China · Delayed Price · Currency is CNY SHA:603978 Statistics
Total Valuation
SHA:603978 has a market cap or net worth of CNY 4.23 billion. The enterprise value is 5.29 billion.
| Market Cap | 4.23B |
| Enterprise Value | 5.29B |
Important Dates
The last earnings date was Thursday, August 27, 2026.
| Earnings Date | Aug 27, 2026 |
| Ex-Dividend Date | n/a |
Share Statistics
SHA:603978 has 209.48 million shares outstanding. The number of shares has increased by 7.19% in one year.
| Current Share Class | 209.48M |
| Shares Outstanding | 209.48M |
| Shares Change (YoY) | +7.19% |
| Shares Change (QoQ) | +21.90% |
| Owned by Insiders (%) | 19.16% |
| Owned by Institutions (%) | 5.48% |
| Float | 127.73M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 1.14 |
| PB Ratio | 2.55 |
| P/TBV Ratio | 2.68 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 1.43 |
| EV / EBITDA | 36.88 |
| EV / EBIT | 219.93 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.07, with a Debt / Equity ratio of 1.15.
| Current Ratio | 1.07 |
| Quick Ratio | 0.85 |
| Debt / Equity | 1.15 |
| Debt / EBITDA | 13.31 |
| Debt / FCF | -6.71 |
| Interest Coverage | 0.38 |
Financial Efficiency
Return on equity (ROE) is -2.19% and return on invested capital (ROIC) is 0.88%.
| Return on Equity (ROE) | -2.19% |
| Return on Assets (ROA) | 0.32% |
| Return on Invested Capital (ROIC) | 0.88% |
| Return on Capital Employed (ROCE) | 1.16% |
| Weighted Average Cost of Capital (WACC) | 5.67% |
| Revenue Per Employee | 4.03M |
| Profits Per Employee | -40,249 |
| Employee Count | 918 |
| Asset Turnover | 0.78 |
| Inventory Turnover | 6.97 |
Taxes
| Income Tax | -5.78M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +5.05% in the last 52 weeks. The beta is 0.51, so SHA:603978's price volatility has been lower than the market average.
| Beta (5Y) | 0.51 |
| 52-Week Price Change | +5.05% |
| 50-Day Moving Average | 20.00 |
| 200-Day Moving Average | 25.53 |
| Relative Strength Index (RSI) | 47.50 |
| Average Volume (20 Days) | 13,550,756 |
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 3.70 billion and -36.95 million in losses. Loss per share was -0.18.
| Revenue | 3.70B |
| Gross Profit | 178.08M |
| Operating Income | 24.07M |
| Pretax Income | -42.72M |
| Net Income | -36.95M |
| EBITDA | 143.53M |
| EBIT | 24.07M |
| Loss Per Share | -0.18 |
Balance Sheet
The company has 845.04 million in cash and 1.91 billion in debt, with a net cash position of -1.07 billion or -5.09 per share.
| Cash & Cash Equivalents | 845.04M |
| Total Debt | 1.91B |
| Net Cash | -1.07B |
| Net Cash Per Share | -5.09 |
| Equity (Book Value) | 1.66B |
| Book Value Per Share | 7.55 |
| Working Capital | 223.42M |
Cash Flow
In the last 12 months, operating cash flow was -227.96 million and capital expenditures -56.57 million, giving a free cash flow of -284.53 million.
| Operating Cash Flow | -227.96M |
| Capital Expenditures | -56.57M |
| Depreciation & Amortization | 119.46M |
| Net Borrowing | 692.65M |
| Free Cash Flow | -284.53M |
| FCF Per Share | -1.36 |
Margins
Gross margin is 4.82%, with operating and profit margins of 0.65% and -1.00%.
| Gross Margin | 4.82% |
| Operating Margin | 0.65% |
| Pretax Margin | -1.16% |
| Profit Margin | -1.00% |
| EBITDA Margin | 3.88% |
| EBIT Margin | 0.65% |
| 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 | -7.19% |
| Shareholder Yield | -7.19% |
| Earnings Yield | -0.87% |
| FCF Yield | -6.73% |
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 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
| Altman Z-Score | n/a |
| Piotroski F-Score | 4 |