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SHA/601123 (SHA/601123)

Shanghai Stock Exchange: SHA/601123 · CNY

CN¥14.3

-0.09 (-0.6%)· Recorded snapshot

Market cap	17.7B
Revenue (ttm)	2.1B
Net income (ttm)	674.7M
EPS (ttm)	CN¥0.60
Shares out	1.2B
P/E (trailing)	23.8x
P/E (forward)	25.0x
Volume	6,555,967

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 2.1B
Net income (ttm): 674.7M
EPS (ttm): CN¥0.60
P/E (trailing): 23.8x
P/E (forward): 25.0x
Market cap: 17.7B

Metric	Value
Amount currency	CNY
Country	China
Country code	CN
Earnings date	2026-11-26
Employees	711
Employees change	-10
Employees growth	-1.39%
Enterprise value	CNY 15.5B
Exchange	Shanghai Stock Exchange
Financial currency	CNY
Financial report date	2025-12-31
First seen	2026-09-02
Fiscal year end	December
Founded	1995
Industry	Steel
Is primary listing	Yes
Last refreshed	2026-10-28
Market cap	CNY 17.7B
Next earnings date	2026-11-26
Price	CNY 14.31
Price currency	CNY
Sector	Materials
SIC code	1000
Stock price date	2026-10-28
Symbol	sha/601123
Website	https://www.mkky.cn

Metric

Value

Amount currency

CNY

Country

China

Country code

Earnings date

2026-11-26

Employees

711

Employees change

-10

Employees growth

-1.39%

Enterprise value

CNY 15.5B

Exchange

Shanghai Stock Exchange

Financial currency

CNY

Financial report date

2025-12-31

First seen

2026-09-02

Fiscal year end

December

Founded

1995

Industry

Steel

Is primary listing

Yes

Last refreshed

2026-10-28

Market cap

CNY 17.7B

Next earnings date

2026-11-26

Price

CNY 14.31

Price currency

CNY

Sector

Materials

SIC code

1000

Stock price date

2026-10-28

Symbol

sha/601123

Website

https://www.mkky.cn

Metric	Value
Earnings yield	4.2%
EV/Earnings	23.15x
EV/EBIT	17.53x
EV/EBITDA	13.36x
EV/FCF	21.71x
EV/Sales	7.49x
FCF / EV yield	4.61%
FCF yield	4.05%
Forward P/E	25.04x
Graham number	7.79655
Graham upside	-45.33%
Industry forward P/E	13.31x
Industry P/E	51.07x
P/B ratio	3.49x
P/E ratio	23.82x
P/FCF ratio	24.72x
P/OCF ratio	18.75x
P/S ratio	8.53x
Price / tangible book value	4.06x
Price/EBITDA ratio	15.22x
Sector forward P/E	10.97x
Sector P/E	21.34x

Metric

Value

Earnings yield

4.2%

EV/Earnings

23.15x

EV/EBIT

17.53x

EV/EBITDA

13.36x

EV/FCF

21.71x

EV/Sales

7.49x

FCF / EV yield

4.61%

FCF yield

4.05%

Forward P/E

25.04x

Graham number

7.79655

Graham upside

-45.33%

Industry forward P/E

13.31x

Industry P/E

51.07x

P/B ratio

3.49x

P/E ratio

23.82x

P/FCF ratio

24.72x

P/OCF ratio

18.75x

P/S ratio

8.53x

Price / tangible book value

4.06x

Price/EBITDA ratio

15.22x

Sector forward P/E

10.97x

Sector P/E

21.34x

Metric	Value
EBIT margin	42.74%
EBITDA margin	56.04%
Effective tax rate	25.5%
FCF margin	34.5%
Gross margin	53.26%
Operating margin	42.74%
Pretax margin	43.44%
Profit margin	32.37%
Profit per employee	CNY 935,837
Revenue per employee	CNY 2.9M
ROCE	17.05%
ROIC	22.7%
Tax / revenue	11.08%

Metric

Value

EBIT margin

42.74%

EBITDA margin

56.04%

Effective tax rate

25.5%

FCF margin

34.5%

Gross margin

53.26%

Operating margin

42.74%

Pretax margin

43.44%

Profit margin

32.37%

Profit per employee

CNY 935,837

Revenue per employee

CNY 2.9M

ROCE

17.05%

ROIC

22.7%

Tax / revenue

11.08%

Metric	Value
EPS growth	-8.98%
EPS growth (QoQ)	0%
FCF growth	-2.39%
FCF growth (QoQ)	0%
Gross profit growth	-4.6%
Net income growth	2.37%
Net income growth (QoQ)	0%
OCF growth	-3.66%
OCF growth (QoQ)	0%
Operating income growth	-5.57%
Revenue growth	1.33%
Revenue growth (QoQ)	0%

Metric

Value

EPS growth

-8.98%

EPS growth (QoQ)

FCF growth

-2.39%

FCF growth (QoQ)

Gross profit growth

-4.6%

Net income growth

2.37%

Net income growth (QoQ)

OCF growth

-3.66%

OCF growth (QoQ)

Operating income growth

-5.57%

Revenue growth

1.33%

Revenue growth (QoQ)

Metric	Value
Capital expenditures	CNY -228.9M
Depreciation and amortization	CNY 277.3M
EBIT	CNY 891.1M
EBITDA	CNY 1.2B
EPS	CNY 0.60
FCF per share	CNY 0.58
Financing cash flow	CNY 693.5M
Free cash flow	CNY 719.2M
Gross profit	CNY 1.1B
Income taxes	CNY 230.9M
Investing cash flow	CNY -824.4M
Net borrowing	CNY -81.3M
Net cash flow	CNY 817.3M
Net income	CNY 674.7M
Operating income	CNY 891.1M
Revenue	CNY 2.1B

Metric

Value

Capital expenditures

CNY -228.9M

Depreciation and amortization

CNY 277.3M

EBIT

CNY 891.1M

EBITDA

CNY 1.2B

EPS

CNY 0.60

FCF per share

CNY 0.58

Financing cash flow

CNY 693.5M

Free cash flow

CNY 719.2M

Gross profit

CNY 1.1B

Income taxes

CNY 230.9M

Investing cash flow

CNY -824.4M

Net borrowing

CNY -81.3M

Net cash flow

CNY 817.3M

Net income

CNY 674.7M

Operating income

CNY 891.1M

Revenue

CNY 2.1B

Metric	Value
Book value per share	CNY 4.50
Debt / EBITDA	0
Debt / equity	0
Debt / FCF	0
Interest coverage	696.03
Long-term assets	CNY 4.7B
Long-term liabilities	CNY 116.9M
Net cash (debt)	CNY 2.2B
Net cash / market cap	12.19%
Net debt / EBITDA	-1.85
Net debt / equity	-0.43
Net debt / FCF	-3.01
Piotroski F-Score	4
Property, plant and equipment	CNY 2.6B
Shareholders' equity	CNY 5.1B
Tangible book value	CNY 4.4B
Tangible book value per share	CNY 3.88
Total assets	CNY 5.7B
Total cash	CNY 2.2B
Total debt	CNY 1.9M
Total liabilities	CNY 577.3M

Metric

Value

Book value per share

CNY 4.50

Debt / EBITDA

Debt / equity

Debt / FCF

Interest coverage

696.03

Long-term assets

CNY 4.7B

Long-term liabilities

CNY 116.9M

Net cash (debt)

CNY 2.2B

Net cash / market cap

12.19%

Net debt / EBITDA

-1.85

Net debt / equity

-0.43

Net debt / FCF

-3.01

Piotroski F-Score

Property, plant and equipment

CNY 2.6B

Shareholders' equity

CNY 5.1B

Tangible book value

CNY 4.4B

Tangible book value per share

CNY 3.88

Total assets

CNY 5.7B

Total cash

CNY 2.2B

Total debt

CNY 1.9M

Total liabilities

CNY 577.3M

Metric	Value
Current assets	CNY 928.7M
Current liabilities	CNY 460.5M
Current ratio	5.39
Net working capital	CNY -241.2M
Quick ratio	5.09
Working capital	CNY 1.9B

Metric

Value

Current assets

CNY 928.7M

Current liabilities

CNY 460.5M

Current ratio

5.39

Net working capital

CNY -241.2M

Quick ratio

5.09

Working capital

CNY 1.9B

Metric	Value
Buyback yield / dilution	-12.47%
Shareholder yield	-12.47%

Metric

Value

Buyback yield / dilution

-12.47%

Shareholder yield

-12.47%

Metric	Value
1D price change	-0.63%
1M price change	-19.7%
1M total return	-19.7%
1W price change	-2.98%
1W total return	-2.98%
20-day SMA	CNY 15.74
52-week high	CNY 30.01
52-week high date	2026-09-01
52-week low	CNY 6.65
52-week low date	2026-08-31
All-time high	CNY 30.01
All-time high date	2026-09-01
All-time low	CNY 6.65
All-time low date	2026-08-28
Average true range (ATR)	CNY 1.19
Average volume	13.5M
Beta (1Y)	2.18
Change from 52-week high	-52.32%
Change from 52-week low	115.19%
Change from all-time high	-52.32%
Change from all-time low	115.19%
Change from open	0.07%
Day's gap	-0.69%
Dollar volume	CNY 93.8M
High price	CNY 14.55
Low price	CNY 14.05
Monthly RSI	0
Open price	CNY 14.30
Position in 52-week range	52%
Previous close	CNY 14.40
Price vs 20-day SMA	-9.06%
Relative volume	0.42
RSI	51
Sharpe ratio	2.13
Sortino ratio	21.41
Volume	6.6M
Weekly RSI	0

Metric

Value

1D price change

-0.63%

1M price change

-19.7%

1M total return

-19.7%

1W price change

-2.98%

1W total return

-2.98%

20-day SMA

CNY 15.74

52-week high

CNY 30.01

52-week high date

2026-09-01

52-week low

CNY 6.65

52-week low date

2026-08-31

All-time high

CNY 30.01

All-time high date

2026-09-01

All-time low

CNY 6.65

All-time low date

2026-08-28

Average true range (ATR)

CNY 1.19

Average volume

13.5M

Beta (1Y)

2.18

Change from 52-week high

-52.32%

Change from 52-week low

115.19%

Change from all-time high

-52.32%

Change from all-time low

115.19%

Change from open

0.07%

Day's gap

-0.69%

Dollar volume

CNY 93.8M

High price

CNY 14.55

Low price

CNY 14.05

Monthly RSI

Open price

CNY 14.30

Position in 52-week range

52%

Previous close

CNY 14.40

Price vs 20-day SMA

-9.06%

Relative volume

0.42

RSI

Sharpe ratio

2.13

Sortino ratio

21.41

Volume

6.6M

Weekly RSI

Metric	Value
Float	111.2M
Shares change (QoQ)	0%
Shares change (YoY)	12.47%
Shares held by institutions	1%
Shares outstanding	1.2B

Metric

Value

Float

111.2M

Shares change (QoQ)

Shares change (YoY)

12.47%

Shares held by institutions

Shares outstanding

1.2B

SHA/601123 (SHA/601123)

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