SHA:600246 Statistics

Total Valuation

SHA:600246 has a market cap or net worth of CNY 24.16 billion. The enterprise value is 25.17 billion.

Market Cap	24.16B
Enterprise Value	25.17B

Important Dates

The last earnings date was Friday, October 31, 2025.

Earnings Date	Oct 31, 2025
Ex-Dividend Date	n/a

Share Statistics

SHA:600246 has 1.89 billion shares outstanding. The number of shares has increased by 0.54% in one year.

Current Share Class	1.89B
Shares Outstanding	1.89B
Shares Change (YoY)	+0.54%
Shares Change (QoQ)	+2.97%
Owned by Insiders (%)	0.05%
Owned by Institutions (%)	30.37%
Float	1.22B

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	50.29
PB Ratio	4.36
P/TBV Ratio	5.47
P/FCF Ratio	88.21
P/OCF Ratio	87.61
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 297.87, with an EV/FCF ratio of 91.88.

EV / Earnings	-69.75
EV / Sales	52.38
EV / EBITDA	297.87
EV / EBIT	n/a
EV / FCF	91.88

Financial Position

The company has a current ratio of 2.28, with a Debt / Equity ratio of 0.32.

Current Ratio	2.28
Quick Ratio	1.61
Debt / Equity	0.32
Debt / EBITDA	21.08
Debt / FCF	6.50
Interest Coverage	-1.37

Financial Efficiency

Return on equity (ROE) is -6.17% and return on invested capital (ROIC) is -0.86%.

Return on Equity (ROE)	-6.17%
Return on Assets (ROA)	-0.78%
Return on Invested Capital (ROIC)	-0.86%
Return on Capital Employed (ROCE)	-1.44%
Revenue Per Employee	2.88M
Profits Per Employee	-2.16M
Employee Count	167
Asset Turnover	0.06
Inventory Turnover	0.55

Taxes

In the past 12 months, SHA:600246 has paid 6.16 million in taxes.

Income Tax	6.16M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +32.54% in the last 52 weeks. The beta is 1.02, so SHA:600246's price volatility has been similar to the market average.

Beta (5Y)	1.02
52-Week Price Change	+32.54%
50-Day Moving Average	12.21
200-Day Moving Average	8.56
Relative Strength Index (RSI)	52.48
Average Volume (20 Days)	131,652,256

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:600246 had revenue of CNY 480.43 million and -360.81 million in losses. Loss per share was -0.19.

Revenue	480.43M
Gross Profit	138.75M
Operating Income	-103.63M
Pretax Income	-345.78M
Net Income	-360.81M
EBITDA	83.65M
EBIT	-103.63M
Loss Per Share	-0.19

Full Income Statement

Balance Sheet

The company has 1.06 billion in cash and 1.78 billion in debt, giving a net cash position of -717.54 million or -0.38 per share.

Cash & Cash Equivalents	1.06B
Total Debt	1.78B
Net Cash	-717.54M
Net Cash Per Share	-0.38
Equity (Book Value)	5.54B
Book Value Per Share	2.78
Working Capital	1.23B

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 275.76 million and capital expenditures -1.86 million, giving a free cash flow of 273.90 million.

Operating Cash Flow	275.76M
Capital Expenditures	-1.86M
Free Cash Flow	273.90M
FCF Per Share	0.14

Full Cash Flow Statement

Margins

Gross margin is 28.88%, with operating and profit margins of -21.57% and -75.10%.

Gross Margin	28.88%
Operating Margin	-21.57%
Pretax Margin	-71.97%
Profit Margin	-75.10%
EBITDA Margin	17.41%
EBIT Margin	-21.57%
FCF Margin	57.01%

Dividends & Yields

SHA:600246 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	-0.54%
Shareholder Yield	-0.54%
Earnings Yield	-1.49%
FCF Yield	1.13%

Dividend Details

Stock Splits

The last stock split was on April 7, 2010. It was a forward split with a ratio of 1.2.

Last Split Date	Apr 7, 2010
Split Type	Forward
Split Ratio	1.2

Scores

SHA:600246 has an Altman Z-Score of 3.81 and a Piotroski F-Score of 5.

Altman Z-Score	3.81
Piotroski F-Score	5