SHA/600936 (SHA/600936)

Shanghai Stock Exchange: SHA/600936 · CNY

CN¥3.74

-0.05 (-1.3%)· Recorded snapshot

Market cap	6.2B
Revenue (ttm)	903.1M
Net income (ttm)	-47.1M
EPS (ttm)	-CN¥0.03
Shares out	1.7B
Volume	29,329,500
Beta	0.73

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 903.1M
Net income (ttm): -47.1M
EPS (ttm): -CN¥0.03
Market cap: 6.2B

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-2.4

P25 n/aP50 n/aP75 n/a

ROIC-43

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All SHA/600936 indicators

Market & fundamental data

Available fields

205

Groups with data

Currency

CNY

Showing 205 of 205 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	1,198
Employees change	-3,076
Employees growth	-71.97%
Enterprise value	CNY 5.7B
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	Telecom Services
Is primary listing	Yes
ISIN number	CNE100003HY4
Last earnings date	2026-10-28
Last refreshed	2026-10-28
Market cap	CNY 6.2B
Next earnings date	2026-10-28
Price	CNY 3.74
Price currency	CNY
Sector	Communication Services
SIC code	4841
Stock price date	2026-10-28
Symbol	sha/600936
Website	https://www.btkjgf.com

Valuation

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

Metric	Value
Earnings yield	-0.83%
EV/EBITDA	93.85x
EV/FCF	17.59x
EV/Sales	6.28x
FCF / EV yield	5.68%
FCF yield	5.16%
Industry P/E	48.31x
P/B ratio	3.12x
P/FCF ratio	19.39x
P/OCF ratio	15.46x
P/S ratio	6.92x
Price / tangible book value	6.5x
Price/EBITDA ratio	157.03x
Sector forward P/E	15.74x
Sector P/E	52.47x

Profitability

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

Metric	Value
EBIT margin	-16.14%
EBITDA margin	4.41%
FCF margin	35.69%
Gross margin	5.5%
Operating margin	-16.14%
Pretax margin	-5.02%
Profit margin	-5.22%
Profit per employee	CNY -39,349
Profitable quarters	2
Revenue per employee	CNY 753,826
ROA	-1.54%
ROA (5Y)	-2.46%
ROCE	-6.09%
ROE	-2.35%
ROE (5Y)	-23.08%
ROIC	-42.99%
Tax / revenue	0.14%

Growth

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

Metric	Value
EPS growth quarters	5
EPS growth years	1
FCF growth 3Y	24.88%
Gross profit growth	-97.08%
Gross profit growth (Q)	-87.02%
Gross profit growth 3Y	61.1%
Gross profit growth 5Y	-31.44%
Net income growth quarters	5
Net income growth years	1
OCF growth 10Y	-5.96%
OCF growth 3Y	-1.57%
OCF growth 5Y	6.73%
Revenue growth	-87.39%
Revenue growth (Q)	-80.72%
Revenue growth (QoQ)	6.24%
Revenue growth 10Y	-9.79%
Revenue growth 3Y	-17.81%
Revenue growth 5Y	-15.93%
Revenue growth quarters	4
Revenue growth years	1

Financial statements

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

Metric	Value
Capital expenditures	CNY -82.1M
Depreciation and amortization	CNY 185.5M
EBIT	CNY -145.7M
EBITDA	CNY 39.8M
EPS	CNY -0.03
FCF per share	CNY 0.19
Financing cash flow	CNY -347.6M
Free cash flow	CNY 322.3M
Gross profit	CNY 49.7M
Income taxes	CNY 1.3M
Investing cash flow	CNY -124.7M
Net borrowing	CNY -543.9M
Net cash flow	CNY -67.9M
Net income	CNY -47.1M
Operating income	CNY -145.7M
Revenue	CNY 903.1M

Financial strength

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

Metric	Value
Book value per share	CNY 1.15
Debt / EBITDA	6.31
Debt / equity	0.16
Debt / FCF	1.01
Interest coverage	-16.22
Long-term assets	CNY 684.2M
Long-term liabilities	CNY 388.6M
Net cash (debt)	CNY 1.6B
Net cash / market cap	25.41%
Net cash growth	-21.57%
Net debt / EBITDA	-39.91
Net debt / equity	-0.79
Net debt / FCF	-4.93
Piotroski F-Score	3
Property, plant and equipment	CNY 492.2M
Shareholders' equity	CNY 2B
Tangible book value	CNY 961.6M
Tangible book value per share	CNY 1.11
Total assets	CNY 5.6B
Total cash	CNY 1.9B
Total debt	CNY 327M
Total liabilities	CNY 3.6B
WACC	7.94%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.15
Current assets	CNY 4.9B
Current liabilities	CNY 3.2B
Current ratio	1.54
Inventory turnover	0.81
Net working capital	CNY -188.6M
Quick ratio	1.09
Working capital	CNY 1.7B
Working capital turnover	0.61

Dividends and buybacks

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

Metric	Value
Buyback yield / dilution	5.45%
Dividend per share	CNY 0.00
Last dividend	CNY 0.02
Shareholder yield	5.45%

Performance and technicals

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

Metric	Value
10Y price change	-73.14%
10Y return CAGR	-12.1%
10Y total return	-72.45%
150-day SMA	CNY 4.75
1D price change	-1.32%
1M price change	-12.06%
1M total return	-12.06%
1W price change	-6.19%
1W total return	-6.19%
1Y price change	3.27%
1Y return CAGR	3.27%
1Y total return	3.27%
20-day SMA	CNY 4.16
200-day SMA	CNY 4.64
3M price change	-23.59%
3M total return	-23.59%
3Y price change	2.16%
3Y return CAGR	0.71%
3Y total return	2.16%
50-day SMA	CNY 4.72
50-day SMA vs 200-day SMA	50over200
52-week high	CNY 6.66
52-week high date	2026-06-04
52-week low	CNY 3.37
52-week low date	2025-12-05
5Y price change	44.11%
5Y return CAGR	7.58%
5Y total return	44.11%
6M price change	-4.05%
6M total return	-4.05%
All-time high	CNY 19.71
All-time high date	2016-08-30
All-time low	CNY 1.92
All-time low date	2024-07-18
Average true range (ATR)	CNY 0.17
Average volume	25.8M
Beta (1Y)	0.69
Beta (2Y)	0.7
Beta (5Y)	0.73
Change from 52-week high	-43.84%
Change from 52-week low	10.98%
Change from all-time high	-80.77%
Change from all-time low	97.4%
Change from open	-1.06%
Day's gap	-0.26%
Dollar volume	CNY 109.7M
High price	CNY 3.83
Low price	CNY 3.68
Monthly RSI	47.96
Open price	CNY 3.78
Position in 52-week range	40%
Previous close	CNY 3.79
Price vs 150-day SMA	-20.16%
Price vs 20-day SMA	-8.89%
Price vs 200-day SMA	-18.25%
Price vs 50-day SMA	-19.64%
Relative volume	1.14
RSI	27.5
Sharpe ratio	0.32
Sharpe ratio (3Y)	0.13
Sharpe ratio (5Y)	0.31
Sortino ratio	0.62
Sortino ratio (3Y)	0.31
Sortino ratio (5Y)	0.6
Volume	29.3M
Weekly RSI	39.29
YTD price change	-10.19%
YTD total return	-10.19%

Ownership and float

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

Metric	Value
Float	927.9M
Shares change (QoQ)	-12.99%
Shares change (YoY)	-5.45%
Shares held by institutions	0.72%
Shares outstanding	1.7B

Deeper analysis on SHA/600936

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.

→

Frequently asked questions

About this SHA/600936 report

Is a complete SHA/600936 research report available?

No complete published report is available for sha/600936 (SHA/600936) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

SHA/600936 (SHA/600936)

Price

Financial snapshot

Fair-value bridge

Latest news · SHA/600936

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All SHA/600936 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/600936

Frequently asked questions