China · Delayed Price · Currency is CNY SHA:600023 Statistics
Total Valuation
SHA:600023 has a market cap or net worth of CNY 68.12 billion. The enterprise value is 113.73 billion.
| Market Cap | 68.12B |
| Enterprise Value | 113.73B |
Important Dates
The next estimated earnings date is Wednesday, October 28, 2026.
| Earnings Date | Oct 28, 2026 |
| Ex-Dividend Date | Jul 30, 2026 |
Share Statistics
SHA:600023 has 13.41 billion shares outstanding. The number of shares has increased by 1.18% in one year.
| Current Share Class | 13.41B |
| Shares Outstanding | 13.41B |
| Shares Change (YoY) | +1.18% |
| Shares Change (QoQ) | +1.93% |
| Owned by Insiders (%) | n/a |
| Owned by Institutions (%) | 9.11% |
| Float | 2.89B |
Valuation Ratios
The trailing PE ratio is 12.44 and the forward PE ratio is 11.95.
| PE Ratio | 12.44 |
| Forward PE | 11.95 |
| PS Ratio | 0.89 |
| PB Ratio | 0.79 |
| P/TBV Ratio | 0.97 |
| P/FCF Ratio | 27.76 |
| P/OCF Ratio | 6.82 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 10.76, with an EV/FCF ratio of 46.36.
| EV / Earnings | 20.61 |
| EV / Sales | 1.48 |
| EV / EBITDA | 10.76 |
| EV / EBIT | 34.13 |
| EV / FCF | 46.36 |
Financial Position
The company has a current ratio of 0.97, with a Debt / Equity ratio of 0.56.
| Current Ratio | 0.97 |
| Quick Ratio | 0.70 |
| Debt / Equity | 0.56 |
| Debt / EBITDA | 4.62 |
| Debt / FCF | 19.89 |
| Interest Coverage | 2.81 |
Financial Efficiency
Return on equity (ROE) is 5.53% and return on invested capital (ROIC) is 1.53%.
| Return on Equity (ROE) | 5.53% |
| Return on Assets (ROA) | 1.32% |
| Return on Invested Capital (ROIC) | 1.53% |
| Return on Capital Employed (ROCE) | 2.80% |
| Weighted Average Cost of Capital (WACC) | 4.04% |
| Revenue Per Employee | 5.95M |
| Profits Per Employee | 428,197 |
| Employee Count | 12,889 |
| Asset Turnover | 0.49 |
| Inventory Turnover | 11.11 |
Taxes
In the past 12 months, SHA:600023 has paid 1.10 billion in taxes.
| Income Tax | 1.10B |
| Effective Tax Rate | 18.52% |
Stock Price Statistics
The stock price has increased by +0.20% in the last 52 weeks. The beta is 0.23, so SHA:600023's price volatility has been lower than the market average.
| Beta (5Y) | 0.23 |
| 52-Week Price Change | +0.20% |
| 50-Day Moving Average | 5.06 |
| 200-Day Moving Average | 5.34 |
| Relative Strength Index (RSI) | 60.97 |
| Average Volume (20 Days) | 43,694,913 |
Short Selling Information
| Short Interest | n/a |
| Short Previous Month | n/a |
| Short % of Shares Out | n/a |
| Short % of Float | n/a |
| Short Ratio (days to cover) | n/a |
Income Statement
In the last 12 months, SHA:600023 had revenue of CNY 76.66 billion and earned 5.52 billion in profits. Earnings per share was 0.41.
| Revenue | 76.66B |
| Gross Profit | 6.99B |
| Operating Income | 3.33B |
| Pretax Income | 5.92B |
| Net Income | 5.52B |
| EBITDA | 10.17B |
| EBIT | 3.33B |
| Earnings Per Share (EPS) | 0.41 |
Balance Sheet
The company has 16.25 billion in cash and 48.79 billion in debt, with a net cash position of -32.54 billion or -2.43 per share.
| Cash & Cash Equivalents | 16.25B |
| Total Debt | 48.79B |
| Net Cash | -32.54B |
| Net Cash Per Share | -2.43 |
| Equity (Book Value) | 86.72B |
| Book Value Per Share | 5.49 |
| Working Capital | -1.20B |
Cash Flow
In the last 12 months, operating cash flow was 9.98 billion and capital expenditures -7.53 billion, giving a free cash flow of 2.45 billion.
| Operating Cash Flow | 9.98B |
| Capital Expenditures | -7.53B |
| Depreciation & Amortization | n/a |
| Net Borrowing | -1.00B |
| Free Cash Flow | 2.45B |
| FCF Per Share | 0.18 |
Margins
Gross margin is 9.12%, with operating and profit margins of 4.35% and 7.20%.
| Gross Margin | 9.12% |
| Operating Margin | 4.35% |
| Pretax Margin | 7.73% |
| Profit Margin | 7.20% |
| EBITDA Margin | 13.27% |
| EBIT Margin | 4.35% |
| FCF Margin | 3.20% |
Dividends & Yields
This stock pays an annual dividend of 0.33, which amounts to a dividend yield of 6.64%.
| Dividend Per Share | 0.33 |
| Dividend Yield | 6.64% |
| Dividend Growth (YoY) | -17.65% |
| Years of Dividend Growth | 5 |
| Payout Ratio | 102.59% |
| Buyback Yield | -1.18% |
| Shareholder Yield | 5.46% |
| Earnings Yield | 8.10% |
| FCF Yield | 3.60% |
Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | |
| Lynch Upside | |
| Graham Number | |
| Graham Upside |
Analyst Forecast
The average price target for SHA:600023 is 5.44, which is 6.25% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | 5.44 |
| Price Target Difference | 6.25% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 3 |
| Revenue Growth Forecast (3Y) | -0.80% |
| EPS Growth Forecast (3Y) | n/a |
Stock Splits
The last stock split was on June 19, 2014. It was a forward split with a ratio of 1.3.
| Last Split Date | Jun 19, 2014 |
| Split Type | Forward |
| Split Ratio | 1.3 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 4 |