SHA/600348 (SHA/600348)

Shanghai Stock Exchange: SHA/600348 · CNY

CN¥8.42

+0.10 (+1.2%)· Recorded snapshot

Market cap	30.4B
Revenue (ttm)	20.1B
Net income (ttm)	1.9B
EPS (ttm)	CN¥0.50
Shares out	3.6B
P/E (trailing)	16.8x
P/E (forward)	14.0x
Dividend	CN¥0.24 (2.81%)
Volume	17,192,075
Beta	0.54

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 20.1B
Net income (ttm): 1.9B
EPS (ttm): CN¥0.50
P/E (trailing): 16.8x
P/E (forward): 14.0x
Market cap: 30.4B

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/E14

P25 n/aP50 n/aP75 n/a

Trailing P/E16.8

P25 n/aP50 n/aP75 n/a

ROE6.4

P25 n/aP50 n/aP75 n/a

ROIC4.7

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All SHA/600348 indicators

Market & fundamental data

Available fields

246

Groups with data

Currency

CNY

Showing 246 of 246 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	39,198
Employees change	860
Employees growth	2.24%
Enterprise value	CNY 52.2B
Exchange	Shanghai Stock Exchange
Financial currency	CNY
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Founded	1999
Industry	Thermal Coal
Is primary listing	Yes
ISIN number	CNE000001FP1
Last earnings date	2026-08-27
Last refreshed	2026-10-28
Last stock split date	2023-06-16
Last stock split type	Forward
Market cap	CNY 30.4B
Next earnings date	2026-10-30
Price	CNY 8.42
Price currency	CNY
Sector	Energy
SIC code	1220
Stock price date	2026-10-28
Symbol	sha/600348
Website	https://yqmy.ymjt.com.cn

Valuation

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

Metric	Value
Average P/E ratio (10Y)	10.58x
Average P/E ratio (3Y)	12.76x
Average P/E ratio (5Y)	10.3x
Earnings yield	5.94%
EV/Earnings	27.28x
EV/EBIT	13.72x
EV/EBITDA	8.52x
EV/Sales	2.57x
FCF / EV yield	-3.93%
FCF yield	-6.78%
Forward P/E	13.98x
Graham number	9.27565
Graham upside	10.16%
Industry forward P/E	13.77x
Industry P/E	15.95x
Lynch fair value	CNY 2.50
Lynch upside	-70.3%
P/B ratio	0.71x
P/E ratio	16.83x
P/OCF ratio	7.84x
P/S ratio	1.49x
Price / tangible book value	1.25x
Price/EBITDA ratio	4.98x
Sector forward P/E	13.71x
Sector P/E	18.99x

Profitability

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

Metric	Value
EBIT margin	18.76%
EBITDA margin	29.96%
Effective tax rate	26.65%
Gross margin	44.7%
Operating margin	18.76%
Pretax margin	17.24%
Profit margin	9.85%
Profit per employee	CNY 48,437
Profitable quarters	42
Profitable years	26
Revenue per employee	CNY 513,438
ROA	2.78%
ROA (5Y)	6.61%
ROCE	5.71%
ROE	6.36%
ROE (5Y)	15.77%
ROIC	4.69%
ROIC (5Y)	16.18%
Tax / revenue	4.59%

Growth

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

Metric	Value
EPS growth	11.14%
EPS growth (Q)	211.44%
EPS growth (QoQ)	23.46%
EPS growth 3Y	-35.41%
EPS growth 5Y	-1.41%
EPS growth quarters	1
EPS growth years	0
Gross profit growth	7.24%
Gross profit growth (Q)	38.7%
Gross profit growth 3Y	-16.45%
Gross profit growth 5Y	6.18%
Net income growth	16%
Net income growth (Q)	211.21%
Net income growth (QoQ)	19.5%
Net income growth 3Y	-34.36%
Net income growth 5Y	-0.39%
Net income growth quarters	1
Net income growth years	0
OCF growth	12.56%
OCF growth (Q)	173.83%
OCF growth 3Y	-27.49%
OCF growth 5Y	-1.97%
Operating income growth	9.68%
Operating income growth (Q)	99.83%
Operating income growth 3Y	-30.36%
Operating income growth 5Y	3.57%
Revenue growth	-16.49%
Revenue growth (Q)	-7.87%
Revenue growth (QoQ)	1.41%
Revenue growth 10Y	2.75%
Revenue growth 3Y	-13.85%
Revenue growth 5Y	-10.35%
Revenue growth years	0

Financial statements

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

Metric	Value
Capital expenditures	CNY -5.9B
Depreciation and amortization	CNY 2.3B
EBIT	CNY 3.8B
EBITDA	CNY 6B
EPS	CNY 0.50
FCF per share	CNY -0.56
Financing cash flow	CNY 2.6B
Free cash flow	CNY -2B
Gross profit	CNY 9B
Income taxes	CNY 924.6M
Investing cash flow	CNY -6.6B
Net borrowing	CNY -1.5B
Net cash flow	CNY -204.9M
Net income	CNY 1.9B
Operating income	CNY 3.8B
Revenue	CNY 20.1B

Financial strength

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

Metric	Value
Altman Z-Score	1.04
Book value per share	CNY 7.65
Debt / EBITDA	4.6
Debt / equity	0.66
Interest coverage	6.04
Long-term assets	CNY 73.1B
Long-term liabilities	CNY 24.1B
Net cash (debt)	CNY -16.8B
Net cash / market cap	-55.9%
Net debt / EBITDA	2.78
Net debt / equity	0.4
Piotroski F-Score	6
Property, plant and equipment	CNY 50.9B
Shareholders' equity	CNY 42.1B
Tangible book value	CNY 24B
Tangible book value per share	CNY 4.03
Total assets	CNY 87.9B
Total cash	CNY 11.2B
Total debt	CNY 27.9B
Total liabilities	CNY 45.8B
WACC	4.53%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.24
Current assets	CNY 14.8B
Current liabilities	CNY 21.7B
Current ratio	0.68
Inventory turnover	14.32
Net working capital	CNY -12.5B
Quick ratio	0.62
Working capital	CNY -6.9B
Working capital turnover	-3.49

Dividends and buybacks

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

Metric	Value
Buyback yield / dilution	-2.14%
Dividend growth	-23.3%
Dividend growth (10Y)	5.66%
Dividend growth (3Y)	-35.35%
Dividend growth (5Y)	7.29%
Dividend growth years	0
Dividend payment date	2026-07-15
Dividend payment years	9
Dividend payout frequency	Annual
Dividend per share	CNY 0.24
Dividend yield	2.82%
Ex-dividend date	2026-07-15
Last dividend	CNY 0.24
Payout ratio	103.06%
Shareholder yield	0.67%

Performance and technicals

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

Metric	Value
10Y price change	66.83%
10Y return CAGR	10.09%
10Y total return	161.41%
150-day SMA	CNY 8.99
15Y price change	-37.16%
15Y return CAGR	0.33%
15Y total return	5.1%
1D price change	1.2%
1M price change	-5.29%
1M total return	-5.29%
1W price change	-3.11%
1W total return	-3.11%
1Y price change	7.67%
1Y return CAGR	10.71%
1Y total return	10.71%
20-day SMA	CNY 8.74
200-day SMA	CNY 9.06
20Y price change	473.57%
20Y return CAGR	12.25%
20Y total return	908.17%
3M price change	-2.09%
3M total return	-2.09%
3Y price change	7.26%
3Y return CAGR	8.06%
3Y total return	26.2%
50-day SMA	CNY 8.92
50-day SMA vs 200-day SMA	50under200
52-week high	CNY 10.59
52-week high date	2026-05-06
52-week low	CNY 7.46
52-week low date	2025-11-27
5Y price change	2.68%
5Y return CAGR	6.07%
5Y total return	34.28%
6M price change	-14.08%
6M total return	-11.66%
All-time high	CNY 23.33
All-time high date	2010-11-11
All-time low	CNY 1.00
All-time low date	2005-07-12
Average true range (ATR)	CNY 0.24
Average volume	20.9M
Beta (1Y)	0.43
Beta (2Y)	0.46
Beta (5Y)	0.54
Change from 52-week high	-20.49%
Change from 52-week low	12.87%
Change from all-time high	-63.9%
Change from all-time low	742%
Change from open	0.84%
Day's gap	0.36%
Dollar volume	CNY 144.8M
High price	CNY 8.53
Low price	CNY 8.33
Monthly RSI	50.05
Open price	CNY 8.35
Position in 52-week range	45%
Previous close	CNY 8.32
Price vs 150-day SMA	-6.32%
Price vs 20-day SMA	-3.64%
Price vs 200-day SMA	-7.08%
Price vs 50-day SMA	-5.57%
Relative volume	0.8
RSI	41.18
Sharpe ratio	0.39
Sharpe ratio (3Y)	0.22
Sharpe ratio (5Y)	0.32
Sortino ratio	0.76
Sortino ratio (3Y)	0.52
Sortino ratio (5Y)	0.62
Volume	17.2M
Weekly RSI	45.49
YTD price change	1.94%
YTD total return	4.81%

Ownership and float

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

Metric	Value
Shares change (QoQ)	-3.2%
Shares change (YoY)	2.14%
Shares held by institutions	6.59%
Shares outstanding	3.6B

Deeper analysis on SHA/600348

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.

→

Frequently asked questions

About this SHA/600348 report

Is a complete SHA/600348 research report available?

No complete published report is available for sha/600348 (SHA/600348) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

SHA/600348 (SHA/600348)

Price

Financial snapshot

Fair-value bridge

Latest news · SHA/600348

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All SHA/600348 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/600348

Frequently asked questions