China · Delayed Price · Currency is CNY SHA:600863 Statistics
Total Valuation
SHA:600863 has a market cap or net worth of CNY 38.16 billion. The enterprise value is 58.33 billion.
| Market Cap | 38.16B |
| Enterprise Value | 58.33B |
Important Dates
The last earnings date was Friday, August 28, 2026.
| Earnings Date | Aug 28, 2026 |
| Ex-Dividend Date | Jul 28, 2026 |
Share Statistics
SHA:600863 has 7.84 billion shares outstanding. The number of shares has decreased by -2.13% in one year.
| Current Share Class | 7.84B |
| Shares Outstanding | 7.84B |
| Shares Change (YoY) | -2.13% |
| Shares Change (QoQ) | +10.24% |
| Owned by Insiders (%) | n/a |
| Owned by Institutions (%) | 15.14% |
| Float | 3.72B |
Valuation Ratios
The trailing PE ratio is 16.66 and the forward PE ratio is 14.32.
| PE Ratio | 16.66 |
| Forward PE | 14.32 |
| PS Ratio | 1.92 |
| PB Ratio | 1.35 |
| P/TBV Ratio | 2.35 |
| P/FCF Ratio | 16.72 |
| P/OCF Ratio | 5.88 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 9.69, with an EV/FCF ratio of 25.57.
| EV / Earnings | 26.34 |
| EV / Sales | 2.94 |
| EV / EBITDA | 9.69 |
| EV / EBIT | 16.83 |
| EV / FCF | 25.57 |
Financial Position
The company has a current ratio of 0.55, with a Debt / Equity ratio of 0.48.
| Current Ratio | 0.55 |
| Quick Ratio | 0.46 |
| Debt / Equity | 0.48 |
| Debt / EBITDA | 2.28 |
| Debt / FCF | 6.01 |
| Interest Coverage | 23.87 |
Financial Efficiency
Return on equity (ROE) is 10.41% and return on invested capital (ROIC) is 5.60%.
| Return on Equity (ROE) | 10.41% |
| Return on Assets (ROA) | 4.80% |
| Return on Invested Capital (ROIC) | 5.60% |
| Return on Capital Employed (ROCE) | 9.30% |
| Weighted Average Cost of Capital (WACC) | 4.36% |
| Revenue Per Employee | 3.63M |
| Profits Per Employee | 404,469 |
| Employee Count | 5,475 |
| Asset Turnover | 0.44 |
| Inventory Turnover | 31.31 |
Taxes
In the past 12 months, SHA:600863 has paid 405.76 million in taxes.
| Income Tax | 405.76M |
| Effective Tax Rate | 12.93% |
Stock Price Statistics
The stock price has increased by +17.35% in the last 52 weeks. The beta is 0.24, so SHA:600863's price volatility has been lower than the market average.
| Beta (5Y) | 0.24 |
| 52-Week Price Change | +17.35% |
| 50-Day Moving Average | 4.79 |
| 200-Day Moving Average | 4.98 |
| Relative Strength Index (RSI) | 53.63 |
| Average Volume (20 Days) | 110,766,880 |
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:600863 had revenue of CNY 19.86 billion and earned 2.21 billion in profits. Earnings per share was 0.29.
| Revenue | 19.86B |
| Gross Profit | 4.25B |
| Operating Income | 3.47B |
| Pretax Income | 3.14B |
| Net Income | 2.21B |
| EBITDA | 5.99B |
| EBIT | 3.47B |
| Earnings Per Share (EPS) | 0.29 |
Balance Sheet
The company has 960.33 million in cash and 13.71 billion in debt, with a net cash position of -12.75 billion or -1.63 per share.
| Cash & Cash Equivalents | 960.33M |
| Total Debt | 13.71B |
| Net Cash | -12.75B |
| Net Cash Per Share | -1.63 |
| Equity (Book Value) | 28.27B |
| Book Value Per Share | 2.53 |
| Working Capital | -5.61B |
Cash Flow
In the last 12 months, operating cash flow was 6.49 billion and capital expenditures -4.21 billion, giving a free cash flow of 2.28 billion.
| Operating Cash Flow | 6.49B |
| Capital Expenditures | -4.21B |
| Depreciation & Amortization | n/a |
| Net Borrowing | -957.15M |
| Free Cash Flow | 2.28B |
| FCF Per Share | 0.29 |
Margins
Gross margin is 21.39%, with operating and profit margins of 17.45% and 11.33%.
| Gross Margin | 21.39% |
| Operating Margin | 17.45% |
| Pretax Margin | 15.81% |
| Profit Margin | 11.33% |
| EBITDA Margin | 30.14% |
| EBIT Margin | 17.45% |
| FCF Margin | 11.49% |
Dividends & Yields
This stock pays an annual dividend of 0.22, which amounts to a dividend yield of 4.62%.
| Dividend Per Share | 0.22 |
| Dividend Yield | 4.62% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | 3 |
| Payout Ratio | 80.31% |
| Buyback Yield | 2.13% |
| Shareholder Yield | 6.75% |
| Earnings Yield | 5.80% |
| FCF Yield | 5.98% |
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 |
Analyst Forecast
The average price target for SHA:600863 is 5.69, which is 16.84% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | 5.69 |
| Price Target Difference | 16.84% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 4 |
| Revenue Growth Forecast (3Y) | 0.27% |
| EPS Growth Forecast (3Y) | n/a |
Stock Splits
The last stock split was on July 25, 2014. It was a forward split with a ratio of 1.5.
| Last Split Date | Jul 25, 2014 |
| Split Type | Forward |
| Split Ratio | 1.5 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 4 |