China · Delayed Price · Currency is CNY SHA:600023 Statistics
Total Valuation
SHA:600023 has a market cap or net worth of CNY 69.59 billion. The enterprise value is 111.80 billion.
| Market Cap | 69.59B |
| Enterprise Value | 111.80B |
Important Dates
The next estimated earnings date is Wednesday, November 4, 2026.
| Earnings Date | Nov 4, 2026 |
| Ex-Dividend Date | Oct 23, 2026 |
Share Statistics
SHA:600023 has 13.41 billion shares outstanding. The number of shares has decreased by -2.58% in one year.
| Current Share Class | 13.41B |
| Shares Outstanding | 13.41B |
| Shares Change (YoY) | -2.58% |
| Shares Change (QoQ) | -12.18% |
| Owned by Insiders (%) | n/a |
| Owned by Institutions (%) | 8.04% |
| Float | 2.89B |
Valuation Ratios
The trailing PE ratio is 24.33 and the forward PE ratio is 12.21.
| PE Ratio | 24.33 |
| Forward PE | 12.21 |
| PS Ratio | 0.93 |
| PB Ratio | 0.81 |
| P/TBV Ratio | 0.98 |
| P/FCF Ratio | 135.00 |
| P/OCF Ratio | 11.27 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 16.51, with an EV/FCF ratio of 216.89.
| EV / Earnings | 40.74 |
| EV / Sales | 1.50 |
| EV / EBITDA | 16.51 |
| EV / EBIT | n/a |
| EV / FCF | 216.89 |
Financial Position
The company has a current ratio of 1.02, with a Debt / Equity ratio of 0.62.
| Current Ratio | 1.02 |
| Quick Ratio | 0.76 |
| Debt / Equity | 0.62 |
| Debt / EBITDA | 7.83 |
| Debt / FCF | 102.22 |
| Interest Coverage | -0.40 |
Financial Efficiency
Return on equity (ROE) is 1.46% and return on invested capital (ROIC) is -0.21%.
| Return on Equity (ROE) | 1.46% |
| Return on Assets (ROA) | -0.19% |
| Return on Invested Capital (ROIC) | -0.21% |
| Return on Capital Employed (ROCE) | -0.39% |
| Weighted Average Cost of Capital (WACC) | 3.97% |
| Revenue Per Employee | 5.79M |
| Profits Per Employee | 212,924 |
| Employee Count | 12,889 |
| Asset Turnover | 0.47 |
| Inventory Turnover | 12.41 |
Taxes
In the past 12 months, SHA:600023 has paid 522.24 million in taxes.
| Income Tax | 522.24M |
| Effective Tax Rate | 29.05% |
Stock Price Statistics
The stock price has decreased by -3.05% in the last 52 weeks. The beta is 0.28, so SHA:600023's price volatility has been lower than the market average.
| Beta (5Y) | 0.28 |
| 52-Week Price Change | -3.05% |
| 50-Day Moving Average | 5.09 |
| 200-Day Moving Average | 5.36 |
| Relative Strength Index (RSI) | 41.21 |
| Average Volume (20 Days) | 46,788,988 |
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 74.68 billion and earned 2.74 billion in profits. Earnings per share was 0.21.
| Revenue | 74.68B |
| Gross Profit | 3.16B |
| Operating Income | -469.08M |
| Pretax Income | 1.80B |
| Net Income | 2.74B |
| EBITDA | 6.34B |
| EBIT | -469.08M |
| Earnings Per Share (EPS) | 0.21 |
Balance Sheet
The company has 16.36 billion in cash and 52.69 billion in debt, with a net cash position of -36.33 billion or -2.71 per share.
| Cash & Cash Equivalents | 16.36B |
| Total Debt | 52.69B |
| Net Cash | -36.33B |
| Net Cash Per Share | -2.71 |
| Equity (Book Value) | 85.65B |
| Book Value Per Share | 5.51 |
| Working Capital | 786.10M |
Cash Flow
In the last 12 months, operating cash flow was 6.18 billion and capital expenditures -5.66 billion, giving a free cash flow of 515.48 million.
| Operating Cash Flow | 6.18B |
| Capital Expenditures | -5.66B |
| Depreciation & Amortization | n/a |
| Net Borrowing | 2.55B |
| Free Cash Flow | 515.48M |
| FCF Per Share | 0.04 |
Margins
Gross margin is 4.23%, with operating and profit margins of -0.63% and 3.67%.
| Gross Margin | 4.23% |
| Operating Margin | -0.63% |
| Pretax Margin | 2.41% |
| Profit Margin | 3.67% |
| EBITDA Margin | 8.49% |
| EBIT Margin | -0.63% |
| FCF Margin | 0.69% |
Dividends & Yields
This stock pays an annual dividend of 0.30, which amounts to a dividend yield of 5.91%.
| Dividend Per Share | 0.30 |
| Dividend Yield | 5.91% |
| Dividend Growth (YoY) | -11.76% |
| Years of Dividend Growth | 5 |
| Payout Ratio | 198.27% |
| FCF Payout Ratio | 163.96% |
| Buyback Yield | 2.58% |
| Shareholder Yield | 8.49% |
| Earnings Yield | 4.11% |
| FCF Yield | 0.74% |
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 7.09% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | 5.44 |
| Price Target Difference | 7.09% |
| 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 | 3 |