SHA:600863 Statistics

Total Valuation

SHA:600863 has a market cap or net worth of CNY 31.13 billion. The enterprise value is 47.00 billion.

Market Cap	31.13B
Enterprise Value	47.00B

Important Dates

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

Earnings Date	Apr 30, 2026
Ex-Dividend Date	Jul 28, 2025

Share Statistics

SHA:600863 has 6.53 billion shares outstanding. The number of shares has increased by 1.12% in one year.

Current Share Class	6.53B
Shares Outstanding	6.53B
Shares Change (YoY)	+1.12%
Shares Change (QoQ)	-5.65%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	10.91%
Float	3.15B

Valuation Ratios

The trailing PE ratio is 16.02 and the forward PE ratio is 12.72.

PE Ratio	16.02
Forward PE	12.72
PS Ratio	1.50
PB Ratio	1.24
P/TBV Ratio	2.12
P/FCF Ratio	35.28
P/OCF Ratio	6.09
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 8.67, with an EV/FCF ratio of 53.27.

EV / Earnings	24.35
EV / Sales	2.26
EV / EBITDA	8.67
EV / EBIT	14.07
EV / FCF	53.27

Financial Position

The company has a current ratio of 0.80, with a Debt / Equity ratio of 0.44.

Current Ratio	0.80
Quick Ratio	0.68
Debt / Equity	0.44
Debt / EBITDA	2.02
Debt / FCF	12.43
Interest Coverage	14.12

Financial Efficiency

Return on equity (ROE) is 9.87% and return on invested capital (ROIC) is 5.83%.

Return on Equity (ROE)	9.87%
Return on Assets (ROA)	5.17%
Return on Invested Capital (ROIC)	5.83%
Return on Capital Employed (ROCE)	10.48%
Revenue Per Employee	3.75M
Profits Per Employee	348,234
Employee Count	5,544
Asset Turnover	0.51
Inventory Turnover	34.56

Taxes

In the past 12 months, SHA:600863 has paid 481.10 million in taxes.

Income Tax	481.10M
Effective Tax Rate	16.30%

Stock Price Statistics

The stock price has increased by +9.66% in the last 52 weeks. The beta is -0.12, so SHA:600863's price volatility has been lower than the market average.

Beta (5Y)	-0.12
52-Week Price Change	+9.66%
50-Day Moving Average	4.37
200-Day Moving Average	4.14
Relative Strength Index (RSI)	68.07
Average Volume (20 Days)	62,191,672

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:600863 had revenue of CNY 20.76 billion and earned 1.93 billion in profits. Earnings per share was 0.30.

Revenue	20.76B
Gross Profit	4.17B
Operating Income	3.34B
Pretax Income	2.95B
Net Income	1.93B
EBITDA	5.39B
EBIT	3.34B
Earnings Per Share (EPS)	0.30

Full Income Statement

Balance Sheet

The company has 1.47 billion in cash and 10.97 billion in debt, giving a net cash position of -9.50 billion or -1.46 per share.

Cash & Cash Equivalents	1.47B
Total Debt	10.97B
Net Cash	-9.50B
Net Cash Per Share	-1.46
Equity (Book Value)	25.20B
Book Value Per Share	2.66
Working Capital	-1.75B

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 5.11 billion and capital expenditures -4.23 billion, giving a free cash flow of 882.35 million.

Operating Cash Flow	5.11B
Capital Expenditures	-4.23B
Free Cash Flow	882.35M
FCF Per Share	0.14

Full Cash Flow Statement

Margins

Gross margin is 20.08%, with operating and profit margins of 16.09% and 9.94%.

Gross Margin	20.08%
Operating Margin	16.09%
Pretax Margin	14.22%
Profit Margin	9.94%
EBITDA Margin	25.98%
EBIT Margin	16.09%
FCF Margin	4.25%

Dividends & Yields

This stock pays an annual dividend of 0.22, which amounts to a dividend yield of 4.55%.

Dividend Per Share	0.22
Dividend Yield	4.55%
Dividend Growth (YoY)	18.92%
Years of Dividend Growth	2
Payout Ratio	73.89%
Buyback Yield	-1.12%
Shareholder Yield	3.43%
Earnings Yield	6.20%
FCF Yield	2.83%

Dividend Details

Stock Splits

The last stock split was on July 25, 2014. It was a forward split with a ratio of 1.5.

Last Split Date	Jul 25, 2014
Split Type	Forward
Split Ratio	1.5

Scores

Altman Z-Score	n/a
Piotroski F-Score	4