China · Delayed Price · Currency is CNY SHA:600988 Statistics
Total Valuation
SHA:600988 has a market cap or net worth of CNY 72.57 billion. The enterprise value is 70.69 billion.
| Market Cap | 72.57B |
| Enterprise Value | 70.69B |
Important Dates
The next confirmed earnings date is Saturday, October 24, 2026.
| Earnings Date | Oct 24, 2026 |
| Ex-Dividend Date | May 27, 2026 |
Share Statistics
SHA:600988 has 1.89 billion shares outstanding. The number of shares has increased by 10.97% in one year.
| Current Share Class | 1.65B |
| Shares Outstanding | 1.89B |
| Shares Change (YoY) | +10.97% |
| Shares Change (QoQ) | -1.60% |
| Owned by Insiders (%) | 14.08% |
| Owned by Institutions (%) | 33.43% |
| Float | 1.47B |
Valuation Ratios
The trailing PE ratio is 20.14 and the forward PE ratio is 14.80.
| PE Ratio | 20.14 |
| Forward PE | 14.80 |
| PS Ratio | 5.04 |
| PB Ratio | 4.08 |
| P/TBV Ratio | 8.96 |
| P/FCF Ratio | 23.73 |
| P/OCF Ratio | 12.46 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 9.38, with an EV/FCF ratio of 23.12.
| EV / Earnings | 19.07 |
| EV / Sales | 4.91 |
| EV / EBITDA | 9.38 |
| EV / EBIT | 11.04 |
| EV / FCF | 23.12 |
Financial Position
The company has a current ratio of 3.40, with a Debt / Equity ratio of 0.04.
| Current Ratio | 3.40 |
| Quick Ratio | 2.29 |
| Debt / Equity | 0.04 |
| Debt / EBITDA | 0.11 |
| Debt / FCF | 0.26 |
| Interest Coverage | 246.38 |
Financial Efficiency
Return on equity (ROE) is 26.42% and return on invested capital (ROIC) is 36.11%.
| Return on Equity (ROE) | 26.42% |
| Return on Assets (ROA) | 16.53% |
| Return on Invested Capital (ROIC) | 36.11% |
| Return on Capital Employed (ROCE) | 28.68% |
| Weighted Average Cost of Capital (WACC) | 4.81% |
| Revenue Per Employee | 2.08M |
| Profits Per Employee | 537,434 |
| Employee Count | 6,899 |
| Asset Turnover | 0.59 |
| Inventory Turnover | 2.22 |
Taxes
In the past 12 months, SHA:600988 has paid 1.98 billion in taxes.
| Income Tax | 1.98B |
| Effective Tax Rate | 31.72% |
Stock Price Statistics
The stock price has increased by +36.41% in the last 52 weeks. The beta is 0.11, so SHA:600988's price volatility has been lower than the market average.
| Beta (5Y) | 0.11 |
| 52-Week Price Change | +36.41% |
| 50-Day Moving Average | 42.54 |
| 200-Day Moving Average | 37.82 |
| Relative Strength Index (RSI) | 39.83 |
| Average Volume (20 Days) | 45,284,170 |
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 14.38 billion and earned 3.71 billion in profits. Earnings per share was 1.96.
| Revenue | 14.38B |
| Gross Profit | 8.04B |
| Operating Income | 6.40B |
| Pretax Income | 6.25B |
| Net Income | 3.71B |
| EBITDA | 7.50B |
| EBIT | 6.40B |
| Earnings Per Share (EPS) | 1.96 |
Balance Sheet
The company has 6.12 billion in cash and 793.98 million in debt, with a net cash position of 5.32 billion or 2.82 per share.
| Cash & Cash Equivalents | 6.12B |
| Total Debt | 793.98M |
| Net Cash | 5.32B |
| Net Cash Per Share | 2.82 |
| Equity (Book Value) | 17.77B |
| Book Value Per Share | 7.60 |
| Working Capital | 7.01B |
Cash Flow
In the last 12 months, operating cash flow was 5.82 billion and capital expenditures -2.77 billion, giving a free cash flow of 3.06 billion.
| Operating Cash Flow | 5.82B |
| Capital Expenditures | -2.77B |
| Depreciation & Amortization | 1.10B |
| Net Borrowing | -1.11B |
| Free Cash Flow | 3.06B |
| FCF Per Share | 1.62 |
Margins
Gross margin is 55.87%, with operating and profit margins of 44.53% and 25.78%.
| Gross Margin | 55.87% |
| Operating Margin | 44.53% |
| Pretax Margin | 43.48% |
| Profit Margin | 25.78% |
| EBITDA Margin | 52.15% |
| EBIT Margin | 44.53% |
| FCF Margin | 21.26% |
Dividends & Yields
This stock pays an annual dividend of 0.32, which amounts to a dividend yield of 0.81%.
| Dividend Per Share | 0.32 |
| Dividend Yield | 0.81% |
| Dividend Growth (YoY) | 100.00% |
| Years of Dividend Growth | 1 |
| Payout Ratio | 16.92% |
| FCF Payout Ratio | 19.73% |
| Buyback Yield | -10.97% |
| Shareholder Yield | -10.16% |
| Earnings Yield | 5.11% |
| FCF Yield | 4.21% |
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 |
Analyst Forecast
The average price target for SHA:600988 is 50.29, which is 27.12% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | 50.29 |
| Price Target Difference | 27.12% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 5 |
| Revenue Growth Forecast (3Y) | 20.57% |
| EPS Growth Forecast (3Y) | n/a |
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 7.14 and a Piotroski F-Score of 7.
| Altman Z-Score | 7.14 |
| Piotroski F-Score | 7 |