CompanyGraph
At a glance
- Depends onMidstream position: 6 outgoing, 4 incoming connections
- ScaleMarket cap is $9B, above the global median of $1.15B
- FinancialsAltman Z-Score 1.52: grey zone
- Interpretations2 currently firing — 2
Sign in to view price data.
Sign inWhat the company actually pays, and whether its own cash supports it.
Dividends view
Yield
4.08%Below 5Y avg (4.45%)
Annual Rate
CNY 0.49Paid annual
Payout Ratio
52.0%Sustainable
Payback Period
24.3 yr
Last Ex-Dividend
Jul 13, 2026
The reported statements, read against the company's own industry.
Financials view
Market Capitalization
60.55BCNY9.00B · vs all stocks (USD)
Trailing P/E
12.79xvs Infrastructure Operations peers
Revenue (TTM)
20.04BCNY2.98B · vs all stocks (USD)
Profit Margin
23.70%vs Infrastructure Operations peers
Beta
0.4820xvs all stocks
52-Week Change
-13.28%vs all stocks
Market Capitalization
60.55BCNY9.00B · vs all stocks (USD)
Enterprise Value
107.18BCNY15.94B · vs all stocks (USD)
Trailing P/E
12.79xvs Infrastructure Operations peers
Forward P/E
12.45xvs Infrastructure Operations peers
PEG Ratio
1.00xPrice to Sales (TTM)
3.02xvs Infrastructure Operations peers
Price to Book (MRQ)
1.40xvs Infrastructure Operations peers
Enterprise to Revenue
5.35xvs Infrastructure Operations peers
Enterprise to EBITDA
12.90xvs Infrastructure Operations peers
Gross Margin
36.60%vs Infrastructure Operations peers
Profit Margin
23.70%vs Infrastructure Operations peers
Operating Margin
34.97%vs Infrastructure Operations peers
Return on Assets (TTM)
3.72%vs Infrastructure Operations peers
Return on Equity (TTM)
9.22%vs Infrastructure Operations peers
Revenue (TTM)
20.04BCNY2.98B · vs all stocks (USD)
Revenue per Share (TTM)
3.98CNYUpdated Aug 20, 2026Quarterly Revenue Growth
-5.30%vs Infrastructure Operations peers
Gross Profit (TTM)
6.10BCNY907.18M · vs all stocks (USD)
EBITDA (TTM)
7.25BCNY1.08B · vs all stocks (USD)
Net Income (TTM)
4.75BCNY706.22M · vs all stocks (USD)
Quarterly Earnings Growth (YoY)
12.80%vs Infrastructure Operations peers
Operating Cash Flow (TTM)
6.76BCNY1.01B · vs all stocks (USD)
Levered Free Cash Flow (TTM)
-711.96MCNY-105.88M · vs all stocks (USD)
Trailing Annual Dividend Rate
0.4900CNYUpdated Aug 20, 2026Trailing Annual Dividend Yield
4.08%vs all stocks
5-Year Average Dividend Yield
4.45%vs all stocks
Payout Ratio
51.98%vs Infrastructure Operations peers
Minority Interest (Equity)
13.54BCNYFY2025 · Dec 31, 2025Revenue
20.29BCNYFY2025 · Dec 31, 2025Cost of Goods Sold
14.19BCNYFY2025 · Dec 31, 2025Gross Profit
6.10BCNYFY2025 · Dec 31, 2025Operating Income
5.79BCNY861.26M · vs all stocks (USD)
Pre-tax Income
6.11BCNYFY2025 · Dec 31, 2025Income Tax Expense
1.28BCNYFY2025 · Dec 31, 2025Net Income
4.82BCNYFY2025 · Dec 31, 2025EBIT
6.94BCNYFY2025 · Dec 31, 2025EBITDA (Income Statement)
9.62BCNYFY2025 · Dec 31, 2025Research & Development
91.82KCNYFY2025 · Dec 31, 2025Selling, General & Administrative
85.56MCNYFY2025 · Dec 31, 2025Other Operating Expenses
88.66MCNYFY2025 · Dec 31, 2025Non-operating Interest Income
13.71MCNYFY2025 · Dec 31, 2025Non-operating Interest Expense
838.99MCNYFY2025 · Dec 31, 2025EPS (Basic)
0.9119CNYFY2025 · Dec 31, 2025EPS (Diluted)
0.9119CNYFY2025 · Dec 31, 2025Basic Shares Outstanding
5.04BSharesFY2025 · Dec 31, 2025Diluted Shares Outstanding
5.04BSharesFY2025 · Dec 31, 2025Net Income from Continuing Operations
4.82BCNYFY2025 · Dec 31, 2025Minority Interests (P&L)
-227.55MCNYFY2025 · Dec 31, 2025Preferred Stock Dividends
0.00CNYFY2025 · Dec 31, 2025Operating Cash Flow
5.52BCNYFY2025 · Dec 31, 2025Free Cash Flow
-2.08BCNYFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
605.16MCNYFY2025 · Dec 31, 2025Starting Profit (CF Statement)
4.82BCNYFY2025 · Dec 31, 2025Other Non-cash Items
855.81MCNYFY2025 · Dec 31, 2025Change in Accounts Receivable (CF)
-268.50MCNYFY2025 · Dec 31, 2025Change in Other Assets/Liabilities
106.84MCNYFY2025 · Dec 31, 2025Capital Expenditures
-7.59BCNYFY2025 · Dec 31, 2025Purchase of Investments
-11.68BCNYFY2025 · Dec 31, 2025Sale of Investments
13.96BCNYFY2025 · Dec 31, 2025Net Investing Cash Flow
-5.32BCNYFY2025 · Dec 31, 2025Long-term Debt Issuance
16.85BCNYFY2025 · Dec 31, 2025Long-term Debt Payments
-17.34BCNYFY2025 · Dec 31, 2025Common Dividends Paid
-3.32BCNYFY2025 · Dec 31, 2025Other Financing Charges
2.23BCNYFY2025 · Dec 31, 2025Net Financing Cash Flow
-1.58BCNYFY2025 · Dec 31, 2025Shares Outstanding
5.04BSharesUpdated Aug 20, 2026Float Shares
1.68BSharesUpdated Aug 20, 2026% Held by Insiders
87.31%vs all stocks
% Held by Institutions
3.21%vs all stocks
Total Cash (MRQ)
4.39BCNY652.65M · vs all stocks (USD)
Total Cash per Share (MRQ)
0.8710CNYUpdated Aug 20, 2026Total Debt (MRQ)
37.66BCNY5.60B · vs all stocks (USD)
Total Debt to Equity (MRQ)
0.6583xvs Infrastructure Operations peers
Current Ratio (MRQ)
0.8720xvs Infrastructure Operations peers
Book Value per Share (MRQ)
8.60CNYUpdated Aug 20, 2026Total Assets
96.39BCNY14.33B · vs all stocks (USD)
Total Current Assets
6.75BCNYFY2025 · Dec 31, 2025Total Liabilities
41.41BCNYFY2025 · Dec 31, 2025Total Non-current Assets
89.64BCNYFY2025 · Dec 31, 2025Total Non-current Liabilities
29.93BCNYFY2025 · Dec 31, 2025Total Current Liabilities
11.48BCNYFY2025 · Dec 31, 2025Cash
259.69MCNYFY2025 · Dec 31, 2025Cash Equivalents
351.57MCNYFY2025 · Dec 31, 2025Cash & Cash Equivalents
611.26MCNYFY2025 · Dec 31, 2025Other Short-term Investments
1.84BCNYFY2025 · Dec 31, 2025Accounts Receivable
2.10BCNYFY2025 · Dec 31, 2025Inventory
1.88BCNYFY2025 · Dec 31, 2025Accounts Payable
3.76BCNYFY2025 · Dec 31, 2025Short-term Debt
3.23BCNYFY2025 · Dec 31, 2025Other Current Liabilities
3.86BCNYFY2025 · Dec 31, 2025Long-term Debt
25.68BCNYFY2025 · Dec 31, 2025Other Non-current Liabilities
2.61BCNYFY2025 · Dec 31, 2025Common Stock (Book)
5.04BCNYFY2025 · Dec 31, 2025Retained Earnings
17.62BCNYFY2025 · Dec 31, 2025Total Shareholders' Equity
54.98BCNY8.18B · vs all stocks (USD)
52-Week Low
11.47CNYUpdated Aug 20, 202652-Week High
14.28CNYUpdated Aug 20, 202652-Week Change
-13.28%vs all stocks
Beta
0.4820xvs all stocks
50-Day MA
12.09CNYUpdated Aug 20, 2026200-Day MA
12.21CNYUpdated Aug 20, 2026Avg 10-Day Volume
7.64MSharesUpdated Aug 20, 2026Avg 30-Day Volume
12.08MSharesUpdated Aug 20, 2026Diluted EPS (TTM)
0.9400CNYUpdated Aug 20, 20262 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 patternsHow does this company use capital?
Diagnostic
Elevated Operating Margin With High Capex and Small D&A Gap
Margins read high with heavy capex and little depreciation charged against earnings.
Reads
Diagnostic
Rising Operating Income With Low Depreciation on a Capital-Heavy Balance Sheet
Operating income rose four years, with small depreciation on a capital-heavy balance sheet.
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.
Financial Health
Altman Z-Score 1.52: grey zoneSignificant
Altman Z-Score: 1.52
High earnings qualityNotable
Earnings Quality Score: 1.03
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 $9B, above the global median of $1.15BNotable
Market cap (USD): 9,004,944,437.315Global Median: 1,146,734,693.424
Revenue is $2.98B, above the global median of $520.53MNotable
Revenue (USD): 2,979,439,008.092Global Median: 520,528,949.311
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Companies that share active interpretations — structural patterns currently present in both stocks.
Royal Gold Inc.
2 interpretationsRising Operating Income With Low Depreciation on a Capital-Heavy Balance SheetElevated Operating Margin With High Capex and Small D&A Gap
Nesco Ltd.
2 interpretationsRising Operating Income With Low Depreciation on a Capital-Heavy Balance SheetElevated Operating Margin With High Capex and Small D&A Gap
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1 interpretationRising Operating Income With Low Depreciation on a Capital-Heavy Balance Sheet