China · Delayed Price · Currency is CNY Shanghai M&G Stationery Statistics
Total Valuation
SHA:603899 has a market cap or net worth of CNY 20.74 billion. The enterprise value is 15.06 billion.
| Market Cap | 20.74B |
| Enterprise Value | 15.06B |
Important Dates
The next estimated earnings date is Friday, August 28, 2026.
| Earnings Date | Aug 28, 2026 |
| Ex-Dividend Date | May 20, 2026 |
Share Statistics
SHA:603899 has 920.97 million shares outstanding. The number of shares has decreased by -0.32% in one year.
| Current Share Class | 920.97M |
| Shares Outstanding | 920.97M |
| Shares Change (YoY) | -0.32% |
| Shares Change (QoQ) | -0.01% |
| Owned by Insiders (%) | 3.63% |
| Owned by Institutions (%) | 15.56% |
| Float | 328.93M |
Valuation Ratios
The trailing PE ratio is 15.51 and the forward PE ratio is 14.03.
| PE Ratio | 15.51 |
| Forward PE | 14.03 |
| PS Ratio | 0.82 |
| PB Ratio | 2.03 |
| P/TBV Ratio | 2.28 |
| P/FCF Ratio | 11.47 |
| P/OCF Ratio | 9.49 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 7.65, with an EV/FCF ratio of 8.33.
| EV / Earnings | 11.33 |
| EV / Sales | 0.59 |
| EV / EBITDA | 7.65 |
| EV / EBIT | 10.31 |
| EV / FCF | 8.33 |
Financial Position
The company has a current ratio of 2.24, with a Debt / Equity ratio of 0.07.
| Current Ratio | 2.24 |
| Quick Ratio | 1.93 |
| Debt / Equity | 0.07 |
| Debt / EBITDA | 0.34 |
| Debt / FCF | 0.37 |
| Interest Coverage | 51.94 |
Financial Efficiency
Return on equity (ROE) is 13.88% and return on invested capital (ROIC) is 36.19%.
| Return on Equity (ROE) | 13.88% |
| Return on Assets (ROA) | 5.60% |
| Return on Invested Capital (ROIC) | 36.19% |
| Return on Capital Employed (ROCE) | 13.70% |
| Weighted Average Cost of Capital (WACC) | 6.96% |
| Revenue Per Employee | 4.61M |
| Profits Per Employee | 241,562 |
| Employee Count | 5,503 |
| Asset Turnover | 1.56 |
| Inventory Turnover | 13.03 |
Taxes
In the past 12 months, SHA:603899 has paid 347.84 million in taxes.
| Income Tax | 347.84M |
| Effective Tax Rate | 20.06% |
Stock Price Statistics
The stock price has decreased by -32.93% in the last 52 weeks. The beta is 0.51, so SHA:603899's price volatility has been lower than the market average.
| Beta (5Y) | 0.51 |
| 52-Week Price Change | -32.93% |
| 50-Day Moving Average | 23.89 |
| 200-Day Moving Average | 26.92 |
| Relative Strength Index (RSI) | 42.65 |
| Average Volume (20 Days) | 6,377,441 |
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 25.35 billion and earned 1.33 billion in profits. Earnings per share was 1.45.
| Revenue | 25.35B |
| Gross Profit | 4.63B |
| Operating Income | 1.46B |
| Pretax Income | 1.73B |
| Net Income | 1.33B |
| EBITDA | 1.69B |
| EBIT | 1.46B |
| Earnings Per Share (EPS) | 1.45 |
Balance Sheet
The company has 6.95 billion in cash and 667.37 million in debt, with a net cash position of 6.28 billion or 6.82 per share.
| Cash & Cash Equivalents | 6.95B |
| Total Debt | 667.37M |
| Net Cash | 6.28B |
| Net Cash Per Share | 6.82 |
| Equity (Book Value) | 10.24B |
| Book Value Per Share | 10.46 |
| Working Capital | 7.60B |
Cash Flow
In the last 12 months, operating cash flow was 2.19 billion and capital expenditures -377.95 million, giving a free cash flow of 1.81 billion.
| Operating Cash Flow | 2.19B |
| Capital Expenditures | -377.95M |
| Depreciation & Amortization | 231.22M |
| Net Borrowing | -349.78M |
| Free Cash Flow | 1.81B |
| FCF Per Share | 1.96 |
Margins
Gross margin is 18.27%, with operating and profit margins of 5.76% and 5.24%.
| Gross Margin | 18.27% |
| Operating Margin | 5.76% |
| Pretax Margin | 6.84% |
| Profit Margin | 5.24% |
| EBITDA Margin | 6.67% |
| EBIT Margin | 5.76% |
| FCF Margin | 7.13% |
Dividends & Yields
This stock pays an annual dividend of 1.00, which amounts to a dividend yield of 4.43%.
| Dividend Per Share | 1.00 |
| Dividend Yield | 4.43% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | 2 |
| Payout Ratio | 69.38% |
| Buyback Yield | 0.32% |
| Shareholder Yield | 4.75% |
| Earnings Yield | 6.41% |
| FCF Yield | 8.72% |
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 30.30, which is 36.73% higher than the current price. The consensus rating is "Buy".
| Price Target | 30.30 |
| Price Target Difference | 36.73% |
| Analyst Consensus | Buy |
| Analyst Count | 11 |
| Revenue Growth Forecast (3Y) | 8.89% |
| EPS Growth Forecast (3Y) | 12.27% |
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 5.47 and a Piotroski F-Score of 4.
| Altman Z-Score | 5.47 |
| Piotroski F-Score | 4 |