China · Delayed Price · Currency is CNY SHA:600988 Statistics
Total Valuation
SHA:600988 has a market cap or net worth of CNY 63.87 billion. The enterprise value is 62.02 billion.
| Market Cap | 63.87B |
| Enterprise Value | 62.02B |
Important Dates
The last earnings date was Friday, October 23, 2026.
| Earnings Date | Oct 23, 2026 |
| Ex-Dividend Date | May 27, 2026 |
Share Statistics
SHA:600988 has 1.89 billion shares outstanding. The number of shares has increased by 6.84% in one year.
| Current Share Class | 1.65B |
| Shares Outstanding | 1.89B |
| Shares Change (YoY) | +6.84% |
| Shares Change (QoQ) | +1.39% |
| Owned by Insiders (%) | 3.98% |
| Owned by Institutions (%) | 34.61% |
| Float | 1.19B |
Valuation Ratios
The trailing PE ratio is 19.95 and the forward PE ratio is 15.32.
| PE Ratio | 19.95 |
| Forward PE | 15.32 |
| PS Ratio | 4.54 |
| PB Ratio | 4.32 |
| P/TBV Ratio | 7.34 |
| P/FCF Ratio | 25.87 |
| P/OCF Ratio | 11.33 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 8.47, with an EV/FCF ratio of 25.12.
| EV / Earnings | 18.74 |
| EV / Sales | 4.40 |
| EV / EBITDA | 8.47 |
| EV / EBIT | 10.10 |
| EV / FCF | 25.12 |
Financial Position
The company has a current ratio of 3.30, with a Debt / Equity ratio of 0.04.
| Current Ratio | 3.30 |
| Quick Ratio | 2.24 |
| Debt / Equity | 0.04 |
| Debt / EBITDA | 0.10 |
| Debt / FCF | 0.30 |
| Interest Coverage | 265.44 |
Financial Efficiency
Return on equity (ROE) is 23.30% and return on invested capital (ROIC) is 32.35%.
| Return on Equity (ROE) | 23.30% |
| Return on Assets (ROA) | 15.56% |
| Return on Invested Capital (ROIC) | 32.35% |
| Return on Capital Employed (ROCE) | 26.88% |
| Weighted Average Cost of Capital (WACC) | 5.31% |
| Revenue Per Employee | 2.09M |
| Profits Per Employee | 491,221 |
| Employee Count | 6,899 |
| Asset Turnover | 0.57 |
| Inventory Turnover | 2.19 |
Taxes
In the past 12 months, SHA:600988 has paid 1.95 billion in taxes.
| Income Tax | 1.95B |
| Effective Tax Rate | 33.11% |
Stock Price Statistics
The stock price has increased by +14.83% in the last 52 weeks. The beta is 0.20, so SHA:600988's price volatility has been lower than the market average.
| Beta (5Y) | 0.20 |
| 52-Week Price Change | +14.83% |
| 50-Day Moving Average | 40.41 |
| 200-Day Moving Average | 38.64 |
| Relative Strength Index (RSI) | 42.55 |
| Average Volume (20 Days) | 51,723,608 |
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 14.08 billion and earned 3.31 billion in profits. Earnings per share was 1.75.
| Revenue | 14.08B |
| Gross Profit | 7.77B |
| Operating Income | 6.14B |
| Pretax Income | 5.90B |
| Net Income | 3.31B |
| EBITDA | 7.28B |
| EBIT | 6.14B |
| Earnings Per Share (EPS) | 1.75 |
Balance Sheet
The company has 6.17 billion in cash and 747.12 million in debt, with a net cash position of 5.42 billion or 2.88 per share.
| Cash & Cash Equivalents | 6.17B |
| Total Debt | 747.12M |
| Net Cash | 5.42B |
| Net Cash Per Share | 2.88 |
| Equity (Book Value) | 18.36B |
| Book Value Per Share | 7.84 |
| Working Capital | 6.90B |
Cash Flow
In the last 12 months, operating cash flow was 5.64 billion and capital expenditures -3.17 billion, giving a free cash flow of 2.47 billion.
| Operating Cash Flow | 5.64B |
| Capital Expenditures | -3.17B |
| Depreciation & Amortization | 1.15B |
| Net Borrowing | -1.12B |
| Free Cash Flow | 2.47B |
| FCF Per Share | 1.31 |
Margins
Gross margin is 55.20%, with operating and profit margins of 43.59% and 23.51%.
| Gross Margin | 55.20% |
| Operating Margin | 43.59% |
| Pretax Margin | 41.90% |
| Profit Margin | 23.51% |
| EBITDA Margin | 51.73% |
| EBIT Margin | 43.59% |
| FCF Margin | 17.54% |
Dividends & Yields
This stock pays an annual dividend of 0.32, which amounts to a dividend yield of 0.91%.
| Dividend Per Share | 0.32 |
| Dividend Yield | 0.91% |
| Dividend Growth (YoY) | 100.00% |
| Years of Dividend Growth | 1 |
| Payout Ratio | 19.11% |
| FCF Payout Ratio | 24.43% |
| Buyback Yield | -6.84% |
| Shareholder Yield | -5.92% |
| Earnings Yield | 5.01% |
| FCF Yield | 3.87% |
Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | |
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| Graham Number | |
| Graham Upside | |
| Graham Formula Value | |
| Graham Formula Upside |
Analyst Forecast
The average price target for SHA:600988 is 46.16, which is 31.85% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | 46.16 |
| Price Target Difference | 31.85% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 4 |
| Revenue Growth Forecast (3Y) | 19.18% |
| 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 7.61 and a Piotroski F-Score of 7.
| Altman Z-Score | 7.61 |
| Piotroski F-Score | 7 |