SHA/600649 (SHA/600649)

Shanghai Stock Exchange: SHA/600649 · CNY

CN¥3.61

-0.06 (-1.6%)· Recorded snapshot

Market cap	9B
Revenue (ttm)	11.4B
Net income (ttm)	84.2M
EPS (ttm)	CN¥0.03
Shares out	2.5B
P/E (trailing)	104.1x
P/E (forward)	27.8x
Dividend	CN¥0.04 (1.11%)
Volume	13,715,613
Beta	0.63

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 11.4B
Net income (ttm): 84.2M
EPS (ttm): CN¥0.03
P/E (trailing): 104.1x
P/E (forward): 27.8x
Market cap: 9B

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/E27.8

P25 n/aP50 n/aP75 n/a

Trailing P/E104.1

P25 n/aP50 n/aP75 n/a

ROE0.2

P25 n/aP50 n/aP75 n/a

ROIC0.2

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All SHA/600649 indicators

Market & fundamental data

Available fields

232

Groups with data

Currency

CNY

Showing 232 of 232 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	2026-10-31
Employees	525
Employees change	34
Employees growth	6.92%
Enterprise value	CNY 46.1B
Exchange	Shanghai Stock Exchange
Financial currency	CNY
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Founded	1992
Industry	Real Estate - Development
Is primary listing	Yes
ISIN number	CNE0000005R5
Last earnings date	2026-08-31
Last refreshed	2026-10-28
Last stock split date	2012-07-23
Last stock split type	Forward
Market cap	CNY 9B
Next earnings date	2026-10-31
Price	CNY 3.61
Price currency	CNY
Sector	Real Estate
SIC code	4941
Stock price date	2026-10-28
Symbol	sha/600649
Website	https://www.sh600649.com

Valuation

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

Metric	Value
Average P/E ratio (10Y)	30.5x
Average P/E ratio (3Y)	59.25x
Average P/E ratio (5Y)	40.6x
Earnings yield	0.96%
EV/Earnings	547.22x
EV/EBIT	48.75x
EV/EBITDA	36.94x
EV/Sales	4.05x
FCF / EV yield	-0.42%
FCF yield	-2.14%
Forward P/E	27.77x
Graham number	2.55396
Graham upside	-29.25%
Lynch fair value	CNY 0.17
Lynch upside	-95.2%
P/B ratio	0.41x
P/E ratio	104.09x
P/S ratio	0.79x
Price / tangible book value	0.44x
Price/EBITDA ratio	7.32x

Profitability

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

Metric	Value
EBIT margin	8.31%
EBITDA margin	10.81%
Effective tax rate	86.65%
Gross margin	17.82%
Operating margin	8.31%
Pretax margin	2.18%
Profit margin	0.74%
Profit per employee	CNY 160,435
Profitable years	33
Revenue per employee	CNY 21.7M
ROA	0.71%
ROA (5Y)	0.54%
ROCE	1.83%
ROE	0.15%
ROE (5Y)	2.26%
ROIC	0.22%
ROIC (5Y)	0.62%
Tax / revenue	1.89%

Growth

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

Metric	Value
EPS growth	-83.05%
EPS growth 10Y	-25.41%
EPS growth 3Y	-49.02%
EPS growth 5Y	-40.28%
EPS growth years	1
Gross profit growth	-4.31%
Gross profit growth (Q)	-53.48%
Gross profit growth 3Y	69.38%
Gross profit growth 5Y	2.93%
Net income growth	-83.08%
Net income growth 3Y	-49.38%
Net income growth 5Y	-41.31%
Net income growth years	1
Operating income growth	-21.6%
Operating income growth (Q)	-79.79%
Operating income growth 3Y	32.77%
Operating income growth 5Y	-1.99%
Revenue growth	-22.68%
Revenue growth (Q)	-44.57%
Revenue growth (QoQ)	133.15%
Revenue growth 10Y	0.68%
Revenue growth 3Y	17.05%
Revenue growth 5Y	5.68%
Revenue growth years	2

Financial statements

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

Metric	Value
Capital expenditures	CNY 12.8M
Depreciation and amortization	CNY 284M
EBIT	CNY 945.5M
EBITDA	CNY 1.2B
EPS	CNY 0.03
FCF per share	CNY -0.08
Financing cash flow	CNY -1.9B
Free cash flow	CNY -192.8M
Gross profit	CNY 2B
Income taxes	CNY 214.6M
Investing cash flow	CNY 183.8M
Net borrowing	CNY 144.9M
Net cash flow	CNY -1.9B
Net income	CNY 84.2M
Operating income	CNY 945.5M
Revenue	CNY 11.4B

Financial strength

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

Metric	Value
Altman Z-Score	1.03
Book value per share	CNY 8.36
Debt / EBITDA	34.66
Debt / equity	1.99
Interest coverage	1.06
Long-term assets	CNY 21.4B
Long-term liabilities	CNY 29.9B
Net cash (debt)	CNY -36.2B
Net cash / market cap	-402.8%
Net debt / EBITDA	29.47
Net debt / equity	1.67
Piotroski F-Score	5
Property, plant and equipment	CNY 1.3B
Shareholders' equity	CNY 21.7B
Tangible book value	CNY 20.4B
Tangible book value per share	CNY 8.18
Total assets	CNY 81.1B
Total cash	CNY 7B
Total debt	CNY 43.3B
Total liabilities	CNY 59.4B
WACC	1.56%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.14
Current assets	CNY 59.7B
Current liabilities	CNY 29.5B
Current ratio	2.02
Inventory turnover	0.19
Net working capital	CNY 37.4B
Quick ratio	0.33
Working capital	CNY 30.1B
Working capital turnover	0.36

Dividends and buybacks

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

Metric	Value
Buyback yield / dilution	0.15%
Dividend growth	0%
Dividend growth (10Y)	-14.87%
Dividend growth (3Y)	-28.62%
Dividend growth (5Y)	-15.34%
Dividend growth years	0
Dividend payment date	2026-07-08
Dividend payment years	9
Dividend payout frequency	Annual
Dividend per share	CNY 0.04
Dividend yield	1.11%
Ex-dividend date	2026-07-08
Last dividend	CNY 0.04
Payout ratio	1,799.29%
Shareholder yield	1.26%

Performance and technicals

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

Metric	Value
10Y price change	-80.19%
10Y return CAGR	-13.46%
10Y total return	-76.43%
150-day SMA	CNY 3.92
15Y price change	-29.74%
15Y return CAGR	-0.67%
15Y total return	-9.52%
1D price change	-1.63%
1M price change	-9.75%
1M total return	-9.75%
1W price change	-1.1%
1W total return	-1.1%
1Y price change	-24.32%
1Y return CAGR	-23.47%
1Y total return	-23.45%
20-day SMA	CNY 3.84
200-day SMA	CNY 4.18
20Y price change	-1.2%
20Y return CAGR	1.49%
20Y total return	34.44%
3M price change	0.56%
3M total return	0.56%
3Y price change	-10.86%
3Y return CAGR	-2.56%
3Y total return	-7.49%
50-day SMA	CNY 3.88
50-day SMA vs 200-day SMA	50under200
52-week high	CNY 5.78
52-week high date	2026-02-05
52-week low	CNY 3.37
52-week low date	2026-06-29
5Y price change	-12.17%
5Y return CAGR	-0.8%
5Y total return	-3.93%
6M price change	-13.22%
6M total return	-12.23%
All-time high	CNY 26.63
All-time high date	2015-12-25
All-time low	CNY 2.36
All-time low date	1995-12-28
Average true range (ATR)	CNY 0.13
Average volume	24.7M
Beta (1Y)	0.49
Beta (2Y)	0.49
Beta (5Y)	0.63
Change from 52-week high	-37.54%
Change from 52-week low	7.12%
Change from all-time high	-86.44%
Change from all-time low	53.16%
Change from open	-2.17%
Day's gap	0.54%
Dollar volume	CNY 49.5M
High price	CNY 3.71
Low price	CNY 3.61
Monthly RSI	42.43
Open price	CNY 3.69
Position in 52-week range	0%
Previous close	CNY 3.67
Price vs 150-day SMA	-7.91%
Price vs 20-day SMA	-6.01%
Price vs 200-day SMA	-13.68%
Price vs 50-day SMA	-6.89%
Relative volume	0.54
RSI	39.09
Sharpe ratio	-0.63
Sharpe ratio (3Y)	-0.07
Sharpe ratio (5Y)	0.01
Sortino ratio	-0.8
Sortino ratio (3Y)	0.04
Sortino ratio (5Y)	0.19
Volume	13.7M
Weekly RSI	40.34
YTD price change	-18.88%
YTD total return	-17.95%

Ownership and float

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

Metric	Value
Float	1.2B
Shares change (QoQ)	13.85%
Shares change (YoY)	-0.15%
Shares held by institutions	7.81%
Shares outstanding	2.5B

Deeper analysis on SHA/600649

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/600649 report

Is a complete SHA/600649 research report available?

No complete published report is available for sha/600649 (SHA/600649) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

SHA/600649 (SHA/600649)

Price

Financial snapshot

Fair-value bridge

Latest news · SHA/600649

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All SHA/600649 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/600649

Frequently asked questions