SHA/600011 (SHA/600011)

Shanghai Stock Exchange: SHA/600011 · CNY

CN¥7.40

+0.24 (+3.4%)· Recorded snapshot

Market cap	104.7B
Revenue (ttm)	222.2B
Net income (ttm)	4.6B
EPS (ttm)	CN¥0.27
P/E (trailing)	27.5x
P/E (forward)	8.9x
Dividend	CN¥0.40 (5.41%)
Volume	132,999,514
Beta	0.70

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 222.2B
Net income (ttm): 4.6B
EPS (ttm): CN¥0.27
P/E (trailing): 27.5x
P/E (forward): 8.9x
Market cap: 104.7B

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/E8.9

P25 n/aP50 n/aP75 n/a

Trailing P/E27.5

P25 n/aP50 n/aP75 n/a

ROE5.3

P25 n/aP50 n/aP75 n/a

ROIC2.5

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All SHA/600011 indicators

Market & fundamental data

Available fields

238

Groups with data

Currency

CNY

Showing 238 of 238 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	56,104
Employees change	-159
Employees growth	-0.28%
Enterprise value	CNY 468.7B
Exchange	Shanghai Stock Exchange
Financial currency	CNY
Financial report date	2026-09-30
First seen	2026-05-10
Fiscal year end	December
Founded	1994
Industry	Utilities - Independent Power Producers
Is primary listing	No
ISIN number	CNE000001998
Last earnings date	2026-10-27
Last refreshed	2026-10-28
Last stock split date	2004-05-24
Last stock split type	Forward
Market cap	CNY 104.7B
Next earnings date	2026-10-28
Price	CNY 7.40
Price currency	CNY
Sector	Utilities
SIC code	4911
Stock price date	2026-10-28
Symbol	sha/600011
Website	https://www.hpi.com.cn

Valuation

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

Metric	Value
Average P/E ratio (10Y)	36.19x
Average P/E ratio (3Y)	15.16x
Average P/E ratio (5Y)	15.14x
Earnings yield	3.63%
EV/Earnings	101.5x
EV/EBIT	22.36x
EV/EBITDA	9.48x
EV/FCF	201.36x
EV/Sales	2.12x
FCF / EV yield	0.5%
FCF yield	2.22%
Forward P/E	8.95x
Graham number	10.58427
Graham upside	43.03%
Industry P/E	16.46x
Lynch fair value	CNY 1.63
Lynch upside	-77.95%
P/B ratio	0.49x
P/E ratio	27.52x
P/FCF ratio	44.98x
P/OCF ratio	1.88x
P/S ratio	0.47x
Price / tangible book value	0.94x
Price/EBITDA ratio	2.14x
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	9.49%
EBITDA margin	22.06%
Effective tax rate	21.29%
FCF margin	1.05%
Gross margin	14.9%
Operating margin	9.49%
Pretax margin	6.59%
Profit margin	3.33%
Profit per employee	CNY 82,304
Profitable quarters	3
Profitable years	3
Revenue per employee	CNY 4M
ROA	2.16%
ROA (5Y)	1.46%
ROCE	4.67%
ROE	5.34%
ROE (5Y)	1.13%
ROIC	2.49%
Tax / revenue	1.4%

Growth

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

Metric	Value
EPS growth	-65.83%
EPS growth (Q)	-72.73%
EPS growth (QoQ)	9.95%
EPS growth 10Y	-9.94%
EPS growth 3Y	-5.62%
EPS growth years	4
FCF growth (Q)	-40.29%
FCF growth (QoQ)	181.92%
Net income growth	-49.25%
Net income growth (Q)	-77.84%
Net income growth (QoQ)	137.05%
Net income growth 3Y	-12.64%
Net income growth years	4
OCF growth	-7.73%
OCF growth (Q)	-27.52%
OCF growth (QoQ)	24.65%
OCF growth 10Y	3.72%
OCF growth 3Y	11.08%
OCF growth 5Y	8.05%
Revenue growth	-5.11%
Revenue growth (Q)	-3.29%
Revenue growth (QoQ)	17.58%
Revenue growth 10Y	5.35%
Revenue growth 3Y	-4.38%
Revenue growth 5Y	2.86%
Revenue growth years	0

Financial statements

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

Metric	Value
Capital expenditures	CNY -53.3B
EBIT	CNY 21.1B
EBITDA	CNY 49B
EPS	CNY 0.27
Financing cash flow	CNY -4.2B
Free cash flow	CNY 2.3B
Gross profit	CNY 33.1B
Income taxes	CNY 3.1B
Investing cash flow	CNY -52.4B
Net borrowing	CNY 16.7B
Net cash flow	CNY -1.2B
Net income	CNY 4.6B
Operating income	CNY 21.1B
Revenue	CNY 222.2B

Financial strength

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

Metric	Value
Book value per share	CNY 4.99
Debt / EBITDA	6.36
Debt / equity	1.46
Debt / FCF	135.82
Goodwill	CNY 11.5B
Interest coverage	2.92
Long-term assets	CNY 525.6B
Long-term liabilities	CNY 235.5B
Net cash (debt)	CNY -293.7B
Net cash / market cap	-280.48%
Net debt / EBITDA	5.99
Net debt / equity	1.36
Net debt / FCF	126.16
Piotroski F-Score	4
Property, plant and equipment	CNY 442.9B
Shareholders' equity	CNY 215.8B
Tangible book value	CNY 111.5B
Tangible book value per share	CNY 3.87
Total assets	CNY 622.4B
Total cash	CNY 22.5B
Total debt	CNY 316.1B
Total liabilities	CNY 406.6B
WACC	3.36%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.36
Current assets	CNY 96.8B
Current liabilities	CNY 171.1B
Current ratio	0.57
Inventory turnover	20.95
Net working capital	CNY -7.1B
Quick ratio	0.45
Working capital	CNY -74.3B
Working capital turnover	-3.08

Dividends and buybacks

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

Metric	Value
Buyback yield / dilution	-15.61%
Dividend growth	48.15%
Dividend growth (10Y)	-1.6%
Dividend growth (3Y)	25.99%
Dividend growth (5Y)	17.32%
Dividend growth years	4
Dividend payment date	2026-07-03
Dividend payment years	3
Dividend payout frequency	Annual
Dividend per share	CNY 0.40
Dividend yield	5.41%
Ex-dividend date	2026-07-03
Last dividend	CNY 0.40
Payout ratio	268.44%
Shareholder yield	-10.2%

Performance and technicals

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

Metric	Value
10Y price change	3.35%
10Y return CAGR	2.93%
10Y total return	33.5%
150-day SMA	CNY 7.27
15Y price change	64.44%
15Y return CAGR	6.61%
15Y total return	161.08%
1D price change	3.35%
1M price change	9.79%
1M total return	9.79%
1W price change	-1.33%
1W total return	-1.33%
1Y price change	-4.52%
1Y return CAGR	0.78%
1Y total return	0.78%
20-day SMA	CNY 7.27
200-day SMA	CNY 7.28
20Y price change	43.41%
20Y return CAGR	4.94%
20Y total return	162.25%
3M price change	3.64%
3M total return	3.64%
3Y price change	-4.15%
3Y return CAGR	2.37%
3Y total return	7.28%
50-day SMA	CNY 7.00
50-day SMA vs 200-day SMA	50under200
52-week high	CNY 9.76
52-week high date	2026-06-01
52-week low	CNY 6.54
52-week low date	2026-08-21
5Y price change	-2.25%
5Y return CAGR	1.81%
5Y total return	9.4%
6M price change	6.48%
6M total return	12.38%
All-time high	CNY 19.25
All-time high date	2007-09-18
All-time low	CNY 3.74
All-time low date	2021-02-09
Average true range (ATR)	CNY 0.19
Average volume	106.1M
Beta (5Y)	0.7
Change from 52-week high	-24.18%
Change from 52-week low	13.15%
Change from all-time high	-61.56%
Change from all-time low	97.86%
Change from open	4.23%
Day's gap	-0.84%
Dollar volume	CNY 984.2M
High price	CNY 7.47
Low price	CNY 7.10
Monthly RSI	49.87
Open price	CNY 7.10
Position in 52-week range	81.08%
Previous close	CNY 7.16
Price vs 150-day SMA	1.84%
Price vs 20-day SMA	1.77%
Price vs 200-day SMA	1.63%
Price vs 50-day SMA	5.7%
Relative volume	1.25
RSI	56.15
Sharpe ratio	0.23
Sharpe ratio (3Y)	0.05
Sharpe ratio (5Y)	0.46
Sortino ratio	0.54
Sortino ratio (3Y)	0.29
Sortino ratio (5Y)	0.87
Volume	133M
Weekly RSI	52.94
YTD price change	-0.8%
YTD total return	4.7%

Ownership and float

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

Metric	Value
Float	7.4B
Shares change (QoQ)	113.77%
Shares change (YoY)	15.61%
Shares held by institutions	18.02%

Deeper analysis on SHA/600011

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.

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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.

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Frequently asked questions

About this SHA/600011 report

Is a complete SHA/600011 research report available?

No complete published report is available for sha/600011 (SHA/600011) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

SHA/600011 (SHA/600011)

Price

Financial snapshot

Fair-value bridge

Latest news · SHA/600011

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All SHA/600011 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/600011

Frequently asked questions