China · Delayed Price · Currency is CNY CSD Water Service Statistics
Total Valuation
SHA:603903 has a market cap or net worth of CNY 2.72 billion. The enterprise value is 4.13 billion.
| Market Cap | 2.72B |
| Enterprise Value | 4.13B |
Important Dates
The last earnings date was Saturday, August 30, 2025.
| Earnings Date | Aug 30, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
SHA:603903 has 255.32 million shares outstanding. The number of shares has decreased by -6.71% in one year.
| Current Share Class | 255.32M |
| Shares Outstanding | 255.32M |
| Shares Change (YoY) | -6.71% |
| Shares Change (QoQ) | -37.77% |
| Owned by Insiders (%) | 6.73% |
| Owned by Institutions (%) | 1.63% |
| Float | 141.80M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 2.68 |
| PB Ratio | 1.67 |
| P/TBV Ratio | 5.67 |
| P/FCF Ratio | 23.05 |
| P/OCF Ratio | 21.84 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 215.01, with an EV/FCF ratio of 34.97.
| EV / Earnings | -35.92 |
| EV / Sales | 4.07 |
| EV / EBITDA | 215.01 |
| EV / EBIT | n/a |
| EV / FCF | 34.97 |
Financial Position
The company has a current ratio of 1.21, with a Debt / Equity ratio of 1.02.
| Current Ratio | 1.21 |
| Quick Ratio | 1.15 |
| Debt / Equity | 1.02 |
| Debt / EBITDA | 85.95 |
| Debt / FCF | 13.98 |
| Interest Coverage | -0.73 |
Financial Efficiency
Return on equity (ROE) is -7.73% and return on invested capital (ROIC) is -1.04%.
| Return on Equity (ROE) | -7.73% |
| Return on Assets (ROA) | -0.78% |
| Return on Invested Capital (ROIC) | -1.04% |
| Return on Capital Employed (ROCE) | -2.27% |
| Revenue Per Employee | 696,383 |
| Profits Per Employee | -78,952 |
| Employee Count | 1,456 |
| Asset Turnover | 0.22 |
| Inventory Turnover | 11.39 |
Taxes
| Income Tax | -17.32M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +89.78% in the last 52 weeks. The beta is 0.32, so SHA:603903's price volatility has been lower than the market average.
| Beta (5Y) | 0.32 |
| 52-Week Price Change | +89.78% |
| 50-Day Moving Average | 9.41 |
| 200-Day Moving Average | 7.61 |
| Relative Strength Index (RSI) | 49.58 |
| Average Volume (20 Days) | 16,801,181 |
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 1.01 billion and -114.95 million in losses. Loss per share was -0.47.
| Revenue | 1.01B |
| Gross Profit | 242.24M |
| Operating Income | -57.01M |
| Pretax Income | -148.07M |
| Net Income | -114.95M |
| EBITDA | 11.30M |
| EBIT | -57.01M |
| Loss Per Share | -0.47 |
Balance Sheet
The company has 342.84 million in cash and 1.65 billion in debt, giving a net cash position of -1.31 billion or -5.12 per share.
| Cash & Cash Equivalents | 342.84M |
| Total Debt | 1.65B |
| Net Cash | -1.31B |
| Net Cash Per Share | -5.12 |
| Equity (Book Value) | 1.63B |
| Book Value Per Share | 5.98 |
| Working Capital | 379.45M |
Cash Flow
In the last 12 months, operating cash flow was 124.59 million and capital expenditures -6.50 million, giving a free cash flow of 118.10 million.
| Operating Cash Flow | 124.59M |
| Capital Expenditures | -6.50M |
| Free Cash Flow | 118.10M |
| FCF Per Share | 0.46 |
Margins
Gross margin is 23.89%, with operating and profit margins of -5.62% and -11.34%.
| Gross Margin | 23.89% |
| Operating Margin | -5.62% |
| Pretax Margin | -14.60% |
| Profit Margin | -11.34% |
| EBITDA Margin | 1.11% |
| EBIT Margin | -5.62% |
| FCF Margin | 11.65% |
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 | 1 |
| Payout Ratio | n/a |
| Buyback Yield | 6.71% |
| Shareholder Yield | n/a |
| Earnings Yield | -4.22% |
| FCF Yield | 4.34% |
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 0.9 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.9 |
| Piotroski F-Score | 2 |