SHE/002039 (SHE/002039)

Shenzhen Stock Exchange: SHE/002039 · CNY

CN¥18.4

+0.51 (+2.9%)· Recorded snapshot

Market cap	7.9B
Revenue (ttm)	3B
Net income (ttm)	515.5M
EPS (ttm)	CN¥1.21
Shares out	427.6M
P/E (trailing)	15.3x
P/E (forward)	16.5x
Dividend	CN¥0.49 (2.66%)
Volume	10,018,978
Beta	0.33

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 3B
Net income (ttm): 515.5M
EPS (ttm): CN¥1.21
P/E (trailing): 15.3x
P/E (forward): 16.5x
Market cap: 7.9B

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/E16.5

P25 n/aP50 n/aP75 n/a

Trailing P/E15.3

P25 n/aP50 n/aP75 n/a

ROE12.3

P25 n/aP50 n/aP75 n/a

ROIC6

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All SHE/002039 indicators

Market & fundamental data

Available fields

246

Groups with data

Currency

CNY

Showing 246 of 246 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	2026-10-23
Employees	828
Employees change	20
Employees growth	2.48%
Enterprise value	CNY 16.8B
Exchange	Shenzhen Stock Exchange
Financial currency	CNY
Financial report date	2026-09-30
First seen	2026-05-10
Fiscal year end	December
Founded	1993
Industry	Utilities - Regulated Electric
Is primary listing	Yes
ISIN number	CNE000001LK0
Last earnings date	2026-10-23
Last refreshed	2026-10-28
Last stock split date	2022-06-16
Last stock split type	Forward
Market cap	CNY 7.9B
Next earnings date	2026-10-28
Price	CNY 18.42
Price currency	CNY
Sector	Utilities
SIC code	4911
Stock price date	2026-10-28
Symbol	she/002039
Website	https://www.gzqydl.cn

Valuation

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

Metric	Value
Average P/E ratio (10Y)	21.13x
Average P/E ratio (3Y)	21.01x
Average P/E ratio (5Y)	22.35x
Earnings yield	6.54%
EV/Earnings	32.18x
EV/EBIT	12.16x
EV/EBITDA	6.89x
EV/FCF	8.83x
EV/Sales	5.57x
FCF / EV yield	11.32%
FCF yield	24.52%
Forward P/E	16.47x
Graham number	17.18218
Graham upside	-6.21%
Industry forward P/E	15.21x
Industry P/E	22.66x
Lynch fair value	CNY 11.89
Lynch upside	-35.08%
P/B ratio	0.93x
P/E ratio	15.28x
P/FCF ratio	4.08x
P/OCF ratio	3.38x
P/S ratio	2.57x
Price / tangible book value	1.67x
Price/EBITDA ratio	3.19x
Sector forward P/E	17.28x
Sector P/E	21.68x

Profitability

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

Metric	Value
EBIT margin	45.74%
EBITDA margin	80.49%
Effective tax rate	17.59%
FCF margin	63.01%
Gross margin	53.44%
Operating margin	45.74%
Pretax margin	39.46%
Profit margin	17.3%
Profitable quarters	7
Profitable years	12
ROA	5.62%
ROA (5Y)	4.32%
ROCE	11.45%
ROE	12.31%
ROE (5Y)	9.74%
ROIC	6.02%
Tax / revenue	6.94%

Growth

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

Metric	Value
EPS growth	15.63%
EPS growth (Q)	-52.08%
EPS growth (QoQ)	21.99%
EPS growth 10Y	5.88%
EPS growth 3Y	55.92%
EPS growth 5Y	9.87%
EPS growth years	1
FCF growth	39.08%
FCF growth (Q)	-31.39%
FCF growth (QoQ)	142.29%
FCF growth 3Y	20.31%
FCF growth 5Y	20.43%
Net income growth	15.65%
Net income growth (Q)	-52.06%
Net income growth (QoQ)	22.02%
Net income growth 3Y	55.92%
Net income growth 5Y	9.87%
Net income growth years	1
OCF growth	44.48%
OCF growth (Q)	-25.9%
OCF growth (QoQ)	128.54%
OCF growth 10Y	-0.6%
OCF growth 3Y	14.48%
OCF growth 5Y	2.68%
Revenue growth	13.05%
Revenue growth (Q)	-41.53%
Revenue growth (QoQ)	16.79%
Revenue growth 10Y	2.17%
Revenue growth 3Y	19.62%
Revenue growth 5Y	5.25%
Revenue growth years	1

Financial statements

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

Metric	Value
Capital expenditures	CNY -390.6M
EBIT	CNY 1.4B
EBITDA	CNY 2.4B
EPS	CNY 1.21
FCF per share	CNY 4.39
Financing cash flow	CNY -1.8B
Free cash flow	CNY 1.9B
Gross profit	CNY 1.6B
Income taxes	CNY 206.9M
Investing cash flow	CNY -384.2M
Net borrowing	CNY -1.3B
Net cash flow	CNY 42M
Net income	CNY 515.5M
Operating income	CNY 1.4B
Revenue	CNY 3B

Financial strength

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

Metric	Value
Book value per share	CNY 10.88
Debt / EBITDA	2.39
Debt / equity	0.7
Debt / FCF	3.06
Interest coverage	8.13
Long-term assets	CNY 14.1B
Long-term liabilities	CNY 3.7B
Net cash (debt)	CNY -5.4B
Net cash / market cap	-70.35%
Net debt / EBITDA	2.25
Net debt / equity	0.66
Net debt / FCF	2.87
Piotroski F-Score	5
Property, plant and equipment	CNY 14B
Shareholders' equity	CNY 8.2B
Tangible book value	CNY 4.6B
Tangible book value per share	CNY 10.76
Total assets	CNY 14.7B
Total cash	CNY 351.4M
Total debt	CNY 5.7B
Total liabilities	CNY 6.6B
WACC	4.51%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.2
Current assets	CNY 614.2M
Current liabilities	CNY 2.8B
Current ratio	0.22
Inventory turnover	380.54
Net working capital	CNY -523.6M
Quick ratio	0.21
Working capital	CNY -2.2B
Working capital turnover	-1.21

Dividends and buybacks

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

Metric	Value
Buyback yield / dilution	-0.01%
Dividend growth	206.25%
Dividend growth (10Y)	3.21%
Dividend growth (3Y)	17.77%
Dividend growth (5Y)	13.76%
Dividend growth years	0
Dividend payment date	2026-09-30
Dividend payment years	12
Dividend payout frequency	Semi-Annual
Dividend per share	CNY 0.49
Dividend yield	2.66%
Ex-dividend date	2026-09-30
FCF payout ratio	9.67%
Last dividend	CNY 0.10
Payout ratio	71.93%
Shareholder yield	2.66%

Performance and technicals

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

Metric	Value
10Y price change	49.01%
10Y return CAGR	6.08%
10Y total return	80.34%
150-day SMA	CNY 19.96
15Y price change	179.79%
15Y return CAGR	8.85%
15Y total return	257.01%
1D price change	2.85%
1M price change	-3.06%
1M total return	-2.55%
1W price change	-9.78%
1W total return	-9.78%
1Y price change	1.61%
1Y return CAGR	4.02%
1Y total return	4.02%
20-day SMA	CNY 19.65
200-day SMA	CNY 19.51
20Y price change	521.95%
20Y return CAGR	11.14%
20Y total return	727.11%
3M price change	-5.36%
3M total return	-4.86%
3Y price change	35.9%
3Y return CAGR	12.63%
3Y total return	42.88%
50-day SMA	CNY 19.47
50-day SMA vs 200-day SMA	50under200
52-week high	CNY 23.29
52-week high date	2026-05-29
52-week low	CNY 17.00
52-week low date	2026-02-13
5Y price change	22.64%
5Y return CAGR	5.88%
5Y total return	33.04%
6M price change	-10.31%
6M total return	-8.18%
All-time high	CNY 23.29
All-time high date	2026-05-29
All-time low	CNY 2.59
All-time low date	2005-12-09
Average true range (ATR)	CNY 0.59
Average volume	7.6M
Beta (1Y)	0.32
Beta (2Y)	0.31
Beta (5Y)	0.33
Change from 52-week high	-20.91%
Change from 52-week low	8.35%
Change from all-time high	-21.17%
Change from all-time low	609.98%
Change from open	-4.16%
Day's gap	7.31%
Dollar volume	CNY 184.5M
High price	CNY 19.22
Low price	CNY 18.21
Monthly RSI	52.36
Open price	CNY 19.22
Position in 52-week range	20.79%
Previous close	CNY 17.91
Price vs 150-day SMA	-8.03%
Price vs 20-day SMA	-6.58%
Price vs 200-day SMA	-5.89%
Price vs 50-day SMA	-5.68%
Relative volume	1.32
RSI	35.85
Sharpe ratio	0.19
Sharpe ratio (3Y)	0.42
Sharpe ratio (5Y)	0.47
Sortino ratio	0.46
Sortino ratio (3Y)	0.86
Sortino ratio (5Y)	0.89
Volume	10M
Weekly RSI	44.48
YTD price change	1.05%
YTD total return	3.45%

Ownership and float

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

Metric	Value
Float	224.6M
Shares change (QoQ)	0.03%
Shares change (YoY)	0.01%
Shares held by institutions	9.31%
Shares outstanding	427.6M

Deeper analysis on SHE/002039

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.

→

Frequently asked questions

About this SHE/002039 report

Is a complete SHE/002039 research report available?

No complete published report is available for she/002039 (SHE/002039) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

SHE/002039 (SHE/002039)

Price

Financial snapshot

Fair-value bridge

Latest news · SHE/002039

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All SHE/002039 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/002039

Frequently asked questions