China · Delayed Price · Currency is CNY CSD Water Service Statistics
Total Valuation
SHA:603903 has a market cap or net worth of CNY 3.50 billion. The enterprise value is 4.66 billion.
| Market Cap | 3.50B |
| Enterprise Value | 4.66B |
Important Dates
The next confirmed earnings date is Saturday, October 31, 2026.
| Earnings Date | Oct 31, 2026 |
| Ex-Dividend Date | n/a |
Share Statistics
SHA:603903 has 255.32 million shares outstanding. The number of shares has increased by 3.74% in one year.
| Current Share Class | 255.32M |
| Shares Outstanding | 255.32M |
| Shares Change (YoY) | +3.74% |
| Shares Change (QoQ) | -2.87% |
| Owned by Insiders (%) | 6.40% |
| Owned by Institutions (%) | 1.60% |
| Float | 142.63M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 3.76 |
| PB Ratio | 2.35 |
| P/TBV Ratio | 7.08 |
| P/FCF Ratio | 11.94 |
| P/OCF Ratio | 11.32 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 59.83, with an EV/FCF ratio of 15.92.
| EV / Earnings | n/a |
| EV / Sales | 5.01 |
| EV / EBITDA | 59.83 |
| EV / EBIT | n/a |
| EV / FCF | 15.92 |
Financial Position
The company has a current ratio of 1.21, with a Debt / Equity ratio of 0.89.
| Current Ratio | 1.21 |
| Quick Ratio | 1.14 |
| Debt / Equity | 0.89 |
| Debt / EBITDA | 17.16 |
| Debt / FCF | 4.52 |
| Interest Coverage | 0.15 |
Financial Efficiency
Return on equity (ROE) is -8.39% and return on invested capital (ROIC) is 0.34%.
| Return on Equity (ROE) | -8.39% |
| Return on Assets (ROA) | 0.14% |
| Return on Invested Capital (ROIC) | 0.34% |
| Return on Capital Employed (ROCE) | 0.39% |
| Weighted Average Cost of Capital (WACC) | 5.69% |
| Revenue Per Employee | 804,170 |
| Profits Per Employee | -87,520 |
| Employee Count | 1,157 |
| Asset Turnover | 0.23 |
| Inventory Turnover | 9.22 |
Taxes
In the past 12 months, SHA:603903 has paid 6.05 million in taxes.
| Income Tax | 6.05M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +12.30% in the last 52 weeks. The beta is 0.42, so SHA:603903's price volatility has been lower than the market average.
| Beta (5Y) | 0.42 |
| 52-Week Price Change | +12.30% |
| 50-Day Moving Average | 13.52 |
| 200-Day Moving Average | 12.98 |
| Relative Strength Index (RSI) | 45.43 |
| Average Volume (20 Days) | 9,820,068 |
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 930.42 million and -101.26 million in losses. Loss per share was -0.40.
| Revenue | 930.42M |
| Gross Profit | 276.31M |
| Operating Income | 8.89M |
| Pretax Income | -124.56M |
| Net Income | -101.26M |
| EBITDA | 69.94M |
| EBIT | 8.89M |
| Loss Per Share | -0.40 |
Balance Sheet
The company has 216.95 million in cash and 1.32 billion in debt, with a net cash position of -1.11 billion or -4.33 per share.
| Cash & Cash Equivalents | 216.95M |
| Total Debt | 1.32B |
| Net Cash | -1.11B |
| Net Cash Per Share | -4.33 |
| Equity (Book Value) | 1.49B |
| Book Value Per Share | 5.59 |
| Working Capital | 316.94M |
Cash Flow
In the last 12 months, operating cash flow was 309.03 million and capital expenditures -16.05 million, giving a free cash flow of 292.99 million.
| Operating Cash Flow | 309.03M |
| Capital Expenditures | -16.05M |
| Depreciation & Amortization | 61.05M |
| Net Borrowing | -352.49M |
| Free Cash Flow | 292.99M |
| FCF Per Share | 1.15 |
Margins
Gross margin is 29.70%, with operating and profit margins of 0.96% and -10.88%.
| Gross Margin | 29.70% |
| Operating Margin | 0.96% |
| Pretax Margin | -13.39% |
| Profit Margin | -10.88% |
| EBITDA Margin | 7.52% |
| EBIT Margin | 0.96% |
| FCF Margin | 31.49% |
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 |
| FCF Payout Ratio | n/a |
| Buyback Yield | -3.74% |
| Shareholder Yield | -3.74% |
| Earnings Yield | -2.89% |
| FCF Yield | 8.38% |
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 1.41 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.41 |
| Piotroski F-Score | 7 |