China · Delayed Price · Currency is CNY SHA:600973 Statistics
Total Valuation
SHA:600973 has a market cap or net worth of CNY 10.60 billion. The enterprise value is 20.85 billion.
| Market Cap | 10.60B |
| Enterprise Value | 20.85B |
Important Dates
The next estimated earnings date is Saturday, March 14, 2026.
| Earnings Date | Mar 14, 2026 |
| Ex-Dividend Date | n/a |
Share Statistics
SHA:600973 has 1.37 billion shares outstanding. The number of shares has decreased by -12.66% in one year.
| Current Share Class | 1.37B |
| Shares Outstanding | 1.37B |
| Shares Change (YoY) | -12.66% |
| Shares Change (QoQ) | +3.78% |
| Owned by Insiders (%) | 1.07% |
| Owned by Institutions (%) | 1.42% |
| Float | 742.71M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 0.22 |
| PB Ratio | 2.47 |
| P/TBV Ratio | 3.90 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 29.54, with an EV/FCF ratio of -50.78.
| EV / Earnings | -78.56 |
| EV / Sales | 0.43 |
| EV / EBITDA | 29.54 |
| EV / EBIT | 235.10 |
| EV / FCF | -50.78 |
Financial Position
The company has a current ratio of 1.09, with a Debt / Equity ratio of 2.98.
| Current Ratio | 1.09 |
| Quick Ratio | 0.82 |
| Debt / Equity | 2.98 |
| Debt / EBITDA | 18.13 |
| Debt / FCF | -31.17 |
| Interest Coverage | 0.21 |
Financial Efficiency
Return on equity (ROE) is -5.42% and return on invested capital (ROIC) is 0.66%.
| Return on Equity (ROE) | -5.42% |
| Return on Assets (ROA) | 0.24% |
| Return on Invested Capital (ROIC) | 0.66% |
| Return on Capital Employed (ROCE) | 1.24% |
| Weighted Average Cost of Capital (WACC) | 3.25% |
| Revenue Per Employee | 7.50M |
| Profits Per Employee | -40,957 |
| Employee Count | 6,479 |
| Asset Turnover | 2.12 |
| Inventory Turnover | 17.24 |
Taxes
| Income Tax | -28.25M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +52.17% in the last 52 weeks. The beta is -0.04, so SHA:600973's price volatility has been lower than the market average.
| Beta (5Y) | -0.04 |
| 52-Week Price Change | +52.17% |
| 50-Day Moving Average | 6.59 |
| 200-Day Moving Average | 5.52 |
| Relative Strength Index (RSI) | 55.70 |
| Average Volume (20 Days) | 141,701,976 |
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:600973 had revenue of CNY 48.57 billion and -265.36 million in losses. Loss per share was -0.20.
| Revenue | 48.57B |
| Gross Profit | 2.07B |
| Operating Income | 88.67M |
| Pretax Income | -280.50M |
| Net Income | -265.36M |
| EBITDA | 688.67M |
| EBIT | 88.67M |
| Loss Per Share | -0.20 |
Balance Sheet
The company has 3.27 billion in cash and 12.80 billion in debt, with a net cash position of -9.53 billion or -6.95 per share.
| Cash & Cash Equivalents | 3.27B |
| Total Debt | 12.80B |
| Net Cash | -9.53B |
| Net Cash Per Share | -6.95 |
| Equity (Book Value) | 4.29B |
| Book Value Per Share | 2.61 |
| Working Capital | 1.31B |
Cash Flow
In the last 12 months, operating cash flow was -166.84 million and capital expenditures -243.68 million, giving a free cash flow of -410.51 million.
| Operating Cash Flow | -166.84M |
| Capital Expenditures | -243.68M |
| Free Cash Flow | -410.51M |
| FCF Per Share | -0.30 |
Margins
Gross margin is 4.26%, with operating and profit margins of 0.18% and -0.55%.
| Gross Margin | 4.26% |
| Operating Margin | 0.18% |
| Pretax Margin | -0.58% |
| Profit Margin | -0.55% |
| EBITDA Margin | 1.42% |
| EBIT Margin | 0.18% |
| FCF Margin | n/a |
Dividends & Yields
SHA:600973 does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | 12.66% |
| Shareholder Yield | 12.66% |
| Earnings Yield | -2.50% |
| FCF Yield | -3.87% |
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 16, 2017. It was a forward split with a ratio of 1.35000135.
| Last Split Date | May 16, 2017 |
| Split Type | Forward |
| Split Ratio | 1.35000135 |
Scores
SHA:600973 has an Altman Z-Score of 2.6 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.6 |
| Piotroski F-Score | 4 |