SHA/900937 (SHA/900937)

Shanghai Stock Exchange: SHA/900937 · USD

$0.17

-0.00 (-1.7%)· Recorded snapshot

Market cap	33.8B
Revenue (ttm)	16.4B
Net income (ttm)	333.5M
EPS (ttm)	$0.05
P/E (trailing)	24.5x
Volume	764,400
Beta	-0.45

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 16.4B
Net income (ttm): 333.5M
EPS (ttm): $0.05
P/E (trailing): 24.5x
Market cap: 33.8B

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/E24.5

P25 n/aP50 n/aP75 n/a

ROE14.5

P25 n/aP50 n/aP75 n/a

ROIC4.8

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All SHA/900937 indicators

Market & fundamental data

Available fields

208

Groups with data

Currency

CNY

Showing 208 of 208 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	8,931
Employees change	-190
Employees growth	-2.14%
Enterprise value	$50.7B
Exchange	Shanghai Stock Exchange
Financial currency	CNY
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Founded	1993
Industry	Utilities - Independent Power Producers
Is primary listing	No
ISIN number	CNE000000K58
Last earnings date	2026-08-20
Last refreshed	2026-10-28
Last stock split date	2001-03-29
Last stock split type	Forward
Market cap	$33.8B
Next earnings date	2026-10-30
Price	$0.17
Price currency	USD
Sector	Utilities
SIC code	4911
Stock price date	2026-10-27
Symbol	sha/900937
Website	https://www.hdenergy.com

Valuation

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

Metric	Value
Average P/E ratio (3Y)	94.84x
Earnings yield	4.09%
EV/Earnings	151.91x
EV/EBIT	26.05x
EV/EBITDA	14.49x
EV/Sales	3.09x
FCF / EV yield	-1.23%
FCF yield	-1.85%
Graham number	0.03857
Graham upside	-77.71%
Industry P/E	16.46x
P/B ratio	4.46x
P/E ratio	24.46x
P/OCF ratio	10.32x
P/S ratio	2.06x
Price / tangible book value	426.85x
Price/EBITDA ratio	9.71x
Sector forward P/E	16.74x
Sector P/E	21.59x

Profitability

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

Metric	Value
EBIT margin	11.85%
EBITDA margin	21.24%
Effective tax rate	37.24%
Gross margin	18.34%
Operating margin	11.85%
Pretax margin	9.49%
Profit margin	2.03%
Profit per employee	$37,345
Profitable years	2
Revenue per employee	$1.8M
ROA	3.8%
ROA (5Y)	5.18%
ROCE	10.38%
ROE	14.52%
ROE (5Y)	16.21%
ROIC	4.82%
Tax / revenue	3.54%

Growth

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

Metric	Value
EPS growth 10Y	-0.22%
EPS growth quarters	3
EPS growth years	5
Net income growth quarters	3
Net income growth years	3
OCF growth	8.05%
OCF growth 10Y	2.09%
OCF growth 3Y	-7.22%
OCF growth 5Y	22.32%
Revenue growth	-4.28%
Revenue growth (Q)	-3.18%
Revenue growth (QoQ)	-39.5%
Revenue growth 10Y	6.12%
Revenue growth 3Y	-5.86%
Revenue growth 5Y	9.46%
Revenue growth years	0

Financial statements

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

Metric	Value
Capital expenditures	$-3.9B
EBIT	$1.9B
EBITDA	$3.5B
EPS	$0.05
Financing cash flow	$2.5B
Free cash flow	$-625.4M
Gross profit	$3B
Income taxes	$580M
Investing cash flow	$-3.8B
Net borrowing	$2.9B
Net cash flow	$2B
Net income	$333.5M
Operating income	$1.9B
Revenue	$16.4B

Financial strength

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

Metric	Value
Book value per share	$0.67
Debt / EBITDA	5.53
Debt / equity	2.55
Goodwill	$271M
Interest coverage	3.73
Long-term assets	$26.4B
Long-term liabilities	$11.1B
Net cash (debt)	$-14.5B
Net cash / market cap	-42.85%
Net debt / EBITDA	4.16
Net debt / equity	1.91
Piotroski F-Score	4
Property, plant and equipment	$17.9B
Shareholders' equity	$7.6B
Tangible book value	$79.3M
Tangible book value per share	$0.01
Total assets	$34.2B
Total cash	$4.8B
Total debt	$19.3B
Total liabilities	$26.6B
WACC	1.76%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.51
Current assets	$7.8B
Current liabilities	$15.5B
Current ratio	0.5
Inventory turnover	12.44
Net working capital	$-2B
Quick ratio	0.42
Working capital	$-7.7B
Working capital turnover	-2.41

Dividends and buybacks

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

Metric	Value
Buyback yield / dilution	13.29%
Dividend growth (10Y)	-14.45%
Dividend growth (3Y)	-47.98%
Dividend growth (5Y)	-27.75%
Dividend per share	$0.00
Last dividend	$0.02
Payout ratio	119.08%
Shareholder yield	13.29%

Performance and technicals

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

Metric	Value
10Y price change	-66.01%
10Y return CAGR	-10.23%
10Y total return	-66.01%
150-day SMA	$0.21
15Y price change	-43.83%
15Y return CAGR	-3.77%
15Y total return	-43.83%
1D price change	-1.7%
1M price change	-11.73%
1M total return	-11.73%
1W price change	-8.47%
1W total return	-8.47%
20-day SMA	$0.19
200-day SMA	$0.20
20Y price change	-33.97%
20Y return CAGR	-1.98%
20Y total return	-33.02%
3M price change	-17.22%
3M total return	-17.22%
3Y price change	30.08%
3Y return CAGR	9.16%
3Y total return	30.08%
50-day SMA	$0.20
50-day SMA vs 200-day SMA	50over200
52-week high	$0.27
52-week high date	2026-05-29
52-week low	$0.15
52-week low date	2025-12-19
5Y price change	-6.49%
5Y return CAGR	-1.33%
5Y total return	-6.49%
6M price change	-4.95%
6M total return	-4.95%
All-time high	$1.07
All-time high date	2007-05-15
All-time low	$0.10
All-time low date	2019-12-03
Average true range (ATR)	$0.01
Average volume	902.2K
Beta (5Y)	-0.45
Change from 52-week high	-34.96%
Change from 52-week low	14.57%
Change from all-time high	-83.85%
Change from all-time low	74.75%
Change from open	-2.26%
Day's gap	0.57%
Dollar volume	$132,241
High price	$0.18
Low price	$0.17
Monthly RSI	48.72
Open price	$0.18
Position in 52-week range	0%
Previous close	$0.18
Price vs 150-day SMA	-15.61%
Price vs 20-day SMA	-8.66%
Price vs 200-day SMA	-11.28%
Price vs 50-day SMA	-12.93%
Relative volume	0.83
RSI	24.52
Sharpe ratio	0.17
Sharpe ratio (3Y)	0.24
Sharpe ratio (5Y)	0.15
Sortino ratio	0.42
Sortino ratio (3Y)	0.55
Sortino ratio (5Y)	0.39
Volume	764.4K
Weekly RSI	39.82
YTD price change	12.34%
YTD total return	12.34%

Ownership and float

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

Metric	Value
Float	1.5B
Shares change (QoQ)	24.74%
Shares change (YoY)	-13.29%
Shares held by insiders	0.07%
Shares held by institutions	1.99%

Deeper analysis on SHA/900937

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/900937 report

Is a complete SHA/900937 research report available?

No complete published report is available for sha/900937 (SHA/900937) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

SHA/900937 (SHA/900937)

Price

Financial snapshot

Fair-value bridge

Latest news · SHA/900937

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All SHA/900937 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/900937

Frequently asked questions