SHA/600019 (SHA/600019)

Shanghai Stock Exchange: SHA/600019 · CNY

CN¥6.01

+0.01 (+0.2%)· Recorded snapshot

Market cap	130.7B
Revenue (ttm)	330.7B
Net income (ttm)	9.1B
EPS (ttm)	CN¥0.42
Shares out	21.7B
P/E (trailing)	14.3x
P/E (forward)	13.0x
Dividend	CN¥0.30 (4.99%)
Volume	73,284,723
Beta	0.42

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 330.7B
Net income (ttm): 9.1B
EPS (ttm): CN¥0.42
P/E (trailing): 14.3x
P/E (forward): 13.0x
Market cap: 130.7B

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/E13

P25 n/aP50 n/aP75 n/a

Trailing P/E14.3

P25 n/aP50 n/aP75 n/a

ROE4.5

P25 n/aP50 n/aP75 n/a

ROIC4

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All SHA/600019 indicators

Market & fundamental data

Available fields

260

Groups with data

Currency

CNY

Showing 260 of 260 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	2026-10-28
Employees	46,135
Employees change	87
Employees growth	0.19%
Enterprise value	CNY 164B
Exchange	Shanghai Stock Exchange
Financial currency	CNY
Financial report date	2026-09-30
First seen	2026-05-10
Fiscal year end	December
Founded	2000
Industry	Steel
Is primary listing	Yes
ISIN number	CNE0000015R4
Last earnings date	2026-10-28
Last refreshed	2026-10-28
Market cap	CNY 130.7B
Next earnings date	2026-10-28
Price	CNY 6.01
Price currency	CNY
Sector	Materials
SIC code	3310
Stock price date	2026-10-28
Symbol	sha/600019
Website	https://www.baosteel.com

Valuation

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

Metric	Value
Average P/E ratio (10Y)	11.37x
Average P/E ratio (3Y)	15.15x
Average P/E ratio (5Y)	13.21x
Earnings yield	6.98%
EV/Earnings	17.98x
EV/EBIT	15.8x
EV/EBITDA	5.62x
EV/FCF	32.02x
EV/Sales	0.5x
FCF / EV yield	3.12%
FCF yield	3.92%
Forward P/E	13.01x
Graham number	9.46191
Graham upside	57.44%
Industry forward P/E	13.31x
Industry P/E	51.07x
Lynch fair value	CNY 2.10
Lynch upside	-65.09%
P/B ratio	0.58x
P/E ratio	14.32x
P/FCF ratio	25.51x
P/OCF ratio	5.54x
P/S ratio	0.4x
Price / tangible book value	0.67x
Price/EBITDA ratio	4.56x
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	3.14%
EBITDA margin	8.67%
Effective tax rate	9.76%
FCF margin	1.55%
Gross margin	6.23%
Operating margin	3.14%
Pretax margin	3.36%
Profit margin	2.76%
Profit per employee	CNY 197,783
Profitable quarters	42
Profitable years	29
Revenue per employee	CNY 7.2M
ROA	1.75%
ROA (5Y)	2.51%
ROCE	4.33%
ROE	4.48%
ROE (5Y)	6.95%
ROIC	4.01%
ROIC (5Y)	6.08%
Tax / revenue	0.33%

Growth

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

Metric	Value
EPS growth	-5.26%
EPS growth (Q)	-28.24%
EPS growth (QoQ)	-9.29%
EPS growth 10Y	6.54%
EPS growth 3Y	-6.27%
EPS growth 5Y	-19.05%
EPS growth years	1
FCF growth	-77.8%
FCF growth (Q)	-91.11%
FCF growth (QoQ)	-84.65%
FCF growth 3Y	-24.58%
FCF growth 5Y	-20.6%
Gross profit growth	-4.34%
Gross profit growth (Q)	-27.63%
Gross profit growth 3Y	1.39%
Gross profit growth 5Y	-16.63%
Net income growth	-3.33%
Net income growth (Q)	-29.65%
Net income growth (QoQ)	-7.65%
Net income growth 3Y	-5.66%
Net income growth 5Y	-19.12%
Net income growth years	1
OCF growth	-45.08%
OCF growth (Q)	-57.65%
OCF growth (QoQ)	-42.17%
OCF growth 10Y	2.37%
OCF growth 3Y	-11.58%
OCF growth 5Y	-10.28%
Operating income growth	-6.03%
Operating income growth (Q)	-37.48%
Operating income growth 3Y	3.52%
Operating income growth 5Y	-20.23%
Revenue growth	6.1%
Revenue growth (Q)	4.75%
Revenue growth (QoQ)	1.49%
Revenue growth 10Y	4.26%
Revenue growth 3Y	-1.42%
Revenue growth 5Y	-1.47%
Revenue growth quarters	4
Revenue growth years	0

Financial statements

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

Metric	Value
Capital expenditures	CNY -18.5B
Depreciation and amortization	CNY 18.3B
EBIT	CNY 10.4B
EBITDA	CNY 28.7B
EPS	CNY 0.42
FCF per share	CNY 0.24
Financing cash flow	CNY -14.6B
Free cash flow	CNY 5.1B
Gross profit	CNY 20.6B
Income taxes	CNY 1.1B
Investing cash flow	CNY -16.8B
Net borrowing	CNY -8.1B
Net cash flow	CNY -8.1B
Net income	CNY 9.1B
Operating income	CNY 10.4B
Revenue	CNY 330.7B

Financial strength

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

Metric	Value
Altman Z-Score	2.13
Book value per share	CNY 9.48
Debt / EBITDA	1.13
Debt / equity	0.15
Debt / FCF	6.41
Goodwill	CNY 568M
Interest coverage	10.11
Long-term assets	CNY 240.6B
Long-term liabilities	CNY 14.9B
Net cash (debt)	CNY -14.2B
Net cash / market cap	-10.85%
Net debt / EBITDA	0.49
Net debt / equity	0.06
Net debt / FCF	2.77
Piotroski F-Score	6
Property, plant and equipment	CNY 165.9B
Shareholders' equity	CNY 224.7B
Tangible book value	CNY 193.7B
Tangible book value per share	CNY 8.94
Total assets	CNY 365.2B
Total cash	CNY 18.7B
Total debt	CNY 32.9B
Total liabilities	CNY 140.4B
WACC	5.82%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.89
Current assets	CNY 124.5B
Current liabilities	CNY 125.6B
Current ratio	0.99
Inventory turnover	7.63
Net working capital	CNY 2.8B
Quick ratio	0.41
Working capital	CNY -1B
Working capital turnover	233.19

Dividends and buybacks

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

Metric	Value
Buyback yield / dilution	-1.36%
Dividend growth	40.91%
Dividend growth (10Y)	17.85%
Dividend growth (3Y)	13.86%
Dividend growth (5Y)	-13.76%
Dividend growth years	0
Dividend payment date	2026-09-16
Dividend payment years	26
Dividend payout frequency	Semi-Annual
Dividend per share	CNY 0.30
Dividend yield	4.99%
Ex-dividend date	2026-09-16
FCF payout ratio	47.68%
Last dividend	CNY 0.13
Payout ratio	78.23%
Shareholder yield	3.64%

Performance and technicals

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

Metric	Value
10Y price change	6.56%
10Y return CAGR	6.32%
10Y total return	84.57%
150-day SMA	CNY 5.98
15Y price change	13.61%
15Y return CAGR	5.53%
15Y total return	124.15%
1D price change	0.17%
1M price change	2.91%
1M total return	2.91%
1W price change	0.33%
1W total return	0.33%
1Y price change	-17.33%
1Y return CAGR	-12.7%
1Y total return	-12.69%
20-day SMA	CNY 5.94
200-day SMA	CNY 6.28
20Y price change	33.26%
20Y return CAGR	5.78%
20Y total return	207.7%
3M price change	1.18%
3M total return	3.47%
3Y price change	-4.3%
3Y return CAGR	3.09%
3Y total return	9.55%
50-day SMA	CNY 5.87
50-day SMA vs 200-day SMA	50under200
52-week high	CNY 7.83
52-week high date	2025-11-14
52-week low	CNY 5.30
52-week low date	2026-06-29
5Y price change	-16.76%
5Y return CAGR	1.27%
5Y total return	6.53%
6M price change	-4.45%
6M total return	0.91%
All-time high	CNY 22.12
All-time high date	2007-10-16
All-time low	CNY 3.39
All-time low date	2001-12-24
Average true range (ATR)	CNY 0.12
Average volume	93.4M
Beta (1Y)	0.17
Beta (2Y)	0.26
Beta (5Y)	0.42
Change from 52-week high	-23.24%
Change from 52-week low	13.4%
Change from all-time high	-72.83%
Change from all-time low	77.5%
Change from open	0.84%
Day's gap	-0.67%
Dollar volume	CNY 440.4M
High price	CNY 6.04
Low price	CNY 5.93
Monthly RSI	43.88
Open price	CNY 5.96
Position in 52-week range	72.73%
Previous close	CNY 6.00
Price vs 150-day SMA	0.52%
Price vs 20-day SMA	1.2%
Price vs 200-day SMA	-4.25%
Price vs 50-day SMA	2.45%
Relative volume	0.79
RSI	55.9
Sharpe ratio	-0.68
Sharpe ratio (3Y)	0.09
Sharpe ratio (5Y)	-0.01
Sortino ratio	-0.66
Sortino ratio (3Y)	0.37
Sortino ratio (5Y)	0.2
Volume	73.3M
Weekly RSI	48.91
YTD price change	-19.33%
YTD total return	-14.8%

Ownership and float

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

Metric	Value
Float	10.1B
Shares change (QoQ)	1.8%
Shares change (YoY)	1.36%
Shares held by insiders	0.02%
Shares held by institutions	27.81%
Shares outstanding	21.7B

Deeper analysis on SHA/600019

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.

→

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.

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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.

→

Frequently asked questions

About this SHA/600019 report

Is a complete SHA/600019 research report available?

No complete published report is available for sha/600019 (SHA/600019) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

SHA/600019 (SHA/600019)

Price

Financial snapshot

Fair-value bridge

Latest news · SHA/600019

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All SHA/600019 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/600019

Frequently asked questions