China · Delayed Price · Currency is CNY SHA:603978 Statistics
Total Valuation
SHA:603978 has a market cap or net worth of CNY 5.66 billion. The enterprise value is 6.74 billion.
| Market Cap | 5.66B |
| Enterprise Value | 6.74B |
Important Dates
The next estimated earnings date is 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 1.76% in one year.
| Current Share Class | 209.48M |
| Shares Outstanding | 209.48M |
| Shares Change (YoY) | +1.76% |
| Shares Change (QoQ) | -23.77% |
| Owned by Insiders (%) | 23.12% |
| Owned by Institutions (%) | 2.13% |
| Float | 118.14M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 1.65 |
| PB Ratio | 3.42 |
| P/TBV Ratio | 3.60 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 1.97 |
| EV / EBITDA | 49.47 |
| EV / EBIT | n/a |
| EV / FCF | n/a |
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 | 11.85 |
| Debt / FCF | -7.53 |
| Interest Coverage | 0.16 |
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) | 0.16% |
| Return on Invested Capital (ROIC) | 1.18% |
| Return on Capital Employed (ROCE) | 0.54% |
| Weighted Average Cost of Capital (WACC) | 5.73% |
| Revenue Per Employee | 3.81M |
| Profits Per Employee | -70,866 |
| Employee Count | 899 |
| Asset Turnover | 0.79 |
| Inventory Turnover | 6.78 |
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 +61.31% in the last 52 weeks. The beta is 0.39, so SHA:603978's price volatility has been lower than the market average.
| Beta (5Y) | 0.39 |
| 52-Week Price Change | +61.31% |
| 50-Day Moving Average | 27.88 |
| 200-Day Moving Average | 26.02 |
| Relative Strength Index (RSI) | 47.64 |
| Average Volume (20 Days) | 10,884,245 |
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 | 161.00M |
| Operating Income | 11.04M |
| Pretax Income | -62.90M |
| Net Income | -63.71M |
| EBITDA | 136.15M |
| EBIT | 11.04M |
| 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 -5.13 per share.
| Cash & Cash Equivalents | 539.45M |
| Total Debt | 1.61B |
| Net Cash | -1.07B |
| Net Cash Per Share | -5.13 |
| Equity (Book Value) | 1.66B |
| Book Value Per Share | 7.92 |
| 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 | -1.02 |
Margins
Gross margin is 4.70%, with operating and profit margins of 0.32% and -1.86%.
| Gross Margin | 4.70% |
| Operating Margin | 0.32% |
| Pretax Margin | -1.84% |
| Profit Margin | -1.86% |
| EBITDA Margin | 3.97% |
| EBIT Margin | 0.32% |
| 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 | -1.12% |
| FCF Yield | -3.79% |
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 1.8 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.8 |
| Piotroski F-Score | 4 |