SHA:600970 Statistics

Total Valuation

SHA:600970 has a market cap or net worth of CNY 26.17 billion. The enterprise value is 26.15 billion.

Market Cap	26.17B
Enterprise Value	26.15B

Important Dates

The next confirmed earnings date is Wednesday, April 29, 2026.

Earnings Date	Apr 29, 2026
Ex-Dividend Date	Jun 12, 2025

Share Statistics

SHA:600970 has 2.62 billion shares outstanding. The number of shares has decreased by -0.46% in one year.

Current Share Class	2.62B
Shares Outstanding	2.62B
Shares Change (YoY)	-0.46%
Shares Change (QoQ)	+1.77%
Owned by Insiders (%)	0.10%
Owned by Institutions (%)	10.26%
Float	1.08B

Valuation Ratios

The trailing PE ratio is 9.90 and the forward PE ratio is 8.23.

PE Ratio	9.90
Forward PE	8.23
PS Ratio	0.53
PB Ratio	1.04
P/TBV Ratio	1.23
P/FCF Ratio	13.96
P/OCF Ratio	10.75
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 7.17, with an EV/FCF ratio of 13.95.

EV / Earnings	9.85
EV / Sales	0.53
EV / EBITDA	7.17
EV / EBIT	8.58
EV / FCF	13.95

Financial Position

The company has a current ratio of 1.36, with a Debt / Equity ratio of 0.23.

Current Ratio	1.36
Quick Ratio	0.97
Debt / Equity	0.23
Debt / EBITDA	1.61
Debt / FCF	3.13
Interest Coverage	15.82

Financial Efficiency

Return on equity (ROE) is 11.75% and return on invested capital (ROIC) is 10.98%.

Return on Equity (ROE)	11.75%
Return on Assets (ROA)	3.12%
Return on Invested Capital (ROIC)	10.98%
Return on Capital Employed (ROCE)	10.70%
Weighted Average Cost of Capital (WACC)	6.39%
Revenue Per Employee	3.22M
Profits Per Employee	174,578
Employee Count	15,201
Asset Turnover	0.80
Inventory Turnover	13.69

Taxes

In the past 12 months, SHA:600970 has paid 526.79 million in taxes.

Income Tax	526.79M
Effective Tax Rate	15.59%

Stock Price Statistics

The stock price has increased by +8.83% in the last 52 weeks. The beta is 0.54, so SHA:600970's price volatility has been lower than the market average.

Beta (5Y)	0.54
52-Week Price Change	+8.83%
50-Day Moving Average	10.62
200-Day Moving Average	9.81
Relative Strength Index (RSI)	39.00
Average Volume (20 Days)	26,586,528

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:600970 had revenue of CNY 48.96 billion and earned 2.65 billion in profits. Earnings per share was 1.01.

Revenue	48.96B
Gross Profit	8.99B
Operating Income	3.05B
Pretax Income	3.38B
Net Income	2.65B
EBITDA	3.62B
EBIT	3.05B
Earnings Per Share (EPS)	1.01

Full Income Statement

Balance Sheet

The company has 7.07 billion in cash and 5.87 billion in debt, giving a net cash position of 1.21 billion or 0.46 per share.

Cash & Cash Equivalents	7.07B
Total Debt	5.87B
Net Cash	1.21B
Net Cash Per Share	0.46
Equity (Book Value)	25.10B
Book Value Per Share	8.75
Working Capital	12.73B

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 2.43 billion and capital expenditures -558.79 million, giving a free cash flow of 1.87 billion.

Operating Cash Flow	2.43B
Capital Expenditures	-558.79M
Depreciation & Amortization	571.39M
Net Borrowing	-139.33M
Free Cash Flow	1.87B
FCF Per Share	0.72

Full Cash Flow Statement

Margins

Gross margin is 18.36%, with operating and profit margins of 6.22% and 5.42%.

Gross Margin	18.36%
Operating Margin	6.22%
Pretax Margin	6.90%
Profit Margin	5.42%
EBITDA Margin	7.39%
EBIT Margin	6.22%
FCF Margin	3.83%

Dividends & Yields

This stock pays an annual dividend of 0.48, which amounts to a dividend yield of 4.82%.

Dividend Per Share	0.48
Dividend Yield	4.82%
Dividend Growth (YoY)	12.50%
Years of Dividend Growth	3
Payout Ratio	51.86%
Buyback Yield	0.46%
Shareholder Yield	5.28%
Earnings Yield	10.14%
FCF Yield	7.16%

Dividend Details

Stock Splits

The last stock split was on May 30, 2016. It was a forward split with a ratio of 1.5.

Last Split Date	May 30, 2016
Split Type	Forward
Split Ratio	1.5

Scores

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