SHA/600918 (SHA/600918)

Shanghai Stock Exchange: SHA/600918 · CNY

CN¥5.37

-0.02 (-0.4%)· Recorded snapshot

Market cap	42.5B
Revenue (ttm)	13.5B
Net income (ttm)	2.5B
EPS (ttm)	CN¥0.30
Shares out	7.9B
P/E (trailing)	17.8x
P/E (forward)	22.4x
Dividend	CN¥0.05 (0.93%)
Volume	19,822,843
Beta	0.37

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 13.5B
Net income (ttm): 2.5B
EPS (ttm): CN¥0.30
P/E (trailing): 17.8x
P/E (forward): 22.4x
Market cap: 42.5B

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/E22.4

P25 n/aP50 n/aP75 n/a

Trailing P/E17.8

P25 n/aP50 n/aP75 n/a

ROE5.6

P25 n/aP50 n/aP75 n/a

ROIC1.8

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All SHA/600918 indicators

Market & fundamental data

Available fields

218

Groups with data

Currency

CNY

Showing 218 of 218 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	2026-10-31
Employees	9,477
Employees change	-171
Employees growth	-1.77%
Exchange	Shanghai Stock Exchange
Financial currency	CNY
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Founded	2001
Industry	Capital Markets
Is primary listing	Yes
ISIN number	CNE100004900
Last earnings date	2026-08-22
Last refreshed	2026-10-28
Market cap	CNY 42.5B
Next earnings date	2026-10-31
Price	CNY 5.37
Price currency	CNY
Sector	Financials
SIC code	6211
Stock price date	2026-10-28
Symbol	sha/600918
Website	https://www.zts.com.cn

Valuation

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

Metric	Value
Average P/E ratio (10Y)	39.79x
Average P/E ratio (3Y)	45.28x
Average P/E ratio (5Y)	40.19x
Earnings yield	5.63%
FCF yield	29.51%
Forward P/E	22.38x
Graham number	6.2166
Graham upside	15.77%
Industry forward P/E	9.33x
Industry P/E	11.38x
Lynch fair value	CNY 1.51
Lynch upside	-71.86%
P/B ratio	0.79x
P/E ratio	17.77x
P/FCF ratio	3.39x
P/OCF ratio	3.27x
P/S ratio	3.15x
Price / tangible book value	0.87x
Sector forward P/E	6.49x
Sector P/E	7.31x

Profitability

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

Metric	Value
Effective tax rate	28.14%
FCF margin	92.92%
Gross margin	38.6%
Operating margin	29.9%
Pretax margin	28.82%
Profit margin	18.34%
Profit per employee	CNY 261,255
Profitable quarters	10
Profitable years	20
Revenue per employee	CNY 1.4M
ROA	1.05%
ROA (5Y)	0.87%
ROE	5.64%
ROE (5Y)	4.39%
ROIC	1.79%
ROIC (5Y)	1.53%
Tax / revenue	8.11%

Growth

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

Metric	Value
EPS growth	105%
EPS growth (Q)	332.42%
EPS growth (QoQ)	251.13%
EPS growth 3Y	19.48%
EPS growth 5Y	-5.96%
EPS growth quarters	2
EPS growth years	1
FCF growth	-45.1%
FCF growth (Q)	-95.36%
FCF growth (QoQ)	-90.05%
FCF growth 3Y	122.42%
Net income growth	98.5%
Net income growth (Q)	275.91%
Net income growth (QoQ)	173.68%
Net income growth 3Y	23.4%
Net income growth 5Y	-2.73%
Net income growth quarters	2
Net income growth years	1
OCF growth	-44.22%
OCF growth (Q)	-94.99%
OCF growth (QoQ)	-89.34%
OCF growth 3Y	81.48%
Operating income growth	121.67%
Operating income growth (Q)	218.3%
Operating income growth 3Y	21.45%
Operating income growth 5Y	0.25%
Revenue growth	40.9%
Revenue growth (Q)	67.33%
Revenue growth (QoQ)	47.07%
Revenue growth 3Y	7.7%
Revenue growth 5Y	3.61%
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 -437M
EPS	CNY 0.30
FCF per share	CNY 1.58
Financing cash flow	CNY 16.1B
Free cash flow	CNY 12.5B
Gross profit	CNY 5.2B
Income taxes	CNY 1.1B
Investing cash flow	CNY -15.2B
Net borrowing	CNY 11.3B
Net cash flow	CNY 13.9B
Net income	CNY 2.5B
Operating income	CNY 4B
Revenue	CNY 13.5B

Financial strength

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

Metric	Value
Book value per share	CNY 5.68
Debt / equity	2.22
Debt / FCF	9.51
Goodwill	CNY 790.8M
Net cash (debt)	CNY 17.5B
Net cash / market cap	41.25%
Net cash growth	-14.17%
Net debt / equity	-0.33
Net debt / FCF	-1.4
Piotroski F-Score	5
Property, plant and equipment	CNY 5.2B
Shareholders' equity	CNY 53.6B
Tangible book value	CNY 49B
Tangible book value per share	CNY 5.55
Total assets	CNY 302.1B
Total cash	CNY 136.8B
Total debt	CNY 119.3B
Total liabilities	CNY 248.5B
WACC	1.65%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.05
Current ratio	1.15
Quick ratio	0.9
Working capital	CNY 32B
Working capital turnover	0.4

Dividends and buybacks

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

Metric	Value
Buyback yield / dilution	3.17%
Dividend growth	42.86%
Dividend growth (3Y)	24.36%
Dividend growth years	0
Dividend payment date	2026-07-13
Dividend payment years	6
Dividend payout frequency	Annual
Dividend per share	CNY 0.05
Dividend yield	0.93%
Ex-dividend date	2026-07-13
FCF payout ratio	3.16%
Last dividend	CNY 0.05
Payout ratio	69.55%
Shareholder yield	4.1%

Performance and technicals

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

Metric	Value
150-day SMA	CNY 5.65
1D price change	-0.37%
1M price change	-0.92%
1M total return	-0.92%
1W price change	0.75%
1W total return	0.75%
1Y price change	-23.18%
1Y return CAGR	-22.46%
1Y total return	-22.44%
20-day SMA	CNY 5.43
200-day SMA	CNY 5.85
3M price change	-3.42%
3M total return	-3.42%
3Y price change	-24.47%
3Y return CAGR	-8.32%
3Y total return	-22.95%
50-day SMA	CNY 5.53
50-day SMA vs 200-day SMA	50under200
52-week high	CNY 7.09
52-week high date	2025-10-31
52-week low	CNY 4.94
52-week low date	2026-06-10
5Y price change	-41.38%
5Y return CAGR	-9.55%
5Y total return	-39.46%
6M price change	-9.6%
6M total return	-8.73%
All-time high	CNY 23.08
All-time high date	2020-07-15
All-time low	CNY 4.94
All-time low date	2026-06-10
Average true range (ATR)	CNY 0.11
Average volume	27.1M
Beta (1Y)	0.04
Beta (2Y)	0.3
Beta (5Y)	0.37
Change from 52-week high	-24.26%
Change from 52-week low	8.7%
Change from all-time high	-76.73%
Change from all-time low	8.7%
Change from open	-0.92%
Day's gap	0.56%
Dollar volume	CNY 106.4M
High price	CNY 5.42
Low price	CNY 5.36
Monthly RSI	37.34
Open price	CNY 5.42
Position in 52-week range	16.67%
Previous close	CNY 5.39
Price vs 150-day SMA	-5.01%
Price vs 20-day SMA	-1.1%
Price vs 200-day SMA	-8.25%
Price vs 50-day SMA	-2.82%
Relative volume	0.72
RSI	44.18
Sharpe ratio	-1.35
Sharpe ratio (3Y)	-0.38
Sharpe ratio (5Y)	-0.44
Sortino ratio	-1.6
Sortino ratio (3Y)	-0.33
Sortino ratio (5Y)	-0.42
Volume	19.8M
Weekly RSI	38.34
YTD price change	-17.38%
YTD total return	-16.6%

Ownership and float

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

Metric	Value
Float	2.9B
Shares change (QoQ)	-22.06%
Shares change (YoY)	-3.17%
Shares held by institutions	12.78%
Shares outstanding	7.9B

Deeper analysis on SHA/600918

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/600918 report

Is a complete SHA/600918 research report available?

No complete published report is available for sha/600918 (SHA/600918) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

SHA/600918 (SHA/600918)

Price

Financial snapshot

Fair-value bridge

Latest news · SHA/600918

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All SHA/600918 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/600918

Frequently asked questions