SHE/002948 (SHE/002948)

Shenzhen Stock Exchange: SHE/002948 · CNY

CN¥5.86

+0.02 (+0.3%)· Recorded snapshot

Market cap	30B
Revenue (ttm)	12.1B
Net income (ttm)	5.5B
EPS (ttm)	CN¥0.92
P/E (trailing)	6.4x
Dividend	CN¥0.18 (3.07%)
Volume	27,549,177
Beta	0.90

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 12.1B
Net income (ttm): 5.5B
EPS (ttm): CN¥0.92
P/E (trailing): 6.4x
Market cap: 30B

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/E6.4

P25 n/aP50 n/aP75 n/a

ROE11.8

P25 n/aP50 n/aP75 n/a

ROICn/a

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All SHE/002948 indicators

Market & fundamental data

Available fields

195

Groups with data

Currency

CNY

Showing 195 of 195 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	2026-10-28
Employees	5,493
Employees change	259
Employees growth	4.88%
Exchange	Shenzhen Stock Exchange
Financial currency	CNY
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Founded	1996
Industry	Banks - Regional
Is primary listing	No
ISIN number	CNE100003K38
Last earnings date	2026-10-28
Last refreshed	2026-10-28
Market cap	CNY 30B
Next earnings date	2026-10-28
Price	CNY 5.86
Price currency	CNY
Sector	Financials
SIC code	6020
Stock price date	2026-10-28
Symbol	she/002948
Website	https://www.qdccb.com

Valuation

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

Metric	Value
Average P/E ratio (10Y)	9.45x
Average P/E ratio (3Y)	5.08x
Average P/E ratio (5Y)	5.92x
Earnings yield	15.74%
FCF yield	60.65%
Graham number	15.92413
Graham upside	171.74%
Industry forward P/E	6.2x
Industry P/E	6.51x
Lynch fair value	CNY 22.19
Lynch upside	278.61%
P/B ratio	0.56x
P/E ratio	6.35x
P/FCF ratio	1.65x
P/OCF ratio	1.61x
P/S ratio	2.46x
Price / tangible book value	0.58x
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	18.71%
FCF margin	149.46%
Operating margin	59.66%
Pretax margin	59.96%
Profit margin	47.34%
Profit per employee	CNY 1M
Profitable quarters	36
Profitable years	18
Revenue per employee	CNY 2.2M
ROA	0.74%
ROA (5Y)	0.65%
ROE	11.79%
ROE (5Y)	9.92%
Tax / revenue	11.22%

Growth

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

Metric	Value
EPS growth	22.82%
EPS growth (Q)	18.25%
EPS growth (QoQ)	38.74%
EPS growth 10Y	5.55%
EPS growth 3Y	23.76%
EPS growth 5Y	14.45%
EPS growth quarters	14
EPS growth years	3
FCF growth 5Y	4.06%
Net income growth	22.48%
Net income growth (Q)	15.93%
Net income growth (QoQ)	37.41%
Net income growth 3Y	23.99%
Net income growth 5Y	20.54%
Net income growth quarters	14
Net income growth years	8
OCF growth 5Y	3.39%
Revenue growth	19.71%
Revenue growth (Q)	18.76%
Revenue growth (QoQ)	21.3%
Revenue growth 10Y	9.59%
Revenue growth 3Y	16.39%
Revenue growth 5Y	12.35%
Revenue growth quarters	4
Revenue growth years	16

Financial statements

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

Metric	Value
Capital expenditures	CNY -472.9M
EPS	CNY 0.92
Financing cash flow	CNY 9B
Free cash flow	CNY 18.1B
Gross profit	CNY 12B
Income taxes	CNY 1.4B
Investing cash flow	CNY -38.7B
Net borrowing	CNY 1.7B
Net cash flow	CNY -11.2B
Net income	CNY 5.5B
Operating income	CNY 7.2B
Revenue	CNY 12.1B

Financial strength

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

Metric	Value
Book value per share	CNY 7.51
Debt / equity	3.82
Debt / FCF	11.21
Net cash (debt)	CNY -98.3B
Net cash / market cap	-328.71%
Net debt / equity	1.85
Net debt / FCF	5.42
Piotroski F-Score	4
Property, plant and equipment	CNY 4B
Shareholders' equity	CNY 53.2B
Tangible book value	CNY 51.7B
Tangible book value per share	CNY 7.45
Total assets	CNY 848.4B
Total cash	CNY 105B
Total debt	CNY 203.3B
Total liabilities	CNY 795.2B
WACC	1.18%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Working capital	CNY -650.4B

Dividends and buybacks

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

Metric	Value
Dividend growth	12.5%
Dividend growth (3Y)	4%
Dividend growth (5Y)	0%
Dividend growth years	0
Dividend payment date	2026-06-24
Dividend payment years	8
Dividend payout frequency	Annual
Dividend per share	CNY 0.18
Dividend yield	3.07%
Ex-dividend date	2026-06-24
Last dividend	CNY 0.18
Payout ratio	23.15%
Shareholder yield	3.07%

Performance and technicals

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

Metric	Value
150-day SMA	CNY 5.69
1D price change	0.34%
1M price change	-2.98%
1M total return	-2.98%
1W price change	0.17%
1W total return	0.17%
1Y price change	12.26%
1Y return CAGR	15.94%
1Y total return	15.93%
20-day SMA	CNY 5.95
200-day SMA	CNY 5.51
3M price change	1.74%
3M total return	1.74%
3Y price change	77.04%
3Y return CAGR	25.51%
3Y total return	97.76%
50-day SMA	CNY 6.01
50-day SMA vs 200-day SMA	50over200
52-week high	CNY 6.42
52-week high date	2026-09-03
52-week low	CNY 4.19
52-week low date	2026-01-19
5Y price change	24.42%
5Y return CAGR	10.54%
5Y total return	65.02%
6M price change	5.59%
6M total return	9.04%
All-time high	CNY 9.11
All-time high date	2019-03-07
All-time low	CNY 2.92
All-time low date	2024-01-23
Average true range (ATR)	CNY 0.16
Average volume	39.8M
Beta (5Y)	0.9
Change from 52-week high	-8.72%
Change from 52-week low	39.86%
Change from all-time high	-35.68%
Change from all-time low	100.68%
Change from open	3.53%
Day's gap	-3.08%
Dollar volume	CNY 161.4M
High price	CNY 5.88
Low price	CNY 5.66
Monthly RSI	60.58
Open price	CNY 5.66
Position in 52-week range	90.91%
Previous close	CNY 5.84
Price vs 150-day SMA	2.99%
Price vs 20-day SMA	-1.53%
Price vs 200-day SMA	6.41%
Price vs 50-day SMA	-2.51%
Relative volume	0.69
RSI	46.08
Sharpe ratio	0.76
Sharpe ratio (3Y)	0.82
Sharpe ratio (5Y)	0.39
Sortino ratio	1.47
Sortino ratio (3Y)	1.54
Sortino ratio (5Y)	0.85
Volume	27.5M
Weekly RSI	53.65
YTD price change	30.8%
YTD total return	35.08%

Ownership and float

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

Metric	Value
Float	1.9B
Shares change (QoQ)	-1.43%
Shares held by insiders	0.01%
Shares held by institutions	11.69%

Deeper analysis on SHE/002948

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.

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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.

→

Frequently asked questions

About this SHE/002948 report

Is a complete SHE/002948 research report available?

No complete published report is available for she/002948 (SHE/002948) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

SHE/002948 (SHE/002948)

Price

Financial snapshot

Fair-value bridge

Latest news · SHE/002948

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All SHE/002948 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/002948

Frequently asked questions