| Market Cap | — | |
| Enterprise Value | — | |
| Revenue | CNY 2.63B | +0.3% |
| Gross Profit | — | — |
| EBITDA | CNY 933.6M | +18.1% |
| Net Income | CNY 558.9M | +17.5% |
| Diluted EPS | CNY 1.59 | +17.8% |
| Free Cash Flow | CNY 842.5M | +176.1% |
| DPS (FY2025) | $1.55derived |
| Trailing yield | 18.06% |
| Payout ratio | 97.8% |
| Growth streak | 0 yrs |
| 5y DPS growth | — |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | $1.55 | −45.7% | derived (paid ÷ diluted shares) |
| FY20242024-12-31 | $2.86 | +459.9% | derived (paid ÷ diluted shares) |
| FY20232023-12-31 | $0.51 | — | derived (paid ÷ diluted shares) |
| Ratio | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 6y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||
| Operating Margin | 37.85% | 27.71% | 34.79% | 33.09% | 24.18% | 29.53% | 42% | 75% | |
| EBITDA Margin | 40.81% | 31.10% | 39.77% | 37.86% | 30.16% | 35.50% | 42% | 67% | |
| NOPAT Margin | 29.90% | 21.44% | 26.70% | 25.91% | 16.70% | 19.26% | 25% | 55% | |
| Net Margin | −22.41% | 30.37% | 31.21% | 30.43% | 18.14% | 21.25% | 42% | 50% | |
| FCF Margin | 22.40% | −17.32% | 18.22% | 34.97% | 11.64% | 32.04% | 75% | 68% | |
| OCF Margin | 23.95% | 35.17% | 20.23% | 39.73% | 14.78% | 37.14% | 75% | 75% | |
| Capex Intensity | 1.55% | 52.49% | 2.00% | 4.76% | 3.13% | 5.10% | 75% | 86% | |
| ▸Returns on Capital · 3 ratios | |||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||
| ▸Earnings quality · 6 ratios | |||||||||
| ▸Liquidity & coverage · 2 ratios | |||||||||
| ▸Leverage · 2 ratios | |||||||||
| ▸Working capital · 3 ratios | |||||||||
| ▸Capital allocation · 5 ratios | |||||||||
| ▸Per share · 6 ratios | |||||||||
The five drivers multiply to 5.7% vs reported ROE 5.7%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|
| Revenue | CNY 3.32B | CNY 4.33B | CNY 3.13B | CNY 3.32B | CNY 2.62B | CNY 2.63B |
| YoY % | +30.1% | -27.7% | +6.0% | -21.0% | +0.3% | |
| SG&A Expense | CNY 277.9M | CNY 383.3M | CNY 235.3M | CNY 275.7M | CNY 296.8M | CNY 305.6M |
| YoY % | +37.9% | -38.6% | +17.2% | +7.6% | +3.0% | |
| Total Operating Expenses | CNY 2.05B | CNY 3.09B | CNY 2.01B | CNY 2.20B | CNY 1.97B | CNY 1.83B |
| YoY % | +51.1% | -35.0% | +9.2% | -10.5% | -6.8% | |
| Operating Income | CNY 1.26B | CNY 1.20B | CNY 1.09B | CNY 1.10B | CNY 633.9M | CNY 776.7M |
| YoY % | -4.7% | -9.2% | +0.9% | -42.3% | +22.5% | |
| Other Non-Operating Income | CNY 4.2M | -CNY 18.2M | CNY 13.1M | CNY 10.9M | CNY 1.4M | -CNY 30.8M |
| YoY % | -17.0% | -87.5% | ||||
| Equity Method Income | CNY 100.3M | CNY 302.0M | CNY 89.1M | CNY 54.1M | -CNY 112.0M | -CNY 1.4M |
| YoY % | +201.2% | -70.5% | -39.3% | |||
| Gains on Sale of Real Estate | -CNY 572,000 | CNY 6.1M | -CNY 1.2M | -CNY 23.5M | -CNY 5.2M | -CNY 2.2M |
| Impairment of Real Estate | — | CNY 10.0M | — | CNY 13.3M | CNY 1.0M | — |
| YoY % | -92.5% | |||||
| Pretax Income | -CNY 585.3M | CNY 1.30B | CNY 1.15B | CNY 1.21B | CNY 867.6M | CNY 856.4M |
| YoY % | -11.4% | +5.2% | -28.3% | -1.3% | ||
| Income Tax | CNY 258.5M | CNY 293.9M | CNY 267.1M | CNY 262.4M | CNY 268.6M | CNY 297.8M |
| YoY % | +13.7% | -9.1% | -1.8% | +2.4% | +10.9% | |
| Net Income (incl. NCI) | -CNY 743.5M | CNY 1.31B | CNY 971.6M | CNY 1.00B | CNY 487.0M | CNY 557.2M |
| YoY % | -25.6% | +3.0% | -51.3% | +14.4% | ||
| Minority Interest (P&L) | CNY 1.7M | -CNY 8.1M | -CNY 5.0M | -CNY 8.5M | CNY 11.6M | -CNY 1.6M |
| Net Income | -CNY 745.2M | CNY 1.31B | CNY 976.6M | CNY 1.01B | CNY 475.4M | CNY 558.9M |
| YoY % | -25.7% | +3.4% | -52.9% | +17.5% | ||
| Net Income to Common | -CNY 745.2M | CNY 1.31B | CNY 976.6M | CNY 1.01B | CNY 475.4M | CNY 558.9M |
| YoY % | -25.7% | +3.4% | -52.9% | +17.5% | ||
| EPS (Basic) | -CNY 24.02 | CNY 3.91 | CNY 2.86 | CNY 2.91 | CNY 1.36 | CNY 1.60 |
| YoY % | -26.9% | +1.7% | -53.3% | +17.6% | ||
| EPS (Diluted) | -CNY 24.02 | CNY 3.89 | CNY 2.86 | CNY 2.91 | CNY 1.35 | CNY 1.59 |
| YoY % | -26.5% | +1.7% | -53.6% | +17.8% | ||
| Weighted Avg Shares (Basic) | 31.0M | 335.9M | 341.7M | 347.4M | 350.8M | 348.8M |
| YoY % | +982.7% | +1.7% | +1.7% | +1.0% | -0.6% | |
| Weighted Avg Shares (Diluted) | 31.0M | 337.8M | 342.0M | 347.4M | 352.4M | 352.0M |
| YoY % | +989.0% | +1.2% | +1.6% | +1.4% | -0.1% |
The sector classification is SIC-derived, not official GICS. Statement lines are XBRL facts as filed with the company's home regulator (SEC EDGAR for US filers; ESEF/EDINET and other national regulators for foreign filers); ratios and other derived figures are computed from them. A blank cell means the tag was absent — never imputed.
| Ex-date | Amount | Pay date | Freq | Source |
|---|---|---|---|---|
| 2026-07-09 | $0.6900 | 2026-08-06 | annual | licensed |
| 2025-07-03 | $1.16 | 2025-08-01 | annual | licensed |
| 2024-07-03 | $2.13 | — | annual | licensed |
| 2023-06-26 | $0.4000 | — | annual | licensed |
| 2013-03-18 | $0.1200 | — | annual | licensed |
| 2012-03-28 | $0.1200 | — | annual | licensed |
