China · Delayed Price · Currency is CNY SHA:600981 Statistics
Total Valuation
SHA:600981 has a market cap or net worth of CNY 5.29 billion. The enterprise value is 14.02 billion.
| Market Cap | 5.29B |
| Enterprise Value | 14.02B |
Important Dates
The last earnings date was Friday, August 28, 2026.
| Earnings Date | Aug 28, 2026 |
| Ex-Dividend Date | Jul 15, 2026 |
Share Statistics
SHA:600981 has 2.24 billion shares outstanding. The number of shares has decreased by -44.49% in one year.
| Current Share Class | 2.24B |
| Shares Outstanding | 2.24B |
| Shares Change (YoY) | -44.49% |
| Shares Change (QoQ) | -63.68% |
| Owned by Insiders (%) | 0.18% |
| Owned by Institutions (%) | 2.76% |
| Float | 726.84M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 0.09 |
| PB Ratio | 0.98 |
| P/TBV Ratio | 1.29 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 0.24 |
| EV / EBITDA | 36.83 |
| EV / EBIT | 67.86 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.23, with a Debt / Equity ratio of 2.71.
| Current Ratio | 1.23 |
| Quick Ratio | 0.56 |
| Debt / Equity | 2.71 |
| Debt / EBITDA | 38.50 |
| Debt / FCF | -17.14 |
| Interest Coverage | 0.64 |
Financial Efficiency
Return on equity (ROE) is -6.41% and return on invested capital (ROIC) is 1.62%.
| Return on Equity (ROE) | -6.41% |
| Return on Assets (ROA) | 0.46% |
| Return on Invested Capital (ROIC) | 1.62% |
| Return on Capital Employed (ROCE) | 2.26% |
| Weighted Average Cost of Capital (WACC) | 3.04% |
| Revenue Per Employee | 18.66M |
| Profits Per Employee | -103,519 |
| Employee Count | 3,085 |
| Asset Turnover | 2.04 |
| Inventory Turnover | 6.60 |
Taxes
In the past 12 months, SHA:600981 has paid 101.55 million in taxes.
| Income Tax | 101.55M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -26.02% in the last 52 weeks. The beta is 0.44, so SHA:600981's price volatility has been lower than the market average.
| Beta (5Y) | 0.44 |
| 52-Week Price Change | -26.02% |
| 50-Day Moving Average | 2.38 |
| 200-Day Moving Average | 2.87 |
| Relative Strength Index (RSI) | 39.53 |
| Average Volume (20 Days) | 16,386,052 |
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:600981 had revenue of CNY 57.57 billion and -319.35 million in losses. Loss per share was -0.20.
| Revenue | 57.57B |
| Gross Profit | 1.67B |
| Operating Income | 206.61M |
| Pretax Income | -259.16M |
| Net Income | -319.35M |
| EBITDA | 344.25M |
| EBIT | 206.61M |
| Loss Per Share | -0.20 |
Balance Sheet
The company has 6.55 billion in cash and 14.66 billion in debt, with a net cash position of -8.11 billion or -3.62 per share.
| Cash & Cash Equivalents | 6.55B |
| Total Debt | 14.66B |
| Net Cash | -8.11B |
| Net Cash Per Share | -3.62 |
| Equity (Book Value) | 5.42B |
| Book Value Per Share | 4.01 |
| Working Capital | 4.70B |
Cash Flow
In the last 12 months, operating cash flow was -800.62 million and capital expenditures -54.38 million, giving a free cash flow of -855.00 million.
| Operating Cash Flow | -800.62M |
| Capital Expenditures | -54.38M |
| Depreciation & Amortization | 137.64M |
| Net Borrowing | 462.07M |
| Free Cash Flow | -855.00M |
| FCF Per Share | -0.38 |
Margins
Gross margin is 2.90%, with operating and profit margins of 0.36% and -0.55%.
| Gross Margin | 2.90% |
| Operating Margin | 0.36% |
| Pretax Margin | -0.45% |
| Profit Margin | -0.55% |
| EBITDA Margin | 0.60% |
| EBIT Margin | 0.36% |
| FCF Margin | n/a |
Dividends & Yields
This stock pays an annual dividend of 0.01, which amounts to a dividend yield of 0.40%.
| Dividend Per Share | 0.01 |
| Dividend Yield | 0.40% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | 44.49% |
| Shareholder Yield | 44.90% |
| Earnings Yield | -6.03% |
| FCF Yield | -16.16% |
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
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 2 |