SHA:600023 Statistics

Total Valuation

SHA:600023 has a market cap or net worth of CNY 78.98 billion. The enterprise value is 124.71 billion.

Market Cap	78.98B
Enterprise Value	124.71B

Important Dates

The next estimated earnings date is Thursday, April 30, 2026.

Earnings Date	Apr 30, 2026
Ex-Dividend Date	Oct 17, 2025

Share Statistics

SHA:600023 has 13.41 billion shares outstanding. The number of shares has decreased by -0.21% in one year.

Current Share Class	13.41B
Shares Outstanding	13.41B
Shares Change (YoY)	-0.21%
Shares Change (QoQ)	+2.95%
Owned by Insiders (%)	0.00%
Owned by Institutions (%)	6.52%
Float	2.89B

Valuation Ratios

The trailing PE ratio is 10.72 and the forward PE ratio is 10.60.

PE Ratio	10.72
Forward PE	10.60
PS Ratio	1.02
PB Ratio	0.87
P/TBV Ratio	1.07
P/FCF Ratio	16.11
P/OCF Ratio	6.47
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 9.61, with an EV/FCF ratio of 25.43.

EV / Earnings	16.85
EV / Sales	1.61
EV / EBITDA	9.61
EV / EBIT	21.09
EV / FCF	25.43

Financial Position

The company has a current ratio of 1.10, with a Debt / Equity ratio of 0.53.

Current Ratio	1.10
Quick Ratio	0.83
Debt / Equity	0.53
Debt / EBITDA	3.70
Debt / FCF	9.80
Interest Coverage	4.90

Financial Efficiency

Return on equity (ROE) is 8.03% and return on invested capital (ROIC) is 2.70%.

Return on Equity (ROE)	8.03%
Return on Assets (ROA)	2.40%
Return on Invested Capital (ROIC)	2.70%
Return on Capital Employed (ROCE)	4.79%
Weighted Average Cost of Capital (WACC)	4.03%
Revenue Per Employee	5.85M
Profits Per Employee	557,417
Employee Count	13,277
Asset Turnover	0.51
Inventory Turnover	12.83

Taxes

In the past 12 months, SHA:600023 has paid 1.37 billion in taxes.

Income Tax	1.37B
Effective Tax Rate	16.01%

Stock Price Statistics

The stock price has decreased by -2.05% in the last 52 weeks. The beta is 0.17, so SHA:600023's price volatility has been lower than the market average.

Beta (5Y)	0.17
52-Week Price Change	-2.05%
50-Day Moving Average	5.46
200-Day Moving Average	5.22
Relative Strength Index (RSI)	57.82
Average Volume (20 Days)	66,864,751

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:600023 had revenue of CNY 77.61 billion and earned 7.40 billion in profits. Earnings per share was 0.55.

Revenue	77.61B
Gross Profit	9.30B
Operating Income	5.91B
Pretax Income	8.55B
Net Income	7.40B
EBITDA	12.59B
EBIT	5.91B
Earnings Per Share (EPS)	0.55

Full Income Statement

Balance Sheet

The company has 15.48 billion in cash and 48.06 billion in debt, giving a net cash position of -32.58 billion or -2.43 per share.

Cash & Cash Equivalents	15.48B
Total Debt	48.06B
Net Cash	-32.58B
Net Cash Per Share	-2.43
Equity (Book Value)	90.32B
Book Value Per Share	5.75
Working Capital	3.04B

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 12.21 billion and capital expenditures -7.31 billion, giving a free cash flow of 4.90 billion.

Operating Cash Flow	12.21B
Capital Expenditures	-7.31B
Depreciation & Amortization	n/a
Net Borrowing	-824.15M
Free Cash Flow	4.90B
FCF Per Share	0.37

Full Cash Flow Statement

Margins

Gross margin is 11.98%, with operating and profit margins of 7.62% and 9.54%.

Gross Margin	11.98%
Operating Margin	7.62%
Pretax Margin	11.01%
Profit Margin	9.54%
EBITDA Margin	16.22%
EBIT Margin	7.62%
FCF Margin	6.32%

Dividends & Yields

This stock pays an annual dividend of 0.33, which amounts to a dividend yield of 5.60%.

Dividend Per Share	0.33
Dividend Yield	5.60%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	5
Payout Ratio	77.00%
Buyback Yield	0.21%
Shareholder Yield	5.22%
Earnings Yield	9.37%
FCF Yield	6.21%

Dividend Details

Stock Splits

The last stock split was on June 19, 2014. It was a forward split with a ratio of 1.3.

Last Split Date	Jun 19, 2014
Split Type	Forward
Split Ratio	1.3

Scores

Altman Z-Score	n/a
Piotroski F-Score	5