SHE/000938 (SHE/000938)

Shenzhen Stock Exchange: SHE/000938 · CNY

CN¥25.2

+0.53 (+2.1%)· Recorded snapshot

Market cap	72B
Revenue (ttm)	112.8B
Net income (ttm)	2.8B
EPS (ttm)	CN¥0.98
Shares out	2.9B
P/E (trailing)	25.6x
P/E (forward)	21.4x
Dividend	CN¥0.07 (0.26%)
Volume	87,572,820
Beta	0.69

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 112.8B
Net income (ttm): 2.8B
EPS (ttm): CN¥0.98
P/E (trailing): 25.6x
P/E (forward): 21.4x
Market cap: 72B

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/E21.4

P25 n/aP50 n/aP75 n/a

Trailing P/E25.6

P25 n/aP50 n/aP75 n/a

ROE18.3

P25 n/aP50 n/aP75 n/a

ROIC8

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All SHE/000938 indicators

Market & fundamental data

Available fields

258

Groups with data

Currency

CNY

Showing 258 of 258 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	16,253
Employees change	-989
Employees growth	-5.74%
Enterprise value	CNY 95.9B
Exchange	Shenzhen Stock Exchange
Financial currency	CNY
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Founded	1999
Industry	Electronics & Computer Distribution
Is primary listing	Yes
ISIN number	CNE0000010T1
Last earnings date	2026-08-29
Last refreshed	2026-10-28
Last stock split date	2020-08-25
Last stock split type	Forward
Market cap	CNY 72B
Next earnings date	2026-10-30
Price	CNY 25.18
Price currency	CNY
Sector	Technology
SIC code	5045
Stock price date	2026-10-28
Symbol	she/000938
Website	https://www.thunis.com

Valuation

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

Metric	Value
Average P/E ratio (10Y)	40.24x
Average P/E ratio (3Y)	38.63x
Average P/E ratio (5Y)	35.12x
Earnings yield	3.9%
EV/Earnings	34.1x
EV/EBIT	24.58x
EV/EBITDA	20.71x
EV/FCF	66.79x
EV/Sales	0.85x
FCF / EV yield	1.5%
FCF yield	1.99%
Forward P/E	21.37x
Graham number	11.75581
Graham upside	-53.31%
Industry P/E	31.02x
Lynch fair value	CNY 8.22
Lynch upside	-67.34%
P/B ratio	3.62x
P/E ratio	25.61x
P/FCF ratio	50.17x
P/OCF ratio	34.39x
P/S ratio	0.64x
Price / tangible book value	8,952.12x
Price/EBITDA ratio	16.79x
Sector forward P/E	21.51x
Sector P/E	60.86x

Profitability

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

Metric	Value
EBIT margin	3.46%
EBITDA margin	3.8%
Effective tax rate	12.05%
FCF margin	1.27%
Gross margin	12.72%
Operating margin	3.46%
Pretax margin	3.42%
Profit margin	2.49%
Profit per employee	CNY 172,988
Profitable quarters	6
Profitable years	20
Revenue per employee	CNY 6.9M
ROA	2.36%
ROA (5Y)	2.71%
ROCE	10.38%
ROE	18.32%
ROE (5Y)	10.13%
ROIC	7.98%
ROIC (5Y)	9.7%
Tax / revenue	0.41%

Growth

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

Metric	Value
EPS growth	74.33%
EPS growth (Q)	99.26%
EPS growth (QoQ)	75.01%
EPS growth 10Y	11.15%
EPS growth 3Y	8.18%
EPS growth 5Y	8.36%
EPS growth quarters	3
EPS growth years	1
FCF growth	-32.79%
FCF growth 3Y	-20.41%
FCF growth 5Y	-12.89%
Gross profit growth	10.23%
Gross profit growth (Q)	14.5%
Gross profit growth 3Y	-0.74%
Gross profit growth 5Y	4%
Net income growth	74.31%
Net income growth (Q)	99.18%
Net income growth (QoQ)	75.03%
Net income growth 3Y	8.18%
Net income growth 5Y	8.37%
Net income growth quarters	3
Net income growth years	1
OCF growth	-26.37%
OCF growth 10Y	12.17%
OCF growth 3Y	-15.31%
OCF growth 5Y	-9.54%
Operating income growth	38.01%
Operating income growth (Q)	30.44%
Operating income growth 3Y	-1.06%
Operating income growth 5Y	7.17%
Revenue growth	27.51%
Revenue growth (Q)	33.4%
Revenue growth (QoQ)	26.96%
Revenue growth 10Y	20.89%
Revenue growth 3Y	14.23%
Revenue growth 5Y	11.58%
Revenue growth quarters	2
Revenue growth years	17

Financial statements

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

Metric	Value
Capital expenditures	CNY -658.5M
Depreciation and amortization	CNY 388.2M
EBIT	CNY 3.9B
EBITDA	CNY 4.3B
EPS	CNY 0.98
FCF per share	CNY 0.50
Financing cash flow	CNY -2.2B
Free cash flow	CNY 1.4B
Gross profit	CNY 14.4B
Income taxes	CNY 464.9M
Investing cash flow	CNY -500.2M
Net borrowing	CNY 2.8B
Net cash flow	CNY -706.7M
Net income	CNY 2.8B
Operating income	CNY 3.9B
Revenue	CNY 112.8B

Financial strength

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

Metric	Value
Altman Z-Score	2.01
Book value per share	CNY 6.25
Debt / EBITDA	6.28
Debt / equity	1.46
Debt / FCF	20.26
Goodwill	CNY 14B
Interest coverage	3.59
Long-term assets	CNY 24.2B
Long-term liabilities	CNY 17.7B
Net cash (debt)	CNY -21.9B
Net cash / market cap	-30.36%
Net debt / EBITDA	5.1
Net debt / equity	1.1
Net debt / FCF	15.23
Piotroski F-Score	6
Property, plant and equipment	CNY 3.1B
Shareholders' equity	CNY 19.9B
Tangible book value	CNY 8M
Tangible book value per share	CNY 0.00
Total assets	CNY 109.1B
Total cash	CNY 7.2B
Total debt	CNY 29.1B
Total liabilities	CNY 89.3B
WACC	6.68%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	1.09
Current assets	CNY 84.9B
Current liabilities	CNY 71.6B
Current ratio	1.19
Inventory turnover	2.08
Net working capital	CNY 24.5B
Quick ratio	0.4
Working capital	CNY 13.4B
Working capital turnover	10.72

Dividends and buybacks

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

Metric	Value
Buyback yield / dilution	0.01%
Dividend growth	-13.33%
Dividend growth (10Y)	24.46%
Dividend growth (3Y)	-13.38%
Dividend growth (5Y)	-8.25%
Dividend growth years	0
Dividend payment date	2026-06-12
Dividend payment years	3
Dividend payout frequency	Annual
Dividend per share	CNY 0.07
Dividend yield	0.26%
Ex-dividend date	2026-06-12
FCF payout ratio	12.95%
Last dividend	CNY 0.07
Payout ratio	31.69%
Shareholder yield	0.26%

Performance and technicals

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

Metric	Value
10Y price change	11.44%
10Y return CAGR	1.43%
10Y total return	15.23%
150-day SMA	CNY 31.41
15Y price change	450.5%
15Y return CAGR	12.38%
15Y total return	476.1%
1D price change	2.15%
1M price change	-24.61%
1M total return	-24.61%
1W price change	-3.08%
1W total return	-3.08%
1Y price change	-11.83%
1Y return CAGR	-11.62%
1Y total return	-11.61%
20-day SMA	CNY 27.99
200-day SMA	CNY 29.92
20Y price change	731.57%
20Y return CAGR	11.52%
20Y total return	784.82%
3M price change	-39.28%
3M total return	-39.28%
3Y price change	27.88%
3Y return CAGR	8.96%
3Y total return	29.36%
50-day SMA	CNY 32.64
50-day SMA vs 200-day SMA	50over200
52-week high	CNY 45.80
52-week high date	2026-07-23
52-week low	CNY 23.23
52-week low date	2026-03-09
5Y price change	-5.59%
5Y return CAGR	-0.81%
5Y total return	-3.99%
6M price change	-21.78%
6M total return	-21.58%
All-time high	CNY 50.84
All-time high date	2015-06-17
All-time low	CNY 1.95
All-time low date	2005-07-19
Average true range (ATR)	CNY 1.24
Average volume	98.5M
Beta (1Y)	0.83
Beta (2Y)	0.85
Beta (5Y)	0.69
Change from 52-week high	-45.02%
Change from 52-week low	8.39%
Change from all-time high	-50.47%
Change from all-time low	1,193.94%
Change from open	0.76%
Day's gap	1.38%
Dollar volume	CNY 2.2B
High price	CNY 25.45
Low price	CNY 24.75
Monthly RSI	47.04
Open price	CNY 24.99
Position in 52-week range	61.43%
Previous close	CNY 24.65
Price vs 150-day SMA	-19.82%
Price vs 20-day SMA	-10.03%
Price vs 200-day SMA	-15.83%
Price vs 50-day SMA	-22.86%
Relative volume	0.89
RSI	29.96
Sharpe ratio	0.02
Sharpe ratio (3Y)	0.17
Sharpe ratio (5Y)	0.1
Sortino ratio	0.13
Sortino ratio (3Y)	0.38
Sortino ratio (5Y)	0.28
Volume	87.6M
Weekly RSI	40.68
YTD price change	2.36%
YTD total return	2.62%

Ownership and float

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

Metric	Value
Float	2B
Shares change (QoQ)	0.01%
Shares change (YoY)	-0.01%
Shares held by institutions	17.25%
Shares outstanding	2.9B

Deeper analysis on SHE/000938

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.

→

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 SHE/000938 report

Is a complete SHE/000938 research report available?

No complete published report is available for she/000938 (SHE/000938) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

SHE/000938 (SHE/000938)

Price

Financial snapshot

Fair-value bridge

Latest news · SHE/000938

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All SHE/000938 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 SHE/000938

Frequently asked questions