China · Delayed Price · Currency is CNY SHA:600428 Statistics
Total Valuation
SHA:600428 has a market cap or net worth of CNY 21.46 billion. The enterprise value is 34.83 billion.
| Market Cap | 21.46B |
| Enterprise Value | 34.83B |
Important Dates
The next estimated earnings date is Thursday, March 26, 2026.
| Earnings Date | Mar 26, 2026 |
| Ex-Dividend Date | Aug 19, 2025 |
Share Statistics
SHA:600428 has 2.74 billion shares outstanding. The number of shares has increased by 14.05% in one year.
| Current Share Class | 2.74B |
| Shares Outstanding | 2.74B |
| Shares Change (YoY) | +14.05% |
| Shares Change (QoQ) | -0.32% |
| Owned by Insiders (%) | n/a |
| Owned by Institutions (%) | 6.10% |
| Float | 1.31B |
Valuation Ratios
The trailing PE ratio is 11.54 and the forward PE ratio is 10.75.
| PE Ratio | 11.54 |
| Forward PE | 10.75 |
| PS Ratio | 1.01 |
| PB Ratio | 1.19 |
| P/TBV Ratio | 1.31 |
| P/FCF Ratio | 5.40 |
| P/OCF Ratio | 3.87 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 6.70, with an EV/FCF ratio of 8.77.
| EV / Earnings | 21.01 |
| EV / Sales | 1.63 |
| EV / EBITDA | 6.70 |
| EV / EBIT | 10.31 |
| EV / FCF | 8.77 |
Financial Position
The company has a current ratio of 1.20, with a Debt / Equity ratio of 0.98.
| Current Ratio | 1.20 |
| Quick Ratio | 0.93 |
| Debt / Equity | 0.98 |
| Debt / EBITDA | 3.42 |
| Debt / FCF | 4.47 |
| Interest Coverage | 5.50 |
Financial Efficiency
Return on equity (ROE) is 13.68% and return on invested capital (ROIC) is 9.97%.
| Return on Equity (ROE) | 13.68% |
| Return on Assets (ROA) | 5.57% |
| Return on Invested Capital (ROIC) | 9.97% |
| Return on Capital Employed (ROCE) | 10.15% |
| Weighted Average Cost of Capital (WACC) | 5.87% |
| Revenue Per Employee | 4.17M |
| Profits Per Employee | 324,078 |
| Employee Count | 5,114 |
| Asset Turnover | 0.56 |
| Inventory Turnover | 16.87 |
Taxes
In the past 12 months, SHA:600428 has paid 352.82 million in taxes.
| Income Tax | 352.82M |
| Effective Tax Rate | 14.21% |
Stock Price Statistics
The stock price has increased by +15.21% in the last 52 weeks. The beta is 0.73, so SHA:600428's price volatility has been lower than the market average.
| Beta (5Y) | 0.73 |
| 52-Week Price Change | +15.21% |
| 50-Day Moving Average | 7.24 |
| 200-Day Moving Average | 6.76 |
| Relative Strength Index (RSI) | 67.73 |
| Average Volume (20 Days) | 36,288,508 |
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:600428 had revenue of CNY 21.35 billion and earned 1.66 billion in profits. Earnings per share was 0.68.
| Revenue | 21.35B |
| Gross Profit | 4.74B |
| Operating Income | 3.38B |
| Pretax Income | 2.48B |
| Net Income | 1.66B |
| EBITDA | 4.34B |
| EBIT | 3.38B |
| Earnings Per Share (EPS) | 0.68 |
Balance Sheet
The company has 5.91 billion in cash and 17.77 billion in debt, with a net cash position of -11.85 billion or -4.32 per share.
| Cash & Cash Equivalents | 5.91B |
| Total Debt | 17.77B |
| Net Cash | -11.85B |
| Net Cash Per Share | -4.32 |
| Equity (Book Value) | 18.04B |
| Book Value Per Share | 6.02 |
| Working Capital | 1.94B |
Cash Flow
In the last 12 months, operating cash flow was 5.55 billion and capital expenditures -1.57 billion, giving a free cash flow of 3.97 billion.
| Operating Cash Flow | 5.55B |
| Capital Expenditures | -1.57B |
| Free Cash Flow | 3.97B |
| FCF Per Share | 1.45 |
Margins
Gross margin is 22.20%, with operating and profit margins of 15.82% and 7.76%.
| Gross Margin | 22.20% |
| Operating Margin | 15.82% |
| Pretax Margin | 11.63% |
| Profit Margin | 7.76% |
| EBITDA Margin | 20.31% |
| EBIT Margin | 15.82% |
| FCF Margin | 18.60% |
Dividends & Yields
This stock pays an annual dividend of 0.28, which amounts to a dividend yield of 3.54%.
| Dividend Per Share | 0.28 |
| Dividend Yield | 3.54% |
| Dividend Growth (YoY) | 12.50% |
| Years of Dividend Growth | 4 |
| Payout Ratio | 54.30% |
| Buyback Yield | -14.05% |
| Shareholder Yield | -10.45% |
| Earnings Yield | 7.72% |
| FCF Yield | 18.51% |
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 September 23, 2008. It was a forward split with a ratio of 2.
| Last Split Date | Sep 23, 2008 |
| Split Type | Forward |
| Split Ratio | 2 |
Scores
SHA:600428 has an Altman Z-Score of 1.43 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.43 |
| Piotroski F-Score | 7 |