China · Delayed Price · Currency is CNY SHA:600988 Statistics
Total Valuation
SHA:600988 has a market cap or net worth of CNY 68.39 billion. The enterprise value is 67.42 billion.
| Market Cap | 68.39B |
| Enterprise Value | 67.42B |
Important Dates
The next estimated earnings date is Saturday, March 21, 2026.
| Earnings Date | Mar 21, 2026 |
| Ex-Dividend Date | n/a |
Share Statistics
SHA:600988 has 1.89 billion shares outstanding. The number of shares has increased by 6.35% in one year.
| Current Share Class | 1.65B |
| Shares Outstanding | 1.89B |
| Shares Change (YoY) | +6.35% |
| Shares Change (QoQ) | +1.90% |
| Owned by Insiders (%) | 14.07% |
| Owned by Institutions (%) | 21.29% |
| Float | 1.38B |
Valuation Ratios
The trailing PE ratio is 24.05 and the forward PE ratio is 20.04.
| PE Ratio | 24.05 |
| Forward PE | 20.04 |
| PS Ratio | 5.97 |
| PB Ratio | 4.41 |
| P/TBV Ratio | 11.43 |
| P/FCF Ratio | 30.15 |
| P/OCF Ratio | 15.90 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 12.35, with an EV/FCF ratio of 29.72.
| EV / Earnings | 24.81 |
| EV / Sales | 5.89 |
| EV / EBITDA | 12.35 |
| EV / EBIT | 15.50 |
| EV / FCF | 29.72 |
Financial Position
The company has a current ratio of 2.94, with a Debt / Equity ratio of 0.07.
| Current Ratio | 2.94 |
| Quick Ratio | 1.94 |
| Debt / Equity | 0.07 |
| Debt / EBITDA | 0.19 |
| Debt / FCF | 0.47 |
| Interest Coverage | 31.67 |
Financial Efficiency
Return on equity (ROE) is 24.03% and return on invested capital (ROIC) is 27.09%.
| Return on Equity (ROE) | 24.03% |
| Return on Assets (ROA) | 12.54% |
| Return on Invested Capital (ROIC) | 27.09% |
| Return on Capital Employed (ROCE) | 21.34% |
| Weighted Average Cost of Capital (WACC) | 7.69% |
| Revenue Per Employee | 1.66M |
| Profits Per Employee | 393,164 |
| Employee Count | 7,066 |
| Asset Turnover | 0.53 |
| Inventory Turnover | 2.21 |
Taxes
In the past 12 months, SHA:600988 has paid 1.23 billion in taxes.
| Income Tax | 1.23B |
| Effective Tax Rate | 28.84% |
Stock Price Statistics
The stock price has increased by +90.87% in the last 52 weeks. The beta is 0.62, so SHA:600988's price volatility has been lower than the market average.
| Beta (5Y) | 0.62 |
| 52-Week Price Change | +90.87% |
| 50-Day Moving Average | 34.08 |
| 200-Day Moving Average | 28.97 |
| Relative Strength Index (RSI) | 49.51 |
| Average Volume (20 Days) | 109,063,037 |
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:600988 had revenue of CNY 11.45 billion and earned 2.72 billion in profits. Earnings per share was 1.54.
| Revenue | 11.45B |
| Gross Profit | 5.65B |
| Operating Income | 4.35B |
| Pretax Income | 4.28B |
| Net Income | 2.72B |
| EBITDA | 5.42B |
| EBIT | 4.35B |
| Earnings Per Share (EPS) | 1.54 |
Balance Sheet
The company has 5.03 billion in cash and 1.06 billion in debt, with a net cash position of 3.98 billion or 2.11 per share.
| Cash & Cash Equivalents | 5.03B |
| Total Debt | 1.06B |
| Net Cash | 3.98B |
| Net Cash Per Share | 2.11 |
| Equity (Book Value) | 15.53B |
| Book Value Per Share | 6.64 |
| Working Capital | 5.97B |
Cash Flow
In the last 12 months, operating cash flow was 4.30 billion and capital expenditures -2.03 billion, giving a free cash flow of 2.27 billion.
| Operating Cash Flow | 4.30B |
| Capital Expenditures | -2.03B |
| Free Cash Flow | 2.27B |
| FCF Per Share | 1.20 |
Margins
Gross margin is 49.39%, with operating and profit margins of 38.00% and 23.74%.
| Gross Margin | 49.39% |
| Operating Margin | 38.00% |
| Pretax Margin | 37.35% |
| Profit Margin | 23.74% |
| EBITDA Margin | 47.34% |
| EBIT Margin | 38.00% |
| FCF Margin | 19.81% |
Dividends & Yields
This stock pays an annual dividend of 0.16, which amounts to a dividend yield of 0.43%.
| Dividend Per Share | 0.16 |
| Dividend Yield | 0.43% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | 2 |
| Payout Ratio | 14.36% |
| Buyback Yield | -6.35% |
| Shareholder Yield | -5.92% |
| Earnings Yield | 3.97% |
| FCF Yield | 3.32% |
Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | |
| Lynch Upside | |
| Graham Number | |
| Graham Upside |
Stock Splits
The last stock split was on October 25, 2017. It was a forward split with a ratio of 2.
| Last Split Date | Oct 25, 2017 |
| Split Type | Forward |
| Split Ratio | 2 |
Scores
SHA:600988 has an Altman Z-Score of 4.87 and a Piotroski F-Score of 8.
| Altman Z-Score | 4.87 |
| Piotroski F-Score | 8 |