China · Delayed Price · Currency is CNY SHA:603978 Statistics
Total Valuation
SHA:603978 has a market cap or net worth of CNY 5.48 billion. The enterprise value is 6.82 billion.
| Market Cap | 5.48B |
| Enterprise Value | 6.82B |
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:603978 has 208.29 million shares outstanding. The number of shares has increased by 49.87% in one year.
| Current Share Class | 208.29M |
| Shares Outstanding | 208.29M |
| Shares Change (YoY) | +49.87% |
| Shares Change (QoQ) | +16.59% |
| Owned by Insiders (%) | 22.86% |
| Owned by Institutions (%) | 1.14% |
| Float | 118.53M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 1.80 |
| PB Ratio | 3.28 |
| P/TBV Ratio | 3.85 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 118.07, with an EV/FCF ratio of -58.04.
| EV / Earnings | -26.76 |
| EV / Sales | 2.25 |
| EV / EBITDA | 118.07 |
| EV / EBIT | n/a |
| EV / FCF | -58.04 |
Financial Position
The company has a current ratio of 1.29, with a Debt / Equity ratio of 0.89.
| Current Ratio | 1.29 |
| Quick Ratio | 0.93 |
| Debt / Equity | 0.89 |
| Debt / EBITDA | 25.64 |
| Debt / FCF | -12.61 |
| Interest Coverage | -1.41 |
Financial Efficiency
Return on equity (ROE) is -15.74% and return on invested capital (ROIC) is -2.91%.
| Return on Equity (ROE) | -15.74% |
| Return on Assets (ROA) | -1.18% |
| Return on Invested Capital (ROIC) | -2.91% |
| Return on Capital Employed (ROCE) | -3.35% |
| Weighted Average Cost of Capital (WACC) | 5.78% |
| Revenue Per Employee | 3.38M |
| Profits Per Employee | -283,462 |
| Employee Count | 899 |
| Asset Turnover | 0.73 |
| Inventory Turnover | 6.96 |
Taxes
In the past 12 months, SHA:603978 has paid 5.33 million in taxes.
| Income Tax | 5.33M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +95.47% in the last 52 weeks. The beta is 0.42, so SHA:603978's price volatility has been lower than the market average.
| Beta (5Y) | 0.42 |
| 52-Week Price Change | +95.47% |
| 50-Day Moving Average | 29.15 |
| 200-Day Moving Average | 20.84 |
| Relative Strength Index (RSI) | 43.42 |
| Average Volume (20 Days) | 17,172,693 |
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:603978 had revenue of CNY 3.04 billion and -254.83 million in losses. Loss per share was -1.30.
| Revenue | 3.04B |
| Gross Profit | 67.68M |
| Operating Income | -78.88M |
| Pretax Income | -250.19M |
| Net Income | -254.83M |
| EBITDA | 57.70M |
| EBIT | -78.88M |
| Loss Per Share | -1.30 |
Balance Sheet
The company has 300.13 million in cash and 1.48 billion in debt, with a net cash position of -1.18 billion or -5.67 per share.
| Cash & Cash Equivalents | 300.13M |
| Total Debt | 1.48B |
| Net Cash | -1.18B |
| Net Cash Per Share | -5.67 |
| Equity (Book Value) | 1.67B |
| Book Value Per Share | 7.26 |
| Working Capital | 530.90M |
Cash Flow
In the last 12 months, operating cash flow was -60.45 million and capital expenditures -57.06 million, giving a free cash flow of -117.50 million.
| Operating Cash Flow | -60.45M |
| Capital Expenditures | -57.06M |
| Free Cash Flow | -117.50M |
| FCF Per Share | -0.56 |
Margins
Gross margin is 2.23%, with operating and profit margins of -2.60% and -8.39%.
| Gross Margin | 2.23% |
| Operating Margin | -2.60% |
| Pretax Margin | -8.24% |
| Profit Margin | -8.39% |
| EBITDA Margin | 1.90% |
| EBIT Margin | -2.60% |
| FCF Margin | n/a |
Dividends & Yields
SHA:603978 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 | -49.87% |
| Shareholder Yield | -49.87% |
| Earnings Yield | -4.65% |
| FCF Yield | -2.14% |
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 May 4, 2018. It was a forward split with a ratio of 2.
| Last Split Date | May 4, 2018 |
| Split Type | Forward |
| Split Ratio | 2 |
Scores
SHA:603978 has an Altman Z-Score of 1.68 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.68 |
| Piotroski F-Score | 4 |