China · Delayed Price · Currency is CNY SHA:600973 Statistics
Total Valuation
SHA:600973 has a market cap or net worth of CNY 9.15 billion. The enterprise value is 18.11 billion.
| Market Cap | 9.15B |
| Enterprise Value | 18.11B |
Important Dates
The last earnings date was 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 increased by 7.33% in one year.
| Current Share Class | 1.37B |
| Shares Outstanding | 1.37B |
| Shares Change (YoY) | +7.33% |
| Shares Change (QoQ) | +18.53% |
| Owned by Insiders (%) | 1.80% |
| Owned by Institutions (%) | 7.59% |
| Float | 801.34M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 0.19 |
| PB Ratio | 2.10 |
| P/TBV Ratio | 3.23 |
| P/FCF Ratio | 15.98 |
| P/OCF Ratio | 11.27 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 19.80, with an EV/FCF ratio of 31.64.
| EV / Earnings | -412.65 |
| EV / Sales | 0.38 |
| EV / EBITDA | 19.80 |
| EV / EBIT | 36.17 |
| EV / FCF | 31.64 |
Financial Position
The company has a current ratio of 1.09, with a Debt / Equity ratio of 2.57.
| Current Ratio | 1.09 |
| Quick Ratio | 0.69 |
| Debt / Equity | 2.57 |
| Debt / EBITDA | 12.22 |
| Debt / FCF | 19.53 |
| Interest Coverage | 1.37 |
Financial Efficiency
Return on equity (ROE) is -0.38% and return on invested capital (ROIC) is -2.49%.
| Return on Equity (ROE) | -0.38% |
| Return on Assets (ROA) | 1.49% |
| Return on Invested Capital (ROIC) | -2.49% |
| Return on Capital Employed (ROCE) | 7.11% |
| Weighted Average Cost of Capital (WACC) | 0.65% |
| Revenue Per Employee | 7.40M |
| Profits Per Employee | -6,774 |
| Employee Count | 6,479 |
| Asset Turnover | 2.29 |
| Inventory Turnover | 12.79 |
Taxes
In the past 12 months, SHA:600973 has paid 40.12 million in taxes.
| Income Tax | 40.12M |
| Effective Tax Rate | 165.63% |
Stock Price Statistics
The stock price has increased by +22.84% in the last 52 weeks. The beta is -0.03, so SHA:600973's price volatility has been lower than the market average.
| Beta (5Y) | -0.03 |
| 52-Week Price Change | +22.84% |
| 50-Day Moving Average | 7.32 |
| 200-Day Moving Average | 6.00 |
| Relative Strength Index (RSI) | 43.95 |
| Average Volume (20 Days) | 39,911,769 |
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 47.96 billion and -43.89 million in losses. Loss per share was -0.03.
| Revenue | 47.96B |
| Gross Profit | 2.02B |
| Operating Income | 500.76M |
| Pretax Income | 24.22M |
| Net Income | -43.89M |
| EBITDA | 897.46M |
| EBIT | 500.76M |
| Loss Per Share | -0.03 |
Balance Sheet
The company has 2.90 billion in cash and 11.18 billion in debt, with a net cash position of -8.27 billion or -6.03 per share.
| Cash & Cash Equivalents | 2.90B |
| Total Debt | 11.18B |
| Net Cash | -8.27B |
| Net Cash Per Share | -6.03 |
| Equity (Book Value) | 4.35B |
| Book Value Per Share | 2.67 |
| Working Capital | 1.29B |
Cash Flow
In the last 12 months, operating cash flow was 811.89 million and capital expenditures -239.47 million, giving a free cash flow of 572.42 million.
| Operating Cash Flow | 811.89M |
| Capital Expenditures | -239.47M |
| Depreciation & Amortization | 396.70M |
| Net Borrowing | 213.76M |
| Free Cash Flow | 572.42M |
| FCF Per Share | 0.42 |
Margins
Gross margin is 4.21%, with operating and profit margins of 1.04% and -0.09%.
| Gross Margin | 4.21% |
| Operating Margin | 1.04% |
| Pretax Margin | 0.05% |
| Profit Margin | -0.09% |
| EBITDA Margin | 1.87% |
| EBIT Margin | 1.04% |
| FCF Margin | 1.19% |
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 | -7.33% |
| Shareholder Yield | -7.33% |
| Earnings Yield | -0.48% |
| FCF Yield | 6.26% |
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 2.7 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.7 |
| Piotroski F-Score | 5 |