SHE/002911 (SHE/002911)

Shenzhen Stock Exchange: SHE/002911 · CNY

CN¥11.1

+0.02 (+0.2%)· Recorded snapshot

Market cap	14.4B
Revenue (ttm)	29.6B
Net income (ttm)	1.1B
EPS (ttm)	CN¥0.75
Shares out	1.3B
P/E (trailing)	14.9x
P/E (forward)	12.5x
Dividend	CN¥0.54 (4.87%)
Volume	3,135,905
Beta	0.41

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 29.6B
Net income (ttm): 1.1B
EPS (ttm): CN¥0.75
P/E (trailing): 14.9x
P/E (forward): 12.5x
Market cap: 14.4B

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/E12.5

P25 n/aP50 n/aP75 n/a

Trailing P/E14.9

P25 n/aP50 n/aP75 n/a

ROE12.9

P25 n/aP50 n/aP75 n/a

ROIC11.6

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All SHE/002911 indicators

Market & fundamental data

Available fields

248

Groups with data

Currency

CNY

Showing 248 of 248 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	2026-10-20
Employees	2,366
Employees change	-127
Employees growth	-5.09%
Enterprise value	CNY 15.3B
Exchange	Shenzhen Stock Exchange
Financial currency	CNY
Financial report date	2026-09-30
First seen	2026-05-10
Fiscal year end	December
Founded	1992
Industry	Utilities - Regulated Gas
Is primary listing	Yes
ISIN number	CNE100003332
Last earnings date	2026-10-20
Last refreshed	2026-10-28
Last stock split date	2024-04-26
Last stock split type	Forward
Market cap	CNY 14.4B
Next earnings date	2027-03-25
Price	CNY 11.09
Price currency	CNY
Sector	Utilities
SIC code	4923
Stock price date	2026-10-28
Symbol	she/002911
Website	https://www.fsgas.com

Valuation

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

Metric	Value
Average P/E ratio (10Y)	20.53x
Average P/E ratio (3Y)	15.84x
Average P/E ratio (5Y)	16.36x
Earnings yield	6.72%
EV/Earnings	14.37x
EV/EBIT	12.09x
EV/EBITDA	8.74x
EV/FCF	7.1x
EV/Sales	0.52x
FCF / EV yield	14.08%
FCF yield	14.99%
Forward P/E	12.53x
Graham number	7.26772
Graham upside	-34.47%
Industry P/E	18.28x
Lynch fair value	CNY 13.32
Lynch upside	20.15%
P/B ratio	1.61x
P/E ratio	14.87x
P/FCF ratio	6.67x
P/OCF ratio	5.26x
P/S ratio	0.49x
Price / tangible book value	2.46x
Price/EBITDA ratio	8.27x
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	4.28%
EBITDA margin	5.87%
Effective tax rate	17.6%
FCF margin	7.28%
Gross margin	7.21%
Operating margin	4.28%
Pretax margin	4.92%
Profit margin	3.6%
Profit per employee	CNY 450,778
Profitable quarters	40
Profitable years	16
Revenue per employee	CNY 12.5M
ROA	3.86%
ROA (5Y)	4.3%
ROCE	10.43%
ROE	12.94%
ROE (5Y)	12.21%
ROIC	11.63%
ROIC (5Y)	9.3%
Tax / revenue	0.87%

Growth

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

Metric	Value
EPS growth	33.73%
EPS growth (Q)	19.09%
EPS growth (QoQ)	2.3%
EPS growth 10Y	12.44%
EPS growth 3Y	14.87%
EPS growth 5Y	14.18%
EPS growth quarters	1
EPS growth years	1
FCF growth	333.27%
FCF growth 3Y	65.71%
Gross profit growth	8.5%
Gross profit growth (Q)	-3.72%
Gross profit growth 3Y	7.06%
Gross profit growth 5Y	7.23%
Net income growth	21.04%
Net income growth (Q)	8.83%
Net income growth (QoQ)	-20.53%
Net income growth 3Y	15.75%
Net income growth 5Y	17.87%
Net income growth quarters	7
Net income growth years	9
OCF growth	163.67%
OCF growth (QoQ)	-98.96%
OCF growth 10Y	28.37%
OCF growth 3Y	25.21%
OCF growth 5Y	104.02%
Operating income growth	15.12%
Operating income growth (Q)	-2.05%
Operating income growth 3Y	5.9%
Operating income growth 5Y	8.23%
Revenue growth	-9.61%
Revenue growth (Q)	-20.69%
Revenue growth (QoQ)	-11.51%
Revenue growth 10Y	31.53%
Revenue growth 3Y	8.66%
Revenue growth 5Y	19.47%
Revenue growth years	9

Financial statements

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

Metric	Value
Capital expenditures	CNY -580.8M
Depreciation and amortization	CNY 471.9M
EBIT	CNY 1.3B
EBITDA	CNY 1.7B
EPS	CNY 0.75
FCF per share	CNY 1.66
Financing cash flow	CNY -1.6B
Free cash flow	CNY 2.2B
Gross profit	CNY 2.1B
Income taxes	CNY 256.4M
Investing cash flow	CNY -1.6B
Net borrowing	CNY -3.2B
Net cash flow	CNY -507.3M
Net income	CNY 1.1B
Operating income	CNY 1.3B
Revenue	CNY 29.6B

Financial strength

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

Metric	Value
Altman Z-Score	2.69
Book value per share	CNY 3.15
Debt / EBITDA	1.72
Debt / equity	0.34
Debt / FCF	1.4
Goodwill	CNY 56.3M
Interest coverage	15.69
Long-term assets	CNY 13.2B
Long-term liabilities	CNY 3.2B
Net cash (debt)	CNY 140.1M
Net cash / market cap	0.97%
Net debt / EBITDA	-0.08
Net debt / equity	-0.02
Net debt / FCF	-0.06
Piotroski F-Score	6
Property, plant and equipment	CNY 7.9B
Shareholders' equity	CNY 9B
Tangible book value	CNY 5.8B
Tangible book value per share	CNY 1.57
Total assets	CNY 20B
Total cash	CNY 3.2B
Total debt	CNY 3B
Total liabilities	CNY 11.1B
WACC	5.77%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	1.44
Current assets	CNY 6.8B
Current liabilities	CNY 7.9B
Current ratio	0.87
Inventory turnover	25.22
Net working capital	CNY -3.5B
Quick ratio	0.61
Working capital	CNY -1.1B
Working capital turnover	-77.52

Dividends and buybacks

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

Metric	Value
Buyback yield / dilution	9.49%
Dividend growth	8.33%
Dividend growth (3Y)	14.53%
Dividend growth (5Y)	2.41%
Dividend growth years	0
Dividend payment date	2026-04-24
Dividend payment years	9
Dividend payout frequency	Semi-Annual
Dividend per share	CNY 0.54
Dividend yield	4.87%
Ex-dividend date	2026-04-24
FCF payout ratio	31.27%
Last dividend	CNY 0.27
Payout ratio	76.08%
Shareholder yield	14.36%

Performance and technicals

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

Metric	Value
150-day SMA	CNY 11.66
1D price change	0.18%
1M price change	-0.72%
1M total return	-0.72%
1W price change	-2.12%
1W total return	-2.12%
1Y price change	-9.76%
1Y return CAGR	-6.1%
1Y total return	-6.1%
20-day SMA	CNY 11.34
200-day SMA	CNY 12.26
3M price change	-3.31%
3M total return	-3.31%
3Y price change	20.64%
3Y return CAGR	10.98%
3Y total return	36.69%
50-day SMA	CNY 11.26
50-day SMA vs 200-day SMA	50under200
52-week high	CNY 17.80
52-week high date	2026-03-04
52-week low	CNY 9.33
52-week low date	2026-06-29
5Y price change	43.58%
5Y return CAGR	12.1%
5Y total return	77.01%
6M price change	-9.47%
6M total return	-9.47%
All-time high	CNY 17.80
All-time high date	2026-03-04
All-time low	CNY 5.73
All-time low date	2020-02-04
Average true range (ATR)	CNY 0.28
Average volume	6M
Beta (1Y)	0.17
Beta (2Y)	0.33
Beta (5Y)	0.41
Change from 52-week high	-37.7%
Change from 52-week low	18.86%
Change from all-time high	-37.7%
Change from all-time low	93.44%
Change from open	2.02%
Day's gap	-1.81%
Dollar volume	CNY 34.8M
High price	CNY 11.16
Low price	CNY 10.87
Monthly RSI	48.34
Open price	CNY 10.87
Position in 52-week range	75.86%
Previous close	CNY 11.07
Price vs 150-day SMA	-4.88%
Price vs 20-day SMA	-2.17%
Price vs 200-day SMA	-9.51%
Price vs 50-day SMA	-1.47%
Relative volume	0.52
RSI	44.8
Sharpe ratio	-0.56
Sharpe ratio (3Y)	0.33
Sharpe ratio (5Y)	0.39
Sortino ratio	-0.6
Sortino ratio (3Y)	0.69
Sortino ratio (5Y)	0.75
Volume	3.1M
Weekly RSI	45.59
YTD price change	-8.5%
YTD total return	-4.78%

Ownership and float

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

Metric	Value
Float	207.8M
Shares change (QoQ)	-22.32%
Shares change (YoY)	-9.49%
Shares held by insiders	1.08%
Shares held by institutions	4.31%
Shares outstanding	1.3B

Deeper analysis on SHE/002911

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 SHE/002911 report

Is a complete SHE/002911 research report available?

No complete published report is available for she/002911 (SHE/002911) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

SHE/002911 (SHE/002911)

Price

Financial snapshot

Fair-value bridge

Latest news · SHE/002911

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All SHE/002911 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/002911

Frequently asked questions