SHA/600246 (SHA/600246)

Shanghai Stock Exchange: SHA/600246 · CNY

CN¥10.4

+0.26 (+2.6%)· Recorded snapshot

Market cap	20.1B
Revenue (ttm)	505.3M
Net income (ttm)	-841.1M
EPS (ttm)	-CN¥0.44
Shares out	1.9B
Volume	61,212,987
Beta	1.33

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 505.3M
Net income (ttm): -841.1M
EPS (ttm): -CN¥0.44
Market cap: 20.1B

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/En/a

P25 n/aP50 n/aP75 n/a

Trailing P/En/a

P25 n/aP50 n/aP75 n/a

ROE-18.2

P25 n/aP50 n/aP75 n/a

ROIC-8.5

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All SHA/600246 indicators

Market & fundamental data

Available fields

199

Groups with data

Currency

CNY

Showing 199 of 199 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	CNY
Country	China
Country code	CN
Earnings date	2026-10-29
Employees	345
Employees change	178
Employees growth	106.59%
Enterprise value	CNY 21.2B
Exchange	Shanghai Stock Exchange
Financial currency	CNY
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Founded	1991
Industry	Real Estate - Development
Is primary listing	Yes
ISIN number	CNE0000014S5
Last earnings date	2026-08-29
Last refreshed	2026-10-28
Last stock split date	2010-04-07
Last stock split type	Forward
Market cap	CNY 20.1B
Next earnings date	2026-10-29
Price	CNY 10.37
Price currency	CNY
Sector	Real Estate
SIC code	6552
Stock price date	2026-10-28
Symbol	sha/600246
Website	https://www.vantone.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Earnings yield	-4.24%
EV/Sales	40.95x
FCF / EV yield	-0.92%
FCF yield	-0.97%
P/B ratio	4.16x
P/S ratio	38.87x
Price / tangible book value	5.33x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	-92.69%
EBITDA margin	-51.88%
Gross margin	5.51%
Operating margin	-92.69%
Pretax margin	-186.05%
Profit margin	-166.45%
Profit per employee	CNY -2.4M
Revenue per employee	CNY 1.5M
ROA	-3.88%
ROA (5Y)	-1.18%
ROCE	-7.51%
ROE	-18.18%
ROE (5Y)	-5.99%
ROIC	-8.49%
ROIC (5Y)	-2.59%
Tax / revenue	-2.58%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth years	0
Gross profit growth	-79.95%
Gross profit growth (Q)	0.9%
Gross profit growth 3Y	-44.03%
Gross profit growth 5Y	-45.32%
Net income growth years	0
Revenue growth	13.12%
Revenue growth (Q)	72.01%
Revenue growth (QoQ)	16.55%
Revenue growth 10Y	-16.39%
Revenue growth 3Y	-2.23%
Revenue growth 5Y	-16.7%
Revenue growth quarters	1
Revenue growth years	0

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	CNY -67.7M
Depreciation and amortization	CNY 206.2M
EBIT	CNY -468.4M
EBITDA	CNY -262.2M
EPS	CNY -0.44
FCF per share	CNY -0.10
Financing cash flow	CNY 111.4M
Free cash flow	CNY -191.1M
Gross profit	CNY 27.9M
Income taxes	CNY -13M
Investing cash flow	CNY -349.1M
Net borrowing	CNY -173.9M
Net cash flow	CNY -361.1M
Net income	CNY -841.1M
Operating income	CNY -468.4M
Revenue	CNY 505.3M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	5.23
Book value per share	CNY 2.33
Debt / equity	0.35
Goodwill	CNY 715.7M
Interest coverage	-6.62
Long-term assets	CNY 5.7B
Long-term liabilities	CNY 1.5B
Net cash (debt)	CNY -845.4M
Net cash / market cap	-4.3%
Net debt / equity	0.18
Piotroski F-Score	3
Property, plant and equipment	CNY 128.1M
Shareholders' equity	CNY 4.7B
Tangible book value	CNY 3.7B
Tangible book value per share	CNY 1.90
Total assets	CNY 7.3B
Total cash	CNY 787.8M
Total debt	CNY 1.6B
Total liabilities	CNY 2.6B
WACC	10.93%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.07
Current assets	CNY 1.6B
Current liabilities	CNY 1.1B
Current ratio	1.49
Inventory turnover	1.07
Net working capital	CNY -80.1M
Quick ratio	1
Working capital	CNY 527.5M
Working capital turnover	0.47

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	-2.25%
Dividend growth (10Y)	-10.65%
Dividend growth (3Y)	30.5%
Dividend growth (5Y)	-22.16%
Dividend per share	CNY 0.00
Last dividend	CNY 0.06
Shareholder yield	-2.25%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	76.66%
10Y return CAGR	6.13%
10Y total return	81.28%
150-day SMA	CNY 13.32
15Y price change	160.55%
15Y return CAGR	7.45%
15Y total return	193.7%
1D price change	2.57%
1M price change	-27.68%
1M total return	-27.68%
1W price change	-7.9%
1W total return	-7.9%
1Y price change	-13.66%
1Y return CAGR	-13.66%
1Y total return	-13.66%
20-day SMA	CNY 11.81
200-day SMA	CNY 13.02
20Y price change	297.32%
20Y return CAGR	8.21%
20Y total return	384.66%
3M price change	-24.53%
3M total return	-24.53%
3Y price change	83.54%
3Y return CAGR	22.43%
3Y total return	83.54%
50-day SMA	CNY 12.30
50-day SMA vs 200-day SMA	50under200
52-week high	CNY 21.32
52-week high date	2026-06-29
52-week low	CNY 8.91
52-week low date	2026-04-07
5Y price change	-4.16%
5Y return CAGR	-0.85%
5Y total return	-4.16%
6M price change	-2.81%
6M total return	-2.81%
All-time high	CNY 21.32
All-time high date	2026-06-29
All-time low	CNY 0.76
All-time low date	2005-05-17
Average true range (ATR)	CNY 0.77
Average volume	72.7M
Beta (1Y)	0.78
Beta (2Y)	0.74
Beta (5Y)	1.33
Change from 52-week high	-51.36%
Change from 52-week low	16.39%
Change from all-time high	-51.36%
Change from all-time low	1,262.5%
Change from open	1.37%
Day's gap	1.19%
Dollar volume	CNY 634.8M
High price	CNY 10.46
Low price	CNY 10.10
Monthly RSI	49.09
Open price	CNY 10.23
Position in 52-week range	75%
Previous close	CNY 10.11
Price vs 150-day SMA	-22.15%
Price vs 20-day SMA	-12.17%
Price vs 200-day SMA	-20.33%
Price vs 50-day SMA	-15.67%
Relative volume	0.77
RSI	35.27
Sharpe ratio	0.03
Sharpe ratio (3Y)	0.59
Sharpe ratio (5Y)	0.31
Sortino ratio	0.12
Sortino ratio (3Y)	0.96
Sortino ratio (5Y)	0.56
Volume	61.2M
Weekly RSI	42.96
YTD price change	-15.69%
YTD total return	-15.69%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	1.6B
Shares change (QoQ)	-0.87%
Shares change (YoY)	2.25%
Shares held by insiders	0.46%
Shares held by institutions	24.24%
Shares outstanding	1.9B

Deeper analysis on SHA/600246

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

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Risks

Kill scenarios, soft-pass flags, and downside catalysts.

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Earnings

Next earnings setup and beat / inline / miss thresholds.

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Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

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Financials

Revenue, margins, cash flow, and balance-sheet context.

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Peers

Relative valuation and profitability against the cohort.

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Moat

Economic-profit evidence and competitive advantage risk.

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Industry cycle

Sector phase, capital cycle, and secular tailwinds.

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Frequently asked questions

About this SHA/600246 report

Is a complete SHA/600246 research report available?

No complete published report is available for sha/600246 (SHA/600246) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

SHA/600246 (SHA/600246)

Price

Financial snapshot

Fair-value bridge

Latest news · SHA/600246

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All SHA/600246 indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on SHA/600246

Frequently asked questions