China · Delayed Price · Currency is CNY SHA:600863 Statistics
Total Valuation
SHA:600863 has a market cap or net worth of CNY 42.00 billion. The enterprise value is 62.66 billion.
| Market Cap | 42.00B |
| Enterprise Value | 62.66B |
Important Dates
The next estimated earnings date is Friday, August 28, 2026.
| Earnings Date | Aug 28, 2026 |
| Ex-Dividend Date | Jul 28, 2025 |
Share Statistics
SHA:600863 has 7.84 billion shares outstanding. The number of shares has decreased by -6.96% in one year.
| Current Share Class | 7.84B |
| Shares Outstanding | 7.84B |
| Shares Change (YoY) | -6.96% |
| Shares Change (QoQ) | -17.46% |
| Owned by Insiders (%) | n/a |
| Owned by Institutions (%) | 14.32% |
| Float | 3.68B |
Valuation Ratios
The trailing PE ratio is 17.49 and the forward PE ratio is 16.30.
| PE Ratio | 17.49 |
| Forward PE | 16.30 |
| PS Ratio | 2.07 |
| PB Ratio | 1.43 |
| P/TBV Ratio | 2.40 |
| P/FCF Ratio | 16.53 |
| P/OCF Ratio | 6.77 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 10.43, with an EV/FCF ratio of 24.66.
| EV / Earnings | 28.33 |
| EV / Sales | 3.09 |
| EV / EBITDA | 10.43 |
| EV / EBIT | 17.00 |
| EV / FCF | 24.66 |
Financial Position
The company has a current ratio of 0.65, with a Debt / Equity ratio of 0.49.
| Current Ratio | 0.65 |
| Quick Ratio | 0.56 |
| Debt / Equity | 0.49 |
| Debt / EBITDA | 2.40 |
| Debt / FCF | 5.66 |
| Interest Coverage | 13.89 |
Financial Efficiency
Return on equity (ROE) is 11.00% and return on invested capital (ROIC) is 5.73%.
| Return on Equity (ROE) | 11.00% |
| Return on Assets (ROA) | 5.19% |
| Return on Invested Capital (ROIC) | 5.73% |
| Return on Capital Employed (ROCE) | 9.60% |
| Weighted Average Cost of Capital (WACC) | 4.51% |
| Revenue Per Employee | 3.71M |
| Profits Per Employee | 403,981 |
| Employee Count | 5,475 |
| Asset Turnover | 0.46 |
| Inventory Turnover | 34.39 |
Taxes
In the past 12 months, SHA:600863 has paid 459.06 million in taxes.
| Income Tax | 459.06M |
| Effective Tax Rate | 13.40% |
Stock Price Statistics
The stock price has increased by +27.01% in the last 52 weeks. The beta is 0.23, so SHA:600863's price volatility has been lower than the market average.
| Beta (5Y) | 0.23 |
| 52-Week Price Change | +27.01% |
| 50-Day Moving Average | 5.41 |
| 200-Day Moving Average | 4.80 |
| Relative Strength Index (RSI) | 41.82 |
| Average Volume (20 Days) | 410,757,975 |
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 20.31 billion and earned 2.21 billion in profits. Earnings per share was 0.31.
| Revenue | 20.31B |
| Gross Profit | 4.47B |
| Operating Income | 3.69B |
| Pretax Income | 3.43B |
| Net Income | 2.21B |
| EBITDA | 5.98B |
| EBIT | 3.69B |
| Earnings Per Share (EPS) | 0.31 |
Balance Sheet
The company has 1.17 billion in cash and 14.39 billion in debt, with a net cash position of -13.22 billion or -1.69 per share.
| Cash & Cash Equivalents | 1.17B |
| Total Debt | 14.39B |
| Net Cash | -13.22B |
| Net Cash Per Share | -1.69 |
| Equity (Book Value) | 29.32B |
| Book Value Per Share | 2.79 |
| Working Capital | -3.58B |
Cash Flow
In the last 12 months, operating cash flow was 6.21 billion and capital expenditures -3.67 billion, giving a free cash flow of 2.54 billion.
| Operating Cash Flow | 6.21B |
| Capital Expenditures | -3.67B |
| Depreciation & Amortization | n/a |
| Net Borrowing | -1.11B |
| Free Cash Flow | 2.54B |
| FCF Per Share | 0.32 |
Margins
Gross margin is 22.03%, with operating and profit margins of 18.15% and 11.16%.
| Gross Margin | 22.03% |
| Operating Margin | 18.15% |
| Pretax Margin | 16.87% |
| Profit Margin | 11.16% |
| EBITDA Margin | 29.44% |
| EBIT Margin | 18.15% |
| FCF Margin | 12.51% |
Dividends & Yields
This stock pays an annual dividend of 0.22, which amounts to a dividend yield of 4.10%.
| Dividend Per Share | 0.22 |
| Dividend Yield | 4.10% |
| Dividend Growth (YoY) | 18.92% |
| Years of Dividend Growth | 3 |
| Payout Ratio | 79.36% |
| Buyback Yield | 6.96% |
| Shareholder Yield | 10.83% |
| Earnings Yield | 5.27% |
| FCF Yield | 6.05% |
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 5.44, which is 1.49% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | 5.44 |
| Price Target Difference | 1.49% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 4 |
| Revenue Growth Forecast (3Y) | 0.06% |
| 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 |