SHE/001965 (SHE/001965)

Shenzhen Stock Exchange: SHE/001965 · CNY

CN¥10.4

-0.04 (-0.4%)· Recorded snapshot

Market cap	70.3B
Revenue (ttm)	15.6B
Net income (ttm)	4.6B
EPS (ttm)	CN¥0.66
Shares out	6.8B
P/E (trailing)	15.7x
P/E (forward)	14.2x
Dividend	CN¥0.37 (3.60%)
Volume	14,186,376
Beta	-0.09

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 15.6B
Net income (ttm): 4.6B
EPS (ttm): CN¥0.66
P/E (trailing): 15.7x
P/E (forward): 14.2x
Market cap: 70.3B

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/E14.2

P25 n/aP50 n/aP75 n/a

Trailing P/E15.7

P25 n/aP50 n/aP75 n/a

ROE5.6

P25 n/aP50 n/aP75 n/a

ROIC1.7

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All SHE/001965 indicators

Market & fundamental data

Available fields

246

Groups with data

Currency

CNY

Showing 246 of 246 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	2026-10-27
Employees	7,836
Employees change	1,391
Employees growth	21.58%
Enterprise value	CNY 129.8B
Exchange	Shenzhen Stock Exchange
Financial currency	CNY
Financial report date	2026-09-30
First seen	2026-05-10
Fiscal year end	December
Founded	1993
Industry	Infrastructure Operations
Is primary listing	Yes
ISIN number	CNE1000032B1
Last earnings date	2026-10-27
Last refreshed	2026-10-28
Market cap	CNY 70.3B
Next earnings date	2026-11-03
Price	CNY 10.35
Price currency	CNY
Sector	Industrials
SIC code	4700
Stock price date	2026-10-28
Symbol	she/001965
Website	https://www.cmexpressway.com

Valuation

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

Metric	Value
Average P/E ratio (10Y)	13.57x
Average P/E ratio (3Y)	13.88x
Average P/E ratio (5Y)	12.42x
Earnings yield	6.37%
EV/Earnings	28.14x
EV/EBIT	51.65x
EV/EBITDA	20.48x
EV/FCF	31.37x
EV/Sales	8.32x
FCF / EV yield	3.19%
FCF yield	5.88%
Forward P/E	14.19x
Graham number	12.3616
Graham upside	19.44%
Industry forward P/E	15.25x
Industry P/E	16.09x
Lynch fair value	CNY 3.30
Lynch upside	-68.15%
P/B ratio	0.74x
P/E ratio	15.7x
P/FCF ratio	17x
P/OCF ratio	10.66x
P/S ratio	4.51x
Price/EBITDA ratio	11.19x
Sector forward P/E	13.79x
Sector P/E	27.95x

Profitability

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

Metric	Value
EBIT margin	16.1%
EBITDA margin	40.27%
Effective tax rate	8.64%
FCF margin	26.51%
Gross margin	23.66%
Operating margin	16.1%
Pretax margin	36.16%
Profit margin	29.55%
Profit per employee	CNY 588,472
Profitable quarters	26
Profitable years	12
Revenue per employee	CNY 2M
ROA	0.96%
ROA (5Y)	1.3%
ROCE	1.7%
ROE	5.59%
ROE (5Y)	7.85%
ROIC	1.68%
ROIC (5Y)	2.26%
Tax / revenue	3.12%

Growth

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

Metric	Value
EPS growth	-10.82%
EPS growth (Q)	-0.76%
EPS growth (QoQ)	11.35%
EPS growth 3Y	-6.53%
EPS growth 5Y	-1.85%
EPS growth years	0
FCF growth	-22.8%
FCF growth (Q)	-10.48%
FCF growth (QoQ)	34.81%
FCF growth 3Y	3.35%
FCF growth 5Y	-0.06%
Gross profit growth	-4.29%
Gross profit growth (Q)	-13.19%
Gross profit growth 3Y	2.85%
Gross profit growth 5Y	-0.48%
Net income growth	-10.88%
Net income growth (Q)	-6.65%
Net income growth (QoQ)	12.11%
Net income growth 3Y	-6.15%
Net income growth 5Y	-1.6%
Net income growth years	0
OCF growth	-0.66%
OCF growth (Q)	14.08%
OCF growth (QoQ)	30.56%
OCF growth 10Y	15.46%
OCF growth 3Y	13.44%
OCF growth 5Y	3.01%
Operating income growth	-0.63%
Operating income growth (Q)	-9.66%
Operating income growth 3Y	0.38%
Operating income growth 5Y	-3.94%
Revenue growth	26.48%
Revenue growth (Q)	23.76%
Revenue growth (QoQ)	3.7%
Revenue growth 10Y	18.91%
Revenue growth 3Y	18.59%
Revenue growth 5Y	12.47%
Revenue growth quarters	4
Revenue growth years	3

Financial statements

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

Metric	Value
Capital expenditures	CNY -2.5B
Depreciation and amortization	CNY 3.8B
EBIT	CNY 2.5B
EBITDA	CNY 6.3B
EPS	CNY 0.66
FCF per share	CNY 0.61
Financing cash flow	CNY -7.6B
Free cash flow	CNY 4.1B
Gross profit	CNY 3.7B
Income taxes	CNY 487.5M
Investing cash flow	CNY 840M
Net borrowing	CNY -10.2B
Net cash flow	CNY -153.3M
Net income	CNY 4.6B
Operating income	CNY 2.5B
Revenue	CNY 15.6B

Financial strength

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

Metric	Value
Altman Z-Score	0.95
Book value per share	CNY 10.30
Debt / EBITDA	8.22
Debt / equity	0.55
Debt / FCF	12.59
Interest coverage	1.8
Long-term assets	CNY 148.6B
Long-term liabilities	CNY 52.7B
Net cash (debt)	CNY -42B
Net cash / market cap	-59.71%
Net debt / EBITDA	6.68
Net debt / equity	0.44
Net debt / FCF	10.15
Piotroski F-Score	6
Property, plant and equipment	CNY 2.8B
Shareholders' equity	CNY 94.8B
Tangible book value	CNY -7.3B
Tangible book value per share	CNY -2.16
Total assets	CNY 165.2B
Total cash	CNY 10.1B
Total debt	CNY 52.1B
Total liabilities	CNY 70.5B
WACC	3.2%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.1
Current assets	CNY 16.6B
Current liabilities	CNY 17.8B
Current ratio	0.93
Inventory turnover	26.74
Net working capital	CNY -3.8B
Quick ratio	0.87
Working capital	CNY -1.2B
Working capital turnover	9.76

Dividends and buybacks

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

Metric	Value
Buyback yield / dilution	0.06%
Dividend growth	-10.55%
Dividend growth (3Y)	-3.42%
Dividend growth (5Y)	16.08%
Dividend growth years	0
Dividend payment date	2026-07-31
Dividend payment years	9
Dividend payout frequency	Annual
Dividend per share	CNY 0.37
Dividend yield	3.6%
Ex-dividend date	2026-07-31
FCF payout ratio	58.96%
Last dividend	CNY 0.37
Payout ratio	87.77%
Shareholder yield	3.67%

Performance and technicals

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

Metric	Value
150-day SMA	CNY 9.76
1D price change	-0.38%
1M price change	4.76%
1M total return	4.76%
1W price change	0.39%
1W total return	0.39%
1Y price change	-0.48%
1Y return CAGR	3.12%
1Y total return	3.11%
20-day SMA	CNY 10.21
200-day SMA	CNY 9.76
3M price change	0.58%
3M total return	4.22%
3Y price change	8.26%
3Y return CAGR	6.69%
3Y total return	21.45%
50-day SMA	CNY 9.87
50-day SMA vs 200-day SMA	50over200
52-week high	CNY 10.71
52-week high date	2026-07-30
52-week low	CNY 8.66
52-week low date	2026-04-13
5Y price change	49.35%
5Y return CAGR	12.85%
5Y total return	82.97%
6M price change	10.11%
6M total return	14.08%
All-time high	CNY 15.38
All-time high date	2017-12-29
All-time low	CNY 6.42
All-time low date	2021-02-04
Average true range (ATR)	CNY 0.22
Average volume	14.1M
Beta (1Y)	-0.17
Beta (2Y)	-0.19
Beta (5Y)	-0.09
Change from 52-week high	-3.36%
Change from 52-week low	19.52%
Change from all-time high	-32.7%
Change from all-time low	61.21%
Change from open	0.78%
Day's gap	-1.15%
Dollar volume	CNY 146.8M
High price	CNY 10.50
Low price	CNY 10.27
Monthly RSI	49.73
Open price	CNY 10.27
Position in 52-week range	34.78%
Previous close	CNY 10.39
Price vs 150-day SMA	6.05%
Price vs 20-day SMA	1.38%
Price vs 200-day SMA	6.08%
Price vs 50-day SMA	4.91%
Relative volume	1.01
RSI	58.7
Sharpe ratio	0.13
Sharpe ratio (3Y)	0.17
Sharpe ratio (5Y)	0.46
Sortino ratio	0.42
Sortino ratio (3Y)	0.46
Sortino ratio (5Y)	0.88
Volume	14.2M
Weekly RSI	58.36
YTD price change	2.68%
YTD total return	6.39%

Ownership and float

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

Metric	Value
Float	1.9B
Shares change (QoQ)	0.69%
Shares change (YoY)	-0.06%
Shares held by institutions	15.34%
Shares outstanding	6.8B

Deeper analysis on SHE/001965

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.

→

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.

→

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 SHE/001965 report

Is a complete SHE/001965 research report available?

No complete published report is available for she/001965 (SHE/001965) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

SHE/001965 (SHE/001965)

Price

Financial snapshot

Fair-value bridge

Latest news · SHE/001965

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All SHE/001965 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 SHE/001965

Frequently asked questions