SHA/600956 (SHA/600956)

Shanghai Stock Exchange: SHA/600956 · CNY

CN¥6.75

-0.04 (-0.6%)· Recorded snapshot

Market cap	21.8B
Revenue (ttm)	18.1B
Net income (ttm)	1.7B
EPS (ttm)	CN¥0.37
P/E (trailing)	18.1x
P/E (forward)	11.6x
Dividend	CN¥0.20 (2.96%)
Volume	5,050,600
Beta	0.80

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 18.1B
Net income (ttm): 1.7B
EPS (ttm): CN¥0.37
P/E (trailing): 18.1x
P/E (forward): 11.6x
Market cap: 21.8B

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/E11.6

P25 n/aP50 n/aP75 n/a

Trailing P/E18.1

P25 n/aP50 n/aP75 n/a

ROE5.8

P25 n/aP50 n/aP75 n/a

ROIC2.5

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All SHA/600956 indicators

Market & fundamental data

Available fields

224

Groups with data

Currency

CNY

Showing 224 of 224 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	3,073
Employees change	192
Employees growth	6.7%
Enterprise value	CNY 71.2B
Exchange	Shanghai Stock Exchange
Financial currency	CNY
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Founded	2010
Industry	Utilities - Regulated Gas
Is primary listing	No
ISIN number	CNE100003ZJ7
Last earnings date	2026-08-25
Last refreshed	2026-10-28
Market cap	CNY 21.8B
Next earnings date	2026-10-30
Price	CNY 6.75
Price currency	CNY
Sector	Utilities
SIC code	4923
Stock price date	2026-10-28
Symbol	sha/600956
Website	https://www.suntien.com

Valuation

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

Metric	Value
Average P/E ratio (10Y)	11.43x
Average P/E ratio (3Y)	13.35x
Average P/E ratio (5Y)	14.49x
Earnings yield	5.52%
EV/Earnings	42.83x
EV/EBIT	22.92x
EV/EBITDA	11.24x
EV/Sales	4x
FCF / EV yield	-3.79%
FCF yield	-12.4%
Forward P/E	11.61x
Graham number	10.71888
Graham upside	58.8%
Industry P/E	18.29x
Lynch fair value	CNY 2.58
Lynch upside	-61.84%
P/B ratio	0.68x
P/E ratio	18.1x
P/OCF ratio	3x
P/S ratio	1.2x
Price / tangible book value	1.01x
Price/EBITDA ratio	3.43x
Sector forward P/E	16.75x
Sector P/E	21.41x

Profitability

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

Metric	Value
EBIT margin	17.46%
EBITDA margin	35.06%
Effective tax rate	21.4%
Gross margin	20.55%
Operating margin	17.46%
Pretax margin	12.51%
Profit margin	9.34%
Profit per employee	CNY 541,235
Profitable quarters	19
Profitable years	17
Revenue per employee	CNY 5.9M
ROA	2.16%
ROA (5Y)	3.25%
ROCE	4.59%
ROE	5.77%
ROE (5Y)	10%
ROIC	2.5%
Tax / revenue	2.68%

Growth

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

Metric	Value
EPS growth	-3.63%
EPS growth (Q)	11.88%
EPS growth (QoQ)	-24.88%
EPS growth 10Y	19.11%
EPS growth 3Y	-7.76%
EPS growth 5Y	-7.81%
EPS growth quarters	1
EPS growth years	1
Net income growth	2.45%
Net income growth (Q)	23.57%
Net income growth (QoQ)	-23.13%
Net income growth 3Y	-6.39%
Net income growth 5Y	-5.71%
Net income growth quarters	1
Net income growth years	1
OCF growth	54.35%
OCF growth (Q)	98.65%
OCF growth (QoQ)	19.31%
OCF growth 10Y	19.72%
OCF growth 3Y	0.29%
OCF growth 5Y	8.03%
Revenue growth	-9.91%
Revenue growth (Q)	-9.91%
Revenue growth (QoQ)	-35.98%
Revenue growth 10Y	16.51%
Revenue growth 3Y	-0.44%
Revenue growth 5Y	4.61%
Revenue growth years	0

Financial statements

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

Metric	Value
Capital expenditures	CNY -10B
EBIT	CNY 3.2B
EBITDA	CNY 6.4B
EPS	CNY 0.37
Financing cash flow	CNY 2B
Free cash flow	CNY -2.7B
Gross profit	CNY 3.7B
Income taxes	CNY 485.7M
Investing cash flow	CNY -9.2B
Net borrowing	CNY 2.7B
Net cash flow	CNY 43.9M
Net income	CNY 1.7B
Operating income	CNY 3.2B
Revenue	CNY 18.1B

Financial strength

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

Metric	Value
Book value per share	CNY 5.74
Debt / EBITDA	7.6
Debt / equity	1.53
Goodwill	CNY 271.4M
Interest coverage	3.11
Long-term assets	CNY 80.6B
Long-term liabilities	CNY 37B
Net cash (debt)	CNY -44.3B
Net cash / market cap	-203.19%
Net debt / EBITDA	6.96
Net debt / equity	1.38
Piotroski F-Score	4
Property, plant and equipment	CNY 68.5B
Shareholders' equity	CNY 32B
Tangible book value	CNY 21.6B
Tangible book value per share	CNY 4.78
Total assets	CNY 95.2B
Total cash	CNY 4.8B
Total debt	CNY 49.1B
Total liabilities	CNY 63.2B
WACC	3.79%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.2
Current assets	CNY 14.6B
Current liabilities	CNY 26.1B
Current ratio	0.56
Inventory turnover	9.58
Net working capital	CNY -4B
Quick ratio	0.46
Working capital	CNY -11.6B
Working capital turnover	-2.1

Dividends and buybacks

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

Metric	Value
Buyback yield / dilution	-4.29%
Dividend growth	-4.76%
Dividend growth (3Y)	1.19%
Dividend growth (5Y)	-5.18%
Dividend growth years	0
Dividend payment date	2026-08-20
Dividend payment years	7
Dividend payout frequency	Annual
Dividend per share	CNY 0.20
Dividend yield	2.96%
Ex-dividend date	2026-08-20
Last dividend	CNY 0.20
Payout ratio	123.97%
Shareholder yield	-1.33%

Performance and technicals

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

Metric	Value
150-day SMA	CNY 7.81
1D price change	-0.59%
1M price change	-4.26%
1M total return	-4.26%
1W price change	-1.75%
1W total return	-1.75%
1Y price change	-13.9%
1Y return CAGR	-11.43%
1Y total return	-11.42%
20-day SMA	CNY 6.98
200-day SMA	CNY 7.82
3M price change	-7.79%
3M total return	-5.13%
3Y price change	-18.38%
3Y return CAGR	-3.92%
3Y total return	-11.3%
50-day SMA	CNY 7.11
50-day SMA vs 200-day SMA	50under200
52-week high	CNY 11.24
52-week high date	2026-03-18
52-week low	CNY 6.57
52-week low date	2026-10-23
5Y price change	-64.81%
5Y return CAGR	-16.94%
5Y total return	-60.45%
6M price change	-21.51%
6M total return	-19.25%
All-time high	CNY 22.39
All-time high date	2021-10-08
All-time low	CNY 3.82
All-time low date	2020-06-29
Average true range (ATR)	CNY 0.16
Average volume	6.6M
Beta (5Y)	0.8
Change from 52-week high	-39.95%
Change from 52-week low	2.74%
Change from all-time high	-69.85%
Change from all-time low	76.7%
Change from open	-0.59%
Day's gap	0%
Dollar volume	CNY 34.1M
High price	CNY 6.84
Low price	CNY 6.72
Monthly RSI	42.14
Open price	CNY 6.79
Position in 52-week range	25%
Previous close	CNY 6.79
Price vs 150-day SMA	-13.62%
Price vs 20-day SMA	-3.3%
Price vs 200-day SMA	-13.63%
Price vs 50-day SMA	-5.09%
Relative volume	0.76
RSI	36.72
Sharpe ratio	-0.3
Sharpe ratio (3Y)	-0.12
Sharpe ratio (5Y)	-0.27
Sortino ratio	-0.3
Sortino ratio (3Y)	0.02
Sortino ratio (5Y)	-0.24
Volume	5.1M
Weekly RSI	38.23
YTD price change	-6.9%
YTD total return	-4.21%

Ownership and float

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

Metric	Value
Float	1.9B
Shares change (QoQ)	0.96%
Shares change (YoY)	4.29%
Shares held by insiders	0.28%
Shares held by institutions	19.3%

Deeper analysis on SHA/600956

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/600956 report

Is a complete SHA/600956 research report available?

No complete published report is available for sha/600956 (SHA/600956) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

SHA/600956 (SHA/600956)

Price

Financial snapshot

Fair-value bridge

Latest news · SHA/600956

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All SHA/600956 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/600956

Frequently asked questions