CompanyGraph
What stands out
- Earnings significantly exceed cash generation
- Most companies in its industry are flow businesses; this one is a production business
At a glance
- Depends onMidstream position: 7 outgoing, 7 incoming connections
- ScaleMarket cap is $1.76B, above the global median of $1.18B
- FinancialsAltman Z-Score 1.55: grey zone
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
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Sign inWhat the company actually pays, and whether its own cash supports it.
Dividends view
Yield
1.48%Above 5Y avg (0.82%)
Annual Rate
CNY 1.00Paid annual
Payout Ratio
24.8%Sustainable
Payback Period
67.9 yr
Last Ex-Dividend
May 27, 2026
The reported statements, read against the company's own industry.
What stands out
- Earnings significantly exceed cash generation
Financials view
Market Capitalization
11.77BCNY1.76B · vs all stocks (USD)
Trailing P/E
16.78xvs Integrated Freight & Logistics peers
Revenue (TTM)
14.27BCNY2.13B · vs all stocks (USD)
Profit Margin
4.60%vs Integrated Freight & Logistics peers
Beta
0.5470xvs all stocks
52-Week Change
4.74%vs all stocks
Market Capitalization
11.77BCNY1.76B · vs all stocks (USD)
Enterprise Value
15.55BCNY2.32B · vs all stocks (USD)
Trailing P/E
16.78xvs Integrated Freight & Logistics peers
Forward P/E
13.76xvs Integrated Freight & Logistics peers
Price to Sales (TTM)
0.8247xvs Integrated Freight & Logistics peers
Price to Book (MRQ)
2.19xvs Integrated Freight & Logistics peers
Enterprise to Revenue
1.09xvs Integrated Freight & Logistics peers
Enterprise to EBITDA
11.82xvs Integrated Freight & Logistics peers
Gross Margin
10.63%vs Integrated Freight & Logistics peers
Profit Margin
4.60%vs Integrated Freight & Logistics peers
Operating Margin
7.43%vs Integrated Freight & Logistics peers
Return on Assets (TTM)
4.64%vs Integrated Freight & Logistics peers
Return on Equity (TTM)
14.92%vs Integrated Freight & Logistics peers
Revenue (TTM)
14.27BCNY2.13B · vs all stocks (USD)
Revenue per Share (TTM)
90.07CNYUpdated Sep 22, 2026Quarterly Revenue Growth
14.40%vs Integrated Freight & Logistics peers
Gross Profit (TTM)
1.60BCNY239.22M · vs all stocks (USD)
EBITDA (TTM)
1.49BCNY222.21M · vs all stocks (USD)
Net Income (TTM)
655.99MCNY97.96M · vs all stocks (USD)
Quarterly Earnings Growth (YoY)
9.60%vs Integrated Freight & Logistics peers
Operating Cash Flow (TTM)
-291.44MCNY-43.52M · vs all stocks (USD)
Levered Free Cash Flow (TTM)
-1.03BCNY-153.63M · vs all stocks (USD)
Trailing Annual Dividend Rate
1.00CNYUpdated Sep 22, 2026Trailing Annual Dividend Yield
1.48%vs all stocks
5-Year Average Dividend Yield
0.82%vs all stocks
Payout Ratio
24.84%vs Integrated Freight & Logistics peers
Minority Interest (Equity)
535.36MCNYFY2025 · Dec 31, 2025Revenue
13.34BCNYFY2025 · Dec 31, 2025Cost of Goods Sold
11.80BCNYFY2025 · Dec 31, 2025Gross Profit
1.54BCNYFY2025 · Dec 31, 2025Operating Income
1.04BCNY155.46M · vs all stocks (USD)
Pre-tax Income
939.89MCNYFY2025 · Dec 31, 2025Income Tax Expense
194.45MCNYFY2025 · Dec 31, 2025Net Income
745.44MCNYFY2025 · Dec 31, 2025EBIT
1.11BCNYFY2025 · Dec 31, 2025EBITDA (Income Statement)
1.49BCNYFY2025 · Dec 31, 2025Research & Development
58.12MCNYFY2025 · Dec 31, 2025Selling, General & Administrative
132.46MCNYFY2025 · Dec 31, 2025Other Operating Expenses
50.03MCNYFY2025 · Dec 31, 2025Non-operating Interest Income
24.75MCNYFY2025 · Dec 31, 2025Non-operating Interest Expense
165.46MCNYFY2025 · Dec 31, 2025EPS (Basic)
3.95CNYFY2025 · Dec 31, 2025EPS (Diluted)
3.80CNYFY2025 · Dec 31, 2025Basic Shares Outstanding
158.57MSharesFY2025 · Dec 31, 2025Diluted Shares Outstanding
158.57MSharesFY2025 · Dec 31, 2025Net Income from Continuing Operations
745.44MCNYFY2025 · Dec 31, 2025Minority Interests (P&L)
-118.88MCNYFY2025 · Dec 31, 2025Preferred Stock Dividends
0.00CNYFY2025 · Dec 31, 2025Operating Cash Flow
-6.61BCNYFY2025 · Dec 31, 2025Free Cash Flow
-7.05BCNYFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
1.43BCNYFY2025 · Dec 31, 2025Starting Profit (CF Statement)
745.44MCNYFY2025 · Dec 31, 2025Other Non-cash Items
207.79MCNYFY2025 · Dec 31, 2025Change in Accounts Receivable (CF)
-7.29BCNYFY2025 · Dec 31, 2025Change in Other Assets/Liabilities
-280.92MCNYFY2025 · Dec 31, 2025Capital Expenditures
-435.87MCNYFY2025 · Dec 31, 2025Net Acquisitions
-26.75MCNYFY2025 · Dec 31, 2025Purchase of Investments
-191.50MCNYFY2025 · Dec 31, 2025Sale of Investments
16.27MCNYFY2025 · Dec 31, 2025Other Investing Activity
-130.40MCNYFY2025 · Dec 31, 2025Net Investing Cash Flow
-768.25MCNYFY2025 · Dec 31, 2025Long-term Debt Issuance
5.26BCNYFY2025 · Dec 31, 2025Long-term Debt Payments
-4.68BCNYFY2025 · Dec 31, 2025Common Dividends Paid
-258.56MCNYFY2025 · Dec 31, 2025Other Financing Charges
-164.97MCNYFY2025 · Dec 31, 2025Net Financing Cash Flow
159.39MCNYFY2025 · Dec 31, 2025Shares Outstanding
158.13MSharesUpdated Sep 22, 2026Float Shares
83.89MSharesUpdated Sep 22, 2026% Held by Insiders
43.02%vs all stocks
% Held by Institutions
13.55%vs all stocks
Total Cash (MRQ)
1.71BCNY255.97M · vs all stocks (USD)
Total Cash per Share (MRQ)
10.84CNYUpdated Sep 22, 2026Total Debt (MRQ)
6.38BCNY952.01M · vs all stocks (USD)
Total Debt to Equity (MRQ)
1.16xvs Integrated Freight & Logistics peers
Current Ratio (MRQ)
1.19xvs Integrated Freight & Logistics peers
Book Value per Share (MRQ)
30.88CNYUpdated Sep 22, 2026Total Assets
20.78BCNY3.10B · vs all stocks (USD)
Total Current Assets
14.47BCNYFY2025 · Dec 31, 2025Total Liabilities
15.47BCNYFY2025 · Dec 31, 2025Total Non-current Assets
6.31BCNYFY2025 · Dec 31, 2025Total Non-current Liabilities
2.19BCNYFY2025 · Dec 31, 2025Total Current Liabilities
13.28BCNYFY2025 · Dec 31, 2025Cash
1.42BCNYFY2025 · Dec 31, 2025Cash Equivalents
7.24MCNYFY2025 · Dec 31, 2025Cash & Cash Equivalents
1.43BCNYFY2025 · Dec 31, 2025Other Short-term Investments
237.54MCNYFY2025 · Dec 31, 2025Accounts Receivable
3.75BCNYFY2025 · Dec 31, 2025Inventory
880.12MCNYFY2025 · Dec 31, 2025Accounts Payable
1.84BCNYFY2025 · Dec 31, 2025Short-term Debt
3.91BCNYFY2025 · Dec 31, 2025Other Current Liabilities
1.34BCNYFY2025 · Dec 31, 2025Long-term Debt
2.00BCNYFY2025 · Dec 31, 2025Other Non-current Liabilities
1.04MCNYFY2025 · Dec 31, 2025Common Stock (Book)
158.13MCNYFY2025 · Dec 31, 2025Retained Earnings
3.05BCNYFY2025 · Dec 31, 2025Total Shareholders' Equity
5.30BCNY792.13M · vs all stocks (USD)
52-Week Low
48.90CNYUpdated Sep 22, 202652-Week High
83.97CNYUpdated Sep 22, 202652-Week Change
4.74%vs all stocks
Beta
0.5470xvs all stocks
50-Day MA
64.88CNYUpdated Sep 22, 2026200-Day MA
61.78CNYUpdated Sep 22, 2026Avg 10-Day Volume
1.78MSharesUpdated Sep 22, 2026Avg 30-Day Volume
2.35MSharesUpdated Sep 22, 2026Diluted EPS (TTM)
4.03CNYUpdated Sep 22, 2026Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Structural Tensions
Earnings significantly exceed cash generationSignificant
Net Income (USD, TTM): 97,958,396.548Operating Cash Flow (USD, TTM): -43,520,214.337
Most companies in its industry are flow businesses; this one is a production businessSignificant
Industry peers: 84.00Share on the common pattern %: 96.00
Financial Health
Altman Z-Score 1.55: grey zoneSignificant
Altman Z-Score: 1.55
Supply Chain
Midstream position: 7 outgoing, 7 incoming connectionsNotable
Outgoing: 7.00Incoming: 7.00
High connectivity hub: 14 industry connectionsNotable
Total Connections: 14.00
Scale
Market cap is $1.76B, above the global median of $1.18BNotable
Market cap (USD): 1,757,229,115.911Global Median: 1,180,223,658.953
Revenue is $2.13B, above the global median of $548.88MNotable
Revenue (USD): 2,130,951,046.4Global Median: 548,883,780.48
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