SHA/603220 (SHA/603220)

Shanghai Stock Exchange: SHA/603220 · CNY

CN¥15.0

+0.14 (+0.9%)· Recorded snapshot

Market cap	8.1B
Revenue (ttm)	3B
Net income (ttm)	41.4M
EPS (ttm)	CN¥0.09
Shares out	536.4M
P/E (trailing)	176.2x
Dividend	CN¥0.07 (0.47%)
Volume	9,605,142
Beta	0.17

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 3B
Net income (ttm): 41.4M
EPS (ttm): CN¥0.09
P/E (trailing): 176.2x
Market cap: 8.1B

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/En/a

P25 n/aP50 n/aP75 n/a

Trailing P/E176.2

P25 n/aP50 n/aP75 n/a

ROE1.3

P25 n/aP50 n/aP75 n/a

ROIC3.2

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

S&P 500+0.8%

Nasdaq Composite-1.0%

Dow Jones Industrial Average+1.9%

Russell 2000+0.3%

All SHA/603220 indicators

Market & fundamental data

Available fields

232

Groups with data

Currency

CNY

Showing 232 of 232 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	1,887
Employees change	-197
Employees growth	-9.45%
Enterprise value	CNY 10B
Exchange	Shanghai Stock Exchange
Financial currency	CNY
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Founded	1992
Industry	Telecom Services
Is primary listing	Yes
ISIN number	CNE100003F35
Last earnings date	2026-08-27
Last refreshed	2026-10-28
Last stock split date	2024-07-24
Last stock split type	Forward
Market cap	CNY 8.1B
Next earnings date	2026-10-29
Price	CNY 15.04
Price currency	CNY
Sector	Communication Services
SIC code	4813
Stock price date	2026-10-28
Symbol	sha/603220
Website	https://www.whbester.com

Valuation

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

Metric	Value
Average P/E ratio (10Y)	70.37x
Average P/E ratio (3Y)	110.34x
Average P/E ratio (5Y)	78.67x
Earnings yield	0.57%
EV/Earnings	241.01x
EV/EBIT	49.31x
EV/EBITDA	13.97x
EV/Sales	3.3x
FCF / EV yield	-12.22%
FCF yield	-15.1%
Graham number	3.73327
Graham upside	-75.18%
Industry P/E	47.45x
Lynch fair value	CNY 0.43
Lynch upside	-97.16%
P/B ratio	2.01x
P/E ratio	176.24x
P/OCF ratio	15.09x
P/S ratio	2.67x
Price / tangible book value	2.2x
Price/EBITDA ratio	12.8x
Sector forward P/E	15.74x
Sector P/E	52.47x

Profitability

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

Metric	Value
EBIT margin	6.8%
EBITDA margin	20.89%
Effective tax rate	14.99%
Gross margin	19.19%
Operating margin	6.8%
Pretax margin	1.57%
Profit margin	1.37%
Profit per employee	CNY 21,930
Profitable quarters	1
Profitable years	12
Revenue per employee	CNY 1.6M
ROA	1.29%
ROA (5Y)	2.41%
ROCE	3.69%
ROE	1.32%
ROE (5Y)	7.22%
ROIC	3.16%
ROIC (5Y)	8.86%
Tax / revenue	0.24%

Growth

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

Metric	Value
EPS growth	-58.85%
EPS growth (Q)	-72.95%
EPS growth 3Y	-35.09%
EPS growth 5Y	-19.87%
EPS growth years	0
Gross profit growth	2.92%
Gross profit growth (Q)	-18.44%
Gross profit growth 3Y	6.05%
Gross profit growth 5Y	7.26%
Net income growth	-54.05%
Net income growth (Q)	-66.52%
Net income growth 3Y	-32.93%
Net income growth 5Y	-18.23%
Net income growth years	0
OCF growth	3.88%
OCF growth (Q)	-35.87%
OCF growth 3Y	118.69%
OCF growth 5Y	49.58%
Operating income growth	-21.6%
Operating income growth (Q)	-46.34%
Operating income growth 3Y	9.76%
Operating income growth 5Y	9.17%
Revenue growth	-1.26%
Revenue growth (Q)	-15.65%
Revenue growth (QoQ)	80.11%
Revenue growth 3Y	1.12%
Revenue growth 5Y	3.03%
Revenue growth years	11

Financial statements

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

Metric	Value
Capital expenditures	CNY -1.8B
Depreciation and amortization	CNY 425.1M
EBIT	CNY 205.3M
EBITDA	CNY 630.4M
EPS	CNY 0.09
FCF per share	CNY -2.27
Financing cash flow	CNY 3.6B
Free cash flow	CNY -1.2B
Gross profit	CNY 579.3M
Income taxes	CNY 7.1M
Investing cash flow	CNY -3.1B
Net borrowing	CNY 1.8B
Net cash flow	CNY 953.9M
Net income	CNY 41.4M
Operating income	CNY 205.3M
Revenue	CNY 3B

Financial strength

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

Metric	Value
Altman Z-Score	1.28
Book value per share	CNY 7.26
Debt / EBITDA	5.7
Debt / equity	1.02
Goodwill	CNY 158.7M
Interest coverage	1.31
Long-term assets	CNY 6B
Long-term liabilities	CNY 1.6B
Net cash (debt)	CNY -1.8B
Net cash / market cap	-22.19%
Net debt / EBITDA	2.84
Net debt / equity	0.45
Piotroski F-Score	7
Property, plant and equipment	CNY 3.8B
Shareholders' equity	CNY 4B
Tangible book value	CNY 3.7B
Tangible book value per share	CNY 6.85
Total assets	CNY 11.8B
Total cash	CNY 2.3B
Total debt	CNY 4.1B
Total liabilities	CNY 7.8B
WACC	4.53%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.3
Current assets	CNY 5.8B
Current liabilities	CNY 6.2B
Current ratio	0.93
Inventory turnover	3.97
Net working capital	CNY -15.7M
Quick ratio	0.77
Working capital	CNY -459.7M
Working capital turnover	-7.99

Dividends and buybacks

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

Metric	Value
Buyback yield / dilution	-11.68%
Dividend growth	-36.36%
Dividend growth (3Y)	-13.38%
Dividend growth (5Y)	5.39%
Dividend growth years	0
Dividend payment date	2026-07-20
Dividend payment years	8
Dividend payout frequency	Annual
Dividend per share	CNY 0.07
Dividend yield	0.47%
Ex-dividend date	2026-07-20
Last dividend	CNY 0.07
Payout ratio	332.75%
Shareholder yield	-11.22%

Performance and technicals

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

Metric	Value
150-day SMA	CNY 22.28
1D price change	0.94%
1M price change	-18.04%
1M total return	-18.04%
1W price change	0.61%
1W total return	0.61%
1Y price change	-36.38%
1Y return CAGR	-36.14%
1Y total return	-36.12%
20-day SMA	CNY 16.07
200-day SMA	CNY 22.96
3M price change	-17.95%
3M total return	-17.95%
3Y price change	-56.57%
3Y return CAGR	-23.88%
3Y total return	-55.9%
50-day SMA	CNY 17.62
50-day SMA vs 200-day SMA	50under200
52-week high	CNY 34.59
52-week high date	2026-05-19
52-week low	CNY 14.20
52-week low date	2026-10-23
5Y price change	21.37%
5Y return CAGR	4.73%
5Y total return	25.97%
6M price change	-53.2%
6M total return	-53.01%
All-time high	CNY 38.95
All-time high date	2023-11-16
All-time low	CNY 7.25
All-time low date	2018-11-15
Average true range (ATR)	CNY 0.72
Average volume	13.6M
Beta (1Y)	1.14
Beta (2Y)	1.07
Beta (5Y)	0.17
Change from 52-week high	-56.52%
Change from 52-week low	5.92%
Change from all-time high	-61.74%
Change from all-time low	105.63%
Change from open	-0.53%
Day's gap	1.48%
Dollar volume	CNY 144.5M
High price	CNY 15.27
Low price	CNY 14.89
Monthly RSI	38.81
Open price	CNY 15.12
Position in 52-week range	39.47%
Previous close	CNY 14.90
Price vs 150-day SMA	-33.13%
Price vs 20-day SMA	-7.29%
Price vs 200-day SMA	-35.11%
Price vs 50-day SMA	-15.46%
Relative volume	0.7
RSI	34.73
Sharpe ratio	-0.71
Sharpe ratio (3Y)	0
Sharpe ratio (5Y)	0.32
Sortino ratio	-0.89
Sortino ratio (3Y)	0.11
Sortino ratio (5Y)	0.6
Volume	9.6M
Weekly RSI	31.31
YTD price change	-30.05%
YTD total return	-29.76%

Ownership and float

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

Metric	Value
Float	408.5M
Shares change (QoQ)	0%
Shares change (YoY)	11.68%
Shares held by insiders	23.84%
Shares held by institutions	6.51%
Shares outstanding	536.4M

Deeper analysis on SHA/603220

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.

→

Scorecard

Six-factor overlay and 9-category weighted scorecard.

→

Recommendation

Final action, action steps, opportunity, and biggest risk.

→

Perspectives

Growth, value, and income investor reads.

→

Frequently asked questions

About this SHA/603220 report

Is a complete SHA/603220 research report available?

No complete published report is available for sha/603220 (SHA/603220) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

Market cap

8.1B

Revenue (ttm)

Net income (ttm)

41.4M

EPS (ttm)

CN¥0.09

Shares out

536.4M

P/E (trailing)

176.2x

Dividend

CN¥0.07 (0.47%)

Volume

9,605,142

Beta

0.17

Metric

Value

Amount currency

CNY

Country

China

Country code

Earnings date

2026-10-29

Employees

1,887

Employees change

-197

Employees growth

-9.45%

Enterprise value

CNY 10B

Exchange

Shanghai Stock Exchange

Financial currency

CNY

Financial report date

2026-06-30

First seen

2026-05-10

Fiscal year end

December

Founded

1992

Industry

Telecom Services

Is primary listing

Yes

ISIN number

CNE100003F35

Last earnings date

2026-08-27

Last refreshed

2026-10-28

Last stock split date

2024-07-24

Last stock split type

Forward

Market cap

CNY 8.1B

Next earnings date

2026-10-29

Price

CNY 15.04

Price currency

CNY

Sector

Communication Services

SIC code

4813

Stock price date

2026-10-28

Symbol

sha/603220

Website

https://www.whbester.com

Metric

Value

Average P/E ratio (10Y)

70.37x

Average P/E ratio (3Y)

110.34x

Average P/E ratio (5Y)

78.67x

Earnings yield

0.57%

EV/Earnings

241.01x

EV/EBIT

49.31x

EV/EBITDA

13.97x

EV/Sales

3.3x

FCF / EV yield

-12.22%

FCF yield

-15.1%

Graham number

3.73327

Graham upside

-75.18%

Industry P/E

47.45x

Lynch fair value

CNY 0.43

Lynch upside

-97.16%

P/B ratio

2.01x

P/E ratio

176.24x

P/OCF ratio

15.09x

P/S ratio

2.67x

Price / tangible book value

2.2x

Price/EBITDA ratio

12.8x

Sector forward P/E

15.74x

Sector P/E

52.47x

Metric

Value

EBIT margin

6.8%

EBITDA margin

20.89%

Effective tax rate

14.99%

Gross margin

19.19%

Operating margin

6.8%

Pretax margin

1.57%

Profit margin

1.37%

Profit per employee

CNY 21,930

Profitable quarters

Profitable years

Revenue per employee

CNY 1.6M

ROA

1.29%

ROA (5Y)

2.41%

ROCE

3.69%

ROE

1.32%

ROE (5Y)

7.22%

ROIC

3.16%

ROIC (5Y)

8.86%

Tax / revenue

0.24%

Metric

Value

EPS growth

-58.85%

EPS growth (Q)

-72.95%

EPS growth 3Y

-35.09%

EPS growth 5Y

-19.87%

EPS growth years

Gross profit growth

2.92%

Gross profit growth (Q)

-18.44%

Gross profit growth 3Y

6.05%

Gross profit growth 5Y

7.26%

Net income growth

-54.05%

Net income growth (Q)

-66.52%

Net income growth 3Y

-32.93%

Net income growth 5Y

-18.23%

Net income growth years

OCF growth

3.88%

OCF growth (Q)

-35.87%

OCF growth 3Y

118.69%

OCF growth 5Y

49.58%

Operating income growth

-21.6%

Operating income growth (Q)

-46.34%

Operating income growth 3Y

9.76%

Operating income growth 5Y

9.17%

Revenue growth

-1.26%

Revenue growth (Q)

-15.65%

Revenue growth (QoQ)

80.11%

Revenue growth 3Y

1.12%

Revenue growth 5Y

3.03%

Revenue growth years

Metric

Value

Capital expenditures

CNY -1.8B

Depreciation and amortization

CNY 425.1M

EBIT

CNY 205.3M

EBITDA

CNY 630.4M

EPS

CNY 0.09

FCF per share

CNY -2.27

Financing cash flow

CNY 3.6B

Free cash flow

CNY -1.2B

Gross profit

CNY 579.3M

Income taxes

CNY 7.1M

Investing cash flow

CNY -3.1B

Net borrowing

CNY 1.8B

Net cash flow

CNY 953.9M

Net income

CNY 41.4M

Operating income

CNY 205.3M

Revenue

CNY 3B

Metric

Value

Altman Z-Score

1.28

Book value per share

CNY 7.26

Debt / EBITDA

5.7

Debt / equity

1.02

Goodwill

CNY 158.7M

Interest coverage

1.31

Long-term assets

CNY 6B

Long-term liabilities

CNY 1.6B

Net cash (debt)

CNY -1.8B

Net cash / market cap

-22.19%

Net debt / EBITDA

2.84

Net debt / equity

0.45

Piotroski F-Score

Property, plant and equipment

CNY 3.8B

Shareholders' equity

CNY 4B

Tangible book value

CNY 3.7B

Tangible book value per share

CNY 6.85

Total assets

CNY 11.8B

Total cash

CNY 2.3B

Total debt

CNY 4.1B

Total liabilities

CNY 7.8B

WACC

4.53%

Metric

Value

Asset turnover

0.3

Current assets

CNY 5.8B

Current liabilities

CNY 6.2B

Current ratio

0.93

Inventory turnover

3.97

Net working capital

CNY -15.7M

Quick ratio

0.77

Working capital

CNY -459.7M

Working capital turnover

-7.99

Metric

Value

Buyback yield / dilution

-11.68%

Dividend growth

-36.36%

Dividend growth (3Y)

-13.38%

Dividend growth (5Y)

5.39%

Dividend growth years

Dividend payment date

2026-07-20

Dividend payment years

Dividend payout frequency

Annual

Dividend per share

CNY 0.07

Dividend yield

0.47%

Ex-dividend date

2026-07-20

Last dividend

CNY 0.07

Payout ratio

332.75%

Shareholder yield

-11.22%

Metric

Value

150-day SMA

CNY 22.28

1D price change

0.94%

1M price change

-18.04%

1M total return

-18.04%

1W price change

0.61%

1W total return

0.61%

1Y price change

-36.38%

1Y return CAGR

-36.14%

1Y total return

-36.12%

20-day SMA

CNY 16.07

200-day SMA

CNY 22.96

3M price change

-17.95%

3M total return

-17.95%

3Y price change

-56.57%

3Y return CAGR

-23.88%

3Y total return

-55.9%

50-day SMA

CNY 17.62

50-day SMA vs 200-day SMA

50under200

52-week high

CNY 34.59

52-week high date

2026-05-19

52-week low

CNY 14.20

52-week low date

2026-10-23

5Y price change

21.37%

5Y return CAGR

4.73%

5Y total return

25.97%

6M price change

-53.2%

6M total return

-53.01%

All-time high

CNY 38.95

All-time high date

2023-11-16

All-time low

CNY 7.25

All-time low date

2018-11-15

Average true range (ATR)

CNY 0.72

Average volume

13.6M

Beta (1Y)

1.14

Beta (2Y)

1.07

Beta (5Y)

0.17

Change from 52-week high

-56.52%

Change from 52-week low

5.92%

Change from all-time high

-61.74%

Change from all-time low

105.63%

Change from open

-0.53%

Day's gap

1.48%

Dollar volume

CNY 144.5M

High price

CNY 15.27

Low price

CNY 14.89

Monthly RSI

38.81

Open price

CNY 15.12

Position in 52-week range

39.47%

Previous close

CNY 14.90

Price vs 150-day SMA

-33.13%

Price vs 20-day SMA

-7.29%

Price vs 200-day SMA

-35.11%

Price vs 50-day SMA

-15.46%

Relative volume

0.7

RSI

34.73

Sharpe ratio

-0.71

Sharpe ratio (3Y)

Sharpe ratio (5Y)

0.32

Sortino ratio

-0.89

Sortino ratio (3Y)

0.11

Sortino ratio (5Y)

0.6

Volume

9.6M

Weekly RSI

31.31

YTD price change

-30.05%

YTD total return

-29.76%

Metric

Value

Float

408.5M

Shares change (QoQ)

Shares change (YoY)

11.68%

Shares held by insiders

23.84%

Shares held by institutions

6.51%

Shares outstanding

536.4M

SHA/603220 (SHA/603220)

Price

Financial snapshot

Fair-value bridge

Latest news · SHA/603220

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All SHA/603220 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/603220

Frequently asked questions

SHA/603220 (SHA/603220)

Price

Financial snapshot

Fair-value bridge

Latest news · SHA/603220

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All SHA/603220 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/603220

Frequently asked questions