China First Heavy Industries Co (SHSE:601106) EV-to-FCF: -582.99 (As of Jul. 25, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:601106 China First Heavy Industries Co Ltd SHSE:601106
39 GF Score
Price ¥2.91
GF Value ¥1.59
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is China First Heavy Industries Co EV-to-FCF?

China First Heavy Industries Co SHSE:601106 -3.96% 39 EV-to-FCF is -582.99 as of Jul. 25, 2026. GuruFocus rates SHSE:601106 with a GF Score™ of 39/100 and a GF Value™ of ¥1.59 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,734 Industrial Products companies, China First Heavy Industries Co ranks worse than 57670.07% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, China First Heavy Industries Co's Enterprise Value is ¥38,487 Mil. China First Heavy Industries Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ¥-66 Mil. Therefore, China First Heavy Industries Co's EV-to-FCF for today is -582.99.

The historical rank and industry rank for China First Heavy Industries Co's EV-to-FCF or its related term are showing as below:

SHSE:601106' s EV-to-FCF Range Over the Past 10 Years
Min: -6125.16   Med: 17.9   Max: 311.39
Current: -554.94

During the past 13 years, the highest EV-to-FCF of China First Heavy Industries Co was 311.39. The lowest was -6125.16. And the median was 17.90.

SHSE:601106's EV-to-FCF is ranked worse than
100% of 1734 companies
in the Industrial Products industry
Industry Median: 23.585 vs SHSE:601106: -554.94

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-07-25), China First Heavy Industries Co's stock price is ¥2.91. China First Heavy Industries Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥-0.033. Therefore, China First Heavy Industries Co's PE Ratio (TTM) for today is At Loss.


China First Heavy Industries Co  (SHSE:601106) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

China First Heavy Industries Co's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=2.91/-0.033
=At Loss

China First Heavy Industries Co's share price for today is ¥2.91.
China First Heavy Industries Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-0.033.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


China First Heavy Industries Co EV-to-FCF Related Terms


China First Heavy Industries Co EV-to-FCF Historical Data

* Premium members only.

The historical data trend for China First Heavy Industries Co's EV-to-FCF 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.

China First Heavy Industries Co EV-to-FCF Chart

China First Heavy Industries Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 69.12 -24.79 -83.37 -1,094.54 70.16

China First Heavy Industries Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-FCF 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 -278.39 -231.46 258.56 70.16 -718.04

SHSE:601106 vs GEV, ETN, PH: EV-to-FCF Comparison

For the Specialty Industrial Machinery subindustry, China First Heavy Industries Co's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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.


China First Heavy Industries Co EV-to-FCF vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, China First Heavy Industries Co's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where China First Heavy Industries Co's EV-to-FCF falls into.


SHSE:601106
39GF Score
China First Heavy Industries Co Ltd SHSE:601106
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China First Heavy Industries Co EV-to-FCF Calculation

China First Heavy Industries Co's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=38486.816/-66.016
=-582.99

China First Heavy Industries Co's current Enterprise Value is ¥38,487 Mil.
China First Heavy Industries Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-66 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of -582.99 mean?
China First Heavy Industries Co (SHSE:601106) has a EV-to-FCF of -582.99 as of Jul. 25, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on China First Heavy Industries Co and its competitors. According to the industry distribution chart, China First Heavy Industries Co ranks #999999 out of 1734 companies in the Industrial Products industry.
Is China First Heavy Industries Co's EV-to-FCF too high?
China First Heavy Industries Co's current EV-to-FCF is -582.99. Based on the distribution chart, China First Heavy Industries Co ranks #999999 out of 1734 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, China First Heavy Industries Co has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China First Heavy Industries Co's EV-to-FCF compare to GEV and ETN?
According to the Industrial Products industry distribution chart, China First Heavy Industries Co ranks #999999 out of 1734 companies for EV-to-FCF. This places China First Heavy Industries Co in the lower half of its industry. The industry median EV-to-FCF is 23.59. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for an Industrial Products company?
The median EV-to-FCF among Industrial Products companies is 23.59, based on 1,734 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF 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 EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on China First Heavy Industries Co and its competitors. For the Industrial Products industry, the median EV-to-FCF is 23.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China First Heavy Industries Co's current EV-to-FCF is -582.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China First Heavy Industries Co stock overvalued right now?
Based on GuruFocus' analysis, China First Heavy Industries Co (SHSE:601106) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥1.59, compared to a current price of ¥2.91 — trading 83% above its estimated fair value. The current EV-to-FCF is -582.99. China First Heavy Industries Co's overall GF Score™ is 39/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For China First Heavy Industries Co (SHSE:601106), the current EV-to-FCF is -582.99 as of Jul. 25, 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 China First Heavy Industries Co (SHSE:601106) Overvalued in 2026?

Based on GuruFocus' analysis, China First Heavy Industries Co stock appears to be overvalued. The current stock price of ¥2.91 is trading 83% above its estimated GF Value™ of ¥1.59. GuruFocus considers China First Heavy Industries Co to be Significantly Overvalued.

Key valuation signals for SHSE:601106:

  • EV-to-FCF: -582.99
  • GF Value™: ¥1.59 vs. price of ¥2.91 (83% above fair value)
  • GF Score™: 39/100 with 8 warning signs

No single metric tells the full story. See the SHSE:601106 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China First Heavy Industries Co Business Description

Address Changqian Road Number 9, Fularji, Qiqihar, Heilongjiang, CHN, 161042
China First Heavy Industries Co Ltd manufactures and sells heavy-duty equipment in the People's Republic of China and internationally. It offers energy equipment, including civilian nuclear energy, petrol-chemistry, coal chemistry, common chemistry, ocean engineering, seawater desalination, mining excavator and transportation, and offshore high power generating equipment.
39GF Score

Get the complete analysis for SHSE:601106

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

¥2.91
Price
¥1.59
GF Value