$3.37
+0.10 (+3.22%)
USD · as of 2026-08-21 · marketstack
| Market Cap | — | |
| Enterprise Value | — | |
| Revenue | CNY 125.1M | −37.7% |
| Gross Profit | CNY 107.5M | +21.4% |
| EBITDA | — | — |
| Net Income | -CNY 439.0M | — |
| Diluted EPS | CNY 0.05 | — |
| Free Cash Flow | CNY 532,000 | — |
Bars are the value as filed for every stored fiscal year (oldest → newest, the latest bar solid); a year the store has no value for is left EMPTY. Free cash flow is operating cash flow less capital expenditures for the same year — the only figure here computed from two lines, and a year missing either one is a gap. The 3y/5y/10y CAGRs are the analytics core’s own (positive-base only); no rate is recomputed on this strip, and no rate is shown for a series the core doesn’t publish one for. Diluted EPS is drawn on ONE share basis: as-filed per-share figures from before a split are stated on the old basis, so where the implied share count breaks (net income ÷ EPS, ±1.45× band — the same acceptance band the API’s own classifier uses) the earlier bars are left undrawn and any CAGR horizon reaching past the break is suppressed rather than shown as a rate across two different bases.
Every bar is a figure as filed. Anything a filed line doesn’t explain is drawn as a residual, never absorbed into a neighbouring step.
Reconciliation.
| Step | Applied | Running level | % of revenue | 2024 |
|---|---|---|---|---|
| Revenue · reported | CNY 125.1M | CNY 125.1M | 100.0% | CNY 201.0M |
| Cost of revenue | -CNY 17.6M | CNY 107.5M | −14.1% | CNY 112.4M |
| Gross profit · reported | CNY 107.5M | CNY 107.5M | 85.9% | CNY 88.5M |
| R&D | -CNY 14.6M | CNY 92.9M | −11.7% | CNY 42.1M |
| Selling & marketing | -CNY 150.5M | -CNY 57.6M | −120.3% | CNY 198.9M |
| SG&A | -CNY 133.1M | -CNY 190.7M | −106.4% | CNY 374.6M |
| Other (residual) · residual | -CNY 75.1M | -CNY 265.8M | −60.0% | — |
| Operating income · reported | -CNY 265.8M | -CNY 265.8M | −212.4% | -CNY 807.0M |
| Other (residual) · residual | -CNY 184.2M | -CNY 450.0M | −147.2% | — |
| Pretax income · reported | -CNY 450.0M | -CNY 450.0M | −359.6% | -CNY 932.4M |
| Income tax | CNY 0 | -CNY 450.0M | 0.0% | CNY 19.1M |
| Other (residual) · residual | CNY 11.0M | -CNY 439.0M | 8.8% | — |
| Net income · reported | -CNY 439.0M | -CNY 439.0M | −350.8% | -CNY 913.5M |
Cumulative operating cash flow over FY2020–FY2025 is -CNY 1.61B — not positive, so there is no operating-cash pool to allocate and no bridge is drawn. Lenders and other balance-sheet businesses routinely report negative operating cash flow (loan originations run through it); read the cash-flow statement directly below.
None of the three composites is computable for this filer — each needs two consecutive fiscal years of specific lines (COGS, PP&E, receivables), which many financials and asset-light names legitimately never tag. The trend below is what the store does serve.
| Quality trend | 2025 | Δ vs 2020 | Trend · 6y | vs own | vs sector |
|---|---|---|---|---|---|
| Gross Margin | 85.9% | +92.2pp | p92 | p99 | |
| Operating Margin | −212.4% | +1022.8pp | p92 | p2 | |
| Net Margin | −350.8% | +913.2pp | p92 | p2 | |
| Return on Invested Capital | — | — | — | — | — |
| Return on Equity | — | — | — | — |
Three scores, kept separate. They are not averaged into one “quality” number. They point in different directions (F is a 0–9 count, higher-better; Z is a distress distance, higher-safer; M is a manipulation screen, lower-cleaner) and were fitted on different samples for different questions — a blended figure would be ours, not theirs, and would hide exactly the disagreement that is worth reading.
Sector context. The percentile columns on the trend rows are the ones this payload serves: “vs own” ranks the latest value inside this company’s own served history, “vs sector” inside its sector pool. A blank sector cell means the pool was too thin to rank honestly (or the metric is a currency level, where a cross-currency rank would be meaningless). The three SCORES carry no sector percentile: the payload’s percentile block covers the served ratios only, so “is this Z good for Retail Trade?” is a question we cannot answer from what is served, and we don’t pretend to.
Latest vintage only. A 12-year F-Score / Z-Score strip is not drawn. The point-in-time factor store carries valuation, returns, margin, momentum and growth factors — not these composites — and recomputing them here from the annual columns would produce a series that disagrees with the headline above (different vintage of facts, different restatement handling). A score that disagrees with itself is a wrong number, so the history is omitted rather than approximated.
The nine named F-Score checks, the Merton distance-to-default / default probability, ROIIC and the growth-durability CAGRs live on FS · Financial Strength; the full ratio grid — every served ratio, with its own trend and both percentiles — is the Ratios section below.
| Line | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|
| Revenue | CNY 6.2M | CNY 33.5M | CNY 92.8M | CNY 320.1M | CNY 201.0M | CNY 125.1M |
| YoY % | +442.8% | +177.4% | +244.9% | -37.2% | -37.7% | |
| Cost of Revenue | CNY 6.5M | CNY 29.6M | CNY 86.6M | CNY 170.2M | CNY 112.4M | CNY 17.6M |
| YoY % | +351.9% | +192.9% | +96.4% | -33.9% | -84.3% | |
| Gross Profit | — | CNY 3.9M | CNY 6.2M | CNY 63.2M | CNY 88.5M | CNY 107.5M |
| YoY % | +59.5% | +924.6% | +40.1% | +21.4% | ||
| R&D Expense | CNY 17.6M | CNY 30.3M | CNY 36.6M | CNY 61.6M | CNY 42.1M | CNY 14.6M |
| YoY % | +71.5% | +20.8% | +68.5% | -31.7% | -65.3% | |
| Selling & Marketing Expense | CNY 46.5M | CNY 193.3M | CNY 241.4M | CNY 438.6M | CNY 198.9M | CNY 150.5M |
| YoY % | +316.2% | +24.9% | +81.7% | -54.7% | -24.3% | |
| SG&A Expense | CNY 12.0M | CNY 34.5M | CNY 2.17B | CNY 568.4M | CNY 374.6M | CNY 133.1M |
| YoY % | +188.2% | +6209.0% | -73.9% | -34.1% | -64.5% | |
| Total Operating Expenses | CNY 82.6M | CNY 258.1M | CNY 2.47B | CNY 1.14B | CNY 916.5M | CNY 379.8M |
| YoY % | +212.4% | +858.7% | -53.8% | -19.8% | -58.6% | |
| Operating Income | -CNY 76.1M | -CNY 254.0M | -CNY 2.46B | -CNY 1.06B | -CNY 807.0M | -CNY 265.8M |
| Interest Expense | CNY 300,000 | CNY 1.1M | CNY 1.1M | CNY 783,000 | — | — |
| YoY % | +265.7% | -0.7% | -28.1% | |||
| Pretax Income | -CNY 76.4M | -CNY 255.1M | -CNY 5.63B | -CNY 1.30B | -CNY 932.4M | -CNY 450.0M |
| Income Tax | CNY 1.5M | CNY 5.3M | CNY 9.9M | CNY 3.3M | -CNY 19.1M | CNY 0 |
| YoY % | +260.8% | +85.4% | -66.5% | |||
| Income from Continuing Operations | — | — | -CNY 5.64B | -CNY 1.29B | -CNY 908.0M | -CNY 425.1M |
| Income from Discontinued Operations | — | — | — | -CNY 13.1M | -CNY 6.4M | -CNY 24.9M |
| Net Income (incl. NCI) | -CNY 77.9M | -CNY 260.5M | -CNY 5.64B | -CNY 1.31B | -CNY 914.4M | -CNY 450.0M |
| Net Income | -CNY 77.9M | -CNY 260.5M | -CNY 5.64B | -CNY 1.31B | -CNY 913.5M | -CNY 439.0M |
| Net Income to Common | -CNY 77.9M | -CNY 260.5M | -CNY 5.64B | -CNY 1.31B | -CNY 913.5M | — |
| EPS (Basic) | -CNY 52991.00 | -CNY 0.16 | -CNY 2.92 | -CNY 0.58 | -CNY 0.35 | CNY 0.05 |
| EPS (Diluted) | -CNY 52991.00 | -CNY 0.16 | -CNY 2.92 | -CNY 0.58 | -CNY 0.35 | CNY 0.05 |
| Weighted Avg Shares (Basic) | 1,470 | 141,973 | 1.93B | 2.26B | 2.63B | — |
| YoY % | +9558.0% | +1357726.3% | +17.2% | +16.4% | ||
| Weighted Avg Shares (Diluted) | — | 0 | — | — | — | — |
Sector is SIC-based, not GICS. A blank cell means the figure wasn't filed.