SHE/000685 (SHE/000685)

Shenzhen Stock Exchange: SHE/000685 · CNY

CN¥10.4

+0.00 (0.0%)· Recorded snapshot

Market cap	15.2B
Revenue (ttm)	4.7B
Net income (ttm)	2.6B
EPS (ttm)	CN¥1.79
Shares out	1.5B
P/E (trailing)	5.8x
P/E (forward)	6.1x
Dividend	CN¥0.39 (3.71%)
Volume	7,308,530
Beta	0.58

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 4.7B
Net income (ttm): 2.6B
EPS (ttm): CN¥1.79
P/E (trailing): 5.8x
P/E (forward): 6.1x
Market cap: 15.2B

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/E6.1

P25 n/aP50 n/aP75 n/a

Trailing P/E5.8

P25 n/aP50 n/aP75 n/a

ROE13.9

P25 n/aP50 n/aP75 n/a

ROIC1

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All SHE/000685 indicators

Market & fundamental data

Available fields

236

Groups with data

Currency

CNY

Showing 236 of 236 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	2026-10-30
Employees	6,825
Employees change	1,031
Employees growth	17.79%
Enterprise value	CNY 24.7B
Exchange	Shenzhen Stock Exchange
Financial currency	CNY
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Founded	1992
Industry	Utilities - Regulated Water
Is primary listing	Yes
ISIN number	CNE0000006B7
Last earnings date	2026-08-29
Last refreshed	2026-10-28
Last stock split date	2015-07-07
Last stock split type	Forward
Market cap	CNY 15.2B
Next earnings date	2026-10-30
Price	CNY 10.37
Price currency	CNY
Sector	Utilities
SIC code	4941
Stock price date	2026-10-28
Symbol	she/000685
Website	https://www.zpug.net

Valuation

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

Metric	Value
Average P/E ratio (10Y)	11.46x
Average P/E ratio (3Y)	10.19x
Average P/E ratio (5Y)	9.86x
Earnings yield	17.26%
EV/Earnings	9.4x
EV/EBIT	50.42x
EV/EBITDA	20.57x
EV/Sales	5.3x
FCF / EV yield	-1.53%
FCF yield	-2.49%
Forward P/E	6.06x
Graham number	23.05706
Graham upside	122.34%
Industry P/E	14.51x
Lynch fair value	CNY 21.78
Lynch upside	110.07%
P/B ratio	0.76x
P/E ratio	5.79x
P/OCF ratio	16.63x
P/S ratio	3.26x
Price / tangible book value	1.01x
Price/EBITDA ratio	12.87x
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	10.5%
EBITDA margin	25.35%
Effective tax rate	3.72%
Gross margin	26%
Operating margin	10.5%
Pretax margin	58.92%
Profit margin	56.34%
Profit per employee	CNY 385,004
Profitable quarters	98
Profitable years	33
Revenue per employee	CNY 683,348
ROA	0.82%
ROA (5Y)	0.94%
ROCE	1.86%
ROE	13.89%
ROE (5Y)	7.93%
ROIC	1.02%
Tax / revenue	2.19%

Growth

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

Metric	Value
EPS growth	92.45%
EPS growth (Q)	114.47%
EPS growth (QoQ)	49.68%
EPS growth 10Y	9.68%
EPS growth 3Y	33.04%
EPS growth 5Y	12.36%
EPS growth quarters	9
EPS growth years	2
Net income growth	92.8%
Net income growth (Q)	113.2%
Net income growth (QoQ)	51.61%
Net income growth 3Y	33.29%
Net income growth 5Y	12.17%
Net income growth quarters	9
Net income growth years	2
OCF growth (Q)	373.95%
OCF growth 10Y	11.29%
OCF growth 3Y	10.42%
OCF growth 5Y	5.33%
Revenue growth	-17.39%
Revenue growth (Q)	2.02%
Revenue growth (QoQ)	16.03%
Revenue growth 10Y	11.74%
Revenue growth 3Y	1.76%
Revenue growth 5Y	13.82%
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 489.8M
EBITDA	CNY 1.2B
EPS	CNY 1.79
FCF per share	CNY -0.26
Financing cash flow	CNY 927.9M
Free cash flow	CNY -379.1M
Gross profit	CNY 1.2B
Income taxes	CNY 102.3M
Investing cash flow	CNY -1.3B
Net borrowing	CNY 1.6B
Net cash flow	CNY 493.3M
Net income	CNY 2.6B
Operating income	CNY 489.8M
Revenue	CNY 4.7B

Financial strength

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

Metric	Value
Book value per share	CNY 13.20
Debt / EBITDA	9.24
Debt / equity	0.55
Goodwill	CNY 24.7M
Interest coverage	1.63
Long-term assets	CNY 31.6B
Long-term liabilities	CNY 6.4B
Net cash (debt)	CNY -8.9B
Net cash / market cap	-58.2%
Net debt / EBITDA	7.49
Net debt / equity	0.44
Piotroski F-Score	3
Property, plant and equipment	CNY 6B
Shareholders' equity	CNY 20B
Tangible book value	CNY 15.1B
Tangible book value per share	CNY 10.26
Total assets	CNY 38.7B
Total cash	CNY 2.2B
Total debt	CNY 11.1B
Total liabilities	CNY 18.7B
WACC	5.39%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.13
Current assets	CNY 7.1B
Current liabilities	CNY 12.3B
Current ratio	0.58
Inventory turnover	26.33
Net working capital	CNY -2.2B
Quick ratio	0.56
Working capital	CNY -5.2B
Working capital turnover	-1.19

Dividends and buybacks

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

Metric	Value
Buyback yield / dilution	-0.18%
Dividend growth	-10.88%
Dividend growth (10Y)	2.53%
Dividend growth (3Y)	20.51%
Dividend growth (5Y)	6.58%
Dividend growth years	1
Dividend payment date	2026-07-15
Dividend payment years	16
Dividend payout frequency	Annual
Dividend per share	CNY 0.39
Dividend yield	3.71%
Ex-dividend date	2026-07-15
Last dividend	CNY 0.39
Payout ratio	15.56%
Shareholder yield	3.53%

Performance and technicals

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

Metric	Value
10Y price change	-6.49%
10Y return CAGR	2.44%
10Y total return	27.3%
150-day SMA	CNY 11.12
15Y price change	45.18%
15Y return CAGR	5.16%
15Y total return	112.71%
1D price change	0%
1M price change	-3.98%
1M total return	-3.98%
1W price change	0.58%
1W total return	0.58%
1Y price change	-18.65%
1Y return CAGR	-15.76%
1Y total return	-15.75%
20-day SMA	CNY 10.53
200-day SMA	CNY 11.35
3M price change	-5.12%
3M total return	-5.12%
3Y price change	41.22%
3Y return CAGR	16.47%
3Y total return	58%
50-day SMA	CNY 10.91
50-day SMA vs 200-day SMA	50under200
52-week high	CNY 13.74
52-week high date	2025-12-15
52-week low	CNY 10.00
52-week low date	2026-10-23
5Y price change	20.7%
5Y return CAGR	7.64%
5Y total return	44.48%
6M price change	-9.03%
6M total return	-5.78%
All-time high	CNY 22.77
All-time high date	2015-06-15
All-time low	CNY 3.55
All-time low date	2008-11-04
Average true range (ATR)	CNY 0.21
Average volume	8.8M
Beta (1Y)	0.43
Beta (2Y)	0.36
Beta (5Y)	0.58
Change from 52-week high	-24.53%
Change from 52-week low	3.7%
Change from all-time high	-54.41%
Change from all-time low	192.64%
Change from open	2.17%
Day's gap	-2.12%
Dollar volume	CNY 75.8M
High price	CNY 10.48
Low price	CNY 10.15
Monthly RSI	50.16
Open price	CNY 10.15
Position in 52-week range	66.67%
Previous close	CNY 10.37
Price vs 150-day SMA	-6.67%
Price vs 20-day SMA	-1.44%
Price vs 200-day SMA	-8.51%
Price vs 50-day SMA	-4.88%
Relative volume	0.83
RSI	40.31
Sharpe ratio	-0.66
Sharpe ratio (3Y)	0.52
Sharpe ratio (5Y)	0.31
Sortino ratio	-0.8
Sortino ratio (3Y)	1.04
Sortino ratio (5Y)	0.71
Volume	7.3M
Weekly RSI	41.3
YTD price change	-10.9%
YTD total return	-7.72%

Ownership and float

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

Metric	Value
Float	809.9M
Shares change (QoQ)	1.29%
Shares change (YoY)	0.18%
Shares held by insiders	0%
Shares held by institutions	20.51%
Shares outstanding	1.5B

Deeper analysis on SHE/000685

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 SHE/000685 report

Is a complete SHE/000685 research report available?

No complete published report is available for she/000685 (SHE/000685) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

SHE/000685 (SHE/000685)

Price

Financial snapshot

Fair-value bridge

Latest news · SHE/000685

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All SHE/000685 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 SHE/000685

Frequently asked questions