China · Delayed Price · Currency is CNY SHA:600863 Statistics
Total Valuation
SHA:600863 has a market cap or net worth of CNY 40.35 billion. The enterprise value is 61.20 billion.
| Market Cap | 40.35B |
| Enterprise Value | 61.20B |
Important Dates
The last earnings date was 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 -2.90% in one year.
| Current Share Class | 7.84B |
| Shares Outstanding | 7.84B |
| Shares Change (YoY) | -2.90% |
| Shares Change (QoQ) | -10.84% |
| Owned by Insiders (%) | n/a |
| Owned by Institutions (%) | 14.69% |
| Float | 3.72B |
Valuation Ratios
The trailing PE ratio is 20.93 and the forward PE ratio is 15.09.
| PE Ratio | 20.93 |
| Forward PE | 15.09 |
| PS Ratio | 2.07 |
| PB Ratio | 1.40 |
| P/TBV Ratio | 2.39 |
| P/FCF Ratio | 28.39 |
| P/OCF Ratio | 6.85 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 12.03, with an EV/FCF ratio of 43.12.
| EV / Earnings | 32.40 |
| EV / Sales | 3.15 |
| EV / EBITDA | 12.03 |
| EV / EBIT | 21.26 |
| EV / FCF | 43.12 |
Financial Position
The company has a current ratio of 0.57, with a Debt / Equity ratio of 0.51.
| Current Ratio | 0.57 |
| Quick Ratio | 0.46 |
| Debt / Equity | 0.51 |
| Debt / EBITDA | 2.89 |
| Debt / FCF | 10.35 |
| Interest Coverage | 39.24 |
Financial Efficiency
Return on equity (ROE) is 7.74% and return on invested capital (ROIC) is 4.51%.
| Return on Equity (ROE) | 7.74% |
| Return on Assets (ROA) | 3.92% |
| Return on Invested Capital (ROIC) | 4.51% |
| Return on Capital Employed (ROCE) | 7.49% |
| Weighted Average Cost of Capital (WACC) | 4.98% |
| Revenue Per Employee | 3.54M |
| Profits Per Employee | 344,158 |
| Employee Count | 5,475 |
| Asset Turnover | 0.42 |
| Inventory Turnover | 35.58 |
Taxes
In the past 12 months, SHA:600863 has paid 390.99 million in taxes.
| Income Tax | 390.99M |
| Effective Tax Rate | 15.78% |
Stock Price Statistics
The stock price has increased by +21.28% 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 | +21.28% |
| 50-Day Moving Average | 4.87 |
| 200-Day Moving Average | 5.02 |
| Relative Strength Index (RSI) | 56.80 |
| Average Volume (20 Days) | 114,553,184 |
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 19.39 billion and earned 1.88 billion in profits. Earnings per share was 0.25.
| Revenue | 19.39B |
| Gross Profit | 3.73B |
| Operating Income | 2.87B |
| Pretax Income | 2.48B |
| Net Income | 1.88B |
| EBITDA | 5.02B |
| EBIT | 2.87B |
| Earnings Per Share (EPS) | 0.25 |
Balance Sheet
The company has 1.09 billion in cash and 14.65 billion in debt, with a net cash position of -13.56 billion or -1.73 per share.
| Cash & Cash Equivalents | 1.09B |
| Total Debt | 14.65B |
| Net Cash | -13.56B |
| Net Cash Per Share | -1.73 |
| Equity (Book Value) | 28.71B |
| Book Value Per Share | 2.92 |
| Working Capital | -5.38B |
Cash Flow
In the last 12 months, operating cash flow was 5.87 billion and capital expenditures -4.45 billion, giving a free cash flow of 1.42 billion.
| Operating Cash Flow | 5.87B |
| Capital Expenditures | -4.45B |
| Depreciation & Amortization | n/a |
| Net Borrowing | -158.98M |
| Free Cash Flow | 1.42B |
| FCF Per Share | 0.18 |
Margins
Gross margin is 19.26%, with operating and profit margins of 14.81% and 9.90%.
| Gross Margin | 19.26% |
| Operating Margin | 14.81% |
| Pretax Margin | 12.77% |
| Profit Margin | 9.90% |
| EBITDA Margin | 25.88% |
| EBIT Margin | 14.81% |
| FCF Margin | 7.30% |
Dividends & Yields
This stock pays an annual dividend of 0.22, which amounts to a dividend yield of 4.27%.
| Dividend Per Share | 0.22 |
| Dividend Yield | 4.27% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | 3 |
| Payout Ratio | 108.48% |
| FCF Payout Ratio | 87.95% |
| Buyback Yield | 2.90% |
| Shareholder Yield | 7.18% |
| Earnings Yield | 4.78% |
| FCF Yield | 3.52% |
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 |
Analyst Forecast
The average price target for SHA:600863 is 5.69, which is 10.49% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | 5.69 |
| Price Target Difference | 10.49% |
| 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 |