U 
3.15
+6.42%
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¥41.1m
FY2020FY2025
Net income
−CN¥68.7m
FY2020FY2025
Free cash flow
−CN¥70.4m
FY2020FY2025
Shareholders' equity
CN¥271.0m
FY2020FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Revenue | CN¥41.1m | CN¥44.3m | CN¥19.8m | CN¥7.8m | CN¥8.0m | CN¥1.5m |
| Research and development | CN¥4.6m | CN¥3.0m | CN¥2.2m | CN¥9.4m | CN¥5.4m | CN¥111,000 |
| Operating income | −CN¥58.3m | −CN¥58.0m | −CN¥36.9m | −CN¥56.2m | −CN¥45.0m | −CN¥16.0m |
| Net income | −CN¥68.7m | −CN¥47.9m | −CN¥19.3m | −CN¥45.9m | −CN¥41.4m | −CN¥5.5m |
| Diluted earnings per share | -138.24 | -141.87 | -15.56 | -153,070.00 | -137,996.67 | -18,366.67 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Total assets | CN¥378.8m | CN¥385.7m | CN¥429.0m | CN¥281.9m | CN¥353.7m | CN¥328.7m |
| Cash and short-term investments | CN¥22.0m | CN¥23.4m | CN¥3.8m | CN¥4.9m | CN¥14.8m | CN¥121.4m |
| Total liabilities | CN¥90.0m | CN¥64.7m | CN¥84.4m | CN¥76.8m | CN¥96.0m | CN¥38.6m |
| Debt | CN¥24.8m | CN¥32.4m | CN¥45.2m | CN¥36.1m | CN¥26.8m | CN¥26.8m |
| Shareholders' equity | CN¥271.0m | CN¥291.5m | CN¥306.7m | CN¥205.0m | CN¥211.9m | CN¥239.2m |
| Shares outstanding | 0m | 0m | 1m | 0m | 0m | 0m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Cash from operations | −CN¥69.9m | −CN¥73.2m | −CN¥65.4m | −CN¥12.9m | −CN¥82.2m | −CN¥22.4m |
| Capital spending | −CN¥500,000 | −CN¥10,000 | −CN¥881,000 | −CN¥7.8m | −CN¥11.0m | −CN¥1.3m |
| Free cash flow | −CN¥70.4m | −CN¥73.2m | −CN¥66.3m | −CN¥20.7m | −CN¥93.2m | −CN¥23.7m |
Latest quarters
By quarter end
| Mar 2026 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Jun 2024 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥3.3m | CN¥2.4m | CN¥17.7m | CN¥31.1m | CN¥44.3m | CN¥13.3m | CN¥13.2m | CN¥17.5m |
| Operating income | −CN¥5.7m | −CN¥2.4m | −CN¥17.5m | −CN¥31.6m | −CN¥47.5m | −CN¥26.6m | −CN¥26.4m | −CN¥14.1m |
| Net income | −CN¥6.6m | −CN¥3.0m | −CN¥22.0m | −CN¥24.4m | −CN¥47.9m | −CN¥23.7m | −CN¥23.5m | −CN¥15.5m |
| Diluted earnings per share | -2,623.17 | -6.10 | -5.79 | -49.08 | -16.79 | -70.13 | -7.42 | -45.99 |
| Cash from operations | −CN¥33.0m | −CN¥35.0m | −CN¥35.0m | −CN¥41.0m | −CN¥41.0m | −CN¥31.0m | −CN¥31.0m | −CN¥57.0m |
| Capital spending | — | — | — | — | — | — | — | −CN¥57.0m |
| Free cash flow | — | — | — | — | — | — | — | −CN¥114.0m |
| Total assets | CN¥378.8m | CN¥396.0m | — | CN¥385.7m | CN¥385.7m | CN¥420.9m | CN¥420.9m | CN¥429.0m |
| Cash and short-term investments | CN¥22.0m | CN¥25.8m | — | CN¥23.4m | — | CN¥41.7m | — | CN¥1.9m |
| Debt | CN¥22.4m | CN¥26.7m | — | CN¥24.6m | CN¥3.7m | CN¥33.0m | — | CN¥39.3m |
| Shareholders' equity | CN¥271.0m | CN¥302.9m | — | CN¥291.5m | CN¥291.5m | CN¥311.1m | CN¥311.1m | CN¥306.7m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 79.9% | 113.1% | — |
| Operating income | 1.2% | 29.5% | — |
| Net income | 14.4% | 65.6% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -136.1% | -185.4% | -220.8% | — |
| Net margin | -136.6% | -161.0% | -186.9% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | |
|---|---|---|---|
| Price to earnings | -2.9 | -12.7 | -312.5 |
| Price to sales | 4.8 | 14.2 | 337.5 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Return | -76% | -67% | -97% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 20-to-1 reverse split · 9 Sept 2026
- 10-to-1 reverse split · 1 Apr 2026
- 100-to-1 reverse split · 3 Apr 2024
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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