China · Delayed Price · Currency is CNY SHA:600278 Statistics
Total Valuation
SHA:600278 has a market cap or net worth of CNY 5.61 billion. The enterprise value is 2.97 billion.
| Market Cap | 5.61B |
| Enterprise Value | 2.97B |
Important Dates
The next confirmed earnings date is Thursday, October 29, 2026.
| Earnings Date | Oct 29, 2026 |
| Ex-Dividend Date | Aug 13, 2026 |
Share Statistics
SHA:600278 has 860.52 million shares outstanding. The number of shares has decreased by -0.76% in one year.
| Current Share Class | 860.52M |
| Shares Outstanding | 860.52M |
| Shares Change (YoY) | -0.76% |
| Shares Change (QoQ) | -2.41% |
| Owned by Insiders (%) | 1.81% |
| Owned by Institutions (%) | 1.99% |
| Float | 263.25M |
Valuation Ratios
The trailing PE ratio is 27.19.
| PE Ratio | 27.19 |
| Forward PE | n/a |
| PS Ratio | 0.17 |
| PB Ratio | 0.63 |
| P/TBV Ratio | 0.68 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | 14.17 |
| EV / Sales | 0.09 |
| EV / EBITDA | 7.25 |
| EV / EBIT | 11.80 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.47, with a Debt / Equity ratio of 0.10.
| Current Ratio | 1.47 |
| Quick Ratio | 0.93 |
| Debt / Equity | 0.10 |
| Debt / EBITDA | 2.09 |
| Debt / FCF | -2.75 |
| Interest Coverage | 7.88 |
Financial Efficiency
Return on equity (ROE) is 3.17% and return on invested capital (ROIC) is 3.52%.
| Return on Equity (ROE) | 3.17% |
| Return on Assets (ROA) | 0.83% |
| Return on Invested Capital (ROIC) | 3.52% |
| Return on Capital Employed (ROCE) | 2.59% |
| Weighted Average Cost of Capital (WACC) | 6.08% |
| Revenue Per Employee | 3.53M |
| Profits Per Employee | 22,061 |
| Employee Count | 9,486 |
| Asset Turnover | 1.78 |
| Inventory Turnover | 13.61 |
Taxes
In the past 12 months, SHA:600278 has paid 97.33 million in taxes.
| Income Tax | 97.33M |
| Effective Tax Rate | 26.82% |
Stock Price Statistics
The stock price has decreased by -12.25% in the last 52 weeks. The beta is 0.43, so SHA:600278's price volatility has been lower than the market average.
| Beta (5Y) | 0.43 |
| 52-Week Price Change | -12.25% |
| 50-Day Moving Average | 6.38 |
| 200-Day Moving Average | 7.13 |
| Relative Strength Index (RSI) | 52.15 |
| Average Volume (20 Days) | 4,831,208 |
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:600278 had revenue of CNY 33.52 billion and earned 209.27 million in profits. Earnings per share was 0.24.
| Revenue | 33.52B |
| Gross Profit | 1.60B |
| Operating Income | 251.24M |
| Pretax Income | 362.87M |
| Net Income | 209.27M |
| EBITDA | 359.50M |
| EBIT | 251.24M |
| Earnings Per Share (EPS) | 0.24 |
Balance Sheet
The company has 3.86 billion in cash and 853.11 million in debt, with a net cash position of 3.00 billion or 3.49 per share.
| Cash & Cash Equivalents | 3.86B |
| Total Debt | 853.11M |
| Net Cash | 3.00B |
| Net Cash Per Share | 3.49 |
| Equity (Book Value) | 8.84B |
| Book Value Per Share | 9.86 |
| Working Capital | 4.90B |
Cash Flow
In the last 12 months, operating cash flow was -221.18 million and capital expenditures -88.80 million, giving a free cash flow of -309.98 million.
| Operating Cash Flow | -221.18M |
| Capital Expenditures | -88.80M |
| Depreciation & Amortization | 108.26M |
| Net Borrowing | -217.04M |
| Free Cash Flow | -309.98M |
| FCF Per Share | -0.36 |
Margins
Gross margin is 4.77%, with operating and profit margins of 0.75% and 0.62%.
| Gross Margin | 4.77% |
| Operating Margin | 0.75% |
| Pretax Margin | 1.08% |
| Profit Margin | 0.62% |
| EBITDA Margin | 1.07% |
| EBIT Margin | 0.75% |
| FCF Margin | n/a |
Dividends & Yields
This stock pays an annual dividend of 0.10, which amounts to a dividend yield of 1.52%.
| Dividend Per Share | 0.10 |
| Dividend Yield | 1.52% |
| Dividend Growth (YoY) | -40.72% |
| Years of Dividend Growth | n/a |
| Payout Ratio | 53.14% |
| FCF Payout Ratio | n/a |
| Buyback Yield | 0.76% |
| Shareholder Yield | 2.27% |
| Earnings Yield | 3.73% |
| FCF Yield | -5.52% |
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 |
Stock Splits
The last stock split was on May 31, 2012. It was a forward split with a ratio of 1.3.
| Last Split Date | May 31, 2012 |
| Split Type | Forward |
| Split Ratio | 1.3 |
Scores
SHA:600278 has an Altman Z-Score of 2.6 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.6 |
| Piotroski F-Score | 4 |