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No complete published report is available for sha/600438 (SHA/600438) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

sha/600438 stock profile: metrics, valuation and analysis

Market cap	48.6B
Revenue (ttm)	78B
Net income (ttm)	-9.7B
EPS (ttm)	-CN¥2.16
Shares out	4.4B
Volume	38,892,869
Beta	0.27

All SHA/600438 indicators

Market & fundamental data

Available fields

202

Groups with data

Currency

CNY

Showing 202 of 202 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Country	China
Country code	CN
Employees	44,798
Employees Change	-10,926%
Employees Change Percent	-19.61
Enterprise value	CNY 128.7B
Exchange	Shanghai Stock Exchange
Financial currency	CNY
First seen	2026-05-10
Industry	Solar
Isin	CNE000001GS3
Last refreshed	2026-09-12
Market cap	CNY 48.6B
Price	CNY 11.05
Price currency	CNY
Rev Per Employee	1,740,623.01x
Sector	Technology
Sector PE	78.97
Sector PE Fwd	25.98
Sic	3674
Symbol	sha/600438
Website	https://www.tongwei.com.cn

Valuation

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

Metric	Value
Earnings Yield	-19.98%
EV/EBITDA	28.9x
EV/Sales	1.65x
FCF yield	-15.84%
P/B ratio	1.09x
P/S ratio	0.62x
PE Ratio10 Y	20.29x

Profitability

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

Metric	Value
EBIT Margin	-10.47%
EBITDA Margin	4.74%
Gross margin	-1.8%
Gross Profit	CNY -1.4B
Net Income	CNY -9.7B
Net Income Growth Years	0%
Pretax Margin	-16.03%
Profit Margin	-12.46%
Profit Per Employee	CNY -216,915
ROA	-2.67
Roa5y	7.64
ROCE	-6.85
ROE	-22.84
Roe5y	14.55
ROIC	-7.04
Roic5y	19.48

Growth

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

Metric	Value
Cagr10y	8.25%
Cagr15y	9.58%
Cagr1y	-50.38%
Cagr20y	10.53%
Cagr3y	-28.13%
Cagr5y	-26.3%
Div CAGR10	19.69%
Div CAGR3	55.43%
Div CAGR5	41.42%
EPS Growth Years	0
OCF Growth10 Y	1.92%
OCF Growth3 Y	-59.44%
OCF Growth5 Y	-7.54%
Revenue Growth	-12.1x
Revenue Growth Q	-9.54x
Revenue Growth Qo Q	83.35x
Revenue Growth Years	0x
Revenue Growth3 Y	-20.66x
Revenue Growth5 Y	8.43x

Financial strength

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

Metric	Value
Asset Turnover	CNY 0.41
Assets	CNY 179.7B
Cash	CNY 26.4B
Current Assets	CNY 62.2B
Current Liabilities	CNY 60.5B
Debt	CNY 95.7B
Debt EBITDA	CNY 21.5
Debt Equity	CNY 2.15
Debt FCF	CNY -12.42
Equity	CNY 44.5B
Interest Coverage	-3.18
Liabilities	CNY 135.2B
Long Term Assets	CNY 117.4B
Long Term Liabilities	CNY 74.7B
Net Cash	CNY -69.3B
Net Cash By Market Cap	CNY -142
Net Debt EBITDA	CNY 18.73
Net Debt Equity	CNY 1.56
Tangible Book Value	CNY 28.5B
Tangible Book Value Per Share	CNY 6.48
WACC	3.33

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Current ratio	1.03
Inventory Turnover	5.7
Net Working Capital	CNY 2.6B
Quick ratio	0.69
Working Capital	CNY 1.8B
Working Capital Turnover	CNY 10.64

Dividends and buybacks

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

Metric	Value
Buyback Yield	-0.99%
Dividend per share	CNY 0
Last Dividend	CNY 0.91

Performance and technicals

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

Metric	Value
10Y total return	120.95%
1Y total return	-50.36%
200-day SMA	16.85
3Y total return	-62.88%
50-day SMA	11.78
50-day SMA vs 200-day SMA	50under200
5Y total return	-78.26%
All Time High	67.86
All Time High Change	-83.72%
All Time High Date	2022-07-05
All Time Low	0.86
All Time Low Change	1,190.59%
All Time Low Date	2005-01-31
ATR	0.41
Beta	0.27
Beta1y	0.27
Beta2y	0.42
Ch YTD	-46.15
High	11.45
High52	27.75
High52 Date	2025-11-11
High52ch	-60.18%
Low	10.98
Low52	10.32
Low52 Date	2026-07-20
Low52ch	7.07%
Ma50ch	-6.2%
Price vs 200-day SMA	-34.41%
RSI	36.91
RSI Monthly	32.57
RSI Weekly	32.79
Sharpe ratio	-1.14x
Sharpe Ratio3y	-0.74x
Sharpe Ratio5y	-0.36x
Sortino ratio	-1.52
Sortino Ratio3y	-0.95
Sortino Ratio5y	-0.41
Total Return	-0.99%
Tr YTD	-46.15
Tr15y	294.67%
Tr1m	-13.06%
Tr1w	-2.99%
Tr3m	-20.9%

Ownership and float

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

Metric	Value
Float	2,185,283,895%
Net Borrowing	976,207,372
Shares Insiders	0.06%
Shares Institutions	12.58%
Shares Out	4,400,302,128
Shares Qo Q	0.02%
Shares Yo Y	0.99%

Other indicators

Additional ticker metrics that do not fit the primary research groupings yet.

Metric	Value
Average Volume	37,902,805.35x
Bv Per Share	7.67
CAPEX	CNY -11.1B
Ch10y	80.56
Ch15y	198.6
Ch1m	-13.06
Ch1w	-2.99
Ch1y	-50.36
Ch20y	453.3
Ch3m	-20.9
Ch3y	-64.44
Ch5y	-81.16
Ch6m	-39.15
Change	-3.91%
Change From Open	-3.32
Close	11.5
Days Gap	-0.61
Depreciation Amortization	11,864,729,701
Dollar Volume	429,766,202.5
Earnings Date	2026-08-27
EBIT	CNY -8.2B
EBITDA	CNY 3.7B
EPS	CNY -2.16
F Score	4
FCF	CNY -7.7B
FCF EV Yield	-5.99x
FCF Per Share	CNY -1.75
Financing CF	-1,691,360,036
Fiscal Year End	December
Founded	1,995
Goodwill	243,865,719
Income Tax	CNY -941.2M
Investing CF	-2,839,754,020
Is Primary Listing	1
Last Earnings Date	2026-08-27
Last Report Date	2026-06-30
Last Split Date	2016-05-19
Last Split Type	Forward
Ma150	14.94
Ma150ch	-26.04%
Ma20	11.9
Ma20ch	-7.14%
Net CF	-1,111,935,352
Next Earnings Date	2026-10-23
Open	11.43
P OCF Ratio	14.14
Position In Range	14.89
Ppne	101,932,601,528
Price Date	2026-09-11
Price EBITDA	CNY 13.14
Ptbv Ratio	1.71
Relative Volume	1x
Revenue	77,976,429,622x
Tax By Revenue	-1.21x
Tr20y	640.44%
Tr6m	-39.15%
Volume	38,892,869
Z Score	0.78

SHA/600438 (SHA/600438)

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Profile and market data

Valuation

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Performance and technicals

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