Capital Intensity
Score how much of a company is physical plant, inventory, and equipment, whether that base is being maintained, and whether the shares have tangible backing.
Zhejiang Nhu Co Ltd
Physical assets are 56.4% of total assets, a heavy footprint. Capex is 0.83x depreciation while free cash flow yield is positive, which can mean an aging base that is still throwing off cash. ROIC is 23.3%, above an 8% cost-of-capital hurdle.
Fixed-asset turnover is 1.06x. Compare it with other names in the same basket.
Physical asset ratio
56.4%Physical asset ratio · 2025-12-31(Net PP&E + inventory) / total assetsNet PP&ECNY 21.05BpropertyPlantAndEquipmentNetInventoryCNY 4.65BinventoryTotal assetsCNY 45.61BtotalAssetsResult 56.4%
Net PP&E plus inventory, divided by total assets. Above 50% is a heavy footprint.
Fixed asset turnover
1.06xFixed asset turnover · 2025-12-31Revenue / net PP&ERevenueCNY 22.25BtotalRevenueNet PP&ECNY 21.05BpropertyPlantAndEquipmentNetResult 1.06x
Revenue per dollar of the physical asset base.
Capex / D&A
0.83xCapex / D&A · 2025-12-31Capital expenditures / depreciation and amortizationCapexCNY 1.90BcapitalExpendituresD&ACNY 2.29BreconciledDepreciationResult 0.83x
Above 1.0x means the physical base is being replaced or expanded.
Tangible book / share
CNY 9.88Tangible book / share · 2025-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsCNY 45.61BtotalAssetsGoodwillCNY 3.62MgoodWillIntangiblesCNY 2.59BintangibleAssetsLiabilitiesCNY 12.65BtotalLiabTangible bookCNY 30.37BShares3,073,421,680commonStockSharesOutstandingResult CNY 9.88
Assets minus goodwill, intangibles, and liabilities, per share.
Price / tangible book
2.63xPrice / tangible bookPrice / tangible book per sharePriceCNY 26.00Latest quoteTangible book / shareCNY 9.882025-12-31Result 2.63x
Price CNY 26.00.
Fixed-charge coverage
9.42xFixed-charge coverage · 2025-12-31(EBITDA − capex) / (interest + short-term debt)EBITDACNY 10.37BebitdaCapexCNY 1.90BcapitalExpendituresInterestCNY 223.18MinterestExpenseShort-term debtCNY 675.17MshortLongTermDebtEBITDA − capexCNY 8.47BPrincipal due is the current portion of debt.Result 9.42x
EBITDA minus capex, divided by interest plus short-term debt.
FCF yield
8.4%Free cash flow yield · 2025-12-31Latest free cash flow / current market capFree cash flowCNY 6.90BfreeCashFlowMarket capCNY 82.24BMarketCapitalizationResult 8.4%
Latest free cash flow divided by current market cap (CNY 82.24B).
ROIC
23.3%ROIC · 2025-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeCNY 7.98BoperatingIncomeTax expenseCNY 1.05BtaxProvisionPretax incomeCNY 7.85BincomeBeforeTaxTax rate13.3%EquityCNY 32.81BtotalStockholderEquityDebtCNY 4.86BlongTermDebt + shortLongTermDebtCashCNY 7.97BcashInvested capitalCNY 29.70BResult 23.3%
After-tax operating income over equity plus debt minus cash.
Operating income / net PP&E is 0.38x.
Footprint and return
Turnover and reinvestment
| Year | Physical | FAT | Capex/D&A | TBV/sh | Coverage | FCF | ROIC | EBIT/PP&E |
|---|---|---|---|---|---|---|---|---|
| 2018 | 47.0%Physical asset ratio · 2018-12-31(Net PP&E + inventory) / total assetsNet PP&ECNY 8.87BpropertyPlantEquipmentInventoryCNY 1.45BinventoryTotal assetsCNY 21.93BtotalAssetsResult 47.0% | 0.98xFixed asset turnover · 2018-12-31Revenue / net PP&ERevenueCNY 8.68BtotalRevenueNet PP&ECNY 8.87BpropertyPlantEquipmentResult 0.98x | 10.74xCapex / D&A · 2018-12-31Capital expenditures / depreciation and amortizationCapexCNY 4.91BcapitalExpendituresD&ACNY 457.60MdepreciationAndAmortizationResult 10.74x | CNY 4.83Tangible book / share · 2018-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsCNY 21.93BtotalAssetsGoodwillCNY 0.00Not reported, treated as 0IntangiblesCNY 1.24BintangibleAssetsLiabilitiesCNY 5.72BtotalLiabTangible bookCNY 14.97BShares3,100,415,214commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Result CNY 4.83 | -0.49xFixed-charge coverage · 2018-12-31(EBITDA − capex) / (interest + short-term debt)EBITDACNY 3.95BebitdaCapexCNY 4.91BcapitalExpendituresInterestCNY 92.10MinterestExpenseShort-term debtCNY 1.89BshortLongTermDebtEBITDA − capex-CNY 963.05MPrincipal due is the current portion of debt.Result -0.49x | -CNY 1.25BFree cash flow · 2018-12-31Reported free cash flowOperating cash flowCNY 3.66BtotalCashFromOperatingActivitiesCapexCNY 4.91BcapitalExpendituresFree cash flow-CNY 1.25BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -CNY 1.25B | 20.0%ROIC · 2018-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeCNY 3.63BoperatingIncomeTax expenseCNY 541.26MincomeTaxExpensePretax incomeCNY 3.64BincomeBeforeTaxTax rate14.9%EquityCNY 16.17BtotalStockholderEquityDebtCNY 2.28BshortLongTermDebtTotalCashCNY 3.01BcashAndShortTermInvestmentsInvested capitalCNY 15.44BResult 20.0% | 0.41xEBIT / PP&E · 2018-12-31Operating income / net PP&EOperating incomeCNY 3.63BoperatingIncomeNet PP&ECNY 8.87BpropertyPlantEquipmentResult 0.41x |
| 2019 | 56.0%Physical asset ratio · 2019-12-31(Net PP&E + inventory) / total assetsNet PP&ECNY 13.91BpropertyPlantAndEquipmentNetInventoryCNY 2.17BinventoryTotal assetsCNY 28.72BtotalAssetsResult 56.0% | 0.55xFixed asset turnover · 2019-12-31Revenue / net PP&ERevenueCNY 7.66BtotalRevenueNet PP&ECNY 13.91BpropertyPlantAndEquipmentNetResult 0.55x | 8.14xCapex / D&A · 2019-12-31Capital expenditures / depreciation and amortizationCapexCNY 4.58BcapitalExpendituresD&ACNY 561.86MdepreciationAndAmortizationResult 8.14x | CNY 5.08Tangible book / share · 2019-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsCNY 28.72BtotalAssetsGoodwillCNY 0.00Not reported, treated as 0IntangiblesCNY 1.34BintangibleAssetsLiabilitiesCNY 11.66BtotalLiabTangible bookCNY 15.72BShares3,094,073,454commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Result CNY 5.08 | -0.46xFixed-charge coverage · 2019-12-31(EBITDA − capex) / (interest + short-term debt)EBITDACNY 2.99BebitdaCapexCNY 4.58BcapitalExpendituresInterestCNY 206.47MinterestExpenseShort-term debtCNY 3.23BshortLongTermDebtEBITDA − capex-CNY 1.59BPrincipal due is the current portion of debt.Result -0.46x | -CNY 2.47BFree cash flow · 2019-12-31Reported free cash flowOperating cash flowCNY 2.10BtotalCashFromOperatingActivitiesCapexCNY 4.58BcapitalExpendituresFree cash flow-CNY 2.47BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -CNY 2.47B | 11.2%ROIC · 2019-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeCNY 2.56BoperatingIncomeTax expenseCNY 392.12MincomeTaxExpensePretax incomeCNY 2.57BincomeBeforeTaxTax rate15.3%EquityCNY 17.01BtotalStockholderEquityDebtCNY 7.16BshortLongTermDebtTotalCashCNY 4.83BcashAndShortTermInvestmentsInvested capitalCNY 19.35BResult 11.2% | 0.18xEBIT / PP&E · 2019-12-31Operating income / net PP&EOperating incomeCNY 2.56BoperatingIncomeNet PP&ECNY 13.91BpropertyPlantAndEquipmentNetResult 0.18x |
| 2020 | 59.4%Physical asset ratio · 2020-12-31(Net PP&E + inventory) / total assetsNet PP&ECNY 15.24BpropertyPlantAndEquipmentNetInventoryCNY 3.12BinventoryTotal assetsCNY 30.90BtotalAssetsResult 59.4% | 0.68xFixed asset turnover · 2020-12-31Revenue / net PP&ERevenueCNY 10.31BtotalRevenueNet PP&ECNY 15.24BpropertyPlantAndEquipmentNetResult 0.68x | 2.72xCapex / D&A · 2020-12-31Capital expenditures / depreciation and amortizationCapexCNY 2.35BcapitalExpendituresD&ACNY 863.92MdepreciationAndAmortizationResult 2.72x | CNY 5.82Tangible book / share · 2020-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsCNY 30.90BtotalAssetsGoodwillCNY 0.00Not reported, treated as 0IntangiblesCNY 1.41BintangibleAssetsLiabilitiesCNY 11.50BtotalLiabTangible bookCNY 18.00BShares3,094,073,454commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Result CNY 5.82 | 1.02xFixed-charge coverage · 2020-12-31(EBITDA − capex) / (interest + short-term debt)EBITDACNY 5.04BebitdaCapexCNY 2.35BcapitalExpendituresInterestCNY 264.51MinterestExpenseShort-term debtCNY 2.36BshortTermDebtEBITDA − capexCNY 2.69BPrincipal due is short-term debt.Result 1.02x | CNY 769.88MFree cash flow · 2020-12-31Reported free cash flowOperating cash flowCNY 3.12BtotalCashFromOperatingActivitiesCapexCNY 2.35BcapitalExpendituresFree cash flowCNY 769.88MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result CNY 769.88M | 18.1%ROIC · 2020-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeCNY 4.16BoperatingIncomeTax expenseCNY 532.66MincomeTaxExpensePretax incomeCNY 4.11BincomeBeforeTaxTax rate13.0%EquityCNY 19.34BtotalStockholderEquityDebtCNY 6.50BshortLongTermDebtTotalCashCNY 5.78BcashAndShortTermInvestmentsInvested capitalCNY 20.06BResult 18.1% | 0.27xEBIT / PP&E · 2020-12-31Operating income / net PP&EOperating incomeCNY 4.16BoperatingIncomeNet PP&ECNY 15.24BpropertyPlantAndEquipmentNetResult 0.27x |
| 2021 | 59.1%Physical asset ratio · 2021-12-31(Net PP&E + inventory) / total assetsNet PP&ECNY 17.34BpropertyPlantEquipmentInventoryCNY 3.19BinventoryTotal assetsCNY 34.72BtotalAssetsResult 59.1% | 0.86xFixed asset turnover · 2021-12-31Revenue / net PP&ERevenueCNY 14.92BtotalRevenueNet PP&ECNY 17.34BpropertyPlantEquipmentResult 0.86x | 2.84xCapex / D&A · 2021-12-31Capital expenditures / depreciation and amortizationCapexCNY 3.47BcapitalExpendituresD&ACNY 1.22BdepreciationAndAmortizationResult 2.84x | CNY 6.61Tangible book / share · 2021-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsCNY 34.72BtotalAssetsGoodwillCNY 0.00Not reported, treated as 0IntangiblesCNY 1.52BintangibleAssetsLiabilitiesCNY 12.83BtotalLiabTangible bookCNY 20.37BShares3,080,887,412commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Result CNY 6.61 | 1.63xFixed-charge coverage · 2021-12-31(EBITDA − capex) / (interest + short-term debt)EBITDACNY 6.32BebitdaCapexCNY 3.47BcapitalExpendituresInterestCNY 348.00MinterestExpenseShort-term debtCNY 1.40BshortTermDebtEBITDA − capexCNY 2.85BPrincipal due is short-term debt.Result 1.63x | CNY 2.37BFree cash flow · 2021-12-31Reported free cash flowOperating cash flowCNY 5.84BtotalCashFromOperatingActivitiesCapexCNY 3.47BcapitalExpendituresFree cash flowCNY 2.37BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result CNY 2.37B | 20.9%ROIC · 2021-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeCNY 5.12BoperatingIncomeTax expenseCNY 690.51MincomeTaxExpensePretax incomeCNY 5.06BincomeBeforeTaxTax rate13.6%EquityCNY 21.83BtotalStockholderEquityDebtCNY 6.56BshortLongTermDebtTotalCashCNY 7.20BcashAndShortTermInvestmentsInvested capitalCNY 21.18BResult 20.9% | 0.30xEBIT / PP&E · 2021-12-31Operating income / net PP&EOperating incomeCNY 5.12BoperatingIncomeNet PP&ECNY 17.34BpropertyPlantEquipmentResult 0.30x |
| 2022 | 67.3%Physical asset ratio · 2022-12-31(Net PP&E + inventory) / total assetsNet PP&ECNY 21.62BpropertyPlantEquipmentInventoryCNY 4.14BinventoryTotal assetsCNY 38.27BtotalAssetsResult 67.3% | 0.74xFixed asset turnover · 2022-12-31Revenue / net PP&ERevenueCNY 15.93BtotalRevenueNet PP&ECNY 21.62BpropertyPlantEquipmentResult 0.74x | 3.55xCapex / D&A · 2022-12-31Capital expenditures / depreciation and amortizationCapexCNY 4.93BcapitalExpendituresD&ACNY 1.39BdepreciationAndAmortizationResult 3.55x | CNY 7.13Tangible book / share · 2022-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsCNY 38.27BtotalAssetsGoodwillCNY 3.62MgoodWillIntangiblesCNY 1.74BintangibleAssetsLiabilitiesCNY 14.61BtotalLiabTangible bookCNY 21.92BShares3,073,421,680commonStockSharesOutstandingResult CNY 7.13 | 0.26xFixed-charge coverage · 2022-12-31(EBITDA − capex) / (interest + short-term debt)EBITDACNY 5.51BebitdaCapexCNY 4.93BcapitalExpendituresInterestCNY 338.68MinterestExpenseShort-term debtCNY 1.85BshortTermDebtEBITDA − capexCNY 574.01MPrincipal due is short-term debt.Result 0.26x | -CNY 570.41MFree cash flow · 2022-12-31Reported free cash flowOperating cash flowCNY 4.36BtotalCashFromOperatingActivitiesCapexCNY 4.93BcapitalExpendituresFree cash flow-CNY 570.41MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -CNY 570.41M | 15.0%ROIC · 2022-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeCNY 4.31BoperatingIncomeTax expenseCNY 599.83MincomeTaxExpensePretax incomeCNY 4.24BincomeBeforeTaxTax rate14.2%EquityCNY 23.57BtotalStockholderEquityDebtCNY 7.12BshortLongTermDebtTotalCashCNY 6.06BcashAndShortTermInvestmentsInvested capitalCNY 24.63BResult 15.0% | 0.20xEBIT / PP&E · 2022-12-31Operating income / net PP&EOperating incomeCNY 4.31BoperatingIncomeNet PP&ECNY 21.62BpropertyPlantEquipmentResult 0.20x |
| 2023 | 71.0%Physical asset ratio · 2023-12-31(Net PP&E + inventory) / total assetsNet PP&ECNY 23.49BpropertyPlantAndEquipmentNetInventoryCNY 4.32BinventoryTotal assetsCNY 39.16BtotalAssetsResult 71.0% | 0.64xFixed asset turnover · 2023-12-31Revenue / net PP&ERevenueCNY 15.12BtotalRevenueNet PP&ECNY 23.49BpropertyPlantAndEquipmentNetResult 0.64x | 2.61xCapex / D&A · 2023-12-31Capital expenditures / depreciation and amortizationCapexCNY 4.45BcapitalExpendituresD&ACNY 1.70BdepreciationAndAmortizationResult 2.61x | CNY 7.24Tangible book / share · 2023-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsCNY 39.16BtotalAssetsGoodwillCNY 3.62MgoodWillIntangiblesCNY 2.41BintangibleAssetsLiabilitiesCNY 14.24BtotalLiabTangible bookCNY 22.51BShares3,108,320,422commonStockSharesOutstandingResult CNY 7.24 | 0.25xFixed-charge coverage · 2023-12-31(EBITDA − capex) / (interest + short-term debt)EBITDACNY 4.84BebitdaCapexCNY 4.45BcapitalExpendituresInterestCNY 319.91MinterestExpenseShort-term debtCNY 1.24BshortTermDebtEBITDA − capexCNY 390.25MPrincipal due is short-term debt.Result 0.25x | CNY 673.85MFree cash flow · 2023-12-31Reported free cash flowOperating cash flowCNY 5.12BtotalCashFromOperatingActivitiesCapexCNY 4.45BcapitalExpendituresFree cash flowCNY 673.85MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result CNY 673.85M | 9.7%ROIC · 2023-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeCNY 3.26BoperatingIncomeTax expenseCNY 528.13MincomeTaxExpensePretax incomeCNY 3.25BincomeBeforeTaxTax rate16.2%EquityCNY 24.80BtotalStockholderEquityDebtCNY 8.06BshortLongTermDebtTotalCashCNY 4.72BcashAndShortTermInvestmentsInvested capitalCNY 28.15BResult 9.7% | 0.14xEBIT / PP&E · 2023-12-31Operating income / net PP&EOperating incomeCNY 3.26BoperatingIncomeNet PP&ECNY 23.49BpropertyPlantAndEquipmentNetResult 0.14x |
| 2024 | 61.9%Physical asset ratio · 2024-12-31(Net PP&E + inventory) / total assetsNet PP&ECNY 22.50BpropertyPlantAndEquipmentNetInventoryCNY 4.09BinventoryTotal assetsCNY 42.99BtotalAssetsResult 61.9% | 0.96xFixed asset turnover · 2024-12-31Revenue / net PP&ERevenueCNY 21.61BtotalRevenueNet PP&ECNY 22.50BpropertyPlantAndEquipmentNetResult 0.96x | 0.72xCapex / D&A · 2024-12-31Capital expenditures / depreciation and amortizationCapexCNY 1.60BcapitalExpendituresD&ACNY 2.21BdepreciationAndAmortizationResult 0.72x | CNY 8.77Tangible book / share · 2024-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsCNY 42.99BtotalAssetsGoodwillCNY 3.62MgoodWillIntangiblesCNY 2.48BintangibleAssetsLiabilitiesCNY 13.54BtotalLiabTangible bookCNY 26.96BShares3,072,537,167commonStockSharesOutstandingResult CNY 8.77 | 5.27xFixed-charge coverage · 2024-12-31(EBITDA − capex) / (interest + short-term debt)EBITDACNY 9.26BebitdaCapexCNY 1.60BcapitalExpendituresInterestCNY 290.85MinterestExpenseShort-term debtCNY 1.16BshortTermDebtEBITDA − capexCNY 7.66BPrincipal due is short-term debt.Result 5.27x | CNY 5.47BFree cash flow · 2024-12-31Reported free cash flowOperating cash flowCNY 7.07BtotalCashFromOperatingActivitiesCapexCNY 1.60BcapitalExpendituresFree cash flowCNY 5.47BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result CNY 5.47B | 21.2%ROIC · 2024-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeCNY 6.97BoperatingIncomeTax expenseCNY 1.05BincomeTaxExpensePretax incomeCNY 6.94BincomeBeforeTaxTax rate15.1%EquityCNY 29.32BtotalStockholderEquityDebtCNY 6.49BshortLongTermDebtTotalCashCNY 7.94BcashAndShortTermInvestmentsInvested capitalCNY 27.88BResult 21.2% | 0.31xEBIT / PP&E · 2024-12-31Operating income / net PP&EOperating incomeCNY 6.97BoperatingIncomeNet PP&ECNY 22.50BpropertyPlantAndEquipmentNetResult 0.31x |
| 2025 | 56.4%Physical asset ratio · 2025-12-31(Net PP&E + inventory) / total assetsNet PP&ECNY 21.05BpropertyPlantAndEquipmentNetInventoryCNY 4.65BinventoryTotal assetsCNY 45.61BtotalAssetsResult 56.4% | 1.06xFixed asset turnover · 2025-12-31Revenue / net PP&ERevenueCNY 22.25BtotalRevenueNet PP&ECNY 21.05BpropertyPlantAndEquipmentNetResult 1.06x | 0.83xCapex / D&A · 2025-12-31Capital expenditures / depreciation and amortizationCapexCNY 1.90BcapitalExpendituresD&ACNY 2.29BreconciledDepreciationResult 0.83x | CNY 9.88Tangible book / share · 2025-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsCNY 45.61BtotalAssetsGoodwillCNY 3.62MgoodWillIntangiblesCNY 2.59BintangibleAssetsLiabilitiesCNY 12.65BtotalLiabTangible bookCNY 30.37BShares3,073,421,680commonStockSharesOutstandingResult CNY 9.88 | 9.42xFixed-charge coverage · 2025-12-31(EBITDA − capex) / (interest + short-term debt)EBITDACNY 10.37BebitdaCapexCNY 1.90BcapitalExpendituresInterestCNY 223.18MinterestExpenseShort-term debtCNY 675.17MshortLongTermDebtEBITDA − capexCNY 8.47BPrincipal due is the current portion of debt.Result 9.42x | CNY 6.90BFree cash flow · 2025-12-31Reported free cash flowOperating cash flowCNY 8.80BtotalCashFromOperatingActivitiesCapexCNY 1.90BcapitalExpendituresFree cash flowCNY 6.90BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result CNY 6.90B | 23.3%ROIC · 2025-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeCNY 7.98BoperatingIncomeTax expenseCNY 1.05BtaxProvisionPretax incomeCNY 7.85BincomeBeforeTaxTax rate13.3%EquityCNY 32.81BtotalStockholderEquityDebtCNY 4.86BlongTermDebt + shortLongTermDebtCashCNY 7.97BcashInvested capitalCNY 29.70BResult 23.3% | 0.38xEBIT / PP&E · 2025-12-31Operating income / net PP&EOperating incomeCNY 7.98BoperatingIncomeNet PP&ECNY 21.05BpropertyPlantAndEquipmentNetResult 0.38x |
- Principal due is the current portion of debt.
Latest year inputs (2025)
Net PP&E: CNY 21.05B
Inventory: CNY 4.65B
Total assets: CNY 45.61B
Goodwill: CNY 3.62M
Intangibles: CNY 2.59B
Liabilities: CNY 12.65B
Tangible book: CNY 30.37B
Shares: 3,073,421,680
Revenue: CNY 22.25B
Capex: CNY 1.90B
D&A: CNY 2.29B
EBITDA: CNY 10.37B
Interest: CNY 223.18M
Short-term debt: CNY 675.17M
Free cash flow: CNY 6.90B
Operating income: CNY 7.98B
Invested capital: CNY 29.70B
Tax rate: 13.3%