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China United Network Communications Limited 600050.SS

CN · Shanghai Stock Exchange · XSHG · stock · Communication Services · website

China United Network Communications Limited statistics & valuation

Market capCN¥135.7B
P / E14.9×
P / S0.3×
P / B0.8×
P / FCF5.7×
Net margin2.3%
FCF margin6.1%
Net cashCN¥12.8B
Enterprise value USD$18.2B
Earnings yield EBIT/EV18.4%
Return on capital5.5%
Graham number +37.1%CN¥5.95

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (CN¥5.95); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
2.10% 2.20% 2.30% 2.30% 2022202320242025
Gross margin (%)
24.20% 24.50% 23.40% 23.50% 2022202320242025
Operating margin (%)
6.60% 6.70% 5.70% 5.80% 2022202320242025
Return on equity (%)
4.70% 5.10% 5.50% 5.40% 2022202320242025
Shares outstanding
31.26B 31.26B 31.26B 31.26B 2022202320242025
Net debt (CN¥)
-CN¥18.41B -CN¥12.39B -CN¥13.50B -CN¥12.75B 2022202320242025
Share buybacks (CN¥)
2022202320242025
Return on assets (%)
1.10% 1.20% 1.30% 1.40% 2022202320242025
Free cash flow margin (%)
8.20% 6.70% 4.00% 6.10% 2022202320242025
Debt / equity (×)
0.33× 0.29× 0.25× 0.20× 2022202320242025
EPS (CN¥)
CN¥0.23 CN¥0.26 CN¥0.29 CN¥0.29 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

China United Network Communications Limited trades at about 14.9× earnings — below its 10-year norm (10-year range 16.7×–22.4×, median 17.5×).

14.9× 22.4×

Shaded band = 10-year range (16.7×–22.4×); dot = today's 14.9×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Gross margin23.5%23.4%24.5%24.2%
Operating margin5.8%5.7%6.7%6.6%
Net margin2.3%2.3%2.2%2.1%
FCF margin6.1%4.0%6.7%8.2%
Return on assets1.4%1.3%1.2%1.1%
Return on equity5.4%5.5%5.1%4.7%
Debt / equity0.02×0.01×0.01×0.01×
Current ratio0.650.600.610.59

Computed from company filings · CN · as of 2025-12-31. Figures in CNY. Facts plus Stocktoria's own computed scores — not investment advice.