SHA/600000 (SHA/600000)

Shanghai Stock Exchange: SHA/600000 · CNY

CN¥9.85

+0.03 (+0.3%)· Recorded snapshot

Market cap	328.1B
Revenue (ttm)	109.8B
Net income (ttm)	47B
EPS (ttm)	CN¥1.42
Shares out	33.3B
P/E (trailing)	6.9x
P/E (forward)	6.5x
Dividend	CN¥0.42 (4.26%)
Volume	64,727,635
Beta	0.07

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 109.8B
Net income (ttm): 47B
EPS (ttm): CN¥1.42
P/E (trailing): 6.9x
P/E (forward): 6.5x
Market cap: 328.1B

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/E6.5

P25 n/aP50 n/aP75 n/a

Trailing P/E6.9

P25 n/aP50 n/aP75 n/a

ROE6.3

P25 n/aP50 n/aP75 n/a

ROICn/a

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All SHA/600000 indicators

Market & fundamental data

Available fields

222

Groups with data

Currency

CNY

Showing 222 of 222 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	2026-10-31
Employees	62,204
Employees change	6
Employees growth	0.01%
Exchange	Shanghai Stock Exchange
Financial currency	CNY
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Founded	1992
Industry	Banks - Regional
Is primary listing	Yes
ISIN number	CNE0000011B7
Last earnings date	2026-08-28
Last refreshed	2026-10-28
Last stock split date	2017-05-25
Last stock split type	Forward
Market cap	CNY 328.1B
Next earnings date	2026-10-31
Price	CNY 9.85
Price currency	CNY
Sector	Financials
SIC code	6020
Stock price date	2026-10-28
Symbol	sha/600000
Website	https://www.spdb.com.cn

Valuation

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

Metric	Value
Adjusted P/E ratio	6.94x
Average P/E ratio (10Y)	6.22x
Average P/E ratio (3Y)	7.43x
Average P/E ratio (5Y)	6.44x
Earnings yield	14.4%
FCF yield	225.66%
Forward P/E	6.46x
Graham number	26.8706
Graham upside	172.8%
Industry forward P/E	6.21x
Industry P/E	6.51x
Lynch fair value	CNY 7.09
Lynch upside	-28.02%
P/B ratio	0.39x
P/E ratio	6.95x
P/FCF ratio	0.44x
P/OCF ratio	0.43x
P/S ratio	2.99x
PEG ratio	2.26x
Price / tangible book value	0.42x
Sector forward P/E	6.55x
Sector P/E	7.36x

Profitability

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

Metric	Value
Effective tax rate	8.5%
FCF margin	674.32%
Operating margin	51.47%
Pretax margin	51.63%
Profit margin	46.66%
Profit per employee	CNY 756,165
Profitable quarters	100
Profitable years	30
Revenue per employee	CNY 1.8M
ROA	0.52%
ROA (5Y)	0.54%
ROE	6.32%
ROE (5Y)	6.69%
Tax / revenue	4.39%

Growth

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

Metric	Value
EPS growth	7.53%
EPS growth (Q)	-0.65%
EPS growth (QoQ)	-28.8%
EPS growth 10Y	-2.97%
EPS growth 3Y	4.42%
EPS growth 5Y	-4.39%
EPS growth years	2
FCF growth	1,327.82%
FCF growth (Q)	41.12%
FCF growth (QoQ)	256.39%
FCF growth 3Y	29.44%
Net income growth	6.72%
Net income growth (Q)	7.83%
Net income growth (QoQ)	-27.82%
Net income growth 3Y	6.64%
Net income growth 5Y	-3.47%
Net income growth quarters	10
Net income growth years	2
OCF growth	980.34%
OCF growth (Q)	40.01%
OCF growth (QoQ)	240.78%
OCF growth 10Y	48.99%
OCF growth 3Y	29.64%
Revenue growth	5.82%
Revenue growth (Q)	3%
Revenue growth (QoQ)	-20.28%
Revenue growth 10Y	-0.29%
Revenue growth 3Y	1.75%
Revenue growth 5Y	-1.61%
Revenue growth years	0

Financial statements

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

Metric	Value
Capital expenditures	CNY -18.6B
EPS	CNY 1.42
FCF per share	CNY 22.23
Financing cash flow	CNY -472.2B
Free cash flow	CNY 740.3B
Gross profit	CNY 109.8B
Income taxes	CNY 4.8B
Investing cash flow	CNY -247.6B
Net borrowing	CNY -425.9B
Net cash flow	CNY 33.8B
Net income	CNY 47B
Operating income	CNY 56.5B
Revenue	CNY 109.8B

Financial strength

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

Metric	Value
Book value per share	CNY 22.63
Debt / equity	2.05
Debt / FCF	2.32
Goodwill	CNY 5.4B
Net cash (debt)	CNY -34B
Net cash / market cap	-10.37%
Net debt / equity	0.04
Net debt / FCF	0.05
Piotroski F-Score	4
Property, plant and equipment	CNY 76B
Shareholders' equity	CNY 840.7B
Tangible book value	CNY 789.6B
Tangible book value per share	CNY 22.21
Total assets	CNY 10.4T
Total cash	CNY 1.7T
Total debt	CNY 1.7T
Total liabilities	CNY 9.6T
WACC	0.74%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Working capital	CNY -6.5T

Dividends and buybacks

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

Metric	Value
Buyback yield / dilution	-2.71%
Dividend growth	2.44%
Dividend growth (10Y)	0.59%
Dividend growth (3Y)	9.49%
Dividend growth (5Y)	-2.64%
Dividend growth years	2
Dividend payment date	2026-07-16
Dividend payment years	25
Dividend payout frequency	Annual
Dividend per share	CNY 0.42
Dividend yield	4.26%
Ex-dividend date	2026-07-16
FCF payout ratio	1.89%
Last dividend	CNY 0.42
Payout ratio	80.83%
Shareholder yield	1.56%

Performance and technicals

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

Metric	Value
10Y price change	-20.91%
10Y return CAGR	1.33%
10Y total return	14.13%
150-day SMA	CNY 9.36
15Y price change	52.1%
15Y return CAGR	7.05%
15Y total return	177.89%
1D price change	0.31%
1M price change	9.44%
1M total return	9.44%
1W price change	0.92%
1W total return	0.92%
1Y price change	-24.06%
1Y return CAGR	-20.48%
1Y total return	-20.47%
20-day SMA	CNY 9.55
200-day SMA	CNY 9.66
20Y price change	215.81%
20Y return CAGR	9.38%
20Y total return	501.31%
3M price change	8.84%
3M total return	8.84%
3Y price change	40.92%
3Y return CAGR	16.38%
3Y total return	57.65%
50-day SMA	CNY 9.32
50-day SMA vs 200-day SMA	50under200
52-week high	CNY 13.07
52-week high date	2025-10-28
52-week low	CNY 8.49
52-week low date	2026-06-30
5Y price change	9.57%
5Y return CAGR	6.22%
5Y total return	35.22%
6M price change	5.24%
6M total return	10.21%
All-time high	CNY 14.80
All-time high date	2025-07-07
All-time low	CNY 1.46
All-time low date	2005-06-02
Average true range (ATR)	CNY 0.20
Average volume	76.9M
Beta (1Y)	-0.21
Beta (2Y)	0.02
Beta (5Y)	0.07
Change from 52-week high	-24.64%
Change from 52-week low	16.02%
Change from all-time high	-33.45%
Change from all-time low	576.05%
Change from open	0.51%
Day's gap	-0.2%
Dollar volume	CNY 637.6M
High price	CNY 9.93
Low price	CNY 9.73
Monthly RSI	49.33
Open price	CNY 9.80
Position in 52-week range	60%
Previous close	CNY 9.82
Price vs 150-day SMA	5.25%
Price vs 20-day SMA	3.16%
Price vs 200-day SMA	1.95%
Price vs 50-day SMA	5.7%
Relative volume	0.85
RSI	63.86
Sharpe ratio	-1.06
Sharpe ratio (3Y)	0.61
Sharpe ratio (5Y)	0.18
Sortino ratio	-1.17
Sortino ratio (3Y)	1.17
Sortino ratio (5Y)	0.56
Volume	64.7M
Weekly RSI	54.21
YTD price change	-20.82%
YTD total return	-17.08%

Ownership and float

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

Metric	Value
Float	12.4B
Shares change (QoQ)	0.33%
Shares change (YoY)	2.71%
Shares held by institutions	15.31%
Shares outstanding	33.3B

Deeper analysis on SHA/600000

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.

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Frequently asked questions

About this SHA/600000 report

Is a complete SHA/600000 research report available?

No complete published report is available for sha/600000 (SHA/600000) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

SHA/600000 (SHA/600000)

Price

Financial snapshot

Fair-value bridge

Latest news · SHA/600000

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All SHA/600000 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/600000

Frequently asked questions