China · Delayed Price · Currency is CNY SHA:600981 Statistics
Total Valuation
SHA:600981 has a market cap or net worth of CNY 5.54 billion. The enterprise value is 12.62 billion.
| Market Cap | 5.54B |
| Enterprise Value | 12.62B |
Important Dates
The next estimated earnings date is Friday, August 28, 2026.
| Earnings Date | Aug 28, 2026 |
| Ex-Dividend Date | n/a |
Share Statistics
SHA:600981 has 2.24 billion shares outstanding. The number of shares has decreased by -23.61% in one year.
| Current Share Class | 2.24B |
| Shares Outstanding | 2.24B |
| Shares Change (YoY) | -23.61% |
| Shares Change (QoQ) | +46.96% |
| Owned by Insiders (%) | 0.24% |
| Owned by Institutions (%) | 3.91% |
| Float | 721.43M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 0.10 |
| 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
The stock's EV/EBITDA ratio is 38.20, with an EV/FCF ratio of -71.94.
| EV / Earnings | -3,656.93 |
| EV / Sales | 0.22 |
| EV / EBITDA | 38.20 |
| EV / EBIT | 85.35 |
| EV / FCF | -71.94 |
Financial Position
The company has a current ratio of 1.24, with a Debt / Equity ratio of 2.46.
| Current Ratio | 1.24 |
| Quick Ratio | 0.59 |
| Debt / Equity | 2.46 |
| Debt / EBITDA | 42.04 |
| Debt / FCF | -79.17 |
| Interest Coverage | 0.47 |
Financial Efficiency
Return on equity (ROE) is 0.17% and return on invested capital (ROIC) is 0.05%.
| Return on Equity (ROE) | 0.17% |
| Return on Assets (ROA) | 0.33% |
| Return on Invested Capital (ROIC) | 0.05% |
| Return on Capital Employed (ROCE) | 1.58% |
| Weighted Average Cost of Capital (WACC) | 2.19% |
| Revenue Per Employee | 18.52M |
| Profits Per Employee | -1,119 |
| Employee Count | 3,085 |
| Asset Turnover | 2.02 |
| Inventory Turnover | 6.63 |
Taxes
In the past 12 months, SHA:600981 has paid 241.73 million in taxes.
| Income Tax | 241.73M |
| Effective Tax Rate | 96.09% |
Stock Price Statistics
The stock price has decreased by -5.73% in the last 52 weeks. The beta is 0.59, so SHA:600981's price volatility has been lower than the market average.
| Beta (5Y) | 0.59 |
| 52-Week Price Change | -5.73% |
| 50-Day Moving Average | 2.89 |
| 200-Day Moving Average | 3.10 |
| Relative Strength Index (RSI) | 26.68 |
| Average Volume (20 Days) | 19,755,698 |
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 57.14 billion and -3.45 million in losses. Loss per share was -0.00.
| Revenue | 57.14B |
| Gross Profit | 1.58B |
| Operating Income | 147.86M |
| Pretax Income | 251.58M |
| Net Income | -3.45M |
| EBITDA | 296.23M |
| EBIT | 147.86M |
| Loss Per Share | -0.00 |
Balance Sheet
The company has 7.47 billion in cash and 13.89 billion in debt, with a net cash position of -6.42 billion or -2.86 per share.
| Cash & Cash Equivalents | 7.47B |
| Total Debt | 13.89B |
| Net Cash | -6.42B |
| Net Cash Per Share | -2.86 |
| Equity (Book Value) | 5.64B |
| Book Value Per Share | 2.22 |
| Working Capital | 4.78B |
Cash Flow
In the last 12 months, operating cash flow was -128.29 million and capital expenditures -47.15 million, giving a free cash flow of -175.44 million.
| Operating Cash Flow | -128.29M |
| Capital Expenditures | -47.15M |
| Depreciation & Amortization | 148.37M |
| Net Borrowing | 449.73M |
| Free Cash Flow | -175.44M |
| FCF Per Share | -0.08 |
Margins
Gross margin is 2.77%, with operating and profit margins of 0.26% and -0.01%.
| Gross Margin | 2.77% |
| Operating Margin | 0.26% |
| Pretax Margin | 0.44% |
| Profit Margin | -0.01% |
| EBITDA Margin | 0.52% |
| EBIT Margin | 0.26% |
| 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 | 23.61% |
| Shareholder Yield | 24.02% |
| Earnings Yield | -0.06% |
| FCF Yield | -3.17% |
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
SHA:600981 has an Altman Z-Score of 2.43 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.43 |
| Piotroski F-Score | 2 |