China · Delayed Price · Currency is CNY SHA:600970 Statistics
Total Valuation
SHA:600970 has a market cap or net worth of CNY 22.02 billion. The enterprise value is 22.52 billion.
| Market Cap | 22.02B |
| Enterprise Value | 22.52B |
Important Dates
The next estimated earnings date is Monday, August 24, 2026.
| Earnings Date | Aug 24, 2026 |
| Ex-Dividend Date | Jun 11, 2026 |
Share Statistics
SHA:600970 has 2.62 billion shares outstanding. The number of shares has decreased by -0.46% in one year.
| Current Share Class | 2.62B |
| Shares Outstanding | 2.62B |
| Shares Change (YoY) | -0.46% |
| Shares Change (QoQ) | +1.77% |
| Owned by Insiders (%) | 0.10% |
| Owned by Institutions (%) | 10.10% |
| Float | 1.08B |
Valuation Ratios
The trailing PE ratio is 8.33 and the forward PE ratio is 7.00.
| PE Ratio | 8.33 |
| Forward PE | 7.00 |
| PS Ratio | 0.45 |
| PB Ratio | 0.88 |
| P/TBV Ratio | 1.04 |
| P/FCF Ratio | 11.75 |
| P/OCF Ratio | 9.05 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 6.15, with an EV/FCF ratio of 12.01.
| EV / Earnings | 8.49 |
| EV / Sales | 0.46 |
| EV / EBITDA | 6.15 |
| EV / EBIT | 7.36 |
| EV / FCF | 12.01 |
Financial Position
The company has a current ratio of 1.36, with a Debt / Equity ratio of 0.23.
| Current Ratio | 1.36 |
| Quick Ratio | 0.97 |
| Debt / Equity | 0.23 |
| Debt / EBITDA | 1.60 |
| Debt / FCF | 3.13 |
| Interest Coverage | 17.60 |
Financial Efficiency
Return on equity (ROE) is 11.75% and return on invested capital (ROIC) is 11.04%.
| Return on Equity (ROE) | 11.75% |
| Return on Assets (ROA) | 3.14% |
| Return on Invested Capital (ROIC) | 11.04% |
| Return on Capital Employed (ROCE) | 10.76% |
| Weighted Average Cost of Capital (WACC) | 5.35% |
| Revenue Per Employee | 3.22M |
| Profits Per Employee | 174,578 |
| Employee Count | 15,201 |
| Asset Turnover | 0.80 |
| Inventory Turnover | 13.69 |
Taxes
In the past 12 months, SHA:600970 has paid 526.79 million in taxes.
| Income Tax | 526.79M |
| Effective Tax Rate | 15.59% |
Stock Price Statistics
The stock price has decreased by -8.99% 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 | -8.99% |
| 50-Day Moving Average | 9.53 |
| 200-Day Moving Average | 9.78 |
| Relative Strength Index (RSI) | 35.01 |
| Average Volume (20 Days) | 21,335,941 |
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 48.96 billion and earned 2.65 billion in profits. Earnings per share was 1.01.
| Revenue | 48.96B |
| Gross Profit | 8.99B |
| Operating Income | 3.06B |
| Pretax Income | 3.38B |
| Net Income | 2.65B |
| EBITDA | 3.63B |
| EBIT | 3.06B |
| Earnings Per Share (EPS) | 1.01 |
Balance Sheet
The company has 7.07 billion in cash and 5.87 billion in debt, with a net cash position of 1.21 billion or 0.46 per share.
| Cash & Cash Equivalents | 7.07B |
| Total Debt | 5.87B |
| Net Cash | 1.21B |
| Net Cash Per Share | 0.46 |
| Equity (Book Value) | 25.10B |
| Book Value Per Share | 8.92 |
| Working Capital | 12.73B |
Cash Flow
In the last 12 months, operating cash flow was 2.43 billion and capital expenditures -558.79 million, giving a free cash flow of 1.87 billion.
| Operating Cash Flow | 2.43B |
| Capital Expenditures | -558.79M |
| Depreciation & Amortization | 571.39M |
| Net Borrowing | -139.33M |
| Free Cash Flow | 1.87B |
| FCF Per Share | 0.72 |
Margins
Gross margin is 18.36%, with operating and profit margins of 6.25% and 5.42%.
| Gross Margin | 18.36% |
| Operating Margin | 6.25% |
| Pretax Margin | 6.90% |
| Profit Margin | 5.42% |
| EBITDA Margin | 7.42% |
| EBIT Margin | 6.25% |
| FCF Margin | 3.83% |
Dividends & Yields
This stock pays an annual dividend of 0.48, which amounts to a dividend yield of 5.71%.
| Dividend Per Share | 0.48 |
| Dividend Yield | 5.71% |
| Dividend Growth (YoY) | 6.67% |
| Years of Dividend Growth | 3 |
| Payout Ratio | 51.86% |
| Buyback Yield | 0.46% |
| Shareholder Yield | 6.17% |
| Earnings Yield | 12.05% |
| FCF Yield | 8.51% |
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 12.74, which is 51.67% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | 12.74 |
| Price Target Difference | 51.67% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 6 |
| Revenue Growth Forecast (3Y) | 5.74% |
| 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 1.99 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.99 |
| Piotroski F-Score | 5 |