China · Delayed Price · Currency is CNY SHA:600970 Statistics
Total Valuation
SHA:600970 has a market cap or net worth of CNY 20.42 billion. The enterprise value is 22.35 billion.
| Market Cap | 20.42B |
| Enterprise Value | 22.35B |
Important Dates
The next confirmed earnings date is Thursday, October 22, 2026.
| Earnings Date | Oct 22, 2026 |
| Ex-Dividend Date | Jun 11, 2026 |
Share Statistics
SHA:600970 has 2.62 billion shares outstanding. The number of shares has decreased by -0.08% in one year.
| Current Share Class | 2.62B |
| Shares Outstanding | 2.62B |
| Shares Change (YoY) | -0.08% |
| Shares Change (QoQ) | +7.39% |
| Owned by Insiders (%) | 0.04% |
| Owned by Institutions (%) | 8.95% |
| Float | 1.03B |
Valuation Ratios
The trailing PE ratio is 9.86 and the forward PE ratio is 6.95.
| PE Ratio | 9.86 |
| Forward PE | 6.95 |
| PS Ratio | 0.42 |
| PB Ratio | 0.83 |
| P/TBV Ratio | 0.98 |
| P/FCF Ratio | 9.76 |
| P/OCF Ratio | 7.74 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 6.05, with an EV/FCF ratio of 10.68.
| EV / Earnings | 10.77 |
| EV / Sales | 0.46 |
| EV / EBITDA | 6.05 |
| EV / EBIT | 7.32 |
| EV / FCF | 10.68 |
Financial Position
The company has a current ratio of 1.32, with a Debt / Equity ratio of 0.30.
| Current Ratio | 1.32 |
| Quick Ratio | 0.92 |
| Debt / Equity | 0.30 |
| Debt / EBITDA | 1.98 |
| Debt / FCF | 3.49 |
| Interest Coverage | 80.71 |
Financial Efficiency
Return on equity (ROE) is 9.13% and return on invested capital (ROIC) is 10.14%.
| Return on Equity (ROE) | 9.13% |
| Return on Assets (ROA) | 3.02% |
| Return on Invested Capital (ROIC) | 10.14% |
| Return on Capital Employed (ROCE) | 10.76% |
| Weighted Average Cost of Capital (WACC) | 4.64% |
| Revenue Per Employee | 3.19M |
| Profits Per Employee | 136,575 |
| Employee Count | 15,201 |
| Asset Turnover | 0.77 |
| Inventory Turnover | 11.75 |
Taxes
In the past 12 months, SHA:600970 has paid 521.98 million in taxes.
| Income Tax | 521.98M |
| Effective Tax Rate | 19.08% |
Stock Price Statistics
The stock price has decreased by -17.74% in the last 52 weeks. The beta is 0.34, so SHA:600970's price volatility has been lower than the market average.
| Beta (5Y) | 0.34 |
| 52-Week Price Change | -17.74% |
| 50-Day Moving Average | 7.77 |
| 200-Day Moving Average | 9.12 |
| Relative Strength Index (RSI) | 50.50 |
| Average Volume (20 Days) | 14,761,037 |
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:600970 had revenue of CNY 48.54 billion and earned 2.08 billion in profits. Earnings per share was 0.79.
| Revenue | 48.54B |
| Gross Profit | 8.92B |
| Operating Income | 3.05B |
| Pretax Income | 2.74B |
| Net Income | 2.08B |
| EBITDA | 3.65B |
| EBIT | 3.05B |
| Earnings Per Share (EPS) | 0.79 |
Balance Sheet
The company has 7.67 billion in cash and 7.29 billion in debt, with a net cash position of 378.82 million or 0.14 per share.
| Cash & Cash Equivalents | 7.67B |
| Total Debt | 7.29B |
| Net Cash | 378.82M |
| Net Cash Per Share | 0.14 |
| Equity (Book Value) | 24.60B |
| Book Value Per Share | 8.50 |
| Working Capital | 11.79B |
Cash Flow
In the last 12 months, operating cash flow was 2.64 billion and capital expenditures -546.03 million, giving a free cash flow of 2.09 billion.
| Operating Cash Flow | 2.64B |
| Capital Expenditures | -546.03M |
| Depreciation & Amortization | 592.53M |
| Net Borrowing | 295.78M |
| Free Cash Flow | 2.09B |
| FCF Per Share | 0.80 |
Margins
Gross margin is 18.37%, with operating and profit margins of 6.29% and 4.28%.
| Gross Margin | 18.37% |
| Operating Margin | 6.29% |
| Pretax Margin | 5.64% |
| Profit Margin | 4.28% |
| EBITDA Margin | 7.51% |
| EBIT Margin | 6.29% |
| FCF Margin | 4.31% |
Dividends & Yields
This stock pays an annual dividend of 0.48, which amounts to a dividend yield of 6.16%.
| Dividend Per Share | 0.48 |
| Dividend Yield | 6.16% |
| Dividend Growth (YoY) | 6.67% |
| Years of Dividend Growth | 3 |
| Payout Ratio | 71.75% |
| FCF Payout Ratio | 75.87% |
| Buyback Yield | 0.08% |
| Shareholder Yield | 6.24% |
| Earnings Yield | 10.16% |
| FCF Yield | 10.25% |
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:600970 is 10.65, which is 36.71% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | 10.65 |
| Price Target Difference | 36.71% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 6 |
| Revenue Growth Forecast (3Y) | 4.26% |
| EPS Growth Forecast (3Y) | n/a |
Stock Splits
The last stock split was on May 30, 2016. It was a forward split with a ratio of 1.5.
| Last Split Date | May 30, 2016 |
| Split Type | Forward |
| Split Ratio | 1.5 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 4 |