China · Delayed Price · Currency is CNY SHA:603978 Statistics
Total Valuation
SHA:603978 has a market cap or net worth of CNY 6.15 billion. The enterprise value is 7.23 billion.
| Market Cap | 6.15B |
| Enterprise Value | 7.23B |
Important Dates
The last earnings date was 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 1.76% in one year.
| Current Share Class | 208.29M |
| Shares Outstanding | 208.29M |
| Shares Change (YoY) | +1.76% |
| Shares Change (QoQ) | -23.77% |
| Owned by Insiders (%) | 22.30% |
| Owned by Institutions (%) | 2.14% |
| Float | 120.12M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 1.80 |
| PB Ratio | 3.71 |
| P/TBV Ratio | 3.91 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 45.53, with an EV/FCF ratio of -33.70.
| EV / Earnings | -113.41 |
| EV / Sales | 2.11 |
| EV / EBITDA | 45.53 |
| EV / EBIT | 215.08 |
| EV / FCF | -33.70 |
Financial Position
The company has a current ratio of 1.08, with a Debt / Equity ratio of 0.97.
| Current Ratio | 1.08 |
| Quick Ratio | 0.83 |
| Debt / Equity | 0.97 |
| Debt / EBITDA | 10.17 |
| Debt / FCF | -7.53 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is -3.76% and return on invested capital (ROIC) is 1.18%.
| Return on Equity (ROE) | -3.76% |
| Return on Assets (ROA) | 0.49% |
| Return on Invested Capital (ROIC) | 1.18% |
| Return on Capital Employed (ROCE) | 1.63% |
| Weighted Average Cost of Capital (WACC) | 4.99% |
| Revenue Per Employee | 3.81M |
| Profits Per Employee | -70,866 |
| Employee Count | 899 |
| Asset Turnover | 0.79 |
| Inventory Turnover | 6.77 |
Taxes
In the past 12 months, SHA:603978 has paid 810,658 in taxes.
| Income Tax | 810,658 |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +108.47% in the last 52 weeks. The beta is 0.37, so SHA:603978's price volatility has been lower than the market average.
| Beta (5Y) | 0.37 |
| 52-Week Price Change | +108.47% |
| 50-Day Moving Average | 25.15 |
| 200-Day Moving Average | 24.22 |
| Relative Strength Index (RSI) | 67.45 |
| Average Volume (20 Days) | 12,147,251 |
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 3.43 billion and -63.71 million in losses. Loss per share was -0.33.
| Revenue | 3.43B |
| Gross Profit | 166.09M |
| Operating Income | 33.59M |
| Pretax Income | -62.90M |
| Net Income | -63.71M |
| EBITDA | 158.70M |
| EBIT | 33.59M |
| Loss Per Share | -0.33 |
Balance Sheet
The company has 539.45 million in cash and 1.61 billion in debt, with a net cash position of -1.07 billion or -5.16 per share.
| Cash & Cash Equivalents | 539.45M |
| Total Debt | 1.61B |
| Net Cash | -1.07B |
| Net Cash Per Share | -5.16 |
| Equity (Book Value) | 1.66B |
| Book Value Per Share | 9.19 |
| Working Capital | 210.96M |
Cash Flow
In the last 12 months, operating cash flow was -162.53 million and capital expenditures -51.88 million, giving a free cash flow of -214.41 million.
| Operating Cash Flow | -162.53M |
| Capital Expenditures | -51.88M |
| Depreciation & Amortization | 125.11M |
| Net Borrowing | 192.59M |
| Free Cash Flow | -214.41M |
| FCF Per Share | -1.03 |
Margins
Gross margin is 4.85%, with operating and profit margins of 0.98% and -1.86%.
| Gross Margin | 4.85% |
| Operating Margin | 0.98% |
| Pretax Margin | -1.84% |
| Profit Margin | -1.86% |
| EBITDA Margin | 4.63% |
| EBIT Margin | 0.98% |
| 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 | -1.76% |
| Shareholder Yield | -1.76% |
| Earnings Yield | -1.04% |
| FCF Yield | -3.49% |
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 |