China · Delayed Price · Currency is CNY Shanghai M&G Stationery Statistics
Total Valuation
SHA:603899 has a market cap or net worth of CNY 22.97 billion. The enterprise value is 16.18 billion.
| Market Cap | 22.97B |
| Enterprise Value | 16.18B |
Important Dates
The last earnings date was Wednesday, April 1, 2026.
| Earnings Date | Apr 1, 2026 |
| Ex-Dividend Date | May 19, 2025 |
Share Statistics
SHA:603899 has 920.97 million shares outstanding. The number of shares has decreased by -0.50% in one year.
| Current Share Class | 920.97M |
| Shares Outstanding | 920.97M |
| Shares Change (YoY) | -0.50% |
| Shares Change (QoQ) | -0.02% |
| Owned by Insiders (%) | 3.63% |
| Owned by Institutions (%) | 16.86% |
| Float | 328.93M |
Valuation Ratios
The trailing PE ratio is 17.43 and the forward PE ratio is 14.72.
| PE Ratio | 17.43 |
| Forward PE | 14.72 |
| PS Ratio | 0.92 |
| PB Ratio | 2.33 |
| P/TBV Ratio | 2.62 |
| P/FCF Ratio | 11.99 |
| P/OCF Ratio | 10.06 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 8.16, with an EV/FCF ratio of 8.45.
| EV / Earnings | 12.34 |
| EV / Sales | 0.65 |
| EV / EBITDA | 8.16 |
| EV / EBIT | 10.97 |
| EV / FCF | 8.45 |
Financial Position
The company has a current ratio of 1.93, with a Debt / Equity ratio of 0.07.
| Current Ratio | 1.93 |
| Quick Ratio | 1.68 |
| Debt / Equity | 0.07 |
| Debt / EBITDA | 0.36 |
| Debt / FCF | 0.37 |
| Interest Coverage | 52.97 |
Financial Efficiency
Return on equity (ROE) is 14.10% and return on invested capital (ROIC) is 38.62%.
| Return on Equity (ROE) | 14.10% |
| Return on Assets (ROA) | 5.32% |
| Return on Invested Capital (ROIC) | 38.62% |
| Return on Capital Employed (ROCE) | 14.27% |
| Weighted Average Cost of Capital (WACC) | 7.72% |
| Revenue Per Employee | 4.55M |
| Profits Per Employee | 238,134 |
| Employee Count | 5,503 |
| Asset Turnover | 1.45 |
| Inventory Turnover | 12.73 |
Taxes
In the past 12 months, SHA:603899 has paid 347.53 million in taxes.
| Income Tax | 347.53M |
| Effective Tax Rate | 20.34% |
Stock Price Statistics
The stock price has decreased by -20.27% in the last 52 weeks. The beta is 0.66, so SHA:603899's price volatility has been lower than the market average.
| Beta (5Y) | 0.66 |
| 52-Week Price Change | -20.27% |
| 50-Day Moving Average | 25.80 |
| 200-Day Moving Average | 28.09 |
| Relative Strength Index (RSI) | 42.01 |
| Average Volume (20 Days) | 2,973,513 |
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 25.06 billion and earned 1.31 billion in profits. Earnings per share was 1.43.
| Revenue | 25.06B |
| Gross Profit | 4.59B |
| Operating Income | 1.47B |
| Pretax Income | 1.71B |
| Net Income | 1.31B |
| EBITDA | 1.71B |
| EBIT | 1.47B |
| Earnings Per Share (EPS) | 1.43 |
Balance Sheet
The company has 8.09 billion in cash and 709.16 million in debt, with a net cash position of 7.38 billion or 8.01 per share.
| Cash & Cash Equivalents | 8.09B |
| Total Debt | 709.16M |
| Net Cash | 7.38B |
| Net Cash Per Share | 8.01 |
| Equity (Book Value) | 9.88B |
| Book Value Per Share | 10.08 |
| Working Capital | 7.18B |
Cash Flow
In the last 12 months, operating cash flow was 2.28 billion and capital expenditures -366.85 million, giving a free cash flow of 1.92 billion.
| Operating Cash Flow | 2.28B |
| Capital Expenditures | -366.85M |
| Depreciation & Amortization | 232.00M |
| Net Borrowing | -390.83M |
| Free Cash Flow | 1.92B |
| FCF Per Share | 2.08 |
Margins
Gross margin is 18.33%, with operating and profit margins of 5.88% and 5.23%.
| Gross Margin | 18.33% |
| Operating Margin | 5.88% |
| Pretax Margin | 6.82% |
| Profit Margin | 5.23% |
| EBITDA Margin | 6.81% |
| EBIT Margin | 5.88% |
| FCF Margin | 7.64% |
Dividends & Yields
This stock pays an annual dividend of 1.00, which amounts to a dividend yield of 4.01%.
| Dividend Per Share | 1.00 |
| Dividend Yield | 4.01% |
| Dividend Growth (YoY) | 25.00% |
| Years of Dividend Growth | 2 |
| Payout Ratio | 70.37% |
| Buyback Yield | 0.50% |
| Shareholder Yield | 4.51% |
| Earnings Yield | 5.71% |
| FCF Yield | 8.34% |
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 |
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 4.72 and a Piotroski F-Score of 4.
| Altman Z-Score | 4.72 |
| Piotroski F-Score | 4 |