China · Delayed Price · Currency is CNY CSD Water Service Statistics
Total Valuation
SHA:603903 has a market cap or net worth of CNY 3.17 billion. The enterprise value is 4.46 billion.
| Market Cap | 3.17B |
| Enterprise Value | 4.46B |
Important Dates
The next estimated earnings date is Thursday, April 30, 2026.
| Earnings Date | Apr 30, 2026 |
| Ex-Dividend Date | n/a |
Share Statistics
SHA:603903 has 255.32 million shares outstanding. The number of shares has increased by 13.48% in one year.
| Current Share Class | 255.32M |
| Shares Outstanding | 255.32M |
| Shares Change (YoY) | +13.48% |
| Shares Change (QoQ) | +30.99% |
| Owned by Insiders (%) | 6.46% |
| Owned by Institutions (%) | 0.65% |
| Float | 157.71M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 2.96 |
| PB Ratio | 1.91 |
| P/TBV Ratio | 5.98 |
| P/FCF Ratio | 11.45 |
| P/OCF Ratio | 11.17 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 49.94, with an EV/FCF ratio of 16.13.
| EV / Earnings | -66.60 |
| EV / Sales | 4.16 |
| EV / EBITDA | 49.94 |
| EV / EBIT | n/a |
| EV / FCF | 16.13 |
Financial Position
The company has a current ratio of 1.24, with a Debt / Equity ratio of 0.91.
| Current Ratio | 1.24 |
| Quick Ratio | 1.14 |
| Debt / Equity | 0.91 |
| Debt / EBITDA | 19.54 |
| Debt / FCF | 5.47 |
| Interest Coverage | -0.06 |
Financial Efficiency
Return on equity (ROE) is -4.76% and return on invested capital (ROIC) is -0.16%.
| Return on Equity (ROE) | -4.76% |
| Return on Assets (ROA) | -0.06% |
| Return on Invested Capital (ROIC) | -0.16% |
| Return on Capital Employed (ROCE) | -0.18% |
| Weighted Average Cost of Capital (WACC) | 5.28% |
| Revenue Per Employee | 736,172 |
| Profits Per Employee | -46,026 |
| Employee Count | 1,456 |
| Asset Turnover | 0.24 |
| Inventory Turnover | 11.02 |
Taxes
| Income Tax | -6.40M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +88.60% in the last 52 weeks. The beta is 0.31, so SHA:603903's price volatility has been lower than the market average.
| Beta (5Y) | 0.31 |
| 52-Week Price Change | +88.60% |
| 50-Day Moving Average | 14.01 |
| 200-Day Moving Average | 10.96 |
| Relative Strength Index (RSI) | 42.66 |
| Average Volume (20 Days) | 7,973,047 |
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:603903 had revenue of CNY 1.07 billion and -67.01 million in losses. Loss per share was -0.25.
| Revenue | 1.07B |
| Gross Profit | 264.24M |
| Operating Income | -4.53M |
| Pretax Income | -87.38M |
| Net Income | -67.01M |
| EBITDA | 68.21M |
| EBIT | -4.53M |
| Loss Per Share | -0.25 |
Balance Sheet
The company has 315.42 million in cash and 1.51 billion in debt, with a net cash position of -1.20 billion or -4.69 per share.
| Cash & Cash Equivalents | 315.42M |
| Total Debt | 1.51B |
| Net Cash | -1.20B |
| Net Cash Per Share | -4.69 |
| Equity (Book Value) | 1.66B |
| Book Value Per Share | 6.12 |
| Working Capital | 402.13M |
Cash Flow
In the last 12 months, operating cash flow was 283.72 million and capital expenditures -7.01 million, giving a free cash flow of 276.71 million.
| Operating Cash Flow | 283.72M |
| Capital Expenditures | -7.01M |
| Free Cash Flow | 276.71M |
| FCF Per Share | 1.08 |
Margins
Gross margin is 24.65%, with operating and profit margins of -0.42% and -6.25%.
| Gross Margin | 24.65% |
| Operating Margin | -0.42% |
| Pretax Margin | -8.15% |
| Profit Margin | -6.25% |
| EBITDA Margin | 6.36% |
| EBIT Margin | -0.42% |
| FCF Margin | 25.82% |
Dividends & Yields
SHA:603903 does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -13.48% |
| Shareholder Yield | -13.48% |
| Earnings Yield | -2.12% |
| FCF Yield | 8.73% |
Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | n/a |
| Lynch Upside | n/a |
| Graham Number | n/a |
| Graham Upside | n/a |
Stock Splits
The last stock split was on July 13, 2020. It was a forward split with a ratio of 1.4.
| Last Split Date | Jul 13, 2020 |
| Split Type | Forward |
| Split Ratio | 1.4 |
Scores
SHA:603903 has an Altman Z-Score of 1.06 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.06 |
| Piotroski F-Score | 3 |