SHE/000860 (SHE/000860)

Shenzhen Stock Exchange: SHE/000860 · CNY

CN¥11.1

-0.12 (-1.1%)· Recorded snapshot

Market cap	8.2B
Revenue (ttm)	6.4B
Net income (ttm)	-284.9M
EPS (ttm)	-CN¥0.38
Shares out	741.8M
P/E (forward)	62.3x
Volume	11,303,690
Beta	0.66

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 6.4B
Net income (ttm): -284.9M
EPS (ttm): -CN¥0.38
P/E (forward): 62.3x
Market cap: 8.2B

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/E62.3

P25 n/aP50 n/aP75 n/a

Trailing P/En/a

P25 n/aP50 n/aP75 n/a

ROE-4

P25 n/aP50 n/aP75 n/a

ROIC-3.3

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

S&P 500+0.8%

Nasdaq Composite-1.0%

Dow Jones Industrial Average+1.9%

Russell 2000+0.3%

All SHE/000860 indicators

Market & fundamental data

Available fields

217

Groups with data

Currency

CNY

Showing 217 of 217 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	2026-11-02
Employees	3,580
Employees change	-159
Employees growth	-4.25%
Enterprise value	CNY 7.3B
Exchange	Shenzhen Stock Exchange
Financial currency	CNY
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Founded	1998
Industry	Beverages - Wineries & Distilleries
Is primary listing	Yes
ISIN number	CNE000000XH3
Last earnings date	2025-10-27
Last refreshed	2026-10-28
Last stock split date	2019-05-27
Last stock split type	Forward
Market cap	CNY 8.2B
Next earnings date	2026-11-02
Price	CNY 11.10
Price currency	CNY
Sector	Consumer Staples
SIC code	2000
Stock price date	2026-10-28
Symbol	she/000860
Website	https://www.000860.com

Valuation

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

Metric	Value
Average P/E ratio (10Y)	63.94x
Earnings yield	-3.46%
EV/EBITDA	62.57x
EV/Sales	1.14x
FCF / EV yield	-0.23%
FCF yield	-0.2%
Forward P/E	62.33x
Industry forward P/E	18.39x
Industry P/E	20.8x
P/B ratio	1.22x
P/OCF ratio	193.9x
P/S ratio	1.29x
Price / tangible book value	1.37x
Price/EBITDA ratio	84.4x
Sector forward P/E	19.11x
Sector P/E	30.51x

Profitability

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

Metric	Value
EBIT margin	-2.89%
EBITDA margin	1.53%
Gross margin	30.54%
Operating margin	-2.89%
Pretax margin	-3.16%
Profit margin	-4.43%
Profit per employee	CNY -79,580
Revenue per employee	CNY 1.8M
ROA	-0.91%
ROA (5Y)	0.78%
ROCE	-2.2%
ROE	-4.03%
ROE (5Y)	-2.13%
ROIC	-3.26%
ROIC (5Y)	0.44%
Tax / revenue	1.22%

Growth

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

Metric	Value
EPS growth quarters	1
EPS growth years	0
Gross profit growth	-28.54%
Gross profit growth (Q)	-7.5%
Gross profit growth 3Y	-13.03%
Gross profit growth 5Y	-13.71%
Net income growth quarters	1
Net income growth years	0
OCF growth	-75.97%
OCF growth 10Y	-22.34%
OCF growth 5Y	-44.37%
Revenue growth	-19.88%
Revenue growth (Q)	4.38%
Revenue growth (QoQ)	-42.23%
Revenue growth 10Y	-4.46%
Revenue growth 3Y	-17.28%
Revenue growth 5Y	-15.77%
Revenue growth quarters	1
Revenue growth years	0

Financial statements

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

Metric	Value
Capital expenditures	CNY -59.7M
Depreciation and amortization	CNY 284.8M
EBIT	CNY -186.2M
EBITDA	CNY 98.6M
EPS	CNY -0.38
FCF per share	CNY -0.02
Financing cash flow	CNY -53.9M
Free cash flow	CNY -16.8M
Gross profit	CNY 2B
Income taxes	CNY 78.3M
Investing cash flow	CNY -55.1M
Net borrowing	CNY 37.7M
Net cash flow	CNY -66.1M
Net income	CNY -284.9M
Operating income	CNY -186.2M
Revenue	CNY 6.4B

Financial strength

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

Metric	Value
Altman Z-Score	2.33
Book value per share	CNY 9.15
Debt / EBITDA	40.24
Debt / equity	0.69
Interest coverage	-1.84
Long-term assets	CNY 4.5B
Long-term liabilities	CNY 1.6B
Net cash (debt)	CNY 1B
Net cash / market cap	12.24%
Net cash growth	-11.99%
Net debt / EBITDA	-10.33
Net debt / equity	-0.15
Piotroski F-Score	3
Property, plant and equipment	CNY 2.8B
Shareholders' equity	CNY 6.8B
Tangible book value	CNY 6.1B
Tangible book value per share	CNY 8.17
Total assets	CNY 12.6B
Total cash	CNY 5.7B
Total debt	CNY 4.7B
Total liabilities	CNY 5.8B
WACC	5.62%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.5
Current assets	CNY 8.2B
Current liabilities	CNY 4.2B
Current ratio	1.97
Inventory turnover	2.94
Net working capital	CNY 1.4B
Quick ratio	1.56
Working capital	CNY 4B
Working capital turnover	1.81

Dividends and buybacks

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

Metric	Value
Buyback yield / dilution	0.01%
Dividend growth (10Y)	6.91%
Dividend growth (3Y)	81.71%
Dividend growth (5Y)	0%
Dividend growth years	1
Dividend payment date	2025-06-13
Dividend payment years	1
Dividend per share	CNY 0.00
Last dividend	CNY 0.15
Shareholder yield	0.01%

Performance and technicals

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

Metric	Value
10Y price change	-31.12%
10Y return CAGR	-3.39%
10Y total return	-29.14%
150-day SMA	CNY 11.22
15Y price change	3.07%
15Y return CAGR	0.59%
15Y total return	9.29%
1D price change	-1.07%
1M price change	10.01%
1M total return	10.01%
1W price change	-0.72%
1W total return	-0.72%
1Y price change	-29.21%
1Y return CAGR	-29.23%
1Y total return	-29.21%
20-day SMA	CNY 10.67
200-day SMA	CNY 12.06
20Y price change	149.66%
20Y return CAGR	5.21%
20Y total return	176.36%
3M price change	5.51%
3M total return	5.51%
3Y price change	-49.8%
3Y return CAGR	-20.26%
3Y total return	-49.31%
50-day SMA	CNY 10.63
50-day SMA vs 200-day SMA	50under200
52-week high	CNY 16.14
52-week high date	2025-11-12
52-week low	CNY 9.49
52-week low date	2026-06-29
5Y price change	-65.69%
5Y return CAGR	-19.09%
5Y total return	-65.32%
6M price change	-10.7%
6M total return	-10.7%
All-time high	CNY 79.00
All-time high date	2020-08-31
All-time low	CNY 2.27
All-time low date	2005-10-27
Average true range (ATR)	CNY 0.37
Average volume	15.5M
Beta (1Y)	0.08
Beta (2Y)	0.19
Beta (5Y)	0.66
Change from 52-week high	-31.23%
Change from 52-week low	16.97%
Change from all-time high	-85.95%
Change from all-time low	389.2%
Change from open	0.27%
Day's gap	-1.34%
Dollar volume	CNY 125.5M
High price	CNY 11.22
Low price	CNY 11.00
Monthly RSI	35.65
Open price	CNY 11.07
Position in 52-week range	45.45%
Previous close	CNY 11.22
Price vs 150-day SMA	-1.05%
Price vs 20-day SMA	4.03%
Price vs 200-day SMA	-7.99%
Price vs 50-day SMA	4.45%
Relative volume	0.73
RSI	56.27
Sharpe ratio	-1.22
Sharpe ratio (3Y)	-0.77
Sharpe ratio (5Y)	-0.45
Sortino ratio	-1.58
Sortino ratio (3Y)	-0.95
Sortino ratio (5Y)	-0.53
Volume	11.3M
Weekly RSI	47.49
YTD price change	-24.23%
YTD total return	-24.23%

Ownership and float

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

Metric	Value
Float	457.3M
Shares change (QoQ)	-0.02%
Shares change (YoY)	-0.01%
Shares held by institutions	15.4%
Shares outstanding	741.8M

Deeper analysis on SHE/000860

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.

→

Scorecard

Six-factor overlay and 9-category weighted scorecard.

→

Recommendation

Final action, action steps, opportunity, and biggest risk.

→

Perspectives

Growth, value, and income investor reads.

→

Frequently asked questions

About this SHE/000860 report

Is a complete SHE/000860 research report available?

No complete published report is available for she/000860 (SHE/000860) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

Market cap

8.2B

Revenue (ttm)

6.4B

Net income (ttm)

-284.9M

EPS (ttm)

-CN¥0.38

Shares out

741.8M

P/E (forward)

62.3x

Volume

11,303,690

Beta

0.66

Metric

Value

Amount currency

CNY

Country

China

Country code

Earnings date

2026-11-02

Employees

3,580

Employees change

-159

Employees growth

-4.25%

Enterprise value

CNY 7.3B

Exchange

Shenzhen Stock Exchange

Financial currency

CNY

Financial report date

2026-06-30

First seen

2026-05-10

Fiscal year end

December

Founded

1998

Industry

Beverages - Wineries & Distilleries

Is primary listing

Yes

ISIN number

CNE000000XH3

Last earnings date

2025-10-27

Last refreshed

2026-10-28

Last stock split date

2019-05-27

Last stock split type

Forward

Market cap

CNY 8.2B

Next earnings date

2026-11-02

Price

CNY 11.10

Price currency

CNY

Sector

Consumer Staples

SIC code

2000

Stock price date

2026-10-28

Symbol

she/000860

Website

https://www.000860.com

Metric

Value

Average P/E ratio (10Y)

63.94x

Earnings yield

-3.46%

EV/EBITDA

62.57x

EV/Sales

1.14x

FCF / EV yield

-0.23%

FCF yield

-0.2%

Forward P/E

62.33x

Industry forward P/E

18.39x

Industry P/E

20.8x

P/B ratio

1.22x

P/OCF ratio

193.9x

P/S ratio

1.29x

Price / tangible book value

1.37x

Price/EBITDA ratio

84.4x

Sector forward P/E

19.11x

Sector P/E

30.51x

Metric

Value

EBIT margin

-2.89%

EBITDA margin

1.53%

Gross margin

30.54%

Operating margin

-2.89%

Pretax margin

-3.16%

Profit margin

-4.43%

Profit per employee

CNY -79,580

Revenue per employee

CNY 1.8M

ROA

-0.91%

ROA (5Y)

0.78%

ROCE

-2.2%

ROE

-4.03%

ROE (5Y)

-2.13%

ROIC

-3.26%

ROIC (5Y)

0.44%

Tax / revenue

1.22%

Metric

Value

EPS growth quarters

EPS growth years

Gross profit growth

-28.54%

Gross profit growth (Q)

-7.5%

Gross profit growth 3Y

-13.03%

Gross profit growth 5Y

-13.71%

Net income growth quarters

Net income growth years

OCF growth

-75.97%

OCF growth 10Y

-22.34%

OCF growth 5Y

-44.37%

Revenue growth

-19.88%

Revenue growth (Q)

4.38%

Revenue growth (QoQ)

-42.23%

Revenue growth 10Y

-4.46%

Revenue growth 3Y

-17.28%

Revenue growth 5Y

-15.77%

Revenue growth quarters

Revenue growth years

Metric

Value

Capital expenditures

CNY -59.7M

Depreciation and amortization

CNY 284.8M

EBIT

CNY -186.2M

EBITDA

CNY 98.6M

EPS

CNY -0.38

FCF per share

CNY -0.02

Financing cash flow

CNY -53.9M

Free cash flow

CNY -16.8M

Gross profit

CNY 2B

Income taxes

CNY 78.3M

Investing cash flow

CNY -55.1M

Net borrowing

CNY 37.7M

Net cash flow

CNY -66.1M

Net income

CNY -284.9M

Operating income

CNY -186.2M

Revenue

CNY 6.4B

Metric

Value

Altman Z-Score

2.33

Book value per share

CNY 9.15

Debt / EBITDA

40.24

Debt / equity

0.69

Interest coverage

-1.84

Long-term assets

CNY 4.5B

Long-term liabilities

CNY 1.6B

Net cash (debt)

CNY 1B

Net cash / market cap

12.24%

Net cash growth

-11.99%

Net debt / EBITDA

-10.33

Net debt / equity

-0.15

Piotroski F-Score

Property, plant and equipment

CNY 2.8B

Shareholders' equity

CNY 6.8B

Tangible book value

CNY 6.1B

Tangible book value per share

CNY 8.17

Total assets

CNY 12.6B

Total cash

CNY 5.7B

Total debt

CNY 4.7B

Total liabilities

CNY 5.8B

WACC

5.62%

Metric

Value

Asset turnover

0.5

Current assets

CNY 8.2B

Current liabilities

CNY 4.2B

Current ratio

1.97

Inventory turnover

2.94

Net working capital

CNY 1.4B

Quick ratio

1.56

Working capital

CNY 4B

Working capital turnover

1.81

Metric

Value

Buyback yield / dilution

0.01%

Dividend growth (10Y)

6.91%

Dividend growth (3Y)

81.71%

Dividend growth (5Y)

Dividend growth years

Dividend payment date

2025-06-13

Dividend payment years

Dividend per share

CNY 0.00

Last dividend

CNY 0.15

Shareholder yield

0.01%

Metric

Value

10Y price change

-31.12%

10Y return CAGR

-3.39%

10Y total return

-29.14%

150-day SMA

CNY 11.22

15Y price change

3.07%

15Y return CAGR

0.59%

15Y total return

9.29%

1D price change

-1.07%

1M price change

10.01%

1M total return

10.01%

1W price change

-0.72%

1W total return

-0.72%

1Y price change

-29.21%

1Y return CAGR

-29.23%

1Y total return

-29.21%

20-day SMA

CNY 10.67

200-day SMA

CNY 12.06

20Y price change

149.66%

20Y return CAGR

5.21%

20Y total return

176.36%

3M price change

5.51%

3M total return

5.51%

3Y price change

-49.8%

3Y return CAGR

-20.26%

3Y total return

-49.31%

50-day SMA

CNY 10.63

50-day SMA vs 200-day SMA

50under200

52-week high

CNY 16.14

52-week high date

2025-11-12

52-week low

CNY 9.49

52-week low date

2026-06-29

5Y price change

-65.69%

5Y return CAGR

-19.09%

5Y total return

-65.32%

6M price change

-10.7%

6M total return

-10.7%

All-time high

CNY 79.00

All-time high date

2020-08-31

All-time low

CNY 2.27

All-time low date

2005-10-27

Average true range (ATR)

CNY 0.37

Average volume

15.5M

Beta (1Y)

0.08

Beta (2Y)

0.19

Beta (5Y)

0.66

Change from 52-week high

-31.23%

Change from 52-week low

16.97%

Change from all-time high

-85.95%

Change from all-time low

389.2%

Change from open

0.27%

Day's gap

-1.34%

Dollar volume

CNY 125.5M

High price

CNY 11.22

Low price

CNY 11.00

Monthly RSI

35.65

Open price

CNY 11.07

Position in 52-week range

45.45%

Previous close

CNY 11.22

Price vs 150-day SMA

-1.05%

Price vs 20-day SMA

4.03%

Price vs 200-day SMA

-7.99%

Price vs 50-day SMA

4.45%

Relative volume

0.73

RSI

56.27

Sharpe ratio

-1.22

Sharpe ratio (3Y)

-0.77

Sharpe ratio (5Y)

-0.45

Sortino ratio

-1.58

Sortino ratio (3Y)

-0.95

Sortino ratio (5Y)

-0.53

Volume

11.3M

Weekly RSI

47.49

YTD price change

-24.23%

YTD total return

-24.23%

Metric

Value

Float

457.3M

Shares change (QoQ)

-0.02%

Shares change (YoY)

-0.01%

Shares held by institutions

15.4%

Shares outstanding

741.8M

SHE/000860 (SHE/000860)

Price

Financial snapshot

Fair-value bridge

Latest news · SHE/000860

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All SHE/000860 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/000860

Frequently asked questions

SHE/000860 (SHE/000860)

Price

Financial snapshot

Fair-value bridge

Latest news · SHE/000860

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All SHE/000860 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/000860

Frequently asked questions