SHE/000538 (SHE/000538)

Shenzhen Stock Exchange: SHE/000538 · CNY

CN¥53.0

-0.42 (-0.8%)· Recorded snapshot

Market cap	94.6B
Revenue (ttm)	41.8B
Net income (ttm)	5.2B
EPS (ttm)	CN¥2.92
Shares out	1.8B
P/E (trailing)	18.1x
P/E (forward)	16.7x
Dividend	CN¥2.62 (4.94%)
Volume	8,061,901
Beta	0.12

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 41.8B
Net income (ttm): 5.2B
EPS (ttm): CN¥2.92
P/E (trailing): 18.1x
P/E (forward): 16.7x
Market cap: 94.6B

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/E16.7

P25 n/aP50 n/aP75 n/a

Trailing P/E18.1

P25 n/aP50 n/aP75 n/a

ROE12.9

P25 n/aP50 n/aP75 n/a

ROIC15.1

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All SHE/000538 indicators

Market & fundamental data

Available fields

261

Groups with data

Currency

CNY

Showing 261 of 261 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	9,286
Employees change	9
Employees growth	0.1%
Enterprise value	CNY 80.4B
Exchange	Shenzhen Stock Exchange
Financial currency	CNY
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Founded	1902
Industry	Drug Manufacturers - Specialty & Generic
Is primary listing	Yes
ISIN number	CNE0000008X7
Last earnings date	2026-08-29
Last refreshed	2026-10-28
Last stock split date	2022-05-05
Last stock split type	Forward
Market cap	CNY 94.6B
Next earnings date	2026-10-30
Price	CNY 53.01
Price currency	CNY
Sector	Healthcare
SIC code	2834
Stock price date	2026-10-28
Symbol	she/000538
Website	https://www.yunnanbaiyao.com.cn

Valuation

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

Metric	Value
Adjusted P/E ratio	19.2x
Average P/E ratio (10Y)	26.69x
Average P/E ratio (3Y)	20.34x
Average P/E ratio (5Y)	26.04x
Earnings yield	5.51%
EV/Earnings	15.39x
EV/EBIT	16.61x
EV/EBITDA	15.45x
EV/FCF	18.92x
EV/Sales	1.92x
FCF / EV yield	5.28%
FCF yield	4.49%
Forward P/E	16.71x
Graham number	38.85812
Graham upside	-26.7%
Industry forward P/E	18.72x
Industry P/E	33.27x
Lynch fair value	CNY 14.61
Lynch upside	-72.44%
P/B ratio	2.3x
P/E ratio	18.14x
P/FCF ratio	22.27x
P/OCF ratio	19.94x
P/S ratio	2.26x
PEG ratio	2.57x
Price / tangible book value	2.37x
Price/EBITDA ratio	18.58x
Sector forward P/E	20.65x
Sector P/E	37.05x

Profitability

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

Metric	Value
EBIT margin	11.57%
EBITDA margin	12.17%
Effective tax rate	13.97%
FCF margin	10.16%
Gross margin	28.55%
Operating margin	11.57%
Pretax margin	14.57%
Profit margin	12.49%
Profit per employee	CNY 562,325
Profitable quarters	10
Profitable years	35
Revenue per employee	CNY 4.5M
ROA	5.52%
ROA (5Y)	4.85%
ROCE	11.48%
ROE	12.86%
ROE (5Y)	10.08%
ROIC	15.08%
ROIC (5Y)	16.2%
Tax / revenue	2.04%

Growth

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

Metric	Value
EPS growth	0.45%
EPS growth (Q)	-3.04%
EPS growth (QoQ)	-18.41%
EPS growth 10Y	3.94%
EPS growth 3Y	6.59%
EPS growth 5Y	1.56%
EPS growth years	4
FCF growth	-2.72%
FCF growth (Q)	0.71%
FCF growth (QoQ)	361.11%
FCF growth 3Y	4.09%
FCF growth 5Y	0.26%
Gross profit growth	2.49%
Gross profit growth (Q)	-3.13%
Gross profit growth 3Y	6.15%
Gross profit growth 5Y	3.6%
Net income growth	0.54%
Net income growth (Q)	-2.03%
Net income growth (QoQ)	-18.33%
Net income growth 3Y	6.45%
Net income growth 5Y	1.43%
Net income growth years	4
OCF growth	-5.04%
OCF growth (Q)	0.91%
OCF growth (QoQ)	295.29%
OCF growth 10Y	7.37%
OCF growth 3Y	3.47%
OCF growth 5Y	-0.04%
Operating income growth	1.11%
Operating income growth (Q)	9.38%
Operating income growth 3Y	5.97%
Operating income growth 5Y	3.83%
Revenue growth	2.4%
Revenue growth (Q)	-1.29%
Revenue growth (QoQ)	-11.39%
Revenue growth 10Y	6.8%
Revenue growth 3Y	2.54%
Revenue growth 5Y	2.85%
Revenue growth years	34

Financial statements

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

Metric	Value
Capital expenditures	CNY -497.7M
Depreciation and amortization	CNY 250.4M
EBIT	CNY 4.8B
EBITDA	CNY 5.1B
EPS	CNY 2.92
FCF per share	CNY 2.38
Financing cash flow	CNY -4.8B
Free cash flow	CNY 4.2B
Gross profit	CNY 11.9B
Income taxes	CNY 851.4M
Investing cash flow	CNY -1.6B
Net borrowing	CNY -132.1M
Net cash flow	CNY -1.7B
Net income	CNY 5.2B
Operating income	CNY 4.8B
Revenue	CNY 41.8B

Financial strength

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

Metric	Value
Altman Z-Score	6.27
Book value per share	CNY 22.96
Debt / EBITDA	0.06
Debt / equity	0.01
Debt / FCF	0.08
Goodwill	CNY 300.8M
Interest coverage	206.24
Long-term assets	CNY 20.9B
Long-term liabilities	CNY 1.1B
Net cash (debt)	CNY 14.3B
Net cash / market cap	15.12%
Net cash growth	-4.65%
Net debt / EBITDA	-2.81
Net debt / equity	-0.35
Net debt / FCF	-3.37
Piotroski F-Score	5
Property, plant and equipment	CNY 4.4B
Shareholders' equity	CNY 41B
Tangible book value	CNY 40B
Tangible book value per share	CNY 22.41
Total assets	CNY 55.1B
Total cash	CNY 14.6B
Total debt	CNY 325.2M
Total liabilities	CNY 14.1B
WACC	4.94%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.76
Current assets	CNY 34.3B
Current liabilities	CNY 13B
Current ratio	2.64
Inventory turnover	4.99
Net working capital	CNY 6.8B
Quick ratio	2.07
Working capital	CNY 21.3B
Working capital turnover	1.92

Dividends and buybacks

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

Metric	Value
Buyback yield / dilution	-0.09%
Dividend growth	18.92%
Dividend growth (10Y)	19.85%
Dividend growth (3Y)	19.92%
Dividend growth (5Y)	-1.21%
Dividend growth years	0
Dividend payment date	2026-09-24
Dividend payment years	27
Dividend payout frequency	Semi-Annual
Dividend per share	CNY 2.62
Dividend yield	4.94%
Ex-dividend date	2026-09-24
FCF payout ratio	110.12%
Last dividend	CNY 1.04
Payout ratio	89.23%
Shareholder yield	4.85%

Performance and technicals

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

Metric	Value
150-day SMA	CNY 51.53
15Y price change	96.71%
15Y return CAGR	7.01%
15Y total return	176.32%
1D price change	-0.79%
1M price change	6.3%
1M total return	6.3%
1W price change	0.4%
1W total return	0.4%
1Y price change	-6.13%
1Y return CAGR	-1.33%
1Y total return	-1.33%
20-day SMA	CNY 52.14
200-day SMA	CNY 52.79
20Y price change	665.71%
20Y return CAGR	12.72%
20Y total return	996.63%
3M price change	3.7%
3M total return	5.84%
3Y price change	4.97%
3Y return CAGR	6.73%
3Y total return	21.58%
50-day SMA	CNY 51.11
50-day SMA vs 200-day SMA	50under200
52-week high	CNY 58.20
52-week high date	2026-02-06
52-week low	CNY 46.29
52-week low date	2026-06-29
5Y price change	-19.23%
5Y return CAGR	-0.37%
5Y total return	-1.83%
6M price change	-2.36%
6M total return	2.63%
All-time high	CNY 116.63
All-time high date	2021-02-18
All-time low	CNY 0.39
All-time low date	1996-07-09
Average true range (ATR)	CNY 0.89
Average volume	9.8M
Beta (1Y)	-0.12
Beta (2Y)	-0.05
Beta (5Y)	0.12
Change from 52-week high	-8.92%
Change from 52-week low	14.52%
Change from all-time high	-54.55%
Change from all-time low	13,492.31%
Change from open	0.45%
Day's gap	-1.24%
Dollar volume	CNY 427.4M
High price	CNY 53.59
Low price	CNY 52.77
Monthly RSI	47.96
Open price	CNY 52.77
Position in 52-week range	29.27%
Previous close	CNY 53.43
Price vs 150-day SMA	2.87%
Price vs 20-day SMA	1.67%
Price vs 200-day SMA	0.42%
Price vs 50-day SMA	3.72%
Relative volume	0.82
RSI	57.61
Sharpe ratio	-0.39
Sharpe ratio (3Y)	0.14
Sharpe ratio (5Y)	-0.15
Sortino ratio	-0.16
Sortino ratio (3Y)	0.55
Sortino ratio (5Y)	0.06
Volume	8.1M
Weekly RSI	54.06
YTD price change	-6.61%
YTD total return	-1.84%

Ownership and float

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

Metric	Value
Float	722.3M
Shares change (QoQ)	0.1%
Shares change (YoY)	0.09%
Shares held by insiders	0.71%
Shares held by institutions	11.66%
Shares outstanding	1.8B

Deeper analysis on SHE/000538

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.

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Risks

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

→

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/000538 report

Is a complete SHE/000538 research report available?

No complete published report is available for she/000538 (SHE/000538) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

SHE/000538 (SHE/000538)

Price

Financial snapshot

Fair-value bridge

Latest news · SHE/000538

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All SHE/000538 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/000538

Frequently asked questions