China · Delayed Price · Currency is CNY SHA:600048 Statistics
Total Valuation
SHA:600048 has a market cap or net worth of CNY 61.82 billion. The enterprise value is 396.14 billion.
| Market Cap | 61.82B |
| Enterprise Value | 396.14B |
Important Dates
The last earnings date was Thursday, August 27, 2026.
| Earnings Date | Aug 27, 2026 |
| Ex-Dividend Date | Jun 30, 2026 |
Share Statistics
SHA:600048 has 11.87 billion shares outstanding. The number of shares has decreased by -4.15% in one year.
| Current Share Class | 11.87B |
| Shares Outstanding | 11.87B |
| Shares Change (YoY) | -4.15% |
| Shares Change (QoQ) | +13.89% |
| Owned by Insiders (%) | 0.10% |
| Owned by Institutions (%) | 17.65% |
| Float | 6.98B |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 27.54 |
| PS Ratio | 0.21 |
| PB Ratio | 0.19 |
| P/TBV Ratio | 0.32 |
| P/FCF Ratio | 2.67 |
| P/OCF Ratio | 2.61 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 30.19, with an EV/FCF ratio of 17.11.
| EV / Earnings | n/a |
| EV / Sales | 1.35 |
| EV / EBITDA | 30.19 |
| EV / EBIT | 38.31 |
| EV / FCF | 17.11 |
Financial Position
The company has a current ratio of 1.72, with a Debt / Equity ratio of 1.02.
| Current Ratio | 1.72 |
| Quick Ratio | 0.48 |
| Debt / Equity | 1.02 |
| Debt / EBITDA | 25.56 |
| Debt / FCF | 14.49 |
| Interest Coverage | 2.29 |
Financial Efficiency
Return on equity (ROE) is 0.31% and return on invested capital (ROIC) is 0.44%.
| Return on Equity (ROE) | 0.31% |
| Return on Assets (ROA) | 0.52% |
| Return on Invested Capital (ROIC) | 0.44% |
| Return on Capital Employed (ROCE) | 1.73% |
| Weighted Average Cost of Capital (WACC) | 1.27% |
| Revenue Per Employee | 6.62M |
| Profits Per Employee | -7,142 |
| Employee Count | 44,445 |
| Asset Turnover | 0.24 |
| Inventory Turnover | 0.38 |
Taxes
In the past 12 months, SHA:600048 has paid 3.58 billion in taxes.
| Income Tax | 3.58B |
| Effective Tax Rate | 77.32% |
Stock Price Statistics
The stock price has decreased by -32.69% in the last 52 weeks. The beta is 0.41, so SHA:600048's price volatility has been lower than the market average.
| Beta (5Y) | 0.41 |
| 52-Week Price Change | -32.69% |
| 50-Day Moving Average | 5.05 |
| 200-Day Moving Average | 5.92 |
| Relative Strength Index (RSI) | 53.03 |
| Average Volume (20 Days) | 188,630,439 |
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 294.15 billion and -317.42 million in losses. Loss per share was -0.03.
| Revenue | 294.15B |
| Gross Profit | 29.38B |
| Operating Income | 10.34B |
| Pretax Income | 4.63B |
| Net Income | -317.42M |
| EBITDA | 12.32B |
| EBIT | 10.34B |
| Loss Per Share | -0.03 |
Balance Sheet
The company has 135.26 billion in cash and 335.42 billion in debt, with a net cash position of -200.15 billion or -16.87 per share.
| Cash & Cash Equivalents | 135.26B |
| Total Debt | 335.42B |
| Net Cash | -200.15B |
| Net Cash Per Share | -16.87 |
| Equity (Book Value) | 328.74B |
| Book Value Per Share | 16.40 |
| Working Capital | 412.24B |
Cash Flow
In the last 12 months, operating cash flow was 23.72 billion and capital expenditures -577.84 million, giving a free cash flow of 23.15 billion.
| Operating Cash Flow | 23.72B |
| Capital Expenditures | -577.84M |
| Depreciation & Amortization | 1.98B |
| Net Borrowing | -11.13B |
| Free Cash Flow | 23.15B |
| FCF Per Share | 1.95 |
Margins
Gross margin is 9.99%, with operating and profit margins of 3.52% and -0.11%.
| Gross Margin | 9.99% |
| Operating Margin | 3.52% |
| Pretax Margin | 1.57% |
| Profit Margin | -0.11% |
| EBITDA Margin | 4.19% |
| EBIT Margin | 3.52% |
| FCF Margin | 7.87% |
Dividends & Yields
This stock pays an annual dividend of 0.04, which amounts to a dividend yield of 0.67%.
| Dividend Per Share | 0.04 |
| Dividend Yield | 0.67% |
| Dividend Growth (YoY) | -79.41% |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | 4.15% |
| Shareholder Yield | 4.81% |
| Earnings Yield | -0.51% |
| FCF Yield | 37.44% |
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 |
Analyst Forecast
The average price target for SHA:600048 is 6.77, which is 29.94% higher than the current price. The consensus rating is "Buy".
| Price Target | 6.77 |
| Price Target Difference | 29.94% |
| Analyst Consensus | Buy |
| Analyst Count | 11 |
| Revenue Growth Forecast (3Y) | -10.90% |
| EPS Growth Forecast (3Y) | 71.21% |
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 0.96 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.96 |
| Piotroski F-Score | 6 |