SHE/002304 (SHE/002304)

Shenzhen Stock Exchange: SHE/002304 · CNY

CN¥36.6

-0.79 (-2.1%)· Recorded snapshot

Market cap	55.1B
Revenue (ttm)	15B
Net income (ttm)	464.1M
EPS (ttm)	CN¥0.31
Shares out	1.5B
P/E (trailing)	118.7x
P/E (forward)	25.1x
Dividend	CN¥1.47 (4.02%)
Volume	7,365,275
Beta	0.23

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 15B
Net income (ttm): 464.1M
EPS (ttm): CN¥0.31
P/E (trailing): 118.7x
P/E (forward): 25.1x
Market cap: 55.1B

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/E25.1

P25 n/aP50 n/aP75 n/a

Trailing P/E118.7

P25 n/aP50 n/aP75 n/a

ROE0.9

P25 n/aP50 n/aP75 n/a

ROIC1.3

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All SHE/002304 indicators

Market & fundamental data

Available fields

242

Groups with data

Currency

CNY

Showing 242 of 242 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	22,392
Employees change	860
Employees growth	3.99%
Enterprise value	CNY 36.7B
Exchange	Shenzhen Stock Exchange
Financial currency	CNY
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Founded	2002
Industry	Beverages - Wineries & Distilleries
Is primary listing	Yes
ISIN number	CNE100000HB8
Last earnings date	2026-08-27
Last refreshed	2026-10-28
Last stock split date	2015-06-18
Last stock split type	Forward
Market cap	CNY 55.1B
Next earnings date	2026-10-30
Price	CNY 36.58
Price currency	CNY
Sector	Consumer Staples
SIC code	2082
Stock price date	2026-10-28
Symbol	she/002304
Website	https://www.chinayanghe.com

Valuation

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

Metric	Value
Average P/E ratio (10Y)	28.73x
Average P/E ratio (3Y)	37.2x
Average P/E ratio (5Y)	33.08x
Earnings yield	0.84%
EV/Earnings	79.02x
EV/EBIT	44.23x
EV/EBITDA	23.48x
EV/Sales	2.45x
FCF / EV yield	-4.32%
FCF yield	-2.88%
Forward P/E	25.08x
Graham number	14.73457
Graham upside	-59.72%
Industry forward P/E	18.79x
Industry P/E	21.26x
Lynch fair value	CNY 1.54
Lynch upside	-95.79%
P/B ratio	1.17x
P/E ratio	118.73x
P/S ratio	3.68x
PEG ratio	1.12x
Price / tangible book value	1.22x
Price/EBITDA ratio	36.01x
Sector forward P/E	19.17x
Sector P/E	30.85x

Profitability

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

Metric	Value
EBIT margin	5.54%
EBITDA margin	10.23%
Effective tax rate	57.77%
Gross margin	69.01%
Operating margin	5.54%
Pretax margin	7.14%
Profit margin	3.1%
Profit per employee	CNY 20,727
Profitable quarters	2
Profitable years	20
Revenue per employee	CNY 667,910
ROA	0.88%
ROA (5Y)	8.52%
ROCE	1.74%
ROE	0.94%
ROE (5Y)	15.37%
ROIC	1.25%
ROIC (5Y)	41.67%
Tax / revenue	4.12%

Growth

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

Metric	Value
EPS growth	-84.88%
EPS growth (Q)	-78.04%
EPS growth (QoQ)	-93.66%
EPS growth 10Y	-22.05%
EPS growth 3Y	-64.47%
EPS growth 5Y	-43.11%
EPS growth years	0
Gross profit growth	-30.82%
Gross profit growth (Q)	-43.59%
Gross profit growth 3Y	-25.63%
Gross profit growth 5Y	-9.44%
Net income growth	-84.88%
Net income growth (Q)	-78.04%
Net income growth (QoQ)	-93.66%
Net income growth 3Y	-64.47%
Net income growth 5Y	-43.04%
Net income growth years	0
Operating income growth	-79.95%
Operating income growth (Q)	-99.43%
Operating income growth 3Y	-60.08%
Operating income growth 5Y	-37.14%
Revenue growth	-28.08%
Revenue growth (Q)	-36.86%
Revenue growth (QoQ)	-71.23%
Revenue growth 10Y	-1.08%
Revenue growth 3Y	-23.24%
Revenue growth 5Y	-8.42%
Revenue growth years	0

Financial statements

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

Metric	Value
Capital expenditures	CNY -540.9M
Depreciation and amortization	CNY 700.9M
EBIT	CNY 829.2M
EBITDA	CNY 1.5B
EPS	CNY 0.31
FCF per share	CNY -1.05
Financing cash flow	CNY -4B
Free cash flow	CNY -1.6B
Gross profit	CNY 10.3B
Income taxes	CNY 616.8M
Investing cash flow	CNY -766.2M
Net borrowing	CNY 28.2M
Net cash flow	CNY -5.8B
Net income	CNY 464.1M
Operating income	CNY 829.2M
Revenue	CNY 15B

Financial strength

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

Metric	Value
Altman Z-Score	8.33
Book value per share	CNY 31.32
Debt / EBITDA	0.14
Debt / equity	0
Goodwill	CNY 150.9M
Interest coverage	252.99
Long-term assets	CNY 15.6B
Long-term liabilities	CNY 440.5M
Net cash (debt)	CNY 18.5B
Net cash / market cap	33.61%
Net cash growth	-18.45%
Net debt / EBITDA	-12.1
Net debt / equity	-0.39
Piotroski F-Score	3
Property, plant and equipment	CNY 7.5B
Shareholders' equity	CNY 47.3B
Tangible book value	CNY 45.3B
Tangible book value per share	CNY 30.07
Total assets	CNY 56B
Total cash	CNY 18.7B
Total debt	CNY 215.5M
Total liabilities	CNY 8.7B
WACC	5.5%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.26
Current assets	CNY 40.4B
Current liabilities	CNY 8.3B
Current ratio	4.88
Inventory turnover	0.24
Net working capital	CNY 13.4B
Quick ratio	2.3
Working capital	CNY 32.1B
Working capital turnover	0.46

Dividends and buybacks

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

Metric	Value
Buyback yield / dilution	-0%
Dividend growth	-68.37%
Dividend growth (10Y)	-2%
Dividend growth (3Y)	-26.75%
Dividend growth (5Y)	-13.3%
Dividend growth years	0
Dividend payment date	2026-06-30
Dividend payment years	17
Dividend payout frequency	Annual
Dividend per share	CNY 1.47
Dividend yield	4.02%
Ex-dividend date	2026-06-30
Last dividend	CNY 1.47
Payout ratio	866.9%
Shareholder yield	4.02%

Performance and technicals

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

Metric	Value
10Y price change	-47.28%
10Y return CAGR	-3.22%
10Y total return	-27.9%
150-day SMA	CNY 42.59
15Y price change	-57.78%
15Y return CAGR	-2.81%
15Y total return	-34.83%
1D price change	-2.11%
1M price change	-2.38%
1M total return	-2.38%
1W price change	-0.95%
1W total return	-0.95%
1Y price change	-47.57%
1Y return CAGR	-45.6%
1Y total return	-45.57%
20-day SMA	CNY 37.33
200-day SMA	CNY 46.19
3M price change	-7.86%
3M total return	-7.86%
3Y price change	-70%
3Y return CAGR	-29.46%
3Y total return	-64.9%
50-day SMA	CNY 38.41
50-day SMA vs 200-day SMA	50under200
52-week high	CNY 71.99
52-week high date	2025-11-10
52-week low	CNY 36.15
52-week low date	2026-10-22
5Y price change	-79.61%
5Y return CAGR	-24.26%
5Y total return	-75.07%
6M price change	-26%
6M total return	-23.18%
All-time high	CNY 268.60
All-time high date	2021-01-06
All-time low	CNY 26.16
All-time low date	2009-11-06
Average true range (ATR)	CNY 0.77
Average volume	6.1M
Beta (1Y)	0.06
Beta (2Y)	0.11
Beta (5Y)	0.23
Change from 52-week high	-49.19%
Change from 52-week low	1.19%
Change from all-time high	-86.38%
Change from all-time low	39.81%
Change from open	0.8%
Day's gap	-2.89%
Dollar volume	CNY 269.4M
High price	CNY 37.40
Low price	CNY 36.29
Monthly RSI	27.53
Open price	CNY 36.29
Position in 52-week range	26.13%
Previous close	CNY 37.37
Price vs 150-day SMA	-14.11%
Price vs 20-day SMA	-2.01%
Price vs 200-day SMA	-20.81%
Price vs 50-day SMA	-4.75%
Relative volume	1.24
RSI	41.42
Sharpe ratio	-2.22
Sharpe ratio (3Y)	-1.51
Sharpe ratio (5Y)	-0.91
Sortino ratio	-2.73
Sortino ratio (3Y)	-1.91
Sortino ratio (5Y)	-1.13
Volume	7.4M
Weekly RSI	27.4
YTD price change	-39.78%
YTD total return	-37.48%

Ownership and float

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

Metric	Value
Float	514.7M
Shares change (QoQ)	-0%
Shares change (YoY)	0%
Shares held by insiders	0%
Shares held by institutions	13.34%
Shares outstanding	1.5B

Deeper analysis on SHE/002304

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.

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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 SHE/002304 report

Is a complete SHE/002304 research report available?

No complete published report is available for she/002304 (SHE/002304) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

SHE/002304 (SHE/002304)

Price

Financial snapshot

Fair-value bridge

Latest news · SHE/002304

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All SHE/002304 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/002304

Frequently asked questions