China · Delayed Price · Currency is CNY SHA:603456 Statistics
Total Valuation
SHA:603456 has a market cap or net worth of CNY 10.89 billion. The enterprise value is 9.50 billion.
| Market Cap | 10.89B |
| Enterprise Value | 9.50B |
Important Dates
The next estimated earnings date is Thursday, August 6, 2026.
| Earnings Date | Aug 6, 2026 |
| Ex-Dividend Date | Jun 11, 2026 |
Share Statistics
SHA:603456 has 881.71 million shares outstanding. The number of shares has increased by 0.71% in one year.
| Current Share Class | 881.71M |
| Shares Outstanding | 881.71M |
| Shares Change (YoY) | +0.71% |
| Shares Change (QoQ) | +1.63% |
| Owned by Insiders (%) | 8.15% |
| Owned by Institutions (%) | 13.77% |
| Float | 485.76M |
Valuation Ratios
The trailing PE ratio is 16.92 and the forward PE ratio is 11.41.
| PE Ratio | 16.92 |
| Forward PE | 11.41 |
| PS Ratio | 2.09 |
| PB Ratio | 1.22 |
| P/TBV Ratio | 1.29 |
| P/FCF Ratio | 10.47 |
| P/OCF Ratio | 6.50 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 6.83, with an EV/FCF ratio of 9.13.
| EV / Earnings | 14.57 |
| EV / Sales | 1.82 |
| EV / EBITDA | 6.83 |
| EV / EBIT | 9.76 |
| EV / FCF | 9.13 |
Financial Position
The company has a current ratio of 3.83, with a Debt / Equity ratio of 0.01.
| Current Ratio | 3.83 |
| Quick Ratio | 1.89 |
| Debt / Equity | 0.01 |
| Debt / EBITDA | 0.07 |
| Debt / FCF | 0.10 |
| Interest Coverage | 106.97 |
Financial Efficiency
Return on equity (ROE) is 7.26% and return on invested capital (ROIC) is 10.25%.
| Return on Equity (ROE) | 7.26% |
| Return on Assets (ROA) | 5.63% |
| Return on Invested Capital (ROIC) | 10.25% |
| Return on Capital Employed (ROCE) | 10.59% |
| Weighted Average Cost of Capital (WACC) | 4.46% |
| Revenue Per Employee | 1.09M |
| Profits Per Employee | 136,079 |
| Employee Count | 4,791 |
| Asset Turnover | 0.48 |
| Inventory Turnover | 2.23 |
Taxes
In the past 12 months, SHA:603456 has paid 181.87 million in taxes.
| Income Tax | 181.87M |
| Effective Tax Rate | 21.94% |
Stock Price Statistics
The stock price has decreased by -16.55% in the last 52 weeks. The beta is 0.03, so SHA:603456's price volatility has been lower than the market average.
| Beta (5Y) | 0.03 |
| 52-Week Price Change | -16.55% |
| 50-Day Moving Average | 14.71 |
| 200-Day Moving Average | 17.63 |
| Relative Strength Index (RSI) | 32.04 |
| Average Volume (20 Days) | 12,410,465 |
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:603456 had revenue of CNY 5.22 billion and earned 651.95 million in profits. Earnings per share was 0.73.
| Revenue | 5.22B |
| Gross Profit | 1.74B |
| Operating Income | 972.98M |
| Pretax Income | 828.79M |
| Net Income | 651.95M |
| EBITDA | 1.38B |
| EBIT | 972.98M |
| Earnings Per Share (EPS) | 0.73 |
Balance Sheet
The company has 1.55 billion in cash and 102.06 million in debt, with a net cash position of 1.45 billion or 1.65 per share.
| Cash & Cash Equivalents | 1.55B |
| Total Debt | 102.06M |
| Net Cash | 1.45B |
| Net Cash Per Share | 1.65 |
| Equity (Book Value) | 8.95B |
| Book Value Per Share | 10.08 |
| Working Capital | 3.96B |
Cash Flow
In the last 12 months, operating cash flow was 1.67 billion and capital expenditures -634.16 million, giving a free cash flow of 1.04 billion.
| Operating Cash Flow | 1.67B |
| Capital Expenditures | -634.16M |
| Depreciation & Amortization | 409.76M |
| Net Borrowing | -319.56M |
| Free Cash Flow | 1.04B |
| FCF Per Share | 1.18 |
Margins
Gross margin is 33.37%, with operating and profit margins of 18.64% and 12.49%.
| Gross Margin | 33.37% |
| Operating Margin | 18.64% |
| Pretax Margin | 15.88% |
| Profit Margin | 12.49% |
| EBITDA Margin | 26.49% |
| EBIT Margin | 18.64% |
| FCF Margin | 19.93% |
Dividends & Yields
This stock pays an annual dividend of 0.30, which amounts to a dividend yield of 2.46%.
| Dividend Per Share | 0.30 |
| Dividend Yield | 2.46% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 69.74% |
| Buyback Yield | -0.71% |
| Shareholder Yield | 1.75% |
| Earnings Yield | 5.99% |
| FCF Yield | 9.55% |
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:603456 is 20.71, which is 67.69% higher than the current price. The consensus rating is "Buy".
| Price Target | 20.71 |
| Price Target Difference | 67.69% |
| Analyst Consensus | Buy |
| Analyst Count | 3 |
| Revenue Growth Forecast (3Y) | 2.07% |
| EPS Growth Forecast (3Y) | n/a |
Stock Splits
The last stock split was on April 12, 2018. It was a forward split with a ratio of 1.8.
| Last Split Date | Apr 12, 2018 |
| Split Type | Forward |
| Split Ratio | 1.8 |
Scores
SHA:603456 has an Altman Z-Score of 7.35 and a Piotroski F-Score of 7.
| Altman Z-Score | 7.35 |
| Piotroski F-Score | 7 |