SHA/600228 (SHA/600228)

Shanghai Stock Exchange: SHA/600228 · CNY

CN¥8.99

+0.15 (+1.7%)· Recorded snapshot

Market cap	3.7B
Revenue (ttm)	703.8M
Net income (ttm)	-58.4M
EPS (ttm)	-CN¥0.14
Shares out	416.7M
Volume	11,641,200
Beta	0.57

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 703.8M
Net income (ttm): -58.4M
EPS (ttm): -CN¥0.14
Market cap: 3.7B

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/En/a

P25 n/aP50 n/aP75 n/a

Trailing P/En/a

P25 n/aP50 n/aP75 n/a

ROE-14.7

P25 n/aP50 n/aP75 n/a

ROIC-58

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All SHA/600228 indicators

Market & fundamental data

Available fields

188

Groups with data

Currency

CNY

Showing 188 of 188 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	2026-10-30
Employees	142
Employees change	2
Employees growth	1.43%
Enterprise value	CNY 3.5B
Exchange	Shanghai Stock Exchange
Financial currency	CNY
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Founded	1999
Industry	Internet Content & Information
Is primary listing	Yes
ISIN number	CNE000000Y78
Last earnings date	2026-08-22
Last refreshed	2026-10-28
Market cap	CNY 3.7B
Next earnings date	2026-10-30
Price	CNY 8.99
Price currency	CNY
Sector	Communication Services
SIC code	7370
Stock price date	2026-10-28
Symbol	sha/600228
Website	https://corp.fanli.com

Valuation

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

Metric	Value
Average P/E ratio (5Y)	144.52x
Earnings yield	-1.56%
EV/Sales	4.93x
FCF / EV yield	-1.51%
FCF yield	-1.4%
Industry P/E	67.39x
P/B ratio	10.18x
P/S ratio	5.32x
Price / tangible book value	10.19x
Sector forward P/E	15.97x
Sector P/E	53.73x

Profitability

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

Metric	Value
EBIT margin	-7.37%
EBITDA margin	-7.28%
Gross margin	48.35%
Operating margin	-7.37%
Pretax margin	-8.61%
Profit margin	-8.29%
Profit per employee	CNY -411,075
Revenue per employee	CNY 5M
ROA	-5.57%
ROA (5Y)	-0.04%
ROCE	-13.46%
ROE	-14.73%
ROE (5Y)	0.53%
ROIC	-58.04%
Tax / revenue	-0.32%

Growth

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

Metric	Value
EPS growth quarters	1
EPS growth years	0
Gross profit growth	184.88%
Gross profit growth (Q)	41.6%
Gross profit growth 3Y	-0.98%
Gross profit growth 5Y	-1.44%
Net income growth quarters	1
Net income growth years	0
Revenue growth	140.11%
Revenue growth (Q)	47.11%
Revenue growth (QoQ)	37.23%
Revenue growth 10Y	-2.68%
Revenue growth 3Y	13.96%
Revenue growth 5Y	6.77%
Revenue growth quarters	5
Revenue growth years	1

Financial statements

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

Metric	Value
Capital expenditures	CNY -2.3M
Depreciation and amortization	CNY 674,280
EBIT	CNY -51.9M
EBITDA	CNY -51.2M
EPS	CNY -0.14
FCF per share	CNY -0.13
Financing cash flow	CNY -5.3M
Free cash flow	CNY -52.3M
Gross profit	CNY 340.3M
Income taxes	CNY -2.2M
Investing cash flow	CNY -1.3M
Net borrowing	CNY 1M
Net cash flow	CNY -57.6M
Net income	CNY -58.4M
Operating income	CNY -51.9M
Revenue	CNY 703.8M

Financial strength

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

Metric	Value
Altman Z-Score	9.66
Book value per share	CNY 0.88
Debt / equity	0.01
Interest coverage	-191.98
Long-term assets	CNY 116.7M
Long-term liabilities	CNY 17.8M
Net cash (debt)	CNY 274.9M
Net cash / market cap	7.34%
Net cash growth	-16.61%
Net debt / equity	-0.75
Piotroski F-Score	3
Property, plant and equipment	CNY 7.2M
Shareholders' equity	CNY 367.9M
Tangible book value	CNY 367.7M
Tangible book value per share	CNY 0.88
Total assets	CNY 558.9M
Total cash	CNY 279.4M
Total debt	CNY 4.6M
Total liabilities	CNY 191M
WACC	7.37%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	1.21
Current assets	CNY 442.3M
Current liabilities	CNY 173.3M
Current ratio	2.55
Inventory turnover	76.31
Net working capital	CNY -6.6M
Quick ratio	2.42
Working capital	CNY 269M
Working capital turnover	2.4

Dividends and buybacks

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

Metric	Value
Buyback yield / dilution	8.76%
Shareholder yield	8.76%

Performance and technicals

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

Metric	Value
150-day SMA	CNY 7.58
1D price change	1.7%
1M price change	-15.19%
1M total return	-15.19%
1W price change	-12.04%
1W total return	-12.04%
1Y price change	40.47%
1Y return CAGR	40.5%
1Y total return	40.47%
20-day SMA	CNY 9.76
200-day SMA	CNY 7.08
3M price change	52.12%
3M total return	52.12%
3Y price change	20.67%
3Y return CAGR	6.46%
3Y total return	20.67%
50-day SMA	CNY 9.62
50-day SMA vs 200-day SMA	50over200
52-week high	CNY 12.49
52-week high date	2026-09-21
52-week low	CNY 4.62
52-week low date	2025-12-17
5Y price change	42.02%
5Y return CAGR	7.27%
5Y total return	42.02%
6M price change	47.62%
6M total return	47.62%
All-time high	CNY 16.70
All-time high date	2023-05-09
All-time low	CNY 2.95
All-time low date	2025-05-06
Average true range (ATR)	CNY 0.66
Average volume	24.1M
Beta (1Y)	0.76
Beta (2Y)	0.46
Beta (5Y)	0.57
Change from 52-week high	-28.02%
Change from 52-week low	94.59%
Change from all-time high	-46.17%
Change from all-time low	204.75%
Change from open	1.24%
Day's gap	0.45%
Dollar volume	CNY 104.7M
High price	CNY 8.99
Low price	CNY 8.63
Monthly RSI	58.85
Open price	CNY 8.88
Position in 52-week range	100%
Previous close	CNY 8.84
Price vs 150-day SMA	18.65%
Price vs 20-day SMA	-7.93%
Price vs 200-day SMA	26.91%
Price vs 50-day SMA	-6.52%
Relative volume	0.47
RSI	41.93
Sharpe ratio	0.97
Sharpe ratio (3Y)	0.27
Sharpe ratio (5Y)	0.29
Sortino ratio	1.59
Sortino ratio (3Y)	0.5
Sortino ratio (5Y)	0.54
Volume	11.6M
Weekly RSI	54.19
YTD price change	60.25%
YTD total return	60.25%

Ownership and float

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

Metric	Value
Float	284.7M
Shares change (QoQ)	0.22%
Shares change (YoY)	-8.76%
Shares held by insiders	1.34%
Shares held by institutions	2.12%
Shares outstanding	416.7M

Deeper analysis on SHA/600228

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

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Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

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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/600228 report

Is a complete SHA/600228 research report available?

No complete published report is available for sha/600228 (SHA/600228) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

SHA/600228 (SHA/600228)

Price

Financial snapshot

Fair-value bridge

Latest news · SHA/600228

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All SHA/600228 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/600228

Frequently asked questions