SHA:600981 Statistics

Total Valuation

SHA:600981 has a market cap or net worth of CNY 6.32 billion. The enterprise value is 13.40 billion.

Market Cap	6.32B
Enterprise Value	13.40B

Important Dates

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

Earnings Date	Apr 24, 2026
Ex-Dividend Date	n/a

Share Statistics

SHA:600981 has 2.24 billion shares outstanding. The number of shares has decreased by -23.61% in one year.

Current Share Class	2.24B
Shares Outstanding	2.24B
Shares Change (YoY)	-23.61%
Shares Change (QoQ)	n/a
Owned by Insiders (%)	0.24%
Owned by Institutions (%)	4.00%
Float	721.43M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	0.11
PB Ratio	1.12
P/TBV Ratio	1.47
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 26.01, with an EV/FCF ratio of -76.41.

EV / Earnings	-3,884.36
EV / Sales	0.23
EV / EBITDA	26.01
EV / EBIT	40.69
EV / FCF	-76.41

Financial Position

The company has a current ratio of 1.24, with a Debt / Equity ratio of 2.46.

Current Ratio	1.24
Quick Ratio	0.59
Debt / Equity	2.46
Debt / EBITDA	26.95
Debt / FCF	-79.17
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 0.17% and return on invested capital (ROIC) is 0.11%.

Return on Equity (ROE)	0.17%
Return on Assets (ROA)	0.73%
Return on Invested Capital (ROIC)	0.11%
Return on Capital Employed (ROCE)	3.53%
Weighted Average Cost of Capital (WACC)	2.63%
Revenue Per Employee	17.29M
Profits Per Employee	-1,044
Employee Count	3,305
Asset Turnover	2.02
Inventory Turnover	6.62

Taxes

In the past 12 months, SHA:600981 has paid 241.73 million in taxes.

Income Tax	241.73M
Effective Tax Rate	96.09%

Stock Price Statistics

The stock price has increased by +14.86% in the last 52 weeks. The beta is 0.75, so SHA:600981's price volatility has been lower than the market average.

Beta (5Y)	0.75
52-Week Price Change	+14.86%
50-Day Moving Average	3.13
200-Day Moving Average	3.13
Relative Strength Index (RSI)	39.41
Average Volume (20 Days)	19,767,197

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:600981 had revenue of CNY 57.14 billion and -3.45 million in losses. Loss per share was -0.00.

Revenue	57.14B
Gross Profit	1.71B
Operating Income	329.45M
Pretax Income	251.58M
Net Income	-3.45M
EBITDA	477.82M
EBIT	329.45M
Loss Per Share	-0.00

Full Income Statement

Balance Sheet

The company has 7.47 billion in cash and 13.89 billion in debt, giving a net cash position of -6.42 billion or -2.86 per share.

Cash & Cash Equivalents	7.47B
Total Debt	13.89B
Net Cash	-6.42B
Net Cash Per Share	-2.86
Equity (Book Value)	5.64B
Book Value Per Share	1.51
Working Capital	4.78B

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -128.29 million and capital expenditures -47.15 million, giving a free cash flow of -175.44 million.

Operating Cash Flow	-128.29M
Capital Expenditures	-47.15M
Depreciation & Amortization	148.37M
Net Borrowing	460.02M
Free Cash Flow	-175.44M
FCF Per Share	-0.08

Full Cash Flow Statement

Margins

Gross margin is 2.99%, with operating and profit margins of 0.58% and -0.01%.

Gross Margin	2.99%
Operating Margin	0.58%
Pretax Margin	0.44%
Profit Margin	-0.01%
EBITDA Margin	0.84%
EBIT Margin	0.58%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of 0.01, which amounts to a dividend yield of 0.35%.

Dividend Per Share	0.01
Dividend Yield	0.35%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	23.61%
Shareholder Yield	23.96%
Earnings Yield	-0.05%
FCF Yield	-2.77%

Dividend Details

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

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