SHA/600309 (SHA/600309)

Shanghai Stock Exchange: SHA/600309 · CNY

CN¥70.5

+0.13 (+0.2%)· Recorded snapshot

Market cap	220.6B
Revenue (ttm)	244.9B
Net income (ttm)	19B
EPS (ttm)	CN¥6.07
Shares out	3.1B
P/E (trailing)	11.6x
P/E (forward)	10.4x
Dividend	CN¥1.25 (1.77%)
Volume	22,269,957
Beta	0.53

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 244.9B
Net income (ttm): 19B
EPS (ttm): CN¥6.07
P/E (trailing): 11.6x
P/E (forward): 10.4x
Market cap: 220.6B

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/E10.4

P25 n/aP50 n/aP75 n/a

Trailing P/E11.6

P25 n/aP50 n/aP75 n/a

ROE17.6

P25 n/aP50 n/aP75 n/a

ROIC10.2

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All SHA/600309 indicators

Market & fundamental data

Available fields

260

Groups with data

Currency

CNY

Showing 260 of 260 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	2026-10-27
Employees	30,772
Employees change	-2,531
Employees growth	-7.6%
Enterprise value	CNY 323.4B
Exchange	Shanghai Stock Exchange
Financial currency	CNY
Financial report date	2026-09-30
First seen	2026-05-10
Fiscal year end	December
Founded	1978
Industry	Specialty Chemicals
Is primary listing	Yes
ISIN number	CNE0000016J9
Last earnings date	2026-10-27
Last refreshed	2026-10-28
Last stock split date	2017-05-18
Last stock split type	Forward
Market cap	CNY 220.6B
Price	CNY 70.46
Price currency	CNY
Sector	Materials
SIC code	2860
Stock price date	2026-10-28
Symbol	sha/600309
Website	https://www.whchem.com

Valuation

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

Metric	Value
Average P/E ratio (10Y)	15.19x
Average P/E ratio (3Y)	16.3x
Average P/E ratio (5Y)	16.21x
Earnings yield	8.61%
EV/Earnings	17x
EV/EBIT	11.96x
EV/EBITDA	7x
EV/FCF	19.98x
EV/Sales	1.32x
FCF / EV yield	5.01%
FCF yield	7.34%
Forward P/E	10.44x
Graham number	71.21551
Graham upside	1.07%
Industry forward P/E	13.8x
Industry P/E	29.94x
Lynch fair value	CNY 30.33
Lynch upside	-56.95%
P/B ratio	1.7x
P/E ratio	11.61x
P/FCF ratio	13.63x
P/OCF ratio	5.96x
P/S ratio	0.9x
PEG ratio	0.67x
Price / tangible book value	2.17x
Price/EBITDA ratio	4.93x
Sector forward P/E	10.92x
Sector P/E	21.08x

Profitability

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

Metric	Value
EBIT margin	11.04%
EBITDA margin	18.29%
Effective tax rate	17.37%
FCF margin	6.61%
Gross margin	15.73%
Operating margin	11.04%
Pretax margin	10.71%
Profit margin	7.77%
Profit per employee	CNY 618,351
Profitable quarters	101
Profitable years	29
Revenue per employee	CNY 8M
ROA	4.95%
ROA (5Y)	6.4%
ROCE	13.73%
ROE	17.62%
ROE (5Y)	22.24%
ROIC	10.18%
ROIC (5Y)	13.48%
Tax / revenue	1.86%

Growth

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

Metric	Value
EPS growth	71.43%
EPS growth (Q)	84.58%
EPS growth (QoQ)	-11.24%
EPS growth 10Y	19.45%
EPS growth 3Y	7.46%
EPS growth 5Y	-4.73%
EPS growth quarters	5
EPS growth years	0
FCF growth 5Y	59.39%
Gross profit growth	49.4%
Gross profit growth (Q)	50.14%
Gross profit growth 3Y	11.5%
Gross profit growth 5Y	1.52%
Net income growth	71.47%
Net income growth (Q)	84.38%
Net income growth (QoQ)	-11.82%
Net income growth 3Y	7.47%
Net income growth 5Y	-4.72%
Net income growth quarters	5
Net income growth years	0
OCF growth	33.25%
OCF growth (Q)	40.69%
OCF growth (QoQ)	85.41%
OCF growth 10Y	18.9%
OCF growth 3Y	3.34%
OCF growth 5Y	7.02%
Operating income growth	61.64%
Operating income growth (Q)	66.37%
Operating income growth 3Y	11.67%
Operating income growth 5Y	-2.11%
Revenue growth	37.04%
Revenue growth (Q)	24.8%
Revenue growth (QoQ)	1.97%
Revenue growth 10Y	25.32%
Revenue growth 3Y	13.45%
Revenue growth 5Y	13.24%
Revenue growth quarters	5
Revenue growth years	6

Financial statements

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

Metric	Value
Capital expenditures	CNY -20.8B
Depreciation and amortization	CNY 17.7B
EBIT	CNY 27B
EBITDA	CNY 44.8B
EPS	CNY 6.07
FCF per share	CNY 5.17
Financing cash flow	CNY -5.5B
Free cash flow	CNY 16.2B
Gross profit	CNY 38.5B
Income taxes	CNY 4.6B
Investing cash flow	CNY -21.3B
Net borrowing	CNY 5B
Net cash flow	CNY 11B
Net income	CNY 19B
Operating income	CNY 27B
Revenue	CNY 244.9B

Financial strength

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

Metric	Value
Altman Z-Score	1.86
Book value per share	CNY 37.15
Debt / EBITDA	2.94
Debt / equity	1.05
Debt / FCF	8.4
Goodwill	CNY 2.2B
Interest coverage	9.53
Long-term assets	CNY 240.7B
Long-term liabilities	CNY 67.3B
Net cash (debt)	CNY -89.5B
Net cash / market cap	-40.58%
Net debt / EBITDA	2
Net debt / equity	0.69
Net debt / FCF	5.53
Piotroski F-Score	8
Property, plant and equipment	CNY 202.1B
Shareholders' equity	CNY 129.6B
Tangible book value	CNY 101.5B
Tangible book value per share	CNY 32.43
Total assets	CNY 354B
Total cash	CNY 46.4B
Total debt	CNY 135.9B
Total liabilities	CNY 224.3B
WACC	5.1%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.72
Current assets	CNY 113.3B
Current liabilities	CNY 157B
Current ratio	0.72
Inventory turnover	7.05
Net working capital	CNY -17.6B
Quick ratio	0.45
Working capital	CNY -43.8B
Working capital turnover	-5.48

Dividends and buybacks

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

Metric	Value
Buyback yield / dilution	-0.02%
Dividend growth	0%
Dividend growth (10Y)	28.59%
Dividend growth (3Y)	8.79%
Dividend growth (5Y)	9.64%
Dividend growth years	0
Dividend payment date	2026-09-11
Dividend payment years	26
Dividend payout frequency	Annual
Dividend per share	CNY 1.25
Dividend yield	1.77%
Ex-dividend date	2026-09-11
FCF payout ratio	64.88%
Last dividend	CNY 0.81
Payout ratio	47.71%
Shareholder yield	1.75%

Performance and technicals

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

Metric	Value
10Y price change	295.67%
10Y return CAGR	17.85%
10Y total return	416.42%
150-day SMA	CNY 75.63
15Y price change	483.52%
15Y return CAGR	15.61%
15Y total return	781.26%
1D price change	0.18%
1M price change	1.45%
1M total return	1.45%
1W price change	5.99%
1W total return	5.99%
1Y price change	12.75%
1Y return CAGR	15.83%
1Y total return	15.82%
20-day SMA	CNY 68.11
200-day SMA	CNY 77.84
20Y price change	907.72%
20Y return CAGR	15.01%
20Y total return	1,540.42%
3M price change	-4.98%
3M total return	-3.97%
3Y price change	-19.8%
3Y return CAGR	-5.01%
3Y total return	-14.29%
50-day SMA	CNY 71.92
50-day SMA vs 200-day SMA	50under200
52-week high	CNY 97.00
52-week high date	2026-03-09
52-week low	CNY 60.69
52-week low date	2025-11-05
5Y price change	-33.47%
5Y return CAGR	-5.65%
5Y total return	-25.23%
6M price change	-20.8%
6M total return	-18.65%
All-time high	CNY 150.18
All-time high date	2021-02-18
All-time low	CNY 1.24
All-time low date	2002-11-27
Average true range (ATR)	CNY 1.89
Average volume	23.6M
Beta (1Y)	0.14
Beta (2Y)	0.3
Beta (5Y)	0.53
Change from 52-week high	-27.36%
Change from 52-week low	16.1%
Change from all-time high	-53.08%
Change from all-time low	5,568.54%
Change from open	-0.89%
Day's gap	1.08%
Dollar volume	CNY 1.6B
High price	CNY 71.10
Low price	CNY 69.77
Monthly RSI	47.5
Open price	CNY 71.09
Position in 52-week range	51.88%
Previous close	CNY 70.33
Price vs 150-day SMA	-6.83%
Price vs 20-day SMA	3.45%
Price vs 200-day SMA	-9.48%
Price vs 50-day SMA	-2.03%
Relative volume	0.95
RSI	54.38
Sharpe ratio	0.38
Sharpe ratio (3Y)	-0.23
Sharpe ratio (5Y)	-0.21
Sortino ratio	0.73
Sortino ratio (3Y)	-0.15
Sortino ratio (5Y)	-0.12
Volume	22.3M
Weekly RSI	45.03
YTD price change	-8.11%
YTD total return	-5.62%

Ownership and float

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

Metric	Value
Float	1.7B
Shares change (QoQ)	-0.66%
Shares change (YoY)	0.02%
Shares held by insiders	0%
Shares held by institutions	16.04%
Shares outstanding	3.1B

Deeper analysis on SHA/600309

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.

→

Frequently asked questions

About this SHA/600309 report

Is a complete SHA/600309 research report available?

No complete published report is available for sha/600309 (SHA/600309) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

SHA/600309 (SHA/600309)

Price

Financial snapshot

Fair-value bridge

Latest news · SHA/600309

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All SHA/600309 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/600309

Frequently asked questions