China · Delayed Price · Currency is CNY Yueyang Forest & Paper Statistics
Total Valuation
SHA:600963 has a market cap or net worth of CNY 8.52 billion. The enterprise value is 15.19 billion.
| Market Cap | 8.52B |
| Enterprise Value | 15.19B |
Important Dates
The last earnings date was Wednesday, March 11, 2026.
| Earnings Date | Mar 11, 2026 |
| Ex-Dividend Date | May 27, 2025 |
Share Statistics
SHA:600963 has 1.76 billion shares outstanding. The number of shares has decreased by -8.00% in one year.
| Current Share Class | 1.76B |
| Shares Outstanding | 1.76B |
| Shares Change (YoY) | -8.00% |
| Shares Change (QoQ) | -13.81% |
| Owned by Insiders (%) | 1.99% |
| Owned by Institutions (%) | 3.60% |
| Float | 923.74M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 0.98 |
| PB Ratio | 1.12 |
| P/TBV Ratio | 1.22 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 17.79, with an EV/FCF ratio of -12.03.
| EV / Earnings | -64.66 |
| EV / Sales | 1.75 |
| EV / EBITDA | 17.79 |
| EV / EBIT | 63.99 |
| EV / FCF | -12.03 |
Financial Position
The company has a current ratio of 1.07, with a Debt / Equity ratio of 1.02.
| Current Ratio | 1.07 |
| Quick Ratio | 0.50 |
| Debt / Equity | 1.02 |
| Debt / EBITDA | 9.10 |
| Debt / FCF | -6.15 |
| Interest Coverage | 1.37 |
Financial Efficiency
Return on equity (ROE) is -3.01% and return on invested capital (ROIC) is 1.65%.
| Return on Equity (ROE) | -3.01% |
| Return on Assets (ROA) | 0.72% |
| Return on Invested Capital (ROIC) | 1.65% |
| Return on Capital Employed (ROCE) | 2.25% |
| Weighted Average Cost of Capital (WACC) | 5.45% |
| Revenue Per Employee | 2.20M |
| Profits Per Employee | -59,682 |
| Employee Count | 3,937 |
| Asset Turnover | 0.42 |
| Inventory Turnover | 1.58 |
Taxes
| Income Tax | -15.94M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +0.41% in the last 52 weeks. The beta is 0.83, so SHA:600963's price volatility has been lower than the market average.
| Beta (5Y) | 0.83 |
| 52-Week Price Change | +0.41% |
| 50-Day Moving Average | 5.41 |
| 200-Day Moving Average | 4.76 |
| Relative Strength Index (RSI) | 31.12 |
| Average Volume (20 Days) | 61,028,653 |
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:600963 had revenue of CNY 8.67 billion and -234.97 million in losses. Loss per share was -0.13.
| Revenue | 8.67B |
| Gross Profit | 856.07M |
| Operating Income | 237.43M |
| Pretax Income | -249.89M |
| Net Income | -234.97M |
| EBITDA | 843.84M |
| EBIT | 237.43M |
| Loss Per Share | -0.13 |
Balance Sheet
The company has 1.10 billion in cash and 7.77 billion in debt, with a net cash position of -6.67 billion or -3.79 per share.
| Cash & Cash Equivalents | 1.10B |
| Total Debt | 7.77B |
| Net Cash | -6.67B |
| Net Cash Per Share | -3.79 |
| Equity (Book Value) | 7.61B |
| Book Value Per Share | 4.33 |
| Working Capital | 666.42M |
Cash Flow
In the last 12 months, operating cash flow was -476.80 million and capital expenditures -786.35 million, giving a free cash flow of -1.26 billion.
| Operating Cash Flow | -476.80M |
| Capital Expenditures | -786.35M |
| Depreciation & Amortization | 606.41M |
| Net Borrowing | -1.78M |
| Free Cash Flow | -1.26B |
| FCF Per Share | -0.72 |
Margins
Gross margin is 9.88%, with operating and profit margins of 2.74% and -2.71%.
| Gross Margin | 9.88% |
| Operating Margin | 2.74% |
| Pretax Margin | -2.88% |
| Profit Margin | -2.71% |
| EBITDA Margin | 9.74% |
| EBIT Margin | 2.74% |
| FCF Margin | n/a |
Dividends & Yields
This stock pays an annual dividend of 0.03, which amounts to a dividend yield of 0.62%.
| Dividend Per Share | 0.03 |
| Dividend Yield | 0.62% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | 8.00% |
| Shareholder Yield | 8.62% |
| Earnings Yield | -2.76% |
| FCF Yield | -14.82% |
Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | n/a |
| Lynch Upside | n/a |
| Graham Number | n/a |
| Graham Upside | n/a |
Stock Splits
The last stock split was on May 13, 2020. It was a forward split with a ratio of 1.3.
| Last Split Date | May 13, 2020 |
| Split Type | Forward |
| Split Ratio | 1.3 |
Scores
SHA:600963 has an Altman Z-Score of 0.89 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.89 |
| Piotroski F-Score | 3 |