CSD Water Service Statistics

Total Valuation

SHA:603903 has a market cap or net worth of CNY 3.02 billion. The enterprise value is 3.88 billion.

Market Cap	3.02B
Enterprise Value	3.88B

Important Dates

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

Earnings Date	Apr 29, 2026
Ex-Dividend Date	n/a

Share Statistics

SHA:603903 has 255.32 million shares outstanding. The number of shares has increased by 1.55% in one year.

Current Share Class	255.32M
Shares Outstanding	255.32M
Shares Change (YoY)	+1.55%
Shares Change (QoQ)	+11.78%
Owned by Insiders (%)	6.40%
Owned by Institutions (%)	1.43%
Float	142.64M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	2.94
PB Ratio	2.06
P/TBV Ratio	6.60
P/FCF Ratio	16.56
P/OCF Ratio	15.26
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 19.65, with an EV/FCF ratio of 21.27.

EV / Earnings	-36.63
EV / Sales	3.78
EV / EBITDA	19.65
EV / EBIT	31.48
EV / FCF	21.27

Financial Position

The company has a current ratio of 1.18, with a Debt / Equity ratio of 0.79.

Current Ratio	1.18
Quick Ratio	1.09
Debt / Equity	0.79
Debt / EBITDA	5.88
Debt / FCF	6.36
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is -9.15% and return on invested capital (ROIC) is 4.80%.

Return on Equity (ROE)	-9.15%
Return on Assets (ROA)	1.80%
Return on Invested Capital (ROIC)	4.80%
Return on Capital Employed (ROCE)	5.40%
Weighted Average Cost of Capital (WACC)	4.80%
Revenue Per Employee	704,033
Profits Per Employee	-72,684
Employee Count	1,456
Asset Turnover	0.24
Inventory Turnover	11.20

Taxes

Income Tax	-2.22M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +78.01% in the last 52 weeks. The beta is 0.43, so SHA:603903's price volatility has been lower than the market average.

Beta (5Y)	0.43
52-Week Price Change	+78.01%
50-Day Moving Average	11.95
200-Day Moving Average	12.15
Relative Strength Index (RSI)	48.25
Average Volume (20 Days)	6,639,848

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:603903 had revenue of CNY 1.03 billion and -105.83 million in losses. Loss per share was -0.41.

Revenue	1.03B
Gross Profit	290.07M
Operating Income	123.14M
Pretax Income	-143.39M
Net Income	-105.83M
EBITDA	189.10M
EBIT	123.14M
Loss Per Share	-0.41

Full Income Statement

Balance Sheet

The company has 355.29 million in cash and 1.16 billion in debt, giving a net cash position of -803.97 million or -3.15 per share.

Cash & Cash Equivalents	355.29M
Total Debt	1.16B
Net Cash	-803.97M
Net Cash Per Share	-3.15
Equity (Book Value)	1.47B
Book Value Per Share	5.03
Working Capital	295.77M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 197.76 million and capital expenditures -15.48 million, giving a free cash flow of 182.28 million.

Operating Cash Flow	197.76M
Capital Expenditures	-15.48M
Depreciation & Amortization	65.96M
Net Borrowing	-341.25M
Free Cash Flow	182.28M
FCF Per Share	0.71

Full Cash Flow Statement

Margins

Gross margin is 28.30%, with operating and profit margins of 12.01% and -10.32%.

Gross Margin	28.30%
Operating Margin	12.01%
Pretax Margin	-13.99%
Profit Margin	-10.32%
EBITDA Margin	18.45%
EBIT Margin	12.01%
FCF Margin	17.78%

Dividends & Yields

SHA:603903 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	-1.55%
Shareholder Yield	-1.55%
Earnings Yield	-3.51%
FCF Yield	6.04%

Dividend Details

Stock Splits

The last stock split was on July 13, 2020. It was a forward split with a ratio of 1.4.

Last Split Date	Jul 13, 2020
Split Type	Forward
Split Ratio	1.4

Scores

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