m
FY2017FY2026
Net income
−CN¥29.6m
FY2017FY2026
Free cash flow
−CN¥111.7m
FY2017FY2026
Shareholders' equity
CN¥566.5m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥109.8m | CN¥66.3m | CN¥68.9m | CN¥67.1m | CN¥83.8m | CN¥47.9m | CN¥65.1m | CN¥102.4m | CN¥84.4m | CN¥60.1m |
| Research and development | CN¥12.9m | CN¥16.4m | CN¥14.3m | CN¥8.8m | CN¥9.0m | CN¥5.8m | CN¥7.0m | CN¥3.1m | CN¥3.2m | CN¥7.6m |
| Operating income | −CN¥41.2m | −CN¥57.3m | −CN¥71.6m | −CN¥69.3m | −CN¥82.3m | −CN¥61.6m | −CN¥19.0m | −CN¥23.1m | −CN¥40.9m | −CN¥30.6m |
| Net income | −CN¥29.6m | −CN¥42.6m | −CN¥49.9m | −CN¥59.2m | CN¥95.6m | −CN¥22.8m | −CN¥20.1m | −CN¥25.8m | −CN¥44.1m | −CN¥31.4m |
| Diluted earnings per share | -279.65 | -89.89 | -111.10 | -6.25 | 1,017.96 | -285.77 | -2.39 | -2,079.23 | -15.14 | -373.01 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥639.7m | CN¥525.6m | CN¥552.4m | CN¥531.8m | CN¥490.2m | CN¥566.5m | CN¥194.4m | CN¥157.0m | CN¥121.8m | CN¥71.2m |
| Cash and short-term investments | CN¥38.8m | CN¥102.5m | CN¥198.1m | CN¥288.3m | CN¥317.0m | CN¥344.0m | CN¥30.3m | CN¥4.5m | CN¥45.3m | CN¥3.8m |
| Total liabilities | CN¥87.0m | CN¥71.7m | CN¥61.5m | CN¥92.7m | CN¥77.4m | CN¥279.0m | CN¥73.8m | CN¥50.3m | CN¥34.9m | CN¥29.4m |
| Debt | CN¥37.6m | CN¥34.4m | CN¥40.1m | CN¥35.6m | CN¥31.6m | CN¥42.6m | CN¥30.7m | CN¥21.6m | CN¥18.7m | CN¥10.2m |
| Shareholders' equity | CN¥566.5m | CN¥467.4m | CN¥502.6m | CN¥449.2m | CN¥420.6m | CN¥295.1m | CN¥110.0m | CN¥95.6m | CN¥76.0m | CN¥33.2m |
| Shares outstanding | 0m | 0m | 0m | 9m | 0m | 0m | 8m | 0m | 3m | 0m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −CN¥58.8m | −CN¥33.8m | −CN¥43.7m | −CN¥51.7m | −CN¥26.2m | −CN¥34.1m | −CN¥5.2m | −CN¥32.2m | −CN¥19.6m | −CN¥7.4m |
| Capital spending | −CN¥52.9m | −CN¥9.9m | −CN¥501,316 | −CN¥940,673 | −CN¥692,206 | −CN¥522,416 | −CN¥3.9m | −CN¥6.3m | −CN¥10.7m | −CN¥638,119 |
| Free cash flow | −CN¥111.7m | −CN¥43.7m | −CN¥44.2m | −CN¥52.6m | −CN¥26.9m | −CN¥34.6m | −CN¥9.1m | −CN¥38.6m | −CN¥30.2m | −CN¥8.0m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Jun 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥24.7m | CN¥42.5m | CN¥42.5m | CN¥24.2m | CN¥12.1m | CN¥21.0m | CN¥21.0m | CN¥23.6m |
| Operating income | −CN¥28.6m | −CN¥6.2m | −CN¥6.2m | −CN¥30.4m | −CN¥15.2m | −CN¥13.4m | −CN¥13.4m | −CN¥48.8m |
| Net income | −CN¥23.7m | −CN¥2.9m | −CN¥2.9m | −CN¥22.0m | −CN¥11.0m | −CN¥10.3m | −CN¥10.3m | −CN¥27.3m |
| Diluted earnings per share | -223.26 | -6.15 | -6.15 | -2.39 | -23.22 | -22.93 | -22.93 | -3.71 |
| Cash from operations | −CN¥45.0m | −CN¥6.0m | −CN¥6.0m | — | −CN¥10.0m | −CN¥12.0m | −CN¥6.0m | — |
| Capital spending | −CN¥52.0m | −CN¥7.0m | −CN¥7.0m | — | −CN¥2.0m | −CN¥5.0m | −CN¥2.0m | — |
| Free cash flow | −CN¥97.0m | −CN¥13.0m | −CN¥13.0m | — | −CN¥12.0m | −CN¥17.0m | −CN¥8.0m | — |
| Total assets | CN¥639.7m | CN¥543.0m | CN¥543.0m | CN¥525.6m | CN¥525.6m | CN¥541.7m | CN¥541.7m | CN¥552.4m |
| Cash and short-term investments | CN¥38.8m | CN¥75.1m | CN¥75.1m | CN¥102.5m | CN¥102.5m | CN¥145.3m | CN¥145.3m | — |
| Debt | CN¥34.3m | CN¥37.4m | CN¥27.4m | CN¥31.6m | CN¥23.4m | CN¥35.5m | CN¥25.5m | CN¥10.0m |
| Shareholders' equity | CN¥566.5m | CN¥464.4m | CN¥464.4m | CN¥467.4m | CN¥467.4m | CN¥488.5m | CN¥488.5m | CN¥502.6m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 17.8% | 18.0% | 9.9% |
| Operating income | -15.9% | -7.7% | 0.3% |
| Net income | -20.6% | 5.4% | -3.2% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -55.9% | -76.7% | -86.4% | -67.2% |
| Net margin | -41.0% | -58.1% | -24.5% | -33.9% |
Valuation history
At each fiscal year end
| FY2026 | |
|---|---|
| Price to earnings | -0.0 |
| Price to sales | 0.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 200-to-1 reverse split · 18 Aug 2026
- 18-to-1 reverse split · 1 May 2024
- 5-to-1 reverse split · 27 Dec 2019
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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