Shanghai Huayi Group (SHSE:600623) E10: ¥0.52 (As of Mar. 2026)

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SHSE:600623 Shanghai Huayi Group Corp Ltd SHSE:600623
67 GF Score
Price ¥8.02
GF Value ¥7.66
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Shanghai Huayi Group E10?

Shanghai Huayi Group SHSE:600623 +0.25% 67 E10 is ¥0.52 as of Mar. 2026. GuruFocus rates SHSE:600623 with a GF Score™ of 67/100 and a GF Value™ of ¥7.66 (Fairly Valued). The stock has 8 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Shanghai Huayi Group's adjusted earnings per share data for the three months ended in Mar. 2026 was ¥0.080. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.52 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Shanghai Huayi Group's average E10 Growth Rate was -3.70% per year. During the past 3 years, the average E10 Growth Rate was -1.90% per year. During the past 5 years, the average E10 Growth Rate was 4.00% per year. During the past 10 years, the average E10 Growth Rate was 8.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Shanghai Huayi Group was 22.90% per year. The lowest was -1.90% per year. And the median was 12.60% per year.

As of today (2026-07-21), Shanghai Huayi Group's current stock price is ¥8.02. Shanghai Huayi Group's E10 for the quarter that ended in Mar. 2026 was ¥0.52. Shanghai Huayi Group's Shiller PE Ratio of today is 15.42.

During the past 13 years, the highest Shiller PE Ratio of Shanghai Huayi Group was 78.19. The lowest was 10.11. And the median was 16.26.


Shanghai Huayi Group  (SHSE:600623) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Shanghai Huayi Group's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=8.02/0.52
=15.42

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of Shanghai Huayi Group was 78.19. The lowest was 10.11. And the median was 16.26.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Shanghai Huayi Group E10 Related Terms


Shanghai Huayi Group E10 Historical Data

* Premium members only.

The historical data trend for Shanghai Huayi Group's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Shanghai Huayi Group E10 Chart

Shanghai Huayi Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.55 0.55 0.53 0.52

Shanghai Huayi Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.54 0.54 0.53 0.52 0.52

SHSE:600623 vs DOW: E10 Comparison

For the Chemicals subindustry, Shanghai Huayi Group's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Shanghai Huayi Group Shiller PE Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shanghai Huayi Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Shanghai Huayi Group's Shiller PE Ratio falls into.


SHSE:600623
67GF Score
Shanghai Huayi Group Corp Ltd SHSE:600623
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Huayi Group E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Shanghai Huayi Group's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.08/116.3033*116.3033
=0.080

Current CPI (Mar. 2026) = 116.3033.

Shanghai Huayi Group Quarterly Data

per share eps CPI Adj_EPS
201606 0.026 101.400 0.030
201609 0.030 102.400 0.034
201612 0.080 102.600 0.091
201703 0.120 103.200 0.135
201706 0.032 103.100 0.036
201709 0.030 104.100 0.034
201712 0.090 104.500 0.100
201803 0.210 105.300 0.232
201806 0.260 104.900 0.288
201809 0.260 106.600 0.284
201812 0.120 106.500 0.131
201903 0.150 107.700 0.162
201906 0.090 107.700 0.097
201909 0.016 109.800 0.017
201912 0.044 111.200 0.046
202003 -0.100 112.300 -0.104
202006 0.060 110.400 0.063
202009 0.066 111.700 0.069
202012 0.180 111.500 0.188
202103 0.290 112.662 0.299
202106 0.440 111.769 0.458
202109 0.450 112.215 0.466
202112 0.210 113.108 0.216
202203 0.320 114.335 0.326
202206 0.160 114.558 0.162
202209 0.050 115.339 0.050
202212 0.070 115.116 0.071
202303 0.005 115.116 0.005
202306 0.045 114.558 0.046
202309 0.260 115.339 0.262
202312 0.090 114.781 0.091
202403 0.070 115.227 0.071
202406 0.160 114.781 0.162
202409 0.090 115.785 0.090
202412 0.180 114.893 0.182
202503 0.070 115.116 0.071
202506 0.160 114.907 0.162
202509 -0.040 115.471 -0.040
202512 0.070 115.832 0.070
202603 0.080 116.303 0.080

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of ¥0.52 mean?
Shanghai Huayi Group (SHSE:600623) has a E10 of ¥0.52 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Shanghai Huayi Group and its competitors.
Is Shanghai Huayi Group's E10 too high?
Shanghai Huayi Group's current E10 is ¥0.52. Overall, Shanghai Huayi Group has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Huayi Group's E10 compare to DOW?
Shanghai Huayi Group's E10 of ¥0.52 can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Chemicals company?
A good E10 depends on the Chemicals industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Shanghai Huayi Group and its competitors. Shanghai Huayi Group's current E10 is ¥0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Huayi Group stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Huayi Group (SHSE:600623) is currently considered Fairly Valued. The stock's GF Value™ is ¥7.66, compared to a current price of ¥8.02 — trading 4.7% above its estimated fair value. The current E10 is ¥0.52. Shanghai Huayi Group's overall GF Score™ is 67/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Shanghai Huayi Group (SHSE:600623), the current E10 is ¥0.52 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Shanghai Huayi Group (SHSE:600623) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Huayi Group stock appears to be overvalued. The current stock price of ¥8.02 is trading 4.7% above its estimated GF Value™ of ¥7.66. GuruFocus considers Shanghai Huayi Group to be Fairly Valued.

Key valuation signals for SHSE:600623:

  • E10: ¥0.52
  • GF Value™: ¥7.66 vs. price of ¥8.02 (4.7% above fair value)
  • GF Score™: 67/100 with 8 warning signs

No single metric tells the full story. See the SHSE:600623 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Huayi Group Business Description

Other Exchanges 900909:China
Address 809 Changde Road, Huayi Group Building, Jing\'an District, Shanghai, CHN, 200040
Shanghai Huayi Group Corp Ltd is a chemical company. Its products include methanol, carbon monoxide, syngas and sulfuric acid and other chemical products.
67GF Score

Get the complete analysis for SHSE:600623

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥8.02
Price
¥7.66
GF Value