Utilities / Utilities - Independent Power ProducersUpdated 2026-05-10 22:07 UTC

SHA/600023 stock hub

SHA/600023 has a live ticker hub with the latest available market, valuation, profitability, growth, ownership, and risk indicators.

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Fair value midpoint

n/a

Fair value pending

Upside to midpoint

n/a

Based on latest report

Confidence

n/a

Data quality and model convergence

Market cap

78.6B

Shanghai Stock Exchange

Market data

Live price

Current market quote for this ticker.

Current price

SHA/600023

In the news

Latest news · SHA/600023

Recent company headlines from major financial publishers.

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Fetching the latest headlines.

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Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector context

Where the current metrics sit

Percentiles come from the backend screener cohort cache for the ticker's country and sector.

Forward P/E12.4

P25 11.4P50 17.9P75 24.5

Trailing P/E10.7

P25 16.8P50 28.7P75 58.8

ROE8

P25 2.6P50 5.8P75 9.5

ROIC2.7

P25 1.6P50 2.9P75 4.8

Benchmarks - 1M

S&P 500n/a

Nasdaq Compositen/a

Dow Jones Industrial Averagen/a

Russell 2000n/a

Indicator catalog

All SHA/600023 market and fundamental indicators

A searchable catalog of the available market, valuation, profitability, growth, balance-sheet, ownership, and analyst metrics for this ticker.

Available fields

223

Groups with data

Currency

CNY

Showing 223 of 223 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Country	China
Country code	CN
Employees	12,889
Employees Change	-388%
Employees Change Percent	-2.92
Enterprise value	CNY 124.3B
Exchange	Shanghai Stock Exchange
Financial currency	CNY
First seen	2026-05-10
Industry	Utilities - Independent Power Producers
Isin	CNE100001SP3
Last refreshed	2026-05-10
Market cap	CNY 78.6B
Price	CNY 5.86
Price currency	CNY
Rev Per Employee	6,021,683.74x
Sector	Utilities
Sic	4991
Symbol	sha/600023
Website	https://www.zzepc.com.cn

Valuation

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

Metric	Value
Earnings Yield	9.42%
EV Earnings	16.8x
EV/EBIT	21.03x
EV/EBITDA	9.58x
EV/FCF	25.35x
EV/Sales	1.6x
FCF yield	6.24%
Forward P/E	12.41x
P/B ratio	0.87x
P/E ratio	10.66x
P/S ratio	1.01x
PE Ratio10 Y	15.67x
PE Ratio3 Y	20.2x
PE Ratio5 Y	19.23x

Profitability

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

Metric	Value
EBIT Margin	7.62%
EBITDA Margin	16.22%
FCF margin	6.32%
Gross margin	11.98%
Gross Profit	CNY 9.3B
Net Income	CNY 7.4B
Net Income Growth	5.43%
Net Income Growth Q	-11.84%
Net Income Growth Years	0%
Net Income Growth5 Y	2.38%
Pretax Margin	11.01%
Profit Margin	9.54%
Profit Per Employee	CNY 574,197
Profitable Years	3
ROA	2.4
Roa5y	0.59
ROCE	4.79
ROE	8.03
Roe5y	4.44
ROIC	2.7

Growth

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

Metric	Value
Cagr10y	4.77%
Cagr1y	17.25%
Cagr3y	10.47%
Cagr5y	13.47%
Div CAGR10	2.33%
Div CAGR3	10.79%
Div CAGR5	8.61%
EPS Growth	5.65
EPS Growth Q	-12.5
EPS Growth Years	0
EPS Growth5 Y	2.16
FCF Growth	-20.95%
FCF Growth Q	28.16%
FCF Growth5 Y	-1.86%
OCF Growth	-21.14%
OCF Growth Q	21.23%
OCF Growth10 Y	-0.17%
OCF Growth5 Y	6.23%
Revenue Growth	-9.32x
Revenue Growth Q	-11.02x
Revenue Growth Years	0x
Revenue Growth3 Y	-0.81x
Revenue Growth5 Y	6.2x

Financial strength

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

Metric	Value
Asset Turnover	CNY 0.51
Assets	CNY 154.1B
Cash	CNY 15.5B
Current Assets	CNY 33.8B
Current Liabilities	CNY 30.7B
Debt	CNY 48.1B
Debt EBITDA	CNY 3.7
Debt Equity	CNY 0.53
Debt FCF	CNY 9.8
Equity	CNY 90.3B
Interest Coverage	4.9
Liabilities	CNY 63.8B
Long Term Assets	CNY 120.4B
Long Term Liabilities	CNY 33.1B
Net Cash	CNY -32.6B
Net Cash By Market Cap	CNY -41.46
Net Debt EBITDA	CNY 2.59
Net Debt Equity	CNY 0.36
Net Debt FCF	CNY 6.64
Tangible Book Value	CNY 73.9B
Tangible Book Value Per Share	CNY 5.51
WACC	4.12

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Current ratio	1.1
Inventory Turnover	12.83
Net Working Capital	CNY 5.5B
Quick ratio	0.83
Working Capital	CNY 3B
Working Capital Turnover	CNY 31.85

Dividends and buybacks

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

Metric	Value
Buyback Yield	0.21%
Dividend Growth	0%
Dividend Growth Years	5%
Dividend per share	CNY 0.33
Dividend Years	2
Dividend Yield	5.63%
Ex Div Date	2025-10-17
Last Dividend	CNY 0.05
Payout Frequency	Annual
Payout Ratio	77%

Performance and technicals

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

Metric	Value
10Y total return	59.28%
1Y total return	17.24%
200-day SMA	5.22
3Y total return	34.82%
50-day SMA	5.53
50-day SMA vs 200-day SMA	50over200
5Y total return	88.12%
All Time High	15.38
All Time High Change	-61.9%
All Time High Date	2015-06-03
All Time Low	3.09
All Time Low Change	89.64%
All Time Low Date	2022-09-19
ATR	0.14
Beta	0.2
Beta1y	0.01
Beta2y	0.3
Ch YTD	18.38
High	5.98
High52	5.98
High52 Date	2026-05-08
High52ch	-1.35%
Low	5.8
Low52	4.89
Low52 Date	2026-02-03
Low52ch	19.84%
Ma50ch	6.02%
Price vs 200-day SMA	12.2%
RSI	64.3
RSI Monthly	58.89
RSI Weekly	65.95
Sharpe ratio	0.32x
Sortino ratio	0.7
Total Return	5.84%
Tr YTD	18.38
Tr1m	8.12%
Tr1w	1.74%
Tr3m	18.15%

Analyst estimates

Ratings, targets, revisions, and forward estimate fields.

Metric	Value
Operating Income	CNY 5.9B
Operating margin	7.62

Ownership and float

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

Metric	Value
Float	2,894,653,251%
Net Borrowing	-153,900,698
Shares Insiders	0%
Shares Institutions	6.52%
Shares Out	13,408,732,749
Shares Qo Q	2.95%
Shares Yo Y	-0.21%

Other indicators

Additional ticker metrics that do not fit the primary research groupings yet.

Metric	Value
Adjusted FCF	CNY 4.9B
Average Volume	67,877,132.35x
Bv Per Share	5.75
CAPEX	CNY -7.3B
Ch10y	9.33
Ch1m	8.12
Ch1w	1.74
Ch1y	10.15
Ch3m	18.15
Ch3y	22.59
Ch5y	60.55
Ch6m	9.94
Change	0.34%
Change From Open	0.51
Close	5.84
Days Gap	-0.17
Dollar Volume	372,340,210.1
Earnings Date	2026-08-28
EBIT	CNY 5.9B
EBITDA	CNY 12.6B
EPS	CNY 0.55
F Score	5
FCF	CNY 4.9B
FCF EV Yield	3.94x
FCF Per Share	CNY 0.37
Financing CF	-6,864,160,900
Fiscal Year End	December
Founded	1,985
Goodwill	280,838,973
Graham Number	8.43513
Graham Upside	43.94
Income Tax	CNY 1.4B
Investing CF	-6,527,191,627
Is Primary Listing	1
Last Earnings Date	2025-10-30
Last Report Date	2026-03-31
Last Split Date	2014-06-19
Last Split Type	Forward
Lynch Fair Value	CNY 2.75
Lynch Upside	-53.11
Ma150	5.24
Ma150ch	11.92%
Ma20	5.66
Ma20ch	3.5%
Net CF	-1,193,804,598
Next Earnings Date	2026-08-28
Open	5.83
P FCF Ratio	16.02
P OCF Ratio	6.43
Payment Date	2025-10-17
Position In Range	33.33
Ppne	62,825,927,900
Price Date	2026-05-08
Price EBITDA	CNY 6.24
Ptbv Ratio	1.06
Relative Volume	0.95x
Revenue	77,613,481,754x
Tax By Revenue	1.76x
Tax Rate	16.01%
Tr6m	9.94%
Volume	63,539,285

Fast facts

Decision checkpoints

A compact product layer over the same report payload.

Risk gate

n/a

Named kill scenarios are reviewed before any bullish rating can stand.

Moat score

n/a

Business quality stays separate from stock attractiveness.

Forward P/E

n/a

Valuation uses the full report model stack, not a single multiple.

Next action

Research pending

Final action steps are kept in the recommendation tab.

Income

SHA/600023 dividend yield, growth & safety

Yield, payout sustainability, and the multi-year growth streak.

Dividend yield

+5.6%

$0.33 annual per share

Payout ratio

+77.0%

Share of earnings returned as dividends. Below 60% is generally sustainable.

5Y dividend CAGR

+8.6%

5 consecutive years of growth

Total shareholder yield

+5.8%

Next ex-dividend date: 2025-10-17

Performance

SHA/600023 stock returns vs the market

Total return (incl. dividends) compared to S&P 500.

Ownership

Who owns SHA/600023?

Insider, institutional, and short-interest positioning.

Institutional ownership

+6.5%

Share of float held by funds and institutions

Insider ownership

+0.0%

Stake held by company insiders. Higher generally signals alignment.

Short interest

n/a

Float sold short by bearish positioning

Y/Y dilution

-0.2%

Negative means the company is buying back shares.

Technical

SHA/600023 momentum and risk profile

RSI, moving-average stack, beta, and risk-adjusted return.

RSI (14)

64.3

Neutral momentum band

Price vs 200-day MA

+12.2%

50/200-day relationship not available

Beta (5Y)

0.20

Less volatile than the market

Sharpe ratio

0.32

Risk-adjusted return — higher is better; >1.0 is solid.

Questions

About SHA/600023

Hub-level FAQ points readers to the deeper analysis pages.

What is the current sha/600023 stock rating?

sha/600023 is currently shown with the latest rating in the latest report. The hub links directly to the full analysis surface where the rating, fair-value bridge, risks, and scorecard are documented together.

Where can I read the full sha/600023 analysis?

The full report lives at /stocks/sha/600023/analysis. The bare ticker page is a product hub that summarizes the latest read and sends readers into the relocated analysis tabs without making the analysis surface depend on the hub.

What fair-value range is used for sha/600023?

The latest report frames sha/600023 around the latest fair-value range. Treat that range as the entry point, then check the valuation, sensitivity, and bear-case tabs before making an investment decision.

How often is the sha/600023 page updated?

The hub updates with the latest published stock report and live backend market data. The analysis pages remain reachable under /analysis, so a hub rollback does not remove the report reader.