China · Delayed Price · Currency is CNY SHA:600970 Statistics
Total Valuation
SHA:600970 has a market cap or net worth of CNY 20.00 billion. The enterprise value is 21.93 billion.
| Market Cap | 20.00B |
| Enterprise Value | 21.93B |
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 -0.22% in one year.
| Current Share Class | 2.62B |
| Shares Outstanding | 2.62B |
| Shares Change (YoY) | -0.22% |
| Shares Change (QoQ) | -6.09% |
| Owned by Insiders (%) | 0.10% |
| Owned by Institutions (%) | 10.39% |
| Float | 1.02B |
Valuation Ratios
The trailing PE ratio is 8.38 and the forward PE ratio is 6.81.
| PE Ratio | 8.38 |
| Forward PE | 6.81 |
| PS Ratio | 0.41 |
| PB Ratio | 0.83 |
| P/TBV Ratio | 0.98 |
| P/FCF Ratio | 12.06 |
| P/OCF Ratio | 8.95 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 5.94, with an EV/FCF ratio of 13.22.
| EV / Earnings | 9.24 |
| EV / Sales | 0.45 |
| EV / EBITDA | 5.94 |
| EV / EBIT | 7.08 |
| EV / FCF | 13.22 |
Financial Position
The company has a current ratio of 1.32, with a Debt / Equity ratio of 0.32.
| Current Ratio | 1.32 |
| Quick Ratio | 1.00 |
| Debt / Equity | 0.32 |
| Debt / EBITDA | 2.09 |
| Debt / FCF | 4.65 |
| Interest Coverage | 21.07 |
Financial Efficiency
Return on equity (ROE) is 10.67% and return on invested capital (ROIC) is 10.53%.
| Return on Equity (ROE) | 10.67% |
| Return on Assets (ROA) | 3.12% |
| Return on Invested Capital (ROIC) | 10.53% |
| Return on Capital Employed (ROCE) | 11.11% |
| Weighted Average Cost of Capital (WACC) | 5.02% |
| Revenue Per Employee | 3.24M |
| Profits Per Employee | 156,221 |
| Employee Count | 15,201 |
| Asset Turnover | 0.79 |
| Inventory Turnover | 12.30 |
Taxes
In the past 12 months, SHA:600970 has paid 546.74 million in taxes.
| Income Tax | 546.74M |
| Effective Tax Rate | 17.76% |
Stock Price Statistics
The stock price has decreased by -12.20% in the last 52 weeks. The beta is 0.38, so SHA:600970's price volatility has been lower than the market average.
| Beta (5Y) | 0.38 |
| 52-Week Price Change | -12.20% |
| 50-Day Moving Average | 7.77 |
| 200-Day Moving Average | 9.21 |
| Relative Strength Index (RSI) | 43.94 |
| Average Volume (20 Days) | 13,400,263 |
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 49.18 billion and earned 2.37 billion in profits. Earnings per share was 0.91.
| Revenue | 49.18B |
| Gross Profit | 9.06B |
| Operating Income | 3.10B |
| Pretax Income | 3.08B |
| Net Income | 2.37B |
| EBITDA | 3.67B |
| EBIT | 3.10B |
| Earnings Per Share (EPS) | 0.91 |
Balance Sheet
The company has 7.43 billion in cash and 7.71 billion in debt, with a net cash position of -274.38 million or -0.10 per share.
| Cash & Cash Equivalents | 7.43B |
| Total Debt | 7.71B |
| Net Cash | -274.38M |
| Net Cash Per Share | -0.10 |
| Equity (Book Value) | 24.22B |
| Book Value Per Share | 8.61 |
| Working Capital | 11.63B |
Cash Flow
In the last 12 months, operating cash flow was 2.23 billion and capital expenditures -575.06 million, giving a free cash flow of 1.66 billion.
| Operating Cash Flow | 2.23B |
| Capital Expenditures | -575.06M |
| Depreciation & Amortization | 570.03M |
| Net Borrowing | -359.24M |
| Free Cash Flow | 1.66B |
| FCF Per Share | 0.63 |
Margins
Gross margin is 18.41%, with operating and profit margins of 6.30% and 4.83%.
| Gross Margin | 18.41% |
| Operating Margin | 6.30% |
| Pretax Margin | 6.26% |
| Profit Margin | 4.83% |
| EBITDA Margin | 7.45% |
| EBIT Margin | 6.30% |
| FCF Margin | 3.37% |
Dividends & Yields
This stock pays an annual dividend of 0.48, which amounts to a dividend yield of 6.25%.
| Dividend Per Share | 0.48 |
| Dividend Yield | 6.25% |
| Dividend Growth (YoY) | 6.67% |
| Years of Dividend Growth | 3 |
| Payout Ratio | 61.17% |
| FCF Payout Ratio | 75.87% |
| Buyback Yield | 0.22% |
| Shareholder Yield | 6.51% |
| Earnings Yield | 11.87% |
| FCF Yield | 8.29% |
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 38.67% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | 10.65 |
| Price Target Difference | 38.67% |
| 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
SHA:600970 has an Altman Z-Score of 1.96 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.96 |
| Piotroski F-Score | 4 |