Yueyang Forest & Paper Statistics

Total Valuation

SHA:600963 has a market cap or net worth of CNY 8.23 billion. The enterprise value is 14.80 billion.

Market Cap	8.23B
Enterprise Value	14.80B

Important Dates

The last earnings date was Saturday, April 25, 2026.

Earnings Date	Apr 25, 2026
Ex-Dividend Date	May 27, 2025

Share Statistics

SHA:600963 has 1.76 billion shares outstanding. The number of shares has decreased by -9.74% in one year.

Current Share Class	1.76B
Shares Outstanding	1.76B
Shares Change (YoY)	-9.74%
Shares Change (QoQ)	-20.61%
Owned by Insiders (%)	1.87%
Owned by Institutions (%)	3.84%
Float	925.83M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	0.97
PB Ratio	1.08
P/TBV Ratio	1.18
P/FCF Ratio	n/a
P/OCF Ratio	78.23
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 17.23, with an EV/FCF ratio of -19.84.

EV / Earnings	-54.62
EV / Sales	1.74
EV / EBITDA	17.23
EV / EBIT	70.04
EV / FCF	-19.84

Financial Position

The company has a current ratio of 1.07, with a Debt / Equity ratio of 0.95.

Current Ratio	1.07
Quick Ratio	0.46
Debt / Equity	0.95
Debt / EBITDA	8.38
Debt / FCF	-9.64
Interest Coverage	1.22

Financial Efficiency

Return on equity (ROE) is -3.47% and return on invested capital (ROIC) is 1.49%.

Return on Equity (ROE)	-3.47%
Return on Assets (ROA)	0.65%
Return on Invested Capital (ROIC)	1.49%
Return on Capital Employed (ROCE)	2.01%
Weighted Average Cost of Capital (WACC)	5.91%
Revenue Per Employee	2.16M
Profits Per Employee	-68,814
Employee Count	3,937
Asset Turnover	0.42
Inventory Turnover	1.55

Taxes

Income Tax	-13.89M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +8.84% in the last 52 weeks. The beta is 0.94, so SHA:600963's price volatility has been similar to the market average.

Beta (5Y)	0.94
52-Week Price Change	+8.84%
50-Day Moving Average	5.26
200-Day Moving Average	4.81
Relative Strength Index (RSI)	43.06
Average Volume (20 Days)	29,635,905

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:600963 had revenue of CNY 8.52 billion and -270.92 million in losses. Loss per share was -0.16.

Revenue	8.52B
Gross Profit	806.57M
Operating Income	211.30M
Pretax Income	-284.64M
Net Income	-270.92M
EBITDA	848.75M
EBIT	211.30M
Loss Per Share	-0.16

Full Income Statement

Balance Sheet

The company has 619.47 million in cash and 7.19 billion in debt, giving a net cash position of -6.57 billion or -3.74 per share.

Cash & Cash Equivalents	619.47M
Total Debt	7.19B
Net Cash	-6.57B
Net Cash Per Share	-3.74
Equity (Book Value)	7.60B
Book Value Per Share	5.89
Working Capital	650.90M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 105.14 million and capital expenditures -851.12 million, giving a free cash flow of -745.97 million.

Operating Cash Flow	105.14M
Capital Expenditures	-851.12M
Depreciation & Amortization	637.46M
Net Borrowing	-369.07M
Free Cash Flow	-745.97M
FCF Per Share	-0.42

Full Cash Flow Statement

Margins

Gross margin is 9.47%, with operating and profit margins of 2.48% and -3.18%.

Gross Margin	9.47%
Operating Margin	2.48%
Pretax Margin	-3.34%
Profit Margin	-3.18%
EBITDA Margin	9.97%
EBIT Margin	2.48%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of 0.03, which amounts to a dividend yield of 0.67%.

Dividend Per Share	0.03
Dividend Yield	0.67%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	9.74%
Shareholder Yield	10.41%
Earnings Yield	-3.29%
FCF Yield	-9.07%

Dividend Details

Stock Splits

The last stock split was on May 13, 2020. It was a forward split with a ratio of 1.3.

Last Split Date	May 13, 2020
Split Type	Forward
Split Ratio	1.3

Scores

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