China · Delayed Price · Currency is CNY SHA:600863 Statistics
Total Valuation
SHA:600863 has a market cap or net worth of CNY 36.98 billion. The enterprise value is 57.53 billion.
| Market Cap | 36.98B |
| Enterprise Value | 57.53B |
Important Dates
The next confirmed earnings date is Wednesday, October 28, 2026.
| Earnings Date | Oct 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 -5.86% in one year.
| Current Share Class | 7.84B |
| Shares Outstanding | 7.84B |
| Shares Change (YoY) | -5.86% |
| Shares Change (QoQ) | +10.24% |
| Owned by Insiders (%) | n/a |
| Owned by Institutions (%) | 14.68% |
| Float | 3.72B |
Valuation Ratios
The trailing PE ratio is 17.37 and the forward PE ratio is 13.88.
| PE Ratio | 17.37 |
| Forward PE | 13.88 |
| PS Ratio | 1.90 |
| PB Ratio | 1.31 |
| P/TBV Ratio | 2.28 |
| P/FCF Ratio | 18.87 |
| P/OCF Ratio | 6.01 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 10.46, with an EV/FCF ratio of 29.35.
| EV / Earnings | 28.51 |
| EV / Sales | 2.96 |
| EV / EBITDA | 10.46 |
| EV / EBIT | 18.27 |
| EV / FCF | 29.35 |
Financial Position
The company has a current ratio of 0.55, with a Debt / Equity ratio of 0.50.
| Current Ratio | 0.55 |
| Quick Ratio | 0.46 |
| Debt / Equity | 0.50 |
| Debt / EBITDA | 2.56 |
| Debt / FCF | 7.19 |
| Interest Coverage | 12.31 |
Financial Efficiency
Return on equity (ROE) is 9.43% and return on invested capital (ROIC) is 5.06%.
| Return on Equity (ROE) | 9.43% |
| Return on Assets (ROA) | 4.36% |
| Return on Invested Capital (ROIC) | 5.06% |
| Return on Capital Employed (ROCE) | 8.46% |
| Weighted Average Cost of Capital (WACC) | 5.24% |
| Revenue Per Employee | 3.55M |
| Profits Per Employee | 368,590 |
| Employee Count | 5,475 |
| Asset Turnover | 0.43 |
| Inventory Turnover | 31.09 |
Taxes
In the past 12 months, SHA:600863 has paid 386.45 million in taxes.
| Income Tax | 386.45M |
| Effective Tax Rate | 13.50% |
Stock Price Statistics
The stock price has increased by +15.12% in the last 52 weeks. The beta is 0.43, so SHA:600863's price volatility has been lower than the market average.
| Beta (5Y) | 0.43 |
| 52-Week Price Change | +15.12% |
| 50-Day Moving Average | 4.81 |
| 200-Day Moving Average | 4.99 |
| Relative Strength Index (RSI) | 48.17 |
| Average Volume (20 Days) | 91,302,736 |
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 19.45 billion and earned 2.02 billion in profits. Earnings per share was 0.27.
| Revenue | 19.45B |
| Gross Profit | 3.96B |
| Operating Income | 3.15B |
| Pretax Income | 2.86B |
| Net Income | 2.02B |
| EBITDA | 5.47B |
| EBIT | 3.15B |
| Earnings Per Share (EPS) | 0.27 |
Balance Sheet
The company has 960.33 million in cash and 14.08 billion in debt, with a net cash position of -13.12 billion or -1.68 per share.
| Cash & Cash Equivalents | 960.33M |
| Total Debt | 14.08B |
| Net Cash | -13.12B |
| Net Cash Per Share | -1.68 |
| Equity (Book Value) | 28.27B |
| Book Value Per Share | 2.66 |
| Working Capital | -5.61B |
Cash Flow
In the last 12 months, operating cash flow was 6.15 billion and capital expenditures -4.19 billion, giving a free cash flow of 1.96 billion.
| Operating Cash Flow | 6.15B |
| Capital Expenditures | -4.19B |
| Depreciation & Amortization | n/a |
| Net Borrowing | -800.77M |
| Free Cash Flow | 1.96B |
| FCF Per Share | 0.25 |
Margins
Gross margin is 20.34%, with operating and profit margins of 16.19% and 10.62%.
| Gross Margin | 20.34% |
| Operating Margin | 16.19% |
| Pretax Margin | 14.72% |
| Profit Margin | 10.62% |
| EBITDA Margin | 28.15% |
| EBIT Margin | 16.19% |
| FCF Margin | 10.08% |
Dividends & Yields
This stock pays an annual dividend of 0.22, which amounts to a dividend yield of 4.66%.
| Dividend Per Share | 0.22 |
| Dividend Yield | 4.66% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | 3 |
| Payout Ratio | 86.47% |
| FCF Payout Ratio | 87.95% |
| Buyback Yield | 5.86% |
| Shareholder Yield | 10.52% |
| Earnings Yield | 5.46% |
| FCF Yield | 5.30% |
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 20.55% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | 5.69 |
| Price Target Difference | 20.55% |
| 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 |