SHA/600185 (SHA/600185)

Shanghai Stock Exchange: SHA/600185 · CNY

CN¥4.25

-0.06 (-1.4%)· Recorded snapshot

Market cap	8B
Revenue (ttm)	2.9B
Net income (ttm)	-720.3M
EPS (ttm)	-CN¥0.39
Shares out	1.9B
Volume	17,641,300
Beta	0.43

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 2.9B
Net income (ttm): -720.3M
EPS (ttm): -CN¥0.39
Market cap: 8B

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/En/a

P25 n/aP50 n/aP75 n/a

Trailing P/En/a

P25 n/aP50 n/aP75 n/a

ROE-13.8

P25 n/aP50 n/aP75 n/a

ROIC5.2

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All SHA/600185 indicators

Market & fundamental data

Available fields

223

Groups with data

Currency

CNY

Showing 223 of 223 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	867
Employees change	-933
Employees growth	-51.83%
Enterprise value	CNY 15.2B
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	Real Estate - Development
Is primary listing	Yes
ISIN number	CNE000000ZF2
Last earnings date	2026-08-29
Last refreshed	2026-10-28
Last stock split date	2016-05-26
Last stock split type	Forward
Market cap	CNY 8B
Next earnings date	2026-10-30
Price	CNY 4.25
Price currency	CNY
Sector	Real Estate
SIC code	6500
Stock price date	2026-10-28
Symbol	sha/600185
Website	https://zhzmgroup.com

Valuation

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

Metric	Value
Earnings yield	-9.26%
EV/EBIT	39.99x
EV/EBITDA	36x
EV/FCF	33.57x
EV/Sales	5.27x
FCF / EV yield	2.98%
FCF yield	5.64%
P/B ratio	5.98x
P/FCF ratio	17.72x
P/OCF ratio	16.66x
P/S ratio	2.78x
Price / tangible book value	305.85x
Price/EBITDA ratio	19.83x

Profitability

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

Metric	Value
EBIT margin	13.17%
EBITDA margin	14.03%
FCF margin	15.69%
Gross margin	31.68%
Operating margin	13.17%
Pretax margin	-2.25%
Profit margin	-25.01%
Profit per employee	CNY -830,808
Revenue per employee	CNY 3.3M
ROA	1.48%
ROA (5Y)	0.59%
ROCE	5.33%
ROE	-13.83%
ROE (5Y)	-12.23%
ROIC	5.15%
ROIC (5Y)	0.07%
Tax / revenue	8.89%

Growth

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

Metric	Value
EPS growth quarters	3
EPS growth years	1
FCF growth	1,107.08%
FCF growth (Q)	242.25%
FCF growth (QoQ)	-23.25%
FCF growth 3Y	-56.49%
FCF growth 5Y	-36.17%
Gross profit growth	-16.99%
Gross profit growth (Q)	-24.08%
Gross profit growth 5Y	-15.83%
Net income growth quarters	3
Net income growth years	1
OCF growth	300.2%
OCF growth (Q)	125.96%
OCF growth (QoQ)	-22.38%
OCF growth 10Y	-17.94%
OCF growth 3Y	-55.76%
OCF growth 5Y	-35.88%
Operating income growth	349.32%
Operating income growth (Q)	-7.6%
Operating income growth 5Y	-20.86%
Revenue growth	-24.54%
Revenue growth (Q)	-35.84%
Revenue growth (QoQ)	-25.2%
Revenue growth 10Y	-2.72%
Revenue growth 3Y	-8.39%
Revenue growth 5Y	-15.79%
Revenue growth years	0

Financial statements

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

Metric	Value
Capital expenditures	CNY -28.9M
Depreciation and amortization	CNY 24.5M
EBIT	CNY 379.5M
EBITDA	CNY 404M
EPS	CNY -0.39
FCF per share	CNY 0.24
Financing cash flow	CNY -1.6B
Free cash flow	CNY 452.1M
Gross profit	CNY 912.5M
Income taxes	CNY 256.1M
Investing cash flow	CNY 1.5B
Net borrowing	CNY 729.1M
Net cash flow	CNY 326.4M
Net income	CNY -720.3M
Operating income	CNY 379.5M
Revenue	CNY 2.9B

Financial strength

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

Metric	Value
Altman Z-Score	0.92
Book value per share	CNY 0.03
Debt / EBITDA	27.19
Debt / equity	8.56
Debt / FCF	25.35
Interest coverage	0.79
Long-term assets	CNY 4.5B
Long-term liabilities	CNY 5.8B
Net cash (debt)	CNY -5.9B
Net cash / market cap	-73.41%
Net debt / EBITDA	14.56
Net debt / equity	4.39
Net debt / FCF	13.01
Piotroski F-Score	6
Property, plant and equipment	CNY 300.9M
Shareholders' equity	CNY 1.3B
Tangible book value	CNY 26.2M
Tangible book value per share	CNY 0.01
Total assets	CNY 13.5B
Total cash	CNY 5.6B
Total debt	CNY 11.5B
Total liabilities	CNY 12.2B
WACC	4.67%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.18
Current assets	CNY 9B
Current liabilities	CNY 6.4B
Current ratio	1.41
Inventory turnover	0.4
Net working capital	CNY 2.8B
Quick ratio	1.16
Working capital	CNY 2.6B
Working capital turnover	1.12

Dividends and buybacks

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

Metric	Value
Buyback yield / dilution	1.19%
Dividend growth (10Y)	3.42%
Dividend growth (3Y)	-30.66%
Dividend growth (5Y)	37.97%
Dividend per share	CNY 0.00
Last dividend	CNY 0.10
Shareholder yield	1.19%

Performance and technicals

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

Metric	Value
10Y price change	-31.56%
10Y return CAGR	-2.86%
10Y total return	-25.2%
150-day SMA	CNY 5.08
15Y price change	114.76%
15Y return CAGR	6.31%
15Y total return	150.28%
1D price change	-1.39%
1M price change	-9.57%
1M total return	-9.57%
1W price change	-2.97%
1W total return	-2.97%
1Y price change	-34.51%
1Y return CAGR	-34.53%
1Y total return	-34.51%
20-day SMA	CNY 4.52
200-day SMA	CNY 5.52
20Y price change	399.06%
20Y return CAGR	9.2%
20Y total return	481.47%
3M price change	-7.81%
3M total return	-7.81%
3Y price change	-40.06%
3Y return CAGR	-15.68%
3Y total return	-40.06%
50-day SMA	CNY 4.72
50-day SMA vs 200-day SMA	50under200
52-week high	CNY 8.28
52-week high date	2026-02-09
52-week low	CNY 4.10
52-week low date	2026-10-23
5Y price change	-39.97%
5Y return CAGR	-9.4%
5Y total return	-38.94%
6M price change	-29.87%
6M total return	-29.87%
All-time high	CNY 18.10
All-time high date	2020-07-09
All-time low	CNY 0.61
All-time low date	2005-07-12
Average true range (ATR)	CNY 0.15
Average volume	20.6M
Beta (1Y)	0.45
Beta (2Y)	0.34
Beta (5Y)	0.43
Change from 52-week high	-48.67%
Change from 52-week low	3.66%
Change from all-time high	-76.52%
Change from all-time low	595.58%
Change from open	-1.62%
Day's gap	0.23%
Dollar volume	CNY 75M
High price	CNY 4.35
Low price	CNY 4.24
Monthly RSI	37.89
Open price	CNY 4.32
Position in 52-week range	9.09%
Previous close	CNY 4.31
Price vs 150-day SMA	-16.34%
Price vs 20-day SMA	-5.93%
Price vs 200-day SMA	-23.04%
Price vs 50-day SMA	-9.86%
Relative volume	0.84
RSI	35.16
Sharpe ratio	-0.85
Sharpe ratio (3Y)	-0.14
Sharpe ratio (5Y)	-0.15
Sortino ratio	-1.12
Sortino ratio (3Y)	-0.08
Sortino ratio (5Y)	-0.09
Volume	17.6M
Weekly RSI	36.05
YTD price change	-37.59%
YTD total return	-37.59%

Ownership and float

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

Metric	Value
Float	1B
Shares change (QoQ)	-21.3%
Shares change (YoY)	-1.19%
Shares held by insiders	0%
Shares held by institutions	3.27%
Shares outstanding	1.9B

Deeper analysis on SHA/600185

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/600185 report

Is a complete SHA/600185 research report available?

No complete published report is available for sha/600185 (SHA/600185) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

SHA/600185 (SHA/600185)

Price

Financial snapshot

Fair-value bridge

Latest news · SHA/600185

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All SHA/600185 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/600185

Frequently asked questions