SHA/600638 (SHA/600638)

Shanghai Stock Exchange: SHA/600638 · CNY

CN¥4.65

+0.02 (+0.4%)· Recorded snapshot

Market cap	3.1B
Revenue (ttm)	2.4B
Net income (ttm)	177.8M
EPS (ttm)	CN¥0.26
Shares out	673.4M
P/E (trailing)	17.6x
Dividend	CN¥0.03 (0.67%)
Volume	5,785,600
Beta	0.87

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 2.4B
Net income (ttm): 177.8M
EPS (ttm): CN¥0.26
P/E (trailing): 17.6x
Market cap: 3.1B

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/En/a

P25 n/aP50 n/aP75 n/a

Trailing P/E17.6

P25 n/aP50 n/aP75 n/a

ROE5.1

P25 n/aP50 n/aP75 n/a

ROIC9.5

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All SHA/600638 indicators

Market & fundamental data

Available fields

249

Groups with data

Currency

CNY

Showing 249 of 249 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	744
Employees change	-27
Employees growth	-3.5%
Enterprise value	CNY -2B
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	Real Estate - Development
Is primary listing	Yes
ISIN number	CNE0000005M6
Last earnings date	2026-08-29
Last refreshed	2026-10-28
Last stock split date	2018-07-12
Last stock split type	Forward
Market cap	CNY 3.1B
Next earnings date	2026-10-31
Price	CNY 4.65
Price currency	CNY
Sector	Real Estate
SIC code	6500
Stock price date	2026-10-28
Symbol	sha/600638
Website	https://www.600638.com

Valuation

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

Metric	Value
Average P/E ratio (10Y)	43.93x
Average P/E ratio (3Y)	59.49x
Average P/E ratio (5Y)	53.76x
Earnings yield	5.68%
FCF / EV yield	-74.84%
FCF yield	48.97%
Graham number	6.47365
Graham upside	39.22%
Lynch fair value	CNY 1.32
Lynch upside	-71.61%
P/B ratio	0.63x
P/E ratio	17.61x
P/FCF ratio	2.04x
P/OCF ratio	1.85x
P/S ratio	1.28x
Price / tangible book value	0.66x
Price/EBITDA ratio	9.66x

Profitability

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

Metric	Value
EBIT margin	8.79%
EBITDA margin	13.3%
Effective tax rate	21.39%
FCF margin	62.91%
Gross margin	32.18%
Operating margin	8.79%
Pretax margin	13.14%
Profit margin	7.3%
Profit per employee	CNY 239,001
Profitable quarters	2
Profitable years	6
Revenue per employee	CNY 3.3M
ROA	0.63%
ROA (5Y)	0.57%
ROCE	2.62%
ROE	5.11%
ROE (5Y)	2.82%
ROIC	9.5%
ROIC (5Y)	5.85%
Tax / revenue	2.81%

Growth

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

Metric	Value
EPS growth	10.03%
EPS growth (Q)	205.41%
EPS growth (QoQ)	-46.84%
EPS growth 10Y	-2.33%
EPS growth 3Y	38.18%
EPS growth 5Y	-8.07%
EPS growth quarters	2
EPS growth years	0
FCF growth	32.38%
FCF growth (Q)	-51.92%
FCF growth (QoQ)	65.76%
FCF growth 3Y	-19.11%
FCF growth 5Y	-9.02%
Gross profit growth	0.65%
Gross profit growth (Q)	-1.93%
Gross profit growth 3Y	-4.84%
Gross profit growth 5Y	6.44%
Net income growth	10.01%
Net income growth (Q)	205.81%
Net income growth (QoQ)	-46.84%
Net income growth 3Y	38.22%
Net income growth 5Y	-8.07%
Net income growth quarters	2
Net income growth years	0
OCF growth	11.18%
OCF growth (Q)	-54.9%
OCF growth (QoQ)	63.63%
OCF growth 3Y	-16.82%
OCF growth 5Y	-7.37%
Operating income growth	-34.84%
Operating income growth (Q)	-77.35%
Operating income growth 3Y	8.95%
Operating income growth 5Y	11.57%
Revenue growth	-23.7%
Revenue growth (Q)	-19.49%
Revenue growth (QoQ)	-25.52%
Revenue growth 10Y	6.52%
Revenue growth 3Y	-22.09%
Revenue growth 5Y	5.94%
Revenue growth years	0

Financial statements

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

Metric	Value
Capital expenditures	CNY -159.8M
Depreciation and amortization	CNY 109.8M
EBIT	CNY 214.3M
EBITDA	CNY 324.1M
EPS	CNY 0.26
FCF per share	CNY 2.28
Financing cash flow	CNY 61.9M
Free cash flow	CNY 1.5B
Gross profit	CNY 784.3M
Income taxes	CNY 68.5M
Investing cash flow	CNY 334.1M
Net borrowing	CNY 297.8M
Net cash flow	CNY 2.1B
Net income	CNY 177.8M
Operating income	CNY 214.3M
Revenue	CNY 2.4B

Financial strength

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

Metric	Value
Altman Z-Score	0.64
Book value per share	CNY 7.05
Debt / EBITDA	9.8
Debt / equity	0.65
Debt / FCF	2.12
Interest coverage	1.53
Long-term assets	CNY 5.2B
Long-term liabilities	CNY 3.2B
Net cash (debt)	CNY 5.4B
Net cash / market cap	173.73%
Net cash growth	74.97%
Net debt / EBITDA	-16.79
Net debt / equity	-1.09
Net debt / FCF	-3.55
Piotroski F-Score	7
Property, plant and equipment	CNY 664.8M
Shareholders' equity	CNY 5B
Tangible book value	CNY 4.7B
Tangible book value per share	CNY 7.05
Total assets	CNY 22.3B
Total cash	CNY 8.7B
Total debt	CNY 3.3B
Total liabilities	CNY 17.3B
WACC	6.15%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.12
Current assets	CNY 17.1B
Current liabilities	CNY 14.1B
Current ratio	1.21
Inventory turnover	1.17
Net working capital	CNY -5B
Quick ratio	0.66
Working capital	CNY 2.9B
Working capital turnover	1.07

Dividends and buybacks

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

Metric	Value
Dividend growth	-16.22%
Dividend growth (10Y)	-11.76%
Dividend growth (3Y)	6.04%
Dividend growth (5Y)	-23.72%
Dividend growth years	2
Dividend payment date	2026-07-10
Dividend payment years	6
Dividend payout frequency	Annual
Dividend per share	CNY 0.03
Dividend yield	0.67%
Ex-dividend date	2026-07-10
FCF payout ratio	1.36%
Last dividend	CNY 0.03
Payout ratio	86.71%
Shareholder yield	0.67%

Performance and technicals

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

Metric	Value
10Y price change	-61.49%
10Y return CAGR	-7.92%
10Y total return	-56.18%
150-day SMA	CNY 5.28
15Y price change	-34.28%
15Y return CAGR	-1.65%
15Y total return	-22.08%
1D price change	0.43%
1M price change	-8.1%
1M total return	-8.1%
1W price change	-2.52%
1W total return	-2.52%
1Y price change	-24.02%
1Y return CAGR	-23.5%
1Y total return	-23.48%
20-day SMA	CNY 4.95
200-day SMA	CNY 5.68
20Y price change	24.57%
20Y return CAGR	2.13%
20Y total return	52.39%
3M price change	3.56%
3M total return	3.56%
3Y price change	-17.7%
3Y return CAGR	-5.63%
3Y total return	-15.96%
50-day SMA	CNY 4.97
50-day SMA vs 200-day SMA	50under200
52-week high	CNY 7.62
52-week high date	2026-02-02
52-week low	CNY 4.29
52-week low date	2026-06-29
5Y price change	-4.32%
5Y return CAGR	-0.17%
5Y total return	-0.87%
6M price change	-24.88%
6M total return	-24.35%
All-time high	CNY 26.85
All-time high date	2007-08-30
All-time low	CNY 2.44
All-time low date	1994-07-29
Average true range (ATR)	CNY 0.17
Average volume	11.8M
Beta (1Y)	0.64
Beta (2Y)	0.74
Beta (5Y)	0.87
Change from 52-week high	-38.98%
Change from 52-week low	8.39%
Change from all-time high	-82.68%
Change from all-time low	90.97%
Change from open	-0.21%
Day's gap	0.65%
Dollar volume	CNY 26.9M
High price	CNY 4.69
Low price	CNY 4.61
Monthly RSI	43.07
Open price	CNY 4.66
Position in 52-week range	50%
Previous close	CNY 4.63
Price vs 150-day SMA	-11.85%
Price vs 20-day SMA	-6%
Price vs 200-day SMA	-18.19%
Price vs 50-day SMA	-6.34%
Relative volume	0.47
RSI	37.59
Sharpe ratio	-0.67
Sharpe ratio (3Y)	-0.1
Sharpe ratio (5Y)	0.08
Sortino ratio	-0.77
Sortino ratio (3Y)	-0
Sortino ratio (5Y)	0.27
Volume	5.8M
Weekly RSI	39.71
YTD price change	-28.13%
YTD total return	-27.62%

Ownership and float

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

Metric	Value
Float	456.6M
Shares change (QoQ)	0.01%
Shares held by institutions	9.74%
Shares outstanding	673.4M

Deeper analysis on SHA/600638

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.

→

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.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Frequently asked questions

About this SHA/600638 report

Is a complete SHA/600638 research report available?

No complete published report is available for sha/600638 (SHA/600638) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

SHA/600638 (SHA/600638)

Price

Financial snapshot

Fair-value bridge

Latest news · SHA/600638

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All SHA/600638 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/600638

Frequently asked questions