SHA:600973 Statistics

Total Valuation

SHA:600973 has a market cap or net worth of CNY 6.56 billion. The enterprise value is 16.98 billion.

Market Cap	6.56B
Enterprise Value	16.98B

Important Dates

The last earnings date was Wednesday, April 30, 2025.

Earnings Date	Apr 30, 2025
Ex-Dividend Date	n/a

Share Statistics

SHA:600973 has 1.37 billion shares outstanding. The number of shares has decreased by -12.41% in one year.

Current Share Class	1.37B
Shares Outstanding	1.37B
Shares Change (YoY)	-12.41%
Shares Change (QoQ)	+3.47%
Owned by Insiders (%)	1.07%
Owned by Institutions (%)	2.01%
Float	742.71M

Valuation Ratios

PE Ratio	n/a
Forward PE	7.84
PS Ratio	0.14
PB Ratio	1.56
P/TBV Ratio	2.50
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 26.81, with an EV/FCF ratio of -17.71.

EV / Earnings	-57.02
EV / Sales	0.35
EV / EBITDA	26.81
EV / EBIT	n/a
EV / FCF	-17.71

Financial Position

The company has a current ratio of 1.08, with a Debt / Equity ratio of 3.26.

Current Ratio	1.08
Quick Ratio	0.79
Debt / Equity	3.26
Debt / EBITDA	21.65
Debt / FCF	-14.31
Interest Coverage	0.07

Financial Efficiency

Return on equity (ROE) is -6.66% and return on invested capital (ROIC) is 0.11%.

Return on Equity (ROE)	-6.66%
Return on Assets (ROA)	0.09%
Return on Invested Capital (ROIC)	0.11%
Return on Capital Employed (ROCE)	0.45%
Revenue Per Employee	7.47M
Profits Per Employee	-45,955
Employee Count	6,479
Asset Turnover	2.15
Inventory Turnover	15.11

Taxes

Income Tax	n/a
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +11.42% in the last 52 weeks. The beta is -0.07, so SHA:600973's price volatility has been lower than the market average.

Beta (5Y)	-0.07
52-Week Price Change	+11.42%
50-Day Moving Average	4.84
200-Day Moving Average	4.34
Relative Strength Index (RSI)	53.37
Average Volume (20 Days)	34,956,874

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 48.37 billion and -297.74 million in losses. Loss per share was -0.22.

Revenue	48.37B
Gross Profit	2.09B
Operating Income	32.39M
Pretax Income	-341.18M
Net Income	-297.74M
EBITDA	616.32M
EBIT	32.39M
Loss Per Share	-0.22

Full Income Statement

Balance Sheet

The company has 4.01 billion in cash and 13.71 billion in debt, giving a net cash position of -9.70 billion or -7.07 per share.

Cash & Cash Equivalents	4.01B
Total Debt	13.71B
Net Cash	-9.70B
Net Cash Per Share	-7.07
Equity (Book Value)	4.21B
Book Value Per Share	2.54
Working Capital	1.24B

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -712.45 million and capital expenditures -246.10 million, giving a free cash flow of -958.56 million.

Operating Cash Flow	-712.45M
Capital Expenditures	-246.10M
Free Cash Flow	-958.56M
FCF Per Share	-0.70

Full Cash Flow Statement

Margins

Gross margin is 4.32%, with operating and profit margins of 0.07% and -0.62%.

Gross Margin	4.32%
Operating Margin	0.07%
Pretax Margin	-0.71%
Profit Margin	-0.62%
EBITDA Margin	1.27%
EBIT Margin	0.07%
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	12.41%
Shareholder Yield	12.41%
Earnings Yield	-4.54%
FCF Yield	-14.62%

Dividend Details

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 2.42. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	2.42
Piotroski F-Score	n/a