China · Delayed Price · Currency is CNY SHA:601928 Statistics
Total Valuation
SHA:601928 has a market cap or net worth of CNY 23.23 billion. The enterprise value is 11.41 billion.
| Market Cap | 23.23B |
| Enterprise Value | 11.41B |
Important Dates
The next confirmed earnings date is Thursday, August 27, 2026.
| Earnings Date | Aug 27, 2026 |
| Ex-Dividend Date | Oct 24, 2025 |
Share Statistics
SHA:601928 has 2.54 billion shares outstanding. The number of shares has decreased by -0.29% in one year.
| Current Share Class | 2.54B |
| Shares Outstanding | 2.54B |
| Shares Change (YoY) | -0.29% |
| Shares Change (QoQ) | +2.68% |
| Owned by Insiders (%) | 0.01% |
| Owned by Institutions (%) | 12.40% |
| Float | 691.84M |
Valuation Ratios
The trailing PE ratio is 13.49 and the forward PE ratio is 13.53.
| PE Ratio | 13.49 |
| Forward PE | 13.53 |
| PS Ratio | 1.94 |
| PB Ratio | 1.13 |
| P/TBV Ratio | 1.18 |
| P/FCF Ratio | 21.86 |
| P/OCF Ratio | 18.51 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 7.36, with an EV/FCF ratio of 10.74.
| EV / Earnings | 6.67 |
| EV / Sales | 0.95 |
| EV / EBITDA | 7.36 |
| EV / EBIT | 10.38 |
| EV / FCF | 10.74 |
Financial Position
The company has a current ratio of 1.76, with a Debt / Equity ratio of 0.01.
| Current Ratio | 1.76 |
| Quick Ratio | 1.46 |
| Debt / Equity | 0.01 |
| Debt / EBITDA | 0.13 |
| Debt / FCF | 0.20 |
| Interest Coverage | 91.24 |
Financial Efficiency
Return on equity (ROE) is 8.44% and return on invested capital (ROIC) is 14.61%.
| Return on Equity (ROE) | 8.44% |
| Return on Assets (ROA) | 2.20% |
| Return on Invested Capital (ROIC) | 14.61% |
| Return on Capital Employed (ROCE) | 5.05% |
| Weighted Average Cost of Capital (WACC) | 5.42% |
| Revenue Per Employee | 1.90M |
| Profits Per Employee | 271,176 |
| Employee Count | 6,311 |
| Asset Turnover | 0.38 |
| Inventory Turnover | 4.04 |
Taxes
In the past 12 months, SHA:601928 has paid 13.55 million in taxes.
| Income Tax | 13.55M |
| Effective Tax Rate | 0.78% |
Stock Price Statistics
The stock price has decreased by -20.42% in the last 52 weeks. The beta is 0.21, so SHA:601928's price volatility has been lower than the market average.
| Beta (5Y) | 0.21 |
| 52-Week Price Change | -20.42% |
| 50-Day Moving Average | 9.12 |
| 200-Day Moving Average | 9.86 |
| Relative Strength Index (RSI) | 54.52 |
| Average Volume (20 Days) | 6,554,084 |
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:601928 had revenue of CNY 12.01 billion and earned 1.71 billion in profits. Earnings per share was 0.68.
| Revenue | 12.01B |
| Gross Profit | 4.45B |
| Operating Income | 1.10B |
| Pretax Income | 1.75B |
| Net Income | 1.71B |
| EBITDA | 1.47B |
| EBIT | 1.10B |
| Earnings Per Share (EPS) | 0.68 |
Balance Sheet
The company has 12.29 billion in cash and 208.44 million in debt, with a net cash position of 12.08 billion or 4.75 per share.
| Cash & Cash Equivalents | 12.29B |
| Total Debt | 208.44M |
| Net Cash | 12.08B |
| Net Cash Per Share | 4.75 |
| Equity (Book Value) | 20.63B |
| Book Value Per Share | 8.00 |
| Working Capital | 6.97B |
Cash Flow
In the last 12 months, operating cash flow was 1.26 billion and capital expenditures -192.53 million, giving a free cash flow of 1.06 billion.
| Operating Cash Flow | 1.26B |
| Capital Expenditures | -192.53M |
| Depreciation & Amortization | 370.20M |
| Net Borrowing | -134.30M |
| Free Cash Flow | 1.06B |
| FCF Per Share | 0.42 |
Margins
Gross margin is 37.10%, with operating and profit margins of 9.16% and 14.26%.
| Gross Margin | 37.10% |
| Operating Margin | 9.16% |
| Pretax Margin | 14.56% |
| Profit Margin | 14.26% |
| EBITDA Margin | 12.24% |
| EBIT Margin | 9.16% |
| FCF Margin | 8.85% |
Dividends & Yields
This stock pays an annual dividend of 0.50, which amounts to a dividend yield of 5.50%.
| Dividend Per Share | 0.50 |
| Dividend Yield | 5.50% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | 1 |
| Payout Ratio | 92.17% |
| Buyback Yield | 0.29% |
| Shareholder Yield | 5.75% |
| Earnings Yield | 7.37% |
| FCF Yield | 4.57% |
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:601928 is 11.00, which is 20.48% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | 11.00 |
| Price Target Difference | 20.48% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 3 |
| Revenue Growth Forecast (3Y) | -0.26% |
| EPS Growth Forecast (3Y) | 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:601928 has an Altman Z-Score of 3.01 and a Piotroski F-Score of 4.
| Altman Z-Score | 3.01 |
| Piotroski F-Score | 4 |