China · Delayed Price · Currency is CNY SHA:600428 Statistics
Total Valuation
SHA:600428 has a market cap or net worth of CNY 20.69 billion. The enterprise value is 33.52 billion.
| Market Cap | 20.69B |
| Enterprise Value | 33.52B |
Important Dates
The last earnings date was Wednesday, April 29, 2026.
| Earnings Date | Apr 29, 2026 |
| Ex-Dividend Date | Aug 19, 2025 |
Share Statistics
SHA:600428 has 2.74 billion shares outstanding. The number of shares has increased by 27.94% in one year.
| Current Share Class | 2.74B |
| Shares Outstanding | 2.74B |
| Shares Change (YoY) | +27.94% |
| Shares Change (QoQ) | +0.05% |
| Owned by Insiders (%) | n/a |
| Owned by Institutions (%) | 7.48% |
| Float | 1.14B |
Valuation Ratios
The trailing PE ratio is 11.24 and the forward PE ratio is 9.31.
| PE Ratio | 11.24 |
| Forward PE | 9.31 |
| PS Ratio | 0.84 |
| PB Ratio | 1.09 |
| P/TBV Ratio | 1.22 |
| P/FCF Ratio | 4.29 |
| P/OCF Ratio | 2.85 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 4.73, with an EV/FCF ratio of 6.95.
| EV / Earnings | 18.21 |
| EV / Sales | 1.36 |
| EV / EBITDA | 4.73 |
| EV / EBIT | 9.06 |
| EV / FCF | 6.95 |
Financial Position
The company has a current ratio of 1.06, with a Debt / Equity ratio of 0.96.
| Current Ratio | 1.06 |
| Quick Ratio | 0.84 |
| Debt / Equity | 0.96 |
| Debt / EBITDA | 2.57 |
| Debt / FCF | 3.77 |
| Interest Coverage | 5.72 |
Financial Efficiency
Return on equity (ROE) is 13.66% and return on invested capital (ROIC) is 10.14%.
| Return on Equity (ROE) | 13.66% |
| Return on Assets (ROA) | 5.44% |
| Return on Invested Capital (ROIC) | 10.14% |
| Return on Capital Employed (ROCE) | 11.36% |
| Weighted Average Cost of Capital (WACC) | 5.03% |
| Revenue Per Employee | 4.43M |
| Profits Per Employee | 331,742 |
| Employee Count | 5,548 |
| Asset Turnover | 0.58 |
| Inventory Turnover | 17.88 |
Taxes
In the past 12 months, SHA:600428 has paid 542.03 million in taxes.
| Income Tax | 542.03M |
| Effective Tax Rate | 17.79% |
Stock Price Statistics
The stock price has increased by +21.81% in the last 52 weeks. The beta is 0.48, so SHA:600428's price volatility has been lower than the market average.
| Beta (5Y) | 0.48 |
| 52-Week Price Change | +21.81% |
| 50-Day Moving Average | 8.57 |
| 200-Day Moving Average | 7.55 |
| Relative Strength Index (RSI) | 31.05 |
| Average Volume (20 Days) | 41,495,560 |
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 24.56 billion and earned 1.84 billion in profits. Earnings per share was 0.67.
| Revenue | 24.56B |
| Gross Profit | 5.17B |
| Operating Income | 3.70B |
| Pretax Income | 3.05B |
| Net Income | 1.84B |
| EBITDA | 4.79B |
| EBIT | 3.70B |
| Earnings Per Share (EPS) | 0.67 |
Balance Sheet
The company has 7.22 billion in cash and 18.19 billion in debt, with a net cash position of -10.97 billion or -4.00 per share.
| Cash & Cash Equivalents | 7.22B |
| Total Debt | 18.19B |
| Net Cash | -10.97B |
| Net Cash Per Share | -4.00 |
| Equity (Book Value) | 18.96B |
| Book Value Per Share | 6.23 |
| Working Capital | 690.42M |
Cash Flow
In the last 12 months, operating cash flow was 7.25 billion and capital expenditures -2.43 billion, giving a free cash flow of 4.82 billion.
| Operating Cash Flow | 7.25B |
| Capital Expenditures | -2.43B |
| Depreciation & Amortization | 1.09B |
| Net Borrowing | -2.49B |
| Free Cash Flow | 4.82B |
| FCF Per Share | 1.76 |
Margins
Gross margin is 21.05%, with operating and profit margins of 15.07% and 7.49%.
| Gross Margin | 21.05% |
| Operating Margin | 15.07% |
| Pretax Margin | 12.41% |
| Profit Margin | 7.49% |
| EBITDA Margin | 19.50% |
| EBIT Margin | 15.07% |
| FCF Margin | 19.64% |
Dividends & Yields
This stock pays an annual dividend of 0.33, which amounts to a dividend yield of 4.24%.
| Dividend Per Share | 0.33 |
| Dividend Yield | 4.24% |
| Dividend Growth (YoY) | 12.50% |
| Years of Dividend Growth | 4 |
| Payout Ratio | 48.94% |
| Buyback Yield | -27.94% |
| Shareholder Yield | -23.78% |
| Earnings Yield | 8.90% |
| FCF Yield | 23.32% |
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 1.52 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.52 |
| Piotroski F-Score | 6 |