SHE/002078 (SHE/002078)

Shenzhen Stock Exchange: SHE/002078 · CNY

CN¥12.7

-0.23 (-1.8%)· Recorded snapshot

Market cap	35.4B
Revenue (ttm)	40.9B
Net income (ttm)	3.4B
EPS (ttm)	CN¥1.22
Shares out	2.8B
P/E (trailing)	10.4x
P/E (forward)	9.2x
Dividend	CN¥0.30 (2.37%)
Volume	19,523,100
Beta	0.17

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 40.9B
Net income (ttm): 3.4B
EPS (ttm): CN¥1.22
P/E (trailing): 10.4x
P/E (forward): 9.2x
Market cap: 35.4B

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/E9.2

P25 n/aP50 n/aP75 n/a

Trailing P/E10.4

P25 n/aP50 n/aP75 n/a

ROE11

P25 n/aP50 n/aP75 n/a

ROIC7.2

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All SHE/002078 indicators

Market & fundamental data

Available fields

248

Groups with data

Currency

CNY

Showing 248 of 248 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	2026-10-29
Employees	18,196
Employees change	1,577
Employees growth	9.49%
Enterprise value	CNY 54.3B
Exchange	Shenzhen Stock Exchange
Financial currency	CNY
Financial report date	2026-09-30
First seen	2026-05-10
Fiscal year end	December
Founded	1982
Industry	Paper & Paper Products
Is primary listing	Yes
ISIN number	CNE000001P52
Last earnings date	2026-08-26
Last refreshed	2026-10-28
Last stock split date	2014-05-22
Last stock split type	Forward
Market cap	CNY 35.4B
Next earnings date	2026-10-29
Price	CNY 12.65
Price currency	CNY
Sector	Materials
SIC code	2600
Stock price date	2026-10-28
Symbol	she/002078
Website	https://www.sunpapergroup.com

Valuation

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

Metric	Value
Average P/E ratio (10Y)	12.29x
Average P/E ratio (3Y)	12.24x
Average P/E ratio (5Y)	12.12x
Earnings yield	9.64%
EV/Earnings	15.87x
EV/EBIT	12.67x
EV/EBITDA	7.8x
EV/Sales	1.33x
FCF / EV yield	-1.41%
FCF yield	-2.16%
Forward P/E	9.2x
Graham number	17.59682
Graham upside	39.11%
Lynch fair value	CNY 6.10
Lynch upside	-51.79%
P/B ratio	1.12x
P/E ratio	10.37x
P/OCF ratio	5.5x
P/S ratio	0.86x
Price / tangible book value	1.21x
Price/EBITDA ratio	5.08x
Sector forward P/E	10.92x
Sector P/E	21.08x

Profitability

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

Metric	Value
EBIT margin	10.46%
EBITDA margin	17%
Effective tax rate	14.48%
Gross margin	15.13%
Operating margin	10.46%
Pretax margin	9.77%
Profit margin	8.36%
Profit per employee	CNY 188,033
Profitable quarters	58
Profitable years	23
Revenue per employee	CNY 2.2M
ROA	4.57%
ROA (5Y)	5.35%
ROCE	10.28%
ROE	11.02%
ROE (5Y)	13.01%
ROIC	7.25%
ROIC (5Y)	9.66%
Tax / revenue	1.42%

Growth

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

Metric	Value
EPS growth	8.93%
EPS growth (Q)	16.39%
EPS growth (QoQ)	15.89%
EPS growth 10Y	14.65%
EPS growth 3Y	11.83%
EPS growth 5Y	-0.35%
EPS growth quarters	1
EPS growth years	3
Gross profit growth	2.29%
Gross profit growth (Q)	10.82%
Gross profit growth 3Y	3.48%
Gross profit growth 5Y	1.54%
Net income growth	9.55%
Net income growth (Q)	16.84%
Net income growth (QoQ)	15.24%
Net income growth 3Y	12.54%
Net income growth 5Y	1.04%
Net income growth quarters	5
Net income growth years	3
OCF growth	-12.75%
OCF growth (Q)	43.9%
OCF growth (QoQ)	210.79%
OCF growth 10Y	19.86%
OCF growth 3Y	7.77%
OCF growth 5Y	-1.98%
Operating income growth	2.48%
Operating income growth (Q)	10.92%
Operating income growth 3Y	8.29%
Operating income growth 5Y	-0.82%
Revenue growth	4.13%
Revenue growth (Q)	16.97%
Revenue growth (QoQ)	6.9%
Revenue growth 10Y	12.88%
Revenue growth 3Y	1.41%
Revenue growth 5Y	8.7%
Revenue growth quarters	3
Revenue growth years	0

Financial statements

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

Metric	Value
Capital expenditures	CNY -7.2B
Depreciation and amortization	CNY 2.7B
EBIT	CNY 4.3B
EBITDA	CNY 7B
EPS	CNY 1.22
FCF per share	CNY -0.27
Financing cash flow	CNY 971.7M
Free cash flow	CNY -763.2M
Gross profit	CNY 6.2B
Income taxes	CNY 579.4M
Investing cash flow	CNY -7.2B
Net borrowing	CNY 2.6B
Net cash flow	CNY 242.3M
Net income	CNY 3.4B
Operating income	CNY 4.3B
Revenue	CNY 40.9B

Financial strength

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

Metric	Value
Altman Z-Score	2.24
Book value per share	CNY 11.28
Debt / EBITDA	3.06
Debt / equity	0.67
Goodwill	CNY 19.3M
Interest coverage	8.21
Long-term assets	CNY 46.6B
Long-term liabilities	CNY 10B
Net cash (debt)	CNY -18.8B
Net cash / market cap	-53.23%
Net debt / EBITDA	2.7
Net debt / equity	0.59
Piotroski F-Score	4
Property, plant and equipment	CNY 42.8B
Shareholders' equity	CNY 31.6B
Tangible book value	CNY 29.3B
Tangible book value per share	CNY 10.48
Total assets	CNY 60.7B
Total cash	CNY 2.5B
Total debt	CNY 21.3B
Total liabilities	CNY 29B
WACC	4.03%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.7
Current assets	CNY 14.1B
Current liabilities	CNY 19B
Current ratio	0.74
Inventory turnover	6.4
Net working capital	CNY 4.3B
Quick ratio	0.36
Working capital	CNY -4.9B
Working capital turnover	-9.19

Dividends and buybacks

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

Metric	Value
Buyback yield / dilution	-0.56%
Dividend growth	0%
Dividend growth (10Y)	19.62%
Dividend growth (3Y)	14.47%
Dividend growth (5Y)	24.57%
Dividend growth years	2
Dividend payment date	2026-07-06
Dividend payment years	20
Dividend payout frequency	Semi-Annual
Dividend per share	CNY 0.30
Dividend yield	2.37%
Ex-dividend date	2026-07-06
Last dividend	CNY 0.20
Payout ratio	46.99%
Shareholder yield	1.81%

Performance and technicals

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

Metric	Value
10Y price change	80.2%
10Y return CAGR	7.67%
10Y total return	109.41%
150-day SMA	CNY 13.93
15Y price change	206.3%
15Y return CAGR	9.38%
15Y total return	283.77%
1D price change	-1.79%
1M price change	-6.57%
1M total return	-6.57%
1W price change	-6.57%
1W total return	-6.57%
1Y price change	-12.52%
1Y return CAGR	-10.5%
1Y total return	-10.5%
20-day SMA	CNY 13.40
200-day SMA	CNY 14.52
3M price change	-11.6%
3M total return	-11.6%
3Y price change	7.75%
3Y return CAGR	4.8%
3Y total return	15.09%
50-day SMA	CNY 13.91
50-day SMA vs 200-day SMA	50under200
52-week high	CNY 17.68
52-week high date	2026-02-26
52-week low	CNY 11.81
52-week low date	2026-06-25
5Y price change	14.38%
5Y return CAGR	4.82%
5Y total return	26.53%
6M price change	-12.21%
6M total return	-10.8%
All-time high	CNY 21.75
All-time high date	2021-02-23
All-time low	CNY 1.43
All-time low date	2008-11-05
Average true range (ATR)	CNY 0.37
Average volume	17.9M
Beta (1Y)	0.28
Beta (2Y)	0.25
Beta (5Y)	0.17
Change from 52-week high	-28.45%
Change from 52-week low	7.11%
Change from all-time high	-41.84%
Change from all-time low	787.72%
Change from open	-0.55%
Day's gap	-1.24%
Dollar volume	CNY 247M
High price	CNY 13.11
Low price	CNY 12.58
Monthly RSI	43.79
Open price	CNY 12.72
Position in 52-week range	13.21%
Previous close	CNY 12.88
Price vs 150-day SMA	-9.21%
Price vs 20-day SMA	-5.59%
Price vs 200-day SMA	-12.9%
Price vs 50-day SMA	-9.06%
Relative volume	1.09
RSI	31.41
Sharpe ratio	-0.34
Sharpe ratio (3Y)	0.15
Sharpe ratio (5Y)	0.08
Sortino ratio	-0.3
Sortino ratio (3Y)	0.45
Sortino ratio (5Y)	0.34
Volume	19.5M
Weekly RSI	39.12
YTD price change	-19.68%
YTD total return	-18.39%

Ownership and float

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

Metric	Value
Float	1.5B
Shares change (QoQ)	-0.56%
Shares change (YoY)	0.56%
Shares held by insiders	0.82%
Shares held by institutions	18.61%
Shares outstanding	2.8B

Deeper analysis on SHE/002078

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

Forecast

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

→

Valuation

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

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Frequently asked questions

About this SHE/002078 report

Is a complete SHE/002078 research report available?

No complete published report is available for she/002078 (SHE/002078) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

SHE/002078 (SHE/002078)

Price

Financial snapshot

Fair-value bridge

Latest news · SHE/002078

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All SHE/002078 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/002078

Frequently asked questions