China · Delayed Price · Currency is CNY CSD Water Service Statistics
Total Valuation
SHA:603903 has a market cap or net worth of CNY 3.10 billion. The enterprise value is 4.26 billion.
| Market Cap | 3.10B |
| Enterprise Value | 4.26B |
Important Dates
The next estimated earnings date is Friday, August 28, 2026.
| Earnings Date | Aug 28, 2026 |
| Ex-Dividend Date | n/a |
Share Statistics
SHA:603903 has 255.32 million shares outstanding. The number of shares has decreased by -8.04% in one year.
| Current Share Class | 255.32M |
| Shares Outstanding | 255.32M |
| Shares Change (YoY) | -8.04% |
| Shares Change (QoQ) | -12.30% |
| Owned by Insiders (%) | 6.40% |
| Owned by Institutions (%) | 2.05% |
| Float | 142.64M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 3.07 |
| PB Ratio | 2.09 |
| P/TBV Ratio | 6.39 |
| P/FCF Ratio | 8.56 |
| P/OCF Ratio | 8.19 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 44.46, with an EV/FCF ratio of 11.76.
| EV / Earnings | n/a |
| EV / Sales | 4.22 |
| EV / EBITDA | 44.46 |
| EV / EBIT | 185.25 |
| EV / FCF | 11.76 |
Financial Position
The company has a current ratio of 1.23, with a Debt / Equity ratio of 0.93.
| Current Ratio | 1.23 |
| Quick Ratio | 1.11 |
| Debt / Equity | 0.93 |
| Debt / EBITDA | 14.32 |
| Debt / FCF | 3.79 |
| Interest Coverage | 0.36 |
Financial Efficiency
Return on equity (ROE) is -8.08% and return on invested capital (ROIC) is 0.91%.
| Return on Equity (ROE) | -8.08% |
| Return on Assets (ROA) | 0.35% |
| Return on Invested Capital (ROIC) | 0.91% |
| Return on Capital Employed (ROCE) | 1.00% |
| Weighted Average Cost of Capital (WACC) | 5.51% |
| Revenue Per Employee | 872,766 |
| Profits Per Employee | -79,226 |
| Employee Count | 1,157 |
| Asset Turnover | 0.25 |
| Inventory Turnover | 8.82 |
Taxes
In the past 12 months, SHA:603903 has paid 4.62 million in taxes.
| Income Tax | 4.62M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +61.92% in the last 52 weeks. The beta is 0.38, so SHA:603903's price volatility has been lower than the market average.
| Beta (5Y) | 0.38 |
| 52-Week Price Change | +61.92% |
| 50-Day Moving Average | 12.15 |
| 200-Day Moving Average | 12.81 |
| Relative Strength Index (RSI) | 48.81 |
| Average Volume (20 Days) | 9,846,327 |
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 -91.66 million in losses. Loss per share was -0.38.
| Revenue | 1.01B |
| Gross Profit | 294.01M |
| Operating Income | 23.01M |
| Pretax Income | -120.73M |
| Net Income | -91.66M |
| EBITDA | 88.08M |
| EBIT | 23.01M |
| Loss Per Share | -0.38 |
Balance Sheet
The company has 269.15 million in cash and 1.37 billion in debt, with a net cash position of -1.10 billion or -4.33 per share.
| Cash & Cash Equivalents | 269.15M |
| Total Debt | 1.37B |
| Net Cash | -1.10B |
| Net Cash Per Share | -4.33 |
| Equity (Book Value) | 1.48B |
| Book Value Per Share | 5.60 |
| Working Capital | 344.92M |
Cash Flow
In the last 12 months, operating cash flow was 379.30 million and capital expenditures -16.61 million, giving a free cash flow of 362.69 million.
| Operating Cash Flow | 379.30M |
| Capital Expenditures | -16.61M |
| Depreciation & Amortization | 65.08M |
| Net Borrowing | -491.58M |
| Free Cash Flow | 362.69M |
| FCF Per Share | 1.42 |
Margins
Gross margin is 29.12%, with operating and profit margins of 2.28% and -9.08%.
| Gross Margin | 29.12% |
| Operating Margin | 2.28% |
| Pretax Margin | -11.96% |
| Profit Margin | -9.08% |
| EBITDA Margin | 8.72% |
| EBIT Margin | 2.28% |
| FCF Margin | 35.92% |
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 | 8.04% |
| Shareholder Yield | 8.04% |
| Earnings Yield | -2.95% |
| FCF Yield | 11.68% |
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 1.33 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.33 |
| Piotroski F-Score | 7 |