SHA:600685 Statistics

Total Valuation

SHA:600685 has a market cap or net worth of CNY 28.07 billion. The enterprise value is 22.40 billion.

Market Cap	28.07B
Enterprise Value	22.40B

Important Dates

The next estimated earnings date is Friday, August 29, 2025.

Earnings Date	Aug 29, 2025
Ex-Dividend Date	Nov 22, 2024

Share Statistics

Current Share Class	821.44M
Shares Outstanding	n/a
Shares Change (YoY)	+0.06%
Shares Change (QoQ)	-0.04%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	n/a
Float	601.78M

Valuation Ratios

The trailing PE ratio is 51.38.

PE Ratio	51.38
Forward PE	n/a
PS Ratio	1.39
PB Ratio	1.37
P/TBV Ratio	1.73
P/FCF Ratio	20.70
P/OCF Ratio	17.91
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 53.75, with an EV/FCF ratio of 16.52.

EV / Earnings	41.00
EV / Sales	1.13
EV / EBITDA	53.75
EV / EBIT	n/a
EV / FCF	16.52

Financial Position

The company has a current ratio of 1.19, with a Debt / Equity ratio of 0.30.

Current Ratio	1.19
Quick Ratio	0.71
Debt / Equity	0.30
Debt / EBITDA	14.64
Debt / FCF	4.58
Interest Coverage	-0.35

Financial Efficiency

Return on equity (ROE) is 3.22% and return on invested capital (ROIC) is -0.10%.

Return on Equity (ROE)	3.22%
Return on Assets (ROA)	-0.05%
Return on Invested Capital (ROIC)	-0.10%
Return on Capital Employed (ROCE)	-0.16%
Revenue Per Employee	3.24M
Profits Per Employee	87,585
Employee Count	6,238
Asset Turnover	0.38
Inventory Turnover	2.81

Taxes

Income Tax	-77.09M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +2.07% in the last 52 weeks. The beta is 1.00, so SHA:600685's price volatility has been similar to the market average.

Beta (5Y)	1.00
52-Week Price Change	+2.07%
50-Day Moving Average	24.60
200-Day Moving Average	24.38
Relative Strength Index (RSI)	68.85
Average Volume (20 Days)	13,408,011

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, SHA:600685 had revenue of CNY 20.24 billion and earned 546.35 million in profits. Earnings per share was 0.39.

Revenue	20.24B
Gross Profit	1.51B
Operating Income	-40.88M
Pretax Income	589.87M
Net Income	546.35M
EBITDA	340.57M
EBIT	-40.88M
Earnings Per Share (EPS)	0.39

Full Income Statement

Balance Sheet

The company has 15.37 billion in cash and 6.21 billion in debt, giving a net cash position of 9.16 billion.

Cash & Cash Equivalents	15.37B
Total Debt	6.21B
Net Cash	9.16B
Net Cash Per Share	n/a
Equity (Book Value)	20.50B
Book Value Per Share	12.11
Working Capital	5.61B

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 1.57 billion and capital expenditures -211.27 million, giving a free cash flow of 1.36 billion.

Operating Cash Flow	1.57B
Capital Expenditures	-211.27M
Free Cash Flow	1.36B
FCF Per Share	n/a

Full Cash Flow Statement

Margins

Gross margin is 7.48%, with operating and profit margins of -0.20% and 2.70%.

Gross Margin	7.48%
Operating Margin	-0.20%
Pretax Margin	2.91%
Profit Margin	2.70%
EBITDA Margin	1.68%
EBIT Margin	-0.20%
FCF Margin	6.70%

Dividends & Yields

This stock pays an annual dividend of 0.02, which amounts to a dividend yield of 0.09%.

Dividend Per Share	0.02
Dividend Yield	0.09%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	1
Payout Ratio	25.59%
Buyback Yield	-0.06%
Shareholder Yield	0.03%
Earnings Yield	1.95%
FCF Yield	4.83%

Dividend Details

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on July 20, 2011. It was a forward split with a ratio of 1.3.

Last Split Date	Jul 20, 2011
Split Type	Forward
Split Ratio	1.3

Scores

SHA:600685 has an Altman Z-Score of 1.07 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	1.07
Piotroski F-Score	6