Zheshang Securities Statistics

Total Valuation

SHA:601878 has a market cap or net worth of CNY 50.07 billion.

Market Cap	50.07B
Enterprise Value	n/a

Important Dates

The next estimated earnings date is Friday, April 10, 2026.

Earnings Date	Apr 10, 2026
Ex-Dividend Date	Aug 19, 2025

Share Statistics

SHA:601878 has 4.54 billion shares outstanding. The number of shares has increased by 7.27% in one year.

Current Share Class	4.54B
Shares Outstanding	4.54B
Shares Change (YoY)	+7.27%
Shares Change (QoQ)	-5.25%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	10.31%
Float	2.31B

Valuation Ratios

The trailing PE ratio is 19.49 and the forward PE ratio is 21.44. SHA:601878's PEG ratio is 1.25.

PE Ratio	19.49
Forward PE	21.44
PS Ratio	2.71
PB Ratio	1.07
P/TBV Ratio	1.42
P/FCF Ratio	14.70
P/OCF Ratio	13.36
PEG Ratio	1.25

Financial Ratio History

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	n/a
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 1.79, with a Debt / Equity ratio of 1.83.

Current Ratio	1.79
Quick Ratio	1.52
Debt / Equity	1.83
Debt / EBITDA	n/a
Debt / FCF	25.28
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 7.68%.

Return on Equity (ROE)	7.68%
Return on Assets (ROA)	1.61%
Return on Invested Capital (ROIC)	n/a
Return on Capital Employed (ROCE)	n/a
Revenue Per Employee	3.49M
Profits Per Employee	482,639
Employee Count	5,302
Asset Turnover	0.10
Inventory Turnover	n/a

Taxes

In the past 12 months, SHA:601878 has paid 643.35 million in taxes.

Income Tax	643.35M
Effective Tax Rate	18.01%

Stock Price Statistics

The stock price has decreased by -13.68% in the last 52 weeks. The beta is 0.66, so SHA:601878's price volatility has been lower than the market average.

Beta (5Y)	0.66
52-Week Price Change	-13.68%
50-Day Moving Average	11.38
200-Day Moving Average	11.27
Relative Strength Index (RSI)	44.00
Average Volume (20 Days)	25,150,031

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:601878 had revenue of CNY 18.48 billion and earned 2.56 billion in profits. Earnings per share was 0.57.

Revenue	18.48B
Gross Profit	13.03B
Operating Income	3.58B
Pretax Income	3.57B
Net Income	2.56B
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	0.57

Full Income Statement

Balance Sheet

The company has 116.57 billion in cash and 86.09 billion in debt, giving a net cash position of 30.48 billion or 6.72 per share.

Cash & Cash Equivalents	116.57B
Total Debt	86.09B
Net Cash	30.48B
Net Cash Per Share	6.72
Equity (Book Value)	46.99B
Book Value Per Share	8.06
Working Capital	80.78B

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 3.75 billion and capital expenditures -341.80 million, giving a free cash flow of 3.41 billion.

Operating Cash Flow	3.75B
Capital Expenditures	-341.80M
Free Cash Flow	3.41B
FCF Per Share	0.75

Full Cash Flow Statement

Margins

Gross margin is 70.48%, with operating and profit margins of 19.38% and 13.84%.

Gross Margin	70.48%
Operating Margin	19.38%
Pretax Margin	19.32%
Profit Margin	13.84%
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	18.42%

Dividends & Yields

This stock pays an annual dividend of 0.20, which amounts to a dividend yield of 1.85%.

Dividend Per Share	0.20
Dividend Yield	1.85%
Dividend Growth (YoY)	7.14%
Years of Dividend Growth	1
Payout Ratio	69.73%
Buyback Yield	-7.27%
Shareholder Yield	-5.42%
Earnings Yield	5.11%
FCF Yield	6.80%

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

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

Altman Z-Score	n/a
Piotroski F-Score	5