China · Delayed Price · Currency is CNY China Yangtze Power Statistics
Total Valuation
SHA:600900 has a market cap or net worth of CNY 695.88 billion. The enterprise value is 982.37 billion.
| Market Cap | 695.88B |
| Enterprise Value | 982.37B |
Important Dates
The last earnings date was Monday, August 31, 2026.
| Earnings Date | Aug 31, 2026 |
| Ex-Dividend Date | Jul 17, 2026 |
Share Statistics
SHA:600900 has 24.47 billion shares outstanding. The number of shares has decreased by -0.01% in one year.
| Current Share Class | 24.47B |
| Shares Outstanding | 24.47B |
| Shares Change (YoY) | -0.01% |
| Shares Change (QoQ) | -0.03% |
| Owned by Insiders (%) | n/a |
| Owned by Institutions (%) | 14.54% |
| Float | 9.49B |
Valuation Ratios
The trailing PE ratio is 19.22 and the forward PE ratio is 18.86. SHA:600900's PEG ratio is 3.96.
| PE Ratio | 19.22 |
| Forward PE | 18.86 |
| PS Ratio | 7.96 |
| PB Ratio | 3.05 |
| P/TBV Ratio | 3.65 |
| P/FCF Ratio | 15.78 |
| P/OCF Ratio | 11.46 |
| PEG Ratio | 3.96 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 14.69, with an EV/FCF ratio of 22.28.
| EV / Earnings | 27.14 |
| EV / Sales | 11.23 |
| EV / EBITDA | 14.69 |
| EV / EBIT | 20.46 |
| EV / FCF | 22.28 |
Financial Position
The company has a current ratio of 0.20, with a Debt / Equity ratio of 1.24.
| Current Ratio | 0.20 |
| Quick Ratio | 0.18 |
| Debt / Equity | 1.24 |
| Debt / EBITDA | 4.25 |
| Debt / FCF | 6.44 |
| Interest Coverage | 5.45 |
Financial Efficiency
Return on equity (ROE) is 16.44% and return on invested capital (ROIC) is 5.85%.
| Return on Equity (ROE) | 16.44% |
| Return on Assets (ROA) | 5.31% |
| Return on Invested Capital (ROIC) | 5.85% |
| Return on Capital Employed (ROCE) | 10.83% |
| Weighted Average Cost of Capital (WACC) | 3.92% |
| Revenue Per Employee | 10.31M |
| Profits Per Employee | 4.27M |
| Employee Count | 8,482 |
| Asset Turnover | 0.15 |
| Inventory Turnover | 41.44 |
Taxes
In the past 12 months, SHA:600900 has paid 7.59 billion in taxes.
| Income Tax | 7.59B |
| Effective Tax Rate | 17.14% |
Stock Price Statistics
The stock price has increased by +0.82% in the last 52 weeks. The beta is 0.04, so SHA:600900's price volatility has been lower than the market average.
| Beta (5Y) | 0.04 |
| 52-Week Price Change | +0.82% |
| 50-Day Moving Average | 28.13 |
| 200-Day Moving Average | 27.41 |
| Relative Strength Index (RSI) | 53.58 |
| Average Volume (20 Days) | 90,608,433 |
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:600900 had revenue of CNY 87.47 billion and earned 36.20 billion in profits. Earnings per share was 1.48.
| Revenue | 87.47B |
| Gross Profit | 54.54B |
| Operating Income | 48.01B |
| Pretax Income | 44.29B |
| Net Income | 36.20B |
| EBITDA | 66.75B |
| EBIT | 48.01B |
| Earnings Per Share (EPS) | 1.48 |
Balance Sheet
The company has 9.37 billion in cash and 283.89 billion in debt, with a net cash position of -274.51 billion or -11.22 per share.
| Cash & Cash Equivalents | 9.37B |
| Total Debt | 283.89B |
| Net Cash | -274.51B |
| Net Cash Per Share | -11.22 |
| Equity (Book Value) | 228.11B |
| Book Value Per Share | 8.83 |
| Working Capital | -94.64B |
Cash Flow
In the last 12 months, operating cash flow was 60.70 billion and capital expenditures -16.61 billion, giving a free cash flow of 44.09 billion.
| Operating Cash Flow | 60.70B |
| Capital Expenditures | -16.61B |
| Depreciation & Amortization | n/a |
| Net Borrowing | -11.11B |
| Free Cash Flow | 44.09B |
| FCF Per Share | 1.80 |
Margins
Gross margin is 62.35%, with operating and profit margins of 54.88% and 41.39%.
| Gross Margin | 62.35% |
| Operating Margin | 54.88% |
| Pretax Margin | 50.64% |
| Profit Margin | 41.39% |
| EBITDA Margin | 76.31% |
| EBIT Margin | 54.88% |
| FCF Margin | 50.40% |
Dividends & Yields
This stock pays an annual dividend of 1.00, which amounts to a dividend yield of 3.49%.
| Dividend Per Share | 1.00 |
| Dividend Yield | 3.49% |
| Dividend Growth (YoY) | 6.04% |
| Years of Dividend Growth | 1 |
| Payout Ratio | 90.73% |
| Buyback Yield | 0.01% |
| Shareholder Yield | 3.50% |
| Earnings Yield | 5.20% |
| FCF Yield | 6.34% |
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:600900 is 32.77, which is 15.08% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | 32.77 |
| Price Target Difference | 15.08% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 16 |
| Revenue Growth Forecast (3Y) | 1.38% |
| EPS Growth Forecast (3Y) | 4.57% |
Stock Splits
The last stock split was on July 20, 2010. It was a forward split with a ratio of 1.5.
| Last Split Date | Jul 20, 2010 |
| Split Type | Forward |
| Split Ratio | 1.5 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 6 |