China · Delayed Price · Currency is CNY SHA:600048 Statistics
Total Valuation
SHA:600048 has a market cap or net worth of CNY 72.85 billion. The enterprise value is 423.85 billion.
| Market Cap | 72.85B |
| Enterprise Value | 423.85B |
Important Dates
The last earnings date was Saturday, April 18, 2026.
| Earnings Date | Apr 18, 2026 |
| Ex-Dividend Date | Aug 20, 2025 |
Share Statistics
SHA:600048 has 11.87 billion shares outstanding. The number of shares has decreased by -4.59% in one year.
| Current Share Class | 11.87B |
| Shares Outstanding | 11.87B |
| Shares Change (YoY) | -4.59% |
| Shares Change (QoQ) | +16.49% |
| Owned by Insiders (%) | 0.10% |
| Owned by Institutions (%) | 20.77% |
| Float | 6.98B |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 53.67 |
| PS Ratio | 0.24 |
| PB Ratio | 0.22 |
| P/TBV Ratio | 0.38 |
| P/FCF Ratio | 3.36 |
| P/OCF Ratio | 3.28 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 27.93, with an EV/FCF ratio of 19.54.
| EV / Earnings | -2,325.43 |
| EV / Sales | 1.41 |
| EV / EBITDA | 27.93 |
| EV / EBIT | 34.86 |
| EV / FCF | 19.54 |
Financial Position
The company has a current ratio of 1.72, with a Debt / Equity ratio of 1.04.
| Current Ratio | 1.72 |
| Quick Ratio | 0.47 |
| Debt / Equity | 1.04 |
| Debt / EBITDA | 22.58 |
| Debt / FCF | 15.79 |
| Interest Coverage | 2.54 |
Financial Efficiency
Return on equity (ROE) is 0.78% and return on invested capital (ROIC) is 0.85%.
| Return on Equity (ROE) | 0.78% |
| Return on Assets (ROA) | 0.61% |
| Return on Invested Capital (ROIC) | 0.85% |
| Return on Capital Employed (ROCE) | 2.03% |
| Weighted Average Cost of Capital (WACC) | 1.72% |
| Revenue Per Employee | 6.74M |
| Profits Per Employee | -4,101 |
| Employee Count | 44,445 |
| Asset Turnover | 0.24 |
| Inventory Turnover | 0.38 |
Taxes
In the past 12 months, SHA:600048 has paid 4.26 billion in taxes.
| Income Tax | 4.26B |
| Effective Tax Rate | 61.81% |
Stock Price Statistics
The stock price has decreased by -26.29% in the last 52 weeks. The beta is 0.56, so SHA:600048's price volatility has been lower than the market average.
| Beta (5Y) | 0.56 |
| 52-Week Price Change | -26.29% |
| 50-Day Moving Average | 6.17 |
| 200-Day Moving Average | 7.05 |
| Relative Strength Index (RSI) | 56.88 |
| Average Volume (20 Days) | 113,579,232 |
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:600048 had revenue of CNY 299.60 billion and -182.27 million in losses. Loss per share was -0.02.
| Revenue | 299.60B |
| Gross Profit | 30.95B |
| Operating Income | 12.16B |
| Pretax Income | 6.89B |
| Net Income | -182.27M |
| EBITDA | 14.22B |
| EBIT | 12.16B |
| Loss Per Share | -0.02 |
Balance Sheet
The company has 128.01 billion in cash and 342.60 billion in debt, with a net cash position of -214.59 billion or -18.09 per share.
| Cash & Cash Equivalents | 128.01B |
| Total Debt | 342.60B |
| Net Cash | -214.59B |
| Net Cash Per Share | -18.09 |
| Equity (Book Value) | 330.46B |
| Book Value Per Share | 16.35 |
| Working Capital | 415.54B |
Cash Flow
In the last 12 months, operating cash flow was 22.20 billion and capital expenditures -511.16 million, giving a free cash flow of 21.69 billion.
| Operating Cash Flow | 22.20B |
| Capital Expenditures | -511.16M |
| Depreciation & Amortization | 2.06B |
| Net Borrowing | -23.49B |
| Free Cash Flow | 21.69B |
| FCF Per Share | 1.83 |
Margins
Gross margin is 10.33%, with operating and profit margins of 4.06% and -0.06%.
| Gross Margin | 10.33% |
| Operating Margin | 4.06% |
| Pretax Margin | 2.30% |
| Profit Margin | -0.06% |
| EBITDA Margin | 4.75% |
| EBIT Margin | 4.06% |
| FCF Margin | 7.24% |
Dividends & Yields
This stock pays an annual dividend of 0.04, which amounts to a dividend yield of 0.57%.
| Dividend Per Share | 0.04 |
| Dividend Yield | 0.57% |
| Dividend Growth (YoY) | -58.54% |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | 4.59% |
| Shareholder Yield | 5.16% |
| Earnings Yield | -0.25% |
| FCF Yield | 29.78% |
Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | n/a |
| Lynch Upside | n/a |
| Graham Number | n/a |
| Graham Upside | n/a |
Stock Splits
The last stock split was on May 22, 2014. It was a forward split with a ratio of 1.5.
| Last Split Date | May 22, 2014 |
| Split Type | Forward |
| Split Ratio | 1.5 |
Scores
SHA:600048 has an Altman Z-Score of 0.97 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.97 |
| Piotroski F-Score | 6 |