SHA/600123 (SHA/600123)

Shanghai Stock Exchange: SHA/600123 · CNY

CN¥6.26

-0.03 (-0.5%)· Recorded snapshot

Market cap	9.2B
Revenue (ttm)	9.6B
Net income (ttm)	-406.5M
EPS (ttm)	-CN¥0.28
Shares out	1.5B
P/E (forward)	29.3x
Volume	17,302,808
Beta	0.19

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 9.6B
Net income (ttm): -406.5M
EPS (ttm): -CN¥0.28
P/E (forward): 29.3x
Market cap: 9.2B

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/E29.3

P25 n/aP50 n/aP75 n/a

Trailing P/En/a

P25 n/aP50 n/aP75 n/a

ROE-3.9

P25 n/aP50 n/aP75 n/a

ROIC1.4

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All SHA/600123 indicators

Market & fundamental data

Available fields

225

Groups with data

Currency

CNY

Showing 225 of 225 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	18,372
Employees change	-514
Employees growth	-2.72%
Enterprise value	CNY 19.3B
Exchange	Shanghai Stock Exchange
Financial currency	CNY
Financial report date	2026-09-30
First seen	2026-05-10
Fiscal year end	December
Founded	1998
Industry	Thermal Coal
Is primary listing	Yes
ISIN number	CNE000000XZ5
Last earnings date	2026-10-27
Last refreshed	2026-10-28
Last stock split date	2023-06-19
Last stock split type	Forward
Market cap	CNY 9.2B
Next earnings date	2027-04-20
Price	CNY 6.26
Price currency	CNY
Sector	Energy
SIC code	2870
Stock price date	2026-10-28
Symbol	sha/600123
Website	https://www.chinalanhua.com

Valuation

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

Metric	Value
Average P/E ratio (10Y)	33.37x
Average P/E ratio (3Y)	71.78x
Average P/E ratio (5Y)	38.37x
Earnings yield	-4.43%
EV/EBIT	53.01x
EV/EBITDA	10.29x
EV/Sales	2.01x
FCF / EV yield	-1.01%
FCF yield	-2.11%
Forward P/E	29.26x
Industry forward P/E	13.87x
Industry P/E	16.31x
P/B ratio	0.63x
P/OCF ratio	6.08x
P/S ratio	0.96x
Price / tangible book value	2.61x
Price/EBITDA ratio	5.14x
Sector forward P/E	13.62x
Sector P/E	19.48x

Profitability

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

Metric	Value
EBIT margin	3.75%
EBITDA margin	18.7%
Gross margin	27.5%
Operating margin	3.75%
Pretax margin	-3.67%
Profit margin	-4.22%
Profit per employee	CNY -22,127
Profitable quarters	2
Revenue per employee	CNY 524,500
ROA	0.61%
ROA (5Y)	5.29%
ROCE	1.39%
ROE	-3.94%
ROE (5Y)	10.45%
ROIC	1.4%
ROIC (5Y)	8.95%
Tax / revenue	2.51%

Growth

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

Metric	Value
EPS growth (QoQ)	-45.05%
EPS growth quarters	2
EPS growth years	0
Gross profit growth	64.43%
Gross profit growth (Q)	169.59%
Gross profit growth 3Y	-21.51%
Gross profit growth 5Y	-10.03%
Net income growth (QoQ)	-45.01%
Net income growth quarters	2
Net income growth years	0
OCF growth (Q)	539%
OCF growth (QoQ)	1,198.02%
OCF growth 3Y	-21.48%
OCF growth 5Y	-3.19%
Operating income growth (Q)	1,650,747.97%
Operating income growth 3Y	-51.91%
Operating income growth 5Y	-32.13%
Revenue growth	5.16%
Revenue growth (Q)	41%
Revenue growth (QoQ)	8.66%
Revenue growth 10Y	9.23%
Revenue growth 3Y	-7.85%
Revenue growth 5Y	-2.01%
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 -1.7B
Depreciation and amortization	CNY 1.4B
EBIT	CNY 361.4M
EBITDA	CNY 1.8B
EPS	CNY -0.28
FCF per share	CNY -0.13
Financing cash flow	CNY -181.5M
Free cash flow	CNY -195.2M
Gross profit	CNY 2.7B
Income taxes	CNY 242.3M
Investing cash flow	CNY -1.7B
Net borrowing	CNY 127.1M
Net cash flow	CNY -379.4M
Net income	CNY -406.5M
Operating income	CNY 361.4M
Revenue	CNY 9.6B

Financial strength

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

Metric	Value
Book value per share	CNY 10.43
Debt / EBITDA	8.12
Debt / equity	1.03
Interest coverage	2.47
Long-term assets	CNY 30.4B
Long-term liabilities	CNY 11.2B
Net cash (debt)	CNY -10.7B
Net cash / market cap	-115.35%
Net debt / EBITDA	5.93
Net debt / equity	0.72
Piotroski F-Score	4
Property, plant and equipment	CNY 16.6B
Shareholders' equity	CNY 14.8B
Tangible book value	CNY 3.6B
Tangible book value per share	CNY 2.41
Total assets	CNY 36.9B
Total cash	CNY 4.6B
Total debt	CNY 15.3B
Total liabilities	CNY 22.1B
WACC	2.48%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.26
Current assets	CNY 6.6B
Current liabilities	CNY 11B
Current ratio	0.6
Inventory turnover	7.61
Net working capital	CNY -3.9B
Quick ratio	0.48
Working capital	CNY -4.4B
Working capital turnover	-2.46

Dividends and buybacks

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

Metric	Value
Buyback yield / dilution	0.83%
Dividend growth (10Y)	-3.59%
Dividend growth (3Y)	-36.17%
Dividend growth (5Y)	-0.51%
Dividend growth years	0
Dividend payment date	2025-07-14
Dividend payment years	8
Dividend per share	CNY 0.00
Last dividend	CNY 0.15
Shareholder yield	0.83%

Performance and technicals

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

Metric	Value
10Y price change	2.88%
10Y return CAGR	3.82%
10Y total return	45.42%
150-day SMA	CNY 6.68
15Y price change	-61.96%
15Y return CAGR	-3.35%
15Y total return	-40%
1D price change	-0.48%
1M price change	-10.32%
1M total return	-10.32%
1W price change	-4.86%
1W total return	-4.86%
1Y price change	-9.67%
1Y return CAGR	-9.67%
1Y total return	-9.67%
20-day SMA	CNY 6.70
200-day SMA	CNY 6.59
20Y price change	86.64%
20Y return CAGR	5.87%
20Y total return	213.08%
3M price change	-5.15%
3M total return	-5.15%
3Y price change	-31.66%
3Y return CAGR	-9.22%
3Y total return	-25.19%
50-day SMA	CNY 6.99
50-day SMA vs 200-day SMA	50over200
52-week high	CNY 7.60
52-week high date	2026-03-16
52-week low	CNY 5.29
52-week low date	2026-07-01
5Y price change	-36.91%
5Y return CAGR	-4.7%
5Y total return	-21.39%
6M price change	-6.01%
6M total return	-6.01%
All-time high	CNY 20.23
All-time high date	2010-11-11
All-time low	CNY 0.97
All-time low date	1999-05-17
Average true range (ATR)	CNY 0.24
Average volume	18.7M
Beta (1Y)	0.05
Beta (2Y)	0.2
Beta (5Y)	0.19
Change from 52-week high	-17.63%
Change from 52-week low	18.34%
Change from all-time high	-69.05%
Change from all-time low	542.45%
Change from open	0.81%
Day's gap	-1.27%
Dollar volume	CNY 108.3M
High price	CNY 6.40
Low price	CNY 6.20
Monthly RSI	43.88
Open price	CNY 6.21
Position in 52-week range	30%
Previous close	CNY 6.29
Price vs 150-day SMA	-6.29%
Price vs 20-day SMA	-6.5%
Price vs 200-day SMA	-5.01%
Price vs 50-day SMA	-10.49%
Relative volume	0.91
RSI	34.08
Sharpe ratio	-0.12
Sharpe ratio (3Y)	-0.27
Sharpe ratio (5Y)	0.17
Sortino ratio	-0.01
Sortino ratio (3Y)	-0.21
Sortino ratio (5Y)	0.39
Volume	17.3M
Weekly RSI	43.54
YTD price change	5.92%
YTD total return	5.92%

Ownership and float

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

Metric	Value
Float	803.3M
Shares change (QoQ)	0.08%
Shares change (YoY)	-0.83%
Shares held by institutions	12.04%
Shares outstanding	1.5B

Deeper analysis on SHA/600123

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/600123 report

Is a complete SHA/600123 research report available?

No complete published report is available for sha/600123 (SHA/600123) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

SHA/600123 (SHA/600123)

Price

Financial snapshot

Fair-value bridge

Latest news · SHA/600123

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All SHA/600123 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/600123

Frequently asked questions