SHA/600988 (SHA/600988)

Shanghai Stock Exchange: SHA/600988 · CNY

CN¥35.8

-0.19 (-0.5%)· Recorded snapshot

Market cap	65.2B
Revenue (ttm)	14.1B
Net income (ttm)	3.3B
EPS (ttm)	CN¥1.75
Shares out	1.9B
P/E (trailing)	20.4x
P/E (forward)	14.9x
Dividend	CN¥0.32 (0.89%)
Volume	36,451,179
Beta	0.11

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 14.1B
Net income (ttm): 3.3B
EPS (ttm): CN¥1.75
P/E (trailing): 20.4x
P/E (forward): 14.9x
Market cap: 65.2B

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/E14.9

P25 n/aP50 n/aP75 n/a

Trailing P/E20.4

P25 n/aP50 n/aP75 n/a

ROE23.3

P25 n/aP50 n/aP75 n/a

ROIC32.4

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All SHA/600988 indicators

Market & fundamental data

Available fields

257

Groups with data

Currency

CNY

Showing 257 of 257 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	6,899
Employees change	161
Employees growth	2.39%
Enterprise value	CNY 63.3B
Exchange	Shanghai Stock Exchange
Financial currency	CNY
Financial report date	2026-09-30
First seen	2026-05-10
Fiscal year end	December
Founded	1998
Industry	Gold
Is primary listing	Yes
ISIN number	CNE000001H94
Last earnings date	2026-10-23
Last refreshed	2026-10-28
Last stock split date	2017-10-25
Last stock split type	Forward
Market cap	CNY 65.2B
Next earnings date	2027-03-26
Price	CNY 35.81
Price currency	CNY
Sector	Materials
SIC code	1040
Stock price date	2026-10-28
Symbol	sha/600988
Website	https://www.cfgold.com

Valuation

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

Metric	Value
Average P/E ratio (10Y)	54.49x
Average P/E ratio (3Y)	21.41x
Average P/E ratio (5Y)	36.5x
Earnings yield	4.9%
EV/Earnings	19.13x
EV/EBIT	10.31x
EV/EBITDA	8.65x
EV/FCF	25.64x
EV/Sales	4.5x
FCF / EV yield	3.9%
FCF yield	3.79%
Forward P/E	14.94x
Graham number	17.59557
Graham upside	-50.86%
Industry P/E	11.99x
Lynch fair value	CNY 43.86
Lynch upside	22.48%
P/B ratio	3.55x
P/E ratio	20.41x
P/FCF ratio	26.39x
P/OCF ratio	11.56x
P/S ratio	4.63x
Price / tangible book value	7.49x
Price/EBITDA ratio	8.95x
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	43.59%
EBITDA margin	51.73%
Effective tax rate	33.11%
FCF margin	17.54%
Gross margin	55.2%
Operating margin	43.59%
Pretax margin	41.9%
Profit margin	23.51%
Profit per employee	CNY 491,221
Profitable quarters	16
Profitable years	7
Revenue per employee	CNY 2.1M
ROA	15.56%
ROA (5Y)	7.64%
ROCE	26.88%
ROE	23.3%
ROE (5Y)	15.56%
ROIC	32.35%
ROIC (5Y)	18.76%
Tax / revenue	13.87%

Growth

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

Metric	Value
EPS growth	14.01%
EPS growth (Q)	-41.88%
EPS growth (QoQ)	-26.95%
EPS growth 10Y	24.15%
EPS growth 3Y	71.38%
EPS growth 5Y	28.49%
EPS growth years	3
FCF growth	8.86%
FCF growth (Q)	-69.08%
FCF growth (QoQ)	-52.8%
FCF growth 3Y	181.79%
Gross profit growth	37.47%
Gross profit growth (Q)	-14.75%
Gross profit growth 3Y	61.2%
Gross profit growth 5Y	44.64%
Net income growth	21.81%
Net income growth (Q)	-41.84%
Net income growth (QoQ)	-25.65%
Net income growth 3Y	79.23%
Net income growth 5Y	31.92%
Net income growth years	3
OCF growth	31.05%
OCF growth (Q)	-13.13%
OCF growth (QoQ)	-10.66%
OCF growth 10Y	49.31%
OCF growth 3Y	45.92%
OCF growth 5Y	34.76%
Operating income growth	41.06%
Operating income growth (Q)	-18.68%
Operating income growth 3Y	84.29%
Operating income growth 5Y	50.29%
Revenue growth	23.01%
Revenue growth (Q)	-8.99%
Revenue growth (QoQ)	-11.39%
Revenue growth 10Y	21.67%
Revenue growth 3Y	27.13%
Revenue growth 5Y	30.36%
Revenue growth years	4

Financial statements

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

Metric	Value
Capital expenditures	CNY -3.2B
Depreciation and amortization	CNY 1.1B
EBIT	CNY 6.1B
EBITDA	CNY 7.3B
EPS	CNY 1.75
FCF per share	CNY 1.31
Financing cash flow	CNY -1.1B
Free cash flow	CNY 2.5B
Gross profit	CNY 7.8B
Income taxes	CNY 2B
Investing cash flow	CNY -4.3B
Net borrowing	CNY -1.1B
Net cash flow	CNY -56.8M
Net income	CNY 3.3B
Operating income	CNY 6.1B
Revenue	CNY 14.1B

Financial strength

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

Metric	Value
Altman Z-Score	7.61
Book value per share	CNY 7.84
Debt / EBITDA	0.1
Debt / equity	0.04
Debt / FCF	0.3
Goodwill	CNY 15.7M
Interest coverage	265.44
Long-term assets	CNY 15.9B
Long-term liabilities	CNY 4.5B
Net cash (debt)	CNY 5.4B
Net cash / market cap	8.32%
Net cash growth	36.42%
Net debt / EBITDA	-0.74
Net debt / equity	-0.3
Net debt / FCF	-2.2
Piotroski F-Score	7
Property, plant and equipment	CNY 9.4B
Shareholders' equity	CNY 18.4B
Tangible book value	CNY 8.7B
Tangible book value per share	CNY 4.61
Total assets	CNY 25.8B
Total cash	CNY 6.2B
Total debt	CNY 747.1M
Total liabilities	CNY 7.5B
WACC	4.81%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.57
Current assets	CNY 9.9B
Current liabilities	CNY 3B
Current ratio	3.3
Inventory turnover	2.19
Net working capital	CNY 1.4B
Quick ratio	2.24
Working capital	CNY 6.9B
Working capital turnover	2.19

Dividends and buybacks

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

Metric	Value
Buyback yield / dilution	-6.84%
Dividend growth	100%
Dividend growth years	1
Dividend payment date	2026-05-27
Dividend payment years	3
Dividend payout frequency	Annual
Dividend per share	CNY 0.32
Dividend yield	0.89%
Ex-dividend date	2026-05-27
FCF payout ratio	19.73%
Last dividend	CNY 0.32
Payout ratio	19.11%
Shareholder yield	-5.94%

Performance and technicals

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

Metric	Value
10Y price change	324.04%
10Y return CAGR	15.75%
10Y total return	331.58%
150-day SMA	CNY 38.71
15Y price change	1,401.47%
15Y return CAGR	19.93%
15Y total return	1,428.17%
1D price change	-0.53%
1M price change	-11.1%
1M total return	-11.1%
1W price change	-11.03%
1W total return	-11.03%
1Y price change	20.33%
1Y return CAGR	21.36%
1Y total return	21.35%
20-day SMA	CNY 39.29
200-day SMA	CNY 38.39
20Y price change	7,099.44%
20Y return CAGR	23.95%
20Y total return	7,227.6%
3M price change	-6.11%
3M total return	-6.11%
3Y price change	143.94%
3Y return CAGR	35.4%
3Y total return	148.28%
50-day SMA	CNY 42.51
50-day SMA vs 200-day SMA	50over200
52-week high	CNY 51.99
52-week high date	2026-08-24
52-week low	CNY 25.00
52-week low date	2026-06-26
5Y price change	115.85%
5Y return CAGR	17.05%
5Y total return	119.69%
6M price change	-8.13%
6M total return	-7.36%
All-time high	CNY 51.99
All-time high date	2026-08-24
All-time low	CNY 0.37
All-time low date	2005-07-18
Average true range (ATR)	CNY 2.26
Average volume	42.8M
Beta (1Y)	0.96
Beta (2Y)	0.69
Beta (5Y)	0.11
Change from 52-week high	-31.12%
Change from 52-week low	43.24%
Change from all-time high	-31.12%
Change from all-time low	9,567.93%
Change from open	-2.29%
Day's gap	1.81%
Dollar volume	CNY 1.3B
High price	CNY 37.18
Low price	CNY 35.43
Monthly RSI	54.42
Open price	CNY 36.65
Position in 52-week range	21.71%
Previous close	CNY 36.00
Price vs 150-day SMA	-7.49%
Price vs 20-day SMA	-8.85%
Price vs 200-day SMA	-6.73%
Price vs 50-day SMA	-15.77%
Relative volume	0.86
RSI	36.35
Sharpe ratio	0.43
Sharpe ratio (3Y)	0.77
Sharpe ratio (5Y)	0.53
Sortino ratio	0.76
Sortino ratio (3Y)	1.34
Sortino ratio (5Y)	0.96
Volume	36.5M
Weekly RSI	45.05
YTD price change	14.63%
YTD total return	15.6%

Ownership and float

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

Metric	Value
Float	1.5B
Shares change (QoQ)	1.39%
Shares change (YoY)	6.84%
Shares held by insiders	3.98%
Shares held by institutions	34.1%
Shares outstanding	1.9B

Deeper analysis on SHA/600988

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.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Frequently asked questions

About this SHA/600988 report

Is a complete SHA/600988 research report available?

No complete published report is available for sha/600988 (SHA/600988) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

SHA/600988 (SHA/600988)

Price

Financial snapshot

Fair-value bridge

Latest news · SHA/600988

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All SHA/600988 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/600988

Frequently asked questions