China · Delayed Price · Currency is CNY Shanghai M&G Stationery Statistics
Total Valuation
SHA:603899 has a market cap or net worth of CNY 20.03 billion. The enterprise value is 15.21 billion.
| Market Cap | 20.03B |
| Enterprise Value | 15.21B |
Important Dates
The last earnings date was Saturday, August 29, 2026.
| Earnings Date | Aug 29, 2026 |
| Ex-Dividend Date | May 20, 2026 |
Share Statistics
SHA:603899 has 904.64 million shares outstanding. The number of shares has decreased by -0.10% in one year.
| Current Share Class | 904.64M |
| Shares Outstanding | 904.64M |
| Shares Change (YoY) | -0.10% |
| Shares Change (QoQ) | +0.03% |
| Owned by Insiders (%) | 3.69% |
| Owned by Institutions (%) | 19.11% |
| Float | 312.59M |
Valuation Ratios
The trailing PE ratio is 15.14 and the forward PE ratio is 13.61. SHA:603899's PEG ratio is 1.32.
| PE Ratio | 15.14 |
| Forward PE | 13.61 |
| PS Ratio | 0.78 |
| PB Ratio | 2.14 |
| P/TBV Ratio | 2.44 |
| P/FCF Ratio | 11.29 |
| P/OCF Ratio | 9.59 |
| PEG Ratio | 1.32 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 7.69, with an EV/FCF ratio of 8.58.
| EV / Earnings | 11.36 |
| EV / Sales | 0.59 |
| EV / EBITDA | 7.69 |
| EV / EBIT | 10.41 |
| EV / FCF | 8.58 |
Financial Position
The company has a current ratio of 1.98, with a Debt / Equity ratio of 0.08.
| Current Ratio | 1.98 |
| Quick Ratio | 1.68 |
| Debt / Equity | 0.08 |
| Debt / EBITDA | 0.36 |
| Debt / FCF | 0.40 |
| Interest Coverage | 52.11 |
Financial Efficiency
Return on equity (ROE) is 15.23% and return on invested capital (ROIC) is 29.58%.
| Return on Equity (ROE) | 15.23% |
| Return on Assets (ROA) | 5.65% |
| Return on Invested Capital (ROIC) | 29.58% |
| Return on Capital Employed (ROCE) | 14.96% |
| Weighted Average Cost of Capital (WACC) | 6.53% |
| Revenue Per Employee | 4.65M |
| Profits Per Employee | 243,330 |
| Employee Count | 5,503 |
| Asset Turnover | 1.58 |
| Inventory Turnover | 12.21 |
Taxes
In the past 12 months, SHA:603899 has paid 361.09 million in taxes.
| Income Tax | 361.09M |
| Effective Tax Rate | 20.48% |
Stock Price Statistics
The stock price has decreased by -24.74% in the last 52 weeks. The beta is 0.44, so SHA:603899's price volatility has been lower than the market average.
| Beta (5Y) | 0.44 |
| 52-Week Price Change | -24.74% |
| 50-Day Moving Average | 22.62 |
| 200-Day Moving Average | 24.65 |
| Relative Strength Index (RSI) | 39.31 |
| Average Volume (20 Days) | 4,371,916 |
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:603899 had revenue of CNY 25.57 billion and earned 1.34 billion in profits. Earnings per share was 1.46.
| Revenue | 25.57B |
| Gross Profit | 4.71B |
| Operating Income | 1.46B |
| Pretax Income | 1.76B |
| Net Income | 1.34B |
| EBITDA | 1.69B |
| EBIT | 1.46B |
| Earnings Per Share (EPS) | 1.46 |
Balance Sheet
The company has 6.14 billion in cash and 708.85 million in debt, with a net cash position of 5.44 billion or 6.01 per share.
| Cash & Cash Equivalents | 6.14B |
| Total Debt | 708.85M |
| Net Cash | 5.44B |
| Net Cash Per Share | 6.01 |
| Equity (Book Value) | 9.34B |
| Book Value Per Share | 9.64 |
| Working Capital | 6.70B |
Cash Flow
In the last 12 months, operating cash flow was 2.09 billion and capital expenditures -314.63 million, giving a free cash flow of 1.77 billion.
| Operating Cash Flow | 2.09B |
| Capital Expenditures | -314.63M |
| Depreciation & Amortization | 233.12M |
| Net Borrowing | -318.88M |
| Free Cash Flow | 1.77B |
| FCF Per Share | 1.96 |
Margins
Gross margin is 18.41%, with operating and profit margins of 5.72% and 5.24%.
| Gross Margin | 18.41% |
| Operating Margin | 5.72% |
| Pretax Margin | 6.89% |
| Profit Margin | 5.24% |
| EBITDA Margin | 6.63% |
| EBIT Margin | 5.72% |
| FCF Margin | 6.93% |
Dividends & Yields
This stock pays an annual dividend of 1.00, which amounts to a dividend yield of 4.53%.
| Dividend Per Share | 1.00 |
| Dividend Yield | 4.53% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | 2 |
| Payout Ratio | 68.89% |
| FCF Payout Ratio | n/a |
| Buyback Yield | 0.10% |
| Shareholder Yield | 4.62% |
| Earnings Yield | 6.69% |
| FCF Yield | 8.86% |
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:603899 is 28.09, which is 27.10% higher than the current price. The consensus rating is "Buy".
| Price Target | 28.09 |
| Price Target Difference | 27.10% |
| Analyst Consensus | Buy |
| Analyst Count | 10 |
| Revenue Growth Forecast (3Y) | 7.97% |
| EPS Growth Forecast (3Y) | 11.29% |
Stock Splits
The last stock split was on May 4, 2016. It was a forward split with a ratio of 2.
| Last Split Date | May 4, 2016 |
| Split Type | Forward |
| Split Ratio | 2 |
Scores
SHA:603899 has an Altman Z-Score of 5 and a Piotroski F-Score of 5.
| Altman Z-Score | 5 |
| Piotroski F-Score | 5 |