SHA/600426 (SHA/600426)

Shanghai Stock Exchange: SHA/600426 · CNY

CN¥19.5

-0.04 (-0.2%)· Recorded snapshot

Market cap	53.5B
Revenue (ttm)	32.4B
Net income (ttm)	4.1B
EPS (ttm)	CN¥1.49
Shares out	2.7B
P/E (trailing)	13.1x
P/E (forward)	10.2x
Dividend	CN¥0.51 (2.62%)
Volume	22,514,690
Beta	0.53

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 32.4B
Net income (ttm): 4.1B
EPS (ttm): CN¥1.49
P/E (trailing): 13.1x
P/E (forward): 10.2x
Market cap: 53.5B

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/E10.2

P25 n/aP50 n/aP75 n/a

Trailing P/E13.1

P25 n/aP50 n/aP75 n/a

ROE12.5

P25 n/aP50 n/aP75 n/a

ROIC10.4

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All SHA/600426 indicators

Market & fundamental data

Available fields

260

Groups with data

Currency

CNY

Showing 260 of 260 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	6,174
Employees change	141
Employees growth	2.34%
Enterprise value	CNY 63.9B
Exchange	Shanghai Stock Exchange
Financial currency	CNY
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Founded	2000
Industry	Chemicals
Is primary listing	Yes
ISIN number	CNE000001BM7
Last earnings date	2026-08-20
Last refreshed	2026-10-28
Last stock split date	2026-07-10
Last stock split type	Forward
Market cap	CNY 53.5B
Next earnings date	2026-10-30
Price	CNY 19.47
Price currency	CNY
Sector	Materials
SIC code	2870
Stock price date	2026-10-28
Symbol	sha/600426
Website	https://www.hl-hengsheng.com

Valuation

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

Metric	Value
Average P/E ratio (10Y)	14.89x
Average P/E ratio (3Y)	15.65x
Average P/E ratio (5Y)	13.95x
Earnings yield	7.63%
EV/Earnings	15.59x
EV/EBIT	11.77x
EV/EBITDA	7.25x
EV/FCF	50.19x
EV/Sales	1.97x
FCF / EV yield	1.99%
FCF yield	2.38%
Forward P/E	10.18x
Graham number	28.02589
Graham upside	43.94%
Industry forward P/E	12.44x
Industry P/E	24.34x
Lynch fair value	CNY 7.43
Lynch upside	-61.83%
P/B ratio	1.43x
P/E ratio	13.1x
P/FCF ratio	42.05x
P/OCF ratio	11.75x
P/S ratio	1.65x
Price / tangible book value	1.67x
Price/EBITDA ratio	6.08x
Sector forward P/E	10.97x
Sector P/E	21.34x

Profitability

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

Metric	Value
EBIT margin	16.77%
EBITDA margin	27.19%
Effective tax rate	13.39%
FCF margin	3.93%
Gross margin	22.27%
Operating margin	16.77%
Pretax margin	15.94%
Profit margin	12.67%
Profit per employee	CNY 664,010
Profitable quarters	98
Profitable years	27
Revenue per employee	CNY 5.2M
ROA	6.79%
ROA (5Y)	11.39%
ROCE	11.89%
ROE	12.51%
ROE (5Y)	19.83%
ROIC	10.36%
ROIC (5Y)	19.18%
Tax / revenue	2.13%

Growth

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

Metric	Value
EPS growth	11.59%
EPS growth (Q)	44.1%
EPS growth (QoQ)	105.43%
EPS growth 10Y	16.64%
EPS growth 3Y	5.55%
EPS growth 5Y	-2.7%
EPS growth quarters	3
EPS growth years	0
FCF growth (Q)	88.49%
FCF growth 5Y	21.22%
Gross profit growth	28.29%
Gross profit growth (Q)	46.6%
Gross profit growth 3Y	9.94%
Gross profit growth 5Y	2.92%
Net income growth	26.25%
Net income growth (Q)	43.43%
Net income growth (QoQ)	10.73%
Net income growth 3Y	5.52%
Net income growth 5Y	-2.68%
Net income growth quarters	3
Net income growth years	0
OCF growth	3.8%
OCF growth (Q)	28.57%
OCF growth (QoQ)	102.25%
OCF growth 10Y	9.45%
OCF growth 3Y	-2.59%
OCF growth 5Y	4.07%
Operating income growth	22.31%
Operating income growth (Q)	37.54%
Operating income growth 3Y	8.23%
Operating income growth 5Y	-0.67%
Revenue growth	-1.96%
Revenue growth (Q)	10.35%
Revenue growth (QoQ)	5.7%
Revenue growth 10Y	15.21%
Revenue growth 3Y	7.48%
Revenue growth 5Y	11.56%
Revenue growth quarters	2
Revenue growth years	0

Financial statements

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

Metric	Value
Capital expenditures	CNY -3.3B
Depreciation and amortization	CNY 3.4B
EBIT	CNY 5.4B
EBITDA	CNY 8.8B
EPS	CNY 1.49
FCF per share	CNY 0.46
Financing cash flow	CNY 113.1M
Free cash flow	CNY 1.3B
Gross profit	CNY 7.2B
Income taxes	CNY 690.9M
Investing cash flow	CNY -3.4B
Net borrowing	CNY 614.6M
Net cash flow	CNY 1.3B
Net income	CNY 4.1B
Operating income	CNY 5.4B
Revenue	CNY 32.4B

Financial strength

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

Metric	Value
Altman Z-Score	4.6
Book value per share	CNY 23.48
Debt / EBITDA	1.26
Debt / equity	0.3
Debt / FCF	8.69
Interest coverage	18.18
Long-term assets	CNY 40.7B
Long-term liabilities	CNY 8.2B
Net cash (debt)	CNY -7.8B
Net cash / market cap	-14.57%
Net debt / EBITDA	0.89
Net debt / equity	0.21
Net debt / FCF	6.13
Piotroski F-Score	7
Property, plant and equipment	CNY 35.7B
Shareholders' equity	CNY 37.5B
Tangible book value	CNY 32.1B
Tangible book value per share	CNY 21.59
Total assets	CNY 51.7B
Total cash	CNY 3.3B
Total debt	CNY 11.1B
Total liabilities	CNY 14.2B
WACC	6.35%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.65
Current assets	CNY 11B
Current liabilities	CNY 6B
Current ratio	1.83
Inventory turnover	14.86
Net working capital	CNY 4.7B
Quick ratio	1.01
Working capital	CNY 5B
Working capital turnover	8.84

Dividends and buybacks

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

Metric	Value
Buyback yield / dilution	-13.14%
Dividend growth	20.54%
Dividend growth (10Y)	27.33%
Dividend growth (3Y)	-6.07%
Dividend growth (5Y)	17.19%
Dividend growth years	0
Dividend payment date	2026-10-23
Dividend payment years	14
Dividend payout frequency	Semi-Annual
Dividend per share	CNY 0.51
Dividend yield	2.62%
Ex-dividend date	2026-10-23
FCF payout ratio	110.14%
Last dividend	CNY 0.26
Payout ratio	20.57%
Shareholder yield	-10.52%

Performance and technicals

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

Metric	Value
10Y price change	277.55%
10Y return CAGR	16.41%
10Y total return	356.95%
150-day SMA	CNY 22.53
15Y price change	466.32%
15Y return CAGR	14.11%
15Y total return	623.99%
1D price change	-0.21%
1M price change	-1.22%
1M total return	0.15%
1W price change	0.52%
1W total return	1.91%
1Y price change	2.64%
1Y return CAGR	6.17%
1Y total return	6.17%
20-day SMA	CNY 19.34
200-day SMA	CNY 23.90
20Y price change	1,161.01%
20Y return CAGR	15.05%
20Y total return	1,551%
3M price change	-8.33%
3M total return	-7.06%
3Y price change	-18.69%
3Y return CAGR	-4.06%
3Y total return	-11.7%
50-day SMA	CNY 20.10
50-day SMA vs 200-day SMA	50under200
52-week high	CNY 33.92
52-week high date	2026-03-09
52-week low	CNY 17.88
52-week low date	2026-07-10
5Y price change	-20.58%
5Y return CAGR	-1.87%
5Y total return	-9.01%
6M price change	-33.29%
6M total return	-31.66%
All-time high	CNY 33.92
All-time high date	2026-03-09
All-time low	CNY 0.75
All-time low date	2003-11-13
Average true range (ATR)	CNY 0.63
Average volume	24.7M
Beta (1Y)	0.03
Beta (2Y)	0.16
Beta (5Y)	0.53
Change from 52-week high	-42.61%
Change from 52-week low	8.89%
Change from all-time high	-42.61%
Change from all-time low	2,496%
Change from open	-0.56%
Day's gap	0.36%
Dollar volume	CNY 438.4M
High price	CNY 19.73
Low price	CNY 19.32
Monthly RSI	45.8
Open price	CNY 19.58
Position in 52-week range	36.59%
Previous close	CNY 19.51
Price vs 150-day SMA	-13.58%
Price vs 20-day SMA	0.66%
Price vs 200-day SMA	-18.53%
Price vs 50-day SMA	-3.14%
Relative volume	0.91
RSI	48.84
Sharpe ratio	0.17
Sharpe ratio (3Y)	-0.13
Sharpe ratio (5Y)	-0.05
Sortino ratio	0.4
Sortino ratio (3Y)	-0.02
Sortino ratio (5Y)	0.1
Volume	22.5M
Weekly RSI	41.63
YTD price change	-19.47%
YTD total return	-17.5%

Ownership and float

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

Metric	Value
Float	1.8B
Shares change (QoQ)	-46.1%
Shares change (YoY)	13.14%
Shares held by insiders	0.17%
Shares held by institutions	24.35%
Shares outstanding	2.7B

Deeper analysis on SHA/600426

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.

→

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.

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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/600426 report

Is a complete SHA/600426 research report available?

No complete published report is available for sha/600426 (SHA/600426) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

SHA/600426 (SHA/600426)

Price

Financial snapshot

Fair-value bridge

Latest news · SHA/600426

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All SHA/600426 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/600426

Frequently asked questions