No quality points
Cash flow: no grade because data is missing. Nothing is estimated.
No range
No reliable range can be derived for this company. The reason is given under Valuation.
What this means. The quality points show how many of the published rules for balance sheet, profitability, cash flow and growth the latest reports meet. Separately, the range shows how the latest closing share price compares with the company’s own valuation history.
What it does not mean. Neither the points nor the range is a price target, a forecast or a recommendation to buy or sell. A company with many points can be richly valued, and a price below its range often has a reason.
When a new report changes a grade, Pro tells you why. You do not have to check every report yourself.
Watchlist and alertsOther companies in Financials, analysed under the same rules. With Plus you filter by grades and figures and put them side by side.
Companies in FinancialsEvery figure with its five thresholds and the rounding to the grade. With a free account for every company, over 5 years.
To the calculationAll values come from the annual reports filed with the US Securities and Exchange Commission (SEC). Each figure is checked against five fixed thresholds; each threshold reached counts one point. The grade is the rounded mean of its figures.
How well the company can cover its financial obligations.
Equity ratio −1,268.6%
What is behind each grade
Every figure with its five thresholds, the distance to the next one and the rounding to the grade. With a free account: email only, no payment details.
Keep reading for freeHow effectively it turns revenue into operating profit.
Operating margin −197.2% · Return on equity not reported
How much cash remains after operating costs and investment.
Insufficient data: no grade. It is not estimated.
How quickly revenue and operating profit have increased.
Revenue growth per year −19.9% · Operating income per year not reported
Too few companies with quality points in this industry at present to place this one.
No range is reported for this company. The company reports as a foreign issuer (Form 20-F) in CNY, while it trades in the US in dollars, often as a depositary receipt (ADR) for several ordinary shares. We show a range only once the ratio between the traded security and the ordinary share and the currency conversion are documented. The grades are not affected: they only use ratios within the annual report.
Every figure comes from the annual report of that year and has not been revised afterwards. Amounts in CNY. Negative net debt means more cash than financial debt.
Amounts in CNY, as in the annual report (Form 20-F). Earnings per share and share count refer to the company’s ordinary shares, not to the securities traded in the US, which may represent several ordinary shares.
More than a snapshot
Revenue, earnings and cash flow by fiscal year show how steadily the company performs. With a free account over 5 years.
Keep reading for freeFilings with the US Securities and Exchange Commission, newest first, in plain words. Insider purchases and sales only when they took place on the market; grants and tax withholding are not listed. Every entry links to the filing.
See when something changed
When each grade changed and why, since the first analysis. With Pro, plus an alert for each new report that changes a grade on your watchlist.
Discover ProHow the company developed over time
Every earlier analysis with its date: quality points, the four grades, position against the range and how many companies had fewer points that day. With Plus.
Discover Plus| Company figures | Annual reports filed with the US Securities and Exchange Commission (SEC), machine-readable version (XBRL). Not estimated, not smoothed. |
|---|---|
| Prices | Daily closing prices from EOD Historical Data (EODHD) in USD, not converted. Price date 23 Oct 2026, closing price of that trading day. |
| Latest filing | 20-F, 14 Jan 2026 |
| Rule set | Version 3.0.0 |
| Time horizon | The grades describe a state that can change with every annual report, so roughly quarterly. The forward test is first evaluated after 36 months. |
| Editor | Florian Maier |
| Produced on | 25.10.2026 11:38 |
| Conflicts of interest | see the transparency note |
Not investment advice and not an investment recommendation. Limits of the method and assumptions: risk notice.