SHA/600396 (SHA/600396)

Shanghai Stock Exchange: SHA/600396 · CNY

CN¥10.1

+0.07 (+0.7%)· Recorded snapshot

Market cap	14.9B
Revenue (ttm)	4.6B
Net income (ttm)	47.4M
EPS (ttm)	CN¥0.03
Shares out	1.5B
P/E (trailing)	315.0x
Volume	35,067,521
Beta	-0.19

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 4.6B
Net income (ttm): 47.4M
EPS (ttm): CN¥0.03
P/E (trailing): 315.0x
Market cap: 14.9B

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/E315

P25 n/aP50 n/aP75 n/a

ROE6.3

P25 n/aP50 n/aP75 n/a

ROIC2.6

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All SHA/600396 indicators

Market & fundamental data

Available fields

213

Groups with data

Currency

CNY

Showing 213 of 213 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	1,542
Employees change	24
Employees growth	1.58%
Enterprise value	CNY 27.3B
Exchange	Shanghai Stock Exchange
Financial currency	CNY
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Founded	1998
Industry	Utilities - Diversified
Is primary listing	Yes
ISIN number	CNE0000017N9
Last earnings date	2026-08-26
Last refreshed	2026-10-28
Last stock split date	2014-05-16
Last stock split type	Forward
Market cap	CNY 14.9B
Next earnings date	2026-10-29
Price	CNY 10.14
Price currency	CNY
Sector	Utilities
SIC code	4911
Stock price date	2026-10-28
Symbol	sha/600396

Valuation

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

Metric	Value
Average P/E ratio (3Y)	105.83x
Earnings yield	0.32%
EV/Earnings	575.47x
EV/EBIT	45.09x
EV/EBITDA	22.2x
EV/Sales	5.97x
FCF / EV yield	-0.71%
FCF yield	-1.31%
Graham number	0.85735
Graham upside	-91.54%
Industry P/E	18.31x
P/B ratio	3.19x
P/E ratio	315.04x
P/OCF ratio	13.07x
P/S ratio	3.26x
Price / tangible book value	12.66x
Price/EBITDA ratio	11.91x
Sector forward P/E	16.74x
Sector P/E	21.59x

Profitability

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

Metric	Value
EBIT margin	13.77%
EBITDA margin	27.4%
Effective tax rate	21.51%
Gross margin	21.43%
Operating margin	13.77%
Pretax margin	8.02%
Profit margin	1.04%
Profit per employee	CNY 30,765
Profitable years	3
Revenue per employee	CNY 3M
ROA	2.46%
ROA (5Y)	-0.96%
ROCE	4.97%
ROE	6.33%
ROIC	2.61%
Tax / revenue	1.72%

Growth

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

Metric	Value
EPS growth	-6.1%
EPS growth 10Y	-15.73%
EPS growth quarters	2
EPS growth years	0
Net income growth	-6.04%
Net income growth quarters	2
Net income growth years	0
OCF growth	49.9%
OCF growth 10Y	-6.66%
OCF growth 5Y	-2.8%
Revenue growth	5.53%
Revenue growth (Q)	17.31%
Revenue growth (QoQ)	-40.34%
Revenue growth 10Y	-3.7%
Revenue growth 3Y	-13.65%
Revenue growth 5Y	-8.35%
Revenue growth quarters	2
Revenue growth years	0

Financial statements

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

Metric	Value
Capital expenditures	CNY -1.3B
EBIT	CNY 630.2M
EBITDA	CNY 1.3B
EPS	CNY 0.03
FCF per share	CNY -0.13
Financing cash flow	CNY 2.7B
Free cash flow	CNY -195M
Gross profit	CNY 980.7M
Income taxes	CNY 78.9M
Investing cash flow	CNY -1.3B
Net borrowing	CNY 3B
Net cash flow	CNY 2.5B
Net income	CNY 47.4M
Operating income	CNY 630.2M
Revenue	CNY 4.6B

Financial strength

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

Metric	Value
Book value per share	CNY 1.02
Debt / EBITDA	9.75
Debt / equity	2.61
Interest coverage	3.05
Long-term assets	CNY 13.1B
Long-term liabilities	CNY 8B
Net cash (debt)	CNY -9.2B
Net cash / market cap	-61.5%
Net debt / EBITDA	7.33
Net debt / equity	1.96
Piotroski F-Score	5
Property, plant and equipment	CNY 11.8B
Shareholders' equity	CNY 4.7B
Tangible book value	CNY 1.2B
Tangible book value per share	CNY 0.80
Total assets	CNY 18B
Total cash	CNY 3B
Total debt	CNY 12.2B
Total liabilities	CNY 13.3B
WACC	2.35%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.29
Current assets	CNY 4.9B
Current liabilities	CNY 5.3B
Current ratio	0.93
Inventory turnover	30.82
Net working capital	CNY 964.8M
Quick ratio	0.85
Working capital	CNY -379.3M
Working capital turnover	-2.57

Dividends and buybacks

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

Metric	Value
Buyback yield / dilution	-0.07%
Dividend growth (10Y)	-11.68%
Dividend growth (3Y)	-70.76%
Dividend growth (5Y)	-19.73%
Dividend per share	CNY 0.00
Last dividend	CNY 0.01
Payout ratio	625.65%
Shareholder yield	-0.07%

Performance and technicals

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

Metric	Value
10Y price change	85.04%
10Y return CAGR	6.36%
10Y total return	85.28%
150-day SMA	CNY 13.36
15Y price change	163.72%
15Y return CAGR	7.08%
15Y total return	179.18%
1D price change	0.7%
1M price change	-20.47%
1M total return	-20.47%
1W price change	-9.63%
1W total return	-9.63%
1Y price change	208.21%
1Y return CAGR	208.45%
1Y total return	208.21%
20-day SMA	CNY 11.50
200-day SMA	CNY 10.83
20Y price change	247.38%
20Y return CAGR	6.77%
20Y total return	270.62%
3M price change	-35.33%
3M total return	-35.33%
3Y price change	294.55%
3Y return CAGR	58%
3Y total return	294.55%
50-day SMA	CNY 13.36
50-day SMA vs 200-day SMA	50over200
52-week high	CNY 23.04
52-week high date	2026-06-05
52-week low	CNY 2.83
52-week low date	2025-12-31
5Y price change	303.98%
5Y return CAGR	32.22%
5Y total return	303.98%
6M price change	0.2%
6M total return	0.2%
All-time high	CNY 23.04
All-time high date	2026-06-05
All-time low	CNY 1.55
All-time low date	2005-04-25
Average true range (ATR)	CNY 0.60
Average volume	54M
Beta (1Y)	0.2
Beta (2Y)	0.31
Beta (5Y)	-0.19
Change from 52-week high	-55.99%
Change from 52-week low	258.3%
Change from all-time high	-55.99%
Change from all-time low	555.89%
Change from open	0.5%
Day's gap	0.2%
Dollar volume	CNY 355.6M
High price	CNY 10.26
Low price	CNY 9.98
Monthly RSI	57.11
Open price	CNY 10.09
Position in 52-week range	57.14%
Previous close	CNY 10.07
Price vs 150-day SMA	-24.11%
Price vs 20-day SMA	-11.84%
Price vs 200-day SMA	-6.35%
Price vs 50-day SMA	-24.08%
Relative volume	0.65
RSI	26.47
Sharpe ratio	1.8
Sharpe ratio (3Y)	1.03
Sharpe ratio (5Y)	0.75
Sortino ratio	3
Sortino ratio (3Y)	1.75
Sortino ratio (5Y)	1.3
Volume	35.1M
Weekly RSI	44.23
YTD price change	255.79%
YTD total return	255.79%

Ownership and float

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

Metric	Value
Float	633M
Shares change (QoQ)	-0.09%
Shares change (YoY)	0.07%
Shares held by institutions	1.8%
Shares outstanding	1.5B

Deeper analysis on SHA/600396

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

Forecast

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

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Valuation

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

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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/600396 report

Is a complete SHA/600396 research report available?

No complete published report is available for sha/600396 (SHA/600396) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

SHA/600396 (SHA/600396)

Price

Financial snapshot

Fair-value bridge

Latest news · SHA/600396

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All SHA/600396 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/600396

Frequently asked questions