Valuation
Is the price right?Insufficient data: 1 of 3 inputs reported (at least 2 needed). We leave it blank rather than fill the gap with a made-up middle value.
Bringing the fundamentals into focus…
Price as of close on Nov 3, 2026 · Financials updated Oct 1, 2026
Insufficient data: 1 of 3 inputs reported (at least 2 needed). We leave it blank rather than fill the gap with a made-up middle value.
3/3 inputs reported · High confidence
Stronger than most peers on:
Revenue and earnings-per-share growth over one year, and revenue growth over three years.
Insufficient data: 1 of 3 inputs reported (at least 2 needed). We leave it blank rather than fill the gap with a made-up middle value.
Insufficient data: 1 of 3 inputs reported (at least 2 needed). We leave it blank rather than fill the gap with a made-up middle value.
Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.
Got stronger
| Previous year | Latest year | Change | |
|---|---|---|---|
| Revenue (12 months) | 19.1B CNY | 24.7B CNY | +28.9% |
| Net income (12 months) | 323.1M CNY | 537.4M CNY | +66.3% |
| Operating margin | 3.1% | 4.4% | +1.3 pts |
| Free cash flow (12 months) | 419.2M CNY | 2.2B CNY | +433.2% |
| Debt | 6.7B CNY | 2.0B CNY | −69.7% |
| Cash | 5.9B CNY | 7.5B CNY | +27.3% |
From the company’s own SEC filings, as filed. Twelve-month figures roll forward one year at a time.
| Key ratios | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | Change |
|---|---|---|---|---|---|---|
| Gross margin | 13.0% | 13.6% | 14.1% | 14.7% | 16.5% | ▲ 1.8 pts |
| Operating margin | 3.1% | 3.2% | 3.4% | 3.1% | 4.4% | ▲ 1.3 pts |
| Net margin | 1.3% | 1.4% | 1.6% | 1.7% | 2.2% | ▲ 0.5 pts |
| Return on assets (ROA) | 1.1% | 0.9% | 1.1% | 1.2% | 1.7% | ▲ 0.5 pts |
| Return on equity (ROE) | 3.1% | 2.4% | 3.1% | 3.5% | 5.6% | ▲ 2.1 pts |
| Free cash flow margin | -0.3% | -3.4% | 5.5% | 2.2% | 9.1% | ▲ 6.9 pts |
| Current ratio | 1.43× | 1.52× | 1.59× | 1.55× | 1.39× | ▼ 10% |
| Quick ratio | 1.01× | 1.08× | 1.20× | 1.20× | 1.08× | ▼ 9.6% |
| Debt to equity | 0.74× | 0.66× | 0.65× | 0.73× | 0.21× | ▼ 71% |
| Interest coverage | 5.94× | 5.71× | 6.38× | 8.06× | 19.57× | ▲ 143% |
Price history is added with the daily price update and will appear after the next one.