SHA/603650 (SHA/603650)

Shanghai Stock Exchange: SHA/603650 · CNY

CN¥47.6

+1.86 (+4.1%)· Recorded snapshot

Market cap	31.4B
Revenue (ttm)	3.9B
Net income (ttm)	600.7M
EPS (ttm)	CN¥0.97
Shares out	681.2M
P/E (trailing)	48.8x
P/E (forward)	42.1x
Dividend	CN¥0.50 (1.05%)
Volume	10,185,805
Beta	0.70

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 3.9B
Net income (ttm): 600.7M
EPS (ttm): CN¥0.97
P/E (trailing): 48.8x
P/E (forward): 42.1x
Market cap: 31.4B

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/E42.1

P25 n/aP50 n/aP75 n/a

Trailing P/E48.8

P25 n/aP50 n/aP75 n/a

ROE15.7

P25 n/aP50 n/aP75 n/a

ROIC4.5

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All SHA/603650 indicators

Market & fundamental data

Available fields

243

Groups with data

Currency

CNY

Showing 243 of 243 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	2026-10-28
Employees	1,297
Employees change	79
Employees growth	6.49%
Enterprise value	CNY 34.6B
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	Specialty Chemicals
Is primary listing	Yes
ISIN number	CNE1000036G1
Last earnings date	2026-10-28
Last refreshed	2026-10-28
Market cap	CNY 31.4B
Next earnings date	2026-10-28
Price	CNY 47.56
Price currency	CNY
Sector	Materials
SIC code	2820
Stock price date	2026-10-28
Symbol	sha/603650
Website	https://www.rachem.com

Valuation

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

Metric	Value
Average P/E ratio (10Y)	50.18x
Average P/E ratio (3Y)	46.75x
Average P/E ratio (5Y)	57.31x
Earnings yield	2.05%
EV/Earnings	57.58x
EV/EBIT	100.49x
EV/EBITDA	63.66x
EV/Sales	8.85x
FCF / EV yield	-0.67%
FCF yield	-0.74%
Forward P/E	42.09x
Graham number	12.25605
Graham upside	-74.23%
Industry forward P/E	13.8x
Industry P/E	29.94x
Lynch fair value	CNY 5.01
Lynch upside	-89.47%
P/(OCF - SBC) ratio	150.81x
P/B ratio	7.28x
P/E ratio	48.79x
P/OCF ratio	135.56x
P/S ratio	8.03x
Price / tangible book value	9.34x
Price/EBITDA ratio	58.81x
Sector forward P/E	10.92x
Sector P/E	21.08x

Profitability

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

Metric	Value
EBIT margin	8.8%
EBITDA margin	13.66%
Effective tax rate	4.42%
Gross margin	22.7%
Operating margin	8.8%
Pretax margin	16.27%
Profit margin	15.36%
Profit per employee	CNY 463,126
Profitable quarters	38
Profitable years	12
Revenue per employee	CNY 3M
ROA	2.34%
ROA (5Y)	2.12%
ROCE	5.9%
ROE	15.73%
ROE (5Y)	12.64%
ROIC	4.5%
ROIC (5Y)	4.47%
SBC / revenue	0.6%
Tax / revenue	0.72%

Growth

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

Metric	Value
EPS growth	4.96%
EPS growth (Q)	3.02%
EPS growth (QoQ)	9.84%
EPS growth 3Y	20.49%
EPS growth 5Y	4.31%
EPS growth quarters	2
EPS growth years	3
Gross profit growth	7.7%
Gross profit growth (Q)	23.32%
Gross profit growth 3Y	11.11%
Gross profit growth 5Y	6.12%
Net income growth	8.31%
Net income growth (Q)	8.37%
Net income growth (QoQ)	13.4%
Net income growth 3Y	21.21%
Net income growth 5Y	5.14%
Net income growth quarters	2
Net income growth years	3
OCF growth	10.65%
OCF growth (Q)	-85.43%
OCF growth (QoQ)	-16.4%
OCF growth 3Y	31.84%
OCF growth 5Y	-5.11%
Operating income growth	11.82%
Operating income growth (Q)	25.91%
Operating income growth 3Y	19.12%
Operating income growth 5Y	-2.29%
Revenue growth	16.78%
Revenue growth (Q)	36.16%
Revenue growth (QoQ)	3.68%
Revenue growth 3Y	13.23%
Revenue growth 5Y	11.44%
Revenue growth quarters	17
Revenue growth years	5

Financial statements

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

Metric	Value
Capital expenditures	CNY -462.9M
Depreciation and amortization	CNY 190M
EBIT	CNY 344.2M
EBITDA	CNY 534.2M
EPS	CNY 0.97
FCF per share	CNY -0.34
Financing cash flow	CNY -210.3M
Free cash flow	CNY -231.1M
Free cash flow minus SBC	CNY -254.5M
Gross profit	CNY 887.7M
Income taxes	CNY 28.2M
Investing cash flow	CNY -136.1M
Net borrowing	CNY 263.9M
Net cash flow	CNY -143.3M
Net income	CNY 600.7M
Operating cash flow minus SBC	CNY 208.3M
Operating income	CNY 344.2M
Revenue	CNY 3.9B
Stock-based compensation	CNY 23.4M

Financial strength

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

Metric	Value
Altman Z-Score	4.14
Book value per share	CNY 6.85
Debt / EBITDA	7.58
Debt / equity	0.95
Goodwill	CNY 437.4M
Interest coverage	3.37
Long-term assets	CNY 6.3B
Long-term liabilities	CNY 1.5B
Net cash (debt)	CNY -3.1B
Net cash / market cap	-9.73%
Net debt / EBITDA	5.72
Net debt / equity	0.71
Piotroski F-Score	5
Property, plant and equipment	CNY 2.6B
Shareholders' equity	CNY 4.3B
Tangible book value	CNY 3.4B
Tangible book value per share	CNY 5.49
Total assets	CNY 9.5B
Total cash	CNY 1.1B
Total debt	CNY 4.1B
Total liabilities	CNY 5.2B
WACC	7.42%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.43
Current assets	CNY 3.2B
Current liabilities	CNY 3.7B
Current ratio	0.88
Inventory turnover	5.53
Net working capital	CNY 1.3B
Quick ratio	0.69
Working capital	CNY -455M
Working capital turnover	59.63

Dividends and buybacks

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

Metric	Value
Buyback yield / dilution	-3.19%
Dividend growth	-33.33%
Dividend growth (3Y)	84.2%
Dividend growth (5Y)	8.02%
Dividend growth years	0
Dividend payment date	2026-06-01
Dividend payment years	8
Dividend payout frequency	Annual
Dividend per share	CNY 0.50
Dividend yield	1.05%
Ex-dividend date	2026-06-01
Last dividend	CNY 0.50
Payout ratio	66.96%
Shareholder yield	-2.14%

Performance and technicals

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

Metric	Value
150-day SMA	CNY 61.33
1D price change	4.07%
1M price change	-30.75%
1M total return	-30.75%
1W price change	-4.82%
1W total return	-4.82%
1Y price change	9.59%
1Y return CAGR	10.64%
1Y total return	10.64%
20-day SMA	CNY 54.91
200-day SMA	CNY 60.03
3M price change	-27.12%
3M total return	-27.12%
3Y price change	37.86%
3Y return CAGR	13.22%
3Y total return	45.15%
50-day SMA	CNY 60.88
50-day SMA vs 200-day SMA	50over200
52-week high	CNY 102.28
52-week high date	2026-07-01
52-week low	CNY 37.33
52-week low date	2025-11-14
5Y price change	-15.75%
5Y return CAGR	-2.27%
5Y total return	-10.84%
6M price change	-15.33%
6M total return	-14.52%
All-time high	CNY 102.28
All-time high date	2026-07-01
All-time low	CNY 14.20
All-time low date	2020-04-28
Average true range (ATR)	CNY 3.11
Average volume	11M
Beta (1Y)	0.3
Beta (2Y)	0.4
Beta (5Y)	0.7
Change from 52-week high	-53.5%
Change from 52-week low	27.4%
Change from all-time high	-53.5%
Change from all-time low	234.93%
Change from open	2.15%
Day's gap	1.88%
Dollar volume	CNY 484.4M
High price	CNY 47.78
Low price	CNY 45.38
Monthly RSI	49.79
Open price	CNY 46.56
Position in 52-week range	90.83%
Previous close	CNY 45.70
Price vs 150-day SMA	-22.45%
Price vs 20-day SMA	-13.39%
Price vs 200-day SMA	-20.77%
Price vs 50-day SMA	-21.88%
Relative volume	0.86
RSI	30.9
Sharpe ratio	0.36
Sharpe ratio (3Y)	0.49
Sharpe ratio (5Y)	0.09
Sortino ratio	0.65
Sortino ratio (3Y)	0.88
Sortino ratio (5Y)	0.26
Volume	10.2M
Weekly RSI	42.16
YTD price change	7.75%
YTD total return	8.78%

Ownership and float

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

Metric	Value
Float	286.7M
Shares change (QoQ)	3.24%
Shares change (YoY)	3.19%
Shares held by insiders	55.24%
Shares held by institutions	5.02%
Shares outstanding	681.2M

Deeper analysis on SHA/603650

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.

→

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/603650 report

Is a complete SHA/603650 research report available?

No complete published report is available for sha/603650 (SHA/603650) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

SHA/603650 (SHA/603650)

Price

Financial snapshot

Fair-value bridge

Latest news · SHA/603650

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All SHA/603650 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/603650

Frequently asked questions