SHA:600123 Statistics

Total Valuation

SHA:600123 has a market cap or net worth of CNY 10.09 billion. The enterprise value is 20.47 billion.

Market Cap	10.09B
Enterprise Value	20.47B

Important Dates

The last earnings date was Friday, April 24, 2026.

Earnings Date	Apr 24, 2026
Ex-Dividend Date	Jul 14, 2025

Share Statistics

SHA:600123 has 1.47 billion shares outstanding. The number of shares has decreased by -0.22% in one year.

Current Share Class	1.47B
Shares Outstanding	1.47B
Shares Change (YoY)	-0.22%
Shares Change (QoQ)	+1.79%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	18.82%
Float	803.30M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	1.21
PB Ratio	0.69
P/TBV Ratio	3.03
P/FCF Ratio	n/a
P/OCF Ratio	40.63
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 18.15, with an EV/FCF ratio of -2.54.

EV / Earnings	-34.07
EV / Sales	2.45
EV / EBITDA	18.15
EV / EBIT	n/a
EV / FCF	-2.54

Financial Position

The company has a current ratio of 0.63, with a Debt / Equity ratio of 1.09.

Current Ratio	0.63
Quick Ratio	0.54
Debt / Equity	1.09
Debt / EBITDA	14.08
Debt / FCF	-1.97
Interest Coverage	-101.23

Financial Efficiency

Return on equity (ROE) is -6.00% and return on invested capital (ROIC) is -2.12%.

Return on Equity (ROE)	-6.00%
Return on Assets (ROA)	-0.99%
Return on Invested Capital (ROIC)	-2.12%
Return on Capital Employed (ROCE)	-2.07%
Weighted Average Cost of Capital (WACC)	2.03%
Revenue Per Employee	442,626
Profits Per Employee	-31,810
Employee Count	18,886
Asset Turnover	0.25
Inventory Turnover	8.86

Taxes

Income Tax	-16.86M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -2.41% in the last 52 weeks. The beta is 0.17, so SHA:600123's price volatility has been lower than the market average.

Beta (5Y)	0.17
52-Week Price Change	-2.41%
50-Day Moving Average	6.62
200-Day Moving Average	6.55
Relative Strength Index (RSI)	60.63
Average Volume (20 Days)	33,175,380

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:600123 had revenue of CNY 8.36 billion and -600.76 million in losses. Loss per share was -0.41.

Revenue	8.36B
Gross Profit	1.57B
Operating Income	-534.68M
Pretax Income	-925.57M
Net Income	-600.76M
EBITDA	1.06B
EBIT	-534.68M
Loss Per Share	-0.41

Full Income Statement

Balance Sheet

The company has 4.94 billion in cash and 15.88 billion in debt, giving a net cash position of -10.94 billion or -7.42 per share.

Cash & Cash Equivalents	4.94B
Total Debt	15.88B
Net Cash	-10.94B
Net Cash Per Share	-7.42
Equity (Book Value)	14.55B
Book Value Per Share	10.24
Working Capital	-4.05B

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 248.41 million and capital expenditures -8.31 billion, giving a free cash flow of -8.06 billion.

Operating Cash Flow	248.41M
Capital Expenditures	-8.31B
Depreciation & Amortization	1.59B
Net Borrowing	6.92B
Free Cash Flow	-8.06B
FCF Per Share	-5.47

Full Cash Flow Statement

Margins

Gross margin is 18.83%, with operating and profit margins of -6.40% and -7.19%.

Gross Margin	18.83%
Operating Margin	-6.40%
Pretax Margin	-11.07%
Profit Margin	-7.19%
EBITDA Margin	12.67%
EBIT Margin	-6.40%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of 0.15, which amounts to a dividend yield of 2.25%.

Dividend Per Share	0.15
Dividend Yield	2.25%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	0.22%
Shareholder Yield	2.47%
Earnings Yield	-5.95%
FCF Yield	-79.90%

Dividend Details

Stock Splits

The last stock split was on June 19, 2023. It was a forward split with a ratio of 1.3.

Last Split Date	Jun 19, 2023
Split Type	Forward
Split Ratio	1.3

Scores

Altman Z-Score	n/a
Piotroski F-Score	2