SHA/600025 (SHA/600025)

Shanghai Stock Exchange: SHA/600025 · CNY

CN¥10.5

+0.07 (+0.7%)· Recorded snapshot

Market cap	195.8B
Revenue (ttm)	27.1B
Net income (ttm)	8.5B
EPS (ttm)	CN¥0.44
Shares out	18.6B
P/E (trailing)	23.8x
P/E (forward)	21.9x
Dividend	CN¥0.21 (1.95%)
Volume	31,041,728
Beta	0.15

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 27.1B
Net income (ttm): 8.5B
EPS (ttm): CN¥0.44
P/E (trailing): 23.8x
P/E (forward): 21.9x
Market cap: 195.8B

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/E21.9

P25 n/aP50 n/aP75 n/a

Trailing P/E23.8

P25 n/aP50 n/aP75 n/a

ROE10.1

P25 n/aP50 n/aP75 n/a

ROIC3.8

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All SHA/600025 indicators

Market & fundamental data

Available fields

238

Groups with data

Currency

CNY

Showing 238 of 238 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	2026-10-26
Employees	5,351
Employees change	190
Employees growth	3.68%
Enterprise value	CNY 314.1B
Exchange	Shanghai Stock Exchange
Financial currency	CNY
Financial report date	2026-09-30
First seen	2026-05-10
Fiscal year end	December
Founded	2001
Industry	Utilities - Renewable
Is primary listing	Yes
ISIN number	CNE100002T71
Last earnings date	2026-10-26
Last refreshed	2026-10-28
Market cap	CNY 195.8B
Next earnings date	2026-10-29
Price	CNY 10.51
Price currency	CNY
Sector	Utilities
SIC code	4911
Stock price date	2026-10-28
Symbol	sha/600025
Website	https://www.hnlcj.cn

Valuation

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

Metric	Value
Average P/E ratio (10Y)	19.81x
Average P/E ratio (3Y)	21.09x
Average P/E ratio (5Y)	19.8x
Earnings yield	4.2%
EV/Earnings	36.88x
EV/EBIT	24.07x
EV/EBITDA	14.92x
EV/FCF	157.37x
EV/Sales	11.61x
FCF / EV yield	0.64%
FCF yield	1.02%
Forward P/E	21.93x
Graham number	6.65096
Graham upside	-36.72%
Industry forward P/E	19.46x
Industry P/E	23.04x
Lynch fair value	CNY 4.31
Lynch upside	-59.02%
P/B ratio	2.04x
P/E ratio	23.8x
P/FCF ratio	98.1x
P/OCF ratio	9.84x
P/S ratio	7.24x
Price / tangible book value	2.34x
Price/EBITDA ratio	9.32x
Sector forward P/E	16.74x
Sector P/E	21.59x

Profitability

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

Metric	Value
EBIT margin	48.23%
EBITDA margin	77.61%
Effective tax rate	14.2%
FCF margin	7.38%
Gross margin	55.61%
Operating margin	48.23%
Pretax margin	39.85%
Profit margin	31.48%
Profit per employee	CNY 1.6M
Profitable quarters	26
Profitable years	24
Revenue per employee	CNY 5.1M
ROA	3.56%
ROA (5Y)	3.97%
ROCE	6.79%
ROE	10.11%
ROE (5Y)	11.03%
ROIC	3.84%
Tax / revenue	5.66%

Growth

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

Metric	Value
EPS growth	-3.92%
EPS growth (Q)	6.39%
EPS growth (QoQ)	4.96%
EPS growth 10Y	52.41%
EPS growth 3Y	4.3%
EPS growth 5Y	8.04%
EPS growth quarters	1
EPS growth years	5
FCF growth (Q)	-16.09%
FCF growth (QoQ)	178.55%
FCF growth 3Y	46.57%
FCF growth 5Y	-30.83%
Net income growth	-1.07%
Net income growth (Q)	8.43%
Net income growth (QoQ)	12.16%
Net income growth 3Y	4.03%
Net income growth 5Y	9.75%
Net income growth quarters	1
Net income growth years	5
OCF growth	10.5%
OCF growth (Q)	6.24%
OCF growth (QoQ)	23.4%
OCF growth 10Y	10.53%
OCF growth 3Y	7.17%
OCF growth 5Y	3.85%
Revenue growth	3.66%
Revenue growth (Q)	3.6%
Revenue growth (QoQ)	7.77%
Revenue growth 10Y	9.24%
Revenue growth 3Y	5.49%
Revenue growth 5Y	6.18%
Revenue growth quarters	1
Revenue growth years	2

Financial statements

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

Metric	Value
Capital expenditures	CNY -17.9B
EBIT	CNY 13.1B
EBITDA	CNY 21B
EPS	CNY 0.44
FCF per share	CNY 0.11
Financing cash flow	CNY -3.8B
Free cash flow	CNY 2B
Gross profit	CNY 15B
Income taxes	CNY 1.5B
Investing cash flow	CNY -19.3B
Net borrowing	CNY 785.1M
Net cash flow	CNY -3.2B
Net income	CNY 8.5B
Operating income	CNY 13.1B
Revenue	CNY 27.1B

Financial strength

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

Metric	Value
Book value per share	CNY 4.45
Debt / EBITDA	5.53
Debt / equity	1.22
Debt / FCF	58.35
Interest coverage	18.77
Long-term assets	CNY 223.2B
Long-term liabilities	CNY 96.4B
Net cash (debt)	CNY -111.7B
Net cash / market cap	-57.07%
Net debt / EBITDA	5.32
Net debt / equity	1.17
Net debt / FCF	55.98
Piotroski F-Score	4
Property, plant and equipment	CNY 208.4B
Shareholders' equity	CNY 95.8B
Tangible book value	CNY 83.6B
Tangible book value per share	CNY 4.17
Total assets	CNY 232.9B
Total cash	CNY 4.7B
Total debt	CNY 116.5B
Total liabilities	CNY 137B
WACC	3.37%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.12
Current assets	CNY 9.6B
Current liabilities	CNY 40.6B
Current ratio	0.24
Inventory turnover	218.57
Net working capital	CNY -15.3B
Quick ratio	0.22
Working capital	CNY -31B
Working capital turnover	-0.94

Dividends and buybacks

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

Metric	Value
Buyback yield / dilution	-2.97%
Dividend growth	2.5%
Dividend growth (3Y)	5.42%
Dividend growth (5Y)	5.08%
Dividend growth years	4
Dividend payment date	2026-06-29
Dividend payment years	9
Dividend payout frequency	Annual
Dividend per share	CNY 0.21
Dividend yield	1.95%
Ex-dividend date	2026-06-29
FCF payout ratio	152.13%
Last dividend	CNY 0.21
Payout ratio	78.64%
Shareholder yield	-1.02%

Performance and technicals

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

Metric	Value
150-day SMA	CNY 9.76
1D price change	0.67%
1M price change	7.08%
1M total return	7.08%
1W price change	1.56%
1W total return	1.56%
1Y price change	4.09%
1Y return CAGR	6.52%
1Y total return	6.51%
20-day SMA	CNY 10.13
200-day SMA	CNY 9.66
3M price change	3.98%
3M total return	3.98%
3Y price change	38.65%
3Y return CAGR	13.77%
3Y total return	47.29%
50-day SMA	CNY 9.87
50-day SMA vs 200-day SMA	50over200
52-week high	CNY 10.66
52-week high date	2026-03-13
52-week low	CNY 8.66
52-week low date	2026-06-29
5Y price change	50.65%
5Y return CAGR	10.96%
5Y total return	68.2%
6M price change	8.08%
6M total return	10.59%
All-time high	CNY 12.50
All-time high date	2024-10-08
All-time low	CNY 2.23
All-time low date	2018-10-19
Average true range (ATR)	CNY 0.24
Average volume	35.5M
Beta (1Y)	-0.21
Beta (2Y)	-0.1
Beta (5Y)	0.15
Change from 52-week high	-1.41%
Change from 52-week low	21.36%
Change from all-time high	-16.48%
Change from all-time low	368.16%
Change from open	0.96%
Day's gap	-0.29%
Dollar volume	CNY 326.2M
High price	CNY 10.54
Low price	CNY 10.37
Monthly RSI	57.76
Open price	CNY 10.41
Position in 52-week range	82.35%
Previous close	CNY 10.44
Price vs 150-day SMA	6.99%
Price vs 20-day SMA	3.11%
Price vs 200-day SMA	8.03%
Price vs 50-day SMA	5.73%
Relative volume	0.87
RSI	61.58
Sharpe ratio	0.37
Sharpe ratio (3Y)	0.59
Sharpe ratio (5Y)	0.56
Sortino ratio	0.89
Sortino ratio (3Y)	1.18
Sortino ratio (5Y)	1.11
Volume	31M
Weekly RSI	61.4
YTD price change	14.98%
YTD total return	17.66%

Ownership and float

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

Metric	Value
Float	2.8B
Shares change (QoQ)	6.86%
Shares change (YoY)	2.97%
Shares held by institutions	6.59%
Shares outstanding	18.6B

Deeper analysis on SHA/600025

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.

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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/600025 report

Is a complete SHA/600025 research report available?

No complete published report is available for sha/600025 (SHA/600025) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

SHA/600025 (SHA/600025)

Price

Financial snapshot

Fair-value bridge

Latest news · SHA/600025

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All SHA/600025 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/600025

Frequently asked questions