| Market Cap | — | |
| Enterprise Value | — | |
| Revenue | — | — |
| Gross Profit | — | — |
| EBITDA | — | — |
| Net Income | — | — |
| Diluted EPS | — | — |
| Free Cash Flow | — | — |
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 | 2022 |
|---|---|---|---|---|
| Revenue · reported | CNY 2.50B | CNY 2.50B | 100.0% | CNY 4.14B |
| Cost of revenue | -CNY 1.84B | CNY 657.8M | −73.6% | CNY 3.34B |
| Gross profit · reported | CNY 657.8M | CNY 657.8M | 26.4% | CNY 803.1M |
| R&D | -CNY 361.8M | CNY 296.0M | −14.5% | CNY 517.1M |
| Selling & marketing | -CNY 314.6M | -CNY 18.6M | −12.6% | CNY 460.3M |
| SG&A | -CNY 188.5M | -CNY 207.1M | −7.6% | CNY 235.9M |
| Operating income · reported | -CNY 207.1M | -CNY 207.1M | −8.3% | -CNY 410.2M |
| Interest expense | -CNY 47.7M | -CNY 254.8M | −1.9% | CNY 57.0M |
| Other (residual) · residual | CNY 18.0M | -CNY 236.8M | 0.7% | — |
| Pretax income · reported | -CNY 236.8M | -CNY 236.8M | −9.5% | -CNY 372.5M |
| Income tax | -CNY 15.8M | -CNY 252.6M | −0.6% | CNY 65.9M |
| Minority interest | -CNY 465,000 | -CNY 253.1M | −0.0% | CNY 693,000 |
| Other (residual) · residual | CNY 41.0M | -CNY 212.1M | 1.6% | — |
| Net income · reported | -CNY 212.1M | -CNY 212.1M | −8.5% | -CNY 288.3M |
Cumulative operating cash flow over FY2020–FY2023 is -CNY 564.1M — 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.
| DPS (FY2022) | $0.16derived |
| Trailing yield | 3.15% |
| Payout ratio | — |
| Growth streak | 0 yrs |
| 5y DPS growth | — |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20222022-12-31 | $0.16 | — | derived (paid ÷ diluted shares) |
| Ex-date | Amount | Pay date | Freq | Source |
|---|---|---|---|---|
| 2022-03-25 | $0.1000 | 2022-04-15 | — | licensed |
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 |
|---|---|---|---|
| Gross Margin | — | — | |
| Operating Margin | — | — | |
| Net Margin | — | — | |
| 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). For this name the sector column is left out rather than filled with dashes. The three SCORES carry no sector percentile: the payload’s percentile block covers the served ratios only, so “is this Z good for Information Technology?” 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.
Drivers multiply to 4.8% vs reported ROE 4.9%.
| Line | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|
| Revenue | CNY 6.43B | CNY 6.25B | CNY 4.14B | CNY 2.50B | — | — |
| YoY % | -2.8% | -33.7% | -39.8% | |||
| Cost of Revenue | CNY 5.10B | CNY 4.94B | CNY 3.34B | CNY 1.84B | — | — |
| YoY % | -3.1% | -32.5% | -45.0% | |||
| Gross Profit | CNY 1.33B | CNY 1.31B | CNY 803.1M | CNY 657.8M | — | — |
| YoY % | -2.0% | -38.5% | -18.1% | |||
| R&D Expense | CNY 538.0M | CNY 515.1M | CNY 517.1M | CNY 361.8M | — | — |
| YoY % | -4.3% | +0.4% | -30.0% | |||
| Selling & Marketing Expense | CNY 358.7M | CNY 438.3M | CNY 460.3M | CNY 314.6M | — | — |
| YoY % | +22.2% | +5.0% | -31.7% | |||
| SG&A Expense | CNY 261.8M | CNY 258.3M | CNY 235.9M | CNY 188.5M | — | — |
| YoY % | -1.3% | -8.7% | -20.1% | |||
| Total Operating Expenses | CNY 1.16B | CNY 1.21B | CNY 1.21B | CNY 864.9M | — | — |
| YoY % | +4.6% | +0.1% | -28.7% | |||
| Operating Income | CNY 174.2M | CNY 93.9M | -CNY 410.2M | -CNY 207.1M | — | — |
| YoY % | -46.1% | |||||
| Interest Expense | CNY 22.6M | CNY 44.9M | CNY 57.0M | CNY 47.7M | — | — |
| YoY % | +98.4% | +27.0% | -16.3% | |||
| Equity Method Income | -CNY 4.7M | CNY 41.0M | CNY 17.7M | CNY 8.4M | — | — |
| YoY % | -57.0% | -52.5% | ||||
| Impairment of Real Estate | CNY 0 | CNY 0 | CNY 0 | CNY 0 | — | — |
| Pretax Income | CNY 265.6M | CNY 106.7M | -CNY 372.5M | -CNY 236.8M | — | — |
| YoY % | -59.8% | |||||
| Income Tax | CNY 31.2M | CNY 10.7M | -CNY 65.9M | -CNY 15.8M | — | — |
| YoY % | -65.5% | |||||
| Net Income (incl. NCI) | CNY 229.7M | CNY 137.0M | -CNY 289.0M | -CNY 212.6M | — | — |
| YoY % | -40.4% | |||||
| Minority Interest (P&L) | CNY 953,000 | -CNY 851,000 | -CNY 693,000 | -CNY 465,000 | — | — |
| Net Income | CNY 228.8M | CNY 137.8M | -CNY 288.3M | -CNY 212.1M | — | — |
| YoY % | -39.8% | |||||
| Net Income to Common | CNY 228.8M | CNY 137.8M | -CNY 288.3M | -CNY 212.1M | — | — |
| YoY % | -39.8% | |||||
| EPS (Basic) | CNY 0.92 | CNY 0.55 | -CNY 0.18 | -CNY 0.13 | -CNY 0.29 | — |
| YoY % | -40.2% | |||||
| EPS (Diluted) | CNY 0.88 | CNY 0.52 | -CNY 0.18 | -CNY 0.13 | -CNY 0.29 | — |
| YoY % | -40.9% | |||||
| Weighted Avg Shares (Basic) | 248.5M | 252.2M | 246.3M | 243.1M | 258.9M | 254.4M |
| YoY % | +1.5% | -2.3% | -1.3% | +6.5% | -1.7% | |
| Weighted Avg Shares (Diluted) | 260.4M | 264.4M | 246.3M | 243.1M | 258.9M | 254.4M |
| YoY % | +1.5% | -6.8% | -1.3% | +6.5% | -1.7% |
Sector is SIC-based, not GICS. A blank cell means the figure wasn't filed.