CompanyGraph
What stands out
- Most companies in its industry are flow businesses; this one is a production business
At a glance
- Depends onMidstream position: 6 outgoing, 4 incoming connections
- ScaleMarket cap is $1.5B, above the global median of $1.15B
- PositionGross margin is 70.2%, higher than 95% of its Infrastructure Operations peers (median 37.7%)
- Interpretations5 currently firing — 5
What this company is and how it runs — written from structure, not news.
What stands out
- Most companies in its industry are flow businesses; this one is a production business
Sign in to view price data.
Sign inWhat the company actually pays, and whether its own cash supports it.
Dividends view
Yield
3.34%Below 5Y avg (3.39%)
Annual Rate
CNY 0.33Paid annual
Payout Ratio
55.6%Sustainable
Payback Period
29.2 yr
Last Ex-Dividend
May 19, 2026
The reported statements, read against the company's own industry.
Financials view
Market Capitalization
10.11BCNY1.50B · vs all stocks (USD)
Trailing P/E
11.51xvs Infrastructure Operations peers
Revenue (TTM)
1.54BCNY228.59M · vs all stocks (USD)
Profit Margin
57.67%vs Infrastructure Operations peers
Beta
0.5360xvs all stocks
52-Week Change
-13.20%vs all stocks
Market Capitalization
10.11BCNY1.50B · vs all stocks (USD)
Enterprise Value
11.66BCNY1.73B · vs all stocks (USD)
Trailing P/E
11.51xvs Infrastructure Operations peers
Forward P/E
11.24xvs Infrastructure Operations peers
Price to Sales (TTM)
6.60xvs Infrastructure Operations peers
Price to Book (MRQ)
0.9708xvs Infrastructure Operations peers
Enterprise to Revenue
7.57xvs Infrastructure Operations peers
Enterprise to EBITDA
12.51xvs Infrastructure Operations peers
Gross Margin
70.22%vs Infrastructure Operations peers
Profit Margin
57.67%vs Infrastructure Operations peers
Operating Margin
65.09%vs Infrastructure Operations peers
Return on Assets (TTM)
2.62%vs Infrastructure Operations peers
Return on Equity (TTM)
8.39%vs Infrastructure Operations peers
Revenue (TTM)
1.54BCNY228.59M · vs all stocks (USD)
Revenue per Share (TTM)
1.48CNYUpdated Aug 18, 2026Quarterly Revenue Growth
-2.90%vs Infrastructure Operations peers
Gross Profit (TTM)
1.05BCNY155.74M · vs all stocks (USD)
EBITDA (TTM)
1.25BCNY184.88M · vs all stocks (USD)
Net Income (TTM)
888.86MCNY131.82M · vs all stocks (USD)
Quarterly Earnings Growth (YoY)
29.80%vs Infrastructure Operations peers
Operating Cash Flow (TTM)
2.73BCNY405.48M · vs all stocks (USD)
Levered Free Cash Flow (TTM)
-625.40MCNY-92.75M · vs all stocks (USD)
Trailing Annual Dividend Rate
0.3250CNYUpdated Aug 18, 2026Trailing Annual Dividend Yield
3.34%vs all stocks
5-Year Average Dividend Yield
3.39%vs all stocks
Payout Ratio
55.56%vs Infrastructure Operations peers
Minority Interest (Equity)
100.41MCNYFY2025 · Dec 31, 2025Revenue
1.55BCNYFY2025 · Dec 31, 2025Cost of Goods Sold
497.28MCNYFY2025 · Dec 31, 2025Gross Profit
1.05BCNYFY2025 · Dec 31, 2025Operating Income
941.90MCNY139.68M · vs all stocks (USD)
Pre-tax Income
984.39MCNYFY2025 · Dec 31, 2025Income Tax Expense
182.96MCNYFY2025 · Dec 31, 2025Net Income
801.43MCNYFY2025 · Dec 31, 2025EBIT
1.05BCNYFY2025 · Dec 31, 2025EBITDA (Income Statement)
1.58BCNYFY2025 · Dec 31, 2025Research & Development
4.29MCNYFY2025 · Dec 31, 2025Selling, General & Administrative
22.38MCNYFY2025 · Dec 31, 2025Other Operating Expenses
10.59MCNYFY2025 · Dec 31, 2025Non-operating Interest Income
52.28MCNYFY2025 · Dec 31, 2025Non-operating Interest Expense
63.50MCNYFY2025 · Dec 31, 2025Net Income from Continuing Operations
801.43MCNYFY2025 · Dec 31, 2025Minority Interests (P&L)
22.07MCNYFY2025 · Dec 31, 2025Preferred Stock Dividends
0.00CNYFY2025 · Dec 31, 2025Operating Cash Flow
1.99BCNYFY2025 · Dec 31, 2025Free Cash Flow
618.71MCNYFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
2.81BCNYFY2025 · Dec 31, 2025Starting Profit (CF Statement)
801.43MCNYFY2025 · Dec 31, 2025Other Non-cash Items
75.96MCNYFY2025 · Dec 31, 2025Change in Accounts Receivable (CF)
1.17BCNYFY2025 · Dec 31, 2025Change in Other Assets/Liabilities
-65.57MCNYFY2025 · Dec 31, 2025Capital Expenditures
-1.37BCNYFY2025 · Dec 31, 2025Purchase of Investments
-807.47MCNYFY2025 · Dec 31, 2025Sale of Investments
1.21BCNYFY2025 · Dec 31, 2025Other Investing Activity
-531.96KCNYFY2025 · Dec 31, 2025Net Investing Cash Flow
-960.95MCNYFY2025 · Dec 31, 2025Long-term Debt Issuance
1.10BCNYFY2025 · Dec 31, 2025Long-term Debt Payments
-3.25BCNYFY2025 · Dec 31, 2025Common Dividends Paid
-665.41MCNYFY2025 · Dec 31, 2025Other Financing Charges
-1.08MCNYFY2025 · Dec 31, 2025Net Financing Cash Flow
-2.82BCNYFY2025 · Dec 31, 2025Shares Outstanding
1.04BSharesUpdated Aug 18, 2026Float Shares
313.67MSharesUpdated Aug 18, 2026% Held by Insiders
70.87%vs all stocks
% Held by Institutions
1.46%vs all stocks
Total Cash (MRQ)
2.94BCNY435.55M · vs all stocks (USD)
Total Cash per Share (MRQ)
2.83CNYUpdated Aug 18, 2026Total Debt (MRQ)
4.34BCNY643.56M · vs all stocks (USD)
Total Debt to Equity (MRQ)
0.4107xvs Infrastructure Operations peers
Current Ratio (MRQ)
2.27xvs Infrastructure Operations peers
Book Value per Share (MRQ)
10.07CNYUpdated Aug 18, 2026Total Assets
15.76BCNY2.34B · vs all stocks (USD)
Total Current Assets
4.78BCNYFY2025 · Dec 31, 2025Total Liabilities
5.47BCNYFY2025 · Dec 31, 2025Total Non-current Assets
10.98BCNYFY2025 · Dec 31, 2025Total Non-current Liabilities
3.59BCNYFY2025 · Dec 31, 2025Total Current Liabilities
1.89BCNYFY2025 · Dec 31, 2025Cash
2.81BCNYFY2025 · Dec 31, 2025Cash Equivalents
1.95MCNYFY2025 · Dec 31, 2025Cash & Cash Equivalents
2.81BCNYFY2025 · Dec 31, 2025Other Short-term Investments
61.75MCNYFY2025 · Dec 31, 2025Accounts Receivable
46.91MCNYFY2025 · Dec 31, 2025Accounts Payable
159.03MCNYFY2025 · Dec 31, 2025Short-term Debt
1.14BCNYFY2025 · Dec 31, 2025Other Current Liabilities
1.47MCNYFY2025 · Dec 31, 2025Long-term Debt
3.52BCNYFY2025 · Dec 31, 2025Other Non-current Liabilities
8.94MCNYFY2025 · Dec 31, 2025Common Stock (Book)
1.04BCNYFY2025 · Dec 31, 2025Retained Earnings
6.52BCNYFY2025 · Dec 31, 2025Total Shareholders' Equity
10.29BCNY1.53B · vs all stocks (USD)
52-Week Low
9.15CNYUpdated Aug 18, 202652-Week High
12.59CNYUpdated Aug 18, 202652-Week Change
-13.20%vs all stocks
Beta
0.5360xvs all stocks
50-Day MA
9.82CNYUpdated Aug 18, 2026200-Day MA
10.49CNYUpdated Aug 18, 2026Avg 10-Day Volume
5.08MSharesUpdated Aug 18, 2026Avg 30-Day Volume
5.81MSharesUpdated Aug 18, 2026Diluted EPS (TTM)
0.8500CNYUpdated Aug 18, 20265 interpretations currently present — each is a set of fired observations whose alignment reads as one structural pattern. Click an observation to see the numbers behind it.
Screen for these patternsIs this company financially stable?
Retained Earnings Heavy With Elevated Payout
Profits kept in the business fund much of what it owns, and it now pays out most of what it earns.
Reads
How does this company use capital?
Three Margin Ratios Elevated Across Gross, Operating, And Cash-Conversion Levels
Its gross margin and its cash margin are high for its industry, and its operating margin is high outright.
Reads
Three Margin Ratios Elevated Across Gross, Operating, And Net Levels
Its gross and net margins are high for its industry, and its operating margin is high outright.
Reads
How is this stock valued?
Close Below 40W SMA With Profitability
The price sits below its 40-week average, on three profitable years and cash above profit.
Reads
High Retained Earnings With Profitability And Equity
Profits kept in the business fund much of what it owns, after five straight profitable years.
Reads
An interpretation is present only while every observation it reads stays fired (score ≥ 70). It describes what the aligned readings show — never a verdict, never a prediction.
Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Peer Positioning
Gross margin is 70.2%, higher than 95% of its Infrastructure Operations peers (median 37.7%)Significant
Gross margin: 0.70Industry median: 0.38Industry P95: 0.67Peers compared: 27.00
Operating margin is 65.1%, higher than 95% of its Infrastructure Operations peers (median 28.5%)Significant
Operating margin: 0.65Industry median: 0.29Industry P95: 0.59Peers compared: 27.00
Profit margin is 57.7%, higher than 95% of its Infrastructure Operations peers (median 20.2%)Significant
Profit margin: 0.58Industry median: 0.20Industry P95: 0.54Peers compared: 27.00
Structural Tensions
Most companies in its industry are flow businesses; this one is a production businessSignificant
Industry peers: 47.00Share on the common pattern %: 77.00
Financial Health
Altman Z-Score 2.23: grey zoneSignificant
Altman Z-Score: 2.23
High structural barrier to entryNotable
Barrier to Entry: 0.63
Supply Chain
Midstream position: 6 outgoing, 4 incoming connectionsNotable
Outgoing: 6.00Incoming: 4.00
High connectivity hub: 10 industry connectionsNotable
Total Connections: 10.00
Scale
Market cap is $1.5B, above the global median of $1.15BNotable
Market cap (USD): 1,499,980,399.236Global Median: 1,146,734,693.424
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Companies that share active interpretations — structural patterns currently present in both stocks.
Beijing Strong Biotechnologies, Inc.
5 interpretationsThree Margin Ratios Elevated Across Gross, Operating, And Net LevelsRetained Earnings Heavy With Elevated PayoutClose Below 40W SMA With ProfitabilityHigh Retained Earnings With Profitability And EquityThree Margin Ratios Elevated Across Gross, Operating, And Cash-Conversion Levels
Jiangsu Zhengdan Chemical Co., Ltd.
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Sinofibers Technology Co., Ltd.
4 interpretationsThree Margin Ratios Elevated Across Gross, Operating, And Net LevelsClose Below 40W SMA With ProfitabilityHigh Retained Earnings With Profitability And EquityThree Margin Ratios Elevated Across Gross, Operating, And Cash-Conversion Levels